The Time article gives this more meaning by reporting that this looting averaged $297,000.00 per household.
Also, this "movement conservative" began after the Brown vs Board of Education decision by SCOTUS - see Who Stole the American Dream by Hedrick Smith, Democracy In Chains by Nancy MacLean and How the South Won The Civil War by Heather Cox Richardson. Their first attempt to take over our federal Executive branch was in 1964 with Barry Goldwater and their first significant impact on Congress was in the 1966 midterms when they got voters to reject LBJs Great Society.
Another wedge toward ending the for-the-people efforts of FDR, Eisenhower, LBJ, and Nixon was the Legislative Reorganization Act of 1970, https://www.youtube.com/watch?v=c4kvUxQIJlA. This act opened the Congressional Committee meetings to the public for the first time. A good thing, but this act also led to thousands of new career opportunties for those wanting to become a corporate lobbyists:
- "Late 1970s—Business mobilizes politically [Inspired by the 1971 Powell Memo]. The number of companies with Washington lobbying offices grows from 175 in 1971 to 2,445 a decade later. Along with 2,000 different trade associations, businesses have a combined Washington staff of 50,000, plus 9,000 lobbyists and 8,000 public relations specialists. Business lobbyists and advocates now outnumber members of Congress by 130 to 1." - circa 2012 from Hedrick Smith's book Who Stole the American Dream, http://hedricksmith.com/timeline-who-stole-the-american-dream/.
For more details on the looting of $50 trillion by the one percent:
https://time.com/5888024/50-trillion-income-inequality-america/
The Time article gives this more meaning by reporting that this looting averaged $297,000.00 per household.
Also, this "movement conservative" began after the Brown vs Board of Education decision by SCOTUS - see Who Stole the American Dream by Hedrick Smith, Democracy In Chains by Nancy MacLean and How the South Won The Civil War by Heather Cox Richardson. Their first attempt to take over our federal Executive branch was in 1964 with Barry Goldwater and their first significant impact on Congress was in the 1966 midterms when they got voters to reject LBJs Great Society.
Another wedge toward ending the for-the-people efforts of FDR, Eisenhower, LBJ, and Nixon was the Legislative Reorganization Act of 1970, https://www.youtube.com/watch?v=c4kvUxQIJlA. This act opened the Congressional Committee meetings to the public for the first time. A good thing, but this act also led to thousands of new career opportunties for those wanting to become a corporate lobbyists:
- "Late 1970s—Business mobilizes politically [Inspired by the 1971 Powell Memo]. The number of companies with Washington lobbying offices grows from 175 in 1971 to 2,445 a decade later. Along with 2,000 different trade associations, businesses have a combined Washington staff of 50,000, plus 9,000 lobbyists and 8,000 public relations specialists. Business lobbyists and advocates now outnumber members of Congress by 130 to 1." - circa 2012 from Hedrick Smith's book Who Stole the American Dream, http://hedricksmith.com/timeline-who-stole-the-american-dream/.
Excellent background reading references. Thank you Andy!