Why Don’t the Deficit Hawks Want to Tax Wall Street?

The intensity with which the country’s leading deficit hawks continue to ignore financial speculation taxes (FST) is getting ever more entertaining . . .

The refusal of this group to consider FST is becoming more striking because most of the world appears to be moving in this direction. Last spring, the European Parliament voted by an almost four to one margin in support of FST . . . 

Even with the low tax rates being considered by the commission (e.g. 0.05 percent in each side of a stock trade), it is estimated that an EU-wide tax could bring in as much as $60 billion a year. Read more . . . 

Poem: A Humanist Manifesto

By Curt Systma

In every age, the bigot’s rage
Requires another focus,
Another devil forced on stage
By hatred’s hocus-pocus:
The devil used to be the Jew
And then it was the witches;
And then it was the Negroes who
Were digging in the ditches.
The devil once was colored pink
And labeled Communistic;
Now, all at once, in just a blink,
The devil’s humanistic.

Date ‘rape’ is an insult to Christians

THE Austrialian government and the BBC have been identified as “enemies of Christianity” following their decisions to replace the terms BC (Before Christ) and AD (Anno Domini) with “politically correct” BCE (Before Common Era) and CE (Common Era) . . .

The Wail reports here that the BBC’s Religious and Ethics department states: As the BBC is committed to impartiality it is appropriate that we use terms that do not offend or alienate non-Christians. In line with modern practice, BCE/CE (Before Common Era/Common Era) are used as a religiously neutral alternative to BC/AD . . .

But Rabbi Jonathan Romain, from Maidenhead Synagogue, said he could see the logic behind the change. ‘In the year of Our Lord’ is a religious view that is not shared by many across the world, or even the UK. The change to BCE and CE is simply more inclusive. Read more . . . 

Essay: “The Faith-Based Initiative: Flawed in Concept, Constitutionally Threatening, and Ineffective”

By Madison S. Hughes (11.07.2010)

Abstract

The Faith-Based Initiative (FBI) is a poverty-stricken solution to boosting the nation’s capacity in social services. The idea resonates especially in the current economic climate. Regardless of the economic conditions, the FBI is not a solution to the problem of providing necessary social services. At the same time, the substitution of religious institutions for putatively secular functions represents a clear and present violation to the Establishment Clause regarding the separation of Church and State. This paper will argue that while the objective of providing social services should be a paramount concern, the FBI fails to deliver on this objective on two counts. First, it remains a threat to our most vulnerable citizens because they represent a vehicle to impose specific religious creeds from their social service provider. As such, this initiative, while politically expedient, poses a substantial constitutional infringement, and is unacceptable as public policy. Secondly, to date the FBI has not produced a measurable gain in social service capacity. Continue reading

Alabama City Lets People Avoid Jail By Going To Church Instead

In a ridiculous violation of the separation of Church and State, Bay Minette, Alabama is offering those guilty of misdemeanors the choice between jail and a year of church. Now, I know what many of my atheist readers are thinking–having to attend church once a week is a punishment worse than jail, but think more carefully about this and you realize the city is actually interested in converting people, not punishing them here. Read more . . . 

Why Does the South Execute More People?

The regional disparity is striking. Since the Supreme Court lifted a ban on death sentences in 1976, 1,264 people have been executed in the U.S. And 921 of those executions — or 73 percent of the total — took place in 13 Southern states . . . 

But less discussed is the racial divide in how people view the death penalty. For example, underneath the polls showing widespread support is one of the most well-documented facts in death penalty research: that it enjoys much higher support among whites than other racial groups, especially African-Americans. Read more . . . 

Dominion Denial: Methinks Chuck Colson Doth Protest Too Much

Do Religious Right zealots want to take “dominion” in America and govern according to their version of biblical law?

Of course they do. But all of a sudden, leaders of the movement say they don’t. Stung by a series of articles exposing the dominionist agenda, they are desperately trying to rebrand themselves as moderates . . .

I do think they want to tear down the wall of separation between church and state so they can fund religious schools and other ministries with taxpayer dollars, pervade public schools with their religious perspective, ban all abortions, deny basic civil rights to the LGBT community and festoon courthouses and other public buildings with the symbols of their faith . . .

Sorry, Chuck. We aren’t mischaracterizing your agenda. We’re exposing it. Read more . . . 

Widening Income Inequality Bad For Economic Growth: IMF Report

The study out of the International Monetary Fund found that greater income equality positively correlates with stronger economic growth
. . . Indeed, greater levels of income equality corresponded more strongly to sustained economic growth than other economic factors, including lower debt levels, according to the report . . .

The United States Income inequality has grown in the United States over the past four decades and now more closely compares to the income distributions of Russia and Iran than many other developed economies
. . . 
Some economists have attributed stagnant wages for most Americans over the past four decades in part to growing inequality, as the rich have mostly benefitted from the country’s recent economic gains. Read more . . . 

God and Class Warfare

Well, let’s be clear: There really is a class war going on and the upper class is winning . . . As former President Bill Clinton also pointed out this week, 90 percent of income gains in the last decade went to the top 10 percent, and 40 percent of the increased wealth went to the top 1 percent . . . Almost fifty million Americans are now in poverty — the largest rate in 50 years, including 22 percent of all our children — in this the richest country in the world . . . [T]he top 1 percent of the country controls 42 percent of the nation’s financial wealth — more than 90 percent of the rest of us — and the ratio of CEO pay to average workers salaries at 400-to-1 . . . 

God’s prophets say that nations will be judged by how they treat the poor and vulnerable — not by how much they lower tax rates for the wealthy
. . . In 2008, the wealthiest 400 Americans on average paid only 18 percent of their income in taxes . . . Growing income inequality actually hinders economic growth, and reducing economic inequality actually helps spur the economy[.] Read more . . .