It's hard to listen to the doomsday rhetoric of Austerians like Paul Ryan and intermittently the less hysterical, but equally mythical narratives of the President when he talks about deficit/debt reduction, when you know better; when you know more »
Once again, Republicans are holding government hostage, trying to force through unpopular cuts to the things We, the People -- "the 99%" -- do for each other and our economy, while giving handouts to the 1% who pay for their campaign ads and smears. more »
Just weeks after the "debt-ceiling" hostage-taking, forcing trillions to be cut out of the economy, the hostage-takers are at it again. Now they are threatening a government shutdown, demanding even more cuts in the "continuing resolution" that keeps the government operating. more »
This one is a message intended for all progressive organizations, especially those who have worked so hard to derail the drive for cuts in Social Security, Medicare, and Medicaid, or are working hard to protect other valuable discretionary programs.
There's another hostage-taking coming in the more »
(Author's Note; Many thanks to lambert strether, beowulf, and Yves Smith for their reviews of this post)
Well, the debt limit crisis is upon us. Treasury Secretary Geithner says the US Government will not be able to meet all its obligations on August 3, unless the debt ceiling is increased by Congress. The Secretary says he is out of moves to extend this date. I don't think that's true. more »
If you like your Social Security, Medicare, Medicaid, courts, roads, trains and the rest of what government does for We, the People, then you should pay attention to this. Early next year the Republicans will demand severe cuts to everything or they will allow the country to default on its debt. They mean it and they are planning for it. more »
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