Socioeconomic Inequalities (eBook, ePUB)
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Income inequalities create socioeconomic inequalities create socioeconomic disparities which all have been done to America for the last forty-two years. The goal this was to destroy American government, the U.S, Constitution, the American Republic, and its constitutional democracy. The oligarchs want the power they had in the British North American colonies and the powers in America for the first 131 years. They ruled over America from the anonymity of their new world fiefs after Alexander Hamilton, President Washington's Secretary of the Treasury used a "poison pill" policy when he set-up the...
Income inequalities create socioeconomic inequalities create socioeconomic disparities which all have been done to America for the last forty-two years. The goal this was to destroy American government, the U.S, Constitution, the American Republic, and its constitutional democracy. The oligarchs want the power they had in the British North American colonies and the powers in America for the first 131 years. They ruled over America from the anonymity of their new world fiefs after Alexander Hamilton, President Washington's Secretary of the Treasury used a "poison pill" policy when he set-up the American economic policy. Hamilton used, Adam Smith's "free Market" economics for the policy, but the Federalists had omitted governmental regulations and oversight.
Economics without governmental regulation and oversight is "liberal economics" and allows those in charge of the economics to operate above the law. The landed gentry, being of noble blood, had operated above the law throughout the colonial era in North America. The landed gentry had come to the new colonies, as lesser nobles, to claim the 2,000 acre tracts of land the colonies were offering to new immigrants who could prove they could manager them. The lesser nobles could prove that by their experience in their family's European feudal fiefs. The lesser nobles were fleeing the taxes levied in their monarchs' mercantile economic policies, that were eating up their fortunes rapidly. They came with those fortunes, did not work hard to build them, they made sure they had slaves to do that. The landed gentry used their fortunes to compromise the governors and proprietors of the colonies, to get laws passed they wanted and laws not passed they did not want.
This would be the way it was until the American Revolution. That power is what they wanted to have right into the new nation. They did not want the people to have "Life, Liberty, or the Pursuit of Happiness" and had to keep their colonial status quo at all costs. They fought against any individual rights being added to the Constitution and lost. They had to stop the people from being able to exercise those rights and privileges and did so for 131 years. Their greed and hubris crashed the world's economies in the first three years of the Great Depression. Hoover, spooked by looming national debt, raised their top marginal tax rate in June 1932, not to help the tens of millions of Americans, whose lives were devastated by their greed and hubris. Because their untaxed funds had been limited, they could not run their business cycles and the economic collapse started slowing. Roosevelt had won the 1932 election and had his "New Deal" for the American people, that he had promised in his campaign, ready to be enacted as soon as he was inaugurated in 1933. F.D.R.'s "New Deal" programs brought America back from almost total collapse, but the oligarchs have lied about that since. The 1% so hated those programs they plotted an armed coup d'etat in 1934, but "the Business Plot of 1934" was revealed by Major General Smedley D. Butler. The 1% had their tax rate increased which limited the amount of untaxed money they had to infuse in their business cycles but they still tried in 1934 and 1937. After the 1934 recession, the Roosevelt administration raised the top marginal tax rate to 75% in its U.S. revenue act of 1935. Those two recessions slowed America's recovery but did not stop it. The 1981-1982 Recession and the 2008 Great Recession were both also attempts by the oligarchs to crash America's economy again, but those attempts were stymied by the modern iterations of F.D.R.'s "New Deal" programs the federal Non-Defense Discretionary programs.
From 1981 the 1% infused the untaxed money from Reagan's tax cuts into the D.J.I.A., in case they could not get one of their own into the White House to finish the coup that was interrupted in 1934. The rest is history...
Economics without governmental regulation and oversight is "liberal economics" and allows those in charge of the economics to operate above the law. The landed gentry, being of noble blood, had operated above the law throughout the colonial era in North America. The landed gentry had come to the new colonies, as lesser nobles, to claim the 2,000 acre tracts of land the colonies were offering to new immigrants who could prove they could manager them. The lesser nobles could prove that by their experience in their family's European feudal fiefs. The lesser nobles were fleeing the taxes levied in their monarchs' mercantile economic policies, that were eating up their fortunes rapidly. They came with those fortunes, did not work hard to build them, they made sure they had slaves to do that. The landed gentry used their fortunes to compromise the governors and proprietors of the colonies, to get laws passed they wanted and laws not passed they did not want.
This would be the way it was until the American Revolution. That power is what they wanted to have right into the new nation. They did not want the people to have "Life, Liberty, or the Pursuit of Happiness" and had to keep their colonial status quo at all costs. They fought against any individual rights being added to the Constitution and lost. They had to stop the people from being able to exercise those rights and privileges and did so for 131 years. Their greed and hubris crashed the world's economies in the first three years of the Great Depression. Hoover, spooked by looming national debt, raised their top marginal tax rate in June 1932, not to help the tens of millions of Americans, whose lives were devastated by their greed and hubris. Because their untaxed funds had been limited, they could not run their business cycles and the economic collapse started slowing. Roosevelt had won the 1932 election and had his "New Deal" for the American people, that he had promised in his campaign, ready to be enacted as soon as he was inaugurated in 1933. F.D.R.'s "New Deal" programs brought America back from almost total collapse, but the oligarchs have lied about that since. The 1% so hated those programs they plotted an armed coup d'etat in 1934, but "the Business Plot of 1934" was revealed by Major General Smedley D. Butler. The 1% had their tax rate increased which limited the amount of untaxed money they had to infuse in their business cycles but they still tried in 1934 and 1937. After the 1934 recession, the Roosevelt administration raised the top marginal tax rate to 75% in its U.S. revenue act of 1935. Those two recessions slowed America's recovery but did not stop it. The 1981-1982 Recession and the 2008 Great Recession were both also attempts by the oligarchs to crash America's economy again, but those attempts were stymied by the modern iterations of F.D.R.'s "New Deal" programs the federal Non-Defense Discretionary programs.
From 1981 the 1% infused the untaxed money from Reagan's tax cuts into the D.J.I.A., in case they could not get one of their own into the White House to finish the coup that was interrupted in 1934. The rest is history...
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