The rich say they earned their money and deserve to keep it. Well, where do you think they got their money from? From a money elf? Chasing a rainbow? Selling lemonade?
Here is the unknown truth. Surprise! They got their money from you and me. From investments that went bad. We lost. The rich won.
Have you ever heard of the “transfer of wealth?” The middle class once had most of the wealth. But the cunning Wall Street bankers took it from us while we were innocently cutting taxes for the rich. They play a mean bait and switch game. Now you see it. Now you don’t. Putting hard earned money into risky investments. We were Playing games without knowing the real rules. Rules that keep on changing.
So now, the wealth has been transferred to offshore accounts. Never more to be seen. Never more to be used for the American good. Robbing Peter to pay Paul. Zip! Pop! Shazaam! Gone. Vaporized. Middle class money quickly becoming a faded memory.
Goodbye good paying jobs. Goodbye higher education for the kids. Goodbye affordable health care. And, goodbye the way we were.
Never mind the fine print and the lawyer speak. That doesn’t matter anymore. Once Wall Street got our money. Their contractual responsibilities disappeared. Poof. Gone up in smoke.
So, Ladies and Gentlemen, you have been “Transferred!” Some might call it “screwed.” We’ve been had. Tricked. Robbed. And, laid to waste.
Once again, it use to be our money but now it gone. Never more to come back. All because we trusted smiling politicians with hidden agendas. Politicians who make more money from special interests than they make from being a hired congressman. In Mexico they call that bribery or being on the take. But in America, the bribe money comes from the business cartels. Evil men with evil intent. Disgusting people known as Lobbyists.
I just thought you might want to know where your money is.
Rational voice of the Southern Plaines. Commenting on politics, religion, technology, Pop culture, radio, TV, and the general Media. If you wish to comment on anything written in the Red Dirt Post, go to chuckayers.com and to the “Contact Us” info. All my best, Chuck Ayers Editor
Showing posts with label Transfer of wealth. Show all posts
Showing posts with label Transfer of wealth. Show all posts
Sunday, August 5, 2012
Wednesday, April 4, 2012
What was once ours is now theirs.
The very rich say they worked hard to achieve their wealth. And don’t owe anything to the poor or middle class. But deserve a tax break for all the hard work. Perhaps so but the money they now posses use to be ours. We invested it in high risk ventures and lost it to the rich. So, it is really our money. Not the rich.
Only had we read the fine print. Only if we had not fallen for promises of getting rich ourselves. All hype. All baloney. Our pain. The rich’s gain. It’s as simple as that.
Advantage the Rich. Disadvantage the middle class. A middle class shrinking as we speak.
But as you can see, the wealth of America has changed hands. Wealth no longer in the hands of the middle class but in the pockets of the rich. Call it class warfare or whatever. None the less we have be taken to the cleaners by people who have better attorneys and accountants. People who know how to change the rules to their advantage.
So, it was just a high end crap shoot. They won. We lost.
Never the less, it all use to be our money. Money taken by the privatization of retirement. No longer do companies provide matching funds for the retired. It has all been turned over to investment bankers and their Wall Street con games.
Even our savings accounts have been compromised. Extremely low interest rates have driven our hard earned money out of the banks and into the hands of the ruthless fund managers. Money once ours. All done by changing the rules in Congress.
And as a result, Money now belonging to the hard working scheming money managers and fund bankers. Zip, pop, zing! Money taken by manipulating the laws and funneled into tight and secured bank accounts of the very rich. Money gone. Gone to Wall Street. Our hard earned cash. Now belonging to someone else in an offshore bank.
Let me repeat one more time. All this wealth and money once belonged to we the people. Now belongs to the the rich. Should we congratulate them on work well done? I don’t think so. We should tax the heck out of them. Why? Because it’s our money. Tax and spend. That’s the way we can win.
Only had we read the fine print. Only if we had not fallen for promises of getting rich ourselves. All hype. All baloney. Our pain. The rich’s gain. It’s as simple as that.
Advantage the Rich. Disadvantage the middle class. A middle class shrinking as we speak.
But as you can see, the wealth of America has changed hands. Wealth no longer in the hands of the middle class but in the pockets of the rich. Call it class warfare or whatever. None the less we have be taken to the cleaners by people who have better attorneys and accountants. People who know how to change the rules to their advantage.
So, it was just a high end crap shoot. They won. We lost.
Never the less, it all use to be our money. Money taken by the privatization of retirement. No longer do companies provide matching funds for the retired. It has all been turned over to investment bankers and their Wall Street con games.
Even our savings accounts have been compromised. Extremely low interest rates have driven our hard earned money out of the banks and into the hands of the ruthless fund managers. Money once ours. All done by changing the rules in Congress.
And as a result, Money now belonging to the hard working scheming money managers and fund bankers. Zip, pop, zing! Money taken by manipulating the laws and funneled into tight and secured bank accounts of the very rich. Money gone. Gone to Wall Street. Our hard earned cash. Now belonging to someone else in an offshore bank.
Let me repeat one more time. All this wealth and money once belonged to we the people. Now belongs to the the rich. Should we congratulate them on work well done? I don’t think so. We should tax the heck out of them. Why? Because it’s our money. Tax and spend. That’s the way we can win.
Labels:
Crap Shoot,
fine print,
investment hype,
tax cuts for the rich,
Transfer of wealth,
Wall Street Con games
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