Sunday, October 14, 2012

The 1% Cares About the 1%. Period

It seems that the 1%, AKA the extremely wealthy members of society, is informing its employees that they should vote for Mitt Romney or else.  Or else what, the Koch brothers will fire a bunch of people they would  fire anyway?  Let's face it, the political system has been leaning hard right for too long.  It is in need of re calibration. http://www.opednews.com/populum/linkrss.php?f=Koch-Brothers-Rounding-Up-in-Common-Dreams-121014-503.html

Only the 1% sees something like the Bush tax cuts as some noble thing.  The tax cuts were made from 2001-2003 and created a huge budget deficit from the beginning of W's putrid reign.  When tax revenue is removed from the budget without being balanced, the country accrues major debt...about $3 trillion.  Conservatives have abandoned the balanced budget approach in favor of "Starve the Beast".  This concept attempts to run up a huge deficit so that government entitlement programs will be cut to make up the gap.

Romney wants to cut taxes even more and does not have a sound way of paying for the cuts.  Pretty much, the national debt will get even bigger than it is now.  Pretty soon medicare will need to be slashed to make up the gap.  Maybe the EPA can be trimmed.  Regulation is bad because it costs the 1% profit due to government red tape.  The 1% does not need to be policed.  They are ABOVE the law.  The banking industry does not need regulation, either.  If there seems to be a discrepancy or hypothetically, a market crash, they can just take money out of petty cash.  You know, petty cash, money from the rest of the population in the form of a bailout.

I have no idea why so many people identify themselves as republicans.  The party has a pro business motto that really only applies to the owners and senior staff.  Major companies don't care about anything but their profits.  How many jobs have left cheaper pastures?  Many folks in the south switched parties after President Johnson and congress passed the equal rights amendment.  Maybe race matters quite a bit.  The conservative religious community also makes up a good portion.  If someone is not that religious or racist, what is in it for them?  Especially if they are not in the 1%.

Businesses lobby congress to cut any type of regulation and any tax.  Apparently they prefer the Wild West approach to Mayberry.  They rely on Mayberry to vote with them even though their greed led to the housing bubble and financial crisis that forced many Mayberry Main Street folks out of their homes.  Very little bailout money went to the victims while those responsible are making record profits.  Why vote with this group if it only erodes the quality of life for the 99% each and every November?

Our voice and our vote matters.

 

 


1 comment:

looking silver said...

Well said Andrew! The so called Christian right are so proud of their philosophy of not killing babies, yet trample on them, and cut every source of nourishment for the rest of their lives. The left, while supporting abortions (which I find abhorrent), at least offer programs for the poor to get by, (the ones who slip by the noose.)