According to Gallup, American’s are getting fed up. But with hard data to support them, the Democrats are doing nothing to exploit the opportunity during this very critical election season.
73% of Americans rate their confidence in the economy as “fair/poor.” 49% say they are dissatisfied with the state of the nation, and 47% say it’s OK.
Wake up Dem’s! Instead of remembering the mantra, “It’s the economy, stupid” you are giving the Republicans a blank check to attack Iraq, yet handling North Korea, who is guilty of the exact same crimes, with baby gloves.
The top 10% control this country because the Democrats let them. Or, are the Democrats purchased by the same 10%? “For the first time in eight years, the poverty rate rose,” said Dick Gephardt on the floor of the House, but it fell upon the deaf ears of a public preoccupied with sniper attacks and rumors of war. The number of Americans living in poverty grew 1.3 million last year to 32.9 million.
Let’s look at the how the top 10% live, shall we…
Former Kmart CEO Charles Conaway received $23 million in compensation during his two-year tenure. When Kmart filed for bankruptcy in 2002, 283 stores were closed and 22,000 employees lost their jobs. Total amount of severance pay for them: $0.00.
Tyco CEO Dennis Kozlowski made nearly $467 million in salary, bonuses and stock during his four years running the company. Shareholders, on the other hand, lost $92 billion when Tyco’s market value plunged.
The year before Enron collapsed, Kenneth Lay made more than $100 million. After filing for bankruptcy, Enron lost $68 billion in market share, 5,000 employees lost their jobs and Enron workers lost $800 million from their pension funds.
Wal-Mart CEO H. Lee Scott, Jr. received more than $17 million in total compensation in 2001. Now, Wal-Mart employees in 30 states are suing the company alleging that managers forced employees to punch out after an eight-hour work day, and then continue working for no pay. I guess the Fair Labor Standards Act does not apply to them.
More than 1 million U.S. corporations and individuals have registered as citizens of Bermuda to avoid taxes, a practice OK’d by the IRS. The IRS estimates that “tax-motivated expatriation” drains at least $70 billion a year from the U.S. Treasury. But if you were poor enough to apply for the Earned Income Tax Credit in 2001, your chance of being audited was 1-47. If you made more than $100,000 a year, your chance of being audited was 1-208.
In 2000, the average CEO earned more in one day than the average worker earned all year.
Democrat, Republican - what’s the difference? If a person didn’t need a billion spare dollars, I’d start my own political party, run by the bottom 90%. We are the majority, the people the Democrats supposedly represent.
It’s economic apartheid. Welcome to America.