Almighty Dollar

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wearethe99percent:

Who are the 99%? All of us who were told that if we worked hard and saved money we could retire with few financial worries. They forgot to tell us about the tech bubble, followed by the housing bubble, followed by recession and anthropocentric global climate change. They told us technology and medicine would save us. They forgot to mention the CO2 issue and environmental degradation; the cost of healthcare and the deadly side effects of pharmaceuticals. They talked us into believing that our homes would appreciate enough to buy retirement and that putting money in the stock market was better than a savings account. They forgot to mention that only insiders, brokers, players, and the already wealthy get rich from the stock market. For the rest of us it is more like carnie midway games—there’s no way to win. Our 401Ks, pension funds, IRAs, and Roths are built on a house of cards, but it is too late: we’re trapped in the game. We hope the market will go up even though we despise the thought of corporate rule. We are at the mercy of the 55 wall $treeters who peer over the balconies and laugh at our angst. The corporations and the banks are sitting on piles of our money. They withhold jobs, pad their pockets, and offer us pink slips and .03% interest. And what are we told to do about this financial crisis? Go shopping!! Spend money! What money? We don’t have jobs! We can barely afford groceries. Capitalism has failed democracy. Let’s prove we can rebuild this nation with a new ethic, an economic prosperity based on creativity and progress not greed and development. Let’s create an inclusive vision of the future where education and social justice are better choices than war and wall $treet.“We’re citizens not consumers.” I read that on the Global Revolution live feed chat. It’s my new motto. I am the 99%.

wearethe99percent:


Who are the 99%? All of us who were told that if we worked hard and saved money we could retire with few financial worries. They forgot to tell us about the tech bubble, followed by the housing bubble, followed by recession and anthropocentric global climate change.

They told us technology and medicine would save us. They forgot to mention the CO2 issue and environmental degradation; the cost of healthcare and the deadly side effects of pharmaceuticals.

They talked us into believing that our homes would appreciate enough to buy retirement and that putting money in the stock market was better than a savings account. They forgot to mention that only insiders, brokers, players, and the already wealthy get rich from the stock market. For the rest of us it is more like carnie midway games—there’s no way to win.

Our 401Ks, pension funds, IRAs, and Roths are built on a house of cards, but it is too late: we’re trapped in the game. We hope the market will go up even though we despise the thought of corporate rule. We are at the mercy of the 55 wall $treeters who peer over the balconies and laugh at our angst. The corporations and the banks are sitting on piles of our money. They withhold jobs, pad their pockets, and offer us pink slips and .03% interest.

And what are we told to do about this financial crisis? Go shopping!! Spend money! What money? We don’t have jobs! We can barely afford groceries. Capitalism has failed democracy. Let’s prove we can rebuild this nation with a new ethic, an economic prosperity based on creativity and progress not greed and development. Let’s create an inclusive vision of the future where education and social justice are better choices than war and wall $treet.

“We’re citizens not consumers.” I read that on the Global Revolution live feed chat. It’s my new motto. I am the 99%.

(via girtabaix)

Filed under economics politics the99% corporatism failed democracy

69 notes

wearethe99percent:

I have a chronic illness, so I work from home. My income is 1/3 of what it was in 2008. 
My husband works full time for a company he hates, who treats him like an indentured servant and pushes cheap products from foreign markets. He can’t sleep, can’t quit and has no other opportunities. 
In 2008, we were donating to the local food bank. Now we need their help to feed our three kids.
We regularly are forced to borrow money from our friends and family just to cover our basic living expenses. We live without television, eating out or any entertainment.
Our children are usually hungry, but they won’t starve-we hope.
What we pay for health insurance would provide the food we need, but we can not survive without the health insurance.
We can’t afford car insurance, so my husband will probably lose his driver’s license, but can’t afford not to drive to work.
We rely on charity to feed our dog, since we can’t afford to buy food for him and the children.
We make too much money to qualify for public assistance, but not enough to provide our needs.
We can’t afford to go to college to raise our skill level and worry that even if we did, we would only incur more debt we can’t pay.
We do not own a credit card or a house. Our car is 20 years old, falling apart and costs us a fortune in gasoline just to get my husband to work.
I am worth more to my family dead than alive.
We are the 99%.

wearethe99percent:

I have a chronic illness, so I work from home. My income is 1/3 of what it was in 2008. 

My husband works full time for a company he hates, who treats him like an indentured servant and pushes cheap products from foreign markets. He can’t sleep, can’t quit and has no other opportunities. 

In 2008, we were donating to the local food bank. Now we need their help to feed our three kids.

We regularly are forced to borrow money from our friends and family just to cover our basic living expenses. We live without television, eating out or any entertainment.

Our children are usually hungry, but they won’t starve-we hope.

What we pay for health insurance would provide the food we need, but we can not survive without the health insurance.

We can’t afford car insurance, so my husband will probably lose his driver’s license, but can’t afford not to drive to work.

We rely on charity to feed our dog, since we can’t afford to buy food for him and the children.

We make too much money to qualify for public assistance, but not enough to provide our needs.

We can’t afford to go to college to raise our skill level and worry that even if we did, we would only incur more debt we can’t pay.

We do not own a credit card or a house. Our car is 20 years old, falling apart and costs us a fortune in gasoline just to get my husband to work.

I am worth more to my family dead than alive.

We are the 99%.

Filed under economy politics news the 99% debt

24 notes

ifoundareason:

The first one is usually true because it can be applied to most jobs/industries (marketing/advertising, banking/finance and military/government being just a few obvious examples). The second one is a false dichotomy, a lie entrenched in the dominant culture as an inescapable threat. The third one is the result of people taking the first one as measure of their personal worth and the second one as true, thus willingly submitting to exploitation.

ifoundareason:

The first one is usually true because it can be applied to most jobs/industries (marketing/advertising, banking/finance and military/government being just a few obvious examples). The second one is a false dichotomy, a lie entrenched in the dominant culture as an inescapable threat. The third one is the result of people taking the first one as measure of their personal worth and the second one as true, thus willingly submitting to exploitation.

(via ifoundareason-deactivated201110)

Filed under capitalism culture exploitation fear lies people submission threat useless wage-slavery work worth serfs serfdom sheeple economy economics politics