Flying with the 99% for a New-New Deal!

Corporate money mavens have been trying to keep TAXES and REGULATIONS on the rich, the financial industry and corporations out of the news and the national conversation on the 'American Street' since 1980 as they got all the Golden Ponies they ever dreamed of under Reagan-Bush-Clinton-W. But no more!

The Wicked Witches of WallStreet shrivel as if splashed by water as the 99% storm the fortress and president Obama sets sail for re-election on a boat made of tax increases for the rich!

Now that the conversation is officially started we have all the facts on our side to win it. Every drop of historical economic data points to the fact that in the last 30 years the USA has duplicated to a T the conditions which led to the Great Depression. These things are simply put; Deregulation of financial markets and drastically lower taxes on the most wealthy.

The deregulation of financial markets in the last 30 years was like putting up road signs that say "Drive at Your Own Will" and that is not a figurative comparison! What happened in our financial and real estate markets was simply what was bound to happen if you removed these industries from any legal authority which is simply what happened with the rules changes and defunding of regulating authorities.

The difference in taxation rates and governmental accomplishments in America from 1940 to 1980 (compared to since 1980) is absolutely JAW-DROPPING! While the list of our accomplishments from 1940-80 reads like a highlights reel of US history, the same list from 1980 until president Obama was elected reads like a sad tragedy of decay and retrenchment and confusion.

And on the issue of taxation policy no one can deny that the records show that in the 1980s we went back to the identical (dramatically lower) tax rates on the most wealthy Americans which we had before the Great Depression. And pay attention here, in the 80s when the taxes on upper income earners dropped like a rock, taxes on the middle and lower earners stayed about the same federally and went up a great deal in state income and sales taxes as states were forced to cope with their federal funding dropping precipitously. So taxes on the rich went way way down in the 80s and real taxes on the 99% went way up!

President Obama hasn't been the fire and brimstone, clarion call that we might dream of in a perfect president for these times, but he's a smart man and his heart is in the right place and he has jumped on this wave with his new congressional initiative and he is going to ride it to the ballot box next year!

Let's ride with him in this time of turmoil, please. There is such a thing as a time for priorities. We know America is far from perfect, like all of us and our president isn't perfect either, but please, let's remember that what happens in the next election could be the difference between peace and prosperity and big big problems.

President Obama and the rest of us have a lot of work to do. LET'S DO IT!

I'm flying with the 99% and I believe President Obama is too!