"The American People Are Being Punished Because Republicans Refused Pay Their Debts"

[applegrove]

The American People Are Being Punished Because Republicans Refused Pay Their Debts

By: Rmuse at Politicus USA

http://www.politicususa.com/american-people-punished-republicans-refused-pay-debts.html

"SNIP..............................................


There are few Americans who enjoy being in debt, but it is a fact of life. At least when someone borrows money they have to repay, they have something to show for it whether it is a car, home, or a shiny new Les Paul. However, it is hard to imagine anyone being thrilled about being responsible for another person’s debt, especially if they have the new car and expect you to provide insurance, gas, and upkeep for life, and then take your car if you cannot pay their debt. Americans are being held responsible for Republicans’ debt for two unnecessary wars, costly prescription plan, tax cuts for the rich, and gifts to the oil industry, and to add insult to injury Republicans penalize Americans with spending cuts to give more to people who created the debt in the first place.

Republicans became debt and deficit sensitive in January 2009 just as President Obama was being inaugurated, and they embroiled the entire country, including Democrats, in their single-minded reduce the deficit mission. However, Republicans exempted those who benefitted from the debt of any repayment, and are attempting to rob Americans’ health and retirement accounts, domestic programs, and government services to repay the debt and give more “free stuff” to the debt creators. It is important to note that the people who caused Great Recession were bailed out by taxpayers, and are reaping 93% of the recovery and if Republicans have their way they will give more to those responsible for the Recession.

If Americans understood what Republicans are doing with this debt and deficit hoax, and that they are willing victims of the greatest scam on the people in the nation’s history, they would riot in the streets and dismantle Wall Street brick by brick. First, Republicans gave the defense industry, the wealthy, and pharmaceutical industry borrowed money that racked up the deficit, and demand the people repay the debt with domestic cuts, Medicare, and soon, Social Security. That is bad enough, but those responsible for the Great Recession; banks, financial institutions, and Wall Street are clamoring for more “debt and deficit” reduction paid for by the people after the people bailed them out and while they are reaping profits from the Recession they created.

The 2011 debt ceiling crisis that jeopardized the full faith and credit of the United States perfectly illustrates the outrageous scam Republicans are perpetrating on the American people. To raise the debt limit to pay for Republicans’ two wars, tax cuts for the wealthy, and prescription plan that benefitted big pharma, Republicans demanded spending cuts equal to the amount needed to repay their war, tax cut, and pharmaceutical debt all while refusing to raise taxes on the debt creators. For the third straight year, Paul Ryan is proposing a budget that cuts spending on programs for the people, ends Medicare, and takes food from the poor, children, and seniors to pay down the debt Halliburton, the defense industry, and wealthy incurred and profited from.

..............................................SNIP"

[msongs]

1. that's what one would expect to hear from our president. too bad nt

[kairos12]

2. Rethugs, banksters, tea thugs, randians, all Carnival barkers

and the public is the mark.

Used to be when the town folk figured out the carnies were screwing them they chased them out of town. Not so much anymore.

[applegrove]

3. True. Hopefully Occupy, then Obama woke the independants up. As to the rest of the right, they

seem far gone but I have hope that some day they will free themselves from being pawns or patsies of the 1%.

[freshwest]

6. +1

[socialist_n_TN]

4. Naomi Klein described this in "The Shock Doctrine"...

a decade or more ago. The dictators run up the bill by borrowing from the IMF or other international financiers, USUALLY FOR THINGS THAT WIND UP OPPRESSING THEIR PEOPLE, then when they're overthrown, the people STILL owe the debt for the money spent to oppress them.

[applegrove]

5. That was a great book. I do think her thesis, that creative destruction was on the agenda

Last edited Thu Mar 14, 2013, 03:00 PM - Edit history (2)

of many on the right, is true. But I think Iraq calmed their desire for war and Katrina calmed their desire for creative destruction, for a bit. But now they are back with the manufactured crisis of debt and cuts needed. The 1% were not be affected by the meltdown in 2008. They just go into savings and their lifestyle stays pretty much the same. So they don't go through loss and learn the hard truths you learn when you feel sad. They stay delusional angry or delusional happy. Either way they are clueless or cold and could one day end up in a country they do not recognize.

So too those people who made it through WWII and could not abide nazis got old, and the younger of political leaders on the right loved psychopaths and their tricky moves. And the younger public, the baby boomers, had not experience with being exploited so they let the right and the 1% control the agenda. And then George W. Bush happened. Obama won. And then Occupy happened. Then Occupy stopped being about all the 99%, and started being about the far left, which are different, so those independants, woken up by Occupy, went to democrats and voted for Obama in 2012. Many are wiser now. Half of America still tolerate nazis much more than the greatest generations ever would have. It is still a big worry.

[WillyT]

7. Yep... K & R !!!