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From:
Date: 7/9/01
Time: 12:34:10 PM
Remote Name: 209.158.197.2
Yea, they COULD do all those nice things, but... naaaaahh.
This is from the "Hightower Lowdown":
"In 1960 America's CEOs averaged $190,000 a year - about 40 times what the average worker on the factory floor made. Today's CEOs average $20 million - 531 times a factory worker's pay! And they live like royalty - just after IBM chief Lou Gerstner fired 200,000 employees, he laid out $118,000 a year to hire a gourmet chef for his executive dining room!
These super-rich guys - the wealthiest 10 percent of our people - now own about 90 percent of all of America's assets. How did they get this wealth? Mostly the old-fashioned way - they got our government to give it to them, through subsidies, tax loopholes and by defunding most of our watchdog agencies.
And while the loudmouth congressional leadership and their gang of corporate cheerleaders rage against welfare cheats, how much do you hear about the real welfare rip-off of our time - corporate welfare?
About $200 billion of our taxes goes into corporate bank accounts every year. Gallo Wines got $16 million, just to advertise in foreign countries. Logging companies like Weyerhauser get $5 billion a year in subsidies to cut down our forests.
So why aren't the big media on our side in all this?
HINT: NBC is a subsidiary of General Electric, CNN has been swallowed by Time Warner (which was gobbled up by AOL), CBS is Westinghouse, and ABC belongs to Disney.
Practically all of our mass media is now owned by big money companies, and one thing Big Money does not want is the media to talk about Big Money."
Yes, I'm not pleased that us little guys pay 50% in taxes. But, if you don't see the disparity here, you've been wearing your republican glasses too long. I'll say it again, "the republican party is the party of WEALTH, NOT the average American."