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A former homeless man in Cedar Rapids, Iowa, I am now back to my first love since being homeless no more, politics & racial oppression. Come join me on this adventure.

Monday, August 22, 2011

Eric Cantor

By Jueseppi B.



House Majority Leader Eric Cantor (R-Va.) will play a leading role in blocking all job-creation measures in Congress. The dimwitted Majority Leader is deliberately against lowering unemployment. President Obama, much to the dismay of his own party, was willing to make sweeping entitlement changes as part of a package of $4 trillion in debt reduction. And it was Cantor and his GOP allies who refused to even consider the offer. 


As for Standard & Poor’s, Cantor said our “nation’s credit downgrade” came as a result of a large debt. Maybe Cantor hasn’t read the S&P analyses yet — he’s not much of a reader — but he should probably take the time to learn what he’s talking about before writing an op-ed for a major newspaper.
The ratings agency hasn’t exactly kept the reasoning secret: congressional Republican expressed skepticism about the serious consequences of a credit default; they undermined confidence in the American political system; refused to compromise; they ruled out additional revenue; and they deliberately played a radical game with the full faith and credit of the United States. S&P didn’t leave much doubt about which side of the aisle the agency considers responsible 


This isn’t ancient history. This just happened and should still be fresh in everyone’s memory. For Cantor to blame Obama for Republicans’ borderline-criminal misconduct, hoping that we won’t remember the events of July and August, is pathetic.
I’d also note that Cantor’s piece repeatedly referenced tax increases as part of that rascally president’s agenda. It’s worth realizing that (a) Obama has cut taxes repeatedly; (b) Obama even agreed to keep Bush’s failed tax policies in place beyond their expiration date; and (c) the only folks who actively want to raise taxes immediately are congressional Republicans.


Cantor may find reality inconvenient, but that’s no excuse for pretending it doesn’t exist


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