In response to the dire financial situation the Irish Government finds itself in due to poor fiscal policy and the actions of fraudulent banksters, a new budget was outlined that had some of the most severe cuts in them ever imaginable. Severe cuts that is, to the working class and the poor. Things like a decrease in minimum wage. An increase in the VAT. An increase in student fees (the new govt in the UK has suggested that idea too, the students there aren't quite done yet expressing their feelings apparently). The loss of almost 25,000 public jobs. Pension reductions. You know, basically shredding the public safety net.
What about the rich corporations you ask? The people that caused this whole fucking mess in the first place? The new 'austerity measures' make sure that the corporate tax rates stay the same. Wouldn't want to scare away jobs by taxing the job-creators, right?
My arse.
This is the first of many 'austerity measures' that will be suggested by many other governments in the not too distant future that will have one purpose, and one purpose only; to lay off the massive debt caused by corporate fiscal malfeasance onto the shoulders of the working class. In America, 'We The People' have been saddled with TRILLIONS of dollars of debt (the real number still hasn't been figured out, or if it has been it hasn't been released) to bail out the banks that drove the US economy to the verge of collapse through theft and fraud. Make no mistake, what the banks did in the US were real, proper crimes, but instead of perp-walking their multi-million dollar a year CEO's straight to jail, the public was sold a bill of goods by the bank-owned whores in D.C. who artfully managed to stiff the US taxpayer with the bill for the clean-up. That in turn drove up the deficit, and the bank-owned whores in D.C. now say that in order to pay that down so that the US remains credit-worthy (because China is becoming less and less eager to buy our debt when we're paying them less than 1% in interest) we have to make budget cuts. Public education, transportation, Medicare, Social Security are all on the chopping block to be cut in order to reduce the deficit. What isn't being considered (other than the staggeringly bloated defense budget, that will never, EVER be cut)? Increasing taxes on the bastards that got us into this mess in the first place. Wouldn't want to scare away jobs by taxing the job creators, right?
My arse.
It all comes down to the age-old truism 'He who makes the gold, makes the rules'.
That has never been more true than now.
Happy Thanksgiving indeed....
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