Notice that it's not Newt's former wife, Jackie's mother, saying this. The original story came from the mother, not the daughter.
Read the Article at HuffingtonPost
I remember following Obama on the campaign trail and hearing all sorts of promises before union-heavy crowds. He said he would raise the minimum wage every year; he said he would fight free-trade agreements . He also talked about repealing the Bush tax cuts and ending tax breaks for companies that move jobs overseas.
It's not just that he hasn't done those things. The more important thing is that the people he's surrounded himself with are not labor people, but stooges from Wall Street. Barack Obama has as his chief of staff a former top-ranking executive from one of the most grossly corrupt mega-compa nies on earth, JP Morgan Chase. He sees Bill Daley in his own office every day, yet when it comes time to talk abut labor issues, he has to go out and make selected visits twice a year or whatever to the Richard Trumkas of the world.
Listening to Obama talk about jobs and shared prosperity yesterday reminded me that we are back in campaign mode and Barack Obama has started doing again what he does best – play the part of a progressive. He's good at it. It sounds like he has a natural affinity for union workers and ordinary people when he makes these speeches. But his policies are crafted by representa tives of corporate/ financial America, who happen to entirely make up his inner circle.
I just don't believe this guy anymore, and it's become almost painful to listen to him.
“Social Security was not establisheRead Social Security Payroll Tax Cut -- A Temporary Stimulus With Permanent Damage by Charles Blahous.d to be a source of ‘temporary ’ stimulus funds. The idea that its payroll tax rate should be moved up and down with economic events is highly dangerous to the program’s financial future.
"If Congress continues to cut the program’s funding source, one of two things must happen: 1) Social Security’s insolvency will be accelerated; or 2) Social Security will have to increasing ly rely on general revenues (i.e., income taxes) to pay beneficiar ies.”