I would end U.S. support for the disastrous Saudi-led war in Yemen and order a reassessment of our relationship with Saudi Arabia. It is past time to restore a sense of balance, perspective, and fidelity to our values in our relationships in the Middle East. President Trump has issued Saudi Arabia a dangerous blank check. Saudi Arabia has used it to extend a war in Yemen that has created the world’s worst humanitarian crisis, pursue reckless foreign policy fights, and repress its own people. Among the most shameful moments of this presidency came after the brutal Saudi murder of journalist Jamal Khashoggi, as Trump defended not the slain U.S. resident but his killers. America’s priorities in the Middle East should be set in Washington, not Riyadh.
President Trump’s first overseas trip was to Saudi Arabia. As President, I will rally the world’s democracies and our allies in the Free World. We will make clear that America will never again check its principles at the door just to buy oil or sell weapons. We should recognize the value of cooperation on counterterrorism and deterring Iran. But America needs to insist on responsible Saudi actions and impose consequences for reckless ones. I would want to hear how Saudi Arabia intends to change its approach to work with a more responsible U.S. administration.
This sale is the second to Saudi Arabia under the Biden administration, the first was for $500 million. Congress has 30 days to review the sale and the sale may face pushback from Democrats on the Hill.
As things stand, an inclination to self-criticism after an electoral defeat is far more pronounced in countries with a two-party system than in those where there are several parties. In practice, then, a two-party system is likely to be more flexible than a multi-party system, contrary to first impressions.
Although filings detailing Musk's stock sales on Tuesday and Wednesday didn't mention any motivation, he does have an additional massive tax bill looming. When he exercises the additional options that are due to expire, he will have to report the value of the shares as regular income, at 40.3% federal tax rate, and likely some state tax.
The exact tax bill will be determined by the value of the shares at the time the options are exercised, but the federal tax bill is likely to be nearly $11 billion if shares stay near their current value.
It does matter who pulls the levers. What you're describing is the state being controlled by the capitalists, and so you generalize this to all states. A nation-state is a kind of social organization, and there are various forms. Just as there are various forms of business. It would be nice if we tried democratic participation in both. You rail against the former while defending the latter, and so you forfeit any right to be taken seriously.
Abolish the state? Fine. Let's first abolish capitalism.
Democracy has this often resented feature that political movements do sometimes get their objectives and accepted by all sides. Hence if you refer to wealth transfers and social welfare nets being socialist, then both parties in the US (or parties in Canada) are all socialists. That hardly is the case. Yet when you look at how the UK, Finland or your country Canada actually spends the tax income (or the new debt), a lot of it goes into wealth transfers with systems similar to those implemented by Roosevelt and Truman in the US.
Yeah, $7 trillion/ten-year defense budges will do that to you. Anyway, no matter how high inflation gets, do you think we will ever pay true cost for anything? Wouldn't that be nice.
On the contrary. A Democrat with balls saying the truth. And of course, why wouldn't Truman be for the New Deal? Odd if he would be against it. Tells actually also a lot about the Democrats, in fact.
So he loved the policies and programs that dominated the "Golden Age of Capitalism"? Greatest growth in the 20th century. Etc.
Compare to the last 40 years of neoliberal Reaganite policies. You'll find the real fascism there.
