Share on Google Plus Share on Twitter Share on Facebook 3 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 4 (7 Shares)  
Printer Friendly Page Save As Favorite View Favorites View Stats   18 comments

OpEdNews Op Eds

Debt Ceiling Debate Charade Masks Planned Entitlement Cuts

By (about the author)     Permalink       (Page 1 of 4 pages)
Related Topic(s): ; ; ; , Add Tags Add to My Group(s)

Well Said 3   Must Read 2   Supported 1  
View Ratings | Rate It Headlined to H2 7/15/11

Become a Fan
  (191 fans)

Debt Ceiling Debate Charade Masks Planned Entitlement Cuts - by Stephen Lendman

Short of finalizing details and assuring enough bipartisan support, it's a done deal to slash Social Security, Medicare, Medicaid, and other social spending while leaving outsized military budgets and generous handouts to corporate favorites in place. 

At the same time, the timeline to accomplish it is undetermined. Political posturing may extend the August 2 deadline until fall or beyond.

It's how corrupted Washington always works, notably since the 1980s under both parties. Obama was elected to assure continuity and accomplish by rhetorical duplicity what Republicans on their own can't do.

Notably after capitulating last December on tax cuts for America's super-rich, he proposed deep budget cuts, affecting disease prevention, children's and community healthcare, education, supplemental grants to poor women and children, community block grants for housing, energy efficiency and renewable energy, and other benefits for people most in need. 

He's a charlatan, not a leader who cares. Earlier, he proposed hundreds of billions in Medicare cuts. It was step one ahead of incrementally ending entitlements and other social benefits altogether, including publicly funded pensions, returning America to dark age harshness.

Bipartisan duplicity supports it, including slashing healthcare, education, housing, virtually all social benefits incrementally, eliminating them all altogether. Obama and many Democrats tacitly agree. Timing is mostly at issue with an eye to 2012. 

In principle, Obama and Speaker Boehner privately agreed to $4 trillion in Social Security, Medicare, and other social spending cuts, backtracking when word leaked prematurely to a more modest $2.4 trillion package, then resurrecting the $4 trillion one.

At a July 11 press conference, Obama again stressed "shared sacrifice," leaving unexplained he means working households sacrifice to let America's super-rich share. 

Also unmentioned was his 2006 debt ceiling position, voting against raising it in the Senate saying:

"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the US government can't pay its bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our government's reckless fiscal policies."

"Increasing America's debt weakens us domestically and internationally. Leadership means that 'the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better."

As President, Obama endorsed reckless fiscal policies, including:

-- trillions of bailout dollars to bankers;

-- generous handouts to other corporate favorites;

-- record high military spending for multiple illegal wars and proxy ones;

Next Page  1  |  2  |  3  |  4


I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon

Go To Commenting
The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact Author Contact Editor View Authors' Articles

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

The McCain-Lieberman Police State Act

Daniel Estulin's "True Story of the Bilderberg Group" and What They May Be Planning Now

Continuity of Government: Coup d'Etat Authority in America

America Facing Depression and Bankruptcy

Lies, Damn Lies and the Murdoch Empire

Mandatory Swine Flu Vaccine Alert


The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
9 people are discussing this page, with 18 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

After witnessing the president's news conference t... by Michael Shaw on Friday, Jul 15, 2011 at 11:11:34 AM
Stress alone will kill off the seniors that find t... by Mike Preston on Friday, Jul 15, 2011 at 11:13:15 AM
I am so happy to be your fan. End the Fed. Ye... by Elizabeth Hanson on Friday, Jul 15, 2011 at 11:27:39 AM
are already struggling to afford their health care... by Michael Shaw on Friday, Jul 15, 2011 at 11:30:54 AM
are only two groups who face death by starvation. ... by John Shriver on Friday, Jul 15, 2011 at 12:28:22 PM
Frankly Mr Shriver, I not only point the finger at... by Michael Shaw on Friday, Jul 15, 2011 at 1:40:02 PM
what to do about it short of a bloody civil war. C... by John Shriver on Friday, Jul 15, 2011 at 6:44:41 PM
But you are right. How indeed and where is that le... by Michael Shaw on Friday, Jul 15, 2011 at 9:54:06 PM
What else--short of a large army--could begin to g... by Jill Herendeen on Saturday, Jul 16, 2011 at 8:34:42 AM
A general strike would be good. Getting it to happ... by Michael Shaw on Saturday, Jul 16, 2011 at 12:40:02 PM
See Ted Rall's article "The Revolution Will Not Be... by Richard Girard on Saturday, Jul 16, 2011 at 2:05:27 PM
A new Freedom Ride. It sounds good to me! Thanks R... by Michael Shaw on Saturday, Jul 16, 2011 at 8:40:01 PM
See Ted Rall's article "The Revolution Will Not Be... by Richard Girard on Saturday, Jul 16, 2011 at 2:08:34 PM
... by Kathy Brownley on Saturday, Jul 16, 2011 at 3:19:23 PM
President Obama now supports transforming Medicare... by Blaine Kinsey on Friday, Jul 15, 2011 at 8:02:03 PM
...who will be affected by these cuts, I must conf... by Ginger McClemons on Friday, Jul 15, 2011 at 10:54:55 PM
if they cut my benefits I will not be able to surv... by Michael Shaw on Saturday, Jul 16, 2011 at 12:33:52 PM
for five years.)   I think it was Jefferson... by Richard Girard on Saturday, Jul 16, 2011 at 1:22:23 PM