Michele Obama and Rise
Up
Dick McDonald www.riseupamerica.us
Republicans
like me will have a feeding frenzy feasting until November on Michele Obama's
carcass for not being proud of America for her entire adult life. Of course, I
will have to soft-pedal it because our potential First Lady in clarifying what
she meant by what she said said the following -
"Life for regular folks has gotten worse over the course of my lifetime,
through Republican and Democratic administrations. It hasn't gotten much
better."
As a tax man and a professed macro-economist, I must admit that
her opinion coincides with mine - the economic fortunes of the poor and
middle-class haven't gotten a whole lot better in the last 40 years. Yes their
wages have gone up during that time frame, but not as far up as prices have.
Prices have risen so high that the American Dream of financial independence is
farther away than ever before. Yes so many have cars, flat-screen TVs and appear
to be thriving - but when you look closely the underclass live paycheck to
paycheck in a capitalist society but have no capital.
If President Bush
hadn't brought up reforming Social Security in 2004, I would have never embarked
on the quest for an answer to making the poor rich. Like most Republicans I
blindly thought the American economy was doing fine and that America offered
everyone a shot at the golden ring if they got educated and worked hard
enough.
As a tax man I knew of the screwing our citizens were taking from
the politicians with Social Security and Medicare plans but as a tax planner I
reveled in the fact that during the last 50-year period the tax rate on dividend
income had fallen from 91% to 15%. I never gave a thought to making Americans
and America wealthier - I had a way to avoid the IRS and that is as far as my
thinking went.
I never saw it coming until Katrina. I was missing the
point. And the point was by making the poor rich we would improve the growth
rate of our economy so massively it would be like switching to a car that goes
200MPH from an old one that only goes 10MPH. If you doubt me go up on the
website www.riseupamerica.us and click on the table "40
years of personal accounts".
Study it - it will blow your mind what we
will miss if we don't enact Rise Up legislation and make all Americans
capitalists and in the process dismantle the entitlement bureaucracy, return
power and property to the people, massively improve the value of the dollar and
about a hundred other benefits listed on the mission statement on the above
website.
So before you take your shot at Michele think carefully about
what she said. If you don't believe that ordinary Americans BELIEVE AS SHE DOES
and are mad as hell and want economic change in the form of closing the income
disparity gap - you can go on your merry way and enjoy being in the minority for
the next 4 years and possibly beyond.
Americans are not stupid. They
know that trickle down hasn't trickled down on them - or even kept the playing
field partially level. Michele has just brought into the bright sunlight what
Republicans cannot see. Hopefully they recover in enough time to counter the
Democrat's "income disparity offensive" with a "Rise Up offensive" of their own.