On the revenue side it's the same story. The lamestream media refuses to mention that the 1%ers will lose far more of their gluttonous fortunes than anyone else [is the JFJ chanting in your neighborhood growing louder yet?]. Democracy is dead in the US and barely breathing anywhere else including Canada. The US is a fascist state totally controlled corporations and protected by the military. The whole house of cards is financed by borrowing huge sums of money everyday just like Germany did between the two world wars. One day, when all the US's assets have been mortgaged, the Chinese, just like Visa, will cut off the credit and the US will...
To puts things into perspective as to the present economic situation in the USA.
* U.S. Tax revenue: $ 2,170,000,000,000
* Fed budget: $ 3,820,000,000,000
* New debt: $ 1,650,000,000,000
* National debt: $ 14,271,000,000,000
* Recent budget cuts: $ 38,500,000,000
Let's now remove 8 zeros and pretend it's a household budget:
* Annual family income: $ 21,700
* Money the family spent: $ 38,200
* New debt on the credit card: $ 16,500
* Outstanding balance on the credit card: $ 142,710
* Total budget cuts so far: $ 38.50
Got it ?????
Many moons ago when i was a kid in the 50's many folks, including my parents and grandparents, used to ask: How could the 'good' Germans have let it - the bankruptcy, the building of such a war machine, the killing, the holocaust - happen? Now we know, people lose their freedom not with a bang but with barely a whimper. One day, if there's anybody left to ask, they'll ask the same question: How could the 'good' Americans have let it happen?
