The United States is approaching financial and social chaos aided and abetted by a
band of vandals who have invaded our walls. They are intent on bludgeoning the middle class into servitude by eliminating collective bargaining, voiding the contracts previously negotiated, and eviscerating the labor laws which gave us the middle class with the highest standard of living in the world.
If this statement seems exaggerated take a look at the proposals in Wisconsin for one. The financial elite is convinced that the solution to our deficit budgets is to convert the middle class
into some third world peons controlled by the elite. They are too ideologically blind to recognize that the prosperous middle class is the foundation of the economy
which made us the dominant nation and which enabled them to accumulate their wealth.
Our deficit problems began when we abandoned fiscal responsibility and began spending beyond our national income. This trend was further accelerated when congress was corrupted into manipulating the Income Tax laws to provide generous tax shelters for corporate and wealthy taxpayers, thus starving the federal government of income. With the strength of the American economy, and the strong dollar the international credit markets invested huge sums in our debt. We were awash with money for social programs, a costly defense establishment, and building an empire, with foreign wars and bases everywhere.
The American economic system is built like a Lego structure. It comprises numerous
agencies and programs, all, fitting into an interlocking and interdependent mosaic.
Some are essential for economic recovery, some support the social benefit structure
amd some run all the Government operations. To slash the budgets in an across-the- board fashion, without regard to the disruptions in essential programs could lead to
calamities of untold dimensions.Yet this is what the vandals intend, all with the aim
of reaching some preset figure of deficit reduction. That is not governing, it is
demolition.
Thursday, February 17, 2011
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