for raising taxes on the wealthy and corporations.
Let there be no mistake, the budget “crisis” we face today is completely on the heads of the so-called “Masters of the Universe” who run the country’s financial system, with secondary credit going to the conservative political system (both parties) which, to this day, has refused to hold accountable the grifters who have wreaked so much damage. While our weak-willed President allows the debt ceiling to be held crisis and threatens to take a chainsaw to the federal budget, Goldman Sachs posted a $1.07 billion profit for the second quarter of 2011. If the nation is broke, as the President and his bi-partisan allies continue to contend, perhaps we should look to an obvious source of revenues.
It is utter madness, and borderline treason, that none of my representatives in Congress have called for raising taxes on the wealthy and corporations. Every single proposal put forth by either the President or the Congress has included at least twice as many cuts to spending as increases in revenue- one plan had a ratio of $5 in cuts for every $1 in revenue. This is total lunacy, and it’s ridiculous that “liberal” politicians aren’t vociferously rejecting the idea that somehow austerity is not only acceptable, but desirable.
I won’t pretend to be surprised by this turn of events. Since his inauguration, President Obama has sought not to challenge the critics who painted him as a bleeding-heart socialist, but to reassure them by proving them wrong. A health care reform package negotiated in secret with hospitals and insurers, an expansion of prosecutions of whistle-blowers, and continued maneuvers to delay the end of “Don’t Ask, Don’t Tell” were all simply prelude to the current betrayal of the Democratic Party’s base.
The 2008 Democratic Party platform states:
We believe that every American, whatever their background or station in life, should have the chance to get a good education, to work at a good job with good wages, to raise and provide for a family, to live in safe surroundings, and to retire with dignity and security.
http://my.firedoglake.com/travisdisaster/2011/07/19/an-open-letter-to-my-representative-my-senators-and-the-rest-of-the-democratic-party/I find this voters letter reflecting an understanding of what shared pain translates to mean for the working class and poor.... another transfer of wealth to the wealthiest.....