Archive for March, 2009

Mar 31 2009

Rally To Pass the Obama Budget

Published by Ryan Post under Uncategorized

As Congress readies to vote on Obama’s budget, people from all over the country are gathering to express support for his plan. Please join us as we make our voices heard in the nation’s capital.

What: Rally to show the groundswell of support for the budget resolution

When: Wednesday, April 1, 2:30pm

Where: Senate Swamp, next to the Russell Senate office building, near Constitution and Delaware, NE

Who: EVERYONE and ANYONE should come to show your support for this transformative budget!

For more information on this event and the larger budget fight, please visit www.rebuildandrenew.org

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Mar 26 2009

Ally of the Year

Earlier this week, USAction Executive Director Jeff Blum addressed the United States Student Association, which was hosting its national legislative conference in Washington, D.C. Jeff was honored with USSA’s “Ally of the Year” award. USSA is part of the Rebuild and Renew America Now campaign, which USAction has helped organize.

Jeff spoke at a rally the following morning on Capitol Hill in Washington DC.

Here is a video of Jeff’s speech.

And here’s the text:

Jeff Blum Remarks to USSA Legislative Conference Rally
March 24, 2009

Greetings, thank you all of you for being here!  And you’ve got a bunch of fabulous people coming.  You’ve got some Members of Congress, Senator Durbin!  My old friend Congressman Chakah Fattah!  And your Member from Colorado, Congressman Polis!

Welcome to Washington, DC!  When was the last time that students felt so welcome to be here?  You helped elect this great President and make possible the profound opportunity we have today, and you ought to feel welcome and proud to be here.

It’s a great honor for me, a former student body president—in 1967-68—to stand before you today.  My life has been shaped by what I learned about politics in college.  I saw that, as Frederick Douglass famously said, “Power concedes nothing without demand.  It never has, and it never will.”

Can we stick with history for a minute here?  In the 19th Century, the United States moved toward free grade school education for at least some of its citizens—a big advance, which put this country ahead of others in quality of life and economic progress for some time.

In the 20th Century, activists and reformers won free high school education for virtually all of our citizens.

In the 21st Century, our challenge is to win universal, high quality, public education from pre-school through four years of college for every young person living in this country, whether they are citizens or not.

Anything less means that we will lose our ability to be leaders in the economy of the 21st Century.

Now, there is much work that needs to be done. And we need your help – your talent. Your enthusiasm. Your creativity. But maybe most of all, we need your sense of hope.

I don’t need to tell you that your classmates are worried about finding employment after graduation. That some of your former classmates are fighting wars far away. That this year alone, more than 400,000 young people will defer going to college because they can’t afford it.

And yet, despite all the bad news you read online in the morning, I believe you have hope.

Last November you helped elect a president. Today you and I together have an unbelievable burden of obligation—and an unbelievable possibility of opportunity.

We begin to address this burden—and this opportunity—this week. Important committees in Congress will begin the process of marking up the budget for fiscal year 2010.

I needn’t remind you of USSA’s priorities in this budget – priorities that will make college more affordable and thus more accessible:

  • Pell Grants should become a guarantee, not a vulnerable discretionary program subject to the annual whims of short-sighted Congressmen, and they should be indexed for inflation;
  • The government should mandate direct loans for students at affordable rates.  We don’t need inefficient and wasteful subsidies to big lenders; and
  • We need more programs that increase access and outreach to help under-represented kids on the path to college, programs like Gear-Up, which my daughter worked for in Walla Walla—anyone here from Washington State?

But I want to challenge you today to think even more broadly about what it would take to build the America we dream of—the America we want to be.

The budget is a moral document. It’s complex, yes. But it expresses the values of our nation—values that for the past eight years have been not so much values but question marks.

Will we make sure millionaires pay their fair share of taxes so that families can send their young adults to college?

Will we have quality, affordable health care for all?

Will we reduce taxes for 95 percent of working people and close the multi-billion loopholes for oil companies?

Will we chart a path of smart, renewable energy that makes our world greener and reduces dependence on foreign oil?

Here’s what my organization, USAction, is doing to make sure the answers to these questions are yes, yes, yes and yes.

We build coalitions.  We helped organize Rebuild and Renew America Now. Its sole purpose is to pass President Obama’s proposed budget—a budget that would transform our nation. Today our coalition includes 105 national members—and thank you, USSA for joining us—and more than 700 local and state organizations.

To my friends, the hundreds of USSA activists here today and their allies, I want to leave you with a final thought.

Last November, with energy, enthusiasm and a sense of hope that will not die, you said, “Yes We Can.”

I challenge you: Let “Yes We Can” not be merely a slogan.

Let it be a movement.

Thank you.

2 responses so far

Mar 25 2009

Tell Congress to Pass Obama’s Budget

Published by Ryan Post under Economy

Did you see the President’s second prime time press conference last night? Obama made some really great points through out the evening, including his thoughts on his FY10 budget:

“…this budget is inseparable from this recovery: because it is what lays the foundation for a secure and lasting prosperity.”

He’s absolutely right. Not only does the budget take the short term actions necessary to get us out of this crisis, it also makes long term investments in things like health care, clean energy, and education which ensure long term economic growth.

We might realize the necessity to pass Obama’s budget, but Congress still needs persuasion.

The budget fight is going to be centered around a couple key Congressmen. Now while these Congressmen might not represent you directly, there’s still a way to get involved. We here at USAction/True Majority have developed a tool that allows you to get in touch with constituents of these important players and ask them to call their representatives and encourage them to vote for Obama’s budget.

To sign up please visit: http://www.rebuildandrenew.org/calls/

Your help is vital in getting this budget passed and putting our economy back on the road to prosperity.

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Mar 19 2009

Dear United States Government: Help!

Published by Ryan Post under Economy

Anybody who’s taken a basic macroeconomic class has had the following equation drilled into their head time and time again:

Y=C+I+G+NX

When broken down into laymen’s terms, the basic law of economics is quite simple; GDP(Y) is the sum of consumer spending(C), investment(I), government spending(G), and net exports(NX). Even with the financial crisis, bursting of the housing bubble, and crashing of the stock market such an uncomplicated equation holds true.

The calamities of the past 18 months have had drastic effects. The loss of housing wealth has made consumers feel quite poor, thus halting their spending habits. As a result, we have seen a decline in C. The banking crisis has made it nearly impossible for businesses, big and small, to secure loans. Consequently, they are unable to expand and open up new shops and plants, causing a decrease in I. In regards to our net exports, our country has imported more than we have exported for a long time now. This doesn’t appear to change unless we begin manufacturing more products here at home, something I don’t foresee happening anytime soon. It’s safe to assume, then, that our NX will be negative for the foreseeable future.

That leaves us with only one way to raise our GDP back to a respectable level, a large increase in government spending aimed at creating jobs and stabilizing volatile markets. While the government has already taken extraordinary measures to stave off a complete meltdown, the fact remains more needs to be done.

Critics will say that Obama’s plan reeks of socialism and that we are simply piling up the deficit and burdening future generations. These claims are sincere, yet factually inaccurate. Let’s take a look at America’s greatest economic catastrophe, the Great Depression. Any credible economist will tell you that while the New Deal was a decisive and effective way to respond to the crash of 1929, it was in fact the unprecedented amount of government spending implemented during WWII that brought our country back to prosperity. At the end of this year, the deficit is predicted to be 11% of our overall GDP, a staggering number to be sure. However, at the height of WWII the deficit was nearly 30% of GDP!

1980-2007

Again, I don’t doubt the sincerity of those who are truly worried about the deficit causing real harm to future generations. However this is a time of crisis and the only real way out of it is to dramatically increase government spending. The deficit, as it was following WWII, can be dealt with later. Right now it’s up to the government to get us back to work and to stabilize the crumbling financial and housing markets.

3 responses so far

Mar 17 2009

Rage at AIG for Our $165M “Gift”

Published by Neil Payne under Economy

Have you heard about AIG, the Wall Street losers* who are using $165,000,000 of our bail-out money for bonuses?!

*Normally, I like to be a nice guy and avoid calling people losers.  But AIG is one of the companies that got us into this financial nightmare.  They play the stock market and they have recently played it wrong.


(direct link to video)

My anger is shared by numerous members of Congress along with President Obama himself. A recent Washington Post article quoted Obama as declaring the issuance of these bonuses an “outrage” and saying that such actions go against America’s “fundamental values.”

So the next logical question to ask is what can we do to stop this madness from continuing to happen? First and foremost, we must pass President Obama’s proposed budget. As a point of comparison, let’s take a look at how former President Bush’s tax policy has affected these very men who today are using our tax dollars to pay their executives indefensible bonuses:

Under President Clinton, bonuses like these were taxed at 39.6%. Now, under the current tax system, they are only taxed at 35% which saves these greedy Wall Street billionaires an extra $7.5 million that could go towards our children’s health care; education; or to ensure they grow up in a society based on sustainable, clean energy.

President Obama wants to return to Clinton’s tax levels, ensuring that if a firm continues to pay outrageous bonuses to their executives they will be forced to fund some of Main Street’s recovery. Thank goodness we have a President who values the larger middle class over the richest few.

To find out more on President Obama’s budget and what it means for you, please visit REBUILDandRENEW.org.

6 responses so far

Mar 16 2009

Brawl Street

Published by Neil Payne under Comic Relief, Economy

Over the past 8 years, it became increasingly difficult for me to watch the news.  After a while, I started watching the Daily Show online (I didn’t have cable).

Jon Stewart provides a daily recap of national politics with a funny delivery.

However, there are times when Stewart does (and did) reporting the MSM (main stream media) wouldn’t.  In case you didn’t already see it, here’s recent footage of Stewart taking CNBC to task for their poor financial advice during the most recent stock market bubble burst.

One response so far

Mar 12 2009

‘Bush’ Interviews “Bush” - Comic Relief

Published by Neil Payne under Comic Relief

HBO show bids Will Ferrell’s Bush farewell
By Neal Justin
MINNEAPOLIS Star Tribune

Will Ferrell, best known for playing overgrown frat boys, bubbleheaded anchormen and spoiled athletes, seems an unlikely Broadway angel. But the comedian has performed a minor miracle with “You’re Welcome, America. A Final Night With George W. Bush,” a sold-out hit on the Manhattan theater scene based almost entirely on a decade-old impersonation that should be about as relevant now as an Abbott and Costello routine.

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Mar 10 2009

Education 101

Published by Jeff Blum under Economy, Education, Jobs

President Obama used his speech to the Hispanic Chamber of Commerce this morning to tout his administration’s plans for upgrading education and then delivered a history lesson to rebut critics who say he is trying to do too much too quickly.

“I know there are some who believe we can only handle one challenge at a time,” President Obama said. “They forget that Lincoln helped lay down the transcontinental railroad, passed the Homestead Act, and created the National Academy of Sciences in the midst of Civil War. Likewise, President Roosevelt didn’t have the luxury of choosing between ending a depression and fighting a war. President Kennedy didn’t have the luxury of choosing between civil rights and sending us to the moon.”

Part of helping the economy recover and build for the future is to attract better — and better-compensated — teachers, he said.

“America needs you. We need you in our small towns. We need you in our inner cities. We need you in classrooms all across our country,” he said in issuing a call for teachers.

2 responses so far

Mar 04 2009

Why We Need the Employee Free Choice Act

Published by Neil Payne under Jobs

William McNary, USAction President, tells a story to explain why we need the Employee Free Choice Act.

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