Intro

It's time for a reality check ...

Maybe we’ve reached the point of diminishing astonishment.

But I suspect that much of what we’re hammered with every day really doesn’t make much of an impact on most of us anymore. We’ve heard the same stories too often. We’ve been exposed to the same issues for so long without any meaningful resolution. We recognize that reality is rapidly becoming malleable, primarily in the hands of whoever has the biggest microphone. How else can we explain a society where myth asserts itself as reality, based entirely how many hits it gets online?

We know that many of the “issues” as defined are pure crapola, hyped by politicians on both sides pandering to “the will of the people,” which is still more crapola. Inevitably, it’s not the will of all the people they reflect, but the will of relatively small groups of people with disproportionate political influence.

Nobody wants to face up to the realities of the issues. Nobody wants to say what’s right or wrong – even when it’s obvious and there are numbers to back it up. Most of us are afraid to bring up the realities for fear of being accused of being insensitive or downright mean.

So we say nothing. Until now.

It’s time for a reality check on the fundamentals – much of which is common knowledge to many of us, already. But it might be comforting to know you are not alone …

Friday, September 4, 2015

Well of course the system is rigged …

Bernie Sanders has been saying this.  So has Elizabeth Warren, Obama, and others.

I agree with them. The system is rigged. Has been for a long, long time.

Liberal Democrats claim it’s rigged to benefit the rich and powerful. Because it’s always good to have a victim, they like to add:  “at the expense of the poor and middle class.”

However, like much of what they say, that’s only half true.  And hypocritical, for sure.  Many of their revered liberal “lions” are rich and powerful themselves and got that way by working the system or by using every tax loophole available to protect vast inherited fortunes.

Do you think the current Kennedys – like Caroline, who got to be ambassador to Japan simply because she’s a Kennedy – made their fortunes by babysitting, mowing lawns or painting houses?  Do you think a dim-witted sniveling weasel like Harry Reid went from being an amateur boxer to now a multi-millionaire on pure intellect alone?  What about Hillary, who parlayed $100,000 into millions overnight on her first futures trade? 

It takes big ones to grandstand against a rigged system that’s payed off big time for you. 

But before you think it’s only the Democrats, think again. Republicans are no better. They rig the system for the same reasons as Democrats.   

While claims that the system’s rigged at the expense of the poor and middle class may make for good stump speeches, these ignore why the system’s rigged in the first place.

The system is rigged for no other reason than to keep things exactly as they are – the poor comfortably poor and compliant; the middle class increasingly dependent and docile; and the rich comfortably protected from the poor and middle class.    

Politicians in both parties have rigged the system shamelessly to these ends. 

The poor get just about everything they need to make poverty not only less painful, but also more respectable.  Between the subsidies and expansion of entitlements, most “poor” families can now enjoy what used to be a middle-class lifestyle. In some cases, they’re actually better off than their middle-class counterparts when it comes to healthcare and phone and internet services.  And with credit-card-like EBT cards good at ATMs, there’s no embarrassment being on the dole. 

The middle class has been made docile by Federal tax credits for just about everything. With all the available exemptions and credits, hardly anyone pays any Federal income tax. When they see how much they could have to pay, and then see how little they finally have to pay – or how much they’ll get back in many cases – they think it’s a great deal. The idea that the Feds are merely sending back some of their own money never seems to register. 

Meanwhile, despite all the vilification of the rich by some, the rich are enabled to stay rich. Artfully crafted parts of the tax code protect them and their assets. And who crafted these loopholes?  Why, Republicans and Democrats together.

Despite the rhetoric about the rich not paying their fair share, the rich and near rich foot the bills for just about everything already. The poor and lower middle class pay the least and get the most benefit in return. You’ll never hear anyone in the political establishment admit this but it’s true.

In reality, a relatively tiny fraction of the population pays the overwhelmingly majority of what the Feds get in personal income taxes.  Almost half the population pays little or no Federal income tax at all because of various credits and offsets – some actually get “refunds” greatly in excess  of whatever, if any, Federal income tax they paid. And it’s all completely legal. 

So, far from being rigged exclusively to benefit the rich at the expense of the poor and middle class, the system’s actually rigged for the benefit of the poor and middle class, at the expense of the rich. 


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