Workers-Control-Over-Prod
14th November 2012, 09:55
I would like to comment on the current political theatre in the USA about the "fiscal cliff". It is warned that 700 Billion dollars will automatically be cut and taxes raised if an agreement is not made by the Republicans and Democrats until January 1st.
Hours after Obama's electoral victory, the Rating Agency Fitch warns that "the household budget will not be a honeymoon for Obama". On Wednesday large sales were made on Wall Street made to pressure the US government and Congress to prevent such a scenario which would see automatic tax raises.
The Democrats have announced that they will make a "Grand Bargain" which should rather be called the "Big Betrayal" to the people of the United States (and further maybe even global economic stability) as Social cuts are on the table in the USA.
While Wall Street pressures with its sales, their bourgeois press are pulling the levers to instill apocalyptic fear into the people, building a tense situation to legitimize social cuts. The American people voted overwhelmingly for the more rhetorically social candidate Obama, who calls for higher taxes on the rich. Here is a prime example of how developed Private Ownership is a powerful weapon that is against the public interest, and thankfully public will in this case.
64% of US Voters said that they want to keep the Social Security, Medicare programs, and said that they want to lower the deficit through higher taxes on the rich, while only 17% were against higher taxes on the rich; hence the overwhelming majority of Americans are for a social solution to this crisis.
A lot of this overwhelming majority who are for higher taxes on the rich, voted for Obama who gives lip service to a social solution to the crisis. That means that a large portion of the people who went out to vote for the Democratic party candidate, expect a social solution to the crisis.
But of course, the two parties already made a deal on November 6th that saw an agreement on cutting 4 Billion dollars over the next ten years, and a further agreed upon plan that will see a tax "reform" that will benefit the rich and a "reform" of social programs that will hurt the poor.
Hours after Obama's electoral victory, the Rating Agency Fitch warns that "the household budget will not be a honeymoon for Obama". On Wednesday large sales were made on Wall Street made to pressure the US government and Congress to prevent such a scenario which would see automatic tax raises.
The Democrats have announced that they will make a "Grand Bargain" which should rather be called the "Big Betrayal" to the people of the United States (and further maybe even global economic stability) as Social cuts are on the table in the USA.
While Wall Street pressures with its sales, their bourgeois press are pulling the levers to instill apocalyptic fear into the people, building a tense situation to legitimize social cuts. The American people voted overwhelmingly for the more rhetorically social candidate Obama, who calls for higher taxes on the rich. Here is a prime example of how developed Private Ownership is a powerful weapon that is against the public interest, and thankfully public will in this case.
64% of US Voters said that they want to keep the Social Security, Medicare programs, and said that they want to lower the deficit through higher taxes on the rich, while only 17% were against higher taxes on the rich; hence the overwhelming majority of Americans are for a social solution to this crisis.
A lot of this overwhelming majority who are for higher taxes on the rich, voted for Obama who gives lip service to a social solution to the crisis. That means that a large portion of the people who went out to vote for the Democratic party candidate, expect a social solution to the crisis.
But of course, the two parties already made a deal on November 6th that saw an agreement on cutting 4 Billion dollars over the next ten years, and a further agreed upon plan that will see a tax "reform" that will benefit the rich and a "reform" of social programs that will hurt the poor.