John Darkow, Columbia Daily Tribune, 1/25/10
Remember "middle class?" A home of your own? Health care? College for your kids? Vacations? Sick leave? Retirement with a pension at 65?
Forget it.
In the news today:
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On Tuesday night's Daily Show, bailout watchdog and financial reform advocate Elizabeth Warren told Jon Stewart that "this is really the moment" that will determine the future of America's middle class -- the system must be fixed or "the game really is over."
Warren, who chairs the Congressional Oversight Panel created to monitor TARP, said: "It is simple. This is America's middle class. We've hacked at it and chipped at it and pulled on it for 30 years now. And now there's no more to do. Either we fix this problem going forward or the game really is over."
In recent months, Warren has repeatedly warned that America's middle class is on the verge of collapse. In an essay for the Huffington Post last December, she raised the possibility: "America without a strong middle class? Unthinkable, but the once-solid foundation is shaking." A few days later, she told MSNBC's Mika Brzezinski "We are at serious risk in America of having 'middle class' no longer synonymous with the old notions of security and solid, but instead meaning living one paycheck to the next, living one bad diagnosis or pink slip away from financial collapse."
Warren has been the TARP oversight chair since November 2008, and Stewart asked her why the system hasn't been fixed yet.
"Well, these guys really do get it." Warren told Stewart -- the CEOs, bankers, and people in power -- "They get it. And they work best behind closed doors." If the decisions are in their hands, she said, "Nothing, nothing will change. You know, I want to turn to these guys sometimes, and I want to say: what part of 'we bailed you out' do you not get? These are people who would not have their jobs because they would not have their companies."
"The chips are all on the table," Warren added. "We are going to write what the American economy looks like for 50 years going forward. And right now the CEOs have any real change bottled up in the Senate."
(Click here to go to the original article.)
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"Middle class?" How quaint!
Don't be silly. This is America 3.0, the United Corporate States of America.
In this version, new features include: two stratified classes ... one tiny upper class, and one huge lower class for everyone else (the large middle class developed during the 1930's and included in the previous version has been removed); free speech and free elections only for giant corporations and a few billionaires; foreign purchase of U.S. elections and ownership of federal and state offices by terrorists and other enemy nationals (any wealthy individual or group that owns or controls a corporation with a U.S. subsidiary); having to be "nice" and "appropriately deferential" to people just because they're a lot richer than you are (this was borrowed from an earlier program called "Aristocracy" that had fallen out of favor during the last 80 years but was has now returned in the new edition of America 3.0).
Get your copy today!
Actually, OCCOWB (Our Conservative Corporate Overlords and Wealthy Betters) will be mailing you a copy every week (like those pesky AOL disks) for generations to come, quite possibly forever. So don't worry about getting a copy ... you won't be able to avoid it.
You liked America version 2.0 better?
Sorry, that version is longer available ... and besides, anyone possessing a copy will be detained without charges as an "enemy combatant," disappeared, and waterboarded (which is not torture, because -- as we keep saying -- OCCOWB does not torture) for as long as OCCOWB likes. Check the Terms of Use document; it's in there.
"But ... the Bill of Rights" prohibits such treatment!" you say.
What "Bill of Rights?" THAT was version 1.0. FDR's preservation and expansion of those freedoms, his creation of the conditions in which the American middle class could be born and would prosper, was 2.0.
"But ... the Bill of Rights" prohibits such treatment!" you say.
What "Bill of Rights?" THAT was version 1.0. FDR's preservation and expansion of those freedoms, his creation of the conditions in which the American middle class could be born and would prosper, was 2.0.
THIS is 3.0. Shut up (loud smack across the face). Mind your betters. Now, go to your room ... and you won't be coming out, little mister, until you learn the error of your ways. NO HEALTHCARE for you! Yes, you have to share your bedroom with three other inferior peasant families just like yourselves. And no, you may NOT have a crust of bread.
Thank you.
Pass it on.
Thank you.
Pass it on.
(But first, click here, here, and here and take action as if our future depends on it, as it well may.)
The Democratic Activist