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Income inequality continues to rise, according to a September 2019 study from the United States Census Bureau. However, it is terribly understated. In Oregon, income inequality continues to grow. This reflects what is happening nationally, as well as internationally.

According to the Oregon Center for Public Policy (OCPP), “Oregonians are facing a scary reality: the income gap separating those Oregonians in the middle of the income ladder and those at the very top has never been wider. In 1980, it took 26 typical (median income) Oregonians to equal the average income of the highest-earning taxpayers — the top one-tenth of 1 percent. By 2017, this had grown to 131 typical Oregonians. That is nearly a five-fold increase.”

“As frightening as income inequality is, inequality by wealth is even scarier. Income refers to how much money you earn in a year, while wealth is the sum total of all of your assets minus all of your debts. No good sources for wealth inequality at the state level exist, but national figures show that wealth is even more concentrated at the top than income. In 2018, the wealthiest 10 percent of Americans together held 70 percent of the nation’s wealth, while the bottom half of Americans together owned only 1 percent of the nation’s wealth.” In addition, three Americans (Jeff Bezos, Bill Gates and Warren Buffett) hold more wealth than the bottom 50 percent of Americans, and these figures are from two years ago, meaning these figures are most likely understated as of 2020.

With rising inequality, our faith in the “American Dream” is fading, being replaced instead with an American Nightmare. Research from the Center for American Progress found that as income inequality has increased, it has contributed to Americans becoming more pessimistic and less trusting of one another and our political leaders.

Federal policy, and the policy of both major political parties, is to redistribute income and wealth from the 99.5 percent to the 0.5 percent, the multi-millionaires and billionaires.

Quite naturally, the corporate media have now undertaken a campaign of disinformation, questioning what is obvious to the vast majority of Americans, seeking to instill doubt about the extent of income and wealth inequality.

However, both inequalities are far more significant than have been accepted. For example, three economists have examined U.S. income tax returns from the last several decades. These three have determined the top 1 percent receive 22-23 percent of all income produced in the United States nowadays compared to 8 percent in 1979. The Census Bureau’s study shows the top five percent took 23.2 percent of all income in 2018, compared to 22.3 percent in 2017.

On the other hand, there is unreported income, income hidden in Panamanian and Swiss banks, as well as elsewhere. The reality is that the top 1 percent steal closer to 38 percent of all income made in the USA. No doubt their accumulation of wealth mirrors that since you need income to generate wealth.

The results of these growing inequalities have not been kind to the 99 percent. Suicide rates, alcoholism, rates of depression and other maladies have all increased for the 99 percent during this era of inequality and political corruption. The corporate news media has been supportive of the growing inequalities by sowing the seeds of discord, pitting a variety of sectors of the 99 percent against each other in order to divert our eyes from income and wealth inequality. People trust each other less than in decades past because of the media.

In the meantime, the corporate news media, the billionaires who control both major political parties, have waged war against the only two presidential candidates of the people, while supporting the candidates of the billionaires, such as Joe Biden and Pete Buttigieg. Buttigieg’s recent attacks on Sanders and Warren suggest the billionaires who control him have unleashed him in order to stop veteran billionaire brown-noser Joe Biden from having to do so and alienating Warren and Sanders voters in the process, which might not be a good thing to do with the general election coming up.

Do not fall for this con if you are tired of working more and earning less so that billionaires can have more of what you earned.

US Census Bureau on Income Inequality

See https://www.ocpp.org/2019/10/30/scary-facts-economic-inequality/

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Elizabeth Warren announced yesterday that she was forming an exploratory committee to determine whether or not she should make a run for the United States presidency.

Meanwhile, as of last week, former Wall Street Senator Claire McCaskell has been making the rounds on national television shows to voice complaints against newly elected United States Congresswoman Alexandria Ocasio-Cortez of New York. She does not mention Ocasio-Cortez by name. Claire simply alludes to her existence, and she is very critical of what that existence stands for. As a Senator, McCaskell’s voting record shows she was clearly controlled by Wall Street money. For example, McCaskell successfully co-authored a bill that rolled back regulations on Wall Street investment firms. Ocasio-Cortez is against relaxing regulations against Wall Street.

This suggests the Democratic Party Leadership, which Wall Street controls, is using McCaskell as a high profile figurehead in its attack against the progressive insurgency within the Democratic Party. Ocasio-Cortez is the most visible member of the progressive wing in the US House of Representatives. Elizabeth Warren is another high profile progressive, and perhaps the most anti-Wall Street of the bunch.

Much like Warren, Cortez campaigned on issues such as the $15 minimum wage, Medicare for All, free college for all, and the rest of the Bernie Sanders platform. McCaskell was against all those things, all of which would cut into corporate and Wall Street profits if enacted.

McCaskell had the audacity to suggest progressive politics was a vote-losing strategy, and this is why the Democratic Party has been losing elections at all levels of government for over a decade. In reality, more and more grassroots Democratic Party voters realize the party leadership is controlled by Wall Street, and the party has abandoned its progressive past, which is represented by such historic legislation and programs as the New Deal, social security, minimum wages, shared prosperity, etc…. This is why Democrats have lower turnouts and have lost so many elections. The party has not represented working people for four decades. McCaskill is a perfect example of this.

While Missouri citizens voted McCaskell and her Wall Street agenda out of office last November, 68 percent of them voted to increase the state’s minimum wage. The initiative was heavily supported by small business owners.

McCaskell may be voicing her own opinions, but it is just as likely that she is being used by Wall Street controlled Democratic Party leadership as a spearhead in their war against the progressive movement within the Democratic Party. This may not only be the beginning of the war against Ocasio-Cortez, but part of a grander strategy leading up to the conclusion of the 2020 presidential election.

Several progressive Democrats are reportedly looking at that election, which a progressive should easily be able to win if that candidate can get through the Democratic party primary. Besides Warren, Vermont’s U.S. Senator Bernie Sanders and Oregon’s U.S. Senator Jeff Merkley have also been mentioned as possible candidates.

Wall Street’s opening shots in the war of words, lies, and smears have likely been launched against the progressive movement with McCaskell’s December tour of news shows. The billionaire owned and controlled corporate news media will close ranks behind Wall Street’s point-of-view, which means it will paint progressives as negatively as possible while attempting to create a false impression of impartiality, just like when Bernie Sanders ran for president against Wall Street’s chosen candidate, Hillary Rodham Clinton.

This suggests the battle for the soul of the Democratic Party has begun in earnest and in preparation for the 2020 presidential election. Expect Wall Street’s favorite, Hillary Clinton, or Joe Biden, to be the Wall Street Democratic party presidential candidate choice.

As for Elizabeth Warren; she could and should be the first female president of the United States in 2020.

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Here’s how the corporate news media corporate think tanks constantly lie to us.

1. They tell us the US has a big trade deficit with China.

Why it’s a lie.

* US corporations have exported millions of US jobs to China, then exported those things manufactured in China to the US, thereby creating the massive trade deficit. In other words, the US trade deficit with China is really a US trade deficit with US based corporations. These liars in the press know this, but on behalf of their master’s of the one percent, they continue to lie to us.

We’re at the stage now where few people can grasp the issues mainly because the corporate propaganda machine has dumb-downed us.

Here’s another example of a lie.

2. The Trans-Pacific Partnership will create US jobs.

The truth.

* The Trans-Pacific Partnership has almost nothing to do with trade. It’s all about redistributing your income and political power to the 1 percent. But the corporate propaganda machine doesn’t want you to know this. What else don’t they want you to know?

* Twelve nations are nearly finished with negotiating the agreement. The USA has only a few miniscule trade impediments with these nations, which includes Japan, Mexico, Vietnam, and Canada. Vietnam has tariff rates of 15 percent or less depending on the goods shipped from the United States, and this is the highest rate among the TPP nations. Most have less than 5 percent tariffs, and in most cases the average tariff is 0 to 2 percent. In other words, currently, there is not a whole lot of impediments for shipping goods to the member states of the TPP. This means the number of US jobs created by the agreement will be miniscule compared to the number of US jobs the agreement will destroy.

* How much demand for US goods will occur in Vietnam whose wages are less than 1/2 of Chinese wages? The answer, of course, is pretty close to zero.

* TPP will give incentives for US corporations to export millions of US jobs. The Federal Reserve estimates that 28 million US jobs were exported between 1990 and 2010.

* TPP will increase US income and wealth inequality. The 1 percent have already taken 95 percent of all income growth in the United States since 2009. Currently, the 1 percent are stealing 36+ percent of all income produced in the USA, compared to only 8 percent in 1980. International trade scams and other federal legislation have brought inequality about. For example, when the above jobs were exported, the difference between the old higher US wages and the new lower wages will go straight into the pockets of the 1 percent via higher corporate profits, rising dividends and surging share prices.

* Those lost jobs will no longer be paying the taxes for our infrastructure, K-12 education, higher education (tuition and fees will go up), social safety nets, schools, fire, police, public transportation, social security taxes, but those lost jobs will push the stock markets higher.

* TPP will effectively eliminate your voting rights on local and state issues since it will unconstitutionally grant investors of the 0.01 percent special privileges to challenge labeling and health and safety local laws and regulations of the 99 percent, which most people call voter suppression, but in this case it should be called voter elimination.

* TPP will eliminate millions of jobs in Latin America, which will drive millions of more people illegally into the United States and depress wages here.

 

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How the Corporate Propaganda Machine Works in the United States

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Carl Sagan on the dumbing down of the USA

Carl Sagan and the dumbing down of America.

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ABC News recently reported, “Though genetically engineered crops are common and no mainstream science has shown they are unsafe, opponents contend GMOs are still experimental and promote the use of pesticides. They say more testing is needed.”

The Oregonian newspaper and numerous other major corporate propaganda machines continue to echo the same lie.

Numerous university and government studies show the harmful effects of GMOs, but apparently, university and government studies are not “mainstream” enough to qualify as legitimate for the censors of the corporate propaganda machines, which are most often falsely called the mainstream media.

On face value, it would appear only studies on the safety of GMOs will qualify as mainstream if they’re funded by the GMO giants, such as Monsanto and Syngenta of Switzerland.

However, even that’s not the case. It appears that any studies on the safety of GMOs have to show that GMOs are completely safe to human health because a study by the folks at Syngenta show how unsafe GMOs really are.

Back in the 1990s the folks at Syngenta tested one of their GMO grains for cows and discovered it quickly killed its test subjects. It hid the results of its test and promptly began selling the killer grain. In Germany, the cows of a farmer who bought the grain died. The farmer sued Syngenta and its representatives denied under oath that its grain was harmful. After Syngenta was found innocent, a leaked document exposing the test results on cows and cattle performed by the folks at Syngenta made its way to the farmer, who promptly sued again. That case is still bending, but all of this information is available, but the folks at ABC News, like the rest of the US corporate news and propaganda machines, were willing to tell the truth to the public, and there are lots of independent tests that tell the whole story about the dangers of GMOs to public health. This story all over the world, including in major news media, such as the Guardian UK, but there was a complete blackout on the story by the US corporate press.

Certain studies don’t count as mainstream, such as a study by Department of Obstetrics and Gynaecology, at the University of Sherbrooke Hospital Centre in Quebec, Canada, which showed that 93 percent of all newborn babies are contaminated with the Bt toxin which is product of the GMO crops. In England, this study was reported by the mainstream press, such as the Daily Mail. This story was reported by major news media all over the Earth, except in the US.

There are plenty of other mainstream studies that show the health hazards of GMOs.

It appears the only so-called studies on the health impacts of GMOs the mainstream corporate propaganda machine, such as ABC News and the failing Oregonian newspaper, want you to see are those that only show how safe GMOs are, and those are all funded by the GMO giants.

Check out the links below.

Syngenta Coverup–Natural News

The Daily Mail–UK

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government liesThe destruction of middle class jobs and the rise of massive unemployment supposedly caused by the advance of technology is the latest in a long list of lies fed to us by the corporate press, and with the blessings of high officials of the two major political parties and Wall Street executives, among many other members of the 1 percent.

We’re supposed to believe that 250 years after the beginning of the Industrial Revolution that technological advances are wiping out jobs in the USA to a degree greater than ever before. That’s a big whopper, pure and simple. But it’s also the propaganda the people behind this lie want you to believe. This same lie is also being used by the same people to hide the truth about job losses, historically high unemployment, government corruption, and the sad state of the US economy and how we got here.

Did anybody notice that nobody in China, Germany, Sweden or most other nations are insisting that technology has led to rising unemployment in those nations? Oh, that’s right. Those nations don’t have historically, persistent and high unemployment rates.

Let’s examine just one of those nations.

Despite technological advances, the number of jobs in China continues to increase. Why is it that technology is the cause of massive unemployment in the United States, but not in China? The answer is simple. Technology isn’t the culprit. It’s a lie.

Sure, jobs are always being wiped out by technology, but technology creates jobs, and typically more jobs than are destroyed in its advance. That’s been proven time and time again. Two centuries ago, the economist David Ricardo argued this, as did Karl Marx and thousands of others. In the long-run, this economic situation has never arrived, and it still hasn’t.

Take computers, for example. The rise of computers wiped out the typewriter industry, but created tens, and perhaps hundreds, of millions more jobs than the industry it replaced. It also created new industries, such as the Internet, and everything you can do with that. Computers also expanded old industries, such as surveillance and spying. Computer technologies have been applied to cell phones, the Kindle, the Nook, space technology, car technology and hundreds of other products.

Let’s take another example. Jobs have been eliminated in grocery stores by the rise of technology and its application to self-checking out. Sure this technology has eliminated some jobs, or at the least, allowed store management to not hire as many people as they might have in the absence of the new technology.

Despite of the relatively few jobs lost in retail stores, tens of thousands, and perhaps hundreds of thousands, or even more, people are manufacturing the new self-checkout machines, and tens of thousands of people have been hired and trained to maintain them. Those who are trained for maintenance live reasonably close to where the machines are used. Those who manufacture the machines, as well as the vast majority of parts, live in China and other low wage countries.

Fujitsu Corporation of Japan, for example, makes much of the self-checkout stands used in grocery stores here in the United States, but important component parts are made and assembled in China by Epsom and IBM, which are US corporations. Those are jobs that should be in the US.

The National Cash Register Corporation (NCR), whose stock is traded on Wall Street, has been a US company since 1888. The company used to manufacture cash registers in the United States.Those jobs are long gone.

Nowadays, NCR manufactures its retail and restaurant self-checkout machines in China (which are officially called “Retail and Restaurant Point of Sale hardware and software,” on the company’s website). NCR is the largest manufacturer in the world of ATM machines, and almost all of them are made in China, and well, maybe they’re all still made there. Last year NCR announced that a tiny number of jobs manufacturing ATM’s might be brought back to the USA, but there is no evidence that I’ve been able to find to suggest this has come to pass. So it’s likely that all of NCR’s ATM machines are still made in China. NCR also manufactures Airport Self-Service Kiosks and a bunch of other items in China. In fact, everything it produces (with the possible exception of that small number of ATMs) are manufactured in China.

I’ll cite just a few of the many items the company manufactures in China straight off the company’s website: For gas stations and convenience stores the company manufactures; “POS Terminals, POS Software, POS Printers, Fuel Controller, Back Office Software, Self Checkout.” Under the travel category, “Common Use Self-Service, Airport Kiosk, Hotel Check-In, Car Rental Software, Bus Check-In.” If this was fifty years ago, before the World Trade Organization, before all the free trade treaties, all of the company’s jobs would be in the United States.

NCR has more employees now than ever in its history, and this is especially true when you count the use of contractors and their employees in China. The technology produced by NCR has created more jobs than the old cash register business thirty years ago. Thousands of jobs were wiped out, but hundreds of thousands and perhaps millions more jobs have been created with the new technology.

Technology did not put those jobs in China. Low wages did. The ability to produce massive amounts of pollution did. The ability to use an essential slave labor force six to seven days a week, and up to sixteen hours per day and without overtime pay, put those jobs in China. But something else paved the way to export those jobs.

China’s admission into the World Trade Organization and the push by the US government to make China a recipient of most favored nation trade status helped put those jobs there. In other words, corporate purchases of political favors in the US political markets created the opportunities to take American jobs and place them in China, or created the legal opportunities to establish jobs there, rather than here.

US companies have moved millions of production, call-service centers, computer programming, and a host of other US jobs to China, India, Pakistan, Vietnam and Mexico. That’s one of the truths that the “technology has created higher unemployment by destroying jobs” lie is supposed to distract us from discussing. And this is true for the impact of free trade treaties, which account for tens of millions of lost US jobs. Check out the graph below. It shows the number of US jobs exported since 1990, but free trade treaties had already led to the exportation of millions of jobs before then.

The difference between the old higher wages in the US and the new, lower, wages overseas goes into the pockets of the 1 percent via higher corporate profits, rising dividends and surging share prices. This shows that free trade is an income redistribution scam perpetrated and kept hidden by US government officials, the corporate press, various other corporate interests, and blundering Wall Street executives.

Wall Street investment firms push free trade treaties for a reason. Every publicly traded corporation must fairly consistently increase its profits every quarter. That way its stock price will rise, and this becomes the yardstick by which CEO performance is measured. The best way to keep profits rising is simply to cut wages. So Wall Street investment and corporate executives push this formula via free trade treaties. That’s another story the corporate press doesn’t want you to know.

The real reason for the historic lack of jobs and the lackluster economic recovery of the last five years is that free trade treaties and the exportation of jobs has redistributed massive amounts of income and wealth from the 99 to the 1 percent.

Currently, the 99 percent receive about 68 percent of all income produced in the US compared to roughly 92 percent thirty-three years ago. That means 99 percent of us have significantly less cash with which to purchase goods and services than three decades ago. The result is less transactions now than then because we can’t afford to buy as much stuff. This means lower job and wage growth. That’s precisely why the economy sucks now compared to when Jimmy Carter was president. During Carter’s four years as president, with an economy with 40 percent of the today’s GNP and 2/3’s the population, the economy averaged 230,000 new net jobs per month, which is considerably higher than any period over the last twelve years.

It’s also why the federal government coordinated (and used the illegal spying on US citizens by National Security Agency to help) the attacks on the Occupy Wall Street encampments a few years back. This is why there was a coordinated campaign to slime the participants of Occupy Wall Street before the police state crackdown. President Obama and other high federal and corporate people didn’t want us thinking about the perverse income and wealth redistribution over the last thirty-three years, so Occupy Wall Street had to go.

The 1 percent invest their cash in things, like political favors, gold, the futures markets, stocks and bonds, all of which tend to be parasitic to the rest of us. Many of these are tools are used to redistribute income from the 99 to the 1 percent. In other words, this income redistribution scam continues today so that, in the long term, the economy will only get worse for the 99 percent. And that’s another thing the elite of the 1 percent don’t want you to know.

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