Why we are so pissed off……..

I don’t know why so many in the media are too dense to understand why people are so pissed off and deciding to occupy Wall Street.  It is very simple. The banking industry has been playing craps with our money and a fixed roll of dice.

Our own government provides documentation of the unfairness of our system.The CIA World Fact Book is a wonderful compendium of information. They publish an index that measures the degree of inequality in the distribution of family income in a country.  According to our government’s own figures, the United States is more unequal a society than either Tunisia or Egypt.

(When you read the chart, remember that the bigger the GINI index the more unequal a country’s income distribution).

Somehow, the news people “get” the frustrations of the people in the streets of Egypt but want to hold their heads in the sand about the frustration driving protests here.I avoid tv news now….it just makes me want to stick pins into voodoo dolls.


Some more depressing figures…..

The 400 wealthiest Americans have a greater combined net worth than the bottom 150 million Americans.

The top 1 percent of Americans possess more wealth than the entire bottom 90 percent.

In the Bush expansion from 2002 to 2007, 65 percent of economic gains went to the richest 1 percent.

We have allowed the mis-regulated financial system lead us toward catastrophe. And adding insult to injury, today it is reported that Citigroup Earnings Rise 74% to $3.8 Billion!

At this point I’m ready for Dylan Ratigan to run for president…..at least he is in tune.  Watch this video:


The Inquisitive Skink

opened my mouth again (actually ran my fingers on the keyboard)

Well have you ever “over-commented” back on a string on Facebook?  You feel sheepish afterwards but just had to say it…..

Just did it.  Thought about deleting…..rewording….oops too late.  Its not that I don’t believe in what I said, its just that I shot a cannonball against a fly.

I won’t divulge the chain leading up to it, and here is my post……like I said, I believe what I say but I should have saved it for elsewhere.  Like here.

Never claimed to be smart.

Comment

re: the racism comments: Wouldn’t it be better if we sought common ground?   Jeff at least admitted that their might be some racism leaking out…..a rarity… and there is often no admission or recognition of the racism that has the face of a patronizing attitude. What Jeff expressed is what is broadly taught about the poor and those that receive government aid.  The truth is too inconvenient.

When you work with people at or below poverty level as often as I have day in and day out you are well aware of the racism in this society . What we are even more aware of is how much pain is inflicted upon the poor by the immediate polarization and name calling the right and the left resort to on issues that are really life and death for many people.  I’m sick of it.

An underclass has been required by our economic and political structure for many years.  Ever since Ronald Reagan made up the story about a Chicago welfare queen ripping off 150 thousand dollars and driving a Cadillac this urban legend fulfilled a craving by the non-poor to be able to look away without seeing. No matter that the story was proven to be totally false.

Ever since, somehow a mom with three kids to feed is worthy of scorn for receiving aid even though we glorify and promote an Ameican dream out of getting rich quick (so you can be lazy and do nothing) …often on the public dole via sweet deals in the banking, mortgage, military and other industries, or by flipping property, or any other get something for nothing scheme. Do any of you out there claim you have not dreamed this dream and attempted to find some way get on easy street?

Insert into this dream-scape someone who hasn’t got a job and has no milk in the fridge for their kids to drink in the morning and a disconnect notice on their electric bill (for what ever reason and I swear it is not always due to laziness or lack of foresight….middle-class and upper-class folks have more than their fair share of laziness and lack of foresight, btw) well many a person who is broke is going to feel totally stupid to not take up what looks like the best deal available.  And often it is the only choice available.

Our courts have recently decided that corporations have the same rights as a person.  They also ruled that money has equal treatment as speech.  It is not just the poor who are not equally spoken for anymore.  We are not a republic any longer, nor a democracy. We are a corporatocracy.  We had a revolution accomplished without a shot fired….it was handed to them on a plate. The immediate polarization resorted to in this comment chain is what allowed corporatocracy to assert itself and is what has killed the spirits of many beautiful people.  If we don’t start seeking common ground now, not later, than we have killed our own hopes.

The Inquisitive Skink

The Silent Depression

United for a Fair Economy has published State of the Dream 2009: The Silent Depression. There is no creativity in direct quotes but since my time is very limited today, this is the background they give in describing this report:

“While the general population has been in recession for one year, people of color have been in recession for five years. By definition, a long-term recession is a depression.

We detail additional evidence that shows the current racial economic inequity, including poverty rates, wealth and assets and economic mobility. While racial barriers did not prevent an African-American from becoming President, they continue to impede many people of color from achieving the same economic success as their white counterparts.”

Check it out at: http://www.faireconomy.org/news/state_of_the_dream_2009_the_silent_depression

Overall, 24% of Blacks and 21% of Latinos are in poverty, versus 8% of whites. I hope that we do not choose to remain blind to issues of race simply because we have elected President Obama. Painful issues are still there, obviously.

The Inquisitive Skink