Black People : After next year a Freeze for 3 Years???

Discussion in 'Black People Open Forum' started by Ankhur, Jan 28, 2010.

  1. Ankhur

    Ankhur Well-Known Member MEMBER

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    Did the president actually say that?
    Wait a minute , with all the present suffering in the nation and that it iwll more then likely get worse,
    freeze spending at that point?

    Less Government, for the public
    but more for the military?? with no declared wars??

    sounds more conservative, and republican then actually trying to help anyone

    especially after giving so much help to big business, within the first few months of office

    Well the priorities seem clear!
     
  2. Ankhur

    Ankhur Well-Known Member MEMBER

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    President Obama's speech shows little understanding of the time we're in or of the daily experience of real Americans. Maybe it comes from being in D.C. for a solid year now.

    In the last 18 months, Wall Street nearly brought the world economy to its knees, paid itself huge bonuses, and, with the boldness of a gambler backed up by the U.S. Treasury, is out doing more of the same.
    The American people, meanwhile, are suffering from joblessness, housing foreclosures, unaffordable and complicated health insurance bureaucracy, and an economy that continues to stumble, with no real reason to believe it will recover.
    The window of time we have to confront our climate crisis is closing, and the impacts on our economy, security, biodiversity, agriculture, access to water, and the habitability of our coastlines is just starting to be felt. Desperately needed action is being stalled by special interests.
    The war in the Middle East threatens to expand, the casualties continue to grow, and the military budget keeps ballooning, while no one in the administration can say what we can reasonably expect to accomplish there.
    To deal with these and other crises, Obama will have to overcome the influence of powerful special interests, who work overtime to block any progress that could threaten their quarterly profits. He can only overcome those powerful interests when he partners with the American people.

    Early on, I was encouraged that a president who came up as a community organizer would know how to do that. Even before Inauguration day, he was holding health care house meetings across the country to create a foundation for action. And when the workers at Republic Window and Door, who were laid off without the pay they were owed, occupied their factory, Obama reached out a hand of support.

    But the insider disease seems to have taken over. Obama's health care proposal was already a compromise-keep private insurance companies, but offer the public a strong public option. From that starting point, it was compromised again and again until it is now more give-away to health insurance companies and PhRMA than benefit to Americans. The mass movements pressing for single-payer health care (which at the time enjoyed majority support) weren't invited into the process to balance the special interests and ideological opponents of a strong public option. Instead, they were excluded from White House summits and systematically ignored.

    When Wall Street greed threatened to crash the economy, Obama's inner circle wrote blank checks to some of the worst offenders, establishing a precedent that the most risky global gambling is backed by the American taxpayer. (Obama's recent announcement that he is dealing with the "too big to fail" issue is promising, but the details will be what counts. And precious time and momentum have been lost).

    So yes, Americans are furious. The Massachusetts vote disproved what Democratic Party insiders have said-you can take the progressives for granted. After all, where can they go? To the Republicans? To the Greens? Here's the answer. If they are excluded from the process, progressive voters, and the progressive activists who built the grassroots Obama campaign, have shown they can stay home on election day.

    President Obama, it is not too late to make common cause with the American people. Instead of feeding them a list of policy tweaks-a tax credit here, and new commission there-go back to the vision of "change we can believe in." Admit the mistake of trying to placate Wall Street and recalcitrant Republicans. Show you can fight for the American people, and the American people will stand with you.

    You'll have to start by taking on the corporate special interests that crippled our economy, undercut the promise of health care reform, and stalled desperately needed action on climate change. Partner with the young people, the working people, state and local government, small business, the grassroots leaders who believed in change. Work with those who don't mind telling the truth about the effectiveness of single-payer health care, even if you don't agree with them. Get rid of your Wall Street economic advisers, and bring in a team that is rooted in the real, Main Street economy


    full article;
    http://www.commondreams.org/view/2010/01/29-3
     
  3. Ankhur

    Ankhur Well-Known Member MEMBER

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    What Should We Make of Obama’s “Spending Freeze”

    Posted By admin On January 29, 2010 @ 1:27 pm In Washington Politics | 13 Comments

    Washington’s Blog
    January 29, 2010

    The big news today is Obama’s proposed “spending freeze”.

    Fiscal liberals say this cuts spending at the exact time that we most need to increase it. See this and this.

    Fiscal conservatives say this doesn’t go nearly far enough. See this, this and this.

    But I think there’s a bigger issue that deserves some inquiry: is America being turned into a third world country?

    As I wrote last June:

    When the International Monetary Fund or World Bank offer to lend money to a struggling third-world country (or “emerging market”), they demand “austerity measures“.

    As Wikipedia describes it:

    In economics, austerity is when a national government reduces its spending in order to pay back creditors. Austerity is usually required when a government’s fiscal deficit spending is felt to be unsustainable.

    Development projects, welfare programs and other social spending are common areas of spending for cuts. In many countries, austerity measures have been associated with short-term standard of living declines until economic conditions improved once fiscal balance was achieved (such as in the United Kingdom under Margaret Thatcher, Canada under Jean Chrétien, and Spain under González).

    Private banks, or institutions like the International Monetary Fund (IMF), may require that a country pursues an ‘austerity policy’ if it wants to re-finance loans that are about to come due. The government may be asked to stop issuing subsidies or to otherwise reduce public spending. When the IMF requires such a policy, the terms are known as ‘IMF conditionalities’.

    Wikipedia goes on to point out :

    Austerity programs are frequently controversial, as they impact the poorest segments of the population and often lead to a wider separation between the rich and poor. In many situations, austerity programs are imposed on countries that were previously under dictatorial regimes, leading to criticism that populations are forced to repay the debts of their oppressors.

    What Does This Have to Do With the First World?


    A d v e r t i s e m e n t

    Since the IMF and World Bank lend to third world countries, you may reasonably assume that this has nothing to do with “first world” countries like the US and UK.

    But England’s economy is in dire straight, and rumors have abounded that the UK might have to rely on a loan from the IMF.

    And as former U.S. Comptroller General David Walker said :

    People seem to think the [American] government has money. The government doesn’t have any money.

    Indeed, the IMF has already performed a complete audit of the whole US financial system, something which they have only previously done to broke third world nations.

    Al Martin – former contributor to the Presidential Council of Economic Advisors and retired naval intelligence officer – observed in an April 2005 newsletter that the ratio of total U.S. debt to gross domestic product (GDP) rose from 78 percent in 2000 to 308 percent in April 2005. The International Monetary Fund considers a nation-state with a total debt-to-GDP ratio of 200 percent or more to be a “de-constructed Third World nation-state.”

    Martin explained:

    What “de-constructed” actually means is that a political regime in that country, or series of political regimes, have, through a long period of fraud, abuse, graft, corruption and mismanagement, effectively collapsed the economy of that country.

    What Does It Mean?

    Some have asked questions like, “Is the goal to force the US into the same kinds of IMF austerity programs that have caused riots in so many other nations?” Some predicted years ago that the “international bankers” would bring down the American economy.

    I used to think, frankly, that such kinds of talk were crazy-talk. I’m not so sure anymore.

    Catherine Austin Fitts – former managing director of a Wall Street investment bank and Assistant Secretary of the Department of Housing and Urban Development (HUD) under President George Bush Sr. – calls what is happening to the economy “a criminal leveraged buyout of America,” something she defines as “buying a country for cheap with its own money and then jacking up the rents and fees to steal the rest.” She also calls it the “American Tapeworm” model, explaining:

    [T]he American Tapeworm model is to simply finance the federal deficit through warfare, currency exports, Treasury and federal credit borrowing and cutbacks in domestic “discretionary” spending …. This will then place local municipalities and local leadership in a highly vulnerable position – one that will allow them to be persuaded with bogus but high-minded sounding arguments to further cut resources. Then, to “preserve bond ratings and the rights of creditors,” our leaders can he persuaded to sell our water, natural resources and infrastructure assets at significant discounts of their true value to global investors …. This will be described as a plan to “save America” by recapitalizing it on a sound financial footing. In fact, this process will simply shift more capital continuously from America to other continents and from the lower and middle classes to elites.

    Writer Mike Whitney wrote in CounterPunch in April 2005:

    [T]he towering [U.S.] national debt coupled with the staggering trade deficits have put the nation on a precipice and a seismic shift in the fortunes of middle-class Americans is looking more likely all the time… The country has been intentionally plundered and will eventually wind up in the hands of its creditors This same Ponzi scheme has been carried out repeatedly by the IMF and World Bank throughout the world Bankruptcy is a fairly straightforward way of delivering valuable public assets and resources to collaborative industries, and of annihilating national sovereignty. After a nation is successfully driven to destitution, public policy decisions are made by creditors and not by representatives of the people …. The catastrophe that middle class Americans face is what these elites breezily refer to as “shock therapy”; a sudden jolt, followed by fundamental changes to the system. In the near future we can expect tax reform, fiscal discipline, deregulation, free capital flows, lowered tariffs, reduced public services, and privatization.

    full article;
    http://www.infowars.com/what-should-we-make-of-obamas-spending-freeze-2/print/
     
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