Sunday April 6, 2014, 12:06 am
The term “Reich” in US politics can be quite confusing, because there are two: a right Reich and a wrong Reich. Even more confusing, the right Reich is the Reich on the left. He is economist,l Robert Reich, and virtually everything he presents is right. Conversely, the wrong Reich is the Reich on the right. It is the Republican Reich, the Republican attempt to convert the US into a totalitarian state, a plutocracy with sham elections, controlled media, and a state religion, Supply-side pseudo-Christianity, to control the masses. Virtually everything they present is wrong. Here is the right Reich.
Sunday April 6, 2014, 5:39 am
Thanks, TomCat, I always love to read something written by Robert Reich. Clear, to the point, based on facts. It is hard to see how people can not agree with him upon reading his columns, but I suppose if you don't want to, nothing will get through, not even the right Reich from the left.
It is also had to see that the 1% and their ilk can't see they are setting up a spiral in (world) economics that in the end will hurt them hard too, very hard. By taking away more from the middle and lower classes and driving the middle class into the lower class by cutting more jobs and lowering wages, the spiral continues downward and more people will have even less to spend. In the end the flow of money towards the 1% will dry up too and their large corporations will only have the inflated stock of their companies to show for their wealth. And since the stock market and all its derivatives have long since lost any connection with the true value of these companies, it has become a very large air balloon, with its burner running out of fuel and tears appearing in the fabric. And the 1% knows it will come down, but they simply are beyond change.
Sunday April 6, 2014, 6:07 am
LOL! Loved your paragraph TC – you used to write skits, didn't you – that was brilliant! Robert Reich is as always right – and the Right will never admit it as they try and grab every asset in the world for themselves…
Sunday April 6, 2014, 6:47 am
I agree with your 1 though 5 but I would amp it up. No one under twenty thousand should pay income tax. They just don't make enough money to pay income tax. The wealthy live large let then pay large.
Sunday April 6, 2014, 7:36 am
I'd vote for Robert Reich for president, that's how much I think of him and his wisdom. He also has a great sense of humor and he has compassion~ two things the GOP are greatly lacking. Our entire income tax program needs to be redone - it is beyond ridiculous that someone making less than $20,000 even has to file - and more ridiculous that someone like Mitt Romney pays less than his secretary. I like Gloria's comment: "The wealthy live large let then pay large."
Sunday April 6, 2014, 8:25 am
"What does the Supreme Court’s “McCutcheon” decision this week have to do with today’s jobs report, showing 192,000 new jobs for March? "\
A deeper look at those "new" jobs would show, I think, that they are not permanent, well paid, jobs with benefits. It has not been the practice of American companies to create such jobs in quite a long time. An analysis I saw in our local paper a couple days ago shows that there are still nearly 500,000 fewer governmental employees than before the crash. In a recession, recovery demands investment in infrastructure, even at deficit spending levels, creating more government jobs which can be loosely extended to teacher, police and fire, all manner of jobs that would not normally be thought of as government per se. But those are jobs that pay well, that create steady salaries that are spent in local economies and fuel recovery. The deficit is dealt with when recovery is complete. Robert Reich and Paul Krugman have both written on this extensively. While we may have "jobs" now roughly equivalent to post-crash times, we have not by any means recovered. The gap between the richest and poorest has widened beyond the scope of the grand canyon, the rich did very well during the recession, no one else did. The number of workers who are subsisting at poverty level wages in jobs without benefits is enormous and the real problem. The number of people who are below even that level is even greater. We have not even come close to stability in our economy and any politician who uses these numbers alone is a fool and unworthy of office. A clear and present danger to the future of this country. And they are legion.
The "Christian Right" is neither "Christian" nor "right"..I've always called them the Reich-wing. Robert Reich on the other hand is sort of Liberal, because there for a while (end of Bu$h era & starting Obama) he had a few articles that I didn't like so much. But for the last year or so he's gone back to Liberal basics & seems much more committed than before. I Like That!
Sunday April 6, 2014, 3:33 pm
Reich on TC! For further examination of what the R Reich is based on (historical precedents) let us see what Wiki has to tell us (forgive the length please):
From Wikipedia, the free encyclopedia
This article is about the German word Reich, and in particular its historical and political implications. For other uses, see Reich (disambiguation).
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (February 2011)
Look up reich in Wiktionary, the free dictionary.
Reich (/ˈraɪk/; German: [ˈʁaɪç] ( listen)) is a German word that could be roughly translated as "nation" or "realm." It may sometimes refer to one of the three major German empires that have existed. These were, respectively:
the Holy Roman Empire of the German Nation, which lasted from the coronation of Otto I as a Holy Roman Emperor in 962 to 1806, when it was dissolved during the Napoleonic Wars;
the German Empire, which lasted from the unification of Germany in 1871 to its collapse after World War I, during the German Revolution of 1918–1919;
Nazi Germany, the state commonly known as the Third Reich, which lasted from the Machtergreifung in 1933 to the End of World War II in Europe in 1945.
The term reich derives from the Germanic word meaning realm, kingdom, or empire. It is a word cognate with the English word rich, and still carries the same meaning when used as an adjective. More importantly, its homonym as a noun, Reich, is typically used in German to designate a kingdom or an empire, especially the Roman Empire. The terms Kaisertum and Kaiserreich are used in German to more specifically define an empire led by an emperor. To some extent Reich is comparable in meaning and development to the English word realm (via French reaume "kingdom" from Latin regalis "royal"). "Reich" has a more general meaning than these words, and can also be used for republics. It is part of the German name for neighboring countries such as France (Frankreich) and Austria (Österreich), which were once monarchies but became republics.
In the case of the Hohenzollern Empire (1871–1918), the official name of the country was Deutsches Reich, which is literally translated as "German Realm", because formally the official position of its head of state, in the Constitution of the German Empire, was a "presidency" of a confederation of German states led by the King of Prussia. The King of Prussia, who held this presidency, did assume the title of "German Emperor" (Deutscher Kaiser), but this referred to the German nation rather than directly to the "country" of Germany. The exact translation of the term "German Empire" would be Deutsches Kaiserreich. This name was sometimes used informally for Germany between 1871 and 1918, but it was disliked by the first German Emperor, Wilhelm I, and never became official.
The official name of Germany remained Deutsches Reich during the Weimar Republic period (1918-1933), since the word "Reich" was not understood to refer to any specific form of government, and could therefore be used by a republic as well as a monarchy.
The Latin etymological counterpart of Reich is not imperium, but rather regnum. Both terms translate to "rule, sovereignty, government", usually of monarchs (kings or emperors), but also of gods, and of the Christian God. The German version of the Lord's Prayer uses the words Dein Reich komme for "ἐλθέτω ἡ βασιλεία σου" (usually translated as "thy kingdom come" in English). Himmelreich is the German term for the concept of "kingdom of heaven".
In addition to its Latin cognate regnum (kingdom), Reich is also cognate with Scandinavian rike/rige, Dutch: rijk, Sanskrit: raj and English: -ric, as found in bishopric. Within these languages, as well as in German, the word does not necessarily refer to a monarchy, and can also be used for any state or nation in general."
I do believe this shows why your chosen term is such a good fit TC.
Sunday April 6, 2014, 4:28 pm
Gene is correct that any "new jobs" are likely not permanent nor paying a living wage. But even if they were, unemployment would still be God-awful, since the labor force is still growing faster than new jobs.
I would also vote for Robert Reich for President in a heartbeat, but I would be more than happy to have him back as Secretary of Labor, if we still have a Labor Department and the right wing didn't abolish it (why have a labor department when we are not going to allow anyone to work, after all).
I truly don't think the 1% does see anything coming. They think they are invincible and invulnerable, that they can do anything because of their money. They will be so surprised when they end up on the guillotine! I doubt however that I well be alive to see it and say "I told you so."
Sunday April 6, 2014, 5:05 pm
I watched his documentary and it was very good. Of course, no one but those who agree with him will watch it. If only all voters were forced to sit in a room and watch it, then have a Q and A with him. Sigh. If his suspension bridge is correct, and it takes another 40 years to correct this problem, I highly doubt I'll be around to see things improve. We need some major house cleaning at the government level, that is for sure. We need to hire for some jobs and get rid of others. I get USDA and FDA notices as a "share holder" (everyone can get these) and the amount of money I see being spent to teach corporations how to abide by the law is absolutely disgusting. And our government is proud of how they do this. And the loan rates for these people - anyone in agriculture can have their entire business paid for at only 0.87% interest on a loan, as well as getting paid when market rates go down so that they can hold on to their inventories and then sell when prices raise again. Or, the government just buys it all at an inflated market price so they won't lose money, and then the government gives it away to food banks (or tosses it in the trash - or hand it out to government workers - who knows if government personnel actually even pick up the commodities they just paid for? NO one. Except, of course, the farmer who might be getting paid by the government as well as being able to keep the inventory. Our government is a train wreck waiting to happen.
Sunday April 6, 2014, 8:53 pm
Reich is right as usual. I saw a woman interviewed on Sixty Minutes tonight who is working 57 hours a week at two part time jobs. She can't afford insurance even under the ACA and has diabetes. I suppose she is parts of the 47% Romney sneered at. My 85 year old mother who lives on Social Security and a small pension pays a higher tax rate than many of the 1%. Social Security was not taxable until REagan put it into effect.
Monday April 7, 2014, 6:16 am
Good comments.....no many of us most likely will not be around in 40 years. Just look at how many generations of ruin the Greedy Heartless Ones have caused. The sickening part is they really don't care either.
Monday April 7, 2014, 7:33 am
Ha, Ha! It so good to see some one who can use English as a First Language but do so with wit and art. Makes me glad that I finally unsubscribed and re-subscribed to C2NN, I was so tired of only getting the same articles that were 6 days old and growing older.
Interesting comments. If you are a liberal, a democrat or just left leaning you have to acknowledge a man that has won the Nobel Prize for economics, has something to say. One of my favorite things about Reich is his ability to write about economics so the layman can understand. That's key to getting your message heard. I also like that he does not try to strike fear in the heart of his readers. Do this or..... Remember when the US was all about jobs and everyone having an equal opportunity? I miss those days.