>    What I find simply amazing is the lie that seems to be a recurring theme throughout American History. We’re fed the delusion that lowering the tax rate on the rich will some how  coerce  these high earners into creating jobs. We’re told to believe this absurdity that if they have more money they’ll be more willing hire and create new competitions.

    Of course that’s nothing but nonsense that just sounds good to people who know little about how economics work. The fact of this matter is that the middle and lower classes both create and consume the jobs. How? The middle class creates the demand for a product or service and the owner then responds by creating jobs in order to meet that demand. These people having more money has little to do with the creation of jobs and the reality is , jobs are created by smaller moderate profit companies.

    In 1922 under President Warren Harding(Republican) the tax rate on top earners began to go down and by 1925 under President Calvin Coolidge and 69th Congress(Republican) the tax rate on top earners dropped from 46% to 25%. This was one of the leading causes of the “Roaring Twenties” ,which in simple terms was economic bubble that ultimately popped when it was painfully seen that demand for products and services were non-existent as most of the money had gone to the top 2% of the country.

      In 1933 During the first 100 Days of Franklin Roosevelt’s term the tax rate on High Earners increased to 63%. In the Next few years sweeping legislation such as The Glass–Steagall Act , Robinson–Patman Act , and Fair Labor Standards Act of 1938 were passed. 


  In 1941 The United States entered World War II accelerating the recovery because we now had a Minimum wage , the right to unionize, and regulation on the businesses that caused most of the problem. America Thrived for a few decades with a strong middle class


Chart illustrates Historical tax rates (Source)

     Fast forward to 1981 under President Ronald Reagan the tax rate is reduced to less than 70% for the first time since 1938 and by 1988 it takes a dive to below 30%. This inevitably starts the same kind of reaction we had in the 1920’s where businesses grew at an exponential rate while wages remained stagnant and the cost of living increased. They still however had those pesky regulations holding back profits and in 1999 The Glass–Steagall Act was repealed and now in 2011 rights of unions are under attack and we stand with a potential budget deal that brings the tax rate back to 1929.

Where can it go from here?

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  I find amount of stupidity surrounding discussions about president Obama’s Birth Certificate amazing. In response I’ve decided to pull former President Reagan’s Birth Certificate to see if the same “logic” can be applied to Reagan’s birth certificate.

I’ve noticed a few things about this document that could be used as “proof” in the same way they use their “proof”.

1. There is no raised seal indicating that the document was notarized by the state.

2. As anyone can clearly see the witness signed the date 1942. Reagan was allegedly born in 1911. Where is the real one? If it even existed

3. At the bottom is the date issued which reads June 20, 1991. Why did Reagan not present proof of his birth until 10 years after he assumed the Presidency?

  Apparently this is enough “proof” to conclude that Reagan may have been illegitimate. We should push this issue and have every disgusting bill he signed voided. Conservatives need to prove he was born in the United States.

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Mark Warner Democrat from Virginia

Mark Warner on “Face the Nation” stated that the supposed “Bipartisan Gang of six” will refuse to look into raising taxes but will take a look at Social Security.




“We’re going to make everybody mad with our approach“because we’re touching every part of the problem all the entitlement programs, looking at how you make Social Security more sustainable.”

http://cnettv.cnet.com/av/video/cbsnews/atlantis2/cbsnews_player_embed.swf

Just who is “everybody” Mr. Warner? From this angle it looks like you’re willing to throw workers under the bus in order to protect the corporate and wealthy tax cuts and loop holes.


Warner’s Rationale for a possible attack on Social Security is this


” There are 16 workers for every one retiree 50 years ago, three workers for every retiree now.”


This of course is an old tired Conservative talking point that is highly deceptive and proven absurdity. The Numbers they use reflect the rates from around 1950 to 1951. These numbers are in fact a statistical anomaly which resulted from an influx of new people into the program. In fact by 1955 that number was cut in half and by 1975 the rate was at it’s current number. The fact is even a 2:1 ratio is sustainable so long as the economy either remains stable or is growing. Isn’t it amazing how the ratio has been about the same for around forty years and the program hasn’t yet failed to supply adequate benefits? Mark Warner should know better than to spread such absurdity. This is another corporate point in the ultimate attempt to privatize and take possession of Social Security and Medicare.

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As I stated in another post Republicans will NOT allow the US to default because the day after the US Defaults on it’s debt Wall Street would cease to exist. The default would destroy the assets of the major banks sending Wells Fargo , Bank Of America and the rest into bankruptcy. The shareholders of the Wall Street banks would be wiped out and their top executives jobless. If you believe the Republicans would allow their biggest donors be destroyed in such a way you’ve not been paying attention.

Sen. John Cornyn (R-Texas) said the following on the 10th

“I think we have more leverage on the debt ceiling,Because unless  51 Democrats want to vote to raise the debt ceiling and all the Republicans vote against it, they’re going to have to give us something in the way of a systemic reform.”

  The goal here is to scare congressional Democrats into making absurd concessions like they’ve been doing for the last three years. When are Democrats going to wake up and realize that Republicans don’t have a good hand they simply have a damn good poker face? It’s time Democrats call their bluff and simply allow them to look like the hypocrites they are.

  Isn’t it amazing that after holding out to the very last second Republicans ended up voting on the original deal concerning a possible Government shut down? In fact Democrats didn’t need to concede the 38 Billion. Top Republicans had absolutely no intention of allowing a government shut down just like they will not be caught not voting to raise the debt ceiling.

>Apparently The Video we uploaded went on to spread before we had a chance to write about it.

DVD sent to stores

In October 2010 Corporate office sent this DVD to all American stores and required the stores to show all associates this Video.


As evidence these meetings were held (beyond what every employee can tell you) I’d also like to provide  an HTML file taken from Home Depot’s Internal associate network called “the Warehouse” where a few employees express concerns about the meeting . While I’m sure no one will deny or doubt the meetings I simply want to provide all the information I was given.


It’s been converted to a PDF format with names blacked out to protect innocent workers. 


PDF FILE(Changed host works again 4/18 seeking private server it WILL stay public)

(4/22 Video is up again)
http://www.myvideo.de/movie/8106237
Antifackliga lögn – MyVideo