Thursday, October 29, 2009

Are You Ready to Fund a VAT As Well As the AfPakIraq/Financial Disasters? US Now Among "Failed States"

If you think a full-scale VAT (Value Added Tax) on everything you buy or use isn't coming (in order to fund the past disasters we've been the unlucky heirs to), then, once again, you haven't been paying attention ("Pelosi Says New Tax Is 'On The Table'").

Pelosi, appearing on PBS's "The Charlie Rose Show" asserted that "it's fair to look at" the VAT as part of an overhaul of the nation's tax code.

. . . Pelosi argued that the VAT would level the playing field between U.S. and foreign manufacturers, the latter of which do not have pension and healthcare costs included in the price of their goods because their government provide those services, financed by similar taxes.

And you gotta go with this being the right's wet dream come true - with the backing of the leftist/communist/fascist/black's "fairly elected" presidency. According to the powers-that-be, this, of course, "would not result in an increase in taxes on middle-class Americans." (In light of the revealed scandals about how their spouses are all contract-rich from these disasters, are they now running for national comedian?)

Professor Paul Craig Roberts says that the US has joined the Ranks of Failed States and asks "how can the US afford bankrupting wars, much less totally pointless wars that serve no American interest?" (Maybe no public interest, Professor?) You'll never see any logic like this emanating from the MSM. (Emphasis marks added - Ed.)

The US has every characteristic of a failed state. The US government’s current operating budget is dependent on foreign financing and money creation. Too politically weak to be able to advance its interests through diplomacy, the US relies on terrorism and military aggression.

Costs are out of control, and priorities are skewed in the interest of rich organized interest groups at the expense of the vast majority of citizens. For example, war at all cost, which enriches the armaments industry, the officer corps and the financial firms that handle the war’s financing, takes precedence over the needs of American citizens. There is no money to provide the uninsured with health care, but Pentagon officials have told the Defense Appropriations Subcommittee in the House that every gallon of gasoline delivered to US troops in Afghanistan costs American taxpayers $400.“

It is a number that we were not aware of and it is worrisome,” said Rep. John Murtha, chairman of the subcommittee. According to reports, the US Marines in Afghanistan use 800,000 gallons of gasoline per day. At $400 per gallon, that comes to a $320,000,000 daily fuel bill for the Marines alone. Only a country totally out of control would squander resources in this way.

While the US government squanders $400 per gallon of gasoline in order to kill women and children in Afghanistan, many millions of Americans have lost their jobs and their homes and are experiencing the kind of misery that is the daily life of poor third world peoples. Americans are living in their cars and in public parks. America’s cities, towns, and states are suffering from the costs of economic dislocations and the reduction in tax revenues from the economy’s decline.

Yet, Obama has sent more troops to Afghanistan, a country half way around the world that is not a threat to America. It costs $750,000 per year for each soldier we have in Afghanistan. The soldiers, who are at risk of life and limb, are paid a pittance, but all of the privatized services to the military are rolling in excess profits.

One of the great frauds perpetuated on the American people was the privatization of services that the US military traditionally performed for itself. “Our” elected leaders could not resist any opportunity to create at taxpayers’ expense private wealth that could be recycled to politicians in campaign contributions.

Republicans and Democrats on the take from the private insurance companies maintain that the US cannot afford to provide Americans with health care and that cuts must be made even in Social Security and Medicare. So how can the US afford bankrupting wars, much less totally pointless wars that serve no American interest?

The enormous scale of foreign borrowing and money creation necessary to finance Washington’s wars are sending the dollar to historic lows. The dollar has even experienced large declines relative to currencies of third world countries such as Botswana and Brazil. The decline in the dollar’s value reduces the purchasing power of Americans’ already declining incomes.

Despite the lowest level of housing starts in 64 years, the US housing market is flooded with unsold homes, and financial institutions have a huge and rising inventory of foreclosed homes not yet on the market.

Industrial production has collapsed to the level of 1999, wiping out a decade of growth in industrial output. The enormous bank reserves created by the Federal Reserve are not finding their way into the economy. Instead, the banks are hoarding the reserves as insurance against the fraudulent derivatives that they purchased from the gangster Wall Street investment banks.

The regulatory agencies have been corrupted by private interests. Frontline reports that Alan Greenspan, Robert Rubin, and Larry Summers blocked Brooksley Born, the head of the Commodity Futures Trading Commission from regulating derivatives.

President Obama rewarded Larry Summers for his idiocy by appointing him Director of the National Economic Council. What this means is that profits for Wall Street will continue to be leeched from the diminishing blood supply of the American economy.

An unmistakable sign of third world despotism is a police force that sees the pubic as the enemy. Thanks to the federal government, our local police forces are now militarized and imbued with hostile attitudes toward the public. SWAT teams have proliferated, and even small towns now have police forces with the firepower of US Special Forces. Summons are increasingly delivered by SWAT teams that tyrannize citizens with broken down doors, a $400 or $500 repair born by the tyrannized resident. Recently a mayor and his family were the recipients of incompetence by the town’s local SWAT team, which mistakenly wrecked the mayor’s home, terrorized his family, and killed the family’s two friendly Labrador dogs.

If a town’s mayor can be treated in this way, what do you think is the fate of the poor white or black? Or the idealistic student who protests his government’s inhumanity?

In any failed state, the greatest threat to the population comes from the government and the police. That is certainly the situation today in the USA. Americans have no greater enemy than their own government. Washington is controlled by interest groups that enrich themselves at the expense of the American people.

The one percent that comprise the superrich are laughing as they say, “let them eat cake.”

Suzan _______________________

2 comments:

darkblack said...

'...this, of course, "would not result in an increase in taxes on middle-class Americans."'

They do love to maintain their fictions, don't they? It works hand-in-hand with assuaging those 'groundless reasons for concern' that the people's lying eyes keep seeing, I suppose.

;>)

Cirze said...

Oh yeah.

Whom are we gonna believe?

Them (the almighty, magnificent, treasured Them) or our lying eyes?

I'm with my eyes on almost all political issues today, and you notice how this works for the new "health care reform" bill too.

Thanks for your comment.

I love your blog!

S

It works hand-in-hand with assuaging those 'groundless reasons for concern'
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