Trump Is The Natural Consequence Of The Anti Democracy Decade

Discussion in 'Politics' started by skews13, Dec 8, 2019.

  1. skews13
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    skews13 Gold Member

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    That same year, corporations flooded the presidential, Senate and House elections with $3.4bn in donations. Labor unions no longer provided any countervailing power, contributing only $213m – one union dollar for every 16 corporate. Big corporations and the super-wealthy lavished their donations on the Republican party because Republicans promised them a giant tax cut. As Lindsey Graham warned his colleagues, “financial contributions will stop” if the GOP didn’t come through.

    The investments paid off big. Pfizer, whose 2016 contributions to the GOP totaled $16m, will reap an estimated $39bn in tax savings by 2022. GE contributed $20m and will get back $16bn. Chevron donated $13m and will receive $9bn. Groups supported by Charles and the late David Koch spent more than $20m promoting the tax cut, which will save them and their heirs between $1bn and $1.4bn every year. Not even a sizzling economy could match these returns.

    The tax cut has contributed to record corporate profits but almost nothing has trickled down. Companies have spent most of their extra cash on stock buybacks and dividends. This has given the stock market a sugar high but left little for average workers. Such workers have been shafted. Despite the longest economic expansion in modern history, real wages have barely risen. The share of corporate profits going to workers still isn’t back to where it was before the 2008 financial crisis. Never in the history of economic data have corporate profits outgrown employee compensation so clearly and for so long.

    The so-called “free market” has been taken over by crony capitalism, corporate bailouts and corporate welfare.

    Trump is the natural consequence of our anti-democracy decade | Robert Reich

    Anti American corporate socialism. AKA: Trickle down economics.
     
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  2. depotoo
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    depotoo Diamond Member

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  3. blackhawk
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    blackhawk Gold Member

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    rubber_room.jpg
     
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  4. daveman
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    daveman Diamond Member

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    Funny how OP didn't mention the billions donated to Democrats.
     
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  5. depotoo
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    depotoo Diamond Member

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    Of course he didn’t.
     
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  6. Kondor3
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    Kondor3 Cafeteria Centrist

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    Trump is the natural consequence of a variety of Democratic Party stupidity over the past two or three decades...

    Democrats took sides with Illegal Aliens rather than their fellow countrymen...

    Democrats shoved the Gay Mafia Agenda down America's throat...

    Democrats shoved their White Folk to the side and began favoring Minorities simply because of their color...

    Democrats spent like drunken sailors with no end in sight for either spending or taxation...

    Democrats took over much of the media and began using it for Public Shaming...

    White Straight Christian Middle-America, collectively, finally vented its disgust with Liberal policies, on November 8, 2016...

    Much of America would rather have voted-in a fence-post than endure another smarmy smurf whiny Democrat...

    Even an Orange Baboon amoral arrogant incompetent lying POS, assuming that he promised 'em what they wanted to hear...

    Helluva con-job, fer shure...:(

    Tragically, the idiot Democrats have not learned the lessons of November 8, 2016, with respect to policies and platforms and agendas...

    Consequently, the Democrats risk enabling the Con-Man-Robber-Baron a second time, goddamned fools.
     
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    Last edited: Dec 8, 2019
  7. depotoo
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    depotoo Diamond Member

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    Pfizer, Inc"
    .........Total................Dems.........Reps ......D.....R
    2012 $2,560,834 $1,279,245 $1,236,546 50% 48%
    2010 $2,086,408 $1,062,693 $1,002,215 51% 48%
    2008 $2,247,263 $1,129,344 $1,112,544 50% 50%
     
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  8. okfine
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    okfine VIP Member

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    Banks were the big beneficiaries. Don't you love it?

    Story from the beginning of the year, but relevant:

    'A large chunk of their profits “were from the Trump tax cuts, which they didn’t pass along to tens of millions of hardworking Americans, who are still getting next to nothing on their savings accounts,” he added.'

    Trump's tax law makes big winners of banks, giving $29B boost to profits
     
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  9. EvMetro
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    EvMetro Gold Member

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    Mmm.. no. Trump is the natural consequence of the failure of Democrats and Republicans. People like me elected Republicans for a landslide victory in 2014 mid terms, but those republic didn't follow through on their campaign promises. When the newly elected Republicans lined up behind obama, I knew I could no longer Germany vote for Repubs. I also knew that I couldn't vote Democrat either, but them came Trump. Trump kicked the Repubs off of the Republic platform and used it for his own campaign, effectively defeating repubs. He also defeated the dems. Trump was the result of a perfect storm, the failure of both repubs and dems. Trump represents we the people, not the establishment.
     
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  10. okfine
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    okfine VIP Member

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    You need to crawl out the holler.
     
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