Post something when he actually takes action.

Projected Government Health Spending Down Almost a Trillion Since Deficit Hysteria Began

That’s just a projection. Does not count as an actual reduction.

Must cut Social Security now (we might have to pay it back…)

Hard to believe that Obama would be that petty but the IRS certainly needs to fully explain itself.

Whistle-blower prosecution.

Why should the IRS have to explain examining political groups which are registering as non-profits to hide the identities of their contributors?

If you are doing nothing wrong, then you have nothing to hide — correct?

Thank you. My sentiments exactly.

He’s leader of the Pack…

Except those artists were more beautiful than Obama. Probably had better singing voices too.

The TPP drafts are classified. That’s a National Security document? Why? (It’s a trade treaty).

It seems to me classification is over used to protect the Government for informed criticism.

Transparency and Open Government

My Administration is committed to creating an unprecedented level of openness in Government. We will work together to ensure the public trust and establish a system of transparency, public participation, and collaboration. Openness will strengthen our democracy and promote efficiency and effectiveness in Government.

Government should be transparent. Transparency promotes accountability and provides information for citizens about what their Government is doing. Information maintained by the Federal Government is a national asset.

That is what happens when on refuses to address root cause.

No. Craven and greedy are competently different, non exclusive, character flaws.

The Republicans aren’t interested in running the country, they’re interested in bringing government to a total halt.

Not at all. It is a combination of racism and class warfare. First the Republican have a belief in their entitlement to the White House, and second there is a black in the white house.

They are determined Obama will achieve little. Hence their hatred of ACA — I do notice that in their efforts they are not suggesting any replacement nor any fix for the US Medical system.

Let’s be blunt. O fucked up so badly with ACA that it caused to the loss of the House, and various state Governments in 2010, and has not addressed the real problems of the US Heath system, too much overhead, and no cost control on care.

That’s O’s legacy. That, the lack of rule of law, and military adventurism for a never ending war on a set of shadows, caused by the unwavering support of our leaders of the putrescent abscess in the middle east.

That would be sensible.

If it is two wheeled there has to be something to stop it falling over.

Magic is in short supply, just as miracles are.

aka: Motor cycle with faring (cover). No big deal.

From Naked Capitalism:

Government debt is absolutely necessary if you are in the situation where you are in the United States and elsewhere where the private households are, per balance, still savers, net savers, where the government should not go into debt anymore, but where the company sector is a big saver, a net saver. So how can you have all the sectors saving? It’s impossible. It’s absolutely impossible. But it’s not allowed to talk about it. Nobody wants to talk about it, that not all sectors can be net savers. Somewhere someone has to be a debtor, because savings and debt always nets to zero.

This is another version of the sectoral balances described by MMT.

A consequence of this is if trade and government sectors are in balance (neither deficit or surplus), then the private sector is also balanced (neither defect of surplus).

Withing the private sector the 1% can be in surplus if the 99% are going deeper into debt, or being asset stripped (aka: Housing Bubble with equity extraction).

In the US there are two pressures on the Private sector:

First, when the Government Deficit is not large enough to fund the trade deficit (Trade Capital Account), consequently the Government forces the private sector to run a deficit, a it did under Clinton & Bush.

Second, the Wealth in the private sector demands a return on assets. This can come from trade surplus (LMAO), Government Deficit, and the 1% can asset strip the 99%.

Either way a the combination of Government Extraction (Taxes and low deficits), Trade Deficit (Trade Capital Balance) forces a reduction of surplus or an outright deficit on the private sector.

In almost every scenario, unless the Government strongly taxes in a progressive manner and directly injects money into the lower income levels of society (for example, building infrastructure), the 99% are targets of extraction, both by bubbles and from rents.