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Text 11968, 133 rader
Skriven 2014-01-02 19:18:25 av Lee Lofaso (2:203/2)
Ärende: Corporate Socialism
===========================
Hello Everybody,

Corporate Socialism.  What the hell is that?
Socialism for the wealthy, of course.
Sweden has it.  The USA is getting there.
But nobody wants to believe me.  At least,
nobody in the USA.  Swedes have known this
for years, and never question my wisdom.
However, Americans (or USAians) are rather
dense.  Especially when it comes to numbers.
So I'll explain it to you, in very simple
terms, that even American schoolchildren
can understand -

Government benefits (handouts) available
to the working poor (Karl Marx loved that
phrase) represent taxpayer assistance
(handouts) to those who work for low wages
(the minimum wage) for corporations and
other (wealthy) employers whose profits
have never been higher.

That is Economics 101.  Karl Marx and his
buddy Frederick Engels understood it.  And
so does Barack Hussein Obama.  You don't
believe me?  Look at his record -

Even though wages have been stagnant or
depressed, the Dow Jones Industrial Average
has broken the 16,000 mark, and continues
to climb to new record highs.  Why?  Because
federal subsidies (handouts) to the workforce
(minimum wage workers) made it possible for
corporations to make record profits.

In other words, the federal government pays
part of the wages that corporations should be
paying their workers.  Corporate Socialism.

The Republican Party in the USA is taking
its cue from Sweden, which got the idea from
Louisiana.  That's right.  Blame it on the
Kingfish.  Huey P. Long started it all way
back in the 1930s, his vision being to make
every man a king.  You think I'm off my
rocker?  I kid you not -

Louisiana has no minimum wage law.
Sweden has no minimum wage law.

It was the devil himself (FDR) who came up
with the minimum wage idea.  The Kingfish
was going to run against FDR in 1936, but a
doctor put a quick end to his presidential
campaign, resulting in the fine mess we are
in today.

Because Louisiana has no minimum wage law,
the minimum wage defaults to the federal rate
of $7.25 per hour.  Republicans would love
to repeal the federal minimum wage, but are
presently being blocked by The Obama.  As
such, we continue our downward trend towards
Corporate Socialism.

This anachronistic wage being forced upon the
working poor is wrong.  Taxpayers whould not
be subsidizing corporations and other wealthy
employers who use it as a basis to pay their
workers.

Democrats want to deceive the working poor
by telling them that raising the minimum
wage by $2 an hour would be a good thing.
IOW, Democrats are proposing Reaganomics,
telling the poor that Reaganomics os a
good thing.  Trickle down economics.  By
subsidizing the wealthy, the poor will
benefit.  George H.W. Bush called this
kind of hogwash "voodoo economics."

Democrats have a theory that raising
the minimum wage will force corporations
to use some of their profits in order to
improve the salaries of their minimum
wage workers.

What Democrats tend to forget is that
such an outrageous concept did not happen
the last time the minimum wage was raised,
or the time before, or the time before,
or the time before, etc.

Nah.  Politicians are not stupid.  They
know better than that.  Democrats and
Republicans are in cahoots on this matter.

The idea that corporate profits would
replace taxpayer dollars that are now
needed to assist the working poor is
one of the biggest lies politicians
love to tell their constituents.

Corporations (and the wealthy) own
politicians.  Doesn't matter what party
(if any) a politician is a member of.
Politicians will do what their biggest
contributors want them to do.  And
for corporations, that means government
subsidies (handouts) that benefit
corporations.  IOW, politicians do not
have the best interests of the working
poor in mind when it comes to minimum
wage legislation.

What we can expect in the USA is a
continuation of the current policy of
low wages, high profits for corporations,
and increasing government subsidies that
benefit the wealthiest of the wealthy.
This will undoubtedly result in a
monetary imbalance that will destabilize
the US economy (economic depression) and
lead to revolution (social unrest).

The only way to avert this catastrophe
of Corporate Socialism is to do like Sweden:
ELIMINATE THE MINIMUM WAGE

--Lee

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 * Origin: news://felten.yi.org (2:203/2)