11.26.10
Thanksgiving?
What for?
The U.S. Commerce Department reports today that corporate profits are at a record high, at a time when corporations are sitting on $1.8 trillion in cash reserves. At the same time, 15 million Americans are still looking for work.
Two years after the financial collapse caused by right-wing deregulation and corporate greed, Wall Street is handing out its biggest bonuses in history — more than $144 billion. At the same time, millions of working Americans are struggling to feed their families, pay their bills and keep a roof over their heads.
And the situation is set to get even more painful in the months ahead. Millions of Americans — 2 million in December alone — will be cut off from unemployment insurance. Republicans in Congress blocked an extension of this emergency lifeline just before leaving Washington, DC, for their Thanksgiving recess.
One of the president’s, and the Democratic party’s, faults — is that they never grasped the need for lynchings.
The Republicans know the value of burning people at the stake. At least they get the concept of revenge.