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Wake up: the American Dream is over: from London Observer

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biscotti Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-10-06 06:15 PM
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Wake up: the American Dream is over: from London Observer
Even America's richest think they're getting too many tax breaks from a government determined to keep the poor in their place. As poverty in the US grows, Paul Harris wonders what happened to the Land of Opportunity
snip:
Over the past 25 years the median US family income has gone up 18 percent. For the top one percent, however, it has gone up 200 percent. A quarter of a century ago the top fifth of Americans had an average income 6.7 times that of the bottom fifth. Now it is 9.8 times.
snip:
Don't just take my word for it. Take Buffet's. After all he doesn't have anything to gain from criticising current policy. In fact he has hundreds of millions of dollars to lose. 'If class warfare is being waged in America,' he has written 'My class is clearly winning.' When even the rich are starting to think they are getting too many tax cuts, then you know something has gone very wrong.

http://observer.guardian.co.uk/columnists/story/0,,1792399,00.html
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Totallybushed Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-10-06 06:27 PM
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1. I agree taxes are
too low on the rich. Multi billionaires like Buffet can help, though. They have the money. They can donate it to the government, or whatever good causes they want. Research on AIDS, pre-school for poor kids. The government is going to do NOTHING while the BFEE controls all the levers of power.

It's time to take control of our own destinies. I contribute $10 here, $50 there. Think what Buffet, Soros, Gates, etc. can do. Sure it would be better if the government cared. But we have to live with the facts as they are, not as we wish them to be.
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billbuckhead Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-10-06 08:11 PM
Response to Reply #1
2. They could buy a free press and give us back some semblence of reality
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