What the "Reagan Clip On Closing Tax Loopholes For The Wealthy" means

Here's the deal. Al Sharpton's point in this video is valid, but the problem arises that people will get the wrong idea that we should return to Reaganomics.

Reaganomics was slightly better than what the Tea Party laissez-faire / anarchist capitalists are advocating, but Reaganomics is vastly worse than what it replaced, which was the New Deal.

The anarchist-capitalists (aka anarcho-capitalists) like to twist the data to suggest that historically, the New Deal failed. It didn't fail except that it didn't go nearly far enough, which Franklin Roosevelt actually knew. He did as much as he could given the political capital he was handed by the people. He said as much.

  • They didn't hand him enough to end racism for instance.
  • They didn't hand him enough to make the jobs programs permanent.
  • They didn't hand him enough to make the jobs training programs for high-skills.
  • They didn't hand him enough to make the public jobs programs extend to all ages.

What happened though was that military Keynesianism (WWII) did the job of employing everyone that hadn't finally been employed before the war (about 10% remaining from 25%). The bankster-plutocrats couldn't stop that from happening.Make no mistake about it though, the New Deal if it had been handed enough power by the people could have easily employed everyone to the point of zero unemployment (without war) and could have engaged in high-skills training and could have made the jobs permanent and for all ages, etc.

The obstacle was the upper class, the 1% of the time if you will. The gap between rich and poor had been as wide as now when the 2008 crash occurred and for many of the exact same reasons, such as Reagan's beginning of the systematic dismantling of the New Deal, which dismantling has carried on right on through to Barack Obama today, who did not go after the control fraudsters who deliberately crashed the system because they were prepositioned with their shorts in place (had devised and sold the junk, toxic securities to the people while betting against those securities). Goldman Sachs did that. They admitted it but said it's just "business."

So what does the "Reagan Clip On Closing Tax Loopholes For The Wealthy" mean? It means that you shouldn't give the greedy an inch because they are the camel's nose under the tent. If you don't get it out of there, that camel will end up in your tent pulling it down and causing a great mess ruining everything. Give the greedy an inch, they steal a mile and then another and then another until there's nothing left to steal.

The anarcho-capitalists won't like that saying of mine. They'll complain that I'm not talking about them but about crony capitalists who hide behind government, etc. No, I'm talking about capitalism no matter how pure those anarchists think that they can conceive of it. The very essence of it causes the monopolists. The very selfish (not self-interested) spirit of it is fatally flawed. It doesn't work, never has, and never will. It's dead on arrival and will be buried once and for all by the whole of humanity and rightly so.

Why did I differentiate between selfish and self-interested? Know thyself. The self is God within — the living spirit of righteousness dwelling within. God is not selfish. God even gives to those who hate him. It's the Satanic spirit that withholds. Ask Jesus. Read Jesus. It's there in context — the full context.

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  • Tom Usher

    About Tom Usher

    Employment: 2008 - present, website developer and writer. 2015 - present, insurance broker. Education: Arizona State University, Bachelor of Science in Political Science. City University of Seattle, graduate studies in Public Administration. Volunteerism: 2007 - present, president of the Real Liberal Christian Church and Christian Commons Project.
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