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Since the rumblings that eventually became the Occupy Wall Street movement were heard, Republicans are feigning outrage and attempting to shame those who question the rigged system as lazy, envious and engaging in the “class warfare” Republicans themselves have inflicted on workers for generations. The true offenses have been committed against the workers who have simply been trying to live their lives in dignity despite the ruling class’ rapacious desire to exploit their lives for all they’re worth.
The fact is, the rich only whine about “class war” when the workers finally fight back. They know what they hoped the workers would never catch on to – that government policy as it stands primarily favors the rich and keeps the middle class and poor forever in the grips of their power.
And I love the armchair Constitutional scholars that associate deregulated Capitalism to anything Constitutional.
From the link...
Quote:
The idea that turning a nation’s economy over to “free market” corporatists is idiotic isn’t new. Thomas Jefferson laid it out in an 1816 letter to Samuel Kerchival.
“Those seeking profits,” Jefferson wrote, “were they given total freedom, would not be the ones to trust to keep government pure and our rights secure. Indeed, it has always been those seeking wealth who were the source of corruption in government. No other depositories of power have ever yet been found, which did not end in converting to their own profit the earnings of those committed to their charge.”
Interesting quote from President Jefferson. I work in accounting and also know the importance of checks and balances, especially necessary when dealing with capitalists.
Overall, right-wingers are sociopaths and extremely power-hungry. They see the middle and working classes as competitors for power and will do anything to destroy us. Their surge from 1981 to 2008 has hopefully been terminated. We have a centre-right president now who has taken positive action on unchecked medical costs, jobs, climate change. I would love him to help labour and to press gun reform after he kicks neocon butt on this budget battle.
What I don't understand is how and why they get elected? The GOP gets many poor and lower middle votes. They raise money from the same people they step on.
Ten years ago to the day, the government reversed one of the key elements of the Depression-era banking laws, knocking down the firewall between commercial banks, which take deposits and make loans, and investment banks, which underwrite securities. The repeal of the Glass-Steagall Act of 1933 was seen at the time as a way to help American banks grow larger and better compete on the world stage.
But 10 years ago, the revocation of Glass-Steagall drew few critics. In the House, 155 Democrats and 207 Republicans voted for the measure, while 51 Democrats, 5 Republicans and 1 independent opposed it. Fifteen members did not vote.
One of the leading voices of dissent was Senator Byron L. Dorgan, Democrat of North Dakota. He warned that reversing Glass-Steagall and implementing the Republican-backed Gramm-Leach-Bliley Act was a mistake whose repercussions would be felt in the future.
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