President Obama charges Republicans want to 'accelerate' income inequality

[cal04]

http://politicalticker.blogs.cnn.com/2013/09/15/obama-charges-republicans-want-to-accelerate-income-inequality/

President Barack Obama positioned himself as a president fighting against income inequality, while accusing some Republicans of wanting to "accelerate" a trend that shows the wealthiest Americans reaping most of the benefits in the slow-growing economy.

"You've got a portion of Congress whose policies don't just want to, you know, leave things alone, they actually want to accelerate these trends," Obama said in an interview aired Sunday on ABC's "This Week with George Stephanopoulos." The interview was recorded on Friday.

The president was responding to a question about a recent University of California, Berkeley, study that found 95% of income gains from 2009 to 2012 went to the top 1% of earners. In short, the study found, the slow economic growth the United States has experienced since the economic crash of 2008 has primarily favored top earners, while incomes for the vast majority of people have stagnated.

(snip)
"There's no serious economist out there that would suggest that, if you took the Republican agenda of slashing education further, slashing Medicare further, slashing research and development further, slashing investments in infrastructure further, that that would reverse some of these trends of inequality," Obama said.

Full Transcript: President Obama Speaks Exclusively to George Stephanopoulos on ‘This Week’
http://abcnews.go.com/blogs/politics/2013/09/full-transcript-president-obamas-exclusive-interview-with-george-stephanopoulos/

[woo me with science]

1. Words against everything they stand for. Actions?

Study:

Obama's Budget Slashes LIHEAP funds
http://www.democraticunderground.com/10022653463

"Trade" Deal Would Mean a Pay Cut for 90% of U.S. Workers
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Obama Appoints Bain Capital Consultant Jeff Ziets to Top Post
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Obama selects former Monsanto lobbyist to be his TPP chief agriculture negotiator
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White House: No Subsidies for Union Health Plans
http://www.democraticunderground.com/1014594512

Larry Summers Gets 'Full-Throated Defense' From Obama In Capitol Hill Meeting
http://www.democraticunderground.com/1014553343#post1

This is a complete list of Wall Street CEOs prosecuted for their role in the financial crisis
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Wall Street will get away with massive wave of criminality of 2008 - Statute of Limitations
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BILLIONAIRE PENNY PRITZKER BREAKS INTO OBAMA'S CABINET!
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In Case You Missed This... And You Should Not... 'Wall Street Wins Again' - Salon
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Obama Administration Asks Banks to Regulate Their Own Foreclosure Abuses
http://www.democraticunderground.com/10022385094

The Untouchables: How the Obama administration protected Wall Street from prosecutions
http://www.democraticunderground.com/10022246632

NYT: Obama's regulators to let banks off easy for massive foreclosure fraud
http://www.democraticunderground.com/10022142128

Taibbi "Outrageous HSBC Settlement Proves Drug War is a Joke" How much do we waste on the Drug War?
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Taibbi on the Foreclosure Fraud Settlement- Robosigning will Continue,getting caught now inexpensive
http://www.democraticunderground.com/10022143174

NYT slams the government for choosing not to prosecute HSBC top-bankers
http://www.democraticunderground.com/10021965407

Shouldn't someone go to prison for this?
http://www.democraticunderground.com/10021968053

Commentary: Why isn’t Obama demanding corporate welfare cuts?
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Predatory lending is still going on
http://www.democraticunderground.com/10021888137


Matt Taibbi: Justice Department's New Get-Tough Policy Is, Well, Not
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HSBC Walks: Obama Administration Refuses to Charge Criminal Bank
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Why is the Obama administration backing Shell Oil over the victims
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Obama Is on the Brink of a Mortgage Settlement With the Big Banks
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Obama to Grant Banks Robosigning Immunity
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Obama's Justice Department Rushes to the Rescue of
http://blackagendareport.com/content/obamas-justice-department-rushes-rescue-libor-criminals

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Papantonio: PBS Documentary Uncovers Obama Complacency In
http://www.democraticunderground.com/101794584

Bank of America gets more secret bailouts
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Another give away to the banks
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http://www.democraticunderground.com/10022405613

Bernie Sanders: Chained CPI: An economic and moral disaster
http://www.democraticunderground.com/10022381690

Privatization, Corporatism Pervade Obama's State of the Union Address
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Obama Says Medicare and Social Security Cuts Still on the Table
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Obama Administration Considers Joining Publishers In Fight To Stamp Out Fair Use At Universities
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Strong indications that Obama really does want to cut Social Security benefits
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When Do Low-Income Americans Get Their White House Meeting?
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Dennis Kucinich accuses the US government of creating a manufactured crisis
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http://www.democraticunderground.com/10022115254

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http://www.democraticunderground.com/10022103860

Pres Obama: David, in pursuit of strengthening SS, I'm willing to cut SS benefits
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Why is Social Security Under Attack from Obama, when it ADDS NOTHING to the deficit???
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Dennis Kucinich on the "Fiscal Cliff": Why Are We Sacrificing American Jobs for Corporate Profits?
http://www.democraticunderground.com/10022088215

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http://www.democraticunderground.com/10022050249

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http://www.democraticunderground.com/10022021626

Robert Reich "we should be cutting military spending & Corporate welfare"
http://www.democraticunderground.com/10022045904


President Obama Offered More Cuts To Social Security Benefits Than To The Pentagon
http://www.democraticunderground.com/10022037665

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http://www.democraticunderground.com/10022030190

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The “Fiscal Cliff” Scam to Maintain Low Tax Rates on the Rich
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David Plouffe and a grand bargain
http://www.democraticunderground.com/10021886737

Robert Reich: Why is the White House’s Council of Economic Advisers Helping the Republicans?
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How Obama moved the tax debate to the right - Ezra Klein ...
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http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x393398

Obama to cut services to poor urban Americans, budget director notes
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President's Budget Shreds Hope for Low-Income Americans ...
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The collapsing middle class- now they are going after pensions ...
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Obama signs bill cutting 2.2 billion from food stamps
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Did Obama say that Medicare is the biggest contributor to the deficit ...
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Explaining the Pure Cruelty of Obama's Gimmick, " Chained CPI "
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President Obama's Speech On Fiscal Cliff -
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The Trans-Pacific Partnership: This Is What Corporate Governance Looks Like
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Why So Secretive? The Trans-Pacific Partnership as Global Coup
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So the new immigration bill would increase visas for high tech jobs. How will this help us again? -
http://www.democraticunderground.com/10022281889

Obama's TPP Disaster
http://www.democraticunderground.com/101734264

[pa28]

4. He's a champion for income inequality.

In a way completely at odds with his words.

[indepat]

6. Houston, is not a pattern emerging here?

[riqster]

2. A good interview overall.

Thanks for posting!

[FreakinDJ]

3. Then why doesn't Obama ACTUALLY DO SOME THING ABOUT IT

Fuck - I've had it with "Lip Service" and useless rhetoric.

If he actually felt that way then Why endorse Larry Summers for Fed Chair, Ok the $85 Billion per month of Toxic Asset purchases, allow the SEC or the Justice Dept. to accept "No Fault Settlements" for trading improprieties.

ALL of that contributes to Wall St. and Corporate America's Rape of the Working Class

Honestly - that post surmounts to Beavis and Butt-Head sitting on a couch going "hu hu huh He said Income Inequality - get it, Huh huh huh"

[woo me with science]

5. Oh, he's doing a lot

for those he *actually* represents.