Thom's blog - Wednesday November 24th, 2010

Thom's blog - Wednesday November 24th, 2010

You need to know this about economics. Between July and September this year – American businesses posted the largest profits ever – nearly 1.7 trillion dollars! Never have US companies been so profitable in the history of this country. In fact – this this is part of a steady trend that started when worker salaries began to flatten out with Reaganomics. Most recently, corporations have seen their profits steadily increase every quarter since 2009 – and then they went through the roof the last few months. Yet what have we seen in the labor market? Nothing. In fact – as businesses started making profits again last year – job losses continued. And now – even as we are seeing record-breaking CEO and stockholder profits – job growth is anemic. Why is that? Reagan told us that hiring would start when companies and their rich stockholders and CEOs started making profits again, and they used those profits to hire employees. That’s how trickle-down economics says a labor market recovers from a recession. But Reaganomics - which we're still following after thirty failed years - is a crock. What makes economies recover is when workers have money in their pockets to buy things. Combine that with trade policies that keep manufacturing here in the US, and you have an economy. People buy things, that creates demand for products, which makes factories hire, which gives workers more paychecks. But after 30 years of Reagan/Clinton/Tom Friedman trade policy insanity, that chain has been broken and the factories - and thus the jobs - are now in China. 2 years ago – we all bailed out CEOs with taxpayer money – saving their butts – now those same CEO’s are taking that money and running to China and India to build more factories. Oh – and they want a tax cut too. When are we going to realize our nation's relationship with corporate CEOs in no longer mutually beneficial? - Now it's simply parasitic.

Comments

el10john's picture
el10john 4 years 35 weeks ago
#1

Thom, Thom, Thom: Wrong again. The TSA is not violating our 4th admendment rights. Let's review: the constitution is to protect the people, all of the people, from the government's taking the actions outlined in any single amendment against the people en masse.

These violations affect the people, all the people, without distinction. You need only be breathing for this to affect you.

The TSA, on the other hand, is working with people who choose to fly from certain airports. They are perfectly aware that they will be checked at the airport when they buy the ticket. In order to avoid this, they can merely not fly. That is it. They are not compelled to fly. There is no mention of a "right to fly without going through security" in the constitution.

Also, there are only about 70 airports that have these body scan and pat downs. Pat downs have been at airports for awhile and wands have too. But if they need the extra layer of security, then the passenger chooses which of the body scan or pat down you want. You are not compelled one way or the other.

When they do do the pat down, it is with the back of their hand, not the front, in sensitive areas.

Finally, trying listening to Bill Press. He gets the pat down every single time due to a health implant. He actually is required to do so, however, he doesn't have a problem with it. It's too quick for him to. If anyone could justify being put out, it would be he.

This isn't any more true than your saying that WWII was fought over religious freedom as I heard you say.

You may be writing a lot of books, but try reading some history or contract law books.

Kim

PS: Not everyone can call in to your show. Some areas do not get the show live. Some people actually have to work during those hours.

And Gilmore makes 17...

You need to know this... Support for Donald Trump's campaign is still growing nationally, and in early primary states, but he's not just gaining support in early primary states. A new poll from Florida shows that Trump is leading Jeb by 6 percentage points - and he's leading Rubio by 16 points.

From The Thom Hartmann Reader:
"With the ever-growing influence of corporate CEOs and their right-wing allies in all aspects of American life, Hartmann’s work is more relevant than ever. Throughout his career, Hartmann has spoken compellingly about the value of people-centered democracy and the challenges that millions of ordinary Americans face today as a result of a dogma dedicated to putting profit above all else. This collection is a rousing call for Americans to work together and put people first again."
Richard Trumka, President, AFL-CIO
From Cracking the Code:
"Thom Hartmann ought to be bronzed. His new book sets off from the same high plane as the last and offers explicit tools and how-to advice that will allow you to see, hear, and feel propaganda when it's directed at you and use the same techniques to refute it. His book would make a deaf-mute a better communicator. I want him on my reading table every day, and if you try one of his books, so will you."
Peter Coyote, actor and author of Sleeping Where I Fall
From The Thom Hartmann Reader:
"Right through the worst of the Bush years and into the present, Thom Hartmann has been one of the very few voices constantly willing to tell the truth. Rank him up there with Jon Stewart, Bill Moyers, and Paul Krugman for having the sheer persistent courage of his convictions."
Bill McKibben, author of Eaarth