Makers and Takers. Republicans have a jobs plan for 100% Employment. It's called Slavery.

How did the Rich get their Wealth? By stealing the Labor and Wealth of the Poor. You can call it whatever new name the Rich have dreamed up; Austerity, Fix-the-Debt, Sequestration, Trickle Down Economics but it's all the Rich using the Power of Government to steal from the Middle Class and the Poor.

Now, for the past 30 years Republicans have gotten bolder and more outspoken in their plans to help the Rich institute a Neo-Feudalist Wage Slave State under Corporate Dominance.

"I've been dealing with the minimum wage issue for the last 28 years that I've been in elected office," House Speaker John A. Boehner said to reporters on Wednesday. "And when you raise the price of employment, guess what happens? You get less of it."

John Boehner is a Republican; Republicans work for the Rich. Anything which hampers the ability of the Rich to steal more and more of the labor produced by the American Middle and Working Class is anathema to them. The Rich have ordered the Republicans to Destroy the Middle Class, President Obama had better not help them.

Under President Obama Income Inequality has continued to grow and even accelerated. In the third quarter of 2012, Corporate Profits were $1.75 trillion, up 18.6% from a year ago, after-tax profits are at their greatest percentage of GDP in history. But the record profits come at the same time Workers Wages have fallen to their lowest-ever share of GDP. Pretty Shitty Marxism...

While Corporate Profits are at an all time High, CEOs use the Carried Interest Tax Loophole and Off-Shore Tax Havens to hide Hundreds of Billions of Dollars.

1. Bank of America CEO Brian Moynihan.

• Number of Offshore Tax Havens in 2010? 371. 
• Amount of federal income taxes Bank of America would have owed if offshore tax havens were eliminated? $2.5 billion.
• Amount of federal income taxes paid in 2010? Zero. $1.9 billion tax refund.
• Bank of America received a $1.9 billion tax refund from the IRS in 2010, even though it made $4.4 billion in profits.
• Taxpayer Bailout from the Federal Reserve and the Treasury Department? Over $1.3 trillion.

 2. JP Morgan Chase CEO James Dimon

• Number of Offshore Tax Havens in 2010? 83.
• Amount of federal income taxes JP Morgan Chase would have owed if offshore tax havens were eliminated? $4.9 billion. 
• JP Morgan Chase has stashed $21.8 billion in offshore tax haven countries to avoid paying income taxes. If this practice was outlawed, it would have paid $4.9 billion in federal income taxes. 
• Taxpayer Bailout from the Federal Reserve and the Treasury Department? $416 billion. 

3. Goldman Sachs CEO Lloyd Blankfein

• Amount of federal income taxes paid in 2008? Zero. $278 million tax refund.
• Number of offshore tax havens in 2010? 39.
• In 2010, Goldman Sachs operated 39 subsidiaries in offshore tax haven countries.
• Amount of federal income taxes Goldman Sachs would have owed if offshore tax havens were eliminated? $3.32 billion.
• Taxpayer Bailout from the Federal Reserve and the Treasury Department? $824 billion.
• During the financial crisis, Goldman Sachs received a total of $814 billion in virtually zero interest loans from the Federal Reserve and a $10 billion bailout from the Treasury Department.

 4. General Electric CEO Jeffrey Immelt

• Number of offshore tax havens? At least 14.
• Amount of federal income taxes General Electric would have owed if offshore tax havens were eliminated? $35.7 billion.
• GE has stashed $102 billion in offshore tax haven countries to avoid paying income taxes. If this practice was outlawed, it would have paid $35.7 billion more in federal income taxes.Amount of federal income taxes paid in 2010? Zero. $3.3 billion tax refund. In 2010, not only did General Electric pay no federal income taxes, it received a $3.3 billion tax refund from the IRS, even though it earned over $5 billion in U.S. profits.
• Taxpayer Bailout from the Federal Reserve? $16 billion.During the financial crisis, the Federal Reserve provided GE with $16 billion in
• financial assistance, at a time when Jeffrey Immelt was a director of the New York Federal Reserve.
• Jobs Shipped Overseas? At least 25,000 since 2001. 

 5. Verizon CEO Lowell McAdam

• Amount of federal income taxes paid in 2010? Zero. $705 million tax refund.
• In 2010, Verizon received a $705 million refund from the IRS despite earning $11.9 billion in pre-tax U.S. profits.
• Amount of federal income taxes Verizon would have owed if offshore tax havens were eliminated? $525 million.
• Verizon has stashed $1.5 billion in offshore tax havens to avoid paying U.S. income taxes. Verizon would owe an estimated $525 million in federal income taxes if its use of offshore tax avoidance was eliminated.
• American Jobs Cut in 2010? In 2010, Verizon announced 13,000 job cuts, the third highest corporate layoff total that year.

Beyond Welfare Queens these Moocher Corporations, who use legerdemain and duplicitous book keeping to "make" profits, are Welfare Emperors and Pharaohs.

Thus the Nation's Wealth continues to consolidate in the hands of the Very Rich with the 1% controlling over 40% of Country's Wealth.

The Rich hate America. The "American Dream" isn't their Dream. Their interests never line up with that which concerns the 99%. The Rich don't recognize a need for a Clean Water Act, it's just an impediment to their pursuit of Profits. The Rich don't see a need for Obamacare or Medicaid or Medicare. Those Government Regulations and Officials undercut their attempts to extract as much profit from the sick, dying and old. They don't see Social Security as an asset to aid in retirement but as a pool of unrealized Capital.

Unionized and Pensioned Municipal Workers are a threat as the stability and relative job security take away the Rich's Most Powerful weapon, the layoff and firings.

All Governmental Functions, outside of a Robust Interventionist Military are wasteful or as the Plutocrats Astroturf Organizations deem them, Un-Constitutional (As when the Koch Brothers tried to start a Tea Party Movement in 2002).

But, all of the maneuvers by the Rich are designed to crush the Middle Class. A thriving Middle Class is always a Danger to the 1%. And how do you crush a wide disparate group of people? Why Divide & Conquer.

So, in 2009 the Plutocrats gave explicit instructions that every outlet they control would blame President Obama for everything wrong. And the Rich knew the work they had done with Conservative Think Tanks and Toxic Right-Wing Radio had cultivated a Ready Audience eager to blame the Other, Barack Hussein Obama, for all the Nations' Woes. Or as Bill Maher succinctly summed up the Conservative Message, 'America was just swell until President Blackenstein and his group of Thugs ruined everything.'

Of course, the Plutocracy's Economic Hit Job and their Republican Hit Men have been working for decades using Piss Down Your Back and Tell you It's Raining Trickle Down Theory to undercut the Middle Class and increase Income Inequality.

Sequestration is just another technique to hamper the Government. But, the Government functions which will be hampered aren't those that affect Rich. The Sequester provides the Plutocracy with yet another opportunity to grind the Middle Class into dust. After which the Rich will swoop in like Vultures and pick at the remnants.

But, all of this is just new names and a new twist to the Very Old Dance the Rich and Powerful have engaged in throughout Recorded History. Fix-the-Debt and Austerity are just new names for the techniques the Rich have always used to steal from the People. And that is Slavery.