July 11, 2012

Video: Republicans Waste $50 Million In Failed Attempts To Repeal Health Care Reform

According to CBS News, the House of Representatives has wasted $50 million in failed attempts to repeal the Affordable Care Act (Obamacare). To be clear, it’s Republicans who are responsible for this waste. It costs $24 million a week to run the House. A total of 2 weeks of time has been spent on 33 separate votes to repeal Obamacare over the last 18 months. So Republicans have wasted just short of $50 million with their political stunts.

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May 26, 2012

Video: ‘Death Spiral Of Falling Demand’ – Venture Capitalist Nick Hanauer On Viewpoint with Eliot Spitzer

Venture capitalist Nick Hanauer explains why people create the demand which then creates the jobs. He says he makes 1000 times more than the average worker but that doesn’t translate to 1000 times the consumerism of the average worker. He can’t makeup the difference. So with more wealth accumulating within a small pool of wealthy people, that means less wealth spread across the rest of the country. It means less purchasing power and less demand for products and services from tens and hundreds of millions of Americans. This is why supply side (trickle down) economics doesn’t work. We’ve tried it for 30 years. How many more years do we need to continue failed economic policy before we wake up and realize it will never work?

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April 16, 2012

Video: Sen. Bernie Sanders Says U.S. Moving To Oligarchic Government

Speaking on the Senate floor on Monday, Senator Bernie Sanders (I-VT) said that the United States is moving away from democracy and toward an oligarchy. Sanders said, “the United States is departing from its democratic tradition, which has always included a strong and growing middle class, and is moving rapidly into an oligarchic form of government in which almost all wealth and power reside in the hands of the very richest people in our society, the top one percent.”

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