Daily Archives: November 30, 2009

  Forty Percent of Democrats Say They Probably Won’t Vote Next Year – Forty percent of self-identified Democratic voters say they are “not likely” or “definitely” won’t vote in next year’s Congressional elections, according to a little-noticed poll released over … Continue reading →

In summary, America’s common wealth has been hit by a triple whammy: tax cuts for the rich far larger that can be considered fair, tax refunds to the rich via privateering, and by a shift of household income into the excessively reduced upper tax brackets. In addition, accountability for the nation’s common wealth has been transferred from our elected representatives and handed over to rich individuals mostly accountable to themselves and corporate CEOs who are only accountable to shareholders. The ultimate effect of all this transfer of wealth and accountability is that our government less able to protect and empower its citizens.

It’s time we all realize that privateering and tax cuts favoring the very wealthy are not what America needs. Just look at where they have gotten us – The Great Recession, a growing plutocracy, consumer debt at 100 percent of GDP, banks too big to fail, and ultimately the deaths of fellow citizens. Continue reading →