Looting is the word of the day, on the lips of every newscaster, the president, and elected officials across the country. And, indeed, looting is a major problem in America.
In 1981, when Ronald Reagan ended the New Deal era, crushed labor unions, and massively cut the top personal and corporate tax rates, he kicked off the most massive and widespread looting of America since the 1920s.
Working people all across the nation have seen over $7 trillion of their wealth looted by the top 1 percent just in the past two decades, reducing them from the middle class to the working poor.
Small and medium-sized businesses, since Reagan stopped enforcing the Sherman AntiTrust Act in 1983, have seen their companies looted by giant monopolies and predatory banksters like Mitt Romney.
When hungry or oppressed people loot, they are thugs, but when Corporations loot, they have taken over legislators to be able to loot legally. They are still destroying things and hurting small business and employees suffer, lose jobs. They take taxpayer money and use for profit and claim their own entities as priorities because they donated to campaigns.
Thom Hartmann’s Blog comes into my inbox, pretty sure he’s streaming as well.
I recommend it, extremely intelligent and informative.