Feeds:
Posts
Comments

Archive for December 25th, 2013

In the USA, money reigns over democracy more and more. Politicians ignore the will of the majority whenever it pleases them and the parasites of the 1 percent. That includes their politicians, such as Wall Street Senator Ron Wyden, a notorious liar and servant of Wall Street. He is supposed to represent the interests of the people of Oregon, but he never does when it is at cross purposes with his masters of Wall Street. The corporate propaganda machine defends Wyden by creating illusions about what he is and what he does, rather than the truth. In that way, they keep our eyes off the prize of the American dream that Wyden is constantly redistributing to the parasites of the 1 percent via federal legislation. This makes Wyden, as well as such Wall Street politicians as John Boehner, Rand Paul, Mitch McConnell, and about 90 percent of the US senate and House of Representatives nothing but parasites of the 1 percent. That’s why it’s a rigged game against the 99 percent, and there are plenty of examples of how democracy is nothing more than an illusion any more.

According to economist Richard Wolff, “2013 drove home a basic lesson: US capitalism’s economic leaders and their politicians now regularly ignore majority opinions and preferences. For example, polls showed overwhelming popular support for higher taxes on the rich with lower taxes on the rest of us and for reversing the nation’s deepening economic inequalities. Yet Republicans and Democrats, including President Obama, raised payroll taxes sharply on January 1, 2013. Those taxes are regressive; they take a smaller percentage of your income the higher your income is above $113,700 per year. Raising the payroll tax increased economic inequality across 2013.”

Click on the link below for more of this story.

Capitalism and Democracy: Year-End Lessons–Z Communications

Advertisements

Read Full Post »

%d bloggers like this: