The tragic comedy that is the deficit debate is helping to further expose the opening salvo of another “brutal campaign of economic shock and awe,” or as journalistic appeasers would say, “austerity.” This debate also helps people to understand how the Democrat Vs Republican charade and the “lesser of two evils” game is played by the banksters – all you have to do is spend about an hour researching it.
On the one hand you have House Speaker Boehner’s new budget proposal, which the Center on Budget and Policy Priorities has just described this way:
“House Speaker John Boehner’s new budget proposal would require deep cuts in the years immediately ahead in Social Security and Medicare benefits for current retirees, the repeal of health reform’s coverage expansions, or wholesale evisceration of basic assistance programs for vulnerable Americans.
The plan is, thus, tantamount to a form of ‘class warfare.’ If enacted, it could well produce the greatest increase in poverty and hardship produced by any law in modern U.S. history.
This may sound hyperbolic, but it is not. The mathematics are inexorable.”
[read full report]
Imagine that, a wonky fiscal policy organization just took the words out of my mouth. Couldn’t of said it better myself.
And now for some more non-hyperbole, and to completely expose the Democrat Vs Republican “lesser of two evils” game, take it away Professor Michael Hudson:
Mr. Obama’s Scare Tactics to Get Democrats to Vote for His Republican Wall Street Plan
“You know that the debt kerfuffle is as staged as melodramatically as a World Wrestling Federation exhibition…. The reality, of course, is that [the eldery] are being led to economic slaughter…
It is a con. Mr. Obama has come to bury Social Security, Medicare and Medicaid, not to save them…
When governments are run by the rich, it is called oligarchy… we are seeing a lapse back into neo-feudalism. The difference, of course, is that this time around society is not controlled by military grabbers of the land. Finance today achieves whatmilitary force did in times past. Instead of being tied to the land as under feudalism, families today may live wherever they want – as long as they take on a lifetime of debt to pay the mortgage on whatever home they buy.
And instead of society paying land rent and tribute to conquerors, we pay the bankers. Just as access to the land was a precondition for families to feed themselves under feudalism, one needs access to credit, to water, medical care, pensions or Social Security and other basic needs today – and must pay interest, fees and monopoly rent to the neo-feudal oligarchy that is now making its deft move from the United States to Ireland and Greece.
The U.S. Government has spent $13 trillion in financial bailouts since Lehman Bros. failed in September 2008. But Mr. Obama warns that thirty years from now, the Social Security fund may run a $1 trillion deficit. It is to ward it off that he urges dismantling the plans for such payments now. It seems that the $13 trillion used up all the money the government really has. The banks and Wall Street firms have taken the money and run. There is not enough to pay for Social Security, Medicare or other social spending…
The exercise turns out to be a not-so-divine comedy. Mr. Obama offers a plan that looks very Republican. But the Republicans say no. There is an illusion of a real fight…
The Obama administration is now deep into its Orwellian rhetorical phase…
Wall Street knows that to get sufficient Congressional votes to roll back the New Deal, Social Security, Medicare and Medicaid, a Democratic president needs to be in office. A Democratic Congress would block any Republican president trying to make the kind of cuts that Mr. Obama is sponsoring. But Congressional Democratic opposition is paralyzed when President Obama himself – the liberal president par excellence… – acts as cheerleader for cutting back entitlements and other social spending.” [read full report]
Great work exposing the Obama Illusion and the “lesser of two evils” charade, Professor Hudson.
In case you’re still not understanding what is happening, here’s one more round of non-hyperbole for you, courtesy of one of my earlier reports on journalistic appeasement:
“What has to happen for you to stop being a status quo supporting naïve journalist and realize that we are in the middle of a war? More accurately, it is a slaughter. An all-time record-breaking slaughter….
When I write that Obama is a puppet, some people still get upset with me. Are you kidding me? What kind of president allows this to happen without holding people accountable? What kind of president allows our tax dollars to be taken and handed out as all-time record-breaking bonuses while we have an all-time record-breaking number of people living in poverty? What kind of president puts career-long preeminent economic imperialists Tim Geithner and Larry Summers in charge of our economy, and supports Ben Bernanke’s reconfirmation as Fed Chairman? This is all absurd and inexcusable! These three people would be in prison if we lived in a nation ruled by law. Obama is a bullshit artist – Period, Full Stop.
This is a quintessential banana republic ruled by a puppet president. If that truth is too much for you to handle, stop reading this right now and go retreat into your ‘reality TV’ world while you still can….
What will it take to make you understand this? Don’t you get it? This is a war!
This is a mass slaughter carried out by economic policy.
This is the elimination of the existence of a middle class. These are financial terrorists committing crimes against humanity.
Our country is being attacked! My family is under attack! My child is under attack! I am under attack!
We are under attack!”