"The
tax overhaul would mean an unprecedented windfall for the super-rich, on
top of the fact that virtually all income
gains during the period of the supposed recovery from the financial crash
of 2008 have gone to the top 1 percent income bracket."
Graph from the Economic Policy Institute
Millionaires
projected to own 46 percent of global private wealth by 2019
While the wealth of the rich is growing at a
breakneck pace, there is a stratification of growth within the super wealthy,
skewed towards the very top.
At the end of 2014, millionaire households
owned about 41 percent of global private wealth, according to BCG. This means
that collectively these 17 million households owned roughly $67.24 trillion in
liquid assets, or about $4 million per household.
By Gabriel Black
THE BILLIONAIRE CLASS WAGES WAR ON AMERICA!
http://mexicanoccupation.blogspot.com/2018/09/bill-gates-zuckerberg-jeff-bezos.html
"GOP estb. is using
the $5 billion border-wall fight to hide up to four blue/white-
collar cheap-labor
programs in lame-duck DHS budget. Donors are worried that
salaries are too
damn high, & estb. media does not want to know."
"GOP estb. is using
the $5 billion border-wall fight to hide up to four blue/white-
collar cheap-labor
programs in lame-duck DHS budget. Donors are worried that
salaries are too
damn high, & estb. media does not want to know."
TOP EVIL CORPORATIONS LOOTING AMERICA
Goldman Sachs TRUMP CRONIES – CLINTON
CRONIES
TOP EVIL CORPORATIONS LOOTING AMERICA
Goldman Sachs TRUMP CRONIES – CLINTON
CRONIES
JPMorgan Chase OBAMA CRONIES
ExxonMobil
Halliburton BUSH CRIME FAMILY CRONIES
British American Tobacco
Dow Chemical
DuPont
Bayer
Microsoft
Google CLINTON CRONIES
Facebook OBAMA CRONIES
Amazon
Walmart
STARING IN THE FACE of AMERICA’S UNRAVELING and the ROAD TO REVOLUTION
“It will more likely come on the heels of economic dislocation and dwindling wealth to redistribute.”
"The kind of people needed for violent change these days are living in off-the-grid rural compounds, or the “gangster paradise” where the businesses of drugs, guns, and prostitution are much more lucrative than “transforming” America along Cuban lines." BRUCE THORNTON
*
STARING IN THE FACE of AMERICA’S UNRAVELING and the ROAD TO REVOLUTION
Getting the Word Out on our Failed Ruling Class
I finally got to watch 56-Up, the latest in the Brit Up Series that has followed the lives of 14 Brits born in 1956, starting with Seven Up broadcast on ITV in 1964.
The cunning plan of the lefties at Granada TV was to pitch three seven-year-old sweetie-pie working-class lasses against three insufferable upper-class boy snobs, one of whom allowed as how he read the Financial Times. But the whole thing fell apart in later episodes as the working-class girls descended into welfare-state hell and the toffs grew up to be model citizens: Baldrick’s Cunning Plan strikes again.
Could it be that the meaning of life, the universe and everything has nothing to do with mechanical things like the NHS or union jobs or government schools? Ya think?
We know who is to blame. It’s the educated ruling class -- media, the universities, the intellectual, the activists -- that invented and implemented the welfare state, and have acquired power and fame doing it. But how to tell the people?
I found out the answer, from Voltaire’s Bastards by John Ralston Saul. The book is a hot snarky mess, except the chapter on “The Faithful Witness” and the rise of the novel. It was the Voltaires, the Swifts, Dickens, the Balzacs and Zolas that told the last lot where to go, and they succeeded in spite of the power of the ruling class of the time, which threw everything it had at them: jail, exile, you name it.
The writers got the word through to the people, because they told a compelling story.
The question is: how does our generation get the story out to the people, in spite of a ruling class that runs everything and, like ruling classes everywhere, is pretty good at getting people to think and write and say approved thoughts, and also at making them pay dearly for saying and writing unapproved thoughts.
The problem for Britain’s old working class, as for our U.S. white working class dying of despair, is that the glorious mechanical apparatus of progressive administration has no soul. As Chris Arnade of Back Row America says, the lower class interface with the welfare state is with “sterile institutions that chew them up and then spit them out.” We are talking about the courts, the prisons, welfare offices, “rehab clinics and detox centers, law offices”.
The fact is all government institutions are like that, including armies, which are expressly designed to suck up young men and send them out to fight the regime’s wars. In the process millions of young men get chewed up, and the lucky ones get spat out.
Hello liberals! It doesn’t matter what government program we are talking about, whether evil colonialist militarism, or domestic activist colonialism; in the end it comes down to chew-up-ology and spit-out-ology. Because government is not compassion; it is force.
And so the working class in Britain and in the U.S. got chewed up in the gears of administrative government, and spat out onto the scrap heap of history. Yet our lefty friends have learned nothing, and are still proposing vast new administrative programs to save health care and the planet.
Most world views are binary: socialism against the capitalists, front row vs. back row, somewhere vs. anywhere, as though we are all one or the other. But I see a world in triplicate, Three Peoples, with two interfaces, between subordinates and responsibles, and between responsibles and creatives.
And here's a thought: people experience good and evil as they look across the divide, and hate the Other. Hell is other people, said Sartre.
The working class looked across the divide at the competent middle class and hated it. Now we have educated ruling class hating on the responsible middle class.
The lesson of 56-Up is that there is no alternative but to take up the burden of responsibility for your own life. That is the message. The socialists say that you can hand over responsibility to caring and compassionate activists and they will look after you. They lie.
Still, it must be admitted that the middle class with its culture of responsibility has obtained a monstrous advantage over the working class; some might even call it unjust white supremacy.
Right now all good deplorables are raging against the deplatforming and campus mob action and social media censorship. But maybe all it means is we are getting the word out, and that the ruling class is starting to fight back, and has sent its guards to beat up the peasants with pitchforks that are beating on the gates.
The rulers will doxx us and harass us and ruin us and even jail us. Just like in olden times. All we have to do is get our message out. Just like in olden times.
But let’s not hate our foolish rulers. We are better than that.
Christopher Chantrill @chrischantrill runs the go-to site on US government finances, usgovernmentspending.com. Also get his American Manifesto and his Road to the Middle Class.
Sanders Slams Walmart Board: Pays Employees ‘Starvation’ Wages, CEO Gets $20 Million
3:02
Sen. Bernie Sanders (I-VT) took a slight detour on the presidential campaign trail to slam Walmart at its annual shareholders meeting in Bentonville, Arkansas, on Wednesday for paying its employees what he described as “starvation” wages while the Walton family is “the richest family in America” and pays its CEO $20 million in compensation.
(Sanders remarks begin at approximately 7:40)
Sanders was allowed to attend the meeting as a proxy for Cat Davis, a Walmart employee, where he read a resolution he asked the board of directors to pass that would require “hourly associates” to be nominated for seats on the board.
We're in the car heading to the Walmart shareholders' meeting. We are going to demand that the owners of Walmart pay their workers a living wage and give hourly workers seats on the board. #BernieAtWalmart pscp.tv/w/b8fLCzMyNzU3…
Resolved shareholders of Walmart urge the board to adopt the policy of promoting significant representation of employee perspectives among corporate decision makers by requiring that the initial list of candidates from which new nominees are chosen by the nominating governance committee include hourly associates. The policy should provide that any third party consultant asked to furnish an additional list would be requested to include such candidates.
Then Sanders challenged the board about its pay policies that he said leave many employees dependent on government welfare. He said:
Madam chair, the issue we are dealing with today is pretty simple. Walmart is the largest private employer in America and is owned by the Walton family, the wealthiest family in the United States, worth approximately $175 billion, and yet despite the incredible wealth of its owne, Walmart pays many of its employees starvation wages. Wages that are so low that many of these employees are forced to rely on government programs like food stamps, Medicaid and public housing in order to survive.Frankly, the American people are sick and tired of subsidizing the greed of some of the largest and most profitable corporations in this country. They are also outraged by the grotesque level of income and wealth inequality in America as demonstrated by the CEO of Walmart making a thousand times more than the average Walmart employee.Last year Walmart made nearly $10 billion in profit. It paid its CEO over $20 million in compensation and it has authorized $20 billion in stock buybacks, which will benefit its wealthiest stockholders.Surely, with all of that Walmart can afford to pay its employees a living wage of at least $15 an hour. And that is not a radical idea because many of Walmart’s major competitors like Amazon, Costco and Target have already moved in that direction.Further, Walmart should give a voice to its workers by allowing them seats on the board of directors.The concerns of workers, not just stockholders, should be part of board decisions.
Sanders then told the board to “do the right thing” by passing the resolution.
“Today with the passage of this resolution, Walmart can strike a blow against corporate greed and a grotesque level of income and wealth inequality that exists in our country,” Sanders said. “Please do the right thing. Please pass this resolution.”
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Harvard/Harris Poll: Building Border Wall, Cutting All Immigration to U.S. Top Priority for GOP Voters
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