Showing posts with label middle class. Show all posts
Showing posts with label middle class. Show all posts

Wednesday, August 29, 2012

AS THE US INFRASTRUCTURE CRUMBLES AND UNEMPLOYMENT MOUNTS, THE GOVERNMENT RESPONDS BY CUTTING FUNDING FOR INFRASTRUCTURE, EDUCATION, HEALTH, AND SERVICES FOR THE POOR. JAPAN IS JUST AS BROKE AS IS THE US, BUT IT KEEPS SPENDING MONEY ON INFRASTRUCTURE, EDUCATION, AND HEALTH, THEREBY LIMITING UNEMPLOYMENT AND KEEPING FUTURE MEMBERS OF THE JAPANESE MIDDLE CLASS EDUCATED AND HEALTHY.

Blogger's Note: In 2001 - 2002 I spent 10 months at Tokyo Institute of Technology as an Invited Professor of Research. During that time I was housed on the Ookayama campus, a 10 minutes walk from the building in the picture, which was not even under construction at that time. Every morning I took the train that is seen curving to the right on the first leg of my 40-minute commute to TIT's main laboratories in Yokohama, where I was given an office. The trains ran frequently and on time.






The Environmental Energy Innovation Building Completed in Ookayama Campus
























When you take the Tokyu Ooimachi line between Jyugaoka and Ookayama, you will come across a huge building covered in black panels just after you pass by Midorigaoka station.

This is the new Environmental Energy Innovation Building built in Ookayama campus, which was just completed this February. This building, which will be used for the research of cutting edge environmental energy technologies, is an unprecedented building with energy systems that not only reduce CO2 emissions by 60% or more but also provide sufficient electricity to cover the building’s own consumption. Energy conservation is achieved through highly efficient equipment, and power is generated via dense installation of solar panels around the building and a highly-efficient fuel cell system in a hybrid distributed power generation system of renewable energy and fossil energy.

The building is also built around a seismic response-controlling structure capable of withstanding large earthquakes, which is achieved by forming a strong “basket-frame” of earthquake energy dissipation braces along the perimeter zones of the building. The building’s architecture harmoniously blends these advanced functions with the surrounding urban space.



Basic Information
  • Name:
Green Hills Building 1 (Environmental Energy Innovation Building)
  • Location:
2-12-1 Ookayama, Meguro-ku, Tokyo
Ookayama Campus, Tokyo Institute of Technology
  • Seven stories above ground and two below
  • Gross area:
1,741.85 m2
  • Gross floor area:
9,553.57m2
  • Completed:
February, 2012
  • Power Generation capacity:
650 kW of solar cells and 100 kW of a fuel cell with waste heat utilizing equipments
  • Number of Solar Panels:
4,570
  • Fundamental concept:
Inter-Departmental Organization for Environment and Energy,
Tokyo Institute of Technology
  • Design architect:
Yoshiharu Tsukamoto laboratory (Architecture),
Toru Takeuchi laboratory (Structure),
Manabu Ihara laboratory (Environment and Energy)
  • Design:
Facilities Department, Tokyo Institute of Technology / Nihon Sekkei, Inc.
  • Construction:
TODA Corporation, DAI-DAN Co., Ltd. and Yurtec Corporation

Find the longer story here.

Friday, July 20, 2012

SENATOR BERNIE SANDERS'S RECENT SENATE-FLOOR SPEECH TELLS US THAT THE TOP 1% NOW OWNS 40% OF ALL WEALTH WHILE THE BOTTOM 60% OF ALL AMERICANS OWN LESS THAN 2%, THAT THE RECESSION WAS CAUSED BY WALL STREET, THAT WALL STREET WAS GIVEN THE LARGEST BAIL OUT IN THE HISTORY OF THE WORLD ($16 TRILLION) YET WALL STREET IS USING THIS MONEY TO CONTINUE THEIR GAMBLING RATHER THAN LOANING SOME OF IT TO SMALL BUSINESSES, THAT BETWEEN 2009 AND 2010 THE TOP 1% CAPTURED 93% OF ALL NEW WEALTH, AND THAT CONGRESS IS NOW CONTEMPLATING BALANCING THE BUDGET BY CUTTING SOCIAL SECURITY, MEDICARE, MEDICAID, AND FOOD STAMPS, AND LAYING OFF TEACHERS, WHEREAS THE THE TAX RATES FOR THE TOP 1% ARE LOWER THAN THEY HAVE BEEN AT ANY TIME SINCE 1929, AND YET THE SUPER-RICH 1% ARE MOVING OUT OF THE COUNTRY TO HIDE THEIR TAXABLE INCOMES.







‘The American People Are Angry,’ Sanders Says



June 27, 2012                                                                                  Permalink

WASHINGTON, June 27 - "The American people are angry," Sen. Bernie Sanders said in a major Senate floor speech today.  They are angry that the middle class is collapsing because of the Wall Street-caused recession, they are angry that unemployment is sky high, that 50 million people lack health insurance, and that working families can't afford college for their kids. Meanwhile, the wealthy and the largest corporations are doing phenomenally well and now billionaires and their congressional friends want to balance the budget on the backs of the elderly, the children, the sick and the poor."

Sanders described an American economy which has more wealth and income inequality than at any time since the 1920s. Today, he said, "the wealthiest 400 individuals own more wealth than the bottom half of America - 150 million people. Today, the six heirs to the Wal-Mart fortune own more wealth than the bottom 30 percent. Today, the top one percent own 40 percent of all wealth, while the bottom sixty percent owns less than 2 percent.  Incredibly, the bottom 40 percent of all Americans own just 0.3 percent of the wealth of the country."

Sanders listed a set of key priorities that includes creating jobs to repair America's crumbling infrastructure, providing health care for all Americans, strengthening Social Security, blocking cuts to Medicare and Medicaid, and making the wealthy and profitable corporations pay their fair share to reduce the deficit.

"Americans want an economy that works for the middle class and working families and not just for the rich," Sanders said. "They want everybody in this country to have health care as a right. They want to protect Social Security, Medicare, and Medicaid. They want to move away from these gross inequalities in income and wealth," Sanders said.

People are furious, the senator added, that Congress provided a $700 billion Wall Street bailout while millions of hard working Americans lost their jobs, their homes and their life's savings as a result of the greed, recklessness and illegal behavior on Wall Street.

"The same politicians who were yelling and screaming about how important and how appropriate it was for our government to bail out the crooks on Wall Street, are nowhere to be heard when it comes to having government help average Americans," Sanders said.

The Supreme Court, Sanders said, has erected a major obstacle to achieving many of those objectives. Its disastrous 2010 ruling in Citizens United and Monday's decision in a case from Montana expanding that ruling has opened the floodgates for the super-rich and profitable corporations spend virtually unlimited sums to influence elections.

"If you're getting bored by just owning coal companies and casinos and manufacturing plants, you now have the opportunity to own the United States government," Sanders said. He cited the Koch brothers with their energy and manufacturing fortune and Las Vegas casino tycoon Sheldon Adelson as examples of wealthy individuals attempting to defeat candidates who are representing working families.

Watch Senator Sanders' full speech below:

Tuesday, March 08, 2011

MICHAEL MOORE COMES TO WISCONSIN

Blogger’s Note: Having a Ph.D. is no big deal. It’s what one does with his/her life after exiting the educational system that counts. Michael Moore is a perfect example. With only a high school degree, he perceived the impending loss of America’s moral compass and set out to inform Americans of the danger. My first exposure to Michael’s writings was about 9 years ago when our college-educated daughter began sending me his e-mail newsletter. Céline said she wanted to go to work for him (which might have happened but for the fact that Michael was a reverse racial discriminator). Worried that Céline might have been taken in by a kook, I read all of Michael’s newsletters of the time and was swiftly impressed by the lucidity of his writings and the scientific way he gathered facts and used them to reach well reasoned conclusions. Of course, nowadays everyone recognizes Michael as producer and director of four of the top 9 documentary movies of all time – one of which, Fahrenheit 9/11, was awarded the Palme d’Or at the 2004 Cannes Film Festival!





MichaelMoore.com / By Michael Moore

Michael Moore: The Smug Wealthy Have Gone Too Far -- And We're Finally Fighting Back

By trying to destroy us corporate America has given birth to a movement -- a movement that is becoming a massive, nonviolent revolt across the country.

March 6, 2011


America is not broke.

Contrary to what those in power would like you to believe so that you'll give up your pension, cut your wages, and settle for the life your great-grandparents had, America is not broke. Not by a long shot. The country is awash in wealth and cash. It's just that it's not in your hands. It has been transferred, in the greatest heist in history, from the workers and consumers to the banks and the portfolios of the uber-rich.

Today just 400 Americans have more wealth than half of all Americans combined.

Let me say that again. 400 obscenely rich people, most of whom benefited in some way from the multi-trillion dollar taxpayer "bailout" of 2008, now have more loot, stock and property than the assets of 155 million Americans combined. If you can't bring yourself to call that a financial coup d'état, then you are simply not being honest about what you know in your heart to be true.

And I can see why. For us to admit that we have let a small group of men abscond with and hoard the bulk of the wealth that runs our economy, would mean that we'd have to accept the humiliating acknowledgment that we have indeed surrendered our precious Democracy to the moneyed elite. Wall Street, the banks and the Fortune 500 now run this Republic -- and, until this past month, the rest of us have felt completely helpless, unable to find a way to do anything about it.

I have nothing more than a high school degree. But back when I was in school, every student had to take one semester of economics in order to graduate. And here's what I learned: Money doesn't grow on trees. It grows when we make things. It grows when we have good jobs with good wages that we use to buy the things we need and thus create more jobs. It grows when we provide an outstanding educational system that then grows a new generation of inventers, entrepreneurs, artists, scientists and thinkers who come up with the next great idea for the planet. And that new idea creates new jobs and that creates revenue for the state. But if those who have the most money don't pay their fair share of taxes, the state can't function. The schools can't produce the best and the brightest who will go on to create those jobs. If the wealthy get to keep most of their money, we have seen what they will do with it: recklessly gamble it on crazy Wall Street schemes and crash our economy. The crash they created cost us millions of jobs. That too caused a reduction in revenue. And the population ended up suffering because they reduced their taxes, reduced our jobs and took wealth out of the system, removing it from circulation.

The nation is not broke, my friends. Wisconsin is not broke. It's part of the Big Lie. It's one of the three biggest lies of the decade: America/Wisconsin is broke, Iraq has WMD, the Packers can't win the Super Bowl without Brett Favre.

The truth is, there's lots of money to go around. LOTS. It's just that those in charge have diverted that wealth into a deep well that sits on their well-guarded estates. They know they have committed crimes to make this happen and they know that someday you may want to see some of that money that used to be yours. So they have bought and paid for hundreds of politicians across the country to do their bidding for them. But just in case that doesn't work, they've got their gated communities, and the luxury jet is always fully fueled, the engines running, waiting for that day they hope never comes. To help prevent that day when the people demand their country back, the wealthy have done two very smart things:

1. They control the message. By owning most of the media they have expertly convinced many Americans of few means to buy their version of the American Dream and to vote for their politicians. Their version of the Dream says that you, too, might be rich some day – this is America, where anything can happen if you just apply yourself! They have conveniently provided you with believable examples to show you how a poor boy can become a rich man, how the child of a single mother in Hawaii can become president, how a guy with a high school education can become a successful filmmaker. They will play these stories for you over and over again all day long so that the last thing you will want to do is upset the apple cart -- because you -- yes, you, too! -- might be rich/president/an Oscar-winner some day! The message is clear: keep you head down, your nose to the grindstone, don't rock the boat and be sure to vote for the party that protects the rich man that you might be some day.

2. They have created a poison pill that they know you will never want to take. It is their version of mutually assured destruction. And when they threatened to release this weapon of mass economic annihilation in September of 2008, we blinked. As the economy and the stock market went into a tailspin, and the banks were caught conducting a worldwide Ponzi scheme, Wall Street issued this threat: Either hand over trillions of dollars from the American taxpayers or we will crash this economy straight into the ground. Fork it over or it's Goodbye savings accounts. Goodbye pensions. Goodbye United States Treasury. Goodbye jobs and homes and future. It was friggin' awesome and it scared the shit out of everyone. "Here! Take our money! We don't care. We'll even print more for you! Just take it! But, please, leave our lives alone, PLEASE!"

The executives in the board rooms and hedge funds could not contain their laughter, their glee, and within three months they were writing each other huge bonus checks and marveling at how perfectly they had played a nation full of suckers. Millions lost their jobs anyway, and millions lost their homes. But there was no revolt (see #1).

Until now. On Wisconsin! Never has a Michigander been more happy to share a big, great lake with you! You have aroused the sleeping giant know as the working people of the United States of America. Right now the earth is shaking and the ground is shifting under the feet of those who are in charge. Your message has inspired people in all 50 states and that message is: WE HAVE HAD IT! We reject anyone tells us America is broke and broken. It's just the opposite! We are rich with talent and ideas and hard work and, yes, love. Love and compassion toward those who have, through no fault of their own, ended up as the least among us. But they still crave what we all crave: Our country back! Our democracy back! Our good name back! The United States of America. NOT the Corporate States of America. The United States of America!

So how do we get this? Well, we do it with a little bit of Egypt here, a little bit of Madison there. And let us pause for a moment and remember that it was a poor man with a fruit stand in Tunisia who gave his life so that the world might focus its attention on how a government run by billionaires for billionaires is an affront to freedom and morality and humanity.

Thank you, Wisconsin. You have made people realize this was our last best chance to grab the final thread of what was left of who we are as Americans. For three weeks you have stood in the cold, slept on the floor, skipped out of town to Illinois -- whatever it took, you have done it, and one thing is for certain: Madison is only the beginning. The smug rich have overplayed their hand. They couldn't have just been content with the money they raided from the treasury. They couldn't be satiated by simply removing millions of jobs and shipping them overseas to exploit the poor elsewhere. No, they had to have more – something more than all the riches in the world. They had to have our soul. They had to strip us of our dignity. They had to shut us up and shut us down so that we could not even sit at a table with them and bargain about simple things like classroom size or bulletproof vests for everyone on the police force or letting a pilot just get a few extra hours sleep so he or she can do their job -- their $19,000 a year job. That's how much some rookie pilots on commuter airlines make, maybe even the rookie pilots flying people here to Madison. But he's stopped trying to get better pay. All he asks is that he doesn't have to sleep in his car between shifts at O'Hare airport. That's how despicably low we have sunk. The wealthy couldn't be content with just paying this man $19,000 a year. They wanted to take away his sleep. They wanted to demean and dehumanize him. After all, he's just another slob.

And that, my friends, is Corporate America's fatal mistake. But trying to destroy us they have given birth to a movement -- a movement that is becoming a massive, nonviolent revolt across the country. We all knew there had to be a breaking point some day, and that point is upon us. Many people in the media don't understand this. They say they were caught off guard about Egypt, never saw it coming. Now they act surprised and flummoxed about why so many hundreds of thousands have come to Madison over the last three weeks during brutal winter weather. "Why are they all standing out there in the cold? I mean there was that election in November and that was supposed to be that!

"There's something happening here, and you don't know what it is, do you ...?"

America ain't broke! The only thing that's broke is the moral compass of the rulers. And we aim to fix that compass and steer the ship ourselves from now on. Never forget, as long as that Constitution of ours still stands, it's one person, one vote, and it's the thing the rich hate most about America -- because even though they seem to hold all the money and all the cards, they begrudgingly know this one unshakeable basic fact: There are more of us than there are of them!

Madison, do not retreat. We are with you. We will win together.



Michael Moore is an Academy Award-winning filmmaker and author. He directed and produced Roger & Me, Bowling for Columbine, Fahrenheit 9/11, and Sicko. He has also written seven books, most recently, Mike’s Election Guide 2008

Saturday, March 05, 2011

LIES, BIG LIES, AND DAMN LIES - ABOUT THE AMERICAN WORKER BY THE SO-CALLED "LIBERAL" MEDIA







Public Employee Unions Don't Get One Penny from Taxpayers and Can't Require Membership, But the Big Lie That They Do Is Everywhere

Nobody has to belong to a union or support its political activities, but you'd never know that from reading the news.

AlterNet / by Joshua Holland


March 5, 2011 | Let us begin with this simple, indisputable truth: public employees' unions don't get a single red cent from taxpayers. And they aren't a mechanism to “force” working people to support Democrats – that's completely illegal.

Photo Credit: vaxomatic
Public sector workers are employed by the government, but they are private citizens. Once a private citizen earns a dollar from the sweat of his or her brow, it no longer belongs to his or her employer. In the case of public workers, it is no longer a “taxpayer dollar”; it is a dollar held privately by an American citizen. Public sector unions are financed through the dues paid by these private citizens, who elected to be part of a union – not a single taxpayer dollar is involved, and no worker is forced to join a union against his or her wishes. No worker in the United States is required to give one red cent to support a political cause he or she doesn't agree with.

There is no distinction between the role public- and private-sector unions play: both represent their members in negotiations with their employers. At the federal level, both are prohibited from using their members' dues for political purposes. They donate to political campaigns – to elect lawmakers who will stand up for the interests of working people – but only out of voluntary contributions their members choose to make to their PACs.

“Unions cannot, from their general funds, contribute a dime to any federal candidate or national political party,” says Laurence Gold, an attorney with the AFL-CIO. “They can only do it through their separate political PAC and only according to strict limits.”

The states have a patchwork of different laws, and many do allow unions to donate to campaigns. But membership is entirely voluntary – when a group of workers elect to form a union, it doesn't mean that everyone must sign up. The union negotiates on behalf of all the workers in the group – and all of the workers get the job security and other benefits that come with collective bargaining -- but by law it can't compel them to pay union dues. “It is a right-wing canard that anyone needs to join a union,” Gold told AlterNet. “If a union member doesn't like what his or her union is doing, he or she is ultimately free to walk, without any diminution in their employment rights. They still get all the benefits and the union still has to represent them – just like it did the day before.”

In states that haven't passed so-called Right-To-Work laws, the union can charge all workers in a “negotiating unit” for the direct cost of representing them, but cannot, by law, force them to pay for the union's political activities. “They can only be required to pay for their share of bargaining costs and representation costs – not politics, not legislative stuff, not anything else,” Gold said. “Compulsory union dues are a canard, everywhere, and without exception. Anybody who says, oh you can compel somebody to support the union's electoral activities – well, that's simply false.”

Now that we have established a baseline of factual reality, let's take a look at what much of the media – even the ostensibly “liberal” media – are telling the American people.

In a widely cited opinion piece in the Washington Post, former Bush speechwriter Michael Gerson claimed that "public employee unions have the unique power to help pick pliant negotiating partners -- by using compulsory dues to elect friendly politicians." Again, a blatant falsehood, and one that prompted economist Dean Baker to point out that “if Mr. Gerson knows of any violations of the law, I'm sure that there are many ambitious prosecutors who would be happy to hear his evidence.”

The irony here is that while unions can't compel workers to fork over a penny for political campaigns, corporations can donate unlimited amounts of their shareholders' equity to do so – they are, in fact, in the “unique position” to elect pliant lawmakers. “What the right-wing and the business community always try to portray is that you have these union bosses that are forcing helpless employees to give them money,” says Gold, “when the reality is that these are their members who chose to be in a union and then elected their officers democratically, in sharp contrast to corporations, none of whose officers are elected democratically unless you count shareholders voting at an annual meeting as a real democratic system.”

And conservatives have long held that voluntary donations to political campaigns are a high form of free speech. The double standard is clear-- “money equals speech” unless it's money freely donated by working people to advance their own economic interests.

The corporate-backed Heritage Foundation – which has waged a longstanding propaganda war against the American labor movement -- notes that “state and local employees in 28 states are required to pay full union dues” – patently untrue -- and, “using this government coercion, government unions have amassed tremendous financial resources that they use to campaign for higher taxes and higher pay for government workers.”

There are no “government unions,” just unions of private workers. And they have no interest in campaigning for higher taxes – they are unions of taxpaying citizens. They do push for better pay, benefits and working conditions, like private sector unions, but officials elected by American voters determine the number and size of public programs and therefore the ultimate cost of government.

Heritage also makes much of the fact that public unions lobby for various policies that conservatives don't like, and claims, yet again, that they do so with “taxpayer dollars.” That's false, as we know, but it is true of another group: private contractors. They routinely include a line-item billing the government for part of the money they spend on lobbying – they, rather than the unions, actually use taxpayer dollars to lobby for, as Heritage puts it, “legislation and ballot measures that raise taxes and spending.”

Writing for Newsweek, Mark McKinnon writes that “it is the abuse by public unions and their bosses that pushes centrists like me to the GOP.” (McKinnon was a political adviser to both George W. Bush and John McCain.) His enthusiasm to spin public unions as something to be feared is so great, he ends up making this confused – and confusing – argument:
Unlike private-sector jobs, which are more than fully funded through revenues created in a voluntary exchange of money for goods or services, public-sector jobs are funded by taxpayer dollars, forcibly collected by the government (union dues are often deducted from public employees’ paychecks).
I don't pretend to know what he means when he says private sector jobs are more than fully funded – we do have an underemployment rate of about 17 percent – but the rest is an incomprehensible mish-mash of “public sector jobs,” which are obviously paid for out of tax revenues, and public sector unions, which, as he notes, are funded out of the paychecks of private citizens working for the government – workers who choose to belong to a union.

He then advances the Big Lie, essentially turning reality on its head:
Big money from public unions, collected through mandatory dues, and funded entirely by the taxpayer, is then redistributed as campaign cash to help elect the politicians who are then supposed to represent taxpayers in negotiations with those same unions.
This falsehood pitting public employees against taxpayers is ubiquitous. The Washington Post ran a story headlined, “Ohio, Wisconsin shine spotlight on new union battle: Government workers vs. taxpayers”; Rush Limbaugh called public sector unions, "money launderers" for "Democrat politicians"; Mark Steyn called them, "rapacious, public sector-shakedown kleptocrats," and self-proclaimed liberal Joe Klein wondered if they “are organized against the might and greed...of the public?” 

All of this is meant to serve another, Bigger Lie – even more ubiquitous -- that the cost of public workers is killing state budgets. As Bill O'Reilly put it with typical understatement, state "governments can't afford to operate" because of "union wages and benefits."

Here's another factual baseline: those “cadillac” pensions we always hear about public workers getting actually average $22,000 per year and amount to just 6 percent of state budgets. Some states' pension funds have problems because they've been raided to pay for tax cuts, but in aggregate, pensions aren't eating up state budgets. Andrew Leonard, writing in Salon about what he calls  “the imaginary public sector pension fund crisis,” notes that because the stock market has recovered to a great degree, “those horrible 'shortfalls' everyone has been making such a big deal of are already in retreat.”

As economist Dean Baker notes, it was Wall Street, not a bunch of teachers and firefighters, which is to blame for the gaps that do exist. “Most of the pension shortfall,” he wrote, “is attributable to the plunge in the stock market in the years 2007-2009. If pension funds had earned returns just equal to the interest rate on 30-year Treasury bonds in the three years since 2007, their assets would be more than $850 billion greater than they are today.”

Public workers' salaries are another 28 percent of state budgets. They get paid less than comparable workers in the private sector, even including benefits. The problem, as far as an honest debate goes, comes from the word “comparable.” Last week, USA Today (mis)informed its readers that workers in the public sector make more than in the private, a claim it backed up with misleading averages. The article only quoted in passing an economist who pointed out that their “analysis is misleading because it doesn't reflect factors such as education that result in higher pay for public employees.” It's actually meaningless, as public workers are twice as likely to have a college degree and have, on average, more years on the job than workers in the private sector.

State and local employees' wages and salaries have virtually nothing to do with the budget gaps which many states are grappling with – that too is a result of the recession caused by Wall Street, not Main Street. According to the Center for Budget and Policy Priorities, “State tax collections, adjusted for inflation, are now 12 percent below pre-recession levels, while the need for state-funded services has not declined. As a result, even after making very deep spending cuts over the last several years, states continue to face large budget gaps.” According to Census data, states' social welfare payments to struggling individuals and families increased by around 25 percent between the first quarter of 2007 and the last quarter of 2010.

Most of the media lazily accepts that collective bargaining by state workers is a fiscal matter – a typical headline on AOL news asked, “Can collective bargaining bills stem state deficits?” as if there is some correlation between those two things. But the evidence doesn't suggest as much: There are already 13 states that restrict public workers' bargaining rights and it hasn't helped their bottom lines. As Ed Kilgore noted, "eight non-collective-bargaining states face larger budget shortfalls than either Wisconsin or Ohio," and " three of the 13 non-collective bargaining states are among the eleven states facing budget shortfalls at or above 20%."

Tragically, the corporate media, rather than shedding light on these facts –which are necessary for a healthy debate -- is helping to obscure them under a cloud of anti-union spin.

Saturday, February 19, 2011

Paul Craig Roberts: "Of all the countries in the world, none need a revolution as bad as the United States -- a country ruled by a handful of selfish oligarchs who have more income and wealth than can be spent in a lifetime."


Obama's FY 2012 Budget Is A Tool Of Class War

By Paul Craig Roberts

opednews.com

Obama's new budget is a continuation of Wall Street's class war against the poor and middle class. Wall Street wasn't through with us when the banksters sold their fraudulent derivatives into our pension funds, wrecked Americans' job prospects and retirement plans, secured a $700 billion bailout at taxpayers' expense while foreclosing on the homes of millions of Americans, and loaded up the Federal Reserve's balance sheet with several trillion dollars of junk financial paper in exchange for newly created money to shore up the banks' balance sheets. The effect of the Federal Reserve's "quantitative easing" on inflation, interest rates, and the dollar's foreign exchange value are yet to hit. When they do, Americans will get a lesson in poverty.

Now the ruling oligarchies have struck again, this time through the federal budget. The U.S. government has a huge military/security budget. It is as large as the budgets of the rest of the world combined. The Pentagon, CIA, and Homeland Security budgets account for the $1.1 trillion federal deficit that the Obama administration forecasts for fiscal year 2012. This massive deficit spending serves only one purpose -- the enrichment of the private companies that serve the military/security complex. These companies, along with those on Wall Street, are who elect the U.S. government.

The U.S. has no enemies except those that the U.S. creates by bombing and invading other countries and by overthrowing foreign leaders and installing American puppets in their place.

China does not conduct naval exercises off the California coast, but the U.S. conducts war games in the China Sea off China's coast. Russia does not mass troops on Europe's borders, but the U.S. places missiles on Russia's borders. The U.S. is determined to create as many enemies as possible in order to continue its bleeding of the American population to feed the ravenous military/security complex.

The U.S. government actually spends $56 billion a year, that is, $56,000 million, in order that American air travelers can be porno-scanned and sexually groped so that firms represented by former Homeland Security Secretary Michael Chertoff can make large profits selling the scanning equipment.

With a perpetual budget deficit driven by the military/security complex's desire for profits, the real cause of America's enormous budget deficit is off-limits for discussion.

The U.S. Secretary of War-Mongering, Robert Gates, declared: "We shrink from our global security responsibilities at our peril." The military brass warns of cutting any of the billions of aid to Israel and Egypt, two functionaries for its Middle East "policy."

But what are "our" global security responsibilities? Where did they come from? Why would America be at peril if America stopped bombing and invading other countries and interfering in their internal affairs? The perils America faces are all self-created.

The answer to this question used to be that otherwise we would be murdered in our beds by "the worldwide communist conspiracy." Today the answer is that we will be murdered in our airplanes, train stations, and shopping centers by "Muslim terrorists" and by a newly created imaginary threat -- "domestic extremists," that is, war protesters and environmentalists.

The U.S. military/security complex is capable of creating any number of false-flag events in order to make these threats seem real to a public whose intelligence is limited to TV, shopping mall experiences, and football games.

So Americans are stuck with enormous budget deficits that the Federal Reserve must finance by printing new money, money that sooner or later will destroy the purchasing power of the dollar and its role as world reserve currency. When the dollar goes, American power goes.

For the ruling oligarchies, the question is: how to save their power.

Their answer is: make the people pay.

And that is what their latest puppet, President Obama, is doing.

With the U.S. in the worst recession since the Great Depression, a great recession that John Williams and Gerald Celente, along with myself, have said is deepening, the "Obama budget" takes aim at support programs for the poor and out-of-work. The American elites are transforming themselves into idiots as they seek to replicate in America the conditions that have led to the overthrows of similarly corrupt elites in Tunisia and Egypt and mounting challenges to U.S. puppet governments elsewhere.

All we need is a few million more Americans with nothing to lose in order to bring the disturbances in the Middle East home to America. With the U.S. military bogged down in wars abroad, an American revolution would have the best chance of success.

American politicians have to fund Israel as the money returns in campaign contributions. The U.S. government must fund the Egyptian military if there is to be any hope of turning the next Egyptian government into another American puppet that will serve Israel by continuing the blockade of the Palestinians herded into the Gaza ghetto.

These goals are far more important to the American elite than Pell Grants that enable poor Americans to obtain an education, or clean water, or community block grants, or the low income energy assistance program (cut by the amount that U.S. taxpayers are forced to give to Israel).

There are also $7,700 million of cuts in Medicaid and other health programs over the next five years.

Given the magnitude of the U.S. budget deficit, these sums are a pittance. The cuts will have no effect on U.S. Treasury financing needs. They will put no brakes on the Federal Reserve's need to print money in order to keep the U.S. government in operation.

These cuts serve one purpose: to further the Republican Party's myth that America is in economic trouble because of the poor: The poor are shiftless. They won't work. The only reason unemployment is high is that the poor had rather be on welfare.

A new addition to the welfare myth is that recent middle-class college graduates won't take the jobs offered them, because their parents have too much money, and the kids like living at home without having to do anything. A spoiled generation, they come out of university refusing any job that doesn't start out as CEO of a Fortune 500 company. The reason that engineering graduates do not get job interviews is that they do not want them.

What all this leads to is an assault on "entitlements," which means Social Security and Medicare. The elites have programmed, through their control of the media, a large part of the population, especially those who think of themselves as conservatives, to conflate "entitlements" with welfare. America is going to hell not because of foreign wars that serve no American purpose, but because people, who have paid 15% of their payrolls all their lives for old age pensions and medical care, want "handouts" in their retirement years. Why do these selfish people think that working Americans should be forced through payroll taxes to pay for the pensions and medical care of the retirees? Why didn't the retirees consume less and prepare for their own retirement?

The elite's line, and that of their hired spokespersons in "think tanks" and universities, is that America is in trouble because of its retirees.

Too many Americans have been brainwashed to believe that America is in trouble because of its poor and its retirees. America is not in trouble for that reason.*  The real trouble is the corporate-controlled media coercing a dwindling number of taxpayers to support the military/security complex's enormous profits, American puppet governments abroad, and Israel.

The American elite's solution for America's problems is not merely to foreclose on the homes of Americans whose jobs were sent offshore, but to add to the numbers of distressed Americans with nothing to lose the sick and the dispossessed retirees, and the university graduates who cannot find the jobs that have been sent to China and India.

Of all the countries in the world, none need a revolution as bad as the United States -- a country ruled by a handful of selfish oligarchs who have more income and wealth than can be spent in a lifetime.
* This sentence was inserted by the blogger together with a modification of the sentence that follows it, without changing the meaning of the paragraph. Approval for this change was granted by the author.

Paul Craig Roberts was an editor of the Wall Street Journal and an Assistant Secretary of the U.S. Treasury. His latest book, HOW THE ECONOMY WAS LOST, has just been published by CounterPunch/AK Pres

Friday, October 08, 2010

The Economic Collapse (The Web Site)

27 Signs That The Standard Of Living For America’s Middle Class Is Dropping Like A Rock

Go here for original

If you still have a job and you can put food on the table and you still have a warm house to come home to, then you should consider yourself to be very fortunate.  The truth is that every single month hundreds of thousands more Americans fall out of the middle class and into poverty.  The statistics that you are about to read are incredibly sobering.  Household incomes are down from coast to coast.  Enrollment in government anti-poverty programs sets new records month after month after month.  Home ownership is down, personal bankruptcies are way up and there are not nearly enough jobs to go around.  Meanwhile, the price of basics such as food and health care continue to skyrocket.  Don't be fooled by a rising stock market or by record bonuses on Wall Street.  The U.S. economy is not getting better.  After World War II, the great American economic machine built the largest and most vigorous middle class in the history of the world, but now America's middle class is disintegrating at a blinding pace.

Most of those who write about the plight of the American middle class believe that things can be turned around and that the middle class will eventually be stronger than it ever has been.  But unfortunately, that is just not the case.  As a society, we have lived far, far beyond our means for decades.  Now the bills are coming due and none of our leaders seem to know what to do.

Meanwhile, the U.S. economy is being rapidly assimilated into the emerging one world economy.  Middle class American workers now find themselves in direct competition for jobs with the cheapest labor on the other side of the globe.  Of course many multinational corporations have taken advantage of this by moving factories and jobs to countries like China where blue collar workers make about a dollar an hour.  This has helped raise the standard of living for workers in those nations by a nominal amount, but it has been absolutely devastating for the standard of living of America's middle class.

So what does all of this mean?

It means that the U.S. economy is headed for collapse and middle class Americans are in for some really, really hard times.

The following are  27 signs that the standard of living for America's middle class is dropping like a rock....

#1 Household spending for the middle fifth of all U.S. income earners was down 3.5% in 2009.  That was the steepest one year decline since records began being kept back in 1984.

#2 Median household income in the United States fell from $51,726 in 2008 to $50,221 in 2009.

#3 According to one new report, in 2009 residents of New York state experienced their first full-year decline in income in more than 70 years.

#4 Of the 52 largest metro areas in the United States, only the city of San Antonio did not see a decline in median household income in 2009.

#5 Home ownership in the United States declined for the third year in a row in 2009.

#6 In 2009, approximately 4 million Americans fell out of the middle class and now live below the federal poverty line.

#7 The number of Americans enrolled in the food stamp program has set a new all-time record for 20 consecutive months.

#8 In July (the last month for which data is available), 41.8 million Americans were on food stamps.

#9 The number of Americans in the food stamp program skyrocketed more than 55 percent between December 2007 and July 2010.

#10 In 2009, more than 48 million Americans were enrolled in the Medicaid program.

#11 One out of every six Americans is now enrolled in at least one anti-poverty program run by the U.S. government.

#12 According to one recent study, approximately 21 percent of all children in the United States are living below the poverty line in 2010.

#13 According to the Cato Institute, anti-poverty spending by the U.S. government has increased 89 percent over the past decade.

#14 The cost of health care increased a staggering 9.6% for all U.S. households from 2007 to 2009.

#15 It turns out that only the top 5 percent of all U.S. households have earned enough additional income to match the rise in housing costs since 1975.

#16 35 percent of all U.S. households now live on $35,000 or less.

#17 New York state Comptroller Thomas DiNapoli says that Wall Street bonuses for 2009 were up 17 percent when compared with 2008.

#18 According to a poll taken in 2009, 61 percent of Americans "always or usually" live paycheck to paycheck.  That was up substantially from 49 percent in 2008 and 43 percent in 2007.

#19 Today, 28% of all American households have at least one member that is searching for a full-time job.

#20 Nearly 10 million Americans now receive unemployment insurance, which is almost four times as many that were receiving it back in 2007.

#21 A recent Pew Research survey found that 55 percent of the U.S. labor force has experienced either unemployment, a pay decrease, a reduction in hours or an involuntary move to part-time work since the recession began.

#22 In 2009, 43.6 million Americans were living in poverty.  Sadly, the number of Americans living in poverty has increased for three consecutive years, and the 43.6 million poor Americans in 2009 was the highest number that the U.S. Census Bureau has ever recorded in 51 years of record-keeping.

#23 A staggering 25 percent of all American adults now have a credit score below 599.

#24 It is estimated that nearly a third of all Americans cannot qualify for a mortgage because of low credit scores.

#25 For the first time in U.S. history, banks own a greater share of residential housing net worth in the United States than all American households put together.

#26 Over 1.4 million Americans filed for personal bankruptcy in 2009, which represented a stunning 32 percent increase over 2008.

#27 According to a new report by the U.S. Census Bureau, the bottom fifth of all U.S. income earners brought in just 3.4 percent of all income in 2009 while the top fifth brought in a whopping 49.4 percent of all income.

So is there any hope that things will turn around soon?

No, not really.

At this point, even some of the top economic authorities in the nation are admitting that we are headed for very difficult times.

Goldman Sachs recently announced that the U.S. economy is likely to be either "fairly bad" or "very bad" over the next 6 to 9 months.

Not only that, but Federal Reserve Chairman Ben Bernanke now says that the U.S. economy is in a situation that is dire and "unsustainable".

Not that Goldman Sachs or Fed Chairman Ben Bernanke should be trusted when it comes to the economy.

When it comes to the problems we are facing, the truth can be found in the long-term trends.  If you have not done so already, please read "11 Long-Term Trends That Are Absolutely Destroying The U.S. Economy".  It will open your eyes to the true horrors that our economy is now facing.

But statistics alone do not tell the real story.

Sometimes what gets lost in the endless economic statistics is the very real pain of the millions of Americans who are trying to live through this.  The following story from the Unemployed Friends website is from a woman named Leetah who is desperately hoping to be able to get through this upcoming winter....

The place I live in right now has no jobs and no places to live. My fiance, Lloyd, and I have been looking for anything but he lost his job from McDonald's and the factories (the only jobs to make a living off of) consider him an insurance liability. I can't get hired to a factory because of I was fired from our major factory for attendance (I had to miss 3 days of work because I was sick). So we are moving to the Edmond/OKC region where we are hoping to find a job and a place with running water and heating. We've spent the last few years without heat and running water and so having a place with water and heat would be heaven.

Winter is coming up fast and I am so afraid. Last winter we almost died from the cold and now the thought of cold makes my throat close up and my heart pound. But it isn't just ourselves we are looking out for, we have our dog too. Our wonderful APBT Maggie who is 2-years-old and has been with us since she was 5-months-old. She's our baby girl and we can't lose her. We almost lost her to the cold too and it scared me so much. We are going to be living in our car soon with our dog.

I am hoping to be able to keep our food stamps in the new city so we can still eat. I have already applied for ten+ jobs and nothing yet but I am keeping my hopes up. Hopefully it will get easier to find a job once we get there. Then we just have to save up and then we can afford an apartment. Now finding an apartment with my awesome dog is another story.

Please say a prayer for those who are out of work and on the verge of being forced out on the street.

You never know, you might be next.