Genocide of the Middleclass – Roger Ingalls

James Carville has just released a new book (It’s the Middle Class, Stupid) and the President is now shaping his re-election rhetoric around helping the middleclass so I feel it is prudent to repost (with edits) one of my earlier articles about the subject.

It is mind-boggling that so many Americans have a god-like fascination with Ronald Reagan. This is the man who set in motion the financial destruction of the middleclass. Unbelievably, a significant portion of Middle America still loves the man. Why? Is it some sort of Battered Wife Syndrome  or is the conservative middleclass too embarrassed to admit that they were duped by the Republican Party?

But, here we are, repeating stupidity. Instead of trying to reverse Reaganomics, conservatives are still trying to enhance it; more tax cuts for the rich and for corporations, more union busting, deregulation and privatization of government programs.

To increase our understanding, let’s review history: today, many Americans believe that middleclass society magically appeared with the birth of our nation and grew over time. This is not true. With the market crash of 1929 and the subsequent Great Depression, the country fell into economic chaos and floundered under Republican President Herbert Hoover. Prior to that, there were a few rich people, a lot of poor folk and a handful of in-betweeners. Franklin D. Roosevelt became president in March of 1933, quickly launched new legislation and executive orders that would become known as the New Deal.

The New Deal increased taxes on the wealthiest Americans, increased corporate taxes, regulated banks and Wall Street, created government programs (social security, unemployment insurance and minimum wage), and created pro-union alliances. FDR’s policies pulled our Nation out of the depression and gave rise to Middle America. In less than a decade, the middleclass would grow to become the largest demographic in the country and the envy of the world—The Great American Middleclass.

From the late 30s through the late 70s America prospered, the Middleclass would live comfortably and we became the undisputed world power. In steps the B-movie cowboy with his traveling show of Reaganomites and the genocide begins. Middle America was forced to save less just to maintain living standards, eventually leading to the necessity of financing their way of life. Wealth transferred from the Middleclass to banks, corporations, the rich got richer and this trend continues today. Wealth disparity now sits at the largest level since the robber-baron days of the late 1800s through the 1920s.

Americans need to act by educating ourselves on what policies actually work based on historic proof. We must not listen to money-influenced mainstream media. We must not let ourselves get polarized (against each other) through agenda promoted by today’s corporate-financed politicians—it’s their tactic to divide and conquer.

Genocide of the Middleclass, begun by Ronald Reagan, must stop. Hopefully the influential power of James Carville will help bring attention to proper change. And maybe, just maybe, the President’s renewed commitment to the middleclass is more than the normal lip-service.

Warren Buffet – Tax Cuts

A couple of weeks ago, Warren Buffet wrote an article in the New York Times that struck a cord. He begins:

“OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched.

While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks. Some of us are investment managers who earn billions from our daily labors but are allowed to classify our income as “carried interest,” thereby getting a bargain 15 percent tax rate. Others own stock index futures for 10 minutes and have 60 percent of their gain taxed at 15 percent, as if they’d been long-term investors.

These and other blessings are showered upon us by legislators in Washington who feel compelled to protect us, much as if we were spotted owls or some other endangered species. It’s nice to have friends in high places.”

Warren Buffet - very honest account.

The disparity of how much we all pay in taxes is incredibly annoying.  Again, Warren Buffet:

“Last year my federal tax bill — the income tax I paid, as well as payroll taxes paid by me and on my behalf — was $6,938,744. That sounds like a lot of money. But what I paid was only 17.4 percent of my taxable income — and that’s actually a lower percentage than was paid by any of the other 20 people in our office. Their tax burdens ranged from 33 percent to 41 percent and averaged 36 percent.”

Class Wars

I agree with the Republicans. I don’t want to pay more taxes but i do want everyone to pay the same percentage. I fail to understand how so many people who define themselves as patriotic cannot see that they are hurting their country. The pride that people take, the money they throw at accountants to help them find every loophole, disgusts me.

The problem is that those who legislate for us tend to be a part of this higher income group, or rely on their donations to keep them in power, since it is money not actions that fuel this democracy. Warren Buffet acknowledges as much when he says: “My friends and I have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice.”

The Majority Want Equal Responsibility

Who among the rich and the politicians would support paying the same percentage of taxes that I do? Probably only those who believe in their country and are patriotic. Sadly. wearing a flag pin on your jacket lapel is not enough.

Please Vote Today. Click Here

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Alon Shalev is the author of The Accidental Activist (now available on Kindle) and A Gardener’s Tale. He is the Executive Director of the San Francisco Hillel Foundation, a non-profit that provides spiritual and social justice opportunities to Jewish students in the Bay Area. More on Alon Shalev at http://www.alonshalev.com/and on Twitter (#alonshalevsf).

Bipartisan Rant: Thank You, I’m Not Alone (by Roger Ingalls)

Often, my head and heart burn with frustration when I can’t find the words or intensity to express myself. Like many people, I have complex thoughts, little spare time and no soapbox to pair vocal-passion with words.

Every once in awhile someone comes along and says exactly what I want to scream to the world. This gift was given to me on Tuesday. My eyes teared-up as I said to myself, “thank you…I’m not alone”.

In a rare bipartisan rant, Dylan Ratigan let all sides have it during his MSNBC show.

I implore you – the readers of this post – to watch this four minute video. It will make you smarter and hopefully move you.

This is the shortest post I’ve written, I can’t add anything to what Dylan Ratigan said. Every point he made was a homerun.

I take solace knowing others see the world as I do and, oddly, it’s comforting to see the growing frustration. Frustration will eventually lead to action.

A change is gonna come!

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Roger Ingalls is well travelled and has seen the good and bad of many foreign governments. He hopes his blogging will encourage readers to think more deeply about the American political system and its impact on US citizens and the international community.

Deficit Straight Talk: Bush Out Spends Obama 3 to 1 (by Roger Ingalls)

I’m tired of the Republican trash talk about how fiscally irresponsible the Democrats are when it comes to government spending and economic policy. Those that point fingers and yell the loudest are usually the ones with something to hide. It’s time to set the record straight.

Republican administrations are responsible for nearly 80% of the $14 Trillion deficit. This massive debt building started with Ronald Reagan and skyrocketed under George W Bush. The chart below must be painful for conservatives to look at, especially for the followship that can comprehend such data (Democrats are in blue and Republicans are in Red, source: U.S. Dept. of the Treasury). Democrats have historically maintained or decreased the deficit while the Republicans recklessly spend.

click chart for larger view

Let’s compare our two most recent presidents. The chart below is from the New York Times and is based on data from the Congressional Budget Office. This chart shows contribution to the deficit from policy decisions made during each administration. Obama’s figures are forecasted as a two term president. As we can clearly see, Bush’s massive debt is three times greater than Obama’s.

click chart for larger view

Most striking is the debt contribution from Bush’s tax cut policy that predominately benefited the wealthiest Americans. This policy change alone increased the deficit by $1.8 Trillion and is the single biggest debt building event in American history.

Conservatives are hell-bent on maintaining the Bush tax cuts arguing they help stimulate the economy by giving the rich more money to invest (a revisit of the failed Reaganomic trickle down philosophy). Just one problem, it doesn’t work. GDP growth during Bush’s presidency was a dismal 1.66% – the lowest since the 1940s. Even if the negative affects of the 2008 financial crisis are removed from the data, the Bush era is still a 60 year low with a GDP of 2.39. During this same six-decade period, the Democrat administrations of Kennedy/Johnson, Clinton and Carter had the best GDP growth performances (5%, 4.3% and 3.7% respectively). Does it get any clearer than that, folks? This data comes from the U.S. Dept of Commerce Bureau of Economic Analysis.

Takeaways:

1)      The Republican policy of lowering taxes to benefit the rich and sold to main-street America as a growth stimulus, does not work. It failed under Reagan and it was catastrophic under Bush.

2)      Republicans spend heavily on defense because it is an easy sell to the public and it benefits big businesses that contribute heavily to their political campaigns. Keep in mind, 75% of the jobs created in America come from small businesses, not the big ones chased by Republican politicians.

3)      To offset their heavy spending, conservatives try to look responsible by cutting social programs that help the poor and elderly. They sell this by highlighting government excesses that they have created in the first place.

4)      Financial policies created by Democrats have historically out-performed Republicans ones because they are inherently balanced with responsible spending and appropriate taxation for a modern society.

Important Note: The Bush tax cuts now expire at the end of 2012. We must hold our representative’s fingers to the fire and make sure they don’t vote to extend this rich man’s benefit package. Again, trickle down Reaganomics never has and never will work!

Closing Challenge: Show me some unbiased government data that even remotely suggests Republican financial policies are better for main-street America than the ones used by Democrats. Real data, not uneducated Tea Party trash talk!

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Roger Ingalls is well travelled and has seen the good and bad of many foreign governments. He hopes his blogging will encourage readers to think more deeply about the American political system and its impact on US citizens and the international community.

Constitutional Treason: Boehner Debt Ceiling Conspiracy? (by Roger Ingalls)

U.S. Constitution – Article 3 Section 3, Treason against the United States, shall consist only in levying War against them, or in adhering to their Enemies, giving them Aid and Comfort. No Person shall be convicted of Treason unless on the Testimony of two Witnesses to the same overt Act, or on Confession in open Court.

(Canter and Boehner from Getty Images)

July 27, 2011, Speaker of the House, John Boehner, admitted that many members of his caucus want to create economic chaos by not approving a new debt ceiling limit. He unwittingly said this on Laura Ingraham’s conservative radio program.

Raising the Debt Ceiling to allow our country to pay its bills has been a relatively routine congressional process since the early 1900s. In fact, it has been elevated more than 100 times since the 60s. A small group of fanatically-right House freshman and Tea Party members are refusing to vote in favor of raising the ceiling until their desired changes to the US Constitution are made. Yes, they want the laws that have governed our country for over 200 years changed or they will send the United States of America into economic chaos.

(from loosechangeguide.com)

These Representatives appear to be using a strategy similar to the warfare tactics used by al-Qaeda when they brought down the World Trade Center. Al-Qaeda destroyed property and killed many people but their goal was to cause financial harm.

The United States is a free-market country and harming it by not allowing payment of obligations, ruining its credit rating and financially crippling its citizens is an act of war. If these House members have discussed, planned or intend to cause economic chaos, as stated by Speaker Boehner, they have commited an act of treason.

As citizens of this still Great Country, we should demand a congressional investigation into the possible treasonous activities of John Boehner and his caucus.

Call, fax, email, text and Twitter your Senators and House members to demand an investigation. Post on Facebook, Twitter, email and call your friends and family to encourage them to do the same.

We must not let a small group of fanatics dictate how we are governed.

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Roger Ingalls is well travelled and has seen the good and bad of many foreign governments. He hopes his blogging will encourage readers to think more deeply about the American political system and its impact on US citizens and the international community.

The 1981 Epoch: Ronald Reagan’s Genocide of the Middleclass

Staring at the extinction of their middleclass way of life, you’d think Americans would be ‘mad as hell and not going to take this anymore’.

It is mind boggling that so many Americans have a god-like fascination with Ronald Reagan. This is the man who set in motion the financial gang-raping of the middleclass. Unbelievably, a significant portion of Middle America still loves the man. Why? Is it some sort of Battered Wife Syndrome, the ongoing reality-clouding propaganda by Citizens United or is the conservative middleclass too embarrassed to admit that they were duped by Reaganomics?

But, here we are, repeating stupidity. Instead of trying to reverse Reaganomics, we are now trying to enhance it; more tax cuts for the rich and for corporations, more union busting, deregulation and privatization of government programs.

To increase our understanding, let’s review history: today, many Americans believe that middleclass society magically appeared with the birth of our nation and grew over time. This is not true. With the market crash of 1929 and the subsequent Great Depression, the country fell into economic chaos and floundered under Republican President Herbert Hoover. Prior to that, there were a few rich people, a lot of poorfolk and a handful of in-betweeners. Franklin D. Roosevelt became president in March of 1933, quickly launched new legislation and executive orders that would become known as the New Deal.

The New Deal increased taxes on the wealthiest Americans, increased corporate taxes, regulated banks and Wall Street, created government programs (social security, unemployment insurance and minimum wage), and created pro-union alliances. FDR’s policies pulled our Nation out of the depression and gave rise to Middle America. In less than a decade, the Leave It To Beaver and Ozzy And Harriet society would grow to become the largest demographic in the country and the envy of the world—The Great American Middleclass.

From the late 30s through the late 70s America prospered and the Middleclass would live comfortably. In steps the B-movie cowboy with his traveling show of Reaganomics and the 1981 epoch begins. Middle America starts to save less to maintain living standards, eventually leading to the necessity of financing their way of life. Wealth transfers from the Middleclass to banks, corporations and the rich get richer. Wealth disparity now sit at the largest level since the robber-baron days of the late 1800s through the 1920s.

We need a call to action. We need leaders with intellect and integrity but most importantly we need leaders with the political will of FDR. We need a champion of the Middleclass.

Americans need to act, educating ourselves on what policies actually work based on historic proof. We must not listen to money-influenced mainstream media. We must not let ourselves polarize against each other with agenda promoted by today’s corporate-financed politicians—it’s their tactic to divide and conquer.

Social media can be the great equalizer; we’ve seen its power in the Middle East. We can use it to educate, organize, create an agenda and protest. Once we have an alliance with critical mass, change will come. Here’s an example: use social media to organize home owners to not pay their mortgages for a few months. Even if a portion of home owners participated, the financial institutions would be chewing on the politicians’ asses to find a resolution before the markets tank.

Change is easier than we realize.

Genocide of the Middleclass, begun by Ronald Reagan, must stop.

-Roger Ingalls

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Roger Ingalls is well travelled and has seen the good and bad of many foreign governments. He hopes his blogging will encourage readers to think more deeply about the American political system and its impact on US citizens and the international community.