Sunday, March 06, 2011

Moore in Madison

Michael Moore makes sense of the situation once again:

America is not broke.

Contrary to what those in power would like you to believe so that you'll give up your pension, cut your wages, and settle for the life your great-grandparents had, America is not broke. Not by a long shot. The country is awash in wealth and cash. It's just that it's not in your hands. It has been transferred, in the greatest heist in history, from the workers and consumers to the banks and the portfolios of the uber-rich.

Today just 400 Americans have more wealth than half of all Americans combined.

Let me say that again. 400 obscenely rich people, most of whom benefited in some way from the multi-trillion dollar taxpayer "bailout" of 2008, now have more loot, stock and property than the assets of 155 million Americans combined. If you can't bring yourself to call that a financial coup d'├ętat, then you are simply not being honest about what you know in your heart to be true.

Once again the question must be asked: Why have no bankers gone to jail?

So instead of taxing the plutocratic 400, we impoverish those who teach our children every day?

America needs to get its head screw on straight again.

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