Nancy Pelosi: No Fiscal Cliff Deal Without Tax Hikes For Rich

I asked for months, "If Obama wins, what do you think he will say he has a mandate to do?" and got no responses.

At the Democratic Convention, Bill Clinton and Obama embraced Simpson-Bowles and not long ago Nancy Pelosi said she will support it.  Obama echoed the sentiment in his speech before the convention (during the debates, both Obama and Romney agreed that they liked Simpson-Bowles).  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.

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 already is broadcasting he's willing to put safety net and entitlement programs on the table for cuts.  He 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 before negotiations even begin.

Let the Bush tax cuts expire.

Read the Article at HuffingtonPost