Showing posts with label Trickle Down Economy. Show all posts
Showing posts with label Trickle Down Economy. Show all posts

Thursday, September 19, 2013

Dutch King cuts welfare to keep his royal privileges





While the world's major trend is empowering the welfare state and the principle of "Resource Sharing", occasional selfishness pops up here and there. Like for example the GOP's 42nd attempt to repeal the Affordable Care Act, whilst they are more than aware that Universal Healthcare is a point of no-return. Why? Well simply because the wild unregulated trickle-down economics, the highest symbol of wild capitalism which they still represent has blatantly failed over the years.

Supply-side “trickle-down” economics -- starting with Reagan's giant tax-cuts on the rich, continuing through George W. Bush's tax cuts on the rich, combined with wild deregulation like the subprime mortgage, they led us to the most gigantic economic recession in world's  history and today we are in a situation in which four out of 5 U.S. adults struggle with joblessness, near poverty or reliance on welfare for at least parts of their lives. 

Nonetheless the GOP's agenda keep propping up the Tricky Down Ponzi scheme, which is dragging the Republican Party to its political death, because today people know the voodoo economics is a fairy tale which is only supported by the Republican propaganda machine whose main megaphone is Fox News. 

Although these Republican Con-Artists still struggle to realize that today things have completely changed: we live in a Social Media and the whole world is inside Facebook and Twitter. 

Being everybody in the world within the same room, you inevitably form a giant single Consciousness which obviously can’t hide anything to itself and where the global exchange of ideas, views, facts and opinions can only lead to truth and righteousness, because that’s the human evolution’ spontaneous and most genuine attitude. 

Within this picture there he goes the Dutch King, Willem-Alexander. The total amount of his privileged lifestyle amounts to 40 million euros. Money that he has received from its fellow citizens without working a single day. 

Nonetheless his Royal Highness had the shameless impudence to deliver a message to the Dutch people from the government Tuesday in a nationally televised address: "the welfare state of the 20th century is gone".

In its place a "participation society" is emerging, in which people must take responsibility for their own future and create their own social and financial safety nets, with less help from the national government.”

His Royal Highness had the impudence to call the cut of the welfare state as “participation society” while the truth is he needs to cut the citizen's welfare only to prop up his privileges. 

While the rest of the world, even the United States of America is engaged in implementing the welfare state , this privileged Official wants the government to cut the welfare state to keep his royal privileges and has the impudence to call it “participation society”  

"The shift to a 'participation society' is especially visible in social security and long-term care," the king said, reading out to lawmakers a speech written for him by Prime Minister Mark Rutte's government. The AP reported today.

A series of recent polls have shown that confidence in Rutte's government is at record low levels, and that most Dutch people — along with labor unions, employers' associations and many economists — believe the Cabinet's austerity policies are at least partially to blame as the Dutch economy has worsened even as recoveries are underway in neighboring Germany, France and Britain. 

After several consecutive years of government spending cuts, the Dutch economy is expected to have shrunk by more than 1 percent in 2013, and the agency is forecasting growth of just 0.5 percent next year.

Not much of a surprise the economy kept shrinking. Tax cuts never work but for the rich and the Royals, obviously!

To show his good will to the "participation society" Willem-Alexander's salary will be cut from around 825,000 euros ($1.1 million) this year to 817,000 euros in 2014. Maintaining the Royal House — castles, parades and all — costs the government around 40 million euros annually. So the story's moral is "you guys have to work to pay my lunch and uh...sorry but if I want to keep my Royal Privileges you have to give up your healthcare insurance because we can't afford it anymore!"

It’s already unacceptable and morally questionable the fact that the King of Nederland is fully financially supported by its own citizens while they are struggling with joblessness and poverty, and at the same time he wants to cut the citizens healthcare assistance to sustain his royal privileges. 


E Pluribus Unum