Tag Archives: Mega Rich RWA

Tracking the Growth of American Authoritarianism

“Can There Really Be Fascist People In A Democracy?”
Libertarians are stealthily taking over America.
Since the 1971 Powell Memo, America has moved closer and closer to Fascism.

 

Occupy America – We’re Not Taking It Anymore!

Posted on October 5, 2011 by Andy Hailey

The top ONE% have had their way for three decades. They created the Great Recession and still got richer. They’ve received excessive tax breaks for 30 years and thus have not been repaying what they have taken from the rest … Continue reading →

Posted in Corporate Intrusion   |   Tagged   |   1 Comment   |  

Congressman Ryan’s Wealth Transfer (Budget) Plan

Posted on April 14, 2011 by Andy Hailey

There are two parts to the Ryan budget plan: 1.) eliminate the costs of our safety net for those citizens not like Ryan and his fellow conservatives without conscience (CWC) and then 2.) take those savings in spending and transfer … Continue reading →

  • Supporting Articles: <a href="http://www.cbpp.org/cms/index.cfm?fa=view&id=3452" target="_blank" title="Taken together, its proposals would produce the largest redistribution of income from the bottom to the top in modern U.S. history">Statement of Robert Greenstein, President, on Chairman Ryan’s Budget Plan</a>
Posted in Corporate Intrusion   |   Tagged   |   2 Comments   |  

Wealth Transfer – America’s Growing Plutocracy

Posted on April 1, 2011 by Andy Hailey

While reading through a 1967 college text on Today’s ISMs by William Ebenstein, I came across this statement on wealth distribution in America as of 1953: … the top 3 per cent [sic] owned 33 per cent [sic] of all … Continue reading →

  • Supporting Articles: <a href="http://sociology.ucsc.edu/whorulesamerica/" target="_blank" title="The last chapter focuses on the potential for serious challenges to class and corporate dominance.">Who Rules America</a>
  • Related Web Article: <a href="http://www.offthechartsblog.org/top-ten-tax-charts/" target="_blank" title="provide a big-picture look at the U.S. tax system">Top Ten Tax Charts</a>
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Let The Mega and Ultra Rich Have Their Gift of Greed – They Have a New Way to Create Jobs

Posted on December 10, 2010 by Andy Hailey

Let the mega and ultra rich take their capital-gains-based, inherited-without-struggle wealth and create high-paying jobs. Here’s how. Thanks to the Citizens United Supreme Court decision, the mega and ultra rich now have a new untapped investment vehicle – the government. … Continue reading →

  • Related WAWG Article: <a href="http://wp.me/pegMB-179" target="_blank" title="There is an immense divergence in income growth for most of us, the bottom 90 percent, and the income growth of the mega, top 1 percent, and ultra, top 0.1 percent, rich">The Koch Brothers, enabled by Citizens United, Want to Buy Our Government – Will You Vote to Stop This?</a>
Posted in Corporate Intrusion   |   Tagged   |   1 Comment   |  

Hundreds of Millions of Consumers Create Jobs – Not Millions in Tax Breaks for the Mega and Ultra Rich

Posted on November 27, 2010 by Andy Hailey

Conservatives without conscience (CWC) are imagining that the mega and ultra rich will create jobs if they are certain they can keep their excessive tax breaks. The only thing certain about job creation is – it’s not happening. First of … Continue reading →

  • Supporting Articles: <a href="http://www.cbpp.org/files/2-28-09tax.pdf" target="_blank" title="Restoring the top two tax rates as proposed would affect fewer than 1.9 percent offilers with any small-business income in 2009">VERY FEW SMALL BUSINESS OWNERS WOULD FACE TAX INCREASES UNDER PRESIDENT’S BUDGET</a>, <a href="http://www.epi.org/economic_snapshots/entry/webfeatures_snapshots_20081022/" target="_blank" title="Not only are many of these stimulus options more effective, but they also have the added benefit of assisting those hardest hit by the downturn">Stimulating the economy - Maximum economic bang for the buck</a>
  • Related Web Article: <a href="http://www.businessinsider.com/22-statistics-that-prove-the-middle-class-is-being-systematically-wiped-out-of-existence-in-america-2010-7" target="_blank" title="United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a blinding pace.">22 Statistics That Prove The Middle Class Is Being Systematically Wiped Out</a>, <a href="http://www.businessinsider.com/facts-about-inequality-in-america-2011-11?slop=1#slideshow-starthttp://www.businessinsider.com/facts-about-inequality-in-america-2011-11?slop=1#slideshow-start" target="_blank" title="our average wages are still falling behind inflation, and social mobility is at an all-time low"> 15 Mind-Blowing Facts About Wealth And Inequality In America</a>
Posted in Common Wealth   |   Tagged   |   1 Comment   |  

The Koch Brothers, enabled by Citizens United, Want to Buy Our Government – Will You Vote to Stop This?

Posted on October 22, 2010 by Andy Hailey

As written about earlier, there is an immense divergence in income growth for most of us, the bottom 90 percent, and the income growth of the mega, top 1 percent, and ultra, top 0.1 percent, rich. This point is made … Continue reading →

  • Supporting Articles: <a href="http://www.pbs.org/fmc/book.htm" target="_blank" title="Social change in the United States during the twentieth century">THE FIRST MEASURED CENTURY: An Illustrated Guide to Trends in America, 1900–2000</a>, <a href="http://www.rationalrevolution.net/articles/recession_cause.htm" target="_blank" title="A basic understanding for what caused The Great Recession.">How Reagan Sowed the Seeds of America's Demise</a>, <a href="http://www.stateofworkingamerica.org/" target="_blank" title="The most comprehensive independent analysis of the U.S. labor market">The State of Working America 2008/2009</a>, <a href="http://sociology.ucsc.edu/whorulesamerica/power/wealth.html" target="_blank" title="Wealth is equally divergent between the bottom 99 and the top 1 percent">Wealth, Income, and Power</a>
  • Related Web Article: <a href="http://www.cbpp.org/cms/index.cfm?fa=view&id=3309&emailView=1" target="_blank" title="Top 1 percent held a larger share of income in 2007 than at any time since 1928">Recent Gains of Bottom 90 Percent Wiped Out</a>, <a href="http://www.newyorker.com/reporting/2010/08/30/100830fa_fact_mayer" target="_blank" title="The Kochs are longtime libertarians who believe in drastically lower personal and corporate taxes, minimal social services for the needy, and much less oversight of industry." >COVERT OPERATIONS</a>
Posted in Corporate Intrusion   |   Tagged   |   1 Comment   |  

Tax Breaks For The Mega and Ultra Rich – Stopping Their Takeover of Our Democracy

Posted on September 13, 2010 by Andy Hailey

An article about Congress deciding its next pay raise, had this to say about the richest 235 of them: Senators had a median reportable net worth of $1.79 million in 2008, the last year such data were available, down from … Continue reading →

Posted in Corporate Intrusion, Human Rights Abuse, Rampant Cronyism/Corruption   |   Tagged   |   1 Comment   |  

2010 Midterms – Are We Going to Continue Our National Legalized Trickle-up Ponzi Scheme?

Posted on August 12, 2010 by Andy Hailey

This posting was inspired by an article at Rational Revolution. It takes another look at the disproportionate shift in income to the mega and ultra rich, the disproportionate tax breaks for the mega and ultra rich, and the creation of … Continue reading →

  • Supporting Articles: <a href="http://www.rationalrevolution.net/articles/recession_cause.htm" target="_blank" title="By - March 30, 2010">How Reagan Sowed the Seeds of America's Demise</a>
  • Related Web Article: <a href="http://pewsocialtrends.org/pubs/706/middle-class-poll" target="_blank" title="Fewer Americans now than at any time in the past half century believe they're moving forward">Inside the Middle Class: Bad Times Hit the Good Life</a>, <a href="http://www.comstockfunds.com/files/NLPP00000%5C177.pdf" target="_blank" title="Household Debt as a % of GDP">Our disposable income has also not kept pace with our expenses</a>, <a href="http://www.huffingtonpost.com/lincoln-mitchell/the-middle-class-how-we-g_b_677343.html" target="_blank" title="If the middle class in the US continues to whither away ...">The Middle Class: How We Got One and Why We Need to Keep It</a>, <a href="http://www.huffingtonpost.com/raymond-j-learsy/decline-of-the-middle-cla_b_675022.html" target="_blank" title="And so it goes, leaving the nation with a Frankenstein system whose core objective of governance has become self preservation of power and personal influence">Decline of the Middle Class as Metaphor for the Decline of America</a>, <a href="http://www.huffingtonpost.com/2010/08/09/third-world-america-11-bo_n_672280.html" target="_blank" title="One of the characteristics of a third world country is that there is no middle class.">11 Books Predicting The Collapse Of The Middle Class</a>
Posted in Authoritarianism, Corporate Intrusion   |   Tagged   |   4 Comments   |  

The Poor, Poor, Mega Rich – They Are Just So Over Taxed

Posted on May 29, 2010 by Andy Hailey

The table below is mostly from an October 4, 2007 News Release from the conservative Tax Foundation. They point out that the richest 1% of the tax payers pay more in total taxes than the poorer 90 percent – those … Continue reading →

  • Related WAWG Article: <a href="https://the-wawg-blog.org/?p=1963" target="_blank" title="So, taxes improve the possibility of citizen success by allowing our government to protect (freedom from harm) and to empower (freedom to grow) us.">Freedom Isn’t Free – What Are We Willing to Pay For It?</a>, <a href="https://the-wawg-blog.org/?p=5063" target="_blank" title="They have a bias against taxes – taxes are a 'burden.'">Federal Income Taxes – Is Tax Foundation Impartial?</a>
  • Supporting Articles: <a href="http://www.cbpp.org/cms/index.cfm?fa=view&id=3946" title="Figures May Mislead Policymakers, Journalists, and the Public" target="_blank">Tax Foundation Figures Do Not Represent Typical Households’ Tax Burdens</a>
Posted in Corporate Intrusion   |   Tagged   |   5 Comments   |  

Redistribution of America’s Income – More for The Mega Rich or the Common Wealth?

Posted on November 30, 2009 by Andy Hailey

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 →

  • Related Web Article: <a href="http://baselinescenario.com/2009/12/01/feudal-lords-of-finance/" target="_blank" title="What are the odds that our financial super-rich will want to build democracy and strengthen the middle class?">Feudal Lords Of Finance</a>
  • Supporting Articles: <a href="http://www.huffingtonpost.com/elizabeth-warren/america-without-a-middle_b_377829.html" target="_blank" title="America without a strong middle class? Unthinkable, but the once-solid foundation is shaking.">America Without a Middle Class</a>, <a href="http://sociology.ucsc.edu/whorulesamerica/power/wealth.html" target="_blank" title="In 2007, 20 percent of Americans owned 80 percent of the nations wealth.">Wealth, Income, and Power by G. William Domhoff</a>
Posted in Common Wealth   |   Tagged ,   |   3 Comments   |