Wednesday, July 27, 2011

You and Millionaires - Let's Compare

Political and corporate pals - BFF

Both political parties in congress are pretending to debate about the debt ceiling, the national debt, and our annual budget. But it's pretty much common knowledge that the big banks and corporations run congress, and henceforth, this country. So any "deal" will always screw the working-class for the benefit of those who control the money supply and our legislators. As usual, we'll ALL be screwed again.

One hundred bucks - A "C Note"

One Hundred Dollars - $100 USD - The most counterfeited denomination in the world. Because I've been unemployed for 2½ years during the Great Recession, I get two of these every month from the State of Nevada in the form of food stamps so that I can eat. People collecting unemployment insurance benefits receives an average of 3 of these every week to pay all their monthly bills.

A nice fat wad in the pocket of a millionaire.

Ten Thousand Dollars - $10,000 - Enough to buy an average 5-year-old used car. This is about what the government defines as poverty if you are single with no children. Four stacks of these would equal the median income wage in the U.S. before taxes, which averages about 25% for the middle and working-class.

What 4 congressional leaders earn in one year.

One Million Dollars - $1,000,000 - This is 25 years of work for you. Republicans don't want to tax those earning over this amount, who only pay about 15% in taxes WITHOUT loop-holes....and many times ZERO% WITH loopholes. CEOs and bankers pay themselves this amount in multiples every single year, while at the same time gouging you in the fine print in your monthly bills.

Goldman Sachs bonuses.

One Hundred Million Dollars - $100,000,000 - Plenty to go around for everyone. Fits nicely on a standard sized pallet. The salary of a hedge fund manager? Billionaires have several of these pallets tucked away in various off-shore bank accounts and don't pay U.S. taxes....and that's another reason why America is going broke and has budget shortfalls.

Koch brothers, Bill Gates, Steven Jobs, etc.

One Billion Dollars - The big banks got those 10 pallets X 700 from the the hard-working taxpayers in their TARP bailouts. Those like the Tea Party backers, such as the Koch brothers, each have 200 pallets apiece - but yet they still want to cut Social Security and Medicare for you and me. Why?

In off-shore bank accounts.

One Trillion Dollars - $1,000,000,000,000 - When the U.S. government speaks about a 1.7 trillion deficit - this is the volume of cash the U.S. Government borrowed in 2010 to run itself. If you spent $1 million a day since Jesus was born, you would have not spent $1 trillion by now. It's also what BIG BUSINESS has stashed on the "sidelines". They are not investing it or creating jobs - but the Republicans call these people "job creators", and says we shouldn't tax them. (That's me by the truck begging for a sandwich to eat.) Click any image to enlarge for better detail.

Where's my disability check?

Now look at that same $1 trillion dollars compared to a standard sized American Football field and European Football field. Say "hello" to the Boeing 747-400 transcontinental airliner that's hiding on the right. Boeing doesn't pay taxes and gets government contracts and subsidies too! They recently moved to South Carolina to bust a labor union. Apple computer (who likes using cheap Chinese labor to displace American workers) was the first company to ever be expected to break the $1 trillion dollar market cap. Republicans don't want to tax these "job creators" either.

Does not include Fort Knox.

15 Trillion Dollars - $15,000,000,000,000 - This is about what the U.S. national debt is expected to be by Christmas 2011. But the Republicans don't want to tax those with the billion-dollar stacks to help pay this debt down. They'd rather cut spending on the food stamps that I need to eat.

Our buildings and bridges are crumbling.

114.5 Trillion Dollars - $114,500,000,000,000. - U.S. unfunded liabilities* - You can see the pillar of cold hard $100 bills that dwarfs the WTC the Empire State Building, which at one time were the world's tallest buildings. The U.S. no longer has the tallest buildings. American corporations now prefer to build in foreign countries. If you look carefully you can see the Statue of Liberty. Remember what that used to stand for?

The 114.5 Trillion dollar super-skyscraper is the amount of money the U.S. Government will ultimately need going into the future to fully fund Medicare, the Medicare Prescription Drug Program, Social Security, our military and congressional pensions.

But those earning a million dollars a year or more do not want to contribute to this....

Political and corporate pals - BFF

...THEY don't NEED Social Security, and their Republican civil servants in congress will see to it that the millionaires and billionaires won't have to pay their share. Your reprehensible "representatives" will only cut what YOU need.

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(*The unfunded liability is calculated on current tax and funding inputs, and future demographic shifts in U.S. Population.)

1 comment:

  1. With almost 2 trillion on the sidelines, the only thing the wealthy need worry about is debt ceiling, because it would drop the value of the US dollar. But even then, they won't have to worry about food or shelter.