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Bush-Democrat tax rebates: Worse than Guantanamo

by Lee C.

Jan. 27, 2008
 PERMANENT LINK 
Paul Krugman rips the scheme concocted by our reps in the People's House in conjunction with the assclown in the White House.

Here is the link to his table showing that the top 40% of earners will be receiving 57.1% of the free money! And the lowest 20% receive only 6.5%.

According to Krugman the upper-income earners are less likely to spend the money, but will simply put it in the bank. Therefore the goal of the plan will not be achieved and the money
 
This is actually worse than Guantanamo or Abu Ghraib because it demonstrates soulless disregard of our very own citizens.

And it convicts not just George Bush but Congress itself, especially the Democrats, who couldn't vote YES fast enough.
wasted. Not to mention the millions of Americans living in abject poverty who will get nothing.

It is very clear that in spite of being the most famous "Christian", George Bush is a textbook sociopath. This plan doesn't just miss the mark it ignores both practical reality and compassion.

If our country plans to just blow out the treasury giving out $150 billion in free money, but plans to give nothing to help the poorest among us, then we are damned.

This is actually worse than Guantanamo or Abu Ghraib because it demonstrates soulless disregard of our very own citizens. And it convicts not just George Bush but Congress itself, especially the Democrats, who couldn't vote YES fast enough.

The most forgiving thing that could be said of this plan is that it is a thinly disguised attempt to purchase votes for incumbents using the people's money.

I estimate that they have stolen, wasted, or cronyized between $10,000 and $30,000 for every one of the 300,000,000 citizens (if you don't have your calculator, that is ten to thirty trillion -- just GONE.)

And it makes a mockery of capitalism itself! Every Bushian or Rumsfeldian brainfart costs at least $10 billion -- hell, they blow off that amount like chump change. And guess what, that is Exxon Mobil's total profit for a whole quarter! And think about people actually working and paying taxes, this turns their efforts into jokes.

What's been happening due to the debt collapse is that they've doled out at least half a trillion already -- like the $50 billion loaned to Countrywide Financial. Eventually they will end up "forgiving" maybe $1 trillion, or even $2 trillion of debts that would otherwise have been losses for these companies. So that again makes a mockery of capitalism.

The whole System under Bush is like a perpetual bank robbery. They turn a blind eye to their own crimes, lies and corruption but come down very hard on everyone else -- like the poor, who are abused by everyone as being "less than" the mighty GOP leaders. We'd actually be better off with a street bum wino as president, at least that way the damage would be limited because the Senate wouldn't be timid about saying "No."

The thing that will bring all of this to an end is global market forces. It might take more years, but when it happens the shit will hit the fan... maybe hyperinflation, like Zimbabwe. Or nationalization of individuals' property to subsidize the corporations. Or maybe just benign neglect as the Feds renege on everything and stop enforcing their own laws after they lose their budget buying power. Hard to say, but a crisis of confidence in the US dollar and repayment of the national debt will stop all of this nonsense really fast. AND that is what I am betting will happen -- I mean, actually and literally placing the bets on that outcome.

Lee C.  unknownnews@inbox.com





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