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View Diary: Hell No! No Grand Bargain. Are "Progressives" Destroying the New Deal? (146 comments)

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  •  And I don't think it's limited to us (3+ / 0-)
    the corporatocracy has realized that they are completely in control of the government now.
    This is happening in Europe, it's happening Down Under!  Just today, a friend of mine from Sutherland (NSW) sent me this:
    Australians are required by law to save 9 per cent of their salaries in an effectively unregulated privately managed system.

    The industry will argue that it is, indeed, tightly regulated, but not where it counts. Other utilities' prices are set according to the returns on capital of the providers; in super, not only are fees essentially unregulated, but few customers even know what they are.

    Those who can actually work out the dollar amount by multiplying the basis points by the amount in their fund, which is not very many people, would have to make sure they include all the different fees in their statement - administrative and investment fees. It's virtually impossible.

    The Gilded Age has gone global and there's a 'Control Issue" of the wealth in all Western governments that have some variation of a democratic system in place.  How the hell are regular people supposed to fight this?
     

    "The “Left” is NOT divided on the need to oppose austerity and the Great Betrayal. The Third Way is not left or center or even right. It is Wall Street on the Potomac."--Bill Black

    by lunachickie on Tue Apr 09, 2013 at 01:45:53 PM PDT

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    •  asdf (2+ / 0-)
      Recommended by:
      lunachickie, Don midwest
      How the hell are regular people supposed to fight this?
      a global application of tar and feathers to politicians and their sponsors, provided by people with pitchforks and torches.  perhaps it might be prudent for those folks to lay some groundwork by explaining to the grunts that kill people and break things for the plutocracy how they are getting screwed, too.

      i'm part of the 99% - america's largest minority

      by joe shikspack on Tue Apr 09, 2013 at 01:54:43 PM PDT

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