Kucinich: Obama Admin Transferring Wealth to the Few
by TRNN
President Obama will be speaking soon about his deficit plan. Some
people are saying the White House is more allied with the Republican
Party than sections of the Democratic Party when it comes to the deficit
discourse. What's your take on this?
Dennis Kucinich: Obama administration presiding over transfer of wealth from the mass to the upper few
Dennis Kucinich,
elected mayor of Cleveland at the age of 31 in 1977, is the youngest
person ever elected to head a major US city. Previously, Kucinich served
on the Cleveland City Council. He won his Congress seat in 1996 and
while there has authored or co-sponsored bills related to the health
care system, Social Security, education and calling for the abolition of
the death penalty. Kucinich has also called for the repeal of the USA
PATRIOT Act and for the impeachment of Vice President Dick Cheney. He
is a former presidential candidate, and was reelected into a seventh
term in Congress, representing the 10th District of Ohio.
PAUL JAY: Welcome to
The Real News Network. I'm Paul Jay. We're in Washington, in the Capitol
building with Congressman Dennis Kucinich. Thanks for joining us again. DENNIS KUCINICH: Thank you.
JAY:
President Obama will be speaking soon about his deficit plan. Some
people are saying the White House is more allied with the Republican
Party than sections of the Democratic Party when it comes to the deficit
discourse. What's your take on this?
KUCINICH: I think
those people are probably right. I mean, how can you have a discussion
about the deficit without looking at the fact that our defense budget
has grown over $700 billion a year, that we will spend trillions of
dollars in Iraq, Afghanistan, Pakistan? Now we have a new war in Libya.
No one's talking about reduction in those areas. Where the discussion
is, we're going to reduce the basic benefits that people have to take
care of their health. I don't buy it.
JAY: The whole kind of taking on of the deficit as the issue
argument has been embraced by the White House. They kind of gave up on
the debate, whether the issue was deficit fighting or the issue was
moving the economy.
KUCINICH: Well, how did we get a
deficit? I mean, the Bush tax cuts added a trillion dollars. His wars
have added several trillion dollars. The Fed, through their program of
quantitative easing, has pumped trillions of dollars into their own
bailout program for banks. The deficit and the reason why we have it
underscores the transfer of wealth that's occurring in this country from
the great mass of people into the hands of a few. And the Obama
administration's actually presiding over that. That's, like, their job,
to continue to accelerate the wealth upwards. That's why Wall Street has
such extraordinary influence on the economic policy of this
administration. That's why we have such a high level of unemployment.
That's why the Dodd-Frank bill doesn't reach to stop the kind of black
box derivatives that are going to drive another cycle of boom-bust.
That's why the oil companies have so much influence in our energy
policies. That's why privatization is in the background of the attack on
the post office. That's why we're still at war. That's why we're being
dragged around the world on imperialist policies that have nothing to do
with America's mission to its people. So yeah. I mean, so we end up
with a deficit. Yeah, we have a financial deficit. But we also have a
moral deficit.JAY: The president apparently is going to
say on Wednesday night that he's going to follow the lead of this
presidential deficit commission, this bipartisan commission, which
apparently takes as its underling assumption that the fundamental issue
facing America is to reduce the debt. And there's going to be--and
apparently he's already putting into play debt reduction [inaudible]
somewhere near, not at the rate of, but near what the Republicans are
calling for. What do you make of this kind of internalization and lack
of combat on the argument itself?
KUCINICH: Well, let's
think about this. The president is going to accept the lead of his
deficit reduction commission. I have an idea. Why doesn't the president
lead? Why doesn't the president challenge these corporations who have
basically single-handedly driven the United States economy over a cliff?
Why doesn't the president challenge the military-industrial complex,
which is now putting us into a fourth war? Why doesn't the president
challenge not just the tax cuts to the wealthy, but conditions where
corporations are getting away without paying any taxes at all, including
one corporation that is tied quite directly to one of the president's
top economic advisors? I mean, you can't pawn this off on some
commission. I mean, presidents have always done that. Like, oh, I'll
appoint a commission, let them make the decision, and I'll implement it.
No, that's not the way it works. We elected Barack Obama president of
the United States, and we have a right to expect him to lead on these
economic matters. And there is no discussion about creating more jobs.
There is no discussion about getting America back to work. And, frankly,
you know what? If you've got people working, that starts to lower your
debt, because people are paying money in. But the geniuses on Wall
Street decided that a certain amount of unemployment is necessary for
the proper functioning of the economy.
JAY: Certainly [inaudible] high amount of unemployment.
KUCINICH: Right.
JAY:
So what do you say to ordinary people who voted for President Obama and
seem to be getting--they voted for one thing, and they seem to be
getting another thing, and they say to you, well, what should we do?
KUCINICH:
I think it's important to explore these inconsistencies, and to ask
questions, and to demand that we move forward as a nation, where
everyone achieves economic progress. We're seeing a jobless recovery.
We're seeing an intensification of the differences between rich and
poor. That's happening on the watch of a Democrat. I mean, frankly, we
need to challenge the president not to simply live up to his promises,
but to live up to the promise of his administration that the American
people bought into when they rallied to his candidacy in November 2008. I
was president during that inaugural. I saw two million people gather on
the Mall in a ceremony of extraordinary hope. You could feel the energy
on the Mall that day. You could summon it if the president wanted to
and put it as lightening in a bottle. And yet we've not only seen this
energy dissipate, but we've seen put in its place an agenda that is so
corporatist, so inflexibly dedicated to Wall Street's description of
where the economy has to go, that it's demolishing the hopes of millions
to save their homes, demolishing the hopes of millions to be able to
have jobs, demolishing the hopes of millions to be able to have a level
of health care which they have a right to expect.
JAY: Thanks for joining us, Congressman.KUCINICH: Thank you.JAY: And thank you for joining us on The Real News Network.
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