Shift of Power in the Senate
The newly elected Democratic Senator of Virginia, Jim Webb is a highly decorated Marine Corps veteran of the Vietnam War. He served as Ronald Reagan’s Secretary of the Navy and is the only graduate of the Naval Academy to do so.
Webb decided to go back to the Democratic Party, because of his concern for the working people of this country. During his campaign, Webb expressed concern about the incredible transfer of great wealth to an elite few. Presently, we are at historically high levels of corporate profits as a percentage of our national wealth, but at the same time wages and salaries are at an all-time low.
Webb will be to taking a look at the many loopholes congressional leadership has built into a system, which allows this shift of wealth to perpetuate itself. He’s trying to bring fairness back to a broken system. Presently, we have corporate America reaping record profits, but paying only 13 percent of the taxes. This situation requires that 86 percent of taxes in this country be paid by individuals.
Webb points to a lack of conscience by corporate America. He’s very concerned by the sense of entitlement, which has accompanied this shifting of enormous wealth to the top one percent of Americans. These entitlements are dramatically obvious in military service.
Webb believes that equality is the cornerstone of our Declaration of Independence and the Constitution. He expects to focus on equality of opportunity, equal rights, equality of educational opportunity and economic opportunity. He says that we’ve gotten away from a fundamental sense of fairness, that has been the essence of American society.
According to Webb, the measure a healthy society is not at its apex, but at the base. You can't measure the health of our society simply by what's happening with the stock market, because there's been such a tremendous migration of wealth toward a very small percentage of people who own stocks.
Webb decided to go back to the Democratic Party, because of his concern for the working people of this country. During his campaign, Webb expressed concern about the incredible transfer of great wealth to an elite few. Presently, we are at historically high levels of corporate profits as a percentage of our national wealth, but at the same time wages and salaries are at an all-time low.
Webb will be to taking a look at the many loopholes congressional leadership has built into a system, which allows this shift of wealth to perpetuate itself. He’s trying to bring fairness back to a broken system. Presently, we have corporate America reaping record profits, but paying only 13 percent of the taxes. This situation requires that 86 percent of taxes in this country be paid by individuals.
Webb points to a lack of conscience by corporate America. He’s very concerned by the sense of entitlement, which has accompanied this shifting of enormous wealth to the top one percent of Americans. These entitlements are dramatically obvious in military service.
Webb believes that equality is the cornerstone of our Declaration of Independence and the Constitution. He expects to focus on equality of opportunity, equal rights, equality of educational opportunity and economic opportunity. He says that we’ve gotten away from a fundamental sense of fairness, that has been the essence of American society.
According to Webb, the measure a healthy society is not at its apex, but at the base. You can't measure the health of our society simply by what's happening with the stock market, because there's been such a tremendous migration of wealth toward a very small percentage of people who own stocks.
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