Saturday, November 1, 2008

McCain's Big Backfire

Just came across this article on Alternet that says all the same things I said in yesterday's post. Just in case anyone thinks I'm making any of this up or have my facts wrong check it out:
Obama has not only maintained a stable lead under the Republican barrage, he has increased his positives in the traditionally Republican territory of taxes. The final national polls before Tuesday all show a national hunger for national wealth redistribution downward. An Ipsos/McClatchy poll finds that likely voters prefer Obama's tax plan to McCain's by 8 points. Pew says Obama added to his edge on taxes and the economy between mid-September and mid-October by 6 points, jumping from 44 to 39 earlier to 50 to 35. On Oct. 30, Gallup released results showing Americans favor Obama's style of wealth spreading by a whopping 58-to-37 margin.

It appears the nation's sanity and sense of fairness has reasserted itself to wipe the floor with condescending GOP red-baiting.
As I said, money has been flowing upward for a long time, in the last 8 years 90% of all the wealth in the nation has gone to the upper 10% of wage earners. Does that seem fair or natural? No, it's greedy asholes trying to steal from the government coffers (your taxes) and getting away with it. Also wiping out the credit card so all of our children and grandchildren have to pay for our exceses. Is that family values or what? It's time to turn it around and start sending that money back down to the rest of us.

If anything Obama's plan to raise the taxes on the top 5% (making over $250,000) from 36% to 39% is much too conservative. It should be raised to 50%.

But I think he didn't want to scare the really wealthy too much. Despite the way I talk about the rich I'm sure that most of them are not too upset by this kind of tax increase. It isn't going to affect their own spending in the least and they realize they've been reaping huge benefits from Bush that they don't really deserve. Some, I think, even realize just how desparate it is getting for the people in the middle class, how close to the edge everyone is. Make a large number of people too desparate and we will have violent revolution. I'm hoping Obama will be the non-violent revolution.

It's not like the middle class is greedy and want something they don't deserve. They simply live in a system created and maintained by the wealthy that make life a difficult proposition for the non-wealthy. All most of us want is to make a decent wage - a liveable wage - for our work, and health care and retirement so no one has to face financial disaster. This doesn't seem like too much to ask, in fact it's merely what the basics SHOULD be in a modern, Democratic society.

And it's not like we are asking any sacrifice of the wealthy, either. So someone makes $10 million after taxes instead of $12. Poor guy! Death can't be far behind! But for those in the middle class who can't afford health insurance and are diagnosed with cancer they really ARE going to die! In 2005 three thousand people died in California alone because of a lack of health insurance. This is a silent holocaust. Add in the other 50 states and we are talking about tens of thousands of preventable deaths every single year in America. This happens in third world countries, not in the wealthiest Democracy on Earth, right?

We just have to ask ourselves what kind of America to we want to live in. One where 95% of us or more are prosperous and happy or one where only %5 of us are and the rest are struggling just to survive and often failing? I have trouble thinking even the richest people think that is a good idea.

Of course, there are lots of very wealthy people who think wealth is a sign of the worth of a person. Those on the lower end simply do not deserve to live if they can't afford to pay for medical treatments. It's a kind of brutal Economic Darwinism, which is truly ironic since most of them don't even believe in evolution.

So McCain's claim of socialism doen't hold much weight. Many don't even know what it is and if they did they would realize they are for quite a number of socialist things. Like Social Security and Medicare, universal health insurance and help for people in natural disasters.

Alexander Zaitchik goes on to say:
Over the last eight years, 90 percent of the new income generated has accrued to the top 10 percent, while average family incomes have dropped $2,000. These numbers have engendered bitterness on top of anxiety that has shifted the economic debate. If Democrats get a chance to seek forceful redress in the coming years, Republicans are sure to call Obama a socialist and much else besides. But that's OK. Tuesday's election is going to show that when people are hurting, they don't mind a little "socialism" -- just as long as it's pointed their way.
The wealth will ALWAYS get re-distributed in a modern society, economics is all about moving money around, it’s just a question of whether you want it flowing up or down. And we already have socialism for the rich and how does that make sense?

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