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Sorry, I was wrong about #OccupyWallStreet

I dismissed this in the same way I dismissed the riots in the United Kingdom. I thought, yeah ok, there will be some protests and at best maybe there may be some in depth papers covering this simple stat which is part of what is getting people to the streets

I thought that they would be ridiculed. They were. It strengthened them. I thought that they NYPD police abuse was the end of their movement. It only gained them strength and support. I thought that the 700 arrests would destroy them. It drove students in to their willing arms.

There are no riots. There is no criminality to allow the upper 1% to simply dismiss them as criminals.

They represent ordinary people who are crying – enough is enough. Why should they face the pain of “austerity” when the very criminals who caused the collapse of the economy are rewarded?

The media first ignored #OccupyWallStreet. Now they are at the frontline. Soon they will be claiming credit, while misrepresenting the people who are speaking out.

Already Republicants are calling it “class warfare” because the 99% are now saying enough is enough.

An old message now

The 1% went one step too far.

Now they are having to fight back through the media. Of course, it is worth remembering only a few months ago every Republican Presidential candidate parroted the GOP line that they were the ones fighting crony capitalism.

Now watch the live stream

Three charts to confuse right-wingers

August 29, 2011 7 comments

Here are three “reality-based” charts to show to the right-wingers who spout nothing but FOX-Limbaugh lie machine talking points.  These charts show what actually happened.

Spending

Government spending increased dramatically under Bush.  It has not increased much under Obama.  Note that this chart does not reflect any spending cuts resulting from deficit-cutting deals.

Deficits

Notes, this chart includes Clinton’s last budget year for comparison.

The numbers in these two charts come from Budget of the United States Government: Historical Tables Fiscal Year 2012.  They are just the amounts that the government spent and borrowed, period,  Anyone can go look then up.  People who claim that Obama “tripled the deficit” are either misled or are trying to mislead.

The Stimulus and Jobs

Bush-Obama-Jobs-Chart

In this chart, the RED lines on the left side — the ones that keep doing DOWN — show what happened to jobs under the policies of Bush and the Republicans. We were losing lots and lots of jobs every month, and it was getting worse and worse.  The BLUE lines — the ones that just go UP — show what happened to jobs when the stimulus was in effect. We stopped losing jobs and started gaining jobs, and it was getting better and better.  The leveling off on the right side of the chart  shows what happened as the stimulus started to wind down: job creation leveled off at too low a level.

It looks a lot like the stimulus reversed what was going on before the stimulus.

Conclusion: THE STIMULUS WORKED BUT WAS NOT ENOUGH!

More False Things

These are just three of the false things that everyone “knows.”  Some others are (click through): Obama bailed out the banks, businesses will hire if they get tax cuts, health care reform cost $1 trillion, Social Security is a Ponzi Scheme or is “going broke”, government spending “takes money out of the economy.”

Why This Matters

These things really matter.  We all want to fix the terrible problems the country has.  But it is so important to know just what the problems are before you decide how to fix them.  Otherwise the things you do to try to solve those problems might just make them worse. If you get tricked into thinking that Obama has made things worse and that we should go back to what we were doing before Obama — tax cuts for the rich, giving giant corporations and Wall Street everything they want — when those are the things that caused the problems in the first place, then we will be in real trouble.

Adapted from the original Kos diary by DaveJ.

This is what “austerity measures” do.

August 18, 2011 5 comments

Nations choose to adopt policies that force their public into austerity.

The number of people unemployed in the UK rose by 38,000 to 2.49 million in the three months to June.

This took the jobless rate from 7.7% to 7.9%,the Office for National Statistics said.

The number of people claiming Jobseeker’s Allowance also rose, by 37,100 in July to 1.56 million, its biggest increase since May 2009.

http://www.bbc.co.uk/news/business-14555264

Of course, throwing thousands of public sector workers out of a job and squeezing the ridiculously low welfare benefits of the poorest were always going to lead to more jobs, well maybe if you had swallowed some serious drugs during your economics lessons as a Bullingdon Clubber. After all a riot is acceptable if you can throw the cash back at the place you trashed.

The official figures also showed that between April and June:

  • The youth unemployment rate rose to 20.2%, up from 20% in the quarter to March
  • There were 949,000 16 to 24-year-olds without work, a rise of 15,000
  • The number of unemployed men increased by 18,000 to 1.45 million
  • The level of unemployed women rose by 21,000 to 1.05 million – the highest figure since May 1988
  • The number of employees working part-time because they could not find a full-time job increased by 83,000 to 1.26 million – the highest figure since comparable records began in 1992
  • The unemployment rate remained the highest in the north-east of England, at 10%
  • The south-east of England still had the lowest rate of unemployment, with a rate of 5.8%
  • The unemployment rate in Scotland was unchanged at 7.7%, in Wales it jumped to 8.4%, and in Northern Ireland it crept up to 7.3%
  • Average weekly earnings, including bonuses, were 2.6% higher than a year ago
Just to add to the last point, inflation is nearing 5%.

Meanwhile, in the Countries that decided not to starve their poor, the economy is rebounding very nicely, thank you very much.

The UK is hit by a tsunami of violence as copy-cat riots hit major towns across London, Liverpool & Birmingham

August 9, 2011 5 comments

Many will dismiss the rioters as “scum”, many others will give them a political credibility that they neither aspire to or desire. Others will say it is because they have “nothing better to do”.

One thing is for sure, these riots are no longer (if ever) about Mark Duggan.

For many on the streets it is a protest. Youth unemployment is hitting 1 million. The “cure” proposed by the government is not job creation but punishment for unemployment.

I got a lucky break 4 months ago. I found a new job. Yes temporary but still good. Before that job, I was depressed, on the verge of suicide and angry. Government cuts mean that there is very little carrot left to find a job and a lot of stick to find that non-existent job.

My next door neighbours, scientists, were raided by the police because they were Muslim. I see no other reason for the anti terrorist police storiming up the stairs like a scene of out oflife of Brian.

For those demanding racial profiling in the US – this is the inevitable consequence. It is not an excuse it is a response. If people are poor, trodden on and see no way out people will react back. Young black people, young Muslims are targeted for no other reason than they look black or Muslim.

As I said, a fair chunk of the rioters outside of Tottenham are just copy-cats. Their interest in Mark Duggan is minimal to say the least. However the rich had their riots over student loans, they never once spoke up for the very poorest who were having their very minimal benefits cut.

Do not be angry at the rioters, even the opportunist thieves. They may have “damaged the economy”, they do not and will not ever have the power to hold it to ransom or to crash it entirely.

Most looters are opportunists. Somebody else broke the glass first. The first are violent but the rest are just quite literally taking advantage, something we are all told to do.

Robbing a tv is far less worse than being able to decide who runs a government as a result of illegally hacked telephone messages. It is far less worse than a politician dancing to the tune of their big money interests instead of the public who voted for them. It is far less worse than being able to fiddle your expenses as a Member of Parliament or win a no bid contract for a war against a Country that did nothing to anyone.

Not one of these kids could have caused the damage to the economy of the World that Goldman Sachs did. GS gets the ear of Washington. The poor of the World only get the ear of the top when they do riot.

The rioters are wrong to do this but at the moment, those in power are making the rioters look like chewing gum thieves at school. Something needs to give.

The Republican Party is offically the political wing of a terrorist network.

August 4, 2011 1 comment

As stocks nose-dive after the US voluntarily decided to follow the path of Portugal, Ireland, Greece and Spain, the Leader of the Political wing of the Tea Party Terrorists admitted he was nothing more than a hostage taker.

“I think some of our members may have thought the default issue was a hostage you might take a chance at shooting,” he said. “Most of us didn’t think that. What we did learn is this — it’s a hostage that’s worth ransoming. And it focuses the Congress on something that must be done.”

McConnell also stated that he “could imagine doing this again.” In other words, expect the Republican Party to play the part of hostage taking terrorists every time the debt ceiling needs to be raised. And every time the future of America is at stake. This shows how little the Republican Party cares about America and the American people. So next time the right-wing proclaims their love for America, remember that they were willing and are always willing to shoot America in the head for political gain.

http://www.addictinginfo.org/2011/08/04/mitch-mcconnell… /

For the millions of people who will now (in many cases again) face unemployment FUCK YOU VERY MUCH. To the TeaBaggers who think cutting jobs creates more jobs – I hope yours is first and I really do hope the government does get out of YOUR medicaid first.

While real incomes for ordinary people fell 15%, 1473 of the $1m+ per year earners paid NO US income tax

August 4, 2011 3 comments

Ordinary families have much lower salaries and pay a much greater share of their income as tax for fewer government services.

Average income in 2009 was at its lowest level since 1997 when it was $54,265 in 2009 dollars, just $18 less than in 2009. The data come from annual Statistics of Income tables that were updated Wednesday.

The average tax rate was 11.4 percent, up from 10.5 percent in 2007, the Internal Revenue Service data showed
While the very richest paid nothing.

No income tax was paid by 1,470 of the 235,413 taxpayers earning $1 million or more in 2009, compared with the 959 taxpayers with million-dollar-plus incomes who paid no income taxes in 2007.

When the left sleeps the right wins

The Tea Party protested in support of cuts. There was no answer from the left in America. The largest protest group in the US, with the exception of Wisconsin is the Tea Party, campaigning for their own redundancy notices.

When the Tories attacked social security in the UK there was no protest, sure the middle class and rich protested against student fees (which actually benefit the poorest) but welfare, nowhere.

Austerity budgets lead to more austerity. The great plan for Europe was to ride the wave of a resurgent US and a growing China. Say goodbye to the idea of a resurgent US.

The only budget that would have actually started to cut into the US National Debt would have been that proposed by the Progressive Caucus. It still makes that passed by the right wing UK look “far left” (UK top rate taxes of 50% and a partial removal of the National Insurance (Social Security cap). It was however completely ignored in media debates. The left was represented by the “middle”, that of President Obama. The right was the Tea Party and the middle was somewhere in between the two. A position far more right wing than anything Bush could have proposed.

We can not and should not blame the President for this. The message from November was clear from those selling that message. Cuts are wanted. That is the message that was sent to the President. That is the message Washington heard. That is the message the IMF and the Credit Agencies are forcing down the throat of European Nations.

We scream only at our own side. There has been no effective answer to the right.

There are real alternatives to austerity. Germany reduced their working week. Everyone took a hit but few became unemployed. They are now booming. They have no need to cut their social programmes and they have absolutely no desire to cut their social programmes to bail out Nations who did not do what they did.

In our great Anglo-American Economy, the richest 1% have had their incomes grow massively while those at the bottom are being forced to pay. The top end market for house prices in London has never been higher. The bottom end has collapsed because ordinary people can not get mortgages. Who paid to bail out the banks to save the wealth of the top? Ordinary every day workers.

An Empire died 20 years ago because they gave a higher priority to military spending than spending on their own people. Another Empire is now coming to an end.