http://www.ianwelsh.net/what-the-debt-limit-crisis-should-have-taught-you/What the Debt Limit Crisis Should Have Taught You
2011 July 31
by Ian Welsh
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Where are you going to go? Both Dems and Republicans are onside with cutting Social Security and Medicare. They are only third rails if there is someone else to vote for.
The deals being offered will cause a second downleg of the Depression and a worse one We’re in a Depression. This is fact. Anyone who doesn’t call it that is gutless, stupid or uninformed. This will make it worse, not just for the US, but for the entire developed world.
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This is a representative plutocracy I believe Stirling Newberry, in the early 90s, pointed this out first. Politicians are paid by people other than you. You are the product. Think of this as the Facebook rule, if you aren’t paying for something, then you are the product. The rich pay politicians to rangle you. The amount of salary and public funding most Reps get is trivial compared to how much money they get from donors, even during their time in elected office, let alone after they leave. You are the product, not the customer, of DC politicians. They do not represent you, and you should not expect your interests to be looked after except as an afterthought. When the oligarchs all agree that something needs to be done (like cut entitlements), it will be done, no matter how unpopular it is.
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There is no war but class war Break the rich, or they will finish institutionalizing aristocracy. Period.
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