Sunday, October 23, 2011

Shifting The Balance

Minnie Bee's Rant:

     A few days ago, I happened to catch a TV interview of two participants in the New York City "Occupy Wall Street" movement.  I don't know their names, or if they were movement "leaders."  They were both male - one black and one white -  and both appeared to be in their early to mid-thirties.   Both were articulate and thoughtful.  They were asked by the interviewer why they were there, and both gave similar answers.  They were there because they thought that ordinary people - the 99% -  no longer had a voice in government;  one said we needed to change the balance of power; the other, that he thought there needed to be a paradigm shift. 
     Lately, media people have been saying that the "Occupy Wall Street" movement has no central message.  I disagree.  The message - loud and clear - is that 1% of the households in this country have most of the money and most of the power, and the rest of us - the 99% - have what's left over;  that this is out-of-whack, imbalanced, and that something has to give.

     In the early to mid 2000's, our financial institutions were imbalanced:  companies and their stocks were overvalued;  houses were overvalued by bank appraisers, and banks made loans to people who, in a more balanced environment, would not have qualified for them.  Something had to give...and, ultimately, it did.  The banks, Wall Street, and the housing market went down like a house of cards.  The "Occupy Wall Street" movement is saying that something has to give...and it does.  The balance needs to be shifted.
     In its usual rush to oversimplify, sensationalize, and sell something, some in the mainstream (and not so mainstream) media have been comparing "Occupy Wall Street" to the "Tea Party" movement.  Nothing could be further from the truth.  While both groups are grassroots movements  of primarily middle class people who are seeking empowerment,  that's pretty much where the similarities end.  The Tea Party is a group of largely white, older Americans who, being political conservative extremists, distrust and dislike "big government,"  and favor the same deregulation mentality that perpetuated the economic imbalance we are now experiencing.   

     On the other hand, Occupy Wall Streeters  (or OWLLS as I like to refer to them  for Occupy WaLL Street and for their wisdom), are a racially, ethnically, chronologically (although primarily younger) and politically diverse group.  While they tend to be more left of center, they are primarily folks who realize that our economic and political systems need fixing,  and think that the ordinary guy and gal in the street should have more of a voice in fixing them  - "one person, one vote," as one of the interviewed men stated -  and that this means, above all else, that the balance of power needs to be shifted back from the 1% and more in the direction of the 99%.
    There are several things that can be done to  enhance the process of shifting the balance.  Of primary importance, of course, is putting more of the 99% back to work.  This is even more urgent in light of the approximately 40,000 troops who will be returning home from Iraq by the end of the year.   The American Jobs Act (AJA) will help to do that.   Like all things fashioned by humans, the AJA is not perfect.  One can always find fault with anything if that is one's focus.  However, it would put Americans back to work, and put them back to work in constructive ways: repairing , renovating, and rebuilding roads, bridges, rail, airports  and  schools.  In addition, more teachers, firefighters, police, and other first responders would be retained or rehired to teach our kids and keep our neighborhoods and families safe;  government loans for small businesses would  be more accessible;  payroll tax cuts and unemployment benefits would be extended, and hiring and retraining programs  would help veterans from the Iraq and Afghanistan wars find work.  The AJA, in fact, as forecasted by nonpartisan economists, would create approximately 2 million jobs.

     The AJA is not an end in itself, but a step in the right direction in shifting the balance.  Once it's in place, it can be refined and adjusted as needed.  The AJA needs to be passed;  the balance must be shifted.
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We create and keep U.S. jobs when we demand, promote, and buy Made in USA
goods and products.


Is your breakfast choice the quick, convenient, portable toaster pastry?  If it is, choose a competitively-priced "Made in USA" brand for your next purchase.  Check labels before buying, and feel free to post your own research to this blog. Remember, "distributed by" or "manufactured by" does not mean it was made here, regardless of the company address!

This week's recommended products:
      ·         Nature's Path Toaster Pastries - Product of USA by Nature's Path Foods, Inc.,
           Blaine, WA

·         Pantry Essentials Toaster Pastries - Product of USA by Lucerne Foods, Inc., Pleasanton, CA

NOT Recommended (made elsewhere):

·         Kellogg's Pop Tarts
 
Blog Sources:

http://www.whitehouse.gov/the-press-office/2011/09/08/fact-sheet-american-jobs-act

http://abcnews.go.com/blogs/headlines/2011/10/occupy-wall-street-protests-on-ge-ceos-lawn/

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