The Fed runs up a bill that must be paid and nobody is upset about it. Why isn't Geithner and once again the question is asked, "Where is Holder, our Attorney General?" Most likely he is honing in on yet another who had the audacity of reporting a criminal activity.
Meanwhile we are paying that debt even though we supposedly had nothing to say in spending it. One might call it robbery, but stealing from such things as pension funds, the Social Security Trust Fund, the United States Treasury, and others appears to be the trend of the era.
Another area that should be looked at, only on a much smaller scale, is that of the budget for each member of Congress. Presently, tax dollars amounting to $1.6 Billion is spent annually for the staff of members of Congress. That's over $16,000,000,000 over the ten year period they use in explaining costs. Only in this case it will be much more than that as I am certain they will increase it annually in order to maintain their costs rather than cut their costs as they are proposing for their constituents.
Instead, however, the corporation gerbils making up Congress want to cut in areas that have absolutely no bearing on the deficit, other than Social Security, because it has been raped by past legislators in the largest creditor the United States has. When you hear these blowhard politicians screeching in a couple of months when it is time to negotiate on the debt ceiling about how "America always pays their debts" keep in mind they have no intention on paying their largest creditor -- the SOCIAL SECURITY TRUST FUND -- but instead have designs of continuing the raping of that system, even shutting it down. Yours and my "representatives" have no interest in preserving our economic future, make no mistake about that.
In most companies when costs are more than income cuts are made cuts are made. The running of Congressional offices should be no different. With how that body has performed in the past three decades one might even ponder the need for ineptitude. Would we, the people, get the same result if ALEC would simply present their proposals and the President "rubber stamp' them into law?
Presently, all we hear about from the Corporate Media Propagandists is about this "fiscal Cliff" which they tell us we will fall off if nothing is done on the Bush Tax Cuts and budget cuts. If nothing is done tax rates will rise for everybody. The CMP tell us the average American family will see their taxes will rise on average of $1600 - $2000 annually. This may be so, but what has been left totally unsaid is taxes on capital gains will rise from 15% to 24%, and taxes on dividends will rise from 15% to 43%. These are areas that will affect primarily the upper 2%, and that is a prime reason for the "concern" among legislators -- their sugar daddies will stand to get hurt. The upper 2% can even absorb the increase in tax rate to 39.5% as most of them do not earn wages, but receive capital gains and dividends. Even if they do earn wages they have enough loopholes to play so they will still come in at a rate less than the average American worker. So, once again the dilemma facing these fops is not what the effect on the working people will be, but how their pimps prosper.
So, the raping of the average American citizen continues as it has for the last three decades. This time, however, it is more blatant as the perpetrators appear to be so brazen as to be giving the American people the proverbial finger.
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