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Date Posted: 18:42:10 03/03/13 Sun
Author Host/IP: 173-242-226-2.scottsboro.org/173.242.226.2
Post 322 A: Idiocracy, part 5. Emperor's New Clothes.
USA TODAY.com "Rich get a lot richer, outpace middle class"
"Average after-tax income for top 1% of U.S. households almost quadrupled, up 275%, from 1979 to 2007, the CBO found." 10/27/11
'US News and World Report.com
The Ultra Rich Got (a lot) Richer Last Year
"The world's richest people added a cool $240 billion to their collective net worth in 2012."
"Carlos Slim, the telecom tycoon who heads Mexico's America Movil SAB, held onto his No.1 spot as the richest person on Earth...surging more than $13 billion - or 22 percent - last year."
"Carlos Slim...Net worth: $76.4 billion (+ $13.4 billion in 2012)." January 3, 2013'
As I stated in Post 320 A: Idiocracy, part 4.
The ancient Romans had the Cult of the Emperors, in which the Emperor would be worshiped as a god. One can argue the case that when a person acquires wealth in the billions of dollars range they become virtually untouchable by law or government. Todays "Cult of the Emperors" could be referred to as the "Cult of the Wealthy."
Take the case of USBC Bank. Found guilty by the U.S. Government of laundering drug money. Yet not one single person went to jail. I am aware that this is a bank and not a person. Wait a minute, does not the Citizens United decision of 2010 (US Supreme Court 558) equate corporations to be persons? And let's face it, anyone who has a billion dollars or more becomes an entity and not person. Large businesses depend on their money to make more money.
Such persons could be considered a kind of "Emperor." In a manner of speaking. There are only so many slices to the wealth pie. To twist and subvert the tax laws to allow the "Emperors" to have more means someone has to pay more for the loss in tax revenue. That someone is always the middle class. The poor can't pay it since they have very little income to start with. The poor pay it in loss of government services. Thus the wealthy get a bigger slice of the wealth pie. And the middle class have to settle for an ever smaller slice of pie. Even to the point where they and their families are starving. All so the fat, wealthy bastard at the end of the table can have half the pie to himself. Two hundred and sixty eight thousand of,(268,000), the middle class have to split the other half of the pie. If one considers Mr. Slim's slice of pie.
As I had stated in a previous Post on www.voy.com/40560/ the term "middle class" has been stretched to infinity. Most people in the United States that are being called middle class are now actually the working poor.
I had found on a site this:
"In 1968 U.S. Minimum wage was $1.60 (a hour). If it had kept up with income growth & distribution overall, it would now be $21.16 per hour. Instead it's $7.25."
It seems that just like in the South after the Civil War, with the establishment of Jim Crow laws that were put in place to lockup black people for little or no reason in order for the State Governments of the South to hire them out for labour in a manner to continue the institute of slavery under another name, the Republican Politicians have figured out a way to enslave the majority of the population these United States Of America. The Nation they have created has now become laughingly known as "the land of the free."
To those who consider themselves Christians, particularly if they are Republicans. They should take a good look at my Post 320 A:.
As I stated in that post, in the days of the ancient Christians in the first and second century A.D., Christians would go to their death by the lions in the arena rather than call Emperors like Nero a god. The United States being the new Rome. The Christians of today are much different than their ancient predecessors of the same name. Todays Christian, especially if he/she is a Republican, is very much in favor of the "Cult of the Emperors." They are in favor of the billionaire 'Business Emperors' giving campaign money to Republican Political Pacts to have tax laws favor them and their businesses, even if those businesses are overseas. And put the majority of the tax burden on the back of the already struggling and what is now laughably called the "middle class."
Yes friends, todays Christian is in favor of calling Carlos Slim and Bill Gates a "business god." And taking the lash of the tax man upon their own backs, even if it means their own children have to do without, rather than the backs of the "Business GODS."
Is it just me? Or does todays Christian seem like a whimpering, crying, begging coward? Or are they just deluded fools who only watch Fox News and listen to Rush Limbaugh? I truly think when they realize what is being done to them they have no idea what to do about it. They don't want to join the Democrats, who are so liberal in some areas that it makes one nauseous. Only they can solve this one. Perhaps a new party would do. One, unlike the Tea Party, that has not been co-opted by the Republican Party.
To another point. I am well aware of the fact that the Free Trade Agreement has forbidden the use of tariffs. But, has the Free Trade agreement worked for the average American? Prior to NAFTA the U.S. had a trade surplus with Mexico. It had turned into a $91 billion deficit by 2007. It has turned into a $190 billion deficit with Canada and Mexico together in 15 years. That is an increase of 691% in deficit as compared to the $24 billion deficit we had with Canada prior to NAFTA. More than 20% of the higher paying manufacturing jobs have been lost in the U.S. due to NAFTA alone.
It seems obvious given the statistics that the average citizens of the U.S. has been lies to and cheated by Big Business and the U.S. Government, even when it was under Democratic control by democrats such as Bill Clinton.
They, of course, are still lying and cheating. That's what they do. There's a lot to said for the wealthy. Let's hope it's said in time.
End Post 322 A: www.voy.com/40560/, teltalheart is Michael D. Barnes.
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Post 322 A: Idiocracy, part 5. Emperor's New Clothes