Zera's Blog

A Citizen's View from Main Street

Neel Kashkari, TARP Guru, Supports Cutting Entitlements, Citing ‘Me-First’ Attitude Of Beneficiaries


This reminds me of something I heard about “old blood-and-guts” Patton: our blood, his guts.

The middle-class has seen wages stagnate or slide while the rich take more and more home with them.
For decades, we have seen our jobs go overseas while merger after merger has killed jobs by the thousands.
We have seen health care costs rise far beyond our salaries.
Our wages have barely kept up with inflation.
We have seen property taxes rise.
We have seen college tuition rise.
We have seen student loan debt rise.
We have seen our home equity disappear.
We have seen our retirement funds dry up.
We have spent our savings and accumulated debt hoping to survive until things got better.

We have lost our jobs.
We have lost our homes.
We have bailed out ungrateful banks.
We have bailed out an ungrateful Wall Street.
We have bailed out key industries.

We have done nothing but sacrifice for decades – with nothing to show for it.
The 2006 election, the 2008 election, and the Tea Party movement all have one thing in common – one message in common: The well is going dry, we have sacrificed all we can, it is not our turn to sacrifice again!

Those entitlements have been hard-earned and are desperately needed. It’s time for someone else to ante up if you want to keep this game going.
Read the Article at HuffingtonPost

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July 26, 2010 - Posted by | Capitalism, Economics | , , ,

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