GOP wants to concentrate the wealth.Top 1% rakes in 50% of nation's income, own 90% of it's wealth.

[flpoljunkie]

Bernie Sanders reminded everyone of this last night on Bill Maher. He was great--clear, articulate and succinct in making these and other salient points.

Do you want to 'spread the wealth' or further 'concentrate the wealth?'

[fugop]

1. Joe the Plumber

I wish they'd start pointing out that McCain's tax plan doesn't help Joe the Plumber so much as it helps Joe the Millionaire. On one of the programs yesterday (maybe Ed Schultz?) they were pointing out how someone making a million would get a tax cut of some $90,000 under McCain's plan. Joe the Plumber? Not so much.

[flpoljunkie]

3. Belatedly, some have pointed out how Joe would fare better under Obama's tax plan.

Too many Joe the Plumbers have been fooled by the likes of Rush Limbaugh and Sean Hannity into thinking 'trickle down' works for them. It does not. They grow further behind.

[flpoljunkie]

2. The poker game analogy last night explained this well...

"As in a poker game where the chips are concentrated in fewer and fewer hands, the other fellows could stay in the game only by borrowing. When their credit ran out, the game stopped."

Quote is from FDR's Federal Reserve Chairman, Marriner S. Eccles in 1951

[morillon]

4. Oh, now THAT is brilliant.

It acknowledges that a full complement of players is needed, something these gotta-get-mine-at-all-costs types sometimes forget. If middle class people don't shop at Saks and Neiman's anymore, the stores will go out of business. Rich people aren't enough to keep those stores going, period. They'll have nowhere to spend all that money. The game will stop.

[wiggs]

5. Love Bernie. He is right on. Oh, and by more reliable estimates, HE'S the senator

with the most liberal voting record...Obama is #10.

[flpoljunkie]

6. The National Journal ranking that puts Obama first is a rigged game with cherry picked votes.

[flpoljunkie]

7. Actually, the top 1% own more wealth than the bottom 90%--an incredible concentration of wealth.

While the middle class collapses, the richest people in this country have made out like bandits and have not had it so good since the 1920s. The top 0.1 percent now earn more money than the bottom 50 percent of Americans, and the top 1 percent own more wealth than the bottom 90 percent. The wealthiest 400 people in our country saw their wealth increase by $670 billion while Bush has been president. In the midst of all of this, Bush lowered taxes on the very rich so that they are paying lower income tax rates than teachers, police officers or nurses.

http://www.huffingtonpost.com/rep-bernie-sanders/billions-for-bailouts-who_b_127882.html?page=4&show_comment_id=15919314#comment_15919314

[flpoljunkie]

8. McCain, who wants to concentrate the wealth, is on CNN online on the 'spread the wealth' theme.

If you respected your base, you would not lie to them the way the Republicans do.