The MSM seems to be using meaningless sensationalism to distract us from such sensitive issues as the U.S. Iraqi occupation. Take for example the endless hours of coverage of the side of Mt. Hood where 3 historically insignificant men have gotten lost and in all likelihood perished sadly. Kinda distracts from the bigger national issues doesn’t it?
Well, I propose that the U.S. occupation of Iraq is itself a huge distraction from the even more important issue of the Class Warfare we are facing. While the rich fleece this country with one hand, with the other hand they are pointing at Iraq and Laura’s cancer and a dog that got run over by a train and lived.
And it is working like a charm.
the White House press corps asked more questions about Laura Bush’s skin condition than they did about any other issue:
22: Number of questions on Laura Bush’s skin cancer.
18: Number of questions on Iraq.
3: Number of questions on Iran.
1: Number of questions on North Korea.
“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.” –Warren Buffett
The divide between rich and poor in America has never been greater. And Wall Street giant Goldman Sachs just widened that divide. The firm is lavishing its bankers, traders and stockbrokers with more than $16.5 billion in end-of-year bonus loot–the most ever doled out by a Wall Street firm.
Most of the Wall Street trading houses had a profitable year , but Goldman’s was spectacular–or, rather, obscenely spectacular: Its profits climbed 70 percent to $9.5 billion, up from $5.6 billion last year.
The fattest of Goldman Sachs’s fat cats are reported to be hauling in a cool $25 million each. (And some reports say that at least 25 of its “hottest” managers will each take home $100 million bonuses.)
These are times when the combined wealth of the 400 richest Americans (see the 2006 Forbes 400 list)– a record-breaking $1.25 trillion–is about the same cumulative wealth of half the US population, numbering 57 million households.
These are also times that cry out for smart, big and bold economic policies–ones that can save America’s democracy before it tips, forever, into plutocracy. Right now, it teeters on the edge.