Tag Archive | "Deficit Commission"
Posted on 09 January 2013. Tags: Deficit Commission, Erskine Bowles, Fiscal Crisis, Fix The Debt
That the whole phony debt crisis has been driven by people with deep ties to business interests and the elite will not come as a surprise to people who read this blog — I’ve been pointing this out for a long time. It’s not a hidden secret — just one the transcribers of press releases (formerly known as “journalists”) don’t care to mention very often. So, today, there is an exception to the rule — with one glaring omission.
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Posted on 28 November 2012. Tags: Alan Simpson, Corporate Hacks, Deficit Commission, Erskine Bowles, Jackie Calmes, Journalism, Political Hacks
Let me start by immediately apologizing for using a sexual act in a headline and, particularly, in reference to an article written by a woman transcriber of press releases (formerly knows as “journalists”). Apology now behind me, I can go back to the point: Erskine Bowles and Alan Simpson could not have paid enough money to get the kind of fellatio they were blessed with by Jackie Calmes of The New York Times, the paper, by the way, that is making it a habit of putrid reporting about the phony debt and deficit “crisis” — I suppose having been a cheerleader for the Iraq War, to devastating effect to the country’s bank account (not to mention devastating to the families of all the dead people killed because of the immoral war), The Times just feels obligated to find something else to trumpet…phony as it may be.
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Posted on 22 July 2011. Tags: "Free Market", "Free Trade", 2012 Elections, Barack Obama, Bill Clinton, Civil Disobedience, Class Warfare, Cocktail Parties, Debt, Deficit, Deficit Commission, Democrats, Financial Crisis, fox news, Liberals, Movements, Progressives, Robert Reich, Supreme Court, Unions, Wages, Wall Street
The anger against the president that has been rocketing around many circles of liberal/progressive politics is misplaced. The crisis we face isn’t about what the president is doing, or failing to do. We are under siege, fighting the greatest class warfare in perhaps 100 years. And we can expect very [...]
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Posted on 26 May 2011. Tags: Blackstone, Catfood Commission, Debt, Deficit Commission, Deficits, Framing, Hysteria, Nonsense, Pete Peterson, Social Security, Tax Cuts
It is easy if you are a billionaire to get attention. You spend a ton of money on some idea–even it’s sheer lunacy–and you can buy attention. Donald Trump did it–but his "pursuit" of the presidency was just another comical vanity play in his comical life. Pete Peterson is another story–and the outcome of [...]
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Posted on 12 April 2011. Tags: Catfood Commission, Debt, Deficit Commission, Deficits, Framing, Hysteria, Nonsense, Social Security, Tax Cuts
We keep repeating the same mistake–no matter how many times good progressive leaders, writers, thinkers and activists use the word "framing". And we are at it again–offering "better proposals" to address the debt-deficit "crisis". But, we should be saying something much different: there simply is NO debt or deficit "crisis". As I write [...]
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Posted on 19 March 2011. Tags: Alan Simpson, Catfood Commission, Debt, Deficit Commission, Deficits, Erskine Bowles, Fairness, Hysteria, Jan Schakowsky, Nonsense, Social Security, Taxes, The Rich
Jan Schakowsky is really one of my favorite elected leaders. I wish she had run for the U.S. Illinois Senate seat in 2010 but she continues to carry the torch in the House. Yesterday, she unveiled a serious proposal to tax the richest people in the country–as a response to the rising rhetorical nonsense coming [...]
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Posted on 10 March 2011. Tags: Alan Simpson, Catfood Commission, Debt, Deficit Commission, Deficits, Democrats, Erskine Bowles, Hysteria, Mark Warner, Nonsense, Social Security, Tax Cuts
I feel almost like this will be a full-time job for many of us: trying to undo the stupidity racing throughout the political leadership when it comes to the foolish belief that we have some deficit or debt crisis. WE DON’T. It’s phony. And the belief in the phony "crisis" is literally going to kill [...]
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Posted on 22 December 2010. Tags: Alan Simpson, Catfood Commission, Debt, Deficit Commission, Deficits, Erskine Bowles, Hysteria, Mark Warner, Nonsense, Social Security, Tax Cuts
You all know, just by looking over here to the right, what I think about the phone deficit-debt scam. And, trust me, you ain’t see nothing yet when it comes to hyperbole and nonsense. A whiff comes in today’s Wall Street Journal: Sens. Saxby Chambliss and Mark Warner said Monday they would introduce legislation [...]
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Posted on 04 December 2010. Tags: Alan Simpson, Catfood Commission, Debt, Deficit Commission, Deficits, Erskine Bowles, Financial Crisis, Hysteria, Jan Schakowsky, Nonsense, Peter Peterson, Social Security, Tax Cuts, Xavier Becerra
What a waste of time. They can now drift into obscurity. But, after listening to the self-congratulations of many of the members of the Catfood Commission, all I can say is: we have a long task ahead to turn around the country to get back to reality. Here was the opening nonsense that I [...]
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Posted on 03 December 2010. Tags: Alan Simpson, Catfood Commission, Debt, Deficit Commission, Deficits, Erskine Bowles, Financial Crisis, Financial Transaction Tax, Health Care, Hysteria, Maria Bartiromo, Military Budget, Nonsense, Peter Peterson, Single Payer, Social Security, Tax Cuts
Over the past three days, we’ve looked at the phony deficit crisis withe excerpts from my new book, "It’s Not Raining, We’re Getting Peed On: The Scam of the Deficit Crisis", here (from the introduction), here (a taste of the the very Stupid Statements made about the deficit and debt) and here (who is behind [...]
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Posted on 02 December 2010. Tags: Alan Simpson, Catfood Commission, Debt, Deficit Commission, Deficits, Erskine Bowles, Financial Crisis, Hysteria, Nonsense, Peter Peterson, Social Security, Tax Cuts
In the last two days, I’ve written about the phony deficit/debt "crisis" here and here, using excerpts from my new e-book, "It’s Not Raining, We’re Getting Peed On: The Scam of the Deficit Crisis". Today, as the Catfood Commission unveiled its final report, I’ll continue by looking at some of the people behind pushing [...]
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Posted on 01 December 2010. Tags: Alan Simpson, Catfood Commission, Debt, Deficit Commission, Deficits, Erskine Bowles, Financial Crisis, Hysteria, Nonsense, public employees, Social Security, Tax Cuts
Yesterday, I kicked off a series of posts about the phony deficit/debt "crisis" with an excerpt from the introduction to my new book, "It’s Not Raining, We’re Getting Peed On: The Scam of the Deficit Crisis". Today, I’ll continue with a part from the first chapter called, "Stupid Statements". In honor of the mind-boggling [...]
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Posted on 30 November 2010. Tags: Alan Simpson, Catfood Commission, Debt, Deficit Commission, Deficits, Erskine Bowles, Hysteria, Nonsense, Social Security, Tax Cuts
The government’s deficit and debt are not a big crisis. It’s not even a little crisis. It’s not a crisis at all. What is most disturbing is how many liberals/progressives have thrown in the towel and are basically taking the line "there is a crisis but we have a better way of dealing with it". [...]
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Posted on 27 November 2010. Tags: Alan Simpson, Assets, Debt, Deficit Commission, Deficits, Erskine Bowles, Financial Times, Hysteria, Martin Wolf, Nonsense, Tax Cuts
This coming week, the drumbeat will get louder with the rhetoric about the phony government debt/deficit "crisis". I’ll be writing more about this in conjunction with my new book, "It’s Not Raining, We’re Getting Peed On: The Scam of the Deficit Crisis". Today, I thought I’d focus on this specific point: debt is not a [...]
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Posted on 19 November 2010. Tags: Alan Simpson, Debt, Deficit Commission, Deficits, Erskine Bowles, Hysteria, Nonsense, Social Security, Tax Cuts
Frankly, this is good news: WASHINGTON—The bipartisan commission examining how to cut the federal debt ended three days of closed-door meetings Thursday without a firm agreement among its 18 members, with several saying the panel was still at odds over how to contain the ballooning costs of health care. The Commission should just [...]
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