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"They’re Going to Cut Back the Bone and They’re Going to Keep the Fat, Basically. They’re Going to Try to Panic the Population into Acquiescing ... While Making Sure that They Pay the Pentagon, They Pay the Foreign Aid, They Pay Wall Street"
I pointed out
last year that Ronald Reagan's budget director said that the tax cuts
for the wealthy were "the biggest fiscal mistake in history".
I noted yesterday:
And
stopping bailouts and giveaways for the top .1% of the richest elite
(which weaken rather than strengthen the economy, as shown here, here and here) and slashing spending on unnecessary imperial wars (which reduce rather than increase our national security, as demonstrated here and here) is what the budget really needs.
As I wrote last year:
Why aren't our government "leaders" talking about slashing the military-industrial complex, which is ruining our economy with unnecessary imperial adventures?
And why aren't any of our leaders talking about stopping the permanent bailouts for the financial giants who got us into this mess? And see this.
And why aren't they taking away the power to create credit from the private banking giants - which is costing our economy trillions of dollars (and is leading to a decrease in loans to the little guy) - and give it back to the states?
If we did these things, we wouldn't have to raise taxes or cut core services to the American people.
I pointed out the next month:
If
there's any shortfall, all we have to do is claw back the ill-gotten
gains from the fraudsters working for the too big to fails whose
unlawful actions got us into this mess in the first place. See this, this, this, this and this.
Dennis Kucinich wrote in a post entitled "Debt Political Theater Diverts Attention While Americans’ Wealth is Stolen":
The
rancorous debate over the debt belies a fundamental truth of our
economy -- that it is run for the few at the expense of the many, that
our entire government has been turned into a machine which takes the
wealth of a mass of Americans and accelerates it into the hands of the
few.
***
We have to realize what this country's economy has
become. Our monetary policy, through the Federal Reserve Act of 1913,
privatized the money supply, gathers the wealth, puts it in the hands
of the few while the Federal Reserve can create money out of nothing,
give it to banks to park at the Fed while our small businesses are
starving for capital.
Mark my words -- Wall Street cashes in
whether we have a default or not. And the same type of thinking that
created billions in bailouts for Wall Street and more than $1 trillion
in giveaways by the Federal Reserve today leaves 26 million Americans
either underemployed or unemployed. And nine out of ten Americans
over the age of 65 are facing cuts in their Social Security in order
to pay for a debt which grew from tax cuts for the rich and for
endless wars.
There is a massive transfer of wealth from the
American people to the hands of a few and it's going on right now as
America’s eyes are misdirected to the political theater of these
histrionic debt negotiations, threats to shut down the government, and
willingness to make the most Americans pay dearly for debts they did
not create.
These are symptoms of a government which has lost its way, and they are a challenge to the legitimacy of the two-party system.
And Michael Hudson - who is as far from a knee-jerk conservative as possible - hits the same theme with both barrels blazing:
[Interviewer]:
So, what do you think? Good versus evil. We’re playing out the debt
struggle and the debt ceiling issue. And if we don’t raise the debt
ceiling, we’ll be in the apocalypse. What do you make of it all?
HUDSON:
I think it’s evil working with evil.... If you have to choose between
paying Social Security and Wall Street, pay our clients, Wall Street.
***
What’s inefficient? Paying for people on Medicaid. Got to cut it.
What’s inefficient? Medicare. Got to cut it. What’s inefficient? Paying
Social Security. What is efficient? Giving $13 trillion to Wall Street
for a bailout. Now, how on earth can the administration say, in the
last three years we have given $13 trillion to Wall Street, but then,
in between 2040 and 2075, we may lose $1 trillion, no money for the
people?
***
It’s not about the debt ceiling. It’s about
making an agreement now under an emergency conditions. You remember
what Obama’s staff aide Rahm Emanuel said. He said a crisis is too
important to waste. They’re using this crisis as a chance to ram
through a financial policy, an anti-Medicare, anti-Medicaid,
anti—selling out Social Security that they could never do under the
normal course of things.
***
They’re not going to cut back the war in Libya.
***
They’re going to have to decide what to cut back. So they’re going to
cut back the bone and they’re going to keep the fat, basically. They’re
going to say–they’re going to try to panic the population into
acquiescing in a Democratic Party sellout by cutting back payments to
the people–Social Security, Medicare–while making sure that they pay
the Pentagon, they pay the foreign aid, they pay Wall Street.
[Interviewer]:
Yeah. But what–I hear you. But what I’m–I’m saying, what could be an
alternative policy? For example, don’t raise the debt ceiling. Number
two, raise taxes on the wealthy. Number three, cut back military
spending. I mean, there are ways to do this without having to borrow
more money, aren’t there?
HUDSON: Of course.
***
Of
course they could cut back the fat. Of course what they should do is
change the tax system. Of course they should get rid of the Bush tax
cuts. And the one good thing in President Obama’s speech two days ago
was he used the term spending on tax cuts. So that’s not the same thing
as raising taxes. He said just cut spending by cutting spending on tax
cuts for the financial sector, for the speculators who count all of
their income that they get, billions of income, as capital gains, taxed
at 15 percent instead of normal income at 35 percent. Let’s get rid of
the tax loopholes that favor Wall Street.***
Mr. Obama
has always known who has been contributing primarily to his political
campaigns. We know where his loyalties lie now. And, basically, he
promised change because that’s what people would vote for, and he
delivered the change constituency to the campaign contributors...
»
- advertisements -
If you're going to have any government services at all, then there must be government revenues to pay for them: taxes. But if the rich WON'T pay, and the poor CAN'T pay, who do you think is going to end up paying?
Very good, Grasshopper...
Inaccuracy.
The very best way to support government services without taxes is to invade weaker nations, enslave their populace, and pillage their treasuries and their natural resources.
Reference Rome around the time of Augustus.
And the middle-class and Chambers of Commerce will applaud.
DRINK your alcohol. (If a little is good, a lot is better).
WATCH your television. (It's ALL true - that's why it's on TeeVee!)
MAX OUT your credit card.
But above all...FAITH IN THE SYSTEM.
(That's how we defend the Homeland. Praise Be.)
America is foooked and no vaseline. Bend over bitchezzz, this is gonna take a very very very long time to get undone. Meanwhile enjoy the police state USA.
So let me get this straight. We are going to cut funds to the poorest, the most unhealthy and elderly, but maintain wars which benefit countries on the other side of the planet to save them from evil dictators. Yeah, that makes sense. On Washington's list of priorities (not you GW) Libya, Afghanistan, Pakistan, and Iraq are more important than the American people. I would like to have Eric Cantor, John Boehner, Mitch McConnell, Harry Reid, Paul Ryan and Nancy Pelosi on a stage and have them answer questions like that from a crowd of independents. None of them would escape the building without being tarred and feathered.
Very good post Washington. Nice to see among all the Ron Paul fairyland.
Hard to understand the rants against the current mess without the participants having a clue how it came about.
I was really surprised that Tyler took the cliff diving approach. Particularlly when there is no water.
The Pub approach seems to be that if the world won't do it our way we will committ suicide.
What is most confusing is being against bankers while doing their bidding. Then revolting when it counts. I think if someone could show the PUbs that taxes will have to go up, operating expenses, more police, etc. under their preferred scenarios of stupidity.....????
Everybody, just be cool sit tight and do nothing!
...strokin to the left and strokin to the right, stroking to the east and stroking to the west. Just keep strokin it's the best!!
http://www.youtube.com/watch?v=tGVnH39UzI8
I saw this recently
http://www.funnyordie.com/videos/e147f3eb3c/obama-i-m-a-dick
Obama - hope and change = DICK
Obama Bin Lyin' = CIA controlled creation...
Remember: CIA = Wall St and Wall St = CIA
Go Skull n' Bones...
Yep, very sinister the way the MSM has stopped talking about the recent U.S. casualties and war spending. Something wicked this way comes indeed. Were did all those arms go that supposedly went to drug cartels? Know your neighbors folks, this party is just getting started.
Yes. Huge increase in Military spending, and increased security related to the new prototypes. I usually get to know what it is I'm working on, but now there are new projects where the expectation is simply to hold the specs and run the tests, without asking why or what for.
Not much to report beyond that, but the huge volume lately says enough, IMO.
Bla bla bla...US citizens want the wars, they see them as opportunities for social promotion in the US society. Cutting the fat might also start with accepting facts as they are.
US citizens are not victims of wars. They are victimizers of war. They rush to military recruitment offices without anyone forcing them, simply because they want their fun in killing courageous underfed and underarmed enemies who have risen to repell the US invasion, because they want social recognition...
What the US elite does, it is by popular will, US People will. Maybe time for propagandists to admit they can not cover for that blatant fact.
So true. The US military is now another form of welfare, where we stuff all these high school graduates that have no ability to compete on a global level. The judge used to give kids the choice between being locked up or going into the military. I do not think that has changed in so many ways. So it won't stop until it all ends Soviet style bad.
Please take the pustule you call a brain elsewhere...many people who join the military at a recruitment center are there because they have few to no opportunities in life elsewhere or it is an alternative to spending time in a US prison. Your pathetically stupid characterizations are no less injurious than the jingoistic morons you believe yourself to be addressing with your commentary.
Use Occam's razor, please...and don't forget to cut the veins lengthwise.
Sure. In the US opportunity economy, it is either the military or roting on the streets. No other options.
Enlisting has nothing to do with the multiple advantages coming with joining the military, no, no... Between choosing a cleaner job and a military job, US citizens usually go for the cleaner job because they do not want the wars and do not see them as opportunities for social promotion.
I didnt address people in particular. I just stated facts. Facts can be admitted or denied. It has nothing to do with jingoism. I know jingoistic people who accept those facts.
@AnAnonymous. Not to be blunt, but I will. You are a Fucking Asshole.
The poor underemployed who sign up do so because our Banksters and Wallstreet Elite have sold them out.
We have a Socialized Banking system for the elite bond holders. The bailouts did not save the economy.
The military complex is rot with Fraud to the benefit of few. Suit cases of billions went to who ???
Bla bla bla...Up Your Ass...Asshole
Few? You can include the few who enlist and are granted military benefits. These are what people who join the military look for.
Amen brother!!!!
@AA I cant believe how much you got junked. Any American that truly is awake would agree with you. I bet the people who junked you think they are patriots! So sad.
What the US citizen wants does not enter into the decision process.
When they were discussing the Bush/Obama bank bailouts, wasn't it something like 98% of citizens who were opposed? Didn't matter, because they had to pass the bill to see what was in it.
"US citizens want the wars, they see them as opportunities for social promotion in the US society."
The majority of Americans don't want these wars and have not been consulted. Earlier in the decade there were anti-war protests with numbers greater than the Viet Nam protests. The protesters were routed by security forces and ignored by the MSM.
The slashing of social spending tells me that they are "in all", and if you are not part of the war effort, you'll get nothing.
BR: And then you, by definition, become a terrorist and are killed.
One of the reasons I do not believe I am long for this Earth.
They almost certainly are "all in" (which is what I thought you meant to say), and that's going to lead to the streets running red in rather short order.
"the american citizens don't want wars".
If the american citizens don't want wars, why do they fall for this "patriotic" "homeland security" "war agains terror" bullshit so easily.
The reason any president from either party keeps us in the "war on terror" is that all it takes is one incident and his/her committment to protecting this country is called into question.
There is not a lot of logic and fine reasoning in the workings of crowds. And that is what elections are all about. Crude manipulation.
But, I must be an elitist...
gh
The reason any president from either party keeps us in the "war on terror" is that all it takes is one incident and his/her committment to protecting this country is called into question.
Bullshit.
ALL of those "terrorist incidents" so far have been false-flag events done by our own government to achieve some pre-planned purpose.
"Terrorism" is a cover story for turning America into a full-blown police state ...so they can prevent a national revolution ...which they know is coming ...based on their plans to loot the American people into poverty.
Yes social security will be cut back and eventually phased out.
Yes medicare will be cut back and eventually phased out.
Yes medicaid will be cut back and eventually phased out.
Yes obamacare will steadily cost more and pay out less.
Yes 401ks and other pension funds will be looted empty ...actually replaced by government IOUs ...which will be worthless.
Yes bernokio will keep printing currency and giving it to the government and bankers (around the world) until the dollar loses all value and collapses.
Oh yes, they'll precipitate a national revolution ...which they're preparing for. By the time it happens they'll have America fully locked down under martial law.
I don't think it's going to take much more than a few more weeks, frankly.
Between what's going to come out of the debt ceiling debacle, plus the scepter of the lack of the National Religion this year (the NFL), I think the seeds are firmly planted for a COG event in the very near future.
Excellent observation. You are not an elitist. You are extremely aware.
True. No leader, government or ruling elite can mantain power without some measure of support from the general public.
Yes, and if you look at North Korea you can see how far things can go without the people being able(or willing) to overthrow a corrupt dictatorship
As many 'patriots' say 'we stay and fight' well just look how wonderfully that has worked out for the North Koreans
The best way to collapse a system is to emigrate, if you stay you will have to provide for your self and your family and that means they have you by the balls no matter how 'self sufficient' you think you are
Leave now while you still can take your wealth with you
leave now before they shut the door
this is but one example why I read not only Tyler's articles but the commentary that follows. It's laughable that some think we can compare ourselves to the patriots of old. We are bigger pussies then even the sheeple of North Korea..and before anyone junks or rebutts...fuk u fags!
Spot on, the average American follows a "death-centric" culture and most believe themselves to be self-sufficient, middle class, or even well-to-do. Fucking laughable. When the dollar goes bye-bye and water, fuel, and energy quadruple in price, or become unavailable in most cities, then things get interesting the world over, not just American cities. What do you think happens when people can't buy plastic crap from China? Time to raise the price of American corn, soybeans, and grain again. In a nutshell, this is the result of economic and monetary policies the world over that have been detached from reality for over a hundred years and have enriched the top 0.1 % at the expense of everyone else. Default is fine with me, at least then we find out who's labor and time is actually worth a shit and they can be properly compensated in gold, silver, and barter. Fucking bring it. Got physical and like-minded neighbors?
Amazing how truth speakers can bring out the junkers.
American corn is not worth what americans are paying for it as it is. Period. Whos labor is worth a dime after the United States Defaults?? wtf is THAT suppose to mean, seriously? We default, I dont need anyone to do any labor for me. Bet you Id be able to find a mechanic, plumber, electrician, etc for $10.00 an hour though, IF I NEEDED ONE. Which I won't and neither will 99% of the rest of the country. People NEED very little. And regarding food, should TSHTF the president will shut down food EXPORTS, and the price of food will go to the FLOOR! - where it belongs. this is america, we grow our own food, thanks, i dont give a fuck what the 'world market' aka China wants.
@Laws...Defaulting is the only responsible thing to do! Will we act responsibly? Of course not! Have we in the past?
Too late. The gay mafia that has ruled the earth for millenia engineered this collapse, as it has done so throughout history:
http://www.prisonplanet.com/alex-jones-on-gay-rituals-of-bohemian-grove....
Yeah, right. Gay mafia... because there's no way any of this would have happened if people were straight, right? It's all the gays, isn't it?
You wouldn't happen to be a friend of Mugabe?
http://www.iol.co.za/news/africa/mugabe-blames-woes-on-blair-s-gays-1.33324
It's precisely this kind of scapegoating that means we have NO CHANCE of getting out of this. No chance at all.
The only delight I can take is that the bigots will be as dead as everyone else.
** braced for a junking by the xenophobes - let's see what the count is **
Did you actually watch the video? Nothing about gay mafia. They just reported that some of the powerful men there were having gay sex.
Old news... strangely interknown but msm unreported for lo, these many years (at least 10).
Saying more about propaganda than anything else. Blame "gay/homosexual/social deviants"; but I never saw a deviant act the ptb didn't love.
Blame, blame, blame: those gay/homo/deviants must be blamed. Blame works. Blame gives vent to peasant resentment... whilst the bohemians slip away.
Hopeless...
I hate the ****ing gay mafia. But we can keep the shemales out of this, right? They're blameless. And strangely alluring.
Below is a story about an average American-I am not expecting them to notice much of what is going on in our country, much less rebel against anything or anyone.
http://www.wyff4.com/r/28568416/detail.html
Couple Sees Jesus In Walmart Receipt
P.S. I am not the one who junked you.
Yeah, I did that. Freelance job. JHC, dealing with Walfuck is dealing with the devil. They don't pay shit and when they do, they want a discount for payment under 90 days. It was bitch to program that to a act randomly. I think it's part of a upcoming WalFuck promotion called "We are Doing Gods Work in feeding the poor huddled masses at EVERYDAY LOW PRICES".
JHC, you should have heard the Walfuck heirs cracking up over that.
God works in mysterious ways.
Looks more like Osama Bin Laden, to me - after the shot to the face.
Walmart seems to have a culture of its very own - like yogurt.
We are doomed.
Disobey.
Marty Feldman, maybe...
http://www.google.com/imgres?imgurl=http://www.starfetch.com/keywords/Marty_Feldman/Marty_Feldman_3.jpg&imgrefurl=http://www.starfetch.com/db/images/Marty_Feldman/61285/&h=280&w=365&sz=20&tbnid=pzWDY41aGDawOM:&tbnh=90&tbnw=117&prev=/search%3Fq%3Dmarty%2Bfeldman%26tbm%3Disch%26tbo%3Du&zoom=1&q=marty+feldman&usg=__j3vti4eZgyWoIp8ZXQcj6DHxHzw=&sa=X&ei=l0ciTrLoGs-atwfsnqi-Aw&ved=0CD4Q9QEwAw