Monthly Archives: December 2010

Obama Administration Pot Calls Out Pakistani Kettle

From the Department of Blatant Hypocrisy, Do As I Say, Not As I Do Division: “The Obama administration is expressing alarm over reports that thousands of political separatists and captured Taliban insurgents have disappeared into the hands of Pakistan’s police … Continue reading

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Forecast for the Obama “Compromise”: “Weak Growth, Little Decline in Unemployment”

Dean Baker writes at The Guardian: “The enthusiasm of the US business press for the compromise tax package worked out by President Obama and Republicans in Congress led to a mini-euphoria of upbeat economic projections for 2011. While the economy … Continue reading

Posted in budget, economy, Obama, Obama administration, Taxes, Unemployment | Tagged , , , , , , , | 1 Comment

Deficit Peacocks, Debt Ceilings, and Indefinite Detention

In a January 20 article at the Center for American Progress, Michael Linden differentiated between those who are serious about addressing our fiscal problems–the deficit hawks–from those who posture and preen about it—the deficit peacocks. Here’s how he defines a … Continue reading

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A “Good Deal” For Who?

Now that President Obama’s “good deal” has been signed, sealed, and delivered thanks to the warm and fuzzy “spirit of compromise” floating around D.C. this holiday season, let’s take a look at who got goodies in their Christmas stocking and … Continue reading

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Six of One, Half Dozen of Another

This concludes another chapter in the ongoing saga of “It Doesn’t Matter Who You Vote For, You Get the Same Thing.” When all the smoke has been blown, and all the posturing and pontificating is done, this is what we … Continue reading

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Senate Caves, House Soon to Follow

The Senate voted 83-15 yesterday to invoke cloture on President Obama’s sell-out compromise on the extension of the Bush tax cuts for the top 2%. Nine Democrats and Bernie Sanders voted “no.” The nine were: Jeff Bingaman (NM), Sherrod Brown … Continue reading

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President Obama to Meet With Corporate CEOs

*Sigh* “President Obama will host a roundtable with about 20 corporate chiefs on Wednesday, according to the White House, part of an attempt to ease strained relations with business. Expected for the session at the Blair House, across the street … Continue reading

Posted in budget, economy, Foreclosures, Obama, Politics, Social Security, special interests, Unemployment | Tagged , , , , , , , , , , , , , , , , | Leave a comment

They’re Coming After Social Security

And it’s a bi-partisan effort: “Both Sen. Kent Conrad (D-N.D.), the chairman of the Senate Budget Committee, and Rep. Paul Ryan (R-Wis.), the incoming chairman of the House Budget Committee, signaled that they’re preparing budgets that would seek cuts to … Continue reading

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Senator Sanders on the Class War

Just one small segment of Sen. Bernie Sanders’ marathon speech on the floor of the Senate yesterday, dealing with the class war and the winners and losers in that war: “…in the year 2007, the top 1 percent of all … Continue reading

Posted in budget, Clinton, Congress, economy, Financial Crisis, Obama, Politics, special interests, Taxes, too big to fail, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Today on Let’s Make a Deal

The latest on “The Deal”: President Obama at Tuesday’s press conference: [I]t’s a big, diverse country, and people have a lot of complicated positions, it means that in order to get stuff done we’re gonna compromise…This country was founded on … Continue reading

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