TURNS OUT the president many expected to revive the New Deal is out to bury it instead.
That's the inescapable conclusion following President Barack Obama's offer to trade cuts in the Social Security and Medicare programs--part of a projected $4 trillion in reductions over 10 years--in exchange for Republican votes to raise the U.S. debt ceiling by August 2.
My only problem with this is that the author seems to believe that this represents a real "deal." Obummer knows the Repubs are not going to blamed for bankrupting the government, and will agree to just about anything in order not to alienate voters. The "deal" here is Wall Street's parasitic plan, which is being implemented jointly by both its parties, with each looking to blame the other for the inevitable blowback that's going to result from this unprecedented state theft of our money. There are no real differences of opinion between the ruling party duopoly, only different roles in the subjugation of working class people.