Showing posts with label reform. Show all posts
Showing posts with label reform. Show all posts

Friday, February 10, 2012

The Business of America is Equality, not Business.

Okay, so back in 1925, a guy named Calvin Coolidge is reported to have said, “The Business of America is Business.” But that is not the case. The actual statement was: "After all, the chief business of the American people is business." However, Coolidge goes on to say that, "Of course the accumulation of wealth cannot be justified as the chief end of existence." So the 30th President of the United States is continuously misquoted by historians and the press, when the actual quote is available to anyone with a web browser. I wonder why that is?

The same is true of the often misquoted line from Timothy in the New Testament, “Money is the root of all evil.” In fact, the statement is : “For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.” (1 Timothy 6:10, KJV.) I guess something gets stuck in our heads and we just keep repeating it. Or is it something else, something a bit more insidious?

Now, I'm not going to start some great conspiracy theory of the Illuminati or some other secret group that is dedicated to keeping the lower classes in their place. But you have to wonder why thoughts like these are constantly put in our heads. I mean if you take the misquotes as ideals of capitalism, then we must be out of our minds to continue as capitalists. Especially when you consider that money is power in our modern world. An accurate quote from Baron John Acton is:”Power corrupts, and absolute power corrupts absolutely. Great men are almost always bad men.” The baron was speaking of monarchies at when he said this, but the saying can be applied to wealth in this century. And the evidence is abundant.

The 2010 Supreme Court decision of Citizens United v. Federal Election Commission is the latest step of the wealthy and privileged to exert their power in the form of Political Action Committees, or PACs, over the poor by claiming the right to act as private citizens under the First Amendment. This flawed decision means a corporation can spend as much money as it chooses to promote the candidate of their choice, regardless of the qualifications or political affiliation of the candidate. Wealthy individuals as well, although barred by Federal Election rules from making single massive contributions to a candidate, can now give without limitation to these PACs. At the very least, this places the candidates who do not favor corporate policies at a disadvantage, since they will not receive the same funding as the favored candidates. At worst, this allows the wealthy and the corporations to inevitably place a stranglehold on the U. S. Congress that will lead to the only benefits for the wealthy and nothing for the poor.

Am I being an alarmist? Hardly. If you look at the trends around the country to curtail the rights of workers and the middle class, you can see the signs. We now have 23 states with Right To Work laws, laws that prevent unions from building their funds to fight unfair management practices. The argument is that unions are no longer needed to defend workers because the NLRB and OSHA are government agencies with the purpose of protecting labor. But a closer examination of this argument shows these agencies are simply administrative and have no real power to intervene. Their recommendations end at congress, if the corporation is unwilling to accept them, and if the congress is filled with corporate elected representatives, I am sure you can imagine what will happen to those recommendations.

So the bottom line to all this? We need to elect men to office who are willing to re-balance the laws of this nation to level the field for all. In order to do this, three fundamental goals must be accomplished.

1. Term limits must be imposed on all members of congress. Career politicians are much more subject to corruption and are much harder to catch. They learn the “ins and outs” of accepting PAC and Special Interest money without being caught. They learn to deceive, and once they learn that, someone has something over their head. To quote the plaque on Colson's wall during the Nixon administation, “When you've got 'em by the balls, their hearts and minds will follow.”
2. The Citizen's United ruling must be overturned. Whether this be by an amendment to the Constitution specifically limiting the rights of the individual to mean the individual citizen, or by an attorney who is capable of arguing this through the Supreme Court, the idea of Corporate Personhood needs to be eliminated.
3. Eliminate the tax shelters and Social Security caps for the wealthy. It seems to me unconscionable those who have benefited most from living in a free nation by the labor of those who have provided their income are unwilling to contribute their fair share of revenues. Exercising our legal right to tax fairly, and eliminating caps on Social Security earnings for the individual will not significantly affect the lifestyle of the wealthy, but it will help this nation to provide vital services which are in danger of being cut to the millions of Americans who need them.

There are other issues to be addressed, but these three will level the field, and return us to what the founders intended … A Citizen Government!

Friday, January 20, 2012

Update on the Woodmancy Campaign

Matthew Woodmancy is on the primary ballot for March 20th, running against a very able opponent who apparently stands for absolutely nothing.
I mean, I understand that some politicians like to keep their politics close to the vest, but Steve Waterworth's blog reads like a third rate Dear Abby. And I have yet to read one bit of information about the man other than he has unsuccessfully run for office twice. Not once. Twice.
Matt Woodmancy, on the other hand, has made full disclosure on his facebook page and now on his website. His platform is posted for all the honest world to see and he doesn't back down. He's participated in reddit discussions with constituents, has agreed to participate in the League of Women Voters Debate on February 29th in Macomb, and will continue to speak out against the corporate owned politicians that are ruining this nation.
Can anyone tell me the appeal of Waterworth? I'd really like to know.

Wednesday, May 18, 2011

Guest Editorial - Matthew A. Woodmancy on Social Security

Saving Social Security


Social Security has been called the third rail of American Politics: if you touch it, you die.

That is exactly the kind of thinking that has led to Social Security reform falling not only between the cracks, but has so endangered the program that experts are telling us by as early as 2020, the program will no longer be able to sustain the millions of Americans who will be depending on it to survive.

The streak of not talking about Social Security ends now. We have a real problem in this country and now is the time for real solutions. Taxpayers pay 6.2% in Social Security taxes while their employers pay a matching amount. Self-employed workers pay it all themselves. But it caps at 12.4% and nobody pays any Social Security tax at all on any income over $108,600 a year. That means individuals pay a maximum of $6,733.20 and their employer pays the same amount. Once again the Republicans are protecting their power base of wealthy donors while leaving 98% of Americans out in the cold.

If we were to raise the tax on Social Security 2.2% and split that increase equally between taxpayer and employer, we would ensure that Social Security is there for the next 61 years. In 1998, a general tax increase of 2.2 percent was planned out to aid in social security, but in 2011 it still has yet to happen. The idea of a 2.2% solution is simple, but short-term, at best. With the current funds, Social Security can exist until 2032, and with the 2.2% it could last until 2072. So that isn’t the only step that needs to be taken.

A CEO, a major sports figure, or actually anyone making more than $108,600.00 a year gets a free ride on all income above that level. If that CEO makes $6 million dollars in a year, his Social Security contribution has been paid in the first week. The rest of their income is not taxed for Social Security. The average American will always be paying Social Security tax on 100% of their income while the richest among us will never pay more. Somehow they think their obligation to their employees ends at the failed pension plans and diminishing health plans that now permeate our society and threaten to destroy our economy. They are wrong.

America is a land of opportunity, a land where everyone deserves to receive a living income when they have reached the age where they can no longer work. I am not talking about a free ride for the poor or the rich, but a level playing field where the wealthy can still enjoy the fruits of their labor while allowing the average Americans to live out their lives in comfort, not poverty.

If we level the playing field and make everyone pay the same 6.2%, no matter of how much they make, we can save Social Security. Employer contributions would cap at 6.2% of $200,000.00, and the remaining income above $200,000.00 would be paid fully by the employee. In this way, we shift the burden of Social Security on all Americans, preserve the ability of employers to create jobs and pay decent living wages, and protect our senior citizens from poverty.