WE LIVE IN A WORLD OF WORKERS VS. WALL STREET SHAREHOLDERS.  UNFORTUNATELY THE MAJORITY OF PEOPLE IN OUR CONGRESS ARE MULTIMILLIONAIRES WHO REPRESENT WALL STREET SHARE HOLDERS

It’s taken me a while but I’m finally beginning to see the connections between Wall Street, Congress, and the low wages that ordinary Americans get and the disintegration of the quality of American lives and in fact, the infrastructure of our nation, that we have experienced over the past 30 years. Wall Street and Congress are literally destroying the majority of the American people with their greed.  Wall Street Bankers get $800 billion and the White House crows about giving $50 billion to Main Street.  We should thank them for the crumbs? I don’t think so.

WE NEED TO EDUCATE OUR FELLOW AMERICANS AND THAT ALSO INCLUDES AS MANY OF THOSE WHO ATTEND TEA PARTIES AS POSSIBLE. Wall Street and most of Congress do not stand for the majority of the American people. And yes, it IS a class war that we have going on.

This is NOT a conspiracy theory that is being played out, it is a political strategy followed by Wall Street, Congress and those who are in the upper 5% of the wealthiest in the nation. And this political strategy is being carried out by Republicans and Democrats alike.  In case you haven’t noticed there is a difference among the Democrats. There are some who are decent like Dennis Kucinich, Patrick Leahy, Marcy Kaptur, Russ Feingold, and others and then there are those who work the system and lie such as Evan Bayh, Blanche Lincoln, Ben Nelson, Rahm Emanuel and others. The vast majority of those who call themselves “Blue Dogs” are no different from a Republican in feeding their own personal greed.

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The Wall Street System of Shareholders is nothing more than modern day serfdom and this is how the Wall Street System of Serfdom is supported:

1.)  KEEP WAGES AS LOW AS POSSIBLE AND MAKE ONE WORKER DO THE JOB OF TWO–THEN THERE IS MORE MONEY LEFT FOR THE SHAREHOLDERS. Wall Street and the rich count on Congress to do this for them because the majority of members of Congress themselves own thousands of dollars (and in some cases millions of dollars of stock).  In other words, member of Congress are invested BIG TIME as shareholders in Wall Street.

So far Congress has not disappointed them.  The last wage increase that the American workers got was THE FIRST WAGE INCREASE IN 10 YEARS! And we had to fight Congress like hell to even get it then–despite the fact that living costs had not stayed the same.  Despite the fact that the greedy members of Congress had been certain to give themselves three or four raises over this time.

2) PROMOTE GLOBALISM AND SHIP AS MANY JOB OVERSEAS AS POSSIBLE. Wall Street, the rich and most of Congress did not suffer from this strategy but millions of Americans did.   Corporations and shareholders could take advantage of what they euphemistically refer to as economies of scale.  Translated into plain English:  “Let’s move on and find a work force who will be happy with even smaller crumbs from the cake. That way there is more for us.”

3. MAKE ANY WORKER OR GROUP WHO REPRESENTS WORKERS APPEAR AS PEOPLE WHO ARE “ASKING FOR TOO MUCH, AS PEOPLE WHO ARE “THE ENEMY.“ As a part of this movement, Conservatives (and I include Blue Dogs when I refer to conservatives) promote smears and attacks on Unions to make it look like the Unions fault somehow because they were demanding a living wage for their members. That’s exactly what Republicans and Blue Dogs do–they denigrate their victims as if to make the victim appear as a villain.

4. MAKE THE MIDDLE CLASS COVER TAXES FOR THE UPPER 1%. Our tax system is ridiculously skewed for the very wealthy.

“. . . The late Leona Helmsley famously said, “only the little people pay taxes.”

The past week seems to have proved her right. It started with news that the 400 highest-earning Americans paid an effective tax rate of 17% in 2006. That was the lowest effective tax rate in the 15 years the IRS has been keeping stats. (Advocates for the wealthy point out that these individuals, who earned an average of $236 million, paid an average of $45 million each in taxes–surely not chump change). . . “SOURCE WSJ

BY THE WAY, REMEMBER THAT WHILE THE RICH PAY 17% OF THEIR INCOME IN TAXES, YOU AND I (the ‘little people’ PAY BETWEEN 25% TO 30% OF OUR INCOME IN TAXES. This discrepancy was pointed out a couple of years ago by one of the richest men in the world, Warren Buffett.

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by James Parks, Oct 31, 2009

Wage theft has become a national epidemic. A recent study found that low-wage workers in New York City, Chicago and Los Angeles are routinely denied proper overtime pay and often are paid less than minimum wage.

Interfaith Worker Justice (IWJ) is highlighting their stories at its new Wage Theft Online Resource Center, which also includes a list of resources and information about the wage theft crisis. Click here to visit the Wage Theft Online Resource Center.

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