Saturday, April 9, 2011

The Budget Hoax: It's About Showering Wall Street with Tax Dollars

The ongoing debt crisis debate is largely a smokescreen for Wall Street and powerful corporations to achieve goals that are solely based on the reckless pursuit of profit. Privatization of Social Security, which is solidly funded for the next 30 years, has nothing to do with the public interest but rather with the profits Wall Street could reap on a market-based system. As we've seen in the past with recent stock market collapses, such privatization would be very dangerous for the American people. Meanwhile, with over 700 anti-labor bills introduced throughout the nation, the 'fiscal' crisis is being used by the GOP and their corporate benefactors to eviscerate labor rights and further reduce compensation for workers.
http://www.alternet.org/news/150535/the_budget_hoax:_it's_about_showering_wall_street_with_tax_dollars/?utm_

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