Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Robert Reich -We're in a Recession Because the Rich Are Raking in an Absurd Portion of Wealth

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:02 AM
Original message
Robert Reich -We're in a Recession Because the Rich Are Raking in an Absurd Portion of Wealth
Edited on Thu Jul-08-10 09:06 AM by kpete
ECONOMY
The Nation / By Robert Reich

We're in a Recession Because the Rich Are Raking in an Absurd Portion of Wealth
Our economy can't thrive when the richest 1% get an ever larger share of the nation's income and wealth, and everyone else's share shrinks.
July 7, 2010 |


Wall Street's banditry was the proximate cause of the Great Recession, not its underlying cause. Even if the Street is better controlled in the future (and I have my doubts), the structural reason for the Great Recession still haunts America. That reason is America's surging inequality.

.................

If nothing more is done, America's three-decade-long lurch toward widening inequality is an open invitation to a future demagogue who misconnects the dots, blaming immigrants, the poor, government, foreign nations, "socialists" or "intellectual elites" for the growing frustrations of the middle class. The major fault line in American politics will no longer be between Democrats and Republicans, liberals and conservatives. It will be between the "establishment" and an increasingly mad-as-hell populace determined to "take back America" from them. When they understand where this is heading, powerful interests that have so far resisted reform may come to see that the alternative is far worse.

A virtual pendulum underlies the American political economy. We swing from eras in which the benefits of economic growth concentrate in fewer hands to those in which the gains are more broadly shared, and then back again. We are approaching the end of one such cycle and the start of the next. The question is not whether the pendulum will swing back but how it will swingwhether with reforms that widen the circle of prosperity or with demagoguery that turns America away from the rest of the world, shrinks the economy and sets Americans against one another.

None of us can thrive in a nation divided between a small number of people receiving an ever larger share of the nation's income and wealth, and everyone else receiving a declining share. The lopsidedness not only diminishes economic growth but also tears at the social fabric of our society. The most fortunate among us who have reached the pinnacles of economic power and success depend on a stable economic and political system. That stability rests on the public's trust that the system operates in the interest of us all. Any loss of such trust threatens the well-being of everyone. We will choose reform, I believe, because we are a sensible nation, and reform is the only sensible option we have.

more:
http://www.alternet.org/economy/147469/we%27re_in_a_recession_because_the_rich_are_raking_in_an_absurd_portion_of_wealth/
Printer Friendly | Permalink |  | Top
mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:04 AM
Response to Original message
1. Robert Reich & Paul Krugman should be embraced by the Obama Administration instead
of the thugs he surrounds himself with.
Printer Friendly | Permalink |  | Top
 
dmosh42 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:07 AM
Response to Reply #1
2. He should, but he would rather be with the banksters! n/t
Printer Friendly | Permalink |  | Top
 
SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:07 AM
Response to Reply #2
3. +1. nt
Printer Friendly | Permalink |  | Top
 
Lost4words Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:19 AM
Response to Reply #2
8. yup!
Printer Friendly | Permalink |  | Top
 
tbyg52 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 04:07 PM
Response to Reply #2
57. You mean his/our owners? nt
Printer Friendly | Permalink |  | Top
 
lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 10:18 PM
Response to Reply #2
98. And that oil.
Printer Friendly | Permalink |  | Top
 
Cal33 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 04:00 PM
Original message
I think he was (probably still is) too obsessed with the idea
of "bipartisanship." It's so painfully obvious by now that Neocons are not
capable of meeting another person half way - at least, not voluntarily. These
people respect two things only: 1. Profit. 2. Fear of Punishment.
Printer Friendly | Permalink |  | Top
 
Raster Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 07:54 PM
Response to Original message
93. It's not bipartisanship. It's collaboration.
Printer Friendly | Permalink |  | Top
 
tavalon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-09-10 06:31 AM
Response to Reply #93
112. Exactly
Printer Friendly | Permalink |  | Top
 
Grinchie Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-09-10 12:36 AM
Response to Original message
104. Don't try to frame it as Bipartisanship..
He had the mandate to Nationalize the Telecommunication Industry if he wanted to, but he capitulated to there threats.

Sorry, but your bipartisanship spin doesn't fly in my neck of the woods, simply because it weakend his mandate to the point that Obama is a Lame Duck in the first year of his administration. Whith everyone thrown under the bus so far, it's pretty darn clear that he is a Corporatist flunky.

Where is Flunky the Clown when you need him?

Printer Friendly | Permalink |  | Top
 
Cal33 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 04:00 PM
Response to Reply #1
56. I think he was (probably still is) too obsessed with the idea
of "bipartisanship." It's so painfully obvious by now that Neocons are not
capable of meeting another person half way - at least, not voluntarily. These
people respect two things only: 1. Profit. 2. Fear of Punishment.
Printer Friendly | Permalink |  | Top
 
TheMadMonk Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 10:28 PM
Response to Reply #56
100. It's not bipartisanship.
He never was the person he presented himself to be;
He was paid off; or
It was demonstrated to him that his daughters were not safe even in the hands of the Secret Service.
Printer Friendly | Permalink |  | Top
 
Jefferson23 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:52 PM
Response to Reply #1
79. There are so many he could have chosen, Joseph Stiglitz among them.
The missed opportunities have been painful to witness.
Printer Friendly | Permalink |  | Top
 
Grinchie Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-09-10 12:41 AM
Response to Reply #79
105. The choices he made are painful to witness..
But, they were the first signs of his gravitation towards the dark side..

The dark force entities are scrambling for cover right now, simply because they all are not in the 1% of the wealthy. They are failing like the rest of America, and they are getting desperate. I predict a lot of "Not Guilty due to Insanity" pleas in the next few years, as the Ponzi schemes unwind, and the lesser positioned player become exposed and isolated by their own peers.

Printer Friendly | Permalink |  | Top
 
Sciguy Donating Member (23 posts) Send PM | Profile | Ignore Fri Jul-09-10 06:40 AM
Response to Reply #1
113. AMEN! n/t
Printer Friendly | Permalink |  | Top
 
dotymed Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-09-10 09:37 AM
Response to Reply #1
115. Absolutely.
It has become so ridiculous, even people from Russia, prefer there to have medical procedures. It is way too expensive here and we rank very low (third world nation status) in our ability to adequately administer health care. Translation: if you are not wealthy or have very good medical insurance, you are considered trash and therefore disposable. Until Ronnie Reagan, America was a nation at the top. This was because we progressively taxed our citizens according to their ability to pay.
Since Reagan, (Clinton and Obama have gone along with it), our top tax bracket is currently, $250,000, that is unconscionable, even to many wealthy (clear thinking) citizens. Of course millionaires and billionaires should pay a much higher percentage of taxes than a person who earns $250,000. When I was physically allowed to work, as a Union carpenter, I made very good money (in my view), I paid almost 35% in taxes. I did not mind. I do however know that in the 60's, the highest earners paid 75%-90% income taxes. They were still very wealthy and it allowed the wealth to be distributed throughout the population. This helped our economy and it's citizens. This is common fucking sense.
From Reagan onward, the taxes for the wealthy have become almost non-existent as has our manufacturing base.
We have "slipped" (by design) into 3rd world status in everything except military power. Our citizens suffer and our elites have become obscene (most of them).
Of course the Whitehouse knows this. My God it is not rocket science. Unfortunately, we were "sold" a false bill of goods when it comes to the promises of this administration (that I worked soo hard to help get elected). Almost all of "our" representatives actually represent the wealthy, not the majority.
Our Election system is not verifiable.
America has become a "banana republic."
The only hope for America (that I see) is that if we ALL take to the streets and non-violently demand specific reforms.
I say we should stage "Constitutional Conventions" in maybe 6-7 districts, where, through paper ballot voting, we can elect citizens (not wealthy) to represent us at each convention. Similar to the ones held in Philadelphia, by our Founding Fathers, at these "conventions", we can list our grievances and demands. We can create a "Platform" of our principles.
Then, nation-wide, have peaceful demonstrations and strikes, until our platform is adopted or "they" make it clear we can go fuck ourselves.
The times and unfair laws affecting ordinary Americans demand that we rise up as a majority and determine our future. For the last 30 years we have been heading towards feudalism. Only WE can stop it.
Printer Friendly | Permalink |  | Top
 
CrownPrinceBandar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:08 AM
Response to Original message
4. Good info. Unfortunately.........
it seems like there is no shortage of economists out there willing to defend "trickle-down" and that the concentration of wealth at the top is the most beneficial financial situation to be had. I guess there's no such thing as an unbiased economist.
Printer Friendly | Permalink |  | Top
 
howaboutme Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 10:49 AM
Response to Reply #4
24. Just as there is no such thing as a politician
(or almost no such thing) who puts the interests of the people first, theirs and their crony's self interests last, and who work honestly to better the overall nation for the people, and not for the elitists or political Party.
Printer Friendly | Permalink |  | Top
 
Greyhound Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 11:44 AM
Response to Reply #4
33. K&R. Upton Sinclair put it this way;
"It is difficult to get a man to understand something, when his salary depends upon his not understanding it!"

The '08 primary (the real Presidential election) was the clearest indication of how things in America really works.

Printer Friendly | Permalink |  | Top
 
Grinchie Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-09-10 01:00 AM
Response to Reply #4
107. I just had to comment on the "Trickle Down" theory..
Edited on Fri Jul-09-10 01:02 AM by Grinchie
I see it repeated here ad nauseum, but does anyone know where the Trickle Down theory originated>?

View this link and see where it came from...

http://en.wikipedia.org/wiki/MONIAC

See it in action in this great documentary by Adam Curtis.

http://video.google.com/videoplay?docid=-3272903211813223143# (it is shown 5:00 minutes in..)

So there is the trickle down theory for all of you. Of course, it's all based on Physics, the mass of water, and flow rates.. It's a fricking machine, that doesn't account for Fear, the inherent survival instinct, of maybe a fraudluent hole drilled into the side of the machine to drain water (Money) from the system, or the effect of the machine springing a leak, or a hole becoming plugged up by greed. Personally, it looks like a pretty loose system to me.

Of course, if you ignore the flow capacity of the machine, you could dump more waters into it and it would overflow and eventually make it to the parts below, which is exactly what the debt economy and two wars are doing.





Printer Friendly | Permalink |  | Top
 
SpiralHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:12 AM
Response to Original message
5. "Smirk." - RepubliCorporate Fat Cats (R)
Edited on Thu Jul-08-10 09:13 AM by SpiralHawk
"We advise you little people to keep listening faithfully to Rush DraftDodger Limbaugh and our overpaid Chickenhawk propaganda pimps on Fox (smirk) news. They will keep telling you what to think about this (smirk). It is all the fault, of course, of the lib-ruls (smirk)."

- RepubliCorporate Fat Cats (R)
Printer Friendly | Permalink |  | Top
 
asjr Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:17 AM
Response to Original message
6. I could easily get behind a latter-day Robin Hood.
Printer Friendly | Permalink |  | Top
 
pattmarty Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:59 AM
Response to Reply #6
18. Not knocking on you, but that type of thinking bought us Obama.........
......Hell, I admit I was fooled or better yet let myself get fooled. I believe that now it is past the point of no return and we will have to go through what most of Europe did before, during and after WWII. After the war most of Europe saw what needed to be done and started with social democratic reforms that represented the majority of their citizens. The US didn't and hence the situation we find ourselves in today. There is now so much wrong with this country it is hard to know where to start. We don't need a Robin Hood, we need a fucking miracle.
Printer Friendly | Permalink |  | Top
 
asjr Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 10:24 AM
Response to Reply #18
23. I was actually being facetious, but it amazes me
how many DUers have turned against Obama. He is not God and doesn't pretend to be. It took FDR years and years to get us out of the Republican mess in 1932. That is the year I was born and have seen so much during my lifetime that I take things with a grain of salt. The many problems he is dealing with are not of his making. Sure, I wish it could be dealt with overnight but I don't hold my breath. But I can state that I think society has become less polite, less honest and certainly less caring about those who are in trouble. Rudeness has become the rule of the day. You do not have to like Obama, just consider he is our President and you can definitely disagre with him. I find no fault with you because you do. You have a right to be angry. I get angry. I believe Obamaa wants the very best for his country. If he makes mistakes that is natural, but I also believe he will try his best to get us out of purgatory.
Printer Friendly | Permalink |  | Top
 
Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 12:44 PM
Response to Reply #18
38. Yes, Europe went social-democratic--
AFTER much of it tried fascism and Nazism first.

I'm quite afraid that we're doomed to live out Sinclair Lewis' It Can't Happen Here before we get to a progressive democracy.
Printer Friendly | Permalink |  | Top
 
pattmarty Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 12:46 PM
Response to Reply #38
40. See my post #29 also.
Printer Friendly | Permalink |  | Top
 
moodforaday Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 01:47 PM
Response to Reply #38
44. Fascism had little (if anything) to do with that, apparently
(Down here in Europe ;-) I've recently attended a number of lectures on exactly how fast we're going to hell in a handbasket, by various young PhDs in economy, sociology and philosophy. There was a clear consensus among the lecturers that the policies of social "safety net" and welfare state were adopted basically to preempt any further spreading of communism. The reasoning was, either you give workers some dignity, security and economic comfort, OR they will eventually revolt. Hence the inclusion of certain socialist principles into technically still capitalist economies. Hence the growth of the middle class.

This has radically changed though. First, there is no communism to keep at bay anymore, and no other system has emerged to beguile the people. Second, from the POV of the corporations, most hired workforce can go f*ck itself, since there's plenty of cheap labor in Asia, and when that dries up, there's Africa. I.e., there's no economic reason to maintain the pretenses any longer.

Everyone I've heard on the subject sees the welfare state and the strong middle class as an historical "aberration" (of the good kind, but still an aberration). From here it's all down the hill.

Hence (and this is my own opinion), the relentlessly growing restrictions on liberties, privacy, free speech, freedom of assembly - it's happening all across Europe. The money being spent on surveillance technologies and crowd control weapons - someone, somewhere thinks they'll be needed.


Printer Friendly | Permalink |  | Top
 
pattmarty Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 02:35 PM
Response to Reply #44
50. You're scaring the shit out of me.
Printer Friendly | Permalink |  | Top
 
MedicalAdmin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:12 PM
Response to Reply #50
65. Good.
One of the instinctual reactions to fear in mammals is an opening of the eyes. Someone is spending a shit load on crowd control weapon development. If we follow the money we will get to who and who will lead us to why.

But I think we can all guess which class and what kind of person is funding crowd control weapons.
Printer Friendly | Permalink |  | Top
 
pscot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:48 PM
Response to Reply #65
77. Wear sunglasses
and don't run. And remember the importance of Not Being Seen.
Printer Friendly | Permalink |  | Top
 
Butch350 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:28 PM
Response to Reply #44
71. Your post certainly seems to hit the proverbial nail...
Printer Friendly | Permalink |  | Top
 
Mimosa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 06:02 PM
Response to Reply #44
83. I've wondered about all that surveillance. n/t
Printer Friendly | Permalink |  | Top
 
pscot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 11:10 AM
Response to Reply #6
26. A latter day Mussolini
seems more likely.
Printer Friendly | Permalink |  | Top
 
pattmarty Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 11:19 AM
Response to Reply #26
29. I don't think we need "Mussolini" anymore, we have ARRIVED.........
........I think the ONE thing most people can agree on when describing fascism, is that it is corporate "control" of government. I think we can "check" that one as having been accomplished.
Printer Friendly | Permalink |  | Top
 
pscot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:39 PM
Response to Reply #29
75. Agreed
Huckabee in riding boots and gold braid would be the cherry on the sundae.
Printer Friendly | Permalink |  | Top
 
pattmarty Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 06:01 PM
Response to Reply #75
82. No man, think Cheney in the same getup. Priceless!!!!!!!!!
Printer Friendly | Permalink |  | Top
 
Guy Whitey Corngood Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:18 AM
Response to Original message
7. Oh but if we say that. We're ''demonizing'' people. I wish our so called leader swould grow some
Edited on Thu Jul-08-10 09:18 AM by Guy Whitey Corngood
balls/ovaries.
Printer Friendly | Permalink |  | Top
 
TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:19 AM
Response to Original message
9. K&R but apparently we're supposed to be celebrating digging the hole deeper in solidarity
Being sensible is not "pragmatic" at this time Robert, we're hoping you'll support the team as we take the voyage to the bottom of the sea.
Printer Friendly | Permalink |  | Top
 
BridgeTheGap Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:23 AM
Response to Original message
10. Those who control the economy, are the REAL "leaders." As long as they control who is in the White
Edited on Thu Jul-08-10 09:23 AM by BridgeTheGap
House, Congress and the courts, they run the game.
I believe Obama knows this. Until there is overwhelming popular support for serious reform AND fair elections (NO EVM!), we're just going to get more of the same.
Printer Friendly | Permalink |  | Top
 
Laelth Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:26 AM
Response to Original message
11. k&r for the truth, even if Reich's beliefs about the likely outcome are pollyannaish. n/t
-Laelth
Printer Friendly | Permalink |  | Top
 
Hydra Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 12:27 PM
Response to Reply #11
35. Pollyannaish indeed
Everyone thinks that things naturally flow back to places they've been before.

The New Deal didn't come out of positive feelings, it came out of blood and suffering...and I'm wondering now if it was the right idea anyway? All it did was reset capitalism in order to have it do exactly the same thing later.
Printer Friendly | Permalink |  | Top
 
ooglymoogly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:10 PM
Response to Reply #35
64. The fault lies in not executing the folks who
were planning the overthrow of FDR and the government as was demanded by law...It is they who came back to haunt us and who have been haunting us ever since. If the lot of them had been executed, much of the evil in our country and in our government would not exist, including the Bushes and friends and the Banking cartels, JP Morgan et al.
Printer Friendly | Permalink |  | Top
 
MedicalAdmin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:15 PM
Response to Reply #35
66. The new deal did NOT reset capitalism.
It tried to regulate it. And it didn't flow from nothing, it flowed from very real suffering (as you say). It was the systematic desruction of regulation that is to blame, not the new deal policies which were and are sound governance.
Printer Friendly | Permalink |  | Top
 
ooglymoogly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:34 PM
Response to Reply #66
74. +1 my sentiments to the letter. nt
Printer Friendly | Permalink |  | Top
 
Hydra Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:50 PM
Response to Reply #66
78. No, this is the fault everyone overlooks
Edited on Thu Jul-08-10 05:53 PM by Hydra
This is natural capitalism in action. The New Deal as you say, was not at fault, except in its essence. FDR even admitted he was saving capitalism and that the people who were screaming for his head were ultimately the biggest benefactors of what he was doing.

I'm wondering now if that wasn't a huge mistake, and how many times we need to "save" capitalism before we bury it in the dustbin of history as a relic born of feudalism.
Printer Friendly | Permalink |  | Top
 
ooglymoogly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:31 PM
Response to Reply #11
73. Pollyannaish is the wrong word
I do not think Reich was touting the best of a bad situation, nor painting a rosy picture...nor was he speaking of silver linings. He was speaking the truth about the dire situation in which we find ourselves; The direct opposite of Pollyannaish
Printer Friendly | Permalink |  | Top
 
ladjf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:27 AM
Response to Original message
12. Dr. Reich should be President of the U.S. nt
Printer Friendly | Permalink |  | Top
 
JHB Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:28 AM
Response to Original message
13. related thread on this general topic (not Reich specifically)
Printer Friendly | Permalink |  | Top
 
wiggs Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:32 AM
Response to Original message
14. most important post I've seen in a while. nt
Printer Friendly | Permalink |  | Top
 
RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:50 AM
Response to Reply #14
16. ...and one of the most obvious. nt
Printer Friendly | Permalink |  | Top
 
dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:36 AM
Response to Original message
15. Maybe the truth is that we are oversupplied with cheap labor and that brings wages down
I still think if there were no illegal immigrants and all jobs were regulated by labor department standards our wages would go up. Aren't wages a function of demand and supply of labor?
Printer Friendly | Permalink |  | Top
 
Sherman A1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 10:16 AM
Response to Reply #15
21. I rather think the truth is
that we are oversupplied with self serving CEO's that have for far too long screwed over labor, through a variety of means, in order to keep wages down while making absolutely certain that their salaries go up and up and up and up.
Printer Friendly | Permalink |  | Top
 
OHdem10 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:58 AM
Response to Original message
17. Look to Mexico to see the final result of Rich getting Rich and
Poor getting poorer and the middle class drops into poverty.
Printer Friendly | Permalink |  | Top
 
howaboutme Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 10:58 AM
Response to Reply #17
25. I agree and that is why unions are important
And poverty equals apathy towards politics because the poor feel powerless. The elite and politicians love it when that happens. It is a natural progression of things unless we the people expend huge amount of energy to oppose it. We must also maintain our right to bear arms.

The historic American way from our founding has been to fight internal oppression by the elitists. The real importance of having unions (as much as they can be corrupt and self serving) is that they have political power to fight off the pillaging by corporate CEOs and banksters. When unions had power there weren't billionaire CEOs and the bankers didn't control the Democratic Party.
Printer Friendly | Permalink |  | Top
 
MedicalAdmin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:17 PM
Response to Reply #25
67. I fear that unions are no longer big enough to make a difference.
When a store or company or factory is unionized then the company just closes it and moves operations.

Either unions have to become global (again) or we need to recognize in the US that we control access to the market that companies want and MAKE them play by the rules. And it might be too late for that too.
Printer Friendly | Permalink |  | Top
 
howaboutme Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:59 PM
Response to Reply #67
81. Billionaires want more for them and less for us
Edited on Thu Jul-08-10 06:08 PM by howaboutme
The USA was the most lucrative market in the world for generations and we allowed our corrupt politicians to give it away so the banksters and CEOs could globalize and personally benefit, while most Americans lost.

The only possible leverage we have left is the retail sector. They can't outsource that. If public unions were given more ability to organize their employees it might help incrementally and politically.

But what can be done when you have those with boundless and limitless greed such as the billionaire founder of HD, Bernie Marcus and Richard Berman throw their big money around to prevent unions and average Americans from ever gaining any traction from Obama and Democrats. Yet they do ensure continuation of the creed that every American must continue to fund Israel with American blood and treasure. http://crooksandliars.com/john-amato/bail-out-money-being-used-corporations-

http://www.youtube.com/watch?v=acLW1vFO-2Q
Printer Friendly | Permalink |  | Top
 
Mimosa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 04:37 PM
Response to Reply #17
61. And that's why I'm against illegal immigration
Mexico and other oligarchies are exporting their people instead of changing to make a more just society.
Printer Friendly | Permalink |  | Top
 
izquierdista Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 10:11 AM
Response to Original message
19. I disagree on only one point
I don't think the U.S. is a sensible nation, and that lack of sensibility will be its undoing.
Printer Friendly | Permalink |  | Top
 
pscot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 11:24 AM
Response to Reply #19
30. TV has been doing its damnedest to drive out
whatever sense Americans may have had.
Printer Friendly | Permalink |  | Top
 
Sherman A1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 10:13 AM
Response to Original message
20. hit the nail on the head
:toast:
Printer Friendly | Permalink |  | Top
 
SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 10:21 AM
Response to Original message
22. It's really that simple at the core of it.
One pie..8 people.If one person eats 7 slices, the other 7 have to share one piece or maybe beat the crap out of the glutton & demand that he buy a new pie:)
Printer Friendly | Permalink |  | Top
 
Uncle Joe Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 11:14 AM
Response to Original message
27. Kicked and recommended.
Thanks for the thread, kpete.
Printer Friendly | Permalink |  | Top
 
MsPithy Donating Member (325 posts) Send PM | Profile | Ignore Thu Jul-08-10 11:16 AM
Response to Original message
28. I think you all should know,
there are college educated "twentysomethings" out there with service industry jobs who are discussing going to jail to get their teeth fixed! Democratic president, Democratic congress and our kids think about going to jail for the "dental plan!"
Printer Friendly | Permalink |  | Top
 
pattmarty Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 11:24 AM
Response to Reply #28
31. Hey, my son (32 HS drop out) has been out of work for 2+ yrs and............
..........said to me the other day that he didn't give a shit about getting busted for driving w/o insurance (dropped it last month) or anything that may be illegal because he would at least have "three hots and a cot" AND better medical care that being out in the street. Oh, he's one that's been cut off on unemployment too. I went through the 80's recession and it wasn't pretty for a then 38 yo married man so I know of where he speaks. We are truly fucked.
Printer Friendly | Permalink |  | Top
 
MedicalAdmin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:18 PM
Response to Reply #28
68. They'll fix your teeth. How long do you have to stay in to qualify?
I'm not a kid and getting my teeth or eyeglasses fixed seems pretty good to me.
Printer Friendly | Permalink |  | Top
 
slay Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 11:31 AM
Response to Original message
32. The huge gap between the rich and poor is sickening.
This problem needs to be seriously addressed. K&R.
Printer Friendly | Permalink |  | Top
 
BootinUp Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 12:00 PM
Response to Original message
34. right on point. nt
Printer Friendly | Permalink |  | Top
 
joeybee12 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 12:29 PM
Response to Original message
36. Future demagogue? Hell, She's already here...governor of Arizona...
....facist b**ch.
Printer Friendly | Permalink |  | Top
 
bergie321 Donating Member (797 posts) Send PM | Profile | Ignore Thu Jul-08-10 12:39 PM
Response to Reply #36
37. You give her
WAY too much credit. She doesn't have the brains to do anything without people holding her hand the whole way. She is an uneducated puppet. The worst thing Obama has done was take away Governor Napolitano.
Printer Friendly | Permalink |  | Top
 
DirkGently Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 12:44 PM
Response to Original message
39. Reich and Elizabeth Warren could help us out of this mess ...
If anyone but us was actually listening to them.
Printer Friendly | Permalink |  | Top
 
Kweli4Real Donating Member (792 posts) Send PM | Profile | Ignore Thu Jul-08-10 12:59 PM
Response to Original message
41. Why can't people read, comprehend and apply history?
"If nothing more is done, America's three-decade-long lurch toward widening inequality is an open invitation to a future demagogue who misconnects the dots, blaming immigrants, the poor, government, foreign nations, "socialists" or "intellectual elites" for the growing frustrations of the middle class."

Oh ... you mean like in Arizona with SB1070?
Printer Friendly | Permalink |  | Top
 
bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 01:24 PM
Response to Original message
42. There you go again!
The RICH are just "very savvy businessmen."

You shouldn't "begrudge people success or wealth."

(They worked very hard buying politicians and rigging the game in their favor.)

After all, money flowing to The TOP is simply "part of the free market system."



All HAIL the Giant Invisible Hand!
The Giant Invisible Hand will Save us ALL!
We MUST sacrifice America's Working Class to please the Giant Invisible Hand!
All Hail the Giant Invisible Hand!

.
.
.
And people say the Democrats are Anti-Religion!
"Free Markets" IS a fundamentalist RELIGION that DEMANDS fealty to an invisible god.



There is NO such thing as a "Free Market".
There is NO such thing as "Free Trade".
There is NO Giant Invisible Hand.
The RICH Corporate Owners MADE THAT SHIT UP and used smooth talking politicians to SELL it to a gullible America.

If you Work for a Livivng, do NOT trust ANY politician who professes a belief in the "Free Market".
He/She is NOT your friend.





This "Free Market" scam is the best one yet!
Hahahahahahahahahahahaha!

Printer Friendly | Permalink |  | Top
 
laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 02:18 PM
Response to Reply #42
46. Excellent, accurate ananlysis as usual. Bvar22 for President! nt
Printer Friendly | Permalink |  | Top
 
highplainsdem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 01:31 PM
Response to Original message
43. K&R
Printer Friendly | Permalink |  | Top
 
Blackhatjack Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 02:08 PM
Response to Original message
45. Fact: You have no leverage over and cannot control citizens who have already lost everything
The concept of citizens acceding to governmental authority for the common good rests upon their self-interest in doing so.

It tell you many of the 1-3 million unemployed who are not receiving any government assistance in the form of unemployment checks must feel they soon or already have lost everything of value. And their numbers are increasing by the day.

Printer Friendly | Permalink |  | Top
 
laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 02:21 PM
Response to Reply #45
47. Yes, people who have nothing left to lose are a threat. The rulers seem slow to realize that. nt
Printer Friendly | Permalink |  | Top
 
MedicalAdmin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:22 PM
Response to Reply #47
69. They realize it. But they have changed the game and no longer fear us.
They have expanded the playing field and all the rich have other countries, estates, islands, etc to flee to if things get bad. In the meantime they are profiting by having govenrnments invest in the devolopment and purchase of crowd control weapons.

They are preparing for the coups and will leave the middle class to deal with the newly poor. If a few proles die, they don't give a fuck.
Printer Friendly | Permalink |  | Top
 
inna Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-09-10 09:28 AM
Response to Reply #69
114. +

I'm afraid you're right.
Printer Friendly | Permalink |  | Top
 
Initech Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 02:29 PM
Response to Original message
48. Absolutely true. The rich get it all.
Printer Friendly | Permalink |  | Top
 
valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 02:33 PM
Response to Original message
49. But our whole existence is to feed the rich. We don't matter. nt
Printer Friendly | Permalink |  | Top
 
ihavenobias Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 03:00 PM
Response to Original message
51. Big K & R n/t
Printer Friendly | Permalink |  | Top
 
njalbertini Donating Member (8 posts) Send PM | Profile | Ignore Thu Jul-08-10 03:09 PM
Response to Original message
52. How to stop them:
Please check out www.electexperts.webs.com We need to find people to represent us who are not a part of the current powerstructure and who know what they are doing. We need people who are experts in scientific studies which are relevant to governing the country.
Printer Friendly | Permalink |  | Top
 
FiveGoodMen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 06:45 PM
Response to Reply #52
88. What is "Obama's Latest Big Labor Scheme" that is so prominently displayed at your link?
Printer Friendly | Permalink |  | Top
 
EmeraldCityGrl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 03:18 PM
Response to Original message
53. Anyone watching Rachel Maddow's reporting out of Afghanistan
Edited on Thu Jul-08-10 03:19 PM by EmeraldCityGrl
this week? I found her report from a wealthy Kabul neighborhood especially interesting.
With 5.5 billion war dollars flowing in a week corrupt local officials are building multi-million
dollar homes with our tax dollars. It was enough to make you retch. The streets are in rubbles
but row after row of palaces with twenty-five plus bedrooms.

Then you have the Wall Street execs in NY that are now buying up multi-million dollar apartments
because for them, the recovery is here.

I don't suggest to have the answers, but we have got to do something radical SOON.
Printer Friendly | Permalink |  | Top
 
nradisic Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 03:38 PM
Response to Original message
54. Totally on the money...
I have been arguing this point incessantly....you have to look where the money is...
Printer Friendly | Permalink |  | Top
 
sam sarrha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 04:00 PM
Response to Original message
55. the following link will PISS YOU OFF next time you hear the GOP complain about Socialism.
the reason there is a recession is because there is no money to spend after the Elite Oligarchy skims all the cream off and licks the bowl.. mom said during the Great Depression that there was work, but no one had a dime to pay wages.. the GOP under Bu$h43 repealed all the laws set up after the Depression to prevent it from happening again...


http://sociology.ucsc.edu/whorulesamerica/power/wealth....

Financial Wealth
Top..1%........Next 19%.......Bottom 80 percent
---------------------------------------------------------
1983 42.9%......... 48.4% ...........8.7%
1989 46.9% .........46.5% ...........6.6%
1992 45.6% .........46.7% ...........7.7%
1995 47.2% .........45.9% ...........7.0%
1998 47.3% .........43.6% ...........9.1%
2001 39.7% .........51.5% ...........8.7%
2004 42.2% .........50.3% ...........7.5%
2007 42.7% .........50.3% ...........7.0%

WE ARE BE'n SCREWN.....
Printer Friendly | Permalink |  | Top
 
Mimosa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 06:03 PM
Response to Reply #55
84. Link didn't work for me. n/t
Printer Friendly | Permalink |  | Top
 
sam sarrha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:42 PM
Response to Reply #84
95. here it is...
Printer Friendly | Permalink |  | Top
 
B Calm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 04:28 PM
Response to Original message
58. Thom Hartmann has been saying this for years. . .
Printer Friendly | Permalink |  | Top
 
Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 04:32 PM
Response to Original message
59. Bing-fucking-o!
And the ultra-rich are NOT redistrubuiting that money, they are HOARDING that money and the poor suffer as the economy crashes for THEM. The ultra-rich OTOH are doing better then before the crash!
Printer Friendly | Permalink |  | Top
 
MedicalAdmin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:25 PM
Response to Reply #59
70. Of course the rich are better off now.
They have created a fire sale and are now buying up everything we worked for with their horded and stolen money. For every foreclosure and dropped value in property you will find a rich asshole purchasing it at pennies on the dollar.
Printer Friendly | Permalink |  | Top
 
Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:40 PM
Response to Reply #70
76. I know! And they have the guts to act like THEY are the victims!
Just thinking about it makes me ill. Poor victims, had a rough day and had to go buy a MANSION to make things more cheerful. Nasty little people demanding Congress 'do something' about it! :sarcasm:

What is a billionaire to do? Buy stuff cheap, sell high.
Printer Friendly | Permalink |  | Top
 
Mimosa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 04:35 PM
Response to Original message
60. K&R enthusiastically: Gospel truth by R.R.! n/t
Printer Friendly | Permalink |  | Top
 
avaistheone1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 04:44 PM
Response to Original message
62. There is nothing democratic or American about the oligarchy that the Reagan and Bush
tax cuts created in this country. It has created a super wealthy class here, and the rest of us are barely eeking out a living.
The Reagan tax cuts for the wealthy need to be taken away. Where the hell is Obama?

An oligarchy (from Greek ὀλιγαρχία, oligarkha<1>) is a form of government in which power effectively rests with a small segment of society distinguished by royalty, wealth, family ties, military control, or religious hegemony.
Printer Friendly | Permalink |  | Top
 
defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 04:54 PM
Response to Original message
63. AND because they're also stealing a huge amount of wealth from
government and the public besides!!

Someone in the Hartmann spot today was saying at the lowest we used to get 40% of all

taxes from corporations -- today that's down to 5% --

But still, tax cuts are legitimate if immoral --

and they're still not satisfied and still stealing as much as they can!!

Printer Friendly | Permalink |  | Top
 
libodem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:29 PM
Response to Original message
72. And yet we must be told
It takes an article to literally put this in black and white to shake people up out of the collective denial. Why are we, myself included, so asleep at the wheel? We KNOW it's true.
Printer Friendly | Permalink |  | Top
 
pscot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 05:58 PM
Response to Original message
80. This is an amazing thread
Unamimous agreement on anything is pretty unusual for DU.
Printer Friendly | Permalink |  | Top
 
howaboutme Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 06:27 PM
Response to Original message
85. But what about our 2nd Amendment rights?
When these rich greedy cckskrs move towards deleting the Second Amendment to the Bill of Rights (and they will) and your right to keep and bear arms, be assured it will not be intended to protect the masses from themselves.

It will happen when they have finally taken it all and they know society has nothing else to steal or lose, and when one person one vote has become a fantasy concept as the voting machines are fully configurable and controllable black boxes.

I could never understand the movement by some liberals for gun control. But as we all know money in the media can buy and form any belief, propaganda and make any opinion.
Printer Friendly | Permalink |  | Top
 
FiveGoodMen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 06:33 PM
Response to Original message
86. Amen. Amen. A-FUCKING-MEN.
They've taken it all and told us to eat dirt and WE'RE LETTING THEM GET AWAY WITH IT!
Printer Friendly | Permalink |  | Top
 
SalviaBlue Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 06:42 PM
Response to Original message
87. k and r
Printer Friendly | Permalink |  | Top
 
Duppers Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 06:50 PM
Response to Original message
89. Crises of Capitalism Talk Animated
Here's an entertaining and good use of 11 mins. of any one's time:

http://davidharvey.org/

Printer Friendly | Permalink |  | Top
 
hay rick Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 07:24 PM
Response to Reply #89
90. Thanks for the link.
Excellent presentation.
Printer Friendly | Permalink |  | Top
 
hay rick Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 07:36 PM
Response to Original message
91. But where is LeBron going to play?
The Tea Party lovefest is the corporate media's attempt to distract attention from the tsunami of inequality. They want to promote the idea that the problem isn't stagnant and falling incomes- it's costly government programs and high taxes...

Printer Friendly | Permalink |  | Top
 
Mimosa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:51 PM
Response to Reply #91
96. Hay Rick, so true..
How do we counter it?

I know namecalling attacks don't work. Conveying info is how..but ???
Printer Friendly | Permalink |  | Top
 
grahamhgreen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 07:54 PM
Response to Original message
92. True that. I'm still pissed at him for being in favor of outsourcing.
Printer Friendly | Permalink |  | Top
 
Capitalocracy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 07:57 PM
Response to Original message
94. I'm glad to see I'm no longer the only one saying this
when I moved to Argentina in Jan. 2005, with the situation here after years of military dictatorships, the 2001 financial collapse, and social inequality and marginalization with villas (shantytowns) walled off in a sort of economic apartheid and people digging through the trash for recyclables (not like homeless people trying to buy booze, but like a business, carrying what may be dozens of pounds of trash per day on foot) along with massive unemployment and nearly universal undercompensation for the employed, I soon realized that this is what the future will look like in the U.S.

I don't think it's so obvious that reform will be what comes of this. First off, we can get a lot lower and sustain a broken system for decades more. And after that, rather than reform, it may be full-blown, naked fascism/feudalism.

We'll see. Let's make the truth known and choose reform.
Printer Friendly | Permalink |  | Top
 
Mimosa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 09:53 PM
Response to Reply #94
97. Please stay on D.U. and share ideas, Capitalcracy
I'm curious what you think would help.
Printer Friendly | Permalink |  | Top
 
bertman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 10:27 PM
Response to Original message
99. SPOT ON!!! Rec. nt
Printer Friendly | Permalink |  | Top
 
inna Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 11:07 PM
Response to Original message
101. K&R
Edited on Thu Jul-08-10 11:17 PM by inna







More here: http://www.alternet.org/story/145705/the_richest_1%25_have_captured_america's_wealth_--_what's_it_going_to_take_to_get_it_back/?page=entire

The Richest 1% Have Captured America's Wealth -- What's It Going to Take to Get It Back?
The U.S. already had the highest inequality of wealth in the industrialized world prior to the financial crisis -- and it's gotten even worse.
Printer Friendly | Permalink |  | Top
 
flyarm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-10 11:46 PM
Response to Original message
102. Rec and sooo true!! Thanks for posting! eom
Printer Friendly | Permalink |  | Top
 
earcandle Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-09-10 12:25 AM
Response to Original message
103. The collective will choose reform, but how to we get the wealthy to agree? Or do we wipe out their
powerful hold on us by finding ways to survive without them so
they must obey the will of the people? 

We do that by monkey wrenching in a way that doesn't get you
completely fired, until you can do your own biz.

Step 1: put all of your money in a credit union.
Step 2. collectively call in sick the same days methodically
and periodically to put a dent in the biz cycle. Third week of
month? 
Step 3. Do same with vacation time... silently....
methodically... Fourth week of month? 
Step 4. Be incompetent apologetically but collectively... 
Step 5. Reroute orders by changing a number (dyslexia
brewing... ) in error....orders going awry....
Step 6. Train welfare recipients/unemployed to work for you;
start your own businesses, taking your expertise and biz
clients with you.
Step 7. Fund new businesses if you have have wealth and a
heart. 
Step 8. Technological infrastructure won't work for some
reason, can't figure out the glitch.  No one can.
Step 9. Seeds just seem to not grow well (don't get planted)
in GMO's. Need moles in Monsanto... 

Be creative and covert and subversive in ways that will not
hurt you and cannot pin you down...

Isn't this what they are doing to us?  Have been for quite a
while?

Try to have patience for those down and out.  You can find
yourself there too one day.  We need to work together.  The
poor can do stuff too!  They have the day free!  Give them
working orders... cameras?  Send them out to buy lunches,
coffee... Let them clean your house, grocery shop (your
list).. wash cars, sweep porches, mow lawns.... put them to
work somehow.  Every little bit keeps the poor from becoming
violent.  Every kindness goes a long way.
 

We got to make an impact somehow on the income of the rich.  
We got to make them feel the betrayal without being able to
blame anyone or any one thing.  

What goes around comes around.  
The ability to deal with ambiguity is a sign of mental health.
  

If you work for a small business that is good to you,
DON"T include them in this scenario.
Keep the faith.  There are some businesses that have their
hearts in the right place.  Model them. 
Printer Friendly | Permalink |  | Top
 
leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-09-10 12:51 AM
Response to Original message
106. K&R
Printer Friendly | Permalink |  | Top
 
Douglas Carpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-09-10 01:06 AM
Response to Original message
108. kick and recommend
Printer Friendly | Permalink |  | Top
 
Divine Discontent Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-09-10 02:46 AM
Response to Original message
109. Deeply troubling is the vast numbers of people that are well aware of what is going on........
Edited on Fri Jul-09-10 02:54 AM by Divine Discontent
with Obama as president, and our Democratic Congress in control. Not only is the WH doing their bank-loving part to water down policy, but Conservadems are causing delays in Congress.

We are at a breaking point as a country - I know wayyyyyy too many people suffering, out of work, lost their home, losing their home, - who view each day as a struggle. I don't know WHAT is gonna happen in November, but it could go either way, or split solely based on the candidates in each race, instead of a full on victory by the progressive or GOPigs. I fear for our country's calmness if the GOPigs get control of anything and prevent what good things this president has accomplished from coming to full fruition.


Come on Progressives - we gotta win this November!!!
Printer Friendly | Permalink |  | Top
 
ovidsen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-09-10 03:12 AM
Response to Original message
110. Excellent.
I'm passing this on to acquaintances, intimate and otherwise. Many of them will love it. Some won't. The truth hurts.
Printer Friendly | Permalink |  | Top
 
Stellar Donating Member (251 posts) Send PM | Profile | Ignore Fri Jul-09-10 04:29 AM
Response to Original message
111. Warren Buffet once said "Theres class warfare
"Theres class warfare but its my class, the rich class, thats making war, and were winning."

Printer Friendly | Permalink |  | Top
 
inna Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-09-10 11:47 AM
Response to Original message
116. Meanwhile... Millionaires got 15% RICHER in 2009:
Edited on Fri Jul-09-10 12:02 PM by inna
Millionaires in the U.S. and Canada saw their wealth increase 15 percent in 2009, to a total of 4.6 trillion dollars, the report found.

Wealthy Reap Rewards While Those Who Work Lose
http://ipsnews.net/news.asp?idnews=52103

BOSTON, Jul 9, 2010 (IPS) - Times are tough for workers in the U.S. where a recession has a stranglehold on much of the economy, but life is perfectly rosy for those at the top.
Worldwide, 11 million - or less than 1 percent of all households - were millionaires in 2009. They owned about 38 percent of the world's wealth or 111 trillion dollars, up from about 36 percent in 2008, according to Boston Consulting Group.

About 4.7 million millionaires live in the U.S., four percent of the population and more than anywhere else in the world. Japan, China, Britain and Germany followed the U.S. in the number of millionaires.

Their fortune is a stark contrast to the lives of more than 15 million people in the U.S. who are unemployed and searching for work, and the eight million more who are just getting by with a part-time job, according to the U.S. Bureau of Labor Statistics. More than two million more people were working prior to the recession but have now dropped out of the labour force.

Apart from the newly unemployed, about 39 million people in the U.S. are chronically poor and do not have enough food to eat, according to the U.S. Census and U.S. Department of Agriculture.



ETA: and Exxon Mobil, General Electric and many other corps paid ZERO in taxes in 2009 (despite making billions in profit).
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Oct 29th 2020, 05:58 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC