eVille Times

Sunday, December 18, 2016

Daddy State Survival Manual

Lesson 1: How to bust outa those ZipCuffs thingies.

Playing God

I saw a critter suffering today.
I watched and watched and watched some more.
And then I walked away.

Today's Tweet

Have you noticed the GOP considers "treason" something only possible by women or minorities? #TrumpKnew
— Tea Pain (@TeaPainUSA) December 18, 2016

Saturday, December 17, 2016

The Wealth Gap Just Gets Worse

Both Bernie and Hillary tried with this, but the message was never enough to cut thru the frenzied clutter of the Trump Chaff Machine, plus the Voter Suppression that the GOP has been working on for 20 years, plus the Kremlin, plus the FBI, plus the Rat-Fucking and the Fake News and and and.

From The Institute For Policy Studies:

Key findings

Just 100 CEOs have company retirement funds worth $4.7 billion — a sum equal to the entire retirement savings of the 41 percent of U.S. families with the smallest nest eggs.

This $4.7 billion total is also equal to the entire retirement savings of the bottom:

59 percent of African-American families
75 percent of Latino families
55 percent of female-headed households
44 percent of white working class households

On average, the top 100 CEO nest eggs are large enough to generate for each of these
executives a $253,088 monthly retirement check for the rest of their lives.

Among ordinary workers, those lucky enough to have 401(k) plans had a median balance at the end of 2013 of $18,433, enough for a monthly retirement check of just $101.

Of workers 56-61 years old, 39 percent have no employer-sponsored retirement plan whatsoever and will likely depend entirely on Social Security, which pays an average benefit of $1,239 per month.

With nearly $3 billion in special tax-deferred accounts, Fortune 500 CEOs stand to gain enormously from Trump’s proposed tax cuts on top earners.

If President-elect Donald Trump succeeds in cutting the top marginal tax rate from 39.6 percent to 33 percent, Fortune 500 CEOs would save $196 million on the income taxes they would owe if they withdrew their tax-deferred funds.

Unlike ordinary 401(k) holders, most top CEOs have no limits on annual contributions
to their tax-deferred accounts. In 2015 alone, Fortune 500 CEOs saved $92 million on their taxes by putting $238 million more in these accounts than they could have if they were subject to the same rules as other workers.

Michael Neidorff, the CEO of Centene, a provider of health plans to Medicaid recipients and other low-income Americans, has nearly $140 million in his deferred compensation account, up 658 percent since the 2010 launch of Obamacare.

The retirement asset gap between CEOs mirrors the racial and gender divides among ordinary Americans.

The 10 white male CEOs with the largest retirement funds hold a combined $1.4 billion, more than eight times more than the 10 CEOs of color with the largest retirement assets and nearly five times as much as the top 10 female CEOs.

Resist

Robert Reich in AlterNet

As the era of Trump approaches, some of you are succumbing to the following four syndromes:

1. Normalizer Syndrome. You want to believe Trump will be just another president—more conservative and pompous than most, but one who will make rational decisions once in office.

You are under a grave delusion. Trump has a serious personality disorder and will pose a clear and present danger to America and the world.

2. Outrage Numbness Syndrome. You are no longer outraged by what Trump says or what he does—his incessant lies, his cabinet picks, his bullying, his hatefulness—because you’ve gone numb. You can’t conceive that someone like this is becoming president of the United States, so you’ve shut down emotionally. Maybe you’ve even stopped reading the news.

You need to get back in touch with your emotions and reengage with what’s happening.

3. Cynical Syndrome. You’ve become so cynical about the whole system—the Democrats who gave up on the working class and thereby opened the way for Trump, the Republicans who suppressed votes around the country, the media that gave Trump all the free time he wanted, the establishment that rigged the system—that you say the hell with it. Let Trump do his worst. How much worse can it get?

You need to wake up. It can get a lot worse.

4. Helpless Syndrome. You aren’t in denial. You know that nothing about this is normal; you haven’t become numb or stopped reading the news; you haven’t succumbed to cynicism. You desperately want to do something to prevent what’s about to occur.

But you don’t know what to do. You feel utterly powerless and immobilized.

Millions of others feel equally powerless. But taking action—demonstrating, resisting, objecting, demanding, speaking truth, joining with others, making a ruckus, and never ceasing to fight Trump’s pending tyranny—will empower you. And with that power you will not only minimize the damage that is about to occur, but also get this nation and the world back on the course it must be on.

If you find yourself falling into one or more of these syndromes, that’s understandable. Normalizing, numbing, becoming cynical, and feeling powerless are natural human responses to the gross absurdity and genuine peril posed by Trump.

But I urge you to pull yourself out. We need you in the peaceful resistance army, starting January 20.