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In debt vote, Senator Scott Brown has a choice: Medicaid or the super wealthy

Friday, July 29th, 2011

By Jason A. Stephany

Tuesday, August 2, marks a critical deadline for the United States economy: for the first time in our nation’s history, the government may default on its debts. And should that happen, the ripple effects will be felt by every American consumer and taxpayer. A downgrade of the United States’ credit rating, higher interest rates on our credit cards, mortgages and car loans, and investor uncertainty that will leave already-fragile markets reeling. Our slow-but-sureeconomic recovery could revert to a full-on recession in a matter of days.

The clock is running out on the debt debate, and responsible lawmakers agree that default is not an option. So why are some in congress – including US Senator Scott Brown – refusing to state a position on key aspects of the debt proposals before them? Click to continue »

The President’s State of the Union speech: just a big dance

Friday, February 11th, 2011

By Jack Hoffman

It didn’t take long, when I went to the local breakfast hangout, to be asked, “So, Jack, what did you think of the President’s State of the Union speech?”

Well, to be honest, I didn’t catch the first few minutes since I got deeply engrossed in one of my favorite action movies of the week, Transporter 3. … Instead of waiting for Bourne Identity to come on the telly, I said. Let me give our leader another shot at trying to make me believe there is still some hope. After all, some of the promises President Obama made to lots of us progressives he just hasn’t lived up to. So I decided to look at the new majority and what they are offering.

Take, for instance, all the cuts in spending. So what do you want to do? How about cutting, or even eliminating, discretionary spending? That’s less than 16% of the budget. This country is $14 trillion in debt – 18 % is for past military, or veterans benefits, plus the 80% interest on debt. The budget was $3 trillion in Fiscal Year 2009. You do the math … .

Neat: The President fell into that trap of cutting discretionary spending in any bill that comes before him. What the hell did we send our reps to Washington for? Bring some of that bacon home! Where are the states going to get the extra money for schools, roads and more? Click to continue »