Middle Class Lost Out

Summary


For those who are confused about whom they should vote for in the upcoming election, here are a few pointers.

The Republicans with Bush at the helm deregulated the banking industry, the credit industry and the oil and gas industry. Big Business in general also enjoyed unbridled deregulation along with Wall Street. What this led to was the biggest transfer of wealth from the middle class to the upper class in the history of this country: 1 percent of the people have $16 trillion in their bank accounts, which is $2 trillion more than 90 percent of us. Tax breaks for the rich, anyone?

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Middle Class Lost Out

Unfortunately, McCain is no maverick a...

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