On today’s BradCast, there are two major stories to cover. Both huge. But the one that is receiving less coverage than it needs, is the one likely to upset American life as we know it for decades.
First today, Donald Trump’s former National Security Adviser, Gen. Michael Flynn, pleaded guilty to one count of lying to F.B.I investigators about conversations he had with Russia’s U.S. Ambassador concerning sanctions against Russia and a U.N. vote regarding Israel during Trump’s transition to office, among other things.
He is being offered leniency by Special Counsel Robert Mueller in exchange for his cooperation in the on-going Trump/Russia probe. The White House spent the day downplaying the charges, though reports and court documents filed on Friday indicate the President’s Son-in-Law and senior adviser Jared Kushner could be among those now in the sites of federal investigators. Flynn is the fourth member of Team Trump to be charged by the Special Counsel and the first to have served during the Administration itself.
As that played out on Friday, Senate Republicans continued to push their massive $1.5 trillion tax scam through Congress, which, as we discuss today, is much more than just a massive tax cut for corporations, donors and the wealthiest U.S. citizens. The bill has also become a catch-all for long-sought, far right-wing causes, such as establishing rights for fetuses and repealing a 60-year old ban on partisan political activity by tax-exempt religious organizations.
In addition to offering windfalls for the rich, while increasing taxes on most of the middle-class, the far-reaching legislation will also curb the ability for states and cities to provide basic needs to residents, while otherwise undermining the economic system on a generational scale by removing deductions for state and local taxes, higher education and much more.
Perhaps most disturbingly, as experts and lawmakers admit, the scheme will blow such an enormous hole in the long-term national debt that, as Republicans have made clear, additional massive cuts to social safety-net programs such as Medicare, Medicaid and Social Security will be next on their agenda. In all, the massive redistribution of wealth from low- and middle-income Americans to the richest elite in the country will serve to cripple generations of younger Americans.
But, yes, Michael Flynn was charged with a crime on Friday and may now sing on the President and his team. The White House is likely unhappy about that, even if Republicans in Congress are unlikely to mind the distraction at all, as they push their generational tax scam over the finish line.
Finally today, speaking of paying a price for generations to come, Desi Doyen joins us for the latest Green News Report…
“Perhaps most disturbingly, as experts and lawmakers admit, the scheme will blow such an enormous hole in the long-term national debt that, as Republicans have made clear, additional massive cuts to social safety-net programs such as Medicare, Medicaid and Social Security will be next on their agenda. In all, the massive redistribution of wealth from low- and middle-income Americans to the richest elite in the country will serve to cripple generations of younger Americans.” – Brad
The tax man is a pirate (Banker Jekyll Will Hyde Your Money – 13).