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Hot Link ... 51 Ways to Support our Commons
Commentary
7-12-2011 Excerpt from NYT Editorial ... Republicans always
planned to “blame” Mr. Obama for the debt ceiling increase, even
if there was a deal. The House speaker, John Boehner, said
Tuesday that the debt ceiling was the president’s problem, as if
Mr. Obama alone had cut taxes, started wars, expanded Medicare
and bailed out Wall Street. Republicans are no less complicit in
running up the nation’s borrowing; they simply do not want to
pay the bills now that they have come due.
Twice in the last few weeks, Republicans have walked away from
proposals that would have cut trillions from federal spending,
including entitlement programs, because Democrats insisted
there could be no widespread cutting without tax revenue
increases. Although some conservatives and presidential
candidates are already accusing Mr. McConnell of surrendering,
he and others in the party’s leadership apparently decided that
charge would be easier to bear than raising taxes. That’s
especially true now that the White House is warning that a
default could halt Social Security checks.
All Mr. McConnell wants is the ability to yoke the debt increase
to Mr. Obama, and his offer gives him two extra chances to do so.
He hopes the maneuver will help his party win back the Senate
and the White House, which remains a long shot. But at least he is
no longer holding the economy hostage to his goals. It is now
time for the House to reach a similar conclusion.
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Commentary
7-12-2011 Author unknown ... George Bush gave the rich a
temporary tax break to create jobs and they did...overseas! Tax
dodging corporations and obscene CEO salaries and bonuses
have been the norm while the middle class has continued to
collapse, jobs are non-existent and the banks have taken away
millions of homes putting working Americans on the street.
Now that it is time for the tax break to end the Republican
Congress is calling it a ‘tax increase’ stating that lazy people
(Democrats) want to live off of other people’s (Republicans)
money!
How can the inhabitants of the ivory towers think they can
continue to exist without a strong foundation? Obscene does not
adequately describe the arrogance of those who are fortunate
enough to have the resources for their every whim and need and
who think they work harder than the people who poured the
concrete foundation for their opulence.
Speak up to end corporate welfare and keep hands off Social
Security, Medicare and Medicaid. Please sign petition:
http://www.facebook.
com/l/gAQBKmrMGAQDg37GegfTCiNzwrN0cIAEOpTSC9CQ5q0tNaQ/www.
pdamerica.org/forms/sign/save-one-trillion-dollars-in-ten
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7-01-2011 - Thom Hartman ... Want to know why House
Majority Leader Eric Cantor REALLY walked away from debt-
limit negotiations last week?
According to a report by Thom Hartman, it was because he has a
financial stake in our nation defaulting on its debt.
According to Cantor’s latest financial disclosures – he has a
$15,000 short on the dollar – in other words, a $15,000 bet that
the US dollar’s value will plummet. And there’s no better way to
cause the dollar to lose value – than to ensure America defaults
on its debt.
Cantor’s office dismissed concerns over what appears to be a
blatant conflict of interest – arguing that the short bet is just part
of a “balanced portfolio.”
I’ve been saying Republicans want to crash the economy to
make President Obama look bad in 2012 – but it appears they
also want to crash the economy to pad their own bank accounts
as well
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