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70th Anniversary Today Of Greatest 20th Century President’s Passing: Franklin D. Roosevelt!

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On this day, April 12, 1945, 70 years ago, the greatest 20th century President, Franklin D. Roosevelt, died in Warm Springs, Georgia, after 12 years and 39 days in office. Many Americans could not recall any other President, as FDR had played a dominant role in the lives of Americans and in world affairs, through the two greatest crises since the Civil War under Abraham Lincoln—the Great Depression and the Second World War!

FDR had initiated a massive set of domestic reforms, known as the New Deal, which had changed the lives of millions of Americans in a positive way, and give the nation hope and confidence in the future, at a time when we had a higher unemployment rate, 25 percent, than we would ever have again. FDR transformed the role of the federal government, and brought about such permanent reform programs as Social Security; Unemployment Compensation; Minimum Wage; Labor Union recognition; the accomplishment of massive public works projects; federal insurance on bank deposits; agricultural subsidies; regulation of banks, the stock market and corporations; public housing; aid to the disabled and dependent children; conservation of natural resources; and so many other programs and ideas.

Then, FDR faced the dangers of Nazism in Germany, Fascism in Italy, and the aggression of Imperial Japan, when it looked as if democracy would be snuffed out worldwide, including in the United States. The greatest military effort since the Civil War created many problems in the postwar world, as the Soviet Union rose out of the war to become the new challenger to freedom in what became known as the Cold War, something FDR was trying to figure out how to deal with, when he died suddenly of congestive heart failure in the early months of an unprecedented fourth term, prevented from happening again by the 22nd Amendment to the Constitution.

One has to wonder how the nation would have fared had FDR been forced to leave office in January 1941 by term limits, as there was no obvious good alternative leader to FDR at that time. The challenge of overcoming isolationist sentiment, and then the Axis Powers aged FDR and caused his premature death at a delicate time when the war in Europe was one month from ending, and the war against Japan seemed likely to go on for several years. Fortunately, Harry Truman took up the mantle and handled the crisis of ending the war and the postwar world, as well as could be expected, as one looks back 70 years.

FDR had his shortcomings as all Presidents do, but the United States was blessed with a great, dynamic leader that we remember today on the 70th anniversary of his passing!

In 2015, What Does It Mean To Be Middle Class?

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Just about everyone likes to say they are part of the vast “middle class” in America, whether they are really poor, working class, struggling middle class, upper middle class, or wealthy, as it is the “in” thing to be!

The vast middle class concept developed in the years after World War II, when millions of Americans moved to the suburbs, more Americans went to college, and the idea of “conspicuous consumption” became part of the “American dream.”

That dream has vanished for tens of millions, including many who live in the suburbs, many of which are deteriorating, and with property values often down, and many in bankruptcy or near bankruptcy.

Many college graduates now are working in minimum wage or near such income jobs, far removed from their earlier expectations, and tens of millions live paycheck to paycheck and have no savings for retirement; do not have adequate or any health care; cannot afford to take vacations that educate and enlighten them and their children; have very few benefits of any kind at work since labor unions, which created the middle class to a great extent, have declined rapidly since the time of Ronald Reagan; and have no expectation that life will get better anytime soon.

This rapidly declining middle class includes millions of minority population, both African American and Latino; but also untold many millions more who are white and thought that by their race alone, they had an advantage, but no longer the case.

Banks and corporations have caused a great deal of this growing poverty in the former middle class, both from their abuse of their work force, but also from encouraging materialism and greed on the part of people who cannot pay for what they desire, but get suckered into signing on the dotted line of their credit cards and mortgages, automobiles and boats, second homes, and more personal acquisitions than they ever need, but are seen as essential to leave the image to others that they are “well to do,” when that is precisely what they are not.

Capitalism is looked at as the promoter of wealth, when for most Americans, it has made them slaves for the truly wealthy, the billionaires, and the super multimillionaires!

The Total Hypocrisy Of Republicans’ Concerns About Future Generations!

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Republicans love to claim that they are concerned about future generations!

But they are unconcerned about the large number of poor children who do not have adequate education and health care, and their refusal to do anything to provide such services, because it might require the rich to pay more taxes!

They are unconcerned about the dangers of gun violence, as at Sandy Hook Elementary School, as an example and even the many incidents of children killed by accident by reckless parents or siblings, or simple lack of protection of weapons from children’s hands!

They are unconcerned about the dangers of climate change, with rising sea levels, erosion, and dangerous storms, which will destroy housing, lives, and security of millions of future Americans, most of them poor or middle class!

They are unconcerned how corporations and banks victimize poor and middle class people on a regular basis, without any conscience, including exploitation of their labor forces!

They are unconcerned about the quality of life of minorities, the poor, and those who are gay or lesbian, and are denied equal opportunity and fair treatment, which victimizes them all of their lives.

They are unconcerned about the sending of our young people off to wars to protect oil and other strategic interests, and fail to be concerned about proper treatment of these courageous veterans when they return home from war.

The Republican Party has no ethics or morality, only selfishness and greed about their own power, and protection of corporations, banks, and the wealthy one or two percent! Their hypocrisy is massive!

A society which focuses on the top two percent is a very sick society, and requires action on a large scale to change the attitudes and concern for the mass of Americans, who have to look to a long term future, and government should represent their interests, not the elite who already have too many advantages and too many assets!

Five Years Since Financial Collapse, And What Has Been Learned? NOTHING!

Ronald 30 Comments

Five years ago this week, the financial markets on Wall Street collapsed, and America fell into the Great Recession, which many might consider the Second Great Depression, now five years long, despite claims the Great Recession is over.

Lack of proper regulation of Wall Street and the banking industry, a result of GOP control of Congress for 12 years, and a Republican President, George W. Bush for 8 years, along with some manipulation by leading Democrats, led to the worst economic outlook since 1941, and even now, five years later, with the improved economic conditions, employment will not return to pre 2008 levels until 2020 at the rate of job creation now existing!

A lot of this reality is due to refusal of the Republican Party to cooperate on legislation to create and encourage jobs, including infrastructure jobs and promotion of education training, and working to return overseas jobs to America.

But also, the Obama Presidency has not worked adequately to reform the banking structure and Wall Street, and the possibility of Larry Summers being Federal Reserve Board Chairman is precisely the WRONG thing to do, as he is part of the problem that led to 2008, and is an arrogant, overbearing, obnoxious individual who should be told to “take a hike”, with Janet Yellen the far better candidate to be the head of the Fed!

So if it going to take a grand total of TWELVE years from beginning to end for this Great Recession to be over, how is that different from the Great Depression which lasted from 1929 to 1941?

Meanwhile, a whole generation of people are suffering in terms of employment, something that will scar their future, and that of the American economy!

This is a very sad, troubling situation that must not be allowed to happen again, but it seems as if NOTHING has been learned!

The Imminent Doubling Of College Student Loan Interest Rates: Tragedy For America!

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If nothing is done to prevent it, on July 1, student loan interest rates will double from 3.4 percent to 6.8 percent, and the Republicans in the House of Representatives are doing nothing to prevent this tragedy, not only for college students, but for the long term future of the American economy!

As it is, many college students are in a bind, unable to pay their student loans, and therefore, will lose their credit rating, and be unable to purchase homes, rent apartments, buy automobiles, plan to have children, and all of the other plans and dreams of young people, who get an education and then discover how difficult it is to gain employment in their field of study!

37 million young people have student loans, and close to 7 million are delinquent on student loans more than 90 days.

The average outstanding student debt per household was nearly $27,000 in 2010, and one in four students have a debt more than $61,000 per household, an insurmountable burden.

69 percent of student loans are paid by middle class and poor families, and 24 cents of every dollar earned in a poor household and 12 cents of every dollar earned in a middle class household goes to student debt payments. For the higher income level, only 2 cents per dollar earned goes to student debts, and only 31 percent of loans are in higher income households.

$1.1 trillion, second only to mortgage debt, is owned by students who have no hope in many cases of ever coming out from under what is a form of economic slavery!

With the Great Recession of 2008 and its aftermath, the effect has been to delay or forgo the vision of ever having a normal economic life of home, automobile, and marriage, the whole concept of the “American Dream”!

While this crisis festers, banks are able to borrow from the Federal Reserve at 0.75 percent, one eighth of what students will face after July 1, adding $2500 to their financial burden, while under a plan of Senator Elizabeth Warren of Massachusetts, students would get the same interest rate as banks, and save an average of $6500 per student.

This change in student loan interest needs to be adopted, but the GOP seems uninterested in doing anything, and lack of action will victimize millions of college students!

67 percent of Americans want the Warren plan adopted, and 83 percent want the loan rate to stay at 3.4 percent or go down to the bank rate of 0.75 percent!

Can the Republican Party for once do what is right for young people, since not all young people are born to wealthy parents? Can they show some understanding of the struggles of young people trying to get ahead and get an education, and still have a future of independence, ownership of homes and autos, ability to have children, and save for retirement?

Should student loans become a new form of economic slavery forced on us by banks which have no conscience, other than obscene profits?

The True Heroes Of Natural And Man Made Disasters: Teachers, Nurses, Paramedics, Police Officers, Firefighters!

Ronald 24 Comments

Again, with the Oklahoma and Boston Marathon tragedies, as so many others, it is PUBLIC servants–teachers, nurses, paramedics, police officers, firefighters–who are the true heroes, doing beyond the call of duty to rescue and save lives!

But yet, these public servants are constantly pilloried and condemned, if they demand a living wage and decent benefits, as appreciation for their services, while people in the world of business make outrageous salaries and perks on Wall Street, and think that they deserve what they get, despite having messed up the economy, causing the Great Recession of 2008, as they have in every recession since the Great Depression!

We are told to worship Jamie Dimon of JP Morgan Chase, and other bank CEO’s who, by all justification, should be in prison for their actions!

We allow the Koch Brothers and the Walmart heirs to run rampant without any consideration of how they exploit their work force, and these are just examples, not the only ones.

We have Apple and Walmart and Target and numerous other companies which exploit foreign workers, and do not give a damn about safety or a decent living wage for these poor women and men who died in the disaster recently in Bangladesh!

It is time to hold these corporate leaders and companies accountable, and stop complaining about public servants who deserve respect and dignity and better pay for their sacrifices and dedication to the people they serve!

The Blue Collar White Vote Up For Grabs!

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The blue collar white vote is up for grabs in states such as Pennsylvania, Michigan, Wisconsin, Ohio, Missouri, North Carolina, Virginia, and Florida, among other states.

The argument is that blue collar whites are turned off to Barack Obama, with part of the reason being racial, the feeling that nonwhites have been, somehow, gaining unfair advantage in job opportunities, and too many favors and benefits from the government.

That may be the perception that some blue collar whites have, and if so, that makes them resistant to voting for Obama. Of course, Vice President Joe Biden helps greatly to overcome this perception, because of his own roots, and the fact that he is the rarity in politics, not even a millionaire, as most politicians are!

But even if there is a racial component that enters the scene, there is another perception that might make many blue collar whites think twice before voting for Mitt Romney.

Mitt Romney represents to many blue collar whites the image of the uncaring “boss”, ready and willing to fire them and undermine their security and safety, whether young, middle age, or elderly. Romney represents the plutocracy, only interested in making money, and having no concern for human beings and the effect on their lives of what the wealthy corporations and banks have done to millions of Americans!

So to say that blue collar whites will vote overwhelmingly for Romney over Obama is likely to turn out to be totally untrue!

Reverse Robin Hood: Republican Class Warfare On The Middle Class And The Poor

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The Republican Party loves to accuse the Democrats and President Barack Obama of conducting “class warfare”.

In reality, what the GOP has been doing is conducting reverse “class warfare” on the middle class and the poor!

It is as if they are a reverse Robin Hood, and have no conscience about defending Wall Street, the banks, and the corporations, the one percent, against the 99 percent!

The only principle they have is to promote greater acquisition of wealth, and redistribute wealth to those who already have much more than anyone needs, and show no concern about those less fortunate, those unemployed due to their policies over a decade, those victimized by the stratification of society encouraged by these Republicans, as they believe in no regulations economically, but certainly wish to intrude on and control a person’s private rights and social existence!

Eric Cantor At It Again: Calls Wall Street Protestors “Mobs”!

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Eric Cantor, the Republican House Majority Leader, is condemning the “Occupy Wall Street” movement in New York and dozens of other cities in America, as “mobs”!

The fact that the movement is one to challenge banks, corporation, and Wall Street, which have victimized the middle class, is overlooked by Cantor, who had no problem with the hate mongering and anarchism of the Tea Party Movement in the past two and a half years!

The horrible behavior of the Tea Party gatherings were not seen as a “mob” by Cantor or other Republicans, but once the “99 percent” marched against the unfairness of one percent controlling a growing percentage of the entire wealth of the nation, all he can do is criticize it, and promote it as dangerous and unjustifiable!

Eric Cantor should be ashamed of himself, but he has no shame and no humility, and how anyone can support his behavior and rhetoric is impossible to justify!

It is clear that if nothing is done to deal with the income disparity, the greatest since 1929, we may face violence and bloodshed in America, and that would be truly tragic!

The Privatization Of America Will Lead To Plutocracy, Instead Of Democracy!

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A very disturbing trend emerging in America is the growing privatization of government functions on the local and state levels in many municipalities and states.

An example is Chicago, which sold control of its parking meters and parking lots to private interests, and the result has been rising costs for travelers, consumers, and businessmen, making the cost of living much higher for the average resident or visitor to Chicago–all this for a quick fix on budgeting, but affecting parking for the next 75 years!

This is a horrible development, and it must be prevented, simply by people taking responsibility for higher taxes and lower services, but not just lower services!

If we continue to allow our infrastructure, as a state road in Indiana as an example, to be sold to private banks and corporations, it means that eventually all or most public services will be under the control of private business, which basically will be able to “blackmail” all of us, and destroy our democracy!

Many think already our country has become a plutocracy–rule of, by, and for the few–and this MUST stop, or else we risk a massive public uprising and riots on the level of what is going on in the Middle East!

Progressives want a return to democracy and the goals of progressivism, originally enunciated a century ago by Robert La Follette, Sr. and many others–political democracy, social justice, and economic regulation and intervention in the public interest!

What is going on today is the antithesis of everything this country is supposed to represent, and the movement to privatize everything must be halted dead in its tracks, as it is private corporations and banks and financial interests on Wall Street who have put us in the mess we are in, and now wish to finish the job of strangling American democracy!