Category Archives: Inequality

Remember those 13 American colonies of Britain? Get ready for 50 American “colonies” under China

50 more stars?

The American Revolutionary War was really all about trade and the exploitation of colonies across the world by the British Empire. Nobody wanted to live under foreign subjugation, and you can’t blame them.

Today, we face a trade war with China that could set us back 214 years to colony status.

The British were the worst in trade with colonies. They even allowed a government-chartered corporation to build an army of 28,000 to rule India, so that nation’s conquered poor would supply cheap raw goods to Britain.

The London mills then turned cotton, for example, into expensive cloth, sold for top dollar. The people in India never shared in the wealth their country generated until freedom in 1947.

Another example of Britain’s avarice was the slave trade. While some 300,000 Africans were shipped to the American South, some 2.6 million were sent by the British to the Caribbean to harvest sugar. By the Civil War the 300,000 in America had grown in population to 3 million, but 2.3 million Caribbean slaves had died off, leaving just 300,000 survivors. Hell Britannia! Continue reading →

Make American workers poor again with H-2Bs; Trump bows to business buddies and hotel honchos

During his Saturday campaign rally in Washington, Michigan, the “Hire America” President Donald Trump said that the U.S.A. unemployment numbers were so good that it was now possible to allow many more guest workers into the country to work the fields and take millions of other jobs. The audience gasped and then was silent.

FDR-PROGRSS-PROVIDE-FOR-POORIt reminded voters, some who vigorously supported Barack Obama, of how that progressive candidate promised to reform the finance cartel, but then appointed nearly everyone from Wall Street to the Cabinet and highest councils.

And many may have recalled the first George Bush’s lip-reading campaign promise of “no new taxes.”

Or FDR’s pledge in the 1940 election to not send “our boys” into a European War.

I always thought it was a choice of two scenarios: some Presidents change their mind and some lie. But now there is the third possibility – that the President doesn’t have a clue about what he is saying. Mr. Trump, are you listening carefully? Continue reading →

2018 Bilderberg Group listing includes familiar names of America’s leading power brokers

Any group that includes such seemingly diverse guests as Lindsay Graham, Wilbur Ross, Madeline Albright, Herb McMaster, John Kerry, Rick Perry and Ben Bernanke can’t be called political, so what’s left to describe it?

These folks and their ilk will be celebrating once again as the Bilderberg Group meets for the 66th time on June 7-10 in Turin, Italy. There won’t be anything to report on what will be discussed by the establishment’s rich and powerful, and you surely will never be invited to this or any other get together. Ah, the fate of the little people.

You could call it a secret society that meets annually at the world’s fanciest hotels and resorts, surrounded by an army of rifle-wielding private security and public police, for a closed-door session of some 140 royals, corporate kings, technology brainiacs, international bankers, politicians and military experts. You could also describe it as an event with no other apparent reason – except conspiracy. Continue reading →

How does a 100% tariff only increase the real price of a $10,500 stent or a $600 eyeglass by only $15?

What does President Donald Trump’s tariffs on $50 billion worth of imports from China actually mean, and how will this affect you?

The blather ministers of mainstream media have received their talking points from the same lobbyists who control Congress, and they are using scare tactics on the public.

“A 25% tariff on a product will raise the cost of needed goods by a third, hurting the American consumer,” one son of a billionairess announced.

“We will have shortages of needed goods,” a genius two years out of college lamented.

“There will be a trade war, like the one that caused the Great Depression,’ a fellow with a bad wig grumbled.

The last point first. The Great Depression and crash of the stock market was in 1929. The Hawley–Smoot Tariff act was passed in 1930. The Depression was the result of the greatest economic inequality in our history – until today. The Crash was not caused by tariffs enacted after the fact by the unfettered capitalist administration of GOP president (Herbert Hoover). Continue reading →

Should drug company execs get life in prison for their predatory pricing that endangers our lives?

Illegal drug dealers, who are designated as major suppliers, will face the electric chair or gas chamber if President Donald Trump has his way. Our sometimes alert members of Congress voice agreement, now suddenly aware that criminals who sell opioids, like heroin and oxycodone, deserve more than slap-on-wrist fines or jail time.

Don’t bet on the death penalty just yet for these creatures. With decades of litigation possible, it’s easier to prescribe life in prison.

Martin Shkreli, smug former CEO of Turing Pharmaceuticals LLC

And speaking of prescribing, when are we going to deal with the legal drug dealers, whose companies have priced life-saving medicine in the stratosphere, so that only the very rich, or those with golden health plans, are able to afford?

An illegal drug dealer who hooks 200 victims deserves their fate.

A legal drug dealer who ruins the lives of millions deserves no less a prison term.

Which brings me to the example of Hepatitis C and the story of Marsha Lecour, who contracted the condition when she was four, after open heart surgery that exposed her to contaminated blood. Lecour is a native of Canada, the only nation, other than the U.S., which doesn’t have government-provided prescription drugs, where there is national healthcare for everything else. Continue reading →

CNN, Paul Ryan, Cato, NY Times, Paul Krugman, Heritage – one establishment voice against tariffs

Rich or poor, religious or not, every leader of every Southern state in 1860 opposed tariffs and embraced slavery. In the North, where there was no slavery, everyone favored tariffs to protect both American industry and wage earners from unfair foreign competition.

Today, Paul Ryan, Cato Institute or Heritage Foundation invariably promote cutting Social Security, Medicare, Minimum Wage, in fact they despise anything that helps the middle class. On the other side, CNN, Paul Krugman, WAPO and the New York Times say they oppose cuts to these necessary programs.

So, what’s happening here. Why are the leaders of the far left and far right joined together to fight against America seeking fair trade through fair tariffs? Continue reading →

N Y Post can’t stand fact that worker earned a big pension while pub’s boss is worth $15,700,000,000

Retired NYC sanitation worker makes $285K a year from pension

That New York Post headline made many folks angry. Do garbage collectors get pensions worth more than they deserve? Are evil unions behind this? Or dopey Dems? Or a PC still running only DOS?

To illustrate their point, the newspaper published a photo, sort of artsy-fartsy, of a trash truck. That’s to show those readers, who live in gated communities, that there is a device, which removes that garbage the help takes out to the curb on Tuesdays and Fridays.

But back to that big pension – $285,000 a year.

The facts often get in the way of a sensational story, and this one is not an exception. Continue reading →

Richest man in world ($115,000,000,000) offers only $8 a week raise to some of America’s top journalists, meanwhile spending $42,000,000 for a cuckoo clock

Washington Post writers and reporters began the New Year with a major problem: their owner was offering a lump sum $12 a week raise in the first year of a new contract, and $8 a week in the second year. Plus, unlike the New York Times staff, they had to pay for their own coffee.

Scrooge, how we love ya!

It’s not like this owner needs to cut expenses. The master of Amazon, Jeff Bezos, is estimated to be worth about $115,000,000,000 ($115 billion), and he even beats Microsoft’s Bill Gates as the richest person in the world.

For Bezos and many other corporate cheapskates, it’s about principle, not mere money. Along with the Koch brothers, Pete Peterson and the Cato Institute, the new mantra is that no raises should go to anyone for longevity. If you are with a company 20 weeks or 20 years, your pay should be exactly the same.

Rather than bore you with examining this idiocy hiding greed, an example from my previous employer reveals the same “management” style.

A reporter left my newspaper after many years of suffering miserable pay (under $7.92 an hour), and I was required to complete a form to be signed off by a half dozen corporate execs. Part of this document was a place to indicate the wage offered to the replacement. Continue reading →

If Trump had kept his campaign promise, a $50k couple would save an extra $2,739 in 2018 taxes

House Speaker Paul Ryan’s new tax law will save less than $9 a week for most working Americans, and many may receive cuts as little as $2.70. Meanwhile, a $1 million filer will gain $628 a week. The GOP plan smells like a few peanuts for the middle class and the elephant’s share of the tax cut designated for the very rich.

Let’s examine how the 2018 income tax really works, compared to what we were promised during the election campaign.

Current law now taxes a married couple for every dollar earned that exceeds $24,000 a year. Last year’s tax floor was $20,800, or a difference of $3,200.

Anyone earning exactly $24,000 in 2018 will save income tax of 10% of that $3,200, or $6.15 a week, versus last year.

What do you do with this $6.15 tax cut? If you are taking Xarelto for heart problems, as millions do, your tax bonanza won’t cover that drug’s $80 a month increase, or offset higher gas prices, or, or…

But what would have happened if candidate Donald Trump’s original tax plan had been adopted? Continue reading →

Everyone was watching the girl in the teeny bikini, just like the public is now looking for a big tax cut

As I entered the general manager’s office in the Gimbel’s Cheltenham department store, the mood was surly. Picking up an ad for my Philadelphia newspaper was usually pleasant. Sometimes conversation about merchandising for the 250,000 square foot emporium. Other times small talk and smiles, but not today.

It was a Spring afternoon in the late 1970s, and two hours earlier a tall blonde, wearing only a string bikini and high heels, strolled into the store and began walking from department to department, finally covering all three floors in about 45 minutes. She did not go unnoticed by the store staff or customers, and more than a few males seemed to wander after her at a safe distance, pretending to be interested in this or that sale display.

Ten minutes after she left, the Fine Jewelry department reported items worth several thousand dollars had been shoplifted. Then, other managers began counting goods and finding shortages.

It seems that while the blonde was walking, two accomplices were taking the goods. Continue reading →

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