Maybe we could predict a better outcome for our economy, if we had transparency in government. They want to raise another 2.8 trillion. They want an unlimited debt ceiling for the next year, and lower the debt ceiling by about twenty percent, in another ten years. Think about that. We can owe trillions of dollars in ten years, and with no end in sight. That is scary.
They want to make great cuts in Social Security – think of it this way—they bemoan us about a two percent tax hike for people who make more than a quarter million dollars, but they want to cut Social Security, further depriving our poorest and most needy people. They want a home owners exemption for vacation homes, and they are willing to cut military wages. It seems as if we have the worst of two parties. We could have a great economy, if we could simply turn both parties inside out.
Our legislators are holding us hostage over their greed. How many people make $250,000 dollars a year? Most people will never see that much money in a lifetime. It takes years to amass such a sum. But, a small percentage of people make much more than that, in a year’s time. Corporate executives can make millions in a year. They are the ones who are balking about paying taxes. Those people pay less than one percent of our revenue. they want us to know that our Social Security program that we pay 15% of our incomes into, should be cut back, and we should be double taxed on it. What kind of deal is that?
A deal fails our working class and poor. We are witnessing raw greed. Senator McCain publicly threw a fit. He stomped and spit on the floor, flailing his arms and insisting that there was no way we should raise taxes on the rich; after all, they have ninety percent of our money. He said that the economy was great during the Regan and Bush Years. The taxes were lowered and people prospered as jobs were created. McCain was speaking for the rich.
During the Regan years, many working people lost jobs, businesses and homes. Small business suffered. Some claims are that, Ronald Regan enabled corporations to take about 50% of our farms.
George Bush Senior, former head of the CIA said he would not raise taxes. Taxes were lowered for the rich and raised on the poor.
George Junior called for a kinder, gentler nation, while planning the Iraq war. What kind of peace was that? His war is the reason for most of our debt. Meanwhile our, Vise President Cheney passed the, Cheney Loophole (a law that holds destructive mining companies free of all liabilities) through Congress and created Halliburton a massive fiasco that made billions for Cheney.
We are held hostage by rich legislators who are waving a baton over our heads, threatening us with higher taxes, higher energy costs; and revoking our Social Security, as they are using our money for other projects – like the war.
McCain said we should be happy and sign their deal to give corporations the break they deserve. They create the jobs. They bring work for us. All we have to do is look at our failing infrastructure, and we can see the work that needs attention. Just hurry and pass this bill and we will deal with it in the next election. We can have all Republicans. They will take care of us. We won’t need Social Security because we can all become investors. Health insurance will be our responsibility. We can do away with Welfare. Our country will be safe again. Nevertheless, do not tax the rich. They take care of us.
In order to make good on bonds, both parties agree on raising our debt ceiling. It is OK. We can pay for it. They will give us jobs with their tax breaks on vacation homes, travel expenses, private jets, and their incomes. It seems like millionaires reign at the top. They spent millions to get there. They own our capitals.
Maybe we need to look closer at how we vote. If we regale ourselves with expensive campaigns that systematically smear opponents and address little or no issues, we get mismanagement of comingled funds.
We need to put facts into the open. At the same, programs that poor people depend on should never be suspended for the benefit of a few. Our most needy people should not be held hostages at the hands of thugs who masquerade as senators. We should have a balanced budget. Seven years to pay off our debts, is a good idea. It should not be done at the expense of our poor and jobless people.
Something that we should note as well, there was no mention of the Pentagon, unlimited funds project.
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