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Bill Quigley

Bill Quigley

Posted: October 25, 2010 08:15 AM

Socialism? What a Joke! The rich and their paid false prophets are doing a bang up job deceiving the poor and middle class. They have convinced many that an evil socialism is alive in the land and it is taking their fair share. But the deception cannot last - facts say otherwise.

Yes, there is a class war - the war of the rich on the poor and the middle class - and the rich are winning. That war has been going on for years. Look at the facts - facts the rich and their false paid prophets do not want people to know.

Let Glen Beck go on about socialists descending on Washington. Allow Rush Limbaugh to rail about "class warfare for a leftist agenda that will destroy our society." They are well compensated false prophets for the rich.

The truth is that for the several decades the rich in the US have been getting richer and the poor and middle class have been getting poorer. Look at the facts then make up your own mind.


Poor Getting Poorer: Facts

The official US poverty numbers show we now have the highest number of poor people in 51 years. The official US poverty rate is 14.3 percent or 43.6 million people in poverty. One in five children in the US is poor; one in ten senior citizens is poor. Source: US Census Bureau.

One of every six workers, 26.8 million people, is unemployed or underemployed. This "real" unemployment rate is over 17%. There are 14.8 million people designated as "officially" unemployed by the government, a rate of 9.6 percent. Unemployment is worse for African American workers of whom 16.1 percent are unemployed. Another 9.5 million people who are working only part-time while they are seeking full-time work but have had their hours cut back or are so far only able to find work part-time are not counted in the official unemployment numbers. Also, an additional 2.5 million are reported unemployed but not counted because they are classified as discouraged workers in part because they have been out of work for more than 12 months. Source: US Department of Labor Bureau of Labor Statistics October 2010 report.

The median household income for whites in the US is $51,861; for Asians it is $65,469; for African Americans it is $32,584; for Latinos it is $38,039. Source: US Census Bureau.

Fifty million people in the US lack health insurance. Source: US Census Bureau.

Women in the US have a greater lifetime risk of dying from pregnancy-related conditions than women in 40 other countries. African American US women are nearly 4 times more likely to die of pregnancy-related complications than white women. Source: Amnesty International Maternal Health Care Crisis in the USA.

About 3.5 million people, about one-third of which are children, are homeless at some point in the year in the US. Source: National Law Center on Homelessness and Poverty.

Outside Atlanta, 33,000 people showed up to seek applications for low cost subsidized housing in August 2010. When Detroit offered emergency utility and housing assistance to help people facing evictions, more than 50,000 people showed up for the 3,000 vouchers. Source: News reports.

There are 49 million people in the US who live in households which eat only because they receive food stamps, visit food pantries or soup kitchens for help. Sixteen million are so poor they have skipped meals or foregone food at some point in the last year. This is the highest level since statistics have been kept. Source: US Department of Agriculture, Economic Research Service.


Middle Class Going Backward: Facts

One or two generations ago it was possible for a middle class family to live on one income. Now it takes two incomes to try to enjoy the same quality of life. Wages have not kept up with inflation; adjusted for inflation they have lost ground over the past ten years. The cost of housing, education and health care have all increased at a much higher rate than wages and salaries. In 1967, the middle 60 percent of households received over 52% of all income. In 1998, it was down to 47%. The share going to the poor has also fallen, with the top 20% seeing their share rise. Mark Trumball, "Obama's challenge: reversing a decade of middle-class decline," Christian Science Monitor, January 25, 2010. http://www.csmonitor.com/USA/2010/0125/Obama-s-challenge-reversing-a-decade-of-middle-class-decline

A record 2.8 million homes received a foreclosure notice in 2009, higher than both 2008 and 2007. In 2010, the rate is expected to be rise to 3 million homes. Sources: Reuters and RealtyTrac.

Eleven million homeowners (about one in four homeowners) in the US are "under water" or owe more on their mortgages than their house is worth. Source: "Home truths," The Economist, October 23, 2010.

For the first time since the 1940s, the real incomes of middle-class families are lower at the end of the business cycle of the 2000s than they were at the beginning. Despite the fact that the American workforce is working harder and smarter than ever, they are sharing less and less in the benefits they are creating. This is true for white families but even truer for African American families whose gains in the 1990s have mostly been eliminated since then. Source: Jared Bernstein and Heidi Shierholz, State of Working America. http://www.stateofworkingamerica.org/swa08_00_execsum.pdf


Rich Getting Richer: Facts

The wealth of the richest 400 people in the US grew by 8% in the last year to $1.37 trillion. Source: Forbes 400: The super-rich get richer, September 22, 2010, Money.com

The top Hedge Fund Manager of 2009, David Tepper, "earned" $4 billion last year. The rest of the top ten earned: $3.3 billion, $2.5 billion, $2.3 billion, $1.4 billion, $1.3 billion (tie for 6th and 7th place), $900 million (tie for 8th and 9th place), and in last place out of the top ten, $825 million. Source: Business Insider. "Meet the top 10 earning hedge fund managers of 2009." http://www.businessinsider.com/meet-the-top-10-earning-hedge-fund-managers-of-2009-2010-4

Income disparity in the US is now as bad as it was right before the Great Depression at the end of the 1920s. From 1979 to 2006, the richest 1% more than doubled their share of the total US income, from 10% to 23%. The richest 1% have an average annual income of more than $1.3 million. For the last 25 years, over 90% of the total growth in income in the US went to the top 10% earners - leaving 9% of all income to be shared by the bottom 90%. Source: Jared Bernstein and Heidi Shierholz, State of Working America.
http://www.stateofworkingamerica.org/tabfig/2008/01/19.pdf

In 1973, the average US CEO was paid $27 for every dollar paid to a typical worker; by 2007 that ratio had grown to $275 to $1. Source: Jared Bernstein and Heidi Shierholz, State of Working America. http://www.stateofworkingamerica.org/tabfig/2008/03/SWA08_Wages_Figure.3AE.pdf

Since 1992, the average tax rate on the richest 400 taxpayers in the US dropped from 26.8% to 16.62%. Source: US Internal Revenue Service. http://www.irs.gov/pub/irs-soi/07intop400.pdf

The US has the greatest inequality between rich and poor among all Western industrialized nations and it has been getting worse for 40 years. The World Factbook, published by the CIA, includes an international ranking of the inequality among families inside of each country, called the Gini Index. The US ranking of 45 in 2007 is the same as Argentina, Cameroon, and Cote d'Ivorie. The highest inequality can be found in countries like Namibia, South Africa, Haiti and Guatemala. The US ranking of 45 compares poorly to Japan (38), India (36), New Zealand, UK (34), Greece (33), Spain (32), Canada (32), France (32), South Korea (31), Netherlands (30), Ireland (30), Australia (30), Germany (27), Norway (25), and Sweden (23). Source: CIA The World Factbook: https://www.cia.gov/library/publications/the-world-factbook/fields/2172.html

Rich people live an average of about five years longer than poor people in the US. Naturally, gross inequality has consequences in terms of health, exposure to unhealthy working conditions, nutrition and lifestyle. In 1980, the most well off in the US had a life expectancy of 2.8 years over the least well-off. As the inequality gap widens, so does the life expectancy gap. In 1990, the gap was a little less than 4 years. In 2000, the least well-off could expect to live to age of 74.7 while the most well off had a life expectancy of 79.2 years. Source: Elise Gould, "Growing disparities in life expectancy," Economic Policy Institute. http://www.epi.org/economic_snapshots/entry/webfeatures_snapshots_20080716/


Conclusion

These are extremely troubling facts for anyone concerned about economic fairness, equality of opportunity, and justice.

Thomas Jefferson once observed that the systematic restructuring of society to benefit the rich over the poor and middle class is a natural appetite of the rich. "Experience declares that man is the only animal which devours his own kind, for I can apply no milder term to...the general prey of the rich on the poor." But Jefferson also knew that justice can only be delayed so long when he said, "I tremble for my country when I reflect that God is just, that his justice cannot sleep forever."

The rich talk about the rise of socialism to divert attention from the fact that they are devouring the basics of the poor and everyone else. Many of those crying socialism the loudest are doing it to enrich or empower themselves. They are right about one thing - there is a class war going on in the US. The rich are winning their class war, and it is time for everyone else to fight back for economic justice.


October 25, 2010 ++++++++++++++++++++++++++


 
 
 
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HUFFPOST SUPER USER
MiddleMolly
Working to better the USA!
04:29 AM on 12/25/2010
I just saw this article now, two months after it was published. I also wish it had more notice. Great article, thanks!
HUFFPOST COMMUNITY MODERATOR
cuardai
The beginning of knowledge is inquiry...
08:40 AM on 11/11/2010
It is disgusting that there are only 19 comments on this page. I'm putting this on my facebook and asking people to share it.
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ShanaJuly
11:57 AM on 11/11/2010
Thank you!!!
07:47 AM on 11/11/2010
I'm a little disgusted in myself for not having read this sooner.

This is everything I've been thinking and saying in the past year, backed up with facts.

Thank you, ShanaJuly, for leading me here.

The trouble, I think, is that the rich can live firmly in the knowledge that there's nothing to fear from the poor. Not economically, not judicially, and certainly not physically. I mean, come on! Half of the poor blindly support agendas, which directly harm them, pushed by people who consider them little more than highly-functioning insects.

We're doomed.
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ShanaJuly
08:34 AM on 11/11/2010
We are doomed if we keep letting the republicans give money to the wealthy...Use your voice now...NO Bush tax cuts for the wealthy...middle class yes...Housewives of Beverly Hills NO...thanks for making it 19 comments on this very informative, factual rendering...
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nanjemoy
first, check your satire-o-meter.
02:17 PM on 10/29/2010
I actually have to agree with the Tea Partiers on this one: the needed pressures against run-away Capitalism are in fact Socialistic.

Of course, the main issue is one of Democracy - power equality before the law. But ultimately that translates to wealth and the governance of resources. An example of this was the building of roads. Private land-holders had the property rights to build or not build roads - and to charge people to use them. But the government decided it was necessary for a modern society to have public roads, and it used eminent domain to take the land and public taxes to fund the construction.

This was also true in education. Public education struck a death knell to thousands of private school business opportunities by directly competing with those businesses. It was the correct decision of the government that private business would not do a sufficiently broad-based and equal job of educating our children - and the government decided that such an education was necessary to democracy in a modern society.

Notably, it took this act without compensating the private schools for their losses.

These acts, and hundreds of others, are acts of Socialism in counteraction to Capitalism's inability to meet the national interest.

The problem with the Tea Partiers is that they are so deeply unaware of their dependence on Socialism that they are able to vilify it.

(BTW, Capitalism's marketers vilify Socialism's successes all the time.)
11:40 PM on 10/28/2010
Darn shame this topic has so few posts. Goes to show you that the commom person has not a clue of what is going on. Then will wonder what happened when the walls come crashing down. So caught up in the nonesense. Like someone posted earlier, John Stewart topic got over 8,000 posts!

We want to keep our heads in the sand and medicate ourselves with dumb stuff instead of keeping up with what is really going on that will impact you on a daily bases. I'd bet I could walk down the street and ask 10 people who is there US. Representative, and 9 would not be able to tell me the answer.
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Klarsonent
Semi-retired landlady, small business entrepreneur
11:57 AM on 11/01/2010
You are correct. Sad, but true. Check out what Sarah Palin is saying to try to obstruct Obama's plan on the Bush tax cuts, which will be a huge topic under discussion after the November election.

Palin: Distorting Democratic Plans on the Bush Tax Cuts

http://www.politifact.com/truth-o-meter/article/2010/aug/04/distorting-democratic-plans-bush-tax-cuts/

And, here’s the rest of her file . . .

http://www.politifact.com/personalities/sarah-palin/

And, check out Sharon Angle’s record on politifact . . .

http://www.politifact.com/personalities/sharron-angle/
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08:01 PM on 10/28/2010
This should have been on the front page.

It was posted on Common Dreams:

http://www.commondreams.org/view/2010/10/25-0
Socialism? The Rich Are Winning the US Class War: Facts Show Rich Getting
Richer, Everyone Else Poorer | CommonDreams.org

There are 134 reader comments there.
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Blknight96
07:12 PM on 10/28/2010
This should be on the front page so that more people can see this, it's very good and love all the FACTS and not hyperbole.

Great blog!!!
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time4change2009
10:29 AM on 10/28/2010
Excellent....absolutely excellent breakdown of Truth and Fact. This REALLY needs to go viral.
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ShanaJuly
12:43 PM on 10/28/2010
I am doing my part to help it go viral. Sent it to the black radio hosts and others. Notice how many comments are here as opposed to an article where they can tear President Obama down and defend the defenseless and shameless republicans. The Jon Stewart article has well over 8,000 comments with the right attacking him at every turn but when it is truth involved they don't want to read or hear it...

Post it everywhere...
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Blknight96
07:45 PM on 10/28/2010
Joe Madison aka "The Black Eagle" spent the first hour of his show on XM169 The Power. He read the whole entire blog. So that is one Black radio host who did discuss it today.
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MeinNH
Ooooo Silly Me
10:04 AM on 10/28/2010
This is the reality of what is happening in America. We no longer have "the American Dream"....we can only hope for survival. Dust off the guillotine as my dad used to say.
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ShanaJuly
06:38 AM on 10/29/2010
Because here it comes...
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ShanaJuly
06:36 AM on 10/28/2010
This article was posted three days ago and nothing. Four now five comments have been recorded. The truth speaks for itself. The protectors of the rich and defenders of the defenseless are not here because they are somewhere else shilling for republicans. Folks, if you cannot see which party is representative of what is being discussed here, just look around you and it is there for all to see. Republicans are doing their best to get back in control so they can finish off the working and middle classes. I am not saying Democrats have been the best party, but they are not the republicans. Democrats have caved to the lies of republicans and have been complicit in helping them when they should have joined forces to defeat them.

This article is truthful and frightening. Republicans have successfully convinced Americans who can least afford to support them that President Obama and the Democrats are the creators of the big, fat mess they have always left America in. They have become known as the party that assaults the middle and working class while rewarding the wealthy even if it means borrowing to money to reward them with massive tax cuts. We all know the trickle down economics was and continues to be a dismal failure for most Americans. The assault continues now aided and abetted by the fourth estate which is owned by many republicans. There is no "liberal" media because if it were Americans would be rising up in protest.
10:36 AM on 10/27/2010
It seems incredible that the American people are still being sold the lie that socialism = Stalinism. But it seems to be true. How much this has limited the political vision over the generations is impossible to say in detail, but it would certainly have been a great help in creating the vast shanty town of poverty and degradation which is Lower America today.
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Gordon Soderberg
The Green Veteran
11:53 AM on 10/25/2010
Thanks Bill, as always, you hit the nail on the head. Class war in the US has always been waged on the poor. It if frightening to listen to people who are not rich blame their fellow class members for their financial situtation.
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MeinNH
Ooooo Silly Me
10:06 AM on 10/28/2010
People who blame the poor have the "I've to mine so f*ck you" meme down pat. I don't know what it is going to take for people to stop tugging their forelock to the wealthy masters and do something about it.
11:34 PM on 10/28/2010
Those shortsighted folks think one day they will be like the rich who blame the poor. They have been voting against their best interest for over 30 years now.
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NYCBri
10:08 AM on 10/25/2010
It is in this way that a country moves from a First World industrialized nation into a Third World former-empire.
09:07 AM on 10/25/2010
We have reached the point where the rule must be that whatever the right wing says the opposite must be true. Some examples: Obama is a socialist must mean Obama is a corporate liberal, corporate taxes are too high which means that many of them pay no taxes at all and they receive hundreds of billions of dollars in government subsidies, Obamacare is a government takeover means Obama's health care is a giveaway to the insurance monopolies without any control on costs.