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As posted many times, FDR took on the rich and said they were as dangerous as organized mobs.
But no president has done it since.
I read last night that Jamie Dimon, head of JP Morgan, who is worth 1.9 billion said if they are going to raise taxes, he wants to know how the money is going to be spent.
And there you have it. He has so much power that he thinks he should have a say in how tax money is spent.
He has no respect for our Democracy. He is just rich, he wasn't elected by the people to represent them, which is the point of democracy which freed people to manifest their destiny of their own accord and not live by the wishes of dictators and tribal chiefs, kings and queens.
Dimon doesn't even seem to realize how democracy works to make such a statement. It is our congress that decides what is best for the people, what social programs are needed based on scientific study, and the people's wishes!
For the past 50 years every single president has kowtowed to the rich Wall street crowd, including Democrats like Bill Clinton who got rid of Glass Steagall which was a disaster and made Goldman Sachs banker Robert Rubin Secretary of the treasury, and Obama who embraced Wall street, and did not indict even one banker or rating agency that were involved in billions of dollars of fraud.
Now at last, it looks like Biden has taken a page out of FDR's play book and will finally take on the rich and powerful and Wall street, all of whom, along with the Republican party are responsible for the cancerous income inequality we have in this country!
