Friday, February 17, 2006

(Not) In Other News....

George W. Bush, from a campaign speech delivered October 2, 2004 in Cuyahoga Falls, OH:

Senator Kerry's approach to foreign policy would give foreign governments veto power over national security decisions.

But, that's exactly what Bush was already doing and continues to do, with his fiscal policies.

Thanks to tax cuts for the wealthy, elimination of the surplus, runaway deficit spending and job losses in the working class, foreign interests hold the lien to America.

Our lienholders include (but are not by any means limited to) Japan, China and OPEC. Yes, OPEC. That they hold the existing liens cedes a great amount of power over both our domestic and our foreign policies to these outside powers -- that we continue to seek additional loans from these powers makes us beholden to them.

If you watched the news, yesterday, you probably know that Cheney shot a guy in the face and that Entwistle returned from England to face charges of murdering his wife and infant daughter.

BUT... if you watched C-span, yesterday afternoon, you learned that in the 2007 budget, we will pay more interest on the national debt, most of which will go to foreign banks, not back into the American economy, than we'll be spending on homeland security, education and our veterans, combined -- and not just a little more, a LOT more. Further, we will NOT be paying down the principal on the existing debt.

Had you watched this presentation, you would also have learned that, if we did not have to allocate such a huge portion of our budget to paying the interest on these debts, the same money could instead provide approximately one million dollars per day to each and every Congressional district in the United States, for the entire year.

American children, seniors and veterens are among those who will be affected by deep domestic spending cuts in our 2007 budget -- because we must, instead, send our tax dollars to Japan, China, OPEC, etc.

...And next year, the interest payments that will have to be allocated for in the 2008 budget will only be higher and the percentage of the budget that will be available to allocate for American interests will only be lower, because we are going to continue to borrow even more from foreign interests.

Meanwhile, the wealthiest Americans, those who do the least amount of work to earn their incomes, will be getting yet another tax cut, placing an even greater portion of this debt squarely on the shoulders of the working class -- who already have little or no remaining disposable income thanks to rising costs for basic necessities such as fuel, utilities, food, health care, home/car/health insurance, etc.

THIS is what you should be hearing about on the news. THIS is what's really important. THIS isn't funny.

1 comment:

Silver Streak said...

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