The world financial wealth is $95.5 trillion. This is the cash that keeps the capitalist system running now, what happens when there is 8 percent or $7.6 trillion missing? This is money, which is not circulating in the system, such as wages paid or being spent on durable goods that would need to replaced eventually, stoves, or washers and dryers. It is just a loss to all except the hoarders of the $7.6 trillion.
To make matters worse, there is also $190 billion lost in taxes worldwide, $35 billion just in the U.S. and this is money that has to be made whole by the 47 percent. Once again, cash taken out of the capitalist system in ways like pay for our federal, state, county and city government workers, law enforcement, firefighters, infrastructure, schools, colleges, and renewable energy exploration. All would make for good jobs we need, but with no cash no jobs can be created. Our taxes are making up for what these thieves are hiding in other countries. Their excuse is that it’s not illegal, and they’re right. It may not be illegal, but it is immoral, unpatriotic and a sign of mental illness.
This is going on all over the world and now we, the 99 percent, know about the theft by the oligarchies and how they are being exposed by the Panama Papers. We can turn something like this around during this election year by electing the right people.
Think Bernie Sanders for president, Tim Canova to replace Debbie Wasserman Schultz out of her Florida Congressional seat, support Occupy and don’t forget to continue to fight for $15 an hour minimum wage. We have to clean house of all Tea Party and uncooperative GOP members and Blue Dog Democrats so we can turn this country around. If Bernie gets elected, he’ll need people like Zephyr Teachout in New York, Pramila Jayapal in Seattle and Lucy Flores in Nevada. Don’t give up hope--VOTE.
In 2012 more than a quarter of all political contributions came from just 30,000 people who represented the 1 percent of the 1 percent, 90 percent who spent the most won. Today, we are an experiment in either a democracy, which started in 1787 or an oligarchy, which is winning. The nonunion people, like Trump and Musk, have most all the tools in their pockets to destroy our unions. They have money, they have the courts, they have law enforcement, they have the media, and 50 percent of workers that don’t know this don’t know the history of the working class people. This is the perfect storm to lose all the gains workers have made whether they’re union or not, even our Social Security and Medicare, and the Affordable Care Act. So, now we will have to go way back to the late 1920s and ‘30s and dig up the old labor party books. One book, written in 1964, has the information, The Rebel Voices, an IWW Anthology by Joyce L. Kornbluh, educator, activist, and advocate. The history of our labor...
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