Be INFORMED

Monday, August 01, 2011

Debt Ceiling Bill Part 2

  You and I are being fed a very large bowl of crap from both the White House and those other Democrats who support the deal made with the Teapublicans. They are screwing the American middle class and those who are even suffering more.

Steve Benen @ Alternet| Sourced from 336

: there’s nothing in this deal to promote economic growth and nothing to create jobs. We’re still stuck in the wrong conversation, focusing on a crisis that doesn’t exist, and ignoring the immediate crisis that confronts the nation. Indeed, all available evidence suggests the agreement will make the economy and job losses worse, not better. That Republicans wanted to take a huge step backwards, and Democrats negotiated to make it a more modest step backwards is cold comfort.

Here's what folks are saying about this deal:

Rep. Emanuel Cleaver (D-Missouri, Black Caucus Chair): "This deal is a sugar-coated Satan sandwich. If you lift the bun, you will not like what you see."

Paul Krugman, Nobel economist: "The deal itself...is a disaster, and not just for President Obama and his party. It will damage an already depressed economy...The worst thing you can do in these circumstances is slash government spending, since that will depress the economy even further."

Robert Reich, former Labor Secretary: "Anyone who characterizes the deal...as a victory for the American people over partisanship understands neither economics nor politics. The deal...puts the nation’s most important safety nets and public investments on the chopping block...the largest threat to our democracy is the emergence of a radical right capable of getting most of the ransom it demands."

  If your Representative votes anything other than no on this bill, remember them at election time and then vote NO on their re-election. Enough is enough!

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