What “the great deficit debate” really boils down to is one thing: priorities.
Deficits weren’t a priority when nearly all Republicans and a good number of Democrats voted for the ill conceived and ill advised invasions and occupations in Afghanistan and Iraq close to a decade ago. They weren’t a priority when tens, if not hundreds of billions went to waste or were just “lost” in Iraq – not knowing if they ended up in the hands of those who were the stated enemy. They weren’t a priority when billions of no-bid contracts were handed out like candy, with no accounting.
There were some in Congress, including my Representative, Scott Garrett, who weren’t yet elected when the first vote was taken to start the folly in Iraq. However, he, and his ilk have been present for all or most of the subsequent economy killing votes to continue funding these disasters with our children’s, grandchildren’s and great-grandchildren’s money. There wasn’t even a hesitation on most of this – even with the very basic premise that cutting taxes in conjunction with a war is unheard of and pretty much unprecedented.
There was little to no concern of the drain on the economy, the massive deficits being caused by these trillions – coupled with the massive tax cuts at the same time. There was little to no concern when the levees in Louisiana couldn’t hold back, despite prior warnings. There was little to no concern when bridges were collapsing in Minnesota, when a failure of the power grid knocked out much of the east coast for over a full day or as our country’s roads were given failing and close to failing grades.
There was little to no concern when the amount of money being borrowed was a neverending pit, or when the weapons being used weren’t really suitable for the kind of “war” that was being waged. There was little to no concern when the debt was piling up and our country’s coffers were being raided for “business opportunities” for
looting by private companies post invasion rebuilding. There was little to no concern that this government was paying private contractors scads of money for “security” in Iraq – with no accountability and on numerous instances, with highly questionable behavior.
So now, as we hear suddenly from the same people that brought the ill advised invasion and occupation of Iraq, the same people that doubled down on Afghanistan, the same people who have no interest in holding those accountable for stealing untold billions from We the People – we hear that this country can’t afford to take care of its own?
Really? Really? Perhaps if any thought was given to the plight of Americans and the US economy for the past 8 years, then we wouldn’t be in a “nobody could have guessed” scenario as the guilty parties try to give moral advice.
"The world is a rigged game"
Matt Taibbi at Rolling Stone: “Word has leaked out that the London-based firm ICAP, the world’s largest broker of interest-rate swaps, is being investigated by American authorities for behavior that sounds eerily reminiscent of the Libor mess. Regulators are looking into whether or not a small group of brokers at ICAP may have worked with up to 15 of the world’s largest banks to manipulate ISDAfix, a benchmark number used around the world to calculate the prices of interest-rate swaps.”
On winning and values
So, right-wingers, you want a society where families are stable, where everybody looks like you and shares your Christian faith, and where the government pretty much stays out of your business? It’s not in some Randian fantasy, it’s right here in the USA.
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