Thursday, December 16, 2010


American politicians have been piling on debt and giving away free shit since the end of WWII, when they figured out they could borrow money and use it to buy votes. Getting elected was more important than doing the right thing, because the day of reckoning was a day in the future. Who can blame the other countries of the world for following suit, especially when money seemingly grows on trees.

The GI Bill was the first government give away program, which I have no problem with, unless it's with borrowed money. Therein lies the problem. So, instead of means tested Social Security, as should have happened in the fifties, when Corporate America went global, we get senior citizens claiming their entitled to a monthly stipend from the government, simply because they've paid into it. Well, I've got news for senior citizens, and every other taxpayer. We don't pay enough in taxes! Because the federal government takes every dime we pay in taxes and spends twice as much! We got Medicare because it was cheaper for insurance companies to buy Congress than it was to pay the real cost of a person's health care, thereby hiding the cost in the federal deficit.

Here we are 50 years later and bank deregulation has allowed wall street to walk off with the national treasury, at the same time the bill is coming due for all of governments largess at all levels of government. Yes, we are a free people, and there are those who don't like it. The battle of this century will be against global corporatism, and a sixties style protest, which is all the europeans are accomplishing, may not be enough to persuade the powers that be of the ill considered method of their madness. The europeans are being provoked by anarchists, or so the media would have us to believe. Nothing short of reparations in the form of debt forgiveness will head off the inevitable consequences of a half century of delusional governance.

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