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truedelphi

(32,324 posts)

13. But even David Stockman, Reagan's economic advisor, now thinks both

Sat Feb 22, 2014, 06:05 PM

Feb 2014

Parties are run by wolves, whose sole purpose in life is to serve themselves those heaping platters of profits.

Remember how at the end of Reagan's terms in office, the Savings and Loan crisis hit? And what happened next? Were there massive bailouts and was the philosophy of not changing regulations selected as the way to repair the economy?

No, rather than bailing out the Savings and Loans, there was actual jail time served for some of those who inflicted this pain on the nation.

Not only that, but state chartered regional banks received massive infusions of needed monies, with the provisions that those monies be lent to individuals and businesses in that region.

By the time that Obama gets in office, Glass Steagal has been stripped away, and Enronizing everything is just how it works. The stupendously over the top Bailouts will be costing our grandkids much suffering deprivation and what not, but at least Obama got to stay in power. I have no doubt his re-election occurred as he pleased his buddies, like Geithner and Dimon so many times over that most of the people I know realize he will be getting far more than Bill Clinton's paltry $ 100K per speech in front of Corporate Podium when he leaves the WH.

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Oh Crap!!! "Social Security Cuts Still �on the Table� but Not in Obama�s Budget"!!! [View all] grahamhgreen Feb 2014 OP

Sigh what is wrong with us. First we are throwing away children's school Cleita Feb 2014 #1

My Boss every year... yeoman6987 Feb 2014 #57

What an insensitive creep. Cleita Feb 2014 #60

Not at all yeoman6987 Feb 2014 #65

Doesn't matter n2doc Feb 2014 #2

It matters. Lasher Feb 2014 #5

^^^^THIS^^^^ cliffordu Feb 2014 #15

Absolutely it matters. woo me with science Feb 2014 #23

Let me get this straight. Marr Feb 2014 #39

OUCH! DJ13 Feb 2014 #42

That's gonna leave a mark! SammyWinstonJack Feb 2014 #50

Amazing isn't it? neverforget Feb 2014 #74

Smack! grahamhgreen Feb 2014 #99

who gives a F*** about repukes? Skittles Feb 2014 #43

Amen, Sister! Amen! Lasher Feb 2014 #87

INDEED! woo me with science Feb 2014 #92

If it doesn't matter, then he shouldn't do it! grahamhgreen Feb 2014 #93

Of course it matters. LIES matter. SS has NOTHING to do with the deficit. That is a lie sabrina 1 Feb 2014 #105

All the more proof that this admin is really just a shell for the real people in control ... MindMover Feb 2014 #127

Sad to say, that may very well be the case. n/t sabrina 1 Feb 2014 #133

This message was self-deleted by its author polichick Feb 2014 #3

I'll give up a little of my SS to get taxes increased, if that is what it takes. Hoyt Feb 2014 #4

They can increase taxes without penalizing the poor especially seniors Cleita Feb 2014 #6

How? krawhitham Feb 2014 #25

I didn't say they would do it, just that it can be done. Cleita Feb 2014 #26

So, we know it needs to be done, but are unwilling to do anything to get them to do it. Hoyt Feb 2014 #29

I wish you weren't right but you are. I'm suffering right now because of the way Cleita Feb 2014 #31

I'm no saying this cause I want it to be true, but things are really screwed up and they will get Hoyt Feb 2014 #34

We do need to band together and start pushing them to do the right thing. Cleita Feb 2014 #35

Here's an article on the transaction tax. Cleita Feb 2014 #36

Easy peasy.... IF you push for it, instead of offering up chained CPI! grahamhgreen Feb 2014 #139

You act like the ONLY way to increase taxes on the wealthy is to cut SS, not true!!!! :-) grahamhgreen Feb 2014 #138

Trying to make them do the right thing by offering up SS cuts IS doing the wrong thing. SammyWinstonJack Feb 2014 #54

Agreed but... krawhitham Feb 2014 #91

Nice theory but what happens when the media is controlled by the conservatives themselves, the story grahamhgreen Feb 2014 #140

Politics 101. You withhold something like military funding from them until they cave. grahamhgreen Feb 2014 #137

Do you turn complicated things over to folks who quote Medicine 101, Investments 101, Politics 101? Hoyt Feb 2014 #143

Only if what he's doing is actually trying to cut SS. Otherwise he's failing politics 101. You must grahamhgreen Feb 2014 #144

Well, FIRST you DON'T hand them everything they want and brag about bipartisanship. FiveGoodMen Feb 2014 #152

Then the next Republican in office cuts taxes and further cuts SS Fumesucker Feb 2014 #7

and which repuke are you talkin about fume ... MindMover Feb 2014 #159

It makes no difference, they ~all~ want to cut taxes Fumesucker Feb 2014 #160

You have no right to give up others' Social Security. woo me with science Feb 2014 #9

Nice to see some folks are not interested in what is best for country. Hoyt Feb 2014 #16

This is not what it takes. It's the opposite of what it takes. Conflating Social security with taxes grahamhgreen Feb 2014 #17

A bunch. How about you? I want more SS too, but it ain't happening. Hoyt Feb 2014 #20

You want more SS but support cutting it? neverforget Feb 2014 #76

You need to quit reading by pointing at each word. Try reading in chunks. Things will make sense. Hoyt Feb 2014 #84

I got that point by reading your posts "in chunks". neverforget Feb 2014 #98

I don't think tweaking it under a Democrat hurts us as much as when electorate Hoyt Feb 2014 #101

Well 117 House Democrats and 15 Senate Democrats disagree with you and Obama neverforget Feb 2014 #103

We need to cut SS *now,* because woo me with science Feb 2014 #102

What's with this buying of Republican talking points regarding Social Security? neverforget Feb 2014 #104

A bunch is not a number. Give me a number:) grahamhgreen Feb 2014 #116

Please stop the bullshit. The poorest are not protected at all--some of the cuts (but not all) eridani Feb 2014 #24

Actually, removing cap doesn't solve entire problem. And SS may well be 100% of my retirement. Hoyt Feb 2014 #33

The issue of shitty jobs is best dealt with by raising the minimum wage eridani Feb 2014 #44

Actually, it is not a separate issue because roughly 14% of increase goes to SS. Hoyt Feb 2014 #51

Is English your native tongue? Your lack of "the" bugs. WinkyDink Feb 2014 #72

Poor thing. Hoyt Feb 2014 #79

You don't give in to Repukes on Social Security, period eridani Feb 2014 #108

How do you plan to get that penny in time? Hoyt Feb 2014 #110

You are ignorant of Social Security. Please just stop. WinkyDink Feb 2014 #70

You doubt that huh? Here read this from report by Congressional Research Service Hoyt Feb 2014 #83

Raising the cap just on workers making over $250,000 makes it solvent 'forever', do you need a link grahamhgreen Feb 2014 #124

Would like to see a link. Bernie Sanders offered a Bill to do just that, it got nowhere. Hoyt Feb 2014 #129

Chained CPI got nowhere - get the president behind the Sanders bill and we can get it passed:) grahamhgreen Feb 2014 #148

Will not happen. You might get a much smaller tax on such income, if Hoyt Feb 2014 #151

"the youth who pay our SS"---EXCUSE ME?? WinkyDink Feb 2014 #62

Excuse you, no way. That's right, way system works today, current worker's FICA taxes are paying Hoyt Feb 2014 #82

That's bullshit. Current benefits are being paid out of the trust fund eridani Feb 2014 #106

You have to ge kidding. Read link in post 83. I wish your view were right, Hoyt Feb 2014 #107

The article relies on bullshit assumptions, projecting the shortfall to FOREVER eridani Feb 2014 #109

Wish today's SS Trustees were smoking the same stuff. Hoyt Feb 2014 #111

I take it you are admitting you were wrong about boomers prepaying their retirement? n/t eridani Feb 2014 #112

No, I'm right that they didn't pay enough, and I take no satisfaction in being right. Hoyt Feb 2014 #113

There is no shortfall, period eridani Feb 2014 #118

Do you even have an idea of what is paid out of the fund each year? That trillion Hoyt Feb 2014 #120

It's SUPPOSED to go fast! eridani Feb 2014 #121

If you go back to "pay as you go, " you gotta have enough people with good jobs paying in, and Hoyt Feb 2014 #122

That would also require exiting the costly trade agreements that siphon off high paying jobs. grahamhgreen Feb 2014 #149

But we don't even need to raise taxes. Although I would be truedelphi Feb 2014 #12

I get it, but Congress doesn't. Heck, even Catford Commission supported big cuts military. Hoyt Feb 2014 #21

Why not bargain with military cuts? Either raise taxes or I'm cutting the military.... grahamhgreen Feb 2014 #125

Guess you missed the fact we are already starving children with cuts to food stamps while we do what Hoyt Feb 2014 #128

That's completely without basis. We just stood our ground and got chained-CPI off the table, lol!!! grahamhgreen Feb 2014 #130

You give yourself too much credit. Hoyt Feb 2014 #134

Wait til you see Chained_CPI go away, pemanently:-) grahamhgreen Feb 2014 #146

This message was self-deleted by its author Autumn Feb 2014 #19

"I'll give up a little of my SS to get taxes increased, if that is what it takes." putitinD Feb 2014 #27

So nice and wonderful that you are willing Bohunk68 Feb 2014 #45

And Obama's proposal would not affect you. In fact, Catford Commission would have given you an Hoyt Feb 2014 #53

I've probably been involved in politics Bohunk68 Feb 2014 #117

You must be close to 90 years old. Hoyt Feb 2014 #123

I get $825/mo. yeoman6987 Feb 2014 #63

Neoliberalism = Republican economics. woo me with science Feb 2014 #8

That is the reason he so admires Saint Ronnie. Lasher Feb 2014 #10

But even David Stockman, Reagan's economic advisor, now thinks both truedelphi Feb 2014 #13

Yup. Want to drive home how extreme the corruption woo me with science Feb 2014 #68

And not FDR. WinkyDink Feb 2014 #64

Maybe ProSense Feb 2014 #14

Only those who didn't read or listen to his words, woo me with science Feb 2014 #22

+1 progressoid Feb 2014 #32

Dang! +1! Enthusiast Feb 2014 #41

That's hilarious. ProSense Feb 2014 #47

Question: ProSense Feb 2014 #49

Every time I see one of your long posts, I think of an octopus squirting ink. Marr Feb 2014 #37

Your comments remind me of nonsense. ProSense Feb 2014 #48

The charge is justified in this case. Lasher Feb 2014 #73

I can't imagine ProSense Feb 2014 #75

Wildly inaccurate assertion on two levels: Lasher Feb 2014 #85

You nailed it. woo me with science Feb 2014 #69

Maybe some on SS got a one-time check, but Bohunk68 Feb 2014 #46

We're only asking that he unequivocally take SS cuts off the table, now and forever. grahamhgreen Feb 2014 #145

not really - just part of the grand strategy DrDan Feb 2014 #11

A principle of fairness, my ass: how effin' disingenuous indepat Feb 2014 #18

War is Peace. woo me with science Feb 2014 #78

Screwing little old ladies for billionaire pocket change is FAIR? aquart Feb 2014 #28

Third Way Planet. djean111 Feb 2014 #59

"The embrace of a culture of cruelty." woo me with science Feb 2014 #77

Triangulation...again. 2014 style. Tierra_y_Libertad Feb 2014 #30

I have to wonder how Aerows Feb 2014 #40

Your exercise in futility is misspent ... because the government has little or nothing to do ... MindMover Feb 2014 #131

If you agree Aerows Feb 2014 #38

I know I will get slammed for this BUT this makes me sick. I never thought I'd EVER see a Democrat diabeticman Feb 2014 #52

No slamming from me and I agree... SammyWinstonJack Feb 2014 #56

I'm right there with you. "Democrat" = "100% S.S. Supporter." The New Deal is our raison d'etre. WinkyDink Feb 2014 #66

I think this should drive home to everyone that the Third Way woo me with science Feb 2014 #80

Earnest botched the response, but ProSense Feb 2014 #55

"I will need every penny I get from SS, but I'd put a little a risk in hopes we improve situation djean111 Feb 2014 #58

Exactly! ctsnowman Feb 2014 #88

Fine, we'll sit stagnant for a decade or two, and all those things - including SS - will get worse. Hoyt Feb 2014 #94

No reason to "sit stagnant". Unless you feel the onliest bestest thing to do is just djean111 Feb 2014 #97

No, I'm posting about political reality. Hoyt Feb 2014 #100

"We need to do something now" enlightenment Feb 2014 #141

OMG!!! "Principle of fairness"?!?! To take a PITTANCE from a billionaire and a LIFE-ALTERING WinkyDink Feb 2014 #61

That's the beauty of post-partisan negotiations jsr Feb 2014 #71

Fer shure! But I am partisan to the core! WinkyDink Feb 2014 #153

+1000000000 woo me with science Feb 2014 #86

and that's the crux of affluenza: the rich will complain even more about a 40% loss MisterP Feb 2014 #114

Indeed. And I have a real ancient one. I taught BritLit, and for the Medieval WinkyDink Feb 2014 #154

I'm afraid it's all a package, guys. You can't have the forever wars, the "free trade", the bankster Romulox Feb 2014 #67

We can't have our dystopia and eat it, too? nt woo me with science Feb 2014 #81

Link to the letter from Sen. Sanders ctsnowman Feb 2014 #89

It is really fascinating to read the Third Way talking points concerning Social Security cuts. djean111 Feb 2014 #90

Agreed. I can only think the majority of the pro-chained CPI crowd are paid trolls! grahamhgreen Feb 2014 #115

I am starting to think of Third Way politicians and the people who support them as non-Democrats. djean111 Feb 2014 #119

I've heard the term "Republican Democrats" as well. I saw an article recently about the Koch's grahamhgreen Feb 2014 #126

kick woo me with science Feb 2014 #95

kick woo me with science Feb 2014 #96

Kicked because ... 1StrongBlackMan Feb 2014 #132

Obama's Deputy Press Secretary Josh Earnest raised the issue. Why? grahamhgreen Feb 2014 #136

I did know a Deputy Press Secretary ... 1StrongBlackMan Feb 2014 #142

Can't, but he can raise an issue! :-) grahamhgreen Feb 2014 #147

Would you be in favor of a CCPI ... 1StrongBlackMan Feb 2014 #150

No on both:) grahamhgreen Feb 2014 #155

Why not? eom. 1StrongBlackMan Feb 2014 #156

So I can simply say, NO on cuts to Social Security. grahamhgreen Feb 2014 #158

That honest ... 1StrongBlackMan Feb 2014 #161

In my view, any cuts to benefits to any parties weakens SS:) grahamhgreen Feb 2014 #162

Even if those cuts all fell on the wealthy? eom. 1StrongBlackMan Feb 2014 #163

Yes. They need to be taxed more, not benefitted less. grahamhgreen Feb 2014 #164

The administration has changed its tactics, truebluegreen Feb 2014 #135

same with its approach to warfare MisterP Feb 2014 #157