Have you felt the Trickle yet?

Thank you to David Sirota for simply stating how only the wealthy have a voice anymore.


Confronting an energy and climate emergency, Republicans' answer was not massive alternative energy investments, but a 2005 energy bill giving tax breaks to the carbon-belching fossil fuel companies that finance the GOP. In the face of a health care catastrophe, the Bush administration's 2003 Medicare bill didn't crack down on pharmaceutical industry profiteering, but instead created a system that effectively subsidizes drug industry campaign donors. The list of examples goes on, and now includes the housing crisis.
The Fed's action says the solution to the credit crunch is not to re-regulate the banking industry or force it to clean house, but to loan Wall Street your hard-earned taxpayer money, allowing the same destructive system to remain and permitting the same vultures to stay in their jobs — and, of course, to keep writing big campaign checks.
But worst of all is the Trickle Down-ism. For three decades, our government has said economic challenges can be solved with tax cuts for the wealthy — the same people who, not coincidentally, underwrite political campaigns. Trickle Down-ism claims that the wealthy will spend the tax cuts and the benefits will "trickle down" to us commoners.
It's the same nonsense with housing today. The root of the financial crisis is mortgage defaults — brought on, in part, by Trickle Down-ism's original failure to raise wages. Yet, rather than help borrowers pay or restructure their mortgages, the government is covering the banks' losses, claiming that aid will eventually "trickle down" and benefit the rest of us.