
Okay…
So you guys start two wars, deregulate the banking industry and the markets…
The wars don’t end, the investment banks start manipulating markets with the complicity of the Federal Reserve…
Thus, leading to a bunch of bad loans sold as good loans leading to the collapse of the housing market and the near collapse of the banks…
The government continues giving tax breaks to the wealthy so the wealthy will create more jobs.
The government then gives bailouts to the banks so the banks will lend money, extend credit…etc…
But, the wealthy don’t create jobs, they hoard their money and then the banks do the same by not lending, or freeing up credit…
Meanwhile large businesses have found ways via tax loopholes to pay little to no taxes, and due to so many lost jobs caused by the recession, caused by the banks, the tax revenue dries up state and nationwide…
In response to this, the cash strapped government extends the tax breaks to wealthy individuals who continue to not create real jobs…
And all of these actions (or inactions) create a crisis.
But you have a new solution, and your solution is to defund planned parenthood so poorer women can’t receive healthcare, fire teachers so our kids can’t gain a competitive edge, end medicare so grandma can’t see a doctor and attack state employees, raiding their pensions so when they retire they’ll have less money to pay for the health care you’re cutting…while the wealthy and the corporations keep their tax cuts, the banks keep their money and for all the fraud conducted by all of these investment banks that led to the recession, nobody is prosecuted and nobody goes to jail so nobody learns nothing…and essentially are free to start it all over again.
And you call your new plans fiscally responsible, “tightening the belts,” and “not kicking the can down the road.”
In a nutshell, one more time…
The wealthy hoard while pissing away real jobs, the banks keep their profits and consolidate further while the investment banks keep what they made from market and real estate fraud…and you continue to give subsidies to oil companies who also are making record profits while the rest of us pay record prices for gas, food and utility bills.
And for paying attention to this, I’m an asshole?
For noticing that although you may not have kicked the can down the road, you still kicked it hard and it hit the middle and lower class in the balls…oh, and then you helped them to their feet with the belt you tightened around their neck before shoving their livelihood and savings over the cliff you created with your fiscal responsibility.
And if I say the words “class war,” I’m being unreasonable?
Well…what would you call the ongoing plan of the corporations, banks, the state and federal government?
Democracy?
For who, 1% of the country?
I tell you, if I didn’t know better…I might think the GCCF’s Ken Feinberg is running this sham too…
Have a nice day.
Tax Cuts are a great idea when the deficit is low and the economy on the whole is in solid shape
Pure trickle down economics is a joke for re-starting a sluggish economy. It just doesn’t happen or ever work anywhere NEAR like Republicans want
Great Piece.