FacebookTwitterGoogle+RedditEmail

Turkeys

by PHILIP FARRUGGIO

Terrorism will never destroy this republic. No “rogue nation” or Bin Laden or Saddam Hussein will bring us to our knees, with ‘weapons of mass destruction”. What will cause our downfall will simply be Greed.

As we sit at our family gatherings this Thanksgiving holiday, the 99% of us who share in but 13-15% of this nation’s wealth, we should be thankful that “facts” do not lie, and that the truth is but at our fingertips.

In Kevin Phillips excellent “Wealth and Democracy”, he states repeatedly how the 1% of our population (owning 85-87% of Americas wealth) “feed off” we turkeys. In the 2001 Economic Report of the President, it states that corporate taxes in 1950 were 26.5% of total Federal tax receipts while employee payroll taxes were 6.9% of the same receipts. In 2000, corporate taxes were 10% and payroll taxes 31%! In the late 1960’s corporate CEO pay was around 25 times that of their hourly workers. In 1988 it averaged to 93 times. By 1999 it was up to 419 times!

On top of that, US workers, who in the 50’s and 60’s worked less hours than their Japanese & European counterparts, now work more than workers of any other industrialized nation. So, in essence, the 1% have gotten their elected (or bought?) reps to make laws shifting the burden from the super rich to the overworked.

Calling all baby boomers: think back to your childhood. How many of you had mom home while dad “won the bread”? During the 50’s & 60’s more families had one major wage earner – many mothers worked part time. Now, Thanksgiving 2002, its a “gimmee” that both parents work or their house or car gets repossessed. How many of you out there took a job because “of the benefits” and sacrificed low pay and terrible job conditions (mean, cheap bosses, no frills workplace)?

Irony, like irons, always hurts when hot. The irony is that during this past election cycle, as in all others for that matter, real core economic issues (like the aforementioned) were never made public. The media, owned and run by the 1%, were too busy giving us the “stuffing, not the meat”!

So, fellow turkeys, we are the 99% of this nation – they are the minority.

Lets raise our voices and demand reform, locally, statewide and nationally. Remember, the turkey that runs around only looking “straight ahead” usually winds up on someone’s dinner table!

Philip A Farruggio is a baby boomer Brooklyn NY born bred and educated (Brooklyn College ’74), Currently, he resides in Florida and is self employed as a mfg. rep for an environmental bacteria company. Philip writes for many publications as a free lance columnist. He has been published on 12 times this year alone. He can be reached at <brooklynphilly@aol.com>

 

Philip Farruggio, son of a longshoreman, is “Blue Collar Brooklyn” born, raised and educated (Brooklyn College, Class of ’74). A former progressive talk show host, Philip runs a mfg. rep. business and writes for many publications. He lives in Port Orange, FL. You can contact Mr. Farruggio at e-mail: brooklynphilly@aol.com.

More articles by:

CounterPunch Magazine

minimag-edit

bernie-the-sandernistas-cover-344x550

zen economics

May 24, 2017
Paul Street
Beyond Neoliberal Identity Politics
Daniel Read
Powder Keg: Manchester Terror Attack Could Lead to Yet Another Resurgence in Nationalist Hate
Robert Fisk
When Peace is a Commodity: Trump in the Middle East
Kenneth Surin
The UK’s Epochal Election
Jeff Berg
Lessons From a Modern Greek Tragedy
Steve Cooper
A Concrete Agenda for Progressives
Michael McKinley
Australia-as-Concierge: the Need for a Change of Occupation
William Hawes
Where Are Your Minds? An Open Letter to Thomas de Maiziere and the CDU
Steve Early
“Corporate Free” Candidates Move Up
Fariborz Saremi
Presidential Elections in Iran and the Outcomes
Dan Bacher
The Dark Heart of California’s Water Politics
Alessandra Bajec
Never Ending Injustice for Pinar Selek
Rob Seimetz
Death By Demigod
Jesse Jackson
Venezuela Needs Helping Hand, Not a Hammer Blow 
Binoy Kampmark
Return to Realpolitik: Trump in Saudi Arabia
Vern Loomis
The NRA: the Dragon in Our Midst
May 23, 2017
John Wight
Manchester Attacks: What Price Hypocrisy?
Patrick Cockburn
A Gathering of Autocrats: Trump Puts US on Sunni Muslim Side of Bitter Sectarian War with Shias
Shamus Cooke
Can Trump Salvage His Presidency in Syria’s War?
Thomas S. Harrington
“Risk”: a Sad Comedown for Laura Poitras
Josh White
Towards the Corbyn Doctrine
Mike Whitney
Rosenstein and Mueller: the Regime Change Tag-Team
Jan Oberg
Trump in Riyadh: an Arab NATO Against Syria and Iran
Susan Babbitt
The Most Dangerous Spy You’ve Never Heard Of: Ana Belén Montes
Rannie Amiri
Al-Awamiya: City of Resistance
Dimitris Konstantakopoulos
The European Left and the Greek Tragedy
Laura Leigh
This Land is Your Land, Except If You’re a Wild Horse Advocate
Hervé Kempf
Macron, Old World President
Michael J. Sainato
Devos Takes Out Her Hatchet
L. Ali Khan
I’m a Human and I’m a Cartoon
May 22, 2017
Diana Johnstone
All Power to the Banks! The Winners-Take-All Regime of Emmanuel Macron
Robert Fisk
Hypocrisy and Condescension: Trump’s Speech to the Middle East
John Grant
Jeff Sessions, Jesus Christ and the Return of Reefer Madness
Nozomi Hayase
Trump and the Resurgence of Colonial Racism
Rev. William Alberts
The Normalizing of Authoritarianism in America
Frank Stricker
Getting Full Employment: the Fake Way and the Right Way 
Jamie Davidson
Red Terror: Anti-Corbynism and Double Standards
Binoy Kampmark
Julian Assange, Sweden, and Continuing Battles
Robert Jensen
Beyond Liberal Pieties: the Radical Challenge for Journalism
Patrick Cockburn
Trump’s Extravagant Saudi Trip Distracts from His Crisis at Home
Angie Beeman
Gig Economy or Odd Jobs: What May Seem Trendy to Privileged City Dwellers and Suburbanites is as Old as Poverty
Colin Todhunter
The Public Or The Agrochemical Industry: Who Does The European Chemicals Agency Serve?
Jerrod A. Laber
Somalia’s Worsening Drought: Blowback From US Policy
Michael J. Sainato
Police Claimed Black Man Who Died in Custody Was Faking It
Clancy Sigal
I’m a Trump Guy, So What?
FacebookTwitterGoogle+RedditEmail