Middle Class Populist

Archive for the ‘Bail Out’ Category

Once again the Republicans and their fellow travelers are attempting to destroy the economic security of the American Middle Class by attacking our President! Just look at how they spin the term “freedom”! They whine and wail that “our children will not be able to pay off this “terrible burden” that Universal Health Care will impose on the national budget”! Bull!

They are not worried about “our children” but their children having to pay a higher inheritance taxes! Yet the Democrats refuse to view this as CLASS WARFARE! Oh dear we don’t want to come across nasty now do we? We have witnessed upper class tax cuts by George Bush and Ronald Reagan! These tax cuts were  a complete transfer of wealth from the Middle Class to the upper 2%. Inheritance and income taxes have fallen massively while the Republicans continued to spend on their vast SOCIAL ENGINEERING EXPERIMENT in IRAQ! Along with their fellow travelers that alas included some Democrats, we have seen our jobs and wealth transferred to China and overseas! All this due to the CUT AND RUN CAPITALISTS being the transfer agents! Then they insist on collecting their fee for this “service” that they provided to the society that gave them birth, incorporation and profits!

The time has come for Democrats to face some facts! When Republicans talk about “freedom” they don’t mean freedom for the individual but rather freedom for the vast multinational Corporate Collectives that want to wage war against the Individual Freedom of the Middle Class Citizen.

Just witness how some corporations today are attempting to prematurely pay back the tarp funds they received not because they want to do the right thing but because they want the “FREEDOM” to resume paying their high level executives ridiculous compensation packages! This is the “freedom” that the Republicans want to give us! Freedom to serve the agenda of our social betters! While middle class Americans fear for the loss of their jobs that not only ends their income but also their Health Care, these bleeding hearts for the parasitic rich worry about the FREEDOM of Corporate Collectivists in the Corporation to pay their upper levels while the rest lose their freedom to have a living and health care! This is their definition of “freedom”.

Democrats must stop side stepping the main issue! It is not just that Corporate CEO’s of failed companies are making millions while the President of the United States, who has far more responsibility than all of them combined only makes $400K per year, no that is not the full story! The real issue is why anyone should be making millions per year! Just what are they contributing to society! If you are middle class and you have SELF RESPECT then you must be raging mad at anyone who makes more then three or four times your salary! Their high compensations are not due to “productivity” but to “position”!

Oh dear me that would be class warfare! Well see what Rush Limbaugh has to say in the video above! This may come as a wake up call to some Americans! Wake up America class warfare is being waging against us right now! Just look at how our jobs, wealth and even military technology are being sent out from our borders! Frequently even to America’s enemies by the CUT AND RUN CAPITALISTS! But don’t worry they will be back after they have built up the military industrial complex of China and that nation becomes a threat to America. Guess who will suddenly “rediscover” their American roots? Then these CUT AND RUN CAPITALISTS will no longer term their “collectives” as Global Corporations but American Corporations when there is a buck to be made! Naturally their sons and daughters will not serve if America is attacked. That is for our children so we can serve our social betters!

The Republicans love to use the analogy of a calender with some day in May as the day when the money you earn after that is yours! The rest before being collected for taxes! Well I say every employee should be told at what date of the year his days worked that year equal just one day of the executives of the Corporation! On December 31^st most will still not earn what their CEO made January 1^st!

While I don’t believe we should pay African Americans compensation for the years of slavery of their ancestors, I wonder why someone like Cindy McCain should receive millions from her ancestors. What is the labor of her ancestors transferable but not the labor value of slaves to their ancestors!

No I am not against people becoming millionaires or passing on large sums of wealth! The issue is the percentage when this wealth is unearned by the recipient and the rest of us do not have economic security and have to work for a living! Our society is supposed to be a society that rewards hard work not privilege! Oh dear imagine the hardship of someone who makes millions per year having instead only a mere million per year in compensation! Yet these are the parasites that want us to cut back and who want to take away our freedom! I am not against the upper class. Some indeed are leaders of progressive causes because they remember what it was like! The time has come in this era of licentious permissiveness where corporations engage in cut and run capitalism to act with “responsibility”! Oh dear did I say a bad word?

It is not just wealth but leisure. Germans have eleven week vacations. Do you think they give a krap if that makes them “unproductive”? Maybe we should return to the seven day work week! That is the “freedom” that the Corporate Collectivists would impose on the individual!

Yes freedom to serve our social betters! Well that is not “freedom” in my book!

The reason that President Obama is facing the end of his Presidential honeymoon is because Democrats have not been aggressive in fighting the Class Warfare being waged against the Middle Class by the efite snobs of privilege. George Bush and his fellow travelers have waged a Social Engineering Experiment against the American Middle Class. They are the cause for the budget deficit.

Democrats are falling for the Republican trap. We Democrats are now taking the blame for the budget deficits and the impending inflation. Make no mistake about it the economy had to be massively stimulated due to the policies of George Bush. Making such a stimulation usually involves an inflation afterward but that is the price for the recovery.

Democrats could not say this up front! For PATRIOTIC reasons Democrats could not level with the American people that we risk a temporary “swing back” Inflation due to the necessity of saving the economy from depression!

Why couldn’t Obama say that?

Well to do so would then jeopardize the very recovery from an impending DEPRESSION that George Bush gave us! Republicans are being UNPATRIOTIC by not supporting our President in this. True even I had some doubts about the “mixture” of the money utilized in the Stimulus Package. But they did not limit their attack to the “mixture” but the very concept of the program itself!

Democrats are failing to point out that when President Bill Clinton left office we actually had a BUDGET SURPLUS! – Wow what a concept. I can understand President Obama desiring to appeal “Presidential” and be a sort of Liberal version of Ronald Reagan. But he needs to do more to be the Liberal version of “The Great Communicator”! Also he should allow Vice President Biden to go out on the road and show that Liberal Democrats can be more of a Pit Bull than a hockey mom! Remember Spiro Agnew? We need Obama to let Vice President Biden play “bad cop” while Obama plays “good cop”. Americans love ass kickers! As we have seen with Sarah Palin it can even be a substitute for substance!

Understand this my fellow Middle Class Americans! We will NEVER have substantial change while we allow the issue to remain “should Government allow Execs of failed companies to take large bonuses!

No the issue is not that! The issue is:

So what even if a company makes a good profit and is doing well, WHO ARE THESE PEOPLE TO MAKE MILLIONS PER YEAR IN SALARIES WHILE THE PRODUCERS IN THIS NATION – OUR GREAT MIDDLE CLASS HAVE TO STRUGGLE TO SURVIVE!

Oh the bleeding hearts for the supper rich! The President of The United States be he Republican or Democrat makes only $400K per year. Yet he has the responsibility of the world on his shoulders!

If you are Middle Class and have SELF RESPECT then you must demand that no one earn more than three or four times your salary! What are these parasites contributing to our society? If they found a cure for cancer or HIV I would gladly pay them millions in bonuses! Heck I would even make an exception and allow them to pass on their wealth to their next two generations tax free!

But we Democrats do not have the guts to confront this issue head on! Oh dear we might be called “Socialists”. Well I look at Western Europe and I still see millionaires and even billionaires. No one wants to stop “incentives”. I am not against people “saving” to become millionaires. Well except for being a parasite on the “producers” in this society. I just question what is the contribution to society of one who is paid more than our President and is paid millions in just one year!

Isn’t it amazing in the last election that these effete snobs of privilege would label Barrack Obama as an “elitist” yet now they label themselves as the “Producers” in our society!

The time has come for the great SILENT MAJORITY – America’s great MIDDLE CLASS,  to take back this nation from these effete snobs of privilege! After all it is we who are the “PRODUCERS”!

This nation has paid over $150 Billion just to AIG. Instead of worrying about this insurance giant and their stockholder’s  “SENSE OF ENTITLEMENT” what about the SILENT MAJORITY of America who could benefit instead from this bail-out money being spent on Universal Health Care! AIG is the company that did not ship high tech jobs overseas but instead fired many of their computer programmers to instead turn over their jobs to H1–b foreign workers! Oh but AIG has morals! They let them train their replacements first!

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I used to work for AIG. They made it an institutional practice, as did many banks, to hire PERMANENT TEMPS!

Temporary employees are ethically used to cover periodic shortages in the work force. However these people were there 52 weeks per year, 8 hours a day and five days per week! As permanent temps they did not have to give them vacation, sick leave, pensions or medical benefits. The then CEO “Hank” Greenberg was not know to us as “Hank” Greenberg, as he is listed in the Wall Street Journal but as “Maurice Richard Greenberg”. He would sign his name on company documents with his initials as “MR GREENBERG!”.

Oh yes AIG had it’s annual holiday ritual called “Re-org”. This is when rumors would fly that jobs would be cut and everyone would be stressed out! This was in the so called good times!

One final note on AIG and temp workers! They even maintained their own internal “Temp Agency”. That way if a temp worker was made permanent they would not have to pay the agency fee! This practice was also utilized by many banks!

My fellow democrats need to learn an important lesson. Out-sourcing and off shoring are not just a blue collar issue! White collar employees are also subject to this. We are forced to read stupid stock reports then go to job interviews and “make believe” we give a shit! Like my interests are the same interests of the stock holders! “Profit” and Ayn Rand style “rational greed” are only for our Social Betters while employees are to subvert their “rational greed” to the greed of the CORPORATE COLLECTIVISTS!

No that does not mean we should not be team players. But I am tired of suppressing my class needs to the owners of the CORPORATE COLLECTIVE! I am tired of paying hidden taxes to my social betters in the form of added prices for goods and services or lower wages to fund their K-Street activities!

Make no mistake about it! We face an issue of two city – states! Both are contradictory and try to supress the other. Politics is but the story of their conflict!

• In the first the motto is “One dollar then one vote!”.
• In the second city the dynamic is “One person then one vote!” Our nation is now deciding what motto it will be that guides our Republic!

Money that goes to K-Street is funding the ENTITLEMENT PROGRAMS of the social elites! Just look at how America has developed a huge trade deficit! If our guiding principle was “one person – one vote” then we would have “fair trade” not so – called “free trade”.

The time has come for the Silent Majority – our great Middle Class to stand up to these effete snobs of privilege! No more money for AIG. The time has come to NATIONALIZE AIG! God Bless America!

We hear our “Social Betters” today in the Republican Party looking down on the middle class by pointing out the rise of credit card debt as a cause for the current financial meltdown! Then these same advocates of laizze faire capitalism extol the virtues of of tax breaks for the wealthy while the disposable income of the average American declines and they are forced to work longer hours to just get by! The tolls of globalization are now effecting the American economy and the CUT AND RUN  CAPITALISTS do not want to own up to their responsibility! (See the video below)

The reasons for the rise of credit card debt in America are:

• American have less earning power then they did years ago.
• Our jobs and that includes computer programming jobs are either being off shored or filled by lower paid H1–b foreign workers. This is no longer simply a blue collar union issue!
• The stock market survives on “Aggregate Demand”. Those at the top actually benefit from the indebtedness of the middle class American.

These are the same folks who will lecture the Silent Majority, our great Middle Class on the values of thrift while at the same time buying stock in companies that engage in predatory lending practices! Some of these same people even engaged in “Day Trading”! You know the “I want it now” mentality!” We spent 150 billion dollars on just AIG alone when a “mere” 100 billion would have financed one year of Universal Health Care! Yet AIG was one of the companies that called many of their computer programmers to a meeting and told them they were fired but could stay to train their foreign H1–b lower paid replacements! We now even have computer programmers forming proto-types of UNIONS in the form of the “Programmers Guild”!

When you hear the bull shit that blue collar workers who loose their jobs will be alright in the long run because some can be retrained in computers, remember AIG and visit the “Programmers Guild” web site!

Let’s demand that not only the Bush Tax Cuts but also the Reagan Tax Cuts be eliminated! Who are these effete snobs of privilege to earn more than the President of the United States! Please note I resent this even if their company does not get Federal Bail-out funds! While it is impossible to regulate the compensation for each occupation, unless such individuals are producing a cure for cancer or aids I think they can “get by” with the mere salary of the person who has more responsibity then anyone on this planet! That is to say the President of the United States!

President Obama we need to repeal not only the Bush Tax Cuts but also the Regan Tax Cuts! In this era of licentious permissiveness (don’t you love it when I use their terminology) where day traders have no connection to the enterprises and lives of the people they profit from, where CUT AND RUN CAPITALISTS spurn the shores of the nation that gave them incorporation, profit, protection and birth, our tax code must impose SOCIAL RESPONSIBILITY!

• Peanut butter companies spreading death in the service of profits!
• Predatory lenders going unchecked and
• Our technology going to the enemies of America for profit!

This era must come to an end! Our economy needs LAW AND ORDER! What the Conservatives have to learn is that their era of SOCIAL DARWINISM and making monkeys out of the American Middle Class are over! We Liberals demand that our economy and tax system will no longer operate under Social Darwinism but INTELLIGENT DESIGN!

STAND UP FOR AMERICA!

REGULATE BABY REGULATE!

Yes I am a flaming anti-corporate liberal. If Barrack Obama wants to add a Republican to give him straight from the hip advice and who believes in infrastructure spending then JIM CRAMER is my man! Yes I know he is a corporate type but he is really for spending on infrastructure and is criticizing Obama for not spending enough! I urge  you to watch the video below! Jim Cramer really hits the point! 

If you doubt my liberal credentials just look at my other posts! Hell I am not a “Democrat” but a “SOCIAL DEMOCRAT”! But this guy Jim Cramer really makes sense to me! I have also heard him advocate for Universal Health Care! His idea is to have some type of voucher system that is independent of the employees’ work place! When I heard his idea at first I did not like it but now it really makes sense to me! Why does this make sense? Let me pose a question!

Well what type of corporate behavior are we trying to shape in our “Societal Skinner Box?”

Why should companies that do right by their employees be “penalized” while those that do not get financially rewarded? Also this will make Universal Health Care less subject to Conservative propaganda.

One other thing thing Jim Cramer says is that the tax rebates should go to the lower classes as they will spend it, which is what we want them to do. He is not saying this in a derogatory way but understanding of their situation. Kudos to Mr. Cramer as he is not advocating that a tax break should be given to the rich though I am sure he would like one.  What I really like about Jim Cramer is that he views the Infrastructure aspect to be CRITICAL and he faults Obama not for having it but not having enough. Again please watch the above video.

President Obama please consider Jim Cramer for Commerce Secretary!

Yes I am a left leaning soy eating liberal. Yes I know many are starting to wonder what the hell is going on now with President Obama and the Democrats first choosing someone for Treasury Secretary who had tax problems! Now we have the Health And Human Services Secretary nominee, Tom Daschle kind of forgetting to pay a mere $128,000.00 dollars not because he was low in funds but because he kind of forgot about it! Hey we all forget things as we get older!

I took the unpopular position to keep Trojans in the Stimulus package in a prior post and then in my next post I wondered about the bill asking, “where’s the beef”, though I know where the pork is! But I want all my fellow Democrats to breath a big sigh of relief at Tom Daschle’s tax problem. Oh sure we could be like some members of the public like the individual in the short video below who raises an important question. But not only will I answer his question, and allay your fears in the process, but will juxtaposition Tom Daschle with that of the leader of the Republican Party! Who is that you say? Why Rush Limbaugh! But first let’s hear a question from a member of the general public! His question is legitamate then I will answer as stated. (See the short video below).

Well I can understand this guy’s aggravation! But wait there is a simple answer why Obama’s two recent picks did not pay their taxes!

It isn’t because they are Democrats!

It’s not because they are Liberals!

You see even Rush Limbaugh agrees when you listen to and understand  his video below!

Tom Dashle and Tim Geithner don’t have to pay their taxes because IT’S A PATRICIAN KIND OF THING!

As Rush Limbaugh says in the video below, we have to support our social betters! That is what “FREEDOM” is all about. But if we vote “Democrat” then at least we get the “NICE PATRICIAN”. Rather than that nasty Rush Limbaugh or George Bush type Patrician! What the hell the Democrats are right! Maybe adding all those extras now to the national budget is the right thing to do as we will not have another chance! That is because Bush screwed up this economy so bad we will loose the next election even if jobs do come back!

Why will we loose? Because when Obama goes up for re-election that is when the “inflation” is going to hit big time! So relax! It’s Ok that Geither and Daschle did not pay their taxes!  Let’s push our spending agenda now while we can (and I mean that even though I am being a cynic). The whole economy will take a decade to correct itself and thus cost us the next election. But then again that nut job in North Korea will probably invade South Korea and we will have a major war which will raise “aggravate demand” and may fix the economy! We will then use that as an excuse to not pay our debt to North Korea’s ally “China”!  But then again the dollars the Chinese hold will be worthless anyway due to the coming inflation. Look on the bight side,  China’s dollar holdings will be a reduced percentage of our money supply due the wonders of the “printing press”! God Bless America! So enjoy Congressional control while we have it. That’s what George Bush has done for America!

So don’t worry about Tom Daschle and Geitner not paying taxes!  Our only choice is between GOOD PATRICIAN OR BAD PATRICIAN! Speaking of which lets listen to the leader of the Republican Party and hear the bad Patrician!

Well thank you Rush. (I hope you listened to the video above). I feel so sad for my social betters. So what we could have spent the money that we did on AIG and had Universal Health Care instead! I want FREEDOM from economic security and Health Care! That way we can be more dependant on the “CORPORATE COLLECTIVES THAT EMPLOY US AND THAT RUN K-STREET! I am glad we spent the money on AIG rather than Universal Health Care! We Middle Class Americans should know our place and place our SOCIAL BETTERS interest before our own!  Just like Rush Limbaugh says. That’s what “FREEDOM” means to Republicans! Well if Rush and the “Bad Patricians” had their way Social Security would have been “Privatized” and just think how wonderful that would have been!

So as far as Dashle and Tim Geithner are concerned I prefer the “Good Patricians” rather than the bad Patricians because that is the only choice I have. My only concern is not that they are being appointed but rather what the effect will be on the general public as illustrated by the first video. I suggest you do as I have done and join Common Cause! Maybe some day we will have more of a choice then between “Good Patrician vs. Bad Patrician“!  There now do you feel better?