- “Life Among the Nobililty: The Swing” by Gregonard…
Well, Barrie Antoinette–excuse me, President Barry Obama, delivered his proposal for a budget and yes, indeed-y, there was the much hated-by-the-constituency-but-loved-by-Wall-Street “chained CPI”. According to one writer, Barry has called the Republican bluff–they have said they will brook no tax increases unless something is done about “entitlements”–you know, the money you’re entitled to because, well, you GAVE it to the Fed to invest throughout your working career! Well, the Prez has proposed chained CPI–the cost of living mal-adjustment that assumes that if you can’t afford steak, you’ll buy chicken and everything is still jake. Or if you can’t afford Chicken of the Sea, you’ll buy canned skipjack mackerel. And if you can’t afford canned mackerel, you’ll just go to Friskies.
The theory is that the Republicans will be so scared of losing their seats that they will do anything to avoid agreeing to this proposal. Except for one thing–who’s REALLY gonna get the blame for this? Why, the guy who proposed it, of course. President Obama. You know, the guy who DOESN’T HAVE TO RUN FOR ELECTION AGAIN?
Why all this “save Social Security” nonsense when it is solvent for the next 30 years? Why all this “entitlement reform” bullshit when Social Security has nothing to do with the budget? For that, we have to go back eight years (and actually more) to when President BUSH proposed “privatizing Social Security.” That’s right, this one has a long history–and the reason for privatizing SS was? So the money boys, the banks, the oligarchy, the plutocracy, could get their hands on that money and drain it from our senior citizens faster than any drug addict by stealing your Grandma’s Social Security check.
But wait–how does the chained CPI do THAT? Remember back then–the seniors, the AARP, everybody and their brother decided that the cost-of-living adjustment (COLA) was good enough to keep them going so please do not do us the favor of letting us make bad investments, please. So the money boys–whom Barack Obama is as beholden to as any Republican, any blue dog Democrat, hell, almost every “progressive” Democrat as well–said to themselves, “If the COLA is good enough, then let’s screw the COLA. Then they’ll be clamoring to let us invest the money for them.”
And that, kiddies, is how the sky turned blue. So remember, when Grandma, when Ma and Pa, when YOU start having to eat catfood, it wasn’t just Congress, it wasn’t just Obama…
It was the banks, too big to fail, too big to jail, who wanted your money.
“Allons enfants de la Patrie, le jour de gloire est arrivé!”