Mythbusters

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Mythbusters

  1. 1. Eleanor Strickland<br />Sue Michalson<br /> The Villages, FL<br />
  2. 2. 2<br />
  3. 3. MYTH<br />DEMOCRATS ARE <br />THE PARTY OF<br /> “BIG SPENDERS”<br />3<br />
  4. 4. INCREASES IN THE NATIONAL DEBT<br />The RED and BLUE bars tell the story. in the last 35 years, Republicans have run up huge debts while Democrats have held debt steady or reduced it. <br />FACT<br />4<br />
  5. 5. MYTH<br />WE CAN CUT THE <br />DEFICIT BY REDUCING <br />SPENDING FOR <br />SOCIAL PROGRAMS<br />5<br />
  6. 6. BUSH’S TAX CUTS ACCOUNT FOR <br />48% OF THE DEFICIT.<br />FACT<br />6<br />48%<br />
  7. 7. MYTH<br />BUSH’S TAX CUTS BENEFITED EVERYONE<br />7<br />
  8. 8. FACT<br />AVERAGE VALUE IN 2007 OF TAX CUTS ENACTED SINCE 2001<br />$120.000<br />$20<br />$740<br />< 1 % 2.3% 7.5% <br />(MORE)<br />8<br />
  9. 9. 28%<br />25%<br />25%<br />25%<br />15%<br />9<br />
  10. 10. MYTH<br />TAX CUTS THE ECONOMY<br />“The main reason for our growing economy is that we cut taxes and left more money in the hands of families and workers and small business owners.”  — President Bush, November 4, 2006<br />BOOST<br />10<br />
  11. 11. FACT<br />WHAT GROWING ECONOMY?<br />2001-2007 ECONOMY WAS WEAKER THAN AVERAGE …ONLY CORPORATE PROFITS GREW!<br />(MORE)<br />Source: Center on Budget and Policy Priorities<br />11<br />
  12. 12. REPUBLICAN PRESIDENTS<br />DEMOCRATIC PRESIDENTS<br />SOURCE: Professor Larry Bartels, Professor of Public and International Affairs, Princeton<br />12<br />
  13. 13. MYTH<br />OBAMA WILL RAISE YOUR TAXES<br />13<br />
  14. 14. FACT<br />OBAMA IS NOT PROPOSING TO “RAISE” TAXES <br />Obama wants to allow the tax cuts on the wealthy to expire. This would only affect people whose annual incomes are greater than $250,000.. The rates would return to the 2000 rate of 39% - 40%<br />The tax cuts to the wealthy represent<br />lost revenue equal to 2% of GDP.<br />Obama wants to extend the tax cut<br /> for the 95% of individualswith<br />annual incomes less than $250,000<br />Source: NY Daily Times Treasury Secretary Tim Geithner Interview, <br /> Washington Post<br />(MORE)<br />14<br />
  15. 15. 15<br />
  16. 16. TAX RATE<br />Prohibitive Range<br />Neither the Reagan or Bush cuts paid <br />for themselves by generating revenue<br /> … perhaps because the tax rate was<br />too low.<br />REVENUE<br />Source: Arthur B. Laffer<br />16<br />
  17. 17. MYTH<br />EVERYONE <br />PAYS A<br />“DEATH TAX”<br />17<br />
  18. 18. FACT<br />THE “DEATH TAX” APPLIES ONLY TO THE WEALTHIEST 2%<br />There are many legitimate deductions and<br />the wealthy know how to structure their<br />estates to avoid the estate tax!<br />In 2008, the estate tax rate was 45%. <br />However, the average estate paid only<br /> 17%.<br />Surviving spouses are not taxed. <br />Source: irs.gov (MORE)<br />18<br />
  19. 19. CLINTON<br /> 55%<br /> $675,000<br />BUSH<br />$3,500,000<br /> 45%<br />ESTATE TAX repealed<br />OBAMA<br />$1,000,000<br /> 55%<br />19<br />
  20. 20. ENVIRONMENT<br />20<br />
  21. 21. MYTH<br />GLOBAL WARMING IS A HOAX…<br />BELIVE IN GLOBAL WARMING<br />Conservatives = 30%<br />Moderates = 60%<br />Liberals = 74%<br />21<br />
  22. 22. FACT<br />INDEPENDENT SCIENTISTS<br />CONSISTENTLY PAINT A PICTURE<br />OF A RAPIDLY WARMING WORLD<br />Measurements include:<br /><ul><li>Surface Temperature
  23. 23. Atmospheric Temperature
  24. 24. Sea Level
  25. 25. Ice Cores
  26. 26. Tree Rings
  27. 27. Coral Reefs</li></ul>Source: Environmental Defense Fund<br />(MORE)<br />22<br />
  28. 28. GLOBAL AVERAGE TEMPERATURE<br />58.1 in 2010<br />56.5 in 1880<br />(MORE)<br />Source: Woods Hole Research Center<br />23<br />
  29. 29. EARTH HAS JUST COME THROUGH:<br /><ul><li> the warmest decade
  30. 30. the warmest year
  31. 31. the warmest 6 months, and
  32. 32. the warmest 3 months ON RECORD</li></ul>Several nations have already set their all-time temperature records in 2010: <br />111 degrees – Russia<br />117 degrees - Chad<br />118 degrees – Niger<br />121 degrees – Sudan<br />126 degrees – Saudi Arabia<br />126 degrees – Iraq<br />127 degrees - Kuwait<br />130 degrees - Pakistan<br />Source: National Oceanic Atmospheric Administration<br />24<br />
  33. 33. MYTH<br />CO2 EMISSIONS DO<br />NOT CAUSE <br />GLOBAL WARMING<br />25<br />
  34. 34. FACT<br />3 FACTORS AFFECT<br /> EARTH’S TEMPERATURE<br />THE SUN<br />EARTH’S REFLECTIVITY<br />GREENHOUSE GAS (primarily CO2)<br />The changes both in the SUN and the planet’s EARTH’S REFLECTIVITY point to a cooling period … <br />not a warming one.<br />What is left? CO2!<br />(MORE)<br />Source: Environmental Defense Fund<br />26<br />
  35. 35. TEMPERATURE FOLLOWS CO2<br />For 800,000 years, CO2 has ranged from 180 to 300ppmand the temperature trend has followed closely behind.<br />Today, CO2 is around 390ppm and the temperature is rising accordingly.<br />CO2<br />TEMPERATURE<br />Current Temperature is 58.1<br />400 350 300 250 200 150 100 50 0<br />THOUSANDs OF YEARS AGO<br />Source: Environmental Defense Fund<br />27<br />
  36. 36. MYTH<br />GLOBAL WARMING DOESN’T EFFECT ME!<br />28<br />
  37. 37. FACT<br />YES, IT DOES<br />1. Glaciers melt<br /> 2. Ocean levels rise<br /> 3. Land areas become uninhabitable<br /> 4. Large populations have to relocate<br /> 5. Territorial wars develop<br /> 6. Oceans become more acidic<br /> 7. Sea life dies<br /> 8. Weather patterns change (more<br /> storms, droughts, fires, floods)<br /> 9. Food production is disrupted<br />10. Diseases spread<br />Source: 350.org<br />29<br />
  38. 38. MYTH<br />THE FLORIDA SOLAR ENERGY INCENTIVE PROGRAM IS “DEAD IN THE WATER”<br />30<br />
  39. 39. FACT<br />$13 MILLION IS NOW <br />AVAILABLE TO REIMBURSE<br />HOMEOWNERS FOR<br /> SOLAR PANELS<br />On August 13, The Florida Energy and Climate<br />Commission agreed to use $13 million in stimulus<br />funds to pay for solar electric panels. <br />The Florida Solar Energy Incentive Program was originally intended <br />to pay up to $20,000 per home. However, the program received no<br />funds from the legislature after 2008.<br />The backlog is $52.7 million (more than 15,000 households)<br />The $13 million will be paid to those submitting their applications<br />before June 2009. (MORE)<br />Source: Florida Energy and Climate Commission<br />31<br />
  40. 40. … AND JUST ANNOUNCED<br />The Public Service Commission requires the five investor-owned utilities in Florida to offer renewable solar hot water and photovoltaic programs through the Energy Conservation Cost Recovery Clause.<br />SECO is not investor-owned but Progress Energy is. <br />Progress Energy will receive more than $1 million per year and will offer its customers:<br /><ul><li> $550 rebate for a solar hot water</li></ul> heater<br /><ul><li> $2.00 per watt for a new photo-</li></ul> voltaic system (limit $20,000).<br />32<br />
  41. 41. 1790<br />PUBLIC SCHOOLS?SOCIALISM<br />1842<br />PUBLIC<br />HIGHWAYS?<br />SOCIALISM<br />1905<br />PUBLIC<br />PARKS?<br />SOCIALISM<br />2009<br />PUBLIC HEALTH? SOCIALISM<br />1808<br />PUBLIC WATER?SOCIALISM<br />HEALTHCARE<br />33<br />
  42. 42. MYTH<br />UNDER HEALTH CARE REFORM, MEDICAL CARE WILL BE RATIONED<br />34<br />
  43. 43. FACT<br />HEALTH INSURANCE COMPANIES ALREADY RATION HEALTH CARE<br />Until health care reform, insurance companies refused<br />to insure anyone with a “pre-existing” condition, dropped individuals who became ill, denied physician-ordered procedures and placed limits on lifetime expenditures. <br />ALL FOR PROFIT!<br />(MORE)<br />Source: Senate Commerce Committee / New York Times<br />35<br />
  44. 44. “MRL” TELLS THE STORY OF FOR-PROFIT HEALTH INSURANCE.<br />MRL is the "medical loss ratio" -- which for insurance company means the percentage of the premium dollar they "lose" because they have to pay for yourmedical care. <br />The lower the MRL, the higher the profits for insurance companies.<br />INSURANCE COMPANY SHARE<br />Major companies spend only about<br />68% to 75% of every premium dollar<br />Foryour medical care. <br />Non-profit Medicare spends between 97% - 98%.<br />(MORE)<br />Source: Senate Commerce Committee<br />36<br />
  45. 45. In 2009,the 5 largest health insurance companies took in combined profits of<br />$12.2 billion, up 56 % over 2008.<br />Profits for the 10 largest insurance companies increased 250 % from 2000 to 2009, 10 times faster than inflation. <br />Source: AOL Daily Finance<br />37<br />
  46. 46. MYTH<br />UNDER HEALTH CARE REFORM, MEDICARE BENEFITS WILL BE CUT<br />38<br />
  47. 47. FACT<br />CUTS WILL TO MADE TO MEDICARE ADVANTAGEPROGRAMS … <br />CUTS WILL NOT AFFECT 75% OF RECIPIENTS<br />Medicare Advantage is similar to private insurance because it<br />is administered by a private company. However, 14% of it issubsidized by the government. <br />Under health care reform, the Medicare Advantage users will receive the exact same care as those in traditional Medicare.<br />Source: Kaiser Health Service.<br />39<br />
  48. 48. MYTH<br />UNDER HEALTH CARE REFORM, WE WON’T SEE CHANGE UNTIL 2014<br />40<br />
  49. 49. FACT<br />MANY CHANGES ARE<br />HAPPENING NOW<br />These are but a few of the changes we'll see before the complete health reform goes into effect in 2014.<br />1. Children can remain on their <br /> parents’ health plans until the<br /> age of 26.<br />2. Children can no longerbe<br />denied coverage for<br /> pre-existing conditions.<br />(MORE)<br />Source: New York Times<br />41<br />
  50. 50. 3. Adults denied coverage for pre-existing <br />conditions will have access to high-risk<br /> insurance programs provided by the <br />government. <br />4. Insurance companies<br />cannot set lifetime<br /> limits on health care<br /> coverage or cancel a<br /> policy once someone<br /> gets sick. <br />(MORE)<br />Source: New York Times<br />42<br />
  51. 51. 5. Small businessescan qualifyfor taxcredits to<br />offset the cost ofhealth<br />premiums.<br />(MORE)<br />Source: New York Times<br />43<br />
  52. 52. 6. The Medicare doughnut hole gradually <br />phases out:<br />2010: $250 rebate for persons<br /> falling into doughnut hole<br />2011: $500 rebate for persons<br /> falling into doughnut hole.<br /> reduction in brand-name<br /> and generic drug prices.<br />2013: Further reduction in drug prices<br />2020: The doughnut hole is GONE!<br />The doughnut hole occurs when a Medicare Part D patient has spent $2830 a year for prescriptions. Medicare does not cover any other prescriptions until the total reaches $4550.<br />Source: New York Times<br />44<br />
  53. 53. CAN <br />CAN YOU GET ME SOME HUDDLED <br />MASSES YEARNING TO BUST THEIR BUTTS FOR $5 AN HOUR?<br />IMMIGRATION<br />45<br />
  54. 54. MYTH<br />ILLEGAL IMMIGRANTS DON’T PAY TAXES<br />46<br />
  55. 55. MYTH<br />ILLEGAL IMMIGRANTS COME TO THE U.S. FOR WELFARE<br />47<br />
  56. 56. MYTH<br />ILLEGAL IMMIGRANTS ABUSE THE HEALTH CARE SYSTEM<br />48<br />
  57. 57. MYTH<br />ILLEGAL IMMIGRANTS <br />ARE MORE LIKELY TO COMMIT <br />CRIMES<br />49<br />
  58. 58. MYTH<br />ILLEGAL IMMIGRANTS <br />TAKE AMERICAN JOBS<br />50<br />
  59. 59. FACT<br />ILLEGAL IMMIGRANTS PAY THE SAME TAXES AS YOU AND I PAY <br />Employers of undocumented <br />workers deductall the federal <br />income and other taxes from<br />all employees -- legal and<br />illegal. <br />84%pay income tax and 0%file a return<br />Source: National Immigration Forum<br />51<br />
  60. 60. FACT<br /> THE U.S. ACTUALLY MAKES A PROFIT ON ILLEGAL IMMIGRANTS<br />This is because so many illegal immigrants <br />pay income taxes, sales tax, Social Security <br />and Medicare and can not reclaim any money <br />or benefits.<br />(ANAVERAGE $80,000 IN A LIFETIME) <br />(MORE)<br />Source: National Immigration Forum<br />52<br />
  61. 61. U.S. LAW PROHIBITS ILLEGAL RESIDENTS FROM OBTAINING ANY TYPE OF PUBLIC ASSISTANCE (welfare, food stamps, etc.)<br />Studies show that only 2% of Mexican immigrants have ever used welfare or social security and only 3% have ever used food stamps.<br />Illegal immigrants pay >$50 billion every year<br />in Social Security … none of which they can claim. <br />Source: National Immigration Forum<br />53<br />
  62. 62. FACT<br />UNDOCUMENTED PERSONS ARE ENTITLED ONLY TO EMERGENCY TREATMENT.<br />A recent RAND Corp.study states:“The foreign born (especiallyundocumented)<br />use disproportionately fewermedical services and contributeless to health<br />care costs in relation to<br />their population share.“<br />And, many illegal immigrants<br />have their own insurance.<br />Source: National Immigration Forum<br />54<br />
  63. 63. FACT<br />THE CRIME RATE IN MAJOR IMMIGRANT AREAS IS AT ITS LOWEST IN 4 DECADES<br />Numerous reputable studies have<br />shown that regardless of their legal<br />status, immigrants are not the<br />source of substantial crime. <br />Undocumented individuals have<br />a very high incentive not to break<br />the law. <br />Source: National Immigration Forum, Bureau of Justice Statistics<br />(MORE)<br />
  64. 64. 56<br />
  65. 65. FACT<br />ILLEGAL <br />IMMIGRANTS<br />DO NOT TAKE AMERICAN JOBS<br />Study after study has shown that immigrants grow the economy, expanding demand for goods and services that the foreign-born workers and their families consume, and thereby creating jobs. <br />There is even broad agreement among economists that while immigrants may push down wages for some, the overall effect is to increase average wagesfor American-born workers.<br />Source: FactCheck.com<br />57<br />
  66. 66. MYTH<br />IMMIGRANTS SHOULD APPLY TO LEGALLY ENTER THE U.S.<br />58<br />
  67. 67. FACT<br />THE DEMAND FOR LOW-SKILLED <br /> WORKERS IN THE U.S. LABOR MARKET<br /> IS 500,000A YEAR <br />THE CURRENT U.S. IMMIGRATION<br /> QUOTA IS 5,000 FOR THAT CATEGORY<br />"If you are a Mexican wanting to get a legal visa to work in a low-skilled job in the U.S., you would be dead before you get your visa.''<br />Source: National Immigration Forum<br />59<br />
  68. 68. MYTH<br />A FENCE BETWEEN THE U.S. AND MEXICO WOULD SOLVE THE PROBLEM<br />60<br />
  69. 69. FACT<br />First: “For every 15-foot fence there is a 16-foot<br />ladder or a shovel to dig underneath.”<br />Second: 40% of undocumented persons<br />in the U.S. entered legally and <br />overstayed their visas<br />Third: Only57% of all illegal immigrants arrive from Mexico.<br />(The fence we are building now on our Mexican border is<br /> only one of two fences in the world separating states: the<br /> other one is the Israeli-Palestine wall.)<br />Sources: www.politifact.com, Urban Institute<br />(MORE)<br />61<br />
  70. 70. INDIANS<br />PLYMOUTH ROCK <br />PILGRIMS<br />“They say they’re building a wall because too many of us enter illegally and won’t learn their language or assimilate into their culture.”<br />62<br />
  71. 71. RELIGION<br />63<br />
  72. 72. MYTH<br />OBAMAIS A MUSLIM<br />64<br />
  73. 73. A poll taken in late August on the<br />subject of Obama’s religion showed:<br /><ul><li>34 % believe he is a Christian
  74. 74. 18% believe he is a Muslim
  75. 75. 48% don’t know his religion</li></ul>SO WHO CARES? THIS IS AMERICA …<br /> ”FREEDOM OF RELIGION”<br />Source: politifact.com<br />(MORE)<br />65<br />
  76. 76. OBAMA IS NOT A MUSLIM<br /><ul><li>Obama attended both Catholic and </li></ul> public Muslim schools in Indonesia <br />(but not for religious training). <br /><ul><li> Although Obama was not raised in any’</li></ul> particular faith. He became a Christian<br /> and joined the Trinity United Church of<br /> Christ when he was in his 20s.<br />Source: politifact.com<br />66<br />FACT<br /><ul><li> Obama continues to attend Christian churches,</li></ul>carries a Bible and states that he is a Christian<br />
  77. 77. SAME SEX MARRIAGE<br />67<br />
  78. 78. MYTH<br />MARRIAGE HAS<br />ALWAYSBEEN ABOUT<br />ONE MANAND <br />ONE WOMAN<br />68<br />
  79. 79. FACT<br />PAST CULTURES CONDONED<br />SAME-SEX UNIONS<br />Through the Ming dynasty in China, both females and males bound themselves in contracts with persons of the same gender.<br />During the Roman Empire, same sex marriages were common … even Emperor Nero himself married a man.  <br />From the 5th to the 14th centuries, the Roman Catholic Church conducted ceremonies to bless same-sex unions which were almost identical to those for heterosexual unions. <br />  <br />Source: The Marriage of Likeness: Same-Sex Unions in Pre-Modern Europe, John Boswell<br />69<br />
  80. 80. MYTH<br />CIVIL UNIONS AND <br />DOMESTIC PARTNERSHIPS <br />ARE THE SAME AS <br />MARRIAGE<br />70<br />
  81. 81. FACT<br />DOMESTIC PARTNERSHIPS AND CIVIL UNIONS ARE NOT THE SAME AS MARRIAGE<br />THEY:<br />1. Can cost thousands of dollars in legal fees<br />whereas a simple marriage license usually costs less than $100.<br />2. Can be challenged in court.<br />In the case of wills, legal spouses always have more legal <br />power than any other family member.<br />3. Are not universally recognized. <br /> Physicians, judges, etc. may not<br />recognize civil unions or domestic<br />partnerships.<br />(MORE)<br />Source: lesbianlife.about.com<br />71<br />
  82. 82. The federal government provides at least 1,049benefits and protections formarried couplesnot provided to domestic partners or persons in civil<br />unions:<br /><ul><li>survivor benefits through Social Security
  83. 83. sick leave to care for ailing partner
  84. 84. tax breaks
  85. 85. veterans benefits
  86. 86. insurance breaks
  87. 87. family discounts
  88. 88. family insurance through an employer
  89. 89. visiting a spouse in the hospital
  90. 90. making medical decisions</li></ul>Source: General Accounting Office<br />72<br />
  91. 91. SOCIAL SECURITY<br />MEDICARE<br />73<br />
  92. 92. AUGUST 14, 1935: <br />PRESIDENT ROOSEVELT SIGNS <br />THE SOCIAL SECURITY ACT<br />74<br />
  93. 93. MYTH<br />SOCIAL SECURITY<br /> IS GOING BROKE<br />75<br />
  94. 94. FACT<br />BY 2023,SOCIALSECURITY WILLHAVE A SURPLUS OF<br />$4.3 TRILLION<br />It can pay out all scheduled benefitsforthenext 25 years with no changes whatsoever. <br />After 2037, it'll still be able to pay out 75% of scheduled benefits-- and again, that is without any changes.<br />Source: National Committee to Preserve Social Security and Medicare<br />76<br />
  95. 95. MYTH<br />SOCIAL SECURITY<br />ADDS TO THE DEFICIT<br />77<br />
  96. 96. FACT<br />NOT ONE PENNY OF THE DEFICIT CAN BE ATTRIBUTED TO <br />SOCIAL SECURITY<br />By law, Social Security funds are separate from the budget, and it must pay its own way. <br />Source: National Committee to Preserve Social Security and Medicare<br />78<br />
  97. 97. MYTH<br />iou<br />THE SOCIAL SECURITY TRUST FUND HAS BEEN RAIDED AND IS FULL OF “IOU”S<br />79<br />
  98. 98. FACT<br />THE SOCIAL SECURITY FUND ISN’T FULL OF <br />IOUs … IT’S FULL OF <br />U.S. TREASURY BONDS<br />It could be worse! President Bush wanted to put Social Security funds in the stock market (which would have been disastrous). Luckily, he failed. <br />(MORE)<br />Source: National Committee to Preserve Social Security and Medicare<br />80<br />
  99. 99. HOWEVER,<br />THOSE TREASURY BONDS ARE A PART OF THE $10.7 TRILLION DEBT<br />WE OWE<br />SOCIAL SECURITY<br />40%<br />of the U.S. debt is money borrowed from Social Security … that is our money!<br />(MORE)<br />81<br />
  100. 100. DEFICIT COMMISSION<br />The newly appointed deficit commission is charged with finding a way to CUT THE DEBT! And guess where the members of that committee plan to go <br />for cuts … SOCIAL SECURITY! <br />Co-chair, Alan Simpson, expressed his view of<br />Social Security when he sent an e-mail to the<br />National Older Women's League Executive<br />Director comparing Social Security to "a milk <br /> cow with 310 million tits!"<br />James Roosevelt, Jr. defended Social Security: <br /> “Social Security should be out of the reach of <br /> the Budget Deficit Commission because it is <br /> not part of the Federal budget. <br />Since Social Security has not contributed in any<br /> way to the deficit, it makes no sense to consider it as part of the solution.”<br />(MORE)<br />Source: Nationional Committee to Preserve Social Security and Medicare; politify.com<br />
  101. 101. SOCIAL SECURTY PAYROLL TAX IS LEVIED ONLY ON EARNINGS UP TO $106,800 A YEAR<br />Millionaires and billionaires pay (and receive) the same<br />as an individual earning $106,800<br />The Congressional Budget Office finds that: “Eliminating the limit on the amount taxed would provide all the money Social Security needs for the foreseeable future.”<br />Senator Bernie Sanders proposed “applying the <br />Social Security payroll tax on those whose incomes exceed $250,000”.<br />Source: Congressional Budget Office<br />83<br />
  102. 102. TEA PARTY<br />84<br />
  103. 103. MYTH<br />THE TEA PARTY IS A “GRASSROOTS” ORGANIZATION<br />85<br />
  104. 104. FACT<br />THE TEA PARTY IS AN “ASTROTURF” ORGANIZATION<br />(MORE)<br />86<br />
  105. 105. THE TEA PARTYIS A <br />PROFESSIONALLY COORDINATED CORPORATE POLITICAL <br />ACTIONTOOL.<br />It was founded and funded primarily by the Koch brothers of Koch Industries … with support from Exxon/Mobile, Massey Energy and others. <br />The money is funneled through conservative think tanks such as Dick Armey’sFreedom Worksand Americans for Prosperity.<br />(MORE)<br />Source: Alternet.com<br />87<br />
  106. 106. Koch Industries is a privately-owned $100 billion <br />conglomerate with business activities in:<br /><ul><li> petroleum
  107. 107. chemicals
  108. 108. energy
  109. 109. Asphalt
  110. 110. natural gas
  111. 111. plastics
  112. 112. fibers
  113. 113. minerals
  114. 114. fertilizers
  115. 115. ranching
  116. 116. pulp and paper
  117. 117. finance and commodities trading.</li></ul>(MORE)<br />Source: Alternet.com<br />88<br />
  118. 118. IN 2008, THE KOCH FOUNDATIONS GAVE MONEY TO 34 POLITICAL AND POLICY ORGANIZATIONS, SOME OF WHICH THEY FOUNDED AND SEVERAL THEY DIRECT<br />(MORE)<br />89<br />
  119. 119. The founder, Fred Koch, also<br />founded the Birch Society. <br />Both sons (Charles and David)<br />now manage the business and <br />are dedicated Libertarians.<br />They oppose taxes and government regulation.<br />Of course, much less oversight of industry and fewer environmental regulations mean more profits for Koch Industries.<br />Between 1997 and 2008, Koch Industries donated a total of nearly $48 million to climate opposition groups, $32 million in the last two years<br />(MORE)<br />Source: Alternet.com / Center for Responsive Politics<br />90<br />
  120. 120. The University of Massachusetts Political Economy<br />Research Institute named Koch Industries as one of the<br />TOP 10 Air Polluters in the U.S.<br />A Greenpeace report found that Kochhas been a “kingpin of climate science denial,” and “vastly outdid” ExxonMobil in giving money to organizationsfighting legislation related to climate change.<br />The Justice Department charged that Koch Industrieswas responsible for more than 300 oil spills, which released 300 million gallons of oil into lakes and rivers and, later, leveled a 97-count indictment against Koch for covering up the discharge of 91 tons of the carcinogen, benzine.<br />A Senate committee minority report found that a trust financed by Charles and David Koch “may have played a decisive role in four of<br />six federal races(running attack advertising).”<br />For more information, see the August 30, 2010 issue of the New Yorker.<br />Source: Alternet.com<br />
  121. 121. The founder of the Center for Public Integrity, Charles Lewis, told the New Yorker:<br /> “The Kochs are on a whole different level. There’s no one else who has spent this much money.<br />The sheer dimension of it is what sets them apart. They have a pattern of lawbreaking, political manipulation, and obfuscation. <br />I’ve been in Washington since Watergate, and I’ve never seen anything like it. They are the Standard Oil of our times.”<br />Source: Alternet.com<br />92<br />
  122. 122. MYTH<br />TEA PARTY PARTICIPATION IS SPONTANEOUS<br />93<br />
  123. 123. FACT<br />THE TEA PARTY IS PROFESSIONALLY MANAGED<br />It is no accident that all the banners<br />and slogans look alike or that the <br />participants all say the same thing.<br />In reality, the Tea Party is managed by<br />the very conservative PR firm,<br />King Media Group, whose slogan is<br />“the art of persuasion … the science of media”.<br />A leaked memo from details exactly how<br />members should conduct themselves in town hall meetings<br />and rallies … they are mere puppets of Koch and friends.<br />Source: Alternet.com<br />94<br />
  124. 124. 95<br />
  125. 125. MYTH<br />WELFARE IS ONLY FOR THE POOR<br />96<br />
  126. 126. FACT<br />THE WEALTHY ALSO RECEIVE WELFARE<br />WALL STREET: Bailouts<br />BANKS:Cheap money through TARP to Goldman Sacks, Bank of America, Citigroup and other heavy hitters.<br />AIRLINES:Small Business Administration(SBA) awarded contracts to the 13 largest government contractors rather than to “small” businesses.<br />AGRI-BUSINESS :Agricultural price supports (72%) are distributed to the top farmers, not the family farmer. Congress rejected a cap of $250,000 per recipient.<br />AUTO:Takeover of General Motors<br />HEALTHCARE:Pharmaceutical companies are subsidized for developing drugs for profit.<br />OIL:Oil companies receive subsidies and tax breaks for drilling.<br />(MORE)<br />Source: thefreemanonline.org<br />
  127. 127. 98<br />THE FEDERAL GOVERNMENT<br /> ONLY SPENT $191 BILLION<br />IN 2009 ON “WELFARE” FOR<br /> THE POOR<br />The total welfare budget includes:<br /><ul><li>General retirement and disability insurance
  128. 128. Federal employee retirement and disability
  129. 129. Unemployment compensation
  130. 130. Housing assistance
  131. 131. Food and nutrition assistance
  132. 132. Other income security</li></ul>More than one-half of the welfare budget has nothing to do with the “poor”: It is allocated to general and federal employee retirement and disability insurance and other funded programs not directed at the poor.<br /> <br />FACT<br />5.5%<br />Source: Public Budget Database, www.OurDime,us<br />(MORE)<br />
  133. 133. 99<br />Conservatives are great at moralizing when the target is a vulnerable individual. <br />When it's a big corporation that's <br />exploiting the public purse, they're silent.<br />So, let’s compare welfare <br />for the “poor” to welfare for<br />the “rich”<br />(MORE)<br />Source: www.OurFuture.org<br />
  134. 134. 100<br />WELFARE FOR TOP COMPANIES<br />From 2001-2003,275 large corporations on Fortune’s 500 list paid taxes on only about one-half of their income. As a result companies like General Electric, IBM, Microsoft and AT&Tsaved $175.2 billion in taxes alone.<br />Construction of 90%of the huge Wal-Mart warehouses was subsidized by public funds.<br />In addition, Wal-Marthas more workers<br />enrolled in state Medicaidprograms (which are supposed to be reserved for poor people) than any other employer They even hand out guides to help workers enroll in the programs. <br />(MORE)<br />Source: www.OurFuture.org<br />
  135. 135. WELFARE FOR WALL STREET<br />WW II<br />$3.2 Trillion<br /> BAILOUT<br />$8.5 Trillion<br />Source: Reporters Committee for Freedom of the Press<br />101<br />(MORE)<br />
  136. 136. WELFARE FOR BANKS<br />$345 BILLION – That is how much privately-owned bankswere able to borrow from the Federal Government in May 2009 under (TLGP) Temporary Liquidity Guarantee Program .<br />By paying less to borrow, using the Federal Government‘s credit, it's much easier to make greater profits. <br />LOAN AMOUNTS<br />$88.0 billion - General Electric <br />$64.6 billion - Citigroup <br />$44.5 billion - Bank of America <br />$39.7 billion - JPMorgan <br />$25.0 billion - Morgan Stanley <br />$21.3 billion - Goldman Sachs)<br />$ 9.5 billion - Wells Fargo<br />Source: Newsweek<br />(MORE)<br />
  137. 137. WELFARE FOR AIRLINES<br />The Federal Government subsidizes the airline<br />industry in many ways. These are only a few:<br /><ul><li>$110 million a year to subsidize air service to small communities.
  138. 138. $3 billion a year for airline security
  139. 139. $15.8 billion write-off for airport development costs incurred prior to 1971 and never repaid by carriers or passengers.
  140. 140. $5 million a year for free FAA aircraft registrations, pilot medical and airline certifications, and pilot licenses.</li></ul>Source: Association of Railway Passengers<br />103<br />(MORE)<br />
  141. 141. WELFARE FOR AGRI-BUSINESS<br />Washington paid out a $250 billion dollars in federal farm subsidies between 1995 and 2009<br />Of that, the largest 10% of farm programs received 74% of the subsidies averaging $445,127. The bottom 80 % of farmers<br /> received subsidies averaging just $8,682. <br />Source: EWG Farm Subsidy Database<br />104<br />(MORE)<br />
  142. 142. WELFARE FOR DRUG COMPANIES<br /> Taxpayer-funded scientists<br /> conducted 55% of the research that<br /> led to the discovery and development<br /> of the top 5 selling drugs in a single <br /> year. <br />In addition to receiving research subsidies, the drug industry’s effective tax rate is about 40 % less than the average for all other industries.<br />The drug industry’s returns on revenue have averaged about three times the average for all other industries represented in the Fortune 500.<br />The Fortune 500 drug companies dedicated 30 % of their revenues to marketing and administration in the year 2000, and just 12 percent to R&D.<br />(MORE)<br />Source: www.citizen.org<br />
  143. 143. WELFARE FOR OIL COMPANIES<br />Oil companies received $30 billion dollars in a 5 year period. The subsidies including:<br /><ul><li> Reduced corporate income taxes.
  144. 144. Generous write-offs for buying oil refinery equipment,
  145. 145. Waiver of royalty fees for drilling off-shore.
  146. 146. . Decrease in royalty fees owed to states.
  147. 147. Subsidies for exploration and depletion of wells
  148. 148. Exemption from environmental standards.</li></ul> AND MANY MORE!<br />Examples of oil profits during this period are:<br /> $36 billion - Exxon Mobile<br /> $189 billion - Chevron<br />Source: Union of Concerned Scientists<br />106<br />
  149. 149. “ …Corporations have been enthroned, and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in the hands of a few, and the Republic is destroyed.“ <br />Abraham Lincoln, letter to William Elkins, Nov 21, 1864 (after the passage of the debt causing National Bank Act [June 3, 1864]) <br />107<br />
  150. 150. DON’T BELIEVE <br />EVERYTHING <br />YOU HEAR!<br /><ul><li> google.com
  151. 151. factcheck.org
  152. 152. snopes.com
  153. 153. wikipedia.org
  154. 154. truthorfiction.com</li></ul>108<br />
  155. 155. “Make the lie big, <br />make it simple, <br />keep saying it,<br />And eventually <br />they will believe it.” <br />Adolf Hitler<br />109<br />
  156. 156. “A house divided <br />against itself cannot stand.”<br />Abraham Lincoln<br />110<br />

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