Tuesday, October 15, 2013

Sources of Government Debt: Corporations Pushing Off Costs of Doing Business On the Taxpayers: Not Something the Tea Party Talks About

If the Tea Party were sincere about cutting government costs, they would start looking at the wage practices of American corporations.

As reported by Reuters, workers in the U.S. fast-food industry are paid such low wages that these are under a basic subsistence level, forcing those same workers to rely on public assistance, paid for by the taxpayer.

This will just be the tip of the iceberg of the inequality of wealth and income in America, a steadily worsening inequality which is one of the primary causes of government expenditures and consequent government debt.

Of course, these are NOT the things that the Tea Party is talking about, because some of the same people who finance them and vote for them may well be those who run those same companies.

See Majority of U.S. fast-food workers need public assistance.

How Do Americans Explain Government Shutdown to People Overseas?

How do Americans overseas explain the shutdown of the federal government in the USA to people from other nations, especially countries where American democracy used to be viewed as a model system and is now seen as a disgrace?

Here is a piece at DW.de titled Political idiocy caused US shutdown.

Thanks to Government Shutdown and Debt Ceiling Chaos, China Calls for a de-Americanized World

While America is in the grasp of extremist extortionists who have conspired to force a government shutdown, defund affordable health care and to put the nation's debt into doubt, the latter being expressly forbidden by the U.S. Constitution...

at the same time.... as a logical reaction to the American political chaos --

China's State Press Calls for 'Building a de-Americanized World'.

Small-minded political puppets in the House of Representatives from what some might call "non-essential" gerrymandered fundamentalist Congressional districts in America are having their day in Washington D.C., making the United States the laughing stock of the world.

It is a world, however, that is not amused at the adolescent circus they see in the USA.

Indeed, perhaps what we are witnessing in Washington D.C. is nothing less than the beginning of the demise of the American system of government, a democracy as it has been known for over 200 years, but which is being subverted and turned into a minority tyranny by thugs -- Republican Tea Party extremists who employ terrorist, extortionist tactics to usurp political power at any cost.

The Two Sides of Facebook Privacy: Minyanville Wall Street

Vincent Trivett has the story at Minyanville Wall Street, and says "goodbye to keeping your name invisible to gawkers".

Read the article at
Mark Zuckerberg Buys His Privacy For $30 Million While Yours Disappears.

What Major Western Country Defaulted Last? And Where Did It Lead?

The Republican Tea Party finds itself in strange company as its most extreme members have been arguing that a debt default would not be that bad. So check it out: What Happened The Last Time A Major Western Country Defaulted.

Government Shutdown Was a Well-Planned Conspiracy

The House Rules were rigged to enable the shutdown. See Republican 'Atrocity' Rigged House Rules To Continue The Shutdown, Democrat Says. This is further evidence of a well-planned government shutdown conspiracy by House Republican extremists.

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