By Michael Collins
If you are twenty four or younger, you are likely either under or unemployed. Only about 60% of those 16 to 24 years old are in the labor force (those employed or seeking jobs). Their unemployment rate is 18%.
For years, Money Party lackeys, our (s)elected officials, put out a propaganda line that said, Get an education or there’s no future for you. Well, lots of people got a college or trade school education or on the job training and there are no jobs for them.
By Ted Rall
America’s New Radicals Attack a System That Ignores Them
“Enraged young people,” The New York Times worries aloud, are kicking off the dust of phony democracy, in which “the job of a citizen was limited to occasional trips to the polling places to vote” while decision-making remains in the claws of a rarified elite of overpaid corporate executives and their corrupt pet politicians.
“From South Asia to the heartland of Europe and now even to Wall Street,” the paper continues, “these protesters share something else: wariness, even contempt, toward traditional politicians and the democratic political process they preside over. They are taking to the streets, in part, because they have little faith in the ballot box.”
The rage of the young is real. It is justified. It is just beginning to play out.
By New York City General Assembly
This document was accepted by the NYC General Assembly on September 29, 2011:
As we gather together in solidarity to express a feeling of mass injustice, we must not lose sight of what brought us together. We write so that all people who feel wronged by the corporate forces of the world can know that we are your allies.
As one people, united, we acknowledge the reality: that the future of the human race requires the cooperation of its members; that our system must protect our rights, and upon corruption of that system, it is up to the individuals to protect their own rights, and those of their neighbors; that a democratic government derives its just power from the people, but corporations do not seek consent to extract wealth from the people and the Earth; and that no true democracy is attainable when the process is determined by economic power. We come to you at a time when corporations, which place profit over people, self-interest over justice, and oppression over equality, run our governments. We have peaceably assembled here, as is our right, to let these facts be known.
Posted in Animals, Economy Economics, Energy, Environment, FDA, USDA, Food & Farming, Healthcare, Housing, Labor, Land Grab, Prisons, Privacy, Resistance
Tagged banksters, class war, economy, food control, Housing, jobs, occupy nyc, occupy wall street, ows, troy davis, unions
How new media, old media and rampant unemployment combined to stoke the worst riots Britain has seen in years
BY Michael Goldfarb
LONDON, United Kingdom — I knew we were in for a rough night here in Stoke Newington in the London Borough of Hackney when my wife called me at 5 p.m. from Sainsbury’s, our local supermarket, to say she was in a lock down. They were shuttering the place and the police were telling her trouble had already started outside the Hackney Town Hall. The cops told her to go home and stay off the streets.
I took her call as I was walking into the local library to return a book. Inside, the librarians were watching a BBC live feed on their computers of action a mile and a half away. One of the librarians explained he lived over there.
Posted in Economy Economics, Neoliberalism, NWO, Resistance
Tagged austerity, banksters, class war, david cameron, economy, jobs, london riots, protest, Unemployment
By Michael Collins
The Money Party is a very small group of enterprises and individuals who control almost all of the money and power in the United States. They use their money and power to make more money and gain more power. It’s not about Republicans versus Democrats. The Money Party is an equal opportunity employer. It has no permanent friends or enemies, just permanent interests. Democrats are as welcome as Republicans to this party. It’s all good when you’re on the take and the take is legal. Economic Populist
Negative job growth for eleven years is the best evidence concerning our economic troubles. There were 135 million jobs in 2000 for a workforce of 144 million. Today, there are 139 million jobs for a workforce of 154 million. That represents negative job growth when you factor in population growth.
Job growth in this economy hit a dead calm in 2000 and is now moving backwards. If the issue isn’t raised, how can we address the phenomena?
Not $1 More campaign
There’s a lot of talk in Congress about our budget these days and it’s all about one thing: Spending less money. But there’s one place that nobody, not Congress, the President or the press wants to talk about belt-tightening – the Pentagon.
It’s just plain silly: Over half of all the money Congress makes decisions on goes directly into the Pentagon’s pocket, and that doesn’t even count the money for the actual wars! If we’re already discussing cuts to stuff that Americans really need – like job training, home heating assistance, and research into clean energy – then EVERYTHING needs to be “on the table” for cuts.
By Michael Collins
The Republican crazies are in a celebrity death match with sleepwalking Democrats. It is a fabricated drama amounting to not much of anything in terms of the nation’s well being. The stakes are supposedly the shutdown of the United States government at midnight this Friday. But the most pressing issue isn’t discussed on Capitol Hill.
Why can’t anyone in a position of power mention the unmentionable? There have been no net new jobs in the United States since 2000. There were 137 million employed citizens that year. There are 139 million employed citizens today. This comes into clear focus when you consider the size of the workforce for 2000 and 2010; 143 million versus 154 million respectively. There are actually fewer jobs in proportion to the workforce.
Isn’t this a worthy topic? Shouldn’t the story be carried nightly on a major network with a title like: Jobless America, Day 4112?
The Happy New Year Edition (with some good news about 2011)
The best thing about 2010 is that it’s over. It was a year filled with utter stupidity, mendacity, and greed beyond all bounds on the part of our rulers, also known as The Money Party. Lots of fiddling while Rome and the rest of the world burned. Knowledge is power and among the ruling elite in the United States, the power was off. Somebody forgot to pay the bill or paid with a bad check, no doubt.
A Decade of Job Stagnation In 2000, 135 million citizens were employed. In 2010 there were 139 million Americans employed. Given the 9.7% increase in population since 2000, we would expect to see at least 148 million citizens with jobs. Nobody much wants to talk about this or the true unemployment figures produced by the US Census called “U6”. That measure accounts for, “Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force.” Bureau of Labor Statistics
Posted in Economy Economics, Environment, Healthcare, Labor, Neoliberalism, War and Peace
Tagged 2010, 2011, citizens, class war, depression, employment, jobs, money party, new year, Recession, Unemployed
By Press TV
Financial crisis in the US is entering its third year, but recent studies show that many of the country’s cities and rescued banks are facing bankruptcy while the rich keep getting richer. Interview with Max Keiser, a financial journalist; Wayne Madsen, an investigative journalist; and Dr. Roger von Hanwehr, managing director of Arcxeon International.
By The Economic Collapse
If you still have a job and you can put food on the table and you still have a warm house to come home to, then you should consider yourself to be very fortunate. The truth is that every single month hundreds of thousands more Americans fall out of the middle class and into poverty. The statistics that you are about to read are incredibly sobering. Household incomes are down from coast to coast. Enrollment in government anti-poverty programs sets new records month after month after month. Home ownership is down, personal bankruptcies are way up and there are not nearly enough jobs to go around. Meanwhile, the price of basics such as food and health care continue to skyrocket. Don’t be fooled by a rising stock market or by record bonuses on Wall Street. The U.S. economy is not getting better. After World War II, the great American economic machine built the largest and most vigorous middle class in the history of the world, but now America’s middle class is disintegrating at a blinding pace.
By Mike Adams
The news about Obama’s health care reform just keeps getting worse — and we only find these things long after the bill has passed, of course. The newest revelation concerns a 3.8% tax on income from home sales and home rentals which will go into effect in 2013.
Depending on your income level, this could end up costing you thousands of dollars from the sale of a home (even if you’re a middle-class income earner). It would also place a tax burden on all rental income from any home you might rent out to others.
By Scott Paul
March 4, 2010 OurFuture.org
Four Democratic senators want to ensure that tax dollars are creating clean energy manufacturing jobs in America, not China. Now, they are under vigorous attack by the Obama administration and multinational companies, many of whom have heavily subsidized operations in Europe and Asia.
The senators are absolutely right: There should be no compromise in building the clean energy economy. It must be made in America. Otherwise, we’re simply trading dependence on oil from the Middle East for dependence on manufactured parts from China. And that’s not a trade-off worth making.
Posted in Economy Economics, Energy, Environment, Labor, Neoliberalism, Obama and Company, Region: China
Tagged Capacity, Green energy, jobs, Made-in-China, Manufacturing, Multinationals, outsourcing, Region: China, Subsidy, Tax dollars