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No to Oligarchy - by Bernie Sanders - For many, the American dream has become a nightmare.

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kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 01:10 PM
Original message
No to Oligarchy - by Bernie Sanders - For many, the American dream has become a nightmare.
Edited on Sat Jul-24-10 01:14 PM by kpete
No to Oligarchy

by Bernie Sanders

The American people are hurting. As a result of the greed, recklessness and illegal behavior on Wall Street, millions of Americans have lost their jobs, homes, life savings and their ability to get a higher education. Today, some 22 percent of our children live in poverty, and millions more have become dependent on food stamps for their food.

And while the Great Wall Street Recession has devastated the middle class, the truth is that working families have been experiencing a decline for decades. During the Bush years alone, from 2000-2008, median family income dropped by nearly $2,200 and millions lost their health insurance. Today, because of stagnating wages and higher costs for basic necessities, the average two-wage-earner family has less disposable income than a one-wage-earner family did a generation ago. The average American today is underpaid, overworked and stressed out as to what the future will bring for his or her children. For many, the American dream has become a nightmare.

But, not everybody is hurting. While the middle class disappears and poverty increases the wealthiest people in our country are not only doing extremely well, they are using their wealth and political power to protect and expand their very privileged status at the expense of everyone else. This upper-crust of extremely wealthy families are hell-bent on destroying the democratic vision of a strong middle-class which has made the United States the envy of the world. In its place they are determined to create an oligarchy in which a small number of families control the economic and political life of our country.

The 400 richest families in America, who saw their wealth increase by some $400 billion during the Bush years, have now accumulated $1.27 trillion in wealth. Four hundred families! During the last 15 years, while these enormously rich people became much richer their effective tax rates were slashed almost in half. While the highest paid 400 Americans had an average income of $345 million in 2007, as a result of Bush tax policy they now pay an effective tax rate of 16.6 percent, the lowest on record

more:
http://www.commondreams.org/view/2010/07/24-8

************************

The rich are getting richer and the poor are getting poorer at a staggering rate. Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a blinding pace.

Here are the statistics to prove it:
http://www.businessinsider.com/22-statistics-that-prove-the-middle-class-is-being-systematically-wiped-out-of-existence-in-america-2010-7
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90-percent Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 01:11 PM
Response to Original message
1. Most Americans
Most Americans including myself don't really know exactly what the word "oligarchy" means.

-90% Jimmy
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Hydra Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 01:18 PM
Response to Reply #1
3. Right
Think Royal Monarchy- with a few people on the throne, instead of just one.

"It's good to be the King"
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Book Lover Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 01:19 PM
Response to Reply #1
4. That in an of itself isn't necessarily the problem
When there's no curiosity pushing someone to look up a word they don't know, then you got yer problem.
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Tierra_y_Libertad Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 01:29 PM
Response to Reply #1
7. Quick, but accurate, definition: "Those who have the gold make the rules."
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amyrose2712 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 01:39 PM
Response to Reply #1
9. That is why Google is our friend...
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amyrose2712 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 01:40 PM
Response to Reply #1
10. Sorry I was all late and stuff. Watching House forgot to hit Post.(hehe) nt
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russspeakeasy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 08:09 AM
Response to Reply #1
26. Think drug cartel................
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 07:01 PM
Response to Reply #1
37. Wiki actually nails it pretty well:
Edited on Sun Jul-25-10 07:02 PM by laughingliberal
http://en.wikipedia.org/wiki/Oligarchy

An oligarchy (from Greek ὀλιγαρχία, oligarkhía<1>) is a form of power structure in which power effectively rests with a small segment of society distinguished by royalty, wealth, family ties, military control, or religious hegemony. The word oligarchy is from the Greek words "ὀλίγος" (olígos), "a few"<2> and the verb "ἄρχω" (archo), "to rule, to govern, to command".<3> Such states are often controlled by politically powerful families whose children are heavily conditioned and mentored to be heirs of the power of the oligarchy.
Oligarchies have been tyrannical throughout history, being completely reliant on public servitude to exist. Although Aristotle pioneered the use of the term as a synonym for rule by the rich, for which the exact term is plutocracy, oligarchy is not always a rule by wealth, as oligarchs can simply be a privileged group, and do not have to be connected by bloodlines as in a monarchy. Some city-states from ancient Greece were oligarchies. <snip>
.....................


An interesting discussion of the formation of an oligarchy in Russia since the collapse of the Soviet Union in 1991:

<snip> Since the collapse of the Soviet Union in 1991, privately owned Russia-based multinational corporations, including producers of petroleum, natural gas, and metal have become oligarchs. Privatization allowed executives to amass phenomenal wealth and power almost overnight. In May 2004, the Russian edition of Forbes identified 36 of these oligarchs as being worth at least $1 billion.<4> <snip>


Sounds awfully familiar
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Tierra_y_Libertad Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 01:18 PM
Response to Original message
2. Or, as Mark Twain said...
"It could probably be shown by facts and figures that there is no distinctly native American criminal class except Congress."

"I think I can say, and say with pride, that we have some legislatures that bring in higher prices than any in the world."

"Senator: Person who makes laws in Washington when not doing time."


Mark Twain
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unpossibles Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 11:36 AM
Response to Reply #2
33. Congress, in itself, is not the problem
Other than in that we need to reform election finance and lobbying laws because the people truly in power are able to purchase favorable legislation. The problem with those quotes, and with the Republican mindset that government is the problem, is that government should be OUR voice to prevent this type of thing. If we get rid of or weaken the symptom of the problem (ie: Congress, government, etc), it just makes it that much easier for the oligarchy to control us as they will no longer need to bribe anyone to be in power.

They say nature abhors a vacuum, and I would say mankind abhors a power vacuum. Blaming the government for our ills is like blaming your front door for break ins - sure, if it's broken it needs to be fixed, but to remove it doesn't make your house harder to rob.
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Hydra Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 01:20 PM
Response to Original message
5. One of the problems is that people don't see the root issue
They see wealth, and people gobbling it up.

The wealth means nothing to them- it's all about the power and the exemption from laws.
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glitch Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 02:26 PM
Response to Reply #5
11. They also have a primitive desire to accumulate wealth for its own sake.
They think if they have all the marbles someone might love them. Or something.
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Hydra Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 03:21 PM
Response to Reply #11
12. I refer to Prophet Orwell:
"The Party seeks power entirely for its own sake. We are not interested in the good of others; we are interested solely in power. Not wealth or luxury or long life or happiness: only power, pure power. What pure power means you will understand presently. We are different from all the oligarchies of the past, in that we know what we are doing. All the others, even those who resembled ourselves, were cowards and hypocrites."

I didn't believe this for a long time, but look around at what they are doing. The evidence is all around us.
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 01:20 PM
Response to Original message
6. Recommend
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Phoebe Loosinhouse Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 01:34 PM
Response to Original message
8. Shirley Sherrod was right on the money - it's CLASS
Race is used as a diversion to keep the lower and middle classes in a state of schism.

If we can ever move to actual discussions of class and how the middle and lower classes are systemicaly plundered and looted by the Have Mores, we might actually get somewhere.
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DeeDeeNY Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 10:37 AM
Response to Reply #8
31. + 1
Absolutely
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Bryn Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 05:44 PM
Response to Original message
13. K&R
Thanks for posting that. Bernie Sanders is one of my fave senators.
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pattmarty Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 05:48 PM
Response to Original message
14. If only "they" all were like Bernie.
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mnhtnbb Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 06:02 PM
Response to Original message
15. When the class warfare that has been going on for several decades
finally reaches American consciousness, watch out.
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LatteLibertine Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 06:10 PM
Response to Original message
16. Well
Edited on Sat Jul-24-10 06:17 PM by LatteLibertine
When the poor and middle class align shoulder to shoulder the greedy nonsense of the most wealthy minority is over. Until that time we are going to be screwed.
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Lorien Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 01:43 AM
Response to Reply #16
22. Problem is that many among the poor and middle class have been deluded into believing
that they, too, will be among the uber-rich someday. They protect those 400 families just in case they marry one of them or win the lottery then make stock bets that Warren Buffet would envy. The lie that "you, too, can be among the super rich!" has helped them to become the untouchables, and their lock on Capital Hill has turned their every whim into law.
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RaleighNCDUer Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 09:32 AM
Response to Reply #22
28. And that is a result of the uber-rich owning 95% of the sources of
information accessible to the poor and middle-class. I don't have the stats, but I would put good money on Fox viewers as being among the strongest believers in 'the American dream'. It is also a POV espoused by the mega-churches - Jesus wants YOU to be rich! Just send us some money and we'll put in a good word for you!

And all the while they are working hard to keep the rich rich.
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Lorien Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 10:29 AM
Response to Reply #28
30. Yep, and I know that it's a message that talk radio really pushes as well
some of my lower middle class repug colleagues are SURE that they'll be among the top 0.5% someday. Completely delusional-but it achieves the goals of the elite.
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unpossibles Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 11:43 AM
Response to Reply #28
34. well, it also fits into their simplistic philosophy so well that FOX just reinforces it
The problem is that most people who I know who are conservative - and I know quite a few - tend to see the world as very much a "you get what you deserve" sort of place. The rich are there because of hard work, the poor are lazy, only sodomites get diseases, unhealthy people don't take care of themselves, etc. It's plain to see this mindset in almost everything they do and say, and it's even a part of their religious views - innocent and good people go to heaven, sinners go to hell.

This is why even if they are not rich and know it - and trust me, many know it, although I know some middle class conservatives who see themselves as being among the top - they think that it's fundamentally UNFAIR to tax someone just because they worked hard, took risks, had good ideas, etc. They see it as theft, plain and simple - giving from those who deserve their wealth to those who do not.

FOX just plays into this mindset; it did not create it.
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flamingdem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-27-10 12:58 AM
Response to Reply #22
56. That myth is getting harder to sell! nt
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Overseas Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 07:29 PM
Response to Original message
17. No more Herbert Hoover. Yes Please Stimulus II -- Infrastructure Infrastructure Infrastructure
And I dearly wish mass transit systems could somehow be funded through our national security budgets. They have the means for us to test out all kinds of sustainable energy mass transit. We have tons of engineers and workers itching to get going on all those repairs.

The Oily Oligarchs were content to usurp our tax money by the billions, so let us Democrats not shirk from expending more into the long term health of our once-great nation.

Yes please, let's move forward with our Democratic administration and repair that social safety net we depend upon in times of upheaval, and the infrastructure the government-hating Republicans allowed to decay over their eight long years, and the department of energy, and public health, and and and

The GOP -- Greedy Obstructionist Plutocrats -- screwed our country royally. I hope we can continue to speak frankly about what Modern Republican Style policies have done to our country. How few of us have prospered under their preposterous Trickle Down.

Trickled down and out already. Can we box up this Quarterly Profit Statement Driven, cruel modus operandi and work on something more sustainable already?

We're trying to do that already, and the Right Wing Distraction Machine is working overtime.

Can we band together and swat them out of the way? Have we enough outspoken Senators and Congresspeople willing to make the Democratic case and put millions of us back to work?

Gotta deprivatize; can't be helped. Gotta do more good government in-house.
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Jkid Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 07:46 PM
Response to Original message
18. And the richest families in America want to turn it into a third-world country.
Basically Venezuela before Chavez. If there was a real revolution, their assets would be seized the first chance they get.
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Overseas Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 07:50 PM
Response to Original message
19. K&R one more time. Thank you Senator Sanders !! //nt
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 11:22 PM
Response to Original message
20. Love Bernie--!!! And every day that we let this go on we are making our enemies stronger ....!!
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 11:27 PM
Response to Original message
21. Congress and other members of government now have automatic pay increases . . .!!!
Edited on Sat Jul-24-10 11:30 PM by defendandprotect

Thanks to Bush . . .

Paychecks in private companies are stagnant --

and now about 40% less than government wages!

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awoke_in_2003 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 07:44 PM
Response to Reply #21
39. Actually, the automatic pay raises
were in place before Bush. I hate the man, but he cannot be blamed for that one.
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-26-10 12:35 AM
Response to Reply #39
40. Just read that the other day . . .
probably something at Common Dreams -- but don't think I could pull it up at this

point --

My memory of it is that Congress did fairly well for themselves increasing their own

salaries -- and Judicial --

In fact, one of the horror stories which was told by former Rep. Pat Schroeder/CO was

that Tip O'Neill and Dick Gephardt decided not to contest New Gingrich after his first

term -- because Gingrich was in favor of a pay raise!!

Who are you saying put the "automatic" in place?

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awoke_in_2003 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-26-10 12:55 AM
Response to Reply #40
41. repukes, of course...
but it happened before Bush the lesser.
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-26-10 01:17 AM
Response to Reply #41
43. Looks like 20 years ago -- '88/'89?
Edited on Mon Jul-26-10 01:23 AM by defendandprotect




Fast check on it shows that Feingold was fighting to overturn the automatic --

here's some stuff from Yahoo -- and wow is it tough to get a straight answer to anything

these days from an internet search -- misdirection is more like it!!



The upshot is this: Instead of being forced to vote whenever they want to give themselves raises, Congress is holding to a system in which they only vote when they don't want raises. Hard to beat that deal.



http://search.yahoo.com/search;_ylt=AlaX8ZXD6z36yufToKw5BMibvZx4?p=Automatic+pay+raises+for+Congress%2C+when+put+in+place%3F&toggle=1&cop=mss&ei=UTF-8&fr=fp-yie8

Well - it was 20 years ago -- 1989?
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awoke_in_2003 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-26-10 11:14 AM
Response to Reply #43
46. they have a good gig...
that's for sure.
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-26-10 04:40 PM
Response to Reply #46
49. Just noticed that would have been POPPY BUSH ... so "Bush" is correct . .. !!!
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awoke_in_2003 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-26-10 08:47 PM
Response to Reply #49
52. Yep, when I hear "Bush"
my mind automatically snaps to the idiot son. :hi:
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-27-10 12:49 AM
Response to Reply #52
53. I know, it took me a while to figure it out . . . duh!!
:hi:
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-26-10 04:40 PM
Response to Reply #40
50. Note: This would be POPPY BUSH -- not W . . .
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Douglas Carpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 07:18 AM
Response to Original message
23. kick and recommend!!
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Solly Mack Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 07:22 AM
Response to Original message
24. k/r
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pleah Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 08:07 AM
Response to Original message
25. K&R
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Bluenorthwest Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 09:24 AM
Response to Original message
27. Bernie is often very correct
And he is here. I'd love to vote for Bernie someday.
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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 10:26 AM
Response to Original message
29. Glad to be # 100. Love Bernie Sanders!
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Jefferson23 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 11:14 AM
Response to Original message
32. Tell it Bernie, we love ya man! n/t
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DesertFlower Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 03:24 PM
Response to Original message
35. i wish bernie was my senator.
he's one of the few people i trust.
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DeSwiss Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 04:55 PM
Response to Reply #35
36. I wish everyone could have a Senator like Bernie. n/t
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-25-10 07:06 PM
Response to Original message
38. I wish every American would hear this and realize what's been done to us over 30 years. nt
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Ross K Donating Member (288 posts) Send PM | Profile | Ignore Mon Jul-26-10 12:58 AM
Response to Original message
42. Hey, if this guy's a Socialist (gasp!)
then sign me up!
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Hubert Flottz Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-26-10 01:19 AM
Response to Original message
44. I've been saying that for almost 10 years.
The American dream, has become the American nightmare. For all but the top 2%
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Greyhound Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-26-10 03:49 AM
Response to Original message
45. "The average American today is underpaid, overworked and stressed out"
Say it again, Bernie!
:kick:

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Enrique Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-26-10 11:34 AM
Response to Original message
47. omg! class warfare!
:thumbsup:

:kick: & R
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txlibdem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-26-10 11:43 AM
Response to Original message
48. Thank you Bernie Sanders!
One of the good ones.
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TBF Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-26-10 08:23 PM
Response to Original message
51. Error: you can only recommend threads which were started in the past 24 hours
Well, then, I'll kick it instead -

:kick: :kick:
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Desertrose Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-27-10 12:55 AM
Response to Reply #51
54. Same here....
another kick and if I could I'd rec' it.
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upi402 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-27-10 12:57 AM
Response to Original message
55. Kicking
the snot-bubbles out of this one!

Dear Bernie Sanders, such a heroic figure. Makes ya wonder who dropped the pearl in the septic tank.
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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-27-10 11:29 AM
Response to Original message
57. America is not an oligarchy, so stop saying that.
It's an oiligarchy.
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