Blog Catalog

Wednesday, March 9, 2011

Poor people fighting each other

The above is how I describe our current situation here in the US, regarding pay and benefits, it seems.

The following article further proved it for me:
Anger brews over government workers' benefits

When Erin McFarlane looks at public workers, she sees lucrative pension benefits she doesn't ever expect to get. And it makes her mad.
"I don't think that a federal employee or government employee is worth any more than anybody else who does their job and does it well," said the Slinger, Wis., woman. She's been working a couple of bartending jobs since January, when she was laid off from her job at a Harley Davidson plant after almost a decade.
She's not alone in seeing public servants as public enemies in some ways.
It's a case of pension envy.
Nearly unbelievable.
This woman and people all across the country are upset at middle-class government workers and others in their own financial status for having better benefits than their own but they aren't being critical of the fatcats in this country who are actually running things and who are actually benefiting from ripping all the rest of us off.

Is this woman upset at the bankers across the country who jeopradized the nation's and world's economies by selling worthless home mortgages and then selling them as triple-A rated bonds?

Oh, no.

She's upset that someone in the middle-class selected a better career course than she did.

This is the kind of thing that gets and keeps the Koch brothers rolling in their millions of dollars while we all tear each other apart, down here at the low end of the financial food chain.

Great idea---let's get upset at union workers in this country because, by gosh, they're ruining it for the rest of us, right?

Nonsense.

I got back to what Matt Taibbi has written about so well (see links below) and asked so many times and that is, why is no one from Wall Street being prosecuted for the theft they perpetrated on the American people?

Angelo Mozilo?  The guy who ripped off so many at least thousands of people nationally with his Countrywide Mortgage company out of California?

He paid a $27 million fine, got to keep his ill-gotten gains and he's scot-free.

But what are we doing to each other?

Why, we're tearing each other apart--the middle- and lower-classes--while the rich and uber-rich keep on flying off to their 2nd and 3rd and 4th and 5th homes--the ones with the palm trees--while they make more and more money and pay less and less taxes.

Suckers.

Links:  http://news.yahoo.com/s/ap/20110308/ap_on_re_us/us_benefit_envy
http://www.rollingstone.com/politics/news/matt-taibbi-courts-helping-banks-screw-over-homeowners-20101110
http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405
http://www.alternet.org/economy/150056/matt_taibbi:_why_isn't_wall_street_in_jail/
http://piggington.com/rollingstone_matt_taibbi_courts_helping_banks_screw_over_homeown

No comments: