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June 17, 2002
Dave Marsh
Corporate
Buy Outs and the Decline of Teen Jive
Robert Jensen
Rhetoric
Distorts Realities
June 15 / 16, 2002
Tanweer Akram
A Review
of Noam Chomsky's 9-11
Daniel Wolff
The Day
They Shot a Wolf in the Ghetto and What It Meant
Ralph Nader
A Corporate
Crime State
David Vest
Have You
Been Serviced?
Karl Kraus
A Minor
Detail
Alexander Cockburn
The
Terrorism of Everyday Life
June 14, 2002
Mark Weisbrot
US Trade
Policy:
"Do as We Say, Not as We Did"
Starhawk
The Boy Who Kissed the Soldier
David Krieger
Farewell
to the ABM Treaty
Tom Turnipseed
The Fear Factor to Promote
War and Trample Truth
Steve Perry
How the
Bush Adminstration Buried Coleen Rowley
June 13, 2002
Linda Belanger
Israeli-Palestinian
Conflict:
The Story Behind the Headlines
Amira Hass
Indefinite
Siege
Mokhiber / Weissman
Time to Put Lives Over Patents
Robert Fisk
Bush's Weird
War
Stanton / Madsen
Democracy
in Crisis:
What is to be Done?
Roldan Tomasz Suárez
Venezuela:
Five Facts
About the Coup
June 12, 2002
Fran Shor
Dirty Bombs, Blowback
and Imperial Projections
Dave Marsh
Shelley
Stewart, Radio and the Birmingham Civil Rights Movement
Chris Floyd
Murder, Inc.
June 11, 2002
Omar Barghouti
On Dance, Identity and War
Robert Fisk
The Bush
Afghan Gang:
Murderers, Gangsters, Stooges
Minerva Wright
The Donkeys of the Holy Land
David Krieger
Stopping
a Nuclear War
in South Asia
June 10, 2002
Jeffrey St. Clair
Executioner's Last Songs
June 8/9, 2002
Gavin Keeney
Mademoiselle
M.
Or Getting Screwed in Paris
Susan Davis
Sleepless
in the Suburbs
Curing Insomnia: a new use for The Nation?
George Sunderland
"Send
in the Weekly
Standard": The Screaming Pundits Assault Corps
June 7, 2002
Michael Colby
Bush to the Nation:
You're All Cops Now
Tanweer Akram
Howard
Zinn's "Terrorism
and War": a review
David Krieger
New Security Challenges
Sam Bahour
The Palestinian
Intifada:
A Very American Struggle
Tom Turnipseed
A Crisis of Confidence
in US Leadership
June 6, 2002
Michael Colby
White House
vs. EPA:
Political Hot Air and
Global Warming
Ron Jacobs
The Indo-Pakistan Conflict:
It's Just a Shot Away
Francis Boyle
Take Sharon
to The Hague:
Prosecute Israeli War Crimes
at Jenin
CounterPunch Bulletin
60 Minutes and President Chavez's
Censored F-Word
Mark Weisbrot
Spying
and Lying:
The FBI's Shameful Past
June 5, 2002
Robert Fisk
Berlusconi the Censor
Danielle Brian
Nuclear
Plants and Terrorism
Ardeshir Cowasjee
For What Do We Fight?
George Monbiot
Kashmir
on the Brink
Michael Neumann
What is Antisemitism?
June 4, 2002
Dave Marsh
Bono the Useful Idiot
William Evan / Francis
Boyle
Kashmir:
Invoking Intl. Law to Avoid Nuclear War
Cockburn / St. Clair
The Future Wellstone Deserves
June 3, 2002
Ramdas / Makhijani
India,
Pakistan and Nukes:
A Road Map to Peace
Fran Shor
Meanwhile, Back in Afghanistan
Neve Gordon
The Caterpillar
Effect
Resources:
100s of Links
About 9/11
CounterPunch:
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Coverage of 9/11 and Its Aftermath
Five
Days That
Shook The World:
Seattle and Beyond
By Alexander
Cockburn
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Photos by Allan Sekula
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Robust Heroin Market and Helped to Finance the Rise of the Taliban
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Whiteout:
CIA, Drugs & the
Press
by Alexander
Cockburn
and Jeffrey St. Clair
The Memphis Blues Again:
Six Decades of Memphis Music Photographs
Photos by Ernest Withers
Text by Daniel Wolff
The New Intifada:
Resisting Israel's Apartheid
Edited by Roane Carey
A Pocket Guide to
Environmental Bad Guys
by James Ridgeway
and Jeffrey St. Clair
The
Phoenix Program
by Douglas Valentine
Al Gore:
A User's Manual
by Cockburn
and St. Clair
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Reviews of Gore:
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|
June 17,
2002
Time for a Maximum
Income Law
by Philip Farruggio
OK, here's the deal: economic theory need not be
formulated and postulated by some MBA, or some "pencil cruncher".
In David Kennedy's fantastic look back at the Great Depression,
Freedom
From Fear: the American People in Depression and War,
he states the bold innovative theories that FDR and his advisors
submitted. FDR felt that this country had enough production:
what we as a nation lacked was consumption. If the American public
had enough money to consume properly, business would have the
necessary demand to produce more, and so on and so on. Simply
put, what was needed was a fairer redistribution of money that
would "lift" America up economically. Makes sense,
no?
It doesn't take a rocket scientist to
realize the more that money is equally spread out, the more consumption
we will have. the more savings we will have, and so on and so
on. Being essentially a simple man, allow an analogy. Company
A has 1000 employees. Let's say the CEO earns his or her $10
million a year (not uncommon in these times, as the top 10 U.S.
CEO's average well over $100 million each a year). The top management
tier just below earn their few million a year each. Suppose we
took the FDR scenario to heart and "redistributed"
some of those top heavy incomes a bit. Suppose we had the CEO
cut his or her package from $10 million to $5 million, and the
tier below follow suit as well. Let's say we put about 10 million
big ones into the pot, to now be spread out amongst the 1000
employees, in equal shares. We divide that 10 million smackeroos
by the 1000 and we get $10,000 a year more per employee. Now,
I don't know about you, but $10,000 extra a year could buy lots
and lots of appliances, clothing, cars, vacations, home improvements,
even the down payment for a new house. Think of all the jobs
that would be created by this added consumption. Think of all
the money banks and mutual funds and money funds would receive.
Think of how many families would advance from renting to now
owning that home sweet home.
The irony is that no one in the mainstream
media will even attempt to address such a simple and workable
economic ideal. They say it's not the American Way. Well tell
me, what is the "American Way"? What, for that matter
is the "Christian Way"? I recall gospels telling about
the man from Nazareth taking a few fish and loaves and creating
enough for all. No, methinks that our current Darwinian system
has not and will not work for the millions who are one or two
paychecks from the street. It's time to "talk turkey"
and institute a national maximum income as a model for the world
to follow.
Philip Farruggio,
son of a longshoreman, is "Blue Collar Brooklyn" born,
raised and educated (Brooklyn College, Class of '74). A former
progressive talk show host, Philip runs a mfg. rep. business
and writes for many publications. He lives in Port Orange, FL.
You can contact him at: brooklynphilly@aol.com.
Today's
Features
Dave Marsh
Corporate
Buy Outs and the Decline of Teen Jive
Robert Jensen
Rhetoric
Distorts Realities
David Vest
Shut Up
and Clap
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