Monday, October 10, 2011

A Primer for the Politically Ignorant.

I'll probably add more later:

1. This is not a Democracy. We are not a country ruled by the Majority. We are a Constitutional Republic. We are ruled by law.

2. Republicans, for the most part, are not racists. If you look through history, the current version of the Republican party was started to end slavery. If you also look through history, you will see that the Democrats supported slavery, and fought for segregation.

3. Democrats, for the most part, do not look at us as individuals. They look at us as groups, i.e. minorities, Union members, Urban, Rural, etc...

4. 5% of wage earners in this country pay more in FEDERAL taxes than the other 95%.

5. Over 50% of wage earners in this country have a FEDERAL tax burden of 0% or lower. In other words, they get back all the taxes they pay or they get more back from the Federal Government than they pay.

6. I am not rich. I'm barely upper lower to lower middle class. So I have no reason to take the side of the "rich" (Still looking for that definition).

7. Corporations are not wage earners...

8. Corporations are taxed without proper representation, i.e. a vote.

9. Corporations supply jobs.

10. Stocks are owned by individuals. Like anyone with a 401K or a Roth IRA or any form of retirement fund.

11. The advent of subprime mortgages were from Fannie Mae and Freddie Mac because Bill Clinton wanted them to loan out more money.

12. The latest collapses of the stock market and the housing industries were directly caused by tax limbo we are currently in because of the President and the collapse of Freddie Mac and Fannie Mae due to them loaning out too much money at the behest of the former President.

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