Sen. Bernie Sanders Explains What Extending the Bush Tax Cuts Means To You & Your Children

[Chisox08]

Run time: 14:01 https://www.youtube.com/watch?v=p99vUMrwDbA   Posted on YouTube: December 14, 2010 By YouTube Member: MOXNEWSd0tCOM Views on YouTube: 190   Posted on DU: December 14, 2010 By DU Member: Chisox08 Views on DU: 923

 
Go Sen. Sanders.
Tax Cuts for the rich does not work. It had ten years to work and it failed.

[emilyg]

1. Thanks.

[pam4water]

2. Austan Goolsbee, Obama's Chairman of the Council of Economic, is on leave from the Univ. of Chicago.

That says it all right there. Milton Friedman's own toxin spreading economics department.

[LongTomH]

6. Naomi Klein warned us about this in 2008

From Naomi's website: Obama's Chicago Boys:

Barack Obama waited just three days after Hillary Clinton pulled out of the race to declare, on CNBC, "Look. I am a pro-growth, free-market guy. I love the market."

Demonstrating that this is no mere spring fling, he has appointed 37-year-old Jason Furman to head his economic policy team. Furman is one of Wal-Mart's most prominent defenders, anointing the company a "progressive success story." On the campaign trail, Obama blasted Clinton for sitting on the Wal-Mart board and pledged, "I won't shop there." For Furman, however, it's Wal-Mart's critics who are the real threat: the "efforts to get Wal-Mart to raise its wages and benefits" are creating "collateral damage" that is "way too enormous and damaging to working people and the economy more broadly for me to sit by idly and sing 'Kum-Ba-Ya' in the interests of progressive harmony."

Obama's love of markets and his desire for "change" are not inherently incompatible. "The market has gotten out of balance," he says, and it most certainly has. Many trace this profound imbalance back to the ideas of Milton Friedman, who launched a counterrevolution against the New Deal from his perch at the University of Chicago economics department. And here there are more problems, because Obama--who taught law at the University of Chicago for a decade--is thoroughly embedded in the mind-set known as the Chicago School.

It's worth reading the whole article: http://www.naomiklein.org/articles/2008/06/obamas-chicago-boys

Countdown was great last night! Keith was kicking ass and taking names all night!

[midnight]

3. A Warning for America’s Ruling Classes, from the Soviets

The Democratic Party’s latest slogan, which translates to “Beware the Scary Republicans; They Suck More!” was so inspirational it lost control of the House last month, and would also have lost the Senate had it not been for genuine Republican nutcases in Colorado, Nevada, and Connecticut.

The Republicans demand a balanced budget while refusing to raise taxes on those who can most afford them, though they have no problem with cutting wages, benefits, or encouraging layoffs of the working, middle, and even professional classes. They have no problem hurting those for whom the system used to work in order to send even more money into the clutches of the new aristocracy that they really represent. In historical terms, for the most part the Republicans are even more idiotic than the Democrats.

We spend hundreds of billions a year to maintain our own global Empire, but the ruling classes don’t want to pay for that themselves and are only able to extract so much from the rest of us, which still won’t be enough.http://my.firedoglake.com/ohiogringo/2010/12/11/a-warning-for-americas-ruling-classes-from-the-soviets/

[AlbertCat]

4. The Republicans demand a balanced budget while refusing to raise taxes

This, and the refusal to cut Defense spending and no minimum corporate tax, PROVES they are not serious about the deficit. Dick Cheney's statement is what they really believe: "Deficits don't matter". It's obvious to my cat, but not to selfish spoiled Americans who don't know where their "good fortune" comes from.... taxes.

[subterranean]

5. "I can confidently say that." Those are the weasel words.

Obama seems incapable of making a definitive statement about any of his policies. He always leaves the door open for compromise (unless, of course, he's dealing with progressive Democrats).