Redistribution of Wealth

In the last couple of decades large business sector of American economy witnessed a situation of a company after company going bankrupt, their shareholders and bondholders loosing all their capital, employees loosing their jobs and pension plans, and yet, company's management emerging from the experience very wealthy.

At the same time, the same management of large corporations started outsourcing middle class jobs overseas or bringing cheap non-immigrant labor into the country. Both of these were done with full government cooperation.

American working poor found themselves competing for work with illegal immigrants. Government's non-enforcement of existing laws created vast group of cheap, politically powerless laborers, abused and exploited by the companies that hire them.

Lack of social safety net for the self-employed, unemployed, underemployed - especially lack of affordable health care insurance - produced a record number of bankruptcies in the USA.

All this lead to a greater and growing divide between haves and have-nots in this country.

At the same time, by abusing the campaign contribution system, the financial services industry found a way to influence the US government to make some key changes in the US laws and regulations that allowed the industry to maximize its profits. This maximization of the short term profits allowed the management of the financial firms to maximize their own pay.

This process was accompanied by a massive fraud perpetrated at various stages of producing, packaging, securitizing and selling mortgages and related debt obligations. The result - a massive loss to the US economy.

Additionally, since 2008, the financial oligarchy engineered the so-called bail-out to secure and maximize their own profits. This bail-out amounted to a tax that the government collected and then redistributed and continues to redistribute to the management of financial institutions.

As of now, the government did not take any action to examine the systemic faults in this new economy that almost led the country to the economic disaster. There is absolutely no interest on the government level to punish criminals who destroyed the companies shareholders entrusted them with, fraudulently obtained taxpayers' money via illegally paid bonuses, engaged in predatory landing practices, etc. Without such actions, the situation is bound to repeat again.

Unfortunately, the government that is serving special interests is unable to take this action.

This leads American people to one and only one choice - to create a new political platform, independent of existing political parties, enjoying the most popular support and elect new representatives, who will act in the interest of the people.