Wednesday, April 27, 2011

The People's Budget

The main Politcal battle right now in this nation is not what it should be.

If it was about the corrupt system on Wall Street that created a collapse and are now profiting off it without accountability, it would have been sufficient. (in honor of last weeks passover)

If it was about the future of our Nuclear Power Plant system around the country that is aging, and that has never created a way to safely dispose of the waste, and could lead to a disaster like we are seeing in Japan if not audited, it would have been sufficient

If it was about how millions of Americans are being illegally foreclosed on by a corrupt mortgage industry, it would have been sufficient

If it was about how we have a huge amount of unemployed workers fueling the cycle of decreasing demand which further fuels layoffs, it would have been sufficient

If it was about how we are involved in 3 wars right now costing us too many lives and too much money that we dont have,  it would have been sufficient

If it wasabout how a 2010 Supreme Court decision now allows corporate american to spend unlimited amounts of undocumented money on political campaigns, but it isn't, it would have been sufficient

If it was about how corporate america has virtually taken control of our government by sponsoring elections with cold hard cash, by lobbying for laws to be passed in their favor, by lobbying for less regulation, by getting their own in top position of government regulation, and by giving million dollar jobs out to regulators and congressman once they leave the halls of government, but it isn't, it would have been sufficient

But none of these items are on top of the political agenda, instead its the budget. How much we spend.
Paul Ryan the Republican Congressman struck first with his idea of how to spend less money. He want to give out tax cuts to the rich, end medicare by having seniors go to private insurance ( we hope private insurance will take them), and cut all kinds of federal programs, that feed, educate, and cloth the poorest and weakest amongst us, which is exactly what Jesus would have done.
The President is willing to negotiate but refuses to end medicare.
But the third way that is not being discussed is the People Budget created by the largest coalition in the House, the Progressive caucus. And remember in 2010 when the Democrats lost many House seats, most were from the Blue dog (corporate sponsored) coaliton, and very very few from the Progressive Caucus.
The People Budget is the most rational thing to come out of Washington in years.
The plan calls for
-invests 1.4 trillion in education, and job creation
-ends bush tax cut
-increases taxes on millionaires to 49%,
-tax capital gains as income instead of less than income
-close corporate tax loopholes,
-end big oil subsidies
-start taxing the derivative market
-public option for health insurance, forcing competition
-every one pays into social security not just the first 100k of income
-nothing happens to medicare and medicaid
Resulting in a a surplus by 2021.
The only problem with this besides it making perfect sense, is that it will take money out of the pocket of those that run this country.

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