How the one year ‘tax holiday’ actually works
‘Catfood Committee Members
Co-Chairs Alan Simpson* (R), Erskine Bowles* (D),
Dave M. Cole (Honeywell International),
Ann M. Fudge* (former CEO Young & Rubicam Brands),
Andy Stern (former president of Service Employees International Union),
Alice Rivlin (Brookings Institution),
Rep. Paul Ryan (R-Wisconsin),
Rep. Jeb Hensarling (R-Texas),
Rep. Dave Camp (R-Michigan),**
Rep. Xavier Becerra (D-California),
Rep. Jan Schakowsky (D-Illinois),
Sen. Judd Gregg (R-New Hampshire)*,
Sen. Tom Coburn (R-Oklahoma),
Sen. Mike Capo (R-Idaho),
Sen. Max. Baucus (D-Montana),*
Sen. Kent Conrad (D-North Dakota).*
GRINCH FACTOR: ”Grinch-in-Training”;
GRINCH FACTOR : FULL BLOWN GRINCH;
The utter contempt Baucus demonstrated not only for any democratic process but for his fellow citizens was beyond any conflict of interest–it was avaricious and evil. Somehow, I fail to see how Baucus could be a fair arbiter of any debate, especially after the biased privileges granted private insurance lobbyists at everyone else’s expense. Baucus not only demonstrated a clear inability to conduct fair hearings–he abused his power and denied citizens their constitutional right to…redress of grievances. In short; Baucus doesn’t appear to believe in constitutional rights or humanity. GRINCH FACTOR : MASTER GRINCH;
4.)Ann Fudge is, among other things–a …”major campaign bundler.” (Source: http://littlesis.org/person/1116/Ann_M_Fudge) She has been a major fixture with American banking elites for some time. A former chairman of the board of Young & Rubicam Brands, she included past Bear Stearns CEO Alan Schwartz in her circle. Presently, she is on the following corporate boards : Brookings Foundation, Rockefeller Foundation, GE and Novartis Pharmaceuticals. In short–she is what could be euphemistically termed–a ‘bankster lobbyist.’ How will she divest her predisposed prejudice favoring Wall Street? Ironically, Fudge was one of President Obama’s hand picked members.
GRINCH FACTOR : GRINCH AND ‘major campaign bundler’ FOR GRINCH CENTRAL;
5.)Senator Dick Durbin is the president’s former colleague in the US Senate. When asked about any privatization or diversion of monies paid into Social Security by Project VoteSmart’s ‘political courage test;’ he responded with the following:
“I oppose any efforts to privatize Social Security by diverting payroll taxes to individual accounts.” Durbin did go on record with VoteSmart adding that he supports ‘incremental reforms,’ …”to extend their solvency without imposing extraordinary burdens on seniors who can least afford it.” (Source: http://www.votesmart.org/npat.php?can_id=26847#11504)
Now, even this week, 12/10/10, Durbin publicly announces how he will push for an immediate vote on the President’s ‘tax deal’ package–presumably with the payroll tax holiday intact. Durbin did not exclude the payroll tax holiday, nor did he mention it at all. His office did not return any calls on this subject.
GRINCH FACTOR : Cowardly Grinch-in-Training;
…”educate Americans about the consequences of our soaring debt and deficits.”
Peterson has been characterized as one of the major ‘granny bashers,’ for his lifelong attack on ….guess what—Social Security. He has had a long career on Wall Street, has been a CEO of Bell & Howell, the co-founder of Blackstone Group (a private equity investment firm), and was previously the head of LEHMAN BROTHERS. (Source: http://motherjones.com/mojo/2010/04/pete-petersons-anti-entitlement-juggernaut-gets-fueled-obama)
So, Peterson is one of the accused ‘banksters’ involved in the failed Lehman Brothers firm, in an industry which was ironically bailed out by the very taxpayers he holds in such disdain.
GRINCH FACTOR : GRINCH EMPEROR;
7.)Debt Commission Co-Chair Alan Simpson is the most obvious ‘granny basher’ of all. He was quoted on the PBS Newshour explaining his position on ‘saving’ Social Security AND MEDICARE. Here is the quote :
…”You have two (sic) choices…you either raise the payroll tax or decrease the benefits or start affluence testing. The rest of it is B.S. And if the people are really ingesting B.S. all day long, their grandchildren will be picking grit with the chickens. This country is going to go to the bow-wows unless we deal with entitlements, SOCIAL SECURITY AND MEDICARE.” (Source: http://motherjones.com/mojo/2010/04/pete-petersons-anti-entitlement-juggernaut-gets-fueled-obama)
Does this man sound the slightest bit impartial or fair minded? (Rhetorical question). Why don’t we start with axing Simpson’s pension entitlement?! On a note which would be humorous if not sounding insane–Simpson once cursed out a reporter who asked for his views on Social Security. (Source: http://www.youtube.com/BTZ7BN22vM&feature=player_embedded)
GRINCH FACTOR : Chairman of the JOINT ‘GRINCH’ CHIEFS;
GRINCH FACTOR : GRINCH BANKSTER;
Rather than capitulate to the GOP and Wall Street raiders–he should be using his vast rhetorical gifts to marshall in a return to real democracy and a fair deal. When it comes to Social Security, which is the ONLY retirement most Americans will ever see; President Obama should defend the payroll tax from slick maneuvers designed to destroy any firewall against the thieves populating Wall Street CEO offices.
GRINCH FACTOR : Baby Grinch Needing a Major Jiminy Cricket Epiphany;
To those who would scream ‘SOCIALIST,’ the source of the quote was none other than President Franklin D. Roosevelt in 1941, addressing–a Treasury official. President Obama–are you listening?