COST- METHOD  OF SELECTING POLITICAL LEADERS

1980--Carter-Reagan $29.4 million in federal funds each—Anderson $18.5 million.

1996-- $448.9 million

2000-- $649.5 million

2004-- $4.2 billion—Bush $362 million $5.92 for each vote—Kerry $362 million $5.52 per vote.

2008-- $7 billion

2012--$9.8 billion for statewide, municipal, congressional and presidential campaigns.

Romney $1.13 billion Obama $1.08 Billion.

2012—political donation record Sheldon Adelson  $100 million.

The average cost of a Senate campaign has gone from $2 million in 1990 to $8 million in 2010—the average House campaign from $320,000 in 1990  to over $1.1 million in 2010.

Under the present system the political contributions of millionaires and billionaires has produced a “Millionaires Club” made up of 67 Senators (67%) and 183 House members with assets over $1 million to do ALL the people’s business while only 1% of Americans are millionaires.  The “Millionaires Club” is so busy repaying and protecting the millionaires whose contributions made their election possible they do not have any time to devote to solving the many problems such as poverty, unemployment, Social Security, Medicare and healthcare facing the millions of Americans in the 99%.

Consider the fact that the $2 billion contributed to Romney-Obama in 2012 by millionaires would create 150 thousand Arkansas minimum wage jobs ($6.25 an hour) and pay the wages for one year on those 150 thousand jobs!!!

Voters have the power to change the millionaire control in American politics.  However only about half of Americans qualified to vote will take the time to vote and many of those who don’t have a million dollars will vote for the candidates selected by millionaires like Sheldon Adelson.

Will you work and vote to change the manner in which elections are held and to change to a system where qualifications of the candidates are more important than the amount of money they can raise.  Or will you continue to support the present system by not voting or voting for the candidates that millionaire’s dollars have selected?   Study the candidates and their contributors and then vote wisely.

 

I

PROMISES PREDICTIONS AND PERFORMANCE

DEMOCRATS REPUBLICANS

            DEMOCRATS

President Clinton raised taxes (without a single Republican vote) left office after 8 years, with the longest economic expansion in America’s history:

Created over 22 million new jobs.

Lowest unemployment in 30 years

Lowest inflation since the 1960’s

Largest six year drop in poverty in 30 years.

Extended solvency of  Medicare  from 1999 to 2025

A record budget surplus four consecutive years.

Left office with an approval rating of 65%  the highest since Eisenhower

                REPUBLICANS

President George W. Bush enacted the largest tax cuts in America’s history primarily benefiting the richest (opposed by Bush Economic Advisement Council—opposed by 450 economists, 10 Nobel Prize laurets who signed this statement: “these cuts will worsen the long-term budget outlook..will reduce the capacity of the government to finance Social Security and Medicare benefits as well as investments in schools, health, infrastructure, and basic rsearch..and generate further inequalities in after-tax income” and left office after 8 years with the second worst economic collapse since Hoover’s great depression.

Lost 2.6 million jobs the last year in office, 1.9 million the last 4 months the highest in over 60 years.

The total number of unemployed Americans rose 632,000

Budget surplus—0 years

Disapproval rating October 2008 71%

National debt increased over 100%,  $5.6 trillion to $11.3 trillion , second highest in history exceeded by Reagan’s 300% increase

                                  Stock Market

Lost 25.1% during Bush 8 years.

Gained 95.9%  during Obama’s 3 ½ years.

                                   Jobs

Bush lost 2.6 million last year in office

Obama added 5 million last 41 months

                                    National debt

Reagan increased 300%

George W Bush increased over 100%

Obama (figure %--11.3 trillion to 16 trillion)

278 words --Work in progress not to be used in this format in PCR blog without prior written consent of author John Hotz

TAX FACTS AND FICTION

70% plus-- tax rate from 1936 to 1980 DOUBLE THE CURRENT RATE of 35% and as high as 94%. 

Republicans claim that the tax rate is “high” is not supported by historical facts.

0- amount of federal income taxes paid by 10,080 households with $200,000 adjusted gross income in 2009.

0-amount of federal income taxes paid by 4.5 million S corporations, 2/3 of all American corporations. Bechtel with 44,000 employees and $31.4 billion in revenue in 2008 is an S corporation.

Thousands of individuals and S corporations have already reached the Republican goal of 0 income tax.

Billionaire Warren Buffet pays a federal tax rate of 17.4%.

Millionaire Mitt Romney pays a federal tax rate of 13.9%.

70% of America’s millionaires believe they should pay more taxes.

Republicans say millionaires and billionaires like Romney and Buffet pay too much in taxes and propose a 20% ADDITONAL tax cut.

64% of all Americans believe millionaires should pay more taxes.

Write Senator Boozeman and Congressman Crawford and ask (1) why they will not vote to increase taxes on millionaires and billionaires when 70% of millionaires themselves believe they should pay more taxes, 64% of all Americans believe millionaires and billionaires should pay more taxes. The tax rate is half of what it was for over 40 years of prosperity.  (2) Sixty million Americans just voted for  President Obama who promised to raise taxes on millionaires and billionaires. (3) What is a fair percentage for Buffet to pay on the income from his $44 billion? (4) What is a fair percentage for Romney to pay on the income from his $250 million? (5) If all Senators since the income tax law was enacted in 1913 had signed a pledge and never raised the tax rate do you believe America would have had sufficient funds to wage and win World War 1 and 11 and (6) why did you sign a pledge to never raise taxes?

Republican # 1 Priority--Make Obama a One Term President

     McCain and Lindsey do not know the election is over and Obama won. They are going full speed ahead with their number 1 priority of the last 4 years say or do anything without regard to whether or not it is true to embarass President Obama.
   Karl Rove and his contributors blew $300 million in Super PAC money and know the election is over.
   McConnell and Boehner know the election is over and the next day after the election McConnell held a $2,500 per head fundraiser to add to his $7 million in the bank to get re-elected in 2014.
   During the Republican Primary and general election Republicans from top to bottom promised Americans jobs, proper health care, to solve the immigration problem and a robust economy.
   There has not been one Republican who held a press conference since November 6, 2012 and presented a plan for solving the many problems facing Americans--jobs, taxes, health care, immigration---their number 1 priority after the 2012 election is the same it was for the past 4 years---POWER--get Republicans elected.
 

   

Voters Who Knew Romney and Ryan Best

                                Romney
Hometown--Belmont 79% of 17,822 voters voted for Obama
Home State--Massachussets voted for Obama. 
New Hampshire--Million dollar home spent night before election voted for Obama
Maine--$10 million  home voted for Obama
California--$12 million dollar home with three car elevator votd for Obama

                             Ryan
Hometown--Janesville 15,596 votes for  Democrat challenger to 13,279 and 60% voted for Obama
Home County--Rock 60% voted for Obama
Home State--Wisconsin voted for Obama

The voters who knew Romney and Ryan best made their judgment on their qualifications for public office  on November 6, 2012 and that judgment was-- they were not qualified.