Wednesday, December 19, 2012

Things you don't see on the TV news

Big Media dutifully transcribes every utterance made by the major actors on Capitol Hill in the fiscal bluff kabuki. But they never seem to get around to reporting the obvious motivations of the Big Money players in this drama.
According to The Public Accountability Initiative, the group Fix The Debt - which advocates for Medicare, Medicaid and Social Security cuts while pushing corporate tax reform - has 38 leaders with “ties to 43 companies with defense contracts totaling $42.3 billion in 2012.”
We have the most bloated defense budget in the entire world, but they'll move heaven and earth to protect that spending problem. On this sinking ship, it's women, children, the poors and the olds first -- to be thrown overboard.

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