Saturday, May 28, 2011

Republicans Side with Billionaires? Go Figure....


Taking the Side of the Billionaires
by Robert Parry - Consortiumnews

"What many average Americans, especially white guys, don’t seem to understand is that whatever the populist-styled rhetoric of Fox News or Rush Limbaugh, the Right’s default position is to side with the billionaires – and to show little or no regard for the fate of anyone else, whether NFL players or sick senior citizens.

Still, one must give the Right credit for having worked hard refining how to phrase its arguments. Right-wingers even have turned the term “class warfare” against the Left by shouting the phrase in a mocking fashion whenever anyone tries to blunt the “class warfare” that the billionaires have been waging against the middle class and the poor for decades."

Click here to read entire article.


Why the Budget is the Wrong Thing to Fight About
by Ian Fletcher - Activist Post


"To hear some Republicans talk, you’d think that if only we squeeze hard enough, and go whole hog for their eat-your-spinach skinflint economics, prosperity will return. This is the elevation of deferral of gratification to the master key (if not the sole!) economic virtue, from which all else will follow. If only we’re tough enough on ourselves right now.

Unfortunately for Republicans, that kind of tightwad economics rightly died in the Keynesian revolution over 70 years ago."


Click here to read entire article


 
What the GOP and Corporate Media Are Hiding:
 The Public Debt Is Putting More Cash in Your Pocket
by Joshua Holland - Alternet

"Aside from the recession, we're running high deficits now for three reasons:

First, we're under-taxed – after endless rounds of tax cuts, the federal government brought in the lowest amount of revenue last year since 1950. Second, we have a ripoff of a health-care system – if we spent the same amount per person for health care as any of the 35 countries with longer life-expectancies we'd be looking at large budget surpluses in the near future. And, finally, we spend a wildly disproportionate amount on our military. As economist Dean Baker notes, the dreaded “Medicare gap” is equal to just one-fifth of the increase in our military spending since 9/11."


Click here to read entire article.


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