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Thread: "The Soul of America"

  1. #1
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    Default "The Soul of America"

    The honorable Bernie Sanders


    excerpt;


    Despite such terminology as "fiscal cliff" and "debt ceiling," the great debate taking place in Washington now has relatively little to do with financial issues. It is all about ideology. It is all about economic winners and losers in American society. It is all about the power of Big Money. It is all about the soul of America.

    In America today, we have the most unequal distribution of wealth and income of any major country on earth, and more inequality than at any time period since 1928. The top 1 percent owns 42 percent of the financial wealth of the nation, while, incredibly, the bottom 60 percent own only 2.3 percent. One family, the Walton family of Wal-Mart, owns more wealth than the bottom 40 percent of Americans. In terms of income distribution in 2010, the last study done on this issue, the top 1 percent earned 93 percent of all new income while the bottom 99 percent shared the remaining 7 percent.

    Despite the reality that the rich are becoming much richer while the middle class collapses and the number of Americans living in poverty is at an all-time high, the Republicans and their billionaire backers want more, more, and more. The class warfare continues.

    ...

  2. #2
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    Billionaire backers such as Sau(o)ron(s) and the avarice driven ideology of greed and extortion to abscond with the work product of others through fiscal sodomy and enslavement... the class warfare waged by the socialists and their enablers is indeed patent.

  3. #3
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    And WHAT librat democratic social engineering programs have actually worked towards fixing the <albeit nonsensical> injustice here?

    Dodd-Frank?

    Freddie and Fannie?

    Giving out "green loans" to shell companies of obama campaign bundlers like Solyndra?

    granting de-facto immunity to maddoff for IMF Global??

    Oh, wait I know.....

    Fast and Furious!

    Please enlighten those of us out here in the REAL WORLD, which of the great librat policies of the last century have helped bridge the chasim?

  4. #4
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    Say 'no' to the oligarchy.

    Some people never learn.

  5. #5
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    That the implementation of the State first ideology serves as the perfect vessel for those against whom the middling Statists rail against continues to escape them.

  6. #6
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    America has no soul.

  7. #7
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    Quote Originally Posted by gonzoliberal View Post
    The honorable Bernie Sanders


    excerpt;

    In America today, we have the most unequal distribution of wealth and income of any major country on earth, and more inequality than at any time period since 1928. The top 1 percent owns 42 percent of the financial wealth of the nation, while, incredibly, the bottom 60 percent own only 2.3 percent. One family, the Walton family of Wal-Mart, owns more wealth than the bottom 40 percent of Americans. In terms of income distribution in 2010, the last study done on this issue, the top 1 percent earned 93 percent of all new income while the bottom 99 percent shared the remaining 7 percent.

    ...
    You want to make more money? Get off your butt and do something about it. "unequal distribution"...what a crock.

  8. #8
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    For example, we have got to eliminate loopholes in the tax code that allow large corporations and the wealthy to avoid more than $100 billion in taxes every year by setting up offshore tax shelters in places like the Cayman Islands, Bermuda and the Bahamas. This situation has become so absurd that one five-story office building in the Cayman Islands is now the "home" to more than 18,000 corporations.
    $100 billion of $3.8 trillion. A mere 2.6% of Bernie's oligarchy's greed. And he wonders why one building in the Cayman Islands is the home to more than 18,000 corporations? He needs to look in the mirror.

  9. #9
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    The Joint Committee on Taxation (the official revenue scorekeeper in Congress) has estimated that we could raise more than $582 billion in revenue over the next decade by eliminating these offshore tax loopholes.
    $58 billion of $3.8 trillion. 1.5% of Bernie's greed.

  10. #10
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    We must also recognize that Wall Street recklessness caused the economic crisis, and it has a responsibility to reduce the deficit. Establishing a 0.03 percent Wall Street speculation fee, similar to what we had from 1914-1966, would dampen the dangerous level of speculation and gambling on Wall Street, encourage the financial sector to invest in the productive economy and reduce the deficit by more than $350 billion over 10 years.
    First, let's not kid ourselves that Bernie's oligarchy didn't have anything to do with the economic crisis. They were enablers via perverse incentives and bailouts.
    That said, $35 billion of $3.8 trillion. .9% of Bernie's greed.

    The dishonorable Bernie Sanders should hang his head in shame. The last time I commented about his government greed there was only $13 trillion in federal debt outside of unfunded obligations. Now it is $16 trillion. Shame on him and the rest of his ilk.

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