04/18/2010
The article below recognizes that Obama is delusional with a messianic self love . . . and not too smart, at that. This should be no surprise to those who know that he is a communist-created and trained Manchurian candidate (as revealed by a bragging communist agent years before he was put into the White House) who obviously sees that he, not even an American citizen but an illegal alien, can play president of the United States. And that anyone who questions his legitimacy is crushed by the equally outlaw federal police state. Why wouldn't he develop a God complex?
On the same subject, both "liberals" and "conservatives" (to use those false divisions for convenience only) love to call Obama "our first African-American president." One side to rub it in the noses of those who dislike blacks in positions of power and the other to imply that blacks can't handle positions of power with competence or honesty.
But Obama/Soetoro is nothing of the kind. First of all, he is not, nor ever has been, an American, even though his mother was. He IS an African, being born in Kenya of which there is NO DOUBT WHATSOEVER for those not victims of cognitive dissonance.
Still, the dual term is used to denote race, not national origin. This, too, is not true. He is a mulatto, half white, half black. Such people have, from the beginning, usually suffered the hatred of both races from which they spring. Only "political correctness" loves such "diversity."
In which case it should be noted that any qualifier of the word "correct" automatically makes it not correct at all but incorrect to fit someone's agenda.
Tony B.
Obama going off the deep end
Floyd and Mary Beth Brown, Commentary
April 9, 2010 - 11:09AM
A recent analysis by Roger Simon of PJTV Media maintains that Obama is showing signs of mental illness. A wide variety of commentators have observed that Obama displays severe narcissism. Obama is conceited, and he is demonstrating a serious disassociation from reality.
A recent case in point was Obama's bizarre and meandering 17-minute, 2,500-word answer to the simple question about how he could justify raising taxes for ObamaCare during a recession when citizens are already overtaxed. Obama's wildly inappropriate answer left the audience stunned and led commentator Charles Krauthammer to mockingly say, "I don't know why you are so surprised. It’s only nine times the length of the Gettysburg address, and after all Lincoln was answering an easier question, the higher purpose of the union and the soldiers who fell in battle."
This lapse of delusion occurred in front of a friendly audience.
Overall, Barack Obama seems to be slipping into a slightly more delusional state these days.
On Monday, following his embarrassing answer on Saturday, Obama stopped by the Washington Nationals home opener to loft an effeminate toss toward home plate constituting the ceremonial first pitch. After this display, Obama was mucking it up in the press booth talking about his love of the Chicago White Sox. The announcers asked Obama which players he supported growing up a White Sox fan. After hemming and hawing for about 30 seconds, Obama responded that he grew up in Hawaii and was actually an A's fan. Again, he avoided mentioning any players by name.
Obama seems to believe that he can say whatever he wants, and not reap the consequences or be forced to defend his empty assertions. Obama behaves in a manner so disconnected from reality that he is shocked when someone has the audacity to question him. Obama acts like his word is infallible.
In March of last year Obama was on “60 Minutes” with Steve Kroft.
Throughout the interview as Kroft questioned about the economic downturn and people losing their life savings, Obama just kept laughing. A one point CBS’s Kroft stopped him and asked, “Are you punch drunk?" How will the American people react to seeing their president laugh off their predicament? Obama’s inappropriate laughter clearly demonstrated he has lost touch with the pain that people are feeling.
Obama portrays himself as the larger-than-life figure towering above the political fray. At the summit when Obama was pushing his health care package through Congress, he attempted to act as if he were the chief arbiter of truth. With petty insults, he slapped down what the Republicans proposed and audaciously claimed his was a “bipartisan bill.” Obama distorts the truth with such frequency that one must start to question if Obama even realizes he is lying or is so disassociated from the truth that he believes what he says.
A further example of Obama’s delusions of grandeur occurred when he gave himself a “good solid B plus.” Believing that his presidency was an above average success when America is hurting is absurd. Obama went so far as to claim that he would give himself an “A” once health care was passed. Obama is not living in the same reality as the rest of us.
As Charles Krauthammer wrote, “Not that Obama considers himself divine.
(He sees himself as merely messianic, or, at worst, apostolic.) But he does position himself as hovering above mere mortals, mere country, to gaze benignly upon the darkling plain beneath him where ignorant armies clash by night, blind to the common humanity that only he can see."
Obama sees himself as the greatest man to be president in all time. He truly believes it when he said "we are the ones we have been waiting for," and "this is the moment when the rise of the oceans began to slow and the planet began to heal." He believes that he can do anything he pleases and the people will love him for it. Obama plans to radically transform this country and go down in history as, in his mind, the greatest ever. Obama is clearly disconnected from reality.
Obama is, according to Newt Gingrich, “potentially the most dangerous (president), because he so completely misunderstands reality.” Gingrich was referring to Obama’s inept and weak stance on missile defense amongst other things. Even Mahmoud Ahmadinejad has said that Obama is an amateur; so much for wowing the world. Obama lives in an alternate universe where he treats our friends poorly and expects our enemies to change and become our friends. Here’s hoping that the voters help to connect this president back to reality in November.
The Browns are bestselling authors and speakers. Together they write a national weekly column distributed exclusively by Cagle Cartoons newspaper syndicate. Floyd is also president of the Western Center for Journalism. They can be reached at browns@caglecartoons.com.
10-17-2007 - 2 Articles - (1)Free enterprise vs: capitalism (2) No Middle Class Left
No matter what you may think of Ed Steele's writings, this may be the most powerful email I have ever received for the truths it tells. The introduction is Ed's, the attached two powerful articles he is just passing along as his way to make his most important point of our times.
Ed, tending to libertarianism, may not have realized it, but these articles are huge nails in the coffin of the foolhardy belief in monopoly capitalism, Ayn Rand's, and other such gurus, "big dog eat little dog" philosophy of no-holds-barred greed. What these articles describe is the natural and inevitable result of capitalistic manipulation of national economies - especially into a "world economy" which benefits no one except those already rich beyond belief.
Free enterprise is what most think they are promoting when they say "capitalism," but that is not true. Free enterprise is 180 degrees opposite of capitalism. The very word "capitalism" implies, as older dictionaries defined it, as the concentration of capital into the hands of the few. This is exactly what these articles graphically expose. Free enterprise has to do with local people taking care of local needs. A giant, comfortable middle class with few super rich. And money and/or credit consequently staying within communities where it can continually be turned over to the benefit of all there living, instead of being constantly siphoned off into the centers of criminal "high finance." Of course, the money must be honest; paid or given into circulation, NEVER, under any circumstance, LOANED INTO EXISTENCE or PRIVATELY OWNED (such as our current system) as this creates a conveyor belt of all wealth to those who own the money.
Rev. Denis Fahey did a better job than anyone else I've read in describing economies. In the first place, (I paraphrase) "economy" truly defines all of life, not just the monetary end. Economies, world wide have been turned on their heads. In a true economy, as pictured from the sanity of an honestly Christian viewpoint, finance exists to SERVE industry while industry exists to SERVE the family, as the family exists to SERVE God. Does not that have a superlative ring compared to the present degrading, moral less rat race in an attempt to survive for most of the people while a few at the top live in Oriental splendor?
The below writings will open you eyes wide to truths you may have only suspected and, perhaps, not wished to investigate too closely.
Tony B.
6 Million ... and counting
Do you really want to understand what is taking place in America today? Seriously? If so, carefully read the two articles reproduced below and think long and hard on what I am about to tell you.
Though I've already seen both these articles and thought precisely what I do today, Israeli Jew Israel Shamir now has coupled them and sent them to his list. That adds a bit of credibility, as does the fact that the first is written by a Jew far more pro-Jewish than is Israel. For all I know, however, the second article's author could be Jewish, too. After all, as vividly highlighted by this pair of articles, one must be Jewish or, at least, Jewish-approved in order to have a platform in America. Witness the fact that you never have seen a single thing I have written, other than furtively passed around or posted on the Internet.
Though concerning the same people - exactly the same people - the first article uses the J-word extensively, while the second never once mentions it. But, then, the first appeared only in a publication written for and almost exclusively read by - Jews. The second is a much more mainstream article.
Imagine if all mainstream articles so unabashedly attributed the growing American dichotomy in all things to being Jewish vs. Gentile (a Jewish term that is said to mean "non-Jew," but which is spoken in a manner to connote cattle).
And things are about to become even more polarized as the coming economic apocalypse swallows up the average American. If you have my book, look in the chapter entitled World War III and review the quotes I give from pre-WWII authors, describing how an eerily-similar Jew/Gentile economic divide in Germany led to the overwhelming uprising and mass reprisal generally ascribed to a single man. In reality, the Third Reich was a reaction - to an equally avaricious and oblivious Jewish overclass.
We have a saying here in America: pigs get fat and hogs get slaughtered.
Did you know that there are about 6 million Jews in America today? Coincidentally, there now happen to be just about 6 million Jews in Israel, as well.
6 million ... 6 million ... hmmmm, where have I heard that figure before?
-ed
www.ConspiracyPenPal.com
--------------------------------------------------------------------------------
From: shamireaders@yahoogroups.com [mailto:shamireaders@yahoogroups.com]
On Behalf Of Israel Shamir
Sent: Wednesday, October 17, 2007 3:30 AM
To: readers
Subject: [shamireaders] Rise of Jews and Social Gap
Some news items should be read in conjunction: otherwise, they make little sense. Recently we were informed by Vanity Fair, that Jewish element with the US elites crossed 50%. Five years ago, it was assessed at 30%, now we are up to more than half. In the artcle below, a Jewish editor feels happy about this achievement. But how non-Jewish Americans should view it? Why should they care? And here we offer you a second news item, saying that social disparity gap in the US reached new heights. This is the answer: more Jews at the top, more social disparity at the bottom. In short, when it is good for Jews, it is rarely good for anybody else. Read these two articles in conjunction:
(1)
http://www.jewishworldreview.com/joe/aaron101007.php3
Feel the power
By Joseph Aaron
I just can't help it.
This kind of thing gives me a big thrill. And a big chill.
It's not that often that you find the entire state of Jewish life today encapsulated in one place. So when you do, it's worth taking note of and learning from.
The place of which I speak is the October issue of Vanity Fair magazine. Vanity Fair is one of the most fascinating magazines around, one that every issue features an amazingly eclectic collection of articles, from the very serious to the completely frivolous.
Indeed, while the October issue features such stories as "How $9 billion in cash vanished in Iraq;" "Inside Bush's bunker;" "How the Media Gored Al Gore in 2000;" and more, the cover features Nicole Kidman wearing a sailor cap and opening her shirt to reveal her nautical necklace and her brassiere.
Vanity Fair is nothing if not on the cutting edge of where society is and is going. Vanity Fair is definitely not a Jewish publication.
And yet, in this one issue, it tells us more about the Jewish world as it is today than any lecture or book or class out there.
It does that in two ways.
The first is its annual list of what it calls The New Establishment, the 100 most powerful, most influential people in American society.
What is absolutely amazing, stunning about the list is how many Jews there are on it. Jews make up about 2.5 percent of the U.S. population so there should be two or three Jews on the list.
Guess again, bubeleh.
The list of the Vanity Fair 100 includes, get ready, 51, yes 51 Jews.
Minimum.
I say 51 because that's how many I'm sure are Jewish. There may be others on the list who are Jewish but who I don't know are Jewish and whose names are not obviously Jewish.
But let's say I got them all. That means that more than half the names on the list of the 100 people who are the most vital to this society are Jewish. And this is a list that includes Apple's Steve Jobs and Oprah and Bill Clinton and Warren Buffett, to name a few of the few non-Jews on the list.
That is absolutely nothing short of astounding.
Talk about us being accepted into this society, talk about us having power in this society, talk about anti-Semitism being a thing of the past, talk about Jews no longer needing to be afraid to be visible and influential.
And it doesn't stop there.
The magazine also has a separate list of what it calls The Next Establishment, younger people it believes destined to make the big list some year soon.
Of the 26 names on that list, 15 are Jews. That I'm sure of. 15 of 26. More than half.
And it doesn't stop there.
The magazine also has a separate list of what it calls The Pit-Stop Club, those who have made The New Establishment list in the past but who didn't make it this year but are fairly certain to make a comeback in a future year.
Of the nine names on this list, eight are Jews. Eight out of nine. Don Imus is the only non-Jew on the list.
I mean, it's just unbelievable.
This is a big country with lots and lots of very talented, highly educated, tremendously motivated people. And no one has its finger on the pulse of the people who make this country what it is more than Vanity Fair.
And when it came time to pick the 100 who most move and shake things in America, more than half-more than half-are Jews. And on the list of those who will one day be on that list, more than half-more than half-are Jews. Not to mention that almost 100 percent of those who were on the list and are poised to make a comeback are Jews.
Tells you so much about the place of Jews in this country, about the amazing people Jews are.
That's something we should never take for granted, something we should always be blown away by, feel very, very good about.
Instead, however, the Jewish world is so much about kvetching and worrying.
When will we learn to fight fights that matter. When will we learn not everything needs to be made a big deal of. Not everything we don't like is a threat, indeed some of the things we don't like only become a nuisance because we make a big deal out of it.
We are powerful, very powerful. We play a major, pivotal role in the life of this country. And yet we are always acting like scared little mice on the verge of annihilation.
And if you think how we are doesn't have consequences, please look at something else in this Vanity Fair issue, something that also tells us much about Jewish life today.
There is an article in the magazine called "Talk of the Town." It tells the story of the intense rivalry between two of the most powerful men on Wall Street, Henry Kravis and Stephen Schwarzman.
Both, as you may have guessed, are Jews. Both are at the very top of the private equity world, which is where the financial action is these days. Both control tens of billions of dollars worth of assets.
The first thing that struck me about the story is what jerks both are, each trying to top the other, destroy the other, outdo the other. Not to mention the abominable way that each treats their employees. Each acts in ways that are not very much in keeping with the teachings and values of Judaism.
That's sad, but that's not what got to me. What got to me is how much these two do, how much these two give, to all kinds of good causes-libraries and museums and hospitals and universities and on and on, all mentioned by name in the article. You read and see how much energy each puts into his charitable work, how much money each donates to charitable causes. Doing so, it is very clear, for the social status and clout it brings.
What is also clear is that it seems neither is involved in or gives to Jewish causes, at least not in any significant way.
That too tells you a lot about Jewish life today.
For they are not alone. The fact is that, as survey after survey has shown, most very wealthy Jews in this country do not give to Jewish causes. Certainly not the tens of million dollars they so eagerly give to a university or a museum.
The question is why they feel so little allegiance to their own community, their own people, why they so much look elsewhere to devote their resources and their energies.
I think it's because we have made Judaism such an unpleasant place.
Judaism has so many powerful people among us, as the Vanity Fair 100 list shows. We are such a part of this society, have such impact on this society and yet we're always unhappy, always feel victimized, always kvetch about this and that. It's always another Holocaust around the corner, there's always the next Hitler on the scene, Israel is always embattled, we're always worried, always scared, always sure the end is near.
Well, who the hell wants to join that little party?
Because we so squander all the good that has come our way, too many of us are simply opting to go their own way, to be part of things that don't involve guilt and neuroticism.
More than half those on the Vanity Fair 100 are Jews. And yet we don't feel powerful, indeed, the very fact of the list makes us even more nervous than we were before. Instead of being pleased and taking pride, we fret that it's not so good to be so visible, bad that the gentiles see how much influence we have. And so we take even an occasion for joys and make it one for oys.
Is it any wonder then that if we always make out that Jewish life, despite all evidence to the contrary, is a scary and dreary place, that those who have made it, want nothing to do with it?
(2)
The Internal Revenue Service issued a report last week documenting record levels of social inequality in the United States. According to the data released by the IRS, America’s wealthiest 1 percent accounted for 21 percent of all income in 2005, while the bottom 50 percent earned just 12.8 percent of the total national income.
While the share of income taken in by the wealthiest 1 percent rose steeply—up three points from 19 percent in 2004—the share for the half of the population at the bottom of the economic ladder fell during the same period by 0.6 percent.
The IRS data, published in the Wall Street Journal last Friday, are based on “adjusted gross income” reflected in tax returns for 2005. This measure provides a starker and more accurate picture than other indices of the staggering polarization between wealth and poverty in America.
It records individual income after deductions for such expenses as alimony or individual retirement accounts, and includes capital gains, a major source of income for the very rich. It also breaks down the figures relating to the wealthiest social layers, spelling out the obscene levels of income raked in by the top 1 percent and top 0.1 percent, as opposed to other reports that lump this relative handful of multimillionaires and billionaires together with average figures for the top 10 percent.
The share claimed by this wealthiest layer has now surpassed the previous record recorded during the stock market boom of the 1990s. And, while the IRS has kept such data only since 1986, it is believed that the present percentage of the national income going to this layer is higher than at any time since the period that preceded the Wall Street crash of 1929 and the Great Depression.
Even George W. Bush is compelled to acknowledge the prevalence of social inequality in America. In an interview with the Wall Street Journal, the president said, “First of all, our society has had income inequality for a long time.” By way of explanation, Bush, the offspring of a family worth many millions, declared, “Skills gaps yield income gaps.”
The Wall Street Journal was more candid than the president, acknowledging that while the IRS did not spell out the source of rising income for the wealthy, the “boom on Wall Street has likely played a part.”
The newspaper went on to point out the enormous accumulation of wealth on Wall Street itself, citing a recent study from the University of Chicago showing that twice as many Wall Street executives count themselves in the top 0.5 percent income bracket as their counterparts in other sectors of the economy. One of the authors of the study, Joshua Rauh, told the Journal, “It’s hard to escape the notion” that the increasing monopolization of wealth at the top is a “Wall Street, financial industry-based story.”
Summarizing the study, the Journal reported that “the highest-earning hedge-fund manager earned double in 2005 what the top earner made in 2003, and the top 25 hedge-fund managers earned more in 2004 than the chief executives of all the companies in the Standard & Poor’s 500 stock index combined.” The study also found “profits per equity partner at the top 100 law firms doubling between 1994 and 2004, to over $1 million in 2004 dollars.”
The data released by the IRS indicated that the minimum annual income needed to make it into the top 1 percent rose 3 percent between 2000 and 2005 to $364,647.
On the opposite end of the social scale, the median income of tax filers had fallen 2 percent between 2000 and 2005 to just $30,881, with fully half of the population struggling to get by on less than that.
Earlier data released by the US Census Bureau established that every section of the population outside of the top 5 percent saw their real income fall between 2000 and 2005.
According to one recent study, while real income for the bottom 90 percent of the population fell by 11 percent between 1973 and 2005, those in the top .01 percent bracket, comprising some 14,000 households with annual incomes averaging nearly $13 million, saw their take increase by 250 percent over the same period.
What emerges from the data are the effects of a long-standing social policy involving a massive transfer of wealth from working people, the great majority of the population, to a handful of the super-wealthy, who have enriched themselves at the expense of the rest of society.
This is not merely an American, but rather a global policy that has been carried out on the backs of the working class of every country. A study released last week by the Boston Consulting Group found that the world’s 9.6 million millionaires—comprising just 0.7 percent of the earth’s population—now control $33.2 trillion in wealth—roughly a third of all the wealth in the world. According to the study, the world’s wealthiest 0.1 percent—those with $5 million or more in financial assets—now owns 17.5 percent of global wealth.
Meanwhile, half of the world’s population—some 3 billion people—live on less than $2 a day.
The social cost of this vast accumulation of wealth by the financial elite grows daily. A report issued last week by the Center for Economic and Policy Research and the Center for Social Policy at the University of Massachusetts in Boston found that 41 million working families in America—one in five—are unable to cover the costs of basic necessities with the money they earn working for low pay and no benefits.
The study found that many of these workers are ineligible for federal support in the form of child care assistance, the Earned Income Tax Credit, Food Stamps, housing assistance, Medicaid or the State Children’s Health Insurance Program, and Temporary Assistance to Needy Families. Eligibility for such assistance has been steadily tightened by federal and state governments.
The demagogy of the current crop of Democratic presidential candidates about defending the “middle class” notwithstanding, these policies have been enacted by Democratic and Republican administrations alike. The growth of income inequality in America has continued unbroken since 1973, spurred by the high-interest-rate, recessionary policies enacted by Federal Reserve Board Chairman Paul Volcker—Democratic President Jimmy Carter’s appointee—with the deliberate aim of driving up unemployment, slashing wages and unleashing a big business offensive against the working class.
It was under the Clinton administration that the top 1 percent set their previous record share of the national income—20.8 percent in 2000, Clinton’s last year in the White House. This was up from about 14 percent when he first took office.
The increased concentration of wealth was fueled by the Democratic administration’s deregulation of the financial markets, which spurred the financial bubble of the ‘90s that gave rise to much of today’s financial elite. At the other end of the social ladder, the Clinton White House carried out a ruthless war against the working class and poor, carrying through its pledge to “end welfare as we know it” and slashing other areas of social spending.
From the beginning of the Bush administration, the Democrats have helped pass round after round of tax cuts for the rich, running into the trillions of dollars. Even a limited proposal to close a tax loophole that has allowed hedge and equity fund managers earning hundreds of millions of dollars a year to pay a lower tax rate than a bus driver or an office worker was shelved earlier this month by the Democratic Senate leadership, in deference to the party’s well-heeled contributors on Wall Street.
The inequality that pervades every facet of American society inevitably finds its expression within the Democratic Party, which, while posturing as the party of the people, remains a political instrument of the ruling financial elite. Among the Democratic candidates, the three front-runners—Hillary Clinton, Barack Obama and John Edwards—are all millionaires.
Roughly half of the US Senate is made up millionaires, many of them Democrats. The House, meanwhile, is led by Speaker Nancy Pelosi, who in her latest financial disclosure forms reported that she and her investor husband conducted some 30 stock sales and purchases last year, many of them involving sums up to $1 million each. She also reported owning a California vineyard, valued between $5 million and $25 million.
The Democrats will do no more to reverse the growth of social inequality than they will to end the war in Iraq. In the final analysis, the explosion of militarism abroad and the destruction of working class living standards at home are two sides of a common political agenda aimed at funneling the wealth of the US and the world into the coffers of a financial oligarchy.
No nation on earth screams louder than Israel that "Iran must not be allowed to obtain any kind of nuclear abilities because it is certain (in Israel's eyes) to use the knowledge to make weapons. Second loudest is the government of the United States. Two pots calling the kettle black.
Israel was created - at the expense of Palestine - in 1948, and that is when it began its drive to create nuclear weapons. According to a U.S. Army paper, "The Third Temple's Holy of Holies: Israel's Nuclear Weapons," (which can be googled) it had "reportedly assembled several nuclear devices" - that is weapons - by 1967. By 1973 it had weapons deployed "and considered using them" in the so-called Yom Kippur war.
Some of the components of Israel's early nukes were stolen from United States stockpiles.
Israel has never stopped production of nukes. Ten years ago it was estimated to have 400 of them, in all sizes and usages from the really big, long range stuff to "suitcase" nukes and low yield shells that kill but do not damage infrastructure. Today, it is variously rated the third or fourth greatest nuclear power in the world. It may even be number two.
Israel has been blackmailing the U.S. government at the top tier over its possible use of nukes for decades. Why American "leaders" put up with that from this artificial little government would seem a mystery to most but it is probable that the assassination of John F. Kennedy, who flatly told the Israelis he would not stand by and let them make nuclear bombs, may have something to do with that.
Tellingly, it must be noted that in the half century that Israel, lover of technology in all things, which has madly manufactured enough nukes to blow up the world, has yet to made a single attempt to build nuclear power plants which are much easier to make than bombs. Only lately has there even been talk of nuclear power plants by Israelis. And it is only talk. No decision has been even attempted to build such power plants.
These facts reveal a power mad mindset that the world should carefully consider. It is Israel that should be the target of those in fear of a nuclear holocaust, not Iran, not North Korea, nor China nor Pakistan; not any other nation in the world.
The second most frightening nation in the world with nukes is the United States of America, which present (and past for probably at least a century) government heads lie to the American people as policy. The recent "accidental" transport of a fully nuked up B52 to the take off base for the Middle East being a case in point. It is still to be determined what happened to the sixth nuke which was attached to the plane when it left Minot yet only five were reported to have arrived in Louisiana. Where is the media on this point? Is there going to be a nuclear 9/11 in some midsize American city so that Bush can fake a reason to nuke Iran? He is no less insane than Israel's leadership. His and Cheney's group proved that when they accomplished 9/11 (with Israeli military and Mossad assisting). And Bush is always anxious to please his neocon controllers.
Media hype is just media hype. People should fear what is really worthy of fearing - based on fact, not some neocon media and government concocted phony bogy man which amounts to 100% emotional hype with no substance whatsoever.
Tony B.
10-14-2007 - The Coming Depression
There's a lot of hype about the mortgage market collapse throwing the whole world into a depression - and that just may happen.
But it's all a manufactured situation. The world's financial crooks have been shuffling mortgage and much other debt paper around among themselves for a long time, making even more money than they make off the debt created by the bankers of issue as nations' mediums of exchange.
All this defaulted debt is nothing but bank credit figures - a banking fraud on mankind - with no real reason to consider it value to begin with. Yet these fakers have been fleecing the world with this charade of worth for decades, adding the figures to their "worth" while charging the "suckers" real wealth to make the bankers' phony debt good.. Now, to save their phony figures, they will throw the world into a depression by the usual criminal means of making it impossible to get loans while making sure there is no real medium of exchange around which is not dependent on loans for its existence.
Typical "establishment" (prostitute) statement:
"We are coming off the greatest lending bubble ... in U.S. history. We will feel its impact for a very long time," said Robert Arnott, Chairman of Research Affiliates LLC in Pasadena, California, earlier this month.
All that has to be done is for the financiers to write down these phony figures to a more realistic figure within the financial houses. Take their highly earned "losses" of nothing. These financiers are already richer than anyone could possibly need to be by dint of their criminal "bank credit" nothing used as national mediums of exchange at usury and then shuttling this debt paper around among themselves as "worth" to be kited over and over, each time to make more money by treating this bogus debt as a value to be extracted from the "suckers" who must borrow to live.
To hell with them and their phony "bubble." Let them come down closer to reality as the consequence of their greed instead of allowing them to create even more misery in the world so they can claim ever greater "riches."
Tony B.
So it's finally hit the main stream media! Liberty Lobby and its publication, The Spotlight - now both defunct by use of a crooked bankruptcy court tied to CIA assets - hammered this story over and over for more than 20 years.
What isn't mentioned here is that the attack was ordered by Israeli "war hero" Moshe Dyan - the one you used to see in the media with the eye patch who was played up to high heaven before the American public. May the bastard rot in hell forever, where he undoubtedly is.
Too many of the "wounded" sailors would more accurately be described as "maimed."
I did get awfully tired of people telling me they didn't believe me, which was calling me a liar. Who are the liars now?
Tony B.
October 6, 2007
So Who's Afraid of the Israel Lobby?
by Ray McGovern
Who's afraid of the Israel Lobby? Virtually everyone: Republican, Democrat – Conservative, Liberal. The fear factor is non-partisan, you might say, and palpable. The American Israel Public Affairs Committee (AIPAC) brags that it is the most influential foreign policy lobbying organization on Capitol Hill, and has demonstrated that time and again – and not only on Capitol Hill.
Seldom has the Lobby's power been as clearly demonstrated as in its ability to suppress the awful truth that on June 8, 1967, during the Six Day War:
* Israel deliberately attacked the intelligence collection ship USS Liberty, in full awareness it was a U.S. Navy ship, and did its best to sink it and leave no survivors;
* The Israelis would have succeeded had they not broken off the attack upon learning, from an intercepted message, that the commander of the U.S. 6th Fleet had launched carrier fighters to the scene; and
* By that time 34 of the Liberty's crew had been killed and over 170 wounded.
Scores of intelligence analysts and senior officials have known this for years. That virtually all of them have kept a forty-year frightened silence is testament to the widespread fear of touching this live wire. Even more telling is the fact that the National Security Agency apparently has destroyed voice tapes and transcripts heard and seen by many intelligence analysts, material that shows beyond doubt that the Israelis knew exactly what they were doing.
The Ugly Truth
But the truth will come out – eventually. All it took in this case was for a courageous journalist (an endangered species) to listen to the surviving crew and do a little basic research, not shrinking from naming war crimes and not letting senior U.S. officials, from the president on down, off the hook for suppressing – even destroying – damning evidence from intercepted Israeli communications.
The mainstream media have now published an exposé based largely on interviews with those most intimately involved. A lengthy article by Pulitzer Prize winning investigative reporter John Crewdson appeared in the Chicago Tribune and Baltimore Sun on Oct. 2 titled "New revelations in attack on American spy ship." To the subtitle goes the prize for understatement of the year: "Veterans, documents suggest U.S., Israel didn't tell full story of deadly 1967 incident."
Better 40 years late than never, I suppose. Many of us have known of the incident and cover-up for a very long time and have tried to expose and discuss it for the lessons it holds for today. It has proved far easier, though, to get a very pedestrian Dog-Bites-Man article published than an article with the importance and explosiveness of this sensitive story.
A Marine Stands Up
On the evening of Sept. 26, 2006, I gave a talk on Iraq to an overflow crowd of 400 at National Avenue Church in Springfield, Missouri. A questioner asked what I thought of the study by John Mearsheimer of the University of Chicago and Stephen Walt of Harvard titled The Israel Lobby and U.S. Foreign Policy. The study had originally been commissioned by The Atlantic Monthly. When the draft arrived, however, shouts of "Leper!" were heard at the Atlantic. The monthly wasted no time in saying thanks-but-no-thanks, and the leper-study then wandered in search of a home, finding none among American publishers. Eventually the London Review of Books published it in March 2006.
I had read that piece carefully and found it an unusual act of courage as well as scholarship. That's what I told the questioner, adding that I did have two problems with the study:
First, it seemed to me the authors erred in attributing virtually all the motivation for the U.S. attack on Iraq to the Israel Lobby and the so-called "neoconservatives" running our policy and armed forces. Was Israel an important factor? Indeed. But of equal importance, in my view, was the oil factor and what the Pentagon now calls the "enduring" military bases in Iraq, which the White House and Pentagon decided were needed for the U.S. to dominate that part of the Middle East.
Second, I was intrigued by the fact that Mearsheimer and Walt made no mention of what I believe to be, if not the most telling, then perhaps the most sensational proof of the power the Lobby knows it can exert over our government and Congress. In sum, in June 1967, after deliberately using fighter-bombers and torpedo boats to attack the USS Liberty for over two hours in an attempt to sink it and kill its entire crew, and then getting the U.S. government, the Navy, and the Congress to cover up what happened, the Israeli government learned that it could – literally – get away with murder.
I found myself looking out at 400 blank stares. The USS Liberty? And so I asked how many in the audience had heard of the attack on the Liberty on June 8, 1967. Three hands went up; I called on the gentleman nearest me.
Ramrod straight he stood:
"Sir, Sergeant Bryce Lockwood, United States Marine Corps, retired. I am a member of the USS Liberty crew, Sir."
Catching my breath, I asked him if he would be willing to tell us what happened.
"Sir, I have not been able to do that. It is hard. But it has been almost 40 years, and I would like to try this evening, Sir."
You could hear a pin drop for the next 15 minutes, as Lockwood gave us his personal account of what happened to him, his colleagues, and his ship on the afternoon of June 8, 1967. He was a linguist assigned to collect communications intelligence from the USS Liberty, which was among the ugliest – and most easily identifiable – ships in the fleet with antennae springing out in all directions.
Lockwood told of the events of that fateful day, beginning with the six-hour naval and air surveillance of the Liberty by the Israeli navy and air force on the morning of June 8. After the air attacks including thousand-pound bombs and napalm, three sixty-ton torpedo boats lined up like a firing squad, pointing their torpedo tubes at the Liberty's starboard hull. Lockwood had been ordered to throw the extremely sensitive cryptological equipment overboard and had just walked beyond the bulwark separating the NSA intelligence unit from the rest of the ship when, he recalled, he sensed a large black object, a tremendous explosion, and sheet of flame. The torpedo had struck dead center in the NSA space.
The cold, oily water brought Lockwood back to consciousness. Around him were 25 dead colleagues; but he heard moaning. Three were still alive; one of Lockwood's shipmates dragged one survivor up the hatch. Lockwood was able to lift the two others, one-by-one, onto his shoulder and carry them up through the hatch. This meant alternatively banging on the hatch for someone to open it and swimming back to fish his shipmate out of the water lest he float out to sea through the 39-foot hole made by the torpedo.
At that Lockwood stopped speaking. It was enough. Hard, very hard – even after almost 40 years.
What Else We Know
John Crewdson's meticulously documented article, together with the 57 pages that James Bamford devotes to the incident in his book Body of Secrets and recent confessions by those who played a role in the cover-up, paint a picture that the surviving crew of the USS Liberty can only find infuriating. The evidence, from intercepted communications as well as testimony, of Israeli deliberate intent is unimpeachable, even though the Israelis continue to portray the incident as merely a terrible mistake.
Crewdson refers to U.S. Navy Captain Ward Boston, who was the Navy lawyer appointed as senior counsel to Admiral Isaac C. Kidd, named by Admiral John S. McCain (Sen. John McCain's father) to "inquire into all the facts and circumstances." The fact that they were given only one week to gather evidence and were forbidden to contact the Israelis screams out "cover-up."
Captain Boston, now 84, signed a formal declaration on Jan. 8, 2004 in which he described himself as "outraged at the efforts of the apologists for Israel in this country to claim that this attack was a case of ‘mistaken identity.'" Boston continued:
"The evidence was clear. Both Admiral Kidd and I believed with certainty that this attack...was a deliberate effort to sink an American ship and murder its entire crew...Not only did the Israelis attack the ship with napalm, gunfire, and missiles, Israeli torpedo boats machine-gunned three lifeboats that had been launched in an attempt by the crew to save the most seriously wounded – a war crime...I know from personal conversations I had with Admiral Kidd that President Lyndon Johnson and Secretary of Defense Robert McNamara ordered him to conclude that the attack was a case of 'mistaken identity' despite overwhelming evidence to the contrary."
Why the Israelis decided to take the draconian measure of sinking a ship of the U.S. Navy is open to speculation. One view is that the Israelis did not want the U.S. to find out they were massing troops to seize the Golan Heights from Syria, and wanted to deprive the U.S. of the opportunity to argue against such a move. Another theory: James Bamford, in Body of Secrets," adduces evidence, including reporting from an Israeli journalist eyewitness and an Israeli military historian, of wholesale killing of Egyptian prisoners of war at the coastal town of El Arish in the Sinai. The Liberty was patrolling directly opposite El Arish in international waters but within easy range to pick up intelligence on what was going on there. And the Israelis were well aware.
As for the why, well, someone could at least approach the Israelis involved and ask, no? The important thing here is not to confuse what is known (the deliberate nature of the Israeli attack) with the purpose behind it, which remains a matter of speculation.
Other Indignities
Bowing to intense pressure from the Navy, the White House agreed to award the Liberty's skipper, Captain William McGonagle, the Medal of Honor....but not at the White House, and not by the president (as is the custom). Rather, the Secretary of the Navy gave the award at the Washington Navy Yard on the banks of the acrid Anacostia River. A naval officer involved in the awards ceremony told one of the Liberty crew, "The government is pretty jumpy about Israel...the State Department even asked the Israeli ambassador if his government had any objections to McGonagle getting the medal."
Adding insult to injury, those of the Liberty crew who survived well enough to call for an independent investigation have been hit with charges of, you guessed it, anti-Semitism.
Now that some of the truth is emerging more and more, others are showing more courage in speaking out. In a recent email, an associate of mine who has followed Middle East affairs for almost 60 years, shared the following:
"The chief of the intelligence analysts studying the Arab/Israeli region at the time told me about the intercepted messages and said very flatly and firmly that the pilots reported seeing the American flag and repeated their requests for confirmation of the attack order. Whole platoons of Americans saw those intercepts. If NSA now says they do not exist, then someone ordered them destroyed."
Leaving the destruction of evidence without investigation is an open invitation to repetition in the future.
As for the larger picture, visiting Israel this past summer I was constantly told that Egypt forced Israel into war in June 1967. This does not square with the unguarded words of Menachem Begin in 1982, when he was Israel's prime minister. Rather he admitted publicly:
"In June 1967, we had a choice. The Egyptian army concentrations in the Sinai approaches do not prove that [Egyptian President] Nasser was really about to attack us. We must be honest with ourselves. We decided to attack him."
Israel had, in fact, prepared well militarily and mounted provocations against its neighbors, in order to provoke a response that could be used to justify an expansion of its borders. Israel's illegal 40-year control over and confiscation of land in the occupied territories and U.S. enabling support (particularly the one-sided support by the current U.S. administration) go a long way toward explaining why it is that 1.3 billion Muslims "hate us."
08 / 13 / 2007
While researching, writing and editing for Liberty Lobby and its The Spotlight and successor American Free Press, I was constantly arguing for a different kind of presentation that younger people would be interested in reading.
Basically, my argument was that Americans have been dumbed down to the point where facts don't really register with them. They are trained to react to emotional buzz words, not to think. So trying to imitate the writing style of the NY Times, Wash. Post., et al, is simply re enforcing the enemy's agenda, more or less. I never got through with this concept where it mattered, even though many readers praised my style of "blue collar" writing. Moreover, my "punch lines" were routinely edited out of my articles.
Now, I'm finally actually reading Charlotte Iserbyt's "the deliberate dumbing down of america" and I find the words I was always looking for early on in her monumental tome, as follows:
She quotes from the book "Conditioned Reflex Therapy" by one Andrew Salte:
"We are meat in which habits have taken up residence. We are a result of the way other people have acted to us. We are the reactions. Having conditioned reflexes means carrying about pieces of past realities . . . We think with our habits, and our emotional training determines our thinking. Where there is a conditioned reflex, there is no will. Our "will power" is dependent on our previously learned reflexes."
To understand these statements, Mrs. Iserbyt writes, one must know a bit about cybernetics. For that explanation she quotes from a speech by Herbert Philbrick, the ex communist who wrote "I Led Three Lives."
Part of that quote is: "[t]he Reds have been working around the clock in this study of the scientific manipulation and control of information. It is based on the findings of Pavlov which say that a man, like an animal, conditioned to respond to certain impulses, can be conditioned to respond to words, phrases and symbols. [Rock music and "rap "- the rage of the current young - immediately come to mind.] Therefore you pour in the words, phrases and symbols to which he will respond without thinking. And then you withhold other certain words which will cause him to respond in a way which you may not desire. It is the scientific control of human beings by means of control information."
Fits right in with the techniques of Skinnerism, the method most used to turn public school children into unthinking emotional reactors - which they absolutely are - each new generation moreso than the last.
If writers truly want to turn the juggernaut of ruination of civilization around they MUST learn to write their own buzz words, their own emotional tugging agendas, using facts sparingly as backup to the emotional stimulation. That is the only way to reach those at the ages of action. Catering to old geezers for a few bucks to continue droning on will not do any damage whatsoever to the agendas of those who intend to rule the world of "putty men" they have created.
Tony B.
Every Libertarian (and every latter day "conservative") needs to read
this at least three times and then reflect on his silly beliefs in Ayn Rand
greed and the dopy "Austrian's" unrealistic theories.
Tony B.
Why doesn't Bush get credit for the strong economy?"
That question has
been asked over and over again in recent months by political pundits.
After all, they point out, the gross domestic product is up;
unemployment, at least according to official figures, is low by
historical standards; and stocks have recovered much of the ground they
lost in the early years of the decade, with the Dow surpassing 12,000
for the first time. Yet the public remains deeply unhappy with the state
of the economy. In a recent poll, only a minority of Americans rated the
economy as "excellent" or "good," while most consider it no better than
"fair" or "poor."
Are people just ungrateful? Is the administration failing to get its message out? Are the news media, as conservatives darkly suggest, deliberately failing to report the good news?
None of the above. The reason most Americans think the economy is fair to poor is simple: For most Americans, it really is fair to poor. Wages have failed to keep up with rising prices. Even in 2005, a year in which the economy grew quite fast, the income of most non-elderly families lagged behind inflation. The number of Americans in poverty has risen even in the face of an official economic recovery, as has the number of Americans without health insurance. Most Americans are little, if any, better off than they were last year and definitely worse off than they were in 2000.
But how is this possible? The economic pie is getting bigger -- how can it be true that most Americans are getting smaller slices? The answer, of course, is that a few people are getting much, much bigger slices. Although wages have stagnated since Bush took office, corporate profits have doubled. The gap between the nation's CEOs and average workers is now ten times greater than it was a generation ago. And while Bush's tax cuts shaved only a few hundred dollars off the tax bills of most Americans, they saved the richest one percent more than $44,000 on average. In fact, once all of Bush's tax cuts take effect, it is estimated that those with incomes of more than $200,000 a year -- the richest five percent of the population -- will pocket almost half of the money. Those who make less than $75,000 a year -- eighty percent of America -- will receive barely a quarter of the cuts. In the Bush era, economic inequality is on the rise.
Rising inequality isn't new. The gap between rich and poor started growing before Ronald Reagan took office, and it continued to widen through the Clinton years. But what is happening under Bush is something entirely unprecedented: For the first time in our history, so much growth is being siphoned off to a small, wealthy minority that most Americans are failing to gain ground even during a time of economic growth -- and they know it.
A merica has never been an egalitarian society, but during the New Deal and the Second World War, government policies and organized labor combined to create a broad and solid middle class. The economic historians Claudia Goldin and Robert Margo call what happened between 1933 and 1945 the Great Compression: The rich got dramatically poorer while workers got considerably richer. Americans found themselves sharing broadly similar lifestyles in a way not seen since before the Civil War.
But in the 1970s, inequality began increasing again -- slowly at first, then more and more rapidly. You can see how much things have changed by comparing the state of affairs at America's largest employer, then and now. In 1969, General Motors was the country's largest corporation aside from AT&T, which enjoyed a government-guaranteed monopoly on phone service. GM paid its chief executive, James M. Roche, a salary of $795,000 -- the equivalent of $4.2 million today, adjusting for inflation. At the time, that was considered very high. But nobody denied that ordinary GM workers were paid pretty well. The average paycheck for production workers in the auto industry was almost $8,000 -- more than $45,000 today. GM workers, who also received excellent health and retirement benefits, were considered solidly in the middle class.
Today, Wal-Mart is America's largest corporation, with 1.3 million employees. H. Lee Scott, its chairman, is paid almost $23 million -- more than five times Roche's inflation-adjusted salary. Yet Scott's compensation excites relatively little comment, since it's not exceptional for the CEO of a large corporation these days. The wages paid to Wal-Mart's workers, on the other hand, do attract attention, because they are low even by current standards. On average, Wal-Mart's non-supervisory employees are paid $18,000 a year, far less than half what GM workers were paid thirty-five years ago, adjusted for inflation. And Wal-Mart is notorious both for how few of its workers receive health benefits and for the stinginess of those scarce benefits.
The broader picture is equally dismal. According to the federal Bureau of Labor Statistics, the hourly wage of the average American non-supervisory worker is actually lower, adjusted for inflation, than it was in 1970. Meanwhile, CEO pay has soared -- from less than thirty times the average wage to almost 300 times the typical worker's pay.
The widening gulf between workers and executives is part of a stunning increase in inequality throughout the U.S. economy during the past thirty years. To get a sense of just how dramatic that shift has been, imagine a line of 1,000 people who represent the entire population of America. They are standing in ascending order of income, with the poorest person on the left and the richest person on the right. And their height is proportional to their income -- the richer they are, the taller they are.
Start with 1973. If you assume that a height of six feet represents the average income in that year, the person on the far left side of the line -- representing those Americans living in extreme poverty -- is only sixteen inches tall. By the time you get to the guy at the extreme right, he towers over the line at more than 113 feet.
Now take 2005. The average height has grown from six feet to eight feet, reflecting the modest growth in average incomes over the past generation. And the poorest people on the left side of the line have grown at about the same rate as those near the middle -- the gap between the middle class and the poor, in other words, hasn't changed. But people to the right must have been taking some kind of extreme steroids: The guy at the end of the line is now 560 feet tall, almost five times taller than his 1973 counterpart.
What's useful about this image is that it explodes several comforting myths we like to tell ourselves about what is happening to our society.
MYTH #1: INEQUALITY IS MAINLY A PROBLEM OF POVERTY. According to this view, most Americans are sharing in the economy's growth, with only a small minority at the bottom left behind. That places the onus for change on middle-class Americans who -- so the story goes -- will have to sacrifice some of their prosperity if they want to see poverty alleviated.
But as our line illustrates, that's just plain wrong. It's not only the poor who have fallen behind -- the normal-size people in the middle of the line haven't grown much, either. The real divergence in fortunes is between the great majority of Americans and a very small, extremely wealthy minority at the far right of the line.
MYTH #2: INEQUALITY IS MAINLY A PROBLEM OF EDUCATION. This view -- which I think of as the eighty-twenty fallacy -- is expressed by none other than Alan Greenspan, former chairman of the Federal Reserve. Last year, Greenspan testified that wage gains were going primarily to skilled professionals with college educations -- "essentially," he said, "the top twenty percent." The other eighty percent -- those with less education -- are stuck in routine jobs being replaced by computers or lost to imports. Inequality, Greenspan concluded, is ultimately "an education problem."
It's a good story with a comforting conclusion: Education is the answer. But it's all wrong. A closer look at our line of Americans reveals why. The richest twenty percent are those standing between 800 and 1,000. But even those standing between 800 and 950 -- Americans who earn between $80,000 and $120,000 a year -- have done only slightly better than everyone to their left. Almost all of the gains over the past thirty years have gone to the fifty people at the very end of the line. Being highly educated won't make you into a winner in today's U.S. economy. At best, it makes you somewhat less of a loser.
MYTH #3: INEQUALITY DOESN'T REALLY MATTER. In this view, America is the land of opportunity, where a poor young man or woman can vault into the upper class. In fact, while modest moves up and down the economic ladder are common, true Horatio Alger stories are very rare. America actually has less social mobility than other advanced countries: These days, Horatio Alger has moved to Canada or Finland. It's easier for a poor child to make it into the upper-middle class in just about every other advanced country -- including famously class-conscious Britain -- than it is in the United States.
Not only can few Americans hope to join the ranks of the rich, no matter how well educated or hardworking they may be -- their opportunities to do so are actually shrinking. As best we can tell, pretax incomes are now as unequally distributed as they were in the 1920s -- wiping out virtually all of the gains made by the middle class during the Great Compression.
There's a famous scene in the 1987 movie Wall Street in which Gordon Gekko, the corporate predator played by Michael Douglas, tells a meeting of stunned shareholders that greed is good, that the unbridled pursuit of individual wealth serves the interests of the company and the nation. In the movie, Gekko gets his comeuppance; in real life, the Gordon Gekkos took over both corporate America and, eventually, our political system.
Oliver Stone didn't conjure Gekko's "greed" line out of thin air. It was based on a real speech given by corporate raider Ivan Boesky -- and it reflected what many corporate executives, conservative intellectuals and right-wing politicians were saying at the time.
It's no coincidence that ringing endorsements of greed began to be heard at the same time that the actual incomes of America's rich began to soar. In part, the new pro-greed ideology was a way of rationalizing what was already happening. But it was also, to an important extent, a cause of the phenomenon. In the past thirty years, right-wing foundations have devoted enormous resources to promoting this agenda, building a far-reaching network of think tanks, media outlets and conservative scholars to legitimize higher levels of inequality. "On average, corporate America pays its most important leaders like bureaucrats," the Harvard Business Review lamented in 1990, calling for higher pay for top executives. "Is it any wonder then that so many CEOs act like bureaucrats?"
Although corporate executives have always had the power to pay themselves lavishly, their self-enrichment was limited by what Lucian Bebchuk, Jesse Fried and David Walker -- the leading experts on exploding executive paychecks -- call the "outrage constraint." What they mean is that a conspicuously self-dealing CEO would be forced to moderate his greed by unions, the press and politicians: The social climate itself condemned executive salaries that seem immodest.
Lately, however, we have experienced a death of outrage. Thanks to the right's well-funded and organized effort, corporate executives now feel no shame in lining their pockets with huge bonuses and gigantic stock options. Such self-dealing is justified, they say: Greed is what made America great, and greedy executives are exactly what corporate America needs.
At the same time, there has been a concerted attack on the institutions that have helped moderate inequality -- in particular, unions. During the Great Compression, the rate of unionization nearly tripled; by 1945, more than one in three American workers belonged to a union. A lot of what made General Motors the relatively egalitarian institution it was in the 1960s had to do with its powerful union, which was able to demand high wages for its members. Those wages, in turn, set a standard that elevated the income of workers who didn't belong to unions. But today, in the era of Wal-Mart, fewer than one in eleven workers in the private sector is organized -- effectively preventing hundreds of thousands of working Americans from joining the middle class.
Why isn't Wal-Mart unionized? The answer is simple and brutal: Business interests went on the offensive against unions. And we're not talking about gentle persuasion; we're talking about hardball tactics. During the late 1970s and early 1980s, at least one in every twenty workers who voted for a union was illegally fired; some estimates put the number as high as one in eight. And once Ronald Reagan took office, the anti-union campaign was aided and abetted by political support at the highest levels.
Unions weren't the only institution that fostered income equality during the generation that followed the Great Compression. The creation of a national minimum wage also set a benchmark for the entire economy, boosting the bargaining position of workers. But under Reagan, Congress failed to raise the minimum wage, allowing its value to be eroded by inflation. Between 1981 and 1989, the minimum wage remained the same in dollar terms -- but inflation shrank its purchasing power by twenty-five percent, reducing it to the lowest level since the 1950s.
After Reagan left office, there was a partial reversal of his anti-labor policies. The minimum wage was increased under the elder Bush and again under Clinton, restoring about half the ground it lost under Reagan. But then came Bush the Second -- and the balance of power shifted against workers and the middle class to a degree not seen since the Gilded Age.
During the 2000 election campaign, George W. Bush joked that his base consisted of the "haves and the have mores." But it wasn't much of a joke. Not only has the Bush administration favored the interests of the wealthiest few Americans over those of the middle class, it has consistently shown a preference for people who get their income from dividends and capital gains, rather than those who work for a living.
Under Bush, the economy has been growing at a reasonable pace for the past three years. But most Americans have failed to benefit from that growth. All indicators of the economic status of ordinary Americans -- poverty rates, family incomes, the number of people without health insurance -- show that most of us were worse off in 2005 than we were in 2000, and there's little reason to think that 2006 was much better.
So where did all the economic growth go? It went to a relative handful of people at the top. The earnings of the typical full-time worker, adjusted for inflation, have actually fallen since Bush took office. Pay for CEOs, meanwhile, has soared -- from 185 times that of average workers in 2003 to 279 times in 2005. And after-tax corporate profits have also skyrocketed, more than doubling since Bush took office. Those profits will eventually be reflected in dividends and capital gains, which accrue mainly to the very well-off: More than three-quarters of all stocks are owned by the richest ten percent of the population.
Bush wasn't directly responsible for the stagnation of wages and the surge in profits and executive compensation: The White House doesn't set wage rates or give CEOs stock options. But the government can tilt the balance of power between workers and bosses in many ways -- and at every juncture, this government has favored the bosses. There are four ways, in particular, that the Bush administration has helped make the poor poorer and the rich richer.
First, like Reagan, Bush has stood firmly against any increase in the minimum wage, even as inflation erodes the value of a dollar. The minimum wage was last raised in 1997; since then, inflation has cut the purchasing power of a minimum-wage worker's paycheck by twenty percent.
Second, again like Reagan, Bush has used the government's power to make it harder for workers to organize. The National Labor Relations Board, founded to protect the ability of workers to organize, has become for all practical purposes an agent of employers trying to prevent unionization. A spectacular example of this anti-union bias came just a few months ago. Under U.S. labor law, legal protections for union organizing do not extend to supervisors. But the Republican majority on the NLRB ruled that otherwise ordinary line workers who occasionally tell others what to do -- such as charge nurses, who primarily care for patients but also give instructions to other nurses on the same shift -- will now be considered supervisors. In a single administrative stroke, the Bush administration stripped as many as 8 million workers of their right to unionize.
Third, the administration effectively blocked what might have been a post-Enron backlash against self-dealing corporate insiders. Corporate scandals dominated the news in the first half of 2002 -- but then the subject was changed to the urgent need to invade Iraq, and the drive for reform was squelched. With Americans focused on the war, CEOs are once again rewarding themselves at impressive -- and unprecedented -- levels.
Finally, there's the government's most direct method of affecting incomes: taxes. In this arena, Bush has made sure that the rich pay lower taxes than they have in decades. According to the latest estimates, once the Bush tax cuts have taken full effect, more than a third of the cash will go to people making more than $500,000 a year -- a mere 0.8 percent of the population.
It's easy to get confused about the Bush tax cuts. For one thing, they are designed to confuse. The core of the Bush policy involves cutting taxes on high incomes, especially on the income wealthy Americans receive from capital gains and dividends. You might say that the Bush administration favors people who live off their wealth over people who have a job. But there are some middle-class "sweeteners" thrown in, so the administration can point to a few ordinary American families who have received significant tax cuts.
Furthermore, the administration has engaged in a systematic campaign of disinformation about whose taxes have been cut. Indeed, one of Bush's first actions after taking office was to tell the Treasury Department to stop producing estimates of how tax cuts are distributed by income class -- that is, information on who gained how much. Instead, official reports on taxes under Bush are textbook examples of how to mislead with statistics, presenting a welter of confusing numbers that convey the false impression that the tax cuts favor middle-class families, not the wealthy.
In reality, only a few middle-class families received a significant tax cut under Bush. But every wealthy American -- especially those who live off of stock earnings or their inheritance -- got a big tax cut. To picture who gained the most, imagine the son of a very wealthy man, who expects to inherit $50 million in stock and live off the dividends. Before the Bush tax cuts, our lucky heir-to-be would have paid about $27 million in estate taxes and contributed 39.6 percent of his dividend income in taxes. Once Bush's cuts go into effect, he could inherit the whole estate tax-free and pay a tax rate of only fifteen percent on his stock earnings. Truly, this is a very good time to be one of the have mores.
It's worth noting that Bush doesn't simply favor the upper class: It's the upper-upper class he cares about. That became clear last fall, when the House and Senate passed rival tax-cutting bills. (What were they doing cutting taxes yet again in the face of a huge budget deficit and an expensive war? Never mind.) The Senate bill was devoted to providing relief to middle-class wage earners: According to the Tax Policy Center, two-thirds of the Senate tax cut would have gone to people with incomes of between $100,000 and $500,000 a year. Those making more than $1 million a year would have received only eight percent of the cut.
The House bill, by contrast, focused on extending tax cuts on capital gains and dividends. More than forty percent of the House cuts would have flowed to the $1 million-plus group; only thirty percent to the 100K to 500K taxpayers.
The White House favored the House bill -- and the final, reconciled measure wound up awarding a quarter of the benefits to America's millionaires. That, in a nutshell, is the politics of income inequality under Bush.
Oh, one last thing: What about the claim that the Bush tax cuts did wonders for economic growth? In fact, job creation has been much slower under Bush than under Clinton, and overall growth since 2003 is largely the result of the huge housing boom, which has more to do with low interest rates than with taxes. But the biggest irony of all is that the real boom -- the one in the 1990s -- followed tax changes that were the reverse of Bush's policies. Clinton raised taxes on the rich, and the economy prospered.
A generation ago the distribution of income in the United States didn't look all that different from that of other advanced countries. We had more poverty, largely because of the unresolved legacy of slavery. But the gap between the economic elite and the middle class was no larger in America than it was in Europe.
Today, we're completely out of line with other advanced countries. The share of income received by the top 0.1 percent of Americans is twice the share received by the corresponding group in Britain, and three times the share in France. These days, to find societies as unequal as the United States you have to look beyond the advanced world, to Latin America. And if that comparison doesn't frighten you, it should.
The social and economic failure of Latin America is one of history's great tragedies. Our southern neighbors started out with natural and human resources at least as favorable for economic development as those in the United States. Yet over the course of the past two centuries, they fell steadily behind. Economic historians such as Kenneth Sokoloff of UCLA think they know why: Latin America got caught in an inequality trap. For historical reasons -- the kind of crops they grew, the elitist policies of colonial Spain -- Latin American societies started out with much more inequality than the societies of North America. But this inequality persisted, Sokoloff writes, because elites were able to "institutionalize an unequal distribution of political power" and to "use that greater influence to establish rules, laws and other government policies that advantaged members of the elite relative to non-members." Rather than making land available to small farmers, as the United States did with the Homestead Act, Latin American governments tended to give large blocks of public lands to people with the right connections. They also shortchanged basic education -- condemning millions to illiteracy. The result, Sokoloff notes, was "persistence over time of the high degree of inequality." This sharp inequality, in turn, doomed the economies of Latin America: Many talented people never got a chance to rise to their full potential, simply because they were born into the wrong class.
In addition, the statistical evidence shows, unequal societies tend to be corrupt societies. When there are huge disparities in wealth, the rich have both the motive and the means to corrupt the system on their behalf. In The New Industrial State, published in 1967, John Kenneth Galbraith dismissed any concern that corporate executives might exploit their position for personal gain, insisting that group decision-making would enforce "a high standard of personal honesty." But in recent years, the sheer amount of money paid to executives who are perceived as successful has overridden the restraints that Galbraith believed would control executive greed. Today, a top executive who pumps up his company's stock price by faking high profits can walk away with vast wealth even if the company later collapses, and the small chance he faces of going to jail isn't an effective deterrent. What's more, the group decision-making that Galbraith thought would prevent personal corruption doesn't work if everyone in the group can be bought off with a piece of the spoils -- which is more or less what happened at Enron. It is also what happens in Congress, when corporations share the spoils with our elected representatives in the form of generous campaign contributions and lucrative lobbying jobs.
As the past six years demonstrate, such political corruption only worsens as economic inequality rises. Indeed, the gap between rich and poor doesn't just mean that few Americans share in the benefits of economic growth -- it also undermines the sense of shared experience that binds us together as a nation. "Trust is based upon the belief that we are all in this together, part of a 'moral community,' " writes Eric Uslaner, a political scientist at the University of Maryland who has studied the effects of inequality on trust. "It is tough to convince people in a highly stratified society that the rich and the poor share common values, much less a common fate."
In the end, the effects of our growing economic inequality go far beyond dollars and cents. This, ultimately, is the most pressing question we face as a society today: Will the United States go down the path that Latin America followed -- one that leads to ever-growing disparity in political power as well as in income? The United States doesn't have Third World levels of economic inequality -- yet. But it is not hard to foresee, in the current state of our political and economic scene, the outline of a transformation into a permanently unequal society -- one that locks in and perpetuates the drastic economic polarization that is already dangerously far advanced.
From some writer on the Lew Rockwell site: "Capitalism has brought opulence to everyone all the time; The real question is if the modern consumer is equipped to handle the responsibilities of abundance?"
In a nutshell, this is what is deadly wrong with Libertarianism.
Those in it don't know the difference between capitalism and free enterprise.See, it's just another misguided worship of materialism; Darwinism personified.
For the umpteenth time - capitalism is the concentration of capital IN THE HANDS OF A FEW.but what Chavez of Venezuela says about the U.S. government is true whereas what the U.S. government says about Chavez is not.
Actually, it's been this way between the U.S. government and other nations at least since the end of WW2 and the conversion of the
OSS into the CIA, if not earlier. The U.S. government, main "kneecapper" for global economic controllers, has been responsible for assassinations
of heads of state all over the globe. And for installing it's own CIA creations as heads of state such as Sadam, the Shah of Iran, two in succession in
Nicaragua, the present prostitutes in Kosovo and Ukraine, etc. More than the American public can fathom. And for profit reasons of the few, not for
any "democratic" day dreams. For a nation which has always prided itself on its open government to, instead, put up with the likes of "off the books" global
banker demanded unlawfulness like the CIA, NSA, the phony "Homeland Security," FEMA
(which is a dictatorship at the ready to take over militarily under "emergency" situations), today's FBI, secret courts, etc. - all in the very
phony name of "national security" - is nothing short of insane.
Some of these organizations were created by outlaw congresses and some simply by equally outlaw executive fiat.
The fact that the American people never mandated any of these powers to their governmental divisions is never raised.
Because to make the people aware of this situation is to make them aware that we are governed by an outlaw fascist oligarchy, not by any
so-called "democratic processes." Chavez is correct. Bush, because of his ignorance of almost everything except his third tier family's
knowledge of misusing illicit power, is truly the world's most dangerous man at the moment.
Without ethics - or even any concept of a pretense of ethics - he is capable of anything whatsoever without the mental power to
understand the ultimate consequences of actions he puts into motion. He is as an armed nuclear bomb rolling around loose on the deck
of a tossing ship. Unless our military finally deposes him for the good of the country and the world he will remain the true terror of the world.
That is not a good solution but it appears at this point to be the only feasible one.
Tony B.
11/ 28 / 2005
American Free Press is hyping up impeachment of Bush and Cheney. Sounds okay . . .
but wait . . .
better make that Cheney and Bush.
Cheney first. It's bad enough to have a mindless parrot at the helm of government
but much worse to have the pirate who teaches his dirty words to the parrot in that position.
Remember, when a Rockefeller wanted to be president he got rid of Agnew first, THEN Nixon.
(Unfortunately for him, the unelected buffoon, Ford, didn't get shot dead.)
And who would be the replacement for B & C should they actually be impeached and removed from office?
Hastert? Does AFP really want Hastert in that office? I don't. I don't want any of the establishment prostitutes.
I don't want them in the offices they're already in.
Here's a better idea.
1. In case of any vacant elective office in the federal government, have brought to D.C. current phone books covering every hamlet in the nation. The CIA probably already has them dating back 20 years or so.
2. Pile them in a single pile at some convenient spot on the D.C. mall.
3. Have 50 front end loaders (one for each state) dig into the pile and scoop up one bucket each of the books, dumping them each into a separate dumpster.
4. Round up 50 street niggers and have each one pick a single phone book from a dumpster, putting them all in a single pile.
5. Have a legally blind street nigger rummage through the pile, picking up one book.
6. Lastly, have one more street nigger, so strung out on crack he is conscious of nothing going on around him, fumble through that book and finally bring his finger to rest on a single name.
7. Install the person behind that name in the vacant office.
This will instantly guarantee about a two million percent advance in the quality of government
as all those who are connected to money, big media and politics are "too good" to have their names in phone books. And, thankfully, cell phones won't count.
Those who pay to keep their names out of phone books because they don't like to be bothered will have their reward. They won't be bothered to run the country either.
Those who don't own phones for whatever reason, such as living on the street, or in prison, never get a break anyway, so what's the difference?
Far fewer will be "disenfranchised" this way than are with the present voting laws. Today we get to vote almost exclusively for the puppets of two private elitist clubs.
My proposed way, everyone in the phone book has a shot. And Jessie Jackson and that other loud-mouthed weirdo with the slicked back hair will have no bitch about the black vote not counting.
Tony B.
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