Sunday, July 17, 2011
Debt-Ceiling Shell Game
I only hope Joe and Jane Public see through this obvious sham to the truth--they are being asked to sacrifise their affordable co-payments and milk money so fat cats can continue to fly to Bermuda for sales conferences without paying for it. Their whole agenda is to strip away all the progress America has made in the last century to return to Gilded Age of the 1890s when Vanderbilts, Rockefellers, etc. could eat oysters and take grand tours without worrying about pesky things like labor unions or minimum wages.
Michele Bachmann and the crazy House Repubs are actually willing to let the debt ceiling deadline pass without extending it and risking a financial meltdown that will make 2008 look like a day at the beach.
I'm glad Obama is standing up to these nutbags--FINALLY!--and telling Cantor to start acting like a grownup. Obama has been willing to compromise--too much I think--but Cantor and his minion whill not give a freaking inch on revenues--the new buzz word for taxes. Isn't it clear they are only doing to to suck up to their corporate overlords. They say it's to allow big business the opportunity to create new jobs, but even though many corporations are reporting record profits, they aren't hiring new people. The reason is the big execs discovered once they laid off everyone off in 2008, they could get one person to do the work of three and be great they had a job at all. So why should the bosses hire anyone when they can save on benefits and wages and get a smaller staff to work like dogs for less money?
Some are saying McConnell's sneaky plan to have Obama be responsible for raising the debt ceiling is giving in, but it's actually a cynical move to allow the Repubs to say to their base "See, we never voted to raise the debt ceiling and we never voted to raise taxes--on ANYBODY--it's all Obama's fault your kids can't go to college. Now hand us the keys to the kingdom in 2012 so we can gut the government, get rid of all those programs that don't benefit anyone but a bunch of lazy loafers who aren't white, and we can start living life the right way--like at the end of Atlas Shrugged." I only pray they won't fall for it at the Price Chopper.