This is the kind of story that makes you wish you never dragged yourself out of your comfy bed in the morning.
Although mostly unreported by the media, far-right Rep. Paul Ryan (R-Wisconsin) introduced a truly putrid bill in January called the Paul Ryan Is An Idiot Act. Just joking. Actually he called it the Roadmap for America's Future Act.
This Republican bill is still pending, and it's a stinker. It would abolish Medicare, Medicaid, and S-CHIP. Medicare and Medicaid would be replaced by what would in effect be bailouts for medical corporations. And it would privatize most of Social Security.
Meanwhile, the bill would also slash income taxes for the very rich and abolish the capital gains tax and corporate taxes. The legislation would pay for this by raising income taxes on poor and middle-class families. It's welfare for the rich.
Paul Ryan (who of course supported the bank bailouts) touted his bill before the fascist American Enterprise Institute. Indeedity-doodledy, the AEI seems to have actually written the bill.
If there wasn't enough solid proof that the Republicans are intentionally trying to destroy the country, this legislation should put all doubts to rest. Congressional Republicans are enemies of America. If this becomes law, we might as well just give up on America and rove uncontrolled.
(Source: http://www.truth-out.org/rep-paul-ryan-turns-american-enterprise-institute-build-support-his-roadmap61710)
Wednesday, July 28, 2010
GOP bill would abolish Medicare
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In a mixed economy such as ours, there are elements of capitalism and socialism. Both of these 'isms can play a crucial part of our overall economy or present a detriment to it.
ReplyDeleteThe free market is necessary for this country's greatness while social regulation of "some" portions of our economy are also absolutely necessary to maintain protection for the people.
Why am opining about our economy here? Well... it seems to me that there is a fight in the US between social interests and corporate interests. Only corporations are wealthier and have better propoganda.
So, I would conclude that the problem we are faced with is basically the difference between having ethical, strong businesses with healthy profit margins versus unregulated corporate greed.
That's not to say that the government is incapable of misuse or misallocation of funds (taxes) or above fooling the people into voting for things that are not good for the people. But at least we can vote or not vote for politicians....we can't vote out a company like Duke energy,(who refuses to pay 20 million dollars in property taxes locally, depleting our school systems) for instance.
GREED. That is the problem I have with our economy and our political system. The private sector is awesome when it is kept fair...and there will never be a country or business or people that can keep themselves fair throughout time.
The founders of this country knew a lot about this but they could never foresee the technology and complications of the present.
We need to strengthen Federal regulation agencies while creating more regulation to keep the free markets fair, strong and free of pied pipers and cults. Life is difficult enough without a scam around every corner.
Keep posting Tim. We're reading!
This post is so hilariously bad, The screwups to sentence ratio is approaching 2.
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