Skip to main content

Dear Americans: get ready to say goodbye to what is left from your social state!


Since the Dark Ages of the Reagan administration that opened Pandora's box to unleash the destructive forces of neoliberalism and financial capitalism, the US social state has suffered multiple hits to the point that is barely alive in our days.

While working class wages remained almost flat for decades, the social state has been almost eliminated and the American families were being forced into a vicious circle of increased debt to cover even their basic needs.

The main cause of this ugly situation was always the continuous tax breaks in favor of the wealthy elite. Plutocracy was getting richer not only directly through tax cuts, but also by making business and speculation in economic areas that were traditionally provided publicly in previous decades: health, education, housing.

As people were fed up with the classic bipartisan politicians, fully aligned with the neoliberal establishment, Donald Trump came as an unpleasant gift for the elites to fulfill their goals, which, basically, are 'business as usual': more tax cuts, more for-profit wars, further deregulation in every level, total destruction of the social state.

Many argue that everyone will be benefited from the recent disastrous more-tax-cuts-for-the-plutocracy bill passed by Trump administration. In reality, Donnie and his wealthy friends tricked again the working class with a small piece of cheese in the bait. Except that the tax cuts are enormous for the elite compared to those for the working class, the total implications for the vast majority of the Americans will be more than serious.

Aaron Maté of the Real News speaks with William K. Black to uncover the ugly truth behind the bill:

As Maté says:

So, this corporate tax rate now is going down to 21%, and that's permanent. But yet, with these bonuses from say ATT and Comcast of a thousand dollars to their employees, those aren't recurring bonuses. They're a one-time bonus of one thousand dollars. So, the employees get one thousand dollars once. These companies get a massive cut to 21% for life.

Black continues:

It's actually of course worse than that. You're quite right in what you've said, except that two things have to be kept in mind.

One, these companies were going to do it anyway. They were going to raise wages for this small segment, for example, in Wells Fargo's case, because they had operational needs to do that anyway. So this has nothing to do with the Trump tax cut. It is pure theater.

And second, not only are the corporate tax cuts permanent, but if the logic is tax competition, the United States needs to cut its corporate tax rate to compete with Ireland and such. Well, what are Ireland and other nations going to do that are in competition with us if we slash our corporate tax rate? They're going to cut their corporate tax rate as well, and there are a number of countries already beginning that process.

And then, the logic is going to be, we need to make further cuts in our corporate tax rate, and of course this "logic" inexorably leads you to have zero corporate tax rate, which is what their real goal is. And by the way, they are open behind the scenes in terms of conservative economists that that's exactly what they want to produce.


Zero corporate tax rate equals definite death of the social state. Instead of going forward, the American society slips into another dark age of corporate Feudalism. That's why Bernie Sanders fought so fiercely against the latest tax bill. As Bernie states:

This is why the Koch brothers are spending so much money to see this legislation passed. Their family will benefit to the tune of some 30 billion dollars. So, spending a few hundred million dollars to elect people like Senator Cruz is pocket change if your family is gonna get 30 billion.

We had a young lady coming up here talking about the cost of college. I think it makes a lot more sense for us to make public colleges and universities tuition-free and lower student debt rather than give the Walton family up to 50 billion dollars in tax breaks.



Comments

Popular posts from this blog

Confirmed: Alex Jones' popularity rises after Infowars banning from social media

globinfo freexchange
We wouldn't expect to be confirmed so fast on this.
A few days ago in the article IT and social media supergiants have just made Alex Jones a hero in the eyes of the ultra-conservative audience, we wrote that Alex Jones' wet dream has just become reality thanks to the combined move by Facebook, Apple, YouTube and Spotify to ban Infowars. These private IT and social media companies couldn't give a better gift to him right now. At a time where Infowars was going through a saturated period according to the best scenario, the corporate giants actually saved it with that stupid(?) strategy.
Suddenly, a corporate branch of the liberal establishment gave real value to Alex Jones' awful performance, pretending to be the 'anti-establishment' hero - just like Donald Trump - and made him a real hero in the eyes of the ultra-conservative audience that has been brainwashed by his absurd conspiracy theories.
Only a couple of days later, Kyle Kulinski of the…

Corporate media begin typical operations to make progressives comply with the establishment

The operations will multiply and become more aggressive towards 2020
globinfo freexchange
Corporate media of the ultra-conservative side made already a ridiculous attempt to present Alexandria Ocasio-Cortez as totally unreliable. In the video, TYT hosts analyze very well the specific strategy followed by Conservative Review TV.
The strategy is quite simple: you create a fake video, you upload it on social media and after being watched by thousands you admit that it was created for satire purposes. Yet, the propaganda will be definitely effective because only a small portion will notice that this was satire. Most of the viewers (especially from the conservative audience that has been heavily brainwashed for decades to love corporate America and believe whatever comes from the Fox apparatus) will believe whatever transmitted from the ultra-conservative propaganda machine.
But the corporate media of the liberal side have a very big problem right now. It is almost impossible to start an open …

While you've been occupied with that Infowars-banning story, the establishment machine already started a covert censorship operation against leftist independent media

globinfo freexchange
Developments are coming like storm. Just when the prediction that Infowars banning will actually strengthen Alex Jones' popularity became true, it seems that our second 'prophecy' (and prediction by many progressives), also becomes true. According to this, Infowars banning will be used as a blueprint by the establishment machine to shutdown progressive independent media and voices, based on that 'fake news' narrative.
We wrote that a corporate branch of the liberal establishment gave real value to Alex Jones' awful performance, pretending to be the 'anti-establishment' hero - just like Donald Trump - and made him a real hero in the eyes of the ultra-conservative audience that has been brainwashed by his absurd conspiracy theories.
Max Blumenthal speaks with Aaron Mate and gives details about Alex Jones' dark role in the whole story:
Alex Jones has always served establishment priorities. First, by taking the 9/11 truth movement, whi…

‘I knew and approved the assassination of Maduro’ claims TV show host

globinfo freexchange
Peruvian journalist Jaime Bayly claimed in his TV show Bayly, that he was aware and had personally approved the attempted assassination of Venezuelan President Nicolas Maduro.
"My reliable sources have called me and told me 'on Saturday we will assassinate Maduro' and I told them 'do it'," he said in his show and added: "When they asked me if I would condemn their move I replied that if they want I can buy them another drone."
Referring to Maduro, the journalist called him to be on alert. "My friends," he said, "are very capable, they have already scared you and there are more to come".
In a press conference, Maduro wondered how it is possible a host of a show in the US stating openly that he was aware of the attempted assassination.
Info from:
https://info-war.gr/gnoriza-kai-enekrina-ti-dolofonia-madoyro-ischyrizetai-paroysiastis-sto-maiami/

Meanwhile, Venezuelan Attorney General, Tarek William Saab, announced Wedn…

How normal human behavior became a false mental disorder epidemic

globinfo freexchange
In the early nineties, an epidemic of mental disorder was sweeping America and Britain. It had been uncovered by a new system for identifying disorders. Psychiatry had been attacked for relying on the personal and fallible judgement of psychiatrists.
But instead, a new objective method based on checklists had been invented. These listed only the objective symptoms, and deliberately did not enquire into why the individuals felt an anxiety. In the late 80s, nationwide surveys had revealed an incredible picture: more than 50% of Americans suffered from mental disorders.
But at the very same, the drug companies had announced that they had created a new type of drug, called an SSRI, which they claimed, targeted the circuits inside the brain that were causing these malfunctions. The SSRIs were marketed under names like "Prozac". What they did was alter the amounts of serotonin that flowed across the circuit connections within the brain, and they readjusted the …

The US empire was always conducting trade wars that even included deliberately created cartels

globinfo freexchange
Donald Trump is using his trade wars to support the part of the US capital that has heavily lost from free trade globalization, which is more powerful than ever in our days. This is also part of the Trump agenda to persuade Americans for his "patriotic devotion" based on his "America First" slogan.
The reality is that the US empire was always conducting trade wars that included not only tariffs on specific products, but even deliberately created cartels.
In the early 90s the Clinton administration uncritically adopted the neoliberal doctrine from Ronald Reagan and continued the big fraud against the majority of the Americans.
On the one hand, the Clinton administration was selling the big fairy tale of neoliberalism to the American public: free market capitalism would bring prosperity for all through that trickle-down fiasco. And it was translated, as always, in further cuts in public spending - more tax-cuts for the super-rich. On the other hand, …

Why the rapidly escalating and most disgusting propaganda against Jeremy Corbyn is actually a good sign

failed evolution
In the UK front, the liberal establishment machine is escalating its propaganda campaign against Jeremy Corbyn through that 'anti-Semitic' smearing. In reality, his only 'crime', of course, is that he is too lefty for the totally-occupied-by-neoliberalism Britain.
After the collapse of that ridiculous Skripal case - that ended to an embarrassing fiasco for the Western clowns - the establishment machine in the UK gave up its campaign to smear Jeremy Corbyn as a Russian stooge.
The new 'brilliant strategy' of the establishment tools is simply to paint Jeremy Corbyn as 'anti-Semite'. Which is actually the permanent smearing by the mainstream media and the liberal political center - many have been bought by the Israeli lobby- against anyone who has the ‘audacity’ to condemn the Israeli crimes against Palestinians.
The logical leap in this case is literally ridiculous: if you condemn the Israeli crimes against Palestinians, immediately means tha…

The establishment tools have recently eliminated a very promising progressive - here is how they did it

globinfo freexchange
In the following video, Kyle Kulinski describes how he schooled Fox tools on progressive policies. The debate was set up on the occasion of another 'interview' (4:18 - 5:22 in the video) in which Cori Bush appeared to be quite unprepared to deal with Fox’s aggressive style. Unfortunately, shortly after this ugly attack, Cori Bush, a very promising progressive, lost in primaries, and 'surprisingly', most of the establishment media (both liberal and conservative), indirectly welcomed the result with a kind of relief.


Many progressives reacted with a kind of embarrassment on Cori Bush's response, yet in reality she did nothing wrong. It was certain tactics by the Fox tool that made Bush appear unreliable, and in this case, these tactics were (unfortunately) successful.
Examine again the video.
First of all, the Fox tool literally invaded in the place and started aggressively asking questions to Cori Bush about that tax issue. The tactic is very common…

Retired US army colonel implies that a war with Iran could start with a Vietnam-type false flag operation

globinfo freexchange
After Tucker Carlson brought additional embarrassment to the pseudo-Left warmongering liberals with his anti-war positions, he tried to make Trump appear, more or less, as a kind of peace defender. He was joined by Douglas Macgregor, a retired US Army Colonel.
Both Carlson and Macgregor attempted to blame Trump's warmongering officials and the war lobby for the fact that another devastating war, this time with Iran, becomes more and more possible. The truth is slightly different because Trump has enormous responsibilities for this development too. He was from the start very hostile against Iran, he did everything in his power to kill the Iran nuclear deal and put the most bloodthirsty, anti-Iran neocons in key positions.
Yet, it would be worth to focus on a peculiar statement by Macgregor at the end of this short interview. As he said:
           You and I know that there are lot of people who would welcome conflict with Iran, that's obvious. I think the presi…

WikiLeaks paper shows France & UK pioneers behind Libya breakup

On March 16, 2016 WikiLeaks launched a searchable archive for over 30 thousand emails & email attachments sent to and from Hillary Clinton's private email server while she was Secretary of State. The 50,547 pages of documents span from 30 June 2010 to 12 August 2014. 7,570 of the documents were sent by Hillary Clinton. The emails were made available in the form of thousands of PDFs by the US State Department as a result of a Freedom of Information Act request. More PDFs were made available on February 29, 2016, and a set of additional 995 emails was imported up to February 2, 2018.
globinfo freexchange
A letter from Clintons' top advisor Sidney Blumenthal to Hillary Clinton in early March, 2012, reveals that two of the Western neocolonial powers, France and UK, were trying to breakup Libya in order to secure a privileged place upon the Libyan corpse for their big companies. It appears that both Sarkozy and Cameron, as well as their intelligence services, were working closely…