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E D Phillips

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Pumping America Dry
by E D Phillips   
Rated "G" by the Author.
     
Last edited: Saturday, January 21, 2017
Posted: Friday, January 20, 2017

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[image: crystal graphics]

Pumping America Dry

You recall hearing the old expression “One too many times to the well,” don’t you? If it were a song, we could make it the theme song for the entire Republican agenda. The tale was in vogue back when water was almost free. But even then, water was limited. A well, for example, has only so much water to give up. If we pump it and pump it too often, sooner or later it will run dry. It is the tale of taking beyond our needs.  It is the story of greed.

This tale also summarizes the past hundred years or so of American history. More particularly, it is the story of how corporate America and their stooges in Congress have set up the apparatus that takes money from our pockets and deposits it into the pockets of the wealthy. It is not a circular stream, however, rather it flows but one way, from us to them—just like the well that gets lower and lower as it pumps more and more.

As I write this, I can hear Donald Trump’s voice in the background assuring his thousand dollar per head inaugural audience that “we are going to win.” I can assure you, he damn well means to do what he is saying. He intends to win by pumping America dry. He intends to drain the swamp (that’s you and me) until we have nothing left, while his coffers sloppeth over with the lifeblood that once was ours. He intends to pump us dry.

Case in point: He intends to introduce legislation for creating a $1 trillion infrastructure fund for rebuilding America’s highways, bridges, railroads, etc. But if you believe that he (and his rich friends) intend to pay their fair share into said fund, you had better recheck the fine print on your voting stub. They have no such intention.

He will give them a tax credit (of 18 percent) to fund projects, while you and I pick up the other 82 percent. They will then pick and choose from among the most expensive and most lucrative ventures, while imposing tolls on us to pay them back plus profits, thus putting a double whammy on us. Of course Trump and his cronies will take credit for the fixes, while you and I are expected to applaud while we pay all the bills.

They have a lot of experience in this con game. Today, whenever you see a toll highway or bridge, you can pretty well bet that all the future proceeds have already been sold to foreign investors. In exchange those investors have paid the present value of all our future toll dollars to the building contractors. And so we are left to foot all the bills—the construction costs and the tolls, while the contractors walk with their money back plus huge profits, the foreign investors pocket a decent return on investment, and we are left holding an empty bag, aka the well that went dry.

Repeat this scenario again and again, and guess what? The rich will have it all, we will have nothing.  It's when the national well runs completely dry (and we are almost there now), that we might discover the truth. The great bulk of our wealth will be locked away and in private accounts somewhere in the Cayman Islands, or the Guernsey Islands, or Lichtenstein, or Switzerland, or the Bahamas, or Hong Kong, or somewhere over the rainbow.  The ultra rich will have yachts and mansions hither and yon, while we are left to wither and die on the vine of deceit.

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Reviewed by Danae Wilkin
Reviewed on January 28, 2017
Wow. I didn't realize that we were paying so much of the bill for infrastructure. I did realize the uber rich were getting huge tax breaks, but we pay 82% of the taxes for it and then have to pay tolls to those who only paid 18% of it? Those bastards! I'm outraged. And we should be. Those people who get their hands on resources shouldn't be allowed to claim it as theirs, but as the people's. They should get a profit for the machinery and extracting it, but the land and what's under it should belong to all of us, not some corporation(s) and we should get to choose if they're extracted or not. We can't keep sucking up oil and natural gas and water and polluting the air, land and water and expect that everything will be fine. That is delusional, and that is what profiteers and those who support them (i.e. congress) are. Ignorant lap dogs who are bent on receiving all the scraps from the table of the wealthy who horde everything and care nothing for the consequences. They can always move away from industry's pollution that they caused. What happens when there is no place left to hide? All the money in the world can't fix that, effers!

Reviewed by Rebecca McKeehan
Reviewed on January 26, 2017
Its a pathetic truth what Mr. Barnum once said: "There's one born every minute." Shall we make our way to the "Great Egress?"

Rebecca

Reviewed by Odin odin@aflx.com
Reviewed on January 22, 2017
You are one of the few writers I read (speaking of journalists) who doesn't hold the punches or suggest soft questions over hard ones. Yes, unfortunately for the mongers hanging onto Trumps coat tails, their share of any of the obligations most Americans are made to follow by law doesn't enter their minds. And we've only begun. doG help us.

Reviewed by Ronald Hull
Reviewed on January 21, 2017
Another very good article on the way that the rich have been manipulating infrastructure projects since the transcontinental railroad.

I heard Trump say that he was going to, "Fix the F-35." The cost overruns on this project have already broken the bank so there's very little left to make any fixes. The plane's capabilities make it impossible for a human to fly without killing the pilot. So, the only way to "fix it" would be to make it a pilotless drone.

With the Air Force's current ability to eliminate any other Air Force on the planet in less than a week, what is the F-35 project for except a money pit for greedy contractors.

"All day I face a barren waste, without a taste of… Water… Cool, clear, water…"

Ron

Reviewed on January 21, 2017
Great article!!!

Love ya!

Jane

Reviewed by John Herlihy
Reviewed on January 20, 2017
Amen. Welcome to the world of poverty. John

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