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There’s a Conspiracy Against Us!

November 12, 2010

On November 10, 2010, Obama’s bi-partisan “Deficit Panel” rendered their proposals for reducing our massive debt. Democratic co-chairman Erskine Bowles said: “This debt is like a cancer that will truly destroy this country from within if we don’t fix it.” They say the remedy will be painful but that it will be spread equally among all Americans. That hardly seems fair since it was the greedy rich bastards that got us into this mess. It’s time they felt some of the pain, but the panel’s prescription will mostly hurt the lower and middle-income folks… as usual. It doesn’t even propose ending the Bush tax cuts for the wealthy.

A few of the key proposals are good and have nothing to do with class or income, like cuts in farm subsidies, foreign aid, and the Pentagon budget. Otherwise, they want to increase the retirement age for full Social Security benefits to age 69, reduce annual increases in Social Security benefits, eliminate the current tax deduction that homeowners receive for the interest they pay on their mortgages, and limit or eliminate the tax-free status of employer-provided health benefits. You don’t have to be an economist to see who is going to feel the pain of all that. Not the wealthy because, well, they’re wealthy!

Yes, we’re in deep doo-doo and something needs to be done about it, but punishing the majority of us for the crimes of the greedy few is wrong. This recession has caused us to lose our jobs, our homes, our healthcare, our security and our future while the fat cats have continued to prosper. Part of the problem with this “Deficit Panel” is that it was made up of a bunch of rich guys that haven’t got a clue how regular people are struggling to survive. So it’s no wonder why the outcome was what it was.

Europeans are rioting in the streets because of their government-imposed austerity measures. We Americans could learn a thing or two from them. We should stand up and shout: “Hell No! Make the rich people pay for once.”

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One Comment leave one →
  1. December 12, 2010 5:02 PM

    I could not have said it better! Our Country is so heavily medicated they don’t FEEL the pain..all is well. We the people are the only ones that can take it back, and stop waiting for someone else to do it for us.
    We are numb, fat, greedy, and lazy…and until we are NOT that anymore we will continue to spiral out of control.

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