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Bush is entirely on the side of the investor. This is why Bush cuts taxes whenever he can. This is why Bush doesn't bother with business scandals. This is why he does not work against offshore business tax havens. This is why he is for privatizing Social Security and Medicare.This is why he is against regulation. This is why he is not bothered by the huge deficit but actually favors it because it prevents Congress from passing laws benefiting the worker.
Help the investor, Bush thinks, and you help everybody. The investor makes money and it trickles down to others. The fact that millions in the U.S. are still waiting for the trickle to reach them does not bother him at all. Investors are so happy with what Bush is doing that they are zealously throwing campaign cash at him. Almost $200 million.
Conservatism? Nonsense. Business pays cash in order to increase its bottom line.
Democrats think differently. Democrats want equity for all. Because the super-rich investor gets his way with the money he judiciously doles out, he doesn't need much help. Democrats want to help the worker who can't find a job. They want to help the worker who lives below the poverty line even though he has a full-time job. They want to help the worker who hasn't gotten a raise in years though his company has been making huge profits. They want to help the worker whose job is being sent overseas.
We have 100 times as many workers (those whose livelihood comes primarily from working) as we have investors (those whose livelihoood comes primarily from investments). So it definitely makes more sense to consider the needs of workers than of investors. But currently the emphasis is the other way round: We take care of the minority investor class and disregard the majority working class.
It's time to help all those who work for a living. And the Democratic Party is the party that will do this. We can't rely on so-called "conservatives" or even "moderates." One of these "moderates" is Arnold Schwarzenegger. He was going to get Democrats and Republicans in California working together. He was going to achieve a compromise. But, unfortunately, his heart is with the investor class, not the working class.
I got a hint of his investor bias when he made fun of Warren Buffet when, during the recall campaign, Buffet suggested that the property tax needed to be overhauled by having the rich pay more taxes on their property. I felt almost certain about it when, after election, Schwarzenegger insisted their would not be any new taxes. As everybody knows, you can't collect much in the way of taxes from workers who do not earn much. A new event in today's news makes me positive Schwarzenegger is all out for the investor and is against helping the worker.
Schwarzenegger decided to cut the funding for the Institute for Labor and Employment, which is based at UCLA and UC Berkeley. Why? He is cutting the budget. OK. Why does he not cut the business school? Because corporations would not like it. Corporations are screaming that he should cut this small labor institute because it encourages labor unions. They do not object when the business school invites union-busting experts to talk about how to get rid of unions.
Where's the compromise? There is none. Schwarzenegger is for the investor class, not the worker class.
The big political divide in our country is not between liberalism and conservatism, and I have no idea what a "moderate" is. The real divide is between wage earners and money investors. Today the investor class is way ahead. Democrats must seek a little more class equity by helping the worker class.
