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Post by waltc on Jul 26, 2011 19:36:27 GMT -6
Hudson has a video on the current "debt ceiling crisis". Synopsis: This is a faux crisis that is aimed killing Social Security and Medicare. Both the GOP and Obama have colluded on this. It can be seen with Obongo's Debt Commission that he packed with 2 corporate goons - Sen Simpson and Urskine Bowles who want to kill both programs. So after all the Kabooki dancing is done both sides will magically come to a agreement that fucks America. I think we are witnessing the last gasp of the American dream here and a final solution for the sick, elderly and poor as well. Conservatives don't have the balls to send out murder teams or set up death camps, so they just remove any and all economic support for these people and let illness and starvation claim them. Link: michael-hudson.com/2011/07/save-the-gambling-bankers/
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Post by unlawflcombatnt on Jul 26, 2011 21:31:47 GMT -6
My view is that this is all about the Republicans trying to preemptively prevent a tax increase. They're worried only about tax increases in the future (or expiration of the Bush tax cuts) that will likely occur in the future, unless some kind of phony plan is concocted now to "cut spending."
I think it is less about killing Medicare and Social Security--and more about preventing tax down the road. It's an invented crisis whose true goal is to keep the rich from having their taxes increased in the future.
And Obama is just as concerned about tax increases on the rich as the Republicans are, because he wants to appease those rich donors who are funding his re-election campaign.
Thus Obama wants to sell-out his base now rather than later, since it gives him more time to lie his way out of taking responsibility for the sell-out (the way he did with his health care sell-out and his Bush tax cut extension sell-out).
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Post by fredorbob on Jul 27, 2011 2:52:45 GMT -6
This is a show.
Essential government services will continue, "SS checks, officers in uniform".
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