Home > Politics, Trends > 250,000 in London Protesting Austerity – Is America Next?

250,000 in London Protesting Austerity – Is America Next?

March 26, 2011


Union leaders and police said over 250,000 people joined the biggest rally in the capital since protests against war in Iraq in 2003. The coalition, in power since last May, is pushing ahead with a tough debt reduction programme to virtually eliminate a budget deficit, running at about 10 percent of GDP, by 2015.

Labour leader Ed Miliband told marchers in Hyde Park that the government was taking Britain back to what he said were the divisive politics of the 1980s when Conservative Margaret Thatcher was prime minister.

“There is a need for difficult choices, and some cuts,” Miliband said. “But, this government is going too far and too fast and destroying the fabric of our communities.”

What? Not heard about this on your nightly news? You won’t. Our news is being heavily filtered these days so as to not stir up the general public to take to the streets here. How much coverage has the Wisconsin and Michigan and Indiana and Idaho and other state protests received over the last month? Very, very little. Fact is, we are on the verge of a social meltdown. Forget Japan and all their woes, we are facing a major crisis right here at home as austerity is coming to America – now.

Alan Simpson, the radical deficit hawk, on Fox News this morning warned that Americans have not seen anything yet as to austerity in America. Indeed, this guy wants us all to be broke, have no Social Security, no Medicare, no social programs.

So here we are pouring shiploads of cash into yet another war, this time in Libya, while simultaneously demolishing school budgets, closing libraries, laying off teachers and police officers, and generally letting the bottom fall out of the quality of life here at home.

Bob Herbert, Losing Our Way

My readers know where I stand on another war, or conflict, or UN or NATO enforcement, or whatever you want to call this military adventure into war making. I am firmly against it. This country is in financial crisis with 25 million Americans still unemployed or underemployed. (yet, we hear this past week that 400,000 filed unemployment claims – pure fiction). We need jobs, millions and millions of jobs. We need investment dollars flowing out to everyday American small businesses. As we are seeing in Europe and today in London, people are on the edge of major upheaval as cuts are crushing everyday people and more austerity is being called for John Harris’s prediction of the 2011 summer of rage is coming true.

The Audacity of Poor Judgment
The audacity of hope of President Obama has become the audacity of poor judgment, of abandoning the middle class, of NOT standing with union workers, of brandishing his own kind of narcissism which is hurting everyday Americans. The Obamacan-Republicans for all their verbal attacks on the President, love this guy. He is one of them. He is his own make-a-wish-foundation for conservatives. What the President should be doing as he is skirting Article 1, Section 8 of the Constitution, is create an Executive order forcing the banks to loan cheap money. In fact, he should by Executive order dissolve the too-big-to-fail banks and start new banks with clean balance sheets. He needs to issue another Executive order to create job training and work programs, community investment programs, community outreach programs, two-years of free community college programs. He could do all those things. But he won’t. He is a sell-out. Anybody who remotely thought Obama was the 21st century FDR or JFK was seriously duped. Many people called Bill Clinton, “Slick Willy”. Obama makes Bill look like an amateur. Clinton for all his flaws, is a great humanitarian, a great leader, a man of the people. Obama is a flim-flam man. Remember, I have written a book that talks about narcissism. My warning to everyone is this: Don’t believe what they say – Believe what they do.

Economic Policy Institute: the richest 10 percent of Americans received an unconscionable 100 percent of the average income growth in the years 2000 to 2007, the most recent extended period of economic expansion.

So, why on Earth would President Obama extend the Bush tax cuts to the wealth to the tune of $ 2 trillion? (And that is tacked onto the deficit). It is because he is a Reagan man. He has said so again and again. Reagan, the guy who believed in trickle down economics and deregulation, that guy. The guy who made up his own rules like Obama when he engaged in the illegal Iran-Contra scheme. Narcissists do that – they make up their own rules.

Libyan Military Costs
The cost of the Libyan military engagement, while not particularly high, is ill-timed.

The Center for Strategic and Budgetary Assessments, a nonpartisan research institute that focuses on issues of national security strategy and spending, released a report outlining the costs for different potential no-fly zone scenarios. The paper estimates that establishing and maintaining a partial no-fly zone in Libya, like that currently in effect, could cost between $1.18 and $3.4 billion dollars over six months.

Download the report: Report_2011.03.09-Libya-No-Fly-Zone

BTW: That pales in comparison to the $2 billion per month we spend in Afghanistan. I would like to see $2 billion a month over the next 30 months go to the top 30 American cities to help stabilize their budgets. These forays into foreign wars must stop.

Related: Military Involvement in Libya Costs Taxpayers Millions

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