Wednesday, April 8, 2015

SHIFTING AMERICA TO THE 1% - Pennsylvania: Wealthy pay less in taxes, but receive more money for education

Pennsylvania: Wealthy pay less in taxes, but receive more money for education



THE OBAMA ASSAULT ON MIDDLE AMERICA HITS ATLANTA!

BILLIONAIRES SMELL MONEY!

If anyone should be held accountable for conspiring to undermine and destroy education, it is those who have systematically starved the public schools of resources in order to provide more tax breaks and business opportunities to the super-rich. These include the billionaire oligarchs Eli Broad and Bill Gates, the Pearson textbook and testing empire, and other corporations seeking to cash in on the $1.3 trillion “education market.”


 
Along with them should be President Obama and his education secretary, Arne Duncan, who have overseen the wiping out of hundreds of thousands of teachers’ jobs and the closing of more than 4,000 schools.

TO WORK IN THE OBAMA ADMINISTRATION, ONE NEEDS TO BE CONNECTED AND ACTIVELY SERVING OBAMA’S CRONY BANKSTERS, or be a member of the MEXICAN FASCIST PARTY of LA RAZA, as both Obama’s Sec. of Labors, DHS Saldana, and Judge Sotomayor are!


Mayor Emanuel embodies the foulest characteristics of American politics in general and the Democratic Party in particular. An operative in the Clinton administration, Emanuel made millions as an investment banker before returning to the White House as Obama’s chief of staff.


As mayor, Emanuel has pursued the same policies in Chicago as Obama on the national level. He has presided over the closure of 50 schools, attacks on the jobs and pensions of teachers and public employees, and a wave of police violence against youth and working people. The money siphoned from essential services has funded tax cuts and other subsidies for corporations and wealthy investors.

The Democratic and Republican politicians endlessly proclaim that there is no money to meet pressing social needs. But the ranks of multi-millionaires and billionaires continue to grow, along with the obscene levels of wealth they control. These are the paymasters of both corporate-controlled parties.




The new aristocrats, like the lords of old, are not bound by the laws that apply to the lower orders. Voluminous reports have been issued by Congress and government panels documenting systematic fraud and law breaking carried out by the biggest banks both before and after the Wall Street crash of 2008.

Goldman Sachs, JPMorgan Chase, Bank of America and every other major US bank have been implicated in a web of scandals, including the sale of toxic mortgage securities on false pretenses, the rigging of international interest rates and global foreign exchange markets, the laundering of Mexican drug money, accounting fraud and lying to bank regulators, illegally foreclosing on the homes of delinquent borrowers, credit card fraud, illegal debt-collection practices, rigging of energy markets, and complicity in the Bernie Madoff Ponzi scheme.

MUCH, MUCH MORE ON OBAMA’S ECONOMIC CRIMES PERPETRATED ON BEHALF OF HIS CRONIES ON THE AMERICAN MIDDLE-CLASS


One government-organized settlement has followed another, utilizing “deferred prosecution” deals and other gimmicks to allow Wall Street CEOs to get off scot-free. All the banks have had to do is pay largely fictitious fines, much of the nominal amount written off as tax credits.
 

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