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Posts Tagged ‘Paul Ryan’


The Republican Party is about to determine whether or not it will become the biggest death panel since Adolf Hitler and the Nazi Party tried to exterminate the Jews of Europe.

US House of Representatives leader Paul Ryan pulled out his new American Health Care Act last week, which he is hoping will be used to replace the Affordable Care Act. According to the Congressional Budget Office (CBO) yesterday, within a decade as many as 24 million US citizens will lose their health care coverage and premiums will go up for the rest of us if Ryan’s plan is passed, and especially for low income people and the elderly. Many grandmas and grandpas will have to chose between starving to death, or not paying their overpriced healthcare premiums, thanks to the Ryan plan.

Obamacare has only added slightly more than 19 million people to the rolls of the health insured. That means another 4 million US citizens beyond Obamacare may lose their coverage with Ryan’s carefully thought out health care bill. And it has been carefully thought out.

March 8, 2017

The primary purpose of this bill by all appearances is to provide tax cuts to the rich, the only people who have been the beneficiary of thirty-six years of economic expansions, and deliberately so. Currently, there is a 0.9 percent tax on income over $200,000 a year to help fund Obamacare. There is also a 3.5 percent tax on capital gains for the same purpose, such as the profits from the sale of stocks and bonds. This is why Wall Street hedge funds and big investment firms want Obamacare gone.

Many Republicans are prepared to make the Republican Party and all it stands for into a giant death panel in order to make its billionaire masters richer. Herr Ryan is one of these. Yet, other Republicans want to get reelected.

Florida Republican Rep. Ileana Ros-Lehtinen, for example, said Tuesday that she wouldn’t be able to support Ryan’s health care legislation after the CBO score revealed the high number of people who would lose insurance.

“I plan to vote NO on the current #AHCA bill. As written the plan leaves too many from my #SoFla district uninsured,” the Florida congresswoman wrote in two consecutive tweets. “As #AHCA stands, it will cut much needed help for #SoFla’s poor + elderly populations. Need a plan that will do more to protect them.”

This shows several things. The legislation is not likely going to pass. The Republicans are going to find it difficult to give their billionaire masters tax cuts by replacing Obamacare. So they will likely try a different tack.

The most likely scenario is simply keeping Obamacare largely intact, but shifting the tax burden from the rich to the middle and lower classes, and then marketing this plan as replacing Obamacare. One thing is certain; replacing Obamacare and taking health insurance from tens of millions of people in the process is not going to be politically palatable.

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The Trans-Pacific Partnership (TPP) is a corporate power grab, a 5,544-page document that was negotiated in secret by big corporations while Congress, the public, and unions were locked out.

Multinationals like Google, Exxon, Monsanto, Goldman Sachs, UPS, FedEx, Apple, and Walmart are lobbying hard for it. Virtually every union in the U.S. opposes it. So do major environmental, senior, health, and consumer organizations.

This agreement has virtually nothing to do with trade since tariffs between the twelve nations of the TPP are at historic low. This agreement is really about exporting jobs, raising prices and more bonuses for the 1 percent at the expense of the 99 percent.

The TPP will mean fewer jobs and lower wages, higher prices for prescription drugs, the loss of regulations that protect our drinking water and food supply, and the loss of Internet freedom. It encourages privatization, undermines democracy, and will forbid many of the policies we need to combat climate change.

The worst part is the Investor-State Dispute Settlement provision, which allows a multinational corporation to sue to override any U.S. law, policy, or practice that it claims could limit its future profits. Secret panels of corporate lawyers and corporate lobbyists will decide these cases. Their judgments cannot be appealed, not even to the Supreme Court.

This provision will override your votes on the state and local levels. In other words, President Obama and Wall Street Senator Ron Wyden intend to suppress your voting rights, along with most of the Republican Party led by Paul Ryan, Mitch McConnell and Orrin Hatch.

Though the Obama administration touts the pact’s labor and environmental protections, the official Labor Advisory Committee on the TPP strongly opposes it, arguing that these protections are largely unenforceable window dressing.

On behalf of Wall Street and rich investors throughout the United States, President Obama is planning to call for a vote on the TPP in the US senate and the US House after the elections in November. Obama signed the TPP, a despicable income and political power redistribution scam, months ago. Wall Street Senator Ron Wyden will likely introduce the TPP in the senate. Wyden is Obama’s and Wall Street’s attack dog in the US senate in their war against the middle class. He has voted to redistribute trillions of dollars from the 99 to the 1 percent over the course of the his career in congress.

To learn more about the TPP, check out Citizen’s Trade Campaign, and Public Citizen’s Global Trade Watch, Public Citizen. For labor-specific resources, try CWA, http://stopthetpp.org/, and the AFL-CIO, http://www.aflcio.org/Issues/Trade.

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The above is as true as can be, otherwise, why would Wall Street Democratic Senator Ron Wyden be on the same side as Wall Street Republican Senators Orrin Hatch and Mitch McConnell when it comes to the Trans-Pacific Partnership? Why are Wall Street Democratic President Barack Obama on the same side as Wall Street Congressman Paul Ryan when it comes to the Trans-Pacific Partnership? Why are former Wall Street Senator Hilliary Clinton on the same side as Wall Street Republican Senator Marco Rubio? Wall Street investment banks, and several billionaires, own all of these politicians and more. The Trans-Pacific Partnership is a massive scam that will redistribute even more income and political power from the 99 to the 1 percent, even though the 1 percent now steal 37 percent of all income produced in the United States, up from 8 percent in 1980. So who do all of these Democrats and Republicans work for? Oh, that’s right: Wall Street.

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There is a simple reason major US corporations have one of the highest tax rates in the world, and yet, they often pay no taxes, and they often receive billions of dollars in tax rebates from the government on taxes they never paid, as in the case of Bank of America in 2013.

1. By having a large tax rate on paper, the US media propaganda machine, representatives of US corporations, their lobbyists, and their US politicians can argue US corporations have the largest tax liability in the world, and then they will manipulate this lie to generate public support for changes to the corporate tax laws to lower their tax liabilities, which means US corporations will then receive larger tax rebates on taxes they never paid in the future.

2. US corporations enhance their profits with the rebates, which redistributes income from tax payers, i.e. the 99 percent, to the 1 percent. The 99 percent receive less government services by this redistribution, and the 1 percent receive more income. Taxes, coincidentally, are higher on working folks because somebody has to make up the difference between what the government should have in tax revenues, and what the government gives out in tax rebates to the rich. It should be pointed out that any tax rebates on taxes that aren’t even paid is called welfare for the 99 percent, and tax rebates for the 1 percent.

3. The importance of the rebates are massive for publicly traded limited liability corporations, such as Bank of America. The rebate in 2013 increased the bank’s profits by almost 50 percent. That fueled profits to the tune of $1.9 billion in this case, which provided enhanced dividends, as well as surging stock prices to shareholders, and bonuses to important bank officers.

4. Much of those profits, whether actual profits ($4.4 billion), or tax rebates ($1.9 billion), provides more money for Bank of America to purchase politicians of both major political parties, which fuels legislation that further redistributes income from the 99 to the 1 percent, which will then provide more tax rebates at your expense to Bank of America.

5. Fast Track is a current case in point. Fast Track is legislation pending in congress that will turn over congressional international trade authority to the president of the United States, which is something congressional Wall Street Republicans want to do despite their campaign against President Obama’s imperial presidency, which is, coincidentally, something the Republicans have allowed the presidency to become. That’s because the Wall Street wing of the Republican Party (Orrin Hatch, Mitch McConnell, Paul Ryan, John Boehner, etc….) and the Wall Street wing of the Democratic Party (Ron Wyden, Nancy Pelosi, Barack Obama, etc…) are allies when it comes to working on behalf of Wall Street, and against the interests of the American people.

6. Fast Track will limit debate, not allow for any amendments to the looming international income and political redistribution agreement called the Trans-Pacific Partnership (TPP), and will not allow any filibuster of this income redistribution scam in the senate. In that way, the public will have less time to be informed of the scheme in congress, and it can pass with 50 votes in the senate, since no filibuster will be allowed, and in case of a tie, Vice President Joe Biden will make the decisive vote in favor of TPP. In other words, senators like Bernie Sanders, Elizabeth Warren, Jeff Merkley, Sharrod Brown, David Vitter etc…. will be unable to filibuster the TPP.

7. We know from leaked documents the TPP is a massive income redistribution scam. The TPP has almost nothing to do with international trade. We know that;

* TPP will give incentives for US corporations to export millions of US jobs. The Federal Reserve estimates that 28 million US jobs were exported between 1990 and 2010.

* TPP will increase US income and wealth inequality. The 1 percent have already taken 95 percent of all income growth in the United States since 2009. Currently, the 1 percent are stealing 36+ percent of all income produced in the USA, compared to only 8 percent in 1980. International trade scams and other federal legislation have brought inequality about. For example, when the above jobs were exported, the difference between the old higher US wages and the new lower wages will go straight into the pockets of the 1 percent via higher corporate profits, rising dividends and surging share prices.

* Those lost jobs will no longer be paying the taxes for our infrastructure, social safety nets, schools, fire and police, but those lost jobs will push the stock markets higher.

* TPP will effectively eliminate your voting rights on local and state issues since it will unconstitutionally grant investors of the 0.01 percent special privileges to challenge labeling and health and safety local laws and regulations of the 99 percent, which most people call voter suppression, but in this case it should be called voter elimination,

* TPP will offer new monopolies for Big Pharma to raise medicine prices they charge you (which redistributes income from the 99 to the 1 percent),

* TPP will limit food safety standards (which redistributes and transforms your health into the profits of the 1 percent),

* TPP will block financial regulations aimed at preventing the next financial crisis (which will make it easier for Wall Street to redistribute your income and wealth to the 1 percent). Bank of America Stands to Gain From This. The bank will be able to steal more money from you with less regulations, which will increase its profits, dividends and share prices, not to mention CEO bonuses. Bank of America is also spending millions of dollars on lobbyists in support of Fast Track and TPP.

* TPP will destroy millions of jobs in Latin America (230,000 in the textile industry of El Salvador alone) forcing millions of undocumented immigrants into the United States.

* The result of the above will be to depress wages in both North and South America, all to the benefit of the 1 percent, and all at the expense of the 99 percent.

* And we can’t forget that TPP will increase the already massive US trade deficit with other nations, which is supposed to be a bad thing. The exported jobs will be producing goods overseas rather than here, and then US corporations will export their products from China and Vietnam into the United States, exacerbating the current trade deficit.

In other words, the TPP has almost nothing to do with trade. It’s about taking away your money, your voting rights, and giving them to the 1 percent.

TPP, in other words, is designed to put more of your money in the hands of the 1 percent, and this money will be used to corrupt government even more while impoverishing you, and redistributing your future and the future of your children to the 1 percent.

You can rest assured, if Fast Track passes, and the TPP passes with it, profits, as well as the tax rebates Bank of America receives, will become greater, and at your expense.

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According to the New York Times, “The American middle class, long the most affluent in the world, has lost that distinction.” The Times goes on to make valid comparisons between the declining US middle class and the rising European middle class. However, the authors of this story fail to report why the US middle class is declining via-a-vis its European counterparts. The Times reporters note that the fastest growing super rich class is in the USA, but they don’t tell us why.

Wall Street Senator Ron “Fast Track” Wyden is one of the main culprits behind the decline of the American middle class. He has a 100 percent voting record for redistributing income and wealth from the 99 to the 1 percent. Because of legislation championed by Wyden, 95 percent of all income growth is being channeled directly into their pockets, while the 99 percent get that tiny little 5 percent, allowing us to fall further and further behind. In other words, Wyden’s policies have the middle class falling into a financial black hole, and most likely, into extinction, and he doesn’t give a rat’s ass because he continues to champion the same policies in his war against the middle class.

Remarkably, the Times reporters couldn’t figure out that income in the USA is being redistributed legislatively from the from the 99 to the 1 percent via free trade treaties and privatization scams. That’s what the corporate media doesn’t want you to know, so naturally, the Times reporters weren’t going to report it.

They certainly weren’t going to report that Wyden and President Obama are championing the Trans Pacific Partnership, the largest free income redistribution treaty in world history. The treaty will jack up pharmaceutical drug prices, crush the remnants of the US textile industry, redistribute more political power to the 1 from the 99 percent, and so much more. And that’s the problem of the last thirty years. Wyden and Obama, just like the others mentioned below, support doing all of this stuff. They aren’t stupid little boys, they know exactly what they’re doing.

So what we can we say about the American Dream?

The first thing one can say is that the dream is dead for most of the 99 percent. Thank you Senator Wyden. Thank you George W. Bush, Ronald Reagan, Mitch McConnell, Hilliary Clinton, Orrin Hatch, Paul Ryan, John Boehner, Nancy Pelosi, the Koch brothers, and so many more who supported the US government redistributing income from the 99 to the 1 percent over the last thirty years.

the-american-middle-class-is-no-longer-the-worlds-richest–The New York Times

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The Progressive Caucas has proposed $1.3 trillion dollars of federal spending going toward job creation over the next ten years, which is a drop in the bucket compared to the $26 trillion the Federal Reserve gave to rich, but really stupid, investors and banksters during the height of the last economic crisis (See breakdown-of-the-26-trillion-the-federal-reserve-handed-out-to-save-rich-incompetent-investors-but-who-purchase-political-power–JohnHively.wordpress.com, the tail end of which we’re still in. Overly rightous Republican conservative congressman Paul Ryan has proposed zero such spending during the same period. That’s because Ryan’s budget plan is geared toward enriching the 1 percent at the expense of everybody else. Even the parsimonious Wall Street President Barack Obama has proposed more, a tiny amount of $143 billion during the same period.

In a recent poll, 73 percent of American citizens say that job creation should be a government priority.

So why do the Obama and Ryan budget proposals not reflect the will of the people they’re supposed to represent?

Click the link below to check out the answer.

Congressman Paul Ryan of the 1 Percent Vs. Progressive Caucus: Competing Visions on the Federal Budget — Truthout.org

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From “Food and Water Watch:

“The Trans-Pacific Partnership (TPP) is a new “free trade” agreement being negotiated between the U.S. and 11 other Pacific Rim countries. Like other Free Trade Agreements, this one is basically a permanent power grab by corporations and financial companies that will make it impossible for the citizens of countries joining the TPP to choose what laws and rules they want to live under.

For Americans, it would lead to increased gas exports and increased imported foods, while undermining our domestic laws and increasing the financialization of nature.

TPP was started under George W. Bush but is being pushed — hard — by President Obama. In fact, he is pushing it so hard that he has indicated he will seek “fast track authority” for the negotiating, meaning that he, and whoever comes after him, would be able to negotiate as desired without oversight by Congress. Isn’t the reason our constitution created three federal branches — executive, judicial and legislative — to ensure checks and balances?”

The economic game is rigged against the 99 percent and has been increasingly so for thirty-three years. Now Phil Knight of Nike, the Koch Brothers, Monsanto, The Walton family of Walmart, President Obama, Wall Street Senators Ron Wyden, Diane Feinstein and Mitch McConnell, Wall Street Congress dupes Nancy Pelosi, Earl Blumenauer, Paul Ryan and John Boehner (pronounced Bone-ner), and many more members of the 1 percent are seeking to rig the game against the 99 percent even more with the Trans Pacific Partnership. Don’t let it happen. This could be the final battle in their War Against the Middle Class, the final move to drive most of the 99 percent into banana republic status. Don’t let these most secret trade negotiations in history destroy us. Massive political corruption is driving us to this end. Fight back.

Please click on the link below, fill out the form at the bottom of the page you come to, “and edit the letter as you wish to urge your congressional representatives to stop Obama’s plan to “fast track” secret trade deals.”

Urge Congress to Stop Obama’s Secret Trade Deals–Food and Water Watch

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