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Redistribution of wealth: Obama vs. McCain

Before I start, I’m going to remind everyone of something said by George H. Bush that helped him win an election: “Read my lips, No new taxes.” It was a lie.

So before you get caught up with “Obama is a socialist” or “McCain is better for business because he won’t “redistribute your wealth” remember, campaign rhetoric has very little to do with the real world.

The real world has already redistributed wealth. It’s been happening progressively for the last 150 years- since the birth of the Industrial Revolution and the entity known as the Corporation. Even Henry Ford who was an iconic figure in this transformation of society from agrarian to industrial, understood that it didn’t do any good to build cars that cost so much his workers couldn’t afford, so he had two options- make his cars cheaper or pay his employees more. Ford did both and was one of the engines that started to create the “richest nation in the world.”

And, while we still live in splendor compared to many countries, over the last 30 years, we’ve been doing it on borrowed money. Credit cards, second mortgages (marketed as “Home equity lines”) and negative savings (where we borrow more, and save less) have transformed us from powerful world beaters, to a nation of deadbeats. In the rush to feed our insatiable quest for more right now for less, we’ve traded our great manufacturing engine started by Henry Ford in for a “service and information economy” where we don’t make things anymore or worry about our employees ability to buy the products that we now outsource the labor from third world nations.

So, what this really means is that we’ve been redistributing wealth all along. Your money has been either siphoned off by the billionaires of Wall Street, CEO’s of huge corporations that forgot Henry Ford’s lessons, or by third world nations like China who makes everything sold at WalMart.

Your wealth has been redistributed, only you weren’t paying attention. The media, the government and those who’ve had their hands in your pockets have had no interest in telling you this, because media and government have been getting bigger and the people who’ve been digging in your pocket have gotten insanely rich. The gap between rich and poor today in the United States is exponentially larger than it was in feudal times when Kings demanded servitude. We can only continue on this path for a short while longer before we will have a revolution- just like the Boston Tea Party.

John McCain is not one of us little people by any stretch of the imagination. The grandson and son of Navy 4 star admirals, he’s led a life of privilege along with his service. In his campaign for the presidency he has looked for any number of attacks to sway the public, the great number of us who are suffering the worst through this pillaging of our great nation. McCain’s last stand is that Barack Obama, the candidate with the funny name, different skin color and a true American dream story of rising above our circumstances to achieve greatness- is somehow going to take more away from the people who’ve already lost it all in some stunning sleight-of-hand, where you can squeeze more money out of a nation that is teetering on the verge of financial ruin. This is pure, unadulterated B.S.

The wealth is, for the most part, gone, and we’re already going to pay for the greed of those who’ve already stolen our future for years to come. That’s what this bailout was- socialism for the rich. Every American has already committed to bailing out the very bad business decisions of the super-rich, while watching their home values plummet as the foreclosure rates skyrocket.

We, the taxpayers have been funneling money into the largest banks for virtually free, while they continue to raise rates on credit cards, bank fees, and refuse to renegotiate terms.

Before you vote on Tuesday, think twice before you believe that either politician can really change anything, but know that at least one of the two hasn’t tried to scare you into believing that wealth redistribution is something new. We’ve been doing it quite effectively for years, and that’s why so many of us are hurting right now.

I believe that we have to change our system and that voting for Barack Obama is the only true chance at seeing this through. We’ve suffered through eight years of a child of priviledge in the White House, it’s time to see what a true self-made American success story can do.

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