~US debt limit deal was ‘theater show’~
*Susanne Posel, a senior editor at occupycorporatism.com.*
>The stalemate in Washington over raising the country’s debt limit and reopening the government was just a “theater show,” says Susanne Posel, a senior editor at occupycorporatism.com.
Sixteen days after the US government shutdown began on October 1 and just a few hours before Washington would have exhausted its ability to borrow money, a last ditch deal was passed Wednesday by US congress and signed into law by President Barack Obama.The bill, which was brokered by Senate leaders, raises the debt ceiling until February 7 and funds the government until January 15. Obama’s signature health reform law, commonly known as Obamacare, was a major bone of contention between the two parties whose failure to agree on a deal shut down the government for more than two weeks. However, Posel says the whole issue was a “theater of shutdown that just happened” and the Obama administration itself has finally admitted that Obamacare is “a scheme to get more money out of people.” “This whole entire scheme is meant to create two classes: the wealthy and the not wealthy. And the people who are standing in the middle, the middle class, they’ve got their homes taken away from them, they’ve got their jobs taken away from them, and now they are about to have their money literally stolen out of their accounts,” Posel said in a phone interview with Press TV on Thursday.
Economic experts have said Wednesday’s bipartisan agreement has forced the US economy to face new threats.<
*Susanne Posel, a senior editor at occupycorporatism.com.*
>The stalemate in Washington over raising the country’s debt limit and reopening the government was just a “theater show,” says Susanne Posel, a senior editor at occupycorporatism.com.
Sixteen days after the US government shutdown began on October 1 and just a few hours before Washington would have exhausted its ability to borrow money, a last ditch deal was passed Wednesday by US congress and signed into law by President Barack Obama.The bill, which was brokered by Senate leaders, raises the debt ceiling until February 7 and funds the government until January 15. Obama’s signature health reform law, commonly known as Obamacare, was a major bone of contention between the two parties whose failure to agree on a deal shut down the government for more than two weeks. However, Posel says the whole issue was a “theater of shutdown that just happened” and the Obama administration itself has finally admitted that Obamacare is “a scheme to get more money out of people.” “This whole entire scheme is meant to create two classes: the wealthy and the not wealthy. And the people who are standing in the middle, the middle class, they’ve got their homes taken away from them, they’ve got their jobs taken away from them, and now they are about to have their money literally stolen out of their accounts,” Posel said in a phone interview with Press TV on Thursday.
Economic experts have said Wednesday’s bipartisan agreement has forced the US economy to face new threats.<
