Rob for the rich from the rest...Its bushness as usual..

[dbeach]

You are witnessing the largest transfer of wealth to the rich from the rest in history...I call it the deliberate destruction of the middle class and their social safety net by the republican party in order to bring back the iron fist rule of the privleged..
few jobs..low pay,no benefits..And many affected by this wealth transfer voted for him and would probably vote for him again..

"The wealth transfer scheme
Bush's budget uses deficit as excuse for massive transfer of wealth from poor to rich.

But what it does do is use the deficit, created in four short years by this administration, as an excuse for targeting all the programs Republicans don't like.

Follow the money. This is not fiscal prudence; it is a massive wealth transfer scheme, an effort to use the power of federal spending to benefit the economic elites who are George W. Bush's core constituency. This is the thank-you for the hundreds of millions poured into Bush's re-election campaign. "

http://www.workingforchange.com/article.cfm?ItemID=18583

[whistle]

1. The basic premise of the massive wealth transfer is that only...

...the wealthy know how to save thus increasing net national savings.

net national savings = income - consumption

proof: Just look at the poor and the middle class in the U.S. who have managed to save nothing in the last 60 years.

[charles_nys]

2. Only problem is * is too stupid to realize ...

they are first converting their dollars to Euros and then saving them for after the dollar comes crashing down.








Remember Fallujah ~ Bush to the Hague!

[dbeach]

3. another shell game to hide their money from the peasants..

and keep that labor pool cheap and available..Then if more countries go euro then what does maestro greedspan do ?? US Dollar is in huge trouble..but nero keeps fiddlin.
BUT THAT IS THEIR PLAN..screw onto others as you protect yourselves.

Welcome to DU

[charles_nys]

4. we can bet.....

our devalued us dollars that greenspan, bush and the rebukes are investing their money in other countries and currencies and not the US.










Remember Fallujah ~ Bush to the Hague!

[whistle]

7. Who is "they"?

[Blower]

5. Nice piece....

Exactly what is happening.

Dan S
www.libertywhistle.us

[dbeach]

6. Smokin statement...bush plans to terrize us out of our money...

and worse than that

"Astonishingly, no one has yet pointed out how the President’s claims about “terror” are totally at odds with his plans for private investment accounts, which are completely and utterly inappropriate for a terrorism-hardened society."

THANX AND SAME TO YA!