Re: ‘Tea Party’ Comments Force NPR Resignation
Many people believe we have outgrown our need for New Deal agencies like the SEC, yet the Wall St. disasters of the bush years that destroyed peoples' retirement and or life savings happened because of a rider inserted in a budget bill by Senator Dick Armey (Republican, Texas) that prohibited the SEC from overseeing exactly the kind of "investments" (fraud) undertaken by Wall St. for the precise purpose of stealing billions upon billions of dollars. Many people innocently almost sweetly believe we have outgrown our need for the FDA, yet every few months we see a story about botulism poisoning or salmonella or some other horrible poison in the food and it stops only because the FDA is there to stop it, not from any action by manufacturers, or the dynamics of the marketplace. In the age of swine flu or bird flu or just plain old flu is it really wise to cut funding for the CDC just to save already wealthy billionaires a few more dollars on their taxes? Where is the sense? Money only has value because of what you can do with it. If billionaires get to hold on to more of it, it goes into Swiss banks and finances development in 3rd world countries and that means more jobs leaving the US and going to those 3rd world countries. Why is that a good idea? Why not tax them the same rate they paid under President Clinton and get not only all these good services we need (SEC, FDA, CDC, etc) but employment right here in the USA and all those payrolls being spent here rather than in Indonesia. It seems so obvious. A billionaire buys 3 or 4 yachts, he employs 100 maids and sailors and chauffeurs and chefs and armed guards, good for them! Yet wouldn't it be better to have, say, 100 accountants examining the books on Wall St, stopping the criminals from stealing your life savings? Or finding a vaccine against some virus that can turn you into a pile of bleeding meat? What will be will be. If America can figure this out, figure out to start taxing the rich again, it has some chance of continuing. If not, it will continue decaying, less education, lower incomes, lower living scales, poverty for the vast majority, it will be like what India and China have been struggling to get away from.
The country was wealthy and at peace and with surpluses as far as the eye could see under elected President Bill Clinton. It did well under elected President Eisenhower, too, those were the golden years, when America had strong unions and high wages and people (again I say) could afford their own homes, to send their kids to college, medical care, and comfortable retirements, unlike today, when all that money has been taken by billionaires.
Many people believe we have outgrown our need for New Deal agencies like the SEC, yet the Wall St. disasters of the bush years that destroyed peoples' retirement and or life savings happened because of a rider inserted in a budget bill by Senator Dick Armey (Republican, Texas) that prohibited the SEC from overseeing exactly the kind of "investments" (fraud) undertaken by Wall St. for the precise purpose of stealing billions upon billions of dollars. Many people innocently almost sweetly believe we have outgrown our need for the FDA, yet every few months we see a story about botulism poisoning or salmonella or some other horrible poison in the food and it stops only because the FDA is there to stop it, not from any action by manufacturers, or the dynamics of the marketplace. In the age of swine flu or bird flu or just plain old flu is it really wise to cut funding for the CDC just to save already wealthy billionaires a few more dollars on their taxes? Where is the sense? Money only has value because of what you can do with it. If billionaires get to hold on to more of it, it goes into Swiss banks and finances development in 3rd world countries and that means more jobs leaving the US and going to those 3rd world countries. Why is that a good idea? Why not tax them the same rate they paid under President Clinton and get not only all these good services we need (SEC, FDA, CDC, etc) but employment right here in the USA and all those payrolls being spent here rather than in Indonesia. It seems so obvious. A billionaire buys 3 or 4 yachts, he employs 100 maids and sailors and chauffeurs and chefs and armed guards, good for them! Yet wouldn't it be better to have, say, 100 accountants examining the books on Wall St, stopping the criminals from stealing your life savings? Or finding a vaccine against some virus that can turn you into a pile of bleeding meat? What will be will be. If America can figure this out, figure out to start taxing the rich again, it has some chance of continuing. If not, it will continue decaying, less education, lower incomes, lower living scales, poverty for the vast majority, it will be like what India and China have been struggling to get away from.
The country was wealthy and at peace and with surpluses as far as the eye could see under elected President Bill Clinton. It did well under elected President Eisenhower, too, those were the golden years, when America had strong unions and high wages and people (again I say) could afford their own homes, to send their kids to college, medical care, and comfortable retirements, unlike today, when all that money has been taken by billionaires.
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