Category Archives: Labor
Tax Cuts: Wall Street’s Gain Main Street’s Pain
Sources:
Mother Jones: Charts: 6 Big Economic Myths, Debunked
Corporate profits: Bureau of Economic Analysis
Unemployement rate: Bureau of Labor Statistics
Occupy Wall Street — “We Are What Democracy Looks Like!”
It’s called Occupy Wall Street for a reason: it’s about the MONEY, stupid! The money that has put profits before people and left human values to be measured by price alone. The money that (with the complicity of the Supreme Court) has replaced votes (one for each of us) with dollars (one for the 99 and 99 for the one!) turning democracy into plutocracy. . . Look at the process, which is a bold attempt to embody a “horizontal” paradigm of participatory engagement as an alternative to “vertical” big league moneyball democracy.
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Top 1% Average Income vs. Bottom 90%
Why I Do Not Support the Troops!
This is the first time since I read Major General Smedley Darlington Butler’s (July 30, 1881 – June 21, 1940) classic, must read, War is a Racket, that anyone has expressed my sentiments so eloquently!
What Next?
It has become clear to everyone except the professional political class that things cannot go on this way. . . The most important fact is that the neo-liberal experiment of the last few decades, what one might call the Great Leap Backward, has failed. In fact this project must be considered to constitute as great a crime against humanity as Stalin’s or Mao’s. . . In economic terms the measure of capitalism’s failure is the growth of inequality. The gap between the global rich and poor has increased over the last few decades. Wealth does not ‘trickle down’, on the contrary it is siphoned up. . .
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Starve the Beast
Bill Moyers: “Our Politicians Are Money Launderers in the Trafficking of Power and Policy”
Journalist Bill Moyers delivers the keynote address at Public Citizen’s 40th Anniversary Gala. For more information, visit http://www.citizen.org/40gala.
Keep Wall Street Occupied
Noam Chomsky Speaks to Occupy: If We Want a Chance at a Decent Future, the Movement Here and Around the World Must Grow
The 1970s set off a kind of a vicious cycle that led to a concentration of wealth increasingly in the hands of the financial sector, which doesn’t benefit the economy. Concentration of wealth yields concentration of political power, which, in turn, arrives to legislation that increases and accelerates the cycle. . . Take a look at what’s happening right now. The big topic in Washington that everyone concentrates on is the deficit. For the public, correctly, the deficit is not much of an issue. The issue is joblessness, not a deficit. Now there’s a deficit commission but no joblessness commission. . . The public wants higher taxes on the wealthy and to preserve the limited social benefits. The outcome of the deficit commission is probably going to be the opposite. . . Well, now the world is indeed splitting into a plutonomy and a precariat, again in the imagery of the Occupy movement, the 1 percent and the 99 percent.
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