Monday, September 17, 2012

As Income Plummets, So Does Democracy


Income Inequality at Highest Rate Since 1967 

- from I Acknowledge Class Warfare Exists.  http://www.classwarfareexists.com/income-inequality-at-highest-rate-since-1967/#axzz26MoHwhfc


“'The gains from economic growth in 2011 were quite unevenly shared as household income fell in the middle and rose at the top,'" ~Robert Greenstein, president of the Center on Budget and Policy Priorities

"If you haven’t read our article on income inequality 'If Americans want to live the American dream, they should go to Denmark' – you should.  It is time for a change in tax policy as President Obama has called for.  He has proposed a minimum 30% tax rate on people making $1 million or more … an alternative minimum tax for the rich so people like Romney can’t avoid their taxes.  Republicans say that plan is dead on arrival.  I think Americans should rally around his plan.

"In April of this year – every single Republican in the Senate except for one voted against the Buffett Rule as proposed by President Obama (source).  They will only continue protecting their billionaire donors when poor Republicans start to see the game as it is in reality.  Unfortunately – those poor conservatives think they’re just one turn away from joining the millionaire class ala Joe the Plumber.  It is enough to want to hit yourself in the head.


"Bloomberg writes HERE:

"The U.S. Census Bureau released figures today that showed median household income fell, underscoring a sputtering economic recovery and struggling middle-class that are at the center of the presidential campaign.

"The proportion of people living in poverty was 15 percent in 2011, little changed from 15.1 percent in 2010, while median household income dropped 1.5 percent. The 46.2 million people living in poverty remained at the highest level in the 53 years since the Census Bureau has been collecting that statistic."

Read more: http://www.classwarfareexists.com/income-inequality-at-highest-rate-since-1967/#ixzz26jv9nIF2

(Follow: classwarfareexists on Facebook)

Not so coincidentally, the following from The Raw Story:  http://www.rawstory.com/rs/2012/09/14/romney-u-s-middle-income-is-200k-to-250k-per-year/



Romney: U.S. 'middle income' is $200K to $250K per year


"In an interview on Friday morning with George Stephanopoulos for 'Good Morning America,' presidential candidate former Gov. Mitt Romney (R-MA) said that he believes that in the U.S., middle income is $200,000 to $250,000 per year.
During the interview Friday that Stephanopoulos asked Romney if he believes that “middle income” in the U.S. is around $100,000 per year.
“No,” Romney replied, “middle income is $200,000 to $250,000 and less.”
"The U.S. Census Bureau reported on Thursday that the U.S. median annual household income in 2011 was $50,054 - that is, half of American households make about $50,000 or less. That number is down 1.5 percent from the 2010 median, declining for the second year in a row.

And in another essay from Alternet.org, they noted "Mitt Romney and Bain Capital were among the first to to engage in the kinds of highly leveraged buyouts of private healthcare companies that pressures them to overtreat patients and overbill payers just to satisfy their investors."

We can see where this is going.

In an article by allgov.com: (http://www.allgov.com/news/top-stories/us-constitution-losing-influence-as-model-for-other-nations?news=844003)


"The U.S. Constitution 'offers relatively few enumerated rights. While the catalog of rights found in other constitutions has steadily grown, the laconic U.S. Constitution has not added any rights at all over the last century.'
·       “Among the relatively few rights that the U.S. Constitution does contain are provisions that happen to be rare at a global level. One is the Establishment Clause: today, only about one-third of the world’s constitutions provide expressly for a separation of church and state.99 Another is a right that is now so rare that it has become practically sui generis—namely, the right to bear arms. The only other constitutions in the world today that still feature such a right are those of Guatemala and Mexico.
·       “The U.S. Constitution is, instead, rooted in a libertarian constitutional tradition that is inherently antithetical to the notion of positive rights.” For example, whereas more than 90% of the world’s constitutions insure women’s rights, the issue is not addressed in the U.S. Constitution. Likewise, the vast majority of constitutions insure the right to social security, health care and food, these are not considered protected rights in the United States.
·       "The U.S. Constitution, the oldest still in force in the world, is extremely difficult to amend (only one amendment in the last forty years) is considered obsolete for newly emerging democracies."

Are we at the dawn of the Rise And Fall of The American Empire?  By criminalizing Conservatism and making the necessary adjustments to our Constitution, we may postpone that doomsday scenario.


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"Never a lip is curved with pain
That can't be kissed into smile again."

Bret Harte  (American author and poet, best remembered for his accounts of pioneering life in California and "The Outcasts of Poker Flat" and "The Luck of Roaring Camp." 1836-1902

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