Republicans redistributing wealth
Checked your pay stub lately? Fortune Magazine reports that top CEOs of corporate America tap the till for an average $7,452 an hour. These are the folks to whom Bush and the Republicans have given two huge tax cuts. An Army private in Iraq gets $19,600 a year, including combat pay, less than three hours of CEO till-tapping.
This year’s federal deficit will be a record $455 billion, with another like it to come. Follow the money and learn a lot about who has power and what their real values are.
In the Bush administration’s proposed budget, a national financial crisis is being planned and executed. And those being positioned to take the blame are the poor, the disabled, the aged and retired, and military veterans.
Thus the stage is set for the, “so sorry,” destruction of Medicare, raiding the Social Security Trust Fund, slashing the VA medical program and ending or crippling all people-serving programs.
Redistributing wealth is wrong, Republicans cry. Except when it is redistribution upward to the rich and big business, many of whom pay little or no taxes through various convoluted laws.
President AWOL and Republicans wave flags and praise the troops, but now propose to cut military “imminent danger” pay from a meager $225/month to $150/month. They oppose an attempt to double the paltry $6,000 paid to families of men killed in active duty!
After all, the CEOs and corporations do need tax relief: taking in $7,000 plus per hour, how can you make the yacht payments?
Patriots or shameless hypocrites?
Support Local Journalism
Support Local Journalism
Readers around Glenwood Springs and Garfield County make the Post Independent’s work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.
Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.
Each donation will be used exclusively for the development and creation of increased news coverage.
Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.
User Legend: Moderator Trusted User
Following Glenwood Springs City Council Member Steve Davis’ resignation, the council approved a timeline for filling his seat during a special meeting Thursday.