I can hardly wait for Dubya to start touting THE OWNERSHIP SOCIETY!
Wouldn't you know that THE RICH would come up WITH THAT as THE NEW
BIG THING!
JUST THINK;
YOU CAN "OWN" YOUR OWN PENSION!! THAT'S CALLED YOUR "SAVINGS
ACCOUNT!" Or WORSE 40lk. Now a 201k.
YOU CAN "OWN" YOUR OWN HEALTH CARE!! THAT'S CALLED YOUR "CHECKING
ACCOUNT!"
GOSH, YOU CAN EVEN "OWN" YOUR OWN JOB!! THAT'S CALLED "PANHANDLING
ON THE STREET CORNER!"
BASICALLY, THE "OWNERSHIP SOCIETY" IS ONE WHERE THE GOVERNMENT AND
THE "RICH" CONTRIBUTE ALMOST NOTHING TO THE PUBLIC WELFARE!
THE RICH CAN JUST KEEP ALL THEIR MONEY; AND TAXES WILL BE PUSHED DOWN
TO THE MIDDLE AND LOWER CLASSES THROUGH DUBYA'S "TAX REFORM!!"
TAX REFORM IS ANOTHER DUBYA II "THING" THAT ESSENTIALLY MEANS MAKING
THE TAX CODE EVEN MORE REGRESSIVE THAN IT ALREADY IS!
TODAY THE MIDDLE CLASS PAYS MOST OF THE TAXES; UNDER BUSH TAX REFORM
THEY'LL PAY EVEN MORE, WHILE THE RICH GET ALL OF THE "BREAKS!"
One aspect of Dubya's OWNERSHIP SOCIETY that needs some "nuance" is
the so-called, HOME OWNERHSIP BOOM.
Under Greenspan's ULTRA-LOW RATES "BUBBLENOMICS" anyone who could
afford a rent, could afford a house payment. And, a lot of renters
bought homes. THAT'S WHY RENTALS STINK IN MOST PARTS OF THE COUNTRY.
But, there is another thing that is "juicing" the HOME OWNERSHIP
NUMBERS. LOW WAGES! AND LACK OF JOBS!
With ULTRA LOW WAGES AND JOB INSECURITY many young AND OLDER people
are "moving back home," or "doubling up," or "tripling up!"
LANDLORDS: Have you checked your water bills lately? Most three
bedroom apartments today are occupied by two or more families! It
may not be that "leaky toilet!" Or, your tenant's wife's sister and
her kids who are still "looking for a place!" AFTER SIX MONTHS!
So, at least part of Dubya's new "Ownership Society" is from
people "living with" people who own their homes, like parents,
friends, relatives, Grandma Millie, etc.
ALAS, THESE NEW "HOUSE GUESTS" ARE COMPLETELY OUT OF THE RENTAL
MARKETS, AND ARE WATCHING FOX NEWS AND REALITY TV AT MOM'S, OR UNCLE BOB'S, OR JOE'S FRIEND'S PLACE!
WELCOME BACK TO "WALTON'S MOUNTAIN!" FOUR GENERATIONS ALL UNDER ONE
ROOF!
AIN'T THE NEW REPUBLICAN PROSPERITY GRAND!
