Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

pampango

(24,692 posts)
Sat Sep 22, 2012, 04:59 PM Sep 2012

Reich: What Mitt Romney Really Represents (unprecedented concentration of wealth and power)

It’s not just his giant income or the low tax rates he pays on it. And it’s not just the videotape of him berating almost half of America, or his endless gaffes, or his regressive budget policies.

It’s something that unites all of this, and connects it to the biggest underlying problem America faces — the unprecedented concentration of wealth and power at the very top that’s undermining our economy and destroying our democracy.

American has had hugely wealthy presidents before — think of Teddy Roosevelt and his distant cousin, Franklin D. Roosevelt; or John F. Kennedy, beneficiary of father Joe’s fortune.

But here’s the difference. These men were champions of the working class and the poor, and were considered traitors to their own class. ... But Mitt Romney is not a traitor to his class. He is a sponsor of his class. He wants to cut their taxes by $3.7 trillion over the next decade, and hasn’t even specified what “loopholes” he’d close to make up for this gigantic giveaway.

And he wants to cut benefits that almost everyone else relies on — Medicare, Medicaid, Social Security, food stamps, unemployment insurance, and housing assistance.

http://robertreich.org/post/31998690766

Romney is about as far from a 'traitor to his class' as you can get.

2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Reich: What Mitt Romney Really Represents (unprecedented concentration of wealth and power) (Original Post) pampango Sep 2012 OP
If he's elected who's to stop the vulture criminals from looting every last cent? Initech Sep 2012 #1
As usual... a geek named Bob Sep 2012 #2
 

a geek named Bob

(2,715 posts)
2. As usual...
Sat Sep 22, 2012, 05:03 PM
Sep 2012

an insightful article.

How anybody can take mittens in a serious manner, is utterly beyond me.

Latest Discussions»General Discussion»Reich: What Mitt Romney R...