My Congressman, Jim Moran, is retiring this year and his seat is up for grabs in the VA – 8th Congressional District. This is a solidly blue district made even more solid by the Republican gerrymander following their win in the disastrous elections (for poor people, for women, for the middle class, and for minorities) of 2010 in Virginia. So, the question is, which of the eleven candidates who are running in the primary will win it, and become the heavy favorite to win the Congressional election in November.
The heavy primary favorite is Don Beyer, a noted auto dealer in Northern Virginia, who has served as Lieutenant Governor twice, and also as Ambassador to Switzerland. My impression of Ambassador Beyer has been favorable. I have a friend who bought cars from him over many years and who had his Volvos serviced at his dealership all the while, and he had nothing but good things to say about the integrity of the service he received.
That said, however, and personal characteristics aside, I'd like Beyer to clarify his positions on the issues. So, I'm addressing this open letter to him. Read more about An Open Letter to Don Beyer, VA – 8th Candidate for Congress
In a 1/24/13 article in Aljazeera entitled “Top CEOs plan to loot US social programmes”, Dr. Margaret Flowers powerfully calls out the motives of a mendacious “Fix the Debt” campaign launched by 80 CEOs who are determined to cut their corporate taxes even further by decimating social programs beneficial to us, the lower whopping 99% of the American citizenry.
Received this tweet from Bloomberg View the other day. I have long ascribed to the notion that the real news is the news that is reported by the business press, so I "follow" a number of these news outlets.
The favorite defense of Social Security by progressives harkens back to Franklin Roosevelt who famously said:
”I guess you’re right on the economics. They are politics all the way through. We put those pay roll contributions there so as to give the contributors a legal, moral, and political right to collect their pensions and their unemployment benefits. With those taxes in there, no damn politician can ever scrap my social security program. Those taxes aren’t a matter of economics, they’re straight politics.”
A few days ago, Goldman Sux CEO Lloyd Blankfein was "interviewed" by a CBS tool, giving him an opportunity to explain that entitlements like Social Security, Medicare, and Medicaid are just too expensive to continue. Yes, it's old news, already reported earlier here and here. But what I totally missed is that Blankfein's math is waaaaaay off, creating an opening for some LTEs. Read more about Blankfein's Bad Math and an LTE Opportunity
Seriously, if you want to wipe out large numbers of people, why bother with entitlement cuts when you've got high-tech weaponry available? It's fast, impersonal, and you can just hose down whatever's left and voila! Problem solved!
Unfortunately, it looks like Obama prefers the slow, painful method of saving us from the debt.
From a Healthcare NOW email [bolding added]:
Just because President Obama won another term doesn't mean that Medicare, Medicaid, and Social Security are safe. Far from it. Obama's seeking a "grand bargain" with the Republican-controlled House by January 1.
Bob Woodward's releasing a new book, so we are now seeing articles based on it. A few days back, The Washington Post published the ”Inside story of Obama’s struggle to keep Congress from controlling outcome of debt ceiling crisis.” This account is a pretty downbeat one of how our political leaders and President Obama handled the debt ceiling crisis of the summer of 2011. I want to comment on what for me was the most salient point: that during the crisis, the President had no “Plan B” to get around the debt ceiling beyond negotiating a deal with Congress. Read more about No Plan B?
Who else thinks the President's speech didn't include any plans to create the 29 million full-time jobs for the dis-employed? Please raise your hand!
About jobs he said:
”We can help big factories and small businesses double their exports, and if we choose this path, we can create a million new manufacturing jobs in the next four years.”
Ah.... my fellow Americans, be very, very, afraid of the terrible Social Security crisis that will sink us as a nation. According to Government projections, we won't be able to pay full Social Security benefits, in 2037 and beyond, unless we cut benefits now, because the Social Security “Trust Fund” will be short of money.
This is Part Two of a critical review of The National Journal's Debate on "Our Fiscal Future" between John Podesta and Douglas Holtz-Eakin with Jim Tankersley moderating, at The George Washington University's Jack Morton Auditorium. This part provides more observations and evaluation on some of the propositions offered by Holtz-Eakin and Podesta.
H-E: Eliminating tax cuts for the rich will cost 1.5% to 2% GDP annually. Read more about Loose Talk and Numbskull Notions At the Podesta/Holtz-Eakin Debate: Part Two