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Justice: Just another word for nothing left to lose
by Andrew Barbano
Jan 23, 2014 | 849 views | 0 0 comments | 18 18 recommendations | email to a friend | print
Our shining city on the hill is having trouble keeping the lights on.

This week arrived two toxic new coffin nails for the society and world that the myth of America once hoped to shape.

A study published by the British humanitarian organization Oxfam International concluded that the richest 85 individuals - 85 freakin' people! - possess wealth equal to that held by the poorest half of humanity. That's a ratio of 85 to 3,500,000,000.

Worse, the richest one percent of humans own 46 percent of global wealth.

Historically, only two things possess the power to turn things around: war or depression.

War, better known as politics by other means, is very inefficient. Depression is a bit less so. We've been trying less than all-out versions of both over the past decade or so, but neither has worked very well.

Wasteful U.S. war spending has inadvertently resulted in partially propping up an otherwise slumping economy since 2002, though mainstream media rarely delve that deeply. A tank for Afghanistan doesn't plow Nevada alfalfa.

Without the additional kerosene of the Federal Reserve's bond buying, the flicker of economic recovery sparked by President Obama's puny stimulus package would have petered out long ago.

This country took one brief detour toward justice from 1933 until 1947. Then, a conservative backlash took over congress and began a long retrogression.

President Franklin Roosevelt's policies spread prosperity and started allowing workers just compensation for their labor. The American middle class was born and flourished until the 1970s when the downhill slide began.

"This capture of opportunities by the rich at the expense of the poor and middle classes has helped create a situation where seven out of every 10 people in the world live in countries where inequality has increased since the 1980s and one percent of the world's families now own 46 percent of its wealth ($110 trillion)," Oxfam stated.

The joke's on the fatcats. By one guesstimate from the height of the recent mini-depression, there are still about $65 trillion (and perhaps much more) in speculative phony securities whizzing around the world.

No government is big enough to bail out such a potential collapse. The entire U.S. economy only books about $12 trillion a year. Great Depression II could take a serious bite out of the bank accounts of that 46 percent.

As always, Nevada would remain at the end of the chain letter. Our schools are falling apart with little hope of adequate funding and are thus increasingly a pathway to the prison system.

That dismal future is foreshadowed by the second coffin nail: Nearly half of U.S. black men and four of 10 white guys are arrested at least once on non-traffic crimes by the age of 23.

Therein lie the seeds of revolution or dissolution of the formerly United States.

Be well. Raise hell. Esté bien. Haga infierno.
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