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Editorial
See other Editorial Articles

Title: Robert Reich Lists All The Things That Piss Him Off About America Today
Source: [None]
URL Source: http://www.businessinsider.com/the- ... own-why-we-must-occupy-2011-11
Published: Nov 23, 2011
Author: rr
Post Date: 2011-11-23 11:02:52 by tom007
Keywords: None
Views: 142
Comments: 7

Robert Reich Lists All The Things That Piss Him Off About America Today Robert Reich | Nov. 22, 2011, 2:02 PM | 1,594 | 20 A A A inShare1 Robert Reich

URL Robert Reich is an economist, a professor, and former Clinton labor secretary

Recent Posts Stop the Austerity Train Wreck! The biggest question right... Mario Savio Memorial Lecture, November 15, 2011 ROBERT REICH: The First Amendment Has Been Hijacked By The Rich

The First Amendment Upside Down. Why We Must Occupy... Stop the Austerity Train Wreck! The biggest question right... Mario Savio Memorial Lecture, November 15, 2011 You’ve been seeing this across the country … Americans assaulted, clubbed, dragged, pepper-sprayed … Why? For exercising their right to free speech and assembly — protesting the increasing concentration of income, wealth, and political power at the top.

And what’s Washington’s response? Nothing. In fact, Congress’s so-called “supercommittee” just disbanded because Republicans refuse to raise a penny of taxes on the rich.

Meanwhile, the Supreme Court says money is speech and corporations are people. The Supreme Court’s Citizens United decision last year ended all limits on political spending. Millions of dollars are being funneled to politicians without a trace.

And a revolving door has developed between official Washington and Wall Street – with bank executives becoming public officials who make rules that benefit the banks before heading back to the Street to make money off the rules they created.

Other top officials, including an increasing proportion of former members of congress, are cashing in by joining lobbying power houses and pressuring their former colleagues to do whatever their clients want.

Millionaires and billionaires on Wall Street and in executive suites aren’t contributing all this money out of sheer love of country. Their political spending is analogous to their other investments. Mostly they want low tax rates and friendly regulations.

Why else do you suppose tax rates on the super rich are now lower than they’ve been in three decades, and why – even though the long-term budget deficit is horrendous – those rates aren’t rising? Why else do the 400 richest Americans (whose wealth is larger than the combined wealth of the bottom 150 million Americans) now pay an average tax rate of only 17 percent?

Why do you think Wall Street got bailed without a single string attached – not even being required to help homeowners to whom they sold mortgages, who are now so far under water they’re drowning? And why does the financial reform legislation have loopholes big enough for bankers to drive their Ferrari’s through?

And why else are oil companies, big agribusinesses, military contractors, and the pharmaceutical industry reaping billions of dollars of government subsidies and special tax breaks?

Experts say the 2012 presidential race is likely to be the priciest ever, costing an estimated $6 billion. “It is far worse than it has ever been,” says Republican Senator John McCain.

If there’s a single core message to the Occupier movement it’s that the increasing concentration of income and wealth at the top endangers our democracy. With money comes political power.

Yet when real people without money assemble to express their dissatisfaction with all this, they’re told the First Amendment doesn’t apply. Instead, they’re treated as public nuisances – clubbed, pepper-sprayed, thrown out of public parks and evicted from public spaces.

Across America, public officials are saying Occupiers have to go. Even in universities – where free speech is supposed to be sacrosanct – peaceful assembly is being met with clubs and pepper spray.

The First Amendment is being stood on its head. Money speaks, and an unlimited amount of it can now be spent bribing and cajoling politicians. Yet peaceful assembly is viewed as a public nuisance and removed by force.

This is especially worrisome now that so many Americans are in economic trouble. The jobs recession grinds on, seemingly without end. Homes are being foreclosed upon. Qualified students cannot afford college. Or they’re forced to take on huge debt loads they can’t repay in a jobless economy. Schools are firing teachers. Vital social services are being axed.

How are Americans to be heard about what should be done about any of this if they are not allowed to mobilize and organize? When the freedom of speech goes to the highest bidder, moneyed interests have a disproportionate say.

Now more than ever, the First Amendment needs to be put right side up. Nothing less than the future of our democracy is at stake.

Read more: robertreich.org/post/13163087845#ixzz1eXfmygKO

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#1. To: tom007 (#0)

we don't have a friggin' democracy, #1, it's rebublic, and if Reich were anything more than a partisan democrat, he'd have mentioned Ron Paul and the issues Paul enumerates as the basis of this country's problems.

christine  posted on  2011-11-23   11:27:00 ET  Reply   Trace   Private Reply  


#2. To: tom007 (#0)

Robert Reich would have been right at home in the FDR administration, it's probably his wet-dream.

“With the exception of Whites, the rule among the peoples of the world, whether residing in their homelands or settled in Western democracies, is ethnocentrism and moral particularism: they stick together and good means what is good for their ethnic group."
-Alex Kurtagic

X-15  posted on  2011-11-23   11:33:08 ET  Reply   Trace   Private Reply  


#3. To: tom007 (#0)

Robert Reich is a leftist, midget, Jew hairball, who, rather than be taken seriously, should be used as kindling wood come the next cold winters night.

Jethro Tull  posted on  2011-11-23   12:22:08 ET  Reply   Trace   Private Reply  


#4. To: tom007 (#0)

Reich is a buffoon. A dwarf buffoon, but a buffoon nonetheless.

Pagan worship primarily concerns propitiation. In other words, they are religions based on pure fear rather than repentance, contract, or submission -- Vox Day

Turtle  posted on  2011-11-23   12:34:17 ET  Reply   Trace   Private Reply  


#5. To: tom007 (#0)

Reich should be buried intellectually and physically with Krugman, the serial killing Keynesian.

Lysander_Spooner  posted on  2011-11-23   13:07:18 ET  Reply   Trace   Private Reply  


#6. To: tom007 (#0) (Edited)

Raise taxes on the wealthy, they raise prices. Raise minimum wage even $1 as a cost of living increase, they raise prices again and they don't raise the paychecks of workers who have labored long to rise above that entry level pay-scale, which rolls those workers back towards minimum wage too. They profit more from the price increases and their expenses are lowered by a workforce that is leveled closer overall to minimum wage scale than it was before. Independent truckers, for instance, start going out of business because they can't afford fuel and so on. So, what's the Dem tax plan for avoiding those pitfalls?

Edited for spelling.

-------

"They're on our left, they're on our right, they're in front of us, they're behind us...they can't get away this time." -- Col. Puller, USMC

GreyLmist  posted on  2011-11-23   17:21:02 ET  Reply   Trace   Private Reply  


#7. To: christine (#1)

we don't have a friggin' democracy, #1, it's rebublic

* for the hard of reading...

Truth is Treason in the Empire of Lies

"Don't Tread on Me", originally a war cry of Benjamin Franklin during America's fight for independence, has come to symbolize the American spirit. It first appeared on the Gadsen flag (named for and by General Christopher Gadsen) which featured the slogan below a coiled rattlesnake that was ready to attack. The snake (along with the slogan) came to symbolize America as an animal that would never strike first, but when provoked, would never give in. Today, it also symbolizes and celebrates personal independence and perseverance.

Refinersfire  posted on  2011-11-24   1:03:27 ET  Reply   Trace   Private Reply  


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