Robert Reich's post below highlights how Wrong Headed Republican Fiscal Policy is.
Below is a breakdown of the US Budget feeding the Military-Industrial-Congressional Complex to build American Empire, feed the Military-Industrial-Congressional Complex and not keep Americans any safer.
Seven of Paul Ryan's Worst Ideas
31 October 15
ow that Paul Ryan is Speaker of the House, keep a wary eye out for Ryan’s 7 favorite ideas (they’re also cropping up among Republican presidential candidates):
- Reduce the top income-tax rate to 25 percent from 35 percent (a huge windfall to the rich at a time when the rich take home a larger share of total income that at any time since the 1920s).
- Cut corporate taxes to 25 percent from 35 percent (a giant sop to corporations, the largest of which are already socking away $1.2 trillion in foreign tax shelters).
- Make these cuts without adding the budget deficit by slashing spending on domestic programs like food stamps and education for poor districts (now, 18% of the nation's children are in poverty, and these cuts would only make things worse).
- Also by turning Medicaid and other federal programs for the poor into block grants to the states, and let the states decide how to allocate them (in other words, give Republican state legislatures and governors slush funds to do with as they wish).
- And turning Medicare into vouchers that don’t keep up with increases in healthcare costs (which would in effect cut Medicare for the elderly).
- Deal with rising Social Security costs by raising the retirement age for Social Security (making Social Security even more regressive, since the poor don't live nearly as long as the rich).
- Finally, don’t raise the minimum wage but let it continue to decline as inflation makes it irrelevant; instead, provide poor workers with a larger Earned Income Tax Credit (enlarging the EITC is a good idea, but we need a higher minimum as well).
Bottom line: Beware Paul Ryan.
What do you think?
US Empire, Your Tax Dollars and Why WIkileaks was important...
The US can't re-build crumbling roads and bridges, can't feed hungry children, can't house the homeless, yet this defines the Moral Bankruptcy of the US:
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The article below deserves a 'STAND ALONE.'
It doesn't begin to define the extent of EMPIRE BUILDING, the War Profiteers, the Military-Industrial-Congressional Complex, the Chicken Hawk NeoCons that will lead to the bankruptcy of the US, penalizes its citizens, kills and destroys people and nations.
Please read and give serious consideration to its contents.
This explains why the US War Against Whistle Blowers.
Anatomy of the U.S. Empire
And where is this empire?
Each working day, 71,000 people across 191 countries representing twenty-seven different US government agencies wake and make their way past flags, steel fences and armed guards into one of the 276 fortified buildings that comprise the 169 embassies and other missions of the US Department of State.
They are joined in their march by representatives and operatives from twenty-seven other US government departments and agencies, including the Central Intelligence Agency, the National Security Agency, the Federal Bureau of Investigation and the various branches of the US military.
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