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Posts Tagged ‘Economy’

February 15, 2012

Addicting Info  By

Rick Santorum is currently the poster boy for conservatism and the candidate leading the national polls among Republicans. Every day, Romney gets a little weaker, and Santorum gets a little stronger. And that makes him a threat to be the Republican Presidential nominee who faces President Obama in the general election this fall. But who exactly would the American people really be voting for if they elected Santorum? The answer could make you throw up in your mouth a little bit.

If Americans were to elect Rick Santorum to the Presidency, they’d be electing a second George W. Bush. In fact, Santorum would be even worse. If Rick Perry is the dumber version of Bush, Rick Santorum is the extreme version. According to Congressional Quarterly, Santorum supported Bush policies over 95% of the time from 2001 to 2005. Here is just a sample of the many Bush supported policies that Santorum voted for.

Tax Cuts) Santorum loves tax cuts. In fact, he voted for the 2001 Bush tax cuts, the repeal the Inheritance Tax in 2002, the 2003 Bush tax cuts, and he voted for extending the Bush tax cuts in 2006. These tax cuts are partly to blame for the large deficits created by Republicans that continue to plague our economy today and has contributed to the largest increase in income inequality since the Great Depression. But Santorum would be worse than Bush because he wants to cut taxes even more for corporations and the wealthy.

MORE HERE

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Addicting Info- February 3, 2012

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A day after Mitt “Moneybags” Romney stated his lack of concern for the economically disadvantaged (an old school Republican touchstone), President Obama shot back by finally using the right-wing’s bullets against them.  Despite constantly being smeared as a secret Muslim, Barack Obama in fact subscribes to Christianity.  Today’s perverse version of Christianity typically refers to super rich, white proselytizers who flagrantly manipulate the pure teachings of Jesus and spew bilious hatred towards gays, women, single moms, blacks, and the poor and middle-class. It also tends to refer to making a bunch of bombs to kill a bunch of Middle Easterners so that some  defense contactor can continue to eat caviar.  So it’s only natural for thinking people to stay within 100 yards of it. But, much like everything else under the sun, the Republicans love co-opting it blatantly injecting it into politics in order to claim higher ground.

Former president Bush, a simple-minded lummox with virtually nothing to offer other than his ability to relate to even dumber people, understood that invoking Jesus’ name would guarantee universal support of his hawkish foreign policy no matter how severely flawed and unreasonable it may have been.  For that reason, I have been constantly saying that President Obama should put on his best decider face, hold a press conference on the white house lawn, and state that his good homeboy JC told him that he should return taxes on the highest earners to the levels during the Clinton era. But that’s not the style of the guy of the president who sings Al Green.

During the National Prayer Breakfast in D.C. that took place yesterday, the president revealed that his Christian (or Christ-like) faith heavily influenced his economic policies– including calling for the wealthy to pay more taxes and overhauling the healthcare system. He explained to the attendees that the nation’s challenges require smart policies coupled with a strong values system, and not of the philandering on your dying wife, or subscribing to anti-gay policies and making anti-gay rhetoric only to have secret gay sex variety.

It’s hard for me to ask seniors on a fixed income or young people with student loans or middle-class families who can barely pay the bills to shoulder the burden alone,’President Obama said.

“For me as a Christian, it also coincides with Jesus’s teaching that, for unto whom much is given, much shall be required,’ he added, referencing verse 48 of chapter 12 in the Gospel of Luke. “To answer the responsibility we’re given in Proverbs to speak up for those who cannot speak for themselves, for the rights of all who are destitute,” added Obama.

VIDEO & MORE HERE

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Senator Bernie Sanders on the Senate Floor Feb. 16, 2011

The Nation September 18, 2011

John Nichols

Declaring that “Social Security is the most successful government program in our nation’s history,” and decrying threats to Medicare and Medicaid that would punish Americans who did not cause the current economic crisis, Vermont Senator Bernie Sanders brought thousands of progressives from across the Midwest to their feet Saturday, as they cheered his message to President Obama and the Congressional “super-committee”: “We can deal with deficit reduction in a way that is fair and responsible.”

“Instead of balancing the budget on the backs of working families, the elderly, the children, the sick and the most vulnerable,” Sanders said, “it is time to ask the wealthiest people and most profitable corporations in this country to pay their fair share.”

In several speeches to crowds that numbered in the thousands who gathered for Fighting BobFest events in Madison, Wisconsin, Sanders continues to spell out the progressive economic agenda that argues against cuts in Social Security, Medicare and Medicaid to balance budgets and address deficits and for tax policies that end special breaks for the wealthy and multinational corporations that offshore jobs from the United States.

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MEANWHILE ON WALL STREET

       The whole world is watching.

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Obama on the Backs of the Poor

OpEdNews 8/3/11

By Ray McGovern

What are we to make of the Obama-brokered deal on debt and spending? It was certainly what the Germans call eine schwere Geburt (a difficult birth); it was one of the few times I would have favored abortion.

I am reminded of a sermon that Dr. Martin Luther King Jr. gave during the turbulent 1950s, in which he peered into the future and issued a prescient warning:

“A nation or a civilization that continues to produce soft-minded men purchases its own spiritual death on an installment plan.”

In promoting and then signing the so-called “deficit reduction” legislation, President Barack Obama has definitively confirmed that he stands in the ranks of those spiritual-death-dealing, “soft-minded” men about whom Dr. King warned so ominously.

In my view, even dyed-in-the-wool Obama supporters will now have to let the scales fall from their eyes. The new one-sided “compromise” so clearly promotes the interests of the wealthy over those of the poor that, in Biblical terms, it can readily be seen as a Goddamned deal.

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The Corporate State Wins Again

Posted on Apr 25, 2011

truthdig

By Chris Hedges

When did our democracy die? When did it irrevocably transform itself into a lifeless farce and absurd political theater? When did the press, labor, universities and the Democratic Party—which once made piecemeal and incremental reform possible—wither and atrophy? When did reform through electoral politics become a form of magical thinking? When did the dead hand of the corporate state become unassailable?
The body politic was mortally wounded during the long, slow strangulation of ideas and priorities during the Red Scare and the Cold War. Its bastard child, the war on terror, inherited the iconography and language of permanent war and fear. The battle against internal and external enemies became the excuse to funnel trillions in taxpayer funds and government resources to the war industry, curtail civil liberties and abandon social welfare. Skeptics, critics and dissenters were ridiculed and ignored. The FBI, Homeland Security and the CIA enforced ideological conformity. Debate over the expansion of empire became taboo. Secrecy, the anointing of specialized elites to run our affairs and the steady intrusion of the state into the private lives of citizens conditioned us to totalitarian practices. Sheldon Wolin points out in “Democracy Incorporated” that this configuration of corporate power, which he calls “inverted totalitarianism,” is not like “Mein Kampf” or “The Communist Manifesto,” the result of a premeditated plot. It grew, Wolin writes, from “a set of effects produced by actions or practices undertaken in ignorance of their lasting consequences.” 
Corporate capitalism—because it was trumpeted throughout the Cold War as a bulwark against communism—expanded with fewer and fewer government regulations and legal impediments. Capitalism was seen as an unalloyed good. It was not required to be socially responsible. Any impediment to its growth, whether in the form of trust-busting, union activity or regulation, was condemned as a step toward socialism and capitulation. Every corporation is a despotic fiefdom, a mini-dictatorship. And by the end Wal-Mart, Exxon Mobil and Goldman Sachs had grafted their totalitarian structures onto the state.
The Cold War also bequeathed to us the species of the neoliberal. The neoliberal enthusiastically embraces “national security” as the highest good.  The neoliberal—composed of the gullible and cynical careerists—parrots back the mantra of endless war and corporate capitalism as an inevitable form of human progress. Globalization, the neoliberal assures us, is the route to a worldwide utopia. Empire and war are vehicles for lofty human values. Greg Mortenson, the disgraced author of “Three Cups of Tea,” tapped into this formula. The deaths of hundreds of thousands of innocents in Iraq or Afghanistan are ignored or dismissed as the cost of progress. We are bringing democracy to Iraq, liberating the women of Afghanistan, defying the evil clerics in Iran, ridding the world of terrorists and protecting Israel. Those who oppose us do not have legitimate grievances. They need to be educated. It is a fantasy. But to name our own evil is to be banished. 
We continue to talk about personalities—Ronald Reagan, Bill Clinton, George W. Bush and Barack Obama—although the heads of state or elected officials in Congress have become largely irrelevant. Lobbyists write the bills. Lobbyists get them passed. Lobbyists make sure you get the money to be elected. And lobbyists employ you when you get out of office. Those who hold actual power are the tiny elite who manage the corporations. Jacob S. Hacker and Paul Pierson, in their book “Winner-Take-All Politics,” point out that the share of national income of the top 0.1 percent of Americans since 1974 has grown from 2.7 to 12.3 percent. One in six American workers may be without a job. Some 40 million Americans may live in poverty, with tens of millions more living in a category called “near poverty.” Six million people may be forced from their homes because of foreclosures and bank repossessions. But while the masses suffer, Goldman Sachs, one of the financial firms most responsible for the evaporation of $17 trillion in wages, savings and wealth of small investors and shareholders, is giddily handing out $17.5 billion in compensation to its managers, including $12.6 million to its CEO, Lloyd Blankfein.

Read article on truthdig

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Politicking in the Mos Eisley Cantina

Monday 25 April 2011
by: Davidson Loehr, Truthout

Our economic and political mess became more clear once I realized that most of the important political deals take place in the Mos Eisley Cantina. You know the scene from the first “Star Wars” movie in 1977: a dark, smoky bar located somewhere in a twilight zone: a liminal and lawless hideout where the ethically reprehensible is the norm.

We know our elected officials don’t do their political work up in the daylight of our world, because none of the big ticket laws they pass have anything to do with what the majority of our citizens want. There are differences between the two political parties, but they’re differences of degree, not kind. How can it be that the people we elected to serve us routinely sell us out to the highest bidders?

The majority of US citizens are against our illegal invasions of Iraq, Afghanistan, and our bombing of Libya to remove Qaddafi, the brutal dictator we have coddled for decades. And a majority of our citizens would also be against our other four military operations – in Yemen, Pakistan, the Horn of Africa and Columbia – if they knew about them. Most of us were not fooled when President Obama said he unilaterally authorized bombing Libya because his heart bled for the half million citizens Qaddafi will probably kill – though for the past week, it seems we’ve stopped caring. If our hearts really bled that easily for the slaughter of innocents, why didn’t we invade countries that had no oil? And if we think the death of a half million innocents is repugnant enough to demand preventative action, what about President Clinton’s sanctions against Iraq, which caused the deaths of half a million Iraqi children? When asked on US television if she [Madeline Albright, US secretary of state] thought that the death of 500,000 Iraqi children from sanctions in Iraq was a price worth paying, Albright replied: “This is a very hard choice, but we think the price is worth it.” (See here.)

The majority of our citizens want our soldiers brought home now. As John Kerry said to our House Foreign Relations Committee in 1970 about the ongoing Vietnam War: “How do you ask someone to be the last person to die for a mistake?” Today’s answer seems to be that members of Congress do it without much genuine emotion, because wars – whether right or wrong – are immensely profitable for some of the corporations whose lobbyists woo our representatives in dark places. And few if any of their children are going to be in those wars.

MORE HERE

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One of the most often-overheard refrains from the Republican Party and its far-right base is that President Obama is the worst president in American history. Others say he “pals around with terrorists.” They say he’s destroying America. They say that he’s weak, that he dithers and that he’s effete — implying either that he’s gay or effeminate or both. Around half of all Republicans have told pollsters that he’s not even constitutionally eligible to be president, which ought to mandate an immediate removal from office.

But what does all of this say about the men and women who are noticeably hesitant to officially announce their candidacies for the Republican nomination? Not a single one of the well-known frontrunners has declared anything more than “exploratory committees” — quite literally the presidential campaign equivalent of dithering.

At this juncture in the 2008 cycle, most of the major Democratic and Republican candidates were underway with their official campaigns. And yet…

Michele Bachmann, a would-be frontrunner, called the president “even worse” than President Carter. She accused him of being “infantile” and suggested he wouldn’t even run for a second term because the “floor has dropped out” from his support. However, tough-talking Michele Bachmann hasn’t officially declared her candidacy to run against this allegedly unpopular weakling.

Mitt Romney said that his “worst fears” about the president have come true and that the chief executive is pushing an “extreme liberal agenda.” Romney also accused the president of being “tentative, indecisive, timid and nuanced” on Libya. However, tough-talking Mitt Romney hasn’t officially declared his candidacy to run against such a timid and indecisive extremist. How would Mitt react when confronted by actual extremists? Hopefully not with the same timidity he’s exercising in his run for president.

Sarah Palin has screeched nearly every imaginable insult at the president (often while she’s utterly botching commonly-known facts about the Constitution). She accused him of “dithering” on Libya. He’s a “spectator-in-chief,” she said. She’s accused him of being a socialist. She told Sean Hannity that she “fears for our democracy” due to the president’s agenda. She’s famously accused him of being a terrorist sympathizer — this alone ought to compel her to run for president if only to rid the executive branch of an obvious terrorist. However, pit bull Sarah Palin appears to be “dithering” when it comes to her campaign to run against this alleged terrorist, socialist ditherer.

(more…)

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