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Progressive Americans for Justice

Income Inequality, the National Debt and our Economic Crisis.

Politicians have shaped the national discourse to blame moochers, government spending, government regulations, and "entitlements" for our economic crisis. Join a discussion led by noted lecturer, Ed Cole, as we explore the root cause of the economic issues of our time, income/wealth inequality and the national debt furor. The discussion will draw from the Joseph Stiglitz book, “The Price of Inequality”. Learn how Stiglitz, a Noble Prize winning economist, views the issues. Join us even if you have not read the book as key points will be explained and discussed.

The South Suburban MoveOn Council will host this teach-in concerning income inequality and the national debt on Tuesday, March 12, 7-8:30 pm at the Frankfort Public Library, 21119 S Pfeiffer Rd., Frankfort, IL 60423

Space is limited-to sign up click:
http://pol.moveon.org/event/progressivecommunitybuild/137608

Hernendo RevolveR

1:12 am on Wednesday, March 6, 2013

Let me see if I got this right. Moveon.org, which is funded by one of the wealthiest anti-Americans in the world is having a teach-in to tell the sheeple that moveon.org preys upon how bad they have it? Wow. Talk about gullible!

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BUTCH

6:38 am on Wednesday, March 6, 2013

The accompanying book should be Frank Rich "lipstick on a Elephant"
Hernando has come out of his hideaway and does not know the wealthiest Americans live here in the USA, the one's who he makes snarky comments of and tries to pass off as Americans are Murkan mega Corp CEO that loot the treasury and SSA-medicare trust funds,,are tax avoiders, dead beats,flag wavers who need a constant flow of cannon fodder to fight their wars for drugs-terror and ammo land! they are the welfare Queens like Sheldon Adelson, TWIT ROBME the citizens of the Cayman islands, Macau which is in Bainland China, go back to HERNANDO'S HIDEAWAY for a tuneup in GOP talking points by dummies!

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Genvieve LaChappele

9:18 am on Wednesday, March 6, 2013

Hernendo does have a point. George Soros does pump millions into move on.org
When the Koch brothers pump money into organizations it is bad. When democrats like soros or independents like mayor bloomberg it is ok.

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BUTCH

11:49 am on Wednesday, March 6, 2013

no it is not get all money out of elections but if Roger Ailes and Fox want to be a major player in the process and buy up the entire media like this was Italy then we need Soros or anyone that can have a different point than the Oligarchs and slavers from BAINLAND CHINA.it is only a small breeze while Fox and the drugster are a Hurricane force!

Genvieve LaChappele

4:30 pm on Wednesday, March 6, 2013

butch, you should be happy about the media today. CBS NBC CNN ABC MSNBC and PBS are all on your side. Fox is the only one on the other side.

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BUTCH

9:10 pm on Wednesday, March 6, 2013

yer kidding thanks I ONLY watch ANIMAL, NAT GEO, History and BBC and SHOWTIME! U forgot the christian Charlatans begging TV - radio is 100% tparty and fundy, outside of a a few Big cities all U GET IF U DO NOT HAVE SATELLITE is CLEAR CHANNEL-(BAIN FOX) WHEN I 'm the road the only TV program in bars and restaurants is FOX, the only program on the radio is RUSH and RUSH RERUNS so much for the war on drugs!

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Genvieve LaChappele

7:01 am on Thursday, March 7, 2013

If they are so powerful then why did the President get reelected?

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Chronicles of Bob

8:06 am on Thursday, March 7, 2013

Because the majority of Americans are not that stupid.

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Bob

1:06 pm on Thursday, March 7, 2013

Nope, just stupid enough to re-elect someone who's "led" the country to it worst recession recovery in history, destroyed and made much more expensive what WAS th top health care system in the world which 85% of the people were satisfied with, and who's pushed more debt red ink on future generations than ALL THE PREVIOUS PRESIDENTS COMBINED IN JUST ONE TERM!
As Forrest Gump's Momma said, "Stupid is as stupid does". Electing Barry pretty much puts the most of the electorate in that category!

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Chronicles of Bob

1:50 pm on Thursday, March 7, 2013

No bob... wrong as usual... and like your other post... yes, its all the young peoples fault, the dumb electorate and all of thise single parents... your such egotistical, sexist, racist and pathetic old man... however, you are entertaining... so you have that going for you.

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Tired of the B.S.

4:20 pm on Thursday, March 7, 2013

COB,
Sorry, but you are wrong.
The majority of Americans are stupid, they are stupid enough to keep re-electing the same career politicians over and over. The same people that have made this mess, keep making it worse and the majority of Americans keep putting them back in office.
The stupid people even re-elected Jesse Jackson Jr along with your hero Obama.
Now call me racist and pathetic but it won't change the stupidity of the people that vote these idiots into office again and again.

Phil Zaczek

7:40 am on Thursday, March 7, 2013

People who work harder do tend to make more money......Duh

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Chronicles of Bob

8:07 am on Thursday, March 7, 2013

Your assumption has many flaws.

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OakLawnGuy

1:56 pm on Thursday, March 7, 2013

People who work smarter make more money, not people who work harder.

Frank Stein

10:20 am on Thursday, March 7, 2013

Isn't the point of the article that the income gap is growing obscenely large. And why is that ? At what point do we stop coddling the rich and use common sense. The middle class is gone. Its not because they're lazy.
I'm old enough to remember when you could get a job at a company at a fair wage and with benefits. Now the jobs don't pay a fair wage, bitch about benefits while the owners and management pay themselves huge bonuses. And get tax breaks when they threaten to move their business
And the ironic thing is most of the schmucks that are on here defending these income gaps are too stupid to realize they are getting downsized and hurt. Instead the listen to Limbaugh or Faux news and believe the b.s. that Obama is some militant socialist wanting to turn Merica into a socialist Utopia where every minority just wants to sit around and suck off the govt teet.
Trickle down economics was a fraud, Reagan was an evil man and this country has become a joke. Its all about greed and stupid people who listen to right wing radio/TV and believe the lies. Wake the hell up people, if you're struggling, don't blame the poor trying to just survive. Blame the greedy who control the congress and have made this income gap

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Frank Stein

10:35 am on Thursday, March 7, 2013

The prime example of this is WALMART. The Walton family is what, three of the ten richest people in America ? But a WalMart worker with a kid gets no benefits and needs food stamps just to eek out a miserable existence.
Thats not fair. Thats what Merica has become. That is why Obama was elected. And thats why Congress is fighting everything he does. They're bought and paid for by big corps to ensure they continue to make more money.
I thought we were a Christian nation that cared about our fellow man.

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Karen

12:19 pm on Thursday, March 7, 2013

Hugh - You need to be elected the Voice of Reason. I always love to point out a special called "The CostCo Craze" it aired on CNBC a while back. Shows the CEO who paid himself $500k a year (which was more than he needed) in order to pay his employees a living wage and have low turnover. A lot of people will argue these jobs shouldn't be long term, but I ask why not? If you love your job and are good at it, why not keep it? What is wrong with taking pride in a job?

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Bob

1:17 pm on Thursday, March 7, 2013

Hugh, since Obama's work isn't complete in destroying America yet, this is still the place where you only need to do four things to be successful; study hard, work hard, save hard, and invest smart.

Oh, there is one other thing. Don't make babies until you're married and in a relationship where your mate has you and the family their priority over their selfish interests.

The days of dropping out of high school and getting a construction or factory job that pays like a professional career are pretty much over. They're never coming back.

The challenge to our society is convincing our young not to create single parent families, study for professions that our economy needs, and WILL need for the next few decades, and figure out how the free enterprise system works and get as much of the governmental obstacles for entrepreneurship out of the way so that everybody in our society can be successful.

This shouldn't be a "liberal' or "conservative" issue. The income and wealth gap is growing because too many in our society aren't provided with sufficient motivation, or information, to do the above things.

Solve the "economic ignorance" gap and you'll solve the "wealth gap"!

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Juvenal

1:25 pm on Thursday, March 7, 2013

Costco has 160,000 employees. The CEO paying himself $500k instead of , say $10 million would allow for each of those employees to earn an extra $62.50 a year on average, maybe 5 or 6 cents an hour more. The Walton family is rich because of the value of the company itself, not the siphoning of its profits. Anyone is free to buy stock in Wal-mart and get some of those profits too......

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Stuart Kurtz

9:16 am on Friday, March 8, 2013

Juvenal, you're missing the point (perhaps intentionally) that the compression of the Costco salary scale doesn't begin and end with the CEO. There are 31(!) individuals at Costco whose titles are President, or Senior or Executive Vice President. [Walmart has 38.] One assumes that this platoon of Senior executives is augmented by a company of ordinary VPs and a regiment of middle-managers, all of whom buy into the culture of Costco, and make less than their peers at Walmart, so that Costco can pay its cashiers an average of $16.28/hr vs. Walmart's $8.55/hr.

Juvenal

1:19 pm on Thursday, March 7, 2013

The problem is not political. Globalization has greatly raised the living standards of the third world. But it means that our unskilled and semiskilled workers now compete with unskilled and semiskilled workers everywhere, which drags down wages. In this economy you need to have skills, or else you have bought a 1 way ticket to the third world....

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Bob

11:58 pm on Thursday, March 7, 2013

Juvenal, I heard the other day that worldwide poverty, defined as not having sufficient resources to avoid starving, NOT the US standard of only having one car and one flat screen TV, has decreased by80% since 1970. China canning communisim and embracing entrepreneurship and free market capitalism was perhaps the greatest cause for this improvement.

In our global economy, if you only achieved third world educational levels, as is the case of about 75% of those attending Chicago Public schools, you deserve, and earn, a third world lifestyle.

The opportunities here are beyond the dreams of most of those in the Soviet Union and China, but the "poor" here choose to make bad choices and not make use of the opportunities we provide.

Accountability is a b*tch!

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Stuart Kurtz

9:00 am on Friday, March 8, 2013

Juvenal, I mostly agree, at least at the level of advice that I've given my children: invest in yourself by learning valuable skills, and work hard, because the best employment insurance you'll ever have is in giving consistently more value to your employer than you receive in compensation.

But there is a political problem here, too. Money serves two related purposes in society: it's a means for allocating the stuff that our economy produces, and it's a means for mobilizing labor so that more stuff gets made. The dynamic of the status quo (increasing concentration of wealth) has reached a point where the mobilization of labor is inefficient, and so there's less stuff to allocate than there could be. I believe that if we want a stable society, there needs to be a realistic path for essentially everyone to an honorable self-sufficiency. That we don't have that today is a political problem.

BUTCH

1:59 pm on Thursday, March 7, 2013

In this economy" Corp are people too my friend" Globalization is as political as Vampire Capitalism is slave-child labor my friend, Obama is the best Capitalist the GOP BANKSTERS right now but for the future it will be a different matter, as the horrors of pollution in the air and water are forcing the BAINLAND manufacturing to a new paradigm.
The reason that Iran does not refine oil to gas is they have a thing about killing themselves by pollution the same reason the KOCH want to refine in TEXASS and pollute down wind in UTAH and YELLOWSTONE RATHER than adding to the low quality of air in Peking etc.The down winders everywhere are the greatest defenders of those that are killing them,( it is drinking the Kool Aid)
The truth is unregulated poison air-water - Capitalism is forcing the RED ARMY to reevaluate their relationship with BAIN which are looking to the 4th world in ? to kill the Planet.

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BUTCH

2:01 pm on Thursday, March 7, 2013

The CEO of Costco is pushing for a $10 min wage! My where will it end? This is horrific!

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BUTCH

2:04 pm on Thursday, March 7, 2013

@Hugh--onward Christian soldiers eh great post one correction it is MURKA not merika but I can live with that!

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BUTCH

2:10 pm on Thursday, March 7, 2013

BOB--is this the designer Bob? The top Health Care system u talk about was that until some flawed designers screwed up on the designs of Nuke reactors and casks now the best Health Care system with a big assistance from the best Chemical Industry of the World had created the GRATEST SUPER BUGS the Planet has ever seen or created in any research lab! How much does the radiation in the atmosphere and water have to do with this GREATEST of CREATIONS?

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Genvieve LaChappele

2:11 pm on Thursday, March 7, 2013

The NPR crowd here does not like self reliance or individual freedoms. They want everybody to have equal outcomes. Won't happen. Walmart is not responsible for a cashier to be able to buy a house. A cashier does not produce enough to warrant anything more than 10 bucks an hour. If said person wants to make a larger salary, they must have a skill set that will produce enough to justify that salary. Target pays less and so does mcdonalds. Nobody is making anyone work there. The entitlement culture is unfortunately been accepted in this country. Nobody is held accountable for anything. Walmart George bush and fox news caused everything. If walmart closed and mom and pops hired everyone, do you think they would pay a cashier enough to live? Dream on, maybe in NPR land!

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Karen

2:34 pm on Thursday, March 7, 2013

Your confusing the NPR crowd of wanting people to have opportunity. There's a big confusion with the far right winged around these parts claiming if we don't want millionaires to be billionaires at the cost of the middle class we're socialists. To me, it seems the ones who feel entitled are the younger crowd getting out of school today which means they learned that from their parents. I was raised to have a work ethic. I don't take sick days because I do not get sick since I take care of myself.

Most of the people complaining are the ones who've raised children with no consequences to their actions, never disciplined and have everything handed to them. Then turn around and blame the black guy for the fact that their children are lazy adults.

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Karen

2:36 pm on Thursday, March 7, 2013

Mom and Pop stores did not employ very many people. Yes, I believe they did pay them a living wage. In some cases when they retired, left their store to the employees. How many cashiers did mom and pop have? One maybe two at most.

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Hernendo RevolveR

10:57 pm on Thursday, March 7, 2013

An entry level position at WalMart is an opportunity. One can get a job at WalMart starting as a cashier, stock person, clerk, etc and build their career however they choose to do so. If they want to make more money they will show some initiative and a promotion may come their way. Maybe they could take advantage of WalMart's tuition assistance program. There are large numbers of senior executives that started as an entry level employee in that company. People need to put on their big boy/girl panties and make something of themselves. All of this caterwauling about how WalMart or any other employer is taking advantage of the poor little people is boring.

BUTCH

3:31 pm on Thursday, March 7, 2013

@ Gen---I also have a problem with no one being accountable for outing a CIA AGENT, I am old enough to remember when a Chicagoan and CIA agent was assassinated in Greece and the resulting accountability was justified by their standards, fast forward to the present the VP chf of Staff takes the fall for the VP and Chf staff POTUS in outing not only an agent but two entire networks in separate nations where the Corporations were looting on our( their behalf).
The POTUS in a shameless act appoints a spec prosecutor aka dog pony show (that had more to do with The Daley machine getting rid of the NO DIST PROSECUTOR than finding the guilty party)
THE two principle co conspirators escape charges or ACCOUNTABILITY as does the fall guy he does not face a trial the sentence would make the Cheney's AIPAC crew think twice before committing treason, but there is NO ACCOUNTABILITY. it is for the Kool Aid drinkers to go to sleep thinking the Trillion dollar a year budget is being well spent, it is so simple for wingies to blame the cashier and the stock boy for their lack of accountability while the lock boxes are going to the vaults of the Banksters in the Caymans and or Swiss accounts more and more shameless shite by flag waving, draft dodger tax avoiders.

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BUTCH

3:47 pm on Thursday, March 7, 2013

crap once, is that credible? How bout shite once or twice, I actually do it more than that a day.

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Jon K. Stark

3:55 pm on Thursday, March 7, 2013

For some perspective, this is an interesting video about the true gap in this country.

https://www.youtube.com/watch?v=QPKKQnijnsM

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Jon K. Stark

4:00 pm on Thursday, March 7, 2013

The average CEO now makes 380 times more than their AVERAGE employee?

Genvieve LaChappele

4:35 pm on Thursday, March 7, 2013

Butch, free anger management counseling is available to you through Cook County Medical services. You seem to lash out quite frequently. I was actually just joking about the NPR crack, I have to laugh at those who constantly blame Fox. Politicians are just as likely to be greedy and corrupt as any CEO. The Government is just as bad. I don't justify either. But to blame capitalism doesn't work. It is the human behavior in the companies, and the human behavior in the Government. By the way any insult from you I wear as a badge of honor. God Bless!

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BUTCH

7:14 pm on Thursday, March 7, 2013

Gen when did I mention NPR? I know u are a FLAG WAVING,tax avoiding,Red Army Commie Tparty Capitalist! The fact is Bainland vampire capitalism is killing the 99 cents a hour coolies by toxic poison, they have to be replaced as soon as they drop they simply open the razor wire gate! And a new Capitalist come forth to be killed to send u and the sheep shoddy shite from Bainland. i ACTUALLY HAVE TO POST THESE NEWS BULLETINS FOR U AND YOUR FELLOW TRAVELERS I know u never get these tidbits from Clear Channel Fox or Hillbilly Heroin rant radio! I Think I am doing a better job than NPR!
Thanks for the UPDATE STARK-- it is part of the BAINLAND miracle, when do u think will we get a video on Sheldon the TPARTY Vice lord and Tparty financial backer pleading guilty to the CORRUPT PRACTICES ACT? Now back to ACCOUNTABILITY! His plea and contributions to CORP are people too candidates would make a good point of discussion what ya think Gen?

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BUTCH

8:55 pm on Thursday, March 7, 2013

Bernie Sanders the only socialist who the people of Vt are overwhelmingly happy with said the Cayman islander !% actually have all the wealth created since the last days of Clinton in 97, the Stark Video makes it much clearer and I doubt that there are any !% Multi Billionaires on these blogs no matter how much Kool Aid they drink they are just field hands not even house servants for the Macau Vice lord, Forbes and Twit,
We should do a thread on too BIG to JAIL!

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Madge

10:43 pm on Thursday, March 7, 2013

Hugh, your comments are vile. So many angry people here. Everyone who voted for Carter, Clinton, and especially Obama, needs to read Saul Alinski's book "Rules for Radicals" It is even suggested reading by the NEA. Anyhoo, it's enlightening as it relates to what is going on in DC today. Bottom line, a strong United States makes for a safer world. The lack of accountability from the president/congress right on down to many US citizens and lack of a moral compass is why Capitalism is "failing" True democracy is a double edge sword and requires work and maintenence. There will be no I-told-you-so when the economy fails, or when nuclear war occurs. In the meantime let's keep on falling for the divide and conquer, name-calling, and fabricated DC drama. All that does is allow the redistribution of wealth here and abroad to occur. It might sound like "fairness" but it will be the world's undoing. PS: I am an independent. Both sides of the aisle are inadequate.

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Frank Stein

11:39 pm on Thursday, March 7, 2013

@Madge: hugh's comments were vile but it sure shut the loudmouth up. I'm sure you learned all about the "evil" Saul Alinski from either Beck or Hannity. Obama may have mentioned Alinsky in passing but the connection is overblown by the right simply because old Saul sounds and looks like a villian from James Bond. Hey, why not mention Bill Ayers.
The disfunction in Washington has more to do with the Tea Baggers throwing a hissy fit and obstructing anything Obama does. They have to keep their Corp donors happy. Capitalism is failing because of greed and the inability to change with the times. A "pure" free market can't excist when the rich are gready and buy politicians. The economy won't fail, much to your dismay. We're the richest country in the history of the world. If it fails its because of sabotage. There are gonna be no nuclear wars, no country is that stupid and lets face it, we spend more on the military then the next 10 countries combined. You say "redistribution" like its a bad word. We are supposed to be a Christian nation. Why do people starve and not have access to health care. Something needs to change. Change isn't bad. It won't be the worlds undoing, but its savior.

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Bob

12:09 am on Friday, March 8, 2013

"Why do people starve and not have access to health care". Becasue they don't have a freemarket capitalist system as int he US. I REALLY hope you're not referring to the poor here. ANY ill person below the poverty level can receive free health care through Medicaid. We spend a FORTUNE in Social security, local assitant and grant programs to feed the poor hungry. We give their school age kids FREE lunches and breakfasts IN ADDITION to the welfare we give their Moms to feed the kids. Every local township has public assistance programs funded by local taxpayers and most have food pantries. Our chirches have organizations such as the St Vincent DePaul Society that takes care of their parishes deserving poor.

"You say "redistribution" like its a bad word." Yep. It's just another word for taking from people who've earned something and giving it to those who didn't without giving those "contributing" anything in return. That's synonamous with "theft" which is a bad word in any language!

Frank Stein

12:23 am on Friday, March 8, 2013

Bob, please tell me what you're smoking. I need some. Poor would include someone who has a job that doesn't include health care or make a liveable wage. Ex: Someone who works for WalMar. Medicaid,Medicaid,Medicaid, the same Medicaid Paul Ryan is trying to eliminate ? Every "program" is being cut or running out of money. You really live in a fantasy land don't you. Bow down to Ayn Rand.
Fine, redistribution is bad for individuals but ok for Corps, who are people and the job creators. A Hedge Fund mngr who recieves a $50 million bonus earned that money by fleecing the poor and stupid. But thats fine, i'll give you all the b.s. you just spewed BUT don't say this is a Christian Nation. Don't say God Bless The USA, more like God damn the USA and its greed and piss on the misfortunate. Don't quote God to damn murderers or abortionist or genicidal maniacs.

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Bob

12:40 am on Friday, March 8, 2013

Thanks for your input, Rev. Wright!

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Juvenal

7:32 pm on Friday, March 8, 2013

A Hedge Fund manager who earns a $50 million dollar bonus does so by making wise investment choices and making many times that much money for her clients; clients which usually include pension funds, university endowments, charitable foundations, maybe even some part of your retirement account. They may not fleece the poor but they certainly fleece the stupid - i.e. the rich SOB on the other side of their successful trades. The US Poor you describe have access to better medicine at a Walgreens clinic, and more labor saving luxuries and toys, than Kings of a century ago had -- thanks to those greedy businesses that developed all that stuff. Hyper concentrations of wealth are inefficient, but enforcing "equality" by government diktat ....

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Stuart Kurtz

9:45 pm on Friday, March 8, 2013

Juvenal, It's actually not so clear. Hedge fund managers only get paid if they make money, which sounds like a good idea, but in the real world, it encourages risk taking, because the zero lower-bound creates a moral hazard.

Let me give you a simple illustration. Let's say that you and I both start standard hedge funds, with $100M each. We get together, and flip a coin, winner take all. The winner earns $10M, the loser loses nothing. The winners investors make a +90%, the losers -100%. The winners are happy to invest in the next fund, and the losers don't matter.

Good work if you can get it.

Bob

12:46 am on Friday, March 8, 2013

The fact is that as long as some of you are preoccupied with how much CEOs are making, you're MISSING what really needs to be done to minimize poverty in this country....changing the dysfunctional culture that creates poverty in America.

This class warfare stuff may win elections with large numbers of low information voters, but it does NOTHING to solve the plight of poverty here and around the world.

Cutting pay for CEOs won't make low skill workers more valuable or increase their skills. It's just base envy and making excuses to avoid what those impoverished need to do to move forward.

It's time we addressed the REAL causes of poverty and learned to ignore that "man behind the curtain"!

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Frank Stein

1:02 am on Friday, March 8, 2013

You are right Bob. But it gets so sickening to turn on the news and see the bickering. Its sickening to see the Rand Pauls and Paul Ryans whoring themselves out to the highest bidder. This country is falling apart. Its not the poor peoples fault. They are struggling just to stay alive. Can you blame them for being outraged when one whole party is trying to crash the economy just to make sure rich or corps don't pay another dime in tax's. Fighting to cut education, SS, medicaid/care while arguing that Corp welfare is necessary for the "job creators"
Programs that could give the low skill workers some skills, being cut. Anything to change things to help people is under attack. Can you tell me the tax rates paid in 1960 or 70,80, real high right ? Did the world end, economy crash, unemployment rise ? NO, HeLL NO.
It seems the full pain will be inflicted on the most vulnerable, and thats not right. Sure CEO's are bearing the brunt of my arguement. But their greed is at the root of everything.

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Bob

7:55 am on Friday, March 8, 2013

" Its sickening to see the Rand Pauls and Paul Ryans whoring themselves out to the highest bidder" ...but not HALF as sickening as seeing Obama out campaigning instead of acting like a responsible leader and finding a way to address overspending and failing "investment" by the Federal government. As far as "whoring" NO ONE is better at that than Obama, Reid and Pelosi who seel out our country's best interest to pander to the Fannie Mae and Freddie Mac crooks and their corrupt union contributors. You have to admit that sword cuts both ways.

"Can you blame them for being outraged when one whole party is trying to crash the economy just to make sure rich or corps don't pay another dime in tax's." YES! these "poor" are doing NOTHING to support the services this government is providing, and expecting others to pay for it, while they RECEIVE it, IS cause for blame.

"Programs that could give the low skill workers some skills, being cut" Actually, this isn't true. Only the rate of growth is being diminiished. We spend a large portion of our state and local expenditures on one of the most expensive, yet most ineffective, education bureaucracies in the "civilized" world. There has been, and IS, MORE than enough resources deveoted to make EVERY person a productive, tax paing producer. The problem of the "poor" is that they doom themselves to a life of minimal economic success by their choices to become single parents and choose NOT to make the effort to be successful.

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Bob

8:02 am on Friday, March 8, 2013

"Can you tell me the tax rates paid in 1960 or 70,80, real high right ?" Actually, YES! reduction in tax rates have ALWAYS resulted in economic growth beyond the failure to grow in the Obama economy. When JFK dropped tax rates, the economy boomed. When Reagan dropped tax rates, itresulteed in the longest period of growth in American history. When Bush dropped the tax rates following 9/11, the economy continued to grow at rates exceeding the failed Obama growth despite one of the worst economic/political disasters in our time.

The problem is that Obama and Reid don't care about growing the privatet economy. They're too focused on "eating our seed corn" through redistribution instead of planting it for investment and creating more fo all.

REad history. The path to prosperity here and around the world is clear and consistent. We only need leadership that's more interested in creating wealth for all than taking it and giving to his campaign contributors and those "takers" in the system he wants to keep poor to keep his poltical support.

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Bob

8:05 am on Friday, March 8, 2013

Finally, at one time the Federal income tax rates were up to 90%, but the rich never paid that much because of "loopholes" through trusts and other "sweetheart" tax deals. The people who got burned were those who successfully created wealth and were "capped" because the intitially didn't have the resources to create the tax dodges.

High rates area just another way of keeping the elite rich classes exclusive of the newly rich, and poltiicans like Obama are happy to keep THEIR rich friends in this exclusive club!

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Chronicles of Bob

9:22 am on Friday, March 8, 2013

Shocking, Bob has an answer to something. And it's less than 500 words, maybe.

BUTCH

8:10 am on Friday, March 8, 2013

I take it back MADGE and BOB are actual 1% who woulda think right here so close to the rustbelt i bet they are afraid that the Caymans are no longer desirable with the rising sea's from the retreating Alaska Glaciers! Now if Gen checks in we will if there are three! We know Bob and Madge are followers of lyin Ryan's model of capitalism Ayn Rand's and like all GOP TPARTY hypocrites the lyin hag whose theory was self determination or starve survived solely on SSA in her last years, To Ayn Ryan, Madge and Bob only the polluters and poisoners are relevant, the coolies the 99% are renewable, lyin done it again he and the TPARTY are now going to do what Mommy Ryan and the fraud Gov Scott of Fla said they will never do when he was talking to the village idiots in Florida cut SSA and Medicare for all even if they and or we paid for it and continue to contribute to Medicare in their monthly SSA nless she was waiting on tables in her real job!
What exactly did Bill O, Glenn, Sean or oxy drugster create or build again? What theatre were they in fighting for old glory and the banksters ? How bout our own Madge and Bob what is their claim to fame and !%, MAYBE IT HAS SOMETHING TO DO WITH WHAT;S IN THE WATER! Gotta cut it short today I am going to a funeral in south America I may meet Rev Wright on the flight, Bob don;t know but he was a 6 year USAF vet how bout Bob!

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Ann C. Piasecki

9:07 am on Friday, March 8, 2013

Hi Folks; Just a reminder. Patch can't allow vulgarity on the site.
Thank you,
Ann

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Genvieve LaChappele

4:17 pm on Friday, March 8, 2013

Hugh has every right to say whatever he wishes. I would never want him to be silent. That is not the American way. The fact that I don't agree with him is of no consequence. I will not try to silence him just because he gets nasty.

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BUTCH

10:33 am on Saturday, March 9, 2013

Gen u are so American! u obviously were not raised in the Caymans or Switzerland!
Just a downwinder like the rest of us!
@ ann what was vulgar?

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BUTCH

2:14 pm on Saturday, March 9, 2013

Another Cayman islander Capitalist bit the dust, Florian Homm CEO of Absolute Capital management and mgr of nine hedge funds and co owner of a broker-dealership in LA who was tipped off by Bushevik insiders and fled in the middle of the night after dumping tens of millions of his own stock in Absolute he and his partners or family fled with over 50 million in assets to Europe.he was arrested in Florence at an art gallery( trying to swindle some Florentine collectors no doubt).
The Rogue or Estranged Capitalist which he goes by left his gullible TPARTY investors holding worthless securitites and estimate losses in excess of 200 million, most of them are rank and file downwinder deniers of climate change and born again birthers. The incredible part of the story is he is not even a big fish had he been one he would still be living on the Riviera and voting in the Cayman islands.such a pity the administration has a CORP AG, what this country needs is a good Socialist ATTY GENERAL.

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BUTCH

12:18 pm on Sunday, March 10, 2013

@ NEWS FLASH ---For the folks who STRUGGLE DAILY are not Hedge fund mgr's or do not live in the Georgian Townhose called Ugland house in the Caymans with the Carlyle Gp whose alumni include such outstanding iconic Murkans as the 41-43 POTUS, and the entire Bush cabinents and the former Tory leader John Major,Ugland is called the House where they host the hall of the Shameless by the native snorklers and bartneders who comprise the work force along with janitors provided by the CIA and MI 5 or 6 and an MOSSAD paper shredding corp who are also registered voters and delivered a 100% vote for TWIT and Lyin knowing it was meaningless since it only made the final result 52-48 from the magic 47%, this number was only done previous in the old Soviet union and eastern bloc where Stalin got 125% in every election, even if TWIT could reach that it would not matter, what matters is the 1 trillion plus in tax avoidance continue and a cut in SSA -Medicare-air controllers and most federal agencies is a done deal. The new Sec treasury insures the legacy of Geitner, Paulson ,Rubin and the rest of the banksters and along with the TPARTY INSURE the DEFICIT and DEBT preoccupy the minds of nitwits and otraged conservatives is that redundant? Obama is the best friend for the 1% the dog and pony show, the plan is to insure no GOP POTUS gets into the oval office to stop the happy days are here again rendition of 4 more years, the only thing they worry about is the Kool aiders are running out!

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BUTCH

6:21 pm on Sunday, March 10, 2013

@proud TO BE AN AMERICAN and CAPITALIST
what we have here is the flag wavers and proud to be Murkans greed, recklessness and illegal acts as Banksters,and their entrenched burocrats, SO WE KNOW WHY it was under the CHENEY-DUBYA watch that the depression took place. It could not have been done however had their not been a grateful TPARTY alliance with corrrput Democrats in congress that approved the looting of America.
The BANKSTER CORP are people my friend received 17 TRILLION in stimulus,zero free loans and every imaginable assistance from the Federal Reserve and then blamed the Kenya-Indonesian-Muslim -socialist Black guy Eh!
As soon as they were flush AGAIN in two years the icons of the grateful dead (TPARTY MURKANS) set up new subsidaries in Ugland House in the Caymans this included BOA (that should be Bank of MURKA LOOTERS) and then looted the treasury for another 1 BILLLION rebate thank u TPARTY!
Goldman Sachs the flagship of the BANKSTERS set up 40 offshore facilities( for SHELDON the bankroller and corrupy briber of foreigners doing biz with Romney Bain), he and TWIT can move all or any amount which they do to launder Macau and RED ARMY Off shore drilling Corp money from the Iran operation easier into the Murkan market while Goldman avoided 4 Billion in taxes, the best is CITIGP no taxes in 4 years since the depression and 2.5 TRILLION in gifts from the BANKSTERS CENTRAL BANK the Federal Reserve, no wonder they are proud to be American and love being MURKAN

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