Lakshmi Rhone wrote: > The other thing to remember here is that the rich are paranoid that given > massive projected deficits the only way the Democrats will avoid default in > the future will be through much higher marginal rates. So through the Tea > Party the rich are trying to stop the country from going down a slippery > slope.
What people in the TP say and do also reflects its base, the craziness of the petty bourgeoisie and some white-collar managers, members of which want to become (and think they deserve to be) part of the rich. It's not just a matter of the rich manipulating the TP, though that happens. We should also remember people like Soros and Buffett (who aren't poor) who want to raise taxes on themselves and their peers. > They are trying to whip up hysteria against any kind of tax, and > don't believe for a second that the Democrats would or could stop with a > closing of loopholes and return to the Clinton rates as long as they are > serving their constituencies. The Democrats are saying that without any new > revenue everyone will be poorer than they would otherwise be, given the > long-term effects of cuts in education and infrastructure. then why did Obama go along? > But for many of > America's rich that is the lesser risk than the slippery slope of new > taxation. So the rich need to destroy the Democratic Party through the Tea > Party, ... hasn't the DP already been destroyed, in that its politics -- or at least those of its leaders -- are similar to or maybe worse than Nixon Republicans? -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
