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Tag Archives: Social Security
All the Bad News That Fits
“I met a girl who sang the blues, and I asked her for some happy news. She just smiled and turned away.” In the latest episode of “As the Debt Ceiling Turns”; Boehner walks, Obama has a hissy fit, and … Continue reading
Posted in Afghanistan, budget, Congress, economy, Iraq, Medicaid, Medicare, Obama, Politics, Social Security, Unemployment, Wall Street
Tagged Afghanistan, Boehner, Cisco, claims, debt ceiling, default, Iraq, layoffs, Lockheed Martin, Medicaid, Medicare, mercenary army, Obama, Pelosi, SIGAR, Social Security, spending cuts, State Department, unemployment, Wall Street
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Greenwald: Obama Gutting Core Democratic Principles
Yet another gem from Glenn Greenwald in today’s Guardian: “[I]n 2009, clear signs emerged that President Obama was eager to achieve what his right-predecessor could not: cut social security. Before he was even inaugurated, Obama echoed the right’s manipulative rhetorical … Continue reading
Obama Hearts the “Gang of Six” Plan
President Obama was quick to endorse the latest deficit reduction plan, the one from the so-called “Gang of Six” released yesterday, calling it a “very significant step” and “broadly consistent with the approach he has advocated.” This without knowing the … Continue reading
Posted in budget, Congress, economy, health care, Medicaid, Medicare, Obama, Politics, Social Security, Taxes, Unemployment
Tagged Alternative Minimum Tax, CLASS Act, corporate tax cuts, deficit reduction, economic growth, Gang of Six, marginal tax rates, Medicaid, Medicare, Obama, overseas profits, Pentagon, Social Security, spending caps, supply side
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Why Is This So Damn Difficult?
This is so simple it’s ridiculous. The three major causes of the dramatic increases in debt and deficit are: 1) The Bush, now Obama, tax cuts. 2) The wars in Iraq and Afghanistan. 3) The financial collapse caused by Wall … Continue reading
Posted in Afghanistan, budget, economy, Iraq, Medicare, Obama, Politics, Social Security, Taxes, Unemployment, Wall Street
Tagged $2.2 trillion, Afghanistan, American Society of Civil Engineers, Austan Goolsbee, Bush tax cuts, businesses, certainty, customers, debt, deficit, demand, financial transaction tax, free trade agreements, infrastructure, Iraq, jobs, Medicare, patent process, President Obama, Social Security, Wall Street
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Obama Has Been Consistent on Social Security—He Wants to Cut It
After the news broke yesterday about President Obama putting Social Security cuts on the table in the debt ceiling talks, the White House immediately went into CYA mode: “White House spokesman Jay Carney commented on the reports concerning Social Security … Continue reading
R.I.P. Social Security
FDR didn’t foresee what would become of his party: “We put those payroll contributions there so as to give the contributors a legal, moral, and political right to collect their pensions and their unemployment benefits. With those taxes in there, … Continue reading
Posted in Congress, Democrats, Obama, Social Security
Tagged Clyburn, Doggett, extension, FDR, holiday, Larson, Obama, payroll tax, Social Security
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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
Posted in Congress, economy, Politics, Social Security, Taxes, Unemployment
Tagged 99ers, debt ceiling, Huffington Post, Jamie Dimon, legislative extortion, Majority Leader Reid, Medicare, pay the ransom, Sen. Franken, Sherrod Brown, Social Security, tremendous accomplishment, working poor
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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 99ers, Bernanke, Camden, COLA, corporate chiefs, firefighters, foreclosure fraud, gasoline, Geithner, home heating oil, laid off, legal aid, police, President Obama, quantitative easing, roundtable, Social Security
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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
Posted in budget, Congress, economy, Politics, Social Security, Taxes
Tagged fiscal commission, Kent Conrad, mandatory spending, Medicare, Paul Ryan, Social Security
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