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Forum Post: Cut Cut Cut Bill and Other Parasitisms

Posted 3 weeks ago on Nov. 17, 2017, 11:17 a.m. EST by agkaiser (1932) from Fredericksburg, TX
This content is user submitted and not an official statement

"Cut, Cut, Cut Bill" and other parasitic assaults on the well being of the human race:

"One of the biggest beneficiaries of the tax bill may be President Donald Trump’s own family. An NBC News analysis based on his 2005 tax return found Trump would personally save $20 million under the House bill, while his heirs could save $1.1 billion. Meanwhile, the Senate plan will actually result in higher taxes for workers who earn less than $75,000 by 2027, according to a new analysis by the Congress Joint Committee on Taxation." - Democracy Now, 11/17/17

Part of the hope package that put Obama in office on January 20, 2008 was the promise to bail out mortgages that were underwater due to Bush's 2008 shearing of the Wall Street Sheep. Instead O betrayed us by funding the rentier vultures buyup of those mortgages. Now the neo feudal landlords are parasitizing the global economy and threatening our economic and real existence with their shortsighted greed.

Many of the victims of neo feudal rentierism are praising Trump's tax cut for the rich and failing to see the increases for themselves. They are clueless about how the death of the inheritance tax is a mortal blow to themselves and their progeny for many generations if not for all time.

"[The] target are Wall Street giants - the so-called 'vulture funds' - that have been on a house-buying spree across Europe and the United States since the 2008 financial crash. According to the New York Times, Goldman Sachs, Cerberus Capital Management, Lone Star Funds, Blackstone Group and other US companies have bought more than €223 billion worth of troubled real estate loans in Europe in the last four years."

https://www.nakedcapitalism.com/2017/11/fight-global-wall-street-landlords.html

33 Comments

33 Comments


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[-] 3 points by elf3 (3754) 2 weeks ago

We all know it...wallstreet knows it. A chunk of brainwashed fox news watchers pray to the church of their own destruction and don't know it. But I can generally have a two second conversation and they end up on my side. Sorry to say they are easily swayed and it may not be all their fault. But to make matters worse CNN and all local news is owned by the entities abusing us. They only water down their lies have we heard them discuss the Panama Papers or Net Neutrality even once? There is a real problem here we are losing every check and balance. And it was done systematically. I am not sure it can still be fixed. There is going to be a civil war. Maybe we need one.

[-] 1 points by agkaiser (1932) from Fredericksburg, TX 2 weeks ago

A civil war is likely. We can only hope it doesn't end up reinforcing oppression and exploitation. Remember how Oliver Cromwell and William of Orange built on the evil of Henry VIII and the slut queen Elizabeth (the puppet of a malicious privy council), who created the social paradigm that threatens human extinction to this very day.

[-] 3 points by DKAtoday (33306) from Coon Rapids, MN 2 weeks ago

I don't think the south ever gave-up on the last one - they just went to fighting-on in state & federal government.

[-] 2 points by agkaiser (1932) from Fredericksburg, TX 2 weeks ago

Conservatism's American roots are with John C. Calhoun and his "nullification" defense of slavery and states' rights, starting with opposition to the Tarriff of 1828. He died in 1850 but his spirit lives on in the treacherous rebel confederacy and its die hards into the 21st Century and Trump the Traitor.

[-] 3 points by DKAtoday (33306) from Coon Rapids, MN 2 weeks ago

The command structure of today's Confederate troops = includes the Koch's ALEC CATO American Petroleum Institute (etc) GOP & the foot soldiers are the republicans in office (state & fed). Playing the long game of majority in office pushing legislation that destroys the constitution and bill of rights and every public rights & safety institution. They have agent provocateurs in the dem party (example of 1 = sHillary Rotten Republican Clinton)

[-] 2 points by agkaiser (1932) from Fredericksburg, TX 1 week ago

worse news about the tax cut:

They're effectively stealing the payroll tax on the poor that prepaid for SS and Medicare that are being cut because republicans don't want to pay back the money they borrowed from the trust fund and spent on old boy contractor's fraudulent government businesses.

https://www.facebook.com/RiseUpAndResist/photos/a.1541394625903757.1073741829.1360554593987762/1660819910627894/?type=3

[-] 3 points by DKAtoday (33306) from Coon Rapids, MN 1 week ago

They're effectively stealing the payroll tax on the poor that prepaid for SS and Medicare that are being cut

They have been trying to get full control of the money in Social Security and Medicare for - well - ever since they were 1st instituted - they never wanted public safeguards or supports - they are always looking for more ways to take money away from the middle class and yes even more from the working poor.

Republicans never wanted a balanced budget - they only say they do so that the gullible will continue to support them - the gullible I say - because the Gullible don't ever look at actual actions taken in office (state & federal) against them to be able to see that those they put into office are working against them.

The republicans fully expect to be able to blame the democrats for the hits that the general public are gonna take due to republican legislation - like the republicans have been able to do successfully for decades.

[-] 2 points by DKAtoday (33306) from Coon Rapids, MN 3 weeks ago

Isn't it really time & long past time 4 t public 2 require truth in gov (legislation)? https://youtu.be/AnBVDzk_S1k

I think tht t proposal of removing tax breaks 4 failure 2 preform is not a bad idea, remove t wealthy few tax breaks retroactively all t way back 2 t 1st trickle down!

https://twitter.com/DKAtoday/status/931992409545826311

[-] 2 points by beautifulworld (22801) 3 weeks ago

Michael Hudson explains in detail that there is an alternative to this current economic structure we are in.

In this must watch video he explains how economic tyranny has been placed on the people unnecessarily, merely to satisfy the greed of a few parasites, the financial sector. Learn about the "traumatized worker effect" and earned income vs. unearned income (rentier), the sad state of closed-minded economic intelligentsia in academia today, etc.

Watch 'til the end. Brilliant!

https://www.youtube.com/watch?v=mH8FWrbzxEs

[-] 1 points by ImNotMe (1488) 2 weeks ago

''Left Out: Michael Hudson on Junk Economics'' (Audio):

''The real enemy of the press wasn't Trump. The real enemy was Bernie Sanders. They would much rather lose overwhelmingly with Hillary than win with Bernie and Trump to them was the lesser evil"!!!

https://twitter.com/democracyatwrk's ''Paul Sliker and Dante Dallavalle talk with author and economist Michael Hudson - one of the world’s six economists who accurately predicted the 2007-2008 financial crisis. His new book, ''J is for Junk Economics'' - reveals how the mainstream economic vocabulary has been turned around in an Orwellian way .. to mean just the opposite of what words used to mean. Michael also explains how the media and academia use well-crafted euphemisms to conceal how the economy really works; USA's economy under Obama vs. Trump and what might be coming next.''

This is a great follow up Audio of a radio pod-cast, to your excellent Video above. Thanx & also fyi ...

For anyone into history or economics, or a history of economics - the two videos above are essential.

fiat lux ...

[-] 1 points by beautifulworld (22801) 2 weeks ago

Recovery after 2008 global financial crisis never happened. All the growth in GDP has gone to the top 5% of the population. The assets have shrunk for the other 95% of voters. Hillary lost because of that reality. She only cared about the donor class, the upper 5%. - Michael Hudson in Democracy at Work video.

https://www.youtube.com/watch?v=k6y35aO_fpU

Zero interest rate policy is creating a new bubble. It's not creating anything real. It's just there to save the 1% or 5% from losing on their investments.

According to Hudson, the miracle of compound interest is that re-investing the interest keeps it doubling, but the economy doesn't grow that way. The interest actually diverts money away from spending. Interest payments go to banks to make more loans to get more people into debt but the banks never spend the money, they re-invest it to make more loans. This is how the 5% get richer, by lending money to the 95%.

The solution (to the GFC) that was called for was what has happened for the last 5000 years, when debts go beyond the ability of people to pay under normal circumstances the debts should have been written off. The govt could have let the debt bondholders lose the money. It was massive fraudulent lending, debts given to people they knew could not be repaid.

[-] 1 points by ImNotMe (1488) 1 week ago

The Debt Level in U$A is now simply unsustainable but Money Lenders have captured USG & so this very basic truth ... can NOT be uttered in the ''United States of Amnesia''! Thanx for strong reply + Fyi:

fiat lux et fiat justitia ...

[-] 0 points by factsrfun (8782) from Phoenix, AZ 3 weeks ago

now to break it down into sharp talking points to pierce the thick skulls of the Drumpf voters...

https://www.amazon.com/JUNK-ECONOMICS-GUIDE-REALITY-DECEPTION/dp/3981484258/ref=pd_lpo_sbs_14_t_0?_encoding=UTF8&psc=1&refRID=5N9DCN2B2DVWJ40MFA30

[-] 1 points by beautifulworld (22801) 2 weeks ago

You don't think Hillary voters need these same lessons?!

Listen to Hudson. He says she lost because she only cared about the donor class, the 5%, the money lenders, the tax dodgers. Trump voters were onto that. I don't agree with Trump voters at all, I never thought he was the change America needed, but Hillary sure wasn't the right thing either. Hence, I voted for the lovely Jill Stein who's platform was spotless.

[-] 1 points by flip (7101) 2 weeks ago

you are correct here a s usual - the last 45 years has seen the rich get richer and the rest of us work harder and get paid less. both parties have been part of this - nafta was the ONLY thing slick willy fought for and it was a gift to the rich.

[-] 1 points by beautifulworld (22801) 2 days ago

71% of millennials want a third party.

http://thehill.com/homenews/news/362281-poll-millennials-want-third-political-party

A third party is the only way out of this mess imo. The Dems aren't much better than the Reps, if they are any better at all.

And, both Dem and Rep politicians enrich themselves while in office.

http://www.businessinsider.com/congress-insider-trading-earmarks-real-estate-nancy-pelosi-rich-tax-payer-money-2011-11

"...the shocking regularity with which elected officials use their legislative positions to reap financial rewards.

This 'honest' graft is by no means limited to using inside knowledge to play the stock market. Schweizer, a fellow at the conservative Hoover Institute, reports that members of Congress are also making a killing in real estate, using federal funds to boost their personal land holdings.

Like Congress's questionable trading practices, mixing real estate investments with taxpayer money is technically legal. Actually, it's pretty easy for members of Congress to get rich off of federal projects — land deals are more difficult to detect than trades, and land, unlike stocks, doesn't have a set price. Members of Congress aren't required to disclose if a land deal would benefit them personally.

In the corporate world, using company money for personal financial gain would at minimum get you fired. But in Congress, the practice is not only legal, but common."

[-] 0 points by factsrfun (8782) from Phoenix, AZ 2 days ago

This is where the new movement is growing.

"Why “Democrats”? Why not just start a new party?

The two-party paradigm is the model for our country’s current political system. While we agree with and often champion many third-party candidates and movements, the reality is that right now it is next to impossible for a third-party candidate to win a national election.

We want our democracy to work for Americans again as soon as possible. The best way to do this is by working to change the Democratic party from the inside out. Once Justice Democrats take power, we plan to implement electoral reform like ranked choice voting so third parties can have more power in our democracy."

https://www.justicedemocrats.com/

[-] 2 points by beautifulworld (22801) 9 hours ago

How the heck is that going to happen with Chuck Schumer and Nancy Pelosi in charge of the party? And, Hillary Clinton waiting in the wings? And, others that have one foot in with corporations and one foot with the people?

It's a nice thought, but seems a bit naive. The reason for a new party is so that you have control over your platform and principles, not a bunch of old party members who can't let go of their corporate devotion putting up roadblocks every step of the way.

[-] -1 points by factsrfun (8782) from Phoenix, AZ 1 week ago

Drumpf is POTUS because of people that voted for the ego whore Jill Stein, the GOP and super rich thank you for your support.

[-] 1 points by agkaiser (1932) from Fredericksburg, TX 9 hours ago

Many more people voted for Gary Johnson than Jill Stein. It's a safe bet that most libertarians would vote republican otherwise.

[-] 1 points by factsrfun (8782) from Phoenix, AZ 2 days ago

Come, add your voice:

https://www.justicedemocrats.com/

[-] 1 points by agkaiser (1932) from Fredericksburg, TX 2 weeks ago

The rich are a parasitic disease that threatens the survival of the human race. Owners are parasites who make money from money and/or inherit money and property hoards that threaten our existence. They don't work. We work for them. They don't deserve to exist (we can tax them out of existence without harming a hair on their heads), much less get any tax cut. The mortgage deduction is a middle class tax break. The rich don't get mortgages or pay interest. They loan money at interest for mortgages and everything else. We are in debt bondage to them and the sooner we eliminate their class from the social hierarchy the better chance for survival we will have.

[-] 2 points by elf3 (3754) 2 weeks ago

There is an underground network of those who can stop it. Every immoral company has an it department and staff, scientists, and those who carry through their plans. We can jam their gears. We can stop them. If we all do our part what are they gonna do? We can show them our power...BOYCOTT ...practice minimalism...UNION UP

[-] 1 points by agkaiser (1932) from Fredericksburg, TX 3 weeks ago

Connect the dots again!

The 25G cut to Medicare in the tax bill is stealing the money borrowed from the trust fund and refusing to use it for the purpose that the tax was collected from the poor. Giving it to the rich in a tax cut ....

http://occupywallst.org/forum/connect-the-dots-again/

[-] 1 points by DKAtoday (33306) from Coon Rapids, MN 3 weeks ago

The GOP's current wealth care tax proposal which passed the house and now goes to the senate where it could be made even worse for the middle class and working poor - is a double down of Raygun Trickle Down Economics which 1st insentivised Corporations to off-shore work and caused the USA to lose general public economic health in a rampant flood of jobs & wealth out of the country.

[-] 1 points by agkaiser (1932) from Fredericksburg, TX 3 weeks ago

Yea. The country was definitely RRd in the Eighties. That was peak economic warfare that re-subjugated the American people. It is traced to the Austrians: Hayek and von Mises who begat Ayn Rand and Milton Friedman who begat Margaret Thatcher and her diminutive twin Ronald Reagan. FDR had stifled them and the whole movement didn't begin to gain traction until after his death.

[-] 2 points by DKAtoday (33306) from Coon Rapids, MN 3 weeks ago

It is rather disconcerting that the GOP feels safe to pass crap like this when they are thoroughly too frightened that they will lose their jobs to pass wealth care health care. Somehow the dummies expect that this should be more acceptable to "their" middle class and working poor. Hopefully their constituents will not remain silent on this tax wealth care crap either!

[-] 1 points by gsw (3101) from Woodbridge Township, NJ 3 weeks ago

It will fuck up economy like 2008!

[-] 1 points by DKAtoday (33306) from Coon Rapids, MN 3 weeks ago

It could be the final act that completes the meltdown. The meltdown that was never really stopped to begin with.

[-] 1 points by grapes (5048) 3 weeks ago

They are all on the kamikaze mission because they know that they are on their way out regardless. It's the last hurray before the erythrobaptism. That's why they are in such a hurry - to pull a fast one!

"Now you see it. No, you don't!" Corners of the mouth twitched to suppress a laughter. I remember that look very well because I saw it on the face of the girlfriend of the young man who had asked me where I had come from and I answered him, "from my Mother."

[-] 0 points by factsrfun (8782) from Phoenix, AZ 3 weeks ago

This bill passed the House with all GOP support not a single Dem voted for it, it would seem there is a difference between the two parties.

[-] 1 points by agkaiser (1932) from Fredericksburg, TX 3 weeks ago

Neo Liberalism, the Clinton disease, is what afflicts the dems and causes their losses. They need a wake up!

https://www.nakedcapitalism.com/2017/11/despair-helped-drive-trump-victory.html

[-] -1 points by factsrfun (8782) from Phoenix, AZ 3 weeks ago

so in the mean time you will just keep electing the GOP?

why don't you go stand in front of a mirror and you will see why the country is fucked.

don't forget Trump could not have won with YOUR help