RAPE OF MIDDLE CLASS

[clarence swinney]

EMPIRE DESTRUCTION

1980 to 2007

20 YEARS OF 3 CONSERVATIVE PRESIDENTS
18 years Conservative Senate
12 years Conservative House
6 years Total Conservative Control

Redistribution of Wealth to top 20%.

Folk! It is downhill slide for Middle Class.

FACTS---numbers rounded-

1946--1% owned 30% of Total Wealth

1980—20%--a 33% decline due to Estate Tax and High Top Income Tax Rate.

thence cometh conservatism

1989-36%

80% Increase in 8 years of Reaganism

1993-47%

2007--20% owned 93% of Total non home Financial Wealth

80% owned equity in homes.

Most major corporations are owned by WALL STREET RICH MEN CASINO

In 1945, corporations paid 35.4% of federal revenues and 7.4% in 2003

In 2000, 45% of corporations with revenue over 50 million paid no federal tax

Five Wall Street Banks own 75% of all Bank Deposits in America. 5.

Two own 20%.

Think that is not POWER???

FACT CHECK

In 8 years of Bush with 6 years of Total Control

They (wall street rich) created a Net New Jobs of 3000 per month.

Why? That is NET. You take the new jobs created and subtract the ones sent to China, etc

3000! Wow!

Bush took over after Clinton had created 237,000 Net New Jobs per month.

Clinton left Bush a spending of 1830 B Per Year.

Bush doubled it to 3600 B.

Bush inherited a 5700B Debt from Clinton. He took it to 11,500B

20 years of 3 conservative presidents did this horrible thing.

Took the Debt of less than 1000B after 200 years and added on 8000B.

In 2009 they are spinning big time to blame Obama for huge debt.

Conservatives will spend millions to cover up their Big Recession.

Much of that 8000B Debt add-on went to WALL STREET GAMBLERS.

The people do not know what has happened to them.

Forbes list of 400 Richest reveals how many became Billionaires via corporate
takeovers and Hedge Gambling

Right Wingers yell Rich Pay most of taxes.

Income Taxes!Yes! They have most of the money.

Yet! Conservatives transferred much of taxation from Rich to Middle Class. Reagan voiding REVENUE SHARING a disaster for Middle Class where taxes were transferred from Rich Income taxes to Middle Class in State and Local Taxes. Was it by design?

Was it a Designed Act of taxation transfer by Conservatives.

In 2008 the Middle Class paid 30% of nominal Income in Federal-State-Local Taxes.
Top 10% paid 30% also. Progressive tax system?

Social Security Tax Increase in 1983 was it designed to hit the Middle Class and ease on the rich?

Greenspan + Reagan. 6.2% Tax on Middle Class. One earns $50,000 pays 6.2%. Earns $1,000,00 pays 6.4%. Earns $10,000,000 pays 1/10th of 1%. By design to keep rich rich?

Was Destruction of S&Ls a deliberate act of wealth transfer from 400 local investors to individual Rich on Wall Street?

Key actor Michael Milken became a Multiple Billionaire with income of 550 Million in one year from raiding S&L deposits (plus) for his Rich Corporate Raiders on Wall Street.

Raiders like Perelman and Ichan became multiple Billionaires.
Sweat of Brow? Ho Ho.

Bush I had to borrow 140 Billion on 40 year bonds to pay for the raids on S&L's by Wall Streeters.
140B creates many Billionaires and Millionaires. Depositors money was used by those Corporate Raiders and bankrupted the S&L then the government pay off to depositors by Federal Deposit Insurance created Debt for Middle Class.

RAPE OF MIDDLE CLASS 1980-2007

Same ideology gave us Great Depression now Great Recession.

It is not a Depression due to:

Democratic Social Safety Nets such as
Social Security and Medicare

Only the uninformed vote to send conservatives to Washington.

Some type of Revolt will take place in next decade.

Democrats will continue to allow Conservatives with their huge right wing talk shows spreading lies to blame them.

Democrats need a national Megaphone informing all the people as to what has been done and how they have been RAPED by a few million RICH on Wall Street who have taken their Wealth.

I ask one thing.

PROVE ME WRONG. With numbers and facts not usual vile name calling

[e-mail]
author-Lifeaholic-Workaholic to Lifeaholic success
author-unpublished
All American Party-How Democrats created a great successful Middle Class and how Conservatives are determined to destroy it

[truedelphi]

1. It's not just a RAPE, it is an extermination.

Suicide statistics went apeshit upward during George W's reign of terror.

We in the middle incomed class have no relief.

We are expected to pay, pay, pay and nothing is given in return.

Jobs? Hey, according to the new Portrait in the Frame, "Business leaders see profits in keeping the work force numbers down, to maximize their profits, so job gains are minimal."

But it is the overall economy that is crushing the jobs, not just greed. When an entire store folds, the workforce is laid off because of the business going bust - not because of greed. (Though in some industries, such as those found in Silicon Valley, greed is very muchna factor. Which Portrait in the frame acknowledges as being A-okay with him "I am for H 1 Visas.")

Our rights as citizens have been put in the toilet by these phony, ever expanding wars on terrorism. Rahm does a cute little Goebells-style dance when announcing how under the Obama Adminstratrion, those on the "no fly list" will not be allowed guns. (A list whose names are totally made up in many cases, and offer no protection in the way of a citizen's right to protest or have his case heard in court.)

Our leaders talk about exporting our lifestyle to other nations, via war, so that citizens in such places as Afghanistan can reap the rewards. What rewards?

WE CAN PAY FOR WAR AND MORE WAR, even though fewer than 70 Aermicancs are killed by terrorists each year. Meanwhile 44,000 of us die at the hands of the Health Care industry criminals, year in and year out.

[HiFructosePronSyrup]

2. Nature is four-sided harmonic time cube.

Evil educators are educated stupid.

Prove me wrong.

[Subdivisions]

3. I've said it many times before and I'll say it yet again, our standard

of living is being reduced to more closely match that of China or Indonesia. The powers that be are sick and tired of paying us a wage that allows us to have the Great American Dream, which is now dead, dead, dead! Ironically, once they've got us working class slaves down to a couple of buck a day, the factories and jobs will return. But, we'll be living in scrap metal shanty's on company property just like they do in China. And we'll be making shit for the top 20% while working 16 hours a day.

And Americans are to goddamned cowardly, fat, stupid, or lazy to do anything to stop it.

[jgraz]

4. *Three* conservative presidents?

I count five.

[mitchum]

5. +1

[glitch]

6. +2 nt

[progressoid]

7. This post hurts

[Javaman]

8. Brilliant. K&R, bookmarking and forwarding to others. nt

[CanonRay]

9. No argument, you nailed it