March 17, 2011
Three Quote Thursday
Contrary to what those in power would like you to believe, so that you’ll give up your pension, cut your wages, and settle for the life your great-grandparents had, America is not broke. Not by a long shot. The country is awash in wealth and cash. It’s just that it’s not in your hands. It has been transferred, in the greatest heist in history, from the workers and consumers to the banks and the portfolios of the uber-rich.
The law, which the Republican governor signed late Wednesday, beefs up the 1990 Emergency Financial Manager Act by giving a state-appointed manager the power to set aside labor contracts, fire local officials and even dissolve a community or school district.
[T]his is an assault on democracy. It’s a frontal assault on democracy. It’s a kind of a corporate coup d’état . . . .
By coup d'etat, I assume Miss Klein is referring to the seizure of the state capital by a mob, and the various assaults on and threats against Republican officeholders, while the police stand around with their hands in their pockets
Posted by: DBL2 | Mar 19, 2011 12:10:40 AM