Obama's Tax Cut Deal May Be Worse That We Thought

http://www.alternet.org/story/149178/why_obama%27s_tax_deal_may_be_an_even_bigger_disaster_than_you_think/

From Michael Hudson, in part, with the whole article found at the link below:

"The bottom line is that after the prolonged tax giveaway exacerbates the federal budget deficit – along with the balance-of-payments deficit – we can expect the next Republican or Democratic administration to step in and “save” the country from economic emergency by scaling back Social Security while turning its funding over, Pinochet-style, to Wall Street money managers to loot as they did in Chile. And one can forget rebuilding America’s infrastructure. It is being sold off by debt-strapped cities and states to cover their budget shortfalls resulting from un-taxing real estate and from foreclosures.

Welcome to debt peonage. This is worse than what was meant by a double-dip recession. It will be with us much longer."

http://www.counterpunch.org/hudson12082010.html

How did your Senators vote on the Obama Tax Cut Deal:http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=111&session=2&vote=00276

How did your Representative vote on the Obama Tax Cut Deal:
http://clerk.house.gov/evs/2010/roll647.xml