Honk if you think the reason the Republicans fought against tax increases for

[The Backlash Cometh]

the rich, was because they knew the money would be invested in the stock market where they could get their hands on it AND our bail-out money.

It never made sense to me why the Republicans insisted on giving the money to the rich since they weren't spending properly to make the trickle down effect work, properly. Now I understand, that it was never meant for the middle class. It was always meant to feed the Ponzi scheme.

[valerief]

1. Uh, it never is meant to trickle down. That's just bullshit they use over and over. nt

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2. I know that. But, what is interesting is, that they fleeced the rich too.

I'm sure that was intentional.

[valerief]

3. Oh, I see your point. Yes. nt

[Kansas Wyatt]

6. It would be fitting when times get a lot harder...

For average people to start fleecing the rich for everything they possibly can, just because they are rich.

[gravity]

4. They are just plain greedy

You don't need to read more into that

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5. How much of that money left the USA?

There are different categories of investors. The top level, aaa, has the least amount of risk, but guaranteed payment. How much of that was foreign investors?

i.e. Did we ever find out who was investing against the Airlines on 9/11? Why do we assume they never tried again, only this time, they felled Wall Street.

[Juche]

7. The rich bought the GOP back in the 70s

That is why the GOP constantly supports economic policies that only benefit the rich.

[The Backlash Cometh]

9. But it hasn't benefitted the. Some of them are going bankrupt.

[Juche]

10. Yeah it has

From 2001-today corporate profits have almost tripled to about 1.4 trillion.




If you look at this chart, which stops pre-bush, the income of the top 1% starts skyrocketing around 1994.







The wealthy have more than gotten their money worth by buying off the GOP, various right wing media outlets and think tanks designed to repackage plutocratic policies as common man, salt of the earth economics.

[leftofthedial]

8. welcome to reality

trickle down was ALWAYS theft.