MainLine Peace Action/DelMont PDA

December 10, 2010

An Attack On Social Security

Filed under: Social Security — Tags: , , , , — Walter Ebmeyer @ 11:11 am

The scheme concocted by President Obama and the Republicans to cut payments to Social Security is a trap.  As this article makes clear, Republicans are well aware that once Social Security taxes are cut, it will be extremely difficult to restore them to where they belong – especially in an election year!  If the point of this exercise is to stimulate the economy, that can be done much more easily by increasing the Make Work Pay program that is already in place.  But this move ends Social Security’s spendid isolation and mixes it into the regular budget where it can compete with education, health, defense, and so forth.  This is a terrible idea.

November 5, 2010

Obama: Get Tough!

Filed under: economics, elections — Tags: , , , , , , , , — Walter Ebmeyer @ 6:22 am

There are plenty of things Obama can do in the next two years to advance the progressive agenda and get this country going again, and they don’t need congressional help or votes or blessings.  The first thing to do is clean house.  Get rid of people like Tim Geithner who are more concerned with Wall Street than Main Street.  Then use the regulatory powers you already have.  Enforce the new rules for banks.  Make sure the new health law gets going to help sick people. Crack down on oil and coal companies that are wrecking our environment.  Get all the old government agencies ticking again – FEC, FTC, FCC, ICC, EPA .  Be the Commander-in-chief who gets our troops and our treasure out of Iraq and Afghanistan and a thousand bases around the world.  In other words, act more  like the head of the executive branch and less like a prime minister.  Yes you can.

October 21, 2010

Let’s Talk About Jobs

Filed under: economics — Tags: , , — Walter Ebmeyer @ 7:53 am

What the White House would like us to know about jobs and the economy.

October 20, 2010

Robert Reich And The Perfect Storm

Filed under: Uncategorized — Tags: , — Walter Ebmeyer @ 6:13 am

Batten down the hatches!  Our former Labor Secretary sees real danger ahead.

August 1, 2010

“Prosperity Is Right Around The Corner”

Filed under: Uncategorized — Tags: , , , , — Walter Ebmeyer @ 10:20 am

That’s what Herbert Hoover told the nation eighty years ago, and the Depression got deeper and deeper.  The government worried about deficits and cut spending until deflation set in and the rest, as they say is history.  Now Obama tells us that things are looking up and we should start trimming spending and worrying about deficits.  But several Federal Reserve worthies are talking deflation.  Now that would be a disaster.