Monday, November 12, 2012

President Svengali

If you believe the piece in today's White House propaganda bullhorn (a/k/a the New York Times), President Obama thinks the reason he lost the Grand Bargain last time around was because he didn't do a good enough job selling "folks" on the idea.

His place in history in danger, Barry will first have a meet-up with a group of corporate fat cats to ask them what they want. He will later hit the road and do what he does best: hold rallies, and campaign, campaign, campaign. He will persuade crowds of adoring fans to pressure Congress to just get along and shovel the bipartishit. I am not kidding. Here is exactly what the Gray Lady is spewing this morning:
And with the election campaign over, the campaign for the Obama legacy begins: Mr. Obama will keep his grass-roots organization in place to “have the president’s back,” as its members like to say, on the budget negotiations and other issues in the second term.
(snip)  
Some of the business leaders the president will meet with on Wednesday are members of the new Fix the Debt coalition, which has raised about $40 million to urge lawmakers and their constituents to support a plan that combines spending cuts with new revenue. That session will follow Mr. Obama’s meeting with labor leaders on Tuesday.
His first trip outside Washington to engage the public will come after Thanksgiving, since Mr. Obama is scheduled to leave next weekend on a diplomatic trip to Asia. Travel plans are still sketchy, partly because his December calendar is full of the traditional holiday parties.
 
This is so sickening, on so many levels. First, his campaign operatives persist in falsely portraying him as a hapless warrior prince. We, his loyal subjects, must give him cover as he battles the dark knights of the Republican Party. But as temporary Emperor, he must first travel to the Far East to extend the American realm, chest-thump at the Chinese, and negotiate trade deals for the creation of more wage slaves. Then, he will sacrifice his precious time in order to mass-hypnotize regular people between rounds of holiday parties to which only the elites are invited. What a busy, busy man. So much to creatively destroy, so little time.

Not that it will do any good, but I did write a response to the White House press release. Here it is:
Let me get this straight. President Obama is going to "rally the public" by first making nice with the deficit scold/corporate crowd.Then he will essentially fall back into endless campaign mode, somehow convincing us that cutting Medicare and Social Security will be good for us.
What's he going to say? "Call Congress and tell them you can make do with a smaller retirement check if Warren Buffett pays a few dollars more in taxes! Tell them it's not fair to ask you to cut back on your medical care without first asking Jamie Dimon to give up the tax loophole on his corporate jet". That will go over very well at public rallies, I'm sure. 
Oh, he'll use more subtle phraseology. Words like "shared sacrifice" and "economic patriotism" and "the wealthy should be asked politely to pay a little more" will flow like honey from his lips.
The president should get a clue, pronto. A lot of people voted for him only because Romney would have been worse. If Barack Obama thinks he's Svengali, and we are a nation of Trilbys who will sing for our own destruction, he'd better think again.
 
Lo-o-o-o-k Into My Eyes, Sh-a-a-a-re the Sacrifice
 
Paul Krugman wrote a follow-up to his last column, warning the president not to listen to deficit hypocrites Erskine Bowles (rumored to replace Tim Geithner) and Alan Simpson. Uh-oh. Too late. Krugman's paper just informed us that Obama will indeed be listening to them, real hard, this coming week. But the good professor in certainly right about the nefarious methods to their madness:
It’s not just the fact that the deficit scolds have been wrong about everything so far. Recent events have also demonstrated clearly what was already apparent to careful observers: the deficit-scold movement was never really about the deficit. Instead, it was about using deficit fears to shred the social safety net. And letting that happen wouldn’t just be bad policy; it would be a betrayal of the Americans who just re-elected a health-reformer president and voted in some of the most progressive senators ever.
But, same as last time, he stopped just short of mentioning that it was President Obama himself who dreamed up the Bowles-Simpson Catfood Commission. He does not mention that the president himself is taking a leading role in the slashing of the safety net. My response: 
The only thing scarier than appointing Erskine Bowles to replace Timothy Geithner is appointing Geithner to replace himself. BFF to the banksters that he is, he agreed to stay on at least through January to steer us through the fiscal bluff -- oops, "fiscal cliff" negotiations.
Cutting Social Security and Medicare is so unpopular that every politician who ran on a platform of deficit reduction based on the Bowles-Simpson plan was defeated last week. Every single one, that is, except President Obama. He made his wish for a B-S grand bargain a highlight of his acceptance speech. He mentioned it frequently during his campaign. Far from being pressured, he himself is pressuring "the party of regular folks" to join him in the dismantling of the New Deal.
Editorial boards and centrist think tanks and greedy CEOs are in bandwagon echo chamber mode. They're clamoring for safety net cuts right in the middle of this humanitarian crisis of unemployment and plummeting wages. The other looming catastrophe of climate change coupled with crumbling infrastructure is ignored, while B-S trial balloons are soaring through the stratosphere.
Former OMB director Peter Orszag (now a Citigroup vice chairman), just wrote a piece suggesting that Social Security needs to be cut, despite admitting that it has zilch to do with the deficit!
Something is rotten inside the Beltway. Mitt may have lost, but this whole thing is beginning to smell like the Bain method of creative destruction.
 
The other reader comments, for the most part, fall along the lines of "gee, I hope the president gets a backbone and fights back this time." The kool-aid opiate has a long half-life. I reckon. It's going to take some time for them to emerge from the post-election euphoria in order for the full impact of the Barack Smack to register. 

The readers who responded to my comment were right on the mark, though. To view those, scroll down to mine, the seventh comment under "Oldest". Robert Sadin of Brooklyn thinks we need to Occupy Obama. The trick, of course, will be getting past that new law that protects elected officials from having to actually hear the voices of citizen demonstrators. 

President Obama, you remember, signed H.R. 347 last spring to make sure that protesters at the NATO summit in Chicago were neither seen nor heard by his invited guests and global dignitaries.

He doesn't really need the law, though. The few hecklers at his campaign speeches all tend to get drowned out without the help of the Secret Service. As if on mass hypnotic cue, the crowd roars.

"Four more YEARS. Four more YEARS. Four more YEARS."
 

Sunday, November 11, 2012

By Populist Request....

Several of you have been asking how the alternative presidential candidates fared in our quadrennial exercise of citizen participation. Here, courtesy of Global Research, are the preliminary unofficial results: (the Florida count wasn't made official until after the release of this chart, so although I corrected the electoral vote count, the popular vote is still off. And anyway, we won't see the final tally until all the absentee and provisional ballots are counted.)

I was surprised to see Roseanne Barr of the Peace and Freedom Party coming out ahead of Rocky Anderson of the Justice Party. Barr, incidentally, shared the ticket with Bush bete noire and anti-war activist Cindy Sheehan.

Candidate (Party)Electoral votesStates carriedPopular votePercent
Obama (Democratic)33225+DC61,304,42650.51%
Romney (Republican)2062558,230,91947.98%
Johnson (Libertarian)001,178,4420.97%
Stein (Green)00414,5450.34%
Goode (Constitution)00113,9470.09%
Barr (Peace and Freedom)0049,3800.04%
Anderson (Justice)0035,4900.03%
Others0039,8220.03%
Total53851121,366,971100.00%


 

Friday, November 9, 2012

The Slippery Slope of the Fiscal Cliff

Feel like reading the handwriting on the wall about what your overlords have in store for you this week? Even better, are you up for getting really bold and reading between the lines? Look no further than the homepage of The New York Times on any given day for the latest trial balloons, controlled leaks, fear-mongering and all-purpose propaganda.

Connecting the dots is the way this game is played. There are two stories and one op-ed up today that at first glance may not seem to be related. But they definitely are.

The first headline screams something about lawmakers in Washington scrambling like mad to cut a budget deal in the lame-duck session to avert a national catastrophe quaintly known as the "Fiscal Cliff." This totally manufactured piece of disaster theater was set up after the Debt Ceiling Kabuki a year ago by an unelected senatorial "Supercommittee" which stipulated that unless Congress cuts a budget deal this year, there will be horrible terrible cuts to Pentagon spending and the Bush tax cuts will expire. Sounds pretty good, huh?

Not so fast, citizens. Another headline shrills that one of our unarmed American spy drones was shot at by the Iranians a few miles off their own coast, in a terrifying act of misplaced aggression! So if you thought that going off the fiscal cliff and cutting money off from our eternal war machine is still a good idea, be afraid be very afraid. Feel the terror, and submit before you hurl.... off the cliff.

Even though reasonable people reasonably state that the fiscal cliff is more like a gradual slope and that there is no urgency in letting us slide gently down it for awhile next year until a new,
somewhat more liberal Congress can deal with it at its customary leisure, The Times is having none of this calm rationale. It sees a "rising urgency" in getting a deal cut. That is because Catfood Commissioners Erskine Bowles and Alan Simpson (the B.S. Duo) are leading an astroturf rampage of Wall Street CEOs in a Bain-like campaign to gut the social safety net in order to enrich themselves. The Times article reads like an unedited press release from a centrist think tank (Third Way comes to mind):
 Senior lawmakers said Thursday that they were moving quickly to take advantage of the postelection political atmosphere to try to strike an agreement that would avert a fiscal crisis early next year when trillions of dollars in tax increases and automatic spending cuts begin to go into force. (hurry to take advantage of a cowed populace still basking in the O-gasmic afterglow and too busy trashing Karl Rove to notice the incipient betrayal.)   
Senator Bob Corker, Republican of Tennessee, said he had begun circulating a draft plan to overhaul the tax code and entitlements, had met with 25 senators from both parties and “been on the phone nonstop since the election.” (Before his own self-congratulatory tears had even dried on his face,President Obama was also on the phone, reaching out to Boehner and McConnell, while his starstruck fans slept, blissfully unaware of the incipient betrayal.)
Senator Olympia J. Snowe, the Maine Republican who will retire at the end of the year, made it clear that she intended to press for a deal to avert the so-called fiscal cliff and get serious on the deficit, lame duck or not.
“The message and signals we send in the coming days could bear serious consequences for this country,” she said. “It could trigger another downgrade. It could trigger a global financial crisis. This is a very consequential moment.” (What a bunch of bullshit. It's not critical, it's not consequential, the deficit is not important to anyone but CEOs, and no way are these clowns even remotely serious. Seriously cynical, maybe. Did Olympia mention she is under consideration for an Obama Administration appointment in between revolving door spins to lobby shops?)
 
Senator Charles E. Schumer of New York, the No. 3 Senate Democrat, extended an olive branch to Republicans, suggesting Thursday that he could accept a tax plan that leaves the top tax rate at 35 percent, provided that loophole closings would hit the rich, not the middle class. He previously had said that he would accept nothing short of a return to the top tax rate of Bill Clinton’s presidency, 39.6 percent. (Democratic mandate? What Democratic mandate? Oh, never mind. Chuck's constituency is the Wall Street plutocracy. But since he's not up for re-election to his permanent seat for several years yet, it's safe to play Bad Cop.) 
Meanwhile, the Iranian attack on a piece of flying metal that resembles an upside-down-spoon was announced for the blatant purpose of scaring us. Call your Congress Critters pronto, and demand that open-ended funding for the eternal war machine to avoid the precipice! If we go down the fiscal cliff in a few months, that will not be good for American Empire and definitely not good for the defense contractors' bottom lines. Drone production will come to a screeching halt unless we act, and act right now, to avert fiscal catastrophe.

Oh, and although the alleged attack took place a week before the election, it was not revealed until the Fiscal Cliff crescendo had reached a fever pitch, within hours of the Obama victory. What a coincidence.

And now for the op-ed. The president has safely won re-election, so Paul Krugman is finally getting around to playing Good Cop, urging him not to "cave" to Republican demands for a deficit reduction deal in the lame duck session. The only thing he seems to miss is that it's President Obama himself and the Blue Dog cohort who are leading the charge for a B.S. type of deal. Too many people are still under the impression that Barry is the hapless victim of Republican intransigence, and that it is up to us to urge him to stand strong for the People. Inveterate letter-writer Bernie Sanders says he should go on another 50-state tour (as if the last two years of campaigning were not enough) to repudiate the Grand Bargain the president himself wants. Oh yeah. We are really going to hold Obama's feet to the fire now. Here's my response to Krugman: 

We can't say we weren't warned. The president did promise throughout the campaign that he would collaborate with the GOP on a deficit reduction program. Social Security and Medicare will be put on the table in exchange for a bit of token revenue from the plutocrats. The free market, which is laughably portrayed by the media as an actual living being with feelings, must be placated at all costs. Wall Street actually went all droopy the day after the election. Fetch the smelling salts, quick.

But no worries. The confetti was still floating through the Chicago air when the president picked up the phone to reach out to Boehner and McConnell.Never mind the liberal mandate that was handed to him by an increasingly progressive nation. Never mind that only 10% of respondents in exit polls said their main concern is the deficit.

The "fiscal cliff" is a contrived bit of disaster capitalism dreamed up by the corporate class that runs things in this country. Alan Simpson and Erskine Bowles are leading an astroturf movement of 80 CEOs, yammering hysterically for social spending cuts in the name of increased profits and lower taxes for themselves. Meanwhile, the complicit news media spews endless propaganda to keep the populace cowed. Economic collapse, we are told, can be averted only by tightening our own belts, funding the endless wars, and enriching the oligarchs.

Grand Bargain? More like a Bargain for the Grandees, and a grand betrayal of everyone else.

 
Even though Mitt Romney lost, the powers-that-be are still operating under the theory that the deficit hawks and the vulture capitalists hold all the cards.  No matter that, excepting for Barack "Teflon Don" Obama himself, every single candidate who voiced support of Bowles Simpson, lost their races this week.

So, you voted and thought you were giving the victors a mandate? Think again.

As Sheldon Wolin wrote in "Democracy, Inc.",

Today elections have replaced participation. Elections enact a kind of primal myth in which “the people” designate who is to rule them, that is, who is to authorized to wield government power. Authority or authorization means not only that some official is enabled to perform a particular action (e.g. has the means  to enforce the law) but also that he or she is entitled to assume that citizens will accept the decision and comply. Thus an election, at one and the same time, empowers a Few and causes the Many to submit, to consent to be obedient. Submission entails more than obeying the law. Citizens, regardless of whether or not they voted for the elected candidate, are expected to defer to those who were elected, to give them the benefit of whatever doubts there are about the wisdom of a particular action or law, to the identification of democracy largely with voting, there is the risk that legitimation can become automatic, tantamount to a slippery slope ending in Tocqueville’s submissive citizenry.

    

Wednesday, November 7, 2012

Morning After Open Thread

For your venting pleasure, consider this your post-Election Day open thread. No big surprises in the congressional results, but at least two glimmers of hope are standing out this morning.

 Elizabeth Warren beat Scott Brown. The big question is how long she will last as an "independent voice of the people" in the Senate. My prediction: she will come out swinging, ease some of Bernie Sanders's lone voice lonesomeness, deliver many a rousing speech and write many an indignant letter railing against Wall Street. Then one day, sooner rather than later, her new bffs President Obama and Harry Reid will invite her to lunch. And, I fear, she'll gradually start toning down the rhetoric. She will discover the reality that congress critters have to spend an inordinate amount of time fund-raising and meeting lobbyists.

I hate to sound cynical, and I hope that I am wrong. But elected office and corporate dollars and peer pressure do have a funny way of corrupting people. Moreover,Warren has already gone to the dark side when it comes to wholeheartedly supporting the Homeland Security State, championing the permanence of Obamacare as opposed to eventual Medicare for All, even sabre-rattling for war in Iran. Can it be much longer until the submission is complete, and she crumbles completely to the financial forces that foot the bill for all these wonderful things?

Oh. and Florida Rep. Alan Grayson will be coming back to town after a two-year hiatus. You may remember him as the champion of the public option in the health reform debate, way back when. So I guess we can at least look forward to a few more moments of biting sarcasm on the House floor.

I shut off the TV last night when, despite the frantic, overblown, red-white-and-blue nail-biting theatrics on CNN, it became obvious that the president would easily be coasting to a second term. The suspense had been contrived and empty all along. But after two years and more than two billion dollars, I guess it's understandable that the pundit class just couldn't bear to see the lucrative, nasty and small-minded horsey race end.

I'll post more later, unless the coming Nor'easter knocks us off the grid for the second time in two weeks. Many locales in my immediate region are still powerless from the first storm. Just yesterday, an elderly couple in a nearby town were discovered dead in their heatless home, reportedly from carbon monoxide poisoning caused by a gas-powered generator. 

Monday, November 5, 2012

Votapalooza

Yawn. So I filled out my mail-in ballot over the weekend, tongue held firmly in cheek. Were it not for the storm, I would have done the deed earlier. There was one local law on the ballot I wasn't familiar with, and I wanted to do some research on it first. It turns out I now have the choice of either allowing my county legislature to draw redistricting maps, or allowing an unelected board of people I don't know to draw redistricting maps. So I chose the former, lesser of two evils. From the dregs of the backwaters to the heights of the presidency, ain't it always the way?

I deliberately do not endorse any candidates on this blog because I don't want to add to the phony political mania. Plus, I realize that making a Hobson's choice in a battleground state must be nearly as stressful as living in a hurricane state. But let me tell you how I voted anyway. Jill Stein and Cheri Honkala of the Green Party, for prez and vp, as you may have guessed.

  I voted against my Democratic senator, Kirsten Gillibrand. Although her general voting record is relatively "liberal", she also happens to be the Number 1 senatorial recipient of Wall Street money. Grounds for immediate dismissal right there.

As a direct result of those bribes, she was silent while the NYPD pepper-sprayed, tased, illegally detained, billyclubbed, jackbooted, trashed the camps of, or otherwise inconvenienced Occupy Wall Street protesters last year. She was silent during the SOPA and PIPA protests (Hollywood and Silicon Valley Money) too.  And most loathesomely of all, she sided with President Obama and voted with 85 of her cohorts for the National Defense Authorization Act, allowing for the detention without trial of American citizens. As Gail Collins pointed out in a recent column, Gillibrand reportedly does have a Republican challenger, whose name nobody seems to know. So-- I checked off the Green Party candidate once again. Her name is Colia Clarke, a former assistant to Civil Rights leader Medgar Evers; she is one of only six Greens on the ballot in Senate races nationwide.

I did vote for the unknown Democratic contender for retiring Rep. Maurice Hinchey's  seat, a guy by the name of Julian Schreibman, on the alternate Working Families Party line. Julian is a former CIA agent, so I held my nose with fingers crossed, just to keep the sole close contender, from the Tea Party, at bay. See? I can be a pragmatist too, at times. Plus, there are no third party candidates running in my district.

 I voted for New York State Senator Blank, because the long-time GOP incumbent, John Bonacic, is again running unopposed. Four years ago, Senator Blank actually beat him. Even so, no living human being could come up with the money or the chutzpah to challenge J.B. this cycle.

Finally, I cast my ballot for incumbent Democratic Assemblyman Kevin Cahill. This guy has actually personally helped me out on a couple of matters. So when they tell you to put all your energy into local politics, believe it. Bottom-up change is pretty much all we have to cling to anymore.

If you're feeling that what little is left of the Left is crumpling up into a pitiful ball, urging us to hold our noses and vote for Barry, you are not alone. Such erstwhile stalwarts as Noam Chomsky, Michael Moore and Daniel Ellsberg are among the recent sellouts, or semi-sellouts. But don't despair. Not everyone has fallen abjectly into the Nose-Holders for Obama League.

Chris Hedges calls it The S&M Election, and he is all too painfully correct. Echoing the famous George Orwell essay, Such, Such Were the Joys, he compares this horrid presidential campaign to his own torture at the hands of boarding school bullies. A choice excerpt:
Obama tells us that we better lick his boots or we will face the brute down the hall, Mitt Romney. After all, we wouldn’t want the bad people to get their hands on these newly minted mechanisms of repression. We will, if we do not behave, end up with a more advanced security and surveillance state, the completion of the XL Keystone pipeline, unchecked pillage from Wall Street, environmental catastrophe and even worse health care. Yet we know on some level that once the election is over, Obama will, if he is re-elected, again betray us. This is part of the game. We dutifully assume our position. We cry out in holy terror. We promise to obey. And we are mocked as we watch promises crumble into dust.
 
He truly gets it. Personally, I don't think I've ever been subject to so much animosity from the tribalists of the Pseudo-left for even mildly criticizing Dear Leader in the comments threads of the New York Times. Thank God for Chris Hedges. He soothes even as he inflames the victims of attempted gaslighting by hordes of well-meaning Obamabot concern trolls.

Speaking of the 'bot attacks, Matt Stoller got a real earful when he painstakingly laid out the The Progressive Case Against Barack Obama for Salon. He blows away the choking kool-aid propaganda powder that would have us believe the president is a proto-feminist, or that the much-vaunted Supreme Court nominations are a reason to give him another term, or that the so-called pragmatic progressives (translation: right wing enablers) have a leg to stand on:

As a candidate, Obama promised a whole slew of civil liberties protections, lying the whole time. Obama has successfully organized the left part of the Democratic Party into a force that had rhetorically opposed war and civil liberties violations, but now cheerleads a weakened America too frightened to put Osama bin Laden on trial. We must fight this thuggish political culture Bush popularized, and Obama solidified in place.
(snip)

At some point soon, we will face yet another moment where the elites say, “Do what we want or there will be a meltdown.” Do we have enough people on our side willing to collectively say “do what we want or there will be a global meldown”? This election is a good mechanism to train people in the willingness to say that and mean it. That is, the reason to advocate for a third-party candidate is to build the civic muscles willing to say no to the establishment in a crisis moment we all know is coming. Right now, the liberal establishment is teaching its people that letting malevolent political elites do what they want is not only the right path, it is the only path. Anything other than that is dubbed an affront to common decency. Just telling the truth is considered beyond rude.
 
Read the whole thing, as well as this follow-up addressing the torrent of criticism. Stoller is a profile in journalistic courage.

Elsewhere in the blogosphere, CounterPunch can always be counted on to deliver many a dead-aim left hook/knockout punch. The blackly humorous Good Voter Larry  by Riley Waggaman provides a grim Election Eve chuckle. Seeing how MoveOn has been more than usually annoying lately, I especially enjoyed the parody of the MoveOn member who gets mistakenly arrested while handing out Obama propaganda. MoveOn has been inundating me with emails informing me if I don't send them money right now, and if Romney is elected, I will be unable to live with myself for the rest of my brutish life. Real subtle persuasion tactics.

Toledo voter Michael Leonardi talks about going to the polls in a decimated area of Swing State Ohio,"land of the serfs and wage slaves". And while I wrote a couple of posts ago about the epidemic addiction to the Obamaopiate class of designer drugs, Randy Shields informs us that Obama can also be smoked. "For American capitalism, that Obama is some good shit," he writes. "Using Obama makes some people prone to wild mood swings and abrupt changes in personality."



And sometimes, short, sweet and succinct just says it best. The hilarious Vast Left-Wing Conspiracy has an excellent rejoinder to Obama voters who think they will able to hold Barry's feet to the progressive fire once he is safely re-esconced as the Temporary Emperor (temp emp.) --

If Obama wins, and you didn't push for a Democratic primary challenge or a left third-party vote or a non-vote... when you post your smarmy "now the real work begins" thing on Wednesday, I respectfully suggest that the real work for you is to go fuck yourself.

Damocles, Deflected

 I know you've been worried about all the rich people who were forced to evacuate their luxury condos when the crane on an even more luxurious skyscraper in their neighborhood was ripped loose last week by Superstorm Sandy. But this morning, a palpable sense of relief is wafting through the plutosphere. The bothersome hunk of twisted metal dangling over many an entitled head has finally been tamed. The Sword of Damocles has been resheathed, to threaten again some other day. (Maybe in as little as two days, when another nor'easter is forecast to whip on through.)

The financially secure in this Park Avenue-area community are once again mentally and physically secure. One well-heeled woman was actually quoted as saying that her long national nightmare was over, as she hastened back into the Briarcliff building on W. 57th Street. (the cheapest condos there start at $1 million.) The pain of the crane is gone with the rain.

Meanwhile, as many as 40,000 less well-off people have been rendered homeless by the storm, and are expected to remain that way for quite some time. Now that Mayor Bloomberg has gotten personally involved in fixing the crane and opening the New York Stock Exchange, he is finally admitting that housing is quite the dilemma in a city where it was at a premium to begin with. Even before Sandy hit, though, Bloomberg was being his proactive self, hatching a plan to construct shoebox-sized housing units as part of his ongoing public-private partnership real estate racket. This is defined as public money being funneled into projects that ultimately end up enriching developers.

The Bloomberg micro-units are micro-managed with young affluent one-percenters in mind -- meaning that poor families will face even more of a squeeze when it comes to locating affordable living spaces, according to public housing advocates.

Want to add insult to injury? It turns out that the developer of One57 (a/k/a the Billionaire Crane Building) qualifies for a special tax break in return for "sponsoring" construction of affordable housing elsewhere in the city. The savings will be passed right on to the wealthy purchasers, while the developer, Extell, collects the usual high rents from the poor, laughing all the way to the bank.
Under the plan, the buyer of One57’s $90 million, 13,554-square-foot penthouse on the 75th and 76th floors would pay just $20,000 a year in taxes, instead of the estimated $230,000 without the break.
Even more injuriously insulting is the loophole by which Extell doesn't even have to actually build the affordable housing itself. Corporate-friendly law allows it to wheel and deal on the open voucher-type market with building contractors. One deal that would have used the tax abatements to construct a low-income housing project in the Bronx fell through last year, so the developer is still shopping it around. And now, with the sudden windfall of a housing shortage resulting from Sandy, I imagine that even more mighty hordes of barbarians will be clamoring at the gates for a piece of the disaster capitalism pie.

Critics at the Pratt Center for Community Development point out that the $755 million in revenue losses caused by the tax abatements could have saved the jobs of every laid-off teacher and firefighter in the city -- not to mention the $100 million in cuts to the library system.

I can just hear one huge oligarchic sigh of relief, one giant mutual back-slap in the hallowed halls of the corporatocracy, as the Sandy clean-up continues. In the immortal words of that other craven mayor, Chicago's Rahm Emanuel, “You never let a serious crisis go to waste. And what I mean by that it's an opportunity to do things you think you could not do before.”
One57: The High Price of Tax Breaks for Billionaires


Friday, November 2, 2012

Power to the Powerless

Much to the chagrin of the candidates and their spinmeisters, climate change and income disparity have reared their ugly heads to become defacto issues in the waning days of Eternal Presidential Campaign 2012. Superstorm Sandy has wedged out the wedge issues. Big Bird has flown the coop.

Even corporate media giants like CNN are noticing the inequality. Side-by-side images of desperately hungry people in Brooklyn sifting through garbage in search for food, and VIPs bemoaning the closing of the Dumpling Bar at JP Morgan Chase would never have been possible without the cooperation of Superstorm Sandy.

Poverty was once the word that could not be spoken, especially during political campaigns. Not any more. The shame of the richest nation in the world is hung out for all the world to see. New York City boasts the most glaring income inequality in the entire country. Its arrogant mayor is our 10th richest plutocrat, with a net worth of $25 billion. But more than a fifth of his subjects (you can't really call them constituents) fall below the national poverty line.

It's easy for Michael Bloomberg to brag about the resilience of his fair city in the face of the storm, because he doesn't have to look at the people who are bearing the real brunt. He triumphantly presided over the reopening of the New York Stock Exchange Wednesday. He thumbed his nose at Sandy by insisting that the annual Marathon will be run this Sunday.* But thanks to the magic of TV, the rest of America now bears witness to  the grinding existence of ordinary New Yorkers who must run the equivalent of a city marathon every single day just to earn a subsistence wage. According to the Pratt Center for Community Development,
We found great disparities in transportation access between higher-income, professional workers and low-wage manual and service workers. High housing costs mean that most low-wage workers live in areas outside the city's subway-rich core. Those workers also must travel to work sites dispersed widely around the city and region. This leaves the lowest-paid workers with the longest commutes to work, and limits the geographic range of job opportunities for residents of high-unemployment communities.
Three-quarters of a million New Yorkers travel more than one hour each way to work, and two-thirds of them earn less than $35,000 a year. By contrast, just 6 percent of these extreme commuters earn more than $75,000 a year. Black New Yorkers have the longest commute times, 25 percent longer than white commuters; Hispanic commuters have rides 12 percent longer.
Meanwhile, Wall Street plutocrats are telling harrowing tales of their own. One investment banker had to find his way to his wine cellar in the dark to scarf down a $1000-dollar bottle of wine before it went bad when the temperature controls failed. The CEO of Morgan Stanley had to hoof it three miles from his corporate suite to his domestic suite. Local news coverage of the storm was interrupted with a breathless announcement from Lexus to luxury car owners whose rides were damaged by flooding. A concierge service will pick you up and take you wherever you want to go while you're waiting for a replacement vehicle.

Jason Sheftell, who covers the luxury real estate beat for the Daily News, is totally blaming utility giant Con Ed -- not the hurricane -- for disrupting the lifestyle to which he is accustomed. His piece epitomizes the high-end whining of the entitled:
Con Edison has temporarily rendered a large portion of the greatest city on planet Earth irrelevant. They are treating us like we’re some kind of small town in Connecticut. In the sticks, power is an afterthought after 10 p.m. New York is the city that never sleeps.... Power is our lifeblood. It is our backbone. Without it, we are nothing. One day, acceptable. Two days, fine. Five days, in downtown New York, an egregious error where someone, somebody, some power company, must be accountable. No more excuses.
It is to the credit of some would-be Marathoners that they are forgoing the Bloomberg staged event and volunteering on hard-hit Staten Island instead. Despite the televised orgy of mutual back slapping and self-congratulations by swarms of political candidates, the government response is not all that it's been cracked up to be. People are stranded, people are hungry, people are cold, and people are getting mighty pissed off. Brooklynites waited in line for hours for National Guard handouts of water and MREs (meals ready to eat) The indy newspaper Gothamist has coined a new phrase for the forgotten people and where they live: The Powerless Zone. The lack of electricity is obvious; the lack of political power, not so much.

But  guess what? Occupy Wall Street, that social movement that the PTBs had either written off or co-opted into President Obama's re-election bid, is making a comeback. They're setting up aid camps in the Powerless Zones, even creating their own electricity with those exercise bike generators used in the Zuccotti Park encampment. Information on how to help can be found here.

Mayor Shrillionaire wouldn't dare send his paramilitary police army to bust heads at the new humanitarian Occupy encampments. Or would he?

* Update 5:30 p.m. Sanity prevailed, and the race has been cancelled.