Why is the [Obama] Administration talking about replacing Treasury Secretary Geither with a wealthy banker who wants to cut Social Security and Medicare, would lower taxes on his fellow rich people, and is trying to impose European-style job-destroying austerity on this country?
Klein wrote that “as of today, I’m ready to name a frontrunner, at least if Barack Obama is re-elected: Erskine Bowles.” He also notes that Paul Ryan called Bowles “my favorite Democrat.”
Resolution Against the Use of the Chained CPI for Calculation Cost of Living Increases for Social Security and Other Programs. WHEREAS the current COLA already undercounts the higher inflation that seniors experience because they spend a disproportionate amount of their income on health care; and WHEREAS the chained CPI will result in a yearly 0.3% […]
This article is somewhat speculative, but it makes a lot of sense: Making the Connections – Why Crackdown on OWS Now? “If the administration expects the austerity budget to emerge from the super committee to be substantially worse than most of us fear, that would constitute reason enough to attempt to clear the cities of […]