Ted Rall:
Category: Class War
Time bombs
Mind you, this article is in Marketwatch, not the Socialist Workers Daily. Go read the whole thing, it’s food for thought!
Yes, the rich live in a different world. And no, information won’t change them. But a revolution will. Revolutions build slowly over a long time. Then, suddenly, a critical mass, a flash point, something totally unexpected ignites the ticking bomb.
It happened recently in a remote Tunisian village. Mohamed Bouazizi, a 26-year-old college graduate, unable to pay bribes, set himself on fire to protest police confiscation of his unlicensed vegetable cart. That triggered a revolution. And his death rapidly led to the collapse of a 24-year dictatorship.
Today we have four hot time bombs, tick-ticking, soon to make history; any one can easily accelerate the revolution that’s already killing Wall Street from within.
1. Wealth gap: Super-Rich vs class wars, death of democracy
The gap: In one generation, America’s wealthiest 1% has exploded from 9% to 23% of America’s income, while middle-class income has stagnated. Even Buffett admits: “There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and winning.”
But my rich friend tells the real story, of their social disconnect. The rich just don’t care. They live in a different world, live by a self-centered code lacking a moral compass. The public welfare is honored only if supported by tax benefits.
The wealth gap is widening and soon something unpredictable will ignite a Wall Street revolution.
2. Wall Street’s doomsday capitalism vs rule by anarchy
A key Supreme Court decision accelerated and codified Wall Street’s ability to use billions stolen from taxpayers to lobby Washington and solidify its power, all for its own self-interest, through campaign payola, senators’ votes, presidential access, manipulation of regulators, grabbing tax benefits, etc. And it’s every man and woman for themselves.
Don’t believe it? Know this, democracy is dead and you’re in denial. Wall Street CEOs and Forbes 400 billionaires are either engaged in a secret conspiracy, or a classic anarchy picking apart America, oblivious of the fact they are setting up the next big revolution.
3. Pentagon’s perpetual war machine vs America’s budget time bomb
The mathematics of our $75 trillion Social Security and Medicare deficits often seem insurmountable, but can be recalibrated. However, the war-loving mindset of America’s neocons — fueled by China’s military actions, the insatiable expansion of our military spending and a Pentagon prediction that global population growth — is putting more and more pressure on the world’s scarce resources, and will, in turn, increase global wars and the demand for more war spending, increasing the risk of sudden revolutions everywhere.
4. Global population explosion vs resources, jobs, better lifestyles
As the world population explodes from 7 billion to 10 billion in the next generation, the demand for more jobs and the pressure on scarce resources will increase, while expectations will fall as the ratio of haves to have-nots increases, making the world all around Wall Street a burning powder keg setting up a revolution.
Bottom line: Forget jailing Wall Street’s dictators. It’s naïve and too late. We missed that opportunity. But a revolution will do the trick, give us a second chance to jail the crooks.
Until then, remember, these four factors are building to a head, merging into a critical mass that will accelerate into a revolution and destroy Wall Street from within: The widening wealth gap, capitalism’s new rule-by-anarchy, the high cost of feeding the Pentagon’s costly war machine, and the huge global population explosion.
Arghh
The wires that control the public mind
Via the Left Coaster. You know, I don’t think most people can even conceive of the lengths to which the corporate class goes to shape our perceptions:
Half a loaf
A judge has ordered Wisconsin protesters out of the Capitol overnight, but reaffirmed their right to be in the building during normal hours:
MADISON, Wis. — A Wisconsin judge ordered the removal Thursday night of pro-union protesters who have camped out in the state Capitol for more than two weeks, but he also ruled that the state had violated the public’s free speech and assembly rights by restricting its access to the building.
Dane County Circuit Judge John Albert directed authorities to immediately take actions to remove demonstrators who stayed in the Capitol after its normal 6 p.m. closing time. He also ordered the removal of unauthorized materials, such as sleeping bags, air mattresses and the hundreds – perhaps even thousands – of signs that protesters have taped to the Capitol’s walls.
Some protesters voluntarily complied with the order to leave. Others did not immediately do so.
The demonstrators are upset with Republican Gov. Scott Walker’s proposal to eliminate nearly all collective bargaining rights for public employee unions. At times, tens of thousands of people have congregated on the Capitol grounds during the past couple of weeks. About 100 people ignored a 4 p.m. Sunday deadline to leave the building so it could be cleaned, instead sleeping on the floor and occasionally banging drums and chanting.
Since Monday, the Department of Administration has restricted public access to the building, generally allowing in more protesters only when an equal number left. Unions challenged the policy in court, leading to Thursday’s night’s interim order. The lawsuit could continue.
The decision was a partial victory for protesters, because Albert determined that the policy restricting public access violated constitutional rights and ordered the state to re-open the Capitol with greater public access by 8 a.m. Monday. Although it was not detailed in his written order, the judge issued an oral order in court allowing the administration to institute permitting procedures that limit the times and locations where rallies can be held in the Capitol.
David Cay Johnston
http://www.opednews.com/populum/linkframe.php?linkid=127882
WTF?
Frustrated Democratic lawmakers and interest groups have been railing to White House aides that Mr. Obama is forfeiting opportunities to draw the public’s attention to what the Republicans’ cuts would mean for programs popular with most voters, including the coveted independents. The aides respond that the time will come for Mr. Obama to join the attack, should Republicans press their agenda and refuse to compromise…
Similarly, the White House mostly has sought to stay out of the fray in Madison, Wis., and other state capitals where Republican governors are battling public employee unions and Democratic lawmakers over collective bargaining rights. When West Wing officials discovered that the Democratic National Committee had mobilized Mr. Obama’s national network to support the protests, they angrily reined in the staff at the party headquarters.
Administration officials said they saw such events beyond Washington as distractions from the optimistic “win the future” message Mr. Obama introduced with his State of the Union address, exhorting the country to increase spending for some programs even as it cuts others so that America can “out-innovate and out-educate” its global rivals.
I wonder if he mentioned to the Egyptians and Charlie Sheen that they were stepping on his WTF message too? I mean, how rude of people to get off message when the White house is trying to convince the country that they should believe him over their lying eyes (and empty pocketbooks.)
By the way, that last graph is a quote from Digby, not me.
Republican war on working families
Neutering the teachers unions
The hollow cry of ‘Broke’
You know, New York Times, if you keep this up, I might actually grow to like you!

