Showing posts with label Economic Crises. Show all posts
Showing posts with label Economic Crises. Show all posts

04 March 2009

Moveon.org Asks for YOUR Health Care Skinny.





March 4, 2009.

Dear fellow Americans,

Since you signed the petition for health care reform, we wanted to let you know about the next step for this campaign.

Conservatives in Congress keep saying we can't afford to reform health care because of the economic crisis. In fact, the opposite is true.

The economic crisis and the health care crisis are feeding off each other, and we're the ones hurting because of it. Whether you're a small business owner, a self-employed entrepreneur, or someone who's seen your hours cut back, more and more of us are struggling to afford health care in this economy. Some of us are even facing bankruptcy or layoffs because health care costs are so outrageous.

Can you share your story of the economic troubles you face because of high health care costs? You can also share stories of friends, family, or community members. We'll highlight a few compelling stories in our health care campaign to drive home this crucial message.

In naming his health care team this week, President Obama said, "We must realize that fixing what's wrong with our health care system is no longer just a moral imperative, but a fiscal imperative."1

As our wallets shrink, health care costs are only getting bigger. This year, they'll reach $8,000 per person, according to a new report from the Department of Health and Human Services.2 Experts say we would save 20-30% if we all had the option of a public health insurance plan like Medicare to compete with private insurers.3

But conservatives are ignoring the real economic consequences of high health care costs—they're only focusing on the cost of the initial investment. Your story can hold Congress' feet to the fire and help win the quality, affordable health care we all need.

Share your story—or the story of someone you know—about how high health care costs are dragging us down economically. Click here:

http://pol.moveon.org/healthcare/costs/?id=15703-9067559-TwFzeix&t=4

Thanks for all you do.

–Noah, Peter, Anna, Wes and the rest of the team

Sources:
1. "Obama kicks off health care week with two nominations," Christian Science Monitor, March 2, 2009
http://www.moveon.org/r?r=51220&id=15703-9067559-TwFzeix&t=5

2. "Health care costs to top $8,000 per person," Associated Press, February 24, 2009 http://www.msnbc.msn.com/id/29355231/

3. "The Path to a High Performance U.S. Health System," The Commonwealth Fund, February 19, 2009 http://www.moveon.org/r?r=51221&id=15703-9067559-TwFzeix&t=6


LET THE REVOLUTION BEGIN!

Thanks for all you do!
Live
your values. Love your country.
And, remember: TOGETHER, We can make a DIFFERENCE!

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

05 February 2009

It's Not Going to Be Ok, by: Chris Hedges

Posted: TruthDig“, .

ICH

The daily bleeding of thousands of jobs will soon turn our economic crisis into a political crisis. The street protests, strikes and riots that have rattled France, Turkey, Greece, Ukraine, Russia, Latvia, Lithuania, Bulgaria and Iceland will descend on us. It is only a matter of time. And not much time. When things start to go sour, when Barack Obama is exposed as a mortal waving a sword at a tidal wave, the United States could plunge into a long period of precarious social instability.

At no period in American history has our democracy been in such peril or has the possibility of totalitarianism been as real. Our way of life is over. Our profligate consumption is finished. Our children will never have the standard of living we had. And poverty and despair will sweep across the landscape like a plague. This is the bleak future. There is nothing President Obama can do to stop it. It has been decades in the making. It cannot be undone with a trillion or two trillion dollars in bailout money. Our empire is dying. Our economy has collapsed.

How will we cope with our decline? Will we cling to the absurd dreams of a superpower and a glorious tomorrow or will we responsibly face our stark new limitations? Will we heed those who are sober and rational, those who speak of a new simplicity and humility, or will we follow the demagogues and charlatans who rise up out of the slime in moments of crisis to offer fantastic visions? Will we radically transform our system to one that protects the ordinary citizen and fosters the common good, that defies the corporate state, or will we employ the brutality and technology of our internal security and surveillance apparatus to crush all dissent? We won’t have to wait long to find out.

There are a few isolated individuals who saw it coming. The political philosophers Sheldon S. Wolin, John Ralston Saul and Andrew Bacevich, as well as writers such as Noam Chomsky, Chalmers Johnson, David Korten and Naomi Klein, along with activists such as Bill McKibben and Ralph Nader, rang the alarm bells. They were largely ignored or ridiculed. Our corporate media and corporate universities proved, when we needed them most, intellectually and morally useless.

Wolin, who taught political philosophy at the University of California in Berkeley and at Princeton, in his book “Democracy Incorporated” uses the phrase inverted totalitarianism to describe our system of power. Inverted totalitarianism, unlike classical totalitarianism, does not revolve around a demagogue or charismatic leader. It finds its expression in the anonymity of the corporate state. It purports to cherish democracy, patriotism and the Constitution while cynically manipulating internal levers to subvert and thwart democratic institutions. Political candidates are elected in popular votes by citizens, but they must raise staggering amounts of corporate funds to compete. They are beholden to armies of corporate lobbyists in Washington or state capitals who write the legislation. A corporate media controls nearly everything we read, watch or hear and imposes a bland uniformity of opinion or diverts us with trivia and celebrity gossip. In classical totalitarian regimes, such as Nazi fascism or Soviet communism, economics was subordinate to politics. “Under inverted totalitarianism the reverse is true,” Wolin writes. “Economics dominates politics-and with that domination comes different forms of ruthlessness.”

I reached Wolin, 86, by phone at his home about 25 miles north of San Francisco. He was a bombardier in the South Pacific during World War II and went to Harvard after the war to get his doctorate. Wolin has written classics such as “Politics and Vision” and “Tocqueville Between Two Worlds.” His newest book is one of the most important and prescient critiques to date of the American political system. He is also the author of a series of remarkable essays on Augustine of Hippo, Richard Hooker, David Hume, Martin Luther, John Calvin, Max Weber, Friedrich Nietzsche, Karl Marx and John Dewey. His voice, however, has faded from public awareness because, as he told me, “it is harder and harder for people like me to get a public hearing.” He said that publications, such as The New York Review of Books, which often published his work a couple of decades ago, lost interest in his critiques of American capitalism, his warnings about the subversion of democratic institutions and the emergence of the corporate state. He does not hold out much hope for Obama.

“The basic systems are going to stay in place; they are too powerful to be challenged,” Wolin told me when I asked him about the new Obama administration. “This is shown by the financial bailout. It does not bother with the structure at all. I don’t think Obama can take on the kind of military establishment we have developed. This is not to say that I do not admire him. He is probably the most intelligent president we have had in decades. I think he is well meaning, but he inherits a system of constraints that make it very difficult to take on these major power configurations. I do not think he has the appetite for it in any ideological sense. The corporate structure is not going to be challenged. There has not been a word from him that would suggest an attempt to rethink the American imperium.”

Wolin argues that a failure to dismantle our vast and overextended imperial projects, coupled with the economic collapse, is likely to result in inverted totalitarianism. He said that without “radical and drastic remedies” the response to mounting discontent and social unrest will probably lead to greater state control and repression. There will be, he warned, a huge “expansion of government power.”

“Our political culture has remained unhelpful in fostering a democratic consciousness,” he said. “The political system and its operatives will not be constrained by popular discontent or uprisings.”

Wolin writes that in inverted totalitarianism consumer goods and a comfortable standard of living, along with a vast entertainment industry that provides spectacles and diversions, keep the citizenry politically passive. I asked if the economic collapse and the steady decline in our standard of living might not, in fact, trigger classical totalitarianism. Could widespread frustration and poverty lead the working and middle classes to place their faith in demagogues, especially those from the Christian right?

“I think that’s perfectly possible,” he answered. “That was the experience of the 1930s. There wasn’t just FDR. There was Huey Long and Father Coughlin. There were even more extreme movements including the Klan. The extent to which those forces can be fed by the downturn and bleakness is a very real danger. It could become classical totalitarianism.”

He said the widespread political passivity is dangerous. It is often exploited by demagogues who pose as saviors and offer dreams of glory and salvation. He warned that “the apoliticalness, even anti-politicalness, will be very powerful elements in taking us towards a radically dictatorial direction. It testifies to how thin the commitment to democracy is in the present circumstances. Democracy is not ascendant. It is not dominant. It is beleaguered. The extent to which young people have been drawn away from public concerns and given this extraordinary range of diversions makes it very likely they could then rally to a demagogue.”

Wolin lamented that the corporate state has successfully blocked any real debate about alternative forms of power. Corporations determine who gets heard and who does not, he said. And those who critique corporate power are given no place in the national dialogue.

“In the 1930s there were all kinds of alternative understandings, from socialism to more extensive governmental involvement,” he said. “There was a range of different approaches. But what I am struck by now is the narrow range within which palliatives are being modeled. We are supposed to work with the financial system. So the people who helped create this system are put in charge of the solution. There has to be some major effort to think outside the box.”

“The puzzle to me is the lack of social unrest,” Wolin said when I asked why we have not yet seen rioting or protests. He said he worried that popular protests will be dismissed and ignored by the corporate media. This, he said, is what happened when tens of thousands protested the war in Iraq. This will permit the state to ruthlessly suppress local protests, as happened during the Democratic and Republic conventions. Anti-war protests in the 1960s gained momentum from their ability to spread across the country, he noted. This, he said, may not happen this time. “The ways they can isolate protests and prevent it from [becoming] a contagion are formidable,” he said.

“My greatest fear is that the Obama administration will achieve relatively little in terms of structural change,” he added. “They may at best keep the system going. But there is a growing pessimism. Every day we hear how much longer the recession will continue. They are already talking about beyond next year. The economic difficulties are more profound than we had guessed and because of globalization more difficult to deal with. I wish the political establishment, the parties and leadership, would become more aware of the depths of the problem. They can’t keep throwing money at this. They have to begin structural changes that involve a very different approach from a market economy. I don’t think this will happen.”

“I keep asking why and how and when this country became so conservative,” he went on. “This country once prided itself on its experimentation and flexibility. It has become rigid. It is probably the most conservative of all the advanced countries.”

The American left, he said, has crumbled. It sold out to a bankrupt Democratic Party, abandoned the working class and has no ability to organize. Unions are a spent force. The universities are mills for corporate employees. The press churns out info-entertainment or fatuous pundits. The left, he said, no longer has the capacity to be a counterweight to the corporate state. He said that if an extreme right gains momentum there will probably be very little organized resistance.

“The left is amorphous,” he said. “I despair over the left. Left parties may be small in number in Europe but they are a coherent organization that keeps going. Here, except for Nader’s efforts, we don’t have that. We have a few voices here, a magazine there, and that’s about it. It goes nowhere.”

See:

Letter to Editor: Chris Hedges omits key truths in ‘It’s Not Going to Be OK’

The War that will break Obama’s spell, by Rocket Kirchner

Obama’s New Bank Giveaway, by Michael Hudson

Nests In Hell, by Rand Clifford

The Age Of Liberal Fascism, by Rocket Kirchner

Ralph Nader Posts & Videos

The Economy Sucks and or Collapse 2

LET THE REVOLUTION BEGIN!

Thanks for all you do!
Live your values. Love your country.
And, remember: TOGETHER, We can make a DIFFERENCE!

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

06 January 2009

Future of NYC: How bad will it get?

Future of NYC: How bad will it get?

To determine the impact of the current recession, it is instructive to look back at past economic downturns.

By:Greg David, Originally posted on Crain's, January 06, 2009 3:00 PM
Photograph: "Herman, once a tri-athelete, patiently awaits ANY public transportation in NYC this weekend..." A. Golden, eyewash design - c. 2006.

Editor’s note: This is the first in a series of stories on New York City’s economy, which is the focus of the upcoming Crain’s conference, The Future of New York City. Join the discussion here.

Understanding how bad the current economic crisis will be in New York requires a history lesson.

In the past four decades, New York has been engulfed by three major recessions:

-225,000 jobs were lost in the economic downturn the city suffered after the Sept. 11 terrorist attacks.

-325,000 jobs were cut in the late 1980s and early 1990s.

-610,000 jobs disappeared in the disastrous 1970s.

The official forecasts—from the Bloomberg administration and city and state comptrollers—claim the current crisis will be less severe than any of the others. But comparing Wall Street today with manufacturing in the 1970s shows that is a debatable proposition.

Eight years ago, the national economy weakened before New York faltered. By the spring of 2001, Wall Street began retrenching, eventually shedding 35,000 jobs in the city. The terrorist attacks led to significant disruption but little permanent economic damage. A determined effort to bolster the tourism industry in the aftermath of Sept. 11 did much to lay the groundwork for a recovery. The boroughs outside Manhattan and the suburbs were little affected. The difficulties spanned four years; the rebound that began in 2004 was unexpectedly strong.

In the late 1980s, the nation also slipped into recession before New York. The city’s economy was undermined by a contraction on Wall Street brought about by the end of the 1980s bull market. The decline was deepened by three other major forces. A speculative real estate boom driven by tax breaks—not demand—led to overbuilding that took years to absorb. An expansion of government-financed jobs—on the city payroll as well as at social service and health care nonprofits—raised taxes so high that thousands of economically sensitive companies left, including Exxon and J.C. Penney. The crime wave fueled by crack cocaine led to 2,000 murders in one year and resulted in civic fear that delayed a recovery for years. The pain was felt in the entire region as Westchester, Long Island and the nearby counties of New Jersey all lost 9% of their employment base.

Hard times lasted seven years, and the recovery was anemic at first.

The disaster of the 1970s is remembered most for the fiscal crisis, the result of a misguided mission to turn the city into a welfare state. The government ran out of money because the effort coincided with the rapid erosion of the city’s manufacturing base—287,000 jobs were lost during the decade from what was then the city’s economic engine—while flight to the suburbs and beyond led to an unprecedented population decline of almost 900,000. Recovery, which took a decade, is remembered as very difficult, although the city’s comeback was able to continue despite two recessions in the rest of the country.

This time, there won’t be the population exodus of the 1970s. The unprecedented federal efforts to rescue the economy could help, too. Yet, one comparison may be more telling. The city seems certain to lose 50,000, or about 40%, of its Wall Street jobs. That’s a larger share than the roughly one-third of industrial jobs lost in the 1970s.


LET THE REVOLUTION BEGIN!

Thanks for all you do!
Live your values. Love your country.
And, remember: TOGETHER, We can make a DIFFERENCE!

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

29 September 2008

Kucinich speaks OUT against BAILOUT.




LET THE REVOLUTION BEGIN!

Thanks for all you do!
Live your values. Love your country.
And, remember: TOGETHER, We can make a DIFFERENCE!

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.