Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

shockey80

(4,379 posts)
Mon Jul 31, 2017, 09:24 AM Jul 2017

The transfer of wealth (business) is booming.

Corporate profits are way up. Stock market up. They love deregulation and tax cuts. Wages up a little.

The republican failed healthcare plan was a transfer of wealth plan. Take 800 billion from the poor and working class and give it to the rich. They wanted that money to pay for tax reform. Where will they go next to get that money? Tax reform has to be budget neutral or it will not pass.

Deregulation is happening across the board. This is a transfer of wealth and it also puts peoples lives at risk. Deregulation of the work place, environment, etc. People will die or get hurt badly.

Federal workers are under assault. Overtime pay is under attack. Pensions and healthcare are under assault. Unions under assault.

The wealth divide is going to become much bigger. This will put the economy at risk. How many times do the working people have to watch this movie before they wake the fuck up?

The number one business in America is the transfer of wealth business. It is the number one threat to the working people of America.

10 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

RKP5637

(67,101 posts)
1. The core problem is many Americans are bred to be led, not think than to vote in the
Mon Jul 31, 2017, 09:35 AM
Jul 2017

GOP, and many love authoritarian power so they don't have to think. And millions are misinformed, and about half don't even bother to vote, lazy. And many are just plain stupid and beyond reach. It's a country ripe for authoritarian rule and sadly Trump knows how to work the levers. Plus, you have the ever-faithful, so prone to being lambs, fodder for Trump.

That doesn't mean we cave in, but rather there is endless baggage to drag along.

dlk

(11,540 posts)
3. The U. S. Has Become a Corporate Autocracy
Mon Jul 31, 2017, 09:39 AM
Jul 2017

Americans now exist to make profits for corporations. Everything else takes a back seat.

DK504

(3,847 posts)
4. The deregulation began in St. Ronnie's disgusting administration.
Mon Jul 31, 2017, 09:50 AM
Jul 2017

He couldn't wait to rip the country apart when he was elected. He took each seector of business and began the beginning of what we have today. His hatered of the Dept. of Education was well evident when he was Gov. of California, he tried to destroy the UC system and then went after public education in lower schools.

He defunded everything except defense and the Social Security fund he raided has never been reimbursed. The John Birchers have returned, not they ever went away but now it has gotten it's foothold back in to our country and will take another 50 years to get rid of it, if we are able.

IronLionZion

(45,409 posts)
5. They are making America great again
Mon Jul 31, 2017, 12:29 PM
Jul 2017

for a few, while it sucks for many. Just like it was 100 years ago when robber barons ruled over impoverished peasants and discrimination was old fashioned and awesome for the ones who benefited. People are increasingly deluding themselves into believing there is only one type of American.

AwakeAtLast

(14,124 posts)
6. And who is going to benefit when the stock market crashes?
Mon Jul 31, 2017, 12:53 PM
Jul 2017

Wasn't it 45 who bragged about getting bargain stocks after 9/11?

Latest Discussions»General Discussion»The transfer of wealth (b...