Saturday, January 23, 2010

Let's Be Honest

Gerald R. Lotierzo, Peace Action of CNY

Let’s face facts! The plutocracy rules and they will never cede any control to the rest of us. They run the government, the corporations, the media, the military, and they have bought our politicians lock, stock and barrel. What did citizens who lost their houses or jobs get? Nothing!

The middle class lifestyle is now a thing of the past. One in five Americans is unemployed, underemployed or just plain out of work. One in nine families can't make the minimum payment on their credit cards. One in eight mortgages is in default or foreclosure. One in eight Americans is on food stamps. More than 120,000 families are filing for bankruptcy every month. The economic crisis has wiped more than $5 trillion from pensions and savings, has left family balance sheets upside down, and threatens to put ten million homeowners out on the street. Yet Wall Street can receive billions in bonus money because they have self described brilliant people running hedge funds and investment firms. Five Wall Street Banks own 75% of all Bank Deposits in America.

The top 5 percent have more wealth than the remaining 95 percent of the population, collectively. If we object then the pundits, paid by the oligarchs, scream on radio and TV about the socialists who want to take your freedom away and people believe them. The sheep fall in line all the while being fleeced out of their middle class lifestyle. The top 1 percent of households’ average wealth is more than $12.5 million and if that is not a significant concentration of wealth then I don’t know what will convince people.

We need millions to march on Washington and demand from our government good paying jobs, universal health care, elimination of political campaigns being financed by special interests, and an end to government by the rich. The Republicans and Democrats have abandoned us and we in turn should abandoned them and usher in a new political order. Find out what other third party candidates are saying.

No comments: