Sunday, July 31, 2011

Looks Like The Party Has Decided On A Plan

The Republicrats led by their fearful leader have come up with a plan that will meet the desires of Chairman Limbaugh and the Top 1%. It appears that the national debt will be paid off by the middle class and seniors, while the rich and large corporations will get more subsidies and tax breaks.

Thank God we will be able to make life better for the rich, it was touch and go there for a while when some of those progressive house "democrats" thought they should stand up for their constituents. The important thing is that the bond holders will be protected and you and I will have the satisfaction of knowing we will be able to assume the tax burden for the very wealthy.

Some people may still be grumbling that this all seems to be going to prop up investments by the Chinese.  Not so, a very large portion of our national debt is held by the top 1% of richest Americans. So, rest well knowing that a lot of the debt that was incurred by tax cuts for the wealthy will be financed by those same lucky individuals, and paid off by us and our kids.

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