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View Diary: It's The Economy Stupid: How the 1% got all the money (35 comments)

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  •  it sets a terrible precedent (9+ / 0-)

    but it's not technically thievery (at least not yet) because they are putting replacement money in the SS fund to make up the difference.  It is just a bone thrown to the masses and it will come back to bite us hard.

    Yes, I agree the fix is to repeal the tax cuts for the wealthy (and implement more taxes).

    Honestly, I don't think there is any real effort being put into fixing anything.  

    "Rules must be binding. Violations must be punished. Words must mean something." President Obama in Prague on April 5

    by jlynne on Thu Dec 01, 2011 at 10:05:00 AM PST

    [ Parent ]

    •  From a government that reportedly is secretly (4+ / 0-)
      Recommended by:
      jlynne, jm214, lotlizard, psnyder

      loaning trillions of dollars under the cover of mid-night to foreign interest (apparently off the books), I would not trust the statement that "they are putting replacement money in the SS fund to make up the difference".  The fund is backed by non-negotiable bonds, which if I look at our government, I'd say is worth spit.

    •  jl, the phrase, when I was growing up in Chicago, (8+ / 0-)

      was "The fix is in."

      There's fixing going on, all right, all the time, day and night, out of K Street by way of C Street and every other Main Street in America.

      The Few, knowing that they are free from any consequences by virtue of owning everything that matters, are going to enjoy every moment of ever-heightened, never-satisfying personal pleasure right up to the time they die, comfortably, painlessly, surrounded by the best medical care that money can buy them.

      Too bad there's really nothing new here -- just the result of some changes in the control of information flow, letting the Few take advantage of the hot buttons of most of the rest of us.

      And now "we" are getting all warmed up to go Bomb, bomb, Iran.

      Fucking stupid humans.

      "Is that all there is?" Peggy Lee.

      by jm214 on Thu Dec 01, 2011 at 10:35:32 AM PST

      [ Parent ]

    •  re:replacement money (6+ / 0-)

      where is this money coming from? The generals fund they say, and yet they are cutting and reducing all the  social programs they can get away with. So if they rob the general fund to pay for the depletion of the SS trust, it is thievery.

      It's voodoo economics and like a shell game it simply moves the pea/money with a slight of hand and we think we've gotten a tax break. We will pay dearly for this so called Tax Holiday as it weakens SS's separation as a trust  and sets the stage for their looting of SS by the next sequel of the cat food  commission.

      It also enables them to cry austerity and as Obama said this week call for 'onerous' cuts in their global 'austerity' campaign that's hell bent on wiping out the whole concept of public, or common good.

      It gets their foot in the door of the SS lock box, and takes them another step towards their wet dream of an 'ownership' society. Robbing Peter to pay Paul, with the people anteing them up for another round at the casino, and feeding the vampire squid on humanities face. Nice set up here and we are supposed to call this a victory.        

    •  Isn't it true though... (1+ / 0-)
      Recommended by:
      jlynne

      they haven't decided yet where this "replacement" monies will come from?

      •  general fund (0+ / 0-)

        so something else will get cut.

        "Rules must be binding. Violations must be punished. Words must mean something." President Obama in Prague on April 5

        by jlynne on Fri Dec 02, 2011 at 08:02:55 AM PST

        [ Parent ]

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