The adage that says ‘a capitalism will sell you the rope to hang him with’ comes to mind while reviewing the latest round of Feed the Rich that is going in in the United States.  It is frightening the pace at which the plutocrats are lining their pockets and fleecing the general population of the United States.

The dogmatic slumber brought on by the corporate class has never seemed so intense and impenetrable as it is now under the current Republican administration.  Grievous actions and policy just seem to float by carried on waves of expressed outrage, but tangible action/opposition never results.   If the US was a functioning democracy, the streets should have been and still should be filled with people decrying the malfeasance being carried out in their name.   But what is happening – crickets, and very quiet obsequious ones that that.

So, it is time to stoke some anger and rage at the current political order.  Le me help you get started with this snipped from an article by Paul Street writing for Counterpunch.

 

“Here we are now, half a year later, careening into a dystopian holiday season. With his epically low approval rating of 32 percent, the orange-tinted bad grandpa in the Oval Office has won a viciously regressive tax bill that is widely rejected by the populace. The bill was passed by a Republican-controlled Congress whose current approval rating stands at 13 percent. It is a major legislative victory for the Republicans, a party whose approval rating fell to an all-time low of 29 percent at the end of September—a party that tried to send a child molester to the U.S. Senate.

The bill itself had an approval rating of 25 percent prior to passage.  No wonder. The arch-plutocratic tax “reform:

+ Drastically slashes the corporate tax rate without closing loopholes and deductions that allow the nation’s already cash-flush corporations to register their profits overseas and while doing nothing to switch corporations’ focus from maximizing short-term returns to investing in the creation of more jobs and higher wages.

+ Encourages corporations to invest in automation without offering any assistance to displaced workers.

+ All but eliminates the estate tax for the nation’s richest families.

+ Adds $1.5 trillion to the nation’s debt over the next decade, setting the stage for major slashes to the nation’s three biggest social insurance programs – Social Security, Medicaid, and Medicare (they will be cut back in the name of “scaling back” so-called entitlement programs to “reduce the deficit.”)

+ Gives a major tax cut on profits multinational companies have stashed in offshore tax havens.

+ Cuts taxes on “pass through” businesses – a benefit that will be disproportionately enjoyed by the rich.

+ Makes it easier for rich people to classify themselves as businesses to get a tax break.

+ Increases the complexity of the tax code.

+ Tightens deductions for lower- and middle-income wage-earners.

+ Subsidizes private and religious schools, a boon to corporate school privatizers and the religious right.

+ Repeals Obamacare’s individual mandate, which will leave millions without health insurance and raise the cost of health insurance.

The GOP tax bill rewards the already rich and punishes the poor at “a time,” The Atlantic notes, “when post-tax corporate profits have hovered at a record-level high for the last seven years, and the 1 percent’s share of total income is higher than at any time in the second half of the 20th century.” It is what New York Magazine calls a huge windfall for the wealthiest Americans.”  It is “certain to exacerbate income [and wealth- P.S.] inequality at a time when the playing field is already heavily tilted to towards the rich.”

The New Gilded Age is slated to become yet more grotesquely unequal. As Trump might, it’s unbelievable. The nation’s economy is already so savagely unequal that the top 10th of its upper 1 percent owns as much wealth as its bottom 90 percent. Its corporations are raking in record profits. Half of its citizens have no savings. Half its population lives in or near poverty. Twenty-one percent of its childrenare growing up at less than the federal government’s notoriously inadequate poverty level, and 41 million Americans—12.3 percent of the population—are “food insecure.” Not disparate enough!

The dismal, dollar-drenched Democrats, the party of “inauthentic opposition,” are hardly more popular than the radically regressive Republicans.”

If there was ever time for a third party in the US, it would be now.

 

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