Wall Street Astroturf Anti-Entitlement Group Going Broke

By: Thursday February 13, 2014 12:14 pm

Can you say irony? The fake “millennial” group funded by Wall Street called “The Can Kicks Back” which supports cutting Social Security and Medicare to solve the debt problems and bring “fiscal sanity” to the budget has gone bust. Yes, the group created and funded by Wall Street to protest in favor of austerity to [...]

Maintaining Nuclear Arsenal To Cost $355 Billion

By: Thursday December 26, 2013 8:23 am

As unemployment benefits are set to expire Saturday for 1.3 million Americans the Congressional Budget Office (CBO) has produced an estimate for the costs of maintaining and modernizing America’s doomsday weapons – $355 billion. In these times is there a more telling comparison? Over one million Americans are casually tossed into the pain of poverty [...]

President Obama Takes Responsibility For Obamacare Failures, Offers Controversial Fix

By: Friday November 15, 2013 5:55 am

In a press conference yesterday President Obama acknowledged the substantial problems with the healthcare.gov website and the loss of people’s insurance plans as “on me.” The admission comes shortly after a full apology for promising the American people they could keep their health insurance plans when Obama knew that would not be the case. “I [...]

Harry Reid Says No ‘Grand Bargain’ Coming, Van Hollen Remains Open

By: Friday October 25, 2013 5:59 am

Senate Majority Leader Harry Reid, speaking on Nevada Public Radio, let it be known that there is not going to be a “Grand Bargain”. While the Senate bill that ended the shutdown seemed to open the door for a deal that would cut Social Security and Medicare, Reid was adamant that was not going to [...]

Talks Begin On Debt Ceiling And Shutdown

By: Friday October 11, 2013 5:48 am

Yesterday House Republican leaders met with President Obama at the White House to begin discussing a deal on raising the debt ceiling and ending the government shutdown. The initial proposal by Speaker Boehner to grant a six-week extension on US borrowing authority was rejected by Obama. Apparently the ‘Grand Bargain’ is back. President Obama and [...]

Economic Confidence Craters As Shutdown, Income Stagnation, and Poverty Roil Americans

By: Tuesday October 8, 2013 10:32 am

We are now in day 8 of the federal shutdown and it seems Americans are rapidly losing faith that the powers that be can turn the economy around. Confidence in the economy has deteriorated more in the past week than in any week since Lehman Brothers collapsed on Sept. 15, 2008. And why not? Is [...]

Speaker Boehner Telling Colleagues ‘Grand Bargain’ Back In Play

By: Thursday October 3, 2013 5:55 am

The end result of the shutdown could be not only a victory for extortion tactics by the minority party, but also long lasting damage to the safety net with cuts to Social Security and Medicare. Speaker John Boehner is telling his Republican colleagues that negotiations are taking place behind the scenes on the so-called ‘Grand [...]

How Much Will Strikes On Syria Cost?

By: Friday September 6, 2013 8:26 am

While pinning down an exact number is difficult, especially as the target list is expanding, there are some initial projections on the potential costs of President Obama’s attack on Syria. The Congressional Research Service analysis puts the cost as high as $12 billion for a year’s operation citing estimates by General Dempsey, chair of the [...]

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 [...]

Congressional Democrats Pushing Back Against Obama’s Austerity Budget

By: Tuesday April 30, 2013 5:48 am

As the latest reports indicate that the U.S. economy is slowing down and the intellectual foundation for austerity economics has been discredited, Congressional Democrats are pushing back against President Obama’s austerity budget. Democrats in the Senate and even more in the House no longer see the logic in austerity cuts to social programs such as [...]

The ‘Very Serious People’ Are Very Silly About Plans To Cut Social Security and Medicare

By: Monday April 15, 2013 5:57 am

The Very Serious People are at it again. In the never ending quest to find some explanation, any explanation, for political action that does not reference the reality of class in America the Very Serious People have a new narrative on why the Obama Administration is attacking seniors, the permanently disabled, and orphans. Despite the [...]

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