Democratic Sen., and Presidential candidate, Cory Booker is proposing a new “Baby Bond” program to help ease the state of inequality in America (read details below). If received well, and though not a true redistribution of wealth, us radical leftists should jump on the opportunity to push it even further.
“For properties valued between $5 million and $6 million, a 0.5 percent surcharge would be added on the value over $5 million. Fees and a higher surcharge would apply to homes that sold for more than $6 million, topping out at a $370,000 fee and a 4 percent surcharge for homes valued at more than $25 million.”
This would be huge in NYC where so many high end living spaces remain empty for they are just investments.
Would be great for a subway system revamp, and any leftover for remedying the housing crisis there.
A great Democracy Now! interview with a Caracas professor who, though being a Maduro critic, explains how U.S. aid is an attempt to incite the Venezuelan publics support for a Guaido/U.S. coup.
Also explains how U.S. sanctions are true cause for Venezuelan economic crisis.
Plus, for good measure, they have snippets of Trump spewing lies at one of his rallies calling Maduro a “Cuban Puppet.”
A great op-Ed by Nick Kristoff at the NYT explaining how, though lacking in first rate medical technology, the infant mortality rates are actually lower in Cuba. We could take away many good practices from the Socialist, island nation so close to our shores.
Taken from the Lincoln -Douglas debates from Civil War Pres. Abraham Lincoln entitled “Working and Taking” from Book V called “Revolt.” This chapter is summarized as to pertain to “The struggle to abolish injustice; the battle cries of the new army which is gathering for the deliverance of humanity.”
That is the real issue that will continue in this country when these poor tongues of Judge Douglas and myself shall be silent. It is the eternal struggle between these two principles that have stood the face to face from the beginning of time. The one is the common right of humanity, the other the divine right of kings. It is the same principle in whatever shape it develops itself. It is the same spirit that says “you toil and work and earn bread and I’ll eat it.”
The thoughtless wickedness with which we scatter sentences of imprisonment, torture in the solitary cell and on the plank bed, and flogging, and moral invalids and energetic rebels, is as nothing compared to the stupid levity with which we tolerate poverty as a if it were either a wholesome tonic for lazy people or less a virtue to be embraced as St. Francis embraced it. If a man is indolent, let him be poor. If he is drunken, let him be poor. If he is not a gentleman, let him be poor. If he is addicted to the fine arts or to pure science instead of trade and finance, let him be poor. If he chooses to spend his urban eighteen shillings a week or his agricultural thirteen shillings a week on his beer and his family instead of saving it up for his old age, let him be poor. Serves him right! Also-somewhat inconsistently-blessed are the poor!
Now what does this Let Him Be Poor mean? It means let him be weak. Let him be ignorant. Let him be a nucleus of disease. Let him be a standing exhibition and example of ugliness and dirt. Let him have rickety children. Let him be cheap and let him drag his fellows down to his price by selling himself to do their work. Let his habitations turn our cities into poisonous congeries of slums. Let his daughters infect our young men with the diseases of the streets and his sons revenge him by turning the nation’s manhood into scrofula, cowardice, cruelty, hypocrisy, political imbecility, and all the other fruits of oppression and malnutrition. Let the undeserving become still less deserving; and let the deserving lay up for himself, not treasures in heaven, but horrors in hell upon earth. This being so, is it really wise to let him be poor? Would he not do ten time less harm as a prosperous burglar, incendiary, ravisher, or murderer, to the utmost limits of humanity’s comparatively negligible impulses in these directions? Suppose we were to abolish all penalties for such activities, and decide that poverty is the one thing we will not tolerate-that every adult with less than, say, 365 pounds a year, shall be painlessly but inexorably killed, and every hungry half naked child forcibly fattened and clothed, would not that be and enormous improvement on our existing system, which has already destroyed so many civilizations, and is visibly destroying ours in the same way?
Living in Kentucky, I get a lot of news of Republican and Tea Party favorite Sen. Rand Paul, and it’s usually disappointing. But in a meeting in Memphis, TN (where there is a heavily African-American population) Sen. Paul came out for less restrictive voting laws.
According to an article in the NYT, he said these restrictions insults blacks and the poor who usually have a harder time obtaining an I.D. which are required by these new laws.
But as the last couple of paragraphs in the report states with quotes from G.A.Hardaway of the Tennessee General Assembly, is this a cynical ploy by Sen. Paul to make the GOP look like a kinder, gentler party which respects people with a lower socio-economic status?
Another great article in the NYT that was written by Annie Lowrey explains that though many poor families have more material wealth in terms of TV’s, smartphones, and an Internet connection compared to past times, they are becoming worse off in terms of economic inequality.
She explains that the reason for this “material abundance” for the lower SES population is due to the falling prices of goods as a result of global economics. But when it comes to expenses critical to moving out of poverty such as education costs, healthcare, and minimum wage jobs, their outlook is bleak.
Though I do not agree with much of Ryan’s proposed policies (as few as there are), it’s a fascinating look at what the party of the rich propose to help end poverty in America.