There was an error in this gadget

Monday, November 22, 2010

Too Much Is NOT "Just Right"!!!

The following piece appeared in its entirety over at TomCat's brilliant blog Politics Plus (http://www.politicsplus.org/) on Saturday, November 20, 2010. As we prepare for, celebrate, and digest our Thanksgiving dinners this year, let's remember this spectacular piece and know that THIS SITUATION DOES NOT HAVE TO BE! And then, let's DO SOMETHING ABOUT IT BY THROWING OUT FROM CONGRESS IN 2012 ALL THOSE TEABAGGERS AND CONSERVATIVE REPUBLICANS WHO SUPPORT THIS NONSENSE! The chart below shows very clearly the reason for my concern and anger. Click on it to enlarge for better viewing. Here is TomCat's post:

"BERNIE KNOWS WHAT REPUBLICANS WANT!

Bernie Sanders is the best damn Democrat that isn’t one, far better than most of those who are. He knows that Republicans govern exclusively for the benefit of criminal corporations and the richest 1%. He knows that Republicans want what Billionaires want, and he wrote a magnificent piece on that subject."



"'The billionaires are on the warpath. They want more, more, more.

In 2007, the top 1 percent of all income earners in the United States made 23.5 percent of all income — more than the bottom 50 percent. Not enough! The percentage of income going to the top 1 percent nearly tripled since the mid-1970s. Not enough! Eighty percent of all new income earned from 1980 to 2005 has gone to the top 1 percent. Not enough! The top 1 percent now owns more wealth than the bottom 90 percent. Not enough! The Wall Street executives with their obscene compensation packages now earn more than they did before we bailed them out. Not enough! With the middle class collapsing and the rich getting much richer, the United States now has, by far, the most unequal distribution of income and wealth of any major country on earth. Not enough!

The very rich want more, more and more and they are prepared to dismantle the existing political and social order to get it. During the last campaign, as a result of the (Republican) Supreme Court’s Citizens United decision, billionaires were able to pour hundreds of millions of dollars of secret money into the campaign — helping to elect dozens of members of Congress. Now, having made their investment, they want their congressional employees to produce.

Republicans in Congress, needless to say, are all on board. The key question is whether a Democratic president and a Democratic Senate go along to get along, or whether they draw a clear line at protecting the interests of the middle class and vulnerable populations of our country while tackling our economic and budgetary problems in earnest.

In the next month, despite all their loud rhetoric about the "deficit crisis," the Republicans want to add $700 billion to the national debt over the next 10 years by extending Bush’s tax breaks for the top 2 percent. Families who earn $1 million a year or more would receive, on average, a tax break of $100,000 a year. The Republicans also want to eliminate or significantly reduce the estate tax, which has existed since 1916. Its elimination would add, over 10 years, about $1 trillion to our national debt and all of the benefits would go to the top 0.3 percent. Over 99.7 percent of American families would not gain a nickel. The Walton family of WalMart would receive an estimated tax break of more than $30 billion by repealing the estate tax.

That’s just the start.

The billionaires and their supporters in Congress are hell-bent on taking us back to the 1920s, and eliminating all traces of social legislation designed to protect working families, the elderly, children and the disabled. No "social contract" for them. They want it all.

They want to privatize or dismantle Social Security, Medicare and Medicaid and let the elderly, the sick and the poor fend for themselves.

They want to expand our disastrous trade policies so that corporations can continue throwing American workers out on the street as they outsource jobs to China and other low-wage countries. Some also want to eliminate the minimum wage so that American workers can have the "freedom" to work for $3.00 an hour.

They want to eliminate or cut severely th.e U.S. Department of Education, making it harder for working class kids to get a decent education, childcare or the help they need to go to college.

They want to rescind the very modest financial reform bill passed last year so that the crooks on Wall Street can continue to engage in all of the reckless behavior that has been so devastating to our economy.

They want to curtail the powers of the Environmental Protection Agency and the Department of Energy so that Exxon-Mobil can remain the most profitable corporation in world history, while oil and coal companies continue to pollute our air and water.

They want to make sure that billionaire hedge fund managers pay a lower federal tax rate than middle-class teachers, nurses, firefighters, and police officers by maintaining a loophole in the tax code known as "carried interest"…'" [emphasis added]

"Inserted from

'This is what everyone who voted Republican, everyone who cast protest votes out of anger, and worst of all, everyone who did not vote elected earlier this month. I wonder if they have buyers’ remorse yet. They will. Between now and 2013, Democrats in the Senate and the Obama administration need to hold the line against these Republican threats to our nation. I hope they have the courage needed.'"

-------------------------------------------------------------------------

Ladies and gentlemen, these vast extremes in wealth in this country are IMMORAL, UNETHICAL, and totally UNNECESSARY! They are completely indefensible! This is not the healthy end result of a thriving, "free enterprise" system. Instead, it is EXPLOITATION, HOARDING, and THIEVERY being practiced every single day by the wealthiest 1% who already own and control far too much of the economy. There is NO NEED for ANY want or hunger within our borders. This is caused and nurtured by the wealthiest 1% of our people. It is an economic dictatorship by the rich against the poor and working people!

Last Friday night, MSNBC-TV's Keith Olbermann featured a segment on how Arizona Republican Governor Jan Brewer has cut off funding for a state program that helps fund, among other things, organ transplants for chronically-ill citizens who cannot afford to pay for them. As a result, 98 people in that sorry state will DIE an unnecessarily early death. Meanwhile, billionaires and huge corporations often pay little or nothing in taxes and they and their Republican allies in Congress are pressing for extended tax cuts for the wealthy! These people already have far more money than they could ever hope to spend, and yet they sit idly by, letting fellow citizens suffer, starve, and die. This is CRIMINAL! And it is most definitely a case of too much is NOT "just right"!!!

4 comments:

TomCat said...

Thanks Jack. I have little to add, obviously. You honor me. If I may, the correct link is:

http://www.politicsplus.org/

Jack Jodell said...

Thanks, TomCat. Hopefully people will get the message and react accordingly. These anything-goes, free market gangsters have got to GO!

Suzan said...

Rock on, Jack

How about we throw out all Rethuglicans (including the Blue Dogs)?

That I can get behind!!!

Love ya,

S

Happy Turkey Day!!!!!

let's DO SOMETHING ABOUT IT BY THROWING OUT FROM CONGRESS IN 2012 ALL THOSE TEABAGGERS AND CONSERVATIVE REPUBLICANS WHO SUPPORT THIS NONSENSE!

Jack Jodell said...

Happy Thanksgiving to you, Suzan! I'm with you on the "Republican Lite" blue dogs!

Love ya back!