Yesterday, as reported in Money News, Moody’s made me laugh, with the following pronouncements: ” . . . it could move a step closer to cutting the U.S. Aaa rating if President Barack Obama’s tax and unemployment benefit package becomes law. . . . “The plan agreed to by Obama and Republican leaders last week […]
Moody’s: Bring It On!
December 15th, 2010 · Comments Off on Moody’s: Bring It On!
Tags: Politics
The National Debt Is Congress’s Fault!
December 15th, 2010 · Comments Off on The National Debt Is Congress’s Fault!
I’m sick and tired of hearing progressive icons like Bernie Sanders, Keith Olbermann, Ed Schultz, and many, many others, talking about the evil of leaving an enormous national debt, now at $13 Trillion plus to our Grandchildren. And I’m especially tired of hearing Congresspeople and Senators complaining about this. The reason why I’m tried of […]
Tags: Politics
Tweeting the Fear Card
September 6th, 2010 · Comments Off on Tweeting the Fear Card
The last couple of weeks, I’ve been seriously tweeting, building a following and my tweeting activity. In the process, I’ve come across a number of people who are simply tweeting D-party talking points. The chief among these is a variety of versions of the fear card. The formula is “if you don’t like X, then […]
Tags: Politics
Which Party Poses the Real Risk to Social Security’s Future?
August 17th, 2010 · Comments Off on Which Party Poses the Real Risk to Social Security’s Future?
By Marshall Auerback Hint: it’s not Republicans. Social Security remains one of the greatest achievements of the Democratic Party since its creation 75 years ago. Although Republicans have historically fulminated against the program (Ronald Reagan once likened it as something akin to “socialism”), they have actually made little headway in touching this sacred “third rail” […]
Tags: Politics
Kotlikoff’s Folly and the IMF’s Too
August 14th, 2010 · Comments Off on Kotlikoff’s Folly and the IMF’s Too
Laurence Kotlikoff has been making waves by using “inter-generational accounting” and CBO and IMF data, to compute a fiscal gap of $202 Trillion in present value. He concludes that this gap shows that the US is “bankrupt” as of now. Evidently, publications like Bloomberg take this sort of thing seriously since they publish it. But […]
Tags: Politics
Declare War On the Dems: Make The President Dismiss the Catfood Commission
August 12th, 2010 · Comments Off on Declare War On the Dems: Make The President Dismiss the Catfood Commission
I urge all Real Democrats to declare war on the Democratic Party and this Administration by — refusing all appeals for financial contributions to Democratic candidates, — refusing to do any work at all for the Party, — refusing to go to Party functions, — going to meetings held by Congresspersons and Senators and — […]
Tags: Politics
Talking to Grandma About Fiscal Sustainability
April 21st, 2010 · Comments Off on Talking to Grandma About Fiscal Sustainability
[Give BDBlue some comment love at OL! –lambert] My friend Ralph writes about the fiscal sustainability issue: Real. Simple (but accurate). Language. Why should people be scared about the Peterson agenda? What are they trying to distract the public’s attention from? What do the American people deserve from their government’s economic policy? Why is this […]
Tags: Politics
Margaret Flowers and Carol Paris
February 7th, 2010 · Comments Off on Margaret Flowers and Carol Paris
In spite of the fact that there is much evidence to suggest that it is favored by a majority of Americans, enhanced Medicare for All, Single Payer has been shut out of the mainstream legislative process by Barack Obama, Rahm Emanuel, Max Baucus, Congressional Leaders and a coalition of “Liberal”/”Progressive” organizations and media who either […]
Tags: Politics
Do We Expect Too Much From the President? A Reply To Bill Egnor
October 4th, 2009 · 3 Comments
Bill Egnor blogs about whether or not we’ve been expecting too much from President Obama. He says: “If you look at the Presidency from the point of view of the Constitution, it really is not a powerful office except in terms of what it prevents. It is really and primarily a check on the powers […]
Tags: Politics
Freedom and Tyranny in Health Care: 1984 in 2009
September 18th, 2009 · Comments Off on Freedom and Tyranny in Health Care: 1984 in 2009
It’s popular to appeal to the idea of free choice when defending one’s position on health insurance reform. President Obama says that he wants to give people the freedom to choose a public option or some other form of affordable insurance in addition to the insurance choices available now. The insurance companies talk about the […]
Tags: Politics