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Thursday, August 7, 2008

Political Royalist McCain

John McCain says he won't raises taxes, yet at a different forum, he stated he would consider raising payroll taxes to fund Social Security. How quickly he forgot his comments when he criticized Obama by exclaiming, "The worst thing you can do is raise people's payroll taxes, my God!"

So, what will it be Your Royal Highnasty? Senator McCain is not very bright; and then again, as David Henninger, of the Wall Street Journal asked in a recent article, "Is John McCain Stupid?"

David Michael Green, the writer of Regressiveantidote.com went one further in his lastest column by calling Lord McCain a scumbag. Dems fightin' words, but I have to agree to get in the ring with Green on this one. 

The reason for Mr. Green's name calling is because Lord McCain has disgustingly and shamefully stooped to the level of a cockroach by saying that Obama "would be willing to lose a war in order to win a campaign." This is exactly what Bush had done in 2000 and 2004. Forging a fictious letter to Saddam by the Iraqi Director of Intelligence, Takir Jalil Habbush al-Takriti, (allegedly coming from Douglas Feith's Defense department office, and then, handed off to George Tenet), as was exposed in Ron Suskind's most recent book "The Way of the World".

This letter falsely incriminated a connection between the 9/11 terrorist, Mohammed Atta to Iraq in order to gin up a reason to go to war. No doubt, George Tenet would not respond to any order unless it came from within the highest levels of the boy King Bush White House.

Lord McCain is a "counterparty" to all of this by sleeping with the murderers. Foot soldier McCain is a scumbag because he was the toe-licking lap dog of the kingpin scripters of the Project for a New American Century, the manifesto to democratizing the Middle East through the toppling of Saddam Hussein. In 1998, Lord McCain, a true Congressional Royalist, especially now that he is married to the Anheuser-Busch heiress, Cindy Hensley, co-sponsored
the Iraq Liberation Act-drafted by the PNAC-which decreed "regime change" in Iraq. ("John McCain's Chilling Project for America", by Elliot Cohen, Global Research, 6-15-08, Truthdig.com).

McCain signed onto Bush's war, therefore, was a co-conspirator in a losing war, which he
has delusionally claimed he could win, in order to run as a the neo-con candidate for president. 

McCain, as do the other neo-con regressive cockroaches, such a Arnold Schwartzenneger (but one cannot leave out the capitulating Demo-cons, either), who want to raise state budget revenues through increasing sales taxes to make up for problematic state budgets. They are willing to further sucker-punch working America who spend everything they make on their day-to-day living. The average American is in debt $117,000, and has only $2-300 in savings. These governmental cowards are afraid to increase the tax burden on the richest Americans, who don't spend everything they earn on day-to-day living expenses.

Our Congress and State governments borrow from the rich to pay for the operations of the government, instead of raise the tax burden on the rich, who have shifted the tax burden to working America through income and sales levies that fall the most hardest upon the average American consumer. Government sells bonds often bought by the wealthy, and those dollars are then used to operate the federal, state and local governments. Those high rollers playing deep within the FIRE sector (finance, insurance, and real estate) often take their "returns in the form of capital gains rather than as profits, trading through financial hedge funds whose revenue is taxed at only half the rate of normal income."... "The wealthiest 1% take their returns in the form of bonuses, not wages, and enjoy a cut-off point of only $102,000 for FICA, Social Security, and Medicare wage withholding. When Wall-Street Journal editorials assert that the richest 1% earn "only" a small portion of taxable income, all this really means is that a shrinking portion of their returns are deemed subject to the income tax." ("State, Local, and Private Pensions-The Next Big Bail Out", By Michael Hudson, 7-31-08, Counterpunch.org). (Also, Mr. Hudson has his own website. Check our link column for it.)

McCain will not change this picture. He will keep the Bush tax cuts in place and protect those high rollers in the FIRE sector and do less for labor and industry, who pay the largest percentage of their income in taxes. We can be sure of that. He wants to keep taxes low for his wealthy corporate royalist pals. Obama appears to want to offer something else. 

The parallel between McCain and Bush continues to be even more uncanny. Bush's brother, Neil, was involved in the Silverado Savings and Loan scandal back in 1988, which cost the taxpayers $1.6 billion. Now we have learned that McCain's son, Andrew, has been on the boards of two failing banks: Silver State Bancorp of Henderson, and Silver State Bank, also of Henderson, Nevada, which just watched him jump over the deck rail, resigning from his directorships, before the banks begin to sink. Silver State Bank lost $62.7 million just in the second quarter.

Andrew McCain is 45 years old, and has served as director of Choice Bank since 2006. In addition, he is vice president and CFO of Hensley and Company, one of the largest beer distributors in the U.S. Andrew's stepmommy is Cindy Hensley, the heiress to Anheuser-Busch fortune. From one beer lover to another!

And, guess who Choice Bank merged with on April 4, 2008? Correct! Silver State Bank. That must surely be an OOPS if I ever saw one. If you are a depositor in any bank that Andrew McCain touches, be sure to withdraw your money!

It appears that Andrew McCain has been Silver Spoon fed his personal wealth as a result of his stepmommy and his daddy's name. He has not earned his way in life through his own hard work and self-reliance. Andrew McCain is a clone of Neil Bush. John is a clone of George.  Are we not tired of the nation's political royalists, yet? It is time to tell Lord McCain that he will not be our next King. 
                          Thanks for reading,         Jerry

Video-cast correction:
I had said that Penny Pritzker, Obama's financial chairman, is a Hilton Hotel heiress. The correction is she is a Hyatt Hotel heiress.  She was involved with Merrill Lynch back in the late 1990's when they first designed a way to securitize sub-prime mortgages, which has now led to our financial meltdown.

Tidbit:


This link goes a site where you can read how two Fox News reporters were told to lie when presenting a story about how Monsanto's bovine growth hormone had gotten into a significant amount of our milk supply. These two reporters sued Fox over unrightful termination and initially won their case with damages. Fox appealed to the Appellate Court of Florida's Second District and those fascist neo-con judges ruled on behalf of Fox. 

What this means is that the courts have decided that it is perfectly legal, and justified for the media, who are using the public airwaves, to rightfully lie to the public over what is called "News". The neo-con fascist regime propaganda machine, theoretically regulated by Colin Powell's son, Michael, at the FCC, is able to cover-up, distort, fabricate and outright lie to the nation when they deem it necessary to protect their financial, and political interests. WOW!



2 comments:

Barbara said...

While it is a fact that Ms. Pritzker is a Hyatt Hotel heir, this designation completely mischaracterizes her and overlooks her many accomplishments in the business world. She has founded two companies, Classic Residence by Hyatt, the leader in luxury living for adults, and Pritzker Realty Group that developed and operates the Hyatt Center in Chicago’s Loop. She chairs these companies as well as The Parking Spot, the fastest growing offsite airport parking company that she co-founded. She also chairs TransUnion, one of the three largest credit information companies. She is a very astute business strategist and leader and a top Chicago civic leader.

jerry said...

Barbara, yes Penny Pritzker has accomplished many things in her life that could be considered noble and successful. But, nevertheless, along with her power comes responsibility. And, as the former owner and chair of Superior Bank of Chicago, she helped invent and put into play the selling of securitized mortgage bonds to Merrill Lynch (i.e. predatory lending). Many who bought those sub-prime mortgages from her bank were African American and suffered foreclosures or were unable to make the ballooning payments.

The bank eventually collapsed in 2001, and in 2002 was closed by the Office of Thrift Supervision. This collapse was considered, at the time, to be the largest failure of an insured depository of the last ten years. 1400 depositors lost over $50 million of their life savings.

It collapsed due to significant mishandling, and, no doubt, was under capitalized when the loans and bonds went bad. Her role in this current mortgage meltdown cannot be dismissed or understated.

Even though someone may be the most honored and recognized Boy Scout type, if when playing with matches a forest fire breaks out, which then sets into motion events that trigger changes of devastating proportion impacting a nation, as well as the world, in such a way that cannot be repaired for years, or decades to come, then that event becomes the one thing, good or bad, that identifies you.

thanks for commenting, Jerry