Showing posts with label plutonomy. Show all posts
Showing posts with label plutonomy. Show all posts

Tuesday, December 20, 2011

All for the 1%, Nothing for the 99%

"Louis, Louis...still whining after all these years! Have you heard enough of that...I have! I've been listening to it for centuries." - Lestat
The unceasing whine from the 1% has surpassed the angst ridden moping of Anne Rice's titular character from Interview with the Vampire.

“Acting like everyone who’s been successful is bad and because you’re rich you’re bad, I don’t understand it,” JP Morgan Chase and Co CEO Jamie Dimon recently complained to an investor's conference.

Dimon and all the Banking CEOs have not succeeded because of superior skill, work habits or ingenuity. They have succeeded by lying, cheating, swindling, obfuscating, and setting up a giant rigged system in which they knew they could be assured of riding the bubble all the way until it burst and then the bill would be picked up by the American Taxpayer with the help of their chosen defenders the Republicon Party and the Federal Reserve.

But you didn't think they were done did you? At that same "Investor's" Conference Home Depot co-founder Bernard Marcus was asked if he was worried about the impact of OWS. "Who gives a crap about some imbecile?” Marcus replied. Be sure to read all the quotes from those assembled at this conference; Rich Myopic Assholes are going to be Rich Myopic Assholes.

But, the 1% are never satisfied. Sears and the Chicago Mercantile Exchange (CME) successfully took hostage the State of Illinois and demanded a $350,000,000 ransom. The Illinois Legislature passed a measure giving the two Corporations the ransom they demanded. Now, do you think these two are going to invest that money into the State? Do you think they are going to hire thousands of new workers? Do you think they are going to lower prices to aid consumers? No. Sears and CME, the world’s largest owner and operator” of private exchanges for derivatives products, are going to take that money and give their CEOs and Boards millions of dollars in "bonuses".

But, don't worry aid is coming from the US Congress. Of course, it won't be in the form of a payroll tax break which would overwhelmingly aid middle class and struggling working class Americans. No, if there is anyone the Republicons love to be overburdened by taxes and debt it is the 99%.

The Republicons are going to make sure that Millionaires don't receive food stamps and uninsurance coverage. But, don't be fooled by this Republicon move. It isn't designed to curb fraud, waste or abuse, it is designed to get Americans thinking that food stamps and unemployment are wrong and no one should have them.

Related:
Please Help the Republicans Eliminate Welfare and Reduce Government Spending [Disaffected]

Thursday, August 18, 2011

Consumer Spending < The Plutonomy

I wish it would work... You can't expect to compete with that. Every day we get weaker while they get stronger. It's finished. I'm sorry. Mad Max 2: The Road Warrior
CBS Evening News had a story on the continued decline in consumer spending, in which, Scott Pelley said something shocking! That because of the lower consumer spending the economy is not turning around and we face another recession. Now how can this be? Everyone knows that Tax Cuts for The ***Job*** ***Creators*** and a strict Austerity Deficit Reduction stimulate the economy!

Here's the biggest economic disconnect facing Teabaggers and conservatives; If Job Creators and Tax Cuts are really the driving engine of the economy why has the last ten years been such a miserable downward spiral?

Why does the decrease
in consumer spending worry Wal-Mart's CEO Mike Duke?
"Purchases are really dropping off by the end of the month even more than last year," Duke said. "This end-of-month [purchases] cycle is growing to be a concern."
But, he's a Job Creator! Tax Cuts for Wal-Mart's founding family him grow the economy!

Remember We were assured that just another round of the Bush/Obama Tax Cuts for the Wealthy, just another round of reduced benefits, just another round of cuts to Medicaid, just another round of bailouts to Wall Street and viola We would have prosperity.

Well, it didn't happen, prosperity did not trickle down to us. But, what did happen was Hedge Fund Managers made Billions and Wall Street paid out millions of Tax Payer dollars to gamblers. According to the Federal Reserve, the top 1% now owns more than half the nation's stocks and controls more than $16 trillion in wealth — more than the bottom 90%.

How can this be? The consumption of goods and services by Middle and Working class America is what drives the economy. Transferring wealth to The Rich, The Plutocrats, The Moneyed Masters does not.

Well, the goal has never been to have a prosperous America with a thriving middle class, or a healthy working class inculcating their children with the American ideal of a meritocracy based on talent, education and hard work but to create the Plutonomy.

What has been placed in motion is a plan to concentrate wealth and power amongst the Richest and they have already won. Back in 2006 Too-Big-Too-Fail Citigroup crafted internal documents detailing that The United States (along with Canada, the UK and Australia) had become Plutonomies, with income disparity and wealth concentration worse than at anytime in US history. And they don't care. Because being too big too fail means they have a built in trump card They get to Socialize their Losses and Privatize their Profits.

And afterwards they can go back to their Political Hitmen and instruct them to remove every other minor obstacle; to destroy Unions, eliminate the EPA and OSHA, strike from law environmental regulations, slash meager benefits for the poor and swipe the Social Security fund for their use, anything which stands in the way of their total control.

Sunday, January 9, 2011

In Crafting an Alternate History, Republicans and Conservatives show they Hate America

Power don't come from a badge or a gun. Power comes from lying. Lying big and gettin' the whole damn world to play along with you. Once you've got everybody agreeing with what they know in their hearts ain't true, you've got 'em by the balls. ~ Senator Roark, Republican, Sin City
Conservatism has gone morally bankrupt. Besides the murders and increasing Terrorist attacks by Conservatives and the Right Wing blogosphere furiously trying to disavow any connection to the violence they nurtured and helped grow, Republicans have consciously severed any ties to the past which sought to aid Americans and help this Nation. Because the modern Republican Party cares for themselves and their Ultra-Rich Masters, and the conservative dupes who support the GOP are an insular group of bigots who choose to believe that only white, christian heteronormative persons are "Real America".

Conservatism was rejected by the Founding Fathers. Otherwise the east coast of America would be a part of the Commonwealth. The Founding Fathers first started off with the idea that they were proper Englishmen and wanted to be treated as such, the word American was a slur amongst the British at the time. But, that ended with the adoption of a new ideal, while imperfect, with the creation of a secular land wherein, at first only a select group of people, but over time an increasing number were given enumerated Rights and Freedom.

But, Michele Bachmann and the Republican Menace must change history books and lie constantly. And Republicans lie big. The Republican Party recently staged a sham reading of the entire Constitution to kick off the 112th Congress. Oddly, the Republicans decided to skip some parts, specifically the parts about slavery.

Well, that's no problem! Just get Glenn Beck and Faux News to trot out a standard Republican lie about Slavery in the Constitution; The 3/5ths person slavery rule was actually to destroy slavery! But, if that's the case why didn't a new GOP Congressional Freshman proudly read that part of the Constitution? Because everyone knows that Republicans are pro-slavery. Their entire platform is a ceaseless push to destroy Unions, race to the lowest salaries and institute wage slavery on the American people.

During Obama's Presidency their evil cynicism has become evident. President Obama declared the Constitution was a flawed document, Laura Ingraham and Faux News have spent years attacking him for that statement. Yet, as the recent sham reading indicates, Republicans themselves believe the document to not be the perfect revealed word. But, to continue to dupe their ignorant base of bigoted voters they fetishize the Constitution. Republicans will go through any lengths, shamelessly adopt viewpoints and positions diametrically opposed to those they espoused a year or day earlier, and vote against any and all legislation which would aid the American People merely to re-gain political power.

Ronald Reagan famously stated the following, "maybe I should go see Andropov and propose eliminating all nuclear weapons" and "my dream is to see the day when nuclear weapons will be banished from the face of the Earth". Yet, when President Obama said,
“I state clearly and with conviction America's commitment to seek the peace and security of a world without nuclear weapons”
and took up the issue of limiting Nuclear proliferation and the START Treaty the Republican Party couldn't attack him fast enough. The Republican Party is stocked with shameless liars.



The Republican Party's job is to lie about everything. Lying gives Republicans power because whenever people learn the truth about Republican policies they lose consistently. So Republicans lie about everything from the ridiculous to the sublime.

The ridiculous; Judith Miller who reported verbatim everything Dick Cheney told her about Iraq's vast amounts of Nuclear Weapons as a casus belli for invading Iraq, recently chided Julian Assange as a bad journalist for not verifying his sources in the Wikileaks controversy.
"My job is to tell readers of The New York Times what the government thought about Iraq's arsenal."
The sublime; The Republican Party plans to vote to Repeal Obamacare and reduce the debt. The Congressional Budget Office released an estimate that Repealing Healthcare Insurance Reform would add $230 Billion USC to the National Debt. So what do the Republicans do? Why they lie. Republicans have to continuously create false narratives to keep their base of battered conservative voters motivated and deluded.

Weapons of Mass Destruction, ACORN, "Climategate", Birtherism, the New Black Panther Party, Homosexuality, Obamacare are all issues the Republicans talk about to cover their true goal which is this:
US Census data for 2010 show the widest rich-poor income gap on record. In 1968, the top 20 percent of Americans had about 7 times the income of those living below the poverty line. By 2008, that disparity had grown to about 13. By 2010, it had grown even further, to more than 14.
Lying it's the stock and trade of the Republican Party. But, it is for a purpose to beat down the Middle Class and Poor into a state of penury and a return to the Pullman Towns of the 19th century.

America has gone from the cherished mythical Land of the Free to the Land with the Biggest Income Disparity in the Western World. Get used to those chains America cause the Republicans are forging them and the conservatives are fastening them about you as quickly as they can...

Monday, November 29, 2010

Republicans and Wall Street sabotage America

"We’re losing our democracy to a different system. It’s called plutocracy.” ~ Robert Reich

"I sincerely believe, with you, that banking establishments are more dangerous than standing armies."~ Thomas Jefferson

"Corporations have been enthroned .... An era of corruption in high places will follow and the money power will endeavor to prolong its reign by working on the prejudices of the people... until wealth is aggregated in a few hands ... and the Republic is destroyed." ~ Abraham Lincoln
The Republican Party has been wholly bought and paid for by Corporate Money. There is one job the Republicans have to accomplish as they steal back into DC, which is the continued transfer of wealth in this nation to the Richest. Already under George Bush's evil regime we saw a the Rich get Richer but, we've also seen Republicans use the power of Government to transfer Trillions into the coffers of the Rich.

But it's never enough for the Plutocrats. What they want is Plutonomy, a new era of Feudalism, in which Wall Street bankers are the new Lords and Barons with Republican bureaucrats acting as the new clergy telling the rest of America this is the way it's supposed to be. As Republican Jeb Henserling told America,
"I don’t think we can figure out how to outlaw recessions any more than we can outlaw tornadoes or outlaw hurricanes. Economic growth has never gone in one straight line up. It’s a part of freedom."
You see? Your economic woes are due to freedom. The vicissitudes of Freedom ordain that you be poor. Amen...

Remember Tea Partiers had no problems with the $700 Billion USC TARP bailout or with the other undisclosed billions used to rescue AIG, Bear Sterns and the other Wall Street racketeers accomplished by the Fed and financed with Taxpayer money. Sarah Palin supported the TARP in her standard mangled diction,
"Now, as for the economic bailout provisions and the measures that have already been taken, it is a time of crisis and government did have to step in playing an appropriate role to shore up the housing market to make sure that we're thawing out some of the potentially frozen credit lines and credit markets, government did have to step in there."
You betcha we must help the Banks which caused the Crisis because Capital belongs to the Capitalists and poverty belongs to the poor.

And as soon as those Trillions were in the hands of Wall Street, President Bush used his executive authority to allow the money to be used in whatever way the Treasury Secretary Hank Paulson and the Rich bastards they serve deem... Henry Paulson backed away from the government's plan to use $700 billion in bailout funds to buy troubled mortgage assets and instead called for a fresh injection of cash to financial institutions. "Our assessment at this time is that this is not the most effective way to use TARP (Troubled Asset Relief Program ) funds," Paulson said. "I will never apologize," Feudal Lord of the Exchequer Henry Paulson declared to the obedient serfs, "for changing an approach or strategy when the facts change. I think the apologies should come the other way." When you question him, you should apologize.

Remember the Tea Party anger at the hundreds of Billions requested yearly off budget by Bush as emergency war spending? Or when Billions in hard currency was physically lost in Iraq?

The last 10 years of the Bush Tax cuts were supposed to foster growth and jobs. Where are they? The Rich did what they always do with extra funds they "invested" those monies in their own off-shore bank accounts. Swiss banking giant UBS helped 52,000 unidentified American Thieves hide untold Billions stolen from American taxpayers into secret accounts. UBS agreed to pay $780 million USC to keep their identities secret. Under President Bush we had years of wage stagnation and wealth accumulation amongst the richest Americans just the way the Koch Brothers want.

Republicans want to crush the Middle Class and Poor and grind down Americans into serfdom and wage slavery forever.
"And I'm going to tell you one other thing: When did we ever get to a point in America where, we're nearly at the point where fifty percent of Americans don't pay anything in taxes! Nothing!" ~ Sean Hannity.
Of course, Hannity isn't the only Commentator at Faux News to demand the Poor pay more in Taxes. To the Rich in America the poor and middle class need to shoulder the burden of paying for Government and Government's role is to protect the profits of Wall Street.

President Obama is not the progressive superman many hoped he would be, but what he has done is offer hope with the Healthcare Insurance reform, the General Motors Bailout which saved thousands of UAW jobs, and ending the War profiteers boon in Iraq, so the Banking and Plutocratic Robber Barons have decided Obama must go. They engage in scurrilous lies about him to convince an ignorant vocal minority into believing Obama is somehow foreign.

Thursday, September 9, 2010

Election Game Plan

RUN AWAY!!! RUN AWAY!!! - Monty Python and the Holy Grail
The Republican Game Plan for the 2010 elections is to simply run away and hide from all interviews and dodge reporters. It's understandable when a reporter actually confronts them on their ridiculous assertions, untenable ideologies and blatant conservative lies, misrepresentations and smears Republican candidates look foolish, ignorant or dangerous.



And this isn't limited to colossal dunderheads like Jan Brewer, Rand Paul, Sharron Angle and Michele Bachmann.

So the immediate question is if you can't stand up to Katie Couric and the Lame Stream Media how are you going to defeat Al Qaeda?

Republicans have no plan to govern the Nation. None. For the next two years Republicans are going to conduct investigations of President Obama asking him if he now is or has ever been a communist while they purposefully undercut and ignore any Governmental body which would hamper the Republican Plutocratic Corporate Controllers efforts to murder American workers, despoil the environment, and transfer billions to offshore and Swiss bank accounts. After 2 years of allowing Americans to suffer they then hope to Ride the Wave of Government Doesn't Work and the Free Market does Everything Better into full power in 2012.

Republicans then will continue their Plutocratic Tea Baggers plans by stealing social security, eliminating "Obamacare" and then Medicare, increasing the retirement age to 70 or beyond while pitting the worse off worker against the slightly better off one in order to enslave and shackle the American People as Cogs in the machines of Industry and War, paid little, with no benefits, no health coverage and no retirement.

Republicans want you to work hard in the flower of your Youth and then Die Quickly when you've gotten old or injured. (See Republican former Senator Alan Simpson and George W. Bush Undersecretary of Defense for Personnel and Readiness David S. Chu bemoaning injured Veterans getting Health Care.)

And the ultimate goal of the Koch Brothers and the other Plutocratic Assholes who give Billions to the Republicans, is an American Feudal Despotic Oligarchy where the Poor are reduced to destitute serfs and the Middle Class are Poor.

Related:
Disaffected and it Feels So Good: Republicans Retard America with deliberate Economic Sabotage

Disaffected and it Feels So Good: U and US? UBS or Just BS

Tuesday, May 4, 2010

No One Cares

Black water keeps rollin' on past just the same ~ The Doobie Brothers, Black Water
President Obama has been forced to deal with rampant active Corporate Negligence and Disinterest which caused a major, perhaps The Major ecological disaster in American History. And whom does he have to thank? Most of the fault lies with soulless Corporate "Persons", BP, Transocean and Halliburton who are more concerned with their profits than the Death and Destruction they visit upon the world. But, Republican 'The Free Market does everything better than Government' Punk Ass Bitches share a sizable portion, although Republicans always blame god for their fuck ups.

But, listen up Barack some time very soon you need to end the Occupations of Iraq and Afghanistan.

The Whole Lie of Neo-Conism is the Fight'em There so we don't Fight'em Here. Besides the fact that no NeoCon has ever "Fought", ever humped a pack, shit in a hole in the sand, ducked mortars in a Hot Zone or ever even served in the military this "reason" is constantly undercut by the continued Terrorist attacks here in America. And it doesn't matter how "well" you prosecute their wars Barack because unless you are willing to keep troops Over There in perpetuity, they will declare you weak or a Terrorist yourself. In fact #6 on the New Conservative Heresy test declares Unending Wars are a necessary condition of Dogmatic Faith. The NeoCons demand this from their Teabagged and Battered Republican Voters because they know Unceasing Death=Unending Profits for them.

The reason the US Military is in embroiled overseas is to protect our Empire for Business. Those selfsame Corporate Persons more interested in their bank accounts than the entire Gulf of Mexico also don't care about VBIEDs, PTSD, suicides or the thousand little deaths and regrets suffered by those fortunate enough not to spill their heart's blood in the desert.
NeoCon Frank Gaffney: "It is regrettable that they had to die, but I believe they did have to die."
The US Military has more often than not been used for Imperial Colonization and the enrichment of the Plutonomy.

This how Corporate Plutonomy views the Military. This is why Plutocrats seek to get Republicans in Office. Republicans dutifully send the Military hither and fro and then convince their troglodyte followers that any hint of pulling back from Empire is unmanly, ungodly and unamerican and the Democrats are cowed by vocal warmongers and continue the Wars for Chicken Hawk Cowards, Thieves and Scoundrels.

Related:
Disaffected and it Feels So Good: Feels like Suicide
War is a Force that Gives Us Meaning ~ Talk by Chris Hedges hosted by The Real News Network
Disposable Soldiers ~ Joshua Kors, The Nation