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Russell Simmons

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Economic Inequality Must Be Part of the Debate!

Posted: 10/17/2012 3:21 pm

The future of our democracy is at stake. For four decades, the divide between the rich and the poor has been widening -- that didn't just start with this administration. We have allowed our government to be bought and sold by a few lobbyists and the billionaires and millionaires who line their pockets with oil, prison, war, gun and insurance money. In those forty years, there has not been anyone that has represented these hijackers of our democracy better than "Money" Mitt Romney. He is THEIR guy! That is precisely why the Super PACs spend most of their money on his campaign (4 to 1), because they know that he is for sale, like a NASCAR driver.

Simply put, Mitt Romney works for the corporations, while Barack Obama works for the people.

Eighty-five percent of Americans believe that corporations have too much control of our government. They've taken a choke hold on our politicians and created a deeply flawed democracy, where money from lobbyists can completely disempower an entire group of people. This is what has happened to the poor and working class in this country. Every single policy that has disempowered the poor has been the result of some lobbyist backed by some rich guy who exploited the poor for a hefty return on their "investment." For a small investment on behalf of these rich men, lobbyists have persuaded lawmakers to create policies that create the enormous economic inequality that we see in this country. How do you think they fill up the prisons? Fight two wars at once? Invade countries that have oil, but gas prices still go up? Deregulate Wall Street bankers? They pay them! THIS is what created the economic inequality over the past forty years.

What is at the root of economic inequality? Mitt Romney has "new and improved" ways to exploit the working class. He will privatize everything and sell off our country to his buddies in the boardroom. Bush tried it and we stopped him. Now "Money" Mitt is trying to finish where George W. Bush left off.

So, Mr. President, this must be your legacy issue. This must be how we remember your eight years in office. You are the people's president. You don't break down the American people into percentages of the "haves" and the "have-nots." You have always represented 100 percent, whether they voted for you or not. You have always stood up for all of us. That is why you took the right step in your agenda by supporting the use of a constitutional amendment to overturn Citizen's United, the Supreme Court ruling that allowed for corporations to be considered people, thus funneling billions of dollars into campaigns. One of the worst rulings in the history of our nation. We must overturn that ruling in your second term.

We are counting on you to restore our democracy back to the voters. We are counting on you to continue standing up to lobbyists and corporations and tell them that our democracy is NOT for sale, as you have done during your first term. We are counting on you to frame this properly, so all the people fully understand the stark difference between you and "Money" Mitt. We are counting on you to explain to the American people that "Money" Mitt Romney will say anything, do anything and certainly accept anyone's check to get into the White House. We are counting on you to always represent the people!

 

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The future of our democracy is at stake. For four decades, the divide between the rich and the poor has been widening -- that didn't just start with this administration. We have allowed our government...
The future of our democracy is at stake. For four decades, the divide between the rich and the poor has been widening -- that didn't just start with this administration. We have allowed our government...
 
 
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Alwayspissedoffatsomeone
Liberalism = Stultification of the Brain
10:44 PM on 10/21/2012
Ah yes... the "they have it and I don't" mantra the left so loving wields at every turn of the page. It's always been there and always will be, folks. It's called achievement. Some acquire things through years of hard work and others simply wish for it. They cry that the gap between the rich and poor is ever growing. Well I hate to break it to you but the rich can always get richer because.....that's what they know how to do, make money. But alas, the poor can't really get any poorer, can they? So the divide will always grow. It's not the fault of the rich for outpacing the poor, rather the poor aren't keeping pace. Follow?
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jeanrenoir
10:20 PM on 10/21/2012
Russell, the VAST majority of my fellow white voters don't give a damn about inequality for blacks, and think poor whites are "lazy" too. That's why Romney probably will defeat Obama. This is a moral tragedy for America, but you're living in a dream world if you think there's actually a strong majority of American voters, including all blacks, women, and Latinos, much less poor whites, that wants to fight inequality. MOST Americans have the values of Fox News and Rush Limbaugh. That's why the country is headed down the tubes. I wish this were not the case, but this election will prove that it is. Obama only won on a fluke, because of the collapse of Wall St. just before the election, which scared just enough white voters about McCain to elect Obama, who was behind McCain and PALIN! until Wall St. fell apart. Most Americans care nothing about economic justice, as we'll see when they elect Romney and Ryan, largely because they WANT the poor to be punished for being "lazy" and don't want to be taxed a penny to help them.
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herdingcats2012
Trying to Control the Uncontrollable
09:48 PM on 10/21/2012
Well written and provocative blog, Russell Simmons! As I was reflecting on what was written here I couldn't help but think about something I read earlier today. In the book “With Liberty and Justice for Some” by Glen Greenwald he states:

“Similarly, for Adams, inequality was both inevitable and natural, even divinely ordained: “It already appears, that there must be in every society of men superiors and inferiors, because God has laid in the constitution and course of nature the foundations of the distinction.”

What self-respecting venture capitalist wouldn’t seek to exploit that language for his own profit--or the profit of his loyal followers? Is it in this context Romney referred to the Constitution as "divinely inspired?"

I agree-Obama should make it clear--our Government is NOT for sale!
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UnknownSolider
09:33 PM on 10/21/2012
Russ you cited that 85% of Americans believe Corporations have too much control over our government........ Too bad only 47% of VOTERS feel that way according to Mitt.
08:56 PM on 10/21/2012
Let me begin by stating that I (unfortunately) voted for Obama and I am NOT a Romney supporter in any way shape or form. Your statement, "Simply put, Mitt Romney works for the corporations, while Barack Obama works for the people" is so absurd that it would laughable if it wasn't tragically false.

Obama is bought and paid for by the exact same corporations as Romney. Look at the top 20 donor lists? Super pac? Who do you think funds those? Has Obama ended the war or the war profiteers? NO. Has he cracked down on big oil like BP even with the justification of a global natural disaster? NO. Has he called for regulation of derivatives? NO.

Your NASCAR analogy is spot on, but both drivers have cars covered in corporate sponsors. There is NO candidate of or for the people in this election.
04:06 PM on 10/23/2012
Alpina, this is Spot on. At this point, and with the proven decline of our country for 3 straight terms - they're both the lessor of 2 evils.
Obama had his chance for "change" and "hope" and we are clearly still sliding, don't kid yourself, educate yourself.
Romney is an ex-investment banker married to his track record & corporations. He's just another Bush. A Wall Street player, a crook.

They're both spending ridiculous, massive amounts of capital to win. The amount is ludicrous.

America has outgrown the antiquated two party system.

The proof is out there. In Global Student Assessment & University Awarded Bachelor degrees as of 2009 for USA. See the October issue of The Atlantic.
This is horrific:
1) USA has fallen to #21 in Science
2) USA has fallen to #14 in Basic reading
3) USA has fallen to #30 in Basic Math
4) USA awarded only 4% Bachelor's Degrees in 2009. China awarded 31% - in 1999 it was Reverse.

This is our future. Our students are our future. This is proof of more rapid decline and Obama & Romney skirt the truth.
Same with real Unemployment numbers: The numbers they quote Do Not include 1099 workers (over 28% of the workforce) nor people out of work over one year. They put a PR spin on the truth.

Voting for either will obviously lead us further on the path of decline.

There are other choices, they won't win this time but the foothold will begin.
01:57 AM on 10/24/2012
I completely concur. These two are bought and paid for by the same paymasters. We have democracy in name only. When corporate interests hand pick the candidates, we are simply choosing 2 sides of the same coin. Either way it lands, the American people are the losers. Neither of these represent the best and brightest but instead, they are the most polarizing to create an illusion of choice for the ill informed, bovine masses, all the while maintaining the status quo. Its a puppet show masquerading as democracy. Do you hate abortion or love it? Who cares, pick either choice and ConAgra, Halliburton, Mcdonnell Douglas, Goldman Sachs,Triple Canopy, Raytheon, XE and Exxon Mobil will still make TRILLIONS over the next 4 years.
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Russ1962
Open minded skeptic
08:51 PM on 10/21/2012
What is happening in America is Crypto-Oligarchi. A phrase I coined (as far as I know). The entire Republican party and about half of the Democratic party are either under the control of the wealthy and their interests or are themselves part of the ruling elite.

The problem as I see it is our forefathers never foresaw that private citizens and corporations would ever get so large and powerful that they would influence government. Or that greed would become the universal lowest common denominator in the country.
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Bishop999999999
08:38 PM on 10/21/2012
How much economic inequality is acceptable?
08:05 PM on 10/21/2012
This is why the U.S. needs to EXPAND the LIving Wage Law.
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franchise2m
I'm platinum mad!
08:00 PM on 10/21/2012
The growing trend in income inequality is one of the reasons I can't believe the Republican claims to have the answers to "fix" the economy.

The wealthy have more capital than the have ever had in the past and this has not translated into a boom for the middle class..

In fact, as the Republicans themselves point out, the middle class continues to decline.

The Republican promise of fueling the economy by giving even more incentives to the wealth makes no sense. It just means the middle class will be hit even harder...we have enough 'trickle down" as it is and it's obviously not working.

How would policies that result in even more income disparity work out better for the middle class?
07:21 PM on 10/21/2012
Any semblance of income equity is now out of reach.
10:52 PM on 10/21/2012
What is income equality? Is it taking from someone who has put in 60 to 100 hours a week since he started working and is now 58 years old? This person, who now is considered on the lower rung of wealth. This person who started with absolutely nothing and was never given anything. Do you honestly think it would be fair to take from him and give to someone who would never dream of putting 60 to 100 hours of work a week? Would it be fair to give to those who just want to get by...who change jobs frequently and think they are owed something without putting forth the effort. Who decides who is worthy of taking from him and giving to the others? It is nothing but stealing from the producers of society and giving to the takers. You earn it or you don't get it, pure and simple,
09:43 AM on 10/22/2012
I will turn the question around on you.
Do you think it fair that the upper 1% owns 95% of all wealth?
It is a fantasy to think that correlates with harder or more work on the part of The Wealthy?
What is income equity?
For starters, how about subsistence, how about dignity, how about food and shelter?
The less of this the more EVERYONE pays a price in some manner, though it is graduated up to those with the most, who care least.
But there are many with little who don't care about others either.
It is a simple divide. A matter of temperament, some would say morality.
06:36 PM on 10/21/2012
When you give away your millions and get a job at the national average, I will listen to you rant about the evil rich.
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mountain man col
My Wordpress site is "reasoningpolitics"
06:10 PM on 10/21/2012
Any discussion about income inequality that fails to bring up globalization is doomed to be filled with mindless partisan talking points, just like the article above.

Every advanced economy is dealing with this issue, regardless of whether or not they have dealt with the issues this article brings up. When even Sweden is starting to see income inequality increasing you know the problem is bigger than these left vs right points.
Phargraves2
Free Men & Free Markets
05:57 PM on 10/21/2012
Dear Mr. Simmons,

If income inequality is so terrible ( you are worth Millions & Millions more than Mitt Romney) you can always give your money to the gov't to absolve your guilt. The fact is that President Obama is down in the polls because he has a TERRIBLE RECORD!!

* BENGHAZIGATE- Coverup! Our Ambassador and 3 Americans DEAD!!

* FAST & FURIOUS - Coverup! - 200+ Mexicans dead and a US Federal Agent Dead! (Remember Watergate, there were NO deaths involved and a President was forced OUT!)

* 23 Million Unemployed & Underemployed
* 44 Months Unemployment over 8%
* 46 Million People on Foodstamps!
* 7.8% Unemployment (It took 4 years and an unprecedented 6 Billion $$ to get us back to where he started)
* 14% Female Unemployment
* 12% Black Unemployment
* 11% Hispanic Unemployment
* 50% Recent Grad Unemployment
* 65.% Workforce Participation - the LOWEST in 31 Years
* 100% Increase in Food Stamps
* 1.25% Growth
* 8.2% Drop in Household Income during Obama's term
* 2 Credit Downgrades (the first in US History!)
* 100% Increase in Gas Price
* 40% Loss to average family net worth
* 25% Increase in in state college tuition
* 15% Increase in Food Prices
* $5 Trillion in additional debt
* Embassies attacked and our Ambassador dead

President Obama's policies are a DISASTER!!
03:50 PM on 10/22/2012
Truth ^
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cintirich
Support the Constitution, not talking points.
05:56 PM on 10/21/2012
Good call!

I suppose you have GOLD COVERED WALLS in your dining room to remind yourself about economic inequality every night at dinner, right?
04:48 PM on 10/21/2012
"Romney works for the corporations, Obama works for the people..." We can't be too sure about that can we? The money that funds their campaigns is out of reach for most Americans, small contributions just don't add up to make the average citizens concerns amount to anything.
Both candidates have to answer to the major contributors. Have you seen the list of contributors to the Super-Pacs? Get the idea? PEACE