Friday, February 18, 2011

The 'next layer' of fiscal stability for the Middle Class is being taken from them without taxes to the wealthiest Americans.

Since the year 2000, I have witnessed the 'fiscal coffers' of the USA Treasury and the Middle Class siphoned off to faciliate wealth for the Upper Class.  They have 'tapped' into 'the nation's fiscal reserves' to benefit themselves.

In 2000, we received a President placed in office by three people on the Supreme Court.  I know that is a 'turn off' to many people to even begin to think about it as a significant occurrence in the history of the USA, but, when one looks at what occurred afterward it raises all kinds of objections to 'Court Ordered Executive Branches.'

The first act of the Bush / Cheney Administration was to assault the energy sector for deregulation and drain the USA BUDGET SURPLUS.

That was the beginning of 'draining the reserves' of the government and the people to benefit the wealthy.

What followed was war due to ignored intelligence and PR campaigns to bring about a resolve to invade Iraq, even though UN Inspectors were finding little to nothing in the way of WMD under Saddam.

With war as a means to scoffing up monies from the USA treasuries, the Wall Street profiteers were well underway and the Investment Banks were turned loose to 'play in international markets' as if they SHOULD BE allowed to.

That is all history, but, it leads up to an ever more interesting reality today.

During the Bush/Cheney years the USA was not only at war, but, running record high DEFICITS that was leading to an every growing USA Debt.  While justifying such measures, 'as a nation at war,' the legislative agenda of the Republicans from 2000 to 2006 resulted in nothing short of a government funded economy where every bill was a jobs bill.  In fact, the USA has not have a 'free standing economy' for some time now.  That reality was faciliated by mergers, bankrupcies and corporate reorganizations funded by 'government reserves' to the point where those reserves were drained dry.

The largest fiscal assault and what most average citizens recognize as an assault against the people of the USA came in 2008 when the Investment Bank bailout and the insolvency of AIG took over the focus of global economies.  The USA had been completed depleted of its fiscal reserves and was not funding private institutions to support an imploding economic status that would completely destroy global stability and financial markets.

All during these years, the fiscal reserves of nations were not only under assault but laced with corruption no different and in many ways similar to what is being witnessed on the House floor with the Republicans.  The private sector was out of control and corruption became 'the means' of making money. 

Today, in Wisconsin, under the extremist Republican Governor, is the next wave of assault against fiscal reserves left in 'personal holdings' of the Middle Class.

The wealthy are UNTOUCHED, even today, by the financial collapse of 2008 under the 'ruse' of creating jobs.

If I may, what I heard yesterday in testimony by a couple in Wisconsin, both teachers PROVES my statements.

A Middle Class couple whom teaches in the Wisconsin school systems stated, they knew they would have to pay higher costs to their health care and pensions, but, they could not in good conscience allow their collective bargaining rights be destroyed for hopes of 'a better day' in Wisconsin, which seems to be promised to them by an encouraging economic picture under President Obama.

What they stated they would have to do to personally maintain a 'stable' fiscal picture was to concenttrate their remaining income to paying their mortgage, but, was uncertain as to how they would then structure their personal budgets to pay bills and still have some disposable income if at all possible.

THAT, 'IS' destroying 'the next layer' of 'fiscal reserves' in the USA.

The obvious government layer is already gone and stretched to breaking.  The next layer was destroyed during the Bush / Cheney years, the next layer occurred when 2008 rolled in and Hank Paulson pulled off the greatest deception of all time and NOW today, the next layer of 'fiscal reserve' in the USA is being exploited that 'in the personal value' of citizens in the Middle Class.

Sacrifice is something Americans are good at, especially when the sovereignty of their State and Country are in the balance.  But, sacrifice by the Middle Class is becoming not only detrimental to the country's economy in their 'buying power' but a national security issue.

The destructuve paths of the Extremist Governors now in seat in New Jersey, Wisconsin, Ohio, Michigan and Florida (Some with known corrupt and criminal pasts.) will lead the country into further personal bankruptcies and foreclosures taking more and more of the personal fiscal reserves to the country from the citizens and placing it the hands of the wealthy and Wall Street.

The current extremist agenda of these Governors are huge follies to the USA and the sincere answer to balancing any budget and paying down the debt at all levels of government lies in taking the wealthy. 

Those are the facts.  It is not myth, it is not fiction.  If these Governors can't modify their attack on the Middle Class then their elections need go be recalled and unfortunately the only organized entities in the country capable of doing that are the unions and their organizing efforts through their memberships.

If the Middle Class continues to be contracted in their buying power and stability, the fiscal well being of the county and its sovereignty begins to wane.