Defending America's Parasite Class

[mikekohr]

How ironic, and how predictable has been the opposition to taxing at 90% the bonus’ like those paid out at AIG. And that opposition is coming from the same Republican crowd that clamored so indigently for the restructuring of union contracts at the automakers. In defense of the great parasite class in America, Republicans continue their class warfare against organized labor that built the great middle class and propelled America to become the greatest power and nation on Earth. As organized labor has waned in influence and scope the wages of working American has declined.

During the years 2000-2008, the wages of working Americans declined for the first time in 60 years. Ignore for a moment the greed and criminality of the banking, and financial institutions, put aside the naïve that bought into, and the craven politicians that pushed the de-regulation movement, that are the principle actors in our current economic nightmare. Had the wages of working people kept pace with the last 60 years the spending of the working class would have kept us out of this mess.

The filthy rich must look at taxes as “revolution insurance.” Left unfettered our business class will produce the same situation that resulted in the French Revolution. And then they would lose not just their bottom-less bankrolls but their heads as well. Just this last week their have been calls for the lives of the corporate pigs at AIG.

Representative Charles Grassley ® IA, said those that are receiving bonus’ at AIG should resign or follow the Japanese code of honor and commit suicide. Appearing before Congress, CEO Liddy of AIG, read death threats his office had been receiving including one that called for officers of AIG to be put to death with nooses made of piano wire.

What a waste of piano wire.


mike kohr

[mikekohr]

1. -Breaking News- AIG is suing Our Government for return of taxes paid last year

-clipped-
A.I.G. Sues U.S. for Return of $306 Million in Tax Payments
While the American International Group comes under fire from Congress over executive bonuses, it is quietly fighting the federal government for the return of $306 million in tax payments, some related to deals that were conducted through offshore tax havens.



http://www.nytimes.com/2009/03/20/business/20aig.html?_r=1&hp

[mikekohr]

2. Senate Republicans vow to impede passage of 90% tax on AIG bonus'

87 House Republicans voted against passage of bill to impose 90% tax on AIG bonus'

http://www.truthout.org/032009C