More Gloom & Doom for the One Percenters From the New York Times.
A Libertarian Friend sent me a link to the New York Times. Reporter Chrystia Freeland believes the top 1% of income earners in the U.S. are so busy protecting their own piles of wealth that the rest of us can no longer rise in the world and escape our own class. Predictably, she tells us that it’s much better in Europe if you want to rise into a higher class.
|The temptation is to abandon ship.|
Surprisingly, I agree with Ms. Freeland with regards to the 1% oligarchy protecting it's own butt. That's what I've been saying for years. What I don’t agree with is who she and the pundits of the NY Times see as the saviors of the middle class.
The Dems had every opportunity to do something about the often pitifully low tax rates enjoyed by the super-wealthy, simply by closing loopholes in the tax codes. They don't. They never do. They spout all this crap about the unfairness of it all and then they sell their souls behind closed doors for campaign contributions, weaving elaborate money protection schemes into the tax codes to protect the very people they castigate publicly. Oh, yeah, they’ll bump up the tax rate all right, but it won’t affect the 1%. They will continue to buy protection for their own fat piles of money.
The ones that will get hammered are the working wealthy – the ones trying to break into the upper income brackets. It’s the job creators that will become the actual victims of all the Occupy/Progressive symbolism. The Dems are not trying to end the class system. They’re trying to make it fair!
And the tea party, the group that most opposes the elitist sweetheart deals the giant corporations get from the government and who believe that abusive financial giants should be allowed to come crashing down instead of getting bailed out by the rest of us when their card houses come fluttering down – we are the ones who get castigated as extremists by both the left and the so-called` moderates in our own party. The Libertarians aren’t any better. They offer us legalized marijuana, conspiracy theories and isolationism and not a snowball's chance in hell to win an election.
The heartland is increasingly left with nowhere to go, politically.
I think we may be at the fall of the empire. The mainstream media and academia all believe we should trade the corrupt wealthy elitist manipulated mess we have now for a big bloated elitist government spouting progressive rhetoric while continuing to support the exact same corrupt wealthy elitist manipulated mess we have now.
The only hopeful thing going in American business right now is a burgeoning free market space industry. I think a lot of people would like to get off the planet, go somewhere and start over and leave Earth to stew in the vast swamp of its own corruption.
I think the private space race may be a manifestation of this feeling we all have that we need to get out of here before it all blows up in our faces. Look at the people that are driving it – working wealthy entrepreneurs like Paypal billionaire, Elon Musk and Virgin Galactic founder Richard Branson working with aerospace cowboys like Burt Rutan and Robert Bigelow. Those are the guys that will get squished by the progressive’s misguided efforts to “make ‘em pay”. I think most Americans are beginning to suspect that all this is going to end badly.
It would be kinda fun, though if He had to pick some of us up off the moon or Mars, though when he does come.
Tom (c) 2012