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OpEdNews Op Eds    H2'ed 7/15/11

Debt Ceiling Debate Charade Masks Planned Entitlement Cuts

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-- the same anti-labor tax workers, not the rich policies as Republicans;

-- wrecking Social Security, Medicare, Medicaid, and other social spending policies; and

-- rhetorically insisting the debt ceiling be raised before the August 2 deadline as part of a deal to please Wall Street at the expense of working households and seniors, dependent on vital entitlements they can't afford to lose or see weakened.

In fact, economist Michael Hudson accused Obama of governing to the right of George Bush, Sarah Palin, and Michele Bachmann, the Republican far right-wing extremist presidential candidate endorsing holy war on democratic values.

At the same time, he's triangulating more than Clinton to appear responsible. The budget debate is a charade. Republicans are playing bad cop. Obama plans selling out his constituency. Ahead is a nightmarish scenario comparable to Greece, impoverishing working households to pay bankers, starving states and cities of revenue, forcing them to sell public assets cheap, putting America on sale at fire sale prices, creating a dystopian Great Depression, wiping out generations of social progress.

Moreover, only a democrat could do this, especially a smooth talking charlatan like Obama - more duplicitous and pernicious than hardline Republicans saying, "(M)eaningful changes to Medicare, Social Security and Medicaid (plus other social spending policies must be made to) preserve the integrity of the programs and keep our sacred trust with our seniors (and other needy households), but make sure those programs were there not for just this generation, but for the next generation."

He lied. He wants them incrementally ended, perhaps over the next decade when another president will have to answer for his social destruction. His Wall Street and other corporate cronies demand it. They also want and will get the debt ceiling raised. It's why they funded his 2008 campaign, put him in the White House, and assure his reelection if he plays ball.

Chamber of Commerce president Thomas Donahue also weighed in, saying:

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