Harry Reid Tentatively Signs Off On Debt Ceiling Deal
Sunday, July 31, 2011
McCain would probably have approved a failed troop surge in AfghanistaSee more of how it would have been the same here.n, engaged in worldwide extrajudic ial assassinat ion, destabiliz ed nuclear-ar med Pakistan, failed to bring Israel’s BenjaminNe tanyahu to the negotiatin g table, expanded prosecutio n of whistle-bl owers, sought to expand executive branch power, failed to close Guantanamo , failed to act on climate change, pushed both nuclear energy and opened new areas to domestic oil drilling, failed to reformthe financial sector enough to prevent another financial catastroph e, supported an extension of the BushTaxCuts for the rich, presided over a growing divide between rich and poor, and failed to lower the jobless rate.
Nothing reveals the true state of American politics today more, however, than the fact that has undertaken all of these actions and, even more significantly, left the Democratic Party far weaker than it would have been had McCain been elected. Few issues are more important than seeing behind the screen of a myth-makin g mass media, and understand ing what this demonstrat es about how power in America really works—and what needs to be done to change it.
First and foremost, McCain would've undoubtedly selected as TreasurySe cretary an individual nominated by WallStreet —which has a strangleho ld on the economy due to its enjoying 30 to 40 percent of all corporate profits. If he didn’t select TimGeithne r, a reliable servant of financial interests whose nomination might have allowed McCain to trumpet his “maverick” credential s, whoever he did select would clearly have also moved to bail out the financial institutio ns and allow them to water down needed financial reforms.
About Deficit
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