NP Rank:
NATION OF WHINERS GOES ON SUICIDE BINGE !
Get a third job ! Sell a vital organ ! Move in a card box by the river ! …but stop your whining buba ! You are but a victim of your own imagination, you suffer from a severe case of "mental recession" ! Now get over it !
*************************************************************
Suicide Spreads as One Solution to the Debt Crisis
Now that’s a definitive way to shut up & STOP THE WHINING indeed !
You know what ? America is NOT a nation of whiners ! Quite the opposite !
Americans are way over the top indulgent !
For their leaders & institutions; they are naive beyond belief. Although used, abused & oh so confused by their so-called leaders, big media and this one-sided economic system they keep on chuging along wanting to believe.
The real whiners are that 1% of happy few plutocrats and their 90% + of the whole shabang. They are the ones we are bailing out. They are the ones constantly lobbying & begging for more deregulation & tax cuts. They are the welfare corporations slaughtering US's middle class and making them feel guilty about it too…
The Big Squeeze: Steven Greenhouse on Tough Times for the American Worker
A new book by New York Times labor reporter Steven Greenhouse examines how much of the American workforce is working more but earning less. Wages have stagnated, health and pension benefits have grown stingier, and job security has shriveled.
STEVEN GREENHOUSE explains a few things on DEMOCRACY NOW…
There’s this big squeeze on the nation’s workers, wages have been flat, health and pension benefits are getting worse, at the same time corporate profits have gone up very, very nicely. Employee productivity has gone up 15, 20 percent, yet wages have been flat, plus companies are pressuring workers, you know, to work harder and harder.
And that’s part of a broader health crisis in the nation, where, since the year 2000, even though we’ve had pretty good economic times until the last few months, nine million more Americans are out of work than was the case in 2000. So now, almost 50 million Americans, nearly one-sixth of the workforce, is uninsured. And you think how crazy that is, in ways. You know, we’re the world’s wealthiest nation, yet one-in-six workers are out of work.
And another, you know, health statistic that surprised me when I was researching the book was, United States spends about $6,500 per person for health coverage, which is more than twice what France and Germany spent, about two-and-a-half times what Japan spent, yet, you know, they have universal health coverage. They have longer life spans than Americans. Yet, you know, we spend twice as much, and one-in-six people are uninsured. So something is badly broken in the health system.
Things are out of whack, out of balance in the workplace, that corporate profits have hit record levels, employee productivity has really zoomed upward 15, 20 percent over the past six, seven years, yet, you know, wages have gone nowhere. Corporate profits, as a percentage of overall national income, have hit record levels, and wages, as a percentage of income, national income, have fallen to the lowest level since basically the Depression.
So, what’s wrong here? That’s a good question. I think part of it is that employees unions have much less bargaining power, much less power vis-a-vis corporations than was the case thirty, forty, fifty years ago. Part of that is weaker unions. Part of that is globalization has really increased corporate power over workers, because corporations can tell employees, “Look, if you don’t accept a wage freeze, we’ll just move your job to China or India. If you’re too vocal in demanding wage increases, raises, well, maybe you’ll be caught up in the next round of downsizing.” So I think
Wall Street, since the 1980s and the rise of the institutional investor, the rise of mutual funds, hedge funds, pension funds, Wall Street is exerting much more pressure on corporations to maximize their share prices, as you know, which means maximize profits, which often translates into lowering costs and especially lowering payroll costs. So a lot of managers will say, you know, the area where they have most flexibility to reduce cost and increase profits is on payroll. So that’s why we’re seeing all these waves of downsizing.
You know, in researching the book, I was kind of surprised, even shocked, that the United States is the only industrial nation without universal health coverage. We’re the only industrial nation without – actually, one of the very few nations in the world, one of four nations of the world, without paid maternity leave. We’re the only industrialized nation without a law saying everyone gets x number of vacation days. In the European Union, the twenty-seven nations, every worker is guaranteed four weeks’ vacation. And also, we’re the only industrialized nation where workers are not by law guaranteed a set number of paid sick days. So, you know, I think we still have a lot to learn from the so-called social democracies of Europe, in terms of their model versus our model.
A second thing, I think the nation, by and large, hasn’t paid enough respect to workers as workers. You know, all the attention is about, you know, the Bill Gateses, the Warren Buffetts, the A-Rods, the Paris Hiltons, and not enough about workers. I think workers, in many ways, have become invisible as workers. They’re seen as Bud drinkers or Oprah watchers, but they’re not really seen as workers who, you know, bust their derrieres day in and day out, you know, making the trains run on time, you know, cleaning hotel rooms. And I think if the news media or if politicians really started paying more attention, more respect to workers, that might discourage corporations’ CEOs from squeezing their workers so much.
Meanwhile, back to where we never left… Suicide is becoming an increasingly popular response to debt. James Scurlock's brilliant documentary, Maxed Out, features the families of two college students who killed themselves after being overwhelmed by credit card debt. "All the people we talked to had considered suicide at least once," Scurlock told a gathering of the National Association of Consumer Bankruptcy Attorneys in 2007. According to the Los Angeles Times, lawyers in the audience backed him up, "describing clients who showed up at their offices with cyanide, or threatened, 'If you don't help me, I've got a gun in my car.'India may be the trend-setter here, with an estimated 150,000 debt-ridden farmers succumbing to suicide since 1997. With guns in short supply in rural India, the desperate farmers have taken to drinking the pesticides meant for their crops.
Dry your eyes, already: Death is an effective remedy for debt, along with anything else that may be bothering you too. And try to think of it too from a lofty, corner-office, perspective: If you can't pay your debts or afford to play your role as a consumer, and if, in addition -- like an ever-rising number of Americans -- you're no longer needed at the workplace, then there's no further point to your existence. I'm not saying that the creditors, the bankers and the mortgage companies actually want you dead, but in a culture where one's credit rating is routinely held up as a three-digit measure of personal self-worth, the correct response to insoluble debt is in fact, "Just shoot me!"
...at that very moment...
GOING UP !
Top 1% share of total income
Income gap between rich and poor
Foreign debt as a percent of GDP
Age at which one can receive Social Security
Hunger
Consumer credit debt
Housing foreclosures
Severe poverty rate
GOING DOWN !
Real income
Real manufacturing wages
Percent of single women and mothers in the workforce
The bottom 40%'s share of national wealth
Older families with pensions.
Workers covered by defined benefit pensions.
The savings rate
US manufacturing jobs
ALSO...
Protest restricted/ignored
Dissenter labeled terrorist/traitor
False-flags
Elections suspect
Leaders benefit from wars/disasters
Use of propaganda/lies & partisan mass-media
Claims that War is needed for everchanging false reasons
Secret/extrajudicial/torture camps
Curtailed/suspended civil rights/liberties
Wiretap/intercept/surveillance net
Stealthily expands int'nl influence/power
Judiciary/Opposition ineffective/ignored
Legislation to defy Constitution
BTW, have you noticed that the good guys always win except on the news ?
"The essence of oligarchical rule is not father-to-son inheritance, but the persistence of a certain world-view and a certain way of life ... A ruling group is a ruling group so long as it can nominate its successors... Who wields power is not important, provided that the hierarchical structure remains always the same.": George Orwell, 1984
July 30, 2008 at 06:23 am by White Noise, 655 views, 11 comments





Most RecentMost Recommended Comments (11)
at 17:05 on August 13th, 2008
meanwhile...
Over one million U.S. homeowners have already lost their homes due to foreclosures since the mortgage crisis began last summer. Another one million homeowners are 90 days past due on their mortgages (foreclosure notices usually go out after 90 days) and two million more are 30 days past due, so three million more households may face foreclosure in the months ahead. If current policies do not change, it is estimated that up to five million homeowners would lose their homes due to foreclosure over the next few years. Five million is roughly 10% of the total number of homes with mortgages. This is clearly the worst housing crisis since the Great Depression, and will wreck havoc in the lives of millions of families unless something is done. A high foreclosure rate also has a deteriorating effect on surrounding neighborhoods, further depressing housing prices and quality of life.
Many of those facing foreclosure are low- to middle-income homeowners who were enticed into buying houses by fraudulent mortgage companies and low "teaser" interest rates that are adjusted up ("reset") after two to three years. As long as housing prices were increasing, homeowners could always refinance their mortgages and get a new teaser rate for another few years. However, now that house prices are falling, these homeowners can no longer refinance, and many of them cannot afford to pay the higher interest rates when they are reset. Falling prices also mean that many of these homeowners owe more on their mortgage than the current value of their house (i.e. they have "negative equity" in their house). The recession is also resulting in declining employment and income, meaning even more homeowners are struggling to make their monthly mortgage payments. The further housing prices decline, and the worse the recession is, the worse the foreclosures will be, in a vicious cycle.
at 17:08 on August 13th, 2008
Why do you think they droped the boom on Spitzer ?
MISSION ACCOMPLISHED INDEED !
...for who & at what cost ?
PREDATORY LENDERS' PARTNER IN CRIME by Eliot Spitzer.
How the Bush administration stopped the states from stepping in to help consumers. http://www.straightgoods.ca/ViewFeature8.cfm?REF=175
at 17:13 on August 13th, 2008
"Why the Bush Administration 'Watergated' Eliot Spitzer"
by F. William Engdahl, March 18, 2008
http://globalresearch.ca/index.p...ext=va& aid=8376
"A useful rule of thumb in evaluating spectacular scandals around prominent public figures is to ask what and who might want to eliminate that person."
AMERICA'S MIDDLE CLASS :: LOOSING GROUND !!!
THE CONTINUING STORY...
Stanley Kutler on Deregulation
"The Decriminalization of Corporate Crime" -- With our economic and financial crises deepening, government insiders reportedly are debating whether we need to restore some regulation—or not. Given the state of things, we can expect further woes and no regulation.
at 17:36 on August 13th, 2008
10 YEARS IN DA FUTURE !
at 17:40 on August 13th, 2008
"What is madness but nobility of soul
At odds with circumstance" ~ Theodore Roethke "In a Dark Time"~
Embarassement & satire aside, this is no ordinary fear campaign based on ignorance of facts induced by shameful propaganda designed to keep us all in line.
Check how the GOP and the media have perpetuated fear as a method to keep the population in a constant state of heightened alert. "The Science of Fear: Why We Fear the Things We Shouldn't--and Put Ourselves in Greater Danger."
Check this documentary for size...
THE POWER OF NIGHTMARES 1: THE RISE OF THE POLITICS OF FEAR
THE POWER OF NIGHTMARES 2: THE PHANTOM VICTORY
THE POWER OF NIGHTMARES 3: THE SHADOWS IN THE CAVE
9-11 was but a dry run, this nation’s psyche is on the block. Now comes the drill !
And nothing hits home more like personal economic despair. Used, abused & oh so confused America is about to fully understand the meaning of the age old saying…
If you don’t care about politics, politics will take care of you !
"America is the first empire to go from barbarity to decadence without going through civilization" - Oscar Wilde
Several internet sites this week have carried Barbara Ehrenreich's article "Suicide Spreads As One Solution To The Debt Crisis", this is just the beginning of people killing themselves and going crazy as collapse intensifies.
One feels the desperation and madness when visiting places in America's heartland where meth labs are well-stocked and the shelves of food banks echo abject emptiness. Listen to almost any middle or working class parent talk about getting their kids ready to go back to school-no money for school clothes and supplies even as school districts are already pleading for parents to kick in contributions for things the districts can't afford. Ask that wait person or barista serving you lunch or a now-very-occasional latte if she/he is making ends meet with paying rent, student loan debt, credit card payments, and buying food. Then don't ask if he/she has health insurance because you already know the answer.
Conspiracy freaks, nut jobs, doomers, paranoids, hysterical, dramatic, negative, catastrophizing, and let's not forget, lunatics abound but let’s face it , who will have time for such trivial pursuit of truth & happiness when you have to wonder where your next meal will come from…
The human ego loves to be "right", and some people prefer to watch the world burn with great glee and vitriol. But this is not the time for ego my friends; ego is what got us here.
It's about moving into the next phases of collapse with sensitivity, compassion, and humility, realizing that when people take their own lives in the throes of their own private and our collective collapse, there but for the grace of Something Greater goes any of us.
Excerpt from… http://carolynbaker.net
"If a nation expects to be ignorant and free, in a state of civilization, it expects what never was and never will be." - Thomas Jefferson
at 17:42 on August 13th, 2008
"Dictatorships start wars because they need external enemies to exert internal control over their own people." - Richard Perle
"We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light." – Plato
"It would be easier to pay off the national debt overnight than to neutralize the long-range effects of our national stupidity" - Frank Zappa
STATE OF THE UNION
"Private interests have looted the treasury, and the administration has sanctioned unrestrained fraud and corruption. We have watched Congress and the press become weak and willing handmaidens to those who would rip apart the fabric and laws of our democratic society. We hunger for the restoration of hope, common sense and purpose." - Jann S. Wenner 10/26/07 RS40
at 04:25 on August 1st, 2008
Meanwhile...
“A democratic civilization will save itself only if it makes the language of the image into a stimulus for critical reflection — not an invitation for hypnosis.” - Umberto Eco
"A cynical, mercenary, demagogic press will produce in time a people as base as itself " - Joseph Pulitzer"Short of a second American revolution, we’re pretty much f@*ked ! " - Unknown
at 18:11 on August 1st, 2008
Humor is the politeness of despair said the optimist ;)
VIVE LA FAYETTE !
at 17:16 on August 13th, 2008
Read my post http://www.nowpublic.com/world/inflation-deflation
at 13:34 on October 13th, 2008
US: Shelters and Soup Kitchens Hold Crisis Front Lines:
Wall Street may be in the throes of agony, but business is booming at the Holy Apostles Soup Kitchen a bit farther north in the Manhattan neighbourhood of Chelsea. And that's not particularly good news.
http://www.ipsnews.net/news.asp?idnews=44198
at 03:50 on October 20th, 2008
Arson, Suicide, and Murder Mark the Economic Crisis, and We're Not Hearing About it Violent reactions are bubbling up across the country to new economic realities. Tools http://www.alternet.org/democracy/103656/