Reverse the March to Plutocracy!

As Benjamin Franklin left the constitutional convention he was asked “Well, Doctor, what have we got—a Republic or a Monarchy?”
Benjamin Franklin replied “A Republic, if you can keep it.”
Was he thinking of what happened to the Roman republic that worked well for many years? It became a plutocracy.
Our United States republic uses controlled capitalism as an economic system and it has enabled us to get where we are.
Uncontrolled capitalism has an inherent flaw. The driving force behind capitalism is individual greed– a powerful force indeed but a driving force that is based on individual greed will not always lead to good results. Uncontrolled capitalism leads to
(1) the rich getting richer and the poor getting poorer.
(2) the economy going through periods of great expansion and prosperity (desirable) and grinding depression (untenable).
The rich tend to use their wealth to rule the republic and the rule of the rich is called plutocracy.
What can control capitalism for the mutual good? A strong central government regulating in necessary areas and a way to redistribute the wealth. The problem of wealth concentration has been recognized from antiquity- the ancient Jews had a year of jubilee every fifty years when wealth was redistributed.
In our day, a progressive income tax is a very good way to keep the economy going well and control the gap between the rich and the poor (along with a reasonable inheritance tax). The congressmen who signed the Grover Norquist pledge- Jimmy Duncan is one of them- took away from consideration a tool for progress.  Bob Scott– if elected to congress- will add a voice of thoughtful realistic analysis of the needs of our country unimpeded by adherence to flawed ideology.
The TEA Party, (Taxed Enough Already party), should be renamed the Plutocracy Union (PU) because of their shrill deception and devotion to a flawed ideology.
The march to plutocracy includes keeping the poor from voting and if you don’t vote you are falling into the plan of the plutocrats.
Bob Scott will help turn the United States back from the march to plutocracy but only if EVERY INDIVIDUAL CASTS AN INFORMED VOTE!

Bob Scott's photo.
Bob Scott's photo.
Bob Scott's photo.

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