Saturday, March 20, 2010

A capsule of american history

In the 1950s, one of the most prosperous (financially) decades in America, the ratio of CEO pay to that of the average worker was 25-1. By 2001 it was around 300-1. Since then, workers' productivity has exploded.

The thanks people got for working hard and doing a great job?
  • they got fired, (downsized)
  • the people left got to do 2 jobs for 1 salary
  • businesses sent as many jobs as they could overseas
  • while executives raised their salaries through the roof
  • and shareholders got rich

What if CEOs were required by law to share the benefits. They can make as much as they want, but only 25 times what the average salary of their company is, including perks and benefits.
It was good enough under Eisenhower.
----

Meanwhile, conservative politicians were scaring the bejesus out of people about violent crime, while passing all kinds of laws that allowed people to get mugged by
  • banks
  • credit card companies
  • and all the rest of their rich friends
----------------
Oh, and while they were doing that, they bought as many newspapers and TV stations and radio stations as they could,
Just so you wouldn't be troubled by hearing anything other than

"What's good for business is good for America".

After all, why leave elections to chance?

Did you know that:
George Bush fired a lot of the accountants at the IRS
who were in charge of auditing the incomes of the super wealthy.

So now they are using the media to get people worked up, that bad Obama is hurting the poor rich people, (the same ones who systematically looted the country as much as they could get away with).

If someone robs you,
and you see them on the street,
do you let them get away with it?

Well, do you?

And now
the biggest scam of all,
the tool of tools
that allows rich people to rule America
the sick joke known as
Corporate Personhood

never heard of it, did you?
that's OK,
it's still impacting every aspect of your material life


Read Perfectly Legal, by David Cay Johnston,
an incredible, eye opening book

http://www.google.com/search?q=Perfectly+Legal%2C+david+cay+johnston&ie=utf-8&oe=utf-8&aq=t&rls=com.yahoo:en-US:official&client=firefox

The Economic Policy Institute
http://www.epi.org/issues/category/wages_and_living_standards/

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