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By Kevin Stoda, write-in and online candidate for USA Senate

Last week, I reported to you that in an interview on DN, entitled "Executive Excess 2010: CEO Pay and the Great Recession" that CEOs that fire the most people get the best pay and bonuses in America

In my article, I re-stated the quote from an interview on DN: "[T]he CEOs of the fifty corporations responsible for the biggest layoffs were paid an average $12 million--42 percent more than the average pay for the Standard & Poor's 500" in 2009.

Now, according to Democracy Now {DN}, "There's a battle looming in Washington over the future of tax cuts for the wealthy. The cuts enacted by President Bush are set to expire at the end of the year. Republicans, led by House Minority Leader John Boehner, have called for extending the $700 billion in tax breaks for the rich. But President Obama strongly criticized the GOP and emphasized his opposition to extending the tax cuts."

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AMERICA, this is one of the top 2 or 3 issues in the election campaigns of 2010. I encourage you all to put pressure on Congressmen to tax the wealthy hoarders of America and jump-start the economy. (We can't lose--unless we let the hoarders blow any recovery chances in 2011-2012.)

I am not simply talking about tax-cuts to those Americans earning $250,000 or less. I am talking about getting an appropriate progressive tax--as needed for a great economy in the short and mid-term.


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DN spoke on Thursday with the Pulitzer Prize-winning investigative journalist, David Cay Johnston who makes it clear that taxing the wealthy investors who are not spending money but hoarding their capital savings and earnings, is the appropriate thing to do in order to get the economy rolling.

Johnston is the author of a book, FREE LUNCH, on "how the wealthiest Aemricans enrich themselves" at our "government's expense".

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KEVIN STODA-has been blessed to have either traveled in or worked in nearly 100 countries on five continents over the past two and a half decades.--He sees himself as a peace educator and have been-- a promoter of good economic and social development--making-him an enemy of my homelands humongous DEFENSE SPENDING and its focus on using weapons to try and solve global (more...)

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Johnston, author of FREE LUNCH, a book on how the ... by Kevin Anthony Stoda on Saturday, Sep 11, 2010 at 11:02:20 PM