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Oct 1
by arendt at Daily Kos
Dec 14, 2010
I don’t have any war record, but I had some Madison Avenue hacks craft me a bunch of empty patriotic speeches to bamboozle you. I don’t have a lifelong record of actually doing things for this country; but I do have a carefully managed public image of that. Don’t you mind that its basis in documentation is thin enough for conspiracy theorists like Wayne Madsen to find enough embarrassing factoids to accuse me of being a CIA plant. (Its oh-so-convenient that this “birther” crap poisons the well for anyone doing genuine investigative journalism. That’s why I pay Madision Ave the big bucks.) (Image)
Like Hindenburg, I am a creature of the Establishment. I am right wing, “pragmatic”, and quite willing to sell out working people to an entrenched military establishment.
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By Michael Collins
SOCIAL SECURITY THREAT: This is a big week for the decline and fall of our society. It’s not like we’ve bet the ranch on the Senate vote on the Obama tax compromise/cave in. But the proposal may be the beginning of the end of Social Security as we were promised it. Obama made a deal for a one year tax holiday on the employee contribution to Social Security. It will go from 6.2% to 4.2% for a year. Supposedly, it will be restored in 2011. Since even Republican Senators (Corker-TN and Johanns-NE) are warning that this is a huge risk, let’s assume that the Republican majority behaves as it did on the Bush era “temporary” tax cuts. Read the rest of this entry »
On Monday, December 13, the US Senate will vote on a bill that represents the destruction of Social Security. The measure reduces the employee payroll tax by 33% (from 6.2 to 4.2%). Social Security is in good shape right now but this reduction will starve the Trust Fund and give the excuse to say – “Look, it’s broke. We have to privatize it.”
Save Social Security – call or write your US Senators and tell them to vote no on reducing funding for Social Security – period. No compromises at all.
Please forward this with full permission of the author.
(Washington, Dec 10) Bill Clinton showed up at the White House for an “impromptu” press conference to discuss the president’s tax compromise with the Republicans. Clinton disclosed that “I make a lot of money now” and, as a result, he would benefit from the program. Then he endorsed the compromise calling it the best deal Obama could make. Clinton was particularly high on the Social Security payroll tax reduction. “According to all economic analysis, [this is] the single most effective tax cut you can do to support economic activity. This will actually create a fair number of jobs. I expect it to lower the unemployment rate and keep us going.” (Image)
Across town, United States Senator Bernie Sanders was telling the simple truth that Obama and Clinton avoided. Reducing the Social Security payroll tax from 6.2% to 4.2% as a one year tax holiday presumes that the normal rates will be restored at the end of the one year period. Who would restore those rates? The very same party that passed the Bush ten year “temporary” income tax reductions. That same party, the Republicans, now claims that ending the Bush temporary tax cuts represents the greatest tax increase ever. Just as they forgot that those tax cuts were temporary, the new Republican majority will forget the payroll cuts were temporary. Senators Bob Corker (R-TN) and Mike Johanns (R-NE) agree that ending the tax holiday will be portrayed as a tax increase. Read the rest of this entry »
(Washington, Dec 10) Bill Clinton showed up at the White House for an “impromptu” press conference to discuss the president’s tax compromise with the Republicans. Clinton disclosed that “I make a lot of money now” and, as a result, he would benefit from the program. Then he endorsed the compromise calling it the best deal Obama could make. Clinton was particularly high on the Social Security payroll tax reduction. “According to all economic analysis, [this is] the single most effective tax cut you can do to support economic activity. This will actually create a fair number of jobs. I expect it to lower the unemployment rate and keep us going.” (Image)
Across town, United States Senator Bernie Sanders was telling the simple truth that Obama and Clinton avoided. Reducing the Social Security payroll tax from 6.2% to 4.2% as a one year tax holiday presumes that the normal rates will be restored at the end of the one year period. Who would restore those rates? The very same party that passed the Bush ten year “temporary” income tax reductions. That same party, the Republicans, now claims that ending the Bush temporary tax cuts represents the greatest tax increase ever. Just as they forgot that those tax cuts were temporary, the new Republican majority will forget the payroll cuts were temporary. Senators Bob Corker (R-TN) and Mike Johanns (R-NE) agree that ending the tax holiday will be portrayed as a tax increase. Read the rest of this entry »
Go-sipr Leaks by Nemo
Dec 10
By Nemo
It became clear that China has serious psychic problems when the Nobel committee did their thing with the Peace Prize. Instead of starting a round of jokes like, “Hey, everybody calm down, its only a year since Obama got the same prize” or “Well, he’s in really good company now isn’t he, and run off the list of peace prize villains” they flipped their Grecian formula (Asian knock off) wigs.
They could have tried ”we’ve been waiting for one of 1.5 billion Chinese to get an economics prize, looks like more patience is called for”. Or maybe they could have leaked out some of the more racist stuff that undoubtedly exists about the cohorts of the mainly older white males who qualify for the prizes allocated by Scandinavian royals through the institutions they head.
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Still, Democrats are telling us they’re not only unhappy with the president for breaking a promise that he and others made not to extend Bush-era tax cuts for wealthier Americans, they’re also expressing concern about the overall cost of the plan and its impact on the deficit.
“I still seem puzzled at the president’s enthusiasm, and the Republicans, giving an income tax break for people making over $1 million. We’re borrowing $46 billion to do so,” said Sen. Mary Landrieu, D-Louisiana, a moderate Democrat.
Landrieu also chastised the president for dealing with Republicans without adequately consulting his fellow Democrats, and said she’s worried this is the way the next two years will be.
“He’s enthusiastic about this new arrangement dealing with the Republican caucus that stated, according to their leader, their number one objective is to unseat him. I can understand trying to appeal to independent voters. I do that myself. I think it’s very important. But this sort of enthusiasm for caucusing with Republicans – and he didn’t even, literally, didn’t even speak to the Democratic caucus. Not any of it. Not the liberal group, not the moderate group, not the conservative group,” said Landrieu.
Senate Democrats Openly Upset with Tax Cut Deal
