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According to Forbes Magazine, not a single billionaire shows any financial support for Bernie Sanders in his run for the presidency. What do the billionaires expect in return for their support of the other candidates? We will not know unless we elect the billionaire’s candidate. One thing is certain; some of the billionaires want to continue to redistribute more income and wealth from the 99 percent to themselves.

The list was last updated on August 13th. According to Forbes, “67 billionaires—including spouses and members of billionaire families—had donated to the 20 Democratic candidates that debated in Detroit last week. Some, like Lowercase Capital founder Chris Sacca and his wife, Crystal, have donated to as many as seven candidates. Others, like Bill Gates and Warren Buffett, have instead chosen to donate to only one of the contenders, according to data from the U.S. Federal Election Commission.”

Below is a list of the candidates rated by how many different billionaires support their public and non-public positions (i.e. We do not know what was promised).

1. Pete Buttigieg: 23 billionaire donors
2. Corey Booker: 18 billionaire donors
3. Kamala Harris: 17 billionaire donors–no wonder she says one thing to the public and another thing to her campaign donors.
4. Michael Bennet: 15 billionaire donors
5. Joe Biden: 13 billionaire donors
6. John Hickenlooper: 11 billionaire donors
7. Beto O’Rourke: 9 billionaire donors
8. Amy Klobuchar: 8 billionaire donors
9. Jay Inslee: 5 billionaire donors
10. Kirsten Gillibrand: 4 billionaire donors
11. Elizabeth Warren and John Delaney: 3 billionaire donors each
12. Steve Bullock: 2 billionaire donors
13. Tulsi Gabbard, Andrew Yang, and Marianne Williamson: 1 billionaire donor each
14. Bernie Sanders, Julian Castro, Bill De Blasio, and Tim Ryan: 0 billionaire donors

We all knew Joe Biden has always been a servant of Wall Street. What we did not know was who were the other stealth candidates for the rich. Pete Buttigieg, Corey Booker, and Kamala Harris are at the top of the list of the billionaires. A vote for them is a vote for redistributing income from the 99 percent to the billionaires.

Bernie, Julian Castro, Bill De Blasio, and Tim Ryan are the least favorite of the billionaires. A vote for them is a vote for the 99 percent.

Elizabeth Warren is the surprise here. She is a consistently ardent supporter of the 99 percent and an avowed enemy of the billionaires of Wall Street. Warren has received contributions from the wife of GitHub founder Tom Preston-Werner and from Susan Pritzker, the spouse of Hyatt heir Nicholas Pritzker, II.

The Billionaires and their Democratic Presidential Candidates–Forbes

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Bernie Sanders announced he is running to be the Democratic Party nominee for United States president in 2020. The billionaires who control the national news media immediately began the negative coverage of Sanders.

The New York Times, for example, immediately published a story about how incompetent the Sanders campaign had been in getting its message out to African-American voters.

CNN broadcast a story about how it will be more difficult for Sanders to win the nomination in 2020 than it was in 2016. The argument is that Sanders is now running against women, suggesting in the process that Hillary Clinton, the most politically powerful female in US political history, was not a woman. Or perhaps the folks at CNN decided to overlook the fact that Clinton was and still is a woman, who raised more money and received more votes while running for president than anybody in United States and perhaps world history.

Expect more negative stories and broadcasts about Sanders. The billionaires and Wall Street executives fear Sanders more than any other candidate, with the possible exception of Elizabeth Warren.

Expect Joe Biden to become the billionaire/Wall Street Democratic candidate and to enter the race relatively soon. The big money will be behind Joe, as well as the corporate news media. We can expect no less from the billionaires in the race to put a man or a woman of the people in the white house. They will try to stop Sanders, Warren, or any progressive, for that matter.

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The billionaire-owned wing of the United States Supreme Court continued to lay siege to the United States Constitution and the legal rights of the 99 percent when it fired another vicious barrage of legalized theft in its latest unconstitutional legal ruling. The class warriors that appear to be owned by the billionaires are John Roberts, Neil Gorsuch, Samuel Alito, Clarence Thomas, and Anthony M. Kennedy.

As expected, the billionaire wing of the court ruled that non-labor union members cannot be forced in certain states to pay fees to labor unions representing public employees such as teachers and police, shutting off a key labor union revenue source.

The 5-4 ruling overturned a 1977 Supreme Court precedent that had permitted fees which have been collected from workers who decide not to join unions. Still, these people paid fees in lieu of union dues to fund non-political activities such as collective bargaining. The court’s billionaire-worshipping justices were in the majority, with the liberal justices dissenting.

These billionaire justices have consistently altered the meaning of the US Constitution to provide billionaires and millionaires and their corporations with more constitutional, political and economic power that is nowhere in the US Constitution. All of these rulings are unconstitutional. See The Activist Liars, Perjurers and Subverters of the US Constitution Sitting on the United States Supreme Court Are About to Launch Another of their Attacks Against the Middle Class on Behalf of Their Rich Backers.

Note that during his US Senate confirmation hearings, Chief Justice John Roberts swore under oath to respect legal precedence. Whenever an opportunity has come along to enrich conservative billionaires at the expense of the rest of us, and legal precedence has stood in the way, Roberts and the rest of the billionaire wing of the court have tossed it aside. Think about this. We have had a known perjurer as our US supreme court chief justice since the day Roberts was sworn into office.

Anyway, the Corporate wing of the court argued that forcing non-members to pay these fees to unions whose views they may oppose violates their rights to free speech and free association under the U.S. Constitution’s First Amendment, the court said in the ruling authored by Justice Samuel Alito. Of course, a labor union is not an individual. It is an organization of people. People who apply for jobs which include labor union membership requirements are free to work elsewhere.

“States and public-sector unions may no longer extract agency fees from non-consenting employees,” billionaire class-warrior non-Justice Samuel Alito wrote. In a dissent, Justice Elena Kagan accused the court’s conservatives of “weaponizing the First Amendment” to intervene in economic and regulatory policy.

“This case was nothing more than a blatant political attack to further rig our economy and democracy against everyday Americans in favor of the wealthy and powerful,” public-sector unions including the American Federation of State, County and Municipal Employees (AFSCME), the union directly involved in the case, said in a statement.

That’s precisely why the billionaire controlled Republican Party pushed these class warriors onto the court; to be weapons of mass legal destruction used by the billionaires in their war against the US Constitution and 99.8 percent of US citizens.

Two dozen states had required agency fees. The ruling means that the estimated 5 million non-union workers for state and local governments who have paid them can stop. Agency fees do not involve federal or private-sector employees.

The decision represented a major victory for billionaires who long have sought to curb the influence of public-sector unions, which often support the Democratic Party and liberal causes.

With the U.S. organized labor movement already in a diminished state compared to past decades, the ruling now deprives unions of a vital revenue stream, undercuts their ability to attract new members and retain current members, and undermines their ability to spend in political races.

Republican President Donald Trump, whose administration backed the challenge to the fees, welcomed the ruling, writing on Twitter, “Big loss for the coffers of the Democrats!”

Unions contend that mandatory agency fees are needed to eliminate the problem of what they call “free riders” – non-members who benefit from union representation, for example through salary and working conditions obtained in collective bargaining – without paying for it.

“There is no sugarcoating today’s opinion. The majority overthrows a decision entrenched in this nation’s law – and in its economic life – for over 40 years. As a result, it prevents the American people, acting through their state and local officials, from making important choices about workplace governance,” Kagan said.

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Racism is something the billionaires have us talking about rather than such mundane things as income, wealth and political inequality, as well as the disintegrating middle class. It’s easy for us to look at videos on Youtube of ordinary people being racist or to keep our eyes on things like cultural appropriation. Those things can hit us emotionally like a cruise missile, but keeping our eyes on those things is precisely what the billionaires and their political elite employees want us to do.

The last things the billionaires want us discussing among ourselves are bread and butter issues, like ever-growing income and wealth inequality and the obvious political corruption of both major political parties, as well as the corporate corruption of all three branches of the US government.

For the billionaires, it is as if the people who divert our attention from income, wealth and political inequality and toward issues like racism and cultural appropriation are on the payroll of the billionaires. It certainly makes me wonder. They have billions of dollars and can certainly pay people to post about racism and fire up people on Internet social networks.

It is easy to see the billionaire-owned corporate media focuses our attention on issues like racism, cultural appropriation and immigration and almost nothing on real issues such as income, political and wealth inequality. However, I am amazed so many people fall for this ruse, but they do.

Below is what the billionaires are protecting:

Currently, the 1 percent own more wealth than the bottom 90 percent of Americans, and six men possess more wealth than the bottom half of humanity on Earth. Worldwide, the 1 percent stole 82 percent of all new wealth produced in 2017. Those numbers are historical records and are still growing at the expense of the rest of us.  (Click here and click here for additional information on those statistics and sources).

Our record-breaking wealth inequality is fueled by record-breaking income inequality. Today, the 1 percent steal anywhere from 24 to 38 percent of all income produced in the USA, depending on which study you choose to use. This is up from 8 percent in 1980, and it is still growing at the expense of the rest of us.

But, hey, let’s talk about racism, and, we need to talk about transgender bathrooms, wars against Christmas, the war against women, Obama’s continuous war against guns and bullets, and don’t forget we desperately need to talk about the war against dirty diapers! And no! I am not on the payroll of the billionaires! Yet, I would be surprised if others were not.

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The rich and Wall Street executives have been quaking in their boots recently. Their Ponzi Schemes and bubbles known as the financial markets are in danger of collapsing. And it’s all because of President Donald Trump.

Trump is threatening to levy taxes on products made in China and exported to the USA. These taxes are called tariffs, and here’s what the corporate news media doesn’t want you to know. By doing this, Trump is also threatening to deflate the recent stock market bubble, which is the same thing as saying Trump is threatening to decrease by significant margins the income and wealth of the billionaires who control both major political parties in the United States.

Tariffs are taxes on goods being imported into the USA from foreign nations. US corporations export into the USA tens of billions of products manufactured in China, Vietnam, Mexico and other third world nations. Increased tariffs mean US corporations will need to raise the prices of their Chinese and other third world products, or lower their profit margins.

The profits of corporations are the primary component determining the prices of shares. When profits drop, especially in the long term, share prices fall. So the share price of say, Home Depot could fall from $176 a share to $14 a share. If you own millions of shares you lose quite a lot of money. This is why the threat of tariffs in steel and aluminum has roiled the US financial markets as of late. A lot of paper wealth is going to evaporate as stock prices drop should the tariffs be enacted. Dividends may decline, as well.

Tens of millions of US jobs have been exported from the US to China, Vietnam, India, Pakistan, Mexico, Honduras and elsewhere over the last twenty-five years. This has been done in order to jack up corporate profits by significantly reducing US labor and environmental costs. The difference between the old higher US wages and benefits and the new lower wages without benefits has gone straight into the already fat wallets and bank accounts of the superrich. They have used their ill-gotten gains to bid up the prices of corporate shares, gold, housing, commodities futures, and other investments.

President Trump’s threat to use tariffs against China and other nations means fewer dollars will go into the pockets of the rich if the tariffs are enacted. It also means potentially massive losses in the stock and maybe even bond markets.

Some corporations may even be inclined to export their jobs in China back to the United States if the tariffs are enacted. The middle class will benefit with additional jobs should this come about. In other words, the tariffs could redistribute income from the rich back into the pockets of the 99 percent, and this is something the billionaires will not allow their corporate media outlets to tell you. The proposed tariffs are limited, and therefore will not have much of an impact, but they will have some positive benefits to the US 99 percent.

Currently, six men own more wealth than the bottom 50 percent of the world’s people (See https://johnhively.wordpress.com/2017/02/23/six-men-own-more-wealth-than-the-bottom-50-percent-of-human-kind/). In the USA, the 1 percent own more wealth than the bottom 90 percent for the first time in US history (See https://johnhively.wordpress.com/2017/12/03/in-the-united-states-the-1-percent-now-own-more-wealth-than-the-bottom-90-percent-for-the-first-time-in-us-history/). In the United States, the 1 percent steal as much as 35 percent of the income produced in the USA every year, up from 8 percent in 1979.

Trump’s tariffs will likely put tiny brakes on the continuously growing inequality of wealth and income produced by free trade agreements. Those brakes will likely only slow down the growing income and wealth inequality rather than halting or reversing them. But the tariffs would be a beginning to reversing the massive income and wealth inequality which the rich have successfully conspired to produce over the last thirty-seven years.

A few other things are in order. The USA has the fifteen to twenty largest trade deficits in world history. That means the US imports more goods than it exports. Our largest trade deficit is not with China, as the media claims. In reality, the largest US trade deficit is with US corporations that have exported tens of millions of US jobs overseas. The purpose of exporting tens of millions of US jobs has been to redistribute trillions of dollars from US workers to the rich, avoid US pollution controls (thereby increasing profits),  and avoid US health and safety regulations.

What American Presidents Have To Say About Tariffs:

“America’s growth and future depend on trade. But we would insist on trade that is fair and free. We are always willing to be trade partners but never trade patsies”. President John F. Kennedy.

“Protection, which guards and develops our industries, is a cardinal policy of the Republican Party. The measure of protection should always at least equal the difference in the cost of production at home and abroad.” President Theodore Roosevelt

“A wise tariff protects American industries and manufacture. It encourages growth and enterprise among our own people. It opens our mines, it erects our machine shops, our furnaces and factories”.
President William Mckinley

It Was Good Enough For Kennedy, Roosevelt & McKinley. Why Isn’t It For Congress?

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The golden rule is at work; he who has the gold makes the rules that determine income and wealth distribution. That is why income inequality has grown so enormous worldwide. The rich are getting wealthier while the rest of us toil in financial purgatory, even the European and US middle class.

The golden rule is also why the global economy created a record number of billionaires last year, exacerbating inequality amid a weakening of workers’ rights and a corporate push to maximize shareholder returns, charity organization Oxfam International said in a new report.

The folks at Oxfam define severe poverty as those people living on $1.25 or less a day. and according to Oxfam estimates, about 1/3 of the world’s population lives at or below that level.

The world’s 2043 billionaires saw their wealth surge by $762 billion, which is enough money to end extreme poverty seven times over, according to Oxfam.

According to separate data compiled by Bloomberg, the top 500 billionaires’ net worth (wealth) grew 24% to $5.38 trillion in 2017, while the world’s richest person, Amazon.com Inc.’s Jeff Bezos, saw a gain of $33.7 billion.

“The billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system,” said Winnie Byanyima, executive director of Oxfam International. “The people who make our clothes, assemble our phones and grow our food are being exploited.” Those people are also the folks without the gold with which to purchase political power in the so-called democracies of the world.

Oxfam had published the report as global leaders, chief executives and bankers arrived in Davos, Switzerland, for the World Economic Forum’s annual meeting. This is an event in which the rich of the world share plans of how to rip the rest of us off. A spokesperson for Oxfam, however, noted “that many of the world’s elite say they’re concerned about income inequality, but most governments are “shamefully failing” to improve the matter. That’s because the politicians managing the affairs of those governments are being paid to do nothing to rectify growing poverty throughout the world, and they are being paid to ensure the billionaires gain more and more of the world’s income and wealth. This is called corruption.

Oxfam called on governments to limit shareholder and executive returns while ensuring workers receive a living wage. It also recommended eliminating the gender pay gap and raising taxes on the wealthy, among other suggestions.”

“People are ready for change,” Byanyima said. “They want a limit on the power and the wealth which sits in the hands of so few.” In addition, p0eople want to limit the effects of the golden rule which allows the rich to control the distribution of income and wealth and send into their bank accounts the vast majority of income and wealth created.

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In 1988, when Bernie Sanders was the mayor of Burlington, Vermont, C-SPAN asked him what his ideal president would talk about. Sanders then sounded pretty much like he sounds now.

Bernie, then in his forties, spoke “about how Americans deserve a presidential candidate who would challenge the corrupt Washington establishment and take on the billionaires who run the political process. His response to the question sounded almost exactly like a Bernie Sanders stump speech in 2016:

“In our nation today we have an extreme disparity between the rich and the poor,” Sanders said. “Elections are bought and sold and controlled by people who have huge sums of money.”

“I would like to see somebody who speaks for the underdog, for people who don’t have decent healthcare benefits. Somebody who understands that in America today, 50 percent of the people don’t even vote anymore, and the vast majority of that 50 percent are poor people and working people who have given up on the system. So essentially, I would like to see a candidate who has the guts to have a vision that America could be a land for all people, not just a land controlled by the super-rich.”

Comedian George Carlin nailed it when he talked about the owners of this nation in the video below. Having a total net worth of less than half a million dollars, Bernie Sanders is not one of the owners of this nation. The other presidential candidates are the employees of the billionaires and the billion dollar corporations who bought the political process and the news media decades ago. They control the political and news markets, in other words. We working people don’t.

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