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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPelosi will be going for austerity in the lame duck session
Tell her that this is NOT acceptable!
Nancy Pelosi (D-CA), House Democratic Leader
http://www.democraticleader.gov/contact
Office of the Democratic Leader
H-204, US Capitol
Washington, DC 20515
(202) 225-0100 - ph
Senator Dick Durbin (D-IL)
309 Hart Senate Bldg.
Washington, DC 20510
202-224-2152 - ph
202-228-0400 - fx
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.
Pelosi's long been considered the House's liberal lion, and she's dedicated her career to public service. Rubin, on the other hand, used his time in office to deregulate Wall Street and loosen merger rules to allow the formation of Citigroup. Then he made a massive fortune working in Wall Street's deregulated environment as a senior executive for ... Citigroup.
Pelosi and Durbin, along with Rubin and Dimon, are pushing a misguided austerity plan that's being planned as a "December surprise" for the American people. Anybody who cares about our economic security - or the future of the Democratic Party, for that matter - should be trying to stop them.
chknltl
(10,558 posts)BlueIris
(29,135 posts)Not surprised, though.
jtuck004
(15,882 posts)I mean Joseph Goebbels.
I get those two confused.
deutsey
(20,166 posts)Anyone who's been paying any attention over the past decade or so.
Pelosi lost me when she asserted that prosecuting the Bush Cabal was 'off the table.'
AnotherMcIntosh
(11,064 posts)tclambert
(11,087 posts)The guy who's been right about everything? The guy who cites the history of when we did all this before? And what happened in 1937?
They don't want to listen to Krugman! Nothing should stop their hedonism; nothing! The Amassing Wealth Juggernaut is much more important than the Hoi Polloi!
At this point, I wonder if social order will disintegrate as our global economy tanks...
sendero
(28,552 posts)Both parties are doing the bidding of the rich. You can slice it and dice it all you want, when it comes down to economic policy there is almost no difference between the Democrats (who never saw a banker they didn't like) and the Republicans (who never saw a banker they didn't like).
The Dodd-Frank (Democrats, yes?) bill is a JOKE that is going to do NOTHING WHATSOEVER to stop the next leg down of this bullshit. Obama and Clinton are defending Bain Capital. They all get their money from the same place and that is all that matters.
RandiFan1290
(6,239 posts)Last edited Fri Jun 1, 2012, 09:06 AM - Edit history (1)
You will never see Boehner act this subservient:
AnotherMcIntosh
(11,064 posts)Inuca
(8,945 posts)COmpletely silly! Is it the 2nd picture, the fact that she dared to smile when Bush was near, whatever the context? Ot you mean that Boehner will never walk that way with Obama (unless it is suddenly revealed that they are both gay)?
ProfessionalLeftist
(4,982 posts)Let me tell you - from an economist - why this is not acceptable - and why it will not work for America:
"an economy is *not* like an indebted family"
"So what happens if everyone simultaneously slashes spending in an attempt to pay down debt? The answer is that everyones income falls my income falls because youre spending less, and your income falls because Im spending less. And, as our incomes plunge, our debt problem gets worse, not better.
This isnt a new insight. The great American economist Irving Fisher explained it all the way back in 1933, summarizing what he called debt deflation with the pithy slogan the more the debtors pay, the more they owe. Recent events, above all the austerity death spiral in Europe, have dramatically illustrated the truth of Fishers insight.
And theres a clear moral to this story: When the private sector is frantically trying to pay down debt, the public sector should do the opposite, spending when the private sector cant or wont. By all means, lets balance our budget once the economy has recovered but not now. The boom, not the slump, is the right time for austerity.
So the austerity drive in Britain isnt really about debt and deficits at all; its about using deficit panic as an excuse to dismantle social programs. And this is, of course, exactly the same thing that has been happening in America."
--Paul Krugman - an ECONOMIST (not a corporate/Wall St. schmuck or a politician)
With all due respect, Ms. Pelosi, I strongly suggest we listen to economists on this and not those with political or profitmaking agendas.
Thank you for considering my message.
eridani
(51,907 posts)And get your friends to do likewise.
99Forever
(14,524 posts)... hitting me up for donations. I prefer she and hers take the "austerity" high road. They get nothing from me, just like we get nothing from them.
bvar22
(39,909 posts)...when she was the Liberal Congresswoman from the 8th District in California.
Then, in 2006, she parlayed her Congressional Seat into a Seat at the RICH MAN's Table,
got an extreme Face Lift that stretched her brain to The Right,
and she has NEVER looked back.
Paulson with Co-Conspirators
[font size=5]Now THIS is Bi-Partisanship!
Better get Used to It!
Hahahahahahahahaha![/font]
You will know them by their WORKS,
not by their excuses.
[font size=5 color=green]Solidarity99![/font][font size=2 color=green]
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nashville_brook
(20,958 posts)ugh.
FSogol
(45,524 posts)Pelosi's record speaks for itself.
chervilant
(8,267 posts)let's keep alive that 'vote for the lesser of two evils' meme. I have a plethora of friends who intend to skip the election, because "Obama and Romney are both digusting." When I hear this from my Democratic friends, I worry that too many Democrats nationwide will opt out of the upcoming election.
(If you have *ANY* suggestions for ways to encourage angry and disenfranchised Dems--I have tried everything I can think of--I'm listening...)
FSogol
(45,524 posts)They are nothing more than malcontents that want to whine their both-parties-are-the-same mantra while being too lazy to get off their asses and make changes. If someone hates politics and doesn't want to vote, that's fine, but if they remove themselves from the process, they lose their right to whine and complain. My friends (and I have them across the political spectrum) all vote. I refuse to listen to the whining of those who don't vote. What was it that Hunter S. Thompson said? "I piss down their throats and don't care if they like it?"
frylock
(34,825 posts)FSogol
(45,524 posts)Not helping, FSogol. Our party is hemorrhaging members, and the Party Platform is disintegrating. Are we supposed to suck it up and pretend that everything is copacetic?
(I have to wonder if any of your friends are ducking out of the voting booth, but alleging they've done their civic duty...)
FSogol
(45,524 posts)I have three personal acquaintances who've said they won't be supporting the Democratic Party any longer. They've made noises about skipping the election entirely.
Let's say, for argument's sake, that every other Democrat in the nation has only one friend who's disenchanted with Obama and/or the Democrats. Maybe, we should say every fifth Democrat? That's still a lot of people who are considering leaving the party, if they haven't already gone.
(Patriotism...the last refuge, and all that...)
eridani
(51,907 posts)chervilant
(8,267 posts)along with the electronic voting machines, is the reason why the election is merely a distraction--to keep the Hoi Polloi deluded into believing we still have an active voice in who will be our President.
Would that we could work together--regardless of party affiliation--to rescue this democracy. If we could harness all that anger and resentment and divisiveness, and channel it into action...a girl can dream.
Autumn
(45,120 posts)they should be bashed and bashed good . fuck that shit.
FSogol
(45,524 posts)that will meet your high standards.
Autumn
(45,120 posts)But any Democrat who is going to push a fucking ignorant repuklican point of view is going to be "bashed", as you so quaintly call it by me. I don't give a shit if it's election season or not. A good idea for people like you, would be to maybe try to raise your standards. I have no intention of lowering mine. That's as honest as I can be.
Totally agree.
Autumn
(45,120 posts)someone pushing the republican values and platform and keep my mouth shut because it's an election year. That's one of the most stupidest, piss poor excuses they have. If Democratic leaders lose an election, it's on their heads for going along with the idiot pukes.
frylock
(34,825 posts)some folks would like limit our critcism to about a 3-hour window sometime in late november. FTS.
rhett o rick
(55,981 posts)into our tent.
kenny blankenship
(15,689 posts)When they aren't actively colluding and shielding the criminal class that wrecked our economy and pushed the middle class to the verge of poverty and the pushed the poor into a living hell, they are endorsing and reinforcing Reagan-Thatcher predator ideology.
Two Republican Parties is two too many.
spanone
(135,862 posts)eridani
(51,907 posts)In which alternate universe?
FSogol
(45,524 posts)make your link "Meet the Press" related.
In most Universes.
eridani
(51,907 posts)--of pushing for austerity by Pelosi and Durbin. This is not the only article reporting this.
pa28
(6,145 posts)Now both deficit reduction plans on the table contain massive tax cuts for the wealthiest. I treasure these moments of bi-partisan agreement.
girl gone mad
(20,634 posts)Prepare.