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.

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.

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.

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.

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

Chained CPI Means You Can’t Have Nice Things

Word leaked last Friday (April 5) that Chained CPI was going to be part of President Obama’s budget, prompting me to point out a simple truth, “A Bad Idea Is a Bad Idea, No Matter Who Proposes It.” Of course, starting Monday, all the usual suspects and even a few somewhat surprising suspects started pushing the idea as a wonderful thing, maybe even as good as sliced bread.

What I find most ironic about President Obama’s budget is that in trying to find “common ground”, he became the caricature Republicans created about him.

Call it a miscalculation. Even some of President Obama’s strongest supporters in Congress have come out against his plan to cut Social Security and Medicare, not to mention the activists who put together a 2.3 million strong petition against the plan. Other than paid staff and consultants Obama is fresh out of friends when it comes to cutting Social Security and Medicare two of the most popular government programs in history.