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Thursday, December 02, 2010

GOP Holding Country Hostage For Super-Rich


Think Progress Excerpt:
Sen. Jon Kyl (R-AZ) said Wednesday that he is going to hold the nuclear security of the United States hostage in order to pass the tax cuts for rich.
Okay, let me see if I have this right. Republicans claim that because we can no longer afford to worsen our debt with China and Saudi Arabia, funded liabilities like Social Security and Medicare must be cut to help shrink future debt. In the meantime, super-rich Americans sitting on stockpiles of money need a deficit ballooning tax break extension that will help deepen the red ink over the next decade by $700 billion $4 trillion!! And, because we must stop selling our debt to China or Saudi Arabia, we'll have to make additional sacrifices by ending unemployment benefit extensions. But when Wall Street needed to be bailed out, there's hundreds of billions for that. They also said high health care costs from Medicare are a deficit problem - but there are trillions of dollars on hand to fight two unnecessary wars.

And now they're willing to take it to the ultimate level - withhold our nation's security until they get exactly what they want - the tax cuts extended for the wealthy? Doesn't that sound even a little bit treasonous to anyone?

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