Merry Christmas! From the Republican Party, to the Rich.

Yesterday, in typical Republican Class Warfare/Wealth Transferance, Republicans forced/blackmailed the lame-duck Democratic Congress to help them reach into the pockets of the Poor and Middle Class, and give a gift/tribute of their money to the Rich, transferring still more wealth from the 98% majority, to the 2% aristocracy the Republican Party/Tea Party worships.

If they hadn’t gotten their unfunded bonus dollars for the Rich (additional tax breaks beyond the ones everyone else was to get — which the Rich were also a part of), elected Republican representatives promised to allow the unemployed to sink, and everybody’s taxes to go up. Many Democratic representatives were justifiably angered by the agreement reached between President Obama and Republicans (and I’d like to know why supposed conservative fiscal hawks weren’t also angered — it has taken mere weeks for elected Republicans to show their true stripes again — their talk about balancing the budget is merely that — talk).

I just hope, that when over the next two years, discussion arises for the need to make cuts to Social Security, dropping the tax deduction for home mortgages, creating a national sales tax, and similar concepts — all things which hit at the Middle Class and Poor more heavily than the Wealthy — and that each of these things will save less money than the bonus tax reduction just handed to the Wealthy — that the People will remember, they are giving up their Social Security, etc., so that the Richest 2% can become yet even more wealthy! I do not for one moment imagine that the People will remember which party did this to them, anymore than they apparently are able to remember which party gave us the current Bush Depression / Great Depression II, or which party actually created the vast majority of our nation’s current debt (much of it from the same tax cut that Republicans have insisted upon extending…) .

Right, What’s become of that Santa Claus I used to know?, by Charles Henry Sykes, from the Philadelphia Ledger, December 1920, via its reprinting in the January 1921 issue of Cartoons Magazine.

Click here to find previous postings involving gifts to the Rich.

Doug Wheeler

financial reform