Budget Cutting Perfidy - by Stephen Lendman
It's all over but the mourning. After weeks of tooing-and-frooing theater, Obama signed the deal from hell. Understand clearly what happened. A bipartisan conspiracy took step one to ending America's social contract. Subsequent ones will follow.
On the chopping block are Social Security, Medicare, Medicaid and publicly funded pensions, heading perhaps first for privatization while slash and burn cuts continue. In addition, all other New Deal/Great Society programs are earmarked for elimination. But don't expect political Washington or America's media to explain.
Raising the debt ceiling was subterfuge, a scam. For decades it's always been done routinely without debate. America's media went along with the charade, manipulating public fear to accept what's now law.
On August 2, in a 1:06PM Rose Garden statement, Obama hailed the budget deal, saying:
"Congress has now approved a compromise to reduce the deficit and avert a default that would have devastated our economy. (The agreement is) an important first step to ensuring that as a nation we live within our means."
"This is, however, just the first step. This compromise requires that both parties work together on a larger plan to cut the deficit...."
Except for announcing future cuts, his entire statement wreaked of duplicity, suppressing what's really at stake. It's so destructively ugly, in fact, no politician or major media journalist would dare explain. More on The New York Times coverup below.