In the video below, President Franklin Roosevelt talked about the powerful wealthy vested interests that had taken over the USA government prior to his election in 1932. FDR proposed and signed into law legislation that curbed the power and influence of those vested interests in government at all levels, including a 90 percent top marginal tax rate. That reduced the influence of corruption in government, by reducing the money the corrupting people possessed.
President Carter was the last president under the old regime of anti-corruption established by FDR, which is why the US government never fired a missile, or a pistol, or dropped a bomb on another nation during his reign, which, coincidentally, is looking better and better every time we look back at it.
The Reagan tax cuts for the rich unleashed the power of the rich to corrupt government, and that is precisely why, as FDR said in 1936, corporate interests now consider the US government to be a “mere appendage to their own affairs. We know now that Government by organized money (corporate interests) is just as dangerous as Government by organized mob (organized crime).” Parenthesis mine.
This is why the US government,
1. demands state wide testing, because it’s highly profitable for the publishing industry, and it redistributes income from local and state taxpayers to rich investors of the publishing industry.
2. wages constant war, because it is highly profitable in that it redistributes income from the taxpayers to the rich shareholders of the war industry.
3. gives fewer grants to university students, because it forces college students to take out more student loans, which redistributes income from the 99 to the 1 percent. Wall Street banks purchase the loans, and then issues bonds against the loans to rich investors. Students pay back the loans, but a large portion of their payment goes to the rich bondholders.
4. raised student loan interest rates from 3.4 to 6.8 percent on all new loans a year ago. Republicans and Democratic lawmakers supported this because it forces students to pay more interest to rich investors.
5. negotiates trade treaties, which are nothing more than income redistribution scam. The treaties pave the legal way for corporations to ship and create jobs overseas, and the difference between the old higher US pay and the new lower third world pay goes straight into the wallets of the 1 percent via higher corporate profits, surging dividends and rising share prices.
The list goes on and on. The federal government is totally corrupted to the core, as are many state and local governments. This corruption is the only cause of the income inequality that has occurred in the USA over the last thirty-five years, whereby 1 percent of the population stole 8 percent of the total income produced in the USA when Carter was president, but now rob the rest of us blind by stealing 37 percent of all income produced in the USA. Since President Obama took office, the 1 percent have been stealing 95 percent of all income growth.
That’s why President Carter created on average more jobs per year with rising real wages than every president since him. That’s why Carter was one of the great presidents in US history. The 99 percent earned 92 percent of all income back then, and were able to purchase goods and services in sufficient quantities to create more jobs per year, and with rising real wages every year, than during the reign of any president since then. And that’s precisely why the propaganda machine known as the corporate news media, politicians like Wall Street Senator John McCain, and rich parasites are always putting President Carter down, and call him weak and a bad president, If we look back at the economy of Carter, and his foreign policies, we would call his era the last golden age of the American dream.
Today’s economy is the weakest in history by any measure, including wage and job growth. That’s because the 99 percent now receive only 63 percent of all income in the US. Those people can no longer afford to purchase the goods and services necessary to sustain a strong economy, and those in business and political offices know this is the problem that vexes this economy, but they won’t do anything about it due to the massive corruption.
Excerpt from FDR’s speech:
“For twelve years this Nation was afflicted with hear-nothing, see-nothing, do-nothing Government. The Nation looked to Government but the Government looked away. Nine mocking years with the golden calf and three long years of the scourge! Nine crazy years at the ticker and three long years in the breadlines! Nine mad years of mirage and three long years of despair! Powerful influences strive today to restore that kind of government with its doctrine that that Government is best which is most indifferent.
For nearly four years you have had an Administration which instead of twirling its thumbs has rolled up its sleeves. We will keep our sleeves rolled up.
We had to struggle with the old enemies of peace‹business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering.
They had begun to consider the Government of the United States as a mere appendage to their own affairs. We know now that Government by organized money is just as dangerous as Government by organized mob.
Never before in all our history have these forces been so united against one candidate as they stand today. They are unanimous in their hate for me‹and I welcome their hatred.”
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