MARK ZUCKERBERG AND OTHER TECH BILLIONAIRES SAY
HELL NO TO PAYING LEGALS LIVING WAGES… not when there’s boatloads of Chinese
ready to take our tech jobs and work cheap!
http://mexicanoccupation.blogspot.com/2017/10/know-any-tech-billionaires-who-dont.html
Billionaire Mexicans tell their poor to
JUMP U.S. OPEN BORDERS and LOOT THE STUPID GRINGO… and loot they do!
Billions of dollars are sucked out of
America from Mexico’s looting!
THE BANKSTERS DESTROYED A TRILLION IN
AMERICAN HOME EQUITY AND WERE REWARDED WITH NO-STRINGS, NO INTEREST LOANS TO
BUY THEIR COMPETITORS. THEY’VE BEEN A CRIME WAVE SINCE.
Senate Votes To Nullify Rule Allowing
Class Action Suits Against Banks
As the AP notes, the rule from
the Consumer Financial Protection Bureau “exposed banks to large class-action
lawsuits. Supporters say that possibility would help ensure banks, credit card
companies and other lenders treat consumers appropriately. The vote comes
months after House action and reflects the effort of the Trump administration and
congressional Republicans to undo regulations that the GOP argues harm the free
market.”
October 25, 2017
An American Oligarchy vs. We the People
For
the last few decades, regardless of the political party in control of American
governance, mainstream America remained frustrated by a lack of
representation. The more things changed, the more they remained the
same. A year after the election of President Trump, we have yet to see a
Republican Congress make good on its promise to repeal Obamacare and institute
tax reform. The election of Donald Trump held hope for millions of
Americans who believed they now had a voice in our halls of governance, but
that voice is continuously trampled on as the puppet-masters behind the scenes
succeed at stifling the will of the American people.
The
greatness of America was a government for the people and by the people, but
that ideal has been eroded in favor of a new American oligarchy led by
billionaires such as George Soros, Tom Steyer, Bill Gates, Warren Buffett, and
Mark Zuckerberg, to name a few. They are men of the left and unlike prior
rich men in American history, they can now control our election process, both
halls of Congress, our courts, our schools, the press, and media outlets.
Yes, there are conservative billionaires, but they are not nearly as
influential as today's globalists. It has been reported that 39% of the
wealthiest donors back Democrats and that number will only increase with the
new young card-carrying liberal titans from the Silicon Valley. After
all, Google, Facebook and most Internet titans are fueled by government
projects; thus, their interest lies with big government favored by Democrats.
Frustrated
by the presidential election of Donald Trump, George Soros has doubled down and
recently pledged to contribute $18 billion to his Open Society Foundations for
an overall total of $32 billion. Contrary to its mission claim, "to
built vibrant and tolerant democracies," Soros seeks to subvert and
suppress the will of the people by using his billions to control America's
agenda towards a One World Government without borders, and with him at the helm.
Beginning
in 1994 with the defeat of Hillary Clinton's nationalized health care bill,
Soros' groups and a few other leftist organizations began to bankroll front
groups whose aim was to persuade Congress that Americans were clamoring for
"campaign finance reform." In a ten year period, they spent
$140 million dollars to promote it, and the result was the McCain-Feingold Act
signed into law by President George W. Bush in 2002. The new law placed
restrictions on political donations. It prevented citizen-activist groups
and corporations from advertising on T.V. for 60 days prior to elections and 30
days prior to primaries while exempting media networks; thus, giving Democrats
an automatic advantage since they enjoy the near universal support of America's
leading media outlets.
As a
result, a network of "527 Committees," named after code 527 of the
IRS code, were set up, and unlike PACS, were not required to register with the
FEC; nor were they bound by any legal limits to raise soft money. While
steering clear of "express advocacy" as prohibited under the
McCain-Feingold bill, they were permitted to steer their funds to
issue-oriented ads, voter education initiatives, and get-out-the-vote drives to
favor one party or candidate over another. By giving directly to
independent groups rather than to the party itself, big ticket donors could
influence campaign strategy and tactics more directly than they had
previously. Thus, Soros gained control of an alternative network of
soft money supply and power.....all absent prior to the passage of McCain-Feingold
. In 2010, the Supreme Court overturned much of the McCain-Feingold
Act, but kept in place the ban on soft money donations to political
parties. This ban has permitted Soros to continue to use his billions to
influence our election process and thwart the will of the people.
Another
billionaire with a globalist agenda is Bill Gates who has used his millions to
fund Planned Parenthood and U.N. agencies. He is responsible for the creation,
implementation, and promotion of Common Core state standards, and he was
pivotal in advancing Barack Obama's educational agenda. Aside from
rewriting history with a biased curriculum in disfavor of Western Civilization,
Common Core eliminated local school governance and placed it under the control
of an ever-growing federal bureaucracy. As Karl Marx noted in his
Communist Manifesto, "government-controlled schooling is essential to
achieving the goals of Socialism." In that effort, texts and
analysis are used to guide students thinking towards a predetermined
outcome.
A free
press is essential to a free society, but with the development of the Internet
and the handful of leftist billionaires who now control it, conservatives are
finding it difficult to get their message out without being threatened with
sanctions and exclusion under the guise of "hate speech."
Google and Apple control 98% of the market share in mobile phone operating
systems; thus, they are erasing the First Amendment rights of conservatives on
the information highway. Although they are private companies, the
information highway is a public utility and as such all are entitled to equal
access. Facebook is an important distributor of news and Mark Zuckerberg,
its founder and a globalist, is notorious for muting conservatives while
amplifying progressives. Along with Saudi Arabia, a state known for
silencing free press and Saudi Prince Alwaleed bin Talal, who has invested $300
million in Twitter, conservative Americans are at a loss as we watch our First
Amendment rights guaranteed by our Constitution being eroded by American and
foreign billionaires.
While
the oligarchs have used their billions to influence both sides of the aisle
within our halls of Congress, George Soros in particular has financed a $45
million scheme to reshape state supreme courts. His mission with the aid
of state trial lawyers associations is to replace conservative rule of law
judges with leftist men in black robes who will apply foreign law (Sharia) and
theories into their decision making process. In effect, Soros is creating
a judicial oligarchy as well as a judicial supremacy. The left now
controls more than half the district courts and more then half the
circuits. By placing nationwide injunctions against President Trump's
executive orders, a handful of district lower court judges are illegally
dictating our immigration policies reserved for Congress and the Executive
Branch.
Then
there is Tom Steyer, an environmentalist hedge fund billionaire from California
who has spent $90 million to back Democratic candidates. Currently he has
spent $10 million on a campaign to impeach our current president by running
fraudulent television informercials calling for President Trump's
impeachment. With an utter disregard and disrespect for the 64
million Americans who voted to elect President Trump, Steyer, the
self-righteous globalist, knows better then working class Americans what is in
their best interest; thus, he too uses his millions to erase our voice and
right to self-governance.
Many
Americans are waking up to the reality that American politics is no longer
about Republicans and Democrats. Now more than ever, it is a war between
the elite established American oligarchy and the American people. If
Americans seek to regain control of self- governance, then the oligarchy whose
allegiance is not to America, but to a global community governed by globalist
billionaires, must have their power removed. We have fought for our self-
preservation for over 200 years, and we are not about to quietly yield it over
to a handful of globalists without a fight. It will take Americans from
all walks of life to come together to oppose this un-American oligarchy and
nothing will facilitate that more than the removal of a duly elected president.
Shari Goodman is an educator, activist, public speaker, and
journalist.
"The Trump tax measure, however, will raise to a new level the plundering of society’s resources by the ruling class."
"Its provisions read like a Christmas wish list for the rich: slashing the corporate tax rate from 35 percent to 20 percent, generating additional corporate revenues of $6.7 trillion by 2037; reducing the top personal income tax rate from 39.6 percent to 35 percent; abolishing the alternative minimum tax, which applies only to the wealthy; and slashing to 25 percent the rate at which business owners are taxed on money recorded as “pass through” income."
The American oligarchy prepares a new tax windfall for the rich
25 October 2017
The drive to enact the most massive tax cut for the rich in US history accelerated Tuesday as Donald Trump met behind closed doors with Senate Republicans to finalize the plan.
The House of Representatives is set to approve Thursday the Senate budget resolution passed last week, a parliamentary maneuver that will allow the Republicans, under expedited rules, to pass the tax plan by a simple majority in the Senate rather than a filibuster-proof three-fifths vote. The actual proposal will be released on November 1, setting the stage for the final push to secure passage by the end of the year.
Wall Street celebrated the stepped-up push for the plan with a 167-point surge in the Dow, bringing the index closer to 24,000. Since Trump was elected last November, the Dow has risen by more than 25 percent. It has quadrupled since 2009, thanks to the multitrillion-dollar bank bailout and other handouts to the corporations and banks under Obama.
The Trump tax measure, however, will raise to a new level the plundering of society’s resources by the ruling class.
Its provisions read like a Christmas wish list for the rich: slashing the corporate tax rate from 35 percent to 20 percent, generating additional corporate revenues of $6.7 trillion by 2037; reducing the top personal income tax rate from 39.6 percent to 35 percent; abolishing the alternative minimum tax, which applies only to the wealthy; and slashing to 25 percent the rate at which business owners are taxed on money recorded as “pass through” income.
It also abolishes the estate tax, which affects those worth over $5 million, just 0.02 percent of the population. This measure has long been desired by the corporate oligarchy, allowing its members to pass on to their children all the wealth accumulated through fraud and speculation, effectively establishing a form of dynastic rule.
The top 1 percent will see their after-tax income rise by 8.5 percent if all these measures are adopted. The Center for Budget and Policy Priorities estimates that half of the tax cuts will go to the top 1 percent of households, those making more than $700,000 per year. Within this group, the top 0.1 percent will receive 30 percent of the tax cuts, for an average cut of $800,000 a year.
The bottom 90 percent of the population, the working class and lower-middle class, will get little or nothing. A married couple with one child that earns less than $24,850 a year will receive no tax cut, while a similar family earning $48,700 will see a cut of just $180. At the same time, the budget deficits produced by the tax cuts will be used by both parties to demand massive cuts in social programs, including Social Security and Medicare.
As is to be expected, Trump and the Republicans are promoting the plan with shameless lying, denying that their plan is designed to benefit the rich and insisting it is aimed at cutting taxes for “hard-working Americans” and creating jobs.
The Democrats, for their part, support a huge cut in corporate taxes and are offering only token opposition to the other handouts to the rich. Following the Republican meeting on Tuesday, Senate Minority Leader Charles Schumer and other Democratic senators held a press conference. Schumer, the senator from Wall Street, accused Trump of lying about the plan but said nothing about corporate taxes. Other Democrats attacked the plan for being fiscally irresponsible.
As always, the Republicans set the reactionary framework for policy and the Democrats ensure that it is enacted virtually intact. The Democrats’ main function is to disarm the working class by creating an illusory smokescreen of democratic debate and opposition.
The Trump tax plan is the outcome of a decades-long social counterrevolution that has produced a colossal transfer of wealth from the working class to the rich and the super-rich, creating levels of social inequality unseen since the 1920s and transforming the United States into an oligarchy.
The Sixteenth Amendment to the US Constitution, granting Congress the power to tax people’s income, was passed in 1913, as part of the progressive movement’s efforts to rein in the robber barons. The estate tax was enacted at the same time.
During the Great Depression, the Roosevelt administration raised the top rate from 25 percent to 63 percent as part of the New Deal reforms aimed at heading off a socialist revolution. During World War II, the top rate peaked at 94 percent. Over the next three decades, the top rate never fell below 70 percent.
The first postwar reduction was carried out by John F. Kennedy, but this was only a foretaste of what was to come, as the ruling class adopted a policy of social counterrevolution under Ronald Reagan. The Democrats, who controlled Congress, capitulated to Reagan in 1981 and slashed the top rate from 70 percent first to 50 percent and then to 28 percent. This gradually rose back to the current rate of 39.6 percent.
At the same time, taxes on capital gains from stock and bond speculation were slashed to 25 percent as part of the inflation of the stock market that has proceeded since the 1980s. Tax cuts for the wealthy have been an essential part of the mechanism by which the stock market and other forms of financial speculation have been used as the primary mechanism for wealth accumulation by the financial aristocracy.
The consequences are clear. Since the 1980s, the share of national income going to the top 1 percent has risen from 12 percent to 20 percent, while that of the bottom 50 percent has fallen from 20 percent to 12 percent.
The most recent Survey of Consumer Finances from the US Federal Reserve shows that the top 10 percent of Americans now own 77 percent of all wealth. The top 1 percent owns 38.5 percent, an increase even since 2013. The share of the bottom 90 percent has declined by more than two percentage points to 22.9 percent.
The impact of these shifts in wealth and income on the conditions of life of millions of people can be seen in myriad forms: declining life expectancy, rising infant and maternal mortality, rampant drug addiction and a rising suicide rate.
This growth of parasitism has coincided with the destruction of large swathes of industry, the devastation of former industrial centers all over the country, and the impoverishment of broad sections of the working class. Now, with the Trump tax cut—authored by the Goldman Sachs alumni Treasury Secretary Steven Mnuchin (net worth $500 million) and economic adviser Gary Cohn (net worth $610 million)—a new level of enrichment of the oligarchy is being launched that will make current levels of inequality seem quaint by comparison.
The conditions are being created for a social upheaval. The emerging working-class opposition must take up the demand for a massive revision of tax policy to break the stranglehold of the financial oligarchy and radically redistribute the wealth in favor of the working people. The top rate for both personal income and corporate wealth must be raised once again to what it was in the 1940s and 1950s, to end the theft of social resources and provide for the social needs of the broad masses of people.
These are in themselves democratic demands. They cannot be achieved, however, without a frontal assault on the source of the power of the corporate and financial elite: its control of economic life, and with that, the entire political system. The redistribution of wealth to the working class must be connected to the fight for workers’ power, the transformation of the giant corporations and banks into publicly owned utilities, and the socialist reorganization of economic life.
Barry Grey
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