Category Archives: Deficit

In the Belly of the Beast: 8/9/11: Cornel West & Tavis Smiley on Obama: “Many of Us Are Exploring Other Possibilities in Coming Election”

INDEX (full text of stories follow Democracy Now headlines) “POLITICS” Cornel West & Tavis Smiley on Obama: “Many of Us Are Exploring Other Possibilities in Coming Election” from Democracy Now! | Healthcare Reform by mail@democracynow.org (Democracy Now!) “A Declaration of War on the Poor”: … Continue reading

Posted in Corruption, Deficit, Human Rights, Obama, US Economy, US Electoral Politics | Leave a comment

Obama isn’t weak (he just isn’t a liberal)

FRIDAY, AUG 5, 2011 07:01 ET Obama isn’t weak (he just isn’t a liberal) The president has the political muscle to enact a progressive agenda, but he doesn’t want to BY DAVID SIROTA Reuters Barack Obama is a lot of things … Continue reading

Posted in Deficit, Medicare, Obama, Social Security | Leave a comment

Downgraded US Credit Rating: What comes of Coddling the Super-Rich

Downgraded US Credit Rating: What comes of Coddling the Super-Rich from Informed Comment by Juan The decision of Standard & Poor to downgrade the credit rating of the United States of America from AAA to AA+ was clearly based on uncertainty in two major … Continue reading

Posted in Collapse, Corporations, Corruption, Decline, Deficit, Finance Capital, Super Rich, US Economy, US Electoral Politics | Leave a comment

Obama: recent blog posts about his role in the deficit crisis

Taibbi: The Debt Ceiling Deal—Democrats take a dive from AMERICAblog: A great nation deserves the truth by Gaius Publius This is just starting to make the rounds, and it should. It presents the other frame to the “poor Obama is … Continue reading

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The myth of Obama’s “blunders” and “weakness”

The myth of Obama’s “blunders” and “weakness” from Glenn Greenwald by Glenn Greenwald With the details of the pending debt deal now emerging (and for a very good explanation of the key terms, see this post by former Biden economic adviser Jared Bernstein), a … Continue reading

Posted in Deficit, Finance Capital, Health Care Reform, Human Rights, Medicare, Obama | Leave a comment

[Greenwald] Democratic politics in a nutshell

Let’s tell the truth: Obama is WORSE than Bush. “W” failed miserably in his attempts to privatize Social Security; apparently only a Democrat can destroy what is left of the New Deal social safety net. This man is betraying us! … Continue reading

Posted in Civil Liberties, Corruption, Deficit, Finance Capital, Medicare, Obama, Social Security | Leave a comment

Krugman: Tax Cut Memories

Krugman’s column below raises questions about Obama’s political foresight. There are a number of convoluted ways to put a favorable spin on what Obama said, mostly along the lines that this is a sophisticated political maneuver to expose Republican intransigence, … Continue reading

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In the Belly of the Beast: 7/26/11: Krugman: Obama “wasn’t the one we were waiting for”

There’s Got To Be One from Ted Rall’s Rallblog by Ted Rall Obama wakes up in the middle night, worrying that there’s some principle he forgot to sell out. INDEX (full text of stories follow Democracy Now headlines) “POLITICS” Krugman: Obama “wasn’t the … Continue reading

Posted in Corporations, Corruption, Deficit, Islamophobia, Israel, Medicare, Obama, Social Security, Terrorism, UltraRight | Leave a comment

Graphic shows how Bush created deficit, not Obama

Graphic shows how Bush created deficit, not Obama from AMERICAblog: A great nation deserves the truth by John Aravosis (DC) Click for larger version The GOP would have you believe that Obama created the debt. And Obama would have you believe that both … Continue reading

Posted in Bush, Deficit, Obama, US Economy | Leave a comment