Tag Archives: income inequality

Activists Face Enormous Challenges

Corporations_ate_my_Baby?! What? Huh? (a Facebook posting)

I started being "Corp" in 2004 on mySpace. We were the first really active daily politics bloggers and post-monkeys on MySpace when it first started.  It was a trip! Thousands of like minded people all finding one another and posting about everything from climate change to 9/11 theories. Those were the days. We all met each other then too. We organized and marched against Bush policies.  People also hooked up like crazy. There are a lot of mySpace babies going into 4th and 5th grade this year.
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I went onto other sites like Tumblr, WordPress and YouTube to try my activism there. Ultimately I got swept into Facebook where I had a private profile with over 2000 daily readers.  Then they had their pre-IPO massacre and my profile was nuked.

Today I have 733 "Likes" on a "fan page" or whatever this is... which "reaches" 1,700 people a day and I try my best to post stuff that shows the progress we make and the stupidity on the other side.   But it's not the same as the old days. We all know that. FB controls and limits us in comparison to "MySpace Tom" - and while the various "politics groups" are fun, they are nowhere near as intense as the old blogs were.
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In many ways, socially the western world is better than it ever was before.   We are less brutal, more scientific... and better at meeting basic needs. In other ways things are worse than the Gilded age.   Those who don't have, suffer horribly.  Their children cannot break out of poverty... and if they are not pink-skinned, their lives are worth less and they often die horribly.   Humans of all hues are not doing what is required to stop the super-heating of our globe.  Things are going to be terrible for a lot of humans in the future.  I feel terrible for letting my great-grandchildren/nieces/nephews/cousins down.
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Things are going to get worse-- and one day they will get bad enough to where we organize and chop the heads off of the "ruling class" (oligarchs.)  I wish we could just be civilized about it... but... money.   Corporations_ate_our_Civil_Options.

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Filed under A New System, Alternative Energy, Authoritarianism, Citizens United, Climate Change, Conservative Thought, Corporate Crimes, Deadly Pollution, Dogma, Envoronment, Facebook, Fascism, Health, History, Liberal Thought, Liberalism, Militarism, Misogyny, Nativism, News about Corp, Plutocracy, Racism, Rational Thought, Religious Fundamentalism, Religious hate, Renewables, See and Stop the Oligarchs, Social Justice, The 1%, The 99%, U.S. Politics, World Politics

Talk to the Lizard (link)

^ A poem about our current fiscal and political circumstances…link above.

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June 11, 2013 · 7:22 PM

Fix income inequality with $10 million loans for everyone!

By Sheila Bair, Originally Published: April 13, 2012

Are you concerned about growing income inequality in America? Are you resentful of all that wealth concentrated in the 1 percent? I’ve got the perfect solution, a modest proposal that involves just a small adjustment in the Federal Reserve’s easy monetary policy. Best of all, it will mean that none of us have to work for a living anymore.

For several years now, the Fed has been making money available to the financial sector at near-zero interest rates. Big banks and hedge funds, among others, have taken this cheap money and invested it in securities with high yields. This type of profit-making, called the “carry trade,” has been enormously profitable for them.

So why not let everyone participate?

Under my plan, each American household could borrow $10 million from the Fed at zero interest. The more conservative among us can take that money and buy 10-year Treasury bonds. At the current 2 percent annual interest rate, we can pocket a nice $200,000 a year to live on. The more adventuresome can buy 10-year Greek debt at 21 percent, for an annual income of $2.1 million. Or if Greece is a little too risky for you, go with Portugal, at about 12 percent, or $1.2 million dollars a year. (No sense in getting greedy.)

continued here:

http://www.washingtonpost.com/opinions/fix-income-inequality-with-10-million-loans-for-everyone/2012/04/13/gIQATUQAFT_story.html
 
See more at the Rockford Register Star with an amazing chart by Pat Cunningham:
 
http://blogs.e-rockford.com/applesauce/tag/income-disparity/
 
link to this blog post:
http://wp.me/pqMgr-4O

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Filed under A New System, Conservative Thought, Corporate Crimes, The 1%, The 99%, U.S. Politics, World Politics