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Forum Post: "Raise the Minimum Wage : Democratic Party Sleeps on FDR’s Legacy", by Ralph Nader.

Posted 1 year ago on Aug. 10, 2012, 9:30 p.m. EST by shadz66 (17667)
This content is user submitted and not an official statement

"Raise the Minimum Wage : Democratic Party Sleeps on FDR’s Legacy",

by Ralph Nader.

Calling Obama, Pelosi, Reid and the rest of the Democratic Party, elected officials, political operatives and labor’s leader Richard Trumka : Thirty million American workers want and need a federal minimum wage of $10 per hour which is slightly less than their predecessors got in 1968 – yes 1968 – adjusted for inflation. What will it take for you to make this a priority ?

Of course you all would like to see these desperate workers get an additional $2,000 – $4,500 a year for the barest necessities of life for themselves and their children. Sure, it is easy to be on the record and not on the ramparts for a higher minimum wage. What about the trust that your voters and your rank and file invested in you ?

Imagine mobilizing Congress to have workers catch up with 1968 when worker productivity was about half of what it is today.

What would President Franklin Delano Roosevelt, who signed the first minimum wage law in 1938, say about today’s pathetic Democrats (with few exceptions like the more than twenty Representatives who signed on to Rep. Jesse Jackson, Jr.’s H.R. 5901 bill to raise the minimum wage to $10 per hour)? Remember how FDR pushed his Democrats in the 1930s ? He would not have tolerated today’s Democratic Party of caution, cash and cowardliness.

Were the Democrats from the White House, to Congress, to Richard Trumka and the major labor unions to immediately make the $10 minimum wage a national, frontline issue, which they certainly could if they want, here are the arguments they can make :

1. Such an overdue raise is an economically and morally necessary initiative. The U.S. has the lowest national minimum wage of $7.25 per hour among major western nations, by a lot. France is over $11 and in Canada, the minimum wage ranges from $9.40 – $11, plus Canadians have a superior social safety net. Meanwhile, the U.S. has the highest paid CEOs, by far, in the world.

2. Over the years, poll after poll shows that 70 percent of the people support having the minimum wage keep up with inflation. That number includes many conservatives and Republicans. Even Rick Santorum and Mitt Romney, over the years, stood for this principle, even though Romney has hemmed and hawed in recent months.

3. Are there any economists saying that our shaky economy does not need more consumer demand? A $10 minimum wage quickly releases billions of dollars in new spending by the poor. Poor! The single word the cowering Democrats, including presidential candidates, have refused to use since Jimmy Carter. NPR’s Tavis Smiley on his poverty tour challenges Barack Obama: “Poor. Say it, Mr. President, say it. Poor !”

4. More income for the poor means less child and family poverty which means less reliance on federal outlays for the poor to survive. The big companies, for example, take advantage of this by steering some of their employees to programs such as Medicaid. As Terrance Heath recently noted in an op-ed in the Nation of Change: “So all of us are subsidizing the wealthy owners and executives of Walmart, McDonald’s, and Target.”

5. A new report by the respected National Employment Law Project titled “Big Business, Corporate Profits, and the Minimum Wage,” ( http://nelp.3cdn.net/e555b2e361f8f734f4_sim6btdzo.pdf ) said that “the majority (66 percent) of low-wage workers are not employed by small businesses but by large corporations.” The 50 largest of their employers are mostly “in strong financial positions.” And note this finding by NELP: “The top executive compensation averaged $9.4 million last year at these firms.” This means that the bosses, before taking a lunch on January 2, made more money than a minimum wage worker makes in a year. Talk about the corrosive effects of inequality which have been fed by the top one percent taking 93 percent of the income growth in 2010, according to Holly Sklar of Business for a Fair Minimum Wage { http://businessforafairminimumwage.org/ }.

6. Enlightened business leaders are ready to support the Democrats on this $10 minimum wage initiative. Jeff Long, vice president of Costco, gives the obvious reasons that the retrograde corporatists ignore: “At Costco, we know good wages are good business. We keep our overhead low while still paying a starting wage of $11 an hour. Our employees are a big reason why our sales per square foot is almost double that of our nearest competitor. Instead of minimizing wages, we know it’s a lot more profitable for the long-term to minimize employee turnover and maximize employee productivity and commitment, product value, customer service and company reputation.”

7. A $10 minimum wage will create jobs because sales will increase. Businesses, having lunched off the windfall of a falling real minimum wage since 1968, should be willing to recognize this greater good. The leading scholar refuting the net job loss propaganda is Alan Krueger who now is head of Obama’s Council of Economic Advisers. Certainly the people of Santa Fe, New Mexico are not seeing job losses there where the city minimum wage has been $9.50 per hour.

8. The corporate oligarchy has no moral standing whatsoever. Many of the nations’ corporate giants pay no income tax or very little, far less than a cab driver. Last month, Ford Motor Co. paid no federal or state income taxes despite registering nearly $9 billion in profits. It is hard for companies making record profits and paying executives record pay to have much credibility on this subject. Further, small business has received 17 small business tax breaks under Obama.

August is the congressional recess month. Members of Congress are back home campaigning. Go to their public meetings and ask them directly whether they will vote for a $10 minimum wage when they return to Washington, D.C. after Labor Day, or call their office. One worker went up and asked this question of his representative, Rep. Bill Young (R-Fla.), who gave him the curled lip – “Why do you want that benefit? Get a job.” This snarl made news all over the country.

Ask “the question” Americans, again and again until Labor Day. By then, maybe Mr. Trumka and the AFL-CIO will bestir their political muscles and march with the low-wage workers and recognize what they do for all of us.

If you want more information and would like to sign the petition for a $10 minimum wage, please visit :

~

fiat justitia ruat caelum ...

~

[Article copied verbatim under "Fair Use" from : http://www.informationclearinghouse.info/article32137.htm ]

102 Comments

102 Comments


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[-] 4 points by VQkag2 (16478) 1 year ago

Dems have lost their backbone!

[-] 1 points by ThomasKent (110) 3 months ago

It's not the Dems fault. The housing costs are highly inflated. Investors are creating another housing bubble. And no one is stopping them. This is a rich versus poor problem that has cornered Republicans and Democrats.

The Tax Payers should question both parties before the next election.

Bank Mortgage Fraud Foreclosure - Cancel Your Mortgage Today

http://www.youtube.com/watch?v=FnQEmH5jFO8

[-] -2 points by AlwaysIntoSomething (42) 3 months ago

The corruption was rewarded with tax payer pay offs.

Its still happening.

I would put the politicians at blame, but even more so the people who keep giving them all of this power.

[-] 1 points by shadz66 (17667) 1 year ago

Perhaps only a truly 'bottom up' Mass Movement of The 99% will stiffen their spine and/or totally expose the DemoCraps for the utterly 'Spineless Crypto-Plutocrats' that they really are !!!

There's a Very Large disconnect between The DemoCrap Party Machine and The Perverse PolyTricks of their Politicians' Politics & the people who have historically voted for them !!

A Bernie Sanders / Dennis Kucinich Presidential/VP ticket anyone ?!

dum spiro, spero ...

[-] 4 points by VQkag2 (16478) 1 year ago

Trust Bernie & his progressive caucus!

Bernie caucuses with and votes 90% of the time with dems. NEVER with repubs.

The parties are clearly different. We need more like Bernie Sanders!

Elect Progressives! Like Bernie and the other progressive caucus members (all Dems, No repubs).

I agree with you we need a ground up movement to elect more Bernie like progressives! Lay the ground work for real direct democracy! Improve the lives of the 99%.

Vote out anti OWS republicans!

[-] 2 points by shadz66 (17667) 1 year ago

I get you but I would still contend (very vigorously) that "the parties are clearly different" !!! They are NOT different enough - which is why the US is headed for a <50% voter turnout in November !!

Consider closely and realistically reflect :

ad iudicium ...

[-] 3 points by VQkag2 (16478) 1 year ago

We added 5 million voters 2008. Repub votore suppression is estimated at reducing by 5 million. I think you could be right about the <50% turnout and I'm sure the persception that the parties are not different enough plays a part for many. I think mainly poor people who have given up hope and believe NO party represents them is probably the biggest factor. Which I think is very similar to your suggestion. For me that means less votes for progressives, so for me that means conservative 1% puppets push the fallacy as a means of suppressing the progressive vote.

More progressives would be elected if everyone was mandated to vote.

So we must convince everyone that there is hope if they elect progressives like the great Sanders.!

"It's the only way to be sure"

[-] 2 points by shadz66 (17667) 1 year ago

I'm beginning to think that there is an increasing and developing argument for compulsory voting like in much of South America and Australia BUT this is only conscionable (imho) IF there is a 'Non Of The Above' Option / Legal Spoiled Ballot Option AND the 'barriers to entry' for new parties are minimised.

Ideally, we would have 'bottom up', decentralised, democracies where there would be no 'political parties' and we'd only have 'true independents' who represented us not 'Business' and just voted on the issues.

ad iudicium ...

[-] 4 points by VQkag2 (16478) 1 year ago

I like that plan very much! "non of the above" is critical! And allowing new parties is required. more turnout can help facilitate new parties, but in America we need to add 1000 seats to the House of Reps which can help more representation, ending the electoral college will help, and other reforms. But definitely mandatory voting for all eligible citizens. It's what the 1% fear the most.

[-] 2 points by shadz66 (17667) 1 year ago

Consider that most citizens in The USA, need to work for themselves or by selling their labour, knowledge and expertise - work for others in order to pay their bills, take care of their obligations and finance their lifestyles. Thus from this perspective, stripped of hubris, conceits and affectations - most people are 'Working Class' .. irrespective of what they do or how much they earn !!!

Perhaps there is now - more than ever, The Most Urgent need for a political party to Truly Represent 'Labour" - as opposed to the situation now where both sides of the 'faux dichotomy of Republocrat / Demoblican', only ever really represents "Capital". Past November '2012's 'Presidential Selection', it is now high time for a real "American Labour Party" and / or Real Independents !!

What are The American 99% going to do about it ? Well just for a start, they had better get to Educating ; Agitating & Organising 'PDQ' .. IF a better tomorrow for all is to be won !

per aspera ad astra ...

[-] 4 points by VQkag2 (16478) 1 year ago

Educate, agitate, I am with that. We have a great progressive party called the working families party. Small but growing. My Congresswoman was endorsed by them. As we said much must happen to get a new party but we must start that work now. This election may not yield many new 3rd party winners but we must get more progressives (whatever party) in office because they are more likely to be sympathetic to 3rd party access.

[-] 2 points by DKAtoday (33128) from Coon Rapids, MN 1 year ago

Yep - PDQ

[-] 2 points by shadz66 (17667) 1 year ago

With the right "SPIRIT" - anything is possible :

pax, amor et lux ...

[-] 3 points by DKAtoday (33128) from Coon Rapids, MN 1 year ago

U R so very helpful in that area. {:-])

[-] 3 points by WSmith (5271) from Cornelius, OR 3 months ago

Economists agree: Raising the minimum wage reduces poverty

By Mike Konczal
January 4 at 9:00 am

One funny part of watching journalists cover the minimum wage debate is that they often have to try and referee cutting-edge econometric debates. Some studies, notably those lead by UMass Amherst economist Arin Dube, argue that there are no adverse employment effects from small increases in the minimum wage. Other studies, notably those lead by University of California Irvine economist David Neumark, argue there is an adverse effect. Whatever can we conclude? (CONTINUED:)

http://www.washingtonpost.com/blogs/wonkblog/wp/2014/01/04/economists-agree-raising-the-minimum-wage-reduces-poverty/

House Republicans Unanimously Vote Down Minimum Wage Increase

The Huffington Post | By Will Wrigley

House Republicans voted unanimously against raising the federal minimum wage Friday. [As the GOP has done and continues to do in virtual perpetuity]

A proposal by Rep. George Miller (D-Calif.) to raise the federal minimum wage to $10.10 an hour over the next two years and increase the wage for tipped employees to 70 percent of the minimum wage was defeated, with every House Republican voting against the motion. On the Democratic side, six lawmakers voted against the measure, and 184 Democrats voted for it.

Miller's proposal was more than a dollar higher than what President Barack Obama proposed during his State of the Union address in February. Obama said in his speech that Congress and the White House should work to "raise the federal minimum wage to $9 an hour."

The proposal by Miller was offered as an amendment to the SKILLS Act, which Republicans in the House passed Friday afternoon, over strong Democratic opposition. According to the Washington Post, the act will eliminate or consolidate 35 federal programs and create a Workforce Investment Fund to help those searching for a job acquire the skills needed in the workforce. In his State of the Union, Obama said that he hoped to "cut through the maze of confusing training programs," but the White House said it opposes the House bill, the Post reports. House Democrats argued that the bill eliminates programs for veterans, the disabled, and other groups, and voted overwhelmingly against it. The bill now goes to the Senate.

This is not the first time Miller has proposed legislation to raise the minimum wage. [Nor the first time for Dems, who started minimum wage, The Fair Minimum Wage Act of 2007, 2006 passed six state initiatives to increase the minimum wage. All fought &/or repealed by Cons.]

In July 2012, Miller and more than 100 House Democrats proposed a bill to raise the federal minimum wage to $9.80 an hour and peg it to inflation.

http://www.huffingtonpost.com/2013/03/15/gop-minimum-wage-increase_n_2884912.html

[-] 2 points by DKAtoday (33128) from Coon Rapids, MN 3 months ago

Economists agree: Raising the minimum wage reduces poverty

Something most grade schoolers could have told the world a few decades ago.

[-] 4 points by WSmith (5271) from Cornelius, OR 3 months ago

Most grade schoolers don't hear the decades-old talking-head drum corps of gloom and doom should any increase (much less a living wage increase) ever be enacted, the national bankruptcy, the mommies and daddies thrown on the streets, the cruel and crowded FEMA orphanages for all the children, that any Fox Lies viewer or Hate Wing radio listener already believed before Obama was even sworn in, or McCarthy was deposed in shame.

Never underestimate the degree to which people can be misinformed ~ Raygun was "elected" twice, and so was Cheney; people were upset over Miley's twerking, but not Downton Abbey or all these CMA events. It's a truly twisted world.

[-] 1 points by Ache4Change (2990) 3 months ago

'Will raising the minimum wage become a wedge issue in 2014' - http://www.nationofchange.org/will-raising-minimum-wage-become-wedge-issue-2014-1388940860 Never Give Up On The 99% Issues! Occupy The OWS Agenda! Solidarity.

[-] 3 points by MattLHolck (16833) from San Diego, CA 3 months ago

raising minimum wage should be a given (not a wedge issue)

I would not be surprised if the politicians blocked it

they love to freeze progress to avoid other issues

[-] 3 points by Ache4Change (2990) 3 months ago

We need a 'Living Wage' really. The 1%'s greed and mean spiritedness knows no limits and they own and control 'our' venal politicians. Never, Ever Allow 'Money' To Rule Us! Occupy Democracy! Solidarity.

[-] 3 points by grapes (2598) 3 months ago

Raising the minimum wage costs the eel-ite-s chicken feed. It is private sector quantitative easing.

If trillions of dollars worth of out-of-thin-air money equivalents can materialize in the accounts of national banks doing little to jolt the economy, we should now try QE in the private sector through government fiat. The minimum wage workers tend not to be hoarders because they have the urgent needs to spend (i.e., they have "small bladders" according to the "bladder theory of finance" backed up by the reversion-to-the-mean law) so are likelier than the bankers (who know too much data) to juice up the economy to meet federal reserve's target of 2% annualized inflation.

If QE, QE2, the Twist, fiscal cliff bungy jump (the sequester), QE3, and the upcoming slow Taper do not pep up the economy, we should try private QE and raise the minimum wage to a livable level - damn the so-called killing of jobs, would the eel-ite-s shut up their shops over chicken feed? In the early 1990s, the raising of the minimum wage was supposed to kill jobs but we instead entered into boom times in the U.S. economy.

A response by the eel-ite-s may be to promote everyone to become managers and professionals who are exempt workers (those who are exempted from labor laws mandating receiving time-and-a-half pay for overtime work and monitoring of the total hours worked, yeah, usually EXCESSIVE hours worked). Monitoring of hours worked is nonetheless still done under the name of security so "swipe in" and "swipe out" - so "we know who is still missing waiting to be rescued from the fire and rubbles should disasters or terrorists strike." There are many smug so-called "managers and professionals" who pride themselves on working excessive unpaid, not-to-mention time-and-a-half pay, hours, to distinguish themselves from the horror of horrors - UNIONS and the labor laws. They do not even know their own interests - what a waste of their so-called higher education. Maybe "higher" just means "more-hallucinating."

[-] 3 points by VQkag2 (16478) 1 year ago

Agreed. Signed and forwarded.

We should also peg it to inflation/cost of living adjustments

[-] 3 points by VQkag2 (16478) 1 year ago

Excellent, useful, and valuable. As always.

Thanks

[-] 2 points by flip (4975) 3 months ago

nice job as usual

[-] 2 points by HalalDali (5) 3 months ago

There is an affordable housing crisis.

Raise the minimum wage?

Should someone be able to buy a house with the minimum wage?

Notice that the average monthly rent in Manhattan is about $4000.

After reaching a 13-month high of $3,905 in October 2013, average rental prices across Manhattan leveled at $3,797 in November. With this said, rental prices ...

The average annual salary in Manhattan is about $79K.

Average Salary in Manhattan, NY: $79000.

http://www.indeed.com/salary/Manhattan,-NY.html

The 40 times rule tells landlords that a tenant should have an annual salary that is 40 times the monthly rent to be able to afford the payment. This means the average rent in Manhattan is affordable if the annual income is approximately $3797 x 40 = $152K: nearly double the average annual salary.

Obviously, the rents in Manhattan are too high. High rents can be linked to mortgage financing. There no way the minimum wage will be raised to make home ownership possible. The cost of home ownership has to come down.

Bank Mortgage Fraud Foreclosure - Cancel Your Mortgage Today

http://www.youtube.com/watch?v=FnQEmH5jFO8

Mortgage Fraud Exposed - WHO OWNS YOUR HOUSE?

http://www.youtube.com/watch?v=RJjmnAlkl6g

The average Manhattan apartment, at $3,973 a month, costs almost $2,800 more than the average rental nationwide. The average sale price of a home in Manhattan last year was $1.46 million, according to a recent Douglas Elliman report, while the average sale price for a new home in the United States was just under $230,000. The middle class makes up a smaller proportion of the population in New York than elsewhere in the nation.

http://www.nytimes.com/2013/01/20/realestate/what-is-middle-class-in-manhattan.html

How much should the minimum wage be raised?

[-] 3 points by shadz66 (17667) 3 months ago

Especially for New Yorkers, this is an excellent comment.

The very same situation prevails in London too. Synthetic NYLON problems you may say ;-)

A 'Living Wage' as well as a 'Maximum Wage' (enforced by 90%+ income tax levels - a situation that prevailed in the 60s&70s) may help bring order to this 'market' where only realtors / estate agents gain the most. Couple this with increased building of social housing and rent controls but fk the 'free market'.

radix omnium malorum est cupiditas ...

[-] -1 points by AlwaysIntoSomething (42) 3 months ago

If DeBlasio felt like that, he wouldn't have appointed a police chief that is extremely hard on dissent, pro Stop and Frisk, and openly states anything like Occupy (the people organizing and educating and leading themselves) is not to be tolerated.

He can say whatever he wants. The police are the ones to serve the orders, and apparently its meet the new boss, same as the old boss.

He ran a good campaign though.

And announcement of "No more stop and frisk" and an invitation for Occupy to come back and lets see how we can fix this, would have been the way a real leader would kick off his newfound position.

Looks like he might be just another politician.

[Removed]

[-] 4 points by shadz66 (17667) 3 months ago

LOL !!! It's ''Kropotkin'' btw !! Tho' like me, he may well be a 'Pro-Pot-Kin' too !

  • Geddit ? ==============###~~~'

You could do with a long lay down & a joint, yourself 'Trashy' but it is nice to know that you've finally accepted your own proper moniker at last :-)

I'll be a cold day in hell before I join any ''team'' you're in, so I'll take my chances 'toing & froing' with the 'Anti-Repugnants' here & none of the posters u list even know that they're in your ''team'' lol ! You're just out looking for random arguments again aren't you ... not to mention your issues with seniors, reflecting your 'parent' issues ?!! Now do try to behave yourself and STOP being such a naughty boy - will you ?!!!

temet nosce ...

[-] 4 points by DKAtoday (33128) from Coon Rapids, MN 3 months ago

lol = 'Pro-Pot-Kin'

Good 1 - that's a club I'LL join/support {:-]) "jointly" with U - haha

[-] 4 points by shadz66 (17667) 3 months ago

Cool & I may have overdone it laughing @ 'Trashy' after my last drag ====#~{;-p)

in vino veritas et in fumo funnyTrash ...

[-] 3 points by DKAtoday (33128) from Coon Rapids, MN 3 months ago

Well even stone cold sober it is hard 2 stop laughing at it at times - though I agree - laughing at it seems to just egg it on. Ah Hell Laughter is good for the soul - it's one and only good contribution?

[-] 4 points by shadz66 (17667) 3 months ago

As a kid, I used to read ''The Reader's Digest'' but I only learnt how right-wing it was as an adult, lololol. However, I can agree that ''Laughter IS The Best Medicine'' 'cause ''Life's Like That'' sometimes & re.'T', think ''agon'' ;-)

pax ...

[-] 2 points by DKAtoday (33128) from Coon Rapids, MN 3 months ago

"agon" - struggle or contest? As in - it struggles to contest?

[-] 4 points by shadz66 (17667) 3 months ago

Lol. Right & 'antagonist' and 'protagonist' but in his case just mainly agony !!!

verum ex absurdo ...

[-] 3 points by DKAtoday (33128) from Coon Rapids, MN 3 months ago

in his case just mainly agony

HeeeeHeeeHee - da agony of de-feet hahaha

[-] 0 points by shadz66 (17667) 3 months ago

He must have bunions !!! Or was that a 'corney' aside !! Geddit ?!

More in keeping with things Ralph Nader & The 99%, consider ...

Btw, u'll be glad to hear that I've found my sense of humour again.

pax ...

[-] 2 points by DKAtoday (33128) from Coon Rapids, MN 3 months ago

In return - on waste:

Infinite Growth is only possible - is really - "1st" only possible in intellect/knowledge and the use thereof.

Eliminating all garbage/waste will engender true sustainability - because one can "NOT" continue to remove from a finite system - "THAT" is an impossibility if the system is to continue

  • CONTINUE infinitely - NOT INFINITELY GROW - NOT IN SIZE ANYWAY - Continue in learning and application - INFINITELY - Not in Physical Growth - Infinite physical growth requires an infinitely growing pool of resources.
[-] 2 points by shadz66 (17667) 3 months ago

Thanx ... you'll get that final 'Guardian' link for sure. Solidarity and :

pax ...

[-] 2 points by DKAtoday (33128) from Coon Rapids, MN 3 months ago

EDIT

Good One = Embarking On The Journey Of Consciousness: Staying On The Train -

And may I add = & keeping the train on the tracks ( no derailing to insanity )

" What I invariably recognize in my own journey of awakening and theirs is that once any human being allows certain realities to penetrate a few layers of denial, they have embarked on a journey from which there is no return. "

The hard part is engendering that initial penetration of the layers of denial.

This is why I have forwarded this idea = http://occupywallst.org/forum/dont-drink-the-water/#comment-1018511

Engendering a penetration of denial by introducing personal risk.

[-] 2 points by DKAtoday (33128) from Coon Rapids, MN 3 months ago

Goddet - yes slightly corn-y suggest Dr. Scholl's corn pads {;-]) - good deal = "I've found my sense of humour" - an absolute essential.

[-] 2 points by shadz66 (17667) 3 months ago

yEP and as a techno-tuney aside :

veritas vos liberabit ...

[-] 2 points by DKAtoday (33128) from Coon Rapids, MN 3 months ago

Until corp(se)oRATions grip on government is broken - Survival of life on the planet is unlikely - except for bacteria?

"Humankind's greatest crisis coincides with the rise of an ideology that makes it impossible to address. By the late 1980s, when it became clear that man-made climate change endangered the living planet and its people, the world was in the grip of an extreme political doctrine whose tenets forbid the kind of intervention required to arrest it."

[Removed]

[-] 2 points by beautifulworld (20414) 3 months ago

"A $10.10 Minimum Wage Could Lift About 5 Million Out Of Poverty"

http://www.huffingtonpost.com/2014/01/02/1010-minimum-wage_n_4532723.html

So, what the hell are they waiting for?

[-] 1 points by ThomasKent (110) 3 months ago

How are you defining poverty? Basically, the poor are renting a residence because owning property, and being able to afford standard furniture, food, clothing, utilities, transportation, medicine, leisure time, pay taxes and insurance, is out of reach.

An hourly wage of $10.00 is approximately an annual salary of $20,000. Suppose there are1 million minimum wage workers in New York City, are there1 million $500/month apartments in New York City? How many apartments are available for $500/month in New York City? Not nearly enough.

The city government should know the number of and rent of every occupied and vacant apartment in New York City in order to create a housing market where the average rent is affordable for the average salary. City regulators also have to analyze the data to guarantee that everything follows the bell curve and have the powers to make market corrections by modifying the rent or salary.

The McDonald’s employees want a living wage of $15/hr, approximately $30,000 annual salary. With that they can afford a $750/month apartment. There may be 20,000 McDonald’s employees in New York City, but not 20,000 vacant apartments for $750/month.

Are there architects and general contractors that can design and build a standard condo that can be priced from $400/month?

[-] 3 points by MattLHolck (16833) from San Diego, CA 3 months ago

the differences in income must account for preferring to keep a property empty vs renting it

[-] 2 points by DKAtoday (33128) from Coon Rapids, MN 1 year ago

Good post shadz - as always - I am gonna tweet this post and then if you don't mind I will copy it and send it out as another open letter to the government.

[-] 2 points by shadz66 (17667) 1 year ago

Thanx & I'm sincerely recommending a meditative hour listening to Bonnie Faulkner's mellifluous voice in conversation with Prof. Michael Hudson on KPFA's 'Guns & Butter', as linked to above.

Stay well & stay aware.

fiat lux et fiat pax ...

[-] 2 points by DKAtoday (33128) from Coon Rapids, MN 1 year ago

So - it is OK if I steal your post and make it an open letter?

[-] 2 points by shadz66 (17667) 1 year ago

'Open Source Information' - for you do with as you see fit ! Good luck.

pax et lux ...

[-] 2 points by DKAtoday (33128) from Coon Rapids, MN 1 year ago

Thank you - you R A loving and giving person.

[-] 1 points by DKAtoday (33128) from Coon Rapids, MN 1 year ago

You as well - GoodNight.

[-] 2 points by beautifulworld (20414) 1 year ago

Of course the minimum wage should be raised. It's shameful at $7.25, a blight on our nation.

[-] 3 points by shadz66 (17667) 1 year ago

It's more than just "shameful" 'bw' ... it's a total fkn joke ! Much like the forum tonight !! WTF is it with all the internecine BS, already ?!!!

For far too long, Americans have allowed Wall Street to play them as 'marks' in a confidence scam of audacious proportions. Then they wonder at their seeming utter powerlessness to deal with job losses, depressed wages, mortgage foreclosures, political corruption and the plight of their children as they graduate into Debt Bondage.

OWS has focused national and global attention on the source of the problem. Now it’s time for action to bust the Wall Street banking corporations, cartels and trusts, 'replace the current Wall Street 'banking system' with a 'Main Street Banking System' and take back America from the rule by 'The Evil, Wall Street Bankster Parasites'.

Fortunately, with the help of 'OWS' - Americans are slowly waking up to an important truth - that it is an extremely bad idea to yield control of the issuance and allocation of credit (money) to Wall Street banks run by con artists who operate beyond the reach of public accountability and who view the rest of us as simple-minded marks ripe for the exploiting.

I hope for 'class conciousness' and the same realisation as Warren Buffet - who concluded & asserted that the only "Class War" was being fought and won - by his class, The 0.01% 'Elite' (= Parasites) !!!

There can be no positive change ... without struggle ~*~

per ardua ad astra ...

[-] 3 points by MattLHolck (16833) from San Diego, CA 1 year ago

It's more than just "shameful" 'bw' ... it's a total fkn joke ! Much like the forum tonight !! WTF is it with all the internecine BS, already ?!!!

someone suggested I get any job to pay off my student loan

[-] 3 points by shadz66 (17667) 1 year ago

You are a good person ; a good son ; a good friend ; a good colleague ; a good comrade & a good 'Occupier' - these are your jobs !

This "someone" who suggested that you become 'a wage slave in debt-bondage', just to 'repay' usurious, predatory banksters ... were they wearing their (..x..) as hat ?!

verum ex absurdo ...

[-] 2 points by kaiserw (211) 1 year ago

OWS has focused national and global attention of unfortunately another symptom of the problem - a horrendously guilty symptom, but still a symptom. If you put enough money (1 Million dollars) on a table in the middle of a room, and fill the room with 100 people, with essentially ZERO risk of being caught if you took it and walked out, refilling the table every 30 seconds... it will be taken once, then after the first time, will be taken EVERY time, and they'll fight to take it!!! That's where we are.

The only way to stop the looting is to take the money away! Unfortunately, what we are seeing is the beginning stages of hyperinflation - which occurs over a long period of time. People only really start noticing about now, or at the next stage.

Read a book called "dying of money" It's been out of print since 1974 or so, but has recently been reprinted, and you can usually find a PDF version on the Interwebs. The gutting of the system (what you see now) is a stage in a process, and (don't let me spoil the fun!) it's going to get much much worse....

but keep your head up! We might just live to see a good economy again before we die if we live a normal lifespan, and we're lucky, but there's going to be alot of shit in-between then and now.

[-] 1 points by shadz66 (17667) 1 year ago

Thanx for your interesting comment, further to which & as per your recommendation, I append :

radix omnium malorum est cupiditas ...

[-] 0 points by beautifulworld (20414) 1 year ago

Shedding light on these matters is of the utmost importance. Thanks for all the work you do on money and banking here. I know I've learned a lot from your posts.

[-] 1 points by shadz66 (17667) 1 year ago

I'm grateful for your gracious comment. Your cool compassion is well appreciated by almost all here. The Emperors are naked and they live in houses of cards ; the sooner we realise, wake up and retake this 'beautifulworld' the better for us all & for This Good Earth, our beautiful but fragile shared only home ! Meditation on 'Time' and contemplation of 'Love' with a still mind, will show the way !! Hopefully, lol !!!

pax, amor et lux ; nunc et semper ...

[-] 0 points by shadz66 (17667) 1 year ago

One more for your consideration :

  • "When the Rich Have 85 Percent of US Wealth, ‘Equality of Opportunity’ Can’t Exist - Democrats Are Not Progressives", by 'The Young Turks with Cenk Uygur & Economist and Nobel Prize winner Dr. Joseph Stiglitz -- “The United States is not only the country with the most inequality in outcomes, it’s the country with the least equality of opportunity,” Stiglitz says. “A kid’s life prospects are more dependent on the education and income of his parents than in any other advanced industrial countries.” : http://www.informationclearinghouse.info/article31615.htm .

e tenebris, lux ...

[-] 3 points by ZenDog (20510) from South Burlington, VT 1 year ago

I don't argue with the premise that Equality of Opportunity Can't Exist - and I do know there will be exceptions to this general rule - there will be the one kid in ten or one hundred thousand who actually does exemplify that repelican ideal - pulled oneself up by their boot straps.

I accept the premise.

What I question is how we got here. I believe the process has largely been one of deceit by monied interests.

Inside Job documents how repelicans initiated a process of taking control of the economic ideology taught in universities while simultaneously working to stack the deck at the Supreme Court - and this process began back in the '70's.

Half the nation doesn't yet truly believe in Global Warming.

It isn't that repelicans are simply very good liars. They are dedicated - and in this sense when I say repelicans I don't mean the elected officials, I mean the entire elite set, that walks through that revolving door between academia, industry, and bureaucracy.

When I say they are dedicated what I mean is they have spent their whole lives in understanding rhetoric, rhetorical devices, and how the system we currently have is put together. They have identified the glue that holds it all together, and in large measure it is us, and our collective mind, that does that.

It bears repeating:

Half the nation does not yet accept Global Warming.

Is it just our team against theirs?

I don't think so. I think they have tapped into something else. Something else that operates in concert perhaps, with that principle.

I think that something else is, at least in part, fear. It is a primary motivator.

Fear of losing the combustion engine, and the culture that goes with it.

Fear of higher energy prices.

Fear of the unknown, fear of change.

Fear of everything and everyone that is different.

Hchc is right about that much.

Fear tactics are running the country into the ground. Its working like a charm

[-] 1 points by shadz66 (17667) 1 year ago

Wow maan !!! 'ZenDog' doesn't "argue with premise" and then concurs with 'hchc', shock !!

The Dog finds his Zen ... and all is alright on the forum .. for a wee while at least . lol ! ~*~

pax, amor et lux et cave canem ...

[-] 3 points by ZenDog (20510) from South Burlington, VT 1 year ago

Hey, it's absolutely true -

  • Zen-Dog
[-] 2 points by ZenDog (20510) from South Burlington, VT 1 year ago

and it still really ticks me off that Nader ran not once, but twice against Bush.

[-] 4 points by shadz66 (17667) 1 year ago

Does that negate what Nader says & writes now ?! Get over it !! Nader has been fighting and advocating for The American 99% longer than I've been alive !!!

commune bonum est summum bonum ...

[-] 3 points by flip (4975) 3 months ago

I agree with ralph (as usual) that gore was to blame for losing or maybe even Clinton for being such a republican - nafta, ending welfare as we know it - sanctions on Iraq etc

[-] 1 points by ZenDog (20510) from South Burlington, VT 1 year ago

No, it doesn't negate the premise that the system is producing a systemic inequity.

I just have a problem with resentments . . .

[-] 1 points by shadz66 (17667) 1 year ago

Errrrrr, so how do your comments of 11 hours & 11 minutes ago sit together d'you think ?! Isn't your still being 'ticked off' with Ralph Nader a touch 'resentful' ?!! Or is it me & am I being pedantic and obtuse ?!!!

temet nosce ...

[-] 2 points by ZenDog (20510) from South Burlington, VT 1 year ago

Um - just because I do have an issue with resentments doesn't mean I can't see that fact rather clearly, or acknowledge the truth when I do believe I have heard it.

I said I had a problem with resentments -

I didn't say I was blind

[-] 1 points by DKAtoday (33128) from Coon Rapids, MN 1 year ago

What ticks me off is that Nader didn't win. Look at all of his good work for the American consumer and he then looses to Bush. It is very sad.

[-] 2 points by jrhirsch (4714) from Sun City, CA 1 year ago

The problem is not with Nader, but the cowardice of the people, instilled by the continual message that a vote for a third party will insure that the opposing party will win. This two party stalemate and the injustice it enables will continue as long as the people let fear rule their decisions instead of common sense.

[-] 2 points by DKAtoday (33128) from Coon Rapids, MN 1 year ago

TRUTH.

Outreach - education - opening eyes - fostering awareness and critical thinking.

OWS and all Occupy movements are making progress.

Keep-on Keeping-on.

[-] 1 points by ZenDog (20510) from South Burlington, VT 1 year ago

It was entirely predictable - it's just math . . .

With issues like this the question becomes What can you actually sell to the people on the basis of its own merit

It takes time to invest public perception in something new.

[-] 2 points by DKAtoday (33128) from Coon Rapids, MN 1 year ago

I guess that I should get really busy then - Hey?

[-] 0 points by beautifulworld (20414) 1 year ago

Yes, the truth is that opportunity in this country is the opposite of what most people think it is.

[-] 0 points by shadz66 (17667) 1 year ago

The Wholly Corporate Controlled, Pro-Faux-Libertarian MSM has plied Americans with the totally self defeating twaddle of the 'rugged individual who is a temporarily embarrassed millionaire' for far too long.

The Minimum Wage ; Banking Reform ; Banking as Strategic Public Utility ; Universal Healthcare ; Good Pensions ; Sound Public Education ; Students free of Debt Bondage as they start their working lives - these and other things should be the 'no brainer' "opportunity" - for The US 99%, if only they could override their 'cradle to grave, Turkeys voting for Thanksgiving' - socio-cultural programming.

It can be done. Y'all can gently land an exploratory probe on a distant planet and scoop the tail of a comet & bring it back to earth for analysis. You Americans are capable of anything - even greatness when you remember that 'together you are stronger' !!

Viva 'OWS' ; Viva The 99% !

per aspera ad astra ...

[-] 0 points by beautifulworld (20414) 1 year ago

Great comment! I think only a foreigner could come up with such an articulate way of saying that!

[-] 0 points by shadz66 (17667) 1 year ago

Yep ... cos I ain't "foreign" to 'Common Sense' !!! ~{;-)

ad iudicium ...

[-] 0 points by beautifulworld (20414) 1 year ago

LOL! :)

[-] 1 points by shadz66 (17667) 1 year ago

Further, please consider : What does 'Mitt R-money' know of the average American's situation ?!

  • "Romney built a golden IRA while he was at Bain - His holds up to $100 million ; at Bain, ordinary retirement funds found extraordinary uses" : http://preview.tinyurl.com/9pyrqkt .

avarita facit bardus ...

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[-] 1 points by hchc (3297) from Tampa, FL 1 year ago

Those idiots that vote for Gore cost the country one hell of a president.

[-] 1 points by shadz66 (17667) 1 year ago

Are "those idiots" who voted for Bush worthy of your opprobrium too ?!

ad iudicium ...

[-] 0 points by hchc (3297) from Tampa, FL 1 year ago

Most definitely. I really just posted it because I always get a kick out of people calling Nader supporters traitors, that they put Bush in Office.

[-] 0 points by TrevorMnemonic (5827) 1 year ago

Awesome post!

Awesome Nader!

[-] 0 points by shadz66 (17667) 1 year ago

Thanx 'TM' + "Ralph Nader : Occupy the Minimum Wage and Impact the Election", by Chris Hedges :

sapere aude ...

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[-] 0 points by hchc (3297) from Tampa, FL 1 year ago

Rocky Anderson is calling for the same things....

http://www.youtube.com/watch?v=5ZLccjU4hqI

[-] 0 points by shadz66 (17667) 1 year ago

The video features Dennis Kucinich ( http://kucinich.house.gov/ ). He is one the last politicians in 'US Politics' (Polytricks?) who is still clearly on The US 99%'s side and good luck to him.

The American Electorate's ability to be blind to its own self-interest' is a wonder of Modern Political Perception Management ; 'The Manufacture of Consent' & unrelenting MSM Propaganda.

ad iudicium ...

[-] -1 points by TrevorMnemonic (5827) 1 year ago

Dennis Kucinich is my hero!

Kucinich and 2 other democrats stand up for minimum wage increase - The “Catching Up To 1968 Act of 2012” - http://www.huffingtonpost.com/2012/06/07/minimum-wage-act-10-hour-john-conyers-dennis-kucinich_n_1577543.html

[-] 0 points by shadz66 (17667) 1 year ago

Dennis Kucinich = DemoCrap Conscience !!!

verb. sat. sap. ...

[-] 0 points by richardkentgates (3269) from Fort Walton Beach, FL 1 year ago

This petition needs to be on change.org so it can hit the emails of change.org registered users, better visibility, and a known/trusted website.

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[+] -5 points by primadonya (-85) from Hillsdale, NJ 3 months ago

Inflation? What inflation? Look at your beloved gubment statistics.

They say there's no inflation. Everything's under control.

Keep printing money and pushing that Zero Interest Rate Policy. Do it for the chitlins!

Sing all the petitions you want.

Maybe you should be signing a petition to stop the fed from devaluing our currency and buying power.

[-] 3 points by shadz66 (17667) 3 months ago

''The $17 Trillion Delusion: The Absurdity of Cutting Social Security to Reduce the Debt'', by Marty Wolfson :

Of course there's ''inflation'' .. the 99% & their higher ''Marginal Propensity To Consume'' know that the prices of all most everything has gone up ! WTF are u on about ?!! You should try to go get your head around exactly who is issuing credit / money & how and why ''debt'' is shackling so many humans ?!!!

radix omnium malorum est cupiditas ...

[-] 2 points by MattLHolck (16833) from San Diego, CA 3 months ago

ofcourse they believe in minimum wage

[-] 3 points by shadz66 (17667) 3 months ago

'Living Wage' is perhaps the more important concept & 'Minimum Wage' is NOT an universal belief.

fiat justitia ...

[-] 1 points by MattLHolck (16833) from San Diego, CA 3 months ago

property is the concept

[-] 6 points by shadz66 (17667) 3 months ago

''Medical Price Gouging and Waste Are Skyrocketing'', by Ralph Nader :

Indeed ''property is the concept'' & as George Carlin'd say : ''THEY OWN YOU'' !!!

fiat lux .....

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[+] -5 points by Abby100 (-54) 1 year ago

The minimum wage should be 25 dollars an hour, these people have to live also. $15.00 for a big mac is not to expensive.

[-] 3 points by shadz66 (17667) 1 year ago

You're a right-wing reactionary ; you dosn't believe in "The minimum wage" ; why are you posting here ?!

nosce te ipsum ...

[-] 1 points by IronEddie (1) from Endicott, NY 3 months ago

Yeah, why would a teabagger come to this forum? What are they trying to prove. Not cool man.

[-] 2 points by shadz66 (17667) 3 months ago

'Astro-Turf' Tea-baggers have what to do with 'OWS' ?!!! You responded to a comment from over a year ago & that poster 'Abby100' was clearly a right-wing loon as evidenced by how he/she/it was posting & so I called it !! IF you have any Tea-bagger shit to show .. feel free to bring it !

''This is plutocracy, pure and simple. The battle for democracy is now a straight fight against the billionaires and corporations reshaping politics to suit their interests. The first task of all democrats must be to demand that any group, of any complexion, seeking to effect political change should reveal its funders.''

e tenebris, lux ...