Let's look at their behavior.
-Tax cuts in which the majority of the cuts go to the wealthiest of Americans.
-Cutbacks in Medicaid funding for the poorest Americans.
-No increase in the minimum wage in eight years.
-Kill the government promise of a guaranteed minimum retirement for every worker who retires.
Now the Congress is paying off the credit card companies with the new bankruptcy bill that does the following:
Elizabeth Warren of the new Talking Points Memo - Bankruptcy Bill points out that “Despite the very public bankruptcies of Enron, Worldcom, Adelphia, Polaroid, United Airlines, US Airways and TWA, there are no new provisions to rein in corporations that are paying millions to insiders while they cancel employee health benefits and wipe out retirement plans. Instead, this bill focuses on families, clamping down on people who have been driven to bankruptcy by job losses, by medical problems and by family break ups”
• Make debtors pay more to creditors, both in bankruptcy and after bankruptcy, so that a bankruptcy filing will leave a family with more credit card debt, higher car loans, more owed to their banks and to payday lenders.
• Make it more expensive to file for bankruptcy by driving up lawyers’ fees with new paperwork, new affidavits, and new liability for lawyers, so that the people in the most trouble can’t afford to file.
• Make more hurdles and traps, with deadlines that a judge cannot waive even if someone has a heart attack or an ex-husband who won’t give up a copy of the tax returns, so that more people will get pushed out of bankruptcy with no discharge.
• Make it harder to repay debts in Chapter 13 by increasing the payments necessary to confirm in a repayment plan, so that more people will be pushed out of bankruptcy without ever getting a discharge of debt
Now go back and look at my question in my previous blog. What is the Basic Value of the worker to our society?
Essentially the list above assumes that American workers are parasites who are sucking the value out of society and cannot be trusted to give anything back. But those with wealth can reach down into that mass of parasites and, like a diamond miner finding a diamond in the muck, occasionally find workers who will help build value to the companies that provide more wealth for the owners of today's wealth. But if they get sick, divorced or find themselves unemployed (the three main causes of bankruptcy) the credit card companies and payday loan companies still want their userous interest from them no matter what.
This isn't America. This is some strange cancerous plutocracy that I don't recognize, and it needs to be revised to bring it back to human values.
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