Move to China and you can get in on the action by making your own shirt. It
only takes 20 hours a day of low paid labor.
Frank
-----Original Message-----
From: blind-democracy-bounce@xxxxxxxxxxxxx
[mailto:blind-democracy-bounce@xxxxxxxxxxxxx] On Behalf Of Carl Jarvis
Sent: Monday, June 27, 2016 9:59 PM
To: blind-democracy@xxxxxxxxxxxxx
Cc: Miriam Vieni <miriamvieni@xxxxxxxxxxxxx>
Subject: [blind-democracy] Re: Clinton's right-wing economic agenda and the
fight for socialism
How do I get in on a deal like this? Wall Street Bankers gamble with our
money...and we lose our shirts. Then the Wall Street Bankers buy new shirts,
send us the bill and put the shirts on themselves.
I guess we must like this deal, otherwise you'd think we'd be raising all sorts
of Hell.
Carl Jarvis
On 6/27/16, Miriam Vieni <miriamvieni@xxxxxxxxxxxxx> wrote:
Nice platform. The summary of Hillary's speech is distressing, to say
the least.
Miriam
-----Original Message-----
From: blind-democracy-bounce@xxxxxxxxxxxxx
[mailto:blind-democracy-bounce@xxxxxxxxxxxxx] On Behalf Of Roger Loran ;
Bailey (Redacted sender "rogerbailey81" for DMARC)
Sent: Monday, June 27, 2016 11:05 AM
To: blind-democracy@xxxxxxxxxxxxx
Subject: [blind-democracy] Clinton’s right-wing economic agenda and
the fight for socialism
https://www.wsws.org/en/articles/2016/06/24/clin-j24.html
Clinton’s right-wing economic agenda and the fight for socialism
By Jerry White—SEP candidate for US president
24 June 2016
Wednesday’s speech by Hillary Clinton in Raleigh, North Carolina makes
it clear the Democratic Party’s presumptive presidential candidate, if
elected in November, would escalate the anti-worker economic agenda of
the Obama administration that has already created the greatest levels
of social inequality in modern American history.
Since clinching the nomination, Clinton has sought to assure both Wall
Street and the military intelligence apparatus that she would be a far
better steward of the domestic and foreign interests of American
capitalism than her Republican opponent Donald Trump. She reiterated
Wednesday that Trump would “run up our debt and cause another economic crash.”
Clinton has already lined up the support of billionaires Warren
Buffett and George Soros and a list of former executives from some of
corporate America’s largest companies, including General Motors, Delta
Air Lines, Costco and Alphabet, the parent company for online search giant
Google.
She also has received far greater backing from Wall Street than Trump.
Well aware that the seething social discontent in America prohibits
her from simply repeating President Obama’s absurd claims that life
has never been so good, Clinton sought to cover her right-wing
economic proposals with rhetoric about economic inequality, largely
borrowed from the campaign of Bernie Sanders.
She referred to stagnant and falling real wages, long-term
joblessness, the crushing debt burden students face and the nation’s
decaying schools and infrastructure without mentioning that Obama,
with her full support, had overseen this state of affairs for the last
seven-and-a-half years.
Clinton gave the novel explanation that well-meaning business leaders
and politicians from both parties—“whose sincerity I do not
doubt”—were simply misguided. “Too many leaders in business and
government have lost sight of our shared responsibility to each other
and to our nation. And they let Wall Street take big risks with
unregulated financial activities.”
She failed to mention that it was her husband Bill Clinton’s
administration that abolished the Depression-era Glass Steagall Act
and deregulated the financial industry, spurring one financial bubble
after the other, culminating in the 2008 crash and the social
catastrophe that followed. For their services, both Clintons have been
handsomely rewarded.
“We need to make sure our economy works for everyone not just for the
rich or the well-connected,” Clinton preached with a straight face.
At the same time, Clinton reiterated Obama’s nostrum that those
without work or serious prospects for a future were largely at fault
because they were not keeping up with technological advances. “The old
model of work where you could expect to hold a steady job with good
benefits for an entire career is long gone.” She praised the
“flexibility” of the new jobs that have been created—largely
part-time, low-paid and so-called independent contractors—suggesting
that 401(k)s and health benefits should be “portable”
from one job to another.
So what does Clinton propose?
1. “We need to slash unnecessary regulations…Let’s free entrepreneurs
to do what they do best: innovate, grow and hire…they need to be free
from red tape.”
Translation: More tax cuts, deregulation and government payouts to
large corporations and start-up companies.
2. “Establish an infrastructure bank that will bring private sector
dollars off the sidelines and put them to work here.”
Translation: Instead of a public works programs, Clinton proposes more
“public-private partnerships” aimed at handing over public assets to
profit-making companies. This would accelerate the contracting out of
good-paying jobs and continue the slashing of public sector jobs,
which fell by more than 600,000 under Obama.
3. “I want to expand incentives like the new market’s tax credit,
empowerment zones and other ideas that bring business, government and
communities together to create good jobs in poor or remote areas.
Places that have lost a factory or a mine, where generations of
families used to work.”
Translation: Companies will be given waivers from federal job safety,
environmental and wage and hour laws in order to entice US and
international corporations to exploit economic desperation in areas
already ravaged by deindustrialization.
4. “Rewrite the rules, so more companies share profits with employees
and fewer shift profits and jobs overseas.”
Translation: Boost the efforts of the trade union bureaucracy to push
so-called profit-sharing schemes, in lieu of wage increases. These
hold workers’ livelihoods hostage to economic crisis and the
shortsighted and even criminal business decisions of the corporate
bosses, over which workers have no control.
5. “ Let’s liberate the millions of Americans who already have student
debt by making it easier to refinance, just like a mortgage. Let’s
make it easier to have debt forgiven by doing national service.”
Translation: There will be no amelioration of the crushing levels of
student debt. Instead, students will be able to be subject to the same
predatory schemes that mortgage companies used in the run-up to the
housing market crash in 2007-08. Heavily indebted students should be
turned into indentured servants and forced to do “national service,”
which most ominously could include, if the Pentagon needs more
manpower, going off to fight America’s imperialist wars.
Clinton made sure to pay tribute to the trade unions—which have
collaborated in the slashing of wages and shifting of health care and
pension costs from the employers to workers, while reducing strikes to
the lowest level since World War II. Saying “I believe we should
strengthen unions,” she assured the labor bureaucracy that their
financial interests would be protected under a Clinton administration,
which would provide government funding to union apprenticeship
programs and facilitate the investment of union pension funds in
infrastructure and commercial development projects.
In a nod to the AFL-CIO, Clinton endorsed the economic nationalism
promoted by the unions, which has long been used to divide American
workers from their brothers and sisters internationally, subordinate
them to the profit interests of their “own” capitalists, and pave the
way for trade war and militarism. Earlier in the week, she denounced
Trump for using Chinese labor to produce his brand name suits and
ties.
Well aware that the millions of workers and young people who voted for
Sanders largely hate her pro-business policies and record, Clinton
urged young people in particular not to “grow weary” with their
miserable situation. “There are great ideas out there,” she said
pathetically, “we are going to be partners in a big bold effort to
increase economic growth and distribute it more fairly.”
As the Socialist Equality Party’s candidate for US president, I reject
the right-wing economic policies advanced by Clinton, which are
dictated entirely by the profit needs of American capitalism. The
working class in the US and around the world did not create the global
economic crisis and must not pay for it!
The SEP calls for a vast redistribution of wealth to secure basic
social rights, including the right to a decent-paying job, quality
education, affordable housing, universal health care, a dignified
retirement and access to leisure time and culture.
The SEP advances a program not for the improvement of capitalism, but
for the establishment of socialism. The social rights of the working
class cannot be secured without a direct attack on the interests of
the capitalist class and the domination of the financial aristocracy
over economic life.
This means an end to the private ownership of the large corporations,
with all those valued above $10 billion transformed into publicly
owned enterprises under the democratic control of the working class.
To provide quality jobs to all those who need them, the SEP calls for
a multi-trillion-dollar public works program to rebuild infrastructure
throughout the country.
We furthermore call for an end to the squandering of trillions of
dollars on weaponry to conquer and oppress workers in other countries.
Instead, trillions should be poured into social needs, to hire
millions of doctors, nurses, teachers, construction workers and others
to raise the material and cultural level of the population and put an
end to poverty and want forever.
Regardless of who is elected in November, whether it is Trump or
Clinton, the ruling class is preparing to escalate the assault on the working
class.
I call on all workers and young people to prepare for the struggles to
come by supporting our campaign and joining the Socialist Equality Party.
Sign up for the latest news from the SEP Election Campaign
To receive the SEP Election email newsletter, including the latest
news, videos and statements from the campaign, sign up here.
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