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Some people still don’t get Bernie Sanders… it is not they are stupid, but they have never been exposed to the true message… All they hear is an interpretation of him which of course has been processed and comes directly from the corporate mentality which now owns the entire media….
So they can’t be blamed for not knowing what they do not know….. (although many people try)….
Soda…. Have you ever had a soda with so many bubbles it tickles your upper nasal passages? I did on Sunday at Burger King… What’s up with that?
You can get the same effect if you open a 2 liter bottle and inhale immediately afterwards. But if you at home pour a cup of soda and leave it… what happens? Perhaps if you come back to it in an hour, it is still drinkable. But if you wait long enough, it goes flat…
This is essentially what happened to our economy. … and particularly it is being felt by the middle class who now, like the poor people of the South prior to the sixties, see no change of their predicament ever coming in the future… This death of hope is almost unAmerican…
So using this analogy of spent soda, here are the options for America… Hillary and Trump are fighting over the allotment of the few bubbles left…. and who gets them… Both accept the stale soda at face value. Bernie is talking about re-infusing carbonation back into the old soda.
That is the difference… There is no real difference between Trump and Hillary unless you are a woman… or of Mexican descent…. or a Muslim…. Other than that, at the end of 4 years you on average will be poorer, with more and more money going to the top percent. If you are in the top percent, there also will be no difference in 4 years depending on whether either Trump or Hillary take power, (unless of course you are a woman, Mexican, or Muslim.) So the race the media wants to happen will pit whites against minorities, rednecks against liberals, and dominant males against strong women…
And since that is a playbook the media knows so well, that is the one they are hellbent on pushing us towards….
But we don’t have to play it… At least not yet…
Because there is the third option: which is to put more bubbles back into the soda so there is enough for all.. Yes, those from whose tanks the CO2 will come from will moan and bitch but they won’t die.
Now in case you are still not not able to see the analogy, let me be clear. The CO2 stands for economic activity or money. The soda is our economy. And you,… are the drinkers of either a glass of soda, or kool-aid….. depending on who gets elected.
The income imbalance is gigantic. You may have see this before. It is our income imbalance as seen in three perspectives… What it is… versus what we think it is,… versus what we would like it to be.
So what would it take to make it like we would like it to be?
Obviously we would take the top 20% down from 85% ownership to around 30%… a drop by 55% of the nation’s wealth. That would be divvied up though not equally, among the other four 20%….
So what if we used those numerical principles to tackle income inequality? Then instead of wealth, simply use the same alignment picked by most Americans to figure out a theoretical income distribution?
In 2007 prior to the Recession American families brought in $7..723 trillion dollars…. one half of that went to the two 20% with incomes over $100,000..
If our aim were to move the slider from 50% down to 35%… then this is how much a percent of national income, the top 10% would take… From 50% to 35% is 15% and fifteen percent of $7.7 trillion is $1.1 trillion dollars each year…
So basically to get the middle class back to where it was in the past, we need to take $1 trillion a year from the top 10% and give it back to everyone else…
America is roughly at 315 million people. and they live in 123 million households… If we lop off the top 20%, we have 80% left which is 252 million people or 98.4 million households…
Giving us 25 million households giving up their $1 trillion to be split up with 98.4 million households.
The average given would be $40,000 given up by 25 million households per year. And if spread across America’s other 80%, it would average………………..$10,204……
The economic value of that total gets reflected by the memory that the wealthy don’t spend the $40,000 into the economy; they lock it away in stocks. But an yearly extra $10,000 in the hands of the stressed 80%, gives a big boost to economic demand.
And this does not get us to equal. It is just where Americans think the levels inequality SHOULD be.
In fiscal 2014, the federal government collected nearly $1.4 trillion from individual income taxes, making it the national government’s single-biggest revenue source. (Along with corporate income taxes and payroll taxes, other sources of federal revenue include gasoline and cigarette taxes, estate taxes, customs duties and payments from the Federal Reserve.)
WE are saying this now needs to be raised to $2.4 trillion with ALL that average increase borne by the top quintile… As a rough estimate (since they are actually paying near a 25% real tax rate now), because we need double the intake of income, doubling their rates up to the 50% level for the highest margins, would bring us close to parity. Exactly to the level to which Ronald Reagan cut taxes in his first term.
THAT, should give you an indication of where we were at one time, and how bad things have been allowed to slip away from the middle class.
I should add, there is only ONE candidate who is addressing this issue…All other candidates are pandering to those who already “have”…..
Christian Hudson at 30045 (Eagles Crest Road, Milton, Delaware 19968; (302) 729-2178; info@FirstStateLiberty.org) is responsible for the robo calls now dialing off hate-lists compiled out of zip codes undergoing the Chrisina Referendum.
If you go to the beach, the above property is that old airport that has always been just north of Lewes…
If you’ve been here very long you may remember it as the location when as a child you looked out your window and saw this….
It was also one of the early fields featuring Pumpkin Chunking….
Today it is headquarter for Hudson Management, a wide ranging assortment of investments scattered across the winds, some of whose seeds have drifted close to home. Some of which include the wooden Fairfield Inn, Rehoboth Beach, Sam Yoder and Sons, Village of Five Points. Other investments include:
- 300MW Wind Farm and Solar project in northern Ontario, Canada (under development)
- 150 unit ocean-front luxury residential development in San Juanillo, Costa Rica
- Video commerce network- TV Page in San Diego, CA
- Leading digital news and information network in Dallas, TX
- Self-storage investment firm with 12 locations in the US, and 2 locations in Ontario, Canada
As would any investor, zeal against taxation would become a cause celebre because taxes sap some of the return off investments… And Christian Hudson has almost zealfully crusaded against any form of taxation….
Any form of taxation…. as would any zealot I could imagine.
Here is one of his ads on removing all taxes. Here are his ideas of cutting the state budget instead of raising taxes. Here is why they are against “smart” growth, advocating for its opposite instead. Here is him as a plaintiff trying to remove Delaware from the Regional Gas Initiative.
Those of us who have sparred with Christian Hudson across DelawarePolitics.net and Delawareright.com are familiar with his single-mindedness whenever anything interferes with the personal accumulation of money. Nothing wrong with that; were I raised differently it would make sense to me too.
But why would someone with no bone to pick in Lewes (Milton), employee his Robo-tax-cop machine to bother people in a district far-far away?
The first and simple reason: it costs nothing for him to do so.. The apparatus is set up; calls are free; and all it takes is 5 minutes to leave a greeting on tape, and then off to the Sussex Country Republican Convention while voters in Christina drop what they are doing when the phone rings, rush to their phones, only to hear a taped message telling them their taxes (but not their time) are wasted and they need to vote no on the upcoming increase….
For whether your taxes are or not wasted, here is a first rate breakdown of their funding… Basically Christina District is one of the most efficient districts in the entire NATION and if it weren’t for the abject poverty endemic in both Wilmington and the Route 40 Corridor, they would be considered one of the best districts in the United States… For the real fact is, those who are paying school property taxes across that small swath of state, are carrying the bulk of the weight for up to 90% of its students…. The real fact is that all the bad press being used to smear that district, is strictly because of the poverty that district bears; from the DOE website, we see one student in every two lives in families making less than $16,000 a year. Here is a quick succession of charts from the above Delaware-Liberal article.
Over 98% of all salaries go directly to people in the buildings or bus drivers. From a quick search over multiple educational funding sources, that seems to be the highest of any United States of American school district….
When you don’t vote FOR a Christina referendum…. you are voting to kick children in the teeth… Those lies of being too top heavy may apply to other districts INCLUDING CAPE HENOPLEN WHICH ENCOMPASSES CHRISTIAN HUDSON’S DISTRICT, but it does not apply to what is probably the most efficient school district in the entire nation:… Christina.
Of course. We understand there may be personal legitimate reasons, (such as living on limited pension income that is being too-quickly drained by ever-increasing corporate fees), which could push you not to want even one more dollar of money taken from you which you can’t spend on absolutely necessities. It’s just like there are reasons you don’t always put money in the collection plate as it’s passed by you in your church. You are entitled to vote and that is why we put it up to a vote. But be advised. Outside influences spreading mis-truths to achieve a certain outcome from which they are completely insulated, such as Christian Hudson and everyone who votes his way solely on ideologically grounds…. are putting loaded guns to the heads of children and pulling the triggers, especially in a place where one out of every two children comes from an under-$16,000 income family.
Just thought you all should know that…..
On Rick Jensen today, some figures gave us pause. One in five Delawareans live in poverty. Three out of every five children, live in poverty. The numbers of people going hungry has gotten worse since 2012…. not better.
This happened because of the Republican’s cuts to SNAP, the food stamp program. Originally a family of four in 2012 could spend $750 a month in food stamps. Now it is down to a little over $400 dollars thanks to both Tea Party Republicans and Democrats like John Carney who cowardly don’t stand up to them.
Which means a family of 4 making less than $1500 a month working however many jobs, ate off $25 dollars a day in 2012, but now, thanks to bastards in the Republican Party, is down to 13 dollars a day!
Most go that 4th week in the cycle goes with very little or no food. They would have to stop by charities to pick up a 50 pound box which would get them through that last week…
We all know that the recession was brutal.. But I did not know that by 2011 very few people were needing boxes and most of the charities cut back on handing them out and would only do them to order, at special requests. In 2011 and 2012, there simply was no need….
Then came the budget cuts.. Those brutal 60% cuts which not only put hunger back into the working people’s daily ritual, but laid off large numbers of grocery and retail store employees are causing tremendous hardship.
So whereas private sector jobs are growing, and unemployment is down, the need for food is not. One needs $50,000 in family income to stay self-efficient today. Anything less is hurting the economy and is draining some other resource from somewhere… Most often SNAP and Medicaid.
We need to realize that despite as much as we like their entertainment, we cannot afford Republicans.. But until we root out the prime cause, stingy people in power, we desperately need charities to fill the void. Please make some of your holiday money go to a cause that is probably the most important and most politically correct of a choice you could possibly make in this life…
Big thank you to the Riley family… ❤
Go here, click on the banner. and donate…
As we approach the new year, the clowns will begin dropping out and all begin to take a serious view over who can be our next president. By now a normal trend; it happens every four years.
The reason we have to put up with the clowns is because across all of America, there is gross disenchantment over the way things are. A gross enchantment so huge, that unifies both the extreme right and extreme left into a larger classification.
These two opposite sides actually have a common denominator. Both sides are both unhappy how the needs of real human beings are being trumped by those whom they have elected and trusted to serve them.
On the right it is the tea party types who are erroneously easy to dismiss as primitive forms of intelligence. On the left is its those who exhale in triplicate just to hear themselves breathe, usually with complaints regarding how good programs are not good enough to their liking.
Or so each are characterized by the other side’s talk radio hosts…..
But in reality, both have a deep love of the America they grew up under and see it slipping away by the minute. Both share the same vision that America needs to be great again, but simply differ on the approaches required to achieve that aim which can be characterized as such. The left believes we need to change somethings in our system of governing; the right believes we have to change individual people one by one.
The common enemy in both parties surprisingly is the bloc of moderates spanning both parties who compromise too freely against their parties values and who seem too prone to cater to business at the expense of individual constituent’s wishes and demands. Rather bizarrely, we three parties, if you include this business class in the middle of both and only when two of the three agree, does anything get accomplished.
In Delaware this is played out in the opt out movement where the Governor (business party) used his veto and the head of the House of Representatives (business party) shows no sign of bringing it up to be overturned.. Enough votes (Dems and Repubs) are present to do so, just little procedural matter is all that is now boxing up the two wings wishes…’
Nationally the same scenario is being played out in that all the candidates are the same except one. Only one candidate of either party is taking on corporate America. All the rest are fortressed and supported by Corporate America marking all the differences actually existing between them as petty and insignificant when compared to the pressing needs at hand.
No matter who is elected, we can have no real change over the next four years unless that one who is different and from Vermont, wins.
So despite all the banter our main stream media is giving us, (whose staff is primarily and pathetically reduced to snooping on Twitter and putting that up as “real news”), the real question emerging as voters begin to look seriously, needs to be: who will actually make that change that benefits me?
Only one. Right now only one candidate’s platform can make the huge changes required to wean America off its penchant for developing profits, and turn America back to work on developing its people. Which is what the extremes of both right and left believe need to be done.
Because behind all the arguments about trade, abortions, shootings, and economics, the real solution to making your life better, is to put more money into your pocket as well as the pockets of the rest of the 99%.,…
Because you really aren’t politically free, unless you are also economically free. For unless you can quit that job you don’t like, can’t stand, or hate, and quickly find another one, you are not free. If you have no choice but to work at that crumby job, you simply do not taste freedom.
Only one candidate’s platform will change that now; it requires raising taxes on the one percent.
According to Fortune estimates, on this planet global households together have amassed over $250 trillion in assets. The one percent now owns 50% of that which translates into their ownership of $125 trillion in net worth. If this net worth were conservatively earning 7% per year in interest ($17.5 trillion), and the capital gains tax were raised to 50% marginal levels only on this select group, it would pump a lost $8.5 trillion back into the economy per year.
This is money that could be spent on combating global warming. This is money that could be spent on making normal citizens earn more. This is money that could be spent on ending hunger world wide. This is money that could rejuvenate cities providing great future for ones youth. This is money that could be spent on education.
And this money is absolutely free.
For the $7.5 trillion taxed and reinvested through governments around the world will offer (at minimum) a 2:1 rate of investment, meaning that the $7.5 trillion taxed and spent will generate a yield a $15 trillion return on that investment. Which since the wealthy own one half of all wealth, this means they get to re-pocket $7.5 trillion which they just gave up. And if investment returns are higher, by ratios of 3, 4, 5, even 10, they make out big time. Win, win, win.
Right now, only one person says he will do this.
Compared to this sea change, none of the other little things matter. If that yearly $7.5 trillion dollars through increased economic activity, is averaged out to all the 7.5 billion of this planets dwellers (of course it won’t be), it actually gives every single person a $1000 dollar increase of money they get to keep… They will see it in two ways; one they will see part of it in expenses going down and part of it in salaries going up.
Only one person across both parties fields has the wisdom take on Wall Street now knowing that it gets more expensive to do so by each hour. OUT of all the candidates on both parties… ONLY ONE is not beholden to the interests of the top 1%.
You need to send him money, whether you’re a Republican or Democrat. Both party’s networks are thoroughly tainted by corporate money. But one person isn’t…
In 2002 we gave the top one percent a loan from the American people which was to make us all wealthier over time. They got their money, and kept it; we were polite and nice about asking for restitution. Apparently enough time has gone by, they think it is theres. Meaning, it’s now past time we called back our loan which we originally gave to the top 1% via the Bush Tax Cuts. …
All it takes is two sources of information… One was Ted Cruz’s rebuttal of Obama’s State of the Union where he castigated Obama for income inequality… His words: the top one percent earns one fifth of the national income…
Then, take the Bureau of Economic Analysis (BEA) revision in August 2014 for 2013 and it lists the national income for 2013 at $14.55 Trillion. For 2014 we shall just round our estimates up to $15 trillion.
So one fifth or 20% of $15 Trillion is $3 Trillion… The income of the top one percent is pegged now at $3 trillion per year. (reminder: this is income, not wealth. Income is taxible, wealth is not).
So here is the macro of what happens if we raise taxes on the top one percent…..
Raising 1% on $3 trillion returns $30 billion.
Raising 2% on $3 trillion returns $60 billion.
Raising 3% on $3 trillion returns $90 billion.
Raising 5% on $3 trillion returns $150 billion.
Raising 10% on $3 trillion returns $300 billion.
Raising 15% on $3 trillion returns $450 billion.
Raising 20% on $3 trillion returns $600 billion.
Raising 25% on $3 trillion returns $750 billion.
Raising 33% on $3 trillion returns $1 trillion to the middle class….
Romney payed 14%. So raising rates by the max would make his regular rate at 47%… Ronald Reagan cut the 1%’s taxes to 50% and was a hero… Our nation didn’t tube then… It certainly won’t tube on 3% less.
This is where you begin to see the damage behind the lie being told by Republicans. We don’t need to tax the one percent less. We need to tax them more… Just imagine if the one percent paid the same rate they did under Reagan, who they hold up as their hero … We’d have over a trillion extra dollars each year to spend on making our nation stronger … That is stolen money we should be spending upon ourselves, but can’t.
Instead, we are cutting back, cutting back, cutting back on all the essentials we need to live as a free nation…
Yet all we have to do,…. is tax the one percent a little more… It is so simple.. really.