Posts Tagged ‘austerity’

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This is a war on you, and you better wake up soon.

Behind Trump’s plan to target the federal safety net

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The sign of things to come…
Hedge funds tell Puerto Rico: lay off teachers and close schools to pay us back

Report commissioned by 34 hedge funds says government had been ‘massively overspending on education’ despite spending only 79% of US average per pupil

Supporters of Alexis Tsipras, leader of Greece's Syriza left-wing main opposition party attend his pre-election speech at Omonia Square in Athens Thursday, Jan. 22, 2015. Prime Minister Antonis Samaras' New Democracy party has failed so far to overcome a gap in opinion polls with the anti-bailout Syriza party ahead of the Jan. 25 general election. (AP Photo/Lefteris Pitarakis)

Supporters of Alexis Tsipras, leader of Greece’s Syriza left-wing main opposition party attend his pre-election speech at Omonia Square in Athens Thursday, Jan. 22, 2015. Prime Minister Antonis Samaras’ New Democracy party has failed so far to overcome a gap in opinion polls with the anti-bailout Syriza party ahead of the Jan. 25 general election. (AP Photo/Lefteris Pitarakis)

ireland.si

Irish protesters called on their official lie broadcaster to tell the truth. There’s a public with some self-respect. The banksters are now stealing everything not nailed down, like their water.

‘Tell the truth!’ Protesters rally in Ireland against ‘biased’ national broadcaster

IMF Greece Financial Crisis

Scrapping the US “Social Safety Net”

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“I am willing to make tough choices that may not be popular within my own party, because there can be no sacred cows for either party,” Obama wrote in a letter to Congress included in the budget, referring to the move’s repudiation of the Democrats’ traditional association with the programs of the Great Society and New Deal.

The budget proposes to slash $400 billion from Medicare spending over ten years, and would introduce a new measure of the cost of living that would mean an effective cut of $130 billion from Social Security benefits during the same period.

Cuts to these programs are overwhelmingly unpopular, with a Pew Research poll finding earlier this year that 87 percent of the population is opposed to cuts in Social Security, while 82 percent oppose cuts in Medicare.

Obama’s Social Security Cuts  and 7 Chilling Facts About Retirement in America

Obama’s plan would be economically irresponsible, socially disruptive and morally repugnant.We are headed for a catastrophic retirement train wreck.

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If you haven’t responded to this assault on your own retirement lifeline — question is why the hell not?

Are you dogs?

You like the taste of dog food?