Post by midcan5 on Jul 5, 2010 7:30:27 GMT -5
"As of 2004, the richest one percent of Americans possessed sixty percent of all wealth in the country, while the bottom forty percent accounted for a whopping two-tenths of a percent."
"Let’s be honest: We live in stunningly, jaw-droppingly, ridiculously absurd political times.
Here’s the story in a nutshell: A far-right predatory overclass has spent the last thirty years undoing the hard-fought gains of the mid-twentieth century, which had produced a robust middle class and vastly more economic and social justice in America than the country had ever known before. These regressives used every kind of deceit imaginable to persuade unsophisticated voters to choose candidates whose real agenda was to assist their plutocratic puppetmasters in fleecing the very same people who voted for them.
Such candidates ran on issues like the death penalty, immigration, bogus wars, gay marriage and abortion. But what they really were about as legislators was exporting jobs to where workers are dirt cheap and politically neutered, crashing organized labor, shifting the tax burden onto the mass public, deregulating industry to allow unhindered profit-taking on the upside and socialized public responsibility for risk on the downside, and locking in a Supreme Court majority that would never blanch at even the most outrageous rulings enhancing corporate power in American society."
David Michael Green
www.regressiveantidote.net/Articles/How's_That_Recessioney,_Oily_Thing_Working_Out_For_You.html