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General News    H4'ed 6/19/12

Take Back the American Dream II: Congress Comes to Take Back Progressives

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We must foster love, care, and respect for all, she continued. I didn't dare even mumble that as a youth I harbored such aspirations myself.

We must fight to take the huge dollar signs out of politics; to overhaul our educational system because education, like voting, is a right, not a privilege. We must not allow the interest on Stafford loans to be doubled.

Let's get done what Congress cannot, she concluded.

Damon Silvers, Director of Policy and Special Counsel for the AFL-CIO, said that listening to Molly made him feel better about this country.

He reminisced about a profile of the twentieth century done sixty years ago by Time magazine. Seventy years ago, he said, the United States restructured family debts and got people back to work, reinvesting in the economy, a solution Europe most lately hasn't followed. Financial growth in Asia is slowing. Paul Krugman calls this dismal era a depression, not a recession.

Following a generation of bad policy, that is, financial deregulation and wage suppression, cam the advent of austerity and increased joblessness, resembling the situation in Europe in the 1930s, which opened the door to fascism and communism, and depression.

A low-wage/high-income society is untenable, continued Silvers, calling Citigroup and the Bank of America "zombie banks."

We can't afford to ignore climate change.

Our competitors have a huge advantage over us; our real estate train wreck and inflated student debt must give way to positive change--investment in domestic society rather than overseas high finance of whatever description. We're in a fiscal trap that will lead to massive long-term unemployment.

The Simpson-Bowles agenda cuts entitlements and extends the Bush tax cut; the Democrats respond with appeasement, giving things away to make things better while the people want Social Security and Medicare to expand.

Social Security represents the healthiest part of our economy. Medicare is not a problem but a solution. And higher education is a right, not a privilege.

Repealing the Bush tax cuts is not enough. The entrenched power of money in politics must be removed. This is the view of the American labor movement, struggling as it is from a receding foothold in the U.S. economy.

If the growing hordes of unemployed took to the streets, perhaps more police and emergency responders would be hired? You go, Occupy.

 

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Marta Steele is an author/editor/blogger who has been writing for Opednews.com since 2006. She is also author of the 2012 book "Grassroots, Geeks, Pros, and Pols: The Election Integrity Movement's Nonstop Battle to Win Back the People's Vote, (more...)
 

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