The Rigged Game: Wall Street Banks and the Big Government Handout

Wall Street Banks and the Big Government Handout: These banks give out high dividends from the taxpayers to their rich welfare-shareholders and CEOs. The game is rigged against the 99 percent because the 1 percent own the goverment, lock, stock and barrel. Just ask Wall Street Senator Ron Wyden.

Do you want to see how much Wall Street has gotten from the Federal Reserve? Check out this link; http://johnhively.wordpress.com/2011/12/05/breakdown-of-the-26-trillion-the-federal-reserve-handed-out-to-save-rich-incompetent-investors-but-who-purchase-political-power/

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Did Congressman Ron Paul Stand With the 99 Percent?

The following video was seen by me on
http://surfer53.wordpress.com/2012/12/30/ron-paul-stood-with-the-99/

I watched the video and I didn’t think Ron Paul stood with the 99 percent because in this video he doesn’t mention anything about how federal legislation has been purchased to ensure that income and wealth have been redistributed to the 1 percent from the 99 percent for the last thirty years. Although Paul has some good understandings about the Federal Reserve and Wall Street, I don’t see him standing up for the 99 percent against the parasitic 1 percent. It is corruption in our entire political system that has brought this about. Mr. Paul doesn’t say anything about that in this video. Therefore, in my opinion, Ron Paul never stood up for the 99 percent.

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Oil Corporation Subsidies Are Welfare For the Rich

US government subsidies to Big Oil serve to increase profits, dividends and share prices. That means those subsidies go either directly or indirectly into the pockets of the 1 percent. Those subsidies are welfare for the rich, of the rich and by the rich. They ought to be the first thing cut in the fiscal cliff negotiations, rather than say, Medicaid payments. But Big Government is a rigged game in favor of the 1 percent sucking the 99 percent financially dry.

Oil Corporation Subsidies are Welfare for the Rich

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Why Bernie Sanders Opposes the Election of Wall Street Mitt the Twit Romney

Mitt the Twit is a Wall Street plutocrat, a firm believer in government of the rich, by the rich, for the rich, and always at the expense of the 99 percent. Unfortunately, President Obama believes this too. They’re both representatives of Wall Street rivals. However, Obama seems to represent a slightly more compassionate side of Wall Street. So while I’ll vote for a third party candidate, Obama would be better a better presidential choice than Wall Street Corporate Raider Mitt. Mitt is an economic disaster waiting to happen, even more raping and pillaging of the 99 percent and taking their incomes and wealth and redistributing it to the 1 percent.

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The Betrayal of the American Middle Class Was Not An Accident

As I pointed out in The Rigged Game, the massive redistribution of income and wealth from the 99 to the 1 percent was not an accident. It was planned by our ruling elite and brought to fruition by their corrupt drones in political office, such as Wall Street Senator Ron Wyden and Wall Street Congressman Earl Blumenauer.

Click the link below for more on the story.

The Betrayal of American Middle Class Was Not An Accident–Truthout.org

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Mitt Romney Plans Fiscal Austerity for the 99 Percent, Just Like Europe Has Done.

Wall Street Mitt the Egghead Twit Romney wants to cut taxes on the rich and raise taxes on the 99 percent. He would decrease overall taxation in the process and cut government programs, such as Medicare and Medicaid to pay for the tax cuts to the 1 percent. But what is Mitt really saying?

He wants to reduce government spending to give the rich a tax break they don’t need. And there is not a single shred of evidence whatsoever that any tax cut for the rich has ever created a single net job. Those kind of tax cuts are jobs destroyers, and always have been.

On the other hand, if Dumb Dumb Mitt raises taxes on the middle class, anybody with a fart for a brain knows that action is going to cut into the demand for goods and services, and it will slow and perhaps destroy what little job growth there currently is. Likewise, cutting government spending would have the same impact.

The only things slowing the US economy from slipping off a treacherous financial cliff are the New Deal (like Social Security with its $2.7 trillion surplus which is collecting $118 billion a year in interest and unemployment insurance), the Great Society programs (such as food stamps) and the government deficit. All of these boast the demand for goods and services.

Mitt’s plan is similar to what was recently tried in Europe: Austerity. It failed as everybody knew it would.

In the US, there is no shortage of wealth and income that could finance local, state and federal programs. It’s called taxing the rich. Those folks have stolen via legislation trillions of dollars from the 99 percent. They should be made to give it back.

All Mitt wants to do, is continue the scam of redistributing income from the4 99 to the 1 percent. And that’s called a disaster.

Related stories

The Failure of Europe's Austerity Madness–New York Times

There is No Evidence That Tax Cuts for the Rich Create Jobs–Truthout.org

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Another Conservative Economic Lie Exposed

Parasite Wall Street Mitt Romney says the US jobs numbers are catastrophic, horrible and even worse, and the US needs to cut taxes for corporations and the rich, as well as bust unions, to solve the problem. Then we’d open the floodgates to millions of jobs. That’s pure bull crap, and Wall Street Mitt knows it.

Right now US corporations are sitting on $1.7 trillion in the US and over $5 trillion worldwide. Apple Inc. is sitting on $117 billion. Why isn’t supply-side economics working? There’s only one answer. It never has. It was always a lie to deceive the 99 percent. So giving tax breaks to corporations and the rich will only allow them to purchase more political power with which to suck the rest of us dryer, thereby depressing the economy and jobs markets further. Then the 1 percent will use their financial muscle to legislatively steal more from the 99 percent and stick their ill gotten gains in their own pockets. That’s why Wall Street Mitt’s call for more tax cuts for corporations and the rich will only lead to more disaster for the 99 percent.

That’s precisely why labor’s share of total national income has sunk to its lowest level since records have been kept. That’s the real issue and the real economic point that needs to be made. Demand is weak because the middle and poor classes have been legislatively sucked financially dry by the parasites of the 1 percent.

Click the link below for the rest of the story.

Conservative Economic Lies Exposed–The Guardian UK

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The Ultimate Parasite: Mitt Romney

The Boston Globe reports this morning that Mitt Romney stayed on as CEO of Bain Capital three years longer than he claims. That means he shipped three years worth of jobs, tens of thousands of jobs, overseas more than he previously had claimed. Romney says he left Bain Capital in 1999. Records list him as Bain’s CEO in 2002. What a lying son-of-a-bitch.

No wonder Wall Street Mitt Romney supports free trade treaties. They allowed him to ship jobs 0f the 99 percent overseas, then stuff the difference between the old higher wages here and the new lower wages there into his fat wallet. The Globe also reports that Romney was the sole shareholder in Bain. Destroying jobs, redistributing the income of the 99 percent to his fat wallet, that’s how he made his millions. That makes Romney the ultimate parasite. It also makes him the ultimate liar.

Click on the links below to see the complete story.

Boston Globe Reports That Mitt Romney Stayed Three Years Longer at Bain Capital Than He Claims

Mitt Romney Stayed at Bain Capital Longer Than He Claims

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Corporate Profits Hit All Time High

Corporations are income redistribution conduits of the 1 percent. They are known as “organized money,” and are intended to suck the rest of us dry. They’re very efficient at this task. That’s why corporate profits are at an all time high. In each industry, they simply jack up their prices, usually nearly simultaneously, certainly within days of each other. There are plenty of examples of this, such as the latest artificial crisis created by Big Oil that resulted in higher prices at the pump. Most industries work like that; coffee, tea, cereal, toilet paper, electronics, etc….

Obviously, the difference between the old prices the 99 percent pays and the new higher prices goes into the pockets of the 1 percent via higher corporate earnings, increased dividends and rising share prices. None of this could occur without this income redistribution scam. If businesses really competed, we’d have declining prices, which would result in reduced earnings, dividends and share prices. It would also stop the income redistribution scam, which is helped by government. Wall Street would also collapse.

The feds won’t enforce the Sherman Anti-Trust Act and force competition on corporations, except, of course, for the little guys. And secondly, the government makes sure the methodology that it uses to gauge inflation does not include most price increases, such as energy and food. The feds have tweaked the methodology 20 times since 1981. This means they’ve perfected a way to fool the vast majority of citizens, but not all of us.

Also, corporations have shipped plenty of jobs overseas under the disguise of free trade treaties. The difference between the old wages here and the new lower wages there sneak into the already fat wallets of the rich via higher dividends and share prices. In other words, free trade treaties are an income redistribution scam.

The rise in corporate profits during economic tough times, like those we currently live in, is caused by these conspiracies and not by wonderfully adept management. In fact, corporations are so badly mismanaged that incompetent CEO’s are forced to engage in these illegal conspiracies, aided and abetted by a government completely corrupted by Organized Money. But these CEOs receive awesome compensation for their incompetence.

Related Story

Corporate profits at an all time high!

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On Behalf of the 99 Percent; Attack of the Ice Cream Master!

Ben Cohen is the co-founder of Ben & Jerry’s ice cream. He’s also a financial backer of the Occupy movement. Cohen says he is helping to launch “a campaign this summer to highlight the influence of corporate money in American politics.”

“Cohen and the Move to Amend advocacy group will distribute rubber stamps with anti-corporate election spending messages so that the politically minded can mark their dollar bills. The end goal: To secure a constitutional amendment saying corporations do not enjoy the same protected rights as individuals and that money is not a form of speech.”

Click the link below for the complete story.

Ben Cohen; Attack of the Ice Cream Master!

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