Sat-Jul 24 2010
Oligarchies are Kleptocracies with Better P.R.
"Political elites don't even feel compelled to pretend to be able or willing to do anything about this. Just think about this: on Monday, the Post documents a vast Secret Government bequeathed with unimaginable secrecy and unaccountability, and the rest of the week is filled with stories of the administration's blocking greater oversight and plans to escalate the privitization of our National Security and Surveillance State. That's why there was so little government angst over the Post's "revelations": aside from the fact that it revealed little that wasn't already known (Priest and Arkin withheld substantial amounts of information at the Government's request), even the impact of having the Post trumpet these facts was not a threat to much of anything, since there's nobody in a position to do much about this even if they wanted to. And few people seem to want to.
It's not hard to understand why. Why would the political class possibly want to subvert or weaken their ability to exercise vast spying, detention, and military powers in the dark? They don't. Beyond that, as the Post series highlights, Top Secret America provides not only the ability to exercise vast power with no accountability, but also enables the transfer of massive amounts of public wealth to the private national security and surveillance corporations which own the Government. Very few people with political power have the incentive to do anything about that. It's probably best not to hold your breath waiting for Dianne Feinstein -- the Democratic Chairwoman of the Senate Intelligence Committee who lives in lavish wealth as a result of her husband's investments in the National Security State (and whose Senate career has a way of oh-so-coincidentally bolstering their wealth) -- to meaningfully address any of the issues raised by the Post series. Despite Feinstein's rhetoric to the contrary, doing so is decidedly not in her interests for multiple reasons.
What ties together virtually every political issue is the one highlighted in this new article in The Nation by Vermont Sen. Bernie Sanders. Entitled "No to Oligarchy," it documents with an array of facts how America's wealth is rapidly becoming more concentrated in a tiny number of families while the middle class essentially disappears. As Sanders emphasizes, the outcome is not only the destruction of the "American dream," but serious threats to the very concept of a republican form of government:
Today, because of stagnating wages and higher costs for basic necessities, the average two-wage-earner family has less disposable income than a one-wage-earner family did a generation ago. The average American today is underpaid, overworked and stressed out as to what the future will bring for his or her children. For many, the American dream has become a nightmare.
But, not everybody is hurting. While the middle class disappears and poverty increases the wealthiest people in our country are not only doing extremely well, they are using their wealth and political power to protect and expand their very privileged status at the expense of everyone else. This upper-crust of extremely wealthy families are hell-bent on destroying the democratic vision of a strong middle-class which has made the United States the envy of the world. In its place they are determined to create an oligarchy in which a small number of families control the economic and political life of our country.
The 400 richest families in America, who saw their wealth increase by some $400 billion during the Bush years, have now accumulated $1.27 trillion in wealth. Four hundred families! During the last fifteen years, while these enormously rich people became much richer their effective tax rates were slashed almost in half. While the highest-paid 400 Americans had an average income of $345 million in 2007, as a result of Bush tax policy they now pay an effective tax rate of 16.6 percent, the lowest on record.
Last year, the top twenty-five hedge fund managers made a combined $25 billion but because of tax policy their lobbyists helped write, they pay a lower effective tax rate than many teachers, nurses and police officers. As a result of tax havens in the Cayman Islands, Bermuda and elsewhere, the wealthy and large corporations are evading some $100 billion a year in U.S. taxes. . . .
But it's not just wealthy individuals who grotesquely manipulate the system for their benefit. It's the multinational corporations they own and control. In 2009, Exxon Mobil, the most profitable corporation in history made $19 billion in profits and not only paid no federal income tax—they actually received a $156 million refund from the government. In 2005, one out of every four large corporations in the United States paid no federal income taxes while earning $1.1 trillion in revenue.
[Quick: look over there at Pakistan, exclaims The New York Times: "Pakistan's Elite Pay Few Taxes, Widening Gap"]. Sanders quotes Teddy Roosevelt in 1910 explaining why a graduated estate tax was not only economically just but -- more important -- crucial to maintaining basic democratic values:
The absence of effective state, and, especially, national restraint upon unfair money-getting has tended to create a small class of enormously wealthy and economically powerful men, whose chief object is to hold and increase their power. The prime need is to change the conditions which enable these men to accumulate power which is not for the general welfare that they should hold or exercise.
What was once a word that only the most UnSerious of people would utter as applied to the U.S. -- "oligarchy" -- is today one that can't be avoided if one wants accurately to describe our political culture. Sanders warns of an "oligarchy in which a handful of wealthy and powerful families control the destiny of our nation." The second-ranking Senate Democrat, Dick Durbin, extraordinarily confessed last year that it is Wall Street banks which "frankly own" the Congress. In virtually every area, the subservience of Government to large business interests is so complete that it's impossible to find the line where government ends and corporate power begins. It's a full-scale merger. That's the central fact of our political life. Most everything else is a distraction."
Why has the Post series created so little reaction?
Wed-Jul 21 2010
Tue-Jul 20 2010
Dick Cheney doesn't have a pulse
Dick Cheney doesn't have a pulse - It's ALIVE! - Twitter Mon, 19 Jul 2010 19:58:55
Tweet 18966377015
Thu-Jul 15 2010
Sun-Jul 11 2010
Fri-Jul 09 2010
Thu-Jul 08 2010
The Golden Rule
"I just wanted to review the contemporary rules governing the Rule of Law in the U.S.:
* If you torture people or eavesdrop on Americans without the warrants required by the criminal law, you receive Look-Forward Imperial Immunity.
* If you shoot and kill unarmed rescuers of the wounded while occupying their country and severely wound their unarmed children sitting in a van -- or if you authorize that conduct -- your actions are commended.
* If you help wreck the world economy with fraud and cause hundreds of millions of people untold suffering, you collect tens of millions of dollars in bonuses.
* If you disclose to the world evidence of war crimes, government lawbreaking, or serious corruption, or otherwise embarrass the U.S., you will be swiftly prosecuted to the fullest extent of the law and face decades in prison."
Rules of America's rule of law
Tue-Jun 29 2010
Sun-Jun 20 2010
Fri-Jun 18 2010
Thu-Jun 17 2010
Fri-Jun 11 2010
And They Wonder Why People Don't Vote
"What's going on here couldn't be clearer if the DNC
produced neon signs explaining it. Blanche Lincoln and her
corporatist/centrist Senate-friends aren't some unfortunate outliers in
the Democratic Party. They are the Democratic
Party. The outliers are the progressives. The reason the Obama
White House did nothing when Lincoln sabotaged the public option isn't because
they had no leverage to punish her if she was doing things they disliked.
It was because she was doing exactly what the White House
and the Party wanted.
The same is true
when she voted for Bush/Cheney Terrorism policies, serves every corporate
interest around, and impedes progressive legislation. Lincoln doesn't
prevent the Democratic Party from doing and being what it wishes it could do and
be. She enables the Party to do and be exactly what it is, what it wants
to be, what serves its interests most. That's why they support her so
vigorously and ensured her victory: the Blanche Lincolns of the
world are the heart, soul and face of the national Democratic
Party. "
I'm done voting for the lesser of two evils.
The Democratic Party and Blanche Lincoln
Via
Wed-Jun 09 2010
Tue-Jun 08 2010
RT @BPGlobalPR: Safety is our primary concern. Well, profits, then safety. Oh, no- profits, image, then safety, but still- it's right up ...
RT @BPGlobalPR Safety is our primary concern. Well, profits, then safety. Oh, no- profits, image, then safety, but still- it's right up ... Twitter Mon, 07 Jun 2010 18:39:56
Tweet 15675921336
Thu-Jun 03 2010
GWB is on Facebook. Where's the FUCK YOU button?
GWB is on Facebook. Where's the FUCK YOU button? Twitter Thu, 03 Jun 2010 16:07:46
Tweet 15335194357
Mon-May 31 2010
RT @ioerror: OH: "It's not Obama's Katrina; it's Big Oil's Chernobyl."
RT @ioerror OH: "It's not Obama's Katrina; it's Big Oil's Chernobyl." Twitter Mon, 31 May 2010 13:04:33
Tweet 15131943290
Sun-May 23 2010
Fri-May 21 2010
Was Rand Paul named after Ayn?
Was Rand Paul named after Ayn? Twitter Fri, 21 May 2010 07:32:15
Tweet 14435238976
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