Do Not Pity the Democrats

Chris Hedges, Truthdig: "There are no longer any major institutions in American society, including the press, the educational system, the financial sector, labor unions, the arts, religious institutions and our dysfunctional political parties, which can be considered democratic.... The menace we face does not come from the insane wing of the Republican Party, which may make huge inroads in the coming elections, but the institutions tasked with protecting democratic participation.... Investing emotional and intellectual energy in electoral politics is a waste of time. Resistance means a radical break with the formal structures of American society. We must cut as many ties with consumer society and corporations as possible. We must build a new political and economic consciousness centered on the tangible issues of sustainable agriculture, self-sufficiency and radical environmental reform."

http://www.truth-out.org/do-not-pity-democrats63204



"Backlash: Right-Wing Radicals, High-Def Hucksters, and Paranoid Politics in the Age of Obama"

Thom Hartmann, Truthout: "'Backlash' is a brilliant overview of this most recent incarnation of the phony grassroots movements that arise or are funded - like the John Birch Society against Jack Kennedy and LBJ - to destroy Democratic presidents. From Tea Party to Tea Party, from Fox News to the reactive corporate media, Will Bunch has done a brilliant job of taking us inside this newest movement to preserve the rights, powers and wealth of the very, very rich."

http://www.truth-out.org/backlash-right-wing-radicals-high-def-hucksters-and-paranoid-politics-age-obama63192



Study Finds CEO Salaries Increase With Layoffs

Nadia Prupis, Truthout: "Executives of the top 50 job-cutting firms in the US earned 42 percent more than their peers in 2009, according to a report published by the Institute for Policy Studies (IPS). As the country's economy continues to struggle, and American workers earn less in weekly wages than they did in the 1970s (adjusted for inflation), executive salaries have remained substantially, disproportionately high. According to the IPS study, 'Executive Excess 2010: CEO Pay and the Great Recession,' after adjusting for inflation, the average CEO pay in 2009 is more than four times its average from the 1980s and approximately eight times what it was throughout the mid-20th century."

http://www.truth-out.org/study-finds-ceo-salaries-increase-with-layoffs63222

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