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MBS

(9,688 posts)
Sat Sep 22, 2012, 05:47 AM Sep 2012

Robert Reich: What Mitt Romney really represents

http://www.huffingtonpost.com/robert-reich/what-mitt-romney-really-r_b_1904630.html

It's not just his giant income or the low tax rates he pays on it. And it's not just the videotape of him berating almost half of America, or his endless gaffes, or his regressive budget policies.It's something that unites all of this, and connects it to the biggest underlying problem America faces -- the unprecedented concentration of wealth and power at the very top that's undermining our economy and destroying our democracy. . . .
American has had hugely wealthy presidents before . . . But here's the difference. These men were champions of the working class and the poor, and were considered traitors to their own class. Teddy Roosevelt railed against the "malefactors of great wealth," and he busted up the oil and railroad trusts.FDR thundered against the "economic royalists," raised taxes on the wealthy, and gave average working people the right to form unions -- along with Social Security, unemployment insurance, a minimum wage, and a 40-hour workweek.

But Mitt Romney is not a traitor to his class. He is a sponsor of his class. He wants to cut their taxes by $3.7 trillion over the next decade . . . He's even a warrior for his class . . . So much wealth and power have accumulated at the top of America that our economy and our democracy are seriously threatened. Romney not only represents this problem. He is the living embodiment of it.
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