Ultimately, it is political corruption that plays the biggest role in creating income and wealth inequality. The Reagan tax cuts gave the rich and powerful the money to craft legislation, purchase politicians, such as Wall Street Senator’s Ron Wyden, Orrin Hatch and Mitch McConnell, and then use their corrupt corporate news media to sell the legislation using lies to the public. Now that the public has begun to see reality, the news media, such as ABC News, Fox Propaganda Network, and the Oregonian newspaper, among many others, have continued the lies about how free trade treaties are good for the economy even though the US trade deficit continues to explode more and more with each treaty. That’s because US corporations are shipping more and more jobs overseas, and then they ship the products that used to be manufactured in the USA straight back to the USA, creating the trade gap and a few longshoremen jobs along the way.
Trade treaties are perhaps the principal reason the US economy is historically weak, and why job creation and wage and salary growth are also his historically bad.
The difference between the old wages and the new lower overseas wages goes into the pockets of the rich via higher corporate profits, surging dividends and soaring share prices. That’s why the same process in terms of inequality, political corruption and news media corruption are also in play with most government actions, whether it’s war in Iraq, education loans, public school testing, privatization scams, and deregulation schemes, keeping secret the negative health impacts of GMOs, among many others, it’s all about redistributing your income, your children’s income, and your neighbor’s income, as well as your health, to the 1 percent. The US government is a total cesspool of corruption, as is the corporate news media.
Now the Obama regime is trying to pass through congress the largest income redistribution treaty of them all, the Trans Pacific Partnership. Obama’s primary ally is this corrupt scam is Wall Street Senator Ron Wyden, who is crafting legislation that hasn’t been crafted yet, but he assures those who are listening that it will be fair and balanced. This legislation is called “smart track.” It’s job is to replace fast track legislation. Fast track allowed trade treaties to be voted on with little or no debate in congress, making it difficult for the public to discover what was going on and to muster opposition. Wyden’s smart track is just another scam to redistribute income from the 99 to the 1 percent on behalf of his wall street masters.
Fight back, protest, inform and organize your neighbors. Don’t let social issues get in the way of economic solidarity with your neighbors, because that’s what the corrupt news media, the political class, and the 1 percent have been doing to the 99 percent for forty years, and that’s solely to achieve their objective of income redistribution.