Published on Wednesday, November 14, 2012 by OtherWords
The Trojan Horse in the Debt Debate
Dozens of CEOs are running a misleading campaign that would just make matters worse.
by Sarah Anderson
It's budget showdown time in Washington. With various tax increases and spending cuts set to kick in at the end of the year, the pressure is on for Republicans and Democrats to make a deal.
A major player in this hot debate is a new corporate coalition called "Fix the Debt." They've recruited more than 80 CEOs of America's most powerful corporations and raised $60 million for a big media and lobbying blitz.
Their ads call for what appears to be a moderate agenda of balancing spending cuts with some tax increases in order to bring down the deficit and ensure a bright future for the United States. But a closer look suggests the Fix the Debt campaign is a Trojan Horse.
Behind their moderate slogans is an extreme agenda focused on further reducing corporate taxes and shifting the burden onto the poor and elderly. ................(more)
I wonder, at what point will the 1% pause and say "you know, we have enough, let's stop screwing the country over"? At some point money has to just be numbers on a computer screen and more money really doesn't mean a thing.