Tag: wealth disparity

Survival of the Richest

If you have ever wanted to live like a James Bond villain in your own island lair, I have good news for you.

For the low price of several bajillion dollars, you can buy “a maximum security compound in which to ride out the coming plague, solar storm, or electric grid collapse,” whichever apocalyptic event comes first.

OK, maybe you don’t have a spare several million to drop on a high-tech sanctuary from which to survive the “environmental collapse, social unrest, nuclear explosion, unstoppable virus, or malicious computer hack that takes everything down.”

That just means you don’t love your family, because you are sentencing them to death in the inevitable Armageddon headed our way. 

But don’t worry. Because rich people will be just fine.

Yes, our favorite 1 percent of the population — the uber-wealthy — are striving to insulate “themselves from the very real and present dangers” that in many cases, they helped to create. 

Whether they made their money by destroying the environment or fomenting societal upheaval, billionaires are buying bunkers, hoarding resources and even creating private compounds in New Zealand (proving once again that rich oligarchs may praise right-wing enclaves like Hungary, but they actually want to live in a stable, socially liberal country).

These plutocrats are trying to “break the laws of physics, economics, and morality to… escape from the apocalypse of their own making.”

And they can afford it. Since the pandemic, the top 1% “have captured nearly twice as much new wealth as the rest of the world.”

Of course, there are many Americans who hero-worship the rich, and they are perfectly fine with sacrificing themselves if it means that an affluent buffoon will continue to live in luxury even if society collapses.

That sounds like an exaggeration, but witness how many poor Americans continue to vote Republican despite the GOP’s admission that it wants to destroy any semblance of a social safety net, give more money to billionaires, and allow the rich to “exploit the majority so they can accumulate wealth and move society forward as they wish.” 

A large percentage of Americans struggle to pay their bills, but shriek that any effort to make wealthy narcissists contribute more is “class warfare” or “socialism” or just morally offensive.

When it comes to opulent show-offs, Americans love “the wild philistinism and the bullying and the offhand cruelty, the compulsive self-aggrandizement and the giddy vengeful sadism.. all of it so oafishly performed that it could not possibly be mistaken for anything but what it is.”

The GOP knows this. So they have leaned into promoting crass morons born into wealth as avatars of the American Dream. 

Republicans have long insisted that “democracy and unfettered capitalism always traveled together,” but recently they have “ignored the ‘democracy’ part of that equation and continually doubled down on the idea that the American system means that businesses should be able to do whatever they wished,” while insisting that “any oversight must be Soviet-style communism.”

The result is that Republican legislators will gleefully derail bills to provide free breakfast and lunch for school students because they don’t want kids to get dependent on government. Seriously — this is an actual top GOP priority. Hey, for Republicans, hungry children do not even exist.

So if Republicans get their way, and rich people continue to tear the world down while plotting their escapes, what happens years from now, when only the wealthy can afford to survive?

Well, the truth is that islands are more dependent, not less, on society. So that approach won’t work.

Also, underground bunkers have air filters that break down and require strenuous effort to fix. You really think some pampered blue blood can handle that degree of manual labor?

And when it comes to armed compounds, remember that the hired thugs who protect the wealthy are people too. If the economic system has collapsed and money has no value, do you believe rifle-toting mercenaries are going to protect some rich jerk out of kindness and love?

So no, the wealthy will not survive.

There, don’t you feel better now?


Hard Times

The recession has been over for some time now, and the economy is booming… wait. You say, it’s not booming unless you’re rich?

Well, if you’re still feeling pinched, maybe it’s the fault of individuals heavy on the melanin. The odds are pretty good that you blame them anyway.

pointing

You see, a new study has shown that Americans “become subconsciously more prejudiced against dark-skinned people when times are tight.”

That’s right. On top of devastating the country, wiping out many people’s savings, and increasing the obscene gap between the wealthy and the rest of us, the Great Recession may have had the side effect of increasing racial tension.

To continue reading this post, please click here.

 


No Relaxing Allowed

As I’ve written before, we Hispanics are known for our fierce work ethic.

Think of immigrants slaving away at grueling tasks that native-born Americans refuse to do. Or consider that last year, “the number of Latino entrepreneurs grew more than white, black, and Asian entrepreneurs.”

Yes, we sure like to work. It’s unfortunate, then, that so many Hispanics who reach old age have nothing to show for it. This is because “fewer than half of … Latino workers have retirement plans on the job, leaving the vast majority of them with no savings designated for their golden years.”

hammock

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Exploitation, Melodrama, and More

My cousin (Cousin #6)  is one of the more than 83,000 immigrants who have become citizens since the September 11 attacks by embracing “a wartime edict to entice immigrants to join the military in exchange for rapid naturalization.”

The program has its critics. Some claim allowing non-citizens to enlist in the military “injects the armed forces with an increased security risk” and is “just like the Roman Empire, not to get too melodramatic about it.”

melodrama_7456

Yes, the last thing we want in any discussion about immigration is melodrama. After all, the debate has been nothing but calm, logical, and respectful to this point.

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What? Me, Worry?

A year ago, I wrote about how the Great Recession hit Latinos hard. At the time, I was hopeful that the worst was behind us. Perhaps that was my natural Hispanic tendency to be optimistic.

After all, Latinos “are worse off, but they are still more positive about where the country is going” compared to most Americans. In particular, “Latino small-business owners are among the fastest growing and most upbeat [groups] in the nation,” and they “worry less about job security and are more positive and humble.”

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Show Them the Money

I used to write for a website whose target audience was upscale Hispanic men. My job was to find the hippest, most happenin’, muy caliente places and products.

Of course, I soon grew weary of writing for guys who think $5,000 stereo speakers are their god-given right. But I also got tired of explaining the gig to people who asked, “Just how many rich Latino guys can there be?”

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Party On

Due to unusual circumstances that I won’t even get into, I found myself at a ritzy event, surrounded by wealthy individuals. I happened to be standing near the door, and I saw members of the one percent walk in.

For the most part, they were polite and just like you and me. However, the exceptions were numerous enough to notice.

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Climbing Out of the Hole

As of right now, America still has a functioning economy. We’re not sure if we can pay all our bills, of course, and maybe China will just take ownership soon and have a fire sale on things we never use, like national parks and the state of North Dakota.

But for now, we’re still standing. That fact means different things to different people, however.

For example, the gap between Hispanics and prosperity has rarely been so vast.

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Just Hanging on the Hacienda

As we all know, Hispanic culture has contributed much to the United States. A quick glance at the artistic, political, and social makeup of the nation confirms that Latinos are prime instigators when it comes to plotting the direction of the country.

Many of our new values have their roots in Latin America. However, there is one concept from the old world that should not be welcome here. Ironically, it is U.S. powerbrokers — people unlikely to be Latino — who are most clamoring for it to gain a foothold in this country.

I’m talking about the encomienda system, which hasn’t formally existed for hundreds of years, but which has never really gone away. Briefly, the encomienda system was set up by the Spanish Conquistadors, who divided Latin America among themselves. An encomienda was a land grant that gave a Spaniard property rights over Indian labor. Basically, the conquistador got a hacienda and indentured servants to make him rich.

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