Showing posts with label capitalism. Show all posts
Showing posts with label capitalism. Show all posts

Saturday, March 21, 2009

The Newest Golden Rule

Larry Sommers and the other big shot economists on Obama's team are expressing "foot stomping" rage that the Wall Street institutions that we have given Billions of dollars to have been using a good percentage of that money to pay bonuses to the same financial wizards that got us into this mess.

But they are powerless to do anything about it. They tell us we are a nation of laws. A contract is something that is sacrosanct. It can't be messed with or changed by a third party.

This will come as news to the hundreds of thousands of working people who have seen their pensions, healthcare and wages slashed. Just a matter of weeks ago, the government was threatening the jobs of tens of thousands of people whose jobs depend on the domestic auto industry. Given an ultimatum by the government, the auto workers were forced to accept wage cuts to put them more in line with what non-union workers receive.

What makes a contract between millionaires sacred and those between corporations and millions of workers profane?

Could it be the golden rule? He who has the gold makes the rule?

Sunday, March 15, 2009

Bailout: Bonus Bologna

by Cilla Sluga
Wait a minute! I learned today that AIG (American International Group), the same company that took more than $170 billion in taxpayer bailout money… my money; your money through our Federal Reserve System, now plans to give executive bonuses to the tune of $165 million. The same people that took AIG to the brink of collapse are rewarding themselves for their unimaginable mismanagement.

Tim Geithner, the Treasury Secretary pretended to be outraged on the Sunday morning talk show this weekend. He said he was foot-stomping mad and demanded that AIG not give the money. Unfortunately, he sighs forlornly, these bastards are going to get their money because lawyers said that AIG is contractually obligated to pay it.

Oh really? Contractually obligated, ey? Tell that to the auto worker in Detroit. Tell that to the retirees or those close to retirement, who paid into pension plans their entire work life, and had them guaranteed in their contracts, but will not receive them because the company claimed it could no longer afford it, and the courts backed them up.

What makes a contract between millionaires sacrosanct while contracts between corporations and their employees can be ripped into little pieces?

A political cartoon of a luxury liner going down. The Passengers are in the water. Above is a man in a helicopter with a megaphone shouting, “Attention! If you’re the Ship’s Captain, its investors or manufacturers, we’re here to rescue you.” Mike Luckovich, Atlanta Constitution.
A while back I heard a pundit say that this was a war between the people who showered before work and those who showered after. It is the absolute truth. And our “liberal” new administration has taken its stand with those who shower before work. Geithner can act and shout as loudly as he wants on television. However, unless the government does something about it, it’s hollow blather. AIG bigwigs should be worried about joining Bernie Madoff, rather than collecting their bonuses.

Crossposted at: Big Noise

Tuesday, March 10, 2009

The First Few Steps

by Cilla Sluga & Mike Meiselman

It’s unusual to have such an in-depth conversation with a total stranger. But, we liked her almost immediately. She was tall, in her twenties and had a cute three cornered smile. She asked pointed questions and was not the least bit interested in chit-chat. Pretty remarkable since Jen was our server at a semi-fast food restaurant.

We’re not quite sure how the conversation started; however, within no time at all, Jen was asking us about our politics. She didn’t believe we were as lefty as we claimed. She asked if we knew any leftist anthems. Mike obliged her, there in the small restaurant dining room, by singing The Internationale, clenched fist in the air.

Eventually, she wanted to know what kind of activism we were currently involved in; when we told her we were disability rights activists, her eyes widened. Her sister had spina bifida.

Jen, was not just our server, it turns out she was the restaurant manager. She asked if our group needed money. What? Someone was offering to help our organization with cash. We tried to tell her we weren’t an official 501(3) C; that we probably weren’t eligible. However, she would not be deterred. She said, “If we can have a fundraiser for the local high school cheerleaders, surely we can have one for an organization that works for the rights of disenfranchised people.”

So, we promised to provide her with the information she required.

A week or so later, we took requisite documents to the restaurant and she sat down with us again. Her intensity and inquisitiveness had grown. She confessed she was not much of an activist, but was angry about a lot: School of the Americas, the wars, the budget crisis, poverty, racism, bigotry, and Rush Limbaugh to name a few.
She wanted to know what our group was doing right now. We told her about projects great and small. We talked about an accessible fishing pier at the lake. We told that the statue of Lincoln at the state capitol was still inaccessible, on this the bicentennial of “the great emancipator’s” birthday. When talked about involuntary sterilization act being debated in the state legislature; and other mutilations that children with disabilities have gone through, all at the hands of parents and guardians. She cried tears of anger and sadness.

She reminded us of others we know. They care, deeply, about the world and its people, but feel powerless to change it. She said she felt unable to change things… so rather than stay angry, she confessed, she put it out of her mind as much as she could.

We told her that anger was a good motivating force, and to use it; but it would not sustain her. The only real antidote to frustration and/or anger is activism. Jen said it was all so overwhelming; how could she just pick one or two things when so many things were wrong?

Both of us also remember feeling that way. The frustration Jen and others feels is like burning rubber off the tires; it makes a lot of smoke, just doesn’t get you anywhere. We found progressive groups of people and started working together to change things. We felt less angry because we were actually doing something. In fact, it was invigorating.

One thing you quickly learn once you start fighting back is that is that the enemies turn out to be the same entities. If you are fighting for a clean environment, you learn that the people behind the pollution are also responsible for derailing regulations on Wall Street. The same forces that profit from keeping institutions open are the same ones who profit from prescription drugs that are priced out of reach for people of poor and moderate means. They don’t want regulation either… they want profits. They don’t want equality, they want it all.

The ruling class wants us to fight with one another for limited resources so we don’t focus on them and their system of wealth for the rich and crumbs for the rest of us. We must continually fight, not just for the daily needs of our people, but also to knock chunks of power out of their hands and put it in ours.
She still wasn’t sure. We believe there are a lot of people in the same position. For them the most difficult step of a journey isn’t the first one. It’s more like the second or third step. Once you stick your toe into an issue, you can feel the power on the other side. What usually happens after that; people get scared, put blinders on and refuse to look at injustice any longer. It also requires us to examine our system of equality, wealth distribution and privilege. Once you start doing that, you get called names, like “red” and “socialist”. It is enough to scare most people away.

We want to say do not be deterred. Take Barack Obama’s story about grassroots organizing in Chicago. He saw the poverty; he knew the issues; he spoke to the people; yet at his first meeting, no one showed up. That’s pretty devastating. He was disheartened and thought about quitting. Then he thought that quitting and realized that wasn’t going to improve anything for the people he cared about. He felt he had no choice to but to try and try again. He succeeded in building leadership from the community where little existed before. That enabled him to go on to create or sustain other social movements.

Find your passion. Bring about change in your neighborhood, or city. Fight for women’s rights, or cleaning up the superfund site down the road, or racism, or disability equal rights. Change a neighbor, or local council’s idea about how to deal with people who are disfranchised and you are changing the world.

Crossposted at Big Noise.

Wednesday, January 14, 2009

Howe Could They...

Updated 1-14-09

by Big Noise and Magitator

There is a perverse pride, being from Illinois. We take a chest thumping pride at our corrupt politics and gangster past. Our daughter, who lived in Chicago for several years, is now in Boston. When the Blago scandal broke, she and someone from Rhode Island were talking about it. The woman from RI was saying how corrupt their government was. Our daughter, with great bravado replied, “There was more corruption on my block in Chicago, than in the whole state of Rhode Island.”

(OK,-she-is-Mike’s-daughter,-but-we-don’t-like-to-make-those-kind-of-distinctions-in-our-home,-so-I-called-her-my-daughter-too-but-I-don’t-want-to-be-presumptuous-or-make-her-mom-feel-bad-but-I-digress…)

Seriously, watch the Illinois pundits that provide commentary on national television. They smile while they pundit. Folks talk to one another about it on the street, smile and shrug. Illinois, the birthplace of “the smoke-filled room”; the “vote early and often” cliché; the patronage of the Dailey machine; the gangster owned city tow lots; and more. What more can we expect here?

I cannot deny I was a part of that Illinois “our politicians and more corrupt than your politicians” fun group. However, it all changed yesterday. I attended a committee hearing about the closure of Howe Developmental Center. We wanted to show our support for closure by showing up at the budget allocation commission meeting. No money means it would have to close.

Pic 1. Woman in raincoat talking on mic; second pic a sign that reads free our people, close Howe Now and third pic of young woman who uses a wheelchair and a man kneeling next to her.(Campaign for Real Choice Photo)

Howe is a hellhole of a residential facility. The federal government decertified it a year ago. Equip for Equality (our protection and advocacy agency) has investigated the facility seven times documenting describing in gruesome detail the deaths of 21 people and multiple instances of abysmal care. Two more people died there in the last two months. The United States Department of Justice is investigating violations of the Constitutional rights of the people living there.

The committee meeting was to start at 3:00. It started at 5:30 (it is after all, Illinois). When they finally met, their first order of business was to “quarantine” any action on the closure until sixty days after the senate impeachment trial verdict. Thus, they knocked the train to close Howe right off the track.

Have these folks every heard of multi-tasking? Can they only handle one thing at a time? People are dying for Christ’s sake!! Our most vulnerable people need action, their very lives are at stake; and this joint committee just put down the ball and walked off the court.

One legislator, Elaine Nekritz, Democrat from Des Plaines spoke for the closure of Howe. She noted Illinois dead last in offering community options to people with disabilities. She also pointed out we are under federal mandate to shut down these institutions. She was outvoted 10 to 1.

AFSCME, and other supporters of keeping Howe open want to use the additional time to pressure the politicians.

We have to use that same time to speak the truth to the legislators. As advocates for people with disabilities, we will use our voices for the most vulnerable. They should not disregard us. We have numbers: as we continue to organize ourselves, our strength will make them feel the power of the disability rights movement.

Crossposted at BigNoise

Here is excellent information on specifics on why Howe should be closed NOW

Sunday, March 30, 2008

The Government to the Rescue

Isn’t capitalism great! Tens of thousands of us are losing their homes due to unscrupulous sales practices of financial institutions. Our standard of living is plummeting. But Government is coming to the rescue! Not for you and me but for the very financiers who scammed us from the start. The Federal Reserve’s unprecedented offer has made available tens of millions of tax payer dollars to insure that these giant Wall Street investment companies won’t lose any more money and that the corporate customers of the financial giant Bear Stearns will not suffer needlessly. The capitalist’s mouthpieces tell us that Bear Stearns’ management will not be getting any of our tax money. Nobody is talking about filing fraud charges against them. Instead, their criminal acts will leave them “busted“. For example, the Wall Street apologists point out that the Chairman of Bear Stearns is really taking a hit. A month ago his stock in his company was worth over one billion dollars. But when the value of his stock plummeted from $171.50 per share to $2, his stake plunged to about $27 million. JPMorgan took pity on their criminal cohort’s management and raised their offer to $10. Now his stake is well over $100 million. You wouldn’t believe the changes he has been forced to make to live within his means. Wouldn’t it be nice if that concern for the fat cat’s wellbeing bled over to concern for the rest of us.

Sunday, August 5, 2007

Capitalism has Outlived its Usefullness

I watched the Minnesota Interstate Highway bridge collapse. I watched the amazing pictures of the New York City steam pipe explosion; and I watched the levees crumble and saw New Orleans flooded.

I wanted to write about how America’s infrastructure is falling apart. I was going to point out that there is insufficient money in the Federal Budget to upgrade and maintain the roads, bridges and utilities we all share and are imperative to our standard of living.

I was going to close by making the point that the war in Iraq is costing us well over two billion dollars a week and that the money could pay for rebuilding our infrastructure. I was going to show that it could go a long way to making good on the promise of decent health care service for us all.

But I started thinking; if we weren’t involved in a catastrophic war where would we spend the $300 million a day the war is costing us? Would this money go to rebuilding our power grid? Would prescription drugs be available to those who need them? Would our roads, bridges, rail roads, air traffic control systems be improved? Would health care for all be affordable?

Nahhh! I don’t think so. Since 2001 the Department of Transportation, the Department of the Interior, the Environmental Protection Agency, the Department of Energy, the Department of Housing and Urban Development’s have all received budget cuts of up to 4%. The Corps of Engineers, despite what they were doing in New Orleans, receives almost 2% less than in 2001.

These are the federal departments most directly responsible for the upkeep of our national infrastructure; they are not even close to staying even with the degeneration of our national infrastructure. The physical degeneration of our country didn’t start under the current administration. The infrastructure was crumbling under previous administrations as well.

Why? Isn’t our government supposed to meet the needs of we, the people? The truth is, government sees to the needs of those who control the national purse strings. The Investment Bankers, Wall Street Tycoons, Oil Company Magnates and the others who control 80% of our country’s wealth call the shots. If they want a tax cut, they get a tax cut. If they want less regulation, they get ‘em. If they want to increase their control over the world’s oil, the government does its best to accommodate them.

There are men and women in government who are decent and actually try to represent the interests of the majority of people. But the rich and powerful are winning the ideological class war; and large numbers of us who are not part of the economic elite have bought into their lies.

The big lie is that the rich deserve everything they have and if you are not happy; it’s your own fault. Not happy with your lack of health insurance? Eat healthier and you won’t need it. Not happy because your workplace closed and now you’re forced to work two jobs to make as much as one used too? It’s your own fault for not getting that Masters Degree in Business. Not happy because the color of your skin seems to draw the attention of the police as you drive? Quit whining – You should be more careful where you drive. You’re not happy because it’s impossible for your power chair to negotiate the curb cuts in your neighborhood? Blame your Mother for taking thalidomide. Not happy because it’s getting more expensive to gas up your car? Blame the environmentalists for blocking drilling off the coast of Florida. Not happy because that low paying job you had laid you off to hire new immigrants? Don’t blame the owners, blame the new immigrant. And so it goes.

They’ve got us so turned around that for the first time in history the have-nots are blaming folks who have less for our dissatisfaction. In fact, many of us are more likely to identify with the rich and powerful than with our neighbors and co-workers.

History is filled with examples of how economic systems become obsolete and are replaced. It was only a couple of hundred years ago with the start of the industrial revolution that the feudal system was replaced by capitalism. That was a good thing. Feudalism became a brake on the ability of society to move ahead. Capitalism filled the historical bill. People who had a stake in maintaining feudalism fought hard against the budding capitalists. There were revolutions aimed at overthrowing or restricting the power of the feudalists in Germany, France, England, the United States and just about the rest of the industrializing world. Back then it was the capitalists who were the revolutionaries.

It is time to end capitalism's reign. It no longer is capable of moving the standard of living for all forward. It is incapable of providing the breakthroughs to benefit humanity. Those who profit from capitalism are engaged in a giant war to maintain their privilege and make us think that these inequalities are right and just.

Let’s get over our fear of being called names and open our minds and our hearts to create an economic system where greed is not good but concern for our co-inhabitants of this planet is.