via greekcabanaboy on youtube.
Amazing interview with author Chris Hedges discussing global, historical, political, economic, and moral aspects of the reasons for the protest and the larger movements to which it is related.
Interviewers: OK World! This is an extreme pleasure.
Chris Hedges: Do you want to ask me questions or do you want me to just say something?
I: Introduce yourself, and tell people who you are.
Chris Hedges: I’m Chris Hedges, and I’m a writer. I just got back from Immokalee Florida where the Coalition of Immokalee Workers (CIW) is about to begin a huge campaign against supermarkets like Trader Joe’s, Stop & Shop, Giant. Which is extremely important. Because if it succeeds, it will probably double the wages, which run between about $8,000 & $10,000 for agricultural workers in the tomato fields, who live in horrific conditions at best. And at worst, conditions that resemble slavery. But I’ve been following what’s been happening here (Wall Street Occupation) and this is really where the hope of America lies.
Notice the unequal recovery in national income share of corporations vs. wage/salary earners. Also notice how the ratio has changed from a fairly equal recovery in the 70′s and 80′s versus the 21st century recessions. Obviously, corporations are doing very poorly and we need tax cuts and less regulation to help them be more competitive. And let’s not forget to cut benefits and safety nets for those rapacious wage slaves!
via Northeastern University study: “The ‘Jobless and Wageless Recovery’ from the Great Recession of 2007-2009″
Today, Talking Points Memo revealed they had received a cease and desist letter from the NYSE claiming infringement for use of an image of the trading floor. In honor of this new low of copyright ridiculosity, I’m posting an image of the NYSE trading floor. A lovely photo from Flickr taken by Thomas J. O’Halloran. Enjoy!