Tag Archives: Economics

GOP Extremists


Are these people for real?

  • Rick Perry says Social Security is a “Ponzi scheme” and “monstrous lie.”
  • Michele Bachmann joked that God sent Hurricane Irene to warn against federal spending. Aren’t jokes supposed to be funny?
  • Eric Cantor says disaster relief must be offset with other spending cuts.

 I believe in Social Security, workers’ rights, and helping the middle class. Republicans pander to the far right daily with ludicrous statements and attacks on President Obama. These statements motivate Tea Party voters like nothing else. It’s not enough to criticize them – we need to fight back!

They’ll have outside help – Karl Rove and the Koch Brothers will make sure of that.  If we don’t all stand together now, they will gain an edge – and we saw in 2010 what happens when they do.

They’ve got their Big Oil benefactors. We’ve got half a million grassroots donors. Keep fighting on the ground, on the air and online.
Perry, Bachmann and Cantor don’t speak for me!

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From The Sixties To The Future….


In OUR future thinking & practices: No racism ALLOWED! No idiotic male chauvinism nor bigoted discrimination ALLOWED! No ideological nor religious motivated terroristic stupidity ALLOWED!No xenophobic isolationism, dumb criminality, abusive exploitation or violence against women and children, nor avaricious global exploitation of humanity ………ALLOWED!

“All Power To All The People!” Righteous down home people’s power is what I advocated in the sixties, and what I say today. That is, “…toward a future world of cooperation-al humanism!” Beyond the myopic notions and strict doctrinaire ideologies of past “politburo” state control command economy socialism. More important let’s get beyond the present extremist practices of avaricious racist corporate monopoly globalizing capitalism having evolved a system which concentrates 90% of all the political-economic power in to the hands of the one percent cooperate money-rich around this, OUR earth.

Democracy? HOW ABOUT Greater constitutional “direct” democracy? i.e. greater people’s’ decision making participatory Community Control democracy? This form has a greater three-dimensional democratic character. A true people’s’ democratic synthesis are ideas to begin to get creative with. “All power to all the people,” was my BPP sixties creative protest demand. ~ BOBBY SEALE

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Into The Abyss (via Still Skeptical After All These Years)


Into The Abyss A balanced but alarming Time Magazine  editorial led off saying today, As the U.S. hurtles toward a potential debt-limit default that would shake the fragile economy, the chasm between the two parties widened on Tuesday, as Republican opposition to tax increases calcified and Democrats bristled at the inclusion of cuts to entitlement-program be … Read More

via Still Skeptical After All These Years

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What’s That Smell? (via Still Skeptical After All These Years)


What's That Smell? Am I the only one who finds our system of justice sometimes strange and inconsistent?  My attention was caught by a short item in Wednesday's USA Today (6/22/2011, p. B1).  It reported that, The CEO of what had been one of the nation's largest privately held mortgage lenders was sentenced to more than three years in prison for his role in … Read More

via Still Skeptical After All These Years

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The Elusive Palace of Wisdom (via Still Skeptical After All These Years)


The Elusive Palace of Wisdom Perhaps this would be a good time to summarize the many roots of America's financial malaise.  While most pundits bemoan its symptoms, they tend to shun its root causes.  Symptoms include the high costs of gasoline, air fares, baggage fees, electricity, college tuition, medical care, cars and food.  Other symptoms include massive national debt, growin … Read More

via Still Skeptical After All These Years

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A MORALLY UNTENABLE CORPORATE SYSTEM


by JIM HIGHTOWER 

This will seem like a fairytale now, but not so long ago, it was actually possible for CEO pay to constitute “an embarrassment of riches.”

How quaint. Today, the riches are massive, but the embarrassment gene seems to have been completely bred out of corporate chieftains. They have no shame at producing negative results and offing thousands of underlings, then wheeling in a front-end loader to haul their own pay to the bank. The head man at Estée Lauder, for example, recently cut 2,000 employees but grabbed a huge salary increase and new stock payments worth more than $24 million.

Are there no adults to supervise these corporate playgrounds and teach such concepts as humility and sharing,? Well, technically, the board of directors is supposed to provide corporate governance, including the setting of CEO pay. But who’s on these boards? Mostly other members of the corporate brotherhood who want to keep executive pay levels rising. And, of course, the chiefs themselves sit on their boards, usually chairing them.

The tale of boardroom coziness between directors and the bosses they supposedly govern was vividly revealed in the Wall Street crash of 2008. Far from providing any reasonable restraints, few board members even questioned the casino games the banks were running, and fewer yet objected to giving reckless bankers billions of dollars in unwarranted bonuses.

Now after the collapse, what has changed? Nothing. One survey of nine of the big banks we taxpayers bailed out shows that two-thirds of their failed board members are still there, and, once again, they’re shoveling inexplicably-huge bonuses at the same old CEOs.

A system that enriches executive elites while crushing the middle class is worse than an embarrassment – it’s morally untenable.

………………… And now something related, but not from Hightower:

See their website here: http://www.patrioticmillionaires.org/

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