On October 1st, The U.S Federal Government had to shut down because of a budget that could not pass through the Senate. What does it mean, what are the consequences and who is responsible? Let’s find out.
The Republican party is viciously opposed to Obama’s signature Affordable Care Actlegislation, which is a pro-corporate profit-jerk in social-democratic clothing. While having some common sense provisions in it, it’s mostly catered to insurance providers, and if fully implemented, makes everyone buy into a subsidized private insurance plan. That’s pretty much it, the Insurance corporations win, the people? Not so much. Did I tell you Obama is a big piece of shit yet? Not the kind the Republicans try to portray in their various entertainment sources, but the sleazy-,lying political dirt bag way. Alright, now after that is away with, let’s talk about the Republican strategy for a few seconds.
The Republicans have pretty much turned into Reactionaries. Ever since Reagan, and especially Bush W., Republicans have found that the only way to oppose their political enemies is to cry, lie and shit all over the floor. They get media attention that way if you haven’t figured that out yet. They play the most basic kind, textbook politics, and overall, it has been quite successful in sticking a few sticks in Obama’s wheels. As we all know, it is much easier to oppose, rather to lead. Much easier to criticize, than to fix or find solutions. So this government shutdown is just one of many Republican-reactionary stunts in recent years, and definitely not the last.
So the Shutdown, which will cost about 300 millions taxpayer dollars a day is nothing but a stunt. Great. What are the consequences then? Apart from a billions dollars fewer taxpayer dollars and some inconveniences in the days ahead, there are some probable global consequences that might rain on the market parade we have seen in the past few months. The market has been going up and experiencing a euphoria, a sort of upbeat go-get and invest attitude we have seen seven years ago. Stocks are up. No news of some disastrous collapse in the news. No Euro-crisis talk. Germany’s export are up, Britain’s out of Recessions. It seems we have finally left that depressive state we were stuck in. But are the numbers true? Is the economy working normally? Working as it should be? Was it fixed? Fuck no.
We’ve just forgotten about it, and nothing has been fixed. So any news that returns our collective psyche to the shitty reality of overbloated, overheated, over-leveraged markets is bad news. The DOW could sink a few hundred points, the Nikkei already did, but that isn’t really the point. Soon enough, the market will loose trust in the ability of the United States to get shit done. How often these sort of shenanigans will pass without any repercussions? Republicans do this exactly because there are none: American people don’t hold them accountable. The markets don’t really care as of now, as long as profits are up, we live in a big Status Quo, not of politics or lies or aristocracies as we are told, but of big-stagnant-not-give-a-shit world, something all the bads of the world stand on.
When will we reach our limit? Who knows, but this Shutdown is just a small symptom of a much bigger problem.
via:http://www.penurystreet.com/ideological-bullshit-government-shutdown/
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