Tuesday, August 01, 2006

Entitlement Programs ... Economic Threats?

U.S. Treasury Secretary Henry Paulson says soaring benefit costs were a key economic threat:

"The biggest economic issue facing our country is the growth in spending on the major entitlement programs: Medicare, Medicaid and Social Security," Paulson said, referring to government programs that help ailing and elderly Americans with medical and living costs.

Oh, and of course, too much oversight of big business getting in the way of the new disasters for the working person:

Paulson, a millionaire hundreds of times over, hinted that he might favor loosening some strict rules on Big Business imposed after corporate accounting scandals and bankruptcies of companies like Enron and WorldCom.

These asshats have been singing this anti-entitlement, anti-regulation bullshit for decades, all the while destroying folks' chances of getting pensions, encouraging the one armed bandit of Wall Street for one's life savings and crying about how much the widows and orphans are costing them, as their limos drive them to $1000 lunches downtown. Screw them. The point of an economy is to provide humans with decent lives, not to amass capital in the hands of the few so they can play global politics with everyone else’s necks.

Class warfare? Bring it on!

As Elton John and Bernie Taupin wrote:

Everybody now bring your family down to the riverside
Look to the east to see where the fat stock hide
Behind four walls of stone the rich man sleeps
It's time we put the flame torch to their keep

Burn down the mission
If we're gonna stay alive
Watch the black smoke fly to heaven
See the red flame light the sky

Burn down the mission
Burn it down to stay alive
It's our only chance of living
Take all you need to live inside

--Posted for Gregg

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