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Monday, June 30, 2008

Magical Misery Tour

By Keith Schmitz

The Fiscal Wake Up Tour hits Milwaukee today at Discovery World. The group, which includes the sagely Ann Rivlin who was former Director of the Office of Management and Budget, will be bringing dire warnings about the condition of our economy.

What they will be talking about before the members of the MMAC and any one else who cares to show up is that we are in sorry shape.

It is sort of Animal Farm in reverse. This time, instead of the piggy proletariat leaders selling out their followers to the other side, we are being offered up by those of the right wing.

Think of it. A major portion of our debt is being held by the "Red" Chinese. You know. Those evil folks that we have been taught to fear and loathe since 1949 mainly by Republicans.

It's not all Bush's fault, but certainly the trillions of dollars of debt built up by this administration over the past eight years has put us in the spot where the "Red" Chinese might be able to call the shots.

The Wake Up Tour will be telling us that who ever takes over after this election will have to make some tough choices. Of course one that seems totally inappropriate will be extending the tax cuts for those making high incomes who would feel the pain the least. At least John McCain thinks this would be wonderful.

If the US does not bite the bullet, we could have China, Saudi Arabia and other countries dictating our internal policy just like the World Bank does with any other third world country run by a tin horn dictator.

When Bush said he wanted to create an ownership society in this country, this is not what some of us had in mind.

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