Thursday, August 18, 2011

Tax the super-rich or riots will rage in 2012

SAN LUIS OBISPO, Calif. (MarketWatch) — What a year. Rage in London, Egypt, Athens, Damascus. All real. Just a metaphor in the new “Planet of the Apes” film? No, much more. Warning: More rage is dead ahead. Across our planet a new generation is filled with rage. High unemployment. Raging inflation. Dreams lost. Hope gone. While the super -rich get richer and richer.

Listen to that hissing: The fuse is rapidly burning, warning us. Wake up before the rage explodes in your face. This firestorm is endangering America’s future. From forces outside, yes. But far more deadly, from deep within our collective psyche. We have lost our moral compass. We are self-destructing.

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Republicans will not be re-elected in 2012

There has been various circumstantial evidence that the public’s dissatisfaction with the performance of Congress, particularly during the debt ceiling debate, could threaten the Republican majority in the House of Representatives. Disapproval ratings for the Congress are at record highs, as are disapproval ratings for the Republican Party. Other polls show record numbers of Americans saying that their representative should not be re-elected, that most members of Congress should not be re-elected, or both.

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