Perdido 03

Perdido 03

Thursday, January 20, 2011

Class War - Bloomberg-Style

Norm at Ed Notes says Cathie Black's first non-prophylactic related public words at the PEP last night were about changing Last In, First Out rules, changing pensions, and firing the ATR's.

He says she was booed.

There was a rumor that people were going to bring condoms to the PEP and shower Cruella de Black with them.

Given the jive-ass bullshit she is slinging, toilet paper would have been the more appropriate matter to shower upon her.

Then again, she was just repeating what her boss, the Mayor of Money, said earlier in the day in his State of the City speech.

The outrages continue - especially against the unionized middle class.

Ironic given that the Fiscal Policy Institute revealed today saying the divide between the really, really rich and everybody else in New York City is the widest ever:

Some armchair economists like to argue that a rising tide lifts all boats, but these days the tide's just lifting the yachts, and the rest of us are actually working for minimum wage to manually raise the tide with buckets. According to a new study [pdf] from the Fiscal Policy Institute, the gap between the rich and poor was widened dramatically in NYC ever since the middle class's post-war golden era ended with the Reagan era. Since 1990, the income share of the top 1 percent of New Yorkers has doubled from 21.5 percent to 44 percent—this is almost double the historically high national level of 23.5 percent.

This is also the first time that an economic "recovery" has not restored family incomes and median wages to the peak of the previous business cycle. But the top one percent has recovered quite nicely from their slight dip, and that money hasn't exactly "trickled down"—but that's only to be expected, because furnishing deluxe underground bunker cities can be costly.

Of course Bloomberg and Black want to steal even more money for themselves and their super-rich cronies by attacking the middle class and unionized employees.

Why wouldn't they?

That's all they ever do.

We get class warfare, Bloomberg-style. Pit unionized middle class against nonunionized middle and working classes, steal more money for the super-rich.

Just another day at the office of Bloomberg and Black.

And just wait until Cuomo gets started.

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