Since the start of this pandemic, I have always stated that it was an ideal opportunity for the state to re-capitalise the failing capitalist economic system. Since the beginning of the Covid19 affair, the various states across the world have poured trillions of dollars/pounds etc into the coffers of the corporate beast that is destroying the planet. Before the pandemic, all the indicators were that capitalism was in dire straights, and was heading for a colossal slump, unless they could re-capitalise it to a massive scale. The bailout needed would dwarf the 2008 taxpayers handout to the financial mafia, and we all know the years of austerity that little exercise cost the ordinary people. Glory hallelujah, along comes Mr Covid, and the propaganda machine convinces us all that we have to save the economy, to save your jobs of course, nothing to do with corporate profits etc. Open the flood gates flood the corporate world with all sorts of grants, special funding and lots of dodgy contracts. Where will all that money end up, and who will pick up the tab when the financial mafia send the debt collectors to various states to demand their loaned loot back? Why, you and I of course will be expected to foot the bill, by then the billionaire class will have salted their share away in some nice little tax haven.
We continually pay for the privileges and welfare of the richest people on the planet by our poverty, crap wages, poor working conditions, lousy living conditions, broken education system and inadequate health and social welfare systems. This time round most have not only willing accepted this but have asked and encouraged the state to do so, to protect the economy and "our jobs" of course. What a wonderful state of affairs for the pampered, privileged parasite class, no doubt they'll all sit back with a smug look of satisfaction, for once again they have shafted the general public, plundered the public purse, and got away with it. For how much longer will we tolerate this two fingers to the people.
We continually pay for the privileges and welfare of the richest people on the planet by our poverty, crap wages, poor working conditions, lousy living conditions, broken education system and inadequate health and social welfare systems. This time round most have not only willing accepted this but have asked and encouraged the state to do so, to protect the economy and "our jobs" of course. What a wonderful state of affairs for the pampered, privileged parasite class, no doubt they'll all sit back with a smug look of satisfaction, for once again they have shafted the general public, plundered the public purse, and got away with it. For how much longer will we tolerate this two fingers to the people.
The total net worth of the nation’s 651 billionaires rose from $2.95 trillion on March 18—the rough start of the pandemic shutdowns—to $4.01 trillion on Dec. 7, a leap of 36%, based on Forbes billionaires, according to a new report by Americans for Tax Fairness (ATF) and the Institute for Policy Studies (IPS). By around March 18 most federal and state economic restrictions in response to the virus were in place. Combined, just the top 10 billionaires are now worth more than $1 trillion.
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