Why the 99 Percent Keeps Losing

“Greed is good” I’ll never forget that line from the movie Wall Street, yes it was a movie, but it had a lot to say and looking back, it was a clarion call for change, unfortunately it was ignored because greed is as addictive as any drug of choice out there and it has been allowed to run rampant and unchecked for far too long. If only we had nipped it in the bud, who knows where we would be now and if the Great Recession would have even happened; since the movie was from 1987 before NAFTA, the repeal of Glass-Steagal and the Commodities Futures Act were ever put in place. I have to admit that even though the economy was doing well during the Clinton administration, these three accomplishments left a serious dent and a tarnish on President Clinton’s legacy that go along with the shame of what he did to poor Monica Lowinski. Since we have solid evidence of what has proven to be disastrous for working people, the middle class, the poor, the elderly and the millenials, basicially everyone who is not of the millionaire and above class, we have the blueprint right before our eyes to agitate for what is needed to be done. We most definitely have lawmakers in place who are working hard to try to correct the course of our income inequaltiy and the economic structuring of our nation such as Senator Bernie Sanders, Elizabeth Warren, Sherrod Brown and Al Franken. Moreover we have former Governor Martin O’Malley who has been writing a few op-eds speaking about the need for stronger financial regulations and reinstating Glass-Steagal, a breath of fresh air in contrast to Hillary Clinton. I realize that everyone has dreams of lotto, but that is such a waste of time and life, especially when there are far more realistic goals to dream about and work towards such as living wages, debt-free education, safe infrastructure, viable and sustainable energy and agricultural policies and a peaceful world. I can’t help but think that bigger is not better, we need to scale back the Walmart’s, the Amazon and the monoliths of corporate greed, I have such nostalgia for the neighborhood butcher, grocer and fish monger. I realize that nostalgia isn’t an endgame, but it does warrant some internal questions for ourselves and our society, why the nostalgia for simpler times, what do we miss precisely and can or should we bring it forward to today?

read the article:

http://www.huffingtonpost.com/robert-kuttner/why-the-99-percent-keeps-losing_b_6920092.html?utm_hp_ref=politics

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