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

Debt Ceiling Deal Reached To Avert Default (LATEST UPDATES)

Tuesday, August 2, 2011


The most BS argument to date:  "The cuts and the pain must be shared by all".

It presumes that the poor and the middle classes haven't born the brunt of what Republican­s and Democrats of the past 30 years have done.  

It presumes that the pain of losing a few million dollars when you have hundreds of millions, even billions, is equivalent to the pain of not knowing where your next meal is coming from, or losing the roof over your head and sleeping in your car or on the street.  It presumes that the rich have sacrificed anything at all, when, in fact, they're making money hand-over-­fist!

What's happened to the American people was the greatest heist in the history of the world (2007, the economic meltdown) ON TOP OF a longer term and steady rip-off of Americans' self-inves­ted retirement and medical programs (Social Security and Medicare) the past 40 years which has been used to fund wars, corporate pork and corporate welfare that directly benefitted the rich class over everyone else.   

Where are the investigat­ions, prosecutio­ns and restitutio­n?

What should happen?

#1 - Raise the debt ceiling, irrespecti­ve of a budget (The LA Times reported that Rep. Peter DeFazio (D-Ore.) told reporters that Biden said President Obama "was willing to invoke the 14th Amendment" if the parties could not reach a debt deal by Tuesday's deadline."­), and

#2 - Pass the People's Budget (read it here).  

In that order.
Read the Article at HuffingtonPost

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