Monday, February 27, 2023

Truest statement of the week

To the extent there was a political perspective, it was provided by Paul, the former Texas congressman. In his headline speech, Paul falsely claimed that by eliminating the Federal Reserve, the US government would be forced to pay its debts and therefore could not fund military expenditures.

In reality, Paul’s program of austerity and debt elimination, if put into practice, would result in the evisceration of every single social welfare program in the United States, which is in fact the aim of the most right-wing sections of the ruling class and the program of the Libertarian Party.

Paul ended his speech with a call for an end to all “regulations,” i.e., minimum wage, social security, medicare and medicaid, child labor and work place safety laws, that “bankrupt the country.”

 

-- Jacob Crosse and Joseph Kishore, "The 'Rage Against the War Machine' rally: A reactionary political freak show"  (WSWS).