General Discussion
Showing Original Post only (View all)It was all about Wall Street all along. Apparently, this whole theater of the absurd [View all]
was because of the effect going over the so-called fiscal cliff would have on the markets. It really has nothing to do with the deficit, the debt ceiling, poor people and seniors sucking up more than they deserve, too many taxes on the privileged, oh well, yeah a little bit about that. It was how it was going to affect the markets. Imagine if they had pulled off the reduction of taxes for the rich, the chained cpi for seniors on Social Security and the other fingers in the pot maneuvers those Repukes tried. The futures market would have boomed among all the speculation that being able to dip into that last pot of money left, the social programs backed by separate funds from separate taxes just for them, would be available to them. They have already raided the Treasury until there is nothing left, but there is still money to be gotten out there in people's health care and pension money.
This is what the markets would react to. Sure if they pass the bill in the House, it will save the markets somewhat. Of course that's all they cared about. This is why our side was even willing to put our Social Security and Medicare on the auction block, which has zero to do with the deficit. They are all beholden to Wall Street. Damn, it's time to take those corporate markets down brick by brick and in the future to elect law makers who don't have corporate logos tatooed all over them.