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"For Lee's Eye's Only!"

Far Beyond The Sun
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More from the article ...

... "It's not personal, Sonny. It's strictly business," Michael Corleone tells his brother, Sonny, in The Godfather. But for Donald Trump, it's always personal. And he leaves this week feeling betrayed.

First, the US supreme court rejected his effort to restrict mail-in ballots ahead of the midterm elections. "These are not the people I interviewed to serve on the United States Supreme Court," the president wrote on his Truth Social platform. "They are merely a shell of their original selves."

Then the Federal Reserve defied Trump by raising its benchmark interest rate by a quarter-percentage point to a range of 3.75% to 4%, marking its first rate hike in three years. The Trump-appointed Fed chair, Kevin Warsh, described it as "a sober decision, serious decision, responsible decision".

The president lashed out again but was careful to blame the board rather than Warsh. Trump told reporters he had spoken to the chair. "I said you might as well vote with the board because it's not going to matter. The board is very hostile. They're very political."

It was an effort to rationalise a shock to the system for Trump, who instinctively assumes that anyone he appoints to high office will be eternally in his debt and automatically do his bidding.

It is a view constantly reinforced by his cartoonishly loyal cabinet, from defence secretary Pete Hegseth to attorney general Todd Blanche, who was previously Trump's personal lawyer.

Blanche held a press conference in the White House Rose Garden on Tuesday and staunchly defended Trump. He was rewarded two days later when he attended a campaign rally in Gastonia, North Carolina, and heard Trump say of him: "He'll go down as the greatest attorney general in the history of our country." ...


"CEOs now make roughly 325 times as much as a typical worker. In 1965, CEOs were paid just 21 times the average worker's salary."

Which is why workers were paid a living wage up until about 1975; corporate CEOs weren't quite such a success as bloodsuckers.

Not to mention that:

"Worker Wage Impact

Stagnation: Real wages failed to match productivity

Inflation outpaced hourly gains

Living wage erosion over decades

Shift Factors: Decline in union strength
Deregulation of industries

Shareholder-first corporate models"

also:

"The Productivity - Pay Divergence: After 1979, the historic link between worker productivity and typical compensation broke down.

While productivity grew, real working-class wages continued a long-term flat or declining trend.

Declining Labor Share of Income: Proponents of this view point out that the labor share of national income began a long-term structural decline after 1982.

Profits increasingly shifted toward corporate reserves, shareholder returns, and executive compensation rather than employee paychecks.

Weakened Labor Power: The administration's strict stance on unions"most notably exemplified by the firing of striking air traffic controllers in 1981"significantly diminished the bargaining power of labor unions, contributing to wage stagnation for blue-collar and industrial workers.

Widening Inequality: Studies, including 2020 research by economists David Hope and Julian Limberg, indicate that tax cuts for the wealthy primarily increased income inequality without significantly impacting broader job or wage growth." AI

www.americanmuckrakers.com

Repug family values.

clean link:
archive.is

btw there's no "sec ret ontrac t"

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