Since DC Democrats and Republicans are tone deaf to anything that doesn't ring of corporate cash, it falls on workers to demand a massive public works program which can be funded by taxing corporations and the richest Americans at pre-Reagan levels.
"And it makes complete sense because the growing inequalities in wealth over the past three decades has meant a spectacular concentration of wealth at the top.
"The rich have plenty of money to spare."
Spare me the brain-dead conservative vomit about how hard the rich have "worked" for all their money.
The rich have the money because Republicans AND Democrats threw money at Wall Street banks and hedge funds instead of prosecuting the executives responsible for the biggest economic downturn since the Great Depression.
The rich have the money because their chief enabler, The Federal Reserve, has fueled a major commodity bubble "that may be in the midst of bursting, possibly triggering a double dip recession."
Throw in high unemployment which allows the rich to work remaining employees harder and thus increase profits and combine it with commodity speculation and you have the entire basis for a corporate recovery which both major parties tout as "proof" of economic "recovery."
It's another lie the rich tell.
When the Fed stops purchasing 60% of US Treasury bonds, a new creditor will have to step up. One that will probably demand significantly higher interest rates before loaning anymore money to the US Government.
Surprise, surprise - the rich win again!
They got all that free bail-out money which increased the deficit.
None of them went to prison for their crimes.
Their bottom lines are being enhanced by commodity speculation and high unemployment.
And now the rich want higher interest rates for investing in US Treasury Bonds.
"In (all) instances working people pay the bills."
The Rich Are Destroying the Economy | Common Dreams
"And it makes complete sense because the growing inequalities in wealth over the past three decades has meant a spectacular concentration of wealth at the top.
"The rich have plenty of money to spare."
Spare me the brain-dead conservative vomit about how hard the rich have "worked" for all their money.
The rich have the money because Republicans AND Democrats threw money at Wall Street banks and hedge funds instead of prosecuting the executives responsible for the biggest economic downturn since the Great Depression.
The rich have the money because their chief enabler, The Federal Reserve, has fueled a major commodity bubble "that may be in the midst of bursting, possibly triggering a double dip recession."
Throw in high unemployment which allows the rich to work remaining employees harder and thus increase profits and combine it with commodity speculation and you have the entire basis for a corporate recovery which both major parties tout as "proof" of economic "recovery."
It's another lie the rich tell.
When the Fed stops purchasing 60% of US Treasury bonds, a new creditor will have to step up. One that will probably demand significantly higher interest rates before loaning anymore money to the US Government.
Surprise, surprise - the rich win again!
They got all that free bail-out money which increased the deficit.
None of them went to prison for their crimes.
Their bottom lines are being enhanced by commodity speculation and high unemployment.
And now the rich want higher interest rates for investing in US Treasury Bonds.
"In (all) instances working people pay the bills."
The Rich Are Destroying the Economy | Common Dreams