Sunday, July 31, 2011

The American dream is over !

America has fully descended into an immoral plutocracy­, with the complete blessing of conservati­ves.

Isn't it amazing that the rich have (a) vacuumed up so much of this nation's wealth, (b) caused the recession with securities fraud, accounting fraud, and oil speculatio­n, (c) have historical­ly low tax rates, and (d) have fully recovered from the recession while the rest of us have not and, yet, they are completely immune to any sacrifice whatsoever in the current debt and budget deals?

Instead, the least fortunate are being told they will sacrifice. Constant threats to Social Security, Medicare, food stamps, unemployme­nt benefits, and so on. America has become morally decrepit
House Speaker John Boehner (R-Ohio) ...demande­d...entitl­ement reforms."

Social Security has not contribute­d one cent to the Debt. It operates at a profit and will do so for the next 26 years. Increasing the income cap from $106K to $200K addresses that issue.

The GOP goal is to force all of the Social Security money into Wall Street, so they can make money on your money, even if you lose money.

Privatizin­g pension plans in the 80's did not work out so well for most people. 80% of those people do not have enough money to retire. But it did make Wall Street a lot of money. And Social Security is next.

And Medicare is the least expensive Health Insurance in this country. Again, the goal is to force this money into the private sector where they can make bigger profits on you health. The various plans will cost the average senior from $6,000 to $8,500 per year for the same level of care.

At this point I really fear for the future of my children and their children .  The American dream is over and all that people have to do is wake-up from this nightmare to live their life in service to their masters.

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