While the American people loved Roosevelt's democratic socialism—and still do—the morbidly rich have always opposed any programs that lift up average working people.
Milligan and Jefferson were discussing Tracy’s call for a national sales tax , which both men opposed. Which is why the next sentence got right to the heart of the matter:
By socialism, of course, they don’t mean subsidies to the fossil fuel industry that made their billionaire donors rich. But the larger reason is that the GOP has been funded by morbidly rich banksters ever since the early 1920s, and those banksters would give nearly anything to have Social Security’s trillions in their banks instead of invested in treasuries.And like all insurance policies, some people make out better than others. People who live a long life may take more out of it than they put in; people who die young leave behind much of their working life’s contributions.
Almost as fascinating as Pence and the GOP’s efforts to privatize Social Security and “end socialism” are the media’s response to them.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
House Republicans to get briefing on Biden, Trump, Pence classified documents this weekCongress will receive a briefing on the contents of classified material found at the homes of President Biden, frmr. President Trump and fmr. Vice President Pence this week.
Read more »
Bill of the Week: Republicans Tell D.A.s to Bang Cymbals Together Like Animatronic MonkeysNew Texas bill throws prosecutorial discretion out the window.
Read more »
Pete Buttigieg says Biden handled Chinese spy balloon 'appropriately' amid backlash from RepublicansTransportation Secretary Pete Buttigieg came to President Biden's defense on Sunday when asked about the Chinese spy balloon, saying it was 'handled appropriately.'
Read more »
House Republicans consider resolution to condemn Biden over Chinese balloon: ReportRepublicans are reportedly considering a resolution to condemn President Joe Biden's response to the suspected Chinese spy balloon.
Read more »