Former Fed Chairman Alan Greenspan said that the push by congressional Republicans to extend the Bush tax cuts without offsetting the costs elsewhere could end up being "disastrous" for the economy. Fareed Zakaria stated that the Bush tax cut is the single largest chunk of the budget deficit as illustrated on the chart. David Stockman […]
Archives for August 2010
Stephen Colbert Compares Bush Tax Cuts To Digesting Bud Light Lime #p2 #tcot #teaparty
The Colbert Report Mon – Thurs 11:30pm / 10:30c The Word – Ownership Society www.colbertnation.com Colbert Report Full Episodes 2010 Election Fox News
Alan Greenspan: Extending Bush Tax Cuts Without Paying For Them Could Be ‘Disastrous’ #p2 #tcot #teaparty
Former Fed Chairman Alan Greenspan said that the push by congressional Republicans to extend the Bush tax cuts without offsetting the costs elsewhere could end up being "disastrous" for the economy. In an interview on NBC’s "Meet the Press," Greenspan expressed his disagreement with the conservative argument that tax cuts essentially pay for themselves […]
George Bush Tax Cuts Is Single Largest Chunk Of Budget Deficit #p2 #tcot #teaparty
Right Wing Republicans Caused Economic Apocalypse – So Says Reagan’s OMB Dir David Stockman #p2 #tcot #teaparty
David Stockman was President Ronald Reagan’s supply side OMB director in 1980s. He wrote an impressive article titled Four Deformations Of The Apocalypse in the New York Times that everyone including those in the media should read carefully. For him to make these statements now shows the fear he has that we may return to […]
Reagan’s OMB Dir David Stockman Puts Blame Of America’s Economic Demise On Republicans #p2 #tcot #teaparty
David Stockman was President Ronald Reagan’s supply side OMB director in 1980s. He wrote the impressive article below in the New your times that everyone including those in the media should read carefully. For him to make these statements now shows the fear he has that we may return to the irresponsible supply-side policies of […]
Diversity Is In The Eye Of The Beholder: A Day At Uni-Tea #p2 #tcot #teaparty
It was billed as the most diverse tea party rally ever. For three hours Saturday afternoon, we waited for the diversity to show up. Was Saturday’s Uni-Tea rally in Philadelphia a success? Well, it depends on your definition of "epic fail." If you’re more on the defensive end of the tea party spectrum, you […]
Daily Kos: Defending the Obama Administration’s Record
From the beginning of his administration, there has been a perennial flaring up of tensions between President Obama and the liberal wing of our common party. His compromise on the stimulus package at the beginning, followed by his choice to avoid nationalizing the banks, deals cut with instead of given to the auto industry, […]
President Obama Weekly Address: Moving Forward on the Economy vs. Moving Backward #p2 #tcot #teaparty
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