‘That’s not only bad government, it’s bad capitalism’

Rolling Stone’s Matt Taibbi, one of my favorite writers, has written one of my favorite pieces in recent memory. It’s both hilarious and poignant (and more than a little infuriating in its subject matter).

Taibbi starts by noting something that probably bothers most of us: the media’s bizarre obsession with trivia.

I’m not one of those curmudgeons who freaks out every time that Bradgelina moves the war off the front page of the Post, or Katie Couric decides to usher in a whole new era of network news with photos of the imbecile demon-spawn of Tom Cruise and Katie Holmes. I understand that we live in a demand-based economy and that there is far more demand for brainless celebrity bullshit than there is, say, for the fine print of the Health and Human Services budget.

But that was before this week. I awoke this morning in New York City to find Britney Spears plastered all over the cover of two gigantic daily newspapers, simply because she cut her hair off over the weekend. To me, this crosses a line. My definition of a news story involves something happening. If nothing happens, then you can’t have “news,” because nothing has changed since the day before. Britney Spears was an idiot last Thursday, an idiot on Friday, and an idiot on both Saturday and Sunday. She was, shockingly, also an idiot on Monday. It will be news when she stops being an idiot, and we’ll know when that happens, because she’ll have shot herself for the good of the planet. Britney Spears cutting her hair off is the least-worthy front page news story in the history of humanity.

Apparently, from now on, every time a jackass sticks a pencil in his own eye, we’ll have to wait an extra ten minutes to hear what happened on the battlefield or in Congress or any other place that actually matters.

But in this case, Taibbi wasn’t just going on a celebrity-news rant for no reason. Taibbi got a tip from someone in Sen. Bernie Sanders’ (I-Vt.) office about some research on Bush’s proposed 2008 budget. The Hill staffer was struggling to get some media attention (any media attention) on the same day that Britney was shaving her head. It’s a shame.

The research from Sanders’ office included some rather startling revelations about Bush’s plans for the elimination of the estate tax, at a cost of $442 billion over the next decade, and how, exactly, the president plans to pay for them.

Sanders’s office came up with some interesting numbers here. If the Estate Tax were to be repealed completely, the estimated savings to just one family — the Walton family, the heirs to the Wal-Mart fortune — would be about $32.7 billion dollars over the next ten years.

The proposed reductions to Medicaid over the same time frame? $28 billion.

Or how about this: if the Estate Tax goes, the heirs to the Mars candy corporation — some of the world’s evilest scumbags, incidentally, routinely ripped by human rights organizations for trafficking in child labor to work cocoa farms in places like Cote D’Ivoire — if the estate tax goes, those assholes will receive about $11.7 billion in tax breaks. That’s more than three times the amount Bush wants to cut from the VA budget ($3.4 billion) over the same time period.

Some other notable estimate estate tax breaks, versus corresponding cuts:

* Cox family (Cox cable TV) receives $9.7 billion tax break while education would get $1.5 billion in cuts

* Nordstrom family (Nordstrom dept. stores) receives $826.5 million tax break while Community Service Block Grants would be eliminated, a $630 million cut

* Ernest Gallo family (shitty wines) receives a $468.4 million cut while LIHEAP (heating oil to poor) would get a $420 million cut

And so on and so on. Sanders additionally pointed out that the family of former Exxon/Mobil CEO Lee Raymond, who received a $400 million retirement package, would receive about $164 million in tax breaks.

Compare that to the Commodity Supplemental Food Program, which Bush proposes be completely eliminated, at a savings of $108 million over ten years. The program sent one bag of groceries per month to 480,000 seniors, mothers and newborn children.

This is what conservative politics is all about in 2007. Bush’s budget increases spending, gives lavish tax cuts to people who don’t need more money, and cut spending dramatically on those who need the most help. As Taibbi put it, “That’s not only bad government, it’s bad capitalism.”

Taibbi notes that the traditional media largely ignored all of this. I’m willing to cut the reporters some slack — they know full well that Congress is going to throw Bush’s budget in the recycling bin, so they’re not inclined to report on a budget that isn’t going anywhere.

But Bush’s budget matters because it’s indicative of what the White House wants to do. It highlights what kind of country the president wants. It makes plain, in black and white, who wins and who loses in Bush’s America.

Any news outlet who believes this is less important than Anna Nicole Smith’s death or Britney Spears’ hair is failing the national interest. And any news consumer who thinks the media’s priorities are just fine, and cares more about Smith and Spears than what Bush wants to do to the country, deserves to be ripped off.

and that’s another reason why it only takes me two minutes to read the newspaper any more. and why my eyes glaze over when i’m watching the network news. i’d be better off going for a walk.

  • …the imbecile demon-spawn of Tom Cruise and Katie Holmes…

    Damn! What did that baby ever do to him??

  • I was hoping it’d be different when the Democrats took majorities in both houses. Not just because we could hold hearings and report, a la tabloid, on scandals. Different where it really matters: the distribution of wealth. Now I’m not so sure. The fact is that nearly all of our governors from both parties are among the very wealthy or lackeys of the very wealthy. I think FDR’s greatest achievement, the middle class of the 1950s, is doomed forever. Too bad. That social structure, stripped of effective prejudice against women, blacks, gays and others, would have been something to be really proud of. The military-industrial-corporate complex doesn’t give a damn about the needs and hopes of real people.

  • …the imbecile demon-spawn of Tom Cruise and Katie Holmes…
    Damn! What did that baby ever do to him??

    Comment by Grumpy

    Imbecility is, while not a certain prediction, more likely for a kid coming from that fucked-up a match than most. And I’d ask what did Cruise and/or Holmes ever do to him, since he is calling at least one of them a demon.

  • ” …the imbecile demon-spawn of Tom Cruise and Katie Holmes…
    Damn! What did that baby ever do to him??

    Comment by Grumpy — 2/22/2007 @ 9:57 am”

    Hey, particularly considering the current pollution rate, this oxygen-breathing thing is a zero sum competition. . .

  • I was genuinely furious yesterday when I turned on CNN Headline News and found them covering the court proceedings of the Anna Nicole case LIVE. I think that marked the final nail in the coffin of my respect for the MSM (with only a few individual exceptions, such as Lara Logan… Sigh…)

  • Britney & Anna Nicole = rich celebs, newly rich (not a lot of connections to protect them) & pretty pics
    Mars Candy heirs, Cox family, et. al. = faceless non celebs with lots of friends who own lots of media stock holdings.
    Money & protection, just like the Mafia.
    The consolidated media (aka MSM, or liberal media) protects the entrenched rich, and screws the rest of us.
    Welcome to the party again, Matt

  • How about someone do a little research and let us, the country, know how much money Bush & Cheney are going to save by repealing the Estate tax.

  • ” I understand that we live in a demand-based economy and that there is far more demand for brainless celebrity bullshit than there is, say, for the fine print of the Health and Human Services.” – Taibbi

    I have to disagree with Matt to a point on this. How do the TV and cable networks and other forms of media assess our demand for news about Britney’s latest haircut? I say it’s less a function of demand and more due to the 24 hour news cycle trying to create infotainment based on their formula that if it happens to a celebrity it’s news. Anecdotally, I find people tend to bitch about how much coverage is given to celebrity news and wish the networks would get over it.

    Look at how much the media and the public soaked-up the Clinton era scandals, even the non blowjob ones. For some reason, Republican scandalous behavior tends to disappear from the news very quickly and scandals of not-so-famous rich people do too. How convenient.

  • Such an outpouring of envy and malice! Remember that Chelsea Clinton will inherit a lot less money if the inheritance tax is not repealed. And Bill and Hillary worked so hard for all their millions, especially from all those real estate deals and speaking engagements.

  • Fallenwoman seems to confuse the readership of this blog with people who give a shit about Chelsea Clinton’s inheritance.

    A clue for you, fallenwoman: hero worship of politicians and their offspring is currently a republican obsession. Most of the rest of us are simply trying to figure out how to slow the country’s transformation into a third-world kleptocracy.

  • on a follow-up, i want to thank my very own senator sanders for doing this research. he is a perfect example of the leaders we should be supporting in our congress.

  • Tax Chelsea if she’s rich. Tax Paris Hilton. Tax Warren Buffett and Bill Gates Sr. — the latter two have said flat out, “Yes, tax me, for the good of the country.”

  • I agree with petorado that the MSM creates celebrity in order to sell it. Too bad real news doesn’t make the cut for entertainment value. Also, its cheap to produce: no expert knowledge of economics, tax law, or congressional rules required. Its idiots reporting on idiots.

  • O.K. I remember before Bush was re-elected, in 2004, Brittany said on Letterman (or was it Leno) that we should all just trust the Pres on the war (so she was an idiot even back then). My point is that she is clearly a paid White House Shill and was ordered by the Vice Pres to cut her hair on the very day when the news should be about these obscene budget proposals.

    BTW, ‘forest for the trees’ blog points out that the proposed cut in medicare 28 billion, almost balances out for Waltons’ (one family’s!) tax break, 32 billion.

  • To Fallenwoman @10:
    Neither Bill nor Hillary proposed doing away with the inheritnace tax, so your comment is irrelevant. Bush/Cheney did, so how it affects their heirs is relevant.

  • This is why I have sworn off all televsion news, especially after watching one of the local networks here spent FIFTEEN MINUTES talking about ‘American Idol”, just because one of the schmucks is from Nebraska. Whoopty-fucking-doo.

    If the estate tax is such a burden on our economy, then how come the greatest economic growth in this country occurred AFTER the inheritence tax was passed?

  • Budget smudgets…come on that stuff isnt sexy enough for the dispoible fluff loving media….

    I think even the media would ignore Britney or Paris if they started talking about budgets and estate taxes……
    (wait a minute …thats a great idea to get rid of these two)

  • In typical disingenuous, poorly-researched fashion, Fallenwoman has got it exactly wrong once again. Not only did Bill Clinton oppose repeated Republican attempts to lose the Estate Tax throughout his entire presidency, he specifically stated that there was no divine law that Chelsea was entitled to every nickel they ever earned (or misearned, if you still take Fallenwoman’s word for anything anymore).

    Here’s the link:

    http://www.lasvegassun.com/sunbin/stories/nevada/2006/oct/12/101210281.html

  • Congress needs to pass a truth-in-advertising legislation such that the word “News” now must always appear in quotes, e.g. Cable “News” Network, New York Daily “News,” etc

    Though it’s also somewhat incumbent upon those of us who think that economic/domestic issues are more important than celebrity bullshit–or, dare I say, the sex-related set of “issues” (abortion, gay rights, etc) that dominate what passes for political discourse*–to figure out ways to make this stuff more entertaining. The Daily Show manages to do this–which is why, IMO, they more deserve the News description than CNN et al.

    *I don’t mean to dismiss the importance of social issues… but the amount of play they get in relation to meat-and-potatoes policy questions is far, far out of proportion. That’s all I’m sayin’.

  • Fallenwoman, besides the obvious fell on your head joke.

    Explain to me exactly what taking a nice portion of Chelsea’s inheritance is so bad ?? At this rate, the wealthy are going to totally eliminate the middle class in a generation, then you and all you dumb ass wanna B’s, will be in-line at the soup kitchen still thinking that you and the GOP are going to someday be rich, not to be confused with wealthy. The difference being, as stated by Chris Rock, “Shaq is rich, the mother fucker that signs his check is wealthy”.

    The Estate Tax probably will effect a descent amount of people who read this blog. I think the level is a little less then a million, well tons of people have parents with a net worth over that, but so what. I would rather pay a chunk of my parents change then let children go without insurance or let them go without food. I feel there is a moral obligation to take care of the unfortunate at the cost to the fortunate. I don’t want to pay taxes, but we do this for the greater good of a society, not the greater good of our own pocket.

    The wealthiest man and most ruthless businessman to ever live in this country is arguably JD Rockefeller. His life ambition was “to make as much money as possible to improve mankind”. When he died he left his family almost nothing and they did, and are doing just fine.

    Wealthy people not wanting to take care of the poor people that made them wealthy is so third-world.

  • Unfortunately, somewhere there is a person who supports liberal policies and politicians, sitting in a big stuffed chair at the top of the building that produces this garbage we call “news”.

    They are getting rich by making people stupider. Stupider people will buy the crap they sell instead of thinking “that’s a bunch of crap I don’t need”.

    Someday, maybe, they will see that making money by making people stupider is about the most destructive thing you can do.

    I wish the media people who support the Dems would see what their work helps accomplish. Satisfying the idiots’ thirst for garbage news is literally killing us.

  • How do we know how much money the elimination of the estate tax will save one family? The savings occur upon the death of a family member, and unless the Walton’s are all sitting on Arkansas’ death row, we really can’t say which ones are going to die in the next ten years.

  • “I’m not one of those curmudgeons who freaks out every time that Bradgelina moves the war off the front page of the Post…”

    Yeah, well, not all us curmudgeons are cut from the same cloth. Me, for one. 😉

  • This is what conservative politics is all about in 2007. Bush’s budget increases spending, gives lavish tax cuts to people who don’t need more money, and cut spending dramatically on those who need the most help.

    It’s called ‘constituent service’.

  • And any news consumer who thinks the media’s priorities are just fine, and cares more about Smith and Spears than what Bush wants to do to the country, deserves to be ripped off.
    Sadly, though, the misplaced priorities of the sizable chunk of the nation that sat enraptured though CNN’s interview of Britney’s hair stylist have consequences not only for those people individually, but for all of us affected by Bush’s nails in the coffin of the New Deal. The old cliche “You get the government you deserve” sadly only goes for the majority.

  • Not, presumably, conservative politics, but neocon. The politics where “greedy capitalists” pretend to care about conservative values so that they can get elected and make themselves, and their friends, a pack of money.

  • “unless the Walton’s are all sitting on Arkansas’ death row, we really can’t say which ones are going to die in the next ten years.”

    Heraldlbog. You never know exactly because their wealth position changes every day. But if you take a families wealth subtract the million that is exempt and multliply it by the tax rate you get a usable number.

    All numbers are probably very conservative considering 6 of the 7 Walton probably have 20 years left in which time one would assume their wealth is going to grow. Of course you can do their heirs and their heirs and by eliminating estate tax of say 100 years, the numbers because astronomical.

    I think the point of argument being made is if they all died today or next year or whatever. It’s an impossible number to calculate, like the war, but we do our best. Without an estimate then one could argue that in the next 5 years repealing the Estate Tax might not benefit a soul and it might not, but realistically it will save these families this amount of money.

  • Ahhh, good old class warfare. “Get ready Mr. and Mrs. America, because coming up next on the assrape channel: more assrape!”

  • “Nobody ever went broke underestimating the intelligence of the American people.” H,L, Mencken, commenting on the Scopes Monkey Trial coverage, 1924.

    Plus ca change…

  • Ten minutes about the asshound judge playing musical chairs with Anna Nicole Smith’s rotting corpse; another twenty about Spitney Brears shaving her empty head – and I kept watching, waiting to hear real news, afraid that if I blinked I might miss it. And I almost did! Vague five second blurb on Iraq. Jury out on Libby trial – ten seconds.

    I personally could not care less if Spitney doused herself with gasoline and lit a match, but I guess the MSM has to go where the money is and pander to those who think we’re living in some kind of soap opera.

  • Oh, the horror! What Bush should be doing is increasing the estate tax to 100% for everyone, regardless of income.

    And then he should implement a nationwide sales tax of 100%, and an income tax of 100%, and so on. This way, he could drop free groceries from the sky onto every house in America. Plus, he could give every American free healthcare and free gasoline and free sportscars and free video games and free condoms for the rest of their lives!

    Wouldnt it be great to live in an America where everything is 100% free?

  • The BEST part of Murderous TRAITORS like Bush , Cheney, and the PNAC is that

    GOD SEES ALL THEY HAVE DONE,

    They CANNOT ESCAPE the WRATH of the Almighty God for MURDERING their fellow man, STEALING Americans’s money, and LYING to the American public, as well as BLASPHEMING, i.e. doing it in the name of Jesus and God.

    BURN, coxucker TRAITORS, BURN.

    For ETERNITY!

  • It may be possible to go after the sponsors who pay for these vapid news segments. Make a list of the sponsors who pay for commercials during the garbage news and let them know 1) that their marketing money is being wasted, and 2) let them know that you are going to boycott their products or services.

    Just 2% respondents could make a big difference in how the news is presented and what is presented as well. It must be fair to assume that sponsors are happy paying for this vacuous news that already has a tradition going back to OJ Simpson and Michael Jackson. No one complained back then, and it appears no one is complaining now, except on the internets.

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