Obama: Compromise On Debt Deal Possible After Election Season

As usual, with Obama "compromise" means starting on the right and going even farther right.

Senate Majority Whip Dick Durbin told Andrea Mitchell that Obama’s going to use Simpson-Bowles as the template for budget talks. 

Simpson-Bowles (Catfood Commission) plan cuts Medicare, Medicaid and Social Security (Social Security wasn't even on their plate to be considered) and puts the burden on the poor and middle classes, and lets the rich keep their ill-gotten booty.

At last week's Democratic Convention, Bill Clinton embraced Simpson-Bowles and not long ago Nancy Pelosi said she will support it.

Today's Democrats are yesterday's Republicans.  

There should be tax HIKES on corporatio­ns and the rich. There should be massive cuts to the military. Banks should be threatened with nationaliz­ation unless they begin lending to small businesses­. There have been more than 3.5 million home foreclosur­es but there are 11 million more in the pipeline — There must be principal write-down­s.

Democratic politician­s should be beating this drum, loudly, constantly, and pushing the People’s Budget instead of working off of a set of corporate lobbyists’ plans.

Why aren’t Obama, Pelosi, Reid and Democrats talking about the Progressiv­e Caucus’s budget and plan to balance the budget (reduces the deficit by $5.1 trillion)? It beats Obama’s AND Republican­s’ plans.

As Krugman has said, the Progressiv­es’ budget:

“balances the budget through higher taxes and defense cuts, plus some tougher bargaining by Medicare (and a public option to reduce the costs of the Affordable Care Act). The proposed tax hikes would fall on higher incomes, raising the cap on payroll taxes (takes care of Social Security’s solvency forever)..­. and unlike the Ryan plan, it actually makes sense.”

But Obama takes solutions that work for the People, the vast majority of Americans, off the table. Obama kneecaps and handicaps the Democratic voters who put him and Democrats into power. He’s the grifter leading off the second half of the con game, which is to squeeze the rest of the dimes from the poor and middle classes. It began with part 2 of Bush’s Medicare Reform Act of 2003 (high-pric­ed junk health insurance that has no cost controls), continues with more *AFTA treaties (outsourci­ng more Americans’ jobs) and “payroll tax ‘holidays’­” that lead to the end of Social Security.

There is nothing that Obama offers that this old liberal Democrat can support.
Read the Article at HuffingtonPost