Supreme Court Justices tell us not to worry, the invisible hand of the market of ideas will work to our advantage. Now, ignore that man behind the curtain with those bags of unearned and untaxed cash.
|By: masaccio Friday September 16, 2011 9:25 am|
Can I have a nice lecture from Senator Murray on how it’s my duty as a citizen to vote for one or the other of the corrupt jerks they put in my face?
|By: Jon Walker Wednesday September 14, 2011 2:55 pm|
The reason for-profit medical corporations push for this change is simple. Kicking seniors out of Medicare means they will be forced, by the individual mandate in Obama’s Affordable Care Act, to buy far more expensive, and inefficient, private insurance that pays higher rates for services. The move will also shrink Medicare’s market size, making it harder for Medicare to get the lowest prices for the government as possible.
|By: David Dayen Wednesday September 14, 2011 2:05 pm|
We’re just going to get trial balloon after trial balloon until next Monday, when the President is set to announce his batch of deficit reduction ideas for the Catfood Commission II. Now the balloon has flown all the way to England, and the offices of the Financial Times.
|By: Jon Walker Friday August 19, 2011 9:45 am|
At a town hall meeting in Illinois, President Obama reaffirmed that he will personally push for Congress to make Medicare and Social Security cuts part of any talk about deficit reduction or job creation.
|By: David Dayen Monday August 15, 2011 6:30 pm|
Rep. Fred Upton says the Catfood Commission II has already gotten to work. I don’t know if that simply means that the members have already started raising money off the fact that they’re members of the Catfood Commission II or what. But apparently there’s been a little activity.
|By: David Dayen Friday August 12, 2011 11:35 am|
It’s pretty clear that this is how Washington works. Powerful members of Congress are subject to a special interest feeding frenzy. As soon as the lobbyists and the wealthy contributors find out who has the ability to advance their interests, they run to those members with wallets in hand.
|By: Jane Hamsher Thursday August 11, 2011 12:30 pm|
James Clyburn has just been appointed to the Super Congress Catfood II Commission, and will now have powers above those or an ordinary member of Congress when it comes to determining the future of Social Security and Medicare. So I thought it would be a good time to re-run Mike Stark’s interview with Clyburn from May of 2010 regarding Clyburn’s support for cutting Social Security benefits.
|By: Jane Hamsher Wednesday August 10, 2011 10:48 am|
There are no good choices for this commission. It is designed to protect members of Congress from the electoral repercussions of cutting Social Security and Medicare benefits, something that 82% of the country vehemently opposes. A full 60% of the country think the wars are responsible for the deficit, but the money for war will not be touched. The committee exists solely to impose the will of a small minority of oligarchical elites on the nation, and rob millions of Americans of the retirement insurance they have been faithfully and honorably been paying into their entire adult lives. The fact that the committee exists at all represents the breakdown of the social contract.
|By: masaccio Sunday August 7, 2011 10:30 am|
Maybe S&P is right to fear a tectonic adjustment in US economic policies.