imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Calendar Publish RSS
Features
latest news
best of news
syndication
commentary


KILLRADIO

VozMob

ABCF LA

A-Infos Radio

Indymedia On Air

Dope-X-Resistance-LA List

LAAMN List




IMC Network:

Original Cities

www.indymedia.org africa: ambazonia canarias estrecho / madiaq kenya nigeria south africa canada: hamilton london, ontario maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg east asia: burma jakarta japan korea manila qc europe: abruzzo alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol brussels bulgaria calabria croatia cyprus emilia-romagna estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege liguria lille linksunten lombardia london madrid malta marseille nantes napoli netherlands nice northern england norway oost-vlaanderen paris/Île-de-france patras piemonte poland portugal roma romania russia saint-petersburg scotland sverige switzerland thessaloniki torun toscana toulouse ukraine united kingdom valencia latin america: argentina bolivia chiapas chile chile sur cmi brasil colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso venezuela venezuela oceania: adelaide aotearoa brisbane burma darwin jakarta manila melbourne perth qc sydney south asia: india mumbai united states: arizona arkansas asheville atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado columbus dc hawaii houston hudson mohawk kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca sarasota seattle tampa bay tennessee urbana-champaign vermont western mass worcester west asia: armenia beirut israel palestine process: fbi/legal updates mailing lists process & imc docs tech volunteer projects: print radio satellite tv video regions: oceania united states topics: biotech

Surviving Cities

www.indymedia.org africa: canada: quebec east asia: japan europe: athens barcelona belgium bristol brussels cyprus germany grenoble ireland istanbul lille linksunten nantes netherlands norway portugal united kingdom latin america: argentina cmi brasil rosario oceania: aotearoa united states: austin big muddy binghamton boston chicago columbus la michigan nyc portland rochester saint louis san diego san francisco bay area santa cruz, ca tennessee urbana-champaign worcester west asia: palestine process: fbi/legal updates process & imc docs projects: radio satellite tv
printable version - js reader version - view hidden posts - tags and related articles

Obama's Phony Middle Class Tax Relief Plan

by Stephen Lendman Sunday, Jan. 18, 2015 at 12:33 PM
lendmanstephen@sbcglobal.net

Obama

Obama's Phony MIddle Class Tax Relief Plan

by Stephen Lendman

Obama is a corporate tool. A war profiteer's dream. Super-rich Americans never had it better during his tenure.

Entirely reflecting anti-populist extremism. Policies hugely benefitting Wall Street. Other corporate favorites. Wealthy investors. America's privileged class.

At the expense of popular needs gone begging. Including so-called financial reform legislation written by Wall Street lawyers. Obamacare drafted by healthcare giants.

So-called "grand bargain" help for struggling middle America reflects total capitulation to America's aristocracy.

The nation's social contract threatened. Targeted for elimination altogether. Forced-fed austerity replacing it. During protracted Main Street Depression conditions.

Unprecedented wealth disparity unfairness. Growing millions impoverished. It doesn't matter.

Throughout his tenure, Obama consistently supported corporate tax cuts. Increased corporate subsidies. Other corporate benefits.

Medicare and Social Security cuts. Fantasy jobs created. Fake ones concealing nearly one-fourth of working-age Americans unemployed.

Most others underemployed. Needing two or more jobs to survive. Most available are part-time or temp low-pay/poor or no benefits rotten ones.

Privatizing public education. Commodifying it. Making it another business profit center at the expense of real learning.

Gutting public and private worker pensions. Other social benefit cuts when most needed.

Including extended unemployment benefits millions of jobless Americans need. Food stamps for low income households.

Home energy assistance. Especially for heat in winter. Pell Grants for college tuitions. Loan shark student loans replacing them.

Head Start for comprehensive education, health, nutrition and parent-involvement services. WIC (women, infants and children) grants.

Community healthcare centers. Numerous other federal programs. Cut on route to eliminating them altogether.

Leaving increasing numbers of Americans on their own sink or swim. "Grand bargain" deception. Social America being systematically destroyed.

Its resources increasingly benefitting privileged elites. Inequality is institutionalized. Hard times keep getting harder.

Poverty is a growth industry. A race to the bottom reflects official bipartisan policy. Human suffering is real.

America's middle class is targeted for elimination. Heading for history's dustbin. The nation increasingly becoming a ruler/serf society.

Obama is a serial liar. Breaking every major promise made. Expect his latest to be no exception.

His annual state of the union addresses reflect beginning-to-end doublespeak duplicity. Empty rhetoric concealing business as usual.

Continuation of ruinous policies. Governing to the right of George Bush. Beholden solely to monied interests.

in previous state of the union addresses, he promised undelivered economic growth. Millions of new living wage/good benefits jobs.

Tax relief for ordinary Americans. Lump of coal harshness followed. Throughout his tenure, he promised one thing. Delivered another.

His latest scheme promises more of the same. Smoke and mirrors deception in lieu of real substantive change.

If none throughout his first six years in office, why expect something different this time.

Especially with Republicans controlling both houses. Many Democrats supporting their policies.

Obama a stealth Republican. Based on his record so far. Earlier as a US senator.

Expect nothing benefitting ordinary Americans from his latest so-called proposal. The New York Times discussed it.

Saying he'll "use his State of the Union address to call on Congress to raise taxes and fees on the wealthiest taxpayers and the largest financial firms to finance an array of tax cuts for the middle class, pressing to reshape the tax code to help working families, administration officials said on Saturday."

It bears repeating. If not earlier throughout his six years in office, why now? As a lame duck. With Republicans largely controlling policy.

On January 17, a so-called White House Fact Sheet headlined "A Simpler, Fairer Tax Code That Responsibly Invests in Middle Class Families."

Rubbish! A litany of Big Lies followed. Reality is polar opposite duplicitous claims listed.

Including saying "(o)n Tuesday, (Obama) will lay out his (new) vision…"

"A key part…include(s) a new strategy to simplify our complex tax code, make it fairer by eliminating some of the biggest loopholes, and use the savings to responsibly pay for the investments we need to help middle class families get ahead and grow the economy."

He'll propose eliminating loopholes he supported maintaining up to now. Raising capital gains and dividends taxes he endorsed cutting earlier.

"Making the biggest financial firms pay their fare share." Up to now, his policies were polar opposite.

"Helping working families" he harmed unfairly. "Tripling the child care tax credit" he's done nothing to increase so far.

"Making college accessible and affordable." Obama supports America's student loan racket. Assuring longterm debt bondage for  millions of graduates.

A conspiratorial alliance of lenders, guarantors, servicers, and collection companies. Ripping off students unfairly.

Principle, accrued interest, late payment and collection agency penalties create enormous burdens to repay.

Private lenders are exempt from federal fair debt collection requirements. Federal loans have minimal safety net protection.

Lenders operate virtually risk-free. The system is rigged against borrowers.

Loans are easy to get. Tough to service. Never forgiven. Burdensome debt escalates higher.

A vicious circle entraps graduates and dropouts. For many it's permanent. Obama's student loan policy made things worse, not better.

"(M)aking it easy and automatic for workers to save for retirement." When up to now he supported gutting public and private pensions.

In 2010, he rhetorically opposed extending Bush era tax cuts for households earning over 0,000.

An earlier promise made. Another broken. Saying one thing. Doing another. Capitulating to Republicans.

A December 6 press release saying while "disagree(ing)" with GOP members he capitulated.

Claiming "without a willingness to give on both sides, there's no reason to believe (the current) stalemate won't continue well into next year…"

"I am not willing to let that happen. (I)t would be the wrong thing to do."

"As a result, we have arrived at a framework for a bipartisan agreement."

Assuring business as usual. Caving to deep-pocketed donors. Benefitting America's privileged class.

Stiff-arming others most in need. Gaining nothing from low capital gains and dividends taxes.

Obama's so-called "tough choices…to secure our future and our children's future and our grandchildren's future" involves assuring they have none at all.

Class warfare is official US policy. Democrats and Republicans support it.

Neoliberal harshness reflects it. So do an array of bipartisan backed policies solely benefitting corporate America and super-rich elites.

The New York Times operates as a megaphone of misinformation. Ludicrously claiming Obama's "initiative signals a turnabout…"

After six years of broken promises. One-sided fealty to monied interests. Letting war profiteers gorge at the public trough.

Cutting social programs when most needed. Popular ones increasingly ignored. Duplicity defines his agenda. Business as usual reflects it.

Expect nothing different this time. Once a monied interests tool. Always one.

Stephen Lendman lives in Chicago. He can be reached at lendmanstephen@sbcglobal.net.

His new book as editor and contributor is titled "Flashpoint in Ukraine: US Drive for Hegemony Risks WW III."

http://www.claritypress.com/LendmanIII.html

Visit his blog site at sjlendman.blogspot.com.

Listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network.

It airs three times weekly: live on Sundays at 1PM Central time plus two prerecorded archived programs.

Report this post as:

Local News

Why Should California Choose De Leon Over Feinstein? O10 9:55PM

Change Links September 2018 posted S02 10:22PM

More Scandals Rock Southern California Nuke Plant San Onofre A30 11:09PM

Site Outage Friday A30 3:49PM

Change Links August 2018 A14 1:56AM

Setback for Developer of SC Farm Land A12 11:09PM

More problems at Shutdown San Onofre Nuke J29 10:40PM

Change Links 2018 July posted J09 8:27PM

More Pix: "Families Belong Together," Pasadena J02 7:16PM

"Families Belong Together" March, Pasadena J02 7:08PM

Short Report on the Families Belong Together Protest in Los Angeles J30 11:26PM

Summer 2018 National Immigrant Solidarity Network News Alert! J11 6:58AM

Watch the Debate: Excluded Candidates for Governor of California M31 5:20AM

Change Links June 2018 posted M28 7:41AM

The Montrose Peace Vigil at 12 Years M22 8:01PM

Unity Archive Project M21 9:42AM

Dianne Feinstein's Promotion of War, Secret Animal Abuse, Military Profiteering, Censorshi M17 10:22PM

CA Senate Bill 1303 would require an independent coroner rather than being part of police M10 9:08PM

Three years after OC snitch scandal, no charges filed against sheriffs deputies M10 8:57PM

California police agencies violate Brown Act (open meetings) M02 8:31PM

Insane Company Wants To Send Nuke Plant Waste To New Mexico A29 11:47PM

Change Links May 2018 A27 8:40AM

Worker-Owned Car Wash on Vermont Closed A27 5:37AM

More Local News...

Other/Breaking News

Apocalypse capitalisme O20 7:45AM

Stress, réaction organique à l'agression O19 6:59AM

Elder Aliyah to Israel, Like Abraham and Sarah O18 6:35PM

Politoscope plurivalent O17 6:59AM

Paraphysique du microcosme macrocosme O15 6:44AM

September 2018 Honduras coup update O15 3:31AM

The Nation Unites Against Brian Kemp, Most Racist Secretary of State in US O14 7:34AM

The Nation Unites Against Brian Kemp, Most Racist Secretary of State in US O14 7:23AM

Paraphysique de l'ubérisation O13 7:56AM

22 Ways Trump Has Increased US Deficit By 4 to 5 Trillion Dollars O12 10:34PM

Debunking Some Anti-Prop 10 Propaganda O12 6:56AM

Plus d'hôpitaux, à bas les aéros O12 6:38AM

When Banana Ruled (documentary) O11 3:00AM

Outstanding Report By RAMOLA D &Dr.Tomo Shibata O10 9:17PM

Dark Clouds Gather on Horizon for Financial System, Warns International Monetary Fund O10 1:51PM

Fbi pure evil & immorality O10 5:39AM

Reality Check: Palestinian-Israeli Coexistence is a Big Lie O09 7:40PM

Voiceless Animals: 2018 Candidates They Oppose O09 7:01PM

IMF Lowers Global Growth Projections and Raises Concerns of Financial Crisis O09 3:27PM

Canitie, l'inhumanité vieillit O09 7:13AM

L'anarchie en quelques exemples O07 6:50AM

100 Ways GOP Have Stolen Elections Since 1876 O06 12:03AM

Proximospective de l'univocité réifiée O05 6:27AM

“Kava-no!!!” O04 6:42PM

Trump & Palestine vs. Genesis, Rashi & The Land of Israel O03 6:29PM

The Criminality of the Elites O03 11:35AM

Business de l'inhumanitaire O03 7:51AM

Marriage Rape/Date Rape Highest Rapes O02 2:59PM

More Breaking News...
© 2000-2018 Los Angeles Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the Los Angeles Independent Media Center. Running sf-active v0.9.4 Disclaimer | Privacy