George Carlin- Lying Politicians Video - Very Funny
60George Carlin Lying Politicians Video - Very Funny
The Slow Death Of The Middle Class
President Obama has caved in. He agreed to the extension of the tax cuts, because the republicans threatened to let the extension of unemployment benefits for many of jobless to expire unless they got the extension on the tax cuts for the wealthy.
The tax cut for the wealthy was put in place when GW. Bush was president and was suppose to last for 10 years.
The republicans claimed that a tax cut for the wealthy and big corporations would lead to more jobs. Bullshit! Unemployment is at 10%. Wake up people. It didn't work then, it is not working now! They wanted to stop the extension on unemployment benefits and keep the tax cuts for the rich. This will help in what way?
The wealthy and big corporations give a lot of money to these people's campaign. I know I do not need to tell you why that is.
These big corporations outsource jobs to other countries. Like Asia and India because they work for less, putting more money in their pockets.
The middle working class is no longer needed by The United Corporations of America. Since wage rates are lower outside the US most companies base their operations outside the US.
List of some companies outsourcing jobs
How about if we start outsourcing CEO jobs$ How long do you think that idea would fly?
The biggest hurtles affecting the middle class? Free market ideology, a variety of practices to drive down the cost of labor, destruction of the union movement to encouragement of immigration both legal and illegal. The promotion that the idea that democratic institutions are an aberration.
More tax cuts for the rich? More tax incentives for corporate manufacturing companies to ship more jobs over seas? Then private equity firms( like the one Mitt Romney used to run) can buy more American businesses, over run them with dept, dismantle them, sell the manufacturing rights for products to Asian companies.
Businesses deduct their workers compensation as a business expense. So say that the business has an income tax rate of 20%, then 80% of that compensation comes off the business's bottom, but if the business has a 35% marginal tax rate, then only 65% of that net cost of compensation is paid by the business.
Doesn't it seem like, if you want businesses to hire people you would raise taxes, not lower them.
The richest of the rich especially the Trans-national corporations with No allegiance to the United States will hoard their money or try and hide it in off-shore tax shelters. They will use their immense influence over the political system to bring about a series of deregulatory legislation that will completely dissolve any oversight, while they gamble with trillions of dollars on the stock market.
PLUTOCRACY
Permanently end tax breaks to companies that ship jobs overseas. Give it to the companies that create jobs in the US.
There should be a import tariff fee, so outsourcing companies will be discouraged from trying to sell the products back to the US. at slave labor prices.
I know what you are thinking, come on give the rich the tax cuts. Who wants some whinny ex-rich person standing in the unemployment line behind them.
I do not claim to be the sharpest tool in the shed when it comes to politics, but after doing a lot of reading and researching on this subject this is about as close as I could come to how I feel. The middle class will soon be gone. There will be just the poor and the rich.
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Microsoft is one of the companies that outsources.
Middle class business has little money, but the big businesses are the ones that get all the tax cuts, not the little guy.
Thank you for your opinion and comment.
That is why I wrote Tax Cuts For The Rich Does It Work. I think we should all be educated on this matter.
Every opinion counts.
Very well written and to the point. I don't know why President Obama caved on letting the $250,000 and over Bush tax cuts expire. It's a political winner and the right thing to do. I would also like to hear from the silent Tea Partiers who espouse balancing the budget and shrinking government as their main tenets. This deal explodes that myth. I hope President Obama and the Democrats have the courage in 2 years to let them expire but I severely doubt it. You are also right that the GOP establishment is pandering to the corporations who are now allowed to contribute to the GOP without limits and anonymously after that insane Supreme Court decision. I feel corporate America now has carte blanche to do as they wish. Great Hub.
This is far more complex than any 500 word hub could condense it to. I see alot of bashing of the right as though conservatives are the enemy. I did not see any mention of the collapse of the housing bubble, or the gross mismanagement of Fannie and Freddie under Barney Frank's watchful eye. Wall street was a big part of the problem. How many fiscal conservatives do you think there are among those fat cats? If you don't think out of control spending is part of the problem try making that work in the average household.
I've never gotten a job from a poor person. If the tax rate for the rich rises to the Clinton era levels, do you think that less money in the pockets of the rich will create more jobs? After careful scrutiny of the facts, I have concluded that the right is proposing the best policies for economic growth.
On matters that have to do with faith, I believe we are closely aligned, I would have kept silent on this, but it is something I follow closely and I see it differently. If not tfor the bashing of the right and the tea party in particular, I would have remained silent.
With the greatest of respect, and hope that we remain united in faith I push the post comment button.
There were more jobs when Clinton was president. GW.Bush was the one that started the tax cuts for the rich and we have been losing jobs and companies to overseas and outsourcing ever since!
It wasn't just Barney Frank. It was Citi Bank, Bank of America and others and those banks got bailed out from our government!Even foreign banks got bailed out. Who was watching the banks and insurance companies?
But that is getting off track, the topic of the hub was should the rich get these tax cuts?
Fred thank you for sharing your comment.
It is still freedom of speech. Right?
It may be that we still have freedom of speech,but how soon 'they' forget.When Bill Clinton left office we had a surplus,when Bush left office we had a deficit of trillions,plus an unholy war started on lies and greed for oil.God will not be mocked,there will be a day of reckoning.God Bless you for writing this important hub.
God Bless
always, the government and big corporations and rich companies have gotten tooo big. We middle class will be all jobless and homeless if nothing is done to stop them. America runs on the backs of the middle class, for what, to hand it all to the rich!
Thank you for stopping by
I think your hub is on the right track. "Trickle Down" theories have been proven wrong. It's not that they do not work (they do), it is that they do not have a large scale affect like Republicans want you to believe they do. The overall affect of 'trickle down' is too small to make a big enough impact in the economy.
Remember, it was actually Republican Conservatives that first bashed trick down economics as "VooDoo economics"
Want to help businesses? Simplify the tax code. Raise tarrifs on offshore production of goods. Give tax breaks for new jobs created in America, etc
Thank you for your gracious reply. What I am finding out is the more informed I become, the more confused I get. Is it trickle down economics or the Robin Hood method of taking from the rich and giving to the poor that works best for our economy? Rather than engage in a divisive debate, I will agree to disagree. There are matters that are even more important than our economy or our political leanings that we do wholeheartedly agree on. Thank you for having the grace to publish my first comment. I pray God's richest blessings upon you during this Christmas season and beyond.
fred, thank you for coming back. This is a learning thing for me too. I like to hear what others have to say.
GO ROBIN HOOD!!!
LRC, thank you for your comments. I see we think alike.
Thanks for a very important and interesting, well-done article, Great2BU!
I strongly dislike controversial "discussion" but this is showing a good kind of "reasoning together" which, to me, is the hallmark of hope for improvement. If I may add my concerns . . .
What bothers me about the Obama criticism is that from day one, a deliberate & concerted campaign worked wholeheartedly to thwart him so that his major campaign platforms were eroded before he had a chance to organize them in his administration which already was nearly overwhelmed with inherited horrendous ongoing problems while blame for them was twisted to reflect on his brand-new administration. An opposition leader even boasted that he wanted to see the new President fail! Wow. He should cry.
In any major sports event, a "loser" who would dare to set about bad-mouthing, undermining and trying to discredit the winner in the manner done from January 2009 till the recent mid-term election would be booed for terrible sportsmanship.
Here, though, it is much more devastating in showing scant regard for the welfare of the people it tries to claim are being neglected or hurt; this, while the same decrying systematically undermines what our elected President could be able to accomplish. Effort to make him less effective than could surely have been possible with even a modicum of cooperation from his distractors show less than honest concern and consideration for "the American People" whom they constantly name as victims of what is going on. That part is probably true, but the blame-fixing is amiss.
It has created a kind of political blackmail so that the only choice is compromise, whether or not its merits are real or acceptable.
It has been so obvious, I wonder that it's not super-apparent TO the American People that they've been shamelessly treated as pawns similarly to young children in a bad divorce. But President Obama has too much class to mention it . I suppose he respects people enough to hope that it is abundantly self-evident & impossible to miss. It certainly seems glaringly obvious to me.
It would almost be justice for them now to have to try to fix it all, except that I don't wish any more problems on our government in these near-disaster times in which WE are ALL living and feeling the effects of it.
This political three-ring circus is both palatable and pitiable. (Them, Us, and the People). What needs to be done is for leaders to really act for the best interests of our country and the citizens to be alert and aware of what is actually transpiring. We are NOT young chidren, but adults who must take responsibility for our choices and actions.
The country is losing its grip over our own economy and handing over controlling reigns to foreign powers who are up-front about hoping we fail in a similar way as that aforementioned wish for a new President fairly elected to lead.
ps - I came over here on the invitation to see George Carlin's video. But I wanted to read your hub first and then I replied to it. Went back up and watched Carlin. As usual, he is so accurate and so funny!! I enjoyed it thoroughly and especially how he includes ALL politicians in his sites, which is surely realistic. Being too devoted to any politician so that one fails to pay close attention, being aware and alert is surely a mistake.
We elect these people (or we're lulled into thinking we do) - now, we need to ask - what are they actually DOING. Not slinging mud if we are disappointed, but "examining what one has set into motion), being responsible citizens, not just rabid party-supporters.
We are becoming far too used to being controlled by hype and subtle advertising which can make us want to use a medication for a slight problem which has side effects up to & including fatality. So long as those side effects are mentioned offhandedly in the same syrupy tones as the reasons to use it, we buy into it, evidently - otherwise they'd change this M.O. It works! We're so oblivious! So we let ourselves be fooled or deluded every day and politicians are aware of this advantage for use for their own agendas.
Unfortunately, this is a case of the Republicans taking the President and Democrats hostage to ensure that the rich continue to receive their tax breaks. But, the only people that would get hurt by NOT extending this tax deal would be the middle class and unemployed. The rich will always find ways to wriggle out of paying taxes... that's one of the reasons they're rich in the first place. Very well done gr82bme... Thanks!!!
Nelli, great comment. Why don't we all agree not to vote at all. What would happen then. How about a march? I can make it
Jai, thank you for commenting. I think we(middle class) are tired of all the bull.
Great2BU - - I really can see no advantage in not voting. A default would be declared and then they'd call up some obsure ruling so they could just decide without our vote or else the few votes cast would determine it, since there would be no possibility of all agreeing to not vote. Maybe refusing to pay taxes would get their attention. They do love that money coming in and no one really loves paying taxes! That might work. Besides no one will need to worry about that anyway once no one earns anything . . . . The wealthy are already hardly having to pay any proportionately. . . . .
you have to be kidding if you think giving tax cuts to the wealthy are going to help your economy. i love this hub because it speaks the truth. the wealthy got this way not by creating jobs but by taking more and more from the people who work for them. if a government wants to create jobs, the wealthy aren't the ones to help out. the new trend for the wealthy is to out-sourse jobs overseas , so how is this helping? give an average person a chance and they will create 5 jobs without out-soursing. each single person that starts a small company will in turn create not only jobs but they will show others that it can be done. go ahead and keep helping out the wealthy but just look at the economy in the U.S. and you will see that these silly ideas are not only hurting the country but they are also deviding the gap between middle class and the rich.
Nelli, thank you for coming back and commenting.
A summary which I can think of would be the rich becomes richer, the middle-class remains in the middle class. Now, where's the crust?
nightwork, thank you so much for your comment. I am no politician or well educated person. This is just the opinion of a middle class trying to survive.
gr8, excellent hub and comments. i follow another hub writer because it gives the conservative view. my concern there is that the comments seem to be fueled by a personal animus toward obama which colors their views of his policies. i find it odd that the gop or part of it are able to convince people to vote and support policies against their own interests.
who will pay for the tax break for the wealthy? obviously we will, yet many are for the breaks simply because obama and liberals are against them.
during the eisenhower admin. the high tax rate was 92%. it didn't hurt the wealthy then, and a 4% raise to 39% won't hurt them now. they can still cut jobs in their businesses, outsource, and avoid taxes as they have been.
it's the american way.
sam, thank you so much for reading and leaving a great comment
F*** the rich. The only time they give to anything is if it will benefit them. Like a Tax break
Gery, LOL. I think many feel this way
I am so sick. i live in PA. and they are talking about making cuts in our education programs. Are they dumb or what. We need smarter people to run this country.
Sherry, with the cuts to the budget and education programs I do not think that is going to happen.
The rich get richer and the poor get poorer
Sherry, you go girl!
George Carlin was always one of my favorite comedians. He said so much politically and turned it into funny stuff with deeper meaning.
Peg, you are so right. When I was younger I thought he was an asshole. Now I have to agree with much he says
Thank you for the visit
Tina
Great read. When Obama went into office, there was a site created with the intent of the public voice to be heard and passed to the front of the line to address major issues regarding everyone's concerns. I had posted what I believed to be a very thoughtful approach to raising the bottom rung to fuel the economy. Sadly, it was forever lost in the mayhem.
I've since worked on the concept and have started hubbing it with hopes that it raises some actual action in the right direction. How it relates to your hub is thus - if they want to go easy on the rich, have them do something for the poor and make it be a real impact - then they can have their tax incentives to balance out their tax cuts.
On a lighter note, I loved Carlin and always will, he sure knew what he was talking about.
- Chris
Chris, is is great to know others really do give a rats ass. Glad you stopped by. I will check out your hubs
Thanks
Tina
eovery 17 months ago
The rich reinvest their money. They do not hoard in their mattresses. Bill Gates money is tied up in shares of his empire, Microsoft. If Microsoft went belly up, Bill Gates would not be that rich. Bill Gates investment into his company creates more jobs and growth.
Most of these rich millionaires/billionaires money is tied up in their businesses too. They know money sitting in a banking account loses money due to the low interest rates and the inflation rate. The invest it back into areas that they know to make money, which is usually their own business.
Businesses have very little capital, and for those who do not understand this, it is working money to invest. With the tax increase, they will do what they need to be profitable and to keep their doors open. If this is laying off people, they will lay them off. It is better to be able to keep some people working than to lose the whole business and everyone losses their jobs.
Keep on hubbing!
Keep on hubbing!