Tuesday, February 19, 2013

Obama Sequester Speech: Republicans Are Putting Economy At Risk To Help The Wealthy


Let's be clear why Earned Benefits programs are in the cross-hairs in economic talks. The Private Sector requires the mandated payroll cash flow to keep otherwise moribund business and markets buoyant.



Another reason? Wall Street knows it has massive crashes in its future. If it can tie the Social Safety Net to itself, it knows that whenever a crisis hits the US Government would be obligated to come to its rescue lest the bottom fall out of American Society,



I am a firm believer that "Free Market" means free to fail and go bankrupt as well ... even for the wealthy and global corporations. I think putting training wheels on an irresponsible private sector, by ceding the Social Safety Net to it, is not in the interest of the American People.



As we have learned, all to well, since the Administration of President Reagan in the 1980's ... The Private Sector is not a solution to our problem, the Private Sector IS the problem.
Read the Article at HuffingtonPost

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