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It's official! You're on your own

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Michael Collins


Sunrise by geriberryng

Some of us have known this for a long time.  Some of us just found out and some will find out very soon.  There are few, if any,  elected officials who really care about our interests unless we're one of the few thousand ultra rich who control  Congress and the White House.

The Obama-Republican tax plan was just approved in the United States Senate.  It will become law soon.  What did we lose?

The Senate put the Social Security system at risk with a 33% cut to employee payroll taxes, from 6.2% to 4.2% of wages.  Social Security is doing well with a $2.5 trillion surplus.  But this major change begins the starvation of the system.  Those who voted in favor will turn around sometime soon and say that Social Security is faltering.  Of course, their cynical actions will be at fault. They'll conveniently avoid mentioning that.


The Obama-Republican plan keeps the tax rate on investment income (capital gains) well below the rates for income taxes and below the capital gains  rates in 2000.  Wall Street ruins the economy with their shady deals then gets more tax breaks on their shady stock deals.

The wealthiest citizens get an extension of the "temporary" Bush era tax cuts.

Employment levels by Michael Collins

We're told that these huge tax cuts are worth it because they'll get the economy going again by producing jobs.  We had nearly 10 years of the Bush tax cuts and guess how many new jobs have been added to the economy?  None, when you factor in population growth.

These tax cuts will cause $900 billion in lost revenues.  Supporters of these tax breaks will talk your ear off about balanced budgets.  Apparently, they see no connection between giving away $900 billion and increasing the budget deficit.

This legislation has nothing to do with new jobs or a balanced budget.  It's all about enhancing income of those at the very top.

Heroes

Senator Bernie Sanders said he'd stop the madness.  Last Friday he stood up and spoke for hours outlining the glaring problems with the Obama-Republican program.  People thought it was a filibuster.  It wasn't.  There was no legislation to filibuster on Friday.   Yesterday, when it really counted, Senator Sanders sat on his hands as the one sided brawl between The Money Party and the people took place on the Senate floor.  There was no filibuster.  Mighty Bernie had struck out.

But Sen. Sanders performed a valuable public service for those in charge.  He provided the appearance that there might be at least one principled Senator left who was ready to hold the line.

We need our "heroes."  Without them, we might realize that we're entirely on our own in the fight against the wholesale theft of the peoples' hard work and wealth.

Before Sen. Sanders, there were the liberal Democrats in the House of Representatives.  They promised to vote against the president's health care reform bill if it didn't have a viable public option.  Guess what?   They sat on their hands just like Senator Sanders as health care reform became a health insurance industry bailout.

Before Sanders there was presidential candidate Obama.  He was the breath of fresh air, the sincere man for the people with the brains to pull off real "change."  But we had to have "hope" and before that, we had to believe him.

These public figures and many more promised to correct the chaos and depravity of the Bush era.   It's all a scam.  A new war, more bailouts for Wall Street, the continued assault on the Constitution, and lower taxes for the super rich are what we got.

One Winner Only

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A poor man complained to the rich man: 'I have to ... by Ned Lud on Wednesday, Dec 15, 2010 at 7:36:50 AM
That's a nice one Ned!... by Michael Collins on Wednesday, Dec 15, 2010 at 11:14:53 PM
And you will be hated by all for My name's sake. ... by Allen Oliver on Wednesday, Dec 15, 2010 at 9:45:40 AM
But first few thoughts. We all talk but when it co... by BFalcon on Wednesday, Dec 15, 2010 at 8:12:47 PM
The people aren't and the society is incredibly ro... by Michael Collins on Wednesday, Dec 15, 2010 at 11:18:45 PM
Men of conscience are not politicians, that is why... by Allen Oliver on Thursday, Dec 16, 2010 at 12:08:39 PM
I coined the phrase, "Presidential politics withou... by GLloyd Rowsey on Wednesday, Dec 15, 2010 at 10:08:42 AM
everyone is broke and has no idea how to fight. ... by Mark Adams JD/MBA on Wednesday, Dec 15, 2010 at 11:31:23 AM
is devoid of any meaningful action. They've got t... by Michael Collins on Wednesday, Dec 15, 2010 at 11:27:57 PM
"The Try Try Again Project is a dual initiative to... by Arthur Avalon on Wednesday, Dec 15, 2010 at 12:16:59 PM
Check out my comment below.... by Guy Dwyer on Wednesday, Dec 15, 2010 at 7:56:27 PM
It shouldn't even be a required subject taught in ... by Allen Oliver on Wednesday, Dec 15, 2010 at 12:43:56 PM
"I'm doomed" . As a disabled Soc Sec recipient, I ... by shirley reese on Wednesday, Dec 15, 2010 at 12:57:06 PM
Do you really want to pay for only the disasters t... by Mari Eliza on Wednesday, Dec 15, 2010 at 2:24:26 PM
The only way we can truly become "on our own" is w... by Robert P. Philipps on Wednesday, Dec 15, 2010 at 3:27:10 PM
During the Great Depression, FDR sent Mrs. Rooseve... by Tom Sciamanna on Wednesday, Dec 15, 2010 at 4:43:42 PM
I heard on NPR the good news that middle-class... by j dial on Wednesday, Dec 15, 2010 at 5:57:57 PM
Social Security is too large of a money pot for th... by Allen Oliver on Wednesday, Dec 15, 2010 at 6:25:57 PM
He shelved his songs, though, back in 1984, when t... by Guy Dwyer on Wednesday, Dec 15, 2010 at 7:49:54 PM
Don't worry about the polls that show Americans lo... by Perry Logan on Thursday, Dec 16, 2010 at 4:46:50 AM
poll numbers to manipulate public opinion. As you ... by Mark Adams JD/MBA on Thursday, Dec 16, 2010 at 10:16:07 AM
When I read or hear these poll results I sometimes... by Allen Oliver on Thursday, Dec 16, 2010 at 10:33:50 AM
Start now to back a progressive cabidate for '12. ... by Peter Falvey on Thursday, Dec 16, 2010 at 6:51:42 AM
The ultra-rich control not only Congress and the W... by James O'Connell on Thursday, Dec 16, 2010 at 3:47:11 PM
we are looking at is either THE TERRIBLE END of wh... by Donald on Thursday, Dec 16, 2010 at 3:49:50 PM
"If we're willing to reach the end our life justif... by MJ Creech on Saturday, Dec 18, 2010 at 12:12:24 AM