Biden is President
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Bernie Sanders blasted Democrats’ watered-down drug pricing plan.
“The American people want Medicare to negotiate prescription drug prices like the Veteran Affairs does. The VA has been doing that for decades. The prices they pay are about half as much as Medicare. This thing will only apply to a certain number of drugs,” Sanders continued, noting that parts of the proposal would not take effect until 2026.
“So it’s a weak proposal. Is it better than nothing? I suppose,” he added of Democrats’ plan. “Pharma is spending millions to defeat a very modest drug pricing bill,”
Another victory for the rich peoples supported by Democrats leaders
The Democrats leaders pulling benefits from the workers to benefit the rich. It looks that Donald Trump was not the only problem
https://mail.google.com/mail/u/1/?ogbl#inbox/FMfcgzGqPpbfCtNrZWPNCLTKdtGBtCpg
Democrats failed promises. We are going to see them seating on the other side of the fence
https://www.yahoo.com/news/bernie-sanders-knocks-schumer-manchins-004347908.html
Bernie Sanders said: A so called inflation reduction act. It is just another bill to benefits the rich, the clauses that in some way benefited the workers were removed to please the Sinema, Manchin and the investor behind them. Those are the president and the Vice President
The Inflation Reduction Act (IRA) is being hailed as a life-saver for the planet and Biden’s presidency.
All smoke and mirrors.
Jean Su of the Center for Biological Diversity explains.
“This was a backdoor take-it-or-leave-it deal between a coal baron and Democratic leaders in which any opposition from lawmakers or frontline communities was quashed,” Su said. “It was an inherently unjust process, a deal which sacrifices so many communities and doesn’t get us anywhere near where we need to go, yet is being presented as a savior legislation.”
The best clauses from that bill were removed to please sinema and manchin to motivate them to approve it and it will not affect their financiers They can fool the fools
Biden backed down to Sinema
Sinema single-handedly thwarted her party’s longtime goal of raising taxes on wealthy investors.
She received nearly $1 million over the past year from private equity professionals, hedge fund managers and venture capitalists whose taxes would have increased under the plan.
For years, Democrats have promised to raise taxes on such investors, who pay a significantly lower rate on their earnings than ordinary workers. But just as they closed in on that goal last week, Sinema forced a series of changes to her party’s $740 billion election-year spending package, eliminating a proposed “carried interest” tax increase on private equity earnings while securing a $35 billion exemption that will spare much of the industry from a separate tax increase other huge corporations now have to pay.
The capitalists cheating others. The US Congress is a social club of rich peoples
It is called the Inflation Reduction Act.
The nonpartisan Congressional Budget Office concluded this month that the changes would have a “negligible” impact on inflation this year and next. And the University of Pennsylvania’s Penn Wharton Budget Model concluded that, over the next decade, “the impact on inflation is statistically indistinguishable from zero.”
The climate measure Biden signed Tuesday bypasses the administration’s concerns about emissions and guarantees new drilling opportunities in the Gulf of Mexico and Alaska.
it boosts oil and gas interests by mandating leasing of vast areas of public lands and off the nation’s coasts. The law reinstates within 30 days the 2,700-square miles (6,950-square kilometers) of Gulf leases that had been withheld. It ensures companies like Chevron will have the chance to expand And it locks renewables and fossil fuels together: If the Biden administration wants solar and wind on public lands, it must offer new oil and gas leases first. As a result, U.S. oil and gas production and emissions from burning fuels could keep growing.
Explained Andrew Gillick with Enverus, an energy analytics company whose data is used by industry and government agencies, “The folks that think oil and gas will be gone in 10 years may not be thinking through what this means.” The result would be more planet-warming carbon dioxide — up to 110 million tons (100 million metric tons) annually
It is just another bill to provide more benefits and profits to the petroleum industry and to produce more climate disaster. Workers have been cheated again by the capitalist politicians
https://www.spokesman.com/stories/2022/aug/19/its-a-rip-off-gop-spending-under-fire-as-senate-ho/
US Republicans leaders running low in cash, they do not know how all the money was spent. Probably, they have spent a lot money paying for Donald Trump legal fees and campaign expenses. Chicken has come home to roost
When the Republicans move right, the Democratic Party also shifts right too.
Democrats have picked Charlie Crist to challenge Florida’s Republican Governor Ron DeSantis
A bunch of ignorances who are just reading comics books and playing video games are saying that student loan cancellation in the USA, is socialism and the Democrats leaders are Marxists, and many of them have universities degrees.
My grandfather never had any formal education and he knew that China, the Soviet Union and Cuba were not socialists, and he knew that WW2 was a criminal war among thieves, and his only source of information and personal education was a shortwave radio
I knew several shoemakers, tailors, and bricklayers who knew that the Soviet Union had a capitalist economy and they had read Marx and Engels.
Lyndon B Johnson who was a right winger approved much better students reforms and he approved some progressive medical reforms, and Ronald Reagan who was a Republican approved an amnesty for millions of emigrants workers
Instead of John F Kennedy, LBJ team was the one who approved a lot of progressive reforms and college tuition was almost free, and students were getting money award instead of getting loans.
The loan cancellation is not financed by the working class, the state is an institution financed with surplus value and fictious capital.
Barrack Obama student loan cancellation was $50,000 dollars instead of $10,000 or $20,000 dollars and provide cancellation for disable peoples
No wonder libraries and bookstores are being closed and going into bankruptcy. The blind guiding the blinds.
Capitalists obtained billions of dollars in tax reductions approved by the state and the congress
The can not cancel all the students debts completely but they are willing to cácelo the debts to the Ukrainian capitalists as they did in Iraq
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