Tag: robin hood tax

Lip Service – Caution Democrats At Work!

HueyPLongLook out! The ghost of Huey Long has taken over for all three of Dickens’ spirits and is haunting the Corporate Democrats. How else to explain the recent conversions of the darling of Goldman Sachs’ and Robert Rubin’s Hamilton Project, the Crown family of General Dynamics and Penny Pritzger of the Hyatt fortune suddenly getting all populist and proposing a free community college education for one and all?

President Obama said Thursday that he would propose a government program to make community college tuition-free for millions of students, an ambitious plan that would expand educational opportunities across the United States. …

The proposal would cover half-time and full-time students who maintain a 2.5 grade point average – about a C-plus – and who “make steady progress toward completing a program,” White House officials said. It would apply to colleges that offered credit toward a four-year degree or occupational-training programs that award degrees in high-demand fields. The federal government would cover three-quarters of the average cost of community college for those students, and states that choose to participate would cover the remainder. If all states participate, the administration estimates, the program could cover as many as nine million students, saving them each an average of $3,800 a year.

Mr. Obama will include the program, which would need congressional approval, in his budget for the coming year, his advisers said, and detail it in his State of the Union address Jan. 20. …

White House officials acknowledged in a conference call with reporters that the program was unlikely to win quick approval in Congress.

Huey has also been haunting congressional corporate Democrats, too! Programs and ideas that liberals/progressives and decent people have been politely pushing the Democrats to get behind are suddenly popping up all over! The “Robin Hood” (Tobin) Tax, incentives to raise worker pay, tripling the child-care tax credits – a program that for once redistributes wealth downwards!

All this from an administration that created a budget sequestration process and stood by with its hands in its pockets as a bipartisan deal was cut which rewarded the military industrial complex while failing to address drastic cuts in food stamp benefits and did not extend unemployment benefits for workers displaced by the banksters’ (whom Obama continues to protect) looting of the economy.The same administration that has been aching to cut old folk’s social security to reward his rich buddies. Corporate Democrats came out of the woodwork to support Obama in his attack on poor old folks with rhetoric that would make Frank Luntz wonder which party he works for:

Congressional Democrats, led by House Minority Leader Nancy Pelosi (Calif.), signaled greater willingness on Wednesday to cut Social Security benefits … Pelosi told reporters on Capitol Hill that a cut proposed by President Barack Obama in the fiscal cliff negotiations would in fact “strengthen” the program, echoing the claims often made by Republicans about entitlement programs they want to slash. …

The cut involves swapping out the traditional method for calculating cost of living increases, based on the current standard for measuring inflation, for something called a chained CPI, or chained Consumer Price Index.

The cuts would start small, but wind up costing beneficiaries thousands of dollars over time … Pelosi wrapped both her arms around it Wednesday, insisting she does not regard it as a “cut.”

Huey must have clapped these guys upside the head with a spectral clue-by-four!