Department of Fat Chance!
Email from 12 Million Member AFL-CIO, asking me to sign petition so that "TPP is as good for working people as President Obama has said it is". That'll strike fear into the heart of the plutocracy!
Actually, no it won't. We need credible electoral threats, in the form of credible masses of voters circling primaries, like sharks about to engage in a feeding frenzy. We need a massive public education program (ya know, one that actually educates if not most of the electorate, than a large enough percentage of them to actually make a difference. I.e., the exact opposite of the massive FAIL we can readily observe, for ourselves, if we just devote a few hours to engaging our clueless neighbors.) Read more about Email from 12 Million Member AFL-CIO, asking me to sign petition so that "TPP is as good for working people as President Obama has said it is". That'll strike fear into the heart of the plutocracy!
An email today from the Green Shadow Cabinet contains a link to Fast Track Is Not A Done Deal, The People Will Stop It
The byline says, "There is bi-partisan opposition in Congress to Fast Track and a large movement of movements mobilized to stop it."
When you read the article, however, you find:
roughly 30 House Republicans are already on record opposing the trade legislation.
I’m generally not one to brag or tell others “I told you so” but after reading more and more articles by other bloggers, writers, pundits and commentators over the past 5 years, I should claim to be some sort of clairvoyant.
More and more people have felt over the past 10 years that the U.S. was not just becoming more oligarchical, but was already an outright Oligarchy. My pessimistic view of the nation was finally vindicated.
“Testing Theories of American Politics: Elites, Interest Groups, and Average Citizens” was a report released this year that used extensive policy data collected between 1981 and 2002 to determine the oligarchic state of the US political system. The study stated “…the preferences of the average American appear to have only a minuscule, near-zero, statistically non-significant impact upon public policy.” Read more about VICTORY LAP – I TOLD YOU SO
The degrading squabble over the level at which a nation still retaining some small capacity for shame will say "Below this wage, by irrebuttable presumption, labor is uncompensated, ergo (implicitly) slavery", serves only to distract the working class, the surplus value of whose labor is being stolen, from the fact of the theft.
We need a maximum ratio by which the most highly compensated may command the compensation of multiples of their fellow humans. Read more about Minimum Wage? Hell, No! Maximum Wage
"Embracing chest hair is also a reaction to the crisis in masculinity," said [San Francisco-based sociologist Anna Akbari]. "Refusing to trim or shave or wax your chest, and instead let it creep out of the top of your shirt, is a way of shunning the manscaping trend and giving off a signal that you're a manly man."
Not content to have wrested from their lackeys on the Supreme Court the right to exclude from Medicaid millions of low income citizens of Repugnant governed states, the punks infesting the lower house of congress writhe in continued agony over their impotence. Read more about They have not the standing to sue, nor the balls to impeach.
Bloomberg, on today's ACA Summit held by by Organizing for Action:
[Obama] encouraged supporters to seek out other ways to sign up new participants before the March 31 deadline, including by mail, telephone or in-person.
What, I don't even get a Navigator? I get an Obot with a cellphone and a clipboard with an Obama sticker on it? WTF? Read more about ObamaCare Clusterfuck: Obama asks Obama for America volunteers to handle ObamaCare signups
I have seen the better angel of Obama's nature, and her name is Medea Benjamin.
The odd applause line from yesterday's seminal speech which may ( we humbly pray) in future times be cited as the start of sanity's triumph over societal paranoia. By the time Prez elicited audience approval for his concession, the redoubtable Code Pink founder had been forcibly ejected (not for the first time), Read more about The voice of that woman is worth listening to
I'm sure that some liberals would consider this outcome too close for comfort. We are not among those. Anything which "kills a mandate," is what we hope for.
Along with a split Congress, this may be the best RX to delay the implementation of Bowles-Simpson.
[BTW, we'll be casting our 'early votes' for Jill Stein tomorrow.]
“If a dog won’t come to you after having looked you in the face, you should go home and examine your conscience.” -- Woodrow Wilson Read more about As we watch the 'Debate' this evening, our hope for the election outcome will be . . .
The Job Guarantee and the MMT Core: Part Thirteen, John Carney Is Full of Talking Points and That's Polite
In a piece called “More Questions About the Job Guarantee,” John Carney provides some links to the continuing debate on the Job Guarantee (JG). All the links are to posts critical of the JG idea except a link to one of my four posts critical of Carney's earlier work and supportive of the JG. Read more about The Job Guarantee and the MMT Core: Part Thirteen, John Carney Is Full of Talking Points and That's Polite
I don't know that signing statements makes a whole lot of difference, but if you are into that kind of thing, you might want to go the First Amendment Pledge site and sign up. David Swanson, Margaret Flowers, and Kevin Zeese are among the signers, so you'd be in good company. Read more about First Amendment Pledge
The quick summary is that the German equivalent of our Supreme Court has ruled against Deutsche Bank in a crucial case related to the ongoing financial collapse. DB is the largest German bank, and is also a prime dealer for the U.S. Federal Reserve, a recipient of bailout funds from U.S. authorities, and just as nasty a predator as J.P. Morgan Chase or Goldman Sachs. Speigel Online reports: Read more about Banksters Lose BIG Case in Germany
Cross-posted from Real Economics.
The cover of a recent issue of Barron's magazine was presented in a recent post on Financial Armageddon. Please note the text on the cover at the top right of the globe (above the red arrow):
"The dollar's swoon is drawing more investors to the $4 trillion-a-day foreign exchange market." Read more about So you think the country's broke? Think again.
by Mike Kimel
Cross posted at the Presimetrics blog.
To maximize real economic growth in the United States, the top marginal income tax rate should be about 65%, give or take about ten percent. Preposterous, right? Well, it turns out that’s what the data tells us, or would, if we had the ears to listen.