Is Allen Boyd a Communist?
Here's a link to a post over at Nathan's SwarmUSA.com site where he talks about a post by
Graham Summers - The Stinging Critique of a Worker Bee. It reminds me of a sign I saw at Morons with Signs accusing progressives of being communists. Let's take a look at who the "real" communists are and let's see if our Rep. Boyd fits the bill.
.... Over the last 40 years, Americans has seen a dramatic decline in incomes, living standards, and generalized quality of life while their savings and wealth were transferred to Asia, OPEC, and Wall Street.
Indeed, when you adjust for inflation using the Bureau of Labor Statistics OWN data, REAL incomes have declined some 40%+ from 1972 to today (weekly earnings of $143 in 1972 are worth $746 in 2010 dollars… compare that to the ACTUAL weekly earnings of $355 today).
Between 1970 and December 2009, the US Dollar lost 81% of its purchasing power courtesy, at least partially, of the Federal Reserve and the economists who decide policy there. This, combined with the drop in weekly earnings, is why, in the ‘70s, only one parent worked and families got by whereas today both parents typically work and are struggling to make ends meet.
.....
Here we see that incomes for the middle class have been declining by shipping jobs overseas. This was supposedly done so American companies could *compete* with foreigners. Whom has that benefited? Certainly not the middle class as those statistics above prove. The CEO's pay went up dramatically while you and I got screwed. The communists in China sure got richer which leads to the questions: Are Republicans and most Democrats (especially the BlueDog Democrats) shipping our wealth to China because they are communists? Or are they just communist sympathizers? Or are they too stupid to see that shipping all those jobs overseas robs the middle class of the ability to buy all that crap in the first place? In that case, they are shooting themselves in the economic foot because that leads to those companies going out of business when the middle class goes under.
The next time someone calls a progressive a 'commie', remind them of who the real commies are. Then send them to sovereignmoney.com to learn about real solutions, not the half-assed financial 'reforms' we're sure to hear Allen Boyd bragging about soon.
