Monday, June 12, 2017

Trump's Infrastructure Theft Explained

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Robert Reich explains the theft plan buried within Trump's so-called "infrastructure" plan (h/t Jennifer Nix on Facebook)

by Gaius Publius

All you need to know about Donald Trump's theft of your dollars under the guise of an "infrastructure" plan is explained neatly in the video above.

I call it "theft" because as Reich points out, it steals from the public twice — once with a massive tax giveaway and once more with a bunch of extracted tolls ("usage fees"). what to us is a toll road is to the private sector a "government-protected income stream." That private sector can include money from anywhere; for example, the sovereign wealth fund of Saudi Arabia or Abu Dhabi.

And unless you think I'm just jumping on the Trump train, Clinton's plan was widely rumored to be based on public-private "partnerships," tax "incentives" and corporate tax "repatriation" plans as well.

(Those three words — "partnerships," "incentives," and "repatriation" — are in quotes for a reason. It's not a partnership when one partner steals from the other. It's a gift, not an "incentive," when a cost-free means of gaining compliance — like taxation — is available. And it's not "repatriation" when the money that would supposedly be coming home is already invested here anyway.)

The rich. It's how they roll ... us.

For a real, people-friendly infrastructure plan, read this.

GP
 

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4 Comments:

At 11:01 AM, Anonymous Anonymous said...

Fundamentalist capitalism for stupid people. I wonder just how many americans are NOT stupid. Can't be more than about a quarter. Probably only 1 in 10. Shame.

 
At 9:28 PM, Anonymous Anonymous said...

As I recall, Obama floated "private-public partnerships" also.

Kim Kaufman

 
At 6:11 AM, Anonymous Anonymous said...

Good point Kim. The neoliberalism is no different in the democraps. Between Clinton and obamanation and $hillbillary, no difference. For-profit prisons, for just one, did very well under obamanation.

Actually, there is one difference. After a good ass-raping, the Ds will tell you that they feel your pain. The Rs will just laugh at you.

 
At 9:18 AM, Anonymous Anonymous said...

Both Parties are working toward forcing the American voters to the realization of Calvin Coolidge's "vision" for America: “the chief business of the American people is business.” So pony up, serfs! It's for the good [of those who control] the nation! Expect nothing for yourselves, for nothing is what you will receive!

 

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