레이블이 Consumer Debt Statistics 2013인 게시물을 표시합니다. 모든 게시물 표시
레이블이 Consumer Debt Statistics 2013인 게시물을 표시합니다. 모든 게시물 표시

2013년 11월 25일 월요일

About 'us debt statistics'|...Bully for them; for the rest of us, record national debt, record personal debts, record...population, until/unless new and reliable poverty statistics are compiled -- remain...







About 'us debt statistics'|...Bully for them; for the rest of us, record national debt, record personal debts, record...population, until/unless new and reliable poverty statistics are compiled -- remain...








               So               we               saw               this               coming.

I,               along               with               much               more               influential               and               smarter               commentators,               said               the               debt               ceiling               would               be               raised,               but               the               deal               was               going               to               really               suck               and               make               significant               cuts               with               no               real               revenues.

Even               the               Wall               Street               Journal               Editorial               Board               knows               that               this               was               a               very               good               deal               for               Republicans,               as               shown               by               Stephen               Moore's               article               declaring               a               victory               in               the               debate               for               the               Republicans.

Another               Wall               Street               Journal               piece               called               the               deal               "               A               Tea               Party               Triumph               "               and               that               "the               debt               deal               is               a               rare               bipartisan               victory               for               the               forces               of               smaller               government".

The               article               said               it               was               the               biggest               "victory"               since               welfare               "reform"               in               1996               under               Bill               Clinton.
               

               Over               60%               of               people               disapprove               of               the               deal               because               it               contains               no               revenues               (taxes).

There               was               a               piece               in               Forbes               (yes               Forbes!)               calling               for               private               wealth               that               has               been               off-shored               to               be               taxed.

There               are               15-20               trillion               dollars               of               wealth               from               bankers               and               billionaires               sitting               offshore.

Remember               that               the               national               debt               sits               at               about               14.3               trillion               dollars.

All               of               the               major               leaders               are               viewed               less               favorably               by               the               population               because               of               the               debt               fight.

Even               John               Kerry               (who               represents               everything               that               is               wrong               with               Washington,               with               his               wealth               and               corruption)               has               said               that               he               "               has               never               seen               the               government               process               so               broken               ".

Polls               show               that               people               are               pessimistic               about               the               promised               protections               in               the               Affordable               Health               Care               Act.

Who               can               blame               them?

This               whole               debt               ceiling               facade               again               shows               that               our               politicians               are               bought               by               special               interests.
               

               The               cuts               will               be               around               $               2               trillion               long               term               .

The               Stock               Market               momentarily               rallied               on               Monday,               but               then               sunk               back               down               because               of               a               terrible               manufacturing               report               ,               again               reminding               us               the               big               problem               is               not               the               debt,               but               jobs.

Pelosi               claims               that               they               "saved"               Medicare               and               Social               Security,               but               the               triggers               in               the               deal               could               actually               make               deep               cuts               in               those               programs.

Harry               Reid               claims               that               "this               is               what               compromise               is               all               about".

Speaker               Boehner               admits               that               he               got               98               percent               of               what               he               wanted               in               the               deal,               can               you               call               that               compromise?
               

               One               of               the               more               bizarre               features               of               the               deal               is               the               so-called               "Super               Congress".

There               is               debate               on               how               the               12               lawmaker               "Super               Congress"               will               be               appointed.

It's               pretty               obvious               how               this               will               work               as               the               National               Journal               hints               "The               so-called               super               committee               that               would               be               responsible               for               cutting               $1.5               trillion               from               the               federal               deficit               is               poised               to               create               a               new               class               on               K               Street:               The               Superlobbyists."               And               when               the               12               are               picked,               guess               who               they               will               listen               to.

The               New               York               Times               reports               that               Wall               Street               was               in               close               contact               with               politicians               when               the               deadline               neared.

In               fact,               it               seems               that               they               lectured               both               parties               in               regards               of               the               debt               ceiling.

Wall               Street's               power               in               Washington               was               the               reason               that               the               debt               ceiling               was               raised,               and               it               will               have               a               huge               influence               on               the               "Super               Congress".
               

               

               Tim               Carney               diagnoses               the               situation               well,               by               noting               that               the               Democrats               (especially               Obama)               "put               politics               over               policy".

He               writes               that               Obama               abandoned               shared               sacrifice               and               Keynesian               economics.

Instead,               his               goal               was               to               "attempt               to               jockey               for               better               position               --               in               terms               of               fundraising".

The               final               kicker               from               Carney,               "Democrats'               willingness               to               compromise               doesn't               reflect               superior               maturity               to               the               more               rigid               Republicans.

Quite               the               contrary:               It               reflects               caring               less               about               policy               than               about               politics."               The               New               York               Times               correctly               writes               that               "Mr.

Obama...has               adopted               the               Republicans'               language               and               in               some               cases               their               policies".
               

               Senate               sources               show               that               Obama               was               willing               to               invoke               the               14th               amendment               and               raise               the               ceiling               himself               if               the               vote               failed.

This               shows               that               he               obviously               wanted               this               non-compromise,               or               he               would               have               just               raised               the               ceiling.

John               Conyers,               a               key               Democrat               out               of               the               House,               points               out               that               Boehner               and               Cantor               didn't               put               Social               Security               on               the               table,               it               was               President               Obama               .

Make               no               mistake,               Obama               wanted               these               cuts               .

For               those               that               want               to               quickly               argue               with               me               that               Obama               is               the               "good               guy"               and               its               the               Republicans               that               are               pushing               the               deep               cuts               and               working               for               Wall               Street               and               Finance,               please               l               ook               at               these               statistics               .

Presidential               inaugurations               are               privately               paid               for               (this               way               taxpayers               don't               pay               for               it,               but               it               allows               special               interests               groups               to               pay               for               it               and               get               something               in               return).

Who               was               the               number               one               donor               to               Obama's               inaugurations?

Big               finance               at               over               9               million               dollars               (with               over               5               million               from               "miscellaneous               business").

Lawyers               and               Lobbyists               combined               for               nearly               5               milllion.

How               much               did               Labor               and               Unions               give?

Less               than               $30,000.

Guess               who               Obama               is               working               for.
               

               

               The               politicians               (and               their               special               interests)               won,               and               we               all               lost.






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