Molly Ivins yesterday:
...Anyone who doesn’t think this is a country where the rich are getting richer and the poor are getting poorer needs to check the numbers—this is Bush country, where a rising tide lifts all yachts.
According to the current issue of Mother Jones:
-- One in four U.S. jobs pays less than a poverty-level income.
-- Since 2000, the number of Americans living below the poverty line at any one time has risen steadily. Now, 13 percent—37 million Americans—are officially poor.
-- Bush’s tax cuts (extended until 2010) save those earning between $20,000 and $30,000 an average of $10 a year, while those making $1 million are saved $42,700.
-- In 2002, Sen. Charles Grassley, R-Iowa, compared those who point out such statistics as the one above to Adolph Hitler (surely he meant Stalin?).
-- Bush has diverted $750 million to “healthy marriages” by shifting funds from social services, mostly childcare.
-- Bush has proposed cutting housing programs for low-income people with disabilities by 50 percent.
A series of related stats—starting with the news that two out of three new jobs are in the suburbs—shows how the poor are further disadvantaged in the job hunt by lack of public or private transportation.
Meanwhile, for those who have been following the collapse of the pension system, please note a series in The Wall Street Journal by Ellen Schultz taking a hard look at executive pension obligations:
-- “Benefits for executives now account for a significant share of pension obligations in the United States, an average of 8 percent (of large companies). Sometimes a company’s obligation for a single executive’s pension approaches $100 million.”
-- “These liabilities are largely hidden, because corporations don’t distinguish them from overall pension obligations in their federal financial findings.”
-- “As a result, the savings that companies make by curtailing pensions of regular retirees—which have totaled billions of dollars in recent years—can mask a rising cost of benefits for executives.”
-- “Executive pensions, even when they won’t be paid until years from now, drag down the earnings today. And they do so in a way that’s disproportionate to their size, because they aren’t funded with dedicated assets.”
It seems to me that we’ve seen enough evidence over the years that the capitalist system is not going to be destroyed by an outside challenger like communism—it will be destroyed by its own internal greed...
Maybe not. As Krugman notes, the well-heeled Masters of the Universe seem to be flocking back towards the economic centers in greater numbers. ...What's left is an urban economy that offers a mix of very highly paid financial jobs and low-wage service jobs, with relatively little in the middle. Economic disparities in New York, as in the United States as a whole, are wider than they have been since the 1920's...
Great disparities in income are leading to the predictable. AmericaBlog observes...kind of senseless crimes - and I mean senseless in the sense that the crimes are only about violence, they're not about robbery or vengeance or anything else, just pure violence - have been building over the past several years. But over the past year or so, it's built to a crescendo of violence. A New York Times reporter is attacked and murdered simply walking near his home - why? Who knows. A friend of my friend Cate is brutally murdered while walking his dog, they don't even take his wallet - why? Who knows. A series of women are attacked, violently, just a block from house and it gets so bad that the police email the neighborhood to warn us - the woman are simply being beaten up on the street. Just a month ago, a friend of mine who is 6 foot 5 inches tall - yeah, he's THAT big - and 24 years old, gets jumped by 3 or 4 guys who seemingly just wanted to beat the crap out of him, no attempted robberty, nothing. And all of these happened in "nice" neighborhoods where yuppies pay lots and lots of money for new condos.
And oh yeah, we recently had a series of attacks on the National Mall, a place where nobody ever gets attacked.
Then we have this past weekend. A British aspiring politico is walking his girlfriend home in Georgetown - quite possibly the most expensive and ritziest part of DC - and several guys walk up to them, slit the boyfriend's throat (he dies) and then drag the girlfriend to the alley to rape her. (To the cops' credit, they think they caught the guys who did this.)
This is Georgetown, folks. It's like getting murdered and raped in Beverly Hills...
Washington, DC, for all of its economic improvement over the past several years, is still a terribly dangerous city, and increasingly so over the past few years. The Chief of Police has no clue what to do about the problem, and honestly, he's loathe to admit there even is a problem, or even tell the truth when he does "admit" it...
It's a conspiracy of incompetence, or at best, indifference.
Before you go plopping down half a million dollars to live in some new condo in a neighborhood that was a ghetto just a year ago (and still really is), you might want to take a hard look through the newspapers. Even the best neighborhoods in DC are now seeing random rapes and murders, and our politicians are telling us this is quite "normal" for any big city (it hadn't been "normal" in my neighborhood for the past ten years or so that I recall). And the neighborhoods all the young well-off kids are moving in to make my neighborhood (which is nice, but still edgy), look like Bel Air.
DC has become "A Clockwork Orange." The rumors of it being crime-ridden are well deserved.
Economic Green Zones in our own cities and voters that are more equal than others are a great way to produce Iraqi-style resentment among the disenfranchised. But that's all part of the TheoCon New Feudalism. You can't have a protection racket without having to be protected from something.
Just another Reality-based bubble in the foam of the multiverse.
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Protection racket ain't working anymore, is it.
Chaos is coming and she's pissed.
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