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Politics : Mainstream Politics and Economics
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To: RMF who wrote (48772)7/17/2013 12:16:38 PM
From: koan  Read Replies (3) of 85487
 
I think Bush did the tax cuts for the rich simply because he saw his job as transferring as much money to the rich as possible. He said: "I don't think the government should have so much money and I am giving it back to the people who paid it (the rich)." Three big tax cuts to the rich that cost us more than the wars.

The Republicans have been cutting taxes on the rich for 50 years. But Bush took it the whole way as he also had a Republican congress for six years. Greenspan said the invasion of Iraq was to get the oil; but it was also a way to feed the military industrial complex. More money to his rich friends.

Bush also did as little as possible to regulate anything including the banks.

Cheney got a 30 million severance pay when he quit Haliburton. The Haliburton got the largest multi billion dollar contract in Iraq. Quid pro quo.

And if you remember Bush told those who did not join his coalition they could not share in the oil (spoils of war). It just didn't turn out like he expected.

His economics professor at Harvard said Bush was an elitist and felt he had a special right to be rich and powerful. This is not unusual. Look at Englands royal family or how the aristocracy ruled Europe for hundreds of years.

The aristocracy was on top

Bourgeoisie was todays middle class

The Proletariat were the serfs and peasants

And people did not marry out of their class.

FDR was seen as a traitor to his class when he fought for the poor.
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