President Obama and President-elect Trump have very little in common and, despite hollow public displays of bipartisanship, they are unlikely to have a chummy relationship with each other during the Trump presidency. More
How I yearned for a viable third party candidate—Ben Sasse, Ted Cruz, Marco Rubio, even Mitt Romney. More
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The Russian Connection More
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The eight-year performance due to end on January 20 will never, I suspect, be viewed with anything like a historical consensus. More
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While the election battles have died down, another battle surprisingly persists: how do you morally justify President-elect Trump? More
Imagine a mugger who takes all your money from you and then reports it as income… Did our economy just go up? Did the money the mugger stole from you reflect an increase in our society’s productivity? This is exactly what is going on with Wall Street brokers, credit card companies, and banksters reporting huge and rising profits on traded stocks or the payments and interests on mortgages, student loans, car loans, and so forth. It’s both a smoke screen to tell us our economy is going up – when in reality most of our wages are stagnating or even sinking and many of us languish in unemployment – and also the reason why our living costs keep rising. On top of the costs for constructing that house or that car and for paying those university services, we are paying a kind of rent (or taxes) to all these monetizing parasites who get richer and richer not by producing anything, but by skimming off the top from all the money that circulates among us as we go about our daily lives.
So, it is not surprising that the quality of our lives has gone down via sinking income and rising living costs for all these decades while our smarmy politicians tell us through their lying teeth that our economy keeps growing.
It is a scheme of legalized robbery which hollows out our economy from within to make the robber billionaires even richer than they were born. And we are stupid enough to let it continue, to not even recognize what is going on, and to vote for the false choices (those professional puppets in politics) which the ruling class dangles before us each election cycle — with a quaint variation, this year, when one from among this ruling class thought it cool to go down in history as one of America’s presidents, one who – despite his grandiose promises – surely won’t do anything to change this system of theft which has benefited him as much as all the other robber billionaires. The fact that those robber billionaires, who bother to actively meddle in our politics, would have preferred one of their groomed operatives in the Oval Office over one slightly unpredictable member from their own circles, doesn’t change the fact that the robber billionaires (a.k.a. the oligarchs, our plutocratic money aristocrats) are still very much in power.
Our economy is rotting from within by monetization which treats financialization scams as productivity. It’s also rotting from within by privatization of public property like the natural resources of land, minerals, and water (and maybe even the air in the future?). And it’s rotting from within by privatization of man-made public property, as well, such as roads, parking places, and bridges, built with tax dollars, and then sold for pennies on the dollar to robber billionaires, so that the parking and toll booth fees we pay don’t go to maintaining the roads, parking lots, and bridges (nor to building new ones), but into the giant wallets of the robber billionaires who rob us every day — making their money in their sleep! Globalization has been an accelerator in this game by pitting workers across the globe against each other to make the lowest common denominator of living conditions in the slummiest parts of the world the norm for everybody — and to distract us from the true underlying cause of our declining economies… plus to scare us into compliance.
At the same time, our political system has rotted to the core by our oh so “legal” – as well as downright illegal – means for bribing politicians and – coming from the other end – by compelling them through the enormous costs of privately–funded election campaigns. All this at the hands of an army of registered lobbyists 40,000 strong who primarily work for the robber billionaires for fat pay in blood money.
For many of us, the water is up to our necks, and the same is true for the communities, plants, and animals we need to survive. Even our climate is toppling over. How much longer will we tolerate this system of death?