Showdowns and Shutdowns: Madison To DC

[georgephillip]

Even a short little fool like Reich should realize that corporations aren't hiring and they aren't expanding or investing their capital because they are intimidated by the socialist agenda and anti-corporate mentality of the government. Does any sane person think all money belongs to the government and they only let us keep it for a little while? That's what you are saying when you use words like "tax giveaways". Obama thought the Chamber of Commerce was a sinister political force. That's how out of touch he is. Why do you think Obama hired a communist and former leader of a looting and arson rampage to be on the "green jobs" board? There are no green jobs. Obama wanted a revolutionary as part of the administration. Thank God Republicans gained the majority in Congress or we would be on the way to the 3rd world with fools like Reich driving the train.

Corporations aren't hiring or expanding or investing (in this country) because of a lack of demand. This was caused by big government (R&D) and Wall Street inflating and then collapsing an $8 trillion housing bubble. The resulting levels of unemployment and foreclosures will haunt this economy for years.

If you honestly believe Obama's a socialist why hasn't his Justice Department filed a single charge of securities or control fraud against Wall Street?

Why has too big to fail become too big to save?

Why did Goldman Sachs give Obama's campaign over $900,000? Four times as much as it gave McCain?
Because they're all socialists?

Bill Ayers, I assume, was hired for his educational expertise:

"He began his career in primary education while an undergraduate, teaching at the Children’s Community School (CCS), a project founded by a group of students and based on the Summerhill method of education. After leaving the underground, he earned an M.Ed from Bank Street College in Early Childhood Education (1984), an M.Ed from Teachers College, Columbia University in Early Childhood Education (1987) and an Ed. D from Teachers College, Columbia University in Curriculum and Instruction (1987).

"He has edited and written many books and articles on education theory, policy and practice, and has appeared on many panels and symposia. On August 5th, 2010, Ayers officially announced his intent to retire from the University of Illinois at Chicago.[42]

"On September 23, 2010 William Ayers was unanimously denied emeritus status by the University of Illinois, after a speech by the university's board chair Christopher G. Kennedy (son of assassinated U.S. Senator Robert Kennedy), containing the quote 'I intend to vote against conferring the honorific title of our university to a man whose body of work includes a book dedicated in part to the man who murdered my father, Robert F. Kennedy.'" (Wiki)

There may or may not be any "Green Jobs" in Obama's plan. but you can be sure the Democrats are just as devoted to Wall Street's plan as the Republicans are.

 

[georgephillip]

While few of us doubt that government budgets are in deep trouble, there's a huge and growing divide over why.

Are these deficits the result of excessive spending by local, state and federal governments, or do they result from the plummeting revenues over the last two years of our Great Recession.

Robert Reich:

"They’re (public budgets) also in trouble because of tax giveaways to the rich.

"Before Wisconsin’s budget went bust, Governor Walker signed $117 million in corporate tax breaks. Wisconsin’s immediate budge shortfall is $137 million.

"That’s his pretext for socking it to Wisconsin’s public unions.

"Nationally, you remember, Republicans demanded and received an extension of the Bush tax cuts for the rich. They’ve made it clear they’re intent on extending them for the next ten years, at a cost of $900 billion.

"They’ve also led the way on cutting the estate tax, and on protecting Wall Street private equity and hedge-fund managers whose earnings are taxed at the capital gains rate of 15 percent.

"And the last thing they’d tolerate is an increase in the top marginal tax rate on the super-rich."

Reich thinks electing Democrats changes the class war dynamic.

It doesn't.

These fights boil down to 2 Groups of people.

1 Group understands the Debt Situation we are in, the Other side simply does not care and wants to keep their Cookies and treats.

One group understands our Debt Situation became critical after big government and big business inflated and crashed an $8trillion housing bubble then compounded the crime with a multi-trillion dollar bailout of those who engineered and profited from the bubble.

When will the rest of you catch up?

When the Koch brothers come for your jobs?