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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTell the DNC to oppose Simpson-Bowles austerity bullshit
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http://www.huffingtonpost.com/2012/04/27/nancy-pelosi-simpson-bowles-social-security-medicare_n_1453323.html?ref=email_share
WASHINGTON -- Two progressive organizations have found themselves in the unusual position of being on the opposite side of House Democratic Leader Nancy Pelosi. Over the course of the past two years, the former House Speaker has been the most significant obstacle to the ongoing effort to slash entitlements and cut social spending.
But a series of recent comments, and reports that Pelosi was willing to accept draconian cuts as part of a debt-ceiling deal, have liberals worried that their most powerful and passionate defender may be buckling on the issue.
During a recent press conference, and again during an interview with Charlie Rose, the California Congresswoman said that she would support what's known as the Simpson-Bowles plan, a budget proposal that was created by the co-chairs of a fiscal commission set up by President Obama (dubbed the "Catfood Commission" by progressives). The plan was rejected by members of the commission, failing to win the necessary votes to move to a vote in Congress. Yet the co-chairsformer Republican Sen. Alan Simpson of Wyoming and Morgan Stanley director Erskine Bowles, a Democrathave worked recently to revive it, and the political class speaks of it as if it passed and is an official recommendation of the commission.
At the end of March, a version of the Simpson-Bowles plan was given a vote on the House floor. It was annihilated, 382-38, with Pelosi and most Democrats voting against it.
http://ourfuture.org/blog-entry/2012052230/december-surprise-rubin-pelosi-wall-street-dc-dems-are-pushing-post-election-a
On a recent Meet the Press face-off between Democrats and Republicans, a politician claimed we urgently need to cut government spending. He embraced a plan to slash vital government programs and gut retirement security, while actually cutting taxes for the rich. The only tax hikes in his plan were targeted toward the already-devastated middle class.
Then it was time for the Republican to speak.
Who'd have thought it? Progressive stalwarts like Minority Leader Nancy Pelosi and Sen. Dick Durbin are pushing the same radical austerity plan as Jamie Dimon, CEO of troubled megabank JPMorgan Chase, and Robert Rubin, the Clinton Treasury Secretary who represents everything that's broken about the Wall Street/Washington axis.
still_one
(92,216 posts)Trillion dollar wars
This is one of many reasons I do not donate to the DNC
At this stage the only thing they will get from me is my vote
If they want my money then they had better protect Demoratic values
eridani
(51,907 posts)That's what I tell DMC and DSCC that I will do instead of donate to them. Please forward the link and ask everyone you know to give DNC hell about "austerity."
Swede Atlanta
(3,596 posts)they are as bad as the repukkes......
Donate to individual candidates or other organizations that truly support progressive causes such as MoveOn, etc. The DNC is a corrupt group beholden to their own personal interests. Never, never support them.
RB TexLa
(17,003 posts)eridani
(51,907 posts)Only in boom times.
RB TexLa
(17,003 posts)eridani
(51,907 posts)Without discretionary income to spend for most people, the economy would be in the dumpster permanently.
girl gone mad
(20,634 posts)Like saying the best time to go on a diet is when you're starving to death.
Zalatix
(8,994 posts)Not so great for maintaining a civilized society.
HiPointDem
(20,729 posts)Zalatix
(8,994 posts)sabrina 1
(62,325 posts)It should never have been applied to the working class, their lives are austere enough and have been for decades now. They did not cause the meltdown, the Wall Street Gamblers are responsible for that and it is they who should have to give up a little of their ill-gotten money.
The money didn't disappear, so where is it? It's been taken from the people and handed over to the criminals who caused the problems in the first place and who are using it to give themselves multi-million dollar bonuses. Austerity means 'make the little people pay for the gambling debts of Wall Street'. And we only have to look at Europe to see how it works. Not that anyone needed such a tragic example. Anyone with a brain cell working knew it was a failed policy.
HiPointDem
(20,729 posts)be the only folks who won't.
Egalitarian Thug
(12,448 posts)Rant deleted because it's pointless arguing with true believers.
Zalatix
(8,994 posts)eridani
(51,907 posts)She has publicly stated a willingness to go along with it this year.