Wealth Inequality

From Rutherford B. Hayes, President of the United States (1877-1881):
“In church it occurred to me that it is time for the public to hear that the giant evil and danger in this country, the danger which transcends all others, is the vast wealth owned or controlled by a few persons. Money is power. In Congress, in state legislatures, in city councils, in the courts, in the political conventions, in the press, in the pulpit, in the circles of the educated and the talented, its influence is growing greater and greater. Excessive wealth in the hands of the few means extreme poverty, ignorance, vice, and wretchedness as the lot of the many.”
Here we have the rationale for overturning the 2010 U.S. Supreme Court decision “Citizens United,” which grants corporations the right to spend as much money as they wish to control the outcome of our elections and insure total control over our lawmaking processes.
Will such a measure be sufficient to right the ship? Of course not, but it’s a great first step, to be taken along with restoring the taxation of the rich and corporations that we had before the “trickle-down economics” hoax of the Reagan era.
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One comment on “Wealth Inequality
  1. Scott McKie says:

    The thing that most people don’t know about Ronald Reagan — and which no Republican will speak of: is that Ronald Reagan was “bought and sold” by California money — which “bought” him the California Governorship.
    I know — I was living in California and the time and witnessed it all.

    Reagan was originally a Democrat, who idolizing Roosevelt, copying Roosevelt’s “folksy style” / “…offer comfort to the common man…” way of speaking: until he changed his politics — because he was making alot of money as an actor (even though he was totally disaster / lousy at it) –finding that he was having to pay a lot of taxes — which was the tax situation back then.

    So he changed political parties — just to keep as much of his money as he could.

    Sound familiar?

    It should — because it is the “cry” of any and all Republicans — they want to keep as much money as they can.
    And everything; that all of us use: has to be paid for by the “other guy” though “his taxes”.

    This is better known as “trickle-down economics”.

    And knowing this — is there any reason to doubt “why” present day Republicans are being led by Donald Trump?