STANFORD UNIVERSITY FACTS ABOUT GOP MULTINATIONAL LIES – PROPAGATED STRONGLY SINCE REAGAN 1981:
Simple Trickle Down Facts:
- Billionaires Incomes, after most extravagant luxuries are met = Inflates Bubbles in Stock Market or Real Estate = BENEFITS TOP 1% = NO TRICKLE DOWN
- 50% making $30,000 or less = Every penny is spent on SURVIVAL needs = FEEDING THE AMERICAN ECONOMY and CREATING JOBS and a HIGHER STANDARD OF LIVING FOR ALL AMERICANS = TRICKLE UP TO ALL
GOP MULTINATIONAL LIES: TRICKLE DOWN = A RISING TIDE LIFTS ALL BOATS = JOB CREATORS = LAFFER ON AMERICANS CURVE = ALL PURE LIES
PURE BS = $20 Million/ Year Executive trickles down to the 99%
FACT: A rising tide has lifted 425 AMERICAN YACHTS and SUNK THE REST OF AMERICA’S BOATS
FACT: 85 Richest OWN 50% OF THE PLANET = More wealth than the 3.5 Billion Poorest.
FACT 2014: 1% of World Population = Controls 50+% of World’s wealth.
FACT 2012: TOP 10% TOOK 50+% OF ALL AMERICAN INCOMES
FACT: Top 20% = MAXED OUT ON INCOME GAINS over 40 Years
FACT: BOTTOM 80% = Boats are sinking over 40 Years
FACT: BOTTOM 60% = Boats WERE SUNK out of the MIDDLE CLASS
Imagine the lines below as tides. As you can see, one is rising, while the others are falling (and one is stagnant):
FACT: Rising poverty and inequality in the U.S., particularly since the 2007-2008 recession.
FACT: BIG TAX CUTS FOR 1% = BIGGER Income Inequality = FEW GET RICHER = REST SUFFER
FACT: OECD Study (2013) = USA #1 highest income inequality in developed world
FACT: USA #1 OVERALL = Only Chile, Mexico and Turkey had higher inequality
FACT: 50+% of Americans made less than $30,000 in 2012
$27,010 = FEDERAL POVERTY LINE $27,010 for a family of five.
FACT: TRICKLE DOWN = A RISING TIDE LIFTS ALL BOATS = JOB CREATORS = LAFFER “ON AMERICANS” CURVE = ALL PURE LIES
Source: Stanford Center on Poverty and Inequality’s 2014 Report: http://www.stanford.edu/group/scspi/sotu/SOTU_2014_CPI.pdf
MULTINATIONAL BILLIONAIRES ARE CRYING IN THEIR GOLD CUPS AS THEY PULL OFF THEIR BEST YEARS EVER UNDER OBAMA:
Meanwhile, Wall Street finished 2013 with the biggest annual gains IN DECADES.
MULTINATIONAL BILLIONAIRES = PERSECUTED FOR THEIR SUCCESS IN ROBBING FORTUNES FROM THE LOWER CLASSES = PERSECUTED!
Tom Perkins CRIED in the Wall Street Journal = “Writing from the epicenter of progressive thought, San Francisco, I would call attention to the parallels of fascist Nazi Germany to its war on its ‘one percent,’ namely its Jews, to the progressive war on the American one percent, namely the ‘rich.'”
AND POOR TOM IS NOT EVEN A $BILLIONAIRE!
Sam Zell, Real estate Speculator said, “The 1% are getting pummeled because it’s politically convenient to do so – work harder” than everyone else.
Ken Langone, the billionaire founder of Home Depot, late last year cried about Pope Francis’ criticism of capitalism made the wealthiest Americans feel alienated and accused Obama in of attempting “to divide us and make us look at each other with skepticism, with suspicion.” POOR Bernie Marcus said that many CEOs opted against criticizing Obama out of fear of retribution = “They are frightened to death — frightened that they will have the IRS or SEC on them. In my 50 years in business, I have never seen executives of major companies who were more intimidated by an administration.”
“those of us who have business opportunities and the capital to do it are going to sit in fear (of Obama). Well, this is Obama’s deal. And it is Obama that is responsible for this fear in America. The guy keeps making speeches about redistribution and maybe we ought to do something to businesses that don’t invest, they are holding too much money. You know, we haven’t heard that kind of talk except from pure socialists. Everybody is afraid of the government and there is no need soft-pedaling it. It is the truth. It is the truth.”
— Las Vegas casino mogul Steve Wynn
85 Richest OWN 50% OF THE PLANET = More wealth than the 3.5 Billion Poorest.
85 Wealthiest People = 50% of WORLD’s Least WELL TO DO’s Wealth
Source: Oxfam Reports 01/21/2014
67% of the world’s adults have wealth of $10,000 or less
0.7% Wealthiest hold 41% of the world’s wealth.
2O% of Americans own 93% of American wealth
8O% of Americans own a combined 7% of American assets.
Obama: “…technology and global (ASIAN $1.80 / Day LABOR) competition had eliminated a lot of good, middle-class jobs.”
What He Didn’t Say: EXPORTING UP TO 12,OOO,OOO JOBS TO ASIAN $1.80 / Day LABOR COUNTRIES HAS WIPPED OUT UNIONS AND THE MIDDLE CLASS.
MEANWHILE CEO PAY WENT THROUGH THE ROOF:
U.S. CEO pay in relation to the average production worker’s compensation
Click for 20 Facts About U.S. Inequality that Everyone Should KnowMassive Worldwide Economic Inequality
Oxfam’s “Working For The Few” report
Credit Suisse’s “Global Wealth Report 2013”
Forbes’ list of the world’s billionaires from 2013
1% of World Population = Controls 50% of World’s wealth.
World’s 85 richest = Own same amount as bottom 50% of Global Population
FEW = Massive concentration of resources = significant risk to societal breakdown
Oxfam says leaders at 2014 Davos = Must tackle growing inequality = a living wage + progressive taxation.
Income disparity = one of the “Ten Global Risks of Highest Concern in 2014.”
FACT: THE RICH ARE 1,000 TIMES RICHER THAN BEFORE BUSH!
“No to the inequality which spawns violence . . . .”
— Pope Francis I
FRAUDSTERS’ RULE: SLAVE LABOR = A FEW (425 in USA) BILLIONAIRES!
NOTE FOR 2014 – THE NEW YEAR FROM ROBERT REICH:
UNDER BUSH, RYAN CALLED FOR TRICKLE “UP” FROM THE 99%!
2002 HE WAS PRODDING CONGRESS FOR STIMULUS!
Unemployment PAYMENTS = Stimulus
“We don’t pay taxes (or do the poor thing). Only the little people pay taxes (and do the poor thing).”
— Leona Helmsley
$17,5OO = LOWER END OF MIDDLE 60% OF AMERICANS AFTER GOP-BUSH
$23,5OO = USA DEFINED POVERTY LINE
$97,5OO = UPPER END OF MIDDLE 60% OF AMERICANS AFTER GOP-BUSH!
INEQUALITY = A CALCULATED MULTI-NATIONAL SCAM COLLUDING WITH GOVERNMENT!
USA #1 IN WEALTH INEQUALITY IN DEVELOPED WORLD
USA #1 IN INCOME INEQUALITY IN DEVELOPED WORLD
USA #4 IN INEQUALITY IN ENTIRE WORLD WITH BELOW ZlMBABWE AND NEAR Mozambique, Rwanda, Uganda
INEQUALITY OF WEALTH AND INCOME WAS DONE ON PURPOSE BY A CONSERVATIVE GOVERNMENT BOUGHT BY MULTI-NATIONAL GREED!
TAX cuts of 1926 and 1928 for the rich preceded the 1929 depressions.
TAX cuts of 2001 and 2003 for the rich preceded the 2007 depressions.
1920s and 2000s GOP Congresses both times promised reduced taxes on RICH = Investments
FACT: GOP CAUSED Overinvestment = BUBBLES + FRAUD + BUSTS
GOP SINCE NlXON = Tremendous shift in tax burdens away from CORPORATIONS AND RlCH and ONTO MIDDLE CLASS
LOSS OF 82% OF CORPORATE TAX REVENUE PER YEAR COMPARED TO 1945!
1.3% of GDP MULTl-NATlONALS AND CORPORATlONS pay NOW
7.2% of GDP CORPORATlONS pay in 1945
REAL WAGES FOR 90+% = Dramatically DROPPED
OBAMA ON inequality – “The defining moral issue of our time.”
Government must not be a bystander in the effort to reduce inequality
Obama wants Americans to believe inequality just happened – perhaps because of technology and globalization that made 425 BILLIONAIRES.
FALSE: Obama and other like-minded people feel a moral compulsion to reverse the resulting inequality.
Inequality = Deliberately engineered WEALTH AND INCOME REDISTRIBUTION UPWARD policies to cause INEQUALITY!
Inequality = Deliberate Trade deals (NAFTA) designed to place our manufacturing workers in direct competition with SIave workers around the world.
NAFTA = NO ACCIDENT = Text written with top executives wanting changes in Mexico’s law would make it easier for them to set up factories in Mexico.
NAFTA = Caused US factory workers to lose their jobs to imports from Mexico etc = PREDICTED RESULT = UNlONS BUSTING
GAINS = NAFTA created lower priced products due to near SIave labor.
Gobalization process could have brought in Lower Cost Doctors from Europe, Canada, Mexico and elsewhere to US and reduced Health Care Costs if we structured the trade deals – But TOP 1% Doctors had the POWER TO BLOCK that!
NAFTA + OTHER TRADE DEALS = Deliberately put downward pressure on factory wages, while protecting doctors and other 1% professionals from competing.
TOO-BIG-TO-FAIL BANKERS = MASSIVE BAILOUTS AND SUBSIDIES = Makes failed bankers on Wall Street incredibly rich = REDISTRIBUTION TO THE RICH!
MIDDLE CLASS GIVES = $80 Billion/Year to BANKERS = More than food stamps
FED GIVES $85 BILLION PER MONTH to THESE BANKERS AND THE MIDDLE CLASS PAYS WITH FUTURE INFLATION
BlG Pharma gets MONOPOLY PRICING and Strong patent protection worth $270 Billion/ Year = 3 X food stamps + 8O,OOO+ AMERICANS/Yr DIE from their toxicity!
GOV Budgets designed to NOT stimulate the economy to reduce unemployment to insure SIave labor wages to America.
Congress + President Craft budgets that lead to 10 of millions of people being unemployed or underemployed = LOWER workers’ wages – especially Bottom 33%
Congress + President Craft federal budgets to limits growth and employment to redistributes income upwards.
People who want inequality reduced, and for poor and middle class to share in the benefits from growth = DISLIKE OBAMA’s Speech.
Obama claim that Government was an innocent bystander =A LIE!
Obama will do NOTHING to reduce INEQUALITY!
RECORD LUXURY FOR THE 425 MULTI-NATIONAL BILLIONAIRES!
RECORD NUMBER OF AMERICANS LIVING IN OR NEAR POVERTY = 1OO,OOO,OOO
USA = A KLEPTOCRACY = NO CAPITALISM = MULTI-NATIONAL MONOPOLIES with MASSIVE BRIBERY OF OUR ELECTED REPRESENTATIVES!
DEFINE: Kleptocracy = a form of political and government corruption where the government exists to increase the personal wealth and political power of its ruling class at the expense of the wider population, often with pretense of honest service = embezzlement of state funds.
$1 TRILLION FROM FED TO BANK CRIMINALS = FRAUD STIMULUS
GOP GOAL = SLAVERY WAGES IN AMERICA = MORE BILLIONAIRES
FACT: THE RICH ARE 1,000 TIMES RICHER THAN BEFORE BUSH!
USA = # 1 IN INCOME INEQUALITY
USA = # 1 IN WEALTH INEQUALITY
IN THE INDUSTRIALIZED WORLD
USA = # 4 IN ETIRE WORLD
GOP = LOVES THE RICH AND CORPORATIONS RAPING THE TAX SYSTEM
GOP = TAX-DODGERS
GOP = ANTI-POPE
GOP = OF, BY, AND FOR THE MULTI-NATIONAL BILLIONAIRES AND THE TRICKLE DOWN LIES!
WALL STREET INCOMES AT RECORD HIGHS = SCAMMING AND FRAUD PAYS MAGNIFICENTLY!
USA #1 IN INCOME INEQUALITY = RECORD HIGHS
We need a change in Washington!
IT IS COMING!
2013 Income Inequality = ISSUE = Pope Francis + President Obama
2014 = Significant efforts on reducing income inequality needed
Poverty or LOW INCOMES for MANY
LUXURY for 425 MULTI-NATIONAL BILLIONAIRES and THEIR ASSOCIATES
TAX POLICY = #1 CAUSE OF INCREASED WEALTH AND INCOME INEQUALITY
MOST CORPORATIONS = PAY ZERO OR VERY LOW TAXES = 14,OOO LOOPHOLES = MIDDLE CLASS MAKES UP THE LOSSES
CORPORATE USE OF FOREIGN SUB-$1 PER HOUR LABOR = PRODUCES BILLIONAIRES AND LOTS OF POOR AMERICANS
GOP = MAXIMIZES Income Inequality FOR 45 YEARS
Income Inequality = HIGH concentrations of wealth for a FEW and economic struggles MOST AMERICANS.
Pope = Explains the moral dimension articulately.
GOP = Wildly unprepared to focus in Inequality SINCE THEY WANT IT MAXIMIZED = make the economically powerful richer and more powerful
CORP DEMS = GOP = SAME MAXIMIZE INEQUALITY
OTHER DEMS = INTIMIDATED AND DOMINATED by moneyed interests forced to IGNORE income inequality other than minor tweaking.
2014 Momentum on USA #1 INCOME AND WEALTH Inequality will be an issue and especially in the 2016 presidential election.
Income inequality is not going away on its own and will only become more severe.
RACIAL WELATH GAP IS NOT MUCH BETTER:
BLACK UNEMPLOYMENT STILL A #1 PROBLEM: