{"id":4303,"date":"2011-10-19T13:09:11","date_gmt":"2011-10-19T19:09:11","guid":{"rendered":"http:\/\/www.edgewiseblog.com\/mjh\/election\/defend-wall-street-is-not-likely-to-be-a-winning-campaign-slogan-in-2012-for-republicans\/"},"modified":"2011-10-19T13:09:11","modified_gmt":"2011-10-19T19:09:11","slug":"defend-wall-street-is-not-likely-to-be-a-winning-campaign-slogan-in-2012-for-republicans","status":"publish","type":"post","link":"https:\/\/www.edgewiseblog.com\/mjh\/election\/defend-wall-street-is-not-likely-to-be-a-winning-campaign-slogan-in-2012-for-republicans\/","title":{"rendered":"“‘Defend Wall Street’ is not likely to be a winning campaign slogan in 2012 for Republicans.”"},"content":{"rendered":"

America\u2019s \u2018Primal Scream\u2019 | NewMexiKen<\/a> [hat tip]<\/p>\n

\n

Three factoids underscore that inequality:<\/p>\n

\u00b6The 400 wealthiest Americans have a greater combined net worth than the bottom 150 million Americans.<\/p>\n

\u00b6The top 1 percent of Americans possess more wealth than the entire bottom 90 percent.<\/p>\n

\u00b6In the Bush expansion from 2002 to 2007, 65 percent of economic gains went to the richest 1 percent<\/strong>.<\/font> [mjh: \u201clevel playing field\u201d? bullshit!]<\/em><\/font><\/font><\/p>\n

As my Times colleague Catherine Rampell noted a few days ago, in 1981, the average salary in the securities industry in New York City was twice the average in other private sector jobs. At last count, in 2010, it was 5.5 times as much. (In case you want to gnash your teeth, the average is now $361,330.)<\/p>\n

Nicholas D. Kristof<\/a><\/p>\n<\/blockquote>\n

America\u2019s \u2018Primal Scream\u2019 | NewMexiKen<\/a><\/p>\n

How Democrats can use Occupy protests to their advantage – The Washington Post<\/a><\/p>\n

\n

By Eugene Robinson, Published: October 17 <\/p>\n

\u201cDefend Wall Street\u201d is not likely to be a winning campaign slogan in 2012. For Republicans, this is an obvious problem. For President Obama and the Democrats, it\u2019s a golden \u2014 if largely undeserved<\/font> \u2014 opportunity. \u2026<\/p>\n

Enter the Occupy Wall Street protesters with their simple demand for \u201ceconomic justice\u201d \u2014 the right cause at the right moment.<\/p>\n

Republicans initially overreacted, as if Karl Marx had risen from the grave.<\/font> Mitt Romney was so flustered that he almost mussed his hair. House Majority Leader Eric Cantor, surveying the small protest encampments in New York and other cities, called them \u201cgrowing mobs\u201d that threatened public order.<\/p>\n

Within a week, however, Cantor was backing away from that \u201cmobs\u201d characterization and acknowledging \u201ca growing frustration out there across this country<\/a>\u201d about unemployment. I\u2019m guessing he must have seen the Time magazine poll<\/a> indicating that 54 percent of Americans have a favorable view of the Occupy New York protest \u2014 versus just 27 percent who have a favorable view of the Tea Party.<\/font><\/strong><\/p>\n

This week\u2019s New Yorker has a laugh-out-loud cover illustration: Top-hatted bankers march down Wall Street, carrying protest signs that say \u201cKeep Things Precisely As They Are<\/a>,\u201d \u201cLeave Well Enough Alone\u201d and \u201cI\u2019m Good, Thanks.\u201d That\u2019s the danger for Republican candidates. That\u2019s what they risk sounding like. <\/p>\n<\/blockquote>\n

How Democrats can use Occupy protests to their advantage – The Washington Post<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

America\u2019s \u2018Primal Scream\u2019 | NewMexiKen [hat tip] Three factoids underscore that inequality: \u00b6The 400 wealthiest Americans have a greater combined net worth than the bottom 150 million Americans. \u00b6The top 1 percent of Americans possess more wealth than the entire bottom 90 percent. \u00b6In the Bush expansion from 2002 to 2007, 65 percent of economic … Continue reading “‘Defend Wall Street’ is not likely to be a winning campaign slogan in 2012 for Republicans.”<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-4303","post","type-post","status-publish","format-standard","hentry","category-election"],"_links":{"self":[{"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/posts\/4303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/comments?post=4303"}],"version-history":[{"count":0,"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/posts\/4303\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/media?parent=4303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/categories?post=4303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/tags?post=4303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}