10 December 2013 - At a time when Wall Street is absolutely swimming in wealth, New York City is experiencing an epidemic of homelessness. According to the New York Times, the last time there was this many homeless children in New York City was during the days of the Great Depression. And the number of homeless children in the United States overall recently set a new all-time record. As I mentioned yesterday, there are now 1.2 million public school kids in America that are homeless, and that number has gone up by about 72 percent since the start of the last recession. As Americans, we like to think of ourselves as "the wealthiest nation on the planet", and yet the number of young kids that don't even have a roof over their heads at night just keeps skyrocketing. There truly are "two Americas" today, and unfortunately most Americans that live in "good America" don't seem to really care too much about the extreme suffering that is going on in "bad America". In the end, what kind of price will we all pay for neglecting the most vulnerable members of our society?
Once upon a time, things were different in America. Nobody resented businessmen for building strong businesses and making lots of money. And successful businessmen such as Henry Ford hired large numbers of American workers and paid them very well. He felt that his workers should make enough money to buy the cars that they were building. In those days, businessmen were loyal to their workers and workers were loyal to those that employed them.
Unfortunately, those days are long gone. Today, in business schools all over America students are taught that the sole purpose of a corporation is to make as much money as possible for the stockholders. Not that there is anything wrong with making money. But at this point we have elevated greed above all other economic goals. Taking care of one another isn't even a consideration anymore.
In the old days, big businesses actually needed our labor. But that is now no longer the case. Today, corporations are shipping millions of our jobs overseas and they are replacing as many of us with technology as they possibly can. The value of the labor of the working man is declining with each passing day.
As a result, the fortunes of big business and American workers are increasingly diverging. For example, the disconnect between employment levels and stock prices has never been greater in this country. If you doubt this, just check out this chart.
And instead of fixing things, Barack Obama is negotiating a secret treaty which will result in millions more American jobs being shipped overseas. The following is a brief excerpt about this secret treaty from an Australian news source...
The government has refused the Senate access to the secret text of the trade deal it is negotiating in Singapore, saying it will only be made public after it has been signed.
As the final round of ministerial talks on the Trans-Pacific Partnership resumed on Sunday, Nobel prize-winning economist Joseph Stiglitz wrote to each of the 12 participating nations warning that the deal and the secrecy surrounding it presented ''grave risks''.
So why aren't we hearing much about this secret treaty from U.S. news sources?
If this is going to affect millions of American jobs, shouldn't the mainstream media be making a big deal out of this?