Archive for the ‘wealth redistribution’ Category

The above is as true as can be, otherwise, why would Wall Street Democratic Senator Ron Wyden be on the same side as Wall Street Republican Senators Orrin Hatch and Mitch McConnell when it comes to the Trans-Pacific Partnership? Why are Wall Street Democratic President Barack Obama on the same side as Wall Street Congressman Paul Ryan when it comes to the Trans-Pacific Partnership? Why are former Wall Street Senator Hilliary Clinton on the same side as Wall Street Republican Senator Marco Rubio? Wall Street investment banks, and several billionaires, own all of these politicians and more. The Trans-Pacific Partnership is a massive scam that will redistribute even more income and political power from the 99 to the 1 percent, even though the 1 percent now steal 37 percent of all income produced in the United States, up from 8 percent in 1980. So who do all of these Democrats and Republicans work for? Oh, that’s right: Wall Street.

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The Republicans are proposing helping the already super rich with tax cuts they don’t need, and spending that will only help the super rich., such as the increase in military spending. Currently, the United States spends more on military spending than the next twenty-five largest nations in terms of military spending, and twenty-four of these are US allies. The budget proposal is all about serving a large slice of the 0.01 percent that control the Republican Party, as well as 2/3’s of the Democratic Party. It’s all about redistributing government spending from those in need to those who don’t need anything.

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The real question is, “Why would anybody trust corporate America? The tobacco corporations lied to us about lung cancer and tobacco, the big banks have lied to us, the corporate press lies to us, the genetically modified corporations lie to us, government politicians on the corporate dole lie to us, and so on and so forth.

Why would anybody purchase pre-manufactured soups and other foods knowing these products might have GMO poisons in them?

The following soups contain GMO poisons, typically in the form of corn-based thickeners and flavoring enhancements:

Campbell’s Basic Soups

Cheddar Cheese
Chicken Noodle
Cream of Broccoli
Cream of Celery
Cream of Chicken
Cream of Mushroom
Green Pea

Campbell’s Healthy Request

Chicken Noodle
Cream of Celery
Cream of Chicken
Cream of Mushroom

Campbell’s Select

Baked Potato with Steak & Cheese
Beef with Rice
Chicken Rice
Grilled Chicken with Sundried Tomatoes
Hearty Chicken & Vegetable
Pepper Steak
New England Clam Chowder
Roasted Chicken with Rice
Vegetable Beef

Campbell’s Simply Home

Bean & Pasta
Chicken Barley
Chicken Noodle
Chicken & Rice
Chicken & Wild Rice
Corn Chowder
Country Vegetable
Crab Soup
Fat Free Chicken Noodle
Fat Free Lentil
Fat Free Minestrone
Fat Free Roast Chicken
Fiesta Chicken
Garden Vegetable
Lobster Bisque
New England Clam Chowder
Roasted Chicken with Rotini
Tomato Basil
Vegetable Beef with Pasta
Zesty Herb Tomato

Campbell’s Soup to Go

Chicken Noodle
Chicken Rice
Garden Vegetable
Vegetable Beef & Rice

Healthy Choice (ConAgra)
All soups

Pepperidge Farms (Campbells)
All soups

Progresso (Pillsbury)
All soups

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Knowing the truth can set you free. Knowledge of the forces that constrain you is the first step toward achieving freedom. Great spirits always encounter violent opposition from mediocre and bought off mouths and minds.

So here’s economic myths numbers four and five.

4. Myth: Free trade is good, but only if you’re rich.
Fact: International income redistribution agreements are falsely marketed as free trade agreements. These agreements are perhaps the biggest reason why the 99 percent receive only 66 percent of the income created in the United States nowadays, compared to 8 percent.

5. Myth: The United States is a democracy in which all the people are represented.
Fact: The United States is a plutocracy, which is a government of the rich, by the rich, and for the rich. At times in the past, the USA has had a national government that represented most of the people, but never all of the people. When this has occurred the rich only received 8 percent of national income. Today the rich steal 36 percent of the total national income.

In other words, income distribution is solely linked to political power. Whosoever has the gold makes the rules.

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The war on the middle class began in 1981 with a well orchestrated anti-labor union message spread throughout all aspects of the national news media. It was a full frontal assault. It still is.

According to the Economic Policy Institute, “As a broad attack on unions continues, with Republican politicians leading efforts to eliminate unions or weaken them in Illinois and Wisconsin, Missouri and West Virginia, and county-by-county in Kentucky, it’s wise to think about what’s at stake. We now know what happens when employers hold most of the cards and employee power is diminished: profits and CEO pay skyrocket, and worker pay flat lines.

It is no coincidence that, as the Figure (above) shows, the share of income going to the broad middle class began to fall as union membership and power were reduced. The middle 60 percent of families depend primarily on wages for their income, so as the unions’ ability to raise wages diminished, so did the ability of middle class families to earn a fair share of the nation’s growing income. Research has shown that as unions were less able to establish wage standards the wages of nonunion workers in the same occupations and sectors were also reduced. Politicians who care about the middle class should be looking for ways to help workers gain access to collective bargaining and restore union strength. They certainly ought not weaken them further and limit or forbid collective bargaining.”

International income redistribution agreements, falsely marketed as free trade agreements, have been the primary tool used by corporate CEOs in their war against labor unions. These agreements allowed US corporations to export nearly 30 million jobs between 1990 and 2010, and millions more since then. See Exporting Jobs–Global Intersection. Millions of these were labor union jobs.

When a job is exported the difference between the old higher wages and the new lower wages is redistributed from the 99 to the 1 percent via higher corporate profits, rising dividends and surging share prices. The citizens who lose their jobs might wind up with unemployment insurance, if they’re lucky.

This is one of the reasons why Thomas Piketty is able to write in his international best seller Capitalism in the Twenty-First Century that the US has the greatest mal-distribution of labor income of any nation in the history of the world. CEO pay has skyrocketed in large measure because they are able to ship millions of jobs overseas and redistribute part of the proceeds into their own pockets.

This is also why the 1 percent have gotten wealthier over the last thirty years. Currently, the 1 percent steal a little over 36 percent of all the income produced in the United States, up from 8 percent in 1978. At the current rate of growth, the 1 percent will steal about 40 percent of the total income produced in the USA by next year.

The economic and political strategy of the 1 percent has been quite sound; destroy the middle class by shipping jobs overseas, while simultaneously attacking labor unions at home. That’s why there is such a vicious assault on public employee labor unions, and such a large push to give Fast Track Authority to President Obama, so that he can sign the Trans Pacific Partnership into law when it is introduced into congressional debate. This is the largest income and political power redistribution scam in US history, and it is falsely being labeled a free trade agreement.

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“MSNBC host and labor advocate Ed Schultz blasted the Obama administration for not standing up for labor workers on “The Ed Show” Tuesday.

One day after Scott Walker dealt another blow to unions by signing right-to-work into law in Wisconsin, Schultz said Obama and the administration have been a “no show” since taking office.

“I have wanted to say this for a long time,” Schultz started. “’All of the sudden President Obama and Vice President Biden are concerned about the depletion of union membership in America and the general attack on unions.'”

Schultz also castigated the president, as well as other democrats such as Wall Street Senator Ron Wyden, for supporting Fast Track Authority and the Trans-Pacific Partnership (TPP); the latter is a job killing, income and political power redistribution scam falsely marketed as a free trade agreement. It has almost nothing to do with trade. It’s about redistributing the income and voting rights of the 99 to the 1 percent. It’s about bypassing Wall Street regulations, which will allow investment banks to drive the US economy into the next Great Depression, which coincidentally, the economy is already bracing for.

The TPP is the most secretive treaty of all time, and we know very little about it since what we know has been leaked.

If congress gives the president Fast Track Authority, then there will be almost no public input and congressional debate on the TPP, no amendments will be offered, and no senate filibuster will be allowed once TPP is introduced into the legislature.

Check out Ed’s show on these issues at the link below.

President Obama is a No-show on Labor Union Issues–Daily Caller

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Why does President Obama want congress to grant him Fast Track Authority and the Trans Pacific Partnership? Why do Wall Street Senators like Orrin Hatch, Mitch McConnell and Ron Wyden want the president to have these things?

Richard Trumpka, president of the AFL-CIO, tells you in the video above it’s above shipping jobs overseas and lowering wages. He’s correct, and incorrect.

More precisely, the president wants Fast Track Authority in order to limit senate debate on the issue of the Trans Pacific Partnership (TPP), the largest income redistribution scam of all time, falsely labeled as a free trade agreement.  The TPP will ship millions of jobs overseas and lower wages here at home, but it will do so to redistribute the difference between the old higher wages here and the new super lower wages overseas to the 1 percent via higher share prices, rising profits and soaring dividends.

That should tell you who the president and Ron Wyden really represents in the white house (Goldman Sachs, Warren Buffett, massive hedge funds, etc….) and who Orrin Hatch and Mitch McConnell represents (Goldman Sachs, Koch brothers, and massive hedge funds).

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