"Yes, 'there's class warfare, all right,' warns Warren Buffett. 'But it's my class, the rich class, that's making war, and we're winning.'"That quote, much beloved by liberals concerned with economic justice, opens a piece at MarketWatch by Paul B. Farrell. Farrell then goes on to agree with Buffett and take the argument further; there's a "new American Civil War between the rich and the rest." Buffett, the billionaire investment capitalist behind Berkshire Hathaway, issued his warning in a New York Times op-ed back in 2006. It was true then, but it's much truer now. Led by gains at the state level, Republicans are moving to strip the poor and the middle class of things they've paid for with their tax dollars or worked for at their state jobs, then take all that money and give it to the wealthy.
But that's only the start. Writes Farrell:
Not just the 16 new GOP governors in Wisconsin, Michigan, Ohio, Florida, and across America fighting for new powers. Others include: Chamber of Commerce billionaires, Koch brothers, Forbes 400, Karl Rove's American Crossroads, Grover Norquist's Americans for Tax Reform -- which now has 97% of House Republicans and 85% of the GOP Senators signed on his "no new taxes" pledge -- the Tea Party and Reaganomics ideologues...[CLICK TO READ FULL POST]
