On Friday, it was announced that the U.S. House of Representatives voted overwhelmingly to support a $649 billion defense spending bill. According to the Associated Press, this represents a $17 billion increase over last year’s appropriation. This, as the AP article points out, is particularly noteworthy, given that drastic government cuts are being demanded elsewhere. […]
Posted in Politics, Uncategorized | Also tagged 2012 federal budget, A National Strategic Narrative, Bill Maher, budget, budget cuts, budget deficit, Bush tax cuts, class warfare, compromise, debt ceiling, defense spending, entitlements, Ezra Klein, grand bargain, Joint Economic Committee, Mark Mykleby, Medicaid, Medicare, military industrial complex, military spending, Mitch McConnell, Mr. Y, Obama, Paul Revere, priorities, Robert Pear, the growing gap between rich and poor, theology of tax cuts, unemployment, Wayne Porter |
As you no doubt know, President Obama and congressional leaders were able to avert a government shutdown by reaching an agreement on the 2011 budget late Friday night. While we don’t yet know all the facts, it looks as though the Republicans were not successful in their attempts to defund public broadcasting, and stop the […]
Posted in Corporate Crime, Economics, Politics | Also tagged Amy Goodman, budget cuts, budget deficit, Bush tax cuts, Congressional Progressive Caucus, Democracy Now, entitlements, EPA, estate tax, global climate change, greenhouse gas, Jeffrey Sachs, lobbyists, Medicaid, Medicare, military spending, Millennium Promise Alliance, NPR, Obama, Paul Ryan, PBS, People’s Budget, public broadcasting, social security, tax loopholes, tax the rich, the growing gap between rich and poor |
By Mark | January 5, 2011
I’ve been assured that the article in The Fiscal Times accompanying this image is not satire. You be the judge. Basically the author of the piece, Karen Hube, in an effort to defend tax breaks for the wealthy, makes the case that people making $250,000 a year in income aren’t well off, as they still […]
By Mark | December 16, 2010
I just received the following from Michigan Senator Carl Levin, explaining why he chose to vote against the President’s so-called “compromise” with Republicans. I’ve yet to receive anything from Michigan’s other Senator, Debbie Stabenow, explaining why she voted in a favor of the deal, which promises to deliver big tax breaks for the super-rich, ultimately […]
Posted in Economics, Michigan | Also tagged Bush tax cuts, Carl Levin, Debbie Stabenow, estate tax, middle class, New Deal, Obama, Obama's unwillingness to fight, rolling back the New Deal, taxing the rich, the growing gap between rich and poor |
By Mark | December 11, 2010
Until I can find a better highlight reel, this clip from Keith Olbermann’s show will have to do. I don’t know what good it will ultimately do, but, if you’re like me, you felt a least a little spark of hope as you listened to Senator Sanders speak truth to power on the floor of […]
