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Saturday, August 20, 2011

The Daily Show for Real News


For those of you who missed the Daily Show with Jon Stewart August 18th, I just have to share with you some of the material from that show.

It started with Jon showing Warren Buffet saying folk like himself, the very rich need to start paying their fair share of income taxes and that he pays at a lower rate that anyone else in his office, including his cleaning lady. Fox news has attacked Warren Buffet on this and called it class warfare and Buffet of being a Socialist.

The point the extreme right is making is that taxes the ultra rich in this country won’t help bring down the deficit as it would only raise $750 billion dollars over 10 years, just a fraction of what is needed.

Stewart then went on to show how the extreme right condemns 51% of the country for not paying enough taxes, getting a free ride. Then Stewart ran the figures. This group owns 2.5% of the wealth of the country or $1.4 trillion dollars. So, if you take half of what they have you come up with $750,000; that fraction mentioned in the above paragraph. He then showed videos of right wingers complaining about the wasteful spending of the government on things like NPR which I believe amounted to $1 million.

At one point Stewart pointed out the U.S.A. ranks 64th in equitable economic distribution in the world.

No wonder the Daily has been shown to be of equal substance to Network News shows even though it is a comedy show. [IU News Room, Oct 4, 2006] His ratings are higher than all of Fox news programs; as of May 11 of 2011 averaged 2.3 million viewers, aside from The O’Reily Factor, except when they are in the same time slot, Daily beats O’Reily by about a million viewers. Fox news hates Jon Daily for a good reason. [Politicususa.com]

Only in America.

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