Class issues never went away

Renowned historian Howard Zinn, writing about the growth of the labor movement and the rise of class consciousness in America before, during and after the Civil War, argues that the two main political parties leveraged the issues of war and reconstruction - national issues - to quell the class conflict expoding during that period.

He writes: “On these issues the political parties took positions, offered choices, obscured the fact that the political system itself and wealthy classes it represented were responsible for the problems they now offered to solve.”

We can apply this quote to the current crisis America is facing - the credit crisis or financial turmoil or deep recession or worst recession since the Great Depression (call it what you will).

The Democrats and the Republicans took positions and offered choices on how best to deal with the economic crisis facing America and then acted as if they, and the wealthy classes they represent, were not the ones who caused it.

Everyone knows both parties are in the pockets of big money and that lobbyists with the most bling bling are the ones with the most bills bills. Democrats are trying to claim the high ground, like they have nothing to do with the way America looks today. Sure George W. Bush ran the country into the ground for eight years, but we also had major problems under Clinton.

A country with such wealth and such incredible poverty, and both are completely out of control. Ford Motor Co. recorded a $12.7 billion net loss in 2006 and gave its new CEO at the time $28 million for four months on the job. This is a guy who, together with the other "big three" CEOs from the auto industry, flew into Washington D.C. this week on a private jet to ask congress for a $25 billion bailout. Rep. Gary Ackerman, D-New York said at the hearing, "It's almost like seeing a guy show up at the soup kitchen in high hat and tuxedo. It kind of makes you a little bit suspicious."

While we're on the issues of soup kitchens, new government figures showed that nearly 700,000 people went hungry last year in America.

As much as the political parties, the wealthy they represent and the mainstream media want to avoid it, this has everything to do with issues of class. We need to call the problem what it is if we really hope to solve it.

So what do you do when the two political parties offer solutions and choices on how best to fix the problem while obscuring the fact that they, and the wealthy they represent, are responsible for it? Let me know what you think.

Child Hunger in US rose 50 percent in 2007

Now I'm really insisting that the top execs at Goldman Sachs, and all the rest of the banks, give back their bonuses. The same year bonuses all over Wall Street ballooned to unprecedented levels, 36.2 million adults and children struggled with hunger in the United States. And you're telling me we shouldn't be spreading the wealth?

I'd take what some would call socialism....(I call it fairness)....any day of the week over the current "free market rules all" version of democracy.

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No bonuses for Goldman Sachs?

At the end of 2006 Goldman Sachs awarded employees with over $16 billion in bonuses - an average of over $600,000 buckaroos per employee. 2007 was even better. That year Goldman employees shared nearly $19 billion in bonuses. Many of the bonuses were performance-based.

This year however, according to the New York Times, the top seven executives at Goldman won't receive bonuses. Goldman's spokesman reportedly said "they believe it's the right thing to do." Oh, how generous, how compassionate. How will they be able to put any food on the table this Christmas?

CEO Lloyd C. Blankefein raked in a salary and bonus worth over $68 million in 2007. The two co-presidents each earned around $67 million. The right thing to do is to give your bonuses back for the past three years. Use it to save your company and your job, instead of allowing the Bush administration to threaten disaster if taxpayers don't step in and save you.

Goldman Sachs recently received a $10 billion gift as part of the federal government's $700 bailout package.

So, let's see. Some simple math, hmm... take only 2006 and 2007, Goldman employees received over $35 billion in bonuses. I wonder if it's possible to use that much money in less than two years. There must be some money still lying around in safes, off-shore accounts and duffle bags hidden in storage. Surely, if Goldman's top executives scraped their cash together they could come up with some spare change. $10 billion sounds reasonable.

Hey, wait, I can't believe it. I just figured it out. They should bail themselves out. If you're homeless, on welfare, poor, unemployed, well, "pull yourself up by your bootstraps." What if you're a millionaire?