Maldistribution Of Wealth

13 Years Since “President” Al Gore Failed To Be Elected!

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It is hard to believe that it is now 13 years since Vice President Al Gore, who won the national popular vote by over half a million vote margin, failed to be elected, due to the intervention by the Supreme Court, the vast majority selected by Republican Presidents, who chose to intervene, defying the idea that the judicial branch of the federal government had no authority to decide who wins the Presidency.

Therefore, a precedent was set that could reverberate and lead to another election in which the wishes of the people of the United States could be ignored, and we could end up with a President who represented special interests, a reality becoming more evident with the growing power and influence of right wing elites, who are having great success in undermining the desire of the American people to prevent the destruction of the middle class, and the degradation yet further of the working poor, the disabled, the elderly, and children.

When one realizes that a Gore Presidency would likely NOT have started a war in Iraq; and would have promoted domestic reforms that would have avoided the greater maldistribution of wealth to the extreme it has become, due to the economic policies of George W. Bush, it is hard not to mourn what occurred 13 years ago, which has certainly harmed the long term future of the nation!

Total Poverty, Deprivation, Lack Of Safety Net For Substantial Numbers Of Americans The Reality: The “American Dream” Denied!

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Despite the denial and lack of concern of many conservatives and Republicans about the tremendous maldistribution of wealth which has developed in the thirty two years since Ronald Reagan came to the Presidency, new statistics indicate just how desperate many Americans are, and how that desperation is particularly obvious in the South and in the Southwest parts of the United States.

Nearly half of US households, containing about 132 million Americans are in a dire situation, where they do not have any emergency funds for as little as three months, if a natural disaster, medical emergency or sudden unemployment occurred.

Think of the mental anguish these people go through if any of the above emergencies suddenly arise, with a feeling of no hope, and the possibility of homelessness, total destruction of personal credit, and the likelihood of becoming sick from stress itself!

Thirty percent of Americans do not have a savings account, and eight percent do not have any bank account at all.

In ten states, the poverty and hopelessness of a substantial part of the population is most evident, including in order:

Nevada
Georgia
Mississippi
Florida
Arkansas
North Carolina
Tennessee
New Mexico
Arizona
Louisiana

Notice also that only three states of these ten listed are “Blue” or Democratic (Nevada, Florida, New Mexico), while the other seven are “Red” or Republican.

With so many people in these states and others having little or no health insurance coverage, and low wage jobs predominating, and high credit card debt levels, one wonders how these unfortunate citizens cope with waking up daily, with such gloom and doom on the horizon! The “American Dream” is being denied!

If Only: Jimmy Carter Had Been President For Second Term! How Would America Be Different?

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As we celebrate Barack Obama’s second term victory, and as we thank Bill Clinton for his super efforts for Obama, crucial to Obama’s victory, we can have a wistful moment and wonder:

How would America be different if Jimmy Carter had won a second term as President in 1980?

Ronald Reagan would never have been President, just be seen as a mediocre, second rate actor on Death Valley Days and the General Electric Theater on television, and a few good movies in Hollywood, and a mixed record as two term Governor of California. We would not have him being seen as an icon, a god like figure, totally misrepresented by those who adore him!

We would not have George H. W. Bush as Vice President for eight years, and then be the successor in office after Reagan left.

We would not have had George W. Bush as President, and we would not be speculating about Jeb Bush as possibly a candidate for the 2016 Presidential Election.

We would have had a much more responsive, sympathetic reaction to the rise of the AIDS epidemic in the early 1980s, and would have saved many lives in the process.

We would not have had a tripling of the national debt, as Carter was very tight fiscally, and added very little to the national debt.

We would have had a President who would have continued his great environmental work into a second term.

We would not have allowed the rich to get richer, and the poor to get poorer, and the maldistribution of wealth to accelerate, and then again occur again under George W. Bush.

We would not have seen the decline of labor unions, caused by Ronald Reagan being our President.

We would have had Vice President Walter Mondale having a much better opportunity to be our President in 1984, a continuation of the tradition and principles of Hubert Humphrey and Minnesota progressivism.

The Iran hostage seizure crisis would have been resolved sooner with Carter having defeated Reagan in November 1980.

The early 1980s would have seen further promotion of human rights, a policy backtracked by Ronald Reagan.

There would have been no friendship with Saddam Hussein in Iraq, and no backing of the South African Apartheid regime.

These are just 12 ways life would have been different if Jimmy Carter had been reelected in 1980. And Carter would not have been constantly attacked and ridiculed as a failed President if he had served a second term.

Oh well……

A New Type Of Republican: The “Drawbridge” Republicans (Wealthy And Wishing To Deny Others Becoming Wealthy)!

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Columnist Matt Miller came up with a new term yesterday in the Washington Post for Mitt Romney and Paul Ryan—two wealthy men who wish to “raise the drawbridge” so that others have no chance to become wealthy and be successful as they have been!

Their goal is to help the wealthy, and do everything to impoverish the middle class and the poor, by withdrawing the social safety net, and even raising taxes on those classes below the wealthy while creating the greatest maldistribution of wealth in the entire history of the United States, and NOT be embarrassed or upset about that reality!

As Miller says, both Romney and Ryan lack empathy, and do not seem to care how badly they appear. So Romney defiantly refuses to release more information about his taxes, despite the tradition of multiple years being released by all other Presidential candidates. And Ryan “forgets’ to include a great inheritance in his vetting materials required under government rules about Congressional income, and for Romney, when considering him for Vice President. He acts as if being worth $7 million through inheritances is something to be kept secret, while calling for cuts in Pell Grants and Food Stamps for our children, whether of college age or of younger age and needing nutrition!

These “Drawbridge” Republicans are the most selfish, greedy, heartless Presidential team in living memory, as John McCain showed concern for illegal immigrants, and George W. Bush promoted a prescription drug plan for the elderly, and made attempts at improving education.

Romney and Ryan offer no such programs or concerns, except for themselves and their class, an absolutely disgraceful situation!

Oh, and by the way, the news is out: Paul Ryan provided NO BUMP for Romney after ten days, and even Sarah Palin four years ago provided a temporary bump for John McCain! So there is a disaster in the making for the Republican Presidential ticket in November!

The Future Is What Matters, Not the Past: Message To Barack Obama!

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President Barack Obama has been having a rough patch lately, and many people in his own party, as well as the Republican opposition, have been critical of his criticisms of the Bush Presidency, saying it is time for Obama to stop blaming Bush and take responsibility for mobilizing the nation to a better future!

While one needs to talk about history, that will not be enough to win the Presidential election this fall!

Instead, what must be done is demonstrate to the American people what the future will be, contrasting his own vision and hopes, looking to make America a better, fairer place for all, and show how Mitt Romney will be unsympathetic to the problems of the vast majority of Americans, and is only going to take us back to the Gilded Age and 1920s, and creating the greatest maldistribution of wealth in a century.

If the majority of middle class people, suffering and declining rapidly, can be made to understand that Mitt Romney has no clue as to how to create jobs, and to understand that Wall Street and wealthy billionaires have no one except themselves that they care about, then Barack Obama will sweep to victory in November by a massive margin!

Obama must be on the offensive in painting the gloomy future of a Romney Presidency, and the gloves must come off and stay off, and be replaced by a punching, aggressive manner! Being a nice guy will not work, and Obama will have more respect if he fights like Franklin D. Roosevelt and Harry Truman did in the 1930s and 1940s!

We need a “Give Them Hell” Barack Obama and fast!

Back To The Era Of Calvin Coolidge On The 88th Anniversary Of His Ascendancy To The Presidency!

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On August 3, 1923, Calvin Coolidge became the 30th President of the United States upon the death of President Warren G. Harding.

While everyone who studies the era of the 1920s sees Coolidge as an improvement on Harding (regarded the worst President of the 20th century and one of the bottom two or three in all of American history), the fact is that the Coolidge Administration ushered in a full return to the mentality of the Gilded Age, leading to a revival of monopoly capitalism, exploitation of labor, a growing maldistribution of wealth,and the lowest level of taxation of the rich and the corporations in the entire 20th century!

And we all know what that led to: the Great Depression, which lasted ten years, and was only overcome by World War II and the highest level of taxation of the rich and corporations in the century, followed by very high levels of taxation under Republican President Dwight D. Eisenhower in the 1950s, and lower but substantial rates even under Republicans Richard Nixon and Ronald Reagan and Democrat Bill Clinton, among others.

And the country prospered even when Bill Clinton RAISED taxes in the early 1990s, and we had a balanced budget in the last years of the Clinton Presidency.

But then, we moved in the opposite direction under George W. Bush, the lowest taxation levels of the rich and corporations since 1928, the last full year of Calvin Coolidge in office and the year before the Great Depression occurred under Herbert Hoover.

Now we are faced with the strong likelihood of a revival of the Great Recession, but the Republicans have made low taxation a religion that is ultimately going to destroy the social fabric of this nation, and endangers all of us with the possibility of violence and bloodshed as conditions deteriorate to the worst since the 1930s!

This is a terrifying time, and one has to ask, what happened to patriotism, the idea that we sacrifice for each other, and that the rich and corporations pay their fair share of taxation to sustain the country’s economy! Apparently, greed and selfishness rule as they did in the Gilded Age and the 1920s, as if we have made no progress in the 80 plus years since the beginning of the Great Depression!

Shocking Maldistribution Of Wealth Due To Great Recession Of 2008: Pew Research Center Report

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A new Pew Research Center report demonstrates the alarming fact of the shocking maldistribution of wealth among the major racial groups in America, due to the Great Recession’s effect, and the findings should ring alarm bells among all Americans in regard to the likelihood of social turmoil and disarray that could, sadly, lead to violence, if nothing is done about the reality of the failure of the “American Dream”!

The study shows that white households are TWENTY times wealthier than African Americans, and EIGHTEEN times better off than Hispanic families.

These statistics are staggering and unprecedented, and show the stratification of American society is the worst it has ever been, and far surpasses any democratic nation in Western Europe or Japan.

The median white household in 2009 had a net worth of $113,000 as compared to an average of about $5,700 for black families and $6,300 for Hispanic households.

At the same time, poor families with zero or negative worth were found in one third of black and Hispanic families, but only 15 percent of white families.

The average median wealth of black families fell by 66 percent between 2006-2009, 53 percent for Hispanic households, and only 16 percent for white families.

The housing and unemployment crises and declining income during the Great Recession also harmed black and Hispanic families much more than white households.

The real danger is that even lower income whites have been identifying with the Republican Party, while minority voters continue to connect to the Democratic Party, so the racial conflict that seems to be developing is endangering the country, and seems similar to the old North-South split on slavery in the 19th century and the civil rights movement in the 20th century, but now based on race nationally, instead of in geographical regions.

It has to make one fear for the future civil peace of the nation, if this manifestation is allowed to continue unabated!

Tax Day Is Here, And The Wealthy And Corporations Are Evading Taxes With Pride!

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As Tax Day arrives, the average middle class person is paying his or her taxes, and yet has no certainty that the social safety net is going to survive, thanks to the Republican Party and its intention to continue to cut taxes on the wealthy and corporations, as they have been advocating since Ronald Reagan’s time!

The tax system maximum under FDR was about 73 percent; under Eisenhower 91 percent; under Richard Nixon still about 50 percent; and under Bill Clinton close to 40 percent. But under George W. Bush, it has gone down to 35 percent, and Congressman Paul Ryan wants it to be 25 percent!

The result has been to produce the greatest stratification of wealth, greatest maldistribution of wealth, greatest inequities between the rich, the middle class and the poor in American history, in the midst of three foreign wars, and an aging population and massive social needs!

Meanwhile, the top corporations pay extremely low or no taxes at all, including General Electric and the major oil companies and banks, and many have overseas subsidiaries and operations. In so doing, they evade taxes, hire fewer American workers, charge higher prices to consumers, and give lower dividends and earnings on their investments to retirees. This country is run by the corporations, and the opposition party has no problem with that, since they gain large campaign contributions from these companies, as in the midterm Congressional elections of 2010, spurred on by the Citizens United case of the Supreme Court!

If the wealthy and the corporations do not learn that such inequities in society can lead to discontent and uprisings, then some day they may face the kind of violent change we are seeing elsewhere in the world. Exploitation can only go so far and then, regrettably, lead to dangerous scenarios that no one should wish for!