Wednesday, January 26, 2011

So. To risk redundancy, but, not consolidation. A quick review.

Does throwing money at the wealthiest of any venacular create jobs in the USA? 

Let's see.

Do tax cuts for the wealthiest Americans create jobs?

No.

Do tax cuts for global corporations or those seeking to expand globally create jobs?

No.

Do tax breaks to USA corporations create jobs?

No.

Does Quanitative Easing create jobs?

No.

Are the wealthiest Americans entitled to a 'disproportionate' tax CLASS as they earn their wealth and deserve it?

No, that is like saying the remainder of Americans didn't earn their income.  Hello?

Is it moral to have tax breaks in the Tax Code that favor the wealthiest Americans while adding to the nation's deficit and debt?

No.

Is it corrupt to favor tax breaks for the wealthiest Americans when facing the challenge of reducing the national deficit and debt?

Yes.

Should those that 'practice' such corruption face ethics investigations and proceedings?

Yes.

Will such investigations and charges be brought?

No.  Not a chance.

What does that say about 'the ideologies' at work within the conservative belief system?  What does that say about justice in the USA?  What does that say about 'the value system' our young people and children are exposed to?

But.

More than that...when will the injustice and corruption end when it is obviously in PLAIN SIGHT of the electorate?  What incentives to the electorate continues to corrupt the electorate?  When are those incentives going to be separated from American elections, put into context and given a place within our cultures and society to permit 'the best choice' in elections prevail?

Never ?

What does that say to the rest of the world about the people of the USA and their priorities even among themselves?

Have a better day.

The money that was allocated by the federal government to the wealthy and corporations that do not provide USA jobs during the years before the economic collapse which increased the national debt is a CRIME.  Literally.

The Bush "Homeland Reinvestment Act"  (The actualy legislation is not readily found with the help of Google, otherwise, the link would be at the title to the entry.  Perhaps it will show up later.)


Tax Break for Profits Went Awry (click here)

Published: June 4, 2009
 
...The law specifically said the money could not be used to raise dividends or to repurchase shares....

...Now the most detailed analysis of what actually happened — using confidential government data as well as corporate reports — has estimated what happened to the $299 billion companies brought back from foreign subsidiaries. About 92 percent of it went to shareholders, mostly in the form of increased share buybacks and the rest through increased dividends....