Great Recession

Stop Picking on the Poor Plutocrats

  • davidswanson's picture
    davidswanson
    Want to meet our members? Click 'Join' above!

I stopped by a corporate chain bookstore this week and checked out the "Current Affairs" section. I was a little surprised to discover that according to a dozen or more books dominating the display we are all under a vicious life-and-death assault from a raving, drooling mob of communist devils led by that well-known pinko guerrilla Barack Obama.

Jobs Not Stimulus

  • Bob Fertik's picture
    Bob Fertik
    Want to meet our members? Click 'Join' above!

As the global economy grinds to a halt, progressive "pundits" are driving me crazy by equating a Keynesian "stimulus" with jobs.

They are not the same thing.

The American Recovery and Reinvestment Act of 2009 was a $787 billion "stimulus." It was not a jobs bill. 

It was supposed to save and create millions of jobs through trickle-down policies of tax cuts, unemployment benefits, aid to state and local governments, and "shovel-ready" construction projects.

According to Congressional Budget Office estimates, in its peak year of 2010, it increased the number of people employed by between 1.3 million and 3.3 million. Most of those jobs were saved, not created.

On Saturday, Let's Change America

  • Bob Fertik's picture
    Bob Fertik
    Want to meet our members? Click 'Join' above!

Job PartyThis Saturday we're drawing a line in the sand. The entire progressive movement is putting everything we have into one massive display of progressive solidarity nationwide.

We won't let Wisconsin Gov. Scott Walker - or any other billionaire-bought TeaParty Governor - break the unions. Unions created America's middle class and if they disappear we'll all end up as corporate slaves.

The entire progressive movement - Netroots, unions, environmentalists, and community groups - will hold solidarity rallies in major cities, including every state capital, this Saturday around noon.

How Many Progressive Budget Analysts Does It Take to Notice the Military?

  • davidswanson's picture
    davidswanson
    Want to meet our members? Click 'Join' above!

Whether or not one recklessly and misleadingly includes Social Security and Medicare and Medicaid in discussions of the federal discretionary budget, the fact remains that over half of the discretionary budget (of everything other than Social Security and Medicare and Medicaid) is military. The primary talking point coming out of the White House is the need to freeze all non-military discretionary spending. And yet it is difficult to find a progressive analysis of the budget President Obama proposed on Monday that even mentions the existence of the military.

Tell Congress: Create Jobs Now

  • Bob Fertik's picture
    Bob Fertik
    Want to meet our members? Click 'Join' above!

In December, Republicans demanded - and won - an extension of Bush's tax cuts for the rich costing $858 billion over two years.

Amazingly, that same $858 billion could create jobs for all 14.5 million unemployed Americans paying nearly $30,000 per year!

The rich don't need more tax breaks. But 14.5 million unemployed Americans desperately need jobs.

Tell Congress: Create Jobs Now!
http://democrats.com/create-jobs-now

The new Tea Party Republican Congress wants to slash jobs to give more tax cuts to the rich.

They won't create jobs unless we build a powerful nationwide grassroots movement to demand them.

That's exactly why we're launching the Job Party - to create a movement more powerful than the Tea Party. Here's our plan:

It's Time for a Job Party

23%
2,272 of 10,000
people have signed this petition.
Background

Jobs for 15 million unemployed Americans - or tax cuts for a few billionaires?

America urgently needs 15 million jobs. But Tea Party Republicans demanded - and won - tax cuts for billionaires instead.

And now Tea Party Republicans are demanding deep cuts in jobs, education, Social Security, and Medicare.

The real Tea Party is now exposed: it's not a grassroots populist movement to slash the debt, but simply a front group for the rightwing billionaires who fund it, especially David Koch and Rupert Murdoch.

And the overwhelming majority of Americans oppose the rightwing Tea Party agenda, but no one has organized a nationwide response.

That's why we are launching the Job Party to fight back in every community in America.

Sign our campaign pledge here and visit us at http://jobparty.us

Sign the petition

Teaparty Threatens Global Depression

  • Bob Fertik's picture
    Bob Fertik
    Want to meet our members? Click 'Join' above!

Wow - ThinkProgress found three Teaparty Republicans who are publicly willing to default on America's debt in order to stop the government from borrowing any more money.

The first is Rep. Andrew Harris (R-MD), who gained fame today for demanding government-funded healthcare 6 weeks before his swearing-in. The second is Senator Mike Lee (R-UT), who beat establishment conservative incumbent Bob Bennett at last year's Utah Republican convention. The third, Reid Ribble (R-WI), told ThinkProgress off-camera he would also vote against raising the debt ceiling.

Wall Street's Mercenaries Ride Donkeys

  • davidswanson's picture
    davidswanson
    Want to meet our members? Click 'Join' above!

Robert Scheer's new book "The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street," is not yet another account of how we got robbed or "why the economy imploded for dummies." If you're like me, you just didn't need another lesson in how swapped collateralized debt obligation derivative tranches didn't really make the pie higher. Scheer's book is something else: a straightforward broad-view account of the past thirty years focused on who did the robbing.

Here's the short answer that Scheer provides: Reagan announced the robbery but couldn't pull it off. Clinton robbed us blind. Bush Jr. and Obama drove the get-away car, with Obama disguised as a security guard.

2/17 Brownbaggers Not Teabaggers

  • Bob Fertik's picture
    Bob Fertik
    Want to meet our members? Click 'Join' above!

Brownbaggers Not TeabaggersBush's Great Recession has already caused deep cuts in crucial state and local programs from coast to coast. Now it is forcing cuts in Congress too.

But instead of cutting massively wasteful military spending, President Obama and Democratic "leaders" are pushing a record $708 billion Pentagon budget, including $160 billion for the never-ending wars in Afghanistan and Iraq.

If you think Democratic "leaders" should spend our tax dollars on healthcare not warfare, there's an exciting new grassroots movement you can join: the Brownbaggers!

Last month, there were 22 Brownbag Vigils outside Congressional district offices. This Wednesday, that number will grow to 50 - and even more if you help organize one near you.

It's time to start a grassroots revolution to demand the change we voted for in 2006 and 2008.

Bob Fertik

p.s. We are also working to reverse the Supreme Court's decision in January to let corporations spend unlimited sums to buy politicians. If you haven't yet signed, please pledge to Save Our Democracy:
http://democrats.com/save-our-democracy

Color Lines: Race and Economic Recovery

  • davidswanson's picture
    davidswanson
    Want to meet our members? Click 'Join' above!
Syndicate content