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TomCADem

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Member since: Thu May 7, 2009, 11:59 PM
Number of posts: 17,001

Journal Archives

Sanders criticizes Warren's health care plan: 'I think we have a better way'

Bernie has a better way, but like Trump, he won't tell you his secret plan until after you elect him President.

Remember when Bernie Sanders found his inner Republican and attacked Elizabeth Warren for the costs of her Medicare for All Plan and for raising taxes to pay for her plan? Yet, to this date, Bernie has still refused to discuss costs or provide any detail regarding how he would pay for his proposals.

https://www.cnn.com/2019/11/03/politics/bernie-sanders-elizabeth-warren-health-care-plan/index.html

Vermont Sen. Bernie Sanders criticized his 2020 presidential rival Sen. Elizabeth Warren's funding plan for "Medicare For All," calling his plan "more progressive" and squaring up the two most progressive candidates in the race for the Democratic nomination to do what neither of them have wanted to do: draw distinctions between each other.

Sanders, who has centered his candidacy around the fight for his single-payer Medicare for All legislation, told ABC News in an interview published Sunday that although he and Warren believe everyone should have health care, they differ on how to fund it. Her plan, he also said, would "have a very negative impact on creating jobs."

"We do disagree on how you fund it," Sanders told ABC News. "I think the approach that (I) have, in fact, will be much more progressive in terms of protecting the financial well being of middle income families."

Sanders specifically criticized the Massachusetts senator's nearly $9 trillion tax on employers. "I think that that would probably have a very negative impact on creating those jobs," Sanders said of the tax Warren's plan calls an "employer Medicare contribution." "Or providing wages, increased wages and benefits for those workers."


How Trump's three years of job gains compares with Obama's

Of course, President Obama took office in the midst of the worse economic crisis since the Great Depression.

https://www.msn.com/en-us/money/markets/how-trumps-three-years-of-job-gains-compares-with-obamas/ar-BBZJapN?ocid=spartanntp

President Donald Trump says he is particularly pleased with the jobs created during his three years in office. "We're producing jobs like you have never seen before in this country," he said during a recent speech in Michigan.

But you don't have to go back far to find three years of better job growth. Just to back to the previous three years under Barack Obama.

During Trump's first 36 months in office, the US economy has gained 6.6 million jobs. But during a comparable 36-month period at the end of Obama's tenure, employers added 8.1 million jobs, or 23% more than what has been added since Trump took office.

The average monthly gain so far under Trump is 182,000 jobs. During the last 36 months under Obama, employers were adding an average of 224,000 jobs a month.

Bernie Sanders Says U.S. Can't Have 'Open Borders' Because Poor People Will Come"

The study in the OP makes clear that Bernie Sander is just wrong when he blames immigrants from coming to take away benefits from American workers. This is just wrong. To the contrary, immigration has helped to fund social security because immigrant communities tend to be younger, which helps generate a tax base to fund social security.

Instead of acknowledging this, Bernie has continued to scapegoat immigrants even during the current election cycle.

https://www.newsweek.com/bernie-sanders-open-borders-poverty-world-immigration-1388767

Senator Bernie Sanders pushed back to clarify his position on immigration on Sunday after he was asked in Iowa about his reported support for open borders.

"I'm afraid you may be getting your information wrong," said Sanders, an independent from Vermont who is currently seeking the Democratic nomination to unseat President Donald Trump in 2020, The Washington Post reported. "I think what we need is comprehensive immigration reform," he said.

"Oh my god, there's a lot of poverty in this world, and you're going to have people from all over the world. And I don't think that's something that we can do at this point. Can't do it," the senator added.

* * *
Some immigration advocates and progressives have pushed for open borders, however, and many were quick to criticize Sanders's response on social media. Many said he sounded like Trump on immigration, while others argued that the U.S., as a wealthy nation, should show more concern about the plight of migrants.

How Bernie's Efforts to Restrict Immigration Harm Social Security

On this board today, Bernie supporters have defended Bernie's long history of trying to restrict immigration, which most notably included his opposing to comprehensive immigration reform in 2007, which would have provided a path to citizenship for millions of undocumented immigrants. We also see dozens of post painting Bernie Sanders as a defender of social security.

Yet, what is missing from the discussion is how both documented and undocumented immigrants have helped fund social security. As explained in this demographic study from 2005/2006, "Because immigrants tend to be younger and have higher fertility rates than the general population, immigration mitigates the aging of the population. Without immigration the aging trend would be more pronounced.

In other words, rather than blaming immigrants for the troubles faced by the American Working Class, Bernie should be thanking immigrants for their contributions. Our nation was built by immigrants. There is nothing incompatible with supporting American workers and supporting immigrants.

https://www.ssa.gov/policy/docs/ssb/v66n4/v66n4p37.html

Coping with the Demographic Challenge: Fewer Children and Living Longer (Social Security Bulletin, Vol. 66, No. 4, 2005/2006)

Due to demographic changes, the U.S. Social Security system will face financial challenges in the near future. Declining fertility rates and increasing life expectancies are causing the U.S. population to age. Today 12 percent of the total population is aged 65 or older, but by 2080, it will be 23 percent. At the same time, the working-age population is shrinking from 60 percent today to a projected 54 percent in 2080. Consequently, the Social Security system is experiencing a declining worker-to-beneficiary ratio, which will fall from 3.3 in 2005 to 2.1 in 2040 (the year in which the Social Security trust fund is projected to be exhausted). This presents a significant challenge to policymakers.

One policy option that could help keep the Social Security system solvent is to reduce retirement benefits, either by raising the normal retirement age or through life expectancy indexing, to reflect the fact that people are living longer. However, these reductions in benefits have the potential to harm economically vulnerable retirees. Other options, such as progressive price indexing proposals, explicitly protect the retirement benefits of low lifetime earners. Still other options would seek to raise additional revenue for the system.

Since individuals will be living longer in retirement, many policymakers believe it is important to encourage older workers to delay retirement so that they can maintain a quality standard of living throughout their retirement. One proposal to encourage continued work would be to increase the early eligibility age for Social Security benefits from age 62 to age 65. This could possibly hurt individuals who need to retire from physically demanding jobs but would ensure that people receive higher benefit amounts once they were able to fully retire.

Other proposals that could promote more work at older ages include expanding phased retirement options and reforming pension and defined contribution systems to create incentives to work and save.

* * *

Immigration also plays a role in the age structure of the population. Compared with earlier decades, net immigration has increased in recent years (Table 2). Because immigrants tend to be younger and have higher fertility rates than the general population, immigration mitigates the aging of the population. Without immigration the aging trend would be more pronounced.

Bernie Is Stealing Trump's Campaign Playbook - Polls and Fake News

Look at this Board. Most Pro-Bernie threads consist of:

1. Bashing the media complaining about bias when he is covered or a Bernie blackout when he is not; or

2. Talking about polls that show him in the lead.

Who does that remind you of? The Bernie revolution is just warmed over Trump style populism built on attacking the "Democratic Establishment."

We need to get away from the status quo and elect a Democrat that can address and inform the people and elevate the political dialogue, rather than replicate and validate Republican talking points regarding Fake News, polls and Democrats.

We need a movement that empowers and informs the people, rather than one built around unquestioning devotion to a personality.

WaPo - Federal government has dramatically expanded exposure to risky mortgages

Here is just another example of how the Trump administration has been trying to artificially goose the economy by returning to the liar loan days of the Bush administration.

https://www.msn.com/en-us/money/realestate/federal-government-has-dramatically-expanded-exposure-to-risky-mortgages/ar-AAIcp3f

The federal government has dramatically expanded its exposure to risky mortgages, as federal officials over the past four years took steps that cleared the way for companies to issue loans that many borrowers might not be able to repay.

Now, Fannie Mae, Freddie Mac and the Federal Housing Administration guarantee almost $7 trillion in mortgage-related debt, 33 percent more than before the housing crisis, according to company and government data. Because these entities are run or backstopped by the U.S. government, a large increase in loan defaults could cost taxpayers hundreds of billions of dollars.

* * *

In 2019, there is more government-backed housing debt than at any other point in U.S. history, according to data from the Urban Institute. Taxpayers are shouldering much of the risk, while a growing number of homeowners face debt payments that amount to nearly half of their monthly income, a threshold many experts consider too steep.

Roughly 30 percent of the loans Fannie Mae guaranteed last year exceeded this level, up from 14 percent in 2016, according to Urban Institute data. At the FHA, 57 percent of the loans it insured breached the high-risk echelon, jumping from 38 percent two years earlier.

Nixon Was The First President Known To Pressure BLS to Manipulate Econ Data. What About Trump?

As Trump celebrates BLS labor data suggesting that unemployment is down even as the economy slows and record numbers of people are homeless, this reminds me of relatively small Trump scandal early in the Trump presidency when he appointedFred Malek. Who is Fred Malek?

Well, Fred Malek was infamous because he counted the Jews in the Bureau of Labor Statistics so President Nixon could demote them because Nixon believed that they were cooking the BLS's economic stats to make him look bad. So, Nixon asked Fred Malek, a future Trump appointee, to identify and demote Jews and Democrats in the Bureau of Labor Statistics in an effort to pressure the BLS to publish more favorable economic data?

Could it happen again? Or, do we think that Trump has more scruples and is less racist than Nixon?

https://slate.com/news-and-politics/2007/09/nixon-s-jew-count-the-whole-story.html

Our story begins on the afternoon of July 2, 1971. President Richard Nixon is angered to read in the Washington Star that the Bureau of Labor Statistics has downplayed a drop in the unemployment rate from 6.2 percent to 5.6 percent, attributing it to a statistical quirk. (For details about the BLS interpretation, which was routine and unexceptional, see Hughes’ “Nixon vs. the Imaginary Jewish Cabal,” posted Sept. 24 on the Web site History News Network.) We join Nixon as he is talking to White House aide Charles Colson. (This is from a newly released Miller Center transcription.)

Colson: We’ve got the headline of the Star tonight, looking—Nixon: Yeah, well, they’d have to, wouldn’t they? Colson: They did. They threw in their line that maybe it’s a statistical fluke, which some damn fool at the Labor Department said, but … if I can find out who it is, he’ll be the first one of the casualties of the Lord High Executioner. (He chuckles.)Nixon:Well, did—somebody at the Labor Department said it was a statistical fluke? Colson: Yes, sir. We’ll— [Four-second “privacy” excision]Nixon: Yeah. Colson: It’s typical of what these bastards in the bureaucracy— Nixon: I want—I want—I want—really now, we told everybody that’s supposed to be here. Now, I’d find out, and then he’s got to be fired. Colson: That’s right. You— Nixon: If he said it. I gave the orders. It was clear. Didn’t I? Colson: Oh, absolutely.


“He” turned out to be Harold Goldstein, assistant commissioner of labor statistics. According to Hughes, Nixon had been wanting to fire Goldstein since the previous January, when Goldstein had publicly (and correctly) termed an unemployment drop of two-tenths of 1 percent “marginally significant.” On July 3, Colson advised Nixon (according to a tape available to Hughes but not yet transcribed) that he demand a reorganization of the BLS. “In the process of reorganizing it,” Colson said, “I think we’ll get this guy’s resignation.” Nixon agreed and called in White House budget director George Shultz and Labor Secretary James Hodgson. “Well,” said Shultz, “I think the only kind of organization that would be sensible under these circumstances is a reorganization that separates Goldstein from the employment, uh, employment figures, and gets him into something else entirely.

* * *

Six weeks pass, and it is Sept. 8, 1971. Malek reports in a memo (previously unpublished; thanks, again, to Kenneth J. Hughes) that he has had “several meetings” with Labor Secretary Hodgson “to convince him of the need for fairly drastic moves.” Six out of nine offices will be combined into an Office of Data Analysis. This will be headed by a “politically sensitive, loyal Republican economist,” presumably one who does not have a mezuzah nailed to his front door. The move will strip the BLS’ deputy commissioner, the unfortunately surnamed Ben Burdetsky, from authority “over the most critical areas.”

In addition, “Harold Goldstein will be moved to a routine, non-sensitive post in another part of BLS. He has been told of this and will move quietly when the reorganization is announced.” Goldstein, too, will be replaced by a “sensitive and loyal Republican,” one who we may assume eats shellfish with a clear conscience. (Goldstein lost some key duties, had a new supervisor placed above him, and decided less than a year later to retire at 57.)

Spy Chief Dan Coats Goes 'Rogue' by Not Validating Trump's Russia Contradictions (2018)

Trump just fired his Director of National Intelligence, Dan Coats. Dan Coats, as you know, was on Trump's shit list for not backing Trump's efforts to cover up for Putin.

http://nymag.com/intelligencer/2018/07/dan-coats-goes-rogue-wont-back-trumps-russia-claims.html?gtm=top

In the aftermath of President Trump’s disastrous performance at his summit with Vladimir Putin on Monday, familiar patterns have emerged. Anonymous White House staffers told Politico that White House morale is now even lower than it was after the last scandal, and some are eyeing the exits — though no one seems interested in resigning in protest. Top Trump aides tried to stake out a position that didn’t anger their boss, yet was still somewhat fact-based and inoffensive.

This is a nearly impossible task. For instance, at the Aspen Security Forum on Thursday, Homeland Security Secretary Kirstjen Nielsen refused to say she agrees with the U.S. intelligence agencies’ conclusion that Russia’s meddling was meant to aid Trump. Then she listed white supremacist violence, Russia election interference, and the Syrian civil war as three examples of situations where you don’t know where to place blame.

“I think what we have seen on the foreign influence side is that they were attempting to intervene and cause chaos on both sides, whether it’s in Charlottesville — both sides — whether it’s in Syria — both sides,” Nielsen said.

But one administration official decided not to follow this script — and now there’s speculation that he may face consequences for not bolstering Trump’s fictions.

Revelations On the Anti-Christ - Isn't It Funny How Evangelicals Cheer on Trump?

The Bible's end-time prophecies state that religious people—including many self-professed Christians, would be deceived into accepting a counterfeit Christianity, and would oppose many of the teachings of Christ. In that sense, the New Testament states that many Christians would be deceived by a spirit of antichrist.

The Bible does not reveal specifically who the Antichrist is, speaking instead of his corrupt teachings. In 2 Thessalonians 2, Paul prophesied of a “man of sin,” a liar and deceiver whose natural abilities Satan enhances by supernatural power in order to confuse people in the end time. In addition, Revelations refers to a “false prophet” to come at the end time (Revelation 13:1-18; Revelation 16:13; Revelation 19:20). Finally, Revelations describes a great religious leader of the end time: “He had two horns like a lamb and spoke like a dragon” (Revelation 13:11). That is to say, he takes on the image of (or imitates) Jesus Christ (the Lamb of God), but is empowered by Satan. Thus, a counterfeit version of Christianity fulfills the types we read of in the prophecies of Revelation.

Well, I guess it is a good thing that our Evangelical leaders have not been deceived by Trump and have taken a strong, vocal stand against his infidelity, his cruelty, and his hate.

2 Thessalonians 2:1-4:

1Now concerning the coming of our Lord Jesus Christ and our being gathered together to him, we ask you, brothers, 2not to be quickly shaken in mind or alarmed, either by a spirit or a spoken word, or a letter seeming to be from us, to the effect that the day of the Lord has come. 3Let no one deceive you in any way. For that day will not come, unless the rebellion comes first, and the man of lawlessness is revealed, the son of destruction, 4who opposes and exalts himself against every so-called god or object of worship, so that he takes his seat in the temple of God, proclaiming himself to be God.


Revelations 13:11-18:

11Then I saw another beast rising out of the earth. It had two horns like a lamb and it spoke like a dragon. 12It exercises all the authority of the first beast in its presence, and makes the earth and its inhabitants worship the first beast, whose mortal wound was healed. 13It performs great signs, even making fire come down from heaven to earth in front of people, 14and by the signs that it is allowed to work in the presence of the beast it deceives those who dwell on earth, telling them to make an image for the beast that was wounded by the sword and yet lived. 15And it was allowed to give breath to the image of the beast, so that the image of the beast might even speak and might cause those who would not worship the image of the beast to be slain. 16Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, 17so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name. 18This calls for wisdom: let the one who has understanding calculate the number of the beast, for it is the number of a man, and his number is 666.


Revelations 16:8-16

8The fourth angel poured out his bowl on the sun, and it was allowed to scorch people with fire. 9They were scorched by the fierce heat, and they cursed the name of God who had power over these plagues. They did not repent and give him glory. 10The fifth angel poured out his bowl on the throne of the beast, and its kingdom was plunged into darkness. People gnawed their tongues in anguish 11and cursed the God of heaven for their pain and sores. They did not repent of their deeds.
12The sixth angel poured out his bowl on the great river Euphrates, and its water was dried up, to prepare the way for the kings from the east. 13And I saw, coming out of the mouth of the dragon and out of the mouth of the beast and out of the mouth of the false prophet, three unclean spirits like frogs. 14For they are demonic spirits, performing signs, who go abroad to the kings of the whole world, to assemble them for battle on the great day of God the Almighty. 15("Behold, I am coming like a thief! Blessed is the one who stays awake, keeping his garments on, that he may not go about naked and be seen exposed!" 16And they assembled them at the place that in Hebrew is called Armageddon.


Revelations 19:20:

And the beast was captured, and with it the false prophet who in its presence had done the signs by which he deceived those who had received the mark of the beast and those who worshiped its image. These two were thrown alive into the lake of fire that burns with sulfur.


Hidden Recession - Economists flee Agriculture Dept. after feeling punished under Trump

Trump's policies are harming the American working class. Yet, if any agency acknowledges the detrimental impact of such policies, they will be retaliated against.

https://www.politico.com/story/2019/05/07/agriculture-economists-leave-trump-1307146

Reports showing farmers hurt by the president’s policies have drawn the ire of top officials.

Economists in the Agriculture Department's research branch say the Trump administration is retaliating against them for publishing reports that shed negative light on White House policies, spurring an exodus that included six of them quitting the department on a single day in late April.

The Economic Research Service — a source of closely read reports on farm income and other topics that can shape federal policy, planting decisions and commodity markets — has run afoul of Agriculture Secretary Sonny Perdue with its findings on how farmers have been financially harmed by President Donald Trump's trade feuds, the Republican tax code rewrite and other sensitive issues, according to current and former agency employees.

The reports highlight the continued decline under Trump’s watch in farm income, which has dropped about 50 percent since 2013. Rural voters were a crucial source of support for Trump in 2016, and analysts say even a small retreat in 2020 could jeopardize the president’s standing in several battleground states.

“The administration didn’t appreciate some of our findings, so this is retaliation to harm the agency and send a message,” said one current ERS employee, who asked not to be named to avoid retribution.
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