"You have to recognize that free enterprise is based on free people and … free people are based on faith. The very basis of our belief and freedom is that we believe we are endowed by our creator with certain unalienable rights." ~ Newt GingrichOh Mighty Capitalism, please bless us with your bounties! For Yours is the Kingdom, The Power, and the glory forever and ever...
Capitalism is the god of the Corporatists. Sure, they make a show of belief in christianity but it's a sham, a mockery. Their true religion is Greed. And much like the conversion of Constantine in 312, they had a vision, Under this banner ($) shall ye conquer, and so they have.
The Richest 1% of this Nation control 50% of all financial investments. The top 10% have almost 90% of stocks, bonds, trust funds, and business equity, and over 75% of non-home real estate. Basically, 10% own the United States of America.
But it's important to note that for the rich, most of that income does not come from "working": in 2008, only 19% of the income reported by the 13,480 individuals or families making over $10 million came from wages and salaries.
The Rich have successfully waged a Class War on America. The reason Jimmy Carter has been so vilified by the conservatives is that in late 1970's the Top 1% "only" controlled 20% of the Nation's wealth. And that Oppression of the Plutonomy shall not stand! So, the Plutocrats of this Nation went hard to work to create Think Tanks, invest in school boards and buy political offices for the express effort to create brigades of Shock Troops dedicated to indoctrinating Piss Down Your Back and Tell You It's Raining trickle down economics.
And they've been successful at it. For instance, the Koch Industries, Exxon-Mobile funded Heritage Foundation rabidly cheered and promoted the Bush Tax Cuts. The Heritage Foundation's 2001 report proclaimed if the Bush tax cut legislation were to pass, it would:
1) Effectively pay off the federal debt;Everyone of those claims did not happen and in fact the exact opposite occurred. But, what did happen was a massive transfer of wealth to the Ultra-Wealthy, which were the true goals of the Bush Tax Cuts.
2) Reduce the federal surplus by $1.4 trillion;
3) Substantially increase family income;
4) Save the entire Social Security surplus;
5) Increase personal savings;
6) Create more job opportunities.
Like any good despotic religion Capitalism moves quickly to to stifle and stamp out heresy. Billionaire Warren Buffet, one of the richest men in America, made the mistake of saying it's time Congress stop coddling Billionaires.
Blasphemy! The Shock Troops went to work quickly to denounce him and to assuage and tamp down any ideas in the heads of their slaves, the conservative voter.
The Plutocracy's Hitmen, the Republicans immediately tweeted their disagreement, mostly in the 'Oh Yeah? If it's such a good idea why don't you give billions of your money???'
And the Heritage Foundation omniously hinted at something far worse (psst... it's part of that marxist mulsim Kenyan Usurper's plan).
"A billionaire calling for more taxes might make great political theater, but there's more to the story than Buffett — and Obama — would have you believe,"wrote Mike Brownfield, assistant director of strategic communications at the Heritage Foundation. Yikes, what a title! Mike Brownfield, Assistant Director of Strategic Communications! It almost makes it sound like Brownfield is something more than a pasty, flabby assed, never served a day in the military, never had a real job hatchet man for the Wealthy.
Champion Birther Joseph Farrar, of World Nut Daily, penned this eloquent work: Warren Buffett Just Shut Up! In his column, which I shall not link to, Farrar writes that: Most (his word) of the money collected by taxes is wasted on unconstituional (read as: Medicaid, Social Security, Pell Grants, reduced school lunch programs, the EPA, and OSHA) and concludes:
Do they really think it somehow benefits America to have Washington throw more money away on unconstitutional, fraudulent, wasteful, corrupt and immoral programs?But, the loudest propaganda arm of the Plutocracy, Faux News, immediately went for the Warren Buffett = Joesph Stalin by having Eric Bolling ask is Warren Buffett "Completely A Socialist"? Of course, the inestimable Jon Stewart does a better job of highlighting the vicious evilness of the Faux Propaganda Machine:
Are they socialists at heart?
There are no depths the Wealthy will not stoop to in order to continue their Classacre of America. Andrew Breitbart blantantly lies and proclaims Democratic New Jersey Senator Frank Lautenberg says we have to 'Eliminate the Rich' when in the video the word can clearly be heard as "waste". It's already viral amongst the Conservative blog echo chamber...
So where are we? The massive Class War the Ultra-Rich have waged on us has succeeded but that doesn't mean we have to let them follow up their victory with legislation designed to cement their rule.
Turn off Fixed News, pressure President Obama to act like a Liberal, contact your Representative, show up to local meetings, vote out Republicans vote in Progressives. The Plutocracy wins based on their massive amounts of money it will only be through working and effectively projecting our Mass as the oppressed majority who will not accept Wage Slavery, a stultified caste system, bigotry and oppression that we have a chance to overcome them.
Bank of America will help you out! If you're willing to destroy the middle class...