General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe President is doing a great job of laying the blame properly on the Republicans in Congress
Agschmid
(28,749 posts)Rather than place blame... But I get it.
nadinbrzezinski
(154,021 posts)NYC_SKP
(68,644 posts)And he gets to lay blame where it belongs.
Good job, Mr. President!
Comrade_McKenzie
(2,526 posts)All the polls show Republicans will get the blame.
Bake
(21,977 posts)Meanwhile, seniors, children, etc. will feel the PAIN. The only people who care about the blame are the political class.
Bake
woo me with science
(32,139 posts)We are supposed to accept Social Security cuts to avoid the sequester? What a steaming load. What a magnificently despicable, deliberately orchestrated choice.
This whole putrid deal, from the faux debt ceiling "crisis" that started it all, was deliberately set up to ensure austerity either way. And both corporate-purchased parties were complicit.
This is how Shock Doctrine works.
ChisolmTrailDem
(9,463 posts)Tierra_y_Libertad
(50,414 posts)jsr
(7,712 posts)djean111
(14,255 posts)Waiting to be told how the cuts are brilliant strategy and how the cuts are GOOD for us, after the crap about how offering the cuts was just brilliant chess, blah blah blah.
Hell Hath No Fury
(16,327 posts)How clever of O to get the cuts he wanted from the beginning while getting the blame shifted to the GOP. Brilliant.
gateley
(62,683 posts)Fire Walk With Me
(38,893 posts)http://www.alternet.org/news-amp-politics/corporate-profits-have-grown-171-percent-under-obama-highest-rate-1900
"Average annual corporate profit growth under Obama is the highest since 1900, whereas profit growth declined during both Bush presidencies. As a share of the economy, corporate profits have never been higher.
Unfortunately, this profit deluge has not been shared by workers, whose wages as a percentage of the economy have fallen to all-time lows. Workers also got dinged by the recent increase in the payroll tax, which was large enough to wipe out a minimum wage increase in some states."
8 Huge Corporate Handouts in the Fiscal Cliff Bill
http://www.alternet.org/news-amp-politics/8-huge-corporate-handouts-fiscal-cliff-bill
"Throughout the months of November and December, a steady stream of corporate CEOs flowed in and out of the White House to discuss the impending fiscal cliff. Many of them, such as Lloyd Blankfein of Goldman Sachs, would then publicly come out and talk about how modest increases of tax rates on the wealthy were reasonable in order to deal with the deficit problem. What wasnt mentioned is what these leaders wanted, which is whats known as tax extenders, or roughly $205B of tax breaks for corporations. With such a banal name, and boring and difficult to read line items in the bill, few political operatives have bothered to pay attention to this part of the bill. But it is critical to understanding what is going on.
5) Subsidies for Goldman Sachs Headquarters Sec. 328 extends 'tax exempt financing for York Liberty Zone,' which was a program to provide post-9/11 recovery funds. Rather than going to small businesses affected, however, this was, according to Bloomberg, 'little more than a subsidy for fancy Manhattan apartments and office towers for Goldman Sachs and Bank of America Corp.' Michael Bloomberg himself actually thought the program was excessive, so thats saying something. According to David Cay Johnstons The Fine Print, Goldman got $1.6 billion in tax free financing for its new massive headquarters through Liberty Bonds."
The Untouchables: How the Obama administration protected Wall Street from prosecutions
http://www.guardian.co.uk/commentisfree/2013/jan/23/untouchables-wall-street-prosecutions-obama
Yes, Virginia, the Rich Continue to Get Richer: the Top 1% Got 121% of Income Gains Since 2009
http://www.nakedcapitalism.com/2013/02/yes-virginia-the-rich-continue-to-get-richer-the-1-got-121-of-income-gains-since-2009.html
U.S. banks in 2012 post highest profits since '06
http://www.reuters.com/article/2013/02/26/us-usa-fdic-earnings-idUSBRE91P0N820130226?utm_source=Daily+Digest&utm_campaign=de8376aab3-DD_2_27_132_27_2013&utm_medium=email#.US5jjkXSlU8.twitter
This Years Subsidy to Wall Street = the Amount of This Years Sequester Cuts
http://www.washingtonsblog.com/2013/02/this-years-subsidy-to-wall-street-the-amount-of-this-years-sequester-cuts.html#.US_yiFwwnHY.facebook
woo me with science
(32,139 posts)jsr
(7,712 posts)riderinthestorm
(23,272 posts)Comrade_McKenzie
(2,526 posts)And need to be ridiculed into obscurity.
msongs
(67,433 posts)Blecht
(3,803 posts)How many times did he call for Congress to repeal the Budget Control Act of 2011?