
Pullman strikers outside Arcade Building in Pullman, Chicago. The Illinois National Guard can be seen guarding the building during the Pullman Railroad Strike in 1894. (Public Domain, Wiki)
Labour Day, a day that “…celebrates the economic and social contributions of workers.” (Wiki). Labour Day in the United States became a national holiday in 1894.
“Following the deaths of a number of workers at the hands of the U.S. military and U.S. Marshals during the Pullman Strike, President Grover Cleveland reconciled with Reyes, leader of the labor movement. Fearing further conflict, the United States Congress unanimously voted to approve rush legislation that made Labor Day a national holiday; Cleveland signed it into law a mere six days after the end of the strike. The September date originally chosen by the CLU of New York and observed by many of the nation’s trade unions for the past several years was selected rather than the more widespread International Workers’ Day because Cleveland was concerned that observance of the latter would be associated with the nascent Communist, Syndicalist and Anarchist movements that, though distinct from one another, had rallied to commemorate the Haymarket Affair in International Workers’ Day.” (Wiki)
The establishment showed its appreciation for labour by destroying the movements of the left and the unions after World War II. In the 70s corporations began to show their appreciation for labour by laying off workers and moving operations overseas.
The number of unemployed workers in this country may well be as high as 23 million people. They’re your parents, spouse, siblings, friends or neighbors. I’d have to say that if you don’t know somebody who’s unemployed you don’t get out much.
Do you think politicians are capable of putting people back to work? TheBenBernanke wants to buy more securities to address the unemployment problem. My question to TheBenBernanke is how in the hell is buying, or selling, securities going to increase the aggregate demand for consumer goods? Until the 60s-70s we were a manufacturing powerhouse. Since then we have become a country of consumers. Seventy-five percent of our economy is consumer driven. We make weapon systems, big airplanes and cars. Want a washing machine? Maytag makes theirs in Mexico. What used to be good paying jobs in the heartland are now $2-3 a day jobs in Mexico. Maytag may be making a hell of a profit on its products but its former workers have run out of unemployment insurance and many have lost their homes and a minium wage job at MickeyD’s is better than nothing.
If companies want to hire more workers they need more people buying their products. When American companies no longer make anything, e.g., Nike, where are the jobs going to come from? Apple has never made anything. It provides the design and overseas companies manufacture the components and finished products.
Do you really want a change? Well, neither the President (regardless of who or what party), the House nor the Senate is going to give it to you. Those august bodies are looking out for the super wealthy and corporations whose big donors keep them in power. If you think the government is going to get us out of this depression you still believe in the tooth fairy. The government is in no way going to apply a Keynesian solution to the problem. As George Carlin said, “They don’t give a fuck about you.”
I’m not much of a theorist. I don’t have anything more than general ideas of what needs to be done and those ideas come with a lot of questions I can’t answer. I read a lot and try to flesh a lot of those ideas out with information from people a lot smarter than I am in this business.
I’m particularly interested in the worker owned company concept. This isn’t an overnight solution. It would take decades to get to the point where it would have an impact on national numbers but it can be done starting in communities, your community. I think it’s a concept worth spending time investigating and analyzing.
Late last year Rick Wolff had Gar Alperovitz on his weekly Economic Update radio show. Wolff asks Gar to discuss his book, America Beyond Capitalism. Listen to what he has to say and give it some thought.
Enjoy the holiday, take in a ball game, don’t burn the burgers and remember that the 8-hour day came via the left and the unions.



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“Happy” Labor Day SD and all. (yeah, that’s a smidgen of snark there)
Thanks, SD, and hoping Labor Day will bring you all a living wage. Celebrate by buying products made in the U.S.A.!
As pointed out, financial sector earnings create nothing, is having the opposite effect.
Thanks for a very thoughtfull post, SoDrag.
Labour Day all.
Nice essay, SD, thanks for the reminder about the value of labor.
Here’s another, if you haven’t seen it: Matt Taibbi’s article about Bain and Romney in the current Rolling Stone. It lays out in stark detail how Bain took over companies and essentially sucked the lifeblood out of them, put workers on the street, and enriched the executives. It’s quite long but well worth the time to read on this Labor Day before the presidential election.
Greed and Debt: The True Story of Mitt Romney and Bain Capital
Thanks for the essay SouthernDragon. The problem with applying for minimum wage, service jobs is that you’ll never get a call back so it’s kind of a waste of time. I applied for both retail and food service positions during my long stretch of being unemployed. I had never worked in either so everything else being equal, they are going to hire the young person who has never been in the work force rather than some crusty old veteran who knows her rights.
Bernanke is one of the best reasons I can think of to not vote for Obama.
It also details some of the (possibly criminal) lengths those Bain people and Rmoney went to in order to avoid taxes at all costs. Definitely recommended reading.
How were your test results?
Might I point out the cynicism of using “We Built That” to refer to their labor in financial realms – that the right prefers voters to think of as ‘building’.
Good morning. (everything is fine, thanks for asking)
Glad to hear it! :)
For your morning (rueful) chuckle:
I did build that!
Great news!
As a veteran of more than 3 decades of building things please let me say, thank you.
Assembling a large pile of cash in an off-shore account through market manipulation, theivery, gaming the system and avoiding taxes can not be allowed to be called ‘building things.’
I have not been on the computer since Friday so don’t know if Kris has shared his news with y’all. The special tax election Saturday returned a resounding victory for our Hutto School District. Double the number of votes cast for the as last year and carried by a 2/3 margine.
Needless to say, but y’all should hear it any way, we are extremely proud of our budding community activist.
Gives my mind, and muscles, quite a twinge, too, seeing the right try to glorify their money games. I’m glad you’re in good shape, still.
w00t!
Nice. I notice that the candidates have been laying low since the convention, you’d almost think they were ashamed of all the lies they threw out there.
Thank you, Ruth.
So glad to hear that, having your efforts result in good things is just the best.
Point of interest:
The wage for a Nicaraguan Cigar factory worker is $3 for a 15 hour shift.
Nicaraguans go to Costa Rica for $8 a day to pick fruit or other labor intensive labor.
Last I heard, a Cancun Mexico hotel worker earned $100 a week for a six day week. That may include tips, but I think that is without tips.
Last I heard, a Mexican Garment Worker (Sweatshop) makes $10 a day.
Figures could be off by now.
Wages in the Philippines – $10 a day for a nurse.
And Bob Schieffer is shocked, SHOCKED that anybody would call Republicans “liars”. Seems to be trying to out Gregory Gregory…
I’m having trouble finding any republicans in my VERY red county that are fired up about their party’s choice this time around. To call them apathetic would be selling short.
“I’m particularly interested in the worker owned company concept”. While I’m sure that would work, the question is; since everyone is unemployed, where do you get the money.
I believe the hell we’re going to be in when things get worse will produce positive results. The last time they used “the southern strategy” to divide us by enticing union members to vote Republican. That was the beginning of the end. Without unity, we’re nothing and nobody. This time they’re using the Obama strategy to divide us, and it’s working even better than the southern strategy. Before we can do anything we must first become united.
Enjoy the Bar B Q.
IIRC, Sheiffer is related to the Bush Family in some way.
Schieffer is the older brother of Tom Schieffer, a friend and former business partner of President George W. Bush, who was appointed U.S. Ambassador to Australia 2001-2005 by President Bush and also served as U.S. Ambassador to Japan from April 2005 through January 2009. On March 2, 2009 Tom Schieffer announced he was forming an exploratory committee that will allow him to seek the Democratic nomination for Governor of Texas.
WOO HOO!!!!
Kris should write another diary about it.
Are y’all smokin’ (food) today?
Spot on. My company is absolutely full of fundies and none of them are fired up about anything Republican except how the Ron Paul supporters got treated. The Liberals there aren’t fired up either but when compared to the conservatives, they’re just unbound.
They were all upstaged by Clint Eastwood. LOL.
These same countries have better health care, accessible to more of the population, than the U.S.
Mornin’, pups.
Here’s a piece from Statesman.com about the Hutto election. I got impatient and searched it out yesterday.
http://www.statesman.com/news/local/voters-approve-13-cent-tax-rate-increase-proposed-2449076.html?cxtype=rss_news
Kudos to Kris and HIppos United for their efforts. Just shows to go ya that if ya get out and work for it you can make a difference.
You should read Sin Patron before you dismiss the idea out of hand.
How rude to tell inconvenient truths.
Labor represents value, and that’s the currency employees are using to leverage into ownership.
They took on an anti-tax, state-wide super-pac and won. IN TEXAS! By a large margin. Solid, old fashioned, door-to-door, use-up-the-shoe-leather GOTV community organizing. Managed to get the local Chamber of Commerce solidly in their camp even. Just an amazing effort.
When Kris arrived at the polling place on Saturday there was a protester with a sign that read “Please Don’t Raise My Taxes.” Kris went over to talk to him and as soon as Kris walked up, the guy put his sign down. So Kris talked to him for 2 hours. Kinda sneeky but, hey. Ya do what you can do, yes?
And how rude for somebody to bring up the lying on Schieffer’s
newsnarrative show…Thanks for the info. Barbara Bush is from a newspaper family, as well, which gave G.H.W.B. an advantage in covering himself.
Yes, raising capital is problem and I would imagine there are some ideas out there on how to do that. Are you thinking of ways it could be done or just the obstacles?
Margaret’t suggestion is also a good one.
Here’s an implausibly weird bit from Wiki
Shortly after President Kennedy was shot in Dallas, while in the Star-Telegram office, Shieffer received a telephone call from a woman in search of a ride to Dallas. The woman was Marguerite Oswald, Lee Harvey Oswald’s mother, whom he accompanied to the Dallas police station. He then spent the next several hours there pretending to be a detective, enabling him to have access to an office with a phone. In the company of Oswald’s mother Marguerite and his wife, Marina, he was able to use the phone to call in dispatches from other Star-Telegram reporters in the building. This enabled the Star Telegram to create four “Extra” editions on the day of the assassination. Schieffer later joined WBAP-TV in Fort Worth before taking a job with CBS in 1969.
9 & 1/2 lb pork butt yesterday. Made pulled pork sammys. Served with coleslaw. The CBL made a beautiful strawberry cake. Very nice afternoon/ evening.
Those are the plans they have for us. This depression was designed and created the same as GM designs and creates corvettes. It was not something that occurred out of any natural sequence of events.
Texas is slowly moving back “left” or at least far enough left to embrace labor again. Even the most jaded conservative has to see how awful things have gotten in this country for labor, if they do any kind of real work at all. Since Texas has been conservative for most of a generation, (since Ann Richards was defeated by Rove), they can’t exactly blame “liberals” for that. I’m not saying we’re going to turn blue this cycle or even perhaps the next one but it gets closer every time.
Just took a look at my Facebook News feed, and saw two posts from a long-ago former neighbor. My daughter lived with them the last semester of H.S. after we had a job transfer. The first was a tea party petition to tell Congress “Don’t mess with our guns” with a photo of Palin with a gun. The second was a trope about Obama sending form letters to the families of fallen SEALs. And these are intelligent people (or so I thought).
I may have to stay away from Facebook entirely during election season. It’s going to be a mudfest.
From what I’ve seen and heard the last year or so I think you’re spot on. More than a few republicans I’ve talked with do not plan on supporting the romney/ryan ticket. (and cornholyo is not real popular either)
Have a good holiday, everyone. I am outta here…my bicycle is calling to me, and it’s gonna be quite warm later.
Now tell us something we don’t know.
Got any ideas for solutions? I’m really interested in solutions.
Have a good ride Molly.
You have to have been very rich to ride through this depression unscathed. The only guy I know who made money – had great wealth 50 million or more. Even he took some major hits on real estate – all cash deals so the hits weren’t as hard, but still. For example a property he paid 1.2 mil for onthe beach is worth 800K at most.
He had a lot of oil stock – paying dividends and I guess he did well with that angle.
Bought stuff cheap after the crash and flip stuff.
The (rich) ones living too high got hurt. Too heavy with RE investment with too much leverage (big mortgages).
I understand your theory.
I think the Monster is out of control. It doesn’t care who remains to buy its widgets.
I didn’t dismiss the idea, I simply brought up a problem in regard to the idea. Maybe you could enlighten me in regard to solving that problem.
Yep. Many of the same people who were enthusiastic about McCain/Palin are just despondent. Maybe they’ll go to the polls and maybe they won’t but I’ve seen exactly one, (1), bumper sticker for Rmoney. McCain never achieved the saturation level W stickers did but the reliable Republicans still had them. Not for Willard though. Not yet.
It would be nice to see a sense of decency return, but where I live I’m not seeing it. Big money took over the courthouse there about ten years ago, and it’s meant strong efforts against workers.
When law enforcement or military is employed against “workers, citizens, taxpayers protesting conditions and inequities at the behest of a ruling elite, corporations win. People lose. The corporate shell buys law to protect its business model, even though the business model eviscerates the republic and decimates liberty.
On the 4 th of July Americans celebrate, the “Declaration of Independence,” rejecting a servile relationship with a Mercantile King’s government, forgetting about the King’s corporate cohorts in colonial corproate crime, and Army who did the corporation’s bidding… The fight against that King and Army was called the American Revolution.
Today American’s celebrate Labor Day. The end to summer and back to school. Back to “work.” A sense of purpose renewed as we prepare for another uncertain winter.
But unfortunately, like the 4th of July, many Americans ignorant of, or (forgetting about “REJECTING” the King’s corporate cohorts in colonial corporate crime, and Army who did the corporation’s bidding,) have not clue about Labor Day’s origins and political purpose.
“The establishment showed its appreciation for labor by destroying the movements of the left and the unions after World War II.”
Jefferson and Madison wanted corporations regulated fearing the deleterious effects to the republic posed by monopolies in commerce. A threat to liberty as real as threats to liberty from government’s abuse of power.
Washington warned of relationships between political parties and interests… Lincoln lamented about “the power of enthroned corporations,” Cleveland called corporations, “…creatures in need of regulation,”
Ike warned of the “MCC,” Kennedy “Secrecy.”
Corporation’s hired the thugs to kill people to protect business models, profit over life and opportunity…
Happy Labor Day. Great “Job” SD….
I suggested that you read Sin Patron but others have offered possible solutions to the problem you bring up. I’ve never been able to raise capitol so I’m not the one you want to have this conversation with, unless the point is just to get into a pissing match with somebody. However, I’m not going to oblige you there either.
Well, the one percent are probably never going to move left. They make too much money pandering to the right.
Sad sight to see a good mind led astray. I have some family in that category, and did reply to one email by addressing the whole list with “God, you’re gullible.” That got me off that list.
Apparently the only person who is supposed to have solutions is me. See the comment @ 47.
I know a guy who is unquestionably brilliant and leans strongly left who votes for Cornyn solely on the basis that he was “a nice guy”, when both their daughters played on the same softball team. Similarly, my ex-roomate likes Cornyn because he was such a “nice guy” when he worked for AG Cornyn. It must be pointed out that there are plenty of monsters throughout history that were really “nice guys” but only if they perceived you as being on the same side they were. Hitler’s Kesselring was called “Smiling Albert” but there are a whole lot of dead people who would tell you that he wasn’t nice at all.
thanks for the reminder that what we’ve been given freedom from, by our revolution, is the servitude corporations are trying to bring back, by misleading us to vote for our own enslavement.
Can you tell I’ve grown tired of the complainers? The ones who continually point out all the things that are wrong with the economy, etc, but have yet to offer a solution to anything, not even a wild ass idea, which at times contain a kernel of genius. It’s up to somebody else to come up with the ideas.
Thank You… Too Life….
Yep, me too. I think we’d really have something if some people would spend as much time thinking of things that will work as they spend trying to shoot other peoples’ ideas down. And if there is ever an armed uprising which some of them seem to be demanding, (not saying lakota is one of those people), you can be certain they won’t be taking part in that either. I’m not a psychiatrist so I don’t know what they get out of it. All I can say for sure is what I get out of it: Exasperated.
Great essay SD. Thanks for the link to the Wollf/Gar interview. Definitely worthy of thought, and ultimately action.
This is the time when commenters come on with no evident purpose other than making this blog, and others, less positive for those who enjoy it and use it to share liberal thought. Do not need to tell you what I think of that.
I hope everybody has a pleasant Labor Day. No plans here, except to stay off the roads. Too many drunks!
If I was a conspiracy theorist, I might have a comment on that. As it is, I think my positions are fairly well known. I pretty much sat out the 2008 election for that reason. They don’t want to be encouraged, be persuaded or offer solutions. They seem to just want the rest of us to be miserable and hopeless too.
Thanks. I’m not pimping Alperovitz’s book but there’s a lot of good stuff in there. Lotta food for thought.
Good morning everyone.
Thank you for the post SouthernDragon.
oldnslow, I scrolled down after reading the good news about Kris’ efforts.
Would you congratulate him for me since I did not see his post this morning.
Woo Hoo, the good guys won as my oldest daughter would say.
I recall the number of Labor Day related fatalities from drunk driving being reported in the news years ago. They where staggering compared to today. AM TV news always reported KIAs, MIAs and then the Labor Day drunk driving deaths. I would just shake my head.
Your right… To many drunks on the road still, but nothing like it was but every bit a horrible
What I said implied a large conspiracy, while what I know required a lot of greedy, politically connected very wealthy people who didn’t care what happened as long as they made a lot of money.
What I know, only required one depraved individual who used political power he was not even given, he took it. There are two very critical keys to this depression. The first was the market manipulation of all of the commodities, including food and gasoline; items that no one can live without. People think the price of things are related to costs of production etc. If a gallon of gas goes into The New York Mercantile Exchange costing $1.00 a gallon and comes out costing $3.50 a gallon, who pocketed that $2.50 per gallon that had nothing to do with the price of oil or any other production costs.
If a bushel of corn goes into The Chicago Board of Trade costing $3.00 a bushel, and comes out costing $8.00 a bushel, who pockets that $5.00 difference.
Every single solitary one of us paid that difference in cost. Try and add all of that money nation wide over a period of years and see what you come up with. It has been so astronomical, that don’t nobody know nothing. Can you guess why “Don’t nobody know nothing”. Those price increases sucked money out of this economy like a giant Hoover Vacuum cleaner on overdrive. That affected every single solitary aspect of this economy, including real estate in the lower middle class. No segment of this society was more affected by this “chicanery” than the lower middle class, the class of this society that no longer exists according to the politicians and the media.
Next was the interest rate bubble, commonly referred to as “The Real Estate Bubble”. There would not have been a “bubble” of any kind if two things had not occurred. One was all of those “funny loans”, another was the rate increase. Without the “funny loans” the rate increase would not have mattered because the loans would have been financed for 30 years with a set rate. “Funny loans” plus rate increase equal guaranteed foreclosure. Who decided to increase the interest rate at the very worst time, “Ben Bernanke”. Since I’m not even sure if Ben Bernanke decides what tie to wear, it was who ever’s got the hand in that sock puppet. Whoever it was, he’s a depraved pervert.
Now you know where I’m coming from when I say this depression was designed. All of the losses you stated were more than offset by the profits they made in the commodity markets.
Nice Job….
The unfettered power of consolidated power, protecting power and profit of aristocrats, “the corporation” was Jefferson’s greatest fear for the republic. Money would become the means to protect business models from competition and destroy the republic, in the lust for profit, left unregulated.
Like a King and his corporate cohorts in colonial corporate crime????
So what are your ideas on correcting the speculation going on in the futures markets and putting banking practices back on an even keel? What do you think of nationalizing the banks?
What you describe came with the conversion of a manufacturing economy to a financial services economy starting in the 1970s. When GM discovered they were making more money from their financial arm GMAC, General Motors Acceptance Corporation, they focused their attention on that part of the business and let the auto company go bankrupt because of shitty products.
It’s true that the forces working to cheat workers are there, and have been there since I first became knowledgeable about the talking points I have been hearing. If you read Matt Taibbi, you’ll know that he lays the blame for this debacle squarely at the door of Greenspan and his position that he used to pushed the failed trickle down ideology, and all its devices. Worth a read.
Good morning.
Perhaps oldnslow lives in a relatively well off school district, but here, raising any taxes will be hit hard, and with good reason.When you examine the basis for raising any tax here, the corruption, the robbing peter to pay paul, tax increase in any agency has major problems.
I also don’t understand the cheering here over this win. Tax increase? Whohoo!?
This is sounding really disingenuous.
Did you read the link that I posted to the vote?
Without an increase in property taxes the school district faced drastic cuts. The millage went from $1.53 per $1000 assessed value to $1.67. A homeowner with a home assessed at $200K would see a tax increase of $26. Is that too much of a burden to preserve an apparently well functioning public school system?
You should read about it before passing judgment. Yes. “Woohoo” for a tax increase in this case because this is one of those towns/districts that have resisted raising taxes to fill the gaps left in the budget by the DC and Austin deficit hawks. So “Yay” indeed for a tax increase that will finance children getting a quality education. One thing to keep in mind too: I don’t have any offspring. Zero, zilch, zip, none, nada so I don’t have a dog in this fight. Except for that liberal bitch in my head that insists quality education be ubiquitous and free.
People need to check snopes.com as to quotations attributed to Jefferson that were anti-corporation and/or anti-bank.
SouthernDragon, I’m not talking about commodity “speculation”. That’s when you take a position in a commodities market based on sound calculations and hope things go your way. I’m talking about “commodity market manipulation”. That’s when a cabal with a massive amount of money gives it to someone who will return them even more money. While I know and understand the commodities markets, I didn’t know where that massive amount of money came from to manipulate the markets. Someone posted in reply to a comment that I made which detailed where all that money came from, and now I can’t find his post.
What happened to the commodity markets required massive amounts of money, political corruption, and a total disregard for us. Do you remember FEMA, and the “Katrina Horror Show” with those people at the Dome. Replace FEMA, with CFTC and you get the picture; with the same people running things. They flat out “high jacked” the CFTC.
After we elected Barack Obama, Senator Leahy set up a truth commission that was intended to look into all that “chicanery”. Barack Obama shut it down, and this “commodity market manipulation” has continued unabated with the same people who were operating things during the Bush Administration. Now people have come to accept this crap as normal.
Although I’m fighting a one man rear guard to expose this “chicanery”, I’m losing.
I wouldn’t say you’re fighting a one man rear guard here. This is all pretty common knowledge to people who have been around the Lake for any length of time.
Look, when you get into the futures, or commodities, markets and are not an end user of those commodities, that’s speculation. The fact that a bunch of wealthy people get together to make a killing speculating on commodities differs from the individual speculator in scale only. Speculation and manipulation are part of the same game.
It’s not so much that people “accept this crap as normal” as it is they’re powerless to do anything about it.
We understand how the financial sector has worked for the last 30 years and its shenanigans. What we’re looking for are solutions to those issues.
I hear a couple books calling my name.
Colour me gone.
Be good to yourselves, and all other living things.
Namaste
Never. Give. UP.
I’m not sure that these are solutions, but things that I would like to see happen. Most of this would have to start at a local level, but if we could get an AG to look into the mortgages even though they are old now, perhaps we could get some local prosecutions. If we could somehow get banking regulators that would actually do their job, we could break up the big banks so that they were no longer crypto-hedge-funds able to steal depositors’s money. If a third party candidate could be forced into the presidential debates, a new awareness might start to take hold. Jill Stein is on the ballot in most states, so she should be in the debates. If enough people would vote progressive third party, perhaps the big uniparry could be carried back toward the center (it will never move to left of center). If the wars could be stopped, the money could go into the economy.
I know I am dreaming, but I often I don’t comment on threads because I have nothing positive to say, and others have well said much of what I think.
If you both (SD and yourself) would note, I did qualify it by stating that perhaps in a more well to do district, it would not be much of a burden. But here, I have to deal with a 16% increase in rent and that’s without any increase in property taxes.
Every taxing authority, upon positioning themselves in this tax increase game, shows that their cost benefit ratio to be advantageous. Add it all together and the burden becomes onerous.
And why do the children suffer lack of good education? It’s certainly more than throwing money after it.
Now consider Portland. The platform for which the mayors race is based as one common element: The City of Portland wants to generate a tax increase for education, even though that properly belongs to the school districts, of which Portland Public Schools is only one. There is also now a tax proposal that wants to tax $35/head (above the poverty level)Art tax. Now where does all this money go? Into the general Fund.
I hope the Portland model of taxing doesn’t infect your city.
Commodity market manipulation has been “illegal”. It was kept in check by “contract limits”. Commercials had one set of “limits” and everybody else, another set of limits. Without limits, anyone could bid up the price of any commodity market to whatever price they wanted it to be, and then just let it free fall, and make money both ways by selling short on the free fall, if they had enough money. The only thing that protects us is the government agencies that were set up to perform that function.
What did FEMA do for those people at that Dome in New Orleans. Now we’re in the Dome, and there is no FEMA or any other government agency coming to rescue us. Were the people in the Dome supposed to find a solution to their problem. Those people spent their lives, and so did you; paying for a solution to their problem, it’s called The United States Government. Who paid for that Aircraft Carrier that was sitting off shore from New Orleans that went unused. Who paid for Scott Air Force Base and the C-5As that could have had the best disaster response team in the entire world, in New Orleans in 2 hours, you did, we did, they did; everyone who pays taxes paid for services they were denied.
We pay for our government to protect us from “chicanery” not to take part in it.
In this case it was also more personal cheering. KrisAinTX worked very hard to get out the vote for this millage for the schools his kids attend. So your more abstract opinions about school taxes (which I’m not dismissing, by the way) aren’t going to dissuade our cheering for a fellow Firepup who worked very hard on this millage vote.
EDIT to add: my daughter is a teacher, and also worked hard to get a millage passed in her community that would head off drastic cuts (this is in a suburb of Indianapolis, IN). So I take it rather personally too.
A measured response is what I indicated would make better sense. Cheering taxes measure success because of personal connections is what I consider disingenuous.
Please try to understand that this is a national/international blog. Or maybe being PC only applies to certain situations.
SD, I forgot to add that your essay was a good start to Labor Day.
We’re apparently on different paths. Your focus is apparently on the flaws in a flawed economic system, something we’ve discussed for years here, complete with the instances you describe. We have a seriously flawed economic system that has allowed the financial industry to buy the government to write and rewrite the rules. Illegal means one thing in the finance industry and something else to the average citizen.
I think I can safely say that the people here are well aware of the flaws in the system and the actions of the finance industry. My focus is finding solutions to these problems. We’ve regurgitated the flaws here ad infinitum.
You asked why we are cheering for a tax increase and I explained why I am. If you didn’t want an answer, then I don’t understand the reason for posting the question. If it is just that you don’t approve of or agree with my answer, then we’ll just have to differ. Pretty much all of us have different perspectives that come with different local circumstances. When I commented @73, I was answering your question @71, not dismissing your concerns.
SD, my rant was off on a tangent, but that’s what frustrated people do. I hope you enjoy the rest of your holiday.
The difference is that finding solutions requires calm and rational thought while reciting the problems only requires outrage. We absolutely need the outrage but the other absolute need is for calm, rational thought.
Almost burned myself out with outrage not all that many years ago. If I hadn’t been so wrapped up in the anti-war movement it would have prolly happened sooner. Had to teach myself economics, classical, neoclassical and Marxian, to look for solutions. At one time I would have never gotten into an economic discussion. Now it’s too important not to.
Contract limits are only a heuristic to dampen speculative mania.
The derivative market in which the short sale contract is made would source his profit. Cornering the commodity would allow him to set his price, but there are limits to that monopoly. My point is that contract limits are not the hindrance to this manipulation.
Commodity markets inherently can improve the potential for manipulation and must be regulated. Other commodity price manipulations such as warehousing are ancient and being practiced but commodity markets are now run to profit “investors” at the expense of consumers.
The large class of compradors supports this manipulation and it is probably de facto US economic policy.
http://books.google.com/books?id=icGh3NxREIIC&dq=jefferson%20cyclopedia&pg=PP1#v=onepage&q&f=false.
Snopes.com not relevant.
SD, the 11th Amendment as proposed by Jefferson and Madison in the original “Bill of Rights?” It is the solution and the reasons for its adoption is to preclude monopolies in commerce which have taken this republic down. The very monopolies the American people bailed out, who with subsidy or corporate welfare continue to pork the republic, and blame people, via politicians?
Citizens United is all about protecting money, to perpetuate lies and misrepresentations of relevant fact. Merit stands on it own like a sober fucking drunk standing on a pile of dead alcoholics. The original 11th amendment is “chuck full of merit,” unlike the bullshit offered today in a one pound coffee container, containing at three times the price, 10.3 ounces of coffee and the rest, dead air. We should shove that “Amendment” down the politician’s throats til they turn blue, and make corporations subordinate to people. Not people enslaved to corporations and by default, corporate aristocrats owning both corporation and controlling government. Fascism?
Ludwig to the rescue. I don’t even know what a “derivative” is, but I know anytime we’re getting screwed, that word pops up. I don’t believe anybody knows what the hell derivatives are. The definition comes out “we’ll substitute this for that, and call it good” While we know what this is, that is something nobody is quite sure of, and we call it a “derivative” and throw it in the hopper.
When the people supporting this manipulation are the same people who are supposed to be regulating it, we’re lost. That happened when the Bush Administration appointed people who assisted the manipulators to head the CFTC, which is the agency that’s supposed to stop “commodity market manipulation”. It has been stopped in the past, and those who were found guilty paid a very heavy fine. All of this commodity market manipulation has continued right on through the Obama Administration.
We are being screwed with our own money, not theirs. More people have to be made aware of this.
I didn’t come to here to be abrasive but this is all about solving problems, and problems must be identified before they can be solved.
The source of our “most severe” problems, is the immediate past, and present governments. These problems appeared in the last six years, they don’t have an ancient history. How can we solve problems if we can’t agree on what they are. If I had known all posts were supposed to contribute to a “feel good” day, I would never have posted. Legitimate arguments in these hard and very serious times, don’t contribute to “feel good” days
Again, contract limits do not solve the problem. Commodity market exploitation is only one “failure” of a decomposing capitalist system which was never just anyway.
These regulatory systems were always arranged to protect business interests. In this collapse the primary objective becomes protecting business interests. Alternative responses to that collapse are excluded because they are incompatible with the ethos and habits of capitalism.
That history is much deeper than six years and vaster than commodity market exploitation.
But knock yourself out, comrade.