| "Only dull people are brilliant at breakfast" -Oscar Wilde |
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"The liberal soul shall be made fat, and he that watereth, shall be watered also himself." -- Proverbs 11:25 |
Labels: 2012 election, Barack Obama, feminism, music, video, women, Women's bodies
Labels: And people want this lunatic to be president?, Barack Obama, Mitt Romney Is A Sleazy Liar, national security
Well, I don't actually make the decision the Supreme Court makes and so they'll have to make their own decision. But, for instance, I'll reverse the president's decision on using U.S. funds to pay for abortion outside this country. I don't think also the taxpayers here should have to pay for abortion in this country.
Those things I think are consistent with my pro-life position. And I hope to appoint justices for the Supreme Court that will follow the law and the constitution. And it would be my preference that they reverse Roe V. Wade and therefore they return to the people and their elected representatives the decisions with regards to this important issue.
Labels: abortion, Barack Obama, individual freedoms, reproductive rights, Roe v. Wade, Supreme Court
President Obama will ask Congress to scrub the corporate tax code of dozens of loopholes and subsidies to reduce the top rate to 28 percent, down from 35 percent, while giving preferences to manufacturers that would set their maximum effective rate at 25 percent, a senior administration official said on Tuesday.
[snip]
The administration plan to revamp a corporate code that is widely derided as inefficient and anticompetitive has been in the works at Treasury for two years, and is a priority of Mr. Geithner. Yet he has been preoccupied with crisis management, and is unlikely to see the project through since he plans to leave office after this year.
The proposed overhaul “will help level the playing field for businesses and allow the government to collect needed revenue while promoting economic growth,” Mr. Geithner told a Congressional committee last week, without details.
Republicans and business groups complain that the 35 percent corporate tax rate is among the highest in the world, leaving American companies at a competitive disadvantage. They typically seek a 25 percent rate, with many of them saying that the current tax breaks should be kept in place as well.
Nonpartisan tax analysts consistently find that corporations here on average pay just slightly more than their competitors in other developed countries after exploiting the many tax breaks and loopholes. Recent news accounts have highlighted the low effective rates paid by companies like Google, Boeing and General Electric.
One analysis concluded that 115 of the 500 companies in the Standard and Poor’s stock index paid a total corporate tax rate — federal and otherwise — of less than 20 percent over a five-year period. A study by the Government Accountability Office in 2008 found that 55 percent of American companies paid no federal income taxes during at least one year in a seven-year period it studied.
“Under the current tax system, the United States will soon have the highest statutory corporate tax rate among developed countries, within a system that features a large number of tax expenditures for special interests,” said a senior administration official, who did not want to speak ahead of Mr. Geithner except on condition of anonymity.
“This puts American businesses — especially those in areas like manufacturing that are subject to more intense international competition — at a disadvantage. And this system is also unnecessarily complicated for America’s small businesses.”
The problem is that not all small businesses are created equal. Businesses just getting off the ground contribute most of the country's job growth, but older small businesses cut as many as they add.
Think Bill Gates and Paul Allen huddled together late nights developing Microsoft, not the corner liquor store.
"I don't want to pick on dry cleaners and restaurants and small manufacturing firms, but they're not a big source of job creation," says John Haltiwanger, an economist at the University of Maryland.
Politicians like to say that small companies create two of every three jobs in a given year. That's less impressive when you consider that almost all the 6 million companies in the U.S. — 99.9 percent of them — are small businesses, with fewer than 500 workers.
What's more, two-out-of-three masks the fact that most small businesses eliminate more jobs than they create in a given year, either through layoffs, closings or bankruptcy.
And many of the rest, the ones that don't shrink or shut down, don't offer much hope for the millions of Americans looking for jobs.
Many small companies — outfits like florists, hardware stores and barbershops — tend to grow with the U.S. population, not faster. So they don't speed the economic recovery the way an exploding new industry might.
According to an August study by two University of Chicago economists, most small business owners just want to be their own boss and never expect to hire more than a few employees.
In fact, the more you study the numbers, the more you wonder what the politicians are getting so excited about.
Haltiwanger and two other economists showed, in a study of millions of companies over 30 years, that small businesses no more than five years old — that's about 40 percent of them — are the only ones that create more jobs each year than they cut.
In 2005, for instance, more than 99 percent of the 2.5 million net new private-sector jobs in the United States came from these startups, according to the U.S. Census Bureau.
But the 60 percent of small businesses that have been around more than five years act as a slight drag on the number of jobs available in the United States. They have cut about 0.5 percent more staff than they have added in a typical year, according to Haltiwanger.
By contrast, big businesses, the ones that get all the headlines for layoffs, have hired more than they have cut — about 0.1 percent in a typical year.
Economist Charles Kenny of the New America Foundation, a nonpartisan research group, goes as far as suggesting that Washington should stop offering certain incentives to small business owners, such as loan guarantees and write-offs on taxes for home offices. He says the money would be better spent subsidizing research and development.
Labels: Barack Obama, corporatism, greed, spinelessness, taxes, wussy-ass Democrats
We are not a great people. Not in the way we treat ourselves in our politics, anyway. We are frightened. We lash out. We kick the country as though it were a lawnmower that won't start. In 2010, just as the president and his administration managed to lift their heads above the brim of the ditch in which their predeceesors had dumped the country, We, The People elected the most retrograde, brick-stupid, poo-flinging monkeyhouse of a House of Representatives in the history of the Republic.
That anger could have been channelled better. It could have been channelled in the direction of the right targets. (That will remain my ultimate verdict on the Occupy movement: at least they yell at the correct buildings.) Obama could have trusted the greatness of the American people to accept a program to seek justice for the nation for the crimes perpetrated against the political commonwealth by a corporate class that would sell the United States for parts as long as it could overbill the people who were buying it. (It was a thoroughgoing masterpiece of political ineptitude that his administration handed the volatile issue of corporate greed over to Dick Fking Armey, and the lunatics in the three-cornered hats.) He could have trusted the greatness of the American people far enough to expose the constitutional heresies of the previous administration, not perpetuate them in law. (That's the one thing on which he will never get a pass from me. His Department of Justice has gone to court on the wrong side of too damn many of his predecessor's constitutional atrocities. Well, that and hiring Geithner.) And, at the very least, he could have trusted the greatness of the American people to understand why he could only do so much because of the rules of the United States Senate, the petulant treachery of some of the cowards in his own party, the complete barking madness of so much of the other one, and, frankly, the ongoing suckerhood of the American people to act and vote against their own interests as long as somebody flashes something sparkly in front of them. Obama did none of this. The greatness of the American people is little more than a rhetorical trope, and not something of value that can be drawn upon — or relied upon — at times of crisis.
Labels: America Gone Mad, Barack Obama, bloggers, damn fine rantin'
In the Tea Party’s America, families must mortgage their home to pay for their mother’s end-of-life care. Higher education is a luxury reserved almost exclusively to the very rich. Rotten meat ships to supermarkets nationwide without a national agency to inspect it. Fathers compete with their adolescent children for sub-minimum wage jobs. And our national leaders are utterly powerless to do a thing.
At least, that’s what would happen if the Tea Party succeeds in its effort to reimagine the Constitution as an antigovernment manifesto. While the House of Representatives pushes Rep. Paul Ryan’s (R-WI) plan to phase out Medicare, numerous members of Congress, a least one Supreme Court justice, and the governor of America’s second-largest state now proudly declare that most of the progress of the last century violates the Constitution.
It is difficult to count how many essential laws would simply cease to exist if the Tea Party won its battle to reshape our founding document, but a short list includes:
Social Security and Medicare
Medicaid, children's health insurance, and other health care programs
All federal education programs
All federal antipoverty programs
Federal disaster relief
Federal food safety inspections and other food safety programs
Child labor laws, the minimum wage, overtime, and other labor protections
Federal civil rights laws
Indeed, as this paper explains, many state lawmakers even embrace a discredited constitutional doctrine that threatens the union itself.
What’s at stake
The Tea Party imagines a constitution focused entirely upon the Tenth Amendment, which provides that “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people”—which is why their narrow vision of the nation’s power is often referred to as “tentherism.” In layman’s terms, the Tenth Amendment is simply a reminder that the Constitution contains an itemized list of federal powers—such as the power to regulate interstate commerce or establish post offices or make war on foreign nations—and anything not contained in that list is beyond Congress’s authority.
Labels: Barack Obama, cluelessness, damned if you do and damned if you don't, Democratic sellouts, Rick Perry
Obama has invested so much time demonizing the Bush-era tax cuts for the rich that he has obscured the true narrative of his presidency. Class-war rhetoric aside, Obama is one of the most prolific tax cutters in recent history, with a record that puts him squarely alongside that of George W. Bush.
Crunching the numbers at the liberal think tank the Center for American Progress, analyst Michael Linden found that if one compares the cost of tax cuts in just the first four years of Bush’s term (2001–04) to the first four years of Obama's (2009–12), Obama’s tax cuts are bigger. The value of the Bush tax cuts were about $475 billion in those first four years, or about 1.1 percent of GDP. Obama’s total about $1 trillion, or 1.6 percent of GDP.
Obama has cut taxes to lower levels than Bush did, says Linden. This is because, of course, Obama thus far has extended all of the Bush tax cuts and then cut taxes on top of that. His original stimulus bill in 2009 had $290 billion in Making Work Pay tax cuts. His speech Thursday night before Congress advocated for another $175 billion in payroll tax cuts, which come on top of $110 billion from last December’s budget deal. Speeded-up expensing for business adds another $10 billion or so.
All in all, Obama is responsible for many billions in tax cuts, yet the popular perception is that he has raised taxes.
Labels: Barack Obama, taxes, wussy-ass Democrats
From the streets of Tehran to Cairo, it appears that the young Muslim generation does not want to withdraw from the modern world into a cultural and intellectual blind alley forever. They are too busy on Twitter.
Labels: 9/11, Barack Obama, Democratic sellouts, economic death watch, terrorism, the so-called war on terror
The Keystone XL pipeline, awaiting a thumbs up or down on a presidential permit, would increase the import of heavy oil from Canada's oil sands to the U.S. by as much as 510,000 barrels a day, if it gets built.
Proponents tout it as a boon to national security that would reduce America's dependence on oil from unfriendly regimes. Opponents say it would magnify an environmental nightmare at great cost and provide only the illusion of national benefit.
What's been left out of the ferocious debate over the pipeline, however, is the prospect that if president Obama allows a permit for the Keystone XL to be granted, he would be handing a big victory and great financial opportunity to Charles and David Koch, his bitterest political enemies and among the most powerful opponents of his clean economy agenda.
Labels: Barack Obama, Democratic sellouts, FUBAR, futility, R.I.P. America
In a surreal volley of letters, each released to the news media as soon as it was sent, Mr. Boehner rejected a request from the president to address a joint session of Congress next Wednesday at 8 p.m. — the same night that a Republican presidential debate is scheduled.
In an extraordinary turn, the House speaker fired back his own letter to the president saying, in a word, no. Might the president be able to reschedule for the following night, Sept. 8?
For several hours, the day turned into a very public game of chicken.
By late Wednesday night, though, the White House issued a statement saying that because Mr. Obama “is focused on the urgent need to create jobs and grow our economy,” he “welcomes the opportunity to address a joint session of Congress on Thursday, Sept. 8.”
The president had sent in the first volley with his request for a speech next Wednesday night, when Gov. Rick Perry of Texas is scheduled to debate his fellow would-be Republican presidential nominees for the first time.
“No, of course not,” the White House press secretary, Jay Carney, replied when a reporter asked if the timing of the president’s speech had been meant to play havoc with the Republican debate plans. He said that “one debate of many was no reason not to have a speech when we wanted to have it.”
Mr. Boehner was not budging.
“As the majority leader announced more than a month ago, the House will not be in session until Wednesday, Sept. 7, with votes at 6:30 that evening,” the speaker wrote. “With the significant amount of time, typically more than three hours, that is required to allow for a security sweep of the House chamber before receiving a president, it is my recommendation that your address be held on the following evening, when we can ensure there will be no parliamentary or logistical impediments that might detract from your remarks.”
Mr. Boehner did not specify what votes were scheduled for 6:30 that evening that could not be moved. The House calendar shows that members are expected to vote on the “suspension calendar,” generally minor bills like naming a post office.
Congressional historians said Mr. Boehner’s move was unprecedented.
“The Senate Historical Office knows of no instance in which Congress refused the president permission to speak before a joint session of Congress,” Betty K. Koed, associate historian with the Senate, said in an e-mail.
Perry panic has spread from the conference rooms of Washington, D.C., to the coffee shops of Brooklyn, with the realization that the conservative Texan could conceivably become the 45th president of the United States, a wave of alarm centering around Perry’s drawling, small-town affect and stands on core cultural issues such as women’s rights, gun control, the death penalty, and the separation of church and state.
“His entry in the race is a signal and a wake-up call,” the Rev. Al Sharpton told POLITICO.
Perry, Sharpton said, “is looking to go to the O.K. Corral and start shooting. … Rather than the left get caught sleeping, we better load up, because he is bringing it.”
For Democrats, the pre-Perry GOP primary process was hardly for the faint of heart, as the other candidates have jockeyed to show who dislikes Obama the most. But even as the primary is fought on conservative turf, liberal leaders say they and their constituents see Perry as far worse than your average, hated Republican, and indeed as bad — if not worse — than his hated predecessor in Austin, George W. Bush. And progressives who might have had a hard time getting worked up about Mitt Romney find themselves struggling for superlatives with which to express their fear of a President Perry.
Labels: American Oligarchy, Barack Obama, spinelessness, theocracy, We Are So Screwed, wussy-ass Democrats
Whites and women are a re-election problem for President Barack Obama. Younger voters and liberals, too, but to a lesser extent.
All are important Democratic constituencies that helped him win the White House in 2008 and whose support he'll need to keep it next year.
An analysis of Associated Press-GfK polls, including the latest survey released last week, shows that Obama has lost ground among all those groups since he took office. The review points to his vulnerabilities and probable leading targets of his campaign as he seeks to assemble a coalition diverse enough to help him win re-election in tough economic times.
White independent voters, who divided their support evenly between Obama and McCain in 2008, may be the president's biggest challenge now. Just 3 in 10 white independents say Obama deserves to be re-elected and only 41 percent say he understands the problems of people like them.
Obama didn't win the largest share of white voters in 2008, when they made up 74 percent of the electorate. Still, his inroads were enough to beat McCain.
Fifty-six percent of all whites approved of how he was doing his job in the first three months of his presidency. But that support has fallen, with only 36 percent now liking how he's doing his job, while 59 say Obama deserves to be voted out of office.
In 2008, Obama won the backing of most whites in the Northeast and was competitive in the Midwest and West, outperforming the previous two Democratic nominees. Now, majorities of whites in every region but the Northeast say he deserves to lose in 2012 and that he is not a strong leader.
The outlook is negative for Obama among white voters in the Midwest and West, regions where so many electoral votes are at stake.
More than 6 in 10 white voters who did not graduate say the president deserves to be voted from office, while 53 percent of white college graduates say as much.
Labels: Barack Obama, Democratic sellouts
Already, more than a thousand people have signed up to be arrested over two weeks beginning Aug. 20 — the biggest display of civil disobedience in the environmental movement in decades and one of the largest nonviolent direct actions since the World Trade Organization demonstrations in Seattle back before Sept. 11. (Among the first 500 to sign up, the biggest cohort was born in the Truman administration, followed closely by FDR babies and Eisenhower kids. These seniors contradict the stereotype of greedy geezers who care only about their own future.)
The issue is simple: We want the president to block construction of Keystone XL, a pipeline that would carry oil from the tar sands of northern Alberta down to the Gulf of Mexico. We have, not surprisingly, concerns about potential spills and environmental degradation from construction of the pipeline. But those tar sands are also the second-largest pool of carbon in the atmosphere, behind only the oil fields of Saudi Arabia. If we tap into them in a big way, NASA climatologist James Hansen explained in a paper issued this summer, the emissions would mean it’s “essentially game over” for the climate. That’s why the executive directors of many environmental groups and 20 of the country’s leading climate scientists wrote letters asking people to head to Washington for the demonstrations. In scientific terms, it’s as close to a no-brainer as you can get.
But in political terms it may turn out to be a defining moment of the Obama years.
That’s because, for once, the president will get to make an important call all by himself. He has to sign a certificate of national interest before the border-crossing pipeline can be built. Under the relevant statutes, Congress is not involved, so he doesn’t need to stand up to the global-warming deniers calling the shots in the House.
But the president does need to stand up to the fossil fuel industry, which has done its best to influence the decision. Since the State Department plays a role in recommending a decision, the main pipeline company helpfully hired the former national deputy director of Hillary Clinton’s 2008 presidential campaign as its lead lobbyist. WikiLeaks documents emerged recently showing U.S. envoys conspiring with the oil industry to win favorable media coverage for tar sands oil. If you were a cynic, you’d say the fix was in.
Still, the final call rests with Barack Obama, who said the night that he clinched the Democratic nomination in June 2008 that his ascension would mark “the moment when the rise of the oceans began to slow and our planet began to heal.” Now he gets a chance to prove that he meant it.
Police arrested 65 environmentalists outside the White House Saturday as they staged a demonstration urging President Obama to block a proposed pipeline that would bring oil from Canada’s oil sands projects to Gulf Coast refineries.
People arrested include Bill McKibben, the prominent climate activist and founder of 350.org; Jane Hamsher, who founded the popular liberal blog Firedoglake; and Gus Speth, whose career includes co-founding the Natural Resources Defense Council and chairing the White House Council on Environmental Quality in the Carter Administration.
Labels: Barack Obama, climate change, spinelessness, We Are So Screwed
It is not farfetched to believe that Barack Obama has spent pretty much his entire 50 years trying to make people who find him fearful comfortable. Even his white grandmother admitted to being nervous if an African American male approached her, an attitude that could not help but affect him in his impressionable years. Add to that someone who appears constitutionally conflict-averse (his pre-politician career as a community organizer was to get people to work together, not fight it out), and you have the makings of a person ill-suited for the divisive environment of Washington and the full-contact political battles that have to be fought.
And we've seen that tendency manifest itself as a politician who is always willing to bend over backwards to those who will not trust him, whether from their own innate racism or from their own personal agenda. There's no question that racism plays a much greater role than liberal white America may have wanted to acknowledge, although our minority friends and colleagues would probably say "duh!". One little moment of expressed irritation will give rise to literally hundreds of thousands of reports in the media and right wing blogs/publications/foundations of the angry black man. So rather than play to those disposed to give him the benefit of the doubt, Obama rather tries to win over those who will never do so.
Labels: Barack Obama, bloggers, Blogroll Amnesty Day
Labels: Barack Obama, Democratic sellouts, Social Security
The federal debt limit is a strange quirk of U.S. budget law: since debt is the consequence of decisions about taxing and spending, and Congress already makes those taxing and spending decisions, why require an additional vote on debt? And traditionally the debt limit has been treated as a minor detail. During the administration of former President George W. Bush — who added more than $4 trillion to the national debt — Congress, with little fanfare, voted to raise the debt ceiling no less than seven times.
So the use of the debt ceiling to extort political concessions is something new in American politics. And it seems to have come as a complete surprise to Mr. Obama.
Last December, after Mr. Obama agreed to extend the Bush tax cuts — a move that many people, myself included, viewed as in effect a concession to Republican blackmail — Marc Ambinder of The Atlantic asked why the deal hadn’t included a rise in the debt limit, so as to forestall another hostage situation (my words, not Mr. Ambinder’s).
The president’s response seemed clueless even then. He asserted that “nobody, Democrat or Republican, is willing to see the full faith and credit of the United States government collapse,” and that he was sure that John Boehner, as speaker of the House, would accept his “responsibilities to govern.”
Well, we’ve seen how that worked out.
Now, Mr. Obama was right about the dangers of failing to raise the debt limit. In fact, he understated the case, by focusing only on financial confidence.
Not that the confidence issue is trivial. Failure to raise the debt limit — which would, among other things, disrupt payments on existing debt — could convince investors that the United States is no longer a serious, responsible country, with nasty consequences. Furthermore, nobody knows what a U.S. default would do to the world financial system, which is built on the presumption that U.S. government debt is the ultimate safe asset.
But confidence isn’t the only thing at stake. Failure to raise the debt limit would also force the U.S. government to make drastic, immediate spending cuts, on a scale that would dwarf the austerity currently being imposed on Greece. And don’t believe the nonsense about the benefits of spending cuts that has taken over much of our public discourse: slashing spending at a time when the economy is deeply depressed would destroy hundreds of thousands and quite possibly millions of jobs.
So failure to reach a debt deal would have very bad consequences. But here’s the thing: Mr. Obama must be prepared to face those consequences if he wants his presidency to survive.
Bear in mind that G.O.P. leaders don’t actually care about the level of debt. Instead, they’re using the threat of a debt crisis to impose an ideological agenda. If you had any doubt about that, last week’s tantrum should have convinced you. Democrats engaged in debt negotiations argued that since we’re supposedly in dire fiscal straits, we should talk about limiting tax breaks for corporate jets and hedge-fund managers as well as slashing aid to the poor and unlucky. And Republicans, in response, walked out of the talks.
So what’s really going on is extortion pure and simple. As Mike Konczal of the Roosevelt Institute puts it, the G.O.P. has, in effect, come around with baseball bats and declared, “Nice economy you have here. A real shame if something happened to it.”
And the reason Republicans are doing this is because they must believe that it will work: Mr. Obama caved in over tax cuts, and they expect him to cave again. They believe that they have the upper hand, because the public will blame the president for the economic crisis they’re threatening to create. In fact, it’s hard to avoid the suspicion that G.O.P. leaders actually want the economy to perform badly.
A predominant characteristic, however, of those I call evil is scapegoating. Because they consider themselves beyond reproach, they must lash out at anyone who does reproach them. They sacrifice others to serve their self-image of perfection.
Since the evil, deep down, feel themselves to be faultless, it is inevitable that when they are in conflict with the world they will invariably perceive the conflict as the world's fault.
[...]
Evil, then, is most often committed in order to scapegoat...
Labels: Barack Obama, economic death watch, evil, wussy-ass Democrats
We are continuing this policy in bleeding America to the point of bankruptcy ... as for the economic deficit, it has reached astronomical numbers estimated to total more than a trillion dollars. The real loser is you. The American people and their economy.
As I sifted through the responses of my friends on social networks, I read comments like, “Great news. If only we hadn’t gotten off course with Iraq for so long.” Or things like, “Could have gotten him earlier if we hadn’t wasted our time in the illegal war in Iraq.”
All this made me realize just how disconnected I am from the killing of Bin Laden. The more I reflect upon it, the less I feel a part of it, and the less I feel that I was ever any part of our war against terrorism, in the public’s eye at least.
My war — the Iraq war — is being remembered as quite a different war than the “war on terror.” Its narrative, shaped by the media and the general public, breaks dramatically from that of the war in Afghanistan and the pursuit of terrorists around the globe. The Iraq war has become the “mistake war,” one so many critics feel we should have never been a part of.
I have come to realize that, regardless of my own personal beliefs and opinions, this is how the Iraq war will be remembered. And this brings me to question myself, my efforts and my own worth. How will our achievements and sacrifices in Iraq be remembered? Will all that I did while I served be nothing more than a mistake?
The more I travel and speak about my personal experiences, the more I feel the shifting cultural memory of this war. I’ve felt it devolve over time in those moments when I am thanked not for keeping us safe from terror, but rather shown appreciation mixed with pity for having had to fight in this “illegal”war.
I fear now that we soldiers will be remembered for being in the wrong war, fighting to bring the wrong man, Saddam Hussein, to justice. Consider the difference between the public reception of the killing of Bin Laden and the trial and execution of Hussein, a man responsible for the deaths of U.S. soldiers as well as years of oppression and systematic degradation of a land. The latter was met with questions and controversy. But the death of Bin Laden, a man who dared to bring horrific violence onto the shores of our country, has been met only with approval. Those differences are telling.
So, as much as I want to feel a part of this moment, to feel some sense that I contributed to it, I do not. As a veteran of the Iraq war, I do not feel entitled to any sort of meaningful connection to this achievement. Years of political and public criticism of the Iraq war has pushed me to believe that I did not fight terror, but rather a phantom.
Labels: Barack Obama, George W. Bush, Osama bin Laden, terrorism
Labels: "birthers", Barack Obama, White House Correspondent's Dinner
How should a progressive think about Obama? Just in the last few news cycles, several items scream for attention.
First this, the budget cave, Paul Krugman's observation ("Celebrating Defeat", my emphasis):Ezra Klein gets this right, I think; it’s one thing for Obama to decide that it was better to give in to Republican hostage-taking than draw a line in the sand; it’s another for him to celebrate the result. Yet that’s just what he did. ... It’s worth noting that this follows just a few months after another big concession, in which he gave in to Republican demands for tax cuts. The net effect of these two sets of concessions is, of course, a substantial increase in the deficit.
Cave Week 1 was the Lame Duck for the ages, in which Obama promised never to give in to the Bush tax cuts for the super-rich, then gave in. That blew a multi-trillion dollar hole in the long-term budget, which spending cuts are expected to fix.
Now we have Cave Week 2, Obama vs. the Teabags, in which the Teabags win big and Obama does a victory dance.
Next we find this, Obama vs. the Entitlements, a "major speech" on Wednesday, via Teagan Goddard (my emphasis again):President Obama plans to deliver "a major speech" on Wednesday laying out an aggressive plan for deficit reduction -- including reform of entitlements, such as Medicare, Medicaid and Social Security.
Cave Week 3? "Reform" of Social Security by Obama will mean the death of the Democratic Party, and yet Obama wants it bad.
Labels: Barack Obama, economic death watch, social Darwinism, We Are So Screwed
President Obama’s budget will propose cutting in half the program that helps low-income families and senior citizens and disabled pay their heating and air conditioning bills, according to U.S. Sen. Bob Menendez (D-N.J.), who signed a letter Friday urging the president to change his mind.
The cut would drop about 500,000 New Jersey residents from the Low Income Home Energy Assistance Program program that assisted nearly 1 million state residents last year, Menendez said in a statement released Friday.
"It defies common sense to shut off the heat to seniors and low-income families,’’ Menendez said. "Cutting these resources is colder than this winter. We need to get our fiscal house in order. But we should do it responsibly.’’
Labels: Barack Obama, Democratic sellouts, just another outrage
President Barack Obama's apparent willingness to consider cuts in Social Security benefits may be winning him points with Washington elites, but it's killing him with voters, who see the program as inviolate and may start to wonder what the Democratic Party stands for, if not for Social Security.
That's the conclusion of three top progressive pollsters who spoke to reporters Wednesday at a briefing sponsored by the Economic Policy Institute, the Century Foundation and Demos.
"For the public, cutting benefits is the problem, not the solution," said Guy Molyneux, a partner at Hart Research Associates.
As a result, the pollsters said that any Democrat seeking elected office in 2012 should be begging Obama not to say anything about Social Security cuts in his State of the Union address later this month.
A post-election poll by Celinda Lake's Lake Research Partners found that, by a margin of 3 percentage points, Americans now trust Republicans in Congress more than Democrats when it comes to Social Security -- surely the first time since the program became a signature issue for the Democratic Party in the 1930s.
The poll found confidence in Democrats on the issue dropping 14 points just since January 2007, accompanied by a 13-point increase for Republicans.
The public favors congressional Republicans over Obama on Social Security by an even larger 6-point margin. Obama's 26-percent rating is not only less than half Bill Clinton's (53 percent), it's even lower than that of George W. Bush (37 percent), whose proposal to privatize the program went down in flames.
Labels: Barack Obama, deregulation, DINOs, social Darwinism, Social Security
