The greatest threat
to the lives, safety, and welfare of Americans in not Taliban or al Qaeda
terrorists, but the top 1% of wealthy Americans who are doing everything their
money can buy to further the ignorance of Americans. Their interest is totally self serving and aimed at keeping
political reins on any and all politicians that might derail their quest for
more and more wealth for themselves and their families. These people are not satisfied with the
reality that while they constitute 1 percent of the population, they control 40
percent of the wealth. Altogether, the top 20 percent of Americans have 93
percent of all of the wealth in America.
When one mentions this fact, those having this disproportionate share of
American wealth cry class warfare.
Unfortunately for 80 percent of Americans, this is no longer class
warfare as the war is over and 80 percent of Americans lost that war. If you wonder why there are no jobs, you
only have to look at the CEOs. Today,
on average, CEOs earn 531 times the pay of average hourly workers. That is an increase up from 42 times the
average hourly worker’s pay in 1980.
Rather than calling this envy, consider the fact that there is only so
much money available for payroll and if such a disproportionate share is going
to a few CEOs, what does that leave for other employees? To make matters worse, when CEOs cannot squeeze enough concessions from domestic employees, they ship jobs off shore where they can "buy" cheaper labor and pay themselves an even larger share of the payroll. Here is the number one reason the country is
still in recession. The average worker
is barely able to keep up with inflation while the top 1 percent have tripled
their income. The problem with this is very simple. There are not enough consumers in the top 1 percent to grow the
economy. If everyone in the top 1
percent purchased a new car each and every month of the year there would not be
enough demand to start another shift at the car factories. While the richest 400 people have more
wealth than the bottom 155 million people, the richest 400 cannot create
anywhere the demand needed to reverse a recession. Not satisfied with “almost having it all”, these people are now
using their wealth to buy politicians who will continue to enact legislation
that breeds inequality. They have
succeeded in convincing too many Americans that people employed by government
do not deserve their jobs. They have
convinced Americans who would never have to pay a cent in inheritance tax to
push for repeal of “the death tax” which would only affect them. The wealthy 1 percent have financed the Tea
Party, (Taxed Enough Already), who presently enjoy the lowest tax rates in
recent times, that taxes are too high and government spends too much (except for
defense!). Rather than recognizing that
a recession is caused by a lack of spending or making it known that when
spending drops off in the private sector, only government can spend
sufficiently to prevent or reverse an economic downturn, the top 1 percent and
their puppets in political office, on talk radio, or on FOX TV spin lie that
the problem in America is too much government and too much government
spending. All the while, America has
fallen behind in educating American children in math, reading, and science and
lags behind many other countries in percent of citizens graduating from
college. Today, America is only number
1 in percentage of citizens incarcerated in penal institutions. Unfortunately, we are not getting smarter
but more ignorant. The country has
failed to learn that a President with “business experience” is, in part, the
cause of today’s unemployment, deficit, and recession. There is a very good chance that the next
President will be elected because less than 400 people contributed up enough
money to convince 51 percent of people going to the polls that they would be
better off if the wealthy kept more of their already inflated income. These 400 people do not
need nor will they ever need government to do anything but buy the products and
services from their companies and not spend a dime on anything else. They send their children to private schools
so they do not need public education.
They can afford tuition for their children at the most expensive
universities so they do not need low cost student loans or lower tuition at
state colleges and universities. They
live in gated communities protected by private security so have little or no
need for police protection. And, if you
are the average citizen getting your news from Rush, Glen, or Fox you will
listen to their line of bullshit and vote to give them more while giving
yourself less. That, my friend, is what
I call stupid. That is what most would
call ignorance.
No comments:
Post a Comment