Another Study Shows That the Fox Republican Party Propaganda Network Dumbs Down It’s Viewers

By now, everybody with the exception of dumb downed Fox News Viewers knows the truth of the headline of this story. But there is something that is probably less well known. Here it is; all of the corporate news media do the same thing, only the difference between them and Fox News is a matter [...]

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The Evidence is In: Tax Cuts for the Rich Do Not Create Jobs, They Destroy Jobs

The one percent richest Americans are drowning in money. Corporate earnings are at a fifty year high. The fortune 500 saw an increase in their 2011 profits 16 percent higher than in 2010. The top one percent took 93 percent of all US income growth for the last two years, leaving the 99 percent with [...]

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Warren Buffett, American Patriot, Urges Shared Sacrifice

At an annual meeting for shareholders of Berkshire Hathaway in Omaha, Nebraska, Warren Buffett, the world’s third richest person said, “When we are asking for shared sacrifice from the American people, I would at least make sure that the people with these huge incomes get taxed at a rate that is commensurate with the rate [...]

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One of the ways the government lies to us: And What they don’t want to tell us.

The government lies to us in many ways. Take Gross Domestic Product (GNP), for instance. That’s the measurement of all the production of services and goods, private and government, for any given period of time. The government says the economy via GDP is taking off, but history shows us this is an anemic recovery. The [...]

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Obama Proposes to Redistribute More Income From Working Americans to the Rich Via Corporate Tax Cut

President Obama today proposed reducing the corporate tax rate and putting “an end to dozens of loopholes he said helps US companies move jobs and profits overseas.” “It’s not right and it needs to change,” the president said. I don’t disagree with what the president said. However, while closing incentives to ship and create jobs [...]

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ANALYSIS: GOP Candidates’ Tax Cuts For The Rich Are Up To 270 Times Larger Than Their Tax Cuts For The Middle Class

The Republicans are up to it again. They want to cut taxes for the Gods of Wall Street. You know those guys. The Republicans and many Democrats say those are the folks that create jobs, even if it hasn’t ever been true, and even if their tax cuts actually destroy jobs, which they did. The [...]

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Robert Reich: Obama finally calling out GOP’s hypocrisy on tax cuts

Click here for the story and the video about Robert ReichRobert Reich is calling it right: “hypocrisy on tax cuts.” See the story below.

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How the Republican Party became the Party of the Rich

The Republican Party wasn’t always the party of the rich. President Ronald Reagan once insisted that a bus driver shouldn’t pay the same tax rate as a millionaire. Those days are gone. Of course, the truth is that 66 to 80 percent of the Democratic Party is a party of and for the rich. But [...]

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Economic Lies of the Republican: Tax Cuts for the Rich Don’t Create Jobs, They Destroy Jobs and Redistribute Income From Working People to the Rich: Here’s How

By John Hively Republicans have long championed the idea that tax cuts for the rich create jobs. We know that’s a lie. The Bush tax cuts for the wealthy created negative private sector job growth for the last ten years. They also helped to send us spiraling into the current slow motion 2nd Great Depression. [...]

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Re-Inflating the Housing Bubble

During the last few months the Federal Reserve has lowered home mortgage interest rates to under 5 percent. The Tresury Department has purchased tens of millions of dollars of long-term T-bills, and put downward pressure on long term interest rates in doing so. And Congress has passed and the president signed another bailout package to [...]

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