Showing posts with label Romney Tax Plan. Show all posts
Showing posts with label Romney Tax Plan. Show all posts

Sunday, October 14, 2012

A Cuban's Dream of A Big Business Economy


Mark Cuban is now espousing his "shark tank" dream: Romney as President and the Dream Economic Plan for Millionaires.  (click on this link to read his opinion--then read my response below)

Mark's blog post reads like a businessman's dream plan but it presupposes that there is harmony and peace in the political realities of Washington. It also presupposes that men like Romney and Cuban know who and what the Middle Class is? It makes abundantly clear that these two men are focused on their objectives without consideration for the consequences of this "dream" to middle class and poverty America.  Keep in mind that Romney believes that the a middle class income is $250,000--and he has made this a public statement.

This is a plan that rewards the wealthy first then trickles down to the lowly masses in 20 years--maybe. The reality of the math used to justify this plan is that the deficit will be the first to get hit hard, despite the blustering of the GOP about spending and the hope that job creation will follow. It depends heavily the creation of 7 million jobs in the next two years--jobs that pay a "living" wage which we all know that is not possible, since corporations are trending to hire part-timers at slighty more than minimum wage with no benefits...thereby using the Walmart model to create a dream economy that rewards business at the expense of everyone else. 

One businessman, Westgate CEO David Siegel, recently sent an email to all his employees and declared that if Obama was re-elected and if his personal wealth dimished due to higher income taxes he would begin to fire employees and maybe shut down his company. 

He makes this threat despite the fact that Wall Street has earned over 100% in value in the last 4 years, which he has profited from and companies, like his,  are reporting record profits under a democratic President which they deem to be hostile to their environment. Siegel was not concerned about creating any jobs or preserving any--just using an excuse to shed them to increase his personal profitability which has nothing to do with his company's profit margin--that's how disingenuous big business Romney supporters are.  

Romney himself led a private equity firm to make money, not to save jobs or create them...he was not interested in job creation--just like he will not be interested in job creation as President. His main concern, just like Siegel's is to keep big business owners pockets fat and full with profit.

ThIs Romney-Cuban economic plan is a dressed up as an enticing, attractive box to cover up the real plan...one that destroys the middle class in favor of upper class ideology. Don't fall for it and if your boss is telling you to vote for Romney or else--don't feel threatened--you can fight back in the voting booth.  My advice to you is to keep their emails, keep their threatening flyers and record their words because when Obama is re-elected and these "bosses" try to make good on their threats--take em to court and make they pay you for their words and their efforts to quash your right to vote your way--not theirs.