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October 28, 1990 - Image 5

Resource type:
Text
Publication:
Michigan Citizen, 1990-10-28

Disclaimer: Computer generated plain text may have errors. Read more about this.

Th budg t crl I

I
Ronald Re gan rode into
office on pledge to cut
taxes; reduce the burden of
government by cutting
federal programs; rebbuild
America's military power by
increa ing defense pending;
and chieve a balanced
budget. From the beginning
this bizzare set of proposals
wa formula for failure.
During the 1980
Republican primaries,
George Bu h characterized
Reagonomic as "voodoo
economics" .
Reagan rode out of office
to the afcty of the unset
leaving minorities, the poor
and -working people reeling
from the impact of an ad­
ministration which hredded
the fragile afety network of
oci I ervice programs.
The rich got richer under
Re gan, 'but the poor were
made 10 uffer.
TAXES WERE indeed
reduced, but the' greate t
reductions were for the rich.
Meanwhile Reagan pushed
for deep cuts in soci I
program while Imulaacous-
er
a
OCTOBER 28· OVEMBE
of
1
eaganom·cs
pansion" wa really paper
pro perity ymbolized by
people like Michael Milken,
the "Junk Bond King".
(Milken's fine for hi convic­
tin on in ider training is $600
million lone! How much did
he steal?)
By the end of the 80's, 1/2
of 1 % of the people in the
United States controlled
nearly 30% of the wealth.
_ The top 10% controlled
nearly�70% of the wealth. But
the bottom 80% controlled
only about 30% of the
weaUh.
Unbelieveable fortune
ere accumulated. aided and
abeued a "reformed" t x
code which actually reduced
taxes for the wealthy while
increasing taxes on poor and
.middle income famili s.
According to an analysis
of Congre sional Budget of­
fice data done by citizens for
Tax Justice. "The richest 1
percent of the population will
pay 36% les (in taxes) thi
year" than under the 1977 tax
code. However, poor families
will pay as high as 14% more
and middle income families
7% more.
MICHIGAN CITIZEN PAGE 5
Ron
Daniel •.
OW TH E horrendous
bill for Reagonomics and ,..... ....
Reaganism has come due.
Voodoo economics did not
work.
When Reagan took office
the federal defici was $79
billion. Currently the deficit
stands at nearly $300 billion.
Adding to this calamity is
the fall-out of the staggering
rip-off in the SaL industry
which will cost the American
people $1 trillion over the
next 30 year' wi th interest.
The $8-10 hillion H.O.D.
rip-off almost seems m ager
in cornparis on.
Again the outcome i for­
tunes for the few and mi for­
tune for the many. It is oor
and working people n the
middle class that will s ffer
most because of these can­
dais.
Huge chunk of reso rces
that could have been ail­
able for social programs will
now be diverted to pay for the
SaL bail out. And it will be
the tax dollars of the little
people that will pay for a
catastrophe which they did
not create.
Under Reagan an es-
8yG ryG. Wat
Staff
I
an has a message f.�--
Farrak
,Whcre is the racist? Where
. h ,I .? H
IS t c anu- emile. e was
not at the Joe Loui Arena on
.Sunday, October 14th.
Mini ter Louis Farrakhan
poke to n audience of
thou a nds , approxamately
17. O. ho paid s 15.00 �o
hear the Lader of the ation
of I lam peak. Minister
F rra han' peech centered
on how we c n "Stop the
Killing." Hi speech touched
ever I facet of African
American life in America.
And I a' impre ed by the
heer number of people in at­
tendance and their diver ity.
Thi wa the fir t time that 1
h ve heen to a human right
r Ity. her prominent
African American w . the
pe er.
A� Mini i e r Far r han
nofed, America find a way
to III our Ie der when they
begin to meddle with foreign
aCf ir . Dr. King and Mal­
colm X met their demi e
imply becau e they refu ed
to cowto to the power that
be hen it came to pe king
out ag inst America'
foreign policy.
Mini ter Farrakh n chal­
lenged Pre ident George
Bu h to bring our troops
home. Since 65% were Black
men and omen, he l�ted
that he ould not tand idlely
by nd w tch America fight a
r of greed
Iy pre ing for multi-billion
dollar inerea e in defense
pending.
Food stamps, welfare,
housing, education, job train-
ing, II of the program
which provided services for
poor and working people
were dra tically reduced, ad­
ding to the misery index of
the ma ses in the United
States.
It wa clear from the out­
set that Reagan' strategy
as to balance the budget on
the backs of poor and work­
ing people nd the middle
cl S:. Reaganomic would
come to mean pro perity for
thc few ar-rhe expense of
many ..
The dramatic increase in
the fortunes of the few over
the la t decade i nothing
short of scandalous.
Mueh of tbis incre e in
we Ith is attributable to non­
productive economic activity
such as leverage buy-out ,
merger and speculation in
futures and the stock mar et.
IN MANY re peer
Reagan's highly touted era of
"unprecedented economic ex-
PAINTED IN THE while
media s a crackpot. com­
munist. a hate monger, nd a
raci t he ha been unCai rly
portn yed by the me media
that is designed to control us
and keep us thinking that we
are the cur e of the
America's.
Taken out or context any
pc rs on can be painted into
what ever the mecJi w nt:
them to be.
- Ob erving the crowd and
spe king to per on th t I
wa _ familiar with, there w
a broad constituency that
may h ve come to realize that
Minister Farr khan. nd the
ation of Islam. m y be the
"cure" th 1 the Af r ic n
American community need.
Minister Farrakhan spoke
on how "sick" our community
i . The icknes come from
the underdeveloped intellec­
tual side of our p ople. We
h ve purpo ely been mi edu­
cated nd br inwa hed to
de troy u a people.
MI ITER ,,'ARRAK·
HA also explained hat the
Honorable Elijah Muh mmed
meant hen he c lied white
people devil. The "Devil
White Man" that he refered to
is guilty of acting like a devil
because of hi deed . Hi tory
was rewritten hy the white
man to use gainst the people
of the world.
He lot ted that it is
hiologically impo ible Cor
the white man to ha�e been
ti m ted $ 1 tri II ion was added
to the defense budget while
spending on domestic
programs increased by less
than $20 billion.
A DECADE OF neglect
has spawned an explosion of
urgent demands for monies
fo r housi ngt hea lthca re ,
education, drug treatment
and research. on cancer,
diabetes, heart disease and
AIDS.
As the negotiators from
both parties grapple with th
budgC?t cri is there appears to
be far too few doll rs avail­
able to solve Car too many
problems.
In the end no matter which
budget compromi e is
adopted, it is the gener I wel­
fare of the va t majority of
U.S. citizen which will be
compromised.
The wealthy will e cape
relatively unscathed while
the poor, working people and
Continued 0 P. e 1
the original man simply be­
cause two White people can­
not make a Black baby. He
also stated that the while man
has lied to u numerous time'
and has u ed hi ver ion of
religion to en lave the people
of the world.
Look at any colonized
country and you will ee how
his lie have de troyed
ocietie and the moral fabric
of the colonized. He rated
that God allow» every people
to rule the w( rid. And thc
white man :JJrcly rules the
world now. He has not ruled
with f irnc .• ri hteou ne.
or equality. And in the end he
III pay for h i devili h
deed'. What better way to
de. cribc such a per on?
Mini tcr Farrakhan al.o
d i cu e d motherhood nd
the African American
woman. He implored that no
matter how hard i� may be,
our women need to s iop
borting their children. It
may be difficult, but the life
they are de troying could be F rrak aa d ria pre coafere ce at tile We ti
the one person who "God" duri Detroit vi it. (Pbqto by G ry W tkiD )
ha ent to rescue our people. -
He illu trated hi point by
aying lhat hi mother tried
to abort him three time un­
succe sfully. She then put
her faith in God nd let him
rule her life. Also. he rated
that the influence of God in a
women life will filter
through her body into the
womb and h ve an effect on
the development of the
chi Id's per onali ty.
THF: TRUTH HURTS,
and Mini ter Farrakhan told
the truth. A far I am con­
cerned the "sicknes " that he
. poke of i an epidemic. It
has obliterated our com­
mumue acro the nation.
When the number one cause
of death for African
American .youth between the
age of 9 and 25 is m rder,
Hotel
the "sickne s" has reached
epidemic proportions.
We II have been i nvi ted
by the Nation of I lam to join
the fight to ave our race. It
doe not m uer whether we
re Mu lim or Chri tian. We
re all in thi together and it
i time for u to w ke up, and
"Stop the Killing."

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