The Bush Crime Family's dream of turining the United States into Mexico is
closer to becoming areality.
(Did you know that the "Amero," which the Bush klan has arranged to
replace the dollar when "The North American Union" replaces "The United States
of America," is already printed and minted?)
The Bushes know that the now-estimated 38 million illegal aliens from
Third World oligarchies like Mexico will have no problem accepting as "just
the way things are" the facts contained in the following New York Times
report.
-- George Washington Admirer, a FORMER longtime Republican until the Bush
Crime Family hijacked that party
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Report Says That the Rich Are Getting Richer Faster, Much Faster
December 15, 2007
Report Says That the Rich Are Getting Richer Faster, Much Faster
By DAVID CAY JOHNSTON
The increase in incomes of the top 1 percent of Americans from 2003 to 2005
exceeded the total income of the poorest 20 percent of Americans, data in a
new report by the Congressional Budget Office shows.
The poorest fifth of households had total income of $383.4 billion in 2005,
while just the increase in income for the top 1 percent came to $524.8
billion, a figure 37 percent higher.
The total income of the top 1.1 million households was $1.8 trillion, or 18.1
percent of the total income of all Americans, up from 14.3 percent of all
income in 2003. The total 2005 income of the three million individual
Americans at the top was roughly equal to that of the bottom 166 million
Americans, analysis of the report showed.
The report is the latest to document the growing concentration of income at
the top, a trend that President Bush said last January had been under way for
more than 25 years.
Earlier reports, based on tax returns, showed that in 2005 the top 10 percent,
top 1 percent and fractions of the top 1 percent enjoyed their greatest share
of income since 1928 and 1929.
The budget office report takes into account a broader definition of income
than tax returns that is known as comprehensive income. It includes untaxed
Social Security benefits, welfare, food stamps and part of the value of
Medicare benefits, giving a fuller picture of incomes at the bottom than tax
data.
Much of the increase at the top reflected the rebound of the stock market
after its sharp drop in 2000, economists from across the political spectrum
said. About half of the income going to the top 1 percent comes from
investments and business.
In addition, Congress in 2003 cut taxes on long-term capital gains and most
dividends, which advocates said would encourage people to turn untaxed wealth
into taxable income. Some economists have said that the increase in incomes at
the top is illusory and is in good part simply converting untaxed assets into
taxed income to take advantage of reduced tax rates.
The Congressional Budget Office report made no attempt to explain the
increases in income in its annual report on effective federal tax rates paid
by people at different income levels.
Asked how much of the increase at the top was from the tax cuts rather than
market gains, Peter R. Orszag, the budget office director, said, "I can't give
you an answer to that because we just don't know."
Chris Frenze, Republican staff director for the Congressional Joint Economic
Committee, said the increase in top incomes is much more modest if viewed over
longer time periods. Since 2000, he said, the average income of the top 1
percent has risen $97,900, or 6.7 percent, the same percentage increase this
group had from 1992 to 1997.
Jared Bernstein , an economist at the Economic Policy Institute in Washington
who characterizes the Bush administration's policies as YOYO economics, based
on You (Are) On Your Own, said the differences in income growth explained why
so many Americans have told pollsters that they are feeling squeezed.
"A lot of people justifiably feel they are working harder and smarter, they
are baking a bigger and better pie, and yet their slice is not growing much at
all," Mr. Bernstein said. "It is meaningless to middle- and low-income
families to say we have a great economy because their economy looks so much
different than folks at the top of the scale because this is an economy that
is working, but not working for everyone."
At every income level Americans had more income, after adjusting for inflation
in 2005 than in 2003, but the increases ranged from almost imperceptible for
the poor to modest for the middle class and largest for those at the top.
On average, incomes for the top 1 percent of households rose by $465,700 each,
or 42.6 percent after adjusting for inflation. The incomes of the poorest
fifth rose by $200, or 1.3 percent, and the middle fifth increased by $2,400
or 4.3 percent.
The share of all federal taxes paid by the top 1 percent grew, but only
slightly more than half the rate of their growth in incomes because of the tax
rate cuts. The top 1 percent paid 27.6 percent of all federal taxes in 2005,
up from 22.9 percent in 2003, while the share paid by the middle fifth of
taxpayers declined to 9.3 percent from 10 percent in 2003.
The share of their income that the top 1 percent paid in all federal taxes and
in income taxes fell. The total tax rate dropped 1.8 percentage points, to
31.2 percent, from 2003 to 2005 while their average income tax rate declined
one percentage point, to 19.4 percent, largely because of the cuts in taxes on
capital gains and dividends.
http://www.nytimes.com/2007/12/15/business/15rich.html?_r=4&adxnnl=1&oref=slogin&adxnnlx=1197734868-8eyVWTsfbOn1x2DIjDvOSw&oref=slogin
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WHAT WOULD THE FOUNDING FATHERS DO? ...
"Merchants have no country. The mere spot they stand
on does not constitute so strong an attachment as that
from which they draw their gains."
-- Thomas Jefferson
"I hope we shall crush in its birth the aristocracy of our
monied corporations which dare already to challenge
our government to a trial by strength, and bid defiance
to the laws of our country."
-- Thomas Jefferson
"I believe that banking institutions are more dangerous
to our liberties than standing armies."
-- Thomas Jefferson
"Experience demands that man is the only animal which
devours his own kind, for I can apply no milder term to
the general prey of the rich on the poor."
-- Thomas Jefferson
"If the representatives of the people betray their constituents,
there is then no resource left but in the exertion of that
original right of self-defense which is paramount to all
positive forms of government ... The citizens must rush
tumultuously to arms, without concert, without system,
without resource; except in their courage and
despair ...
-- Alexander Hamilton
"No free man shall ever be debarred the use of
arms."
-- Thomas Jefferson
"The strongest reason for the people to retain the
right to keep and bear arms is, as a last resort, to
protect themselves against tyranny in government."
-- Thomas Jefferson
"As our enemies have found we can reason like men,
so now let us show them we can fight like men also."
-- Thomas Jefferson
"The spirit of resistance to government is so valuable on
certain occasions, that I wish it always to be kept alive."
-- Thomas Jefferson
"The will of the people is the only legitimate foundation of
any government, and to protect its free expression should
be our first object."
-- Thomas Jefferson
"We in America do not have government by the majority.
We have government by the majority who participate."
-- Thomas Jefferson
"All tyranny needs to gain a foothold is for people of
good conscience to remain silent."
-- Thomas Jefferson
"Every government degenerates when trusted to the
rulers of the people alone. The people themselves are
its only safe depositories."
-- Thomas Jefferson
"In matters of style, swim with the current; in
matters of principle, stand like a rock."
-- Thomas Jefferson
"Don't talk about what you have done or what you are
going to do."
-- Thomas Jefferson
"Every citizen should be a soldier. This was the case
with the Greeks and Romans, and must be that of every
free state."
-- Thomas Jefferson
"Do you want to know who you are? Don't ask. Act!
Action will delineate and define you."
-- Thomas Jefferson
"Experience hath shewn, that even under the best forms
of government those entrusted with power have, in time,
and by slow operations, perverted it into tyranny."
-- Thomas Jefferson
"If the American people ever allow private banks to
control the issue of their currency, first by inflation, then
by deflation, the banks...will deprive the people of all
property until their children wake-up homeless on the
continent their fathers conquered... The issuing power
should be taken from the banks and restored to the
people, to whom it properly belongs."
-- Thomas Jefferson
"If ye love wealth better than freedom, the tranquility of
servitude than the animating contest of freedom, go from
us in peace.
We ask not your counsels or arms.
Crouch down and lick the hands that feed you.
May your chains sit lightly upon you, and may posterity
forget that ye were our countrymen."
-- Samuel Adams
PLEASE EMAIL THESE LINKS TO EVERYONE YOU KNOW:
www.predatoryaliens.com
www.immigrationshumancost.org
www.daylaborers.org
www.alipac.us
"The Illegal-Alien Crime Wave" by Heather MacDonald
www.city-journal.org/html/14_1_the_illegal_alien.html
See the COLOSSAL costs of illegal aliens to the American taxpayer:
www.immigrationcounters.com
www.AmericanPatrol.com
www.SaveOurState.org
www.escapingjustice.com
Just two of MANY American cops murdered by illegals:
www.deputydavidmarch.com
www.kriseggle.org
"It does not take a majority to prevail, but rather an
irate, tireless minority keen on setting brushfires of
freedom in the minds of men."
-- Samuel Adams
"Unfortunately, the majority of illegal aliens who are here
are engaged in criminal activity. Identity theft, use of
fraudulent social security numbers and green cards, tax
evasion, driving without licenses represent some of the
crimes that are engaged in by the majority of illegal aliens
on a daily basis merely to maintain and hide their illegal
status. In addition, violent crime and drug distribution and
possession is also prevalent among illegal aliens. Over 25%
of today's federal prison population are illegal aliens. In some
areas of the country, 12% of felonies, 25% of burglaries and
34% of thefts are committed by illegal aliens."
-- Testimony of District Attorney John M. Morganelli before
the House Subcommittee on immigration, Border, Security
and Claims
.
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