Tuesday, November 28, 2006

Kennedy and Company No Friend to Military

Political and bureaucratic interest are forces in Washington D.C. that have been at work fighting for their turf and piece of the ever growing government tax pie since the Republic began. But what is happening in the Halls of Congress this fall is one of the most shameful of all.
The soon to be leadership of the Senate recently voted out an Armed Services Bill that included billions of dollars for the military. The fact that most will end up in the hands of the military industrial complex is nothing new to relate. But the most appalling item included in the bill is the minuscule raise in military pay of 2.2%. This despite Economist experts estimate that in the past nine tears inflation has eroded the wage earners buying power by 18%.
The same Senators, Clinton, Reed, Levin, Akaka, Byrd voted to approve military loans to servicemen and their spouses that can charge up to 36% interest, whereas Student loans range from as low as 6.8% to 15.8% .
This same cadre of Senators and many more were defeated in the Senate recently when they attempted to raise the minimum wage from $5.15 to $7.25. A 41% increase. It looks as though these Senators think more of minimum wage earners than they do for those in uniform protecting their right to pass obscene Bills!

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