Sadly, This Sums Up the Situation

July 27, 2011 in Barack Obama, Corporatism, Crony Capitalism, Democrats, Economy & Business, John Boehner, Politics, Regressives, Republicans

by jhwygirl First a brief recap: Boehner submitted a budget proposal after he walked away – very publicly – Monday night after President Obama’s speech. His said his bill would save $1.2 trillion, but yesterday, CBO came back with it scored as saving only about $850 billion. So Boehner – who had scheduled the thing [...]

Capitulate to Austerians? Invoke the 14th? Or Time for New 3rd Party Movement?

July 27, 2011 in 2012 Election, Barack Obama, Great Budget Battles of 2011

By JC Many people, myself included, believe that the current turn of democratic party ideals to one of austerity in the face of crippling unemployment and vastly widening wealth inequity represents a capitulation to right-wing hysteria over the deficit. House minority leader Nancy Pelosi puts the cap on most dem’s credibility in Congress by appeasing [...]