Posts Tagged ‘Rich’
Posted in Economics, Economics, recession, income redistribution, Politics, Recessions, the Rigged Game, wealth redistribution, tagged 2013, Income, inequality, Rich, wealth on Jam5000000amTue, 07 May 2013 09:19:50 +000013 10, 2010 | Leave a Comment »
Posted in corruption, Economics, the Rigged Game, Uncategorized, tagged corruption, Fiscal cliff, Free trade, George Bush, John Boehner, offshoring, political, Rich, Ron Wyden, Tax cuts, Taxes on Jam12000000amMon, 17 Dec 2012 11:18:50 +000012 10, 2010 | Leave a Comment »
It looks as if House leader John Boehner (pronounced “Boner”) will cave and not push to extend the Bush tax cuts with the fiscal cliff looming. This is stunning since the Republican Party is owned and operated by the Koch Brothers and several other anti-American billionaires. The vast majority of American citizens want the Bush tax cuts for the rich to expire. They want higher taxes on the rich, which would do a lot of good for the American economy. The Bush tax cuts have been a disaster; they’ve given greater political power to the uber rich to pressure CEO’s to ship jobs overseas, for example. That isn’t good for the rest of us, although Boner and Wall Street Senator Ron Wyden think so. Luckily, Congressman Boner has seen the light. But it’s more than likely he has no choice in the matter, given the mood of the American people. So for the good of the Republican Party, which he always puts ahead of the needs of the nation, Boner might just cave in to the demands of vast majority of the American people.
Click the link for the complete story and a video analysis.