The President Surrenders

By PAUL KRUGMAN
Progressive America Rising via NY Times

A deal to raise the federal debt ceiling is in the works. If it goes through, many commentators will declare that disaster was avoided. But they will be wrong.

For the deal itself, given the available information, is a disaster, and not just for President Obama and his party. It will damage an already depressed economy; it will probably make America’s long-run deficit problem worse, not better; and most important, by demonstrating that raw extortion works and carries no political cost, it will take America a long way down the road to banana-republic status.

Start with the economics. We currently have a deeply depressed economy. We will almost certainly continue to have a depressed economy all through next year. And we will probably have a depressed economy through 2013 as well, if not beyond.

The worst thing you can do in these circumstances is slash government spending, since that will depress the economy even further. Pay no attention to those who invoke the confidence fairy, claiming that tough action on the budget will reassure businesses and consumers, leading them to spend more. It doesn’t work that way, a fact confirmed by many studies of the historical record.

Continue reading Paul Krugman: Deal Disaster for Working People →

Rep. Emanuel Cleaver, chairman of the Congressional Black Caucus, said early reports of the new deal appeared to be “a sugar-coated Satan sandwich.”

The Missouri Democrat said the CBC hadn’t yet made a formal declaration that the group would oppose it, “but this is a shady bill.”

There has been some talk that the President can act unilaterally to raise the nation debt limit based on Section 4 of the 14th Amendment to the Constitution, which provides that “The validity of the public debt of the United States, authorized by law .. . shall not be questioned”.

The argument has been made that since Congress has ALREADY authorized BY LAW each obligation represented in the national debt, by appropriating the funds for various expenditures, any overall “debt limit” is artificially redundant. It would be like writing a bunch of checks and then refusing to deposit the funds in your account to cover them. While a constitutional challenge of the debt limit law may be a defensible argument in the spirit of the 14th Amendment it is not unequivocally compelling, as the 14th Amendment does not expressly authorize what proponents are asking the President to do.

In this context, it is astonishing that apparently nobody has bothered to read the text of Public Debt Law of 1941 itself, embodied in 31 USC 3101, which is what codifies a national debt limit. That law states that:

“The face amount of obligations issued under this chapter and the
face amount of obligations whose principal and interest are
guaranteed by the United States Government (except guaranteed
obligations held by the Secretary of the Treasury) may not be more
than [some arbitrary huge number] . . .except guaranteed obligations
held by the Secretary of The Treasury”.

Continue reading Debt Crisis Sham: 31 USC (United States Code) 3101 & 3102: President Is Authorized to Pay Debt Incurred by Congress →

FOR IMMEDIATE RELEASE

July 31, 2011

Media Contact: Adam Sarvana (202) 225-2435

(202) 573-2562 cell

Washington, D.C. – Rep. Raúl M. Grijalva, co-chair of the Congressional Progressive Caucus, today released the following statement on the emerging debt deal:

“This deal trades peoples’ livelihoods for the votes of a few unappeasable right-wing radicals, and I will not support it. Progressives have been organizing for months to oppose any scheme that cuts Medicare, Medicaid or Social Security, and it now seems clear that even these bedrock pillars of the American success story are on the chopping block. Even if this deal were not as bad as it is, this would be enough for me to fight against its passage.

This deal does not even attempt to strike a balance between more cuts for the working people of America and a fairer contribution from millionaires and corporations. The very wealthy will continue to receive taxpayer handouts, and corporations will keep their expensive federal giveaways. Meanwhile, millions of families unfairly lose more in this deal than they have already lost. I will not be a part of it.

Continue reading Congressional Progressive Caucus: No to cutting working families to pay ransom to millionaires →

photo from http://www.beavercountian.com

Nurses and Union Activists Demonstrate Against Medicare Cuts at Rep. Jason Altmire’s Office

Congressman Jason Altmire is a Blue Dog Democrat who has consistently provided decisive votes for the Republican slash and burn social agenda since the 2010 election. The Republican plan to cut Medicare will devastate healthcare services in Beaver County where many elderly and disabled people rely on it. The plan also includes cuts to Social Security.

Progressive Democrats, labor, and community groups are lobbying Altmire to vote against any cuts that would hurt the people of his district. Will he provide the winning vote for the Republicans as he has done this year over and over? Be sure to call and let him know your position.

In one of the largest Congressional districts in the nation, stretching across the rural heartland of eastern Arizona from the Four Corners region to the Santa Catalina Mountains north of Tucson, the historic candidacy of Wenona Benally Baldenegro for the Democratic nomination for Congress is marking a new era in Western politics.

For Arizonans exhausted by the extremist Tea Party machinations of freshman Rep. Paul Gosar (R-AZ), who many view more dedicated to the Tea Party’s beltway defiance of the Obama administration than the creation of jobs or protecting health care and investments in education, the hands-on rural American experience and Main Street platform ideas of public interest attorney Benally Baldenegro have galvanized a bipartisan campaign across the district’s diverse constituency.

“We’re extremely disappointed in Rep. Gosar,” said Vera Skorupski, a long-time registered Republican from Sedona, Arizona and a campaign supporter of Benally Baldenegro. Citing Gosar’s lack of support for Medicare and health care reform, Skorupski praised Benally Baldenegro for not ignoring the “compassionate conservative” tradition abandoned by “radical” Tea Party activists like Gosar and bringing together Democrats, Republicans and Independents.

Raised in the mining town of Kayenta on the Navajo Nation, the Harvard-educated attorney Benally Baldenegro will also become the first female American Indian member of Congress, if elected.

Continue reading Progressive Democrat Runs for Congress in Arizona →

Friends, family mark 100th birthday of a Florin hero

smagagnini@sacbee.com

Published Monday, Jul. 25, 2011

More than 150 relatives, friends and neighbors filled Florin Community Center on Sunday to celebrate a true American war hero.

Bob Fletcher – who officially turns 100 on Tuesday – didn’t see combat in World War II. But he was shot at for being a Japanese sympathizer when he quit his job to save three local Japanese American farms whose owners were sent to internment camps.

Most of Sacramento’s 3,000 Japanese Americans who were shipped off to barbed-wire camps from 1942 to 1945 lost everything – even though most were U.S. citizens. Their farms and homes were stolen or foreclosed on by the banks.

But Fletcher, a UC Davis-trained agricultural inspector, knew many Japanese farmers throughout Northern California and hated to see their hard work and life savings disappear.

“They were the same as everybody else – it was obvious they had nothing to do with Pearl Harbor,” Fletcher said.

At his neighbors’ request, he agreed to work three farms – 90 acres of flame Tokay grapes on Florin-Perkins Road – while the Tsukamotos, Okamotos and Nittas were locked up.

Continue reading An American Hero Celebrates 100th Birthday →

VIGIL IN SUPPORT OF
SOCIAL SECURITY & MEDICARE

MONDAY
JULY 25TH at 3:30
REP ALTMIRE’S OFFICE
2110 McCLEAN STREET, ALIQUIPPA

Service Employees International Union HAVE RECEIVED WORD THAT
ALTMIRE INTENDS TO VOTE IN FAVOR OF
CUTS TO SOCIAL SECURITY & MEDICARE.

LET’S JOIN THEM TOMORROW AT ALTMIRE’S ALIQUIPPA OFFICE.

FOR IMMEDIATE RELEASE: Friday, July 22, 2011

35 National Disabilities Groups Representing Millions of Americans Urge President Obama & Congress Not to Cut Social Security Benefits

Groups Send Letters Opposing Changes to COLA Formula that Would Result in Significant Benefit Cuts

(Washington, DC) — Two leading disability group coalitions – the Consortium for Citizens with Disabilities and the National Disability Leadership Alliance – sent letters to President Obama and to members of the U.S. House of Representatives and U.S. Senate recently, urging them to oppose any effort to reduce the Social Security and the Supplemental Security Income (SSI) Cost of Living Adjustments (COLAs) by adopting the chained consumer price index (CPI) formula during debt-ceiling negotiations.

The letters, which were signed by a total of 35 organizations, identified specific and significant cuts to benefits that would occur in programs that people with disabilities greatly depend on – Social Security Disability Insurance and Supplemental Security Income – should the chained CPI be used to calculate the annual COLA. Those cuts are detailed in this fact sheet.

The Consortium for Citizens with Disabilities letter said: “Although some might describe use of the “chained” CPI as a mere technical change, it will likely have dramatic impacts on current and future Social Security beneficiaries. For a beneficiary receiving the average Disability Insurance benefit, benefits would be cut by $333 per year (2.6%) after 10 years, $692 (5.4%) after 20 years, and $1,710 per year (13.34%) after 50 years. These cuts could be devastating and force people to make terrible life and death choices between paying for a prescription or buying food.”

The National Disability Leadership Alliance letter said: “For many of these citizens, changing the COLA formula this way will mean taking them one step closer to a life below the poverty level. Rather than finding ways to decrease the COLA, our country should increase it to better reflect such realities as the higher out-of-pocket health care costs experienced by people with disabilities and seniors.”

A list of the organizations that signed one or both of the letters is below.

Continue reading Disabilities Groups to Obama: Do not cut Social Security →

Eighty Members Sign on to Progressive Caucus Letter Demanding No Cuts to Medicare, Medicaid and Social Security

 FOR IMMEDIATE RELEASE:

July 22, 2011

Press Contacts

Adam Sarvana (Rep. Grijalva)

(202) 225-2435

Adam.Sarvana@mail.house.gov

Jennifer Gore (Rep. Ellison)

(202) 225-4755

Jennifer.Gore@mail.house.gov

Washington, D.C. – Eighty Member of Congress have now signed onto a letter spearheaded by Congressional Progressive Caucus (CPC) leaders to Minority Leader Nancy Pelosi insisting that cuts Social Security, Medicare or Medicaid be off the table in any budget deal. Leaders of the Congressional Black Caucus and Congressional Asian Pacific American have also signed the letter and are encouraging their respective Caucus members to join them.

Originally sent by CPC co-chairs Reps. Raúl M. Grijalva and Keith Ellison on July 8, the letter is still open for signatures and has become the primary vehicle for House Democrats to express their support for the programs during budget negotiations. The letter says that middle-class families “have sacrificed enough, and a deal that pushes the American Dream further out of reach, in order to pay for extending tax breaks for the rich and corporations, is simply unacceptable.”

“We are united as Democrats in saying that it’s time to stand up to the Republican hostage-taking. We will not be forced to vote for a ‘final agreement’ that we do not agree to — and that the American people do not agree to. We stand united with you in insisting that benefit cuts for working families, our seniors, children, and people with disabilities must be off the table, and we stand united with you in fighting for millions of Americans who need Democrats to be firmly on their side,” the letter says.

Signatories include CPC Co-Chairs Grijalva and Ellison, along with Reps. Baca, Karen Bass, Bordallo, Brown, Carson, Christiansen, Chu, Yvette Clarke, Hansen Clarke, Clay, Cleaver, Cohen, Conyers, Critz, Cummings, Danny Davis, DeFazio, DeLauro, Deutch, Doggett, Edwards, Farr, Fattah, Filner, Frank, Fudge, Garamendi, Al Green, Gutierrez, Hahn, Hinchey, Hirono, Holmes Norton, Holt, Jesse Jackson Jr., Sheila Jackson Lee, Hank Johnson, Eddie Bernice Johnson, Kaptur, Kildee, Kucinich, Barbara Lee, John Lewis, Lofgren, Lynch, Maloney, Markey, McCollum, McDermott, McGovern, Moore, Nadler, Napolitano, Olver, Pallone, Payne, Pingree, Rangel, Reyes, Richardson, Richmond, Rothman, Roybal-Allard, Tim Ryan, Sablan, Schakowsky, Serrano, Stark, Sutton, Bennie Thompson, Tierney, Tonko, Towns, Waters, Waxman, Frederica Wilson, Woolsey, and Wu.

The full text of the letter is below.

Continue reading Eighty Congress Members Demand No Cuts to Social Security or Healthcare Programs →