Sunday, February 20, 2011

Obama Requests Funding for Venezuelan Opposition in 2012 Budget

by Eva Golinger from Venezuelanalysis

Although she focuses on US tax money to fund the destabilization of her native country, Venezuela, the same observations about funding also applies to many other nations of the world where the US (read "US ruling class") has interests. Such funding has resulted in so many repressive autocratic regimes like the ones in North Africa and the Middle East that their citizens are fighting against.
Included in the whopping $3.7 trillion request is over $670 billion for the Pentagon's ever-increasing annual budget, nearly $75 billion for the intelligence community and $55.7 billion for the State Department and the US Agency for International Development (USAID).
The funds that go to the CIA, USAID, and a considerable portion of the Pentagon's budget is for the sole purpose of promoting, and safeguarding the profits of global capitalists. The reason that the US runs such huge deficits is because the US ruling class refuses to tax itself to pay for these expenses; instead they make the US government, which they essentially own, borrow the money from the Fed, which they own, and whoever else that will buy US Treasury paper--China, Japan, etc.
Thus, taxes have to be bled disproportionately from working people.  

With the economy in shambles, mostly because of the reckless gambling of banksters and other capitalists, many working people are now unemployed and therefore tax revenues are reduced. The solution that the ruling class wants is to slash all public spending that goes to working people. It is now open class warfare, only most working people outside of Wisconsin still don't see it.