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
19 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Surely there is no connection between these two things (Original Post) melman Jun 2020 OP
HOW did they make all this $$ ? donkeypoofed Jun 2020 #1
Billions of our tax dollars funneled to them from Cares. nt live love laugh Jun 2020 #7
Paycheck Protection money sent to companies and not sent to ex-employees because the CEO was LiberalArkie Jun 2020 #10
A hundred different ways, set in place the last 40 years. Tax law, legislation, corporate policy, wiggs Jun 2020 #11
Excellent summary of the war of the oligarchy against the rest of us. Hermit-The-Prog Jun 2020 #15
Stocks and non-trickle support checks? Brainfodder Jun 2020 #2
If it weren't so seriously shocking DonaldsRump Jun 2020 #3
Disaster capitalism. alwaysinasnit Jun 2020 #4
+1000 Newest Reality Jun 2020 #5
This economy... Newest Reality Jun 2020 #6
Awesome! That means, just a few more decades and Guy Whitey Corngood Jun 2020 #8
They've been pissing on us for Centuries. lunatica Jun 2020 #9
Darrell Issa still says "we're getting there". czarjak Jun 2020 #13
He might be right. This article clearly Guy Whitey Corngood Jun 2020 #17
Sean Hannity's "work hard and play by the rules, YOU can be a success in America"... czarjak Jun 2020 #18
Jeff Bezos alone made billions from increased Amazon orders. Lonestarblue Jun 2020 #12
I'm not a big fan of the guy bucolic_frolic Jun 2020 #14
Thankfully, Democrats have no connections to progressoid Jun 2020 #16
Used to be "millionaires and billionaires", now it's just "billionaires". Hmm. George II Jun 2020 #19

LiberalArkie

(15,715 posts)
10. Paycheck Protection money sent to companies and not sent to ex-employees because the CEO was
Mon Jun 29, 2020, 04:18 PM
Jun 2020

hollering "MINE - MINE - MINE"

wiggs

(7,812 posts)
11. A hundred different ways, set in place the last 40 years. Tax law, legislation, corporate policy,
Mon Jun 29, 2020, 04:34 PM
Jun 2020

lack of consumer protections, rollback of environmental regulation, Trump admin, speculation with all the extra money, bailouts, military protection of overseas interests, lack of unions and living wages, exploitation of other populations, etc. OP has to do with current year, but the ones with the lobbying money and donation funds have shaped laws, regulations, and public perception for a long time. They do great every year.

DonaldsRump

(7,715 posts)
3. If it weren't so seriously shocking
Mon Jun 29, 2020, 03:02 PM
Jun 2020

I would have to say "don't call me Shirley." But, it is, so I won't.

(I'll let Leslie Nielsen do it for me...one of the all time insanely great movie quotes! )

alwaysinasnit

(5,066 posts)
4. Disaster capitalism.
Mon Jun 29, 2020, 03:09 PM
Jun 2020
https://www.vice.com/en_us/article/5dmqyk/naomi-klein-interview-on-coronavirus-and-disaster-capitalism-shock-doctrine

The coronavirus is officially a global pandemic that has so far infected 10 times more people than SARS did. Schools, university systems, museums, and theaters across the U.S. are shutting down, and soon, entire cities may be too. Experts warn that some people who suspect they may be sick with the virus, also known as COVID-19, are going about their daily routines, either because their jobs do not provide paid time off because of systemic failures in our privatized health care system.

Most of us aren’t exactly sure what to do or who to listen to. President Donald Trump has contradicted recommendations from the Centers for Disease Control and Prevention, and these mixed messages have narrowed our window of time to mitigate harm from the highly contagious virus.

These are the perfect conditions for governments and the global elite to implement political agendas that would otherwise be met with great opposition if we weren’t all so disoriented. This chain of events isn’t unique to the crisis sparked by the coronavirus; it’s the blueprint politicians and governments have been following for decades known as the “shock doctrine,” a term coined by activist and author Naomi Klein in a 2007 book of the same name.

History is a chronicle of “shocks”—the shocks of wars, natural disasters, and economic crises—and their aftermath. This aftermath is characterized by “disaster capitalism,” calculated, free-market “solutions” to crises that exploit and exacerbate existing inequalities.

snip...

Newest Reality

(12,712 posts)
6. This economy...
Mon Jun 29, 2020, 03:16 PM
Jun 2020

This economy gushes up and we should have realized that we would get the opposite of the silly, urinal-based metaphor of trickling down.

In fact, it is looking like the Disaster Capitalism has it projectile vomiting upwards.

Guy Whitey Corngood

(26,500 posts)
8. Awesome! That means, just a few more decades and
Mon Jun 29, 2020, 04:09 PM
Jun 2020

that Jack Kemp/Ronnie Reagan magic will start trickling all over us..... Like one giant golden shower.

Guy Whitey Corngood

(26,500 posts)
17. He might be right. This article clearly
Mon Jun 29, 2020, 05:20 PM
Jun 2020

shows the "progress" being made.

https://www.google.com/amp/s/local.theonion.com/reaganomics-finally-trickles-down-to-area-man-1819569412/amp

Reaganomics Finally Trickles Down To Area Man



HAZELWOOD, MO—Twenty-six years after Ronald Reagan first set his controversial fiscal policies into motion, the deceased president's massive tax cuts for the ultrarich at last trickled all the way down to deliver their bounty, in the form of a $10 bonus, to Hazelwood, MO car-wash attendant Frank Kellener.

"Back when Reagan was in charge, I didn't think much of him," Kellener, 57, said, holding up two five-dollar bills nearly three decades in the making. "But who would have thought that in 2007 I'd have this extra $10 in my pocket? He may not have lived to see it, but I'm sure President Reagan is up in heaven smiling down on me right now."

Leading economists say Kellener's unexpected windfall provides the first irrefutable proof of the effectiveness of Reagan's so-called supply-side economics, and shows that the former president had "incredible, far-reaching foresight."

czarjak

(11,269 posts)
18. Sean Hannity's "work hard and play by the rules, YOU can be a success in America"...
Mon Jun 29, 2020, 05:52 PM
Jun 2020

Advice finally kicking in?

Lonestarblue

(9,981 posts)
12. Jeff Bezos alone made billions from increased Amazon orders.
Mon Jun 29, 2020, 04:50 PM
Jun 2020

Kushner and FEMA gave multi-million dollar contracts for PPE at hugely inflated prices to well-connected companies. Tech companies like Zoom benefitted. Plus the tax benefits in the CARES Act allowed companies to refile past tax returns and claim new losses to get millions of dollars. Republicans working the system the way they always do to cheat everyone else.

bucolic_frolic

(43,146 posts)
14. I'm not a big fan of the guy
Mon Jun 29, 2020, 05:02 PM
Jun 2020

and he has appeared with Trump over the decades, but Robert Kiyosaki's "Conspiracy of the Rich" was to me the most noteworthy book he wrote by a long shot.

And yes, to provide housing and jobs to the masses, real estate tycoons and slumlords get all the tax breaks. Just about any city has one who maximizes tax deductions for growth rather than income to be taxed, never repairs much of anything, works against all regulations the city/state/feds can lay down, and is insanely rich. They must have lobbied Congress like crazy to get such a tax code for themselves, because it's sure not working very well for me.

Latest Discussions»General Discussion»Surely there is no connec...