Monday, 9/5/11, Public Square


Filed under The Public Square

19 responses to “Monday, 9/5/11, Public Square

  1. The last Labor Day?

    Let’s get it over with and rename the holiday “Capital Day.” We may still celebrate Labor Day, but our culture has given up on honoring workers as the real creators of wealth and their honest toil — the phrase itself seems antique — as worthy of genuine respect.

    Imagine a Republican saying this: “Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.”

    In scores of different ways, we paint investors as the heroes and workers as the sideshow. We tax the fruits of labor more vigorously than we tax the gains from capital — resistance to continuing the payroll tax cut is a case in point — and we hide workers away while lavishing attention on those who make their livings by moving money around.

  2. WSClark

    It’s LABOR Day, today. I can remember when the workingman (and woman) was honored in America. The guy that got up every morning, kissed the wife good-bye and headed down to the factory to put in his eight hours to build Buicks and Fords. He did his job and looked forward to his two weeks summer vacation. Next year, he’s hoping to save enough to buy a newer boat for that vacation trip.

    Today, Republican politicians would have you believe that that the union man doing his job is the greatest threat to America since the British burned the White House in 1812.

  3. The republicans are so busy signing pledges about what they won’t do!

    44 Senate Republicans Sign Pledge To Oppose Any Director Of Consumer Financial Protection Bureau Unless It Is Weakened

    Republicans have simply gone pledge crazy. It’s the newest fad among Republicans. Rather than keeping their oath to protect the American people, Republicans would rather sign pledges to do what their corporate masters want them to do.

    When President Obama withdrew Elizabeth Warren as his nominee to head the Consumer Financial Protection Bureau, most people were outraged. Republicans, of course, were overjoyed. But Warren didn’t go quietly into the night. She picked former Ohio Attorney General Richard Cordray to direct the bureau instead. But Republicans are not happy about this choice either. Cordray has a history of standing up for consumers against Wall Street and the big banks and when he challenges them, he wins. Cordray aggressively stood up to banks engaging in deceptive practices and rampant foreclosures, and ultimately saved residents of Ohio more than $2 billion.

    In response to this nomination, 44 Republicans have signed a pledge not to support ANY director of the CFPB unless it is substantially weakened to their satisfaction. It would be a huge victory for Wall Street and big banks that want to engage in unfair business practices in their effort to fleece the American people of every dollar they have.

    As long as Republicans are allowed to sign pledges of allegiance to corporate interests and unelected conservative activists, their pledge to the American people will be ignored. The Consumer Financial Protection Bureau is a safeguard put in place by the 111th Congress to keep Wall Street and the financial sector from engaging in unfair and dangerous business practices, the same practices that helped cause the current recession. Weakening it would be a major setback in preventing future economic downturns.

    • Has Elizabeth Warren announced that she’ll run for Massachusetts Senate seat against Scott Brown? The latest news I could find was Aug. 20.

      I like her. I really like her. She’s been a guest several times on Real Time, and the lady is brilliant. Even better, she can explain things so people like me, who don’t understand all the financial terms used, can understand.

  4. If Rick Perry is an economic miracle worker, why are so many Texans going hungry?

    Simple: because so much of his job creation is minimum wage

    Texas is now tied in last place with Mississippi for the highest percentage of minimum-wage workers and leads the nation for the number of people earning the federal minimum wage or less – a statistic that shouldn’t make us proud. Overall, Texas wages lag behind the national average, too. In 2010, the national median hourly earnings for salary and hourly-paid workers was $12.50. In Texas, that number was $11.20.

  5. Getting to know Rick Perry —

    Perry, first elected to the Texas legislature in 1985 as a Democrat, has had an event-filled quarter-century career in Texas politics, but Republican voters outside the Lone Star know little about him yet.

    Wednesday is their chance to size him up — and the chance for Perry’s rivals to cross-examine him, on such questions as:

    * Why he signed a bill in 2001 that gave illegal immigrants in-state tuition at Texas universities. In a speech Friday, Mitt Romney noted that he had vetoed such a bill when he was governor of Massachusetts.
    * What Perry meant in his speech last week to the Veteran of Foreign Wars when he denounced “a foreign policy of military adventurism” — and which recent U.S. military commitments he’d put in that category.
    * Whether Perry endorsed the $700 billion bailout in October of 2008 when, as the head of the Republican Governors Association, he sent a letter to congressional leaders urging enactment of an economic recovery package. “If Congress does not act soon, the situation will grow appreciably worse,” Perry said in that 2008 letter. Did he believe in bailouts and stimulus then and, if so, why?

  6. indypendent

    I heard this on NPR the other day – the topic was possible ideas on how to create jobs in America –

    should change signs in airport to read – Welcome to China

  7. indypendent

    I learned a long time ago that most Republicans cannot be shamed into doing what is right for all Americans.

    If that was possible – could they have done all that fighting tooth and nail to keep those special Bush tax cuts for the wealthy 2% while at the same time fighting to let Obama’s payroll tax holiday expire?

    If that was possible – could they have all sat by and applauding wildly for George W. Bush to invade Iraq and waste trillions of dollars on a useless war?

    If that was possible – could they all praise how GWB and Gang bombed the hell out of Iraq and then turned around to build new schools, roads, bridges and infrastructure for Iraqi people – but yet cannot seem to find a penny to do the same for their own country?

    Republicans have always been just about the money – but something happened to their very souls when the Religious Right hijacked their Grand Old Party. That is when their very souls became black and hardened.

    I know I keep harping on this issue – but I know it’s true. Those folks that profess to be the most religious are oftentimes the Devil in disguise.

    If you’re talking about the poor, hungry and the sick – who is at the front of the ranting to get rid of Obamacare (for the sick) – to get rid of Medicaid – (poor and hungry). And let’s not forget Medicare .

    The ones that really are pushing for these things to be abolished are these fake churchy people.

    But I’m sure they are all for giving more tax dollars to them so they can build even bigger monuments to make them feel superior. After all, that preacher’s brother-in-law has to sell some more huge golden crosses before he can claim to be the next millionaire.

  8. Freebird1971

    I am willing to bet that no matter which side wins the election it will be 4 more years of the same old bovine excremnent

    • indypendent

      I don’t know about that, If Obama wins, I suspect that is when we’ll see the candidate Obama come out and really push for the big changes he promised.

      But that largely depends on how the House looks. And from the current window – John Boehner does not look that comfortable in his seat of power.

      But let’s just say a Far Right Republican wins and they do go through with thier decimation of everything from Civil Rights to Medicare. Do you really think the average working class American is going to tolerate that?

      That is when that revolution the TEa Party kept bragging about will likely happen – but the target will be the Tea Party.

    • The goal of republicans is to dismantle government. They are fully aware most voters don’t pay close enough attention to know which party is responsible for the decimation and are counting on uninformed voters blaming ‘government.’ When it’s government that is the problem it’s easier to dismantle it.

  9. I finally had the chance to sit down and watch at least part of Capitalism: A Love Story and ended up crying. Damn Michael Moore for doing that.

    If, like me, you’ve missed seeing it and haven’t heard about FDR’s Economic Bill of Rights, it’s time at least for the latter.

  10. Did you see this under So They Said in the Sunday paper:

    “It’s ‘regulations,’ ‘regulations’ and ‘regulations.’” — Sen. Pat Roberts, R-Kan., asked in Salina what Kansans tell him are their top three concerns.

    Really? REALLY?? Kansans top concerns are regulations??? Not jobs? Not health care? Not educating their children? How do they get away with this?

    • I read the republican congress critters have their marching orders that regulations will be their top priority when they return from summer break. It doesn’t surprise me that Roberts would make up what he reports hearing from constituents and make it the exact topic he has been told will be his top priority. He doesn’t care that he’s out of step with the people of Kansas, he doesn’t care what our needs or worries are. He has his marching orders from the businesses who’ve bought and paid for him.

    • Predictably, Republicans reacted to today’s dismal jobs number — which showed that zero net jobs were created in August — by blaming the supposed avalanche of taxes and regulations put in place by the Obama administration. “Private-sector job growth continues to be undermined by the triple threat of higher taxes, more failed ‘stimulus’ spending, and excessive federal regulations. Together, these Washington policies have created a fog of uncertainty that’s left small businesses unable to hire and American families worried about the future,” said House Speaker John Boehner (R-OH) in a statement today.

      However, McClatchy conducted a survey of small business and found that they don’t blame taxes or regulations for their hesitancy to hire:

      Politicians and business groups often blame excessive regulation and fear of higher taxes for tepid hiring in the economy. However, little evidence of that emerged when McClatchy canvassed a random sample of small business owners across the nation. […]

      McClatchy reached out to owners of small businesses, many of them mom-and-pop operations, to find out whether they indeed were being choked by regulation, whether uncertainty over taxes affected their hiring plans and whether the health care overhaul was helping or hurting their business.

      Their response was surprising.

      None of the business owners complained about regulation in their particular industries, and most seemed to welcome it. Some pointed to the lack of regulation in mortgage lending as a principal cause of the financial crisis that brought about the Great Recession of 2007-09 and its grim aftermath.

      Some small business pointed to the cost of health insurance as holding them back. Others cited a simple lack of customers (consistent with an economic slump caused by lack of demand). “I think the business climate is so shaky that I would not want to undergo any expansion or outlay capital,” said Andy Weingarten, who owns Almar Auto Repair in Charlotte, North Carolina.

      Several respondents actually pointed to the 2009 Recovery Act (i.e. the stimulus), which was almost unanimously opposed by Republicans, as helping to boost their businesses. “It allowed those folks to spend and have money and pay for the essentials,” said Rip Daniels, who owns four businesses.

      Republicans, however, are continuing to insist on debilitating budget cuts that are not causing the private sector to hire, but that have contributed to an absolute hemorrhaging of jobs in the public sector. Since the official end of the recession, the public sector has lost 600,000 jobs.

    • Typical flim-flam man. Say what you’re paid to say.