Rape of Middle Class

[clarence swinney]

Do not tell Democrats in Washington. Let em sleep
Derivatives Trumped Stocks 2000-2009
Investors money used to Gamble not invest in stock and help businesses and jobs.
PROOF
Since 2000--Dow 11,700 to 10,700 Today
S&P major firm value down 30%
31,000 Net New Jobs created in Bush 8
Clinton got 237,000
Law changes in 1999 and 2000 freed Gamblers to Go Wild
Velocity of Money declined Why? Money was exchanged from one gambler to another not put in buying stocks and increase value of firms.
Derivatives. One makes 4000M in one year another lost 4000M

2008
1% (1,400,000)owned 43% Total Financial Wealth
80% (120,000,000) owned 7%
From 1980 to 2009 top 1% Income grew by 281% while Middle Class grew 25%

Yet! R scream give top 2% 700B more over ten years in Bush Tax Cuts.

Their Tax Cuts cost us dearly. Thank you Chinese.
We borrowed every cent the top 2% got from Tax Cuts.

The current furor is SPENDING how to Cut SPENDING

BIG is REVENUE We did not tax the richest to pay our way as done by Clinton.
In 2008 top 1% paid 30% of Total Income in Federal-State-Local Taxes.
The Middle Class paid 28% almost same percent.

How can they get by with it???

Rich via WSA own
Major Corporations
Major Banks
Major Media
Congress via $$$$$ donations
White House via placing Wall Streeters in high positions

Folks! It is true. A Few own the Many. Sad sad sad

What to we do. Nothing. Just let the vultures pick our bones.
olduglymeanhonest

[Peter1x9]

1. USA = Plutocracy

n/t