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Posts Tagged ‘Pope’

According to Bill Moyers, “As we near the end of 2013, it suddenly seems everyone’s talking about inequality. Earlier this month, Barack Obama spoke of a “relentless decades-long trend” of “dangerous and growing inequality and lack of upward mobility.” Around the same time, in a papal exhortation, Pope Francis wrote, “Just as the commandment ‘Thou shalt not kill’ sets a clear limit in order to safeguard the value of human life, today we also have to say ‘thou shalt not’ to an economy of exclusion and inequality. Such an economy kills.” And a month earlier in New York — the most unequal big city in the USMayor-elect Bill de Blasio won a landslide victory campaigning on the issue.

But just how bad is American inequality? How did we arrive at this new Gilded Age? And how might we create an economy of broadly shared prosperity?

If you’ve got questions, we’ve (hopefully) got the answers in this Essential Reader…”

One thing that needs to be addressed when it comes to inequality is what nobody seems to be talking about. Inequality has been brought about government legislation that redistributes income from the 99 to the 1 percent. This process of corrupting government at all levels began with a variety of tax cuts to the rich and corporations under President Ronald Reagan, and which has enabled them to buy the legislation that redistributes income from the 99 to the 1 percent, and resulted in the complete  corruption of federal and state governments and politicians, such as Wall Street Senators Ron Wyden, Mitch McConnell and Rand Paul. This includes legislation that has weakened union organizing efforts, such as the passing of right-to-work-for-less laws, as well as free trade treaties, privatization scams, and other vicious attacks against the 99 percent.

Check out the link below for the complete story.

Inequality: An Essential Reader | The Poverty Line, What Matters Today | BillMoyers.com.

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Pope Francis began this year as Jorge Mario Bergoglio, an Argentine archbishop. He finishes it as Time magazine’s Person of the Year, beating out second place contender Edward Snowden. Pope Francis was elected after a whirlwind of activity that included news-making comments about homosexuality and other social issues, as well as an apostolic exhortation that focused on caring for the poor and inveighed against the “idolatry of money,” which could be used as a euphemism for the parasites of Wall Street, large corporations, thousands of corrupt Republican and Democratic lawmakers, and the rest of the parasites of the 1 percent.

Check out the complete story below.

Pope Francis and his big year–Pew Research Center

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A couple of weeks ago, Pope Francis denounced the “idolitry of money” and the worship of the “autonomy of the market.” However, it should be pointed out that markets are not autonomous, that they are largely controlled mostly by one to ten major manufacturers of goods and services, who act in concert to raise prices to meet Wall Street expectations. Those expectations are always higher profits than the previous quarter, and everything else be damned.

For example, most homes are constructed using sheet rock, or what is also known as drywall. Early this year, a friend of mine named Sloan, who is a home builder, received a letter from two retailers letting him know that drywall prices are rising 20 percent because all of the manufacturers of drywall are simultaneously jacking up their prices. This is called a conspiracy in restraint of trade, but the financial markets require prices, profits and stock prices continue to always rise. This means violating the law. This requires price fixing by the manufacturers of goods and services in almost every economic category. This is, of course, nothing less than an income redistribution scam since ultimately, the 99 percent purchase the goods and services and the 1 percent receives the profits. As an aside, I should mention that sheet rock prices jumped up 35 percent in 2012, and there is a lawsuit moving through the courts to break up this drywall cartel, which includes all of the drywall market in all of North America. Also be aware, that these price increases are inflationary. In effect, they are what cause inflation, for the most part.

This, of course, isn’t capitalism in any traditional sense. This is a controlled economy created to redistribute income from the 99 to the 1 percent. We live in an economic rigged game.

This is precisely why, during these economic weak times, corporate profits reached an all-time high during the third quarter of 2013. Prices are rigged upward. Wages and salaries are rigged downward. So that profits, dividends and share prices are rigged upward. It’s a massive economic scam perpetrated on the 99 percent by the parasites of the 1 percent, the government and the corporate propaganda machine.

Check out the link below for how drywall manufacturers have conspired to jack up prices to keep their profits moving up, which pushes up their dividends and stock prices.

Continent-Wide Price-Fixing Alleged in Drywall Industry–Courthouse News

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