The TRANSFORMERS mount their second attack on America

[Bill USA]

Not satisified with their first efforts resulting in Trickle Down Disaster precipitated by the Deregulation Debacle, The Transformers now are mounting their second attack on America.

http://voices.washingtonpost.com/44/2011/02/house-moves-forward-on-governm.html">House moves forward on Republican plan to cut $61 billion

The Corporate Lobbyist Partiers who blew up a surplus and turned it into the highest deficit seen till then by funding two wars on debt and passing a large tax cut, 50% of which went to the wealthiest few percent of the population and who said "Deficits don't matter" have now transformed themselves into Deficit Hawks who NOW want to cut spending so much as to threaten investments in our country's future - investments in education, infrastructure and tomorrow's more efficient sustainable technologies. Without these investments the Transformers are jeopardizing America's future AND reducing our ability in the long run to pay off the enormous deficit THEY CREATED with their TRICKLE DOWN 'PROSPERITY' and their Dogma of DEREGULATION.

Recovering from the Trickle Down Disaster means we must have near term deficit spending and for the longer term we need to make the investments (now) to foster economic growth in the future to be able to afford the programs that are needed to address the challenges America must meet if we are to remain one of the leading nations of the world, as well as to be able to pay down the public debt.

The Republicans are again being duplicitous in their feigned concern for the deficit. Only a couple months ago they demanded continued tax cuts for those who can get along without them (and who, lacking an economic justification, never should not have gotten them in the first place, cf Bush tax cuts) as the price to provide sustaining Unemployment Benefits Extensions to millions of people thrown out of work by the Reckless Policies of these very Corporate Lobbyists, now transformed as Deficit Hawks.

Their real objective is to cut near term spending enough to kill off the incipient recovery stirring despite the Corporate Lobbyists successful effort to downsize the original stimulus (ARRA) by a third - as the price to be paid to keep them from killing (or delaying, which would have been the same thing) any stimulus at all.

[Newest Reality]

1. I have speculated on the trend here.

It smacks of shock and awe economics. While everyone continues to believe that it is somehow profitable or in the interests of the Corporate Occupation to build-up this economy, we see signs of the opposite very often.