The Biggest Progressive Victory of 2014 So Far Was Against Obama, Not With Him

By: Friday February 21, 2014 10:06 am

It is a sad comment about the current state of politics that the biggest progressive victory so far this year wasn’t a victory with the Democratic President, but a victory against him. While Obama did technically remove chained-CPI, he was the one who put it there in the first place. He is the one who has been consistently pushing for a grand bargain for years. He was the one who forced the Democratic party to temporarily back such a destructive and deeply unpopular position.

What That Letter Should Have Said

By: Thursday February 20, 2014 3:55 pm

On Valentine’s Day, Senator Bernie Sanders sent a letter to the President, authored by himself and signed by 15 other Senators, all Democrats. The letter was a response to the rumors that the President intends to include his Chained CPI proposal to cut Social Security benefits in the budget he will soon send to Congress.

Obama’s Budget Drops Big Social Security Cut

By: Thursday February 20, 2014 12:15 pm

This is a big victory for the defenders of Social Security who have for years been fighting a very well-financed coalition of so called “deficit” groups focused on undermining the retirement security for millions of Americans.

Late Night FDL: Burnt Bridges

By: Thursday May 16, 2013 8:00 pm

It’s quite a week when the entire MSM suddenly gets sufficient oxygen into its hairspray-addled brain to be shocked, shocked, I tell you, at the fact that the Obama administration has been, well, behaving like Loyal Bushies on meth for the last four years. Mainly, because team Obama was just a tiny bit nicer about how they icily disdained several parts of the Bill of Rights, not least that first one, the punitive prosecutions could continue. the wiretapping comfortably privatized, and the illegality and cronyism of the Bush era would be magically transformed into cuddly bipartisan consensus.

Trouble is, that sort of thing only works until it doesn’t.

Reply to Reinhart and Rogoff’s NYT Response to Critics

By: Sunday April 28, 2013 7:00 am

The intellectual dishonesty continues. As before, it’s the lie of omission.
R and R are familiar with my book ‘The 7 Deadly Innocent Frauds of Economic Policy’ and, when pressed, agree with the dynamics.

Howard Dean Says Obama May Drive Him Out of the Democratic Party

By: Friday April 19, 2013 2:14 pm

Obama’s recent budget proposing cuts to Social Security and Medicare while restoring military spending is not going over well with the former Chairman of the Democratic Party. Howard Dean is so outraged by Obama’s assault on the middle class he is threatening to leave the party he once led.

Chained CPI Helps Fund Corporate Tax Breaks and Trickle Down

By: Friday April 19, 2013 12:17 pm

I’m all for balancing the budget on the backs of the oligarchs and corporations and their foundations and their offshore holdings of trillions and their professional minions who make it all possible.

Another Poll Shows Americans Oppose Chained-CPI Cut for Social Security

By: Friday April 19, 2013 9:27 am

There is yet another poll showing that a majority of Americans oppose President Obama’s efforts to cut Social Security benefits by adopting the chained-CPI. According to a new AP-GfK poll, 54 percent oppose “changing the way Social Security benefits are calculated so that annual increases are smaller.” It found only 26 percent favor this idea.

President Obama Makes Ronald Reagan Proud

By: Sunday April 14, 2013 11:00 am

President Obama and his inner Ronald Reagan protect the rich from the possibility of a dent in their wealth and power.

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