"America can end its budget crisis today by simply taxing the abuses and wealth giveaways of the
Federal Reserve banking system and the inefficiencies in our economic system while we adjust
our tax system so that all sources of wealth income are taxed equally."
Why share? Sharing the broad spectrum of innovative thought, ideas, data and opinion from the blogosphere will help nurture our democracy. Sharing the information and commentary on this website and blog along with other websites with similar objectives with your social and business networks will help fill an information vacuum with opinion, statistics and truth suppressed by mainstream media sources.
The theme of this info-website is "America does not have a real budget crisis." It has a crisis of greed and exploitation of the working class by the financial community, wealthy elite and corporations dependent upon government power for the creation of artificial wealth, profits and wealth protection.
The primary goal of this website and blog is to help the average American understand the class war being waged against them by the Federal Reserve, corporations and their own government. This website takes a forensic look at tax policy, top-down class warfare, government lies and deception surrounding entitlements and the abuse of government power for self interest.
Every blue box and content block offers insight into the cause and effect relationships governing America's top-down class warfare.
"Deficits Are a Staged Illusion" tab is a five part series that explains how working class wealth is transferred from the working class to the balance sheets of the clients of the Wall Street Brotherhood that include our politicians.
Blog.Solonsays.com is a commentary published one to two times monthly.
(Each tab and content block on this website offers insight into the moral imperative to arrest America's slide into fascism)
Analyzing America's Most Guarded Statistic: Wealth
FRAMING THE TAX BURDEN AROUND WAGE INCOME GIVES THE ILLUSION OF A DEBT CRISIS
Source: Federal Reserve Data, b.100 tables
The above graph reveals that the debt crisis itself as well as the attack on the entitlement programs are being wagedby ideological fanaticism not an economic facts. Wealth in America is growing three times faster than the Federal debt. It is crystal clear that the nation's economy has produced more than enough wealthif taxed equitably to pay all its bills on an annual basis regardless if you disagree with how the money was spent.
Both graphs reflect parallel trends that show the economy has been managed like a Bain Capital acquisition since 1980 . The dynamics of creating historic levels of artificial wealth divorced from the tax code is the definition of systemic political corruption. The spoils have created $60+ trillion of new wealth since 1980 concentrated to an elite class of plutocrats that have saddled the working class with the nation's debt while losing their jobs, benefits and purchasing power. The parabolic spike in the top 10% income shares reflects the succession of the plutocrats from the tax code that began in earnest during the Reagan Presidency.