Thread: Working Class Republicans - Dazed & Confused In The Hear

Working Class Republicans - Dazed & Confused In The Heartland

By Al Martin
AlMartinRaw.com
7-1-8

Working class Republicans have unfortunately been the greatest victims of Bushonomics.

They have, on a percentage basis, seen the greatest numbers of their jobs exported under the Bushonian US Jobs Export Program. They have seen their real wages (net income minus inflation and taxation) lag behind the most of any group.

Proportionately they have suffered the highest number of foreclosures on their homes. They have also suffered the highest number of repossessions on their loans for autos, motorcycles, boats, RVs, etc. On a prorated basis, they have also suffered the highest delinquency and default rates in credit cards and home financed lines of credits.

Also the investments, traditionally held by working class Republicans like municipal bond funds, have lost as much as 50% of their value in the last six months. One in seven of all municipal bond funds have become illiquid and worthless. About 50 % of high yield funds, which are commonly held by many working class Republicans, have also failed. And, domestic common stock mutual funds, another mainstay of working class Republicans, have performed just as miserably.

Working class Republicans have also been the greatest victims through the loss of their pension plans and health insurance.

It can not be emphasized enough that Bushonomics, as defined by George Bush, Sr., is "the continuous consolidation of wealth and power into ever higher, tighter and righter hands."

In other words, Bushonomics is a continuous trickle-up of wealth -- and working class Republicans have done more than their fair share in making Bushonomics work.

It is not difficult to find fault with working class Republicans because of their stupidity.

The idea of voting for Republicans is so deeply ingrained within their heads because they still haven't realized how fractured the Republican Party has become and that there are wings in the Republican Party. This is something that most working class Republicans are unaware of and so they will just vote Republican because it says Republican.

These wings include the Bushonian Faction and the Anti-Bush Fiscally Conservative Republican Faction, like Senators Grassley and Snow. There hasnâ't been a peep out of them for eight years because they don't represent any real power any more. They consistently get steamrolled by a well organized Bushonian Machine, including Pro Bush Faction Republicans, who are senior members of the Senate, like Orrin Hatch, John Warner and John McCain, who will raise the specter of "the flag" and claim that anyone who does not support Bushonian policies is "disloyal" or "anti-American." This still sells within the ranks of working class Republicans who don't know the difference.

Working class Republicans continue to vote Republican even though traditionally they have done better financially under Democratic Regimes.

For the rest of this exclusive column by independent political, economic and market analyst Al Martin, log on -- and subscribe to -- http://www.almartinraw.com
Al Martin Raw.com (Political, Economic and Financial Intelligence)

* AL MARTIN is an independent economic-political analyst with 25 years of experience as a trader on NYMEX, CME, CBOT and CFTC. As a former contributor to the Presidential Council of Economic Advisors, Al Martin is considered to be a source of independent analysis for financially sophisticated and market savvy investors.

After working as a broker on Wall Street, Al Martin was involved in the so-called "Iran Contra" Affair as a fundraiser for the Bush Cabal from the covert side of government aka the US Shadow Government.

His memoir, "The Conspirators: Secrets of an Iran Contra Insider," (http://www.almartinraw.com) provides an unprecedented look at the frauds of the Bush Cabal during the Iran Contra era. His weekly column, "Behind the Scenes in the Beltway," is published on Al Martin Raw.com

Al Martin's website "Insider Intelligence" http://www.insiderintelligence.com provides a long term macro-view of world markets and how they are affected by backroom realpolitik, as well as weekly market trading recommendations.

http://www.rense.com/general82/dazed.htm

Working class Republicans continue to vote Republican even though traditionally they have done better financially under Democratic Regimes.

Yeah shure FINANCIALLY but scocially and morally democrats screw us harder than ever, money isn't everything. I would rather struggle with money than with amnesty.Or having to give up my rights.

It is Truly Time for 3th Party to rise