Breaking the Bank: The RW Road to America's Privatized future

[texpatriot2004]

http://www.commondreams.org/views05/1011-22.htm

n September, Federal Reserve Chairman Alan Greenspan, in a comment perhaps not intended for publication, told Thierry Breton, French Finance Minister, that the US budget is out of control with the country being plunged ever more deeply into debt. The Economist reported Breton's disappointment "... that the management of debt is not a political priority today."

Breton was wrong. Accumulation of massive debt is the number one priority of the Bush Administration - a deliberate, managed move toward its goal of an “ownership society” in which all aspects are privatized.

Since the introduction of the massive Republican tax cuts, many observers understood immediately that they were to plunge government into debt, thereby undercutting its ability to fund social programs such as Medicare and Social Security, and to administer public domain that has long belonged to all citizens in common.

In May of 2003, Princeton economist Paul Krugman wrote that "gimmicks used to make an $800-billion-plus tax cut carry a price tag of only $320 billion are a joke ... The people now running America aren't conservatives: they're radicals who want to do away with the social and economic system we have, and the fiscal crisis they are concocting may give them the excuse they need."

<snip>

[China_cat]

1. ...government by the people, of the people

and FOR the people...

Seems like that last clause has been lost. And the other 2 are definitely on the wrong path.

[McKenzie]

2. and people still don't accept that this is orchestrated

It seems that business now has that relationship with government they have always dreamed of... Mike Ruppert drew a nice little comparison between what's happened today and the scene in Godfather ll on the rooftop at the hotel in Havana. As Hyman Roth is dishing out the spoils amongst the big crime families he says "This government knows how to support business, how to encourage it".

The corporations and big financial interests are now deeply embedded within the political machine. Some people (way better informed than me at that) have been shouting about this for years. Hopefully people will start to realise that Diebold, privatised prisons, no-bid contracts, attacks on public spending etc are all part of the same game plan.

[texpatriot2004]

3. That baffles me. It is so obvious. What is it with us that won't let us

see the evil for what it is? To call a spade a spade. Their actions are purposeful, intentional, criminal, treasonous...yet most of us are clueless. I thought Camelot died with JFK; how can we be so naive, so oblivious.