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Monday, October 31, 2011

Al Jazeera: The Koch Brothers - People & Power


"Charles and David Koch are each worth about $25bn, which makes them the fourth richest Americans. When you combine their fortunes, they are the third wealthiest people in the world."

Charles Koch recently told participants to dig deep into their pockets to defeat Obama at a conference at Vail. CO.

"This is the mother of all wars we've got in the next 18 months," he says, "for the life or death of this country."

By wars, the Koch brothers are referring to class warfare. The financial meltdown put the US into a Great Recession that was similar to the Great Depression. The right wing knew what happened to the wealthy in the Great Depression. FDR taxed the wealthy to pay for the war and the economic recovery.

After the 2008 elections, The Income Tax tables could have been reformed, the Estate Tax reformed, the capital gains tax increased and the Social Security part of FICA made more progressive.

Instead, the Democrats fiddled with medical insurance for more than a year. This was an opportunity lost. 

Screw bipartisanship! When the electorate gives you a mandate, use it or lose it. 

source; The Koch Brothers - People & Power - Al Jazeera English


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