Tag: Simpson Bowles Commission

The Captains of Catfood and their Phoney Baloney Debt Crisis

The Captains of Catfood are getting ready for another big push to steal your Social Security.  Simpson and Bowles are getting into high gear again:

Fifty-eight million Americans saw President Barack Obama and Mitt Romney tangle over former Sen. Alan Simpson (R-Wyo.) and former White House Chief of Staff Erskine Bowles’s deficit reduction plan. “Simpson-Bowles” was the most popular Google search during the 90-minute debate.

But behind the scenes, the two deficit hawks are enjoying more than just a search engine moment. The pair is heading to Virginia’s Mount Vernon next week to meet with the new bipartisan Senate “Gang of Eight” in an effort to hash out a major deficit and tax package. …

Inside the Capitol, there’s an increasing recognition that any major deficit deal will at least need the imprimatur of Simpson and Bowles in order to win over votes from both sides of the aisle.

Along with former Sen. Judd Gregg (R-N.H.), they’ve met with Speaker John Boehner (R-Ohio), upwards of half the Senate, major columnists and business leaders seeking support for a massive deficit compromise inspired by the original Simpson-Bowles framework.

Not content to merely lobby the heck out of congressmen, Pete Peterson’s favorite guys, Simpson and Bowles have raised $25 million to fund a “Campaign to Fix the Debt” and they’d like you to help the billionaires by volunteering to bird dog your congressmen.  Simpson and Bowles’ Wall Street Austerians Amen Corner has been abuzz with activity, too.  They’ve just issued marching orders to their government lackeys demanding that the president and congress fix the deficit problem.

Still seeking to push through his neoliberal austerity plan, President Obama says that he is eager to rekindle the negotiations to create a 4 trillion dollar grand bargain based upon Bowles and Simpson’s plan:

President Barack Obama laid out an astoundingly ambitious second-term agenda in an interview published Wednesday, vowing to forge a “grand bargain” with Republicans to reduce the national debt and achieve comprehensive immigration reform-all in 2013. …

“I am absolutely confident that we can get what is the equivalent of the grand bargain that essentially I’ve been offering to the Republicans for a very long time, which is $2.50 worth of cuts for every dollar in spending, and work to reduce the costs of our health care programs,” Obama said. (The White House quickly clarified that he meant $2.50 of spending cuts for every dollar in new tax revenue).

We can easily meet-‘easily’ is the wrong word-we can credibly meet the target that the Bowles-Simpson Commission established of $4 trillion in deficit reduction, and even more in the out-years, and we can stabilize our deficit-to-GDP ratio in a way that is really going to be a good foundation for long-term growth,” Obama said. “Now, once we get that done, that takes a huge piece of business off the table.”

Who Will Protect the Vulnerable?

Adapted from Docudharma

The Jewish philosopher Rabbi Hillel asked, “If I am not for myself, then who will be for me? And if I am only for myself, then what am I? And if not now, when?”

With our social safety net, Social Security, Medicare and Medicaid, under attack from the plutocrats who run our government, we need to ask all our representatives these questions.

Former Senator Alan Simpson (R-UT)

I get so damn sick and tired of listening to the little guy, the vulnerable, the veteran – I am a veteran, and the seniors and this and this and this and the meanwhile this country is headed for second-class status while everybody just babbles into the vapor.

I think we are sick and tired of hearing from Mr. Simpson.

In this excellent article at AMERICAblog, our friend Gaius Publius, offers not just an explanation of why he believes Obama will try cut Social Security but action we need to take:

Action opportunity

Folks, this is not over. The campaign still has about a month to run. Obama can take this issue off the table any time he want to. And if he doesn’t want to do that voluntarily, you can help him. How? Ask him point-blank:

   Are you planning any cuts to Social Security benefits? If so, which ones?

Or, if you want to go for more positive framing:

   Mr. Obama, you’ve said you want to strengthen Social Security. The electorate is solidly behind you but they’re nervous about cuts. To reassure the public and clarify your differences with Romney-Ryan, will you promise to veto any bill that contains any cuts whatsoever to Social Security benefits, no matter what else the bill contains?

Journalists, you can ask either question any time you like – you don’t need permission. The public would love to hear the answer from the candidate’s mouth. You have column inches and access; that and boldness is all you need.

Readers, you too can ask these questions – you don’t need permission either. Can you get into an Obama event? Then go. Bring your friends. (And your cell-phone cameras.) Help Obama not sink the Democratic Party. Help Obama re-clarify his own position. Help Obama race from waffling language like the plague – which he will certainly do if asked these questions often enough in public enough places. With cameras.

You can also urge your senator to sign Senator Sanders letter (pdf) swearing not to support any cuts to Social Security as part of a deficit reduction package (pdf). The letter has 29 signatures and needs 41. This action is also urgent.

Debate moderators, you too can ask these questions – though I don’t know whether the terms of your contract with the campaign-controlled debate commission requires you to get permission or not. It’s certainly true that just like Romney, Obama must also list the program cuts he would make – including cuts to Social Security. Before the election. [..]

And that’s not nothing. Guarding the progressive frontier; if you’re a progressive, that’s the job. Joe Sudbay did it by himself, and so can you. Always remember, you don’t need permission to act.

Who will protect the vulnerable? We will.