The Happy Birthday of the Death Tax - Perpetual Estates

December 26th, 2010

By Numerian

...the stealth program to destroy the estate tax is funded by the children of entrepreneurs.


Merry Christmas to All! If it be more blessed to give than to receive, what better time than Christmas Day to discuss the Estate Tax.

You might say to yourself: How dry, how dull – leave me to my eggnog and on some other day I will look into this subject. But there is no better day than Christmas Day to think about what any citizen of a democracy owes to his or her country, and this is especially true about the wealthier, and especially the wealthiest, among us. Image: Mark Fiore

My first Christmas gift to you is my most favorite of all quotes, from that most astute observer of democracy, Alexis de Tocqueville. He was a man who was intimately familiar with the social sclerosis that resulted from aristocracy, and he had a chance to compare it in the 1830s to the newly-invented American democracy. He said the following in Book I of his Democracy in America.

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Gates to Iraqis - We'll stay, just ask us

August 16th, 2010

Michael Collins

A revealing article appeared in Voice of America (VOA) on August 12. Defense Secretary Robert Gates made the following statement:

"I think we have an agreement with the Iraqis that both governments have agreed to, that we will be out of Iraq at the end of 2011," he (Gates) said. "If a new government is formed there and they want to talk about beyond 2011, we're obviously open to that discussion. But that initiative will have to come from the Iraqis." Robert Gates in "US Military Prepares to Leave Iraq, But May Stay If Asked", Voice of America (VOA), Aug 12

At the time of this post, if you do a Google "News" search for the sentence underlined, you will find it only at the VOA source. The article notes that Gates made the statement, "to reporters on his aircraft during a domestic trip on Wednesday." Apparently, it wasn't newsworthy except to the official news agency for the United States government.

President Obama's withdrawal promise has been treated with some skepticism. Now we've got Robert Gates adding a cynical codicil: "if they want to talk … we're obviously open to discussion."

Who's in charge here?

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