Showing posts with label don't believe in capitalism. Show all posts
Showing posts with label don't believe in capitalism. Show all posts

Monday, October 26, 2015

Donald Trump has some advice for Poor People, Be born to a Rich Father

"We are a Capitalist Society. I've been on food stamps and welfare, anyone help me? No," - Craig T. Nelson
Those paragons of immorality, the poors have really gotten their comeuppance today from Donald Trump! On The Today Show, Trump proved once and for all why poor people are poor, they didn't have the good sense and business accumen to be born to rich parents,
"My whole life, really, has been a no. And I fought through it. It's not been easy for me. It has not been easy for me... My father gave me a small loan of a million dollars."
As with Mister Forunate Son Mitt Romney and his 47% Speech, Jeb???Bush and his petulant blah blah blah Daddy said I get to be President whining, or the blood-sucking tentacles of Koch Industries, Donald Trump's comments show that Capitalism is just the rebranding of Feudalism.

While Republicans are frightened and pouty about Donald Trump's continued lead, Trump is the Vox of the Monstrous Conservative Id, which they themselves released. Whether he believes what he says doesn't matter anymore. He's tapping into the Right-Wing Populist Rage of the white male, stoked for decades by Republican Politicians and Conservatives.

We are a full generation into the Ronald Reagan-fronted Vulture Capitalist destruction of the American Dream and elimination of the Middle Class. Once Republicans *and Pro-Business Democrats*, at the behest of their Plutocratic Masters, destroyed the manufacturing base, transformed the Nation into a service-based economy, and eliminated laws and regulations on the Financial Industry they made the bottom quarter of Americans into extraneous persons about whom they care not.

Reagan's marching orders from his rich handlers was to lower the Standard of Living for Americans. Because the Rich Neo-Feudalist Vulture Capitalists don't like a thriving Middle Class. The Middle Class which sees a stable long-term job, and retirement benefits for themselves and a rising future for their children is too unpredictable. They vote for and support evil things like Social Security, Medicare, Paid Family Leave, Sick Time and so forth.

But, a beaten down working class, keeps their voices low and their necks bent when one of the Koch Brothers walks by as to not displease the Titan of Industry.

Tuesday, October 20, 2015

Who does Sean Hannity think he's hurting when he threatens to quit working?

The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state. - Adam Smith, Of Taxes, Wealth of Nations (pg. 498)
Please, proceed Sean. By all means, Go Galt. Go... Leave...

Sean Hannity recently conducted an interview with Nice Polite Republican Lincoln Chafee after the Democratic Debate. During the interview, Hannity and Chafee spared over raising taxes. As the back-and-forth continued about taxes Hannity, in a petulant fit, fished around in his pants, took out a wad of cash, and threw it in the air exclaiming, "Hang on. Hang on. I’ll give it to the government, hand it over. Why should I work?"

It's the last rhetorical question by Hannity that caught my attention. Exactly, what "work" does Sean Hannity do that's so indespensible? Does Sean believe that if he was to Shrug and Go Galt his radio show and tv hour would be replaced with naught but static? That no one else can do what he does?

Sean Hannity is One in a Million, by which I mean there are a million other conservatives eager to step into his spot as a loud-mouthed, know-nothing, conservative blowhard.

I don't judge a person's worth by their working utility, that's Hannity's and a Right-Wing metric. But, by his own standard Sean Hannity is worthless.

Ah, but to the Vulture Capitalists who employ him, Sean Hannity is a jewel, a rare treasure. You see Sean Hannity is paid vast sums of money to convince poor conservatives to support policies which demonstrably hurt them and the rest of the 99%. Sean Hannity is the Mouth of Sauron for the Plutocracy. His "work" is to pass on the Idealogy of the Wealthy and get the poor to accept it.

As Paulo Freire noted in Pedagogy of the Oppressed,
The dominant elites, on the other hand, can - and do -think without the people - although they do not permit themselves the luxury of failing to think about the people in order to know them better and thus dominant them more efficiently. Consequently, any apparent dialogue or communication between the elites and the masses is really the depositing of "communiques," whose contents are intended to exercise a domesticating influence. (pg. 112)
When Sean Hannity speaks or when erstwhile Catholic Brian Kilmeade attacks the Pope and says the Pope "should go home" because "he's in the wrong country" and declares "America is Capitalist", or when Stuart Varney with his affected RP accent declares "the Poor lack a richness of spirit" they and every other right-wing loudmouth is passing along the agenda of the Rich.

None, of the Faux News talkers or Conservative Internet bloggers could survive actually working real jobs, it's why they are so rabid in their defense of Capitalism. Without being paid to "catapult the propaganda" the Right-Wing Internet fart bubble would burst and those conservatives paid handsomely to sit on their expansive derrieres and expound on the beauty of Capitalism, would starve because, without food stamps, none of them could earn enough doing actual labor to eat.

Thursday, August 13, 2015

Scott Walker's Socialism for the Rich and Cut-Throat Capitalism for the Poor

"Socialism, communism, whatever you want to call it, is never the answer." - Hank Steinbrenner, who received $1,200,000,000 Billion Dollars from the taxpayers of the City and State of New York to pay for the building of his baseball stadium.
Here's how Capitalism works in America. When a "private" business wants huge wads of taxpayer "relief" to finance some project, the discussion becomes a lofty, Grandiose debate on Utilitarian Principles and the greatest good for the greatest number; Highlighting the vast network of ancillary benefits to businesses, the community, the neighborhood, and the government. 

Therefore, it's only good and proper the Rich receive help. Also this is not Socialism. But, under Vulture Capitalism when were are talking about helping poor people with food assistance? Well, then the howls of lazy moochers and the mean-spirited tired cliche of 'feeding wild animals makes them too dependent' are trotted out. Also this is Socialism.

Wisconsin Governor Scott Walker announced his plan to enact Socialism in Wisconsin. It's just that like all Republicans, Scott Walker believes in taking money from the Working Class and giving it to the Plutocracy. Socialism for the Rich and Corporations and Cut-Throat Capitalism for the Poor is the motto of the Modern Republican Party.

After slashing $250 million from the Wisconsin budget for Education, Scott Walker brazenly turned around, and in a massive Pay-to-Play Scam, gave Millionaires (who contributed vast amounts of money to his two election campaigns, recall fight, and Presidential Super PAC) hundreds of millions of taxpayer dollars to pay for their new Milwaukee Bucks Basketball Stadium.

Scott Walker's entire governorship has been the forcible theft of Public Lands, Resources, and Monies for redistribution upwards to the Rich. That he feels free to do this so brazenly during the run-up to the 2016 Republican Nomination shows, that Walker would steal Billions from the American people writ large and transfer those monies up to the Plutocracy using the Awesome Power of the Federal Government.

Tuesday, August 4, 2015

What's behind the rightwing whine that white males are the most discriminated against group in the US?

Continuing the ideas expressed in an earlier post, Why was the Reagan Campaign of White Resentment and the continuing Conservative effort to keep whites incensed while convincing mainly white men that in fact they are the most wronged, the most persecuted, the most oppressed "minority" in the U.S. been so successful?

Well, because it's partially true, in the sense that a white conservative male could be guaranteed a certain minimum lifestyle, job, and opportunities, despite gross inadequacies.

All white men needed to do was dutifully support the Plutocracy and their guard dogs in the Republican Party and a good job, decent pay, a social safety net and freedom from maltreatment from the police state would be theirs. White Privilege used to mean there was a certain floor under which no white male would be allowed to fall.

But, Capitalism cares not for national boundaries or peoples or social contracts, once the American Worker became too expensive the American Worker needed to be downsized.

Since the Reagan Revolution their Corporate Overlords have broken the contract they had with white men and now conservatives are being treated by Capitalism and the Corporate State the same way blacks, women and immigrants have always been treated; as disposable goods.

Thus, The Reagan Revolution was the Destruction of the American Dream and the reduction of the American Citizen to a Wage Slave bargaining his wages against the vastly cheaper workers Capitalism could utilize in the Third World.

White men don't like it, and have been searching for a reason why their standard of living has gone down despite working longer hours, being more productive, having to pick up extra jobs to supplement his declining earning power, while his wife also has to work not as a luxury but as a necessity.
"You work three job? Uniquely American isn't it. I mean, it's fantastic that you're doing that." - W(orst POTUS in history) 2005.
After dutifully supporting George W(orst POTUS Ever) Bush no matter what evil and awful War Crimes the Bush/Cheney Regime committed or the $10 Trillion dollars Bush stole from the American people or the lives of hundreds of thousands of Americans their warmongering cost, now Conservatives want to know what happened to the American Dream.

But, it's too late. For 35 years, Toxic Right-Wing Talk Radio, Faux News, and now the Incestuous Conservative Internet Bubble has been making sure Conservatives were suitably brain-washed to be outraged at Steak-Eatin' Young Bucks, Welfare Queens, the Lucky Poor, Teachers, Women, Gays and Illegal Immigrants instead of America's True Enemy, the Plutocracy.
"The first step is, we're going to deal with collective bargaining for all public employee unions, because you use divide and conquer.” - Wisconsin Governor and Presidential hopeful Scott Walker.
Thus, despite stated Republican Goals of stealing Social Security, "phasing out" Medicare, reducing Workers' Rights, eliminating welfare for the poor while increasing it for Corporations, and turning every American into a 3 Jobs-a-Day Wage Slave, conservatives still support Republicans because conservatives suffer from battered spousal syndrome and they can't break free of their abusive Right-Wing Masters, who ensure they vote to enslave themselves by saying,
"I don't want to make blaaack peoples lives better by giving them somebody else's money," Rick Santorum in Iowa 2012.
Now, a sizable portion of the right-wing voting base are absolute racists who hate people of color, and these are the ones fueling Donald Trump's "popularity". Trump, an absolute joke of a human being, is leading by saying what every Republican, since Nixon crafted the phrase Law & Order, has been saying just without the code words and dog whistles.

This worries Reince Priebus, the RNC, the Koch Brothers and the Plutocracy because appealing to the racist vote is something they would rather do behind closed doors, similar to Mitt Romney's infamous 47% Speech.

So, I hope Hillary Clinton (or whomever wins the Democratic Nomination) does not make the mistake of tacking towards the Right in order to slice of a portion of the Fragile White Abused Conservative Whiner vote. It's a losing formula. Democrats need to keep the focus on what they stand for, point out Republicans actually hate the angry white man they've been cultivating for decades, and demonstrate that the Reason White America feels it's lost the American Dream is because the Republican Party has stolen it.

Friday, February 27, 2015

Sleeping Truck Drivers and Fatal Accidents are another gift from Capitalism

A Semi-Truck accident from 2014 is back in the news and it highlights the problem of sleeping truck drivers but not the underlying cause.

Last January 27th in the Chicagoland area, a truck driver Renato Velasquez fell asleep at the wheel and crashed into a State Police Crusier and an IDOT assistance truck which had stopped on I-88 near Route 59 to aid a stranded motorist. The IDOT worker Vincent Petrella was killed and the State Trooper Douglas Balder was severely injured.

Velasquez' trial has begun and he is being charged with operating a commercial motor vehicle while fatigued or impaired and making a false report of his record and duty status.

Prosecutors stated Velasquez frequently, falsified his in-cab log books to indicate he was abiding by federal rules that require truck drivers to sleep for 10 consecutive hours after driving for 11 hours.

In Illinois, the only change to Highway Traffic Laws passed recently was State Senator Jim Oberweis speed limit increase, which he pushed through in order that his delivery truck drivers could go 70+mph to make him more money on his Dairy Empire. Safety of truck drivers and everyone else in Illinois be damned.

Truck Drivers are rountinely given timetables which require them to either: 1) Speed or 2) Eschew Sleep in order to get their loads on schedule.

A quick perusal will find dozens of news stories of sleeping truck drivers and several spectacular crashes caught on video. The underlying cause for all of them is the Capitalist System which has placed Profit over every other concern.

Do not fret though because the system is safe. After these accidents happen Capitalism will never be charged, will never be questioned, the individual truck driver will be punished for Capitalism's systemic flaws and disregard for the safety and well-being of those affected.

Tuesday, January 20, 2015

How Capitalism drives Crime but only dark skinned criminals concern Conservatives

I've left a bigoted rambling comment up on my post about John Wrana's death and the trial of Officer Craig Taylor because it is illustrative of a terrible blight on this nation, How Conservative Bigotry blinds them and thus they focus on only dark-skinned criminals.

Here is the comment from Rational Nauseous,
Marty King was a communist who cheated on his wife frequently. He was a tremendous advocate for Negro self-sufficiency and a color blind society. So we honor his memory by not working, not going to school etc. But to be honest, I think if Marty was still alive he would commit suicide, if he saw what direction the black community has taken. Lets see all the accomplishment that the blacks have made since Marty King’s days, Black folks has denigrated so very badly, with their stupid music, stupid cloths, pants sagging down and their ass cracks showing, their willing to stand out in the cold at shoe stores for days and nights for a pair of stupid sneakers from a basketball player, Michael Jordan endorsed and made a fortune from, their teenage pregnancies and parent homes, multiple fathers to litters of children drawing welfare checks and food stamps, drinking Booze in the streets and drunk driving, pointless killings, looting and burning down homes and store and calling it “protesting”
When it comes to MLKJr, Right-Wingers are flummoxed. They fervently tried to destroy his image, beliefs and works before and after murdering his body, but have been absolutely unsuccessful so conservatives have tried to co-opt Doctor King as one of them while still believing the John Bircher propaganda.

But, let's focus on the henious lies and ignorant bigotry throughout conservative thinking illustrated by Rational Nauseous; who ascribes crime, food stamps, absentee fathers and teenage pregnancies as something inherent in the black community.

These issues are endemic in all races and cultures. In fact, the overwhelming majority who use food stamps, SSDI and other government assistance programs are "white" people. Currently, white conservatives have convinced themselves they "earned" their medicare, social security benefits and blithely ignore crime and the fraying of society amongst "whites".

As Martin Luther King Jr, observed Rich White Men have always been able to convince poor whites that while they and their children may be sickly, uneducated and broken by poverty at least they're not black.

But, what every Police Officer knows is that poverty and lack of economic opportunities drives much* criminal activity.

We are a full generation into the Ronald Reagan destruction of the American Dream and elimination of the Middle Class. Crimes and abberant behavior once ascribed solely to black and brown communities is becoming common-place amongst whites. Once Republicans destroyed the manufacturing base, transformed the Nation into a service-based economy and eliminated laws and regulations on the Financial Industry they made the bottom quarter of Americans into extraneous persons about whom they care not one jot or tittle.

The Housing Crash and Republican Recession of 2007 showed, Capitalism cares nothing for your belief system and once Glorious Capitalism deems you expendable then you are expendable. This is something African-American, Asian, and Hispanic communities have known for generations.

In some ways the Creation of the Tea Party was a response to Capitalism's evil treatment of the white American Working Class until the Koch Brothers and their Republican Operatives quickly usurped authority and transformed Tea Baggers into a lobbying arm for Plutocratic interests, while ensuring the anger of the white community was transfered from the Destructive nature of Capitalism and Corporate Criminality towards Government and the Social Safety Net.

David Simon, creator of The Wire, Treme and former reporter the Baltimore Sun correctly observed once economic opportunities were taken away so-called drug crime became the only option in minority communities,
"We do not need 10-12% of our population; they've been abandoned. They don't have barbed wire around them, but they might as well." As a result, "drugs are the only industry left in places such as Baltimore and east St Louis" – an industry that employs "children, old people, people who've been shooting drugs for 20 years, it doesn't matter. It's the only factory that's still open. The doors are open. Capitalism has tried to jail its way out of the problem, the prison industry has been given over to capitalism. If we need to get rid of these people, we might as well make some money out of getting rid of them."
           
It is not an inherent criminal nature in black and brown communities it's a systematic denial of the American Dream which fueled much of the crime in those communities.

Now we see Capitalism has throw aside the poor white communities and undermined the Middle Class Dream of White America.

Saturday, April 12, 2014

401(k) amounts to Businesses Taxing your Income and to Grand Larceny of your retirement savings

Companies love the 401(k) System because it amounts to Private Enterprises being able to Tax American Workers.

Americans hold $4.2 trillion in 401(k) plans, according to the Investment Company Institute. An additional $6.5 trillion is in Individual Retirement Accounts.

A Defined Benefit pension plan is superior to 401(k) which is why Corporations don't like them. Corporations don't want workers who have assured retirement benefits, they want workers who are slightly desperate and willing to agree to whatever Ownership wants for fear of losing everything.

But, in keeping with the Neoliberal Economic Assault on 99% of Americans the 401(k) plan was sold to America as a superior way for you to manage your retirement! But, all 401(k) turned out to be was another mechanism for Corporations to steal your money.

If you happen to be planning on retiring during one of Capitalism regular crisises say 2001 or 2007 for instance, well then you are truly screwed because the 401(k) you've been contributing too and the market in general, probably lost 50% or more of its' value.

But, it's the day-to-day, year after year nickel-and-diming fees which eventually allow Hedge Funds to steal thousands of dollars from your retirement account.

From the Center for American Progress (CAP) comes a study of the impact the often hidden fees which Wealth Mismanagement Firms use to siphon off your retirement funds.

The CAP study showed how raising the annual fee from 0.25% to 1% or 1.25% would take $70,000 to $100,000 from the employees 401(k) account.

Putting aside the current American Job Market where no employee is going to last 30 years at a company offering up to 5% matching funds for your 401(k) account, the bigger picture is the continuing Legerdemain and accounting gimmicks Hedge Funds use.

One of the ways, Vultures like Wealth Mismanagement Pro Bruce Rauner caused the Illinois Pension Crisis was by charging fees. Rauner's firm GTCR and other Hedge Funds gained access to Public Pensions in the 1990's and now we find they are underfunded.

By Rauner's own admission 2/3rds of GTCR funds were supplied by Public Pensions. In Illinois GTCR has "managed" money for the Illinois Teachers' Retirement System (TRS) and the Illinois State Board of Investment, the state's largest and third-largest, respectively. Additionally, GTCR had access to state and municipal pension plans from the San Francisco City and County Employees' Retirement System to the Massachusetts Pension Reserves Investment Management Board. 

For this "work" GTCR, takes consultation and management fees. Bruce Rauner got paid no matter what the funds he "managed" did.

So, it's not surprising that Illinois and other Public Pensions began to go into insolvency once Vandal Capitalists got their hands on the funds. In fiscal year 2009, TRS lost $4.4 Billion (22% of its' value) in 2008 TRS lost 5% of it's value because of the Management of their Portfolios by Rauner-types.

Hedge Funds aren't growing wealth, they are parasitic Rentiers clinging to productive workers, like Teachers, sucking money from the Working Class like leeches and Vultures.

Friday, February 28, 2014

Bruce Rauner like all Plutocrats is a Vandal. Illlinois Public Pension insolvency is his and other Capitalists fault

Bruce Rauner is running for Governor of Illinois. He'll have to win the Republican Primary for a chance to square off against Governor Quinn in the general election. Rauner's sole remaining competition for the Republican Primary is Kirk Dillard after Rauner's Squad eliminated Dan Rutherford's chances with allegations of Sexual Harassment and a homosexual relationship with an intern.

Billionaire Bruce Rauner is an implacable foe of Working people in Illinois. Besides vowing to reduce Illinois' Minimum Wage to make Illinois workers more appealing to Corporate Wage Slavers, once he wins, a Governor Bruce Rauner will do to the State and citizens of Illinois what he and other Capitalists have done to Illinois Public Pensions, they will cart off all the assets in a legislative orgy of Vandalism.

Because that is what Bruce Rauner is; A Vandal, in the most ancient sense of the term. Rauner's entire fortune has been made from identifying previously existing wealth charging in and looting it.

Bruce Rauner worked for 30 years at "Wealth Management" Firm GTCR, the R for Rauner was added during his tenure. Rauner's firm "managed" Public Pensions for nearly two decades. Now, after Rauner and other Vandal Capitalists have had access to Pensions, surprise Illinois is facing a massive Pension Crisis.

By Rauner's own estimate 2/3rds of GTCR funds were supplied by Public Pensions. Here in Illinois
GTCR has "managed" money for the Illinois Teachers' Retirement System (TRS) and the Illinois State Board of Investment, the state's largest and third-largest, respectively. Additionally, GTCR had access to state and municipal pension plans from the San Francisco City and County Employees' Retirement System to the Massachusetts Pension Reserves Investment Management Board. 

For this "work" GTCR, takes a 20% or more slice plus consultation and management fees. Rauner got paid no matter what the funds he "managed" did.

So, it's not surprising that Illinois and other Public Pensions began to go into insolvency once Vandal Capitalists got their hands on the funds. In fiscal year 2009, TRS lost $4.4 Billion (22% of its' value) in 2008 TRS lost 5% of it's value because of the Management of their Portfolios by Rauner-types.

The Wall Street-Hedge Fund-Wealth Management Implosion of 2007 and on-going Republican Recession was the end result of unchaining Capitalism and opening up the gates to the Vandal Capitalists like Rauner. The Vandals took the secure Public backed funds from dozens of states, hundreds of municipalities and Unions and stole them.

Bruce Rauner's not alone in the Vandal Capitalist method. It's the method de rigueur of the 1%.
"The problem is that the world and this country should not talk about envy of the 1 percent. It should talk about emulating the 1 percent. The 1 percent work harder. The 1 percent are much bigger factors in all forms of our society." Sam Zell, in defense of Tom Perkins who compared the Working Class to Nazis.
The 1% do work hard. It takes a lot of gall for the Vandals to raid, loot and plunder and call themselves Job Creators.

Chris Hayes summed up Zell's "business" model,
Let me tell you something about Sam Zell. He bought The Tribune Company in 2008 for $8.2 billion, an extremely highly leveraged deal. It was widely regarded. I reported on it at the time as an unsustainable debt structure that would implode in on itself.  
Well, guess what? Less than a year, the company went bankrupt, listing $7.6 billion in assets and $13 billion in debt. More than 4,200 people lost their jobs. But despite the company`s troubles, executives received tens of millions of dollars in bonuses. 
Sam Zell is like the action movie hero who throws the lighter behind him not bothering to look back at the explosion. That`s Sam Zell.
Zell bought the Tribune Company and loaded them up with debt ($13 billion) as he drained the companies assets then had them claim bankruptcy and sold off the Chicago Cubs to the semi-odious Billionaire Rickets Family.

Loading debt onto companies in highly leveraged deals is a classic technique Zell and Mitt Romney have profited from immensely. This is the Hard Work that Zell, Rauner, Romney, Steven Cohen, Paul E. Singer, Stephen Schwarzman, Clifford S. Asness, the Koch Brothers, and Tom Perkins demand to be lauded for, deferred to and praised.

The Vandals have already sacked the Public Pensions. With the help of Republican Governors, like Koch Brothers controlled Scott Walker in Wisconsin, several states have fallen to the rapacious hunger of the Vandal Capitalists.

If Bruce Rauner makes his way into Springfield as the Governor of Illinois, another gate will be thrown open to his Looting brethren and Illinois will be Sacked, just as the Vandals have done to other States.

Thursday, January 23, 2014

Advancing the Free Enterprise System upon the backs of the Working Class in 2014

"They don’t have a true free enterprise system." - Representative Paul Ryan. Erstwhile Catholic Paul Ryan shows his true allegiance as he disagrees with The Pope in order to defend his True Lord, the American One Percent.

Paul Ryan's family "made" all their money by government contracts while Ryan himself went on the government dole after a mere 6 months as a "Businessman". Last year during the Republican coup d'état to overthrow Democracy and install Corporate Control of the Nation, Ryan let on to the real reason the Right was and still is trying to sabotage the now wildly successful ACA, "we're not going to give up on destroying the health care system for the American people."

There are three canards which Right-Wingers repeatedly trot out as the be all, end all; Privatization, Deregulation, and Taxpayer Welfare for the Rich.

What the Republicans and their Moneyed Masters really mean when they recite their mantras is the 1% plans to use the Awesome Power of Government to siphon off money from the from the Poor and Working Class and transfer it to the Rich.

What they seek is giving Corporations and the Rich total economic control over the Nation. The great trick, ALEC and the Rich have pulled is stealing from and oppressing people and getting those people to blame the Government for it.

Freedom Industries poisoned the entire water supply for 300,000 Americans in West Virginia an incident which would have Faux News calling for Jack Bauer to torture every brown person he could find and the Impeachment of President Obama if it was alleged to have been caused by muslim terrorists. Yet, since it was due to the criminal negligence and malfeasance of a Corporation, Speaker of the House John Boehner immediately put the blame on Too Much Regulation and... President Obama.

Freedom Industries recently filed for Bankruptcy protection to ensure they are protected from financial responsibility as well as being protected from criminal prosecution.

Meanwhile, the type of American that Republicans love and conservatism breeds is Terry Rupe of Kentucky. Mr. Rupe receives federal assistance especially medical care for his daughter.
"I don't have any use for the federal government," Rupe said, even though his household's $13,000 yearly income comes exclusively from Washington. "[T]hey've never done anything for me. I'm not ungrateful, but I don't have much faith in this health care law. Do I think it's going to work? No. Do I think it's going to bankrupt the country? Yes."
Getting people to vote themselves into Wage Slavery and Corporate Bondage.
"And the Post Office actually has some real assets. They have real estate, they have an overfunded pension fund..."
Here is Steve Forbes licking his chops at getting at the Post Office Pension where Wall Street financiers can clip it and whittle it away, as they have done to other State Pensions, until the workers have nothing and Forbes has several million more in off-shore bank accounts.

Modern Capitalists like Steve Forbes don't create anything these days, and this is the way the Current Robber Barons are different and perhaps even worse than the Rockefeller's, Mellon's and Morgans of the 19th century. That is the Free Enterprise System Paul Ryan wants to implement. A system in which money is taken from the Workers and given to the Capitalists by Republican Goons.

The bigger a Corporation gets the less and less in real dollars they end up paying in taxes.

ESPN the "Worldwide Leader" in Sports Broadcasting has received $260 Million over 12 years in taxpayer Welfare. Big Fish swim for free. Most subscriber packages come with ESPN and since Americans can't customize their cable choices not only do you have to pay a fee for having the privilege to have ESPN but, part of your taxes subsidizes their existence.

From 2011 through 2012, the CEOs of the top six publicly held fast food chains including McDonald's, Yum! Brands, Wendy's, Burger King, Domino's and Dunkin' Brands, hauled in more than $183 million in fully tax deductible "performance pay," lowering their companies’ IRS bills by an estimated $64 million. "Performance Pay" is a euphemism for taxpayer funded welfare for Billionaires.

In 2009, dozens of American Plutocrats sued to keep their names secret as the Department of Justice began investigating the Swiss-based Banking Giant UBS. It turned out that in the last days of the George W(orst President Ever) Bush Regime, 52,000 Americans illegally stole and moved Hundreds of Billions of purloined loot from the United States into Switzerland. 6 months later UBS agreed to pay a $780 million dollar fine (an unheard of event in the history of Swiss Banking) to keep the names and total dollar amounts stolen secret.

Now, RNC propagandists Reince Priebus and Solomon Yue are pushing for a repeal of the Foreign Account Tax Compliance Act (FATCA), which is set to take effect on 07/01/14.

Approved in 2010 after a tax-avoidance scandal involving a Swiss bank, FATCA requires most foreign banks and investment funds to report to the U.S. Internal Revenue Service information about U.S. customers' accounts worth $50,000 or more.

Of course, the Super Rich who control this country want the Law repealed. The Rich in this Nation aren't increasing the wealth through elbow grease and hard work but through byzantine tax laws, legerdemain and political control.

The American Plutocratic Overlords do want a smaller government; small enough to fit in their pocket. And that is what their Wholly Owned Republican and Pro-Business Democratic henchmen are paid to accomplish.

Monday, December 30, 2013

Jim Oberweis uses his Government position to make money for his Business

Illinois State Senator Jim Oberweis is mad that the Illinois Department of Transportation (IDOT) has not raised the speed limit in and around Chicago to 70mph.

Oberweis said he was upset that IDOT, which had the authority to draw up the speed limit map, left unchanged the 55-mph speed limit across virtually all of the Chicago region

"It's just clear that they (IDOT) are disregarding the will of the people." Oberweis said, adding that the interstates are designed to handle vehicles traveling 70 mph and speed limits were set at that level before the federal government imposed a national 55-mph limit in 1974. That limit was scrapped in 1995, and states across the U.S. have been raising highway speed limits since then.

Of course, Oberweis has a massive dairy production and retail corporation which relies heavily upon the Illinois infrastructure for the distribution of his product. Oberweis also distributes to Wisconsin and Indiana.

Oberweis said he will try to bring his push for 70-mph Chicago-area speed limits to the legislature and may settle on a 65-mph limit.

And the damage to roadways, necessary improvements and construction well those costs will be borne by the taxpayer.

Of course, earlier this month Oberweis voted to steal Teacher Pensions and violate the contracts signed by other Illinois Public employees. Oberweis called the Pension Theft a "step in the right direction" but was worried, "There is no guarantee that the money saved by these reforms will actually be used to pay down debt, instead of being used for new programs." Paying down the debt means transferring taxpayer money to Corporations.

When it comes to making him money Oberweis will use all the power of his Government position to advance his private corporation. Jim Oberweis is planning a run for the U.S. Senate so that he can make taxpayers from across the Nation pay to maintain his Corporation.

This is just another example of American Capitalism, Profits are Privatized and Costs are Socialized.

Wednesday, December 11, 2013

Office Depot Capitalists demand Illinois Taxpayers pay them or else

Corporate Tax Subsides should be relabeled The Pleasure of Working For Us Tax. Office Depot and OfficeMax merged earlier this year and since that business announcement have been playing Illinois and Florida off against each other in the never ending Race-to-the-Bottom.

This has been a standard tactic of Corporations. They learned long ago workers are interchangeable and that by going to legislatures they could get State Governments to provide them with legally constructed tax havens and public assistance.

On December 10th, Office Depot announced their newly merged company will put its headquarters in Boca Raton, not at the existing OfficeMax offices in Naperville, Illinois. This despite a promise by the Illinois Government to pay them $53 million in welfare over 15 years.

And all Office Depot would have had to do would be to promise to keep 2000 clerical jobs in Illinois for that welfare. The vast majority of products sold in these stores are not made in Illinois or Florida, but China. Some paper products are produced by the Illinois company North American Paper.

So, while the Office Depot Corporate Welfare deal fell through, Sears Inc and CME Group still received millions of Illinois Tax Payer Dollars in the last 2 years and are promised hundreds of millions more over the next decade and a half.

Meanwhile, 80,000 Illinois residents are set to lose Federal Unemployment benefits in January, while 109,000 Illinois residents collecting State benefits would be unaffected at first.
"While today’s job growth allows most newly unemployed individuals to find work after a several weeks, the long-term unemployed face additional hurdles," Illinois Department of Employment Security (IDES) Director Jay Rowell said in a prepared statement." Ending this modest program based on a calendar date rather than economic principles and job skills could slow economic growth."
That's because benefits paid to Illinois residents are often immediately are pumped back into the economy in terms of purchases or rent, while money given to Corporations is funneled away from the state. After Sears received their Illinois Welfare in December 2011 they closed 2 Sears and 3 K-Mart stores in the State, 3 months later. They got their money from the State and left.

"I'm a Wealth of Nations guy," Republican Congressman So and So stated on MSNBC during the Republican Government Shutdown.

I seriously doubt that Republican So and So has actually read The Wealth of Nations. It's one of those books people place on their mantle to look smart and a phrase that right-wingers trot out as way of an argument instead of actually defending their positions. 

It's allows the Republican or Right-Winger to merely say the words, 'Bible. Wealth of Nations. Freedom. Flag. Founding Fathers. Ronald Reagan.' They don't actually say anything when confronted on the actual failings of their sick and twisted ideology.

Similarly, when Republicans want to attack they say, 'Liberalism. Marxism. Entitlements. Mainstream Media.' and so forth.

It's not an actual argument to make vague allusions to phrases or concepts but it is a good stimulus-response mechanism. It's all designed to invoke emotional r-brain responses in their duped and unthinking conservatives dronez.

What we are seeing in Illinois with Sears, CME Group and Office Depot and with thousands of Corporations across the Nation is Capitalism in action. Capitalism is the Privatizing of Profits and the Subsidizing of Losses.

Friday, December 6, 2013

Pension Theft the latest Capitalist Scheme

"Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. Purge the rottenness out of the system. High costs of living and high living will come down... enterprising people will pick up the wrecks from less competent people," Secretary of Treasury Andrew Mellon to President Herbert Hoover in 1931.
The politics of Neoliberal Capitalism require the destruction of the wealth and political power of the 99% for the enrichment of the 1%.

Pension Theft is now the latest in the arsenal.

For years Pensions and State Budgets have been underfunded because Corporations have engaged in political shenanigans getting more and more byzantine tax codes which end up with Corporations paying negative tax rates. Now, that the outcome is a "Pension Crisis" those same pensions which were funded only by Working Class people are going to be raided to transfer those monies to Corporations.

During the same Illinois Congressional Session in which Pension Theft was approved, the State Legislators voted to provide more taxpayer subsidies to Corporations. Under SB1, four of the five state pension systems: teachers, university employees, legislators and state government employees will be changed. Judges' pensions will not be affected. Read details and reactions to SB1 here.

This is just the latest salvo in the transfer of working class people's money to the 1%.

Workers have been dutifully making their contributions into the Pension system now the States are going to raid those Pension funds to give that money to Corporations.

For years, State Governments have given taxpayer welfare to Corporate Monsters under the guise of  'Job Creation' while also creating a byzantine tax code which taxes Corporations at 1/100th of 1%, thus the budget deficit caused underfunding of State Pensions.

Two years ago Illinois gave special tax status to Sears and this year Office Max/DePot has used the same gambit to extract a similar special tax exemption status.

Here is what Sears extorted from Governor Pat Quinn in December 2011;
The deal gives Sears tax credits worth $15 million a year for 10 years, which it can use against withheld employee income taxes. The deal also would extend a special taxing district, reducing the company's local property tax bill for another 15 years.
Sears Holding Corporation got a special property tax zone in Illinois. Sears Corporate Headquarters is located in Hoffman Estates, Illinois. Through accounting gimmicks and legerdemain Sears transfers money electronically from other stores in other states into the Corporate HQ special tax zone, those monies will then be listed on the Corporate profit sheet and will be accounted under the special taxation rate. This is known as the Las Vegas Loophole.

For years public-sector workers were paid less than those in the private sphere but, to make up for it public employees bargained for and signed legal contracts for Pensions and other benefits. Ah, but since the 1970's, Capitalists and their Government stooges have sought to undermine the advances of Unions and Progressives in creating living wages and worker protections.
"The standard of living of the average American has to decline." Paul Volcker, Chairman of the Federal Reserve 1979-1987.
The rise of computerization, jet speed air travel, off-shoring of jobs, importing of immigrants, increased participation of women in the workforce ended the Post World War II rise in wages and ushered in the Era of Neoliberal Capitalism.

All of sudden non-public sector employees wages stagnated and began to drop, jobs disappeared, and private pensions withered until they no longer exist at all.

Now, what did the brilliant Capitalists do? As they undercut and downsized their desperate workers, Plutocrats turned around and told workers it wasn't fair teachers still had rising wages and pensions.

Think Tanks set up by Billionaires staffed with right-wing drones and power apologists began to beat the drums, not to increase wages for workers in private companies, but to tear down teachers and other public sector employees,
"We are going to take on education next. Go after the Teachers and the Union organizers." - Andrew DEADbart on Sean Hannity's show, 18 April 2011.
The same right-wing drones who hate Unions, support the elimination of unemployment coverage, food stamps or medicaid, and advocate the abolishment of minimum wage because low-wage workers need incentives in order to work hard, turned right around and defended massive payments to CEOs as necessary to retain the "best and brightest", emergency TARP baillouts and Taxpayer welfare for Oil Conglomerates and decreasing taxes on Corporations in order to entice 'Job Creators'.

Capitalism is coming to it's natural conclusion the destruction and enslavement of the Working Class and a transformation of Nation-States into Neo-Feudalist Wage Slave State.

Capitalists have been working to eliminate restrictions on the flow of capital across borders and to force American workers to pit their labor costs against that of workers anywhere in the World.

No rich person ever created a job. Jobs exist because enough people have a demand for a good or service. A 'Job Creator' might have a fantastic vision of the premier cuneiform writing stylus but all the tax breaks and government subsides to him aren't going to create the demand for his clay tablets.

But, it's not the Republicans and Pro-Business Democrats don't know this, they do, it's that their job as the lap dogs of the Plutocracy to ensure that Tax Dollars are funnelled into the coffers of the 1%.

The End State, here, is a US which provides no protection for workers, which eliminates pesky anti-pollution laws and regulations on Corporate negligence, defends the Right of the Rich to engage in wage thievery and create smaller Government, one just small enough to fit into the pocket of the Plutocracy.

Friday, November 29, 2013

Defend the Vatican Attack the Pope

Right-Wingers are geniuses. They are able to hold two ideas in direct opposition in their head at the same time.

The United States is closing it's Embassy in Vatican City and consolidating it with the Embassy and Consulate grounds the US has in Rome and throughout the Italian Peninsula.

Ka-boom! Right-Wingers took to their fainting couches to bemoan President Obama's continuing attacks on all that is Holy.

How is Nicholas Cage supposed to find the secret documents in the Vatican Archives which prove that Jesus hand wrote the Constitution so that conservatives could use their guns to crush liberal communists and rule America with an Iron Fist?

Of course, there isn't a U.S. Embassy in Vatican City, which is less than 1 mile across and doesn't have grounds for anything not associated with the Church, but hey details and truth are anathema to conservatives.

But... A funny thing happened recently. The New Pope Francis, having been born in Argentina (albeit safely from Italian immigrant parents) has been using the Papal Pulpit to point out how evil Capitalism actually is and how the unholy pursuit of money has led to huge suffering amongst people considered by Capitalists as disposable.

How can it be that it is not a news item when an elderly home- less person dies of exposure, but it is news when the stock market loses two points?  
Human beings are themselves considered consumer goods to be used and then discarded.  
In this context, some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naïve trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system. Meanwhile, the excluded are still waiting.  
A new tyranny is thus born, invisible and often virtual, which unilaterally and relentlessly imposes its own laws and rules
Everything the Pope has commented upon is the reflected in Dominant Ayn Randian Culture in America. Despicable Capitalists, guarded by their Republican lap dogs and Pro-Business Democrats, and serviced by well-paid media sycophants have introduced the vicious Rule of the 1% and their Piss Down Your Back and Tell You It's Raining Prosperity upon the Nation, where the Mass of Humanity is nothing and the beautiful, rich 'job-creator' class is everything. 

It so alarmed Rupert Murdoch and other Plutocratic swine the Media was brought in to begin the attacks on the Pope.

Faux News resident Upper Class Twit Stuart Varney, a reliably asinine Tory who holds nothing but hatred towards the poor, but is a stupid conservatives ideal of a smart man because he speaks with a RP accent, took time to scold the Pope and defend his Moneyed Masters.

Racist Limpballs (Rush Limbaugh), King of the Conservatives, managed to take time away from his dreams of raping Sandra Fluke and whatever other woman he wants, to decry the "pure marxism coming out of the mouth of the Pope". We all know what comes out of the mouth of Limpballs.

American Catholics, who have for years given their support to Republicans and the Right, are in for a shock when their "brethren" the anti-human, let'em die, kill the poor, guardians of Plutocracy and Vulture Capitalists, turn upon them.

They'll be surprised when conservatives begin to spit out epithets like papists and defame the 'Bishop of Rome' while expecting Catholics to toe-the-line and prostrate themselves in front of the conservative idols of Oppression, Subjugation, and adulation of the Rich.

And they'll be forced to choose between Supply-Side Jesus and the Vicar of Christ. Interesting times indeed.

Thursday, November 21, 2013

Welcome to Capitalism, America.

Capitalism is impoverishing and despoiling America.

The increasing unemployment. The transformation of the United States from a manufacturing powerhouse to a service-based industry. The creation of a economy built on the hedge-fund gambling, legerdemain and chicanery of Banking Institutions. The destruction of the Appalachian mountains for strip mining, the wholesale dumping of thousands of tons of petcoke in poor Chicago and Detroit neighborhoods are the end product of Capitalism.

For years Americans enjoyed the "benefits" of Capitalism as wage slaves in third world nations made products and corrupt banana republics gleefully exported their natural resources for Corporate exploitation.

But, while Labor Unions were shedding their blood and generations of Americans fought for better working conditions benefits and pay here at home, Capitalists were fighting back.

Prior to the modern age, Capitalists employed two basic weapons, illegal immigration and off-shoring of jobs. The Rich are fully in support of illegal immigration because it imports workers who are willing to do jobs here in the United States for lower pay, no benefits and if something happens to them those workers have little recourse or legal options.

But, Capitalists have also fought for years to break down barriers across Nation-States to make capital liquid, because once capital can flow freely then labor can be completely undercut.

NAFTA, CAFTA and the Trans Pacific Partnership are efforts by the 1% to be able to move their capital quickly and without restraint and to "create jobs" where costs are the cheapest. The 'Job Creators' touted by Republicans have no connection to the United States and see no difference between a Mexican worker, an Indonesian worker or an American. To the Job Creators whomever they can pay the lowest pay up to and including outright slavery is the "best".

Those manufacturing jobs currently in China and various third-world wage slave dictatorships are not coming back to the US. Until the day when US labor costs less than that overseas, worker protections are eliminated and anti-pollution regulations are stricken from law by Republican operatives.

What Libertarians and free-marketers don't understand and can't believe is one day they will be treated by Capitalism, the way Capitalism has treated the rest of the world.

And that is Capitalism; it's the impoverishment and enslaving of 99% of the world to enrich 1%.

Monday, August 12, 2013

Capitalism is just Feudalism with a new name

Well, the classic defense of capitalism as a system from much of its history has been, okay, it has this or that flaw. But it quote, unquote, "delivers the goods." The reality is that for at least 30 years now, that isn't true. For the majority of people, capitalism is not delivering the goods. It is delivering, arguably, the bads. - Richard Wolff, 08/09/13 during an interview by Bill Moyers

Wolff mentions during his great interview and with his Capitalism Hits the Fan roadshow is that Real Wages have remained stagnant for 30+ years. Of course, during this time costs (Healthcare, College, Homes) have all gone up and the productivity of the American Worker has increased while his pay has not. Americans have tried to combat this with dual incomes and with increased overtime. But, it's been a losing cause as we've seen more and more wealth accumulate with the Top 1% and even faster with the Top 0.01%, a group which owns more wealth and assets than the 150 million Americans.

Medieval Serfs worked less days than we do today. Of course, religion allowed them the extra days off but besides a 3-4 day work week (excepting for Harvest) the other days were the Serfs to hunt, fish and forage in the Commons and Forests to supplement his meager living.

Feudal Lords took better care to protect Serfs than Corporate Overlords do today. Nowadays, Wage Theft and Wage Slavery are the norm.

Restaurateur David Dadon and his son Barry, formerly co-owned the State Street Grill, engaged in a lengthy scheme of wage theft stealing hundreds of thousands of dollars in alleged unpaid wages from their workers. Father and son have been arrested by U.S. Marshals and charged by the California Labor Department with a number of crimes, including grand theft of labor. The U.S. Chamber of Commerce is consistently against any protections for employees.

The Republican push to get overtime transferred into Compensated Time (CT) is a Grand Scheme to Bilk the working class of Billions in Pay. Overtime gets you extra money but the Republicans and their Corporate Overlords deem you to be their wage slave. The scheme is instead of paying you a company will create a bank of "CT" at a 1.5 to 1 ratio which a worker can then use to get an extra paid day off.

As masters of Orwellian Doublespeak, Eric Cantor and his Teahaddist co-sponsor Martha Roby titled their Wage Theft Bill, the Working Families Flexibility Act.

If a public employee is fired or retires their CT Bank must be paid out. Private sector workers are overwhelmingly at will. When your boss says 'No you can't use your CT', you can't and when you tell your boss you'd like the pay instead he'll give the overtime shift to someone else willing to take the comp time. And when your Company decides to fire you or when it goes belly up because the Owners are stealing are that bank of Comp Time you've saved won't be paid out to you the Invisible Hand will just make them vanish into the Free Market.

But, back in the Middle Ages Serfs could, sometimes, turn to the Church for comfort or aid or as a last bastion of assistance. Today, people had been able to count on the blessed reforms of FDR and LBJ to provide a Social Safety Net. Which is why ALEC, the Koch Brothers and the US Chamber of Commerce have demanded the Republicans (and Pro-Business Democrats) obliterate it.

And in a fight to rob Americans of the Birthrights and reduce us to penury and Wage Slavery no tactic is too despicable or too reprehensible. Which is why Republican Congressman Markwayne Mullin, invoked Ronald Reagan's Spectre of Welfare Queens and Steak-Eatin Young Bucks,
So I’m in Crystal City and I’m buying my groceries…and I noticed everybody was giving that card. They had these huge baskets, and I realized it was the first of the month. But then I’m looking over, and there’s a couple beside me.This guy was built like a brick house. I mean he had muscles all over him. He was in a little tank top and pair of shorts and really nice Nike shoes. And she was standing there, and she was all in shape and she looked like she had just come from a fitness program. She was in the spandex, and you know, they were both physically fit. And they go up in front of me and they pay with that card. Fraud. Absolute 100% all it is is fraud…it’s all over the place. And there you go, to the fact that we shouldn’t be supporting those who won’t work.
This anecdotal Bullshit story by Mullin is designed to work the struggling duped right-wing voter into a frenzy in which they'll help destroy the Social Safety net, because the 1% love nothing more than for Americans to fasten the chains of bondage upon themselves.

And now if you do manage to overcome the obstacles Corporate Hegemony has created with their Republican Hitmen and get a good education the Reactionary Republicans will steal you back into poverty by raising payroll taxes and student loan rates. And by voting over and over and over and over and over and over 40 times to repeal the ACA so that more of your shrinking assets will go towards Healthcare coverage while at the same time helping shield Corporate profits from taxation and creating offshore havens for tax evasion by the 1%.

Facebook made more than $1,000,000,000 dollars in profits last year and didn't pay taxes on that profit. 30 Massive Corporations led by GE, Verizon, Boeing made a combined $205 billion in profits between 2008 and 2011 and 26 paid no federal corporate income tax.

No area is safe from the despicable Republican perpetual motion machine of enslavement to Corporate Hegemony. They declare Government doesn't work and then set about undermining, sabotaging, defunding and lying about Laws, Regulations, and Governmental entities.

Texas Governor Rick Perry screeches, 
"Somebody has to tell the E.P.A. that we don’t need you monkeying around and fiddling around and getting in our business with every kind of regulation you can dream up,” he said. “You’re doing nothing more than killing jobs. It’s a cemetery for jobs at the E.P.A."
Republicans in the House have unveiled their budget which drastically cuts funding for the EPA. Republicans who have sworn fealty to the Koch Brothers have also declared regardless of evidence they will never support Carbon Taxes.

Under President George W(orst Ever) Bush, the EPA was undermanned, restricted and defunded, so that Corporations were able to do whatever they wished like BP repeatedly dumping tons of heavy metals and poisionous hydrocarbons into Lake Michigan from their Whiting, Indiana plant and gross negligence in the Gulf of Mexico.

The gross violations by BP or Boeing or the Koch Brothers are on the macro scale on the micro scale AOL CEO Tim Armstrong used a video conference call to frighten and overawe his wage slave by summarily firing an employee named Abel.
We are living in a Reactionary Time when aided by Republican Lap Dogs Corporations are running rampant over workers. Everything is designed to make the Working Class fearful and accept their lot in life until your status as a working class wage slave is hereditary. Just like Medieval Serfdom.

Tuesday, July 2, 2013

Student Debt Slavery No Bankers Left Behind

The federal Loan Rate for approximately 7 million Students doubled on Monday. Federal law has set the rate for new subsidized Stafford loans at 6.8 percent, up from 3.4 percent.

We are living in an Ultra-Reactionary Time when the Ruling Class doesn't just want to reassert the Dominance of Neo-Feudal Capitalism but crush the hopes of the Working Class and Middle Class.

So of course Congress didn't do anything about the Student Loan Rate. With a few exceptions Senators Elizabeth Warren and Bernie Sanders being the two loudest proponents, the Ultra- Reactionary Republican Party and the Pro-Business Democratic Party are enforcing the Neo-Liberal Economic Strategy in an attempt to grind the Middle Class out of existence and return the 99% to the Status of Wage Slavery; Cogs in the Gears of Industry and Massive Debt for a career in the Petty Bourgeoisie.

Of course, it shows the utter hyporcisy of the Free Marketers. The Stafford Loan rate isn't determined by "The Market" but by fiat from the Congress. So, it's just another way in which Capitalism is a rigged game, for the Banking Institutions get their federal loan rate set by the Federal Reserve. It's currently set at 0.75% for Big Predatory Banks.

Tuesday, June 25, 2013

Conservatives were right. The Housing Crisis and Economic Collapse was caused by the "Poors"

That would be Standard & Poors.

S&P along with other ratings agencies, like Moody's, were completely up for sale agreeing to grant any rating to any piece of toxic garbage that Wall Street and the Banksters wanted.

If the price was right they'd get a AAA rating. Turns out the Free Market isn't Free.

After receiving the imprimatur from the Ratings Agencies and coupled with their other legerdemain the Wall Street Thieves fed the country a load of Rat Shit Burgers whilst declaring Caveat Emptor! All the while knowing the toxic assets the Atlanta Teachers Union was investing its' entire Penison into was worthless.

Capitalism is a rigged Mug's Game. It's merely the renaming of old systems which people have found intolerable and no longer wish to ruled under.

Under what we call Capitalism, the costs of running a business have been Socialized while the profits have been Privatized. Corporations get society to cover the costs of doing business and in the case of the 2007 Republican Recession when Capitalism experiences a Super Nova Imploision of Greed and Theft, as it occasionally does, the Capitalists are completely bailed out by Government and Taxes.

George W. Bush's fateful decision to ignore the August 6th memo Bin Laden Determined to strike in the US had other far reaching effects besides his abject failure of 9/11.

Afterwards Bush moved the perponderance of the FBIs assets towards Terrorism and into crafting a Casus Beli for Invading Iraq and away from Wall Street's Crimes. Coupled with the deregulation and lack of enforcement for the previous 20 years, including the Gramm-Leach-Bilely Bill, allowed the Banksters to do what Thieves always do when no one's looking; Steal.

Tuesday, May 28, 2013

Remember the Economic Reform we need is Tax Reform and the Sadism of Capitalists

"How much more money do we want to steal from the American people to fund more government? I'm for no more." Speaker of the House John Boehner, tells America that the "People's House" will impose taxes on Real People which they'll give to Corporate "Persons".
 Capitalism is more correctly understood as Neo-Feudalism. Great Houses and Barons have morphed into Corporations and CEOs. And for Neo-Feudalism to flourish there needs to be a vast majority of workers for whom there is no future other than toil and labor and who'll give birth to the next generation of labor.

The Economic Reform we need is Tax Reform. 1 in 4 Corporations pays no Income Taxes. Companies involved in the Military-Industrial-Complex fraudulently overcharge the military Hundreds of Billions of dollars, Oil Companies receive government subsidies and transfer the clean-up costs on their disasterous oil spills onto the American taxpayers.

Procter & Gamble, the Cincinnati-based company behind Pampers diapers and Tide detergent, reported a federal tax burden in 1969 that was 40 percent of its total profits, a typical rate in those days. More than four decades later, P&G is a very different company, with operations that span the globe. It also reports paying a very different portion of its profits in federal taxes: 15 percent.

Apple is the current in the spotlight for their Tax Dodging schemes. Apple in 1980 created a shell company in Ireland, "Waldwill Limited". Now, Apple doesn't make anything in Ireland these days, it's Cork Office is in charge of European distrubtion and product support. But, it is a handy dandy country to funnel the $30,000,000,000 USC in profits in order to pay $0 US Income Taxes.

Proctor and Gamble and Apple aren't the only ones. Most of the 30 companies listed on the country’s most famous stock index, the Dow Jones industrial average, have seen a dramatically smaller percentage of their profits go to U.S. coffers over time, even as their share prices have driven the Dow to an all-time high.

That is what is going on here. Corporations and Rich Thieves have made the US Tax Laws a Byzantine Mess of contradictions and loopholes which they know how to navigate in order to steal Trillions and hide their filthy lucre in off-shore accounts, just waiting to be repatriated tax free when the properly bought politican makes it possible.

But, while these Rich Thieves engage in artful dodging of tax laws and self-congratulatory back slaps for their "Capitalist Ingenuity" there is a strain of Sadism in methods. Because Taxes are what the Poor pay because if the Poor where blessed and virtuous they'd pay No Taxes.

An article by the noted Austerity Sadist Michael Kinsley illuminates how Austerity isn't about Deficit Reduction but an ardent and fervent desire to punish the Wicked Poor as a happy by-product of enforcing a noble Neo-Feudalist State.

Austerity is designed to Cut Government Spending not the Deficit. Because that Government spending goes to The Wicked (i.e. the Poor) it is not right that the Rich Man who is synonymous with Righteousness suffer.

And there can be no Greater Good than Lower Taxes as a reward to the Noble and Virtuous.

But, if the problem where merely one of Effective Tax Rates, simply highlighting the Massive Income Inequality that exists in America would show how the Goal of the Piss Down Your Back and Tell You It's Raining Reaganomics and Bush Tax Cuts were designed and implemented for no other reason than to create a society in which the Richest One Percent live better than the Pharoahs of Ancient Egypt.

The Plutocracy gets a Sadistic thrill when Americans vote away their birthrights. The Koch Brothers Propaganda Machine Americans For Prosperity released an email when the Sequester went into effect lauding Speaker Boehner and the House Republicans, 
[T]oday Americans for Prosperity thanks Speaker John Boehner and House Republicans for standing up to President Obama and making sure the $85 billion in much-needed sequester spending cuts took effect. 
As an example, I was out at a leadership event in Portland, Oregon this week where Beth, one of our dedicated Americans For Prosperity activists, told me how she had sent personal messages to each of her 243 Facebook friends asking them to contact their member of Congress to tell him to"keep the cuts" so we can "get our economy moving again." 
The Koch Brothers, Banksters, Tax Dodging CEO's and Sadistic Economists aren't interested in the US EConomy but in transferring as much money upwards as possible and creating a GovernmentApparatus  which will enforce and perpetuate their Noble Neo-Feudalist Utopia.

Monday, November 5, 2012

"President" Romney will liquidate the Poor and Middle Class

Romney and Republicans use the Poor like a Club, swung about at Election time and put away in some small dark place after they are done with them.

In the intervening years Republicans make policy as if the poor don't exist because Republicans don't care about 99% of the American People.

To Rich "Job Creator" scum buckets like Romney the poor really don't exist. Oh sure, Mitt Romney made his campaign of walking around ticking off numbers,
43 months of 8+% Unemployment, 32 milion more Americans on food stamps, $16 Trillion Debt, Obama "gutted" the work requirement for welfare.
And so forth. These are damning statisics. Of course, what Republicans and conservatives always attempt to obscure is the established facts that these problems are a direct result of the policies of George W(orst President Ever) Bush and the deregulation schemes of the Republican Controlled Congress of 1994-2006.

But, when it comes to the Poor Republicans and Conservatives are two-faced. While Romney was campaigning on the figures of increased food stamp use and high unemployment his Campaign was claiming the Poor aren't really bad off in America because they have microwaves.

Famously, The Heritage Report about Poverty stated the Poor in the country aren't really that bad off because they have a "reasonably adequate supply of food". While Sean Hannity advised poor people to eat red beans and rice.

Conservatives have been skating a fine line claiming Americans are worse off but not so bad as to require a fundamental change to the massive Income Inequality in the country.

But, these figures and talk of food stamps aren't thrown out to appeal to Poor Voters they are used to frighten the Middle Class into voting for Romney and his Economic Plans.

Well, Romney's One Point Economic Plan is to liquidate the Middle Class and reintroduce Feudalism to America turning every non-millionaire into a Serf.

Romney would use the same model and techniques he employed at Bain Capital. Upon stealing into the White House Romney and his economic Vultures would swoop in and load trillions in new debt upon the Middle Class by increasing the DoD Budget. Romney's plan is also designed to lower taxes on Millionaires and Billionaires and transfer the Tax Burden onto everyone else by raising Taxes on the Middle Class.

But, even the Romney and Ryan Higher Taxes on the Middle Class won't offset his new deficit spending. For that Romney and Ryan have declared their intent on slashing all budget items which aid the Middle Class and Poor by eliminating Medicaid, Federal Student Aid, Food stamps and taking Billions from Medicare and Social Security until they collapse.

Of course, Romney claims all he needs do is close tax loop-holes but, no Republicans will ever support him. Republicans fought viciously to keep Government Welfare for Corporate Jets, instead of closing a tax subsidy which lets the Rich have the Government cover their Leer Jet fuel and maintenance costs.

Republicans will never allow any tax increase on the Rich because they are the paid Guard Dogs for the Wealthy.

And what the Wealthy Masters of the Republican Party desire are people just at the edge of Poverty.

The 1% want to eliminate Food Stamps, Social Security, Medicaid, the Social Safety Net from the Federal Government because once people are pushed just to the edge of desperation they will accept whatever the "Job Creators" wish to bequeath upon them.

And with the Vulture Capitalism of Mitt Romney and the Republican Party the 1% will achieve their Dream of Liquidating the Middle Class and enshrining Neo-Feudalism in the United States.