Rep. Hansen Clarke Cuts Up Credit Cards on House Floor: MyFoxDETROIT.com
Updated: Wednesday, 20 Jul 2011, 9:54 AM EDT
By myFOXDetroit.com Staff
(WJBK) – U.S. Rep. Hansen Clarke, D-Detroit became animated Tuesday in an attempt to articulate his point about reckless spending in Washington and all over America.
The freshman congressman even pulled out his scissors and began cutting up credit cards on the House floor.
Clarke was upset with the bill approved by the Republican-controlled House that makes massive cuts without raising taxes on the wealthiest Americans.
(VOD ed.: if everyone followed suit and cut up their credit cards, the banking system in this country, which is profiting off trillions in interest on debt from individuals and governmental agencies, along with trillions in taxpayer bail-outs, would either grind to a screeching halt or be forced to come to the table to enact debt payment moratoriums.
BAILOUT THE PEOPLE, NOT THE BANKS!!)
I totally agree with Rep. Clarke here. I stand behind what I wrote over two years ago:
My position in the present budgetary debate is not that deficits don’t matter. There should be increased spending in a recession, directly related to increasing demand. On the other hand, what makes this difficult is the spending that went on in the Bush years, as Greg Palast has recently observed: i.e., in my terms we were already “maxed out” when this recession set in.
At the same time, cutting Social Security is neither justified or relevant, and except for the runaway pharmaceutical prices Congress opted for under the program, Medicare should be left alone, as well.