Joe Biden

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Fiscal cliff most threatening for Blacks, other communities of color

 
Effects would add more hurt to Great Recession’s impact 
 

By Charles Hallman

Staff Writer

 

Low- and moderate-income people will immediately be adversely affected if the country plunges over “the fiscal cliff” at the beginning of the year, predicts a former Obama administration member. Automatic tax hikes and spending cuts will take place unless Congress and the White House reach an agreement by December 31. Last week, on a New America Media-scheduled teleconference with reporters, including the MSR, Center on Budget and Policy Priorities Senior Fellow Jared Bernstein said that “low-income people will feel [it] right away if we go over the fiscal cliff” on January 1.      

“Current conditions actually are very tough on low-income people,” said Bernstein. “Fifteen percent of the population are in poverty, and if you look at folk who are disproportionately low-income, African American poverty is closer to 28 percent [and] Hispanics at 25 percent. Continue Reading →

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A post-election mobilization agenda

 

 

 

 

 

By Julianne Malveaux

Guest Commentator

 

Before the president takes the oath of office for a second time, African Americans should mobilize around these issues:

 

Sequestration

Unless the Democrats and Republicans can cut a deal during the lame-duck session of Congress, our budget will be cut automatically. While House Speaker John Boehner has softened his tone just a bit and indicated his willingness to compromise, he still has to herd his Tea Party colleagues into also agreeing on ways to avoid sequestration. The notion of cutting expenditures at a time of slow economic growth makes no sense. Neither does sequestration, a desperate move to avoid a compromise. What do we need to address the deficit? Continue Reading →

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Greatest political shows on earth come and go again

 
We’re suckers for the same old promises
 

The Republican and Democratic conventions were little more than a show. And like most shows, when it’s all over you realize it was a lot of “sound and fury” yet “signifying nothing.”

Every four years, this show makes promise after promise. The “Republicrats” promise rain, and when a few raindrops hit a few of our kind (the poor, the colored, the immigrant, wage workers), we run around singing their praises as if our socio-economic drought has ended. Incredibly, the plot is not difficult to figure out; it’s the same one all the time. It goes something like this: Let’s figure out how to keep what we the rich and powerful have, and convince them, the working class, that they have a stake in our success. Continue Reading →

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The rulers’ goal is to put ya’ll back in chains

 

“He’s going to let the big banks write their own rules, unchain Wall Street. They are going to put ya’ll back in chains,” said Joe Biden in remarks that have stirred controversy. The Obama administration has stuck by and backed Biden’s comment because it wants to believe that Black folks are simple enough to believe that the “they” are simply the Republican Party. Obama is hoping that we will not see the inherent “Freudian slip” in Biden’s remarks. It’s important to note, that Biden did not say us, but ya’ll; he was not talking about himself, because he is a lackey for the ruling, the propertied, the monied class. Continue Reading →

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