As most of the good industrial jobs are being sent overseas trickle-down economics has been shown to be a deplorable economic card trick. The bottom four-fitfhs of our population struggle to stay above water, and the upper one-fifth with trepidation attempt to stay afloat, while the top 1 percent are accumulating wealth at an obnoxious rate.
Today there are more than a thousand billionaires thanks to the globalization of economies. With "client-State" capitalism, deregulation, corporate welfare and over half of our Congress boasting of being millionaires, I think it is time to fire the very wealthy from their government decision making positions of power.
With ten percent unemployment, businesses recorded profits in the last quarter of 2010 at the highest annual rate (in non-inflation-adjusted numbers) since records began being compiled over six decades ago. Salaries are falling, there are fewer and fewer good jobs, yet corporate profits soar. What's wrong with this picture?
Here's a joke: A college professor runs into a student from years back and asks what he is working on. The former student informs the professor that he is working on a thesis about the survival of the class system in the United States. His former professor states, "I didn't know there was such a class system in this country." "Neither does anyone else," the young man responds. "That's why it thrives."
This notion that there are no class divisions might be driven by jaded optimism or a fear and that things could be worse. Maybe no one wishes to be considered "working class". The rich get richer and that is the way it has always been. But that shouldn't necessarily require that the poor get poorer as the ultra wealthy continually lobby for new ways to rig the system. Globalization combined with sickening greed and a "pact" between the business mafia and a corrupt electoral system has lead to a near evaporation of the American Dream, at least for a ever growing section of the people of this country.
The recent extension of Bush tax breaks for the wealthiest Americans was assailed even by billionaire Warren Buffett who heretically suggested that they should pay even more. Any mention of class warfare, social engineering , or redistribution of wealth causes both political parties to experience seizures and strokes attempting to distance themselves from such phases. The rich, and the politicians they support, are sure they have nothing about which to worry, but I think we should look them in the eye and say, "Your fired!"
Comment and let's hear what you think.
Today there are more than a thousand billionaires thanks to the globalization of economies. With "client-State" capitalism, deregulation, corporate welfare and over half of our Congress boasting of being millionaires, I think it is time to fire the very wealthy from their government decision making positions of power.
With ten percent unemployment, businesses recorded profits in the last quarter of 2010 at the highest annual rate (in non-inflation-adjusted numbers) since records began being compiled over six decades ago. Salaries are falling, there are fewer and fewer good jobs, yet corporate profits soar. What's wrong with this picture?
Here's a joke: A college professor runs into a student from years back and asks what he is working on. The former student informs the professor that he is working on a thesis about the survival of the class system in the United States. His former professor states, "I didn't know there was such a class system in this country." "Neither does anyone else," the young man responds. "That's why it thrives."
This notion that there are no class divisions might be driven by jaded optimism or a fear and that things could be worse. Maybe no one wishes to be considered "working class". The rich get richer and that is the way it has always been. But that shouldn't necessarily require that the poor get poorer as the ultra wealthy continually lobby for new ways to rig the system. Globalization combined with sickening greed and a "pact" between the business mafia and a corrupt electoral system has lead to a near evaporation of the American Dream, at least for a ever growing section of the people of this country.
The recent extension of Bush tax breaks for the wealthiest Americans was assailed even by billionaire Warren Buffett who heretically suggested that they should pay even more. Any mention of class warfare, social engineering , or redistribution of wealth causes both political parties to experience seizures and strokes attempting to distance themselves from such phases. The rich, and the politicians they support, are sure they have nothing about which to worry, but I think we should look them in the eye and say, "Your fired!"
Comment and let's hear what you think.
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