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Sunday, September 05, 2010

Tea Party: Kill Social Security, Mediaid - Economic Solution>?

You think the job situation is bad because of the illegals in this country? Think again. We did this one to ourselves. More precisely, DC did this to us when it let Wall Street run wild with phony credit default swaps from 2000 to 2008 while a GOP-controlled Congress borrowed and spent like drunken sailors.

Not one illegal was responsible for Wall Street's greed selling phony instruments to banks worldwide and nearly tanking the global economy. Not one illegal cast a vote in Congress DOUBLING OUR NATIONAL DEBT IN 8 SHORT YEARS from 2000 to 2008--a debt that had taken over 200 years to build to that point!

Most of the illegals were bent over doing jobs Americans won't do anyway - like picking food in the field or working in Iowa meat plants and chicken farms.

Things have changed though. The Bush administration refused to penalize the employers so that did get jobs away from people willing to work. The Obama administration has been more aggressive on cheating employers who hire illegals instead of U.S. citizens.

Wall Street's hedge fund managers and borrow and spend by Bush/GOP really put us in a deep hole that will take YEARS to get the jobs back. Many are gone forever.

They allowed U.S. companies to stay here but "move" their headquarters offshore so they could duck paying their fair share of taxes. That increased our deficit. They gave the top 5% the lion's share of tax cuts, paid for with borrowed money, which the rest of us -- you, your kids and great-grandkids -- will have to pay for. That increased the deficit. (the Pentagon budget so that it is greater than the next 20 countries defense budgets put together—we could save hundreds of billions and still have a budget greater than the next ten countries put together).

How are we going to fix our mess and cut the deficit if we don't close these unfair tax loopholes for the privileged and many others like it? Ordinary citizens don't get this kind of preferential treatment.

And let's face the truth -- a lot of individual Americans were doing the same thing with their home equity borrowing in the 2000's. The whole thing was unsustainable. Finally the credit card maxes out and the party goes bust.

I found out when I was laid off years ago that I had to create my own job, and take a low pay filler to get cash flow even though I had a law degree. However, as a result, I now own a thriving "green" company that is part of the new economy. I’m making more money than I have in my life, with my own company that sells a product that pays for itself multiple times over. It’s the type of clean new industries we need to produce new jobs.
Tea Party candidates are suggesting the solution to our problems is to get rid of social security and medicaid. They blame the illegals for our economic troubles.

Don't blame the illegals for our economic troubles. They didn't create this mess. They came here to fill the job void during the good times. It was our own idiots in DC that let Wall Street run wild and spent borrowed money like drunken sailors from 2000 to the time the party crashed in late 2008 that got us into this black hole. It wasn’t them and it wasn’t President Obama. He got a wrecked ship full of $5 trillion in new IOU’s when he arrived the first day on the job. It will take years to fix the damage.

What is so ironic is that the crew that wrecked this ship up on the reef are now the ones claiming to be able to "fix" it - by voting against Wall Street reform and going back to tax cuts for the wealthy that makes our economy more and more like Mexico's - a pyramid with a few at the top getting all the breaks with most of the people with nothing at the bottom.

Watch for the truth. When the "tea party" people like Sharon Angle call for abolishing social security and Medicaid (which millions of people like my mother depend on), then exactly who are they representing? Not the ordinary, legal American.

The problem today is not the illegals, so much as it is the "legal" citizens who are returning us to the failed economic policies of the 2000's, and worse.

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