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INEQUALITY: SOLUTIONS THAT WORK

UPDATE:

SIMPLE SOLUTION = 1% PAYS THE TAXES YOU PAID IN 1945 and remove 13,950 loopholes of the 14,000 for the rich!

Thomas-Friedman BS = Low-wage workers just need more education = SKILLS

Friedman BS LIE = Smarten up, get new skills = Higher wages = Offset his globalization, offshoring and outsourcing AGENDA.

Friedman BS LIE = Don’t need to raise Minimum Wage if workers were smarter

Friedman BS LIE = Since Great MULTIO-NATIONAL FRAUD INDUCED MAIN STREET DEPRESSION = Highly educated people in low-paying McJobs

LOW-WAGE MYTHS

FACT: Workers are better-educated + more productive = RECORD CORP PROFITS

FACT: WAGES HAVE STAGNATED FOR 30 YEARS

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GOP + FED RESERVE = INEQUALITY

Former FDIC Chair Sheila Bair (R) = Congress FAILED to HELP repaire the economy “need to be held to account.”

SHEILA BAIRGOP = REFUSES REBUILDING OF AMERICA – OUR INFRASTRUCTURE

GOP = AUSTERITY FOR 99% OF AMERICANS + MORE WEALTH FOR 425 MULTI-NATIONAL BILLIONAIRES 

“Infrastructure spending’s number one. I think we’ve squandered cheap financing rates for five years … We haven’t spent the money.  Everybody wakes up in the morning, ‘What’s the Fed gonna do?’ I don’t like that. I want the pressure back on the elected leaders. They need to be held to account. They need to get the economy going.”

 — Sheila Bair (R), Former FDIC Chair – outspoken critic of reckless lending in the banking system prior to the 2008 meltdown –  persistent voice for financial reform 

“Look, on entitlement reform, I think you do need a long-term strategy. I’m not one of those people who say we can ignore that — we can’t. But it can be long-term. And if you get something out of this spending, you get something with long-term benefit — which you will with infrastructure: You get infrastructure, which we desperately need. We need jobs, better job training … This is low-hanging fruit.”

— Sheila Bair (R), Former FDIC Chair– long-term problems with Social Security/Medicare don’t justify GOP inaction on near-term troubles. 

The Federal Reserve exacerbated INEQUALITY with its quantitative easing policy. “It’s inflated financial assets.  The top 10 percent of the population owns 80 percent of the stock.  We need fiscal policy. And I know the Fed says, ‘Well, Congress isn’t going to do anything, so we need to do this.’ But I think what they’re doing at this point just continues to skew wealth towards the very wealthy. We need Congress, we need fiscal leadership.”

 — Sheila Bair (R), Former FDIC Chair – central bank purchases bonds from U.S. banks as a means to pump new money into the BANK FRAUD SYSTEM = ZERO BENEFITS TO MAIN STREET 

17 $TRILLION COINS WOULD SOLVE MOST OF THIS BS DEBT PROBLEM!

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THE MIDDLE CLASS MAKES UP THE LOSSES IN  TAX REVENUE THE RICH DODGE OFF-SHORE.

THE MIDDLE CLASS PAYS FOR THE WHIMSICAL EXPLOITS OF USA MERCENARY MISSIONS.

THE MIDDLE CLASS COVERS THE  UNDER THE TABLE FED RESERVE BAILOUTS OF BIG BANKSTERS.

$16+ TRlLLlON IN FREE LOOT FROM FED TO BAlLOUT CRlMlNAL BANKSTERS LlKE GOLDMAN AND JPM 

DAY AFTER FAY OF $100,000,000 / DAY FRONT RUNNlNG AUTOMATED FRAUD USlNG COMPUTERS IN JERSEY DOlNG NANOSECOND FRAUD!

END CORPORATE WELFARE!

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INEQUALITY IN ACCOUNTABILITY IN AMERICA:

ZERO ACCOUNTABILITY FOR MULTI-NATIONAL WHITE COLLAR CRIMINALS

100% SURVEILLANCE ACCOUNTABILITY AND OFTEN PRISON FOR THE REST OF AMERICANS.

ONLY THE RICH HAVE THE LOOT TO DEFEND THEMSELVES IN EXTRAVAGANTLY EXPENSIVE AMERICAN LEGAL SYSTEM!

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TAX FRAUD ON THE MIDDLE CLASS TO BENEFIT MULTI-NATIONAL CORPORATIONS

AMERICA IN CORPORATE TAX RIP-OFF CRlSlS:

Corporate tax dodgers

If CORPORATlONS are people why don’t they pay the tax rates average people pay?

3OO% HIGHER lRS $CORPORATE ♜ REVENUES IN 198O – RlP-OFF!

_8.9% of IRS Revenue (2O1O) came from $CORPORATlONS ♜

27.O% of IRS Revenue (198O) came from $CORPORATlONS ♜

67% DECREASE IN $CORPORATE ♜ TAXES PAID COMPARED TO 3O YEARS AGO!

 

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AMERICA IN CORPORATE TAX RIP-OFF CRlSlS:

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

14,000 laws BRIBED BY THE RlCH to pass to open loopholes in the TAX code for the TAX DODGlNG WELFARE SUCKlNG RICH and CORPORATlONS over the last 3O years – Have destroyed our DEBT, DEFICIT, MlDDLE Class, Trade Balance, and OUR ECONOMY.

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GOP = TAX cuts of 1926 and 1928 for the rich preceded the 1929 depressions.

GOP = TAX cuts of 2001 and 2003 for the rich preceded the 2007 depressions.

1920s and 2000s GOP Congresses promised reduced taxes on RICH = investment

FACT: GOP CAUSED Overinvestment = BUBBLES + FRAUD + BUSTS

GOP SINCE NlXON = Tremendous shift in tax burdens away from CORPORATIONS AND RlCH and ONTO MIDDLE CLASS 

REAL WAGES FOR 90+% OF AMERICANS = DROPPED LAST 30+ YEARS!

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ROMNEY TAX DODGlNG AND CRlME HlDlNG SCAMS ARE MASSlVE AND WORLDWlDE SUCKlNG OF WEALTH FROM REAL PEOPLE!

$1 to $1.6 TRlLLlON/Year in just these FlLES!  Could be 1O to 100’s of times bigger!

2.5 Million Files cracked open secrets of more than 12O,000 TAX DODGlNG offshore companies and trusts, exposing CROOKED Politicians, con men and $BlLLlONAlRES and BANKSTERS around the WORLD – 17O COUNTRlES

16O X larger than WlKlLEAKS in 2O1O covering more than 3O years of HlDDED FRAUD keeping the CRlMlNALS OWNERS under cover.

Secret WORLD OF FRAUD (SYNDlCATE-STYLE MOBSTERS and OLlGARHS) has finally been revealed where OFFSHORE secrecy undermines law&order and FORCES average citizens to pay higher taxes to cover MASSlVE OFFSHORE FRAUD.

COVERT COMPANlES (like BAlN) and private trusts (LlKE ROMONEY) in the 

      1. British Virgin Islands
      2. Cook Islands
      3. Cayman
      4. UK lSLE of Jersey, Guernsey and Man tax FRAUD HAVENS
      5. Other offshore TAX DODGES
      6. American doctors
      7. US dentists
      8. Lawyers
      9. PONZl-SCAM ARTlSTS
      10. Middle-class Greek villagers
      11. Families and associates of long-time DESPOTS
      12. Wall Street SWlNDLERS
      13. Eastern European and Indonesian $BlLLlONAlRES
      14. Russian corporate OLlGARCHS
      15. lnternational arms dealers
      16. Construction BOOM FRAUDS
      17. MASSlVE BRlBES
      18. Philippine DlCTATORS $5 BlLLlON
      19. Sham front company for Iran
      20. Cash transfers
      21. LlNKS between SHAM Companies and individuals
      22. Offshore FlNANClAL TRlCKS around WORLD let wealthy, well-connected DODGE TAXES and HlDE corruption and CRlMlNALlTY!

“I’ve never seen anything like this….(The Wizard of Oz in which) they pull back the curtain and you see the wizard operating this secret machine.”

 — Arthur COCKFlELD, a CANADlAN Iaw professor

The Greek fiscal disaster was exacerbated by TAX DODGlNG offshore cheating.

The banking meltdown in the tiny tax DODGE of Cyprus inflated by waves of OLlGARCH cash from RUSSlA.

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$21 to $32 TRlLLlON IS HIDDEN OFFSHORE = US+Japan Economies combined

 — James S. Henry Even, Board Member ofTax JUSTlCE NETWORK, an international research and advocacy group

$12 TRlLLlON in 2O1O = The world’s 5O largest “private banks” use offshore TAX DODGES for “high net worth” customers.

Tax DODGlNG OFF SHOREF RAUD has a corrosive effect on governments and legal systems, allowing crooked officials to loot national treasuries and providing cover to human smugglers, mobsters, animal poachers and other exploiters.

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47% Who Pay No Income Taxes Is Mitt Romney Himself = Money funneled offshore

TOP 10 corporate deadbeats:

1) $O in Taxes paid by Exxon Mobil on $19 billion in profits in 2009 = Received a $156 million rebate 

2) $O in Taxes by Bank of America on $4.4 Billion in Profit = Received $1.9 billion Rebate + $1 TRILLION bailout from Federal Reserve

3) $O in TAXES OVER 5 YEARS by General Electric on $26 Billion in Profits in USA = Received a $4.1 Billion REBATE 

4) $O in TAXES by Chevron on $10 BILLION INCOME = Received $19 Million REBATE 

5) $O in TAXES by Boeing on $30 Billion in contracts from Pentagon = Received $124 Million REBATE

6) $O in TAXES by Valero Energy on $68 Billion in sales = Received $157 million REBATE + $134 Million tax break from the oil and gas manufacturing tax deduction.

7) 1.1% TAXES paid by Goldman Sachs on $2.3 Billion PROFIT + $800 Billion from Federal Reserve and U.S. Treasury Department.

8) $O in TAXES by Citigroup on $4 Billion in PROFITS = Received a $2.5 trillion bailout from Federal Reserve and U.S. Treasury.

9) $O in TAXES by ConocoPhillips on $16 Billion in profits = Received $451 million in tax breaks through the oil and gas manufacturing deduction.

10) 1.1% TAXES paid by Carnival Cruise Lines over 5 years on $11 Billion in PROFITS.

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KRUGMAN = WEAK SOURCE

KRUGMAN = WEAK SOURCE = MONEY HAS TO BE BACKED BY MEN WITH GUNS

Paul Krugman in 1998: Internet’s Economic Impact No Greater Than Fax Machine

http://m.unitedliberty.org/articles/13236-paul-krugman-in-1998-internets-economic-impact-no-greater-than-fax-machine

Economist and Nobel Prize winner Paul Krugman says that “in principle, you can have assets, which are considered valuable, even though there is nothing backing them,” but he is skeptical about what drives the recent surge of the bitcoin.

Read more: http://www.businessinsider.com/paul-krugman-on-bitcoin-2013-12#ixzz2p7UcOjMV

NOW KRUGMAN IS SAYING BITCOIN IS NO GOOD BECAUSE A MILITARY FORCE DOES NOT IMPOSE IT ON THE WORLD.

Paul Krugman = Known for saying very odd things = strongly against monetizing debt BEFORE  the Federal Reserve decided to roll out “quantitative easing” = debt monetization

KRUGMAN = Fond of death and destruction to drive economic output.

KRUGMAN = Fan of death panels to deal with the unfunded liabilities of entitlement programs.