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Voodoo Economics: The return of Republican fascism

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Marti Oakley (c)copyright 2010 All Rights Reserved 

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I remember back during the Reagan Administration when “trickle down” economics was first introduced.  The idea was marketed as “ we give huge tax cuts to the wealthy and they will in turn re-invest in America and create jobs”; this was a win/win for the country.  After all, if you tax the people creating jobs, supposedly they won’t be able to create jobs.

This plan, was marketed to the public as an economic theory and plan that just couldn’t lose.  If America’s workforce would just bear the brunt of heavy taxation with no special loopholes, hedges, deductions or other tax escape mechanisms provided to the wealthy,  the wealthy would create vast and wonderful high paying jobs.  The benefits of relieving the wealthy and corporations from paying taxes on 100% of their income or profits would magically “trickle down” to the working class.   

It worked!  They did create jobs; in India, Pakistan, China, Taiwan, Mexico and any other nation where returns on investments could be predicated upon slave labor wages and government protection. Oh…and they then got to ship their crappy products back into the US tax free and we got Austin (a.k.a. Abdul) answering the phones for many major corporations.  

The wealthy invested alright; in everything and every place but America.  The economic bleeding from the US to foreign markets accelerated to such a rate that businesses literally disappeared overnight and took with them the jobs needed to keep America working.  Off shore accounts were set up to provide fictional business addresses for the stashing of funds, assets and anything else of value in order to avoid US taxes.  

The only thing that trickled down to the working and middle class was diminishing wages, a lower standard of living and increased costs of living.  Oh, yeah….and taxes went up too….but not on the wealthy.  The Reagan years marked a major event in the redistribution of wealth as the middle and working classes were relieved of ever increasing amounts of annual income and the country’s wealth was redistributed to those in the upper 3% and to corporations. More

MAY DAY – A REALISTIC PERSPECTIVE

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                                                                                                                                    By Ruthie Hendrycks
May 1st, 2010
“One must wonder – when will we take to the streets to have our demands met?”
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Today as we watch millions take to the streets protesting, rallying and marching for those who have with full knowledge and malice broken our laws, one must wonder; why are these people,  not concerned with the impact of their actions with regards to their fellow citizens and those legally in the Country?  Where are the concerns for the unemployed Americans; those who have lost their homes, those living in the streets who just want a better life, to mention a few issues. More

What is Washington thinking? Millions out of work and they up the number of green cards

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Live Link: The National Examiner

 “With 1 in 5 Americans out of work, Obama issues over a million green cards .”

April 11, 5:36 AM Immigration Reform Examiner Dave Gibson

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The Department of Homeland Security has just reported that during 2009, they issued 1,130,818 new Green Cards to foreign nationals, allowing them to work legally in this country. That number represents the fourth highest number of cards issued in one year.

750,000 of the new Green Cards were given to the families of U.S. citizens and legal permanent residents.

The top four recipient nations are as follows:

-Mexico…164,920
-China…receiving 64,238
-Philippines…60,029
-India…57,304

In Feb. 2009, the financial institution Merrill Lynch announced that the nation’s actual unemployment rate had reached 13.9 percent. A year later, that number had risen to 17.3 percent. This figure represents Americans who have been laid off from full-time positions and are now working part-time, as well as those who have simply stopped looking for work, and workers whose unemployment benefits have run out.

The official unemployment figure given monthly by the U.S. Bureau of Labor Statistics is now listed around 10 percent, but represents only those Americans currently receiving unemployment checks, and is not truly indicative of the dire employment situation now facing the U.S. More

New TV Ads Tie Massive Unemployment to Lack of Immigration Enforcement

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CAPS and its partners in the Coalition for the American Worker launched two new TV ads asking why the President and congressional leaders have cut job site enforcement of immigration laws at a time when at least 8 million jobs are held by illegal foreign workers and so many Americans are unemployed.

While President Obama says his top priority is jobs he apparently does not mean jobs for Americans. The Country faces the highest unemployment rate in decades. Americans desperately need jobs. Yet the Obama Administration is reducing worksite enforcement of immigration laws even though worksite enforcement opens jobs for Americans.

When illegal workers are caught, they’re not often deported, which means they can take another American job. Also, the U.S. continues to admit more than a million foreign workers a year to take American jobs. Good paying jobs. Our ads ask viewers to call the White House at 202-456-1414 and tell the President that Americans want their jobs back!

CLICK HERE to view these ad campaigns.

CAPS and its partners are also airing a new radio ad in Nevada on the same topic. To listen, CLICK HERE (may take a moment to load
Ruthie,
Minnesotans Seeking Immigration Reform                                    

State Chapter for FIRE Coalition                        
“Restore Order – Secure Our Border”                              www.mnsirproject.com minnsir@yahoo.com “The Ruthie Report” 8 pm CST every Thursday via Conservative Alliance Media Network at http://www.BlogTalkRadio.com/TheRuthieReport

Speaker Pelosi Should Be Impeached

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We should have worked to have her removed from her office when she declared “impeachment is off the table” immediately after assuming the position of Speaker of the House.  This statement was made with the full knowledge that the newly acquired position she occupied was a direct result of the will of the voters to replace the corruption of not only the Republican majority, but also the administration and to impeach Bush and Cheney.  Princess Pelosi made her loyalties very clear, and they are not to the American people.

To add insult to injury, even after millions of American’s repeatedly stood up and demanded that there be no amnesty and that our laws be enforced, effectively preventing the passage of such odorous pieces of legislation such as the Dream Act ….which was a bitch slap to legal citizens….. not once, not twice, but three times at least, the Princess is continuing to work behind the scenes to produce yet another amnesty bill which she will try to ram through congress, due to come out early this summer.  Maybe she’s hard of hearing?  Maybe she can’t comprehend?  Maybe she really does think that what the American people want is not an issue she has to be bothered with. 

Now, Her Royal Hiney is working on a 178 billion dollar package to continue to fund the war in Iraq.  Where, one might ask, does the Princess think she is going to find another $178 billion?  We’ve already borrowed so much from China that they actually own us, and Japan is running a close second.  Revenues are way down from taxes as so many have lost their jobs, their homes, and their quality of life. 

The federal government contiinues to raid the Social Security surplus to pay its operating expenses and to cover the loss of revenues from the tax cuts to the wealthiest people, and the cost of illegal immigrants to the federal government jumped up to 240 billion for 2007.  These two issues alone have bankrupted our country, and this does not include the state by state costs, deficits and resulting debts accrued.  Now add the cost of this illegal war to all of these things.  We are in effect…….not only bankrupt but totally insolvent as a nation.  We can’t even pay the service debt on all the money we have borrowed. But the Princess wants to create another 178 billion dollar debt (this doesn’t include interest, fees, penalties, or other hidden costs) to continue to fund an unwinnable war that the American people have made very clear they want stopped.

I have a plan:

Until congress, the administration and its cohorts in crime work for the American people rather than against them, I believe all of their assets both liquid and invested, including homes, businesses, savings, assets from any source whatsoever, including all the personal funds that they are stashing away in foreign currencies and investments, should be seized and used to pay back these monstrous debts that they have created and claimed that we, the American citizen are responsible for.  Maybe if they have to pay the bill for the money they have spent against our wishes, they might stop squandering it. 

I think we should start with Princess Pelosi.  First, she needs to be dethroned.  Then, all of her ill gotten gains seized and applied to the debt she has helped to create.  Once she is homeless, without any resources, with no political power, she may have an epiphany. 

Ultimately, Pelosi is only one piece of the problem.  Maybe its time we citizens think over the idea that congress is no longer representative of the people.  Maybe its time we end congress.  Having ceded so much of its power and authority to the executive branch, congress has ceased to be a needed branch of government.  God knows congress doesn’t work for the people, opting instead to protect the corporatization of our government and country and actively working to protect those interests rather than those of the people who elected them.  Think of the money that could be saved by ridding our selves of this monumental siphon on the public treasury. 

Think of it as good business practices.  No other corporation would tolerate the inactivity, the bad business decisions, the poor financial practices, or the ignoring of those invested in the corporation.  Our government is in effect, a corporation and if this is how they want to operate, then as investers in that corporation we have a right to call a meeting and demand an accounting,  and a voice in structure and board members. 

Maybe if we start by removing Pelosi from the board of directors which is commonly called “congress”, other board members will get the message.  Maybe not.  But it would sure be a fine start in the right direction.

Marti Oakley (c) 2008