What follows here is a synopsis of, and a link to, Keith Olbermann's recent tirade.
- In exchange for selling out a principle campaign pledge, and the people to whom and for whom it was made,
- in exchange for betraying the truth that the idle and corporate rich of this country have gotten unprecedented and wholly indefensible tax cuts for a decade,
- in exchange for giving the idle and corporate rich of this country two more years to accumulate still more and more vast piles of personal wealth with which they can buy and sell everybody else
- in exchange for extending what he spent the weeks before the midterms calling tax cuts for millionaires and billionaires to people who have proven, without a scintilla of doubt, without even a fig leaf of phony effort to make it look like they would do otherwise, that they will keep the money for themselves
- in exchange for injecting new vigor into the infantile, moronic, disproved-for-a-decade three-card Monte game of an economic theory purveyed by these treacherous and ultimately traitorous Republicans, that tax cuts for the rich will somehow lead to job creation, even though if that had ever been true in the slightest, the economy would not be where it is today
- in exchange for giving tax cuts for the rich which the nation cannot afford, and extending their vintage through the next election and thus promising, at best, a reenactment of this whole sorry, amoral, degrading spectacle during the 2012 presidential campaign, when the sides will be climbing over each other to again extend these cuts -"
- In exchange for this searing and transcendent capitulation, . .
. . the President got just thirteen months of extended benefits for those unemployed less than 100 weeks. And he got nothing, absolutely nothing for those unemployed for longer, the "99ers."
This the Administration is celebrating, taking the victims of Republican economic policy, taking the living breathing proof that the Bush tax cuts for the rich do not create jobs, and putting economic bulls eyes on their backs as of next December.
On the one hand, unaffordable tax breaks for the beneficiaries of the Bush tax cuts, made ever more permanent as they threaten to suck $4 trillion out of government revenues in the next decade.
On the other hand, an insufficient dead-end unemployment solution for Americans who would actually work for a living, a solution made ever more temporary.
And we are hearing nothing about those 99ers, even though the numbers of them will balloon from two million to four million or more by next December even with this deal, even though just last Thursday, the President's own Council of Economic Advisers reiterated the reality that the easiest way to create jobs and keep jobs is to make sure that the unemployed continue to have money to spend.
The unemployed, unlike the rich whom this president has just bowed to, are, in fact, the job creators
Why so? Because they do not have investment portfolios to expand. They do not have vast savings into which to stuff their government checks. Instead, they have to spend the money, all of the money, which is exactly what would help create the jobs that this country needs, as employers scramble to produce the products called for by this increased demand.