A Christmas Corral Of The U.S. Treasury: Trump Signs Oligarch Welfare Bill Into Law

https://i2.wp.com/media.breitbart.com/media/2017/12/trump-signs-640x480.pngLike a sign of overcompensating for, you know, the signature gets hyuger every time he writes it.

Washington D.C., United States Of America Under Financial Totalitarianism

Lucy Van Pelt: I know how you feel about all this Christmas business, getting depressed and all that. It happens to me every year. I never get what I really want. I always get a lot of stupid toys or a bicycle or clothes or something like that.

Charlie Brown: What is it you want?

Lucy Van Pelt: Real estate.

                                                                                                                                    Charles Schulz

It was written, rewritten and rewritten, then it was signed (wow was it signed), and it is done. The Oligarch Welfare Bill is now the unadulterated law of the land.

It was done with relative ease, since it didn’t even require a thorough reading by the establishment Republicans or the cooperation nor the presence of the establishment Democrats and Bernie Sanders in the final days of crafting this Piece Of Shit bill. All it took to barrel it through was to bribe Bob Corker by adding a last second provision tax break for pass through income via LLC’s, virtual company entities that work more like tools in making revenue in the business of real estate, which the retiring Senator accrued millions of dollars in while he has been a public servant.

It turned out the reason for Corky’s nay vote the last time was that this provision was not in the despicable bill’s house version and was added and authored by Utah’s Sen. Orrin Hatch, a man from the poor people and the chicken coop. So much for the senator taking a moral stand against Trump and massive deficits.

Senator Hatch was not only thinking of Corky and his aide, but himself and his wife and a posse of other GOP senators and house representatives with collectively millions of dollars accrued from real estate and equity holdings to profit immensely even more from the Oligarch Welfare Law (haven’t heard much reporting on how or which elected Democrat members will profit from their real estate holdings if they have them though). Including standout young’n house speaker Paul Ryan, who has been champing at the bit to get this bill created and ratified so the donors he sucks up to can now repatriate their massive tax avoiding wealth, collectively worth 3 trillion dollars, that have been trapped on their island shelters and lower taxed nations at the generous lower rate now instituted.

With all that hoarded money free at last, it can then flow through their LLC’s untouched by the Feds. Leading to more gentrification of the cities where they have invested properties in, which will cause more high end speculation. It will also kill small businesses like restaurants and bars, for LLC’s are also involved in dining and nightlife establishments too.

Now that their collaborated powerball winning legislation is now law, they are now (the only ones) celebrating. And since the Oligarch Welfare Law also includes massive tax breaks for alcohol distribution, they will surely doing shots with 100 year old scotch, bathing in 50 year old wine, and showering each other with the finest high end champagne.

The biggest winner is of course the elected and currently serving President (and his plutocabinet members). Continuing his lifelong streak since birth of privileged good fortune. And it’s a good thing too, since some of his branded properties have removed his ubiquitous name off of their buildings, which might have cost him quite a lot of cash (it’s the only evidence that he has divested from his businesses, by being forced to). With the passage and his ridiculous giant signature, which resembles a pathological liar’s lie detector chart pattern, ratifying it, the money will continue to flow through his world wide web of shell companies, ensuring and his billionaire status and a nice tax payer funded nest egg for his next of kin and their next of kin.

As for everyone else, the first year might be fine if you don’t own a home in New York, New Jersey or California, with the doubling of the standard deduction, but all those minor token tax cuts come to a screeching halt in a little less than a decade to justify the exorbitant costs of Oligarch Welfare Law, which with all the speculation on how it will make up for the 6 trillion dollars with all of the cash concentrated for the top earners by happenstance does not account the costs of future military conflicts or the catastrophic effects from hurricanes, sea level rise and land erosion and the long promised trillion dollar infrastructure plan Trump touted days after the white power siege of Charlottesville, will effect the nation’s budget in the next 5 years as these cuts get bigger for the top. Maybe the reason why they have not ended DACA is because, well, they need those kids to contribute to the redistribution of wealth with their weekly paychecks when they become adults. Maybe that will put a stop to build the new Wall Of Mexico (Nah).

So once you get your returns in 2019, don’t spend it too fast. Hell, don’t spend it at all if you are able to avoid sickness or injury, or from a climate disaster, no matter how impossible it is. For it’s the same logic that the avaricious, self-serving and donor-serving members of Congress utilized to craft this odious, rancid law. And they are not even done, for they are now concocting their B plan to fund it if these tax cuts cost the nation’s budget to implode. In fact this plan was implemented 2 weeks before they wrote the bill, knowing full well they won’t have the funds, current and speculative to finance them.

The Washington Post: Congressional Republicans are laying the groundwork to overhaul welfare programs for the poor

Republican lawmakers are preparing plans to restructure America’s welfare system, including putting new limits on who’s eligible for anti-poverty programs such as food stamps and housing benefits.

The details of the planned overhaul are still being determined, but congressional Republicans have already introduced policy proposals that would impose new work requirements on some of America’s welfare programs. Last year, House Ways and Means Committee Chairman Kevin Brady (R-Tex.) and House Speaker Paul D. Ryan (R-Wis.) unveiled a poverty plan as part of Ryan’s “A Better Way” agenda, which also called for the imposition of new work requirements.

The plans at the time were largely markers of future intention, signaling the party’s vision but not indicative of an imminent push for legislative action.

Something tells me this is going to take some filibustering  from the Dems to nip this and kill this in the bud if they have the spine (nah.) Extreme filibustering.

Figurehead Trump did not even wait to sign this. In all certainty he also didn’t fucking read it. In his golden ukelele string maned covered head, he wanted to fulfill his promise to sign the bill before Christmas. The thing is of course that the promise he was most concerned about, after all the other failed ones regarding immigration and travel bans, was the promise to enhance his personal wealth. This is the fleshed out, current reality based adaptation of Dickens’ Christmas Carol, except that Scrooge sleeps through the four ghosts that invade his dreams and continues hoarding his wealth siphoned from the masses. As the timid elected Democrats, collectively resembling the meek assistant Ratchett, let him get away with this shit without true assertion and protest.

So forget about any Christmas cheer and gift giving in the lower and middle classes in the near future. Don’t want to forget those that yearn for higher education. For we have to pay their fair share now and our children and their paychecks are the future. Extreme fair share. Hopefully us proles will be able to hoard our money as well as the higher society populace of corporate executives, shareholders and of course our chosen members of legislative and executive public service did.

 

 

The Oligarch Welfare Bill

https://cdn.vox-cdn.com/uploads/chorus_asset/file/9785531/871814086.jpg.jpgWith god on their side, Speaker Ryan and Senator McConnell in a moment of solemn praise for growing wealth disparity. Say your prayers, nation and society.

Washington D.C., The Cesspool By The Potomac, U.S.A.

“The city of Washington was built on a stagnant swamp some 200 years ago, and very little has changed. It stank then, and it stinks now. Only today, it is the fetid stench of corruption that hangs in the air” 

Lisa Simpson

“Cash rules everything around me, CREAM get the money, dollar dollar bill y’all”

Method Man

The “Tax Cut and Jobs Act”, this abominable bill to further continue the repatriation of wealth that has been going on for over 30 years is a virtual death sentence and double taxation on the citizenry of this nation. Unless anyone in the middle and lower classes wins the state lottery or avoids injury or sickness, in 10 years they will be more responsible maintaining the solvency of this country and it’s budget than all the greedy misers it is solidly ascertained to benefit.

This is a budget plan for corporate and inheritance welfare that no one is confident in. No one that counts anyway according to the Senate leader, House speaker, Figurehead Trump and his plutocabinet, which consists of the Tax Policy Center and about 70% of the people of this nation who are aware of this circle jerking by the donor money whoring GOP members of the legislative and the current executive branch.

You think after the last national tax cuts passed with bipartisan approval from the 80’s and 90’s, and the truly irresponsible hazardous ones from 2001, 2003 and the one approved a year after the bailout of the banks in 2009, which was one of the greatest acts of unacknowledged socialism since the New Deal, that these ultra successful corporations and beneficiaries of personal wealth would feel somewhat content with what they have achieved and earned with all the breaks they got. Fuck, no. You think that these people (including corporations, for they are considered individual persons) gave a shit if they were willing to spend so much money on lobbyists influencing legislation to install loopholes and donating to dutiful congressional whores instead of using that cash to give dutiful raises to their employees? Fuck, no.

The gargantuan cut to repatriating money from offshore bank accounts placed there by corporations is supposedly to encourage them to use the savings to create jobs here. So with these obscene tax cuts, will there be raises, better health plans and retirement benefits for all their efforts, eliminating the need for a nationwide raise of the minimum wage to $15 and universal coverage? Fuck no, either. Will all that money they will save legally evading their fair share of taxes go towards innovation or opening up new facilities for manufacturing products like clothes? Fuck no, either. For all that money will continue to stay put in their personal portfolios and accounts, only now they will keep the money in the basements of their sprawling mansions. Hell, they might just be able to build actual poolside banks of their own to keep their government sanctioned ill-gotten gains in and the money they will save on a p.o. box in a hut on some island resort. As the working poor will continue to live check to check and the middle class will continue to struggle to maintain themselves and accrue their own savings.

According to the authors of this bill, these cuts will pay off in the long run with all the new business it’s prospected to generate. What is not prospected by these jackasses is the inevitable burdens this will place on the people and their livelihoods it’s proclaimed to help. What is not prospected is the immediate effect it will have on the people, who vote but don’t donate, on the deleterious effects on their health insurance programs, their ability to own a home or rent, and what will happen when they are aged and unable to work.

It doesn’t even take into account on what happens when the affordable care act gets repealed, which will give millions of people a virtual death sentence lead to a jump in mortality rates. Or even how the future military conflicts, which might include a new world war induced by the idiotic social media insulting by Figurehead Trump and his catastrophic stupid executive order determining Jerusalem as the sole capital city of Israel, will affect the oligarch welfare tax cut. But the small mega-moneyed population doesn’t want to pay taxes for their vast personal property and foreign investments.

And they certainly don’t want to pay for their other properties in coastal cities and metropolises in New York and California, via the cuts for pass-through companies like LLC’s that consist of partners unnamed and unverified and foreign, which have been wholly responsible for the spread of rampant gentrification of them and the elimination of state and local tax deductions for it’s citizens. These new profits will come at the expense of street infrastructure and transit services, law enforcement, fire prevention and public education, which will certainly be vulnerable for privatization.

The obvious beneficiary and most important to our leader Trump, is that all these cuts will benefit him and his brand (though both are not mutually exclusive), his businesses and his family. Making this look like the brazen quid pro quo between this president and the GOP hacks that disgruntledly backed him last year after all the disparagement he gave them. It looks like their masochism paid off.

This bill if verified will have the most detrimental impact on the nation and it’s citizens since the Patriot Act, which has dwindled the freedoms entitled to everyone in the first and fourth amendments and has not stopped or discouraged terrorism at all and like this oligarch welfare bill, was rushed into legislation and approved without a thorough reading. But at least that didn’t have chicken scratch revisions to it placed just hours before convening to vote on it.

https://i2.wp.com/static3.businessinsider.com/image/5a21ee6ef914c31f008b789c-906/screen%20shot%202017-12-01%20at%2070525%20pm.png

This is less legible than the letter Navin Johnson got from Bernadette Peters in The Jerk, which in his case he had difficulty reading because his dog Shithead gave it to him while he was taking a bath.

Besides, according to two sniveling senators, you should take responsibility and be more frugal. Sen. Chuck Grassley advises the people, which includes his constituents, to avoid spending money on booze, women and movies. For leisures like those can only be enjoyed by his moneyed donors and trust fund babies, which they will be able to partake more in with all the extra money being doled back to them to enable their frivolous spending habits.

This 500 page abomination is nothing but a government sanctioned Ponzi Scheme. For the multi-trillion dollar plan to be funded, it has to rely on induced investment monies extracted from the paychecks of the current workforce, then the future workforce once they get old and retire, depriving them of their hard earned money that would have went to pay for college debts and/or expensive health plans. And in the next 10 years their paychecks as retired people dependent on the social security and medicare that they invested in by working all their lives to enhance more obscene personal wealth for oligarchs and their heirs and the avaricious executives of multinational corporations and their shareholders.

Most of all, Trump and his family and his oligarch peers make off like the bandits they are. As their long time American Dreams, which will by law become a luxury, for collective wealth concentration will become infinite.  And no one will be able to do a fucking thing. Even a true revolution would be thwarted, because they will have the finances to own their own police and military. Which in the case of Figurehead Trump, he already has with the votes of you, the people. 

Essentially, it’s a domestic attack on everyone and the nation, not immediate like being attacked by a foreign enemy looming on the horizon, but a gradually slow disemboweling of people’s personal dwindling finances. It is plain and simple economic fascism. In a way, the oligarch welfare bill is sort of like how that hypothetical question given at polls of what would you do if you just a got a million dollars, except it’s billions over time with the help of a compliant congress of spineless beggars. The answer is clearly “I got mine”, because is if this piece of shit bill does pass, those whores who are in congress and the senate certain to lose their seats by the screwed over voters would not even give a shit because they will be set for life via their investments and personal fortunes, which they had no trouble building while remaining in their elected positions. These tax cuts will give them absolute finality to retire in tax payer funded comfort.

If “It’s A Wonderful Life”‘s Mr. Potter, the biggest symbol of selfishness, corruption and avarice, was still alive or even real, he would be doing donuts in his wheelchair all over the snow covered streets. Just like all those certainly to benefit for the next decade will do in their new private jets and yachts.