Talk to anyone on the Republican side of the aisle this election cycle, and you will hear one thing over and over (and over, and over….) Namely, you’ll hear how “out-of-control” spending is killing the country’s economy and that it’s all Obama’s fault. This plays into the two great dreams of the Republican Party: 1) [...]
“The patient is sicker so we have to apply more leeches.” Countries that are trying to fix deficits with spending cuts are finding out that taking money out of their economies by cutting government is slowing their economies. Duh! Imagine that! So instead of cutting deficits the resulting slowdowns are making their deficits worse as [...]
Just ten years ago this country was running huge surpluses and paying off its debt. But then we elected Obama and all hell broke loose. Oh, wait…
Between the time ten years ago when we had big surpluses and were paying off the debt and now when we are told the [...]
The House is voting on a “clean” debt ceiling bill today — a bill to raise the debt ceiling without any “hostage-taking” conditions. This is the right thing to do for the country and every Democrat should vote for this. Voting for a clean bill will draw the contrast for the public between those who [...]
The Economist notes the irony of the GOP’s abomination of a budget plan being called “serious” and “courageous” while a truly brave proposal that would actually, you know, decrease the size of the national debt is largely ignored.
First, a quote from Matt Miller: “Mr Miller’s column notes that ‘the Congressional Progressive Caucus [...]
(cross posted from Daily Kos: http://www.dailykos.com/story/2011/04/12/966317/-GOPs-Roadmap-to-Ruin)
Sorry…no soup…no pooties…not in this diary…not today… not with so much on the line this week. I’m going to attempt to be serious here and I hope you’ll agree with me on the bottom line: if we truly want the Congressional Progressive Caucus to stand up for [...]
Exactly how much does our federal government spend to fund National Public Radio? And how does that compare to other things we spend money on? And how is the federal budget like a hairy dog?
Yesterday, on the Ed Show, Ed Schultz did a segment on Georgia’s plan to raise taxes on Girl Scout cookies, at the same time as cutting corporate taxes. It’s not just Girl Scout cookies, of course, as it impacts sales taxes generally, and as Ed remarked, such taxes fall heaviest on low [...]
Make no mistake – the demonization of public workers is just the latest in a long series of distractions by the right wing and economic elite as they pick the pockets of the “other 95% of Americans”. This coordinated approach is nothing new, but the agenda of wealth theft is taking on a new form [...]
What is the real agenda of the budget-cutters? Are they really trying to bring the country back from the edge of financial ruin? Or did they bring about the appearance of a borrowing crisis to create a public panic that enables them to impose “solutions” that change the very nature of our country — while [...]
"The world is a rigged game"
Matt Taibbi at Rolling Stone: “Word has leaked out that the London-based firm ICAP, the world’s largest broker of interest-rate swaps, is being investigated by American authorities for behavior that sounds eerily reminiscent of the Libor mess. Regulators are looking into whether or not a small group of brokers at ICAP may have worked with up to 15 of the world’s largest banks to manipulate ISDAfix, a benchmark number used around the world to calculate the prices of interest-rate swaps.”
On winning and values
So, right-wingers, you want a society where families are stable, where everybody looks like you and shares your Christian faith, and where the government pretty much stays out of your business? It’s not in some Randian fantasy, it’s right here in the USA.
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