Northern Valley Beacon
Information, observations, and analysis from the James River valley on the Northern Plains----- E-Mail: Enter 'Beacon' in subject box. Send to: Minnekota@Referencedesk.orgTuesday, October 18, 2005
War on the working class and poor
Prof. R called last night to make the point about the mild alleged economic recovery. He says the Bush administration is trying to attributte it to the tax cuts, but it is really spurred by the wild spending the administration has engaged in.
Meanwhile, the economy is the major weapon being used against the working middle class, now that it has been softened up.
Airplane mechanics at the bankrupt Northwest Airlines get a chance to vote on the proposal to eliminate 4,000 of their 4,500 jobs. Pilots and other workers have agreed to pay cuts.
United Airlines has changed the quality of future life for its employees by rescinding their pension benefits.
General Motors, once the invincible corporation, is on the brink of bankrkuptcy and is reducing the health benefits it pays to retirees.
Privatizing Social Security is on the back burner, but it is simmering away in the game plan of the ultra-regressives so that working people can be furthered lowered into social insecurity.
The administration says these measures are ones that have to be taken in our global economy. Global economy means returning the world to the Middle Ages when it was divided among nobles and aristocrats and serfs. Americans are headed for a new serfdom. At the design of the government currently in power.
After Katrina, when the administration and the ultra-regressives were nervous about potential revolts, they made vows to address poverty. A month later, they reneged on those vows, and are now renewing attacks against the middle class and poor.
This from the Washington Post:
Meanwhile, the economy is the major weapon being used against the working middle class, now that it has been softened up.
Airplane mechanics at the bankrupt Northwest Airlines get a chance to vote on the proposal to eliminate 4,000 of their 4,500 jobs. Pilots and other workers have agreed to pay cuts.
United Airlines has changed the quality of future life for its employees by rescinding their pension benefits.
General Motors, once the invincible corporation, is on the brink of bankrkuptcy and is reducing the health benefits it pays to retirees.
Privatizing Social Security is on the back burner, but it is simmering away in the game plan of the ultra-regressives so that working people can be furthered lowered into social insecurity.
The administration says these measures are ones that have to be taken in our global economy. Global economy means returning the world to the Middle Ages when it was divided among nobles and aristocrats and serfs. Americans are headed for a new serfdom. At the design of the government currently in power.
After Katrina, when the administration and the ultra-regressives were nervous about potential revolts, they made vows to address poverty. A month later, they reneged on those vows, and are now renewing attacks against the middle class and poor.
This from the Washington Post:
Beginning this week, the House GOP lawmakers will take steps to cut as much as $50 billion from the fiscal 2006 budget for health care for the poor, food stamps and farm supports, as well as considering across-the-board cuts in other programs.
It's called economic warfare. America was nice while it lasted.
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