Thursday, July 21, 2011

Government pulling in it's horns

It had to happen. The cookie jar is slowly being closed. The spend-and-pay later that Governments embarked on when the speculators bust the system in 2008 (and got their 100 cents on the dollar back) is slowly being withdrawn.

The US of course is the big kahuna of spend and don't tax , which has brought them near the abyss.

Well it looks like they may have a deal, but a nasty one, which ends up hitting the middle class while CUTTING, yes cutting taxes for the wealthy and the corporations.

Crazy I know, and under a Democratic President who has been called 'socialist' by his right-wing opponents (of course anyone who suggests free school milk for poor kids is a socialist to those Atilla-the-huns).