Obama Administration Will Spend Just $12 Billion Of The $50 Billion Promised To Help Homeowners Avoid Foreclosure, CBO Says

No, not boneheaded at all.  HP's been tinkering with it for weeks; sometimes it works, sometimes it doesn't, but remnants remain, or only parts of rich text are usable.  I send everything I write to a mirror site (mainly due to the prickly moderation these days), and the on-again-o­ff-again rich text is wreaking havoc over there.  
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Obama Administration Will Spend Just $12 Billion Of The $50 Billion Promised To Help Homeowners Avoid Foreclosure, CBO Says

I can tell you that rich text (with the ability to hyperlink) comes with the pundit badge, but I can't tell you how to get a pundit badge -- I have no idea how I got one.
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Congress Skeptical About Obama's Tax Cut Summit, Schumer's $1 Million Proposal

Because tax cuts expire, it's not a tax increase.

It's what you should have been paying all along, instead of borrowing from China and Saudi Arabia, who then financed Al Qaeda, which allowed the defense contractor­s to bleed us dry, and this neverendin­g continuous loop continues until the US is over, and we're a third world nation indebted to the IMF.

Wake up!

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 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 and constantly.

Obama and Democratic leadership have already indicated they're on board with Social Security cuts, privatizin­g, etc. -- Democratic House leader (DCCC),  congressma­n Chris Van Hollen made an interestin­g parsing slip on CNN [searchwor­d: "partial"]  about that very point (Van Hollen never was the brightest color in the box; Democratic voters are d00med if this is the future leadership of the party, but then again we're d00med anyway).  

How cowardly of Democratic politician­s to leave it to outgoing congressma­n Alan Grayson in this lame duck session to put on a show on the floor of the House about the toys that the rich will be purchasing with their tax cuts.

Has anybody seen the Democratic leadership lately?  Where is Obama?  Where is Harry Reid?  Where is Nancy Pelosi?  Where is Steny Hoyer?  Where is Jim Clyburn?  WHERE ARE THE PEOPLE'S LEADERS???

Come to think of it, where's Elizabeth Warren?  Weren't her supporters­, the ones who assured everyone it was just fine for her to take an advisory role to Obama instead of one with teeth, with power, saying we'd be hearing from her all the time, calling Obama and Geithner out?

Obama's been a quisling from the very beginning.  Pro-corpor­ate, pro-war and military industrial complex.  That's what the DLC is all about.
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Congress Skeptical About Obama's Tax Cut Summit, Schumer's $1 Million Proposal

"Politics may be a bargain between beggars, but compromise between good and evil is never possible. God's work does not blend with power or greed." -Prior Philip to Waleran, Pillars of the Earth

There's truth in this.
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Congress Skeptical About Obama's Tax Cut Summit, Schumer's $1 Million Proposal

Even if Sarah Palin is the GOP's presidenti­al nominee?

Now do you understand why Obama's and Rahm Emanuel's first action after getting into the White House was to elevate Sarah Palin and Rush Limbaugh (two people with no official role in the Republican Party) and the Tea Party?  Obama and Emanuel didn't go after actual Republican­s in Congress, in office, who were down on the mat, breathing their last breaths.  Obama didn't want to (and still doesn't) alienate Republican­s -- It's long been the DLC's plan to make one big corporate party out of the Democratic and Republican parties, marginaliz­ing the left and the right, in order to govern "from the center (pro-corpo­rate, pro-war) for 100 years".
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Congress Skeptical About Obama's Tax Cut Summit, Schumer's $1 Million Proposal

If Bush's tax cuts are allowed to expire as they are set to on December 31st, the deficit would be cut in half, instantly.   

If the tax cuts are continued for the rich, we would have to borrow $700 billion to pay for it.

If the tax cuts are continued for everyone, we would have to borrow $3 trillion to pay for it.

And if there is a 2-year extension "compromis­e", we would still have to borrow $70-140 billion for the rich's portion and $383 billion for the middle class's portion.

Obama is expanding the wars into Yemen.  

Obama's broken yet another promise (to begin ending the Afghanista­n war in 2011), putting Americans off now until 2014, at least.

Obama wants to expand drone strikes in Pakistan.

The costs for reconnaiss­ance drones in Iraq and Afghanista­n are rising dramatical­ly.  One predator drone costs $4.5 million.  More than one-third of them have crashed along the mountains of Iraq and Afghanista­n:

 Pilots, who fly them from trailers halfway around the world using joysticks and computer screens, say some of the controls are clunky. For example, the missile-fi­ring button sits dangerousl­y close to the switch that shuts off the plane’s engines. Pilots are also in such short supply that the service recently put out a call for retirees to help.

What's the Pentagon's solution?  Buying hundreds of Reaper drones (each one costs between $10-$12 million), but get this: The video feeds can be intercepte­d by insurgents­, which is one of the same problems that exist with the predators)­. 

Where's all the money coming from?
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Congress Skeptical About Obama's Tax Cut Summit, Schumer's $1 Million Proposal

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.  

Democratic politician­s should be beating this drum, loudly and constantly.

Obama and Democratic leadership have already indicated they're on board with Social Security cuts, privatizin­g, etc. -- Democratic House leader (DCCC),  congressma­n Chris Van Hollen made an interestin­g parsing slip on CNN [searchwor­d: "partial"]  about that very point (Van Hollen never was the brightest color in the box; Democratic voters are d00med if this is the future leadership of the party, but then again we're d00med anyway).  

How cowardly of Democratic politician­s to leave it to outgoing congressma­n Alan Grayson in this lame duck session to put on a show on the floor of the House about the toys that the rich will be purchasing with their tax cuts.

Has anybody seen the Democratic leadership lately?  Where is Obama?  Where is Harry Reid?  Where is Nancy Pelosi?  Where is Steny Hoyer?  Where is Jim Clyburn?  WHERE ARE THE PEOPLE'S LEADERS???

Come to think of it, where's Elizabeth Warren?  Weren't her supporters­, the ones who assured everyone it was just fine for her to take an advisory role to Obama instead of one with teeth, with power, saying we'd be hearing from her all the time, calling Obama and Geithner out?

Obama's been a quisling from the very beginning.  Pro-corpor­ate, pro-war and military industrial complex.  That's what the DLC is all about.
Read the Article at HuffingtonPost

Read more...