Jeers to fat assets, cheers for action on jobs

JEERS to news that a majority of companies in the Standard & Poor’s 500 stock index are sitting on $1.18 trillion while simultaneously reducing spending and obliterating, instead of creating, jobs. (From Bloomberg)

CHEERS to Jobs with Justice for calling a nationwide “Jobs Emergency Day of Action” for September 15. (From Jobs with Justice)

CHEERS to the new CBS News poll revealing that a solid majority of Americans favor expiring the Bush-era tax cuts for the wealthy for households earning more than $250,000 a year. (From AFL-CIO)

JEERS to the Iraqi police who stormed the offices of the Iraqi Electrical Utility Workers Union in Basra as part of a general anti-union crackdown. (From U.S. Labor Against War)

CHEERS to United for Peace and Justice for their strong endorsement of the “One Nation” march on Washington October 2, 2010. (From UFPJ)

JEERS to capitalist news coverage of hate-mongering Fox news personality Glenn Beck’s “Restoring Horror” march on Washington, for glorifying Beck, downplaying the simultaneous genuine civil rights march, and somehow failing to notice that Beck’s entire entourage was pale white! (From various corporate news sources)

CHEERS to the Alliance for Retired Americans (ARA) for demanding the resignation of Republican Senator Alan Simpson as co-chair of the National Commission on Fiscal Responsibility and Reform for disparaging senior citizens and their main source of income, Social Security. His most recent slander was to compare Social Security to “a milk cow with 310 million tits.” Previously, he had referred to seniors as “greedy geezers!” (From ARA via Jim Lane)

JEERS to the noticeable increase in public school class sizes. JEERS to “wise guys” who think it doesn’t matter! (From USA Today)

CHEERS to the economists who posted “10 reasons not to raise the Social Security retirement age.” (From Economic Policy Institute)

JEERS to America’s broadband speeds, which lag behind many countries, including Romania, Latvia and South Korea. (From Alliance for Retired Americans)

JEERS to talk show barfly Sarah Palin for using the term “union thugs” during a speech in Tyler, Texas. CHEERS to AFL-CIO President Richard Trumka for calling her out on it and adding, “She’ll go down in history like [Joe] McCarthy. ‘Palinism’ will become an ugly word.” (from Politics Daily)

CHEERS to Nobelist Paul Krugman for revealing that rich people and their puppets in politics want to keep the Bush tax cuts, not because it would be good for America, but because it would put $680 billion more in their pockets! (From The New York Times)

JEERS to the wave of privatization of publicly owned assets in America’s cities. Assets like parking spaces, zoos and perhaps even airports are going to corporations. Milwaukee has proposed selling its water supply. (From The Wall Street Journal)

Graphic by Brad Walker.