Arianna And The Huffington Post: Looks Like A Copy Cat Job

Arianna Huffington of the Huffington Post on April 19 posted a comment titled: Shorting the Middle Class: The Real Wall Street Crime. She speaks about the financial elite and what they have been doing to America for the last 30 years, shorting the middle class. She also wrote how Wall Street was overseeing a "massive transfer of wealth from the middle class to the richest Americans.

If that statement of transferring wealth from the middle class to the richest Americans sound familiar, it is because you read it first here on "politidose" many times over and as early as July 9, 2008 in my post titled, "The Roadblock To Job Creation And A Sustained Economy--Conservatives." Also see Note 1 for other past posts on the subject. Any journalist or person who follows the news should have seen what was going on with the "transfer of wealth" long ago. Most of it happened under Reagan, Bush 41 and Bush 43 and that was also pointed out in past post on "politidose."

It is good to see Arianna and the Huffington Post finally understand what has been taken place in our country. But what Arianna does not understand is that the transfer of wealth from the middle class to the wealthy has already taken place. That is why we are going through the worst economic down turn since the great depression. Arianna also does not seem to understand the massive transfer of wealth from the taxpayers that was used by Reagan, Bush 41 and Bush 43 to finance their 20 years of record federal deficit spending and debt. My three part series on "politidose" titled: "The U. S. Economy: Which Party Performs Best" started running January 27, 2008 explained what happened. (Maybe that will be the next commentary by Arianna)

Glad to see Arianna and the Huffington Post catching up on what has been going on with the "transfer of wealth from the middle class to the wealthy."

Note l: Innovation: Lost In America posted 7/23/08

The Absence of Competition posted 10/20/09

The NFL, Corporate Welfare, Tax Incentives and The Transfer of Wealth posted
2/13/10