It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Americans, particularly ones from the middle class, need to realize that there are no core entitlements imparted by their government representatives, nor any other sources. They have none and should adjust their expectations accordingly.
If the U.S. populace somehow imagines that its members are viewed any differently than any other populations across the world that are used to produce maximal profits for the top economic class, there’s a rude awakening in store ahead. Further, most legislators simply do not care whether middle and lower class interests are or aren’t well served as long as they, themselves, can somehow make out well in the times ahead.
Besides, why should any Americans feel that they deserve to be treated more favorably by the transnational moneyed elites and their government backers than their counterparts across the rest of the world? As A. H. Bill reminds: “The richest 225 people in the world today control more wealth than the poorest 2.5 billion people. And… the three richest people in the world control more wealth than the poorest 48 nations.”
Occasionally someone making a staggering amount of money in a crooked sort of way might raise a few officials’ eyebrows or induce a mild reprimand. In addition, he might, occasionally, be singled out as the token fall guy so as to be made into a warning example as was Bernie Madoff. Most of the time, though, no action is usually undertaken to correct the situation when directors of major companies carry out activities that are, obviously, right on or over the edge of fraudulent practices.......
Originally posted by elfie
The article is breathtaking in it's scope. I have been concerned about the dissolution of our middle class as the trend has continued over the past 10 years. Tax breaks for the extremely wealthy combined with little oversight for out and out fraud (income funneled to unreported overseas accounts) furthers the shift of the bulk of wealth towards the top few.
If 27+ million Americans (over 1/12th of the population) live in sufficient poverty to qualify for food assistance (gross income less than $28,000 yearly for a family of four, provided they have few assets) it becomes overly apparent that something in our system seriously needs reining in.
If health care reform is not attained I shudder to think of the consequences. Raising the tax rates of the wealthiest among us to pay for it wouldn't even put a dent in the disparity between the incomes of the wealthiest and the rest of the population. It's quite shocking, really. You really have to ask yourself who the absence of a public option for health care affects the most.
Originally posted by VinceP1974
Even if you taxed everyone making over 500,000 at some very high unrealistic tax rate, you wouldn't even be able to make up for the budget deficit imbalance.
"Taxing the rich" isnt' going to solve anyone's Marxist redistribution dreams.
Originally posted by THX-1138
This all sounds like whining to me.
You should be concerned with learning to make more money, not trying to pull down the winners.
The idea that ~everybody~ deserves a free ride is bogus.