QUOTES OF THE DAY

“You go into these small towns in Pennsylvania and, like a lot of small towns in the Midwest, the jobs have been gone now for 25 years and nothing’s replaced them. And they fell through the Clinton administration, and the Bush administration, and each successive administration has said that somehow these communities are gonna regenerate and they have not.

And it’s not surprising then they get bitter, they cling to guns or religion or antipathy toward people who aren’t like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations.”

Barack H. Obama, San Francisco Fundraiser, April 11, 2008

“The problem of the last three decades is not the ‘vicissitudes of the marketplace,’ but rather deliberate actions by the government to redistribute income from the rest of us to the one percent. This pattern of government action shows up in all areas of government policy.”

Dean Baker

“If the IMF’s staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we’re running out of time.”

Simon Johnson, The Quiet Coup


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Dutchman
Dutchman

“You go into these small towns in Pennsylvania….”

I’m from Allentown, PA. It’s decimated. One big negro / Puerto Rican hell hole. Puerto Rican’s are right up there with Somali’s and Muslims.

Hell all of PA and up state NY and Ohio are the same – no jobs / no opportunity / dead end.

TPC
TPC

“The problem of the last three decades is not the ‘vicissitudes of the marketplace,’ but rather deliberate actions by the government to redistribute income from the rest of us to the one percent. This pattern of government action shows up in all areas of government policy.”

Dean Baker
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Close, but the writer misses the mark a bit.

The government is looting the income of the middle class to prop up the growing underclass, while simultaneously giving all power and means of production to the 0.1%.

Its almost impossible to start a company and be competitive in the modern market, which traps people in shitty jobs for mega-corporations, or traps them in poverty in the underclass. Either way, they are facing a monopoly on their lives from either their corporation or their country.

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