Unable to pay its bills, California is set to issue IOUs for the second year in a row. Harrisburg, Pennsylvania is close to complete economic collapse. Illinois is paying its bill six months late and has another looming hole in its budget in the form of interest for loans it never should have taken in the first place. And that's just the tip of the iceberg.In light of this, what are Democrats advocating? More borrowing and more spending. More public sector union bosses in key positions.
Well, folks, it's not gonna end well. Please consider the following headlines from around the globe, highlighting the collapse of the public-sector welfare state.
Merkel calls for calm as rail protest turns ugly
Chancellor Angela Merkel called for calm Friday after riot police used what critics called "Rambo" tactics to disperse thousands of opponents of a contentious rail project... Demonstrators said that more than 20,000 protestors, including more than 1,000 schoolchildren, were dispersed by close to 1,000 police in riot gear using water cannons, pepper spray, tear gas and batons...
Students and families join French pension protests
French families, students and private sector workers joined mass demonstrations on Saturday as trade unions ramped up pressure on the government to drop pension reforms... Opposition to [plans] to raise the retirement age to 62 from 60 showed no signs of abating and hundreds of thousands across the country marched in the fourth round of rallies in as many months... Unions said that about 2.9 million had marched, while police said the crowds numbered 899,000. The union figure was about the same as at the last demonstrations on September 23. The police figure was slightly lower... About 230 protests took place across the country with a bigger turnout of families,
Irish Woes Get Worse
It's hard to know what to say about Ireland's revelation that it expects the cost of cleaning up Anglo Irish Bank to come to a staggering 21% of GDP. Profanity is too weak, really. The total cost of the bank bailouts looks as if it will be well over a quarter of GDP... Ireland is massively dependent on foreign credit, and if it flees--well, the second letter in the country's name might as well be a "c". That means cutting the budget elsewhere to send a credible signal to the bond market--because without that credible signal, an even worse financial crisis seems like the most likely outcome...
Around the world we see that the era of public sector unions is drawing to a close. Yet the SEIU, AFT, NEA and other public union bosses appear out to destroy the taxpayer. And to what end?
Who knows? The Democrat Party has long been immune to logic, facts, history and reason, so your guess is as good as mine.
Unless the destruction of Capitalism and the rise of a new totalitarianism -- as plotted by Cloward and Piven -- is all there is to it.
This is no joke. It's deadly serious. It's November or never.
2 comments:
Spot on. Our government has been seized by the left and they are trying to tear it all down. We cannot let them destroy what so many have sacrificed their lives to preserve.
Call it the "Adolf Complex". To wit, if the union bosses can't be in control, then, before they go down in flames, they're going systematically destroy everything the country and the economy to ensure nobody else will be in control either.
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