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Divernan

(15,480 posts)
39. Those few social issues are de minimis tokens compared to rampant corporate/1% favoritism.
Thu Dec 5, 2013, 09:46 AM
Dec 2013

And dangled to serve as low cost distractions. We have been jerked around for years by threats posed by Obama's catfood commission and multiple negotiations when it's deliberately "leaked" that chained CPI and other cuts to Social Security and Medicare/Medicaid are always on Obama's negotiating table and part of his grand plan. We're expected to tug our forelocks like a bunch of serfs and be grateful that so far the status quo has remained and these threatened changes have not been implemented? Meanwhile the current index used to calculate COLA in no way accurately or fairly reflects or properly weights the budget elements for seniors/retired Americans. Yes the formula for COLAs should be changed, but to make it MORE in line with financial reality, not less so.

ACA will be a great improvement for many, but it is NOT single payer and benefits Big Insurance by forcing many to buy their policies.

Protecting gays & women in the military is the right thing to do, but it conveniently does not cost the govt. anything to do so, and attracts no MIC special interests lobbying against it because there's no profit in those discriminations, and making the military more attractive to women/LGBT increases the reserve of cannon fodder for wars.

And America's "minimum wage" (emphasis on the MINIMUM) remains inhumane and disgraceful.

The last legislated increases in the federal minimum wage, in 2007 and 2008, raised it by steps from $5.15 in 2006 to $7.25 in 2009. That produced the highest purchasing power for the minimum wage since 1981 — but that was still less than its value in 1967.

Read more here: http://www.kansascity.com/2013/12/04/4668634/minimum-wage-increase-gets-a-push.html#storylink=cpy


If the minimum wage had grown at the same rate as the earnings of the top one percent of Americans the federal wage floor would be more than triple the current hourly minimum of $7.25. Instead, the minimum wage has been lower than a poverty wage ever since 1982.

The New York Times compiled those and other basic facts about the minimum wage into an infographic. Together with demographic data about who actually holds minimum-wage jobs — less than a quarter of the minimum-wage workforce are teenagers, and nearly four in ten are over the age of 30 — the graphic makes the fundamental case for fighting inequality and economic hardship by raising the minimum wage. The horizontal red line in the Times graphic indicates the hourly wage necessary for a single parent working full-time with one child to avoid poverty.

http://thinkprogress.org/economy/2013/12/01/3007011/minimum-wage-percent-leave-workers/

In the years since Bill Clinton left office, he's increased his personal (personal, NOT the Clinton Foundation) wealth by over $50 million. But the purchasing power of minimum wage employees has remained below the poverty level. What's wrong with this picture? Who's part of the one percent? Does anyone seriously believe that corporations and big money interests would be paying his exorbitant personal speaking fees OR contributing to his Foundation if they did not anticipate the possibility that the Clintons would regain the White House and remember who bankrolled them personally and politically?

What elsed would one yesphan Dec 2013 #1
"Centrist Third Way" Roy Rolling Dec 2013 #24
They would would't they? go west young man Dec 2013 #2
Corporate Democrats rickyhall Dec 2013 #3
Rupert Roo is a misogynist. nt tsuki Dec 2013 #4
They're disastrous to the Wall Street Urinal Yo_Mama_Been_Loggin Dec 2013 #5
"News Corporation subsidiaries" WSJ Wall Street Journal mitty14u2 Dec 2013 #6
What's worse is that the policies embraced by the Third Way are unpopular for a reason Jack Rabbit Dec 2013 #7
Third Way? More like the Third Reich. Galraedia Dec 2013 #9
+1 SoapBox Dec 2013 #20
There is a growing middle class in China that will replace a dwindling US middle class. AdHocSolver Dec 2013 #34
I shit on The Third Way -- Hell Hath No Fury Dec 2013 #8
Hear, Hear! FiveGoodMen Dec 2013 #11
This is a very weak editorial Gothmog Dec 2013 #10
when you have no facts on your side. mikeysnot Dec 2013 #26
The WSJ bullshitting? sakabatou Dec 2013 #12
Anything disatrous for Wall St. TBF Dec 2013 #13
+1000 Populist_Prole Dec 2013 #18
Americans under 30 have a more favorable opinion of socialism than of capitalism. Laelth Dec 2013 #14
Some Americans over 65 have a similar opinion of socialism & capitalism. Jackpine Radical Dec 2013 #28
Hear, hear! n/t Laelth Dec 2013 #29
Another hear, hear Jack Rabbit Dec 2013 #36
How would they know? quakerboy Dec 2013 #15
Is the "Third Way" like a prequel for a Hillary campaign lexington filly Dec 2013 #16
absolutely daybranch Dec 2013 #17
Those few social issues are de minimis tokens compared to rampant corporate/1% favoritism. Divernan Dec 2013 #39
Wall Street's Policies Are ‘Disastrous,’ Hubert Flottz Dec 2013 #19
Neither impressed nor fooled. Warren for President! closeupready Dec 2013 #21
The Wall Street Journal . . . Brigid Dec 2013 #22
That's funny: The Elizabeth Warren Journal (aka her record) indicates it is Wall St whose policies silvershadow Dec 2013 #23
Murdoch stacks the court. n/t Orsino Dec 2013 #25
Hmmmmm..."Elizabeth Warren, Wall Street, Elizabeth Warren, Wall Street"... KansDem Dec 2013 #27
+1. LOL. n/t Laelth Dec 2013 #30
LOL, yup, there we go. closeupready Dec 2013 #33
Elizabeth Warren is what happens when a politician doesn't need corporate campaign funding... L0oniX Dec 2013 #31
The Right will say it and the Center Right will swear to it. merrily Dec 2013 #32
Kicked and recommended. Uncle Joe Dec 2013 #35
the middle of the road green917 Dec 2013 #37
Everything with Rupert Murdoch's name on it The Wizard Dec 2013 #38
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