Jim Manis on Most Anything

Jim Manis can formulate an opinion about a good many things, including those about which he has little knowledge. (And some dude named "Lazlo.") Visit The MagicFactory.

Thursday, November 04, 2010

Prognosis: Unemployment will remain high as long as Obama is in the White House

The top 5 percent in the U. S. has continued to make record amounts of money throughout the recession. They have no motivation to move the economy along just so the other 95 percent can get back to the levels of stagnation that we have endured over the past thirty years.

Is it a conspiracy? Not really. Those at the top don't need to sit down and discuss this. It is readily apparent in their quarterly statements.

So what does Obama have to do with this? Those at the top, by and large, are simply afraid of what he represents to working people. They felt the same way about Clinton, but Clinton's health care initiative was defeated, and he had to spend most of his two terms working with a Republican congress that pushed the country's top five's agenda: keep wages at pre 198o levels, reduce benefits, destroy any attempts on the part of labor to unite.

By the way, Bush admits in his new book, Decision Points, that he authorized water boarding. No one, however, much expects him to be tried for violation of various torture agreements. After all, he's a member of the top 5 percent, and thus above the law. In Bush's words, "Damn right" he authorized torture. Naturally, he denies the act was torture. Silly semantics. It's only torture when it's done to you, not when you do it to someone else.

Bush said he'd do it again to save lives, and he knows that's why it was being done because Dick Cheney told him so. (Luke, you are my fodder!)

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