I thought progressive taxes and regulations were supposed to improve the lives of the poor and middle class. It’s hard to think of a place more progressive than New York City, and yet …
According to the Census findings, things have gone the other way in NYC in recent years. What say you, Mayor?
June 1, 2012
December 13, 2011
“When government comes unduly under the influence of business, the tendency is to develop an administration which closes the door of opportunity; becomes narrow and selfish in its outlook, and results in an oligarchy … When government enters the field of business with its great resources, it has a tendency to extravagance and inefficiency, but, having the power to crush all competitors, likewise closes the door of opportunity and results in monopoly.” – Calvin Coolidge, Chamber of Commerce of New York State, November 1925.
October 19, 2011
From the Oregonian:
Occupiers of Wherever, I have bad news for you: Billionaires make their billions by selling stuff for $49.95 with a two-year contract to “occupiers” like you. If you have a smart phone/pad, are sleeping in an REI tent, wear Nike/Adidas/Reebok, shop at Trader Joe’s, drink Starbucks (organic) coffee, occasionally eat at McDonald’s, or bought a new hybrid with “cash for clunkers,” you are part of the problem. You buy their stuff. That’s how they got rich.
You wanted that new iPhone with the latest apps preloaded. You signed up for guaranteed college loans to pay for a degree in “liberal studies.” You can’t wait to update your Facebook page or Tweet with your latest exploits. You love stuff. Admit it.
Greed isn’t only for the rich. We live in a cage we built ourselves out of the stuff we bought, usually on credit. (Nice sleeping bag, by the way.)
More commentary on OWS here.