Cooper: The oligarchs are at the gate and the lock has just been sprung!

Submitted by John Cooper, Greenwich

To the Editor

Hey folks, get ready for a big 4th of July weekend, because it could be our last as free Americans! If this congress can agree to the reconciliation bill just passed by the Senate, the one that claws back almost every penny of assistance given the less fortunate and indigent poor, our Republic is in peril. The oligarchs are at the gate and the lock has just been sprung!

There are currently 902 billionaires ($1,000,000,000.00) in the United States, 13 in Connecticut. From them, I have not heard nor read a single interview, article, LTE or op-ed offering to forego the tax cuts that are the raison d’être for the entire exercise. Nether has there been pushback against the bill from the same quarter. This callout of self-interested, uncaring one percenters should include centi-millionaires ($100,000,000.00) as well, of which there are over 10,500 in the US, a statistic that has doubled since 2003.

When the real damage contained in this huge, bloated, ugly bill comes to fore, everyday people will suffer and die. DJT and the creators of Project 2025 insist that this will not happen. When it does, will the 20,000 (by then) centi-millionaires and billionaires’ cash in some chips and lend a helping hand to the poor, the sick and the dying?, not likely…

Perhaps the only time these monied interests will be concerned is when the weight of the debt created by this abominable bill causes a flight from the $US dollar and markets will crash. Even then it won’t really hurt, as with the help of the big banks they will have moved their fortunes into other currencies and the Cayman Islands.

I am beyond ashamed to be an American today and fear for the lives of so many people I know and care about. Therefore, I cannot think of closing this with “have a Happy 4th of July”, without feeling sick to my stomach.