Tag Archives: Social Security

Bernie Sanders Exposes Republican Plot To Cut Social Security For 11 Million Disabled People! The Initial Move By Republicans To KILL SOCIAL SECURITY & Give To Corporate & Rich! I Think They Call It ‘TRICKLE UP’ ECONOMICS!

Sen. Bernie Sanders (I-VT) is warning that Republicans are plotting to cut Social Security benefits for 11 million disabled Americans through a rule change that would make it more difficult to fund the disability account.

In a statement, Sen. Sanders explained what the House rules change will mean for disabled Americans, who depend on Social Security: (Inside) Continue reading

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TO ALL MY ‘NON-TRIVIAL’ READERS – THE READERS WITH INTELLECT, WHO THINK FOR THEMSELVES: I Published My Post Count On November 15, 2013. ‘What Is 7×9?’ Currently Leads The Pack. That Post Is Easy On The Gray Matter And Not Too Verbose – This I Understand. And It Is Important & Relevant – I Don’t Publish Anything I Consider ‘Trivial’. But While That Post Has 2,254 Hits As I Write This, My Most Important Post Has 89 Hits Over The Past 2-Months. You MUST NOT Rely On ‘Post Hits’ To Determine What You Read And What You Ignore! My Most Important Post Is Not About Today’s News Or Tomorrow’s; It’s About FDR’s NEW DEAL Of The 1940s With A History Lesson Included. If You Don’t Know Your History, You Are Doomed To Relive It. I Guarantee It Will Be Well Worth Your Time And Effort To Know True American History And The “Deal” FDR Cut With The Capitalists & Why! – ADVISORY\3

TABACCO: To read my ‘Most Important’ Post, not my ‘most read’ post, go to:

AMERICAN CAPITALISM SERIES, Part II: CIO, SOCIALISTS, COMMUNISTS & FDR’s NEW DEAL! Political Solutions Without The Greedy Rich, The Mainstream Media, Democrats, Republicans Or The Supreme Court! That In Itself Is A New Concept! Richard Wolff Offers Viable, Innovative, Unconventional Solutions To Correct Capitalism’s Selfishness, Unfairness & Excesses. Politicians Either Can’t Or Won’t Solve Problems. And He Gives A History Lesson On FDR’s NEW DEAL And Why Corporations And Rich Financed It To Prevent Socialism And Communism From Replacing American Capitalism. New Thinking And New Approaches Are Needed To Achieve Results For Currently Insoluble Dilemmas & Future Crises Just As FDR Used During Great Depression. There Have Been 13 Depressions Or Recessions Since 1929. Every President Has Had At Least 1. Each Promises, “My Policies Will (1) End Current Crisis And (2) Ensure We Never Have A Crisis Like This Again!” Has Any President Succeeded In Keeping His Promise To Date? You Tell Me!
http://tabacco.t-a-b-a-c-c-o.org/?p=1230 Continue reading

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TPP – TRANS-PACIFIC PARTNERSHIP! Obama’s Top Secret Trade Agreement Deal That Benefits Big Biz All Over The Planet & Penalizes Everybody Else. Wait Till You Read Barack’s Campaign Promises vis-à-vis The TPP! While Republicans Attacked Rev. Wright, His Christian Minister, Then Allege He’s Really A Muslim, Then Go On To Impugn The Affordable Care Act, Which The Deceitful GOP Would Not Fund Properly & Booby Trapped, Calling It “ObamaCare” To Sack Him With Their Duplicities, Obama Is Doing REAL Unmentionable ABOMINATIONS The GOP Propaganda Machine Chooses To Ignore – I’ll Bet You Can Guess Why! No? It’s Because Obama Is Doing The GOP-Corporatists’ Bidding – Why Would GOPers Object To That! They Shut Up And Let Him Take The Heat – And Bitch About BS Issues That Won’t Hold H2O!

DEAN BAKER: Yeah, let me carry that even a step further with the prescription drugs, just to try and put some dollars and cents on that. We spend around $300 billion a year on prescription drugs. Without patent and other similar protection we’d be spending about $30 billion. So this is, you know, how much for paying extra for prescription drugs because we have patent-related protections.

Now you could imagine a trade agreement, if this was really about trade, we’d be going, “How can we bring those prices down?” But instead, what you have is the drug companies there, and they’re not talking about how to bring them down. They’re talking about how to bring them up. Primarily in other countries, but they’d like to bring them up in the United States as well.

BILL MOYERS: Is that free trade?

DEAN BAKER: It’s the opposite.

BILL MOYERS: That law, is the patent law free trade?

DEAN BAKER: It’s a protection. And that’s what I just find–

YVES SMITH: Right.

DEAN BAKER: –so amazing. It’s called patent protection. And then they’re going, “That’s free trade.” And No, this is a government-granted monopoly. And that just speaks to, you know, how convoluted our language has become, that it’s not free trade if we don’t extend the government-granted monopoly long into the future.

BILL MOYERS: Is it conceivable to you that this could affect the enforcement of Dodd-Frank, which was ostensibly passed to prevent another great crash like 2008? Could this affect the enforcement of Dodd-Frank?

YVES SMITH: Yeah. No, I mean, certainly the derivatives regulation, and I would expect the capital levels. There’s no–

BILL MOYERS: How? How would that work?

YVES SMITH: The first language in both these deals goes something along the lines with, “All signatories are required to make their laws and regulations conform to the standards of this agreement.” They are literally required to make their nation-based laws subordinate to the terms of these agreements. And again, we don’t know exactly what’s in them. But the whole notion is that they are to permit very liberalized capital flows and minimal restrictions. So like, Dodd-Frank basically is inconsistent with that.

BILL MOYERS: So foreign trade partners would conceivably be allowed to challenge American laws?

YVES SMITH: Yeah.

DEAN BAKER: That’s exactly the point— Continue reading

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SUPER-SIZING BIG GOVERNMENT & BIG FAST FOOD + MINIMUM WAGE MYTH: How You The Taxpayer Subsidizes Employees Of McDonald’s, Burger King, Wendy’s, Wal-Mart, etc. With Billion$ Because Those Giants Pay Such LOW WAGES That Their Employees MUST Be On Food Stamps If Not WELFARE To Survive! $7.25-Per-Hour Means POVERTY LEVEL In New York & Many Other States! BUT – $2.13 Per Hour MINIMUM WAGE FOR TIPPED WORKERS! Are You Kidding! USA DEMANDS LIVING WAGE, NOT MINIMUM WAGE! Most Importantly, The “Living Wage” Must Be Based On The COST OF LIVING INDEX, On State-By-State Basis, Adjusted Annually – Not The Ludicrous Federal Minimum Wage Law Of Today (One-Size-Fits-All)!

RICHARD WOLFF: That’s right. And it’s painful for some of us to hear that, because it is so obviously untrue. It is so obviously contradicted by the realities, not just of those who work at the minimum wage, but all of those who work at or even at 50 percent above what we call the poverty level. Because when you look at what families like that can actually afford, they have to deny huge parts of the American dream to their children and to themselves as a necessary consequence of where they are put.

And I don’t need to be an economist to put it as starkly as I know how. We can read every day that in the major cities of the United States, apartments are changing hands for $10 million, $20 million, $30 million, $40 million. People have enormous yachts that they cruise — we all see it. We all know it. We even celebrate it as a nation. How does that square with millions of people in a position where they can’t provide even the most basic services and opportunities?

We don’t have equality of opportunity. Because there is no shortcut! If you want equality of opportunity, you’re going to have to create equality of income and wealth much closer to a genuine equality than anything– we’re going in the other direction. And so I agree with you. It’s stark if our president talks about something so divergent from the reality. Continue reading

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SHOW ME THE MONEY! U.S. Loans From COMMUNIST CHINA To Finance T.A.R.P. & OPEC WARS! WHAT HAPPENS TO THE MONEY OUR GOVERNMENT RECOVERS? 1) Bush Regime Told Us, “The Iraq War Will Pay For Itself!” The War Paid Them, But It Never Paid US! SHOW ME THE MONEY! – 2) T.A.R.P. Was Loans To Banks, Lending Corporations & Financial Institutions. Some Monies Have Been Repaid. AIG Repaid Its Entire Loan + Interest. What Happened To That Principal? Did You Use Principal To PAY DOWN National Debt? And If Not, Why Not! SHOW ME THE MONEY! –3) Social Security Trust Fund Maxed Out At $2.6Trillion. $2.6Trillion Social Security Surplus Is NOT BROKE! $25Trillion National Debt Is BROKE! SHOW ME THE MONEY! Reagan Said, “Trust, But Verify!” SHOW ME THE MONEY!

When the U.S. Government takes out LOANS to finance OPEC WARS & T.A.R.P. (Welfare Programs for ‘TOO BIG TO FAIL’ Corporations), what happens to the Money the Government RECOUPS? George W. Bush’s Deputy Secretary of Defense, Paul Wolfowitz, told us, “The Iraq War will pay for itself!” – Haven’t you learned yet NOT to trust Political Promise$! Continue reading

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AMERICAN CAPITALISM SERIES, Part II: CIO, SOCIALISTS, COMMUNISTS & FDR’s NEW DEAL! Political Solutions Without The Greedy Rich, The Mainstream Media, Democrats, Republicans Or The Supreme Court! That In Itself Is A New Concept! Richard Wolff Offers Viable, Innovative, Unconventional Solutions To Correct Capitalism’s Selfishness, Unfairness & Excesses. Politicians Either Can’t Or Won’t Solve Problems. And He Gives A History Lesson On FDR’s NEW DEAL And Why Corporations And Rich Financed It To Prevent Socialism And Communism From Replacing American Capitalism. New Thinking And New Approaches Are Needed To Achieve Results For Currently Insoluble Dilemmas & Future Crises Just As FDR Used During Great Depression. There Have Been 13 Depressions Or Recessions Since 1929. Every President Has Had At Least 1. Each Promises, “My Policies Will (1) End Current Crisis And (2) Ensure We Never Have A Crisis Like This Again!” Has Any President Succeeded In Keeping His Promise To Date? You Tell Me!

THE INDUSTRY GAME OF MONOPOLY, PLAYED WITH REAL MONEY:

NARRATOR: John D. Rockefeller’s oil makes up nearly 40% of the cargo shipped on the rails. But, when Vanderbilt teams with his (own) biggest rival (Tom Scott, Pennsylvania RR) to push for a Rate Increase, Rockefeller takes it as a Declaration of War! He builds a Pipeline in response and begins to pull his shipments (from the railroads). And since the railroads have been drastically overbuilt, losing cargo means losing money.

Stocks plummet as Investors run scared! By the time the PANIC of 1873 is through, 1/3 of the country’s 360 Railroad Companies have gone bankrupt!

JOHN D. ROCKEFELLER – TOM SCOTT CONVERSATION:
(NARRATOR: No one has capitalized more on the growth of the oil industry than John D. Rockefeller, who now controls 90% of the U.S. oil market. With the death of Cornelius Vanderbilt, only one man stands in the way of Rockefeller’s complete control of oil – Tom Scott!)
ROCKEFELLER: I’ve tried to be friendly to the Pennsylvania. I’ve given you plenty of business, have I not?
SCOTT: (Nods affirmatively)
ROCKEFELLER: And now I find that you’re invading my field, and that, my friend, is piracy!
SCOTT: (rising from his chair) We’ll take your feelings into account, Mr. Rockefeller.
ROCKEFELLER: (rising to shake hands) Two-thirds of the oil you carry comes from me. If you don’t retreat, I’ll take it to the other railroads.
SCOTT: As far as I’m aware, there isn’t another railroad that runs from Pittsburgh to New York. (He then walks out of the room, followed by his protégé, Andrew Carnegie)
———————————————————————
ROCKEFELLER: I don’t want one drop of our oil traveling on the Pennsylvania!
ASSISTANT: But what about the Pittsburgh Refineries?
ROCKEFELLER: Shut them down!
(NARRATOR: Shutting down his refineries will cost Standard Oil a fortune in lost revenue! But for Rockefeller, crushing his Competition matters more than anything else!

Without Rockefeller’s oil, Scott loses nearly half of his business, forcing him to layoff tens of thousands of workers and drastically cut wages. Those workers take to the streets in protest. And, as darkness falls on Pittsburgh, they turn violent. A fire is set in Tom Scott’s train yards. Before the night is over, more than 39 buildings and over 1,200 train cars are destroyed. Tom Scott’s Company lays in ruin!

H. W. BRANDS, Historian: This is how Capitalism works!
(Transcribed by Tabacco from ‘All New – The Men Who Built America: More 2 Version’, Episode: A New War Begins) Continue reading

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AMERICAN CAPITALISM SERIES, Part I: THE CAPITALISM MYSTIQUE! Political Solutions Without Reliance On The Greedy Rich, Corporations, The Mainstream Media, Democrats, Republicans Or The Supreme Court! That In Itself Is A New Concept! Richard Wolff Offers Viable, Innovative, Unconventional Solutions To Correct Capitalism’s Selfishness, Unfairness & Excesses. Politicians Either Can’t Or Won’t Solve Problems. New Thinking And New Approaches Are Needed To Achieve Results For Currently Insoluble Dilemmas & Future Crises Just As FDR Used During The Great Depression. There Have Been 13 Depressions Or Recessions Since 1929. Every President Has Had At Least 1. Each Promises, “My Policies Will (1) End Current Crisis And (2) Ensure We Never Have A Crisis Like This Again!” Has Any President Succeeded In Keeping His Promise To Date? You Tell Me!

TABACCO: The “OCCUPY MOVEMENTS” are futile, unsuccessful attempts by REAL Grass Roots to achieve Economic Change. They could not succeed because at its heart it requires the Individual Rich, the Corporatists, the MSM and the Politicos to feel so embarrassed, so ashamed that they would capitulate and DO THE RIGHT THING! You can never embarrass those guys enough to achieve your own Goals of FAIRNESS! Nor will they respond favorably to entreaty and pleading!

“Power concedes nothing without a demand. It never did and it never will. Find out just what any people will quietly submit to and you have found the exact measure of injustice and wrong, which will be imposed upon them, and these will continue till they are resisted with either words or blows, or both. The limits of tyrants are prescribed by the endurance of those whom they oppress.” – Frederick Douglass

Without a doubt, this Series is the most important and universal subject I have tackled since I began blogging in 2005. Continue reading

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OBAMA WINS 2ND TERM! Sarah Palin’s “Let’s Make Obama A One-Term President” FAILED! The END Of Tabacco’s Nov. 6th CELEBRATION! Now, The Real Work Begins! A White Republican (George W. Bush) Nor A White Democrat (Bill Or Hillary Clinton) Could Never GET AWAY WITH Selling Out Social Security & Medicare In The Guise Of COMPROMISE As This Black Democrat In The Oval Office Plots & Schemes! The US Constitution (“3/5 Of All Other Persons”) & Missouri Compromise (1 Free State + 1 Slave State) Are Just 2 Examples Of Compromise With Evil. We The People Must Never Again Permit Political Abominations Of Such Biblical Proportions! A Judas Goat Is A Judas Goat Regardless Of Skin Color – Mr. President, The American People Will Not Permit You To Compromise With Evil!!

No Socialist President would even consider such Abominations as undermining Social Security or Medicare! Therefore that “Socialist” tag, applied by Right-Wing Liars (“Liars” because they KNOW BETTER), must be false! In Truth, no White President – Democrat or Republican – would even DARE speak such Nonsense! Had George W. Bush (R) or Bill Clinton (D) tried such a move, there would have been a Public Rhetorical Lynching! Continue reading

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The Vast Disparity Between Keynesian Economic Theory/Political Promises And Their Actual Practice In USA! Democrats Often Cannot Keep Theirs Because Republicans OBSTRUCT Anything Designed To Help ‘We The People’ Instead Of The Top 1%; Republicans Keep Their Promises Because They Never Promise ‘We The People’ Anything Anyway! And The Economic Textbooks Are Predicated On A World Dominated By Elite Countries Deploying Capitalism And Violating All Keynesian Tenets; Any Form Of Socialism Is OBSTRUCTED (There’s That Word Againl) Lest Other 3rd World Countries See The Possibilities Not Included Under Capitalism And ‘Domino Theory’ Stampede Over Capitalism On The Road To World Socialism! Why Do We Do Business With Communist China And NOT With Communist Cuba? Because Cuba Is Socialist & China Is Now Capitalist – IT WAS NEVER ABOUT COMMUNISM; IT WAS ALWAYS ABOUT SOCIALISM – Just One More Capitalist LIE!

Let’s analyze our Capitalist Axioms & see how many can actually hold water: Market Self-Correction, Deregulated Capitalism, Work Hard To Achieve, Business Creates Jobs, 2-Party System, One Man – One Vote, Free Trade, Free Enterprise, Lower Taxes, Middleclass Opportunity For All, Business Deregulation Good For All, A-Bomb Saved Lives, ‘National Security’ OPEC Wars, Exclusion of Military Expenditures From Budget, Incorporation, Social Security Failure, Medicare Failure, Public Education, Urban Renewal, Eminent Domain, NAFTA, Democracy, American Justice, Smaller Government, Americanism, & Right-To-Life Ulterior Motive! Economic Growth Forever. Almost NO KEYNESIAN or DEMOCRACY AXIOMS are actually adhered to in the USA! Capitalists give us Platitudes while they Lie, Cheat & Steal from each other and ‘We The People’! Both terms “Political Ethics” and “Economic Truisms” are OXYMORONS! Continue reading

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