DOWNLOADS: (424)

PLAYS: (5516)

Embed

Cue the right-wing outrage over this Friday's Real Time with Bill Maher in 10...9...8... for the way he ended his New Rules segment while talking about the dangers of record income disparity in the United States:

MAHER: If you're rich, you should be begging the government to redistribute your wealth, because you know what happens in countries where there's a huge disparity between the rich and the poor? The rich get kidnapped. It happens seventy two times a day in Mexico.

He went onto talk about people resorting to using flame throwers on their cars in South Africa to stop it. He made a lot of really good points about what's happening to our society in the wake of the latest remake of The Great Gatsby being released, and our new Gilded Age which is worse than the last one. I'm sure all those on the right will hear is that he wants to raise your taxes and the clamor will be "Why doesn't he just volunteer to pay more himself?" -- because we all know how well just asking the wealthy to voluntarily pay more taxes, and only a tiny portion of them actually doing it, would work to solve our economic problems and the huge wealth gap we have now.

DOWNLOADS: (139)

PLAYS: (1063)

Embed

So much for all of that rhetoric about small businesses being the engine of our economy and job growth. After the news this week that Wal-Mart has decided to pull back its efforts to open a store in Brooklyn, New York amidst protests and political pressure, the talking heads on Fox's "business block" decided this was a perfect opportunity for another round of union bashing -- which is pretty much their favorite thing to do on Saturday mornings. However, panel member Dagen McDowell may have let one slip when she decided to attack "mom and pa" stores as well.

When it was pointed out by her fellow guest, Adam Lashinsky on Fox' Cavuto on Business this Saturday, that how many small businesses are going to end up being shut down if Wal-Mart is allowed in ought to be part of the debate, McDowell wound up the segment by saying that "mom and pa need to get over it."

And of course even though all of them had plenty of time to complain about how terrible those evil union thugs were for keeping that wonderful "job creator" Wal-Mart out of Brooklyn and for stomping on the hopes of all of those poor people out there just dying to get one of those minimum wage jobs, the true cost of the way Wal-Mart does business with shoving their costs onto the taxpayers never came up.

DOWNLOADS: (181)

PLAYS: (1342)

Embed

If anyone needs a break from the typical fare we're treated to on the bobblehead shows on Sundays, check out some of Chris Hayes' show from this Saturday. It's rare that this kind of in depth and comprehensive discussion happens, even rarer where the discussion is so good, it's worth highlighting multiple segments. But that's exactly the case with this discussion of President Obama's proposal to raise the minimum wage made during his state of the union address, that is already being clouded by the fog of talking points in DC:

Then we’ll dive deep on the president’s proposal to raise the federal minimum wage from $7.25 $9 an hour, and to index the minimum wage according to inflation, so that it keeps pace with the cost of living. Republicans and business groups have lined up in opposition to a minimum wage increase, and in doing so, they’ve repeated a talking point that has been common in Washington for decades: that an increase in the minimum wage would lead to reductions in employment. As it turns out, there’s a growing body of empirical evidence that indicates that minimum wage increases, within a certain range, have no negative impact on employment, and may actually boost worker productivity and consumer demand, providing a much-needed stimulus to the economy.

For the most part, Hayes' guests were outstanding and really informative to listen to, with the exception of the Hispanic Leadership Network's Jennifer Sevilla Korn. She may be the kinder, gentler face of the Republican Party with toned down rhetoric with respect to the immigration issue, but on Hayes' show, she was nothing but a right wing talking points regurgitation machine with little to no facts to back up her assertions.

If you listen to her carefully during her time on the show, she was challenged by Hayes quite a few times to give specifics for her claims about minimum wage supposedly causing businesses not to hire or that it might cause inflation. How often does that happen? And just like a typical conservative, she never answers him. The same can't be said for the others on the panel who were more than willing to talk about specifics and shoot holes straight through her talking points.

In the segment above, Lew Prince, owner of Vintage Vinyl, Inc. a small business in St. Louis, Missouri, talked about his invitation to come to the White House with a number of other small business owners and they were asked by President Obama "What can I do for you?" Prince recounted that the first thing they all said in unison was to raise the minimum wage to $10 per hour, because "putting three hundred bucks a month in the hands of the customers is the best economic stimulus the country can have and that money tends to get spent in the businesses more than any other."

Unlike Korn, Prince's point is backed up by research.

A 2011 study by the Chicago Federal Reserve Bank finds that minimum wage increases raise incomes and increase consumer spending, especially triggering car purchases. The authors examine 23 years of household spending data and find that for every dollar increase for a minimum wage worker results in $2,800 in new consumer spending by his or her household over the following year.

A 2009 study by the Economic Policy Institute estimates that Obama’s campaign pledge to raise the minimum wage to $9.50 by 2011 would inject $60 billion in additional spending into the economy.

The National Employment Law Project's Tsedeye Gebreselassie followed up by discussing the fact that 74 percent of the public supports raising the minimum wage. Unlike the conservatives speaking out against it, they understand that that one cannot live on the current wage and that the minimum wage has not kept pace with inflation. They know the opposition is with the lawmakers supporting the top wage earners only.

Korn cites some unspecified economist-- who of course isn't a partisan--telling her that raising minimum wage is going to cause inflation. While that might be true if it is raised too high or if the economy was in a period of stagflation, that's not the political environment we have now and Prince countered her argument quite nicely.

PRINCE: You won't get a business owner that says that and I'll tell you what, the portion of wages, that is in my cost, is actually relatively small and even in the manufacturing and a whole lot of areas. It is relatively small. My overhead is complicated and large, and the minimum wage and the wage, is actually a small part of it. And prices in America, this is, you know, the great secret – prices in America are not set by the cost of making something or doing something. Prices are set by what market research tells most companies you are willing to pay. You know, the reason a beer is ten bucks at Yankee stadium isn't because...

HAYES: Of course not.

PRINCE: … you can get it there to the bar across the street where it is two bucks.

In the next segment the panel discussed the two different arguments we're seeing from Republicans on why they're against raising the minimum wage. One being the that it will cause a negative effect on employment and the other being that it will cause price spikes that the system cannot absorb.

Continue reading »

DOWNLOADS: (237)

PLAYS: (2271)

Embed

From this Tuesday's The Daily Show, Jon Stewart let Fox's Charles Payne have it for his defense of Wal-Mart and their role in the fire at the Bangladesh garment factory, along with his attacks on labor unions in the United States. He also let Fox and the right wing have it for using the Hostess bankruptcy as another excuse to trash unions, while ignoring the other reasons the company went bankrupt.

DOWNLOADS: (148)

PLAYS: (733)

Embed

After the tragic fire this week which killed well over 100 employees of a Bangladesh garment factory, Fox "news" took the opportunity to, what else, bash labor unions in the United States, and to excuse Wal-Mart of any responsibility for the incident.

Fox Host: People Who Died In Walmart Factory Fire Were Thankful For Their Jobs:

The 129 Bangladeshis who died in a fire caused by poor fire safety conditions in their garment factory should be thankful for their jobs, according to Fox Business host Charles Payne. Speaking with Neil Cavuto on Fox News this Monday, Payne excused this Sunday’s fire as a rare event and labelled all critics of the unsafe conditions that contributed to the tragedy as anti-Capitalist:

PAYNE: It is tragic. I don’t think something like this will happen again. Don’t think that the people in Bangladesh who perished didn’t want or need those jobs, as well. I know we like to victimize everyone in this country, particularly when it comes to for-profit motivation, which is being assaulted. But, you know, it is a tragedy but I think it is a stretch, an amazing stretch, to sort of try to pin this on Walmart but, of course, the unions in this country are desperate.

[...] Some believe companies like Walmart — whose brands were found in the burnt factory — would move if production at the faculty were more expensive; that is, if things like basic safety precautions were implemented.

During his defense of the factory, Payne referred to himself as “a spokesman for capitalism and the American Dream” and said “for a lot of people, this [Walmart business practice] is a step in the right direction.”

DOWNLOADS: (135)

PLAYS: (1575)

Embed

It wouldn't be a Saturday morning on Fox "news" if they didn't have at least five or ten of these type of segments their so-called "business block," bashing unions and blaming workers for the problems with our economy. And as always on these shows, they have one Fox "Democrat" on there, who agrees to come on and be ganged up on five to one with very little chance to speak.

Host Brenda Buttner opened up the show asking if the protests against Wal-Mart and the airlines are a bigger threat to a jobs recovery than this "fiscal cliff" which is usually their favorite topic to fearmonger over and push for cuts to our social safety nets and austerity.

Naturally, most of them agreed and did their best to portray unions as the big, bad bullies, even though unionization in the United States is at an all time low and the companies as the poor, aggrieved parties who are being "kicked around" by those union thugs. And the unions are now going to get Congress to allow for easier unionization because President Obama won reelection, never mind the fact that Republicans are still controlling the House and that they couldn't get that passed when the Democrats did have both houses of Congress and the presidency.

I will give their lonely "Democratic consultant" Steve Murphy credit for at least pointing out that it's a good thing for the economy for workers to have money in their pockets and that wages are at all time low right now. He also pointed out that there are economies in northern Europe doing very well with high levels of unionization and that the United States' economy was doing better when we had higher levels of unionization as well, which of course was met by jeers and sneers from the rest of the panel members.

And of course the notion that we should be able to do anything about outsourcing, states competing against each other with a race to the bottom on wages was treated as an impossibility. And naturally, the topic of CEO pay, hedge funds and the Romney/Bain model of extracting wealth from companies, and the increasing income disparity we've seen for decades now never came up.

Another day on Fox, another day of divide and conquer and attack workers as being overpaid, or unreasonable for wanting to earn a living wage and maybe retire with some dignity before they drop dead. I'm sure their wingnut welfare from Uncle Rupert for spreading this anti-worker propaganda pays a whole lot better than those people out there working in the Walmart stores, or for the auto companies or for the airlines.

This has to be one of the most pitiful things I've read in a long time. It's bad enough that Romney refused to come off the campaign trail for a day and then pretended he wasn't really campaigning, but having a "relief event" instead. Now we get treated to this -- Romney compares Sandy relief to cleaning up after high-school football game:

And to buff his own image as a disaster-relief specialist, Romney compared the Sandy relief effort to … his experience cleaning up the field after a high-school football game. Seriously.

I remember once we had a football field at my high school. The field was covered with rubbish and paper goods from people who’d had a big celebration there at the game. And there was a group of us there assigned to clean it up. And I thought, ‘how are we going to clean up all the mess on this football field?’ There were just a few of us. And the person responsible for organizing the effort said, ‘Just line up along the yard lines. You go between the goal line and the 10-yard line, and the next person between the 10 and 20, and just walk down and do your lane. And if everybody cleans their lanes, we’ll get it done.’ And so today, we’re cleaning one lane if you will.

MSNBC’s Lawrence O’Donnell wasn’t buying it. In his Rewrite segment on Wednesday’s edition of The Last Word, he did a play-by-play on what he called the Romney campaign’s “fake” storm relief event.

“Because the desperate and shameless Romney campaign believes it cannot win the election without winning Ohio, Team Romney pushed their candidate out on a stage in Ohio yesterday,” O’Donnell explained. “Because the storm was still in progress in some states and the death count was climbing in New York and elsewhere, traditional political decency dictated that Mitt Romney be not caught campaigning yesterday.”

Buzzfeed also reported Romney campaign staffers stocked up beforehand on $5,000-worth of canned foods and other essentials at a Wal-Mart the night before — “to put on display while they waited for donations to come in.”

h/t Captain Kangaroo

As Digby noted, this is the same scheme we saw from Walmart that Michael Moore featured in his movie, Capitalism: A Love Story. Apparently Texas Gov. Rick Perry thought selling "dead peasants insurance" was something he could con the states retired teachers into as well so Wall Street could profit from their deaths.

Here's more from the HuffPo -- Rick Perry Sought State Profits From Teacher Life Insurance Scheme:

Two weeks before Thanksgiving in 2003, top officials from Texas Governor Rick Perry's office pitched an unusual offer to the state's retired teachers: Let's get into the death business.

Perry's budget director, Mike Morrissey, laid out a pitch that was both ambitious and risky, according to notes summarizing the meeting provided to The Huffington Post.

According to the notes, which were authenticated by a meeting participant, the Perry administration wanted to help Wall Street investors gamble on how long retired Texas teachers would live. Perry was promising the state big money in exchange for helping Swiss banking giant UBS set up a business of teacher death speculation.

All they had to do was convince retirees to let UBS buy life insurance policies on them. When the retirees died, those policies would pay out benefits to Wall Street speculators, and the state, supposedly, would get paid for arranging the bets. The families of the deceased former teachers would get nothing.

The meeting notes offer the most direct evidence that the Perry administration was not only intimately involved with the insurance scheme, but a leading driver of the plan.

It was a back-room deal at odds with Perry's public persona as a career politician who had successfully sold Texans on his vision of minimal government intrusion. And it still is. Nearly eight years after the meeting, when Perry formally announced his run for the presidency in Charleston, S.C., he honed that vision into the perfect applause line: "I'll promise you this," he had said in his West Texas drawl. "I'll work every day to try to make Washington, D.C. as inconsequential in your life as I can." Read on...

I guess Perry doesn't mind that "big government" interfering in your life if it means they can make a profit from your death.

Time for your weekly Driftglass and Bluegal podcast. Hang in there Driftglass. I'm sure unfortunately there are a lot of others here who share your pain right now with this terrible economy and the disaster in the Gulf.

You can listen to past editions here and at http://dgbgpodcast.blogspot.com/, and the podcast is also available on i-Tunes. If you enjoy these as much as I do, donations are greatly appreciated. Please consider throwing five bucks in the hat.

Keith's Special Comment on the Supreme Court ruling to end limitions on campaign financing which will result in the purchasing of government officials--Special Comment: Pandora's Box:

OLBERMANN: In short, there are now no checks on the ability of corporations or unions or other giant aggregations of power... to decide our elections.

None.

They can spend all the money they want.

And if they can spend all the money they want -- sooner, rather than later -- they will implant the legislators of their choice in every office from President to head of the Visiting Nurse Service.

And if Senators and Congressmen and Governors and Mayors and Councilmen and everyone in between are entirely beholden to the corporations for election and re-election to office, soon they will erase whatever checks there might still exist to just slow down the ability of corporations to decide... the laws.

Continue reading »