The criminal class in Washington is bipartisan. Together they planned force-fed pain. They met secretly. They mandated poverty, unemployment, homelessness, and hunger during hard times.
They did it when vital help is needed. Officially it's called "austerity." Obama calls it "shared sacrifice." In other words, ordinary people "sacrifice" to let rich ones "share." Rape, pillage, loot, steal, or plunder best describes it.
The name of the game is shifting public wealth to bankers, other corporate favorites and wealthy elites already with too much.
It's gone on for decades. Post-9/11, Bush and Obama took it to a higher level. They represent wealth, power and privilege. Serving them means throwing everyone else under the bus.
Robbing poor Peter to pay rich Paul is policy. Destructive neoliberal harshness defines it. Ordinary people bear extraordinary burdens. They're oppressed by problems they didn't cause. The usual IMF prescription is mandated.
Hammer people hard when they're down. Preserve capital at all costs. Prioritize bankers most of all. Do it the usual way. Cut wages and benefits. Curb social spending.
Shift full-time good jobs abroad. Turn workers into wage slaves. Turn corporate predators lose to do what they please. Privatize, privatize, privatize, and crack down hard on resisters.
In the 1980s, it was called Reaganomics, trickle down, and Thatcherism. Post-Soviet Russia got "shock therapy." In America and across Europe, it's "austerity."
Capital rights are pitted against humanity. Disposable workers are denied so Big Money gains. Moral depravity defines policy measures harming so many so much for so few.
How much human suffering is tolerable? Upper limits haven't been tested. The worst is yet to come. It's baked in the cake and agreed on. No one asked ordinary people how they feel?
Who cares! Dominant parties in America and across Europe plan trillions of dollars in social benefit cuts as far as the eye can see. Degeneracy has no limit. What's most needed is eroding en route to being entirely lost.
Source and full piece: Stephen Lendman, Mathaba, 27 Oct 2012