JOIN VNN COLUMNIST TEAM | SIGN UP FOR NEWSLETTER
VETERANS NEWS NOW ON : FACEBOOK | TWITTER | FORUM
|

Lloyd Blankfein is the Face of Class Warfare

Senator Bernie Sanders is taking a stand

 

Please stand with me in fighting for a deficit reduction plan which is fair — Sign the petition calling on Congress to let the Bush tax cuts expire, while protecting vital programs.”

http://democracyforamerica.com/petitions/1?t=bernie2

“I look forward to working with President Obama and all members of Congress to do deficit reduction in a way that finally asks the wealthiest people in our country to pay their fair share, and that recognizes the needs of working families.

Despite the fact that we just won a major electoral victory over Big Money, Wall Street CEOs, big corporations and the millionaires and billionaires are not giving up. Defeating them will take a major grass-roots effort with millions of people getting involved in this fight.”

Lloyd Craig Blankfein is CEO and Chairman of Goldman Sachs.

 

The People Have Spoken

Dailykos.com, Nov.29, 2012

As I’m sure you are aware, there is currently a major effort being waged by Wall Street CEOs, Republicans and some Democrats to do deficit reduction on the backs of the middle class and working families.

This could mean, among other things, significant cuts to vital programs such as Social Security, Medicare and Medicaid.

President Obama and the Democrats won a decisive victory on Election Day.  The people have spoken and the Democratic Leadership must make it very clear that they intend to stand with the middle class and working families of our country, and not the Big Money interests.  This means that in the coming weeks and months the Democrats must hold the line in demanding that deficit reduction is done in a way that is fair — and not on the backs of the elderly, the sick, children and the poor.

As Congress reconvenes and addresses the so-called “fiscal cliff,” I have outlined several ways that we can do deficit reduction without cutting the programs that working families rely on most:

•    At a time when the wealthiest people in our country are doing phenomenally well, we must eliminate the Bush tax cuts favoring the top 2 percent.
•    At a time when corporate profits are soaring, we must end the absurd tax policy that allows about one-quarter of large, profitable corporations to pay nothing in federal income taxes.
•    At a time when the federal treasury is losing over $100 billion annually because the wealthy and large corporations are stashing their money in tax havens in the Cayman Islands and elsewhere, we must pass real tax reform that ends this outrage.
•    At a time when we spend almost as much as the rest of the world combined on defense, we must cut defense spending.  There is also waste in other governmental agencies which must be eliminated.

Now, is the time to hold Democrats accountable and ensure that we do deficit reduction in a way that is fair, while also protecting Social Security, Medicare and Medicaid.Please stand with me in fighting for a deficit reduction plan which is fair — Sign the petition calling on Congress to let the Bush tax cuts expire, while protecting vital programs.

Let me be clear. Social Security has not contributed one penny to the deficit because it is funded independently by the payroll tax.  In fact, the Social Security Trust Fund today, according to the Social Security Administration, has a $2.7 trillion surplus and can pay 100 percent of all benefits owed to every eligible American for the next 21 years. Social Security, as well as Medicare and Medicaid, must be protected.

Poll after poll shows that the American people want to see deficit reduction done in a way that is fair. They do not want to see cuts in Social Security, Medicare and Medicaid while millionaires, billionaires and large corporations continue to receive huge tax breaks.

In my view, if the Republicans continue to play an obstructionist role, the president should get out of the Oval Office and travel the country. If he does that, I believe that he will find that there is no state in the country, including those that are very red, where people believe that we should give huge tax breaks to millionaires and billionaires, while cutting Social Security, Medicare and Medicaid.

Right now, the Bush tax cuts are set to expire at the end of this year. That means the only way that Republicans can extend tax breaks for the wealthy and cut vital programs is if Democrats let them.

Sadly, virtually all Republicans and some Democrats are too willing to do deficit reduction in a way that hurts those who are already hurting.

Don’t let them win. The Bush tax cuts must be allowed to expire. Please sign the petition today.

I look forward to working with President Obama and all members of Congress to do deficit reduction in a way that finally asks the wealthiest people in our country to pay their fair share, and that recognizes the needs of working families.

Despite the fact that we just won a major electoral victory over Big Money, Wall Street CEOs, big corporations and the millionaires and billionaires are not giving up. Defeating them will take a major grass-roots effort with millions of people getting involved in this fight.

Please, stand with me today.

Thank you,
Bernie
U.S. Senator Bernie Sanders

Bernie Sanders was elected to the U.S. Senate in 2006 after serving 16 years in the House of Representatives. He represents the great state of Vermont and is the longest serving independent member of Congress in American history.


Brzezinski: “Publish Their Names, the Mysterious Super-Rich Who Only Take”

 

Visit NBCNews.com for breaking news, world news, and news about the economy

Short URL: http://www.veteransnewsnow.com/?p=219024

The views expressed herein are the views of the author exclusively and not necessarily the views of VNN or any other VNN authors, affiliates, advertisers, sponsors or partners. Notices

Posted by on Dec 1 2012, With 0 Reads, Filed under Big Business, Causes, Editors' Picks, Investing & Finance, Jobs, Life, Peace. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.
Get Your Loan Now
Apply for VA Loan Now
Education
Get Your Loan Now
Get Your Loan Now
Get Your Loan Now
Apply for your VA Home Loan Now
Apply for your VA Home Loan Now
Apply for your VA Home Loan Now
Apply for Jobs on HireVeterans.com Now
Apply for Jobs on HireVeterans.com Now
Apply for Jobs on HireVeterans.com Now
body mind baja

COMMENTS

To post a comment, you must login using Facebook, Yahoo, AOL, or Hotmail in the box below.
Don't have a social network account? Register and Login direct with our site and post your comment.
Before you post, read our Comment Policy - Legal Notice


Comments Closed

Comments are closed

 

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Join Our Daily Newsletter
  View Newsletter ARCHIVE

WHAT'S HOT

  1. Christian-Zionists Problem – Khazar DNA
  2. Global Polymer Solutions Corporation Hiring Veterans!
  3. The Second Mystery Around Malaysian Airlines Flight MH370
  4. The Dangerous Neocon-R2P Alliance
  5. Independent 2013 Survey Shows Veterans Highly Satisfied with VA Care
  6. Ed Miliband latest Western politician ‘taken in’ by Sderot
  7. Hurtling into DARKNESS: America’s Great Leap Towards Global Tyranny
  8. Alison Weir: Why is the US Honoring a Racist Rabbi?
  9. Promoting a “Right to Heal” from Ft. Hood to Abu Ghraib
  10. Tech Business Has Increased Need For Hiring!
  11. Excavation Company Looking To Hire Skilled Veterans!
  12. CIA Terror Chief Pulls Rank in Kiev
  13. VA Researchers Receive Nation’s Top Award for Early Career Scientists
  14. Understanding Modern Israel: Why It Is Driving The World Towards Madness
  15. President Vladimir Putin’s letter to leaders of European countries
  16. BBC misreports John Kerry on talks failure
  17. A review of the role of workplace mobbing at Fort Hood, TX
  18. Washington and NATO’s New Surrealpolitik
  19. Chris Hedges: “Israel’s War on American Universities”
  20. Iran, Orientalism, and Western Illusions about Syria
  1. Joseph E Fasciani: It’s been a few years since I last read one of John’s articles or essays, and while...
  2. REXW: With all due respect to the comment above…” “As the U.S. military withdraws from Afghanistan,” it...
  3. Sean Steele: Jason more reason to dump those worthless parasites and declare Iran an allied nation. The world would...
  4. Sean Steele: This prophecy, by Benjamin Franklin, was made in a “CHIT CHAT AROUND THE TABLE DURING...
  5. jvmcdee: “…The 58-year-old spymaster is the embodiment of how Washington has itself become a secret,...

Apply for VA Home Loan Now!

Military Veterans Radio

Archives