Sequestration and the US Congress

Definition,

a) Sequestration (law), the seizure of property for creditors or the state,

Senator John McCain calls for repeal

b)Jury sequestration, the isolation of a jury,
c) Bankruptcy, in Scottish law,
d) Sequestration US Congress,

e) A congressional inflicted wound of Austerity forced by congressional Republicans  to the US economic recovery in December 2012 resulting in loss of Private and Public sector Jobs, reduction in Government services slowing economic growth by an estimated 1-1 1/2 percent in 2013.  

The Budget Control Act of 2011 (Pub.L. 112–25, S. 365, 125 Stat. 240, enacted August 2, 2011) is a federal statute in the United States that was signed into law by President Barack Obama on August 2, 2011. The Act brought conclusion to the 2011 United States debt-ceiling crisis, which had threatened to lead the United States into sovereign default on or about August 3, 2011.

Complex mechanisms,

The law involves the introduction of several complex mechanisms, such as creation of the Congressional Joint Select Committee on Deficit Reduction (sometimes called the "super committee"),[1] options for a balanced budget amendment and automatic budget sequestration.

Definitions a, b and c are easily understood and familiar to most of us who pay any attention to the world around us. Our congress borrowed sequestration to avert a crisis in 2011 with the consequences of sequestration so severe neither Republicans or democrats would allow those reality to impact our country, in other words what we are doing is so bad we cannot allow this to take effect.

MIDDLE CLASS forced into New Posture

 From 26% unemployment or under employment, one trillion dollars in student Loans due, unprecedented Home foreclosure, Wall Street and the Banks praying on the public.

Middle class under attack

There are two Classes of workers in America  the middle Class the real growth engine of the economy and and the investor Class with access to capital who claim by some to be the,  "Job Creators". Today the middle class is in disarray and without Jobs medical coverage and loosing their homes. The Job Creators are sitting on the sidelines with over Three trillion dollars in Cash  complaining that there is too much uncertainty so the environment is not conducive to investment. The continued growth of the stock market and Corporate America reporting Record Profits debunk that myth and does not represent a poor investment climate. Ronald Reagan began to destroy the Middle Class in the 1980s attacking unions and any means of representation the middle Class had by the arbitrary firing of Air Traffic controllers who were exercising their legitimate right to strike.

  

. The tearing down of the middle class exploded after the 2010 Congressional and Local Elections effected by newly elected Republican Governors, Democrat Governors in conservative States and Republicans in congress and the Senate under the Phony Banner of balancing State Budgets. With forceful Legislative actions like those taken in the States of Wisconsin by Governor Scott walker and Ohio By Governor John Kasic.These Governors while taking benefits from Public sector workers gave enormous Tax cuts to the millionaires who funded their Elections.

Middle Class under Attack