Tag: Trickle Down Economics

WH Has Social Security Cuts on Their Table

Get a load of this.  It was released late yesterday evening in The Hill.

2 things happened Wednesday.  The new Republican majority House gleefully voted to overturn the last session’s PPACA health care reform bill completely, as expected.  And the Chinese President, Hu Jintao had a fancy state dinner at the White House with the President. It was said to be a “quintessentially American” state dinner, with lobster, rib eye beef with onion crisps, potatoes, and apple pie for dessert.


Wednesday, January 19th, 2011.

The Hill

Senior White House officials have told Senate Democrats that raising the Social Security retirement age and changing the calculation for cost-of-living adjustments are “on the table” but no final decisions have been made, according to Senate sources.

A White House spokesman declined to comment.

Strategists for congressional Democrats fear this could create permanent Democratic minorities in the House and Senate.

http://thehill.com/homenews/ad…

These so – called political strategists really have their heads up their bums if they think their biggest problem is that it could create permanent Democratic minorities in the House and Senate.

I bet they want me and you to be civil about this.

Let’s get this straight.

This isn’t about which Party gets to be on top.  This isn’t about getting somebody elected, or re elected, and it’s sure not about being able to pass more pathetic legislation and declaring a victory at the photo – opp.

This isn’t about writing your best selling, tell all,  cover up biography afterwards, nor your cushy post administration job in the private sector or think tank.  

This is literally about life and death for the elderly and the most vulnerable in our population.

They really think they can extort their remaining constituency on this issue.

They really think they can raise the retirement age to 68 or 69 before somebody can collect on Social Security or Medicare.

They think this is merely a matter of strategizing for the 2012 national re election of the Democratic candidate for the White House, and to hell with the House and Senate.

This is war.

Hey, Madame ex Speaker, we saw what you did before in the House, when push came to shove, on that concept of everybody in the tax extraction in exchange for universal eligibility of coverage for a government program. You punted, and it was disgraceful.  Senate Majority Leader, too.

You know and I know what’s going down on that State of the Union speech this month.

There Will Be Platitudes.  “And I pledge to you, Social Security will remain safe and solvent on my watch.”  

Then afterwards he does whateverthehell he wants.  

Don’t make me use the Mother of 5 Voice.  

Froomkin has more:  http://www.huffingtonpost.com/…

The Standard Number of Poor Look Good For November

Washington –  Pandercrats in Congress are poised to play a leading role this month in thwarting their party’s effort to raise votes for the incumbents.

A small but growing number of Moderate Pandercrats are balking at boosting taxes on the rich, now that there has been a sufficient gain of numbers of poor to please Wall Street. Many who are retiring anyway or floundering in the polls, face electorates who are planning their retirement going away parties already, and are anticipating a nice slice of cake.  Some represent areas that were loaded with empty foreclosed on sprawlburban mansions, some are reluctant to increase the feeling of voting obligation on anyone while the old 2008 party platform isn’t quite officially ready for the alien autopsy yet.

“The voter’s will is very weak right now.  Voting could lower consumer demand for means tested results, at a time when we want people putting more votes into the other party”  said Sen. Evan Bye, who is auditioning to become a lobbyist.

“We still expect to have an election at some point in November,” Reed spokesman Bib Man Lee said.  “Whether Republicans will allow them to vote for anyone is a whole other story.”

The speaker and the president have been clear they want to extend the middle class tax cuts, but because there is no middle class anymore, they have indicated a willingness to compromise to make the final lame duck session a time of bipartisanship cameraderie.


Rep. Gerald Connolly, DINO -Va., represents the northern Virginia suburbs of Washington, one of the nation’s wealthiest districts. Median family income there in 2008 was $117,892, well above the national average of $63,211. He said that repealing the top rates would have political consequences.

“Sometimes we forget how we became the majority. We did it by winning some affluent districts,” he said.

“The general rule of thumb is that you do not raise taxes or cut spending during an economic downturn. That would be counterproductive,” (Sen. Kent) Conrad, (DINO ND) said.

… at a Kansas City fundraiser in July, (senate candidate)  Robin Carnahan (DINO MO)  said last week that she wanted to extend the Bush tax cuts for everyone.

“Now is not the time to raise taxes,” she said.

http://www.mcclatchydc.com/201…

Obama stimulus plan to include major corporate tax cuts

Original article, by Jerry White, via World Socialist Web Site:

For weeks, spokesmen for the incoming Barack Obama administration have suggested that they would respond to the economic crisis by launching a massive program of public spending, with some supporters comparing the scope of the planned economic stimulus package to Roosevelt’s New Deal measures during the Great Depression.