A staunch Democrat that believes all business should be unionized outlining the “super rich is bad” viewpoint paid for by MoveOn. The same guy that was the Secretary of Labor during the 1995 Community Reinvestment Act deregulation, which started the whole housing bubble to begin with. Yup, no political slant or agenda there.

He missed a lot of things but to a certain extent he was spot on. What he failed to address is how the super rich is supposed to create jobs and reinvest given that they are receiving huge tax cuts. This job creation is intended to create more buying power for their employees who end up in the middle class. However, this is not the case. The super rich is outsourcing its job overseas and investing capital elsewhere. This weakens and reduces the jobs in the US and increases the savings for the wealthy transnational companies owned by the super rich. This lack of domestic reinvestment could have dire effects for some of the super rich companies themselves as they would lose consumers but some of them already is too dominant globally and find that the cost saved is larger than the potential earnings in the US. Cheaper labor and energy rates and less taxes make it attractive for the super rich to invest in vast consumer markets. At the same time, some of the homegrown US companies fail to update their competency and they suffer defeat at the hands of foreign transnational brands. In gaining vast amounts of wealth for the true super-rich industrialists, the only allegiance is to the money, not even the dollar, just the money in general.

So according to some of the commenters the gov't is actually the problem, but the video guy said the super rich control the gov't. A strong middle class is needed to pull up the economy, but the super rich are supposed to create the jobs that do that, but the don't care because hey they have their money. It's Socialism! It's Capitalism! She my sister. She's my mother. AHHHHHHHHHHH!!1!!!111!!!

So sad. This way of thinking is what leads to our economic downturn. It is not the “super rich” who stand in your way when you try to create wealth…it is the government. Period. It is the “super rich” who create jobs (when the government stops strangling them and gets out of the way) that empowers everyone who gets of their ass to create their own wealth. Stealing money from others will do nothing to jump start the economy and create new wealth. Seriously, economics 101 here folks. It's not that hard.

1. Concentrate wealth in a elite political class.
2. Spend vast amounts of wealth on military adventures abroad.
3. Maintain control of the populous through extravagant shows and entertainment of dubious moral character, but demonstrates the patronage of the the wealthy elite. -The Roman Republic

The Teaparty likes to complain about “Redistribution” of money, not getting that it's already happened, and they were robbed blind by the very people they vote for. Orwell would weep.

I wish I could draw that fast. Actually I wish I could draw anything at all and have it recognizable by most persons.

*sigh* We're fucked.

Pretty straight-forward, really…