Matt Taibbi and Chrystia Freeland on the One Percent's Power and Privileges

[mother earth]

http://truth-out.org/news/item/12268-matt-taibbi-and-chrystia-freeland-on-the-one-percents-power-and-privileges

Must reading & watch the video at the link.

Thanks to Demeter, this is part of the daily SMW here, but like so many things brought there, some things are deserving of a great
deal more attention.

Taibbi & Freeland bring home incredible, happening now, BS, in-your-face, greedy entitlement by the l%ers. Isn't it time to say fuck you to these unabashedly, arrogant, blood sucking, entitled, presumptuous, elitists? When is enough, ENOUGH? These pigs at the trough never stop.

[snot]

1. No need for perjoratives; the facts speak for themselves:

" . . . . the powers-that-be have just awarded Donald Trump -- yes, that Donald Trump -- the right to run a golf course in the Bronx which taxpayers are spending at least $97 million to build. What "amounts to a public subsidy," says the indignant city comptroller, "for a luxury golf course." Good grief. A handout to the plutocrat's plutocrat.

"This, in a city where economic inequality rivals that of a third-world country. Of America's 25 largest cities, New York is now the most unequal. The median income for the bottom 20% last year was less than $9,000, while the top one percent of New Yorkers has an average annual income of $2.2 million.

"Across America, this divide between the superrich and everyone else has become a yawning chasm and studies indicate it may stifle jobs and growth for years to come. At no time in modern history has the top one hundredth of one percent owned more of our wealth or paid so low a tax rate. But in neither of the two presidential debates so far has the vastness of this astounding inequality gap been discussed. Not by Mitt Romney, who is the embodiment of the predatory world of financial capitalism. And not even by Barack Obama, whose party once fought for working men and women against the economic royalists."

(From the article linked to in the OP.)

[mother earth]

4. yeah, nice, a golf course for the billionaires on the back of taxpayers...while the filthy rich

are simply not getting enough breaks...

and yes, indeed, the centrism of our own party is a slap in the face.

I read the SMW thread this morning, before my coffee, so...you'll have to forgive my blasphemous rant.
I also had to console someone who was laid off yesterday. While that co. calls it a 15% across the board lay-off (they are global),
it was a 30% USA layoff.



We are too complacent.

[snot]

2. Reading the article . . .

I'd call it not "cognitive capture" but Stockhom Syndrome ( https://en.wikipedia.org/wiki/Stockholm_syndrome ).

[limpyhobbler]

3. This was really good.

I watched it earlier on youtube:

[mother earth]

5. Thanks for posting this link, EVERYONE should watch this. nt

[mother earth]

6. Yep, kicking my own thread, because people need to hear this.