Send a Tweet
Most Popular Choices
Share on Facebook 3 Share on Twitter 1 Printer Friendly Page More Sharing
Exclusive to OpEdNews:
OpEdNews Op Eds    H1'ed 8/1/17

And Empires Die

By       (Page 1 of 2 pages)     (# of views)   3 comments
Author 1457
Message Philip Farruggio


(Image by Bear Clause)   Details   DMCA
- Advertisement -


And Empires Die

'Nothing ever seems to last, everybody changes oh so fast,

- Advertisement -

promises made promises lost and pride is kept at any cost,

And flowers die, and children cry, and lonely people carry on.'

(Palermo& Farruggio 1970)

- Advertisement -

That was from the song, And Flowers Die, by prolific composer Michael Palermo and this writer as lyricist. How appropriate to compare this song with the ' death song' of our Military Industrial Amerikan Empire, now in only its 72nd year of prominence. How great and powerful our empire was for so long. We controlled the economies and governments of so many countries, even continents. Now it is the autumn of our status as Number One. The Asian rim, as many refer to it, being led by China and all those other nations in that region, will become the future economic powerhouse of this planet. This writer will leave it to the many progressive scholars out there for the explanation of the ' how and why' of this equation. Let me just say that we all, from grade school on, have been fed the pabulum of America as a democracy, benevolent to the entire world. Many sadly still believe that lie, and that strengthens the reason why this empire is in freefall.

Since we became the preeminent world empire at the end of WW2, two things held the greedy ones who run things in we'll say 'half check': The progressive federal tax rate and the union movement. The top tax rate from 1953 to 1963 was 91%. Now, we know that the super-rich did not pay at that rate, but even after their accountants sharpened a few pencils, many still had to pay at least 50%, for argument sake. Today's top rate is 39.6%, meaning that folks like mega millionaire Mitt Romney pay at around 15%-20%. Do the math and see how much more went into the treasury then as opposed to now. The second factor that held this empire in ' half check ' was the stronger union movement in the 50s, 60s and 70s. In the 1950s about 35% of American workers belonged to unions. In 1983 it went down to around 20%. Now, the percentage is around 12%. So, that means that three times more working stiffs in the recent past had the protection of a union, however weak or compliant that union may have been. Today, this empire can breathe easily as fewer and fewer working stiffs even have a union!

Next Page  1  |  2

 

- Advertisement -

Must Read 5   Well Said 3   Supported 2  
Rate It | View Ratings

Philip Farruggio Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Philip A Farruggio is an activist leader, free lance columnist and small businessman. He is blue collar from birth, as both his dad and grandad were Brooklyn , NYC longshoremen. Philip has a BA from Brooklyn College ( class of ' 74 ) in Speech (more...)
 

Related Topic(s): , Add Tags
Add to My Group(s)
Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

And Empires Die

Season of the Rich

Wag the Donkey

Hurricane Wars

The Elephant ( and Jackass ) in the Room

Dancing With the Beast