Archive for the ‘Joe Biden’ Category

by jhwygirl

Goddess Bless Vice President Biden, an everyperson’s working Joe. Such a regular guy, he commuted from Delaware – by train – to DC daily during his multiple terms as senator….while his wife worked and his kids went to public school.

I’m not happy with the current economic situation, but I’m old enough to remember how it was in the early 80’s. It was crap. For quite a while. And Reagan wasn’t handed the crap that Obama was before he even turned the keys on the White House.

THE FACTS ARE that George W. Bush took a $237 billion surplus and turned it into a $1.3 trillion deficit. George and his band of thieves left us bankrupt in every sense of the word. While, again, I have great concern over the current situation, my concern lies more with the everyperson, and not the top 2% that would benefit from extending the Bush tax cuts – which did not create jobs, btw.

Republicans, though can’t seem to keep to their contracts with America. Those tax cuts were set to expire because they were known to be creating a deficit when they were approved.

Let’s say that again: The Bush tax cuts were known to be creating a deficit when they were implemented.

Also again: The Bush tax cuts did not create jobs.

Now for the real poop behind those tax cuts that Boehner and his buddies – you know, guys like Dennis Rehberg? – are out there saying need to be extended: If you are married making less than $237,000 a year? Or single, making less than $200,000 a year? You will actually pay less in taxes. So small businesses? Benefit. Middle class? Benefit.

Tax payers? $1.45 billion less in deficit spending.

Yep – that’s right, extending the Bush tax cuts will double the U.S. deficit, while benefiting the very very top of the income earners in the U.S.

~~~~
Today, Joe Biden told Boehner and his buddies what he thought of their economic ideas. You can read it here. It’s a damn good version of take-your-idea-of-economic-stimulation-for-the-rich-and-shove-it.

And Max? If you are out there, paying attention? I hope you read that link above – because if you really want to extend tax cuts to the middle class – and I’m going out on a limb here, but I’m betting a whole lot of us Montanans don’t make more than $250,000 – you’ll take your position as chair of the Finance Committee and quit the nonsense, spread the word, and END THE BUSH TAX CUTS.

Thank you.

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by jhwygirl

Relied on Wall Street. Just three years ago.

I’m thinking Mildred and few thousand shareholders are thinking differently right now. McCain better stay far far away from them with that privatization talk.

In 2005, McCain and Bush stood together, advocating for private accounts for social security.

So Economic Einstein and Republican Presidential nominee John McCain, just three short years ago, felt that Wall Street was the appropriate place for people to place their trust in their long-term economic security?

Let’s see – the AIG bailout was $85 billion. Economist are estimating the total bailout costs will be $900 billion. Today, the Bush/Paulson Administration requested a $700 billion dollar no-strings-attached bailout package that will raise the national debt ceiling from $10.615 to $11.315 trillion.

Take a moment to let those numbers sink in, people. Clinton left Bush, 8 long and torturous and ethically devoid years ago, with a surplus.

And all this destabilized in just 3 years? Today those same Wall Street people are greedy? Where were thee three years ago, pal?

Obama/Biden, though, know the real story. Biden’s been hitting McCain hard on the campaign trail – and if you have a few moments tomorrow, I highly recommend watching CNN’s “On the Campaign Trail” to see just how hard. For a taste of some real Straight Talk:

“If John cares so much about this now, where was he a week ago? Where was he a month ago? Where was he 5 years ago? I’ll tell you where he was. He was bragging to the folks on Wall Street, the executives who now he calls greedy, he was bragging to them how he was going to shred the regulation that fetters them, that ties them down,” Biden said, calling those regulations “the very things that protected ordinary people on Main Street.”

“All of a sudden it’s ‘my goodness there’s greed on Wall Street. My goodness we need common sense regulation. My goodness,’” he continued. “This is a simple simple choice people have. It’s a choice between those who think that the marketplace and the corporations and the wealthy of America should go unfettered and have no regulation, and those of us who think there should be common sense rules to protect transparency so people can see the ability to know where your dollars are going.”

“John has said to the folks on Wall Street, and again I’m quoting here – this is in the Wall Street Journal – I’m always for less regulation. Here now, John has said he’s going to crack down on the greed on Wall Street. The greed of American corporations,” he said.

“Lets take a look at John’s conversion here. Something happened on the road to Damascus. John fell off his horse, but he got back on the same horse.”

Make no mistake, McCain’s privatization plans for Social Security have deep roots. Senator (now Republican Presidential nominee) John McCain’s plans go back more than 25 years. Here’s one of his speeches from 1999.

As Biden put it: He may have had a political epiphany, but it sure wasn’t a policy epiphany.

Or, as ABC News’ George Will put it, a Conversion of Convenience (even if you are on dial-up, this one is worth the wait):

This is McCain/Palin. This is the Republic Party.

Vote accordingly folks.




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