New Cuts To Food Stamps Come At Worst Time

By: Tuesday November 5, 2013 11:35 am

While Congress obsesses over the imagined perils of rich bondholders – aka “the debt” – real Americans struggling to feed their families got another kick to the teeth this month. On November 1st the federal government rolled back food stamp benefits for all 47.6 million people who receive them. The 5.5% reduction in benefits will [...]

JP Morgan Gave $500,000 To Group Promoting Cuts To Social Security And Medicare

By: Monday August 26, 2013 9:26 am

According to JP Morgan’s own financial disclosure the Too Big To Fail bank has decided to use its massive wealth and power to promote cuts to entitlement programs for current and future senior citizens. The group “Fix The Debt Coalition” received $500,00 from JP Morgan. Despite the fact that JP Morgan received billions in bailout [...]

Gene Sperling, First Principles and the Fictional Straitjacket

By: Tuesday December 4, 2012 11:37 am

The Fix the Debt fraud of a campaign is having a roundtable summit in Washington today, because they have the money to bankroll that, and because politicians take to money like moths to a fire (hello, Mayor Antonio Villaraigosa!), the whole world of deficit scolds has taken the opportunity to deliver remarks. Protesters are actually [...]

Here Come the Fiscal Scolds Giving a Discredited Solution to a Problem of Their Own Invention

By: Thursday November 8, 2012 7:05 am

Here’s a decent look at the competing advice President Obama may be getting as he approaches the fiscal policy issues. On the one side, Joe Biden: “You guys have probably looked at the internals of the vote more than I have so far,” Biden said, according to a transcript provided by pool reporters. “But from [...]

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