via AlterNet's PEEK:
Three Raids on the U.S. Economy
Posted by Jesse Wendel,
Group News Blog at 3:00 AM on September 29, 2008.
The Bush/Cheney administration has committed three major thefts on the U.S.This is EXACTLY like Iraq all over again. (Thank you Diane.)
It is a con, a series of lies designed to screw us out of our money.
The Bush/Cheney administration has committed three major thefts on the U.S., to benefit themselves personally, and the richest one percent of Americans.
Many members of the Senate and Congress are directly included. Due to the lack of Campaign Finance Reform, all members of Congress and the Senate (excepting the rare birds who refuse PAC money) have a vested interest in all three of these thefts, as they receive campaign contributions from the OWNING CLASS in exchange for stealing from the U.S. Even the good Democrats, almost all of them, win in this game.
It's a rigged game, everyone plays thanks to Income Tax, and everyone but the richest 1% and Congress, loses.
Here is how it works...
THEFT #1 - TAX REFUND TO THE RICHThe moment Bush/Cheney came into office (on 527 votes in Florida AFTER the Supreme Court stopped the rest of the votes from being counted), they demanded the surplus the United States had in our treasury, be given to the wealthiest Americans in the form of tax rebates. That surplus was there not from the rich; it was there because the middle-class has paid and because President Clinton had managed the country well in a good economy (the Internet boom.)
Bush got his way. (We did not yet know he was a thief... unless you'd read Molly's books.) Taxes were cut for the rich. People like you and I got back a few hundred bucks. The rich got hundreds of thousands to millions and tens of millions of dollars.
It was theft on a grand scale. They stole from the poor, working and the middle-class and gave to the OWNING CLASS with a little extra to the upper class (and not too damn much. The Owning Class want the money for themselves, and fuck the hindmost. Truly, fuck the hindmost. The Owning Class are into anal a lot as well. Something about being tops and bottoms just turns them on, big time. Someone should write a paper. I'm sure there is at least several doctoral thesis' there.)
The TAXES THEFT is now complete. It will expire in a year or so, assuming it isn't renewed, assuming the Democrats don't roll over like puppies when the Republicans give their mating call, "Tax stimulus, tax stimulus..."
Theft #1, the Taxes Theft, along with the war in Iraq, financed entirely Off Budget with emergency appropriations and by stealing from the militaries seed corn, that is by raiding their capital equipment and stored goods without appropriating ANYTHING to replace all of the seed corn or the rapid exit of an entire generation of trained mid-level NCOs and mid-level officers, eliminated the entire surplus and gave us the deficit.
The borrowing also gave us market sector swings which allowed people in the know to make FORTUNES. That is, if you had inside knowledge, even general direction that was CERTAIN of what was planned, you could make FORTUNES... As Cheney's "blind trust" did several years ago when it moved all of Cheney's money out of the dollar and into Euros and off-shore investments, with the exception of course of gold, oil and oil-based stocks which as sectors continue to rise. "Blind trust" my ass.
THEFT #2 -- IRAQ WARThis theft (on false data and lies) caused:
* Oil Prices to sky-rocket; personal stock of self, friends, family, and colleagues going UP, including entire market sectors; inflation, gold, euros, and so on; contributions given in return but who the hell needs them when there are direct stock market rewards not to mention (for Cheney) a million-dollar a year salary plus benefits
* Military contracts to cronies, and campaign contributions and campaign support given in return
* Direct loot through untraceable funds shipped to Iraq; bribes and support given in return, not to mention looting an entire country on military flights sent all over the world
That thousands of soldiers died, 50,000 were wounded, and hundreds of thousands if not a million Iraqis have died and been wounded... fuck them.
The rich got richer and the poor got butchered. The purpose of the POOR, WORKING & MIDDLE CLASS, is to go where the UPPER CLASS tells them to go and do what they are told no matter what it is, so that the OWNING CLASS makes money. So mote it be forever and ever, in Allah and Jesus' name, Amen.
Thefts #1 & #2 are fundamentally DONE. (No pun intended.) ........(more)
The complete piece is at:
http://www.alternet.org/blogs/peek/100709/three_raids_on_the_u.s._economy/