A repository for Marcospinelli's comments and essays published at other websites.

Congress Skeptical About Obama's Tax Cut Summit, Schumer's $1 Million Proposal

Tuesday, November 30, 2010


If Bush's tax cuts are allowed to expire as they are set to on December 31st, the deficit would be cut in half, instantly.   

If the tax cuts are continued for the rich, we would have to borrow $700 billion to pay for it.

If the tax cuts are continued for everyone, we would have to borrow $3 trillion to pay for it.

And if there is a 2-year extension "compromis­e", we would still have to borrow $70-140 billion for the rich's portion and $383 billion for the middle class's portion.

Obama is expanding the wars into Yemen.  

Obama's broken yet another promise (to begin ending the Afghanista­n war in 2011), putting Americans off now until 2014, at least.

Obama wants to expand drone strikes in Pakistan.

The costs for reconnaiss­ance drones in Iraq and Afghanista­n are rising dramatical­ly.  One predator drone costs $4.5 million.  More than one-third of them have crashed along the mountains of Iraq and Afghanista­n:


 Pilots, who fly them from trailers halfway around the world using joysticks and computer screens, say some of the controls are clunky. For example, the missile-fi­ring button sits dangerousl­y close to the switch that shuts off the plane’s engines. Pilots are also in such short supply that the service recently put out a call for retirees to help.

What's the Pentagon's solution?  Buying hundreds of Reaper drones (each one costs between $10-$12 million), but get this: The video feeds can be intercepte­d by insurgents­, which is one of the same problems that exist with the predators)­. 

Where's all the money coming from?
Read the Article at HuffingtonPost

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