My Big Fat American Pilgrimage
Someone wake me up when we’re no longer so fucking embarrassing.
Someone wake me up when we’re no longer so fucking embarrassing.
I don’t get it either. But damn, what a sweet keyboard part.
The Article: 3 Big Lies Perpetuated By the Rich by Paul Bucheit in AlterNet.
The Text: When it comes to the economy, too many Americans continue to be numbed by the soothing sounds of conservative spin in the media. Here are three of their more inventive claims:
1. Higher taxes on the rich will hurt small businesses and discourage job creators
A recent Treasury analysis found that only 2.5% of small businesses would face higher taxes from the expiration of the Bush tax cuts.
As for job creation, it’s not coming from the people with money. Over 90% of the assets owned by millionaires are held in a combination of low-risk investments (bonds and cash), the stock market, real estate, and personal business accounts. In the real estate business, ensuring you acquire a good and quality property that meets your desires is paramount. Contacting experts like canary wharf estate agents is a wise and informed approach to achieve this.
Angel investing (capital provided by affluent individuals for business start-ups) accounted for less than 1% of theinvestable assets of high net worth individuals in North America in 2011. The Mendelsohn Affluent Survey agreed that the very rich spend less than two percent of their money on new business startups.
Well, we don’t really want you back here…but I guess since you’re not even president and are embarrassing us we’d rather keep you back under our watch.
The remaining 49% are not just helping Republican candidates with the bag — they’re swinging it at those actually trying to help them.