Bill Moyers: The Plutocrats Are Winning. Don’t Let Them!

[marmar]

The Plutocrats Are Winning. Don’t Let Them!
The vast inequality they are creating is a death sentence for government by consent of the people. This is the fight of our lives and how it ends is up to us.

BY BILL MOYERS | DECEMBER 22, 2015


Dear Readers:

In the fall of 2001, in the aftermath of 9/11, as families grieved and the nation mourned, Washington swarmed with locusts of the human kind: wartime opportunists, lobbyists, lawyers, ex-members of Congress, bagmen for big donors: all of them determined to grab what they could for their corporate clients and rich donors while no one was looking.

Across the land, the faces of Americans of every stripe were stained with tears. Here in New York, we still were attending memorial services for our firemen and police. But in the nation’s capital, within sight of a smoldering Pentagon that had been struck by one of the hijacked planes, the predator class was hard at work pursuing private plunder at public expense, gold-diggers in the ashes of tragedy exploiting our fear, sorrow, and loss.

What did they want? The usual: tax cuts for the wealthy and big breaks for corporations. They even made an effort to repeal the alternative minimum tax that for fifteen years had prevented companies from taking so many credits and deductions that they owed little if any taxes. And it wasn’t only repeal the mercenaries sought; they wanted those corporations to get back all the minimum tax they had ever been assessed.

They sought a special tax break for mighty General Electric, although you would never have heard about it if you were watching GE’s news divisions — NBC News, CNBC, or MSNBC, all made sure to look the other way.

....(snip).....

It was a disgusting bipartisan spectacle. With words reminding us of Harry Truman’s description of the GOP as “guardians of privilege,” the Republican majority leader of the House dared to declare that “it wouldn’t be commensurate with the American spirit” to provide unemployment and other benefits to laid-off airline workers. As for post 9/11 Democrats, their national committee used the crisis to call for widening the soft-money loophole in our election laws. ..............(more)

http://billmoyers.com/story/the-plutocrats-are-winning-dont-let-them/

[shireen]

1. bumping this post

good read!

[Broward]

2. Great piece by Moyers. The plutocrats have bought off both parties.

We must rid the corporatists from the Democratic Party to have any chance.