Obama; The Producer/ Author of The Debt Problem
This will be a short post
I have been mentioning on every thread and it still has not made it’s way to those who might make a difference, this fact needs to get on broadcast media and to whatever progressives are left who still have a voice;
This supposed “debt ceiling crisis” was created by Obama, nobody else, it was NOT created by Bush, it was NOT created by the republicans.
Obama actively and aggressively extended the right wing’s redistribution of middle class assets scheme (also marketed as “the bush tax cuts”)
That scheme to lift our assets was set to expire, it took NO political capital in refusing extension and actually took political capital extending that scheme
Obama was informed in NO uncertain terms that we needed to stop giving away middle class treasure to the wealthy, he was TOLD it would cause a debt problem.
Obama had NO reason to extend that scheme YET HE INSISTED.
The man is producer of this play, he is author of the script.
There is NO way a republican elected as a republican could dismantle social security, there is NO way a republican elected as a republican could have extended the scheme to steal middle class assets again.
It took a corporatist elected as a democrat to pull off this high jack.
We NEED to lay the blame for this grand theft at the door of the man who deliberately, pro-actively and aggressively a set out to take our assets and give them away
That man is the president who had the “audacity” to bring it off
PRIMARY THIS FAILURE!!!!
hat tip to wigwam, notice the date, a few days before inaugeration;
Obama Pledges Reform of Social Security, Medicare Programs
By Michael D. Shear
Washington Post Staff Writer
Friday, January 16, 2009
President-elect Barack Obama pledged yesterday to shape a new Social Security and Medicare “bargain” with the American people, saying that the nation’s long-term economic recovery cannot be attained unless the government finally gets control over its most costly entitlement programs.
That discussion will begin next month, Obama said, when he convenes a “fiscal responsibility summit” before delivering his first budget to Congress. He said his administration will begin confronting the issues of entitlement reform and long-term budget deficits soon after it jump-starts job growth and the stock market.