As the United States government continues to enact policies that redistribute income from working people to the rich, as it continues to function on behalf of the very wealthy and to the detriment of the vast majority of citizens, the standard of living for most Americans continues to sink. There are a lot better places for Americans to live, and more and more, it’s not in the United States. So where can we move to? Click below to check out the answer.
Archive for January 18th, 2012
Posted in Uncategorized, tagged after shock, Aftershock, automation, Class war, David Ricardo, Free trade, Karl Marx, review, Robert Reich, Ron Wyden on Jpm1000000pmWed, 18 Jan 2012 12:17:09 +000012 10, 2010 | Leave a Comment »
“Aftershock” is a copycat ripoff of several other books. There are significant differences. Aftershock lacks the depth of analysis of similar books.
On the other hand, like many others starting a decade or more ago, Reich correctly identifies the mal-distribution of income in the USA that has occurred over the last thirty years as the primary problem with the economy. Okay, give Reich credit. Like a lot of other people, he figured that one out.
After that Reich moves off into a fantasy world when he blames automation as the primary culprit for the loss of jobs in the United States and one of the chief culprits for the redistribution of income from working people to the rich over the last thirty years. What nonsense! Perhaps this was a way for Reich to exonerate the Clinton Administration and its support of free trade agreements like Nafta. Reich was labor secretary under Clinton. The problem is that free trade agreements are a primary agent of income redistribution.
A corporation ships high paying job overseas and then redistributes the difference between the old compensation in the USA and the new lower compensation in third world nations to rich CEOs and shareholders via higher dividends and share prices. Anybody with half a brain can see this, but Reich can’t.
Reich’s book came out just in time to give corporate Democrats the rationale they need to support free trade agreements last summer with South Korea, Columbia and Panama. The Economic Policy Institute estimates nearly a million American jobs will be lost over the next ten years to the South Korea free trade agreement alone. Millions more might be lost to Panama and Columbia. Congress approved those treaties last October and President Obama decided losing jobs wasn’t a big deal since his re-election wasn’t for another year.
Liberal Democratic Senator Ron Wyden prepared a summer offensive in 2011 in the latest round of his war against the middle class. This corporate plutocrat is a member of the Senate Finance Committee. Wyden is also the chairperson of the subcommittee on trade. Those three trade agreements came come through Wyden. He supported them.
Jaymie White is Wyden’s point man on trade for the subcommittee. At a meeting last year with activists opposed to these free trade income redistribution agreements, White insisted that free trade did not cost our nation any jobs. He insisted automation is the culprit.
Thank you Robert Reich for giving talking points to the corporate Democrats even though knowledgeable people know this is a lie. Free trade is an income redistribution scam and Reich knows this. By the way, the idea of automation as a permanent job destroyer goes back to David Ricardo and Karl Marx.
Look what automation has done for manufacturing in China. It has created millions of jobs. It’s true that automation kills jobs, but the forces that bring about automation also bring more jobs. Think in terms of a store clerk twenty years ago. Nowadays, some of them have been replaced by machines. So those people have lost their jobs. But the machines have to be designed, built, installed and maintained. That creates more jobs.
Same thing with typewriters. They’re still around but not widely used compared to fifty years ago. They’ve been replaced by computers. The computer industry supports a lot more jobs per capita than the old typewriter industry used to. Ergo, Reich is completely wrong on this.
That’s why despite automation, and productivity increases, the number of jobs actually increase. That’s why Reich and this book are full of it.
One way to fight the one percent is to join the Occupy movement. Go on line, scroll down to Google, scribble in the name of the town you live in along with the word Occupy, and you’ll likely be at the home page of the local chapter of the Occupy Movement. There are other things you can do, too. In Portland, Oregon, where I live, you can find the local chapter and other information. By the way, the local chapter for Portland is occupyPortland.org. Click the link below and you can discover some of the other information.
Resistance is Not Futile! Resist the One Percent, Their Plutocrats and the Corrupt, Corporate Wing of the Supreme Court
Posted in Uncategorized, tagged $26 Trillion, 2012, 26 trillions, dollars, Federal Reserve, inflation, Oregon Fair Trade, Trans-Pacific Free Trade Treaty on Jam1000000amWed, 18 Jan 2012 10:06:12 +000012 10, 2010 | Leave a Comment »
There are numerous ways to resist! One of them is to get involved. For starters, join the fight against free trade treaties.
During 2012, President Obama and the corporate plutocrats in congress have another jobs outsourcing treaty in the pipeline. They call it a trade treaty, but it’s really a jobs exporting, income redistributing treaty. When jobs are exported, the difference between the old wages here and the lower new wages there are given to the rich via higher corporate profits, rising dividends and enhanced share prices. The job losers (that’s us) get uncertain futures. It’s the largest “Jobs Exporting, Income Redistribution Treaty” since NAFTA. This treaty is called the Trans-Pacific Free Trade Treaty by corporate representatives in government, but it will redistribute more income from working people to the rich, which is what it’s real purpose is.
Get involved in your area to help stop this massive income redistribution treaty, whose sole purpose is to impoverish the citizens of the United States, and then take their income and hand it to the rich in the form of higher corporate profits, rising dividends and share prices.
It has to make you wonder. How is it possible that our representatives in congress can possibly imagine that the mass of working people can continue to purchase enough stuff to keep corporate profits moving higher when they intend to redistribute more of our income to the rich. Maybe we’re not important anymore since the Federal Reserve can print trillions of dollars, hand it over to the banks, fix their books to make it look like the banks paid the money back, and then pretend as though nothing happened. The banks can then fix their own books to make it look like they paid the money back, and then funnel it to enhance corporate profits, pushing their dividends and share prices ever higher. The rich, of course, get richer, while we get unemployment and inflation. More on inflation later.
For more information on what this treaty does, check out the link below.