Once again the workers get the shaft. Wall Street gets $700 billion, no strings attached. The government has essentially been privatized under the Bush Administration to line the pockets of Bush's self confessed "base," the haves and the have mores. The former head of the NASDAQ, Bernard Madoff, has been running a giant Ponzi scheme. Before he confessed to his sons what he had done he made sure to pay out $200-300 million in bonuses and gifts to those close to him.
Now comes the automobile industry bailout. Opinions about whether the bailout is a good idea aside, (although it does seem a little like investing in typewriters at the dawn of computers) there is an underlying effort to protect the wealthy while screwing the workers. Mostly Republican senators from anti-union southern states (where not coincidentally, major foreign auto plants are headquartered, due to taxpayer subsidies) have been arguing that the major problem of the auto industry is that the workers represented by the United Auto Workers (UAW) are adequately compensated.
Seeing an excuse to engage in union busting, these politicians are betraying their constituents and their duty to the nation.
There may be good reasons to oppose the auto bailout, but it is not because the workers are too well paid. It seems that we have reached a point in this country where most people are just grist for the mill. The workers represented by the UAW engaged in good faith negotiations to get the compensation they now have. On several occasions they have made concessions to the auto companies and given back agreed upon benefits in order to help their corporate bosses.
Why is it that those with the least must take all the brunt of the economic collapse? Workers take pay cuts and private equity firms get a cash bailout. According to recent stats, ten percent of the nation is behind on their mortgage payments, yet the banks are getting the money while the people are getting the streets. No accountability for the rich, but the poor must demonstrate that they "earn" what they get.
Ever had your credit card rate raised even though you make all your payments on time?
Why is it that banks can unilaterally alter the terms of a contract? Again, their investments must be protected, but the general public cannot even trust a contract with a corporation that is sufficiently large.
One of the factors that continues to hamper the revival of the economy is that banks are not lending. They've received their bailout money, but there is no money being loaned for homes, for business, for AUTO's. The rich man who owns the bank has been bailed out by us all. Now we must once again prove worthy to subsist.
Has any one considered that the problem is capitalism?
British Petroleum Gulf Oil Spill Costs
- 11 workers killed in initial blast
- Damage to Ocean Ecosystem
- 35,000 to 60.000 Barrels of Oil Per Day. That's somewhere between 1,500,000 to 2,500,000 gallons a day or 150 to 300 million gallons already spilled into the ocean as of July 27th by that estimate.
- Gulf Fisheries Industry
- Gulf Tourism (ongoing costs)
- Long Term Health Effects to Humans and Wildlife (to be determined)
Worst Oil Spills
- Kuwait 1991 - 520 million gallons: Gulf War I
- Gulf of Mexico 2010 - 206 million gallons: BP Oil
- Mexico, Bay of Campiche 1979 - 140 million gallons: Pemex Oil
- Trinidad & Tobago 1979 - 90 million gallons: Greek Oil Tanker Atlantic Empress
- Russia 1983 - 84 million gallons: Leaky Pipeline collapsed into Kolva River
- Iran 1983 - 80 million gallons: Tanker collided with Oil Platform
- South Africa 1983 -79 million gallons:Tanker Castillo de Bellver sank
- France 1978 - 69 million Gallons: Amoco Cadiz ran aground and broke in half.
- Angola Coastal Waters (700 miles at sea) 1991 - 51-81 million gallons: ABT Summer exploded at sea.
- Italy 1991 - 45 million gallons: M/T Haven Oil Tanker exploded.
- Source: Mother Nature Network. mnn.com. The 13 largest oil spills in history. by Laura Moss. Friday July 16, 2010.
Nuclear Accidents (Under Construction)
- 1957 Windscale, UK
- 1961 Idaho Falls, Idaho, US
- 1979 Three Mile Island, Pennsylvania, US
- 1984 Athens, Alabama, US
- 1985 Athens, Alabama, US
- 1986 Plymouth, Masachusetts, US
- 1986 Chernobyl, Ukraine, USSR
- 1996 Waterford, Connecticut, US
- 1989 Griefwald, Germany
- 1999 Ibaraki Prefecture, Japan
- 2002 Oak Harbor, Ohio, US
- 2004 Fukui Prefecture, Japan
- Source: Benjamin Sovacool
Mining Disasters (Under Construction)
- China 1942 - 1549 deaths
- France 1906 - 1100 deaths
- Japan 1963 - 447 deaths
- Wales 1913 - 438 deaths
- South Africa 1960 - 437 deaths
- Source: Epic Disasters Website
- Note: Do not look at the dates herein and conclue that mining disasters are a things of the past. Every year thousands of miners die worldwide in largely unreported accidents.
OIL IS OVER! - Resources
- The Dirt People - Ray Bawarchi (yes, that's me)
- The Razor's Edge - Somerset Maugham
- Demian - Herman Hesse
- Black Elk Speaks - Black Elk (as told to R. Neimur)
- The Quiet Don - Mikhail Sholokov
- Catcher in the Rye - J.D. Salinger
- Catch-22 - Joseph Heller
- 1984 - George Orwell
- Delicious Laughter - Jallahudin Rumi
- The Sybil - Par Lagerksvitz
- The Fixer - Bernard Malamud
- Spirits Rebellious - Khalil Gibran
- The Quiet American - Graham Greene
- Midaq Alley - Nagib Mafouz
- Cat's Cradle - Kurt Vonnegut
- Slaughterhouse 5 - Kurt Vonnegut
- Farenheit 451- Ray Bradbury
- We - Yevgeny Zamyatin
- John Coltrane - St. John the Divine
- Patti Smith
- The Clash - the only band that matters
- Billy Bragg
- Yo Mama's Big Fat Booty Band
- Art Blakey
- Death - pre-punk visionaries from Detroit
- PJ Harvey - Polly Jean, Polly Jean
- Woody Guthrie
- Michael Franti (Spearhead)
- Public Enemy
- Ray Charles - the Genius
- Bob Dylan
- Velvet Underground
- Flaming Lips
- John Doe & X
- The Beatles
opiate of the masses
- God is a comedian, playing to an audience too afraid to laugh. - Voltaire
- I do not feel obliged to believe that the same god who has endowed us with sense, reason and inellect has intended us to forgo their use. - Galileo Galilei
- The ink of a scholar is worth far more than the blood of a martyr.- Mohammad
- If you meet the Buddha on the road, kill him. - Sheldon Kopp
- No one will be free until the last king is strangled with the entrails of the last priest. - Louisa Mae Alcott
- When it is a question of money, everyone is of the same religion.- Voltaire
- If God were alive today, he'd be an athiest. - Kurt Vonnegut
- The god I worship is not short of cash, Mister. - Bono
- Jesus died for somebody's sins, but not mine. My sins they only belong to me. - Patti Smith
- God sure baked a lot of fruitcake baby, when Adam met the Eden lady. - Joe Strummer