| Dollar Democracy | Table of Contents |

Dollar Democracy excerpts:

  1. Buying American Politics and Selling Out the American Dream
  2. Jobs and the Economy
  3. Education
  4. Health Care
  5. Destroying our Environ-ment for Immediate Profits
  6. Big Agribusiness, Pesticides, GMOs
  7. The Great Recession
  8. Pentagon Waste, Fraud, and Abuse
  9. With Liberty and Justice for All
From Chapter 2 (p.36):

Jobs and the Economy: The Rich Are Getting Richer, The Poor Are Getting Poorer and The Middle Class Is Disappearing.

… The American Dream was alive and well from the 1940s until 1980. The Dream became a reality because millions of working Americans in the 1930s and 40s, coming out of the Great Depression, were able to organize into unions and demand through collective-bargaining, that their employers pay them their fair share of the wealth they were creating for their employers. As a result, working Americans were able to gain income and afford a middle class life. They could then buy their own homes and cars, educate their children in public schools, take summer vacations with their families, engage in recreational activities such as skiing and boating trips; all of this with just one income in the household.

Human Faces of the Disappearing Middle Class

In the last 30 years the American Middle Class shrank by a startling 10%. Now 40% of Americans consider themselves lower middle or lower class compared to 25% in 2008.

Rob McGann, of Pensacola, Florida, with an MBA (Master of Business Administration) degree, was a purchasing agent for Boeing. He was recently laid off and found part-time work at a Publix Supermarket. Although he now works full-time at the supermarket, his present pay is much lower than his previous. He’s not getting calls back from his job applications for higher paying professional work. His potential employers say he’s overqualified. This huge drop in income has left him sliding precariously out of the American middle class. He said, “It’s tough, it still is. It’s something I think about not only all day and every day, but all the time.” …

… Today, the rich have gotten richer, the poor have gotten poorer, and the middle class is disappearing quickly. For example, in the current anemic economic recovery from the Great Recession, the top one percent have captured 93% of the new income that was generated. To put this in perspective, in 1980, the income of the average CEO was 40 times the income of the average American worker; today however, the average CEO income is almost 400 times the average worker’s income. Because of the outsourcing of American middle class jobs by corporate CEOs to low wage countries, the American working middle class has lost income and purchasing power. That’s why millions of middle income Americans don’t qualify to buy a home, and millions have lost their homes to foreclosure. Millions more have now become poor and can’t afford enough food to eat. … Many American young people of the Millennial Generation are forced to live at home with their parents because they can’t find jobs. Many of the same youth can’t afford to go to college or technical and trade school, because the tuitions have been raised exorbitantly by state politicians. These very same politicians, themselves, benefited from tuition free colleges in California in the 1960s and ‘70s. …

TPP Is NAFTA on Steroids for the U.S. and Pacific Rim Nations. Free Trade and NAFTA (North American Free Trade Agreement) worked very well for the top 1%, mostly super-rich corporate owners. For the bottom 99% of Americans, mostly workers, Free Trade and NAFTA are a disaster, as we’ve seen. And yet, American corporate elites and their sponsored politicians are not content with the enormous riches they have gained from Free Trade and Globalization. They are pushing hard to pass a Free Trade Agreement among the United States and 11 Pacific rim nations. This so-called Trans-Pacific Partnership (TPP) is lead by President Obama, nearly all Republicans in Congress, and a large number of Democrats in Congress. What do they have in common? The bulk of their campaign contributions have come from corporate and big business interests. …

Since it has not been finalized, we can look at some of its proposals. The TPP will “allow foreign corporations to sue the United States government for actions that undermine their ‘expectations’ and hurt their business, …” (“Trans-Pacific Partnership Seen as Door for Foreign Suits Against U.S.”, by Jonathan Weisman, New York Times, March 25, 2015). Corporations and private investors would be allowed to challenge local, state, or federal government rules, regulations, actions, and court rulings before tribunals, established by the World Bank or the United Nations, made up of unelected judges, many of whom were corporate lawyers. Now corporations, not government, would be allowed to rule the people.
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Book Review: Dollar Democracy: With Liberty and Justice for Some; How to Reclaim the American Dream for All

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by  | American News Service | Book Review

Many questions torment America in the dark night of its soul, but its seems Corporate CEO pay emerges as one of this year’s hottest trending issues. At the midway point to the next election, this and other hotly contested issues  are shackled and tackled in Professor Peter Mathews’ must-read new bookDollar Democracy: with Liberty and Justice for Some; How to Reclaim the American Dream for All.

Despite the country’s dire state of affairs, Mathews remains optimistic, and closes the opus with some viable plan for the people to reclaim the American Dream. The literary equivalent of a one-man million-man march for equality and justice for every U.S. citizen.” Review by Kam Williams, Syndicated columnist

Read this book about Corporations and their pampered and panderingpolitical offspring.  Act Accordingly. Our country is in the midst of an uncivil war between the alarmingly powerful, determined to destroy the middle class and the intentionally left behind.

Professor  Peter Mathews’ book  serves as a counterpoint to those who luxuriate in denying the reality of America’s  rapidly changing social landscape. We are dangerously close to cementing a permanent American catastrophe. Mathews  boldly and unapologetically asks questions and gives solutions that the media/propaganda machine purposefully ignore. He  closes the tome with a checklist of high crimes and misdemeanors and an urgent call to conscience and about what needs to be done next.

Determining our actions today can move us towards either a stronger, more positive future, or a future shrouded in fear, poverty, war. This book is written as a primer for people of all ages and all classes who want answers.

Professor Mathews speaks in a voice that resounds with clarity and conviction as he examines the direct and intentional outcome of  separate policies that were advocated, starting with the Reagan administration, to intentionally deceive and destroy the middle class.  In a full frontal attack by the corporate manipulators  Mathews  details how the middle class has become superfluous to the very rich and why various policies were deliberately created to eliminate them. Their defining characteristic is dirty, scorched-earth partisanship carried out regardless of cost.  Conservatives are anxious again to finish first – with the big prize-monopoly control of the American government, and the power to turn their ideology into the law of the land.  Quite a bargain at any price. People want answers, but our compromised leaders can’t provide them because bold actions carry too much political risk.  Meanwhile the corporations are booming and running roughshod over us. They are operating in their own time and space continuum that is increasingly supranational – disconnected from local concerns and their home markets.

Mathews reveals that there are fat corporate balance sheets ready to create jobs and prosperity – just not in America.  While corporations feign heartfelt pledges of allegiance to the U.S., they still must depend on the government to protect intellectual property and keep waterways safe so they can deliver their made-in-China supplies to us.  This formidable book brings to light of day important new information regarding how the Corporate manipulators are destroying our country.

       Dollar Democracy is a riveting read, the text, defiantly disturbing. Mathews’ writing style passionately grounded in integrity and reality. The conclusions of his detective work fit together like sword and scabbard. He gives his reader so much juicy information, a veritable tsunami of corporate skullduggery. He doesn’t mince words and he doesn’t hold back when identifying the cauldrons of chaos they have created. He exposes these and others among the secret corporate power elite as the coolly vicious orchestrators of wars and grand-scale theft. Mathews  also details the mind-boggling sums of money their CEO’s reap from the proceeds of their crony capitalism. And what’s interesting is that the fortunes of corporations are totally delinked from the fortunes of the rest of the world. The 2008 financial crisis devastated hundreds of millions of people, but the following year Wall Street revenue hit US$60 billion, a historic high, thanks in large part to the massive injection of public money they received. Average wages in developed countries have dropped since the crisis, but the median pay for CEOs in the US now exceeds $10 million. A CEO now makes about 357 times more than the average worker’s salary in the U.S., up from 181 times in 2009 and 40 times in 1980.  The divide between the have-nots and have-yachts  is getting worse really, really fast. In 1980, the top 1 percent controlled about 8 percent of U.S. national income. The bottom 50 percent shared about 18 percent. Today the top 1 percent capture about 20 percent; the bottom 50 percent, just 12 percent.

But the problem isn’t that we have inequality. Some inequality is intrinsic to any high-functioning capitalist economy. The problem is that inequality is at historically high levels and getting worse every day. Our country is rapidly becoming less a capitalist society and more a feudal society. Unless our policies change dramatically, the middle class will disappear, and we will be back to late 18th-century France. Before the revolution.

Crony politicians have made decisions that led to outsourcing good middle class jobs, dismantling our public education system kindergarten through college and university; deteriorating  health care that leaves Americans in danger, sick and broke; the destroying of our environment and lives; the polluting of our food through deregulation of big agribusiness, pesticide use and the proliferation of Genetically Modified (GMO) foods; the crash of Wall Street and the Great Recession from which the bottom 99% of Americans have not yet recovered; while the super wealthy are doing better than ever.

Mind-blowing from the beginning, Mathews’ book takes an even more astounding contemporary turn when he declares their efforts over the past thirty years have succeeded. The middle class democracy that made America great is in seemingly irreversible decline. Mathews clearly shows how the Corporations and their crony politicians  have hoodwinked America by separating speech and thought.

But wait, Mathew is a political pugilist, ready to lob a whole arsenal of answers on how we can reverse these trends and return middle-class democracy. He proposes comprehensive, bold, visionary solutions to restore America’s formidable democracy and make this country great again.

Can the truth change the course of history? If the truth can heal, then this book is a prescription for accountability. It is a must-read for anyone who believes that following our constitution must be mandatory for the pursuit of good government and that our once vibrant and powerful democracy is not for sale to the highest bidder and the too-clever-for-word machinations of the Corporate Pollution Politics.

Dollar Democracy is really a blueprint for Americans that have had enough. And that means 99% of us.


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