The Republicans Are Coming, the Republicans Are Coming!!

[Segami]

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Scott Walker celebrates his win in the Wisconsin GOP gubernatorial primary, September 14, 2010.
Once Walker took office he orchestrated a nearly $140 million tax break for out-of-state corporations.
He then proposed to balance the state's budget by forcing state workers to contribute to their
pension funds. (Photo: WisPolitics.com)




:smoke: :smoke: :smoke:



" If you are not numbered among the wealthiest five percent of Americans with the distinct prospect of securing 85 percent of your annual income across the length of your retirement, you should be terribly worried. If you don't qualify, the present Republican onslaught is not for you.


Thirty years in the making, the Republicans are bent on evaporating anything that resembles a public good, on curtailing government and most anything government does beyond security and basic services. They are committed to dissolving all regulatory regimes, from financial and banking to environmental conditions and labor standards. They are insisting on swapping out social security support for privatized and self-directed retirement schemes (401(k)'s). They are pushing to dissolve public education and to destroy union representation, especially for public workers such as teachers. And they are working to outsource public functions to private for-profit outfits.


The current trend has a long trail. Contrary to what tax-cut rationalizers have been insisting, Bush-era tax cuts diminished, not increased, total income in the US - by $2.7 trillion. In 2008, average income was down 5.8 percent compared to 2000. One in every eight dollars in tax reductions went to the top .1 percent of taxpayers (those earning $2 million per year or more). These are the same tax reductions extended in December 2010 for another two years by Obama under Republican pressure. In the mid-1970's, the top one percent owned 20 percent of the nation's wealth. Today, it is closer to 35 percent. The top 20 percent own 80 percent, the bottom 20 percent something like one percent.

Where Republicans are unable to achieve their desired ends directly, they do it by indirection, starving public services of the means to pay for public activities, or now, as in Wisconsin, fabricating budget shortfalls by arranging large corporate tax reductions as a pretext to cut social programs. The overwhelming beneficiaries of this drastic rolling back and restricting of taxes, old and new, are corporations and the wealthiest of citizens, to the detriment of everyone else.


cont'


http://www.truth-out.org/the-republicans-are-coming-republicans-are-coming67930



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[sinkingfeeling]

1. To the Greatest Page so this can be read by all.

[global1]

2. Someone Needs To Re-Write This Description Of The Repugs So That......

all American people can understand it in very simple terms and realize how the Repugs are undermining their very existence. Unfortunately - not all Americans have the capability of reading this description of what the Repugs have been doing and understanding it.

It needs to be rewritten in a format that all Americans can understand and it needs to be widely distributed to all Americans.