IMF Serving “Alternative” Sites Like BLN and Prison Planet, Already Pimping Next Round of Austerity Measures

by Scott Creighton

Phony alternative “libertarians” (read as “neoliberals”) are already out in the forefront calling for even more austerity in the face of the artificial deficit monster’s approach:

“If we can’t even cut federal spending by 2.4 percent without much of the country throwing an absolute hissy fit, then what hope does America have?” Black Listed News

Just for the record… it’s not the fact that they are cutting spending that is causing the few remaining humans a bit of angst these days, it’s WHO IS GOING TO BE DOING THE BLEEDING. Michael, in his article, draws the straw man comparison of people living in debt driving new cars and all the other stereotype misdirection connections that make absolutely no sense at all:

“.. debt addicts may be very proud of their new homes, their new cars, their new clothes and all of their fancy electronic gadgets, but it was all purchased with debt.  When a “day of reckoning” finally arrives, many debt addicts lose absolutely everything and end up in the street” Michael Snyder, BLN

The people who are going to be suffering the most in this first round of real austerity are not the so-called “debt addicts” that put us in this situation. The people who will be hit the hardest are the weakest among us.

Even wild dogs don’t eat their own, which is exactly what Michael Snyder is suggesting we do in order to avoid the dreaded deficit monster. His argument is morally reprehensible and intellectually/historically bankrupt. The deficit that he rails on over and over again isn’t caused by Social Security or teachers or cops or Medicare recipients and Snyder damn well knows it. The ongoing $40 billion dollar a month bailout to the banksters to purchase the bad debts and credit default swaps they created… THAT IS WHAT CAUSED IT. The trillions of dollars we have spent bombing Iraq and Afghanistan and Pakistan into neoliberal submission, THAT IS WHAT CAUSED IT. Giving BIG BUSINESS a huge tax break so they could survive the coming recession and subsequent depression, THAT IS WHAT CAUSED IT. Those are the “debt addicts” Synder rails against in his screed.

Who is being forced to pay the price for the banksters and the CEOs and the Vichy politicians? THAT is what is dreadfully wrong with this plan, Michael. Of course, a wealth worshipping Ayn Randian libertarian would probably have a little difficulty with that whole “empathy” and “social justice’ concept. They are a little challenged in the morality department if you know what I mean.

On his website, Michael Snyder makes a reference to this being a really bad economic “adjustment” that is about to happen to us. The “adjustment” term is a reference to the IMF/World Bank neoliberal policies they called “adjustments” that we installed in places like Chile and Argentina and Russia. These “adjustments’ are part and parcel of neoliberal economic policy, not reactions to circumstances.

Of course, his phony alternative message which does nothing but serve the interests of big banking and the IMF/World Bank, is being pimped at Prison Planet as well. That should tell you something about these “alternative” voices out there.

5 Responses

  1. When one has no money to buy wheels to get to a job, knows no one with enough money to loan except for a bank, that one won’t have a job for long without going into debt.

    Most likely, any wheels that one can afford to buy with the kind of loan the bank would be willing lend will be junk, and will either quit running or need another loan to get it fixed. And so it goes—on and on, one thing after another, until that one finally runs short on hope, does something desperate.

    Then, they’ve got that person right where they want—behind bars, or shot full of holes. No worry for them about running short of those kinds. The world is full of them.

    r ap

  2. Can’t believe your worried about austerity Scott,when the commie Obama is about to give Alaska back to the Russkies the cold warriors never give up do they?I guess they can’t help it,it’s in their blood.

    • It’s little gems like this one that remind us who the libertarians really are and what their actual goals are…

  3. I swear, these fucking libertarians are getting worse by the day.

    First they blame the most vulnerable of our society for our problems.
    At the same time, they promote the long-discredited myths about the free market (that everyone can succeed, every man is best when he is out for himself, etc.).

    THEN, they demonize every collective action or achievement by community or cooperation and put out the bullshit that all of these things would have been done, and even better, by individual efforts. Oh, and they argue that Social Security is a scam and everyone would be better off privatizing it…

    THEN, they start promoting bigger bullshit like Hitler was a socialist (which is all the more sinister if you know how Hitler REALLY came to power) and all collective action is communist.

    And on and on…

    I stopped reading the Economic Collapse blog and several other websites a long time ago because I picked up on the pro-Ayn Rand jabs and just got so sick of them going out of their way to demonize the very concept of empathy, compassion, and cooperation.

  4. And sure, there are definitely a lot of people in this country who have a big spending problem and at least partially at fault for putting themselves into debt, but blaming them for this disaster in the way Michael does is intellectually and morally dishonest.

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