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Corbyn Says ISIS Partly Created by Western Intervention | nsnbc international - 0 views

  • Jeremy Corbyn delivered his uncompromising stance on Western warmongering from the back of a London taxi last week. As the cab raced through the streets of the capital, the new Labour leader revealed his vision for an ethical foreign policy in his 17-minute interview with Middle East Eye.
  • Asked how he would deal with ISIS, the anti-war campaigner was uncompromising. “ISIS (a.k.a. ISIL & Daesh, edt.) didn’t come from nowhere, they’ve got a lot of money that’s come from somewhere. They have a huge supply of arms that have come from somewhere and they are, not in total but in part, a creation of western interventions in the region,” he said. According to Corbyn, he would deal with the terror group by economically isolating its members. He says he would attempt to unite other groups in the region and stressed the importance of supporting autonomy for Kurdish groups. On the rise of ISIS, he pointed to the vast amount of arms that Britain sells, particularly to Saudi Arabia, declaring they must have ended up somewhere and are now being used. Corbyn was vehemently opposed to the 2013 Parliamentary vote on military intervention in Syria and remains adamant that bombing the country now would create more mayhem. He told Middle East Eye it would be very unclear who the alliances would be with.
  • On the region in general, he referred to Israel and Palestine as a massive issue. Unlike his British counterparts, he expressed grave concern at the illegal Israeli settlements, military occupation of the West Bank, and lack of reconstruction in Gaza. Praising the recent agreement with Iran, he said he wished it had included the issue of human rights,
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  • On Britain’s relationship with Saudi Arabia, Corbyn expressed concern on what he referred to as a “huge number of issues,” naming the treatment of women, the frequent use of the death penalty — including public beheadings — and the treatment of migrant workers. At a recent Parliamentary debate, Corbyn raised the question of whether British arms sales to Saudi Arabia are more important than genuine concerns about human rights. Most of us already know the answer to this question. “We need to be a constant irritant on human rights,” he said. Asked how Britain can make itself safer, both at home and abroad, Corbyn was frank: “We make ourselves safer by not being part of U.S. foreign policy at every single turn. And we become a force for human rights rather than military intervention.”
  • Describing what an ethical foreign policy under a Corbyn-lead British government would look like, he said, “My basis would be that I want to see the protection and preservation of human rights around the world, deal with issues of global hunger and global inequality, and the environmental disaster that is facing this planet.” He added, “I think that should be the basis rather than what it is at the moment which seems to be to see what the White House wants, and how we can deliver it for them.”
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    Sounds like things will be different in the UK when the new PM, Jeremy Corbyn, takes office. Query, does this make him a legitimate target for U.S. drone attack?
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Imagery and Empire: Understanding the Western Fear of Arab and Muslim Terrorists | Glob... - 0 views

  • Seven out of the top ten countries afflicted by terrorist attacks are predominately Muslim, according to the Australia-headquartered Institute for Economics and Peace’s Global Terrorism Index for 2014, which is based on the University of Maryland’s meta-analytic Global Terrorism Database. Using a maximum value of ten and a minimum value of zero, the entire international community is systematically ranked. Although the definition of terrorist incidents in the University of Maryland’s Global Terrorism Database can definitely be debated over, important inferences can be made from its data sets and the Institute for Economics and Peace’s Global Terrorism Index. Several key features can be noticed, if readers look at the nature and identities of the perpetrators of what is classified as acts of terrorism among the top thirty countries in the Global Terrorism Index for 2014. The first feature is that the violence generated from the ascribed terrorist groups falls within the framework of insurrections and civil wars that are generally equated as acts of terrorism. For example, this is the case for countries like Somalia, the Philippines, Thailand, Colombia, Turkey, Mali, the Democratic Republic of Congo, and Nepal, which are respectively ranked seventh, ninth, tenth, sixteenth, seventeenth, twenty-second, and twenty-fourth place. Under closer examination several of these insurgencies can be tied to international rivalries and power plays by the US and its allies. This becomes obvious when more observations are made.
  • The second feature is that the majority of the cases of terrorism in the indexed countries, especially the higher ranked they are on the list, are connected to Washington’s direct or indirect interference in their affair. For example, this is the case for Iraq, NATO-garrisoned Afghanistan, Pakistan, Syria, Somalia, Yemen, Russia, Lebanon, Libya, the Democratic Republic of Congo, Sudan, South Sudan, China, and Iran, which are respectively ranked first, second, third, fifth, seventh, eighth, eleventh, fourteenth, fifteenth, eighteenth, nineteenth, twentieth, twenty-fifth, and twenty-eighth. US-led wars, Pentagon interventions, US-backed coups, or US government support for so-called «opposition» groups or proxy regimes have all been a basis for the affliction of terrorism in these countries. Out of the above countries, according to the Global Terrorism Index, 82% of global deaths that are assigned to acts of terrorism happen in NATO-garrisoned Afghanistan, Iraq, Pakistan, Syria, and Nigeria. The ties to US foreign policy should be clear.
  • It has been claimed that if all terrorists are not Arabs or Muslims, that most terrorists are Arabs or Muslims. Is this true or another myth? An empirical look at data compiled in the US and Europe will help answer this question. In the US, which is ranked thirtieth in the Global Terrorism Index for 2014, the majority of terrorists are not Muslims and are non-Muslims according to the Federal Bureau of Investigation (FBI). Inside the US, 6% of terrorist cases from 1980 to 2005 were committed by Muslim terrorists. [1] The other 94% of terrorism cases and terrorists — in other words, the vast majority — were not related to Arabs, Muslims, or Islam. [2] While the FBI’s methodology on what is a terrorist attack and what is not a terrorist attack is questionable, it will be accepted herein for arguments sake. According to the same FBI report, there were actually more terrorist attacks launched by Jews from 1980 to 2005 on US soil. The same FBI data was compiled by the Princeton University-linked webpage loonwatch.com in a chart that describes the breakdown of cases of terrorist attacks on US soil from 1980 to 2005 as follows: 42% Hispanic terrorism; 24% extreme left-wing group terrorism; 16% other types of terrorists that do not fit into the other main categories; 7% Jewish terrorists; 6% Muslim terrorists; and 5% communist terrorists. [3] While Muslim terrorists comprised 6% of the attacks on US soil from 1980 to 2005, Jewish terrorists and Hispanic terrorists respectively comprised 7% and 42% of the terrorist attacks in the US during the same period. There, however, is no fear mongering about Jews or Hispanic people. The same media and government focus is not given to them as is given to ethnic Arabs and Muslims.
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  • Illusions are at work in the world. The truth has been turned on its head. The victims are being portrayed as the perpetrators. Whether stated candidly, implied, or unmentioned, the notion of Arabs and Muslims as savages and terrorists plays on the imagery that the so-called Western World embodies equality, freedom, choice, civilization, tolerance, progress, and modernity whereas the so-called Arab-Muslim World underneath its surface represents inequality, restrictions, tyranny, a lack of choices, savagery, intolerance, backwardness, and primitiveness. This imagery actually serves to de-politize the political nature of tensions. It sanitizes the actions of empire, from coercive diplomacy with Iran and support for regime change in Syria to the invasions of Afghanistan and Iraq and US military intervention in Somalia, Yemen, and Libya. As mentioned earlier, in varying degrees, this imagery extends to other places that are seen by US Orientalists as non-Western places or entities, like Russia and China. At its roots, this imagery is really part of a discourse that sustains a system of power that allows power to be practiced by an empire over «outsiders» and against its own citizens. It is because of US foreign policy and economic interests that Arabs and Muslims are unempirically portrayed as terrorists while real world data that shows that US intervention is creating terrorism is ignored. This is why there is a fixation on the attack on Parliament Hill in Canada, the Martin Place hostage crisis in Sydney, and the Charlie Hebdo attack in Paris, but US, Canadian, Australian, and French governmental support for terrorism that has cost tens of thousands of lives in Syria is ignored.
  • There is a huge disparity in who is causing and committing terrorism and who is being victimized and blamed for it. Despite the overwhelming facts, whenever Arabs or Muslims commit crimes and acts of terrorism, they are the individuals that are focused on whereas non-Arabs and non-Muslims are ignored. If it does acknowledge that Muslims are the biggest victims of terrorism, Orientalism still manages to assess some guilt to the victims of terrorism by tacitly portraying them as members of a savage community or society that are as much prone to facing a violent end as animals in a jungle.
  • The same pattern repeats itself in the European Union. Loonwatch.com also compiles data on terrorism in the European Union from the reports of the European Union’s European Police Office (Europol) from 2007, 2008, and 2009 in its annual EU Terrorism Situation and Trend Reports. [4] The data further distances Muslims from terrorist acts. 99.6% of the terrorist attacks in the European Union were committed by non-Muslims. [5] The number of failed, foiled, or successful terrorist attacks by Muslims in the EU from 2007 to 2009 was simply five attacks whereas the number of terrorist attacks by separatist groups was 1,352 attacks, which equates to approximately 85% of all terrorist incidents in the European Union. [6] According to Europol, the number of failed, foiled, or successful terrorist attacks by so-called left-wing groups was 104 while another 52 attacks were categorized as non-specific. [7] In the same period, two attacks were attributed to so-called right-wing groups by Europol. [8]
  • It has been claimed that if all terrorists are not Arabs or Muslims, that most terrorists are Arabs or Muslims. Is this true or another myth? An empirical look at data compiled in the US and Europe will help answer this question.
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    Very interesting statistics that depart from the common American belief. Note that the stats do not include "terrorism" inflicted by U.S. or foreign government military forces. But all wars produce terror far beyond the wildest capabilities of individual "terrorists."
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Why capitalism can't meet human needs - 0 views

  • This crisis began when the housing bubble burst. Capitalist banks were lending money to profit-seeking real estate developers to build houses. The same banks were lending money to mortgage companies to make as many loans as they could. The goal was to boost profits. Soon there were more houses than the workers and the middle class could buy. The prices of homes fell. Mortgages could not be refinanced. Workers could not pay the steep increases in interest rates built into their loans. Banks stopped lending. Millions of households went into foreclosure. Put simply, people became homeless because there were too many houses! Not too many houses that were needed or already here, but too many houses that can be sold at a profit. Furthermore, the workers who build homes and all the workers who make the things that go into homes are losing their jobs because these homes can no longer be sold at a profit. That is the essence of all the capitalist crises that have occurred since the first crisis in 1825. It is the crisis of overproduction.
  • Now the crisis of overproduction is sweeping the auto industry. From the auto industry and the housing industry it is spreading throughout the economy. The stock markets are plummeting because the financial bailouts, the pumping of trillions of dollars into the banks, cannot stop the capitalist economic crisis.
  • Profits consist of unpaid labor.
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  • Under the system of capitalist exploitation wealth flows to the top, and the level of inequality is obscene.
  • the super-rich who have all the levers of power in society, owned 34.3 percent of the wealth in 2004.
  • Racism and national oppression
  • distribution of wealth under capitalism
  • the median wealth (that is, savings and other assets) of households by race in 2004 was $140,700 for whites, $20,600 for African Americans and $18,600 for Latin@s
  • Oppression and economic discrimination also fall on women and lesbian, gay, bi and trans people under capitalism
  • sex and gender bias as a way to divide and conquer.
  • A system in which people are homeless because there are too many homes must go
  • How else could 1 percent of the population dominate the workers and oppressed
  • As the present crisis engulfs wider and wider sections of the workers, the potential for bringing about that unity is growing stronger.
  • The Pentagon is nothing more than an enforcer for U.S. capitalism
  • The growing witch-hunt against undocumented workers has the same poisonous, divisive goal.
  • in which workers are losing their jobs and being plunged into poverty because they have produced too much wealth
  • which cannot provide jobs and education but imprisons 2.4 million people
  • majority of them Black and Latin@, is bankrupt
  • where production takes place for human need, not for profit. The class that produces the wealth, the multinational working class, should own and distribute that wealth.
  • Trillions of dollars are now being used to bail out the banks and fund the Pentagon under capitalism. Under socialism, that money would guarantee that everyone would have a decent job and income, free health care, affordable housing, free education, low-cost transportation, healthy, reasonably priced food and much more. The well-being of the multinational working class would be the goal of society, not their exploitation as it is under capitalism.
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The Divider vs. the Thinker - WSJ.com - 0 views

  • There's a lot to rebel against, to want to throw off. If they want to make a serious economic and political critique, they should make the one Gretchen Morgenson and Joshua Rosner make in "Reckless Endangerment": that real elites in Washington rigged the system for themselves and their friends, became rich and powerful, caused the great catering, and then "slipped quietly from the scene."
  • It is a blow-by-blow recounting of how politicians—Democrats and Republicans—passed the laws that encouraged the banks to make the loans that would never be repaid, and that would result in your lost job.
  • It began in the early 1990s, in the Clinton administration, and continued under the Bush administration, with the help of an entrenched Congress that wanted only two things: to receive campaign contributions and to be re-elected.
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  • Specifically it is the story of Fannie Mae and Freddie Mac, the mortgage insurers, and how their politically connected CEOs, especially Fannie's Franklin Raines and James Johnson, took actions that tanked the American economy and walked away rich.
  • "the temptation to exploit fear and envy returns." Politicians divide in order to "evade responsibility for their failures" and to advance their interests.
  • "The American Idea"
  • Which gets us to Rep. Paul Ryan. Mr. Ryan receives much praise, but I don't think his role in the current moment has been fully recognized. He is doing something unique in national politics. He thinks. He studies. He reads. Then he comes forward to speak, calmly and at some length, about what he believes to be true. He defines a problem and offers solutions, often providing the intellectual and philosophical rationale behind them.
  • But Republicans, in their desire to defend free economic activity, shouldn't be snookered by unthinking fealty to big business. They should never defend—they should actively oppose—the kind of economic activity that has contributed so heavily to the crisis.
  • Here Mr. Ryan slammed "corporate welfare and crony capitalism."
  • "Why have we extended an endless supply of taxpayer credit to Fannie Mae and Freddie Mac, instead of demanding that their government guarantee be wound down and their taxpayer subsidies ended?" Why are tax dollars being wasted on bankrupt, politically connected solar energy firms like Solyndra? "Why is Washington wasting your money on entrenched agribusiness?"
  • The "true sources of inequity in this country," he continued, are "corporate welfare that enriches the powerful, and empty promises that betray the powerless."
  • The real class warfare that threatens us is "a class of bureaucrats and connected crony capitalists trying to rise above the rest of us, call the shots, rig the rules, and preserve their place atop society."
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    Peggy Noonan writes about Paul Ryan's "The American Idea" speech he recently gave at the heritage Foundation.  It's a beautifully written summary that goes right to the heart of the matter:  the ruling elites have been enriching themselves, feeding at the public trough of corporate welfare and crony capitalism.  Washington DC is corrupt and rotten to the core, and the hand maiden of Banksters, Global Corporatist, Big Unions, and Big Bearucracy.   One things for sure.  Congressman Paul Ryan is a brilliant thinker aho believes in the great promise he calls "The American Idea".   Funny how, as the presidential primary race rolls on, my hopeful attention is being drawn towards four men:  Herman Cain, Paul Ryan, Ron Paul and Marco Rubio.   Herman unfortunately is soft on Banksters, totally unaware and oblivious to the need to take back the currency, and end the Federal Reserve Bankster Cartel.  I also have some difficulties with the "revenue neutral" aspects of his 999 plan.  We need less government, not more.  The private sector needs to keep more money, not less.   Too bad because everything else about Herman excites me.  Especially his authentic, from the heart love of America, American exceptionalism and opportunity, and the founders truly unique "American Idea". Ron Paul has an awesome "American Recovery" plan.  Awesome.  But his remarks on terrorism and foreign policy stray far from his usual reliance on the Constitution and the 10th Amendment.   He's right about the connection between global corporatism and the never ending militarism they push.  But he's dead ass wrong about our enemies and their intentions.  And that's scary.  If RP had stuck to the Constitution and 10th Amendment, i would fully support him.   If it's not an enumerated power, it belongs to the States and individual citizens.  End of story.   Marco Rubio is awesome in the same way Herman is.  He connects with a special authenticity that screams the principles and val
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Progressives put Sanders ahead of Clinton - 0 views

  • November 21, 2014
  • Sen. Elizabeth Warren is progressives' runaway favorite for president in 2016, with Sen. Bernie Sanders in second place, a new poll shows.Sanders, I-Vt., who says he's considering a presidential run, edged out former Secretary of State Hillary Rodham Clinton, 24 percent to 23 percent, according to Democracy for America's first 2016 Presidential Pulse poll of its members.More than 42 percent of respondents wanted Warren to run for president, although she has said she's not running. Warren's strong showing wasn't a surprise, but Sanders' placement ahead of Clinton shows "the race for the Democratic nomination is far from locked" among progressives, according to the group, founded by former Vermont Gov. Howard Dean."If they decide to get in the race, our poll clearly shows that any number of candidates could win Democracy for America members' support, especially if they focus their campaign on combatting income inequality, the driving issue of the 2016 campaign," Charles Chamberlain, DFA's executive director said in a statement.
  • From Nov. 6-to18, the group's members cast 164,733 votes for potential candidates, with members able to rank their votes for up to three potential candidates. The group released a portion of the poll on Thursday.Behind Clinton came former Secretary of Labor Robert Reich at 3 percent and Vice President Joe Biden at 2 percent.
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    Note that this is a poll in a group that is loyal to the Democratic Party and confines itself to voting Democrat in the main elections. As such, their influence is negligible. Progressives who are willing to run spolier campaigns as independents, like Ralph Nader have far more potential to move the Democratic Party than those who stay within its fold.  Ditto for Tea Partiers and the Republican Party. What's needed is a coalition to form a new party based on areas of agreement, rather than the divide-and-conquer split between the two major "parties" that guarantees a bankster/War Party win. 
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America's Monetary Crisis: Even the Council on Foreign Relations Is Saying It: Time to ... - 0 views

  • The Fed, it seems, has finally run out of other ammo. It has to taper its quantitative easing program, which is eating up the Treasuries and mortgage-backed securities needed as collateral for the repo market that is the engine of the bankers’ shell game. The Fed’s Zero Interest Rate Policy (ZIRP) has also done serious collateral damage. The banks that get the money just put it in interest-bearing Federal Reserve accounts or buy foreign debt or speculate with it; and the profits go back to the 1%, who park it offshore to avoid taxes. Worse, any increase in the money supply from increased borrowing increases the overall debt burden and compounding finance costs, which are already a major constraint on economic growth. Meanwhile, the economy continues to teeter on the edge of deflation. The Fed needs to pump up the money supply and stimulate demand in some other way. All else having failed, it is reduced to trying what money reformers have been advocating for decades — get money into the pockets of the people who actually spend it on goods and services.
  • Blyth and Lonergan write: [L]ow inflation . . . occurs when people and businesses are too hesitant to spend their money, which keeps unemployment high and wage growth low. In the eurozone, inflation has recently dropped perilously close to zero. . . . At best, the current policies are not working; at worst, they will lead to further instability and prolonged stagnation. Governments must do better. Rather than trying to spur private-sector spending through asset purchases or interest-rate changes, central banks, such as the Fed, should hand consumers cash directly. In practice, this policy could take the form of giving central banks the ability to hand their countries’ tax-paying households a certain amount of money. The government could distribute cash equally to all households or, even better, aim for the bottom 80 percent of households in terms of income. Targeting those who earn the least would have two primary benefits. For one thing, lower-income households are more prone to consume, so they would provide a greater boost to spending. For another, the policy would offset rising income inequality. [Emphasis added.]
  • A money drop directly on consumers is not a new idea for the Fed. Ben Bernanke recommended it in his notorious 2002 helicopter speech to the Japanese who were caught in a similar deflation trap.
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  • Assume a $1 trillion dividend issued in the form of debit cards that could be used only for goods and services. A back-of-the-envelope estimate is that if $1 trillion were shared by all US adults making under $35,000 annually, they could each get about $600 per month.  If the total dividend were $2 trillion, they could get $1,200 per month. And in either case it could, at least in theory, all come back in taxes to the government without any net increase in the money supply.
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    Have the banksters finally accepted that trickle-down economics does not work, that only a money-drop on the lower classes can get the economy growing again? 
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Tomgram: Engelhardt, The Escalation Follies | TomDispatch - 0 views

  • Whatever your politics, you’re not likely to feel great about America right now.  After all, there’s Ferguson (the whole world was watching!), an increasingly unpopular president, a Congress whose approval ratings make the president look like a rock star, rising poverty, weakening wages, and a growing inequality gap just to start what could be a long list.  Abroad, from Libya and Ukraine to Iraq and the South China Sea, nothing has been coming up roses for the U.S.  Polls reflect a general American gloom, with 71% of the public claiming the country is “on the wrong track.”  We have the look of a superpower down on our luck. What Americans have needed is a little pick-me-up to make us feel better, to make us, in fact, feel distinctly good.  Certainly, what official Washington has needed in tough times is a bona fide enemy so darn evil, so brutal, so barbaric, so inhuman that, by contrast, we might know just how exceptional, how truly necessary to this planet we really are.
  • When you think about it, from the moment the first bombs began falling on Afghanistan in October 2001 to the present, not a single U.S. military intervention has had anything like its intended effect.  Each one has, in time, proven a disaster in its own special way, providing breeding grounds for extremism and producing yet another set of recruitment posters for yet another set of jihadist movements.  Looked at in a clear-eyed way, this is what any American military intervention seems to offer such extremist outfits -- and ISIS knows it.
  • In the nick of time, riding to the rescue comes something new under the sun: the Islamic State of Iraq and Syria (ISIS), recently renamed Islamic State (IS).  It’s a group so extreme that even al-Qaeda rejected it, so brutal that it’s brought back crucifixion, beheading, waterboarding, and amputation, so fanatical that it’s ready to persecute any religious group within range of its weapons, so grimly beyond morality that it’s made the beheading of an innocent American a global propaganda phenomenon.  If you’ve got a label that’s really, really bad like genocide or ethnic cleansing, you can probably apply it to ISIS's actions.
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  • Americans prefer to believe that all problems have solutions.  There may, however, be no obvious or at least immediate solution when it comes to ISIS, an organization based on exclusivity and divisiveness in a region that couldn’t be more divided.  On the other hand, as a minority movement that has already alienated so many in the region, left to itself it might with time simply burn out or implode.  We don’t know.  We can’t know.  But we do have reasonable evidence from the past 13 years of what an escalating American military intervention is likely to do: not whatever it is that Washington wants it to do.
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    Great essay. Of course the War Party doesn't care if the U.S. wins or loses. They just want war and more "Defense" spending.
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Civil Unrest Ahead - LewRockwell.com - 0 views

  • The Victimized Inner Cities
  • This social disruption has motivated the enthusiastic growth and militarization of our local police departments. The law and order crowd thrives on excessive laws and regulations that no US citizen can escape. The out-of-control war on drugs is the worst part, and it generates the greatest danger in poverty-ridden areas via out-of-control police. It is estimated that these conditions have generated up to 80,000 SWAT raids per year in the United States. Most are in poor neighborhoods and involve black homes and businesses being hit disproportionately. This involves a high percentage of no-knock attacks. As can be expected many totally innocent people are killed in the process. Property damage is routine and compensation is rare. The routine use of civil forfeiture of property has become an abomination, totally out of control, which significantly contributes to the chaos. It should not be a surprise to see resentment building up against the police under these conditions. The violent reaction against local merchants in retaliation for police actions further aggravates the situation —hardly a recipe for a safe neighborhood.
  • Civil liberties are ignored by the police, and the private property of innocent bystanders is disregarded by those resenting police violence.
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  • The entitlement mentality is a source of much anger and misunderstanding. It leads people who see themselves as victims to one conclusion: they are entitled to be taken care of.
  • If one trillion dollars per year doesn’t do the job, then make it $2 trillion. If the war on poverty’s $16 trillion hasn’t worked, make it $32 trillion.
  • The wealthy special interests, such as banks, the military-industrial complex, the medical industry, the drug industry, and many other corporatists, quickly gain control of the system.
  • Honest profits of successful entrepreneurs are quite different than profits of the corporate elite who gain control of the government and, as a consequence, accumulate obscene wealth by “robbing” the middle class.
  • Crumbs may be thrown to the poor, but the principle of wealth transfer is hijacked and used for corporate and foreign welfare instead of wealth transfers to the poor.
  • To blame and destroy those who make an honest living by satisfying consumers without the use of special benefits from the government is destructive to liberty and wealth.
  • True satisfaction comes from productive effort and self-reliance and not from a government transferring wealth in an effort to bring about an egalitarian society.
  • The people have too little confidence that most problems can be solved in a voluntary manner in a society that cherishes civil liberties. There’s never an admission that government problem-solving doesn’t work. Government-created problems are a road to poverty and resentment. Too many people believe that “free stuff” from the government can solve our problems. They mistakenly believe that deficits don’t matter and that wealth can come from a printing press.
  • The high profile episodes of police violence and overreaction are a consequence of conditions that in many ways were generated by government policy.
  • equal justice requires the end of welfare redistribution
  • Redistribution is a process that is always destined to help a small minority, whether in an economy like ours that endorses central economic planning or in one run by radical fascists or communists.
  • Retraining the police won’t touch the complex problems that pit the police against the victims of complex social conditions generated by hate, violence and bad economic policies.
  • Under an authoritarian regime, those in power take care of themselves. This always leads to poverty and discrepancy in wealth distribution.
  • Eventually the social strife that is predictable leads to an overthrow of the government.
  • The strife that we are witnessing is a reflection of a growing number of people who are recognizing the discrepancy between rich and poor, the weak and the powerful, Wall Street and Main Street.
  • Both political parties are financed by Wall Street, the big banks, and the military-industrial complex. Getting rich by being part of the government class is the problem.
  • Indeed the rich are getting richer and the poor poorer. The extreme current inequality is not a consequence of free markets and true liberty. Rather it results from the welfare state that, as always, morphs into a system that provides excesses for the powerful few.
  • The economic interventionist system under which we live today rewards those who benefit from government economic planning by the Federal Reserve, access to government contracts, and targeted special regulations to help one group over the other
  • We must limit the government’s role to protecting equal justice in defense of life, liberty, and property.
  • Police brutality and militarization may well induce a violent event far beyond what we have seen in Ferguson. It also can serve as an excuse. But it is not the root cause of turmoil. The real cause is poverty, the entitlement mentality, and the breakdown of the rule of law. Moral decay and the national police state are the real culprits.
  • There are two problems. First is conceding the principle that government has the moral authority to redistribute wealth. Second is believing the redistribution will be managed wisely and without corruption.
  • We have too many police, too many laws, and too much exemption of government officials from the crimes they commit.
  • There has to be an understanding that productive effort and self-reliance on the part of everyone is required for a free society to thrive.
  • Welfare, for the rich or poor, cannot exist without the sacrifice of the principal of property ownership.
  • The loss of our liberty has sharply accelerated since the 9/11 attacks. We have done to ourselves what no foreign enemy could have possibly accomplished.
  • The national police are made up of over 100,000 bureaucrats and police officials who carry guns to enforce federal law on the American citizens.
  • Today every American is a suspect. Our president has established a policy that an American citizen can be assassinated without even being charged with a crime.
  • The Founders and our Constitution intended that policing powers would be the responsibility of the individual states. That was forgotten a long time ago
  • the Feds are there taking charge over all local officials and property owners,
  • The Founders did not even want a standing army. They wanted only a militia.
  • Old-fashioned colonialism was deemed necessary by various European powers to secure natural resources along with control over sea lanes and markets for selling manufactured goods.
  • European-style colonialism — supporting a mercantilistic economy — came to be seen as politically unrealistic and unnecessary.
  • We are now subject to an out-of-control domestic police force while the US military maintains our Empire overseas.
  • When free-trade principles were utilized, colonialism did not die; it only changed form. Mercantilism in various forms and degrees drove trade policies of nations with strong economies and militaries.
  • The United States military presence around the world provides a “private” police force to protect US and other international companies against any local resistance or leaders that turn unfriendly. Our military presence overseas has nothing to do with protecting our freedoms and defending our Constitution.
  • The international monetary system is a powerful tool for the select few.
  • In fact, the real heroes are the ones who expose the truth and refuse to fight foreign wars for the international corporations.
  • The “one percenters,” generally speaking, are internationalists who are not champions of individual liberty and free trade. They are supporters of managed trade and international institutions like the WTO where the interests of the one percent can influence the rulings that frequently have little to do with advancing advertised goals of low tariffs and free trade.
  • Disengaging our troops from around the world and refusing to defend American neocolonialism is pursuing a course compatible with the qualities that Americans claim to stand for.
  • The obsession with continuing all the same policies has increased our poverty, increased violence between the classes, and lowered the standard of living for all except the elite one percent. And worst of all, the sacrifice of liberty was for naught.
  • Losing both liberty and the right to truly own property undermines the ability to create wealth.
  • Tax revenues will continue to rise, aiding the policy of the government spending the people’s money rather than those who earned it.
  • When this process gets out-of-control the economy goes into a death spiral, in the beginning of which we currently find ourselves. Without a correction to the basic understanding of the proper role of government, the downward spiral will continue.
  • Wall Street will be protected, and the trillions of dollars of big banks derivatives will be absorbed by the Fed, the FDIC, and ultimately by the American taxpayers in the next financial crisis.
  • Authoritarianism has overtaken our economic system as the welfare mentality takes over at every level of government.
  • There’s no doubt the poor will get poorer and the rich richer until the spirit of revolution in the people calls a halt to the systematic destruction of freedom in America.
  • Once the initiation of force by government is accepted by the people, even minimally, it escalates and involves every aspect of society. The only question that remains is just who gets to wield the power to distribute the largess to their friends and chosen beneficiaries.
  • It’s a recipe for steady growth of the government at the expense of liberties, even if official documents and laws written to limit government power are in place.
  • Restraining the few who thrive on the use of force to rule over us is the challenge. Fortunately they are outnumbered by those who would choose liberty yet lack the will to challenge the humanitarian monsters who gain support from naive and apathetic citizens.
  • The sentiments supporting secession, jury nullification, nullification of federal laws by state legislatures, and a drive for more independence from larger governments will continue.
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    "If Americans were honest with themselves they would acknowledge that the Republic is no more. We now live in a police state. If we do not recognize and resist this development, freedom and prosperity for all Americans will continue to deteriorate. All liberties in America today are under siege. It didn't happen overnight. It took many years of neglect for our liberties to be given away so casually for a promise of security from the politicians. The tragic part is that the more security was promised - physical and economic - the less liberty was protected. With cradle-to-grave welfare protecting all citizens from any mistakes and a perpetual global war on terrorism, which a majority of Americans were convinced was absolutely necessary for our survival, our security and prosperity has been sacrificed. It was all based on lies and ignorance. Many came to believe that their best interests were served by giving up a little freedom now and then to gain a better life. The trap was set. At the beginning of a cycle that systematically undermines liberty with delusions of easy prosperity, the change may actually seem to be beneficial to a few. But to me that's like excusing embezzlement as a road to leisure and wealth - eventually payment and punishment always come due. One cannot escape the fact that a society's wealth cannot be sustained or increased without work and productive effort. Yes, some criminal elements can benefit for a while, but reality always sets in. Reality is now setting in for America and for that matter for most of the world. The piper will get his due even if "the children" have to suffer. The deception of promising "success" has lasted for quite a while. It was accomplished by ever-increasing taxes, deficits, borrowing, and printing press money. In the meantime the policing powers of the federal government were systematically and significantly expanded. No one cared much, as there seemed to be enough "gravy" for the rich, th
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Economy Grows Incomes Shrink | Al Jazeera America - 0 views

  • The first data on 2013 incomes show continuing bad news for Americans, my analysis of a new Internal Revenue Service report shows. Average income fell 2.6 percent in 2013, even though the economy grew 3.2 percent in real terms over 2012. Average inflation-adjusted income in 2013 was 8 percent lower than in 2007, the last peak economic year, and 6.9 percent less than in 2000, the year President George W. Bush set as the standard to evaluate the effect of his tax cuts and regulatory policies. This is the latest sign of a disturbing trend. An ever-shrinking share of national income flows to individuals while corporate profits expand. 
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    Labor continues to be denied a share of the profits in productivity gains. 
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Virtual Economy's Phantom Job Gains Are Based on Statistical Fraud. And More Fraud Is i... - 0 views

  • Washington can’t stop lying.  Don’t be convinced by last Thursday’s job report that it is your fault if you don’t have a job. Those 288,000 jobs and 6.1% unemployment rate are more fiction than reality.  In his analysis of the June Labor Data from the Bureau of Labor Statistics, John Williams (www.ShadowStats.com) wrote that the 288,000 June jobs and 6.1% unemployment rate  are “far removed from common experience and underlying reality.” Payrolls were overstated by “massive, hidden shifts in seasonal adjustments,” and the Birth-Death model added the usual phantom jobs.  Williams reports that “the seasonal factors are changed each and every month as part of the concurrent seasonal-adjustment process, which is tantamount to a fraud,” as the changes in the seasonal factors can inflate the jobs number.  While the headline numbers always are on a new basis, the prior reporting is not revised so as to be consistent.
  • The monthly unemployment rates are not comparable, so one doesn’t know whether the official U.3 rate (the headline rate that the financial press reports) went up or down. Moreover, the rate does not count discouraged workers who, unable to find a job, cease looking. To be counted among the U.3 unemployed, the person must have actively looked for work during the four weeks prior to the survey. The U.3 rate automatically declines as people who have been unable to find jobs cease trying to find one and thereby cease to be counted as unemployed. There is a second official measure of unemployment that includes people who have been discouraged for less than one year. That rate, known as U.6, is seldom reported and is double the 6.1% rate. Since 1994 there has been no official measure than includes discouraged people who have not looked for a job for more than a year. Including all discouraged workers produces an unemployment rate that currently stands at 23.1%, almost four times the rate that the financial press reports.
  • What you can take away from this is the opposite of what the presstitute media would have you believe.  The measured rate of unemployment can decline simply because large numbers of the unemployed become discouraged workers, cease looking for work, and cease to be counted in the U.3 and U.6 measures of the unemployment rate.   The decline in the employment-population ratio from 63% prior to the 2008 downturn to 59% today reflects the growth in discouraged workers.  Indeed, the ratio has not recovered its previous level during the alleged recovery, an indication that the recovery is an illusion created by the understated measure of inflation that is used to deflate nominal GDP growth.
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  • Insurance (most likely the paperwork of Obamacare) contributed 8,500 jobs. As so few can purchase homes, “real estate rental and leasing” contributed 8,500 jobs. Professional and business services contributed 67,000 jobs, but 57% of these jobs were in employment services, temporary help services, and services to buildings and dwellings.   That old standby, education and health services, accounted for 33,700 jobs consisting mainly of ambulatory health care services jobs and social assistance jobs of which three-quarters are in child day care services.   The other old standby, waitresses and bartenders, gave us 32,800 jobs, and amusements, gambling, and recreation gave us 3,500 jobs.
  • In other words, the economy did not gain 288,000 new jobs last month.   But let’s assume the economy did gain 288,000 jobs and exam where the claimed jobs are reported to be. Of the alleged 288,000 new jobs, 16,000, or 5.5 percent are in manufacturing, which is not very promising for engineers and blue collar workers.  Growth in goods producing jobs has almost disappeared from the US economy.  As explained below, to alter this problem the government is going to change definitions in order to artificially inflate manufacturing jobs. In June private services account for 82 percent of the supposed new jobs.  The jobs are found mainly in non-tradable domestic services that pay little and cannot be exported to help to close the large US trade deficit. Wholesale and retail trade account for 55,300 jobs.  Do you believe sales are this strong  when retailers are closing stores and when shopping malls are closing?
  • Another indication that there has been no recovery is that Sentier Research’s index of real median household income continued to decline for two years after the alleged recovery began in June 2009.   There has been a slight upturn in real median household income since June 2011, but income remains far below the pre-recession level.   The Birth-Death model adds an average of 62,000 jobs to the reported payroll jobs numbers each month. This arbitrary boost to the payroll jobs numbers is in addition to the Bureau of Labor Statistics’ underlying assumption that unreported jobs lost to business failures are matched by unreported new jobs from new business startups, an assumption that does not well fit an economy that fell into recession and is unable to recover.   John Williams concludes that in current BLS reporting, “the aggregate average overstatement of employment change easily exceeds 200,000 jobs per month.”
  • Local government, principally education, gave us 22,000 jobs.   So, where are the jobs for university graduates?  They are practically non-existent. Think of all the MBAs, but June had only 2,300 jobs for management of companies and enterprises. Think of the struggle to get into law and medical schools.  There’s no job payoff. June had jobs for 1,200 in legal services, which includes receptionists and para-legals.  Where are all the law school graduates finding jobs? Offices of physicians (mainly people who fill out the mandated paperwork and comply with all the regulations, which have multiplied under ObamaCare) hired 4,000 people.  Outpatient care centers hired 700 people.  Nursing care facilities hired 2,400 people.  So where are the jobs for the medical school graduates? Aside from all the exaggerations in the jobs numbers of which ShadowStats.com has informed us, just taking the jobs as reported, what kind of economy do these jobs indicate:  a superpower whose pretensions are to exercise hegemony over the world or an economy in which opportunities are disappearing and incomes are falling?
  • Do you think that this jobs picture would be the same if the government in Washington cared about you instead of the mega-rich? Some interesting numbers can be calculated from table A.9 in the BLS press release.  John Williams advises that the BLS is inconsistent in the methods it uses to tabulate the data in table A.9 and that the data is also afflicted by seasonal adjustment problems.  However, as the unemployment rate and payroll jobs are reported regardless of their problems, we can also report the BLS finding that in June 523,000 full-time jobs disappeared and 800,000 part time jobs appeared. Here, perhaps, we have yet another downside of the misnamed Obama “Affordable Care Act.”  Employers are terminating full-time employment and replacing the jobs with part-time employment in order to come in under the 50-person full time employment that makes employers responsible for fringe benefits such as health care. Americans are already experiencing difficulties making ends meet, despite the alleged “recovery.”  If yet another half million Americans have been forced onto part-time pay with consequent loss of health care and other benefits, consumer demand is further compressed, with the consequence, unless hidden by statistical trickery, of a 2nd quarter negative GDP and thus officially the reappearance of recession.
  • What will the government do if a recession cannot be hidden?  If years of unprecedented money printing and Keynesian fiscal deficits have not brought recovery, what will bring recovery?  How far down will US living standards fall for the 99% in order that the 1% can become ever more mega-rich while Washington wastes our diminishing substance exercising hegemony over the world? Just as Washington lied to you about Saddam Hussein’s weapons of mass destruction, Assad’s use of chemical weapons, Russian invasion of Ukraine, Waco, and any number of false flag or nonexistent attacks such as Tonkin Gulf, Washington lies to you about jobs and economic recovery.  Don’t believe the spin that you are unemployed because you are shiftless and prefer government handouts to work.  The government does not want you to know that you are unemployed because the corporations offshored American jobs to foreigners and because economic policy only serves the oversized banks and the one percent. Just as the jobs and inflation numbers are rigged and the financial markets are rigged, the corrupt Obama regime is now planning to rig US manufacturing and trade statistics in order to bury all evidence of offshoring’s adverse impact on our economy.
  • The federal governments Economic Classification Policy Committee has come up with a proposal to redefine fact as fantasy in order to hide offshoring’s contribution to the US trade deficit, artificially inflate the number of US manufacturing jobs, and redefine foreign-made manufactured products as US manufactured products.  For example, Apple iPhones made in China and sold in Europe would be reported as a US export of manufactured goods. Read Ben Beachy’s important report on this blatant statistical fraud in CounterPunch’s July 4th weekend edition: http://www.counterpunch.org/2014/07/04/we-didnt-offshore-manufacturing/ China will not agree that the Apple brand name means that the phones are not Chinese production. If the Obama regime succeeds with this fraud, the iPhones would be counted twice, once by China and once by the US, and the double-counting would exaggerate world GDP. For years I have exposed the absurd claim that offshoring is merely the operation of free trade, and I have exposed the incompetent studies by such as Michael Porter at Harvard and Matthew Slaughter at Dartmouth that claimed to prove that the US was benefitting from offshoring its manufacturing.  My book published in 2012 in Germany and in 2013 in the US, The Failure of Laissez Faire Capitalism and Economic Dissolution of the West, proves that offshoring has dismantled the ladders of upward mobility that made the US an opportunity society and is responsible for the decline in US economic growth. The lost jobs and decline in the middle class has contributed to the rise in income inequality, the destruction of tax base for cities and states, and loss of population in America’s once great manufacturing centers.
  • For the most part economists have turned a blind eye. Economists serve the globalists.  It pays them well. The corruption in present-day America is total. Psychologists and anthropologists serve war and torture. Economists serve globalism and US financial hegemony. Physicists and chemists serve the war industries. Physicists and computer geeks serve NSA. The media serves the government and the corporations. The political parties serve the six powerful private interest groups that rule the country. No one serves truth and liberty. I predict that within ten years truth and liberty will be forbidden words uttered only by “domestic extremists” who are a threat that must be exterminated without due process of law. America has left us.  We now have the tyranny of the Orwellian state that rules, not by the ballot box and Constitution, but by force and propaganda.
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The Collapse of Europe? « LobeLog - 0 views

  • And yet, for all this success, the European project is currently teetering on the edge of failure. Growth is anemic at best and socio-economic inequality is on the rise. The countries of Eastern and Central Europe, even relatively successful Poland, have failed to bridge the income gap with the richer half of the continent. And the highly indebted periphery is in revolt. Politically, the center may not hold and things seem to be falling apart. From the left, parties like Syriza in Greece are challenging the EU’s prescriptions of austerity. From the right, Euroskeptic parties are taking aim at the entire quasi-federal model. Racism and xenophobia are gaining ever more adherents, even in previously placid regions like Scandinavia. Perhaps the primary social challenge facing Europe at the moment, however, is the surging popularity of Islamophobia, the latest “socialism of fools.” From the killings at the Munich Olympics in 1972 to the recent attacks at Charlie Hebdo and a kosher supermarket in Paris, wars in the Middle East have long inspired proxy battles in Europe. Today, however, the continent finds itself ever more divided between a handful of would-be combatants who claim the mantle of true Islam and an ever-growing contingent who believe Islam — all of Islam — has no place in Europe.
  • Europeans are beginning to realize that Margaret Thatcher was wrong and there are alternatives — to liberalism and European integration. The most notorious example of this new illiberalism is Hungary. On July 26, 2014, in a speech to his party faithful, Prime Minister Viktor Orban confided that he intended a thorough reorganization of the country. The reform model Orban had in mind, however, had nothing to do with the United States, Britain, or France. Rather, he aspired to create what he bluntly called an “illiberal state” in the very heart of Europe, one strong on Christian values and light on the libertine ways of the West. More precisely, what he wanted was to turn Hungary into a mini-Russia or mini-China. “Societies founded upon the principle of the liberal way,” Orban intoned, “will not be able to sustain their world-competitiveness in the following years, and more likely they will suffer a setback, unless they will be able to substantially reform themselves.” He was also eager to reorient to the east, relying ever less on Brussels and ever more on potentially lucrative markets in and investments from Russia, China, and the Middle East.
  • That July speech represented a truly Oedipal moment, for Orban was eager to drive a stake right through the heart of the ideology that had fathered him. As a young man more than 25 years earlier, he had led the Alliance of Young Democrats — Fidesz — one of the region’s most promising liberal parties. In the intervening years, sensing political opportunity elsewhere on the political spectrum, he had guided Fidesz out of the Liberal International and into the European People’s Party, alongside German Chancellor Angela Merkel’s Christian Democrats. Now, however, he was on the move again and his new role model wasn’t Merkel, but Russian President Vladimir Putin and his iron-fisted style of politics. Given the disappointing performance of liberal economic reforms and the stinginess of the EU, it was hardly surprising that Orban had decided to hedge his bets by looking east. The European Union has responded by harshly criticizing Orban’s government for pushing through a raft of constitutional changes that restrict the media and compromise the independence of the judiciary. Racism and xenophobia are on the uptick in Hungary, particularly anti-Roma sentiment and anti-Semitism. And the state has taken steps to reassert control over the economy and impose controls on foreign investment.
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  • For some, the relationship between Hungary and the rest of Europe is reminiscent of the moment in the 1960s when Albania fled the Soviet bloc and, in an act of transcontinental audacity, aligned itself with Communist China. But Albania was then a marginal player and China still a poor peasant country. Hungary is an important EU member and China’s illiberal development model, which has vaulted it to the top of the global economy, now has increasing international influence. This, in other words, is no Albanian mouse that roared. A new illiberal axis connecting Budapest to Beijing and Moscow would have far-reaching implications.
  • The Hungarian prime minister, after all, has many European allies in his Euroskeptical project. Far right parties are climbing in the polls across the continent. With 25% of the votes, Marine Le Pen’s National Front, for instance, topped the French elections for the European parliament last May. In local elections in 2014, it also seized 12 mayoralties, and polls show that Le Pen would win the 2017 presidential race if it were held today. In the wake of the Charlie Hebdo shootings, the National Front has been pushing a range of policies from reinstating the death penalty to closing borders that would deliberately challenge the whole European project. In Denmark, the far-right People’s Party also won the most votes in the European parliamentary elections. In November, it topped opinion polls for the first time. The People’s Party has called for Denmark to slam shut its open-door policy toward refugees and re-introduce border controls. Much as the Green Party did in Germany in the 1970s, groupings like Great Britain’s Independence Party, the Finns Party, and even Sweden’s Democrats are shattering the comfortable conservative-social democratic duopoly that has rotated in power throughout Europe during the Cold War and in its aftermath.
  • The Islamophobia that has surged in the wake of the murders in France provides an even more potent arrow in the quiver of these parties as they take on the mainstream. The sentiment currently expressed against Islam — at rallies, in the media, and in the occasional criminal act — recalls a Europe of long ago, when armed pilgrims set out on a multiple crusades against Muslim powers, when early nation-states mobilized against the Ottoman Empire, and when European unity was forged not out of economic interest or political agreement but as a “civilizational” response to the infidel.
  • Euroskepticism doesn’t only come from the right side of the political spectrum. In Greece, the Syriza party has challenged liberalism from the left, as it leads protests against EU and International Monetary Fund austerity programs that have plunged the population into recession and revolt. As elsewhere in Europe, the far right might have taken advantage of this economic crisis, too, had the government not arrested the Golden Dawn leadership on murder and other charges. In parliamentary elections on Sunday, Syriza won an overwhelming victory, coming only a couple seats short of an absolute majority. In a sign of the ongoing realignment of European politics, that party then formed a new government not with the center-left, but with the right-wing Independent Greeks, which is similarly anti-austerity but also skeptical of the EU and in favor of a crackdown on illegal immigration.
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    Greece and Hungary moving to the right *and toward Russia and China.* The Syrza Party won big in Greece on Sunday. 
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Just 62 people control more wealth than half the world's population: study - CSMonitor.com - 1 views

  • Oxfam argues that there are several reasons for why the disparity between rich and poor has become so vast, including what the report terms “the global spider’s web of tax havens and the industry of tax avoidance, which has blossomed over recent decades.”Oxfam estimates that nearly $7.6 trillion, or more than twice the combined GDP of the United Kingdom and Germany, is currently being held offshore.
  • The Oxfam study also suggests that the global economy’s push on the importance of capital over labor is another reason for widening inequality. This not only concentrates national incomes in the hands of those few that control it, Oxfam says, but has implications for private companies as well. It increases pay for executives while preventing many workers in the very lowest-paying jobs at the bottom from earning higher wages.
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    "A recent study conducted by Oxfam International indicates that just 62 people, 53 of them men, now control over half the world's wealth. The study, 'An Economy for the 1 Percent,' was released ahead of the World Economic Forum (WEF) in Davos, Switzerland. The study from the anti-poverty NGO calculated that 62 people held the same amount of wealth as the world's 3.6 billion poorest citizens in 2015.  That's a huge drop from the estimated 388 people who controlled that amount of wealth in 2010, and the concentrated amount of wealth that those 62 people possess has increased by 44 percent over that same five-year period, to $1.76 trillion dollars. It is true that global poverty has declined substantially since 1990, according to Oxfam. However, the study found that at the same time that global wealth rose dramatically among the world's richest 1 percent, the relative wealth of those living in extreme poverty has declined dramatically since 2010, by approximately $1 trillion."
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    The divide between the haves and the have-nots has been deepening for decades and is well known. This year, the topic has become part of presidential election politics thanks to Bernie Sanders. But while the situation has no public defenders, we have yet to see a single piece of legislation submitted to remedy the situation. That leaves the situation as a talking point rather than the focus of remedial action, which leads to the conclusion that those who talk about it don't care enough about it to do anything to reverse the situation. Example, since the financial crash of 2007 we have no bill to reintroduce Glass\Seagall, no bill to break up the too-big-to-fail banks (which are no bigger than before), no bill to back the U.S. out of the trade agreements that have shipped millions of American jobs overseas, no bill to increase taxes for the wealthy, etc. Instead, we see a majority of members of Congreess voting to maintain the status quo, which is that the rich get richer and the poor get poorer. The cure? Step 1 is adoption of the We the People Amendment to get corporations and money out of the election process. https://movetoamend.org/wethepeopleamendment
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Survey: One in four US adults burdened by medical debt - World Socialist Web Site - 0 views

  • A new survey shows that 26 percent of US adults ages 18-64 say they or someone in their household had problems paying their medical bills in the past 12 months. The Kaiser Family Foundation/New York Times Medical Bills Survey shows that those from all walks of life are saddled with medical debt, with the uninsured and low-income households carrying the heaviest burden.
  • Being uninsured has a strong correlation with medical bill difficulties, with 53 percent of the uninsured reporting problems paying household medical bills in the past year. However, as the survey’s findings point out, “insurance is not a panacea against these problems.” About one in five of those with insurance—either through an employer, Medicaid or purchased on their own—also report problems paying medical bills. Among those with private insurance, the prevalence of high-deductible health coverage significantly impacts the financial burden on households, with 26 percent of those with high-deductible coverage reporting difficulties paying their medical bills. Although the survey does not indicate which of those interviewed purchased their coverage through the Affordable Care Act (ACA), it is clear that the high deductible plans dominating the ACA marketplace are becoming increasingly common among plans sold by private insurance companies.
  • Not surprisingly, households with lower or moderate incomes are more likely to report problems paying their medical bills. Nearly four in 10 (37 percent) of those with household incomes below $50,000 report these problems, compared with 26 percent of those with incomes between $50,000 and $100,000, and 14 percent of those with household incomes greater than $100,000. Women are slightly more likely than men to experience problems paying medical bills (29 percent versus 23 percent), as are adults under age 30 compared with those ages 30-64 (31 percent versus 24 percent). Residents in the South reported the highest share of medical bill problems (32 percent), while those in the Northeast reported the lowest (18 percent). At 24 percent, whites reported slightly less difficulty pay their bills than blacks (31 percent) and Hispanics (32 percent). People with the greatest medical needs are also more likely to face problems paying their medical bills. Of those who say they have a disability that prevents them from participating fully in daily activities, 47 percent report medical bill problems. Among those who rate their own heath as fair or poor, 45 percent report these problems, while 34 percent of those who say they receive regular treatment for a chronic condition report problems.
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  • When asked to describe their financial situation, 43 percent of those who have experienced problems paying medical bills say they just scrape by covering their basic household expenses, while 18 percent say they don’t have the financial resources to cover them. The survey also shows that compared to those without medical debt, those with medical bill problems are less likely to have a credit card or a retirement savings account. Of those with difficulties paying bills, the total amount owed ranged from 10 percent owing $500 or less, to 24 percent owing $2,500 to less than $5,000, to 13 percent owing in excess of $10,000. For an individual or family living paycheck to paycheck, or facing unemployment, even a $500 unpaid medical bill—accompanied by calls from health providers’ offices or their bill collectors—can become an overwhelming burden. In a further cruel twist, those facing medical bill problems also often face the complicating factor of income loss due to an illness. Three in 10 respondents say someone in their household had to take a cut in pay or hours as a result of the illness that led to the medical bills, either due to the illness itself or in order to care for the person who was sick.
  • The medical bills burdening households are for a wide variety of medical services, both one-time events and chronic conditions. Of those surveyed, bills incurred included those for doctor visits (65 percent), diagnostic tests (65 percent), lab fees (64 percent) and emergency room visits (61 percent). About half say they had problems paying for prescription drugs, hospitalizations or dental care. Those surveyed were asked to briefly describe the illness or injury that led to their medical bills. Respondents describe the nightmare scenario in which they face the double impact of serious medical conditions and the inability to pay the bills incurred to treat them.
  • The ACA is contributing to and compounding these devastating financial conditions for millions of Americans. The program, popularly known as Obamacare, forces uninsured individuals to purchase coverage from for-profit insurers under threat of penalty, offering only modest subsidies to those who qualify. The most affordable of these plans come with deductibles in excess of $5,000 and other high out-of-pocket costs and there are no meaningful restraints on the premiums insurance companies can charge. These Obamacare plans are serving as a model for employer-sponsored coverage, where high-deductible plans are becoming more and more the norm. Architects of the ACA further predict that employer-sponsored coverage will largely be done away with by 2025.
  • The solution to the financial crisis ordinary Americans face paying their medical bills—along with the other scourges of the US for-profit medical system—lies in putting an end to the privately owned insurance companies, pharmaceuticals and giant health care chains and establishing socialized medicine.
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Goodbye Middle Class: 51 Percent Of All American Workers Make Less Than 30,000 Dollars ... - 0 views

  • We just got more evidence that the middle class in America is dying.  According to brand new numbers that were just released by the Social Security Administration, 51 percent of all workers in the United States make less than $30,000 a year.  Let that number sink in for a moment.  You can’t support a middle class family in America today on just $2,500 a month – especially after taxes are taken out.  And yet more than half of all workers in this country make less than that each month.  In order to have a thriving middle class, you have got to have an economy that produces lots of middle class jobs, and that simply is not happening in America today. You can find the report that the Social Security Administration just released right here.  The following are some of the numbers that really stood out for me… -38 percent of all American workers made less than $20,000 last year. -51 percent of all American workers made less than $30,000 last year. -62 percent of all American workers made less than $40,000 last year. -71 percent of all American workers made less than $50,000 last year.
  • That first number is truly staggering.  The federal poverty level for a family of five is $28,410, and yet almost 40 percent of all American workers do not even bring in $20,000 a year. If you worked a full-time job at $10 an hour all year long with two weeks off, you would make approximately $20,000.  This should tell you something about the quality of the jobs that our economy is producing at this point. And of course the numbers above are only for those that are actually working.  As I discussed just recently, there are 7.9 million working age Americans that are “officially unemployed” right now and another 94.7 million working age Americans that are considered to be “not in the labor force”.  When you add those two numbers together, you get a grand total of 102.6 million working age Americans that do not have a job right now.
  • So many people that I know are barely scraping by right now.  Many families have to fight tooth and nail just to make it from month to month, and there are lots of Americans that find themselves sinking deeper and deeper into debt. If you can believe it, about a quarter of the country actually has a negative net worth right now. What that means is that if you have no debt and you also have ten dollars in your pocket that gives you a greater net worth than about 25 percent of the entire country.
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  • As a nation we are flat broke and most of us are living paycheck to paycheck.  It has been estimated that it takes approximately $50,000 a year to support a middle class lifestyle for a family of four in the U.S. today, and so the fact that 71 percent of all workers make less than that amount shows how difficult it is for families that try to get by with just a single breadwinner. Needless to say, a tremendous squeeze has been put on the middle class.  In many families, both the husband and the wife are working as hard as they can, but it is still not enough.  With each passing day, more Americans are losing their spots in the middle class and this has pushed government dependence to an all-time high.  According to the U.S. Census Bureau, 49 percent of all Americans now live in a home that receives money from the government each month. Sadly, the trends that are destroying the middle class in America just continue to accelerate.
  • With a huge assist from the Republican leadership in Congress, Barack Obama recently completed negotiations on the Trans-Pacific Partnership.  Also known as Obamatrade, this insidious new treaty is going to cover nations that collectively account for 40 percent of global GDP.  Just like NAFTA, this treaty will result in the loss of thousands of businesses and millions of good paying American jobs.  Let us hope and pray that Congress somehow votes it down. Another thing that is working against the middle class is the fact that technology is increasingly taking over our jobs.  With each passing year, it becomes cheaper and more efficient to have computers, robots and machines do things that humans once did. Eventually, there will be very few things that humans will be able to do more cheaply and more efficiently than computers, robots and machines.  How will most of us make a living when that happens?…
  • For decades, we have been training our young people to have the goal of “getting a job” once they get out into the real world.  But in America today there are not nearly enough good jobs to go around, and this crisis is only going to accelerate as we move into the future. I do not believe that it is wise to pin your future on a corporation that could replace you with a foreign worker or a machine the moment that it becomes expedient to do so.  We need to start thinking differently, because the paradigms that worked in the past are fundamentally breaking down.
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    From a website with the same title as this Diigo group.
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The Fourth Industrial Revolution: what it means and how to respond - Agenda - The World... - 0 views

  • The First Industrial Revolution used water and steam power to mechanize production. The Second used electric power to create mass production. The Third used electronics and information technology to automate production. Now a Fourth Industrial Revolution is building on the Third, the digital revolution that has been occurring since the middle of the last century. It is characterized by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres.
  • Like the revolutions that preceded it, the Fourth Industrial Revolution has the potential to raise global income levels and improve the quality of life for populations around the world. To date, those who have gained the most from it have been consumers able to afford and access the digital world; technology has made possible new products and services that increase the efficiency and pleasure of our personal lives. Ordering a cab, booking a flight, buying a product, making a payment, listening to music, watching a film, or playing a game—any of these can now be done remotely.
  • In the future, technological innovation will also lead to a supply-side miracle, with long-term gains in efficiency and productivity. Transportation and communication costs will drop, logistics and global supply chains will become more effective, and the cost of trade will diminish, all of which will open new markets and drive economic growth.
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  • As automation substitutes for labor across the entire economy, the net displacement of workers by machines might exacerbate the gap between returns to capital and returns to labor. On the other hand, it is also possible that the displacement of workers by technology will, in aggregate, result in a net increase in safe and rewarding jobs.
  • I am convinced of one thing—that in the future, talent, more than capital, will represent the critical factor of production.
  • This will give rise to a job market increasingly segregated into “low-skill/low-pay” and “high-skill/high-pay” segments, which in turn will lead to an increase in social tensions.
  • In addition to being a key economic concern, inequality represents the greatest societal concern associated with the Fourth Industrial Revolution.
  • The largest beneficiaries of innovation tend to be the providers of intellectual and physical capital—the innovators, shareholders, and investors—which explains the rising gap in wealth between those dependent on capital versus labor.
  • Technology is therefore one of the main reasons why incomes have stagnated, or even decreased, for a majority of the population in high-income countries: the demand for highly skilled workers has increased while the demand for workers with less education and lower skills has decreased. The result is a job market with a strong demand at the high and low ends, but a hollowing out of the middle.
  • A winner-takes-all economy that offers only limited access to the middle class is a recipe for democratic malaise and dereliction.
  • An underlying theme in my conversations with global CEOs and senior business executives is that the acceleration of innovation and the velocity of disruption are hard to comprehend or anticipate and that these drivers constitute a source of constant surprise, even for the best connected and most well informed. Indeed, across all industries, there is clear evidence that the technologies that underpin the Fourth Industrial Revolution are having a major impact on businesses.
  • On the supply side, many industries are seeing the introduction of new technologies that create entirely new ways of serving existing needs and significantly disrupt existing industry value chains. Disruption is also flowing from agile, innovative competitors who, thanks to access to global digital platforms for research, development, marketing, sales, and distribution, can oust well-established incumbents faster than ever by improving the quality, speed, or price at which value is delivered.
  • Major shifts on the demand side are also occurring, as growing transparency, consumer engagement, and new patterns of consumer behavior (increasingly built upon access to mobile networks and data) force companies to adapt the way they design, market, and deliver products and services.
  • A key trend is the development of technology-enabled platforms that combine both demand and supply to disrupt existing industry structures, such as those we see within the “sharing” or “on demand” economy. These technology platforms, rendered easy to use by the smartphone, convene people, assets, and data—thus creating entirely new ways of consuming goods and services in the process. In addition, they lower the barriers for businesses and individuals to create wealth, altering the personal and professional environments of workers. These new platform businesses are rapidly multiplying into many new services, ranging from laundry to shopping, from chores to parking, from massages to travel.
  • On the whole, there are four main effects that the Fourth Industrial Revolution has on business—on customer expectations, on product enhancement, on collaborative innovation, and on organizational forms.
  • Overall, the inexorable shift from simple digitization (the Third Industrial Revolution) to innovation based on combinations of technologies (the Fourth Industrial Revolution) is forcing companies to reexamine the way they do business. The bottom line, however, is the same: business leaders and senior executives need to understand their changing environment, challenge the assumptions of their operating teams, and relentlessly and continuously innovate.
  • governments will increasingly face pressure to change their current approach to public engagement and policymaking, as their central role of conducting policy diminishes owing to new sources of competition and the redistribution and decentralization of power that new technologies make possible.
  • Ultimately, the ability of government systems and public authorities to adapt will determine their survival. If they prove capable of embracing a world of disruptive change, subjecting their structures to the levels of transparency and efficiency that will enable them to maintain their competitive edge, they will endure. If they cannot evolve, they will face increasing trouble.
  • In the end, it all comes down to people and values. We need to shape a future that works for all of us by putting people first and empowering them. In its most pessimistic, dehumanized form, the Fourth Industrial Revolution may indeed have the potential to “robotize” humanity and thus to deprive us of our heart and soul. But as a complement to the best parts of human nature—creativity, empathy, stewardship—it can also lift humanity into a new collective and moral consciousness based on a shared sense of destiny. It is incumbent on us all to make sure the latter prevails.
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A Loophole Allows Banks - But Not Other Companies - to Create Money Out of Thin Air Was... - 0 views

  • The central banks of the United States, England, and German – as well as 2 Nobel-prize winning economists – have all shown that banks create money out of thin air … even if they have no deposits on hand. The failure of most governments and most mainstream economists to understand this fact – they instead believe the myth that people make deposits at their bank, and these deposits are then lent out to new borrowers – is the main cause of our rampant inequality and economic problems. But how do banks actually make loans before they have sufficient deposits on hand?
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Why Did the Saudi Regime and Other Gulf Tyrannies Donate Millions to the Clinton Founda... - 0 views

  • As the numerous and obvious ethical conflicts surrounding the Clinton Foundation receive more media scrutiny, the tactic of Clinton-loyal journalists is to highlight the charitable work done by the foundation, and then insinuate — or even outright state — that anyone raising these questions is opposed to its charity. James Carville announced that those who criticize the foundation are “going to hell.” Other Clinton loyalists insinuated that Clinton Foundation critics are indifferent to the lives of HIV-positive babies or are anti-gay bigots. That the Clinton Foundation has done some good work is beyond dispute. But that fact has exactly nothing to do with the profound ethical problems and corruption threats raised by the way its funds have been raised. Hillary Clinton was America’s chief diplomat, and tyrannical regimes such as the Saudis and Qataris jointly donated tens of millions of dollars to an organization run by her family and operated in its name, one whose works has been a prominent feature of her public persona. That extremely valuable opportunity to curry favor with the Clintons, and to secure access to them, continues as she runs for president.
  • The claim that this is all just about trying to help people in need should not even pass a laugh test, let alone rational scrutiny. To see how true that is, just look at who some of the biggest donors are. Although it did not give while she was secretary of state, the Saudi regime by itself has donated between $10 million and $25 million to the Clinton Foundation, with donations coming as late as 2014, as she prepared her presidential run. A group called “Friends of Saudi Arabia,” co-founded “by a Saudi Prince,” gave an additional amount between $1 million and $5 million. The Clinton Foundation says that between $1 million and $5 million was also donated by “the State of Qatar,” the United Arab Emirates, and the government of Brunei. “The State of Kuwait” has donated between $5 million and $10 million. Theoretically, one could say that these regimes — among the most repressive and regressive in the world — are donating because they deeply believe in the charitable work of the Clinton Foundation and want to help those in need. Is there a single person on the planet who actually believes this? Is Clinton loyalty really so strong that people are going to argue with a straight face that the reason the Saudi, Qatari, Kuwaiti and Emirates regimes donated large amounts of money to the Clinton Foundation is because those regimes simply want to help the foundation achieve its magnanimous goals?
  • All those who wish to argue that the Saudis donated millions of dollars to the Clinton Foundation out of a magnanimous desire to aid its charitable causes, please raise your hand. Or take the newfound casting of the Clinton Foundation as a champion of LGBTs, and the smearing of its critics as indifferent to AIDS. Are the Saudis also on board with these benevolent missions? And the Qataris and Kuwaitis?
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  • Which is actually more homophobic: questioning the Clinton Foundation’s lucrative relationship to those intensely anti-gay regimes, or cheering and defending that relationship? All the evidence points to the latter. But whatever else is true, it is a blatant insult to everyone’s intelligence to claim that the motive of these regimes in transferring millions to the Clinton Foundation is a selfless desire to help them in their noble work. Another primary project of the Clinton Foundation is the elimination of wealth inequality, which “leads to significant economic disparities, both within and among countries, and prevents underserved populations from realizing their potential.” Who could possibly maintain that the reason the Qatari and Emirates regimes donated millions to the Clinton Foundation was their desire to eliminate such economic oppression?
  • It doesn’t exactly take a jaded disposition to doubt that these donations from some of the world’s most repressive regimes are motivated by a desire to aid the Clinton Foundation’s charitable work. To the contrary, it just requires basic rationality. That’s particularly true given that these regimes “have donated vastly more money to the Clinton Foundation than they have to most other large private charities involved in the kinds of global work championed by the Clinton family.” For some mystifying reason, they seem particularly motivated to transfer millions to the Clinton Foundation but not the other charities around the world doing similar work. Why might that be? What could ever explain it? Some Clinton partisans, unwilling to claim that Gulf tyrants have charity in their hearts when they make these donations to the Clinton Foundation, have settled on a different tactic: grudgingly acknowledging that the motive of these donations is to obtain access and favors, but insisting that no quid pro quo can be proven. In other words, these regimes were tricked: They thought they would get all sorts of favors through these millions in donations, but Hillary Clinton was simply too honest and upstanding of a public servant to fulfill their expectations. The reality is that there is ample evidence uncovered by journalists suggesting that regimes donating money to the Clinton Foundation received special access to and even highly favorable treatment from the Clinton State Department. But it’s also true that nobody can dispositively prove the quid pro quo. Put another way, one cannot prove what was going on inside Hillary Clinton’s head at the time that she gave access to or otherwise acted in the interests of these donor regimes: Was she doing it as a favor in return for those donations, or simply because she has a proven affinity for Gulf State and Arab dictators, or because she was merely continuing decades of U.S. policy of propping up pro-U.S. tyrants in the region?
  • While this “no quid pro quo proof” may be true as far as it goes, it’s extremely ironic that Democrats have embraced it as a defense of Hillary Clinton. After all, this has long been the primary argument of Republicans who oppose campaign finance reform, and indeed, it was the primary argument of the Citizens United majority, once depicted by Democrats as the root of all evil. But now, Democrats have to line up behind a politician who, along with her husband, specializes in uniting political power with vast private wealth, in constantly exploiting the latter to gain the former, and vice versa. So Democrats are forced to jettison all the good-government principles they previously claimed to believe and instead are now advocating the crux of the right-wing case against campaign finance reform: that large donations from vested factions are not inherently corrupting of politics or politicians. Indeed, as I documented in April, Clinton-defending Democrats have now become the most vocal champions of the primary argument used by the Citizens United majority. “We now conclude,” wrote Justice Anthony Kennedy for the Citizens United majority, “that independent expenditures, including those made by corporations, do not give rise to corruption or the appearance of corruption.” That is now exactly the argument Clinton loyalists are spouting to defend the millions in donations from tyrannical regimes (as well as Wall Street banks and hedge funds): Oh, there’s no proof there’s any corruption going on with all of this money. The elusive nature of quid pro quo proof — now the primary Democratic defense of Clinton — has also long been the principal argument wielded by the most effective enemy of campaign finance reform, GOP Sen. Mitch McConnell. This is how USA Today, in 1999, described the arguments of McConnell and his GOP allies when objecting to accusations from campaign finance reform advocates that large financial donations are corrupting:
  • So if you want to defend the millions of dollars that went from tyrannical regimes to the Clinton Foundation as some sort of wily, pragmatic means of doing good work, go right ahead. But stop insulting everyone’s intelligence by pretending that these donations were motivated by noble ends. Beyond that, don’t dare exploit LGBT rights, AIDS, and other causes to smear those who question the propriety of receiving millions of dollars from the world’s most repressive, misogynistic, gay-hating regimes. Most important, accept that your argument in defense of all these tawdry relationships — that big-money donations do not necessarily corrupt the political process or the politicians who are their beneficiaries — has been and continues to be the primary argument used to sabotage campaign finance reform. Given who their candidate is, Democrats really have no choice but to insist that these sorts of financial relationships are entirely proper (needless to say, Goldman Sachs has also donated millions to the Clinton Foundation, but Democrats proved long ago they don’t mind any of that when they even insisted that it was perfectly fine that Goldman Sachs enriched both Clintons personally with numerous huge speaking fees — though Democrats have no trouble understanding why Trump’s large debts to Chinese banks and Goldman Sachs pose obvious problems). But — just as is true of their resurrecting a Cold War template and its smear tactics against their critics — the benefits derived from this tactic should not obscure how toxic it is and how enduring its consequences will likely be.
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Richest One Percent Bagged 82 Percent of Global Wealth - Poorest Half of Humanity Got N... - 0 views

  • Eighty two percent of the wealth generated last year went to the richest one percent of the global population, while the 3.7 billion people who make up the poorest half of the world saw no increase in their wealth, according to a new Oxfam report released today.  The report is being launched as political and business elites gather for the World Economic Forum in Davos, Switzerland. ‘Reward Work, Not Wealth’ reveals how the global economy enables a wealthy elite to accumulate vast fortunes while hundreds of millions of people are struggling to survive on poverty pay. Billionaire wealth has risen by an annual average of 13 percent since 2010 – six times faster than the wages of ordinary workers, which have risen by a yearly average of just 2 percent. The number of billionaires rose at an unprecedented rate of one every two days between March 2016 and March 2017. It takes just four days for a CEO from one of the top five global fashion brands to earn what a Bangladeshi garment worker will earn in her lifetime. In the US, it takes slightly over one working day for a CEO to earn what an ordinary worker makes in a year. It would cost $2.2 billion a year to increase the wages of all 2.5 million Vietnamese garment workers to a living wage. This is about a third of the amount paid out to wealthy shareholders by the top 5 companies in the garment sector in 2016.
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For most Americans, real wages have barely budged for decades | Pew Research Center - 0 views

  • On the face of it, these should be heady times for American workers. U.S. unemployment is as low as it’s been in nearly two decades (3.9% as of July) and the nation’s private-sector employers have been adding jobs for 101 straight months – 19.5 million since the Great Recession-related cuts finally abated in early 2010, and 1.5 million just since the beginning of the year. But despite the strong labor market, wage growth has lagged economists’ expectations. In fact, despite some ups and downs over the past several decades, today’s real average wage (that is, the wage after accounting for inflation) has about the same purchasing power it did 40 years ago. And what wage gains there have been have mostly flowed to the highest-paid tier of workers.
  • The disconnect between the job market and workers’ paychecks has fueled much of the recent activism in states and cities around raising minimum wages, and it also has become a factor in at least some of this year’s congressional campaigns.
  • After adjusting for inflation, however, today’s average hourly wage has just about the same purchasing power it did in 1978, following a long slide in the 1980s and early 1990s and bumpy, inconsistent growth since then. In fact, in real terms average hourly earnings peaked more than 45 years ago: The $4.03-an-hour rate recorded in January 1973 had the same purchasing power that $23.68 would today.
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