The middle class is under siege because your government has been hijacked by the rich and corporations. See the article below for the full story.
Archive for November 27th, 2011
The answer to the title of this article is simple. The deficit would be gone. Amazing isn’t it? Instead of raising tax rates to previous levels, the corporate controlled congress and president are negotiating what to cut, and it won’t be the military.
However, right now big money runs the government. So we have an economic crisis that is growing, inequality still growing, and eventually a complete economic collapse will occur that shouldn’t happen if the government was responsible to the people, rather than its wealthy and corporate overlords.
To get a feel for how badly corrupted big money has made congress, the president and the corporate wing of the supreme court, we have the example below.
“A revealing historical incident can introduce our conclusion about the capitalist crisis as it enters Year Five. In May 2011, as gasoline prices rose to between $4 and $5 per gallon, a US Senate committee run by Democrats summoned the heads of major oil companies to testify. The senators asked why the federal government should continue to provide them with special tax loopholes and direct subsidies of $4 billion per year when their companies were earning record high profits. The Democrats had offered a meek plan to merely cut those loopholes and subsidies from $4 to $2 billion per year. After the hearings, the US Senate voted not to cut the loopholes and subsidies at all.”
Click on the story below and read the real story.
Update: As of 6:15, Michael Tracey tweets, “Chief Inspector Joe Sullivan indicates police will *not* be forcibly evicting @OccupyPhilly tonight.”
Following the passing of a 5:00 PM Sunday deadline issued by the City of Philadelphia for the eviction of Occupy Philadelphia protesters from the site where they are encamped near City Hall, police action is expected shortly.
The FireDogLake liveblog reported at 5:33 that according to Michael Tracey (@mtracey), “about 15 police vehicles are at the site outside City Hall. There are a couple vehicles affiliated with Homeland Security. And, then are muncipal [sic] dump trucks there too.”
The liveblog suggests that Philadelphia police are anxious to avoid a violent confrontation and have a tacit agreement with the occupiers that at some point most of the protesters will leave, while those who wish to engage in non-violent civil disobedience will remain and be arrested. A legal team is already prepared to defend them in court.
At 5:44, Michael Tracey tweeted, “A deputy police commissioner just had an informative discussion w/ me re: the department’s tactical response to @OccupyPhilly. NYPD = #fail”
Posted in Uncategorized, tagged Citizen's United, Constitution, First Amendment, Occupy Movement, Occupy wall street, supreme court on Jpm11000000pmSun, 27 Nov 2011 17:51:12 +000011 10, 2010 | Leave a Comment »
by Robert Reich
Sunday, November 27, 2011
A funny thing happened to the First Amendment on its way to the public forum: It was hijacked.
According to the Supreme Court, money is now speech, and corporations are now people.
Yet when real people without money assemble to express their dissatisfaction with the political consequences of this, they’re treated as public nuisances – clubbed, pepper-sprayed, thrown out of public parks and evicted from public spaces.
The Supreme Court’s Citizens United decision last year ended all limits on political spending. Now millions of dollars are being funneled to politicians without a trace.
The limits were eroding even before Citizens United. For years, large corporations have been flooding Washington with lobbyists who bundle individual contributions into a formidable war chest, bankrolling more and more lawmakers’ campaigns.