Counter Balancing the Budget

Paul Ryan’s budget proposal “Path to Prosperity” is being hailed as courageous, which is an understatement, because it takes a strong man to balance a lop sided budget on the backs of the old, the sick, the poor and the jobless.

The budget has been designed to benefit the defense corporations and banks over the people. Former Wyoming Senator Alan Simpson said, ”You need to get rid of the 250,000 contractors in the Defense Department where you can really pick up some small change…We have a defense budget now which is larger than all 14 countries. That ought to get you somewhere.” Blackwater Security makes 94 percent of its profit from the federal government, according to the book Pinstripe Patronage.

William Greider writes in the Nation magazine Treasury Secretary Tim Geithner didn’t help struggling homeowners modify their mortgages but instead gave hundreds of billions to big banks “with no strings attached”.

The reasoning behind not helping millions of Americans facing foreclosure is that the Treasury didn’t want to create moral hazard amongst the citizens by letting them think they can get something for nothing like the mega banks did.

The Republicans are concerned with lulling citizens into complacency and laziness with the humane safety net this country provides to the terminally ill, severely disabled and the jobless.

It should be clear why the budget is lop sided and laced with huge deficit deceit. But yet it isn’t, because the corporations and their minions have convinced many that they are an example of the best free market capitalism has to offer, except they didn’t get to where they are due to hard work and effort rewarded by free market capitalism; they got to where they are because they bought control of our nation’s economy and the federal budget and were allowed by our elected officials to change the rules enabling them to funnel our nation‘s wealth into the hands of the few, while creating huge deficits for the rest of us.

From the Nation magazine: “The House voted to repeal healthcare reform after taking millions of dollars in campaign contributions from medical and insurance interests. Tea Party favorite Jim DeMint, along with eighteen other colleagues, introduced a Senate bill to repeal the tepid financial reform bill passed last year. Collectively, the senators backing repeal of those reforms have taken nearly $50 million in campaign contributions from the very Wall Street interests who were going to be affected by the law, according to data from the Center for Responsive Politics.”

No wonder their budget concern is the laziness and immorality of the common people and not the abusive crookedness of our politicians and how spending really works in Washington.