I'm not a businessman. I'm a business, man.
Obama’s new online petition joke that was launched to give the illusion that our voices are heard are going about as well as expected.
To many Americans, Washington is fundamentally broken. While corporations enjoy record profits and executives reward themselves with million-dollar bonuses, lobbyists have gamed the system so corporate behemoths like ExxonMobil and GE pay zero corporate income taxes. During the economic crisis, with high unemployment and stagnant wages, middle class Americans seem to be bearing the sacrifices. Riding a wave of this popular discontent, Republicans won a historical congressional election this year by channeling anger against “Beltway insiders” and Washington corruption.
Perhaps to the surprise of many Tea Party populists who helped elect them, the Washington Post reports, “Many incoming GOP lawmakers have hired registered lobbyists as senior aides. Several of the candidates won with strong support from the anti-establishment tea party movement.” These lobbyists are not public servants. They are experts at carving out special deals and tax giveaways to powerful corporations:
Way to go America.
“The tax cuts compromise brokered by President Obama and congressional Republicans will cost more than the 2009 economic stimulus, according to estimates from the Congressional Budget Office.
The CBO expects the tax cuts deal to cost $858 billion over 10 years, while the American Reinvestment and Recovery Act had a cost of $787 billion. A Congressional Research Service study shows that the extension of all of the Bush tax cuts for two years will cost $675.2 billion over ten years.
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~ CBO: Proposed Tax Cuts to Cost More Than Stimulus • Progressive Nation
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.”
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-Charles Mackay, historian