OCCUPY WALL STREET

[persiphone]

Originally Posted by Miss Tick

You know it concerns me that our elected officials, elected by the people and supposedly working for the people, can continue to spout this rhetoric. I am sure they have an understanding of how the economy works and how it could be fixed, they know what they are saying are lies, yet they continue to spread these untruths.

How will continued and increased tax breaks for corporations, who if not stopped will continue to bring jobs out of the country where there is cheaper labor, ever, ever create jobs for Americans? How can our elected officials not know this? They do know it. Yet they continue to tell us different because they believe the majority of people are too stupid to figure it out. So there is no harm for them in lying to us.

Free trade agreements aren’t very helpful for creating jobs when we continue to import so much more than we export. No jobs there. It would be helpful if, at least, we could tax imports from. U.S. corporations that are U.S. in ownership only. Meaning they provide no U.S. jobs, no goods are produced in U.S., no raw materials are purchased in the U.S. These corporations should be treated like foreign corporations and should pay to import their products to the U.S. So why don’t our elected officials understand this simple reality. Free trade agreements won’t get us jobs. Are they stupid or do they believe we are stupid?

I shudder to imagine what could define burdensome regulations. We don’t even have enough regulations in place to stop the financial sector from destroying the economy of the world. How much less regulations could we possibly survive with? How can any official, given the jam that a lack of regulation just got us into, say with a straight face that we need less of these burdensome regulations? It’s like the mayor of Oakland saying that Oakland needs a more aggressive police department. She would never say that because it would be political suicide. But politicians feel no such qualms about telling us we need to deregulate. Why? Do they think we are so stupid they can get away with that? They seem to be getting away with it.

The federal deficit would get in control much easier if we hadn’t had to bailout those poor over-regulated financial terrorists. But I doubt curtailing handouts to the wealthy is what the 1% has in mind when they speak of getting the deficits under control. They mean austerity measures (social genocide).

So let me see if I can get this straight. The deficit is so bad because the financial sector engaged in actions that [purposely (hard to believe that they could ignore all the warnings and still plead ignorance) or accidentally because of greed and disinterest in consequences – you choose which you believe] are destroying the world’s economy (which destruction, if they place their bets correctly, could even make them money –so really what is in it for them if we have economic recovery) and we the 99% had to bail them out. And we had to bail them out despite the reality that of all the people hurt by their actions they suffered least, if at all, and that the 1% has plenty of money, the banks have plenty of money, everyone who is anyone in finance is still making money hand over fist, but just they don’t have money they wish to share. Then to add injury to insult we have to be squeezed and nickel and dimed to death. The 1% continues to insist on tax breaks and deregulation and bailouts and bonuses and whatnot that benefit them and that will inevitably erase the middle class, crush the working class and leave the poor hopeless. Rather than raise taxes for the rich they would rather subject the rest of us to untold pain and suffering.

They talk like the things they are saying make perfect sense and deserve to be taken seriously as an answer to our economic woes. It’s as though we should take seriously the idea that perhaps the sun does indeed revolve around the earth after all.

they're still clinging to the notion of trickle down economics, which, as we've seen, doesn't work. they keep talking this trash but never mention that the largest corporations in this country are literally sitting on a collective trillions of dollars in cash. TRILLIONS! of CASH! they aren't spending shit and we are the most deregulated we've ever been since after the Depression. the bottom line is they have no other answers. it's all lip service. they really don't have any other ammo in their arsenal. the same old spewing of nonsense is all they've got.