Thursday, December 27, 2012

On Fiscal Cliff, Republicans Wait For Action From Obama, Democrats


Two things.



The President introduced a plan that cut long-term Social Security benefits which isn't allowed to impact the deficit. So I'm not so sure that there is a plan going on that will make the 98% happy.



Second, to the republicans, the economy is not a mess. It's a great start toward what they believe in their heart is the appropriate 'natural order' where the 1% own everything and the 99% beg and plead for $1-a-day wages or die. Eliminating government protections and consolidating capital is the means to get all the way there.



The only things the republicans demand is more cuts in capital gains and personal income for the wealthy - and as much deregulation as possible. Everything else is just noise from them. And of course, these are the two items that have undermined our economy and societal continuity. So far, by bluffing and assuming the President will give into them has helped them achieve these goals. Will it work this time? I sure hope not.
Read the Article at HuffingtonPost

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