So, Congress finally quit fucking around playing politics and raised the debt ceiling. That’s a good thing, because the country didn’t have to default on its obligations and the bills will continue to be paid. But, the bill that Congress passed yesterday sucks about as hard as a piece of legislation can. In this turd, we get trillions in spending cuts and no revenue increases. But, the Democrats got something in this, too: the cuts are to be “balanced” between defense and non-defense spending. Whoop-de-fucking-doo. We all know what this means; while the “job creators” (Faux News’ name for anyone making over $250k) continue to milk the system, the rest of us will have to pony up, either through the elimination of tax breaks (temporary 2% payroll tax cut set to expire next year) or reduced funding for entitlement programs like Social Security, Medicare, Medicaid, etc. But, that’s okay because those “job creators” will have more money to put us all back to work, right? Sure, they will.
Why don’t I believe that a lower tax burden on the wealthy will trickle down to the rest of us like the great and powerful Reagan said? Because these tax cuts have been in place for years and jobs are scarcer now that they’ve been since the Depression. It may have worked back in the 80’s, but it ain’t doing shit today. You want to know what’s really happening? Minorities are getting fucked, that’s what. A report from the Pew Research Group shows that inflation-adjusted wealth dropped 66% among Hispanics and 53% among African-Americans while wealth among white households fell just 16%. This is largest recorded gap in wealth between white and minority households since the census started recording this data. The Pew analysis laid most of blame on the housing crisis of 2008. Hispanics experienced such a sharp decline because so many of them live in the Arizona, California, Nevada and Florida, states that were hardest hit by the housing crash. Researchers at NYU also found that Hispanics and blacks were more likely to be sold those lovely high-cost, sub-prime loans no matter what their credit histories and these loans have had the highest rates of foreclosure. Let me get this straight, these people were sold these piece-of-shit loans even when they qualified for better ones? Hmm, kinda shoots a hole in the Republican notion that lenders were forced to make loans to people who couldn’t pay them back, doesn’t it?
With all the budget and debt talk flying around, Sojouners has been shouting that the budget is a moral document, that it is incumbent on those of us with more to help those with less. It’s in the Bible, too. One of the main tenets of Mosaic law is that those who have help those who have not. And, when you strip away all the religious crap that’s been added over the years, that’s what Jesus’ message was all about. Even those evil Muslims believe that they are their brother’s keeper. About the only group that doesn’t believe this are American conservatives who (in my opinion) are Christian in loosest sense of the of the word. And, they’ve shown this by sucking up to the wealthy and with their reckless disregard for the poor. Will this change? Maybe…, and, to quote that great 20th century philosopher Wayne Campbell, “monkeys might fly out of my butt”.