Quantcast

Clip from July 7, 2011 — on America’s Live on Fox News Channel, with guest host Martha MacCallum, explaining why a balanced budget amendment to the Constitution is not only bad economic policy but violates the Founders’ intent

Tagged with:
 

I love Amy Goodman and Juan Gonzalez.  Does it show?

http://bit.ly/lgbv6E

Tagged with:
 

Watch me talking with guest host Thomas Roberts about how conservatives in Congress are willing to blow up our entire economy to make a political point about their anti-government agenda.

Tagged with:
 

My latest opinion column for FoxNews.com.


Dire Forecast Sparks New Medicare Debate” was the headline… June 6, 1996. In fact, according to Chicago Tribune columnist Eric ZornMedicare’s immediate extinction has been predicted no fewer than 18 times in the last 40 years. When it serves their political interests, the Chicken Littles from both parties squawk about how the nation’s insanely popular (albeit effectively socialized) medical system is going to go broke any moment.
The fact that none of these predictions has ever come true is not stopping Republicans today. They are using the latest Medicare trust fund forecasts to make a truly sick argument: Medicare might be in trouble eventually so, just to be safe, we’re going to destroy it now.

The facts are not in dispute. The Republican budget plan will double the out-of-pocket cost that seniors pay for health care by 2022. Meanwhile, instead of participating in a large government-backed group plan that brings with it economies of scale cost-wise, seniors will be left on their own to negotiate individually with private insurance companies. The “savings” from the Republican plan will partly go to the insurance industry in the form of vouchers and the rest will go to tax breaks for the richest of the rich.

In fact, the Republican budget which is being pushed under the guise that our nation’s deficit has reached a crisis point, will only reduce the deficit by 0.16% over the next 10 years. Over 70% of the “savings” from slashing Medicare and other public programs that help working families will go not to paying down our debt but, rather, giving more tax breaks to the rich. The same people who, according to several independent sources, are paying lower taxes than most ordinary Americans — and paying the lowest overall tax rate in at least the last century.

It’s hard to now see Republicans, who have attacked Medicare since its very inception, now pretending to defend it. If Republicans had really wanted to strengthen Medicare, they might have supported at least one of the 60 pieces of legislation over the past 10 years to make the program better. Or they might have supported President Obama’s health care reform legislation, which will strengthen Medicare (and improve trust fund forecasts) but cutting excessive spending by 25%.

Frankly, the only thing that will be healthier under the Republican plan will be the bank accounts of insurance executives. Because their profits aren’t already high enough, they’ll now get government subsidies.

If Chicken Little had been a life-long anti-sky activist hell bent on destroying the atmosphere, even fictitious characters would have been nuts to believe her when she screamed about the sky falling, seeing right through her self-serving tricks.

Similarly, since Republicans have spent most of their political existence railing against government in general and Medicare in specific, we’d be crazy to trust them to honestly diagnose the situation — let alone solve it. After all, the Republican leaders are as genuinely concerned about the long-term health of Medicare as profit-hungry insurance corporations are concerned about your health.

Tagged with:
 

To accompany my USA Today op-ed, I made this handy dandy bubble chart.

Tagged with:
 

I have an op-ed that will run in the Sunday, April 17 print edition of the Washington Post Outlook section. It just went live online so you can get a sneak peak — and share it with your stratosphere.

Here’s the link:

http://t.co/DYQCoPx

Tagged with:
 

In a discussion with the affable Neil Cavuto, I explain why the bruhaha over the government spending and debt is nothing more than a fig leaf for those who have long sought any excuse to attack government and undercut programs that help the poor and working class.

No comments on the makeup, people.

Tagged with:
 

I have a piece up on FoxNews.com about why the federal budget “crisis” is largely a hoax manufactured by those who have sought all along to destroy government and undermine poor and working families.

http://www.foxnews.com/opinion/2011/04/06/federal-budget-crisis-hoax/

Here’s an excerpt:

“Yes, our level of national debt is in the long-term untenable. And yes, the fact that large swaths of that debt is owned by China and Saudi Arabia is deeply problematic. The solution, however, is to use government spending on innovation and new industries not only to kick start a private sector that has been reluctant to create jobs but also retool the American economy so we actually make things again and have a broad middle class with good wages and benefits who can afford to buy the stuff we make, creating the kind of demand we need for long-term sustainability. But Wall Street and big business lobbyists don’t want you to own your own business, make a good salary and have a nice house with a reasonable mortgage. How would they make money on that?”

Read the whole thing and give it some love using the Facebook and Twitter links at the top of the page

http://www.foxnews.com/opinion/2011/04/06/federal-budget-crisis-hoax/

Tagged with:
 

Gee, have to get better at website upkeep…

Here’s a piece I wrote for Alan Colmes’ Liberland, “Gingrich Fears “Secular” “Islamist” America”.

And here’s one for HyperVocal, “MI’s Reverse Robin Hood: Cut Unemployment, Give Money To Rich“.

Tagged with:
 

I’ve had the honor all this week of guest blogging on the American Prospect TAPPED blog. Proud to contribute to their excellent legacy of progressive thought and analysis.

Here are links to all my posts:

Violence Helping Chris Brown’s Career?… “when we give abusers like Brown and Sheen obscene media attention while downplaying their atrocities, we just create role models for the little abusers of the future who will perpetuate violence against women.”

Stephen Lerner vs. the Real Economic Terrorists of Wall St.… “for the vast majority of working Americans struggling to pay their bills, in or on the brink of foreclosure, sacked with astronomical credit card debt and interest payments, stifled by student loans and the rising cost of education — Lerner’s plan is a beacon of hope. Disrupt corporations and the economy as it currently functions to make it work for working people!”

McCain, Liberman and Gadhafi Walk Into a Bar… … “One has to wonder if McCain and Lieberman were thinking about “what is best for the world as a whole” when they were patting Gadhafi on the back.”

Republicans Hate Obama … “It’s time for President Obama to stop worrying if Republicans like him. In fact, it’s time for him to stop worrying about being liked, period. His pattern of trying to be all things to all parties has led to policies and actions that, while they look bipartisan on paper, ultimately end up pissing off both his base and the opposition. Give up the ghost, dude!”

U.S. Isn’t Broke: Ask Gadhafi & Raymond Davis … “We have plenty of money to bailout Raymond Davis and bomb Gadhafi. In fact, ask America’s big-business executives, and they’ll tell you the only spending problem our government has is that it’s not spending enough money on them.”

Tagged with: