Post by The 99 Declaration on Feb 1, 2012 9:00:52 GMT -5
Adoption of a plan to reduce the national debt to a sustainable percentage of GDP by 2020. Reduction of the $15 trillion national debt to be achieved by BOTH fair progressive taxation and cuts in spending that benefit corporations engaged in perpetual war for profit, inefficient health care, pharmaceutical exploitation, over-prescribing medications for profit, monopolization of the media by a small group of corporations, the prison and military industrial complexes, criminal banking, securities and financial schemes, the oil and gas industry, and all other corrupt monopolies, entities and individuals that have used the federal budget as a private income stream for decades. Corporate bribery of politicians can no longer be deemed a cost of doing business paid for a lucrative “return on investment.” This abhorrent and brazen “pay to play” racket run by Congress, corporations and the top income earners, puts greed ahead of People, resulted in a $15 trillion national debt and an unprecedented downgrade of our sovereign credit rating.