Two reports have come out in the past two weeks that criticize the philosophy that governments have to tighten their belts at the same time that families are tightening their belts. Belt tightening usually means that the wearer has lost weight. In this case the lost weight is because of starvation.
The first report was commissioned by Colorado’s legislature to analyze the future of Colorado. The report is shocking. Within 12 years the only thing Colorado will be able to pay for are the three major programs: K-12, Healthcare, and Prisons. Within 13 years even those programs will need massive cuts. Lawmakers are cautioned that there is no way to tighten Colorado’s belt enough to save any program other than the big three. Good luck if you want to sue somebody; there won’t be a court. Good luck if you want to send your kids to college; there won’t be a public system of higher education in Colorado. Good luck if you are injured in a motorcycle accident and can’t get out of your wheel chair; there won’t be any public assistance for you. Grover Norquist won, and he didn’t even need to drown government in a bathtub. TABOR is killing Colorado.
The second report was issued by a UN think tank, UNCTAD. Post-crisis Policy Changes in the World Economy blasts the austerity focus of governments worldwide. It blames the slow recovery on the lack of demand for goods and services all over the world. Its opening paragraph says, “… in most developed economies private demand is subdued due to stagnating wages and little improvement in employment. The recent shift towards fiscal and monetary tightening represents a major risk for the global economy.”
The UNCTAD report demands that financial reform include a separation of investment banking and commercial banking as insurance against the excesses of the financial industry that caused the mortgage crash with which we are still suffering. It almost feels like I’m beating a dead horse, but I’ve been saying for a very long time that the US financial system needs more, not less regulation. Yet even the “grass roots” Tea Party is against any financial regulation. Maybe because the “grass roots” were fertilized with a load of crap from the Koch Brothers, who recently hosted a conference in Vail, where billionaire Charles Koch called the 2012 elections the mother of all wars.
This is the mother of all wars. The elite of the world have declared war on workers. It is time for workers to unite and fight back. There are way more of us than there are of them, even if about 20% of us have been brainwashed into swallowing the kool-aide offered by the Koch Brothers, Americans for Prosperity (What a joke), and ALEC. Stop voting against yourselves. In the words of James Hoffa, “Let’s take these son of bitches out.”
Homework
University of Denver Report on Colorado's Economic Future
UN Report on the World's Economic Future
Mother Jones Story About Vail Conference
Tea Party's Hissy Fit over James Hoffa's Comments
The first report was commissioned by Colorado’s legislature to analyze the future of Colorado. The report is shocking. Within 12 years the only thing Colorado will be able to pay for are the three major programs: K-12, Healthcare, and Prisons. Within 13 years even those programs will need massive cuts. Lawmakers are cautioned that there is no way to tighten Colorado’s belt enough to save any program other than the big three. Good luck if you want to sue somebody; there won’t be a court. Good luck if you want to send your kids to college; there won’t be a public system of higher education in Colorado. Good luck if you are injured in a motorcycle accident and can’t get out of your wheel chair; there won’t be any public assistance for you. Grover Norquist won, and he didn’t even need to drown government in a bathtub. TABOR is killing Colorado.
The second report was issued by a UN think tank, UNCTAD. Post-crisis Policy Changes in the World Economy blasts the austerity focus of governments worldwide. It blames the slow recovery on the lack of demand for goods and services all over the world. Its opening paragraph says, “… in most developed economies private demand is subdued due to stagnating wages and little improvement in employment. The recent shift towards fiscal and monetary tightening represents a major risk for the global economy.”
The UNCTAD report demands that financial reform include a separation of investment banking and commercial banking as insurance against the excesses of the financial industry that caused the mortgage crash with which we are still suffering. It almost feels like I’m beating a dead horse, but I’ve been saying for a very long time that the US financial system needs more, not less regulation. Yet even the “grass roots” Tea Party is against any financial regulation. Maybe because the “grass roots” were fertilized with a load of crap from the Koch Brothers, who recently hosted a conference in Vail, where billionaire Charles Koch called the 2012 elections the mother of all wars.
This is the mother of all wars. The elite of the world have declared war on workers. It is time for workers to unite and fight back. There are way more of us than there are of them, even if about 20% of us have been brainwashed into swallowing the kool-aide offered by the Koch Brothers, Americans for Prosperity (What a joke), and ALEC. Stop voting against yourselves. In the words of James Hoffa, “Let’s take these son of bitches out.”
Homework
University of Denver Report on Colorado's Economic Future
UN Report on the World's Economic Future
Mother Jones Story About Vail Conference
Tea Party's Hissy Fit over James Hoffa's Comments
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