Page 40 - Class War News Today

Us. sir, let me quote what you said in may. this was maybe americas last chance to fight back the wall street. degenerates serious discussion about public interest and common good that sustains democratic experiment. the escalation of the class war against the poor and working class is intense. i thought barack obama could have provided a way out, but he lacks backbone. yesterday as he stood in the rose garden and called out on refusing to raise revenues against the wealthiest americans, is that...

republican leaders promptly dismissed it calling the plan class warfare. does the presidents plan have a chance? joining me is gene sperling director of the national economic council. thank you for joining me. the president announced today hell go after the rich. the republicans say that is a form of class warfare. the president says its math. but the reality is it is class warfare. the rich are a class and hes going after them. >> its the opposite. the president is asking for balance,...

the wealthiest american. republican leaders promptly dismissed it calling the plan class warfare. does the presidents plan have a chance? joining me is gene sperling director of the national economic council. thank you for joining me. the president announced today hell go after the rich. the republicans say that is a form of class warfare. the president says its math. but the reality is it is class warfare. the rich are a class and hes going after them. >> its the opposite. the preside...

trillionplan to cut the deficit. reduce spending in iraq and afghanistan and higher taxes on the wealthiest american. republican leaders promptly dismissed it calling the plan class warfare. does the presidents plan have a chance? joining me is gene sperling director of the national economic council. thank you for joining me. the president announced today hell go after the rich. the republicans say that is a form of class warfare. the president says its math. but the reality is it is c...

fewer americans filed first-time jobless claims last week. the labor department says that it got 395,000 initial claims. thats a drop of 7,000. it is the first time the number dipped below 400,000 since early april. united nations says that the drought ravaging the horn of africa has not peaked. that means a long-term threat of famine. the u.n. says 12 million people, if you can believe that, are at risk. desperately needs more than a billion dollars to feed them. musician and activist...

because i wasnt willing to try to make a point and at the same time drive the economy off into the abyss. but make no mistake, i dont know of a single democrat who voted for this bill who thought it was a good bill. not one single democrat. >> i know you said that the consequences of default would be catastrophic but its interesting you say you would have voted for it if your vote was needed to make it pass. a critic could say well, then, that your vote is sort of about politics becaus...

Economics. those committed to the mindset of shared scarcity are telling future generations, sorry, youre going to have to make due with much less. your taxes will go up because washington cant get government spending going down. if we can sur rehndy more of our economy over to a govern earning class, then were shag. thats the real class war that threatens urks picking winners and losers and determining our de destinies for us. president obama stressed that the budget bat sl not just about num...

Close to the conversation we are having or are we in a dream land at this table as they sit in their dream land nowhere near the conversation we are having. >> like i said 3.2% on the treasury bond. most of the markets think it is all just bluster. look there have been like 70-something times since 1962 we have been through this discussion, right? and in some cases like ronald reagan, wlofr is in charge will say that armageddon will befall you if you dont vote for increase in the debt ceiling. t...

When you do that, then youre left with the safety net. so they take out a meat cleaver and make unbelievably deep and unrealistic and untenable cuts, even though must know that, in the safety net and that turns the fiscal debate where we should be getting engagement between the two parties into what i called the other day the beginning of a class war. and its really unfortunate, because i believe we dont have that much time to address our real fiscal problem, and were now heading down into a dit...

Talked about is eliminating loopholes and lowering the rates for everybody, which means you start over with a whole new set of rates. obamas own commission has recommended a set of three rates, 8%, 14 of the highest, 23%. its not between the clinton rates and the bush rates. obama knows it. he pretends that what ryan has advocating is a return to rates of the, and staying at the bush rates. when that is not the issue. he knows this. its clear. this is only about appealing to class war and trying...