The dollar is teetering with deficits perhaps reaching
$2.5-4 trillion this next year, depending on the level of reimbursement of the
$8-9 trillion of unknown Fed guarantees), and a run on the dollar would cause
another devastating worldwide crisis. Despite the puffery and hypocrisy of
right-wing concerns about deficits (which all their actions would increase),
they are not wrong.
This bill is better than what we have (a
half a loaf
is better than nothing), but is so corrupted,
so inadequate, so stupid that maybe it should
be defeated. 60 Reps have threatened
to reject any plan without a public option. It vastly
enriches and enshrines the unlimited power
of the corporate parasites that have jacked
health prices up to the moon, and that power
will then never be broken. With the obscene
unlimited secret Wall St bail-outs to the
crooked speculators and with this health
care "reform , the US Government has decided
it works for the corporations more than the
people, and that we all are dispensable subsidiaries
of a sort. Teddy Roosevelt reestablished
government control over rampaging monopolies-
Obama has acknowledged their dominance over
government. "How about the Insurance Companies?
bleated some shill at a town hall. How about
the people? If this happens with a big Democratic
majority and President" when we ever fix
it and reduce the unlimited power of the
banking, insurance, and medical trusts?
Michael Hammerschlag (Hammernews.com) toured Europe +
Africa for a year after a year in Moscow, and is now based in Kiev. His
articles have appeared in the New York Times, International Herald
Tribune, Seattle Times, Providence Journal, Columbia Journalism Review,
Honolulu Advertiser, Capital Times, Media Channel, Scoop; and Moscow News,
Tribune, Guardian, and Times.
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