Monday, November 21, 2011

Capitalism USA style - Class War against the poor

"There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning."

– Warren Buffett, Chairman and CEO of Berkshire Hathaway

"The American Dream has been under assault for 30 years," says former President Bill Clinton.

Dateline 13-Sep-2011 (AP):

The Census Bureau reports the number of Americans in poverty jumped to 15.1 percent in 2010, a 27-year high.

About 46.2 million people, or nearly 1 in 6, were in poverty. That's up from 43.6 million, or 14.3 percent, in 2009. It was the highest level since 1983.

The number of people lacking health insurance increased to 49.9 million, a new high after revisions were made to 2009 figures. Losses were due mostly to working-age Americans who lost employer-provided insurance in the weak economy.

A lobbying group, Clark Lytle Geduldig & Cranford, put out a memo to one of their clients, the American Bankers Association about "constructing a negative narrative about Occupy Wall Street".  I'm not sure it is really a smoking gun as most of this falls into the realm of "common knowledge".  I do think that most folks believe this is how our sick system really works.  It is, however, very scary to see this in print.

From an article on gleaned from MSNBC:

 According to the memo, if Democrats embrace OWS, "This would mean more than just short-term political discomfort for Wall Street. … It has the potential to have very long-lasting political, policy and financial impacts on the companies in the center of the bullseye."

there are obviously no taboos anymore

Was next?  Slavery?   Your locust corporate paymasters would save lots of money!!!

Newt Gingrich: Child labor laws 'truly stupid'

By Kim Geiger

November 21, 2011, 12:29 p.m.

Promising "extraordinarily radical proposals to fundamentally change the culture of poverty in America," Newt Gingrich said Friday that he would fire school janitors and pay students to clean schools instead.

Speaking at Harvard's Kennedy School of Government, the Republican presidential candidate and former speaker of the House challenged laws that prevent children from working certain jobs before their mid-teens.

Gingrich blames "the core policies of protecting unionization and bureaucratization" for "crippling" children.

"It is tragic what we do in the poorest neighborhoods, entrapping children in, first of all, in child laws, which are truly stupid," he said.

"I tried for years to have a very simple model," he continued. "Most of these schools ought to get rid of the unionized janitors, have one master janitor and pay local students to take care of the school. The kids would actually do work, they would have cash, they'd have pride in the schools, they'd begin the process of rising."

Gingrich, who over the weekend said Occupy Wall Street protesters should "get a job" and "take a bath," suggested during the Harvard appearance Friday that poor children need to build a work ethic.

"Get any job that teaches you to show up on Monday," he said. "Get any job that teaches you to stay all day even if you're having a fight with your girlfriend. I mean, the whole process of making work worthwhile is central."

Gingrich is the latest Republican presidential candidate to challenge front-runner Mitt Romney in the polls.
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posted by u2r2h at 8:46 PM


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