by Dr. Qaisar Abbas
While the American silent majority has spoken lodging its protest throughout America, the so-called model minority of Desis seems to be in a state of perpetual silence. The affluent are part of a capitalist system which they cannot afford to oppose anyway. On the other hand, the disadvantaged communities of the diaspora are so isolated from the American society; they do not feel to be part of a grassroots movement …
…. The grassroots agitation against the exploitative capitalist system is challenging the powerful businessmen, financial institutions and politicians in the United States. The recent issue of the progressive journal “The Nation” reports the deplorable economic conditions in the United States in these figures:
- Twenty five million Americans are unemployed who are desperately looking for jobs
- While corporate CEOs are paid handsomely, wages of 70% Americans without college education are declining
- One in 6 American lives below the poverty line
- One in four homes, considered to be the largest asset for most Americans, is at the verge of foreclosure and eviction by banks for nonpayment of mortgage loans
- Fifty million people are unable to afford health insurance as healthcare costs are soaring
- The economy works well for the rich 1% who control 40% of the wealth
- Multinationals have conveniently transferred domestic jobs in other countries to reduce production costs
- The rising cost of education is becoming unbearable for youth and they are burdened with a record high education loans ….
Read more » ViewPoint
The Guys in the 1% Brought This On
By Barbara Ehrenreich
…. So the “99% versus the 1%” theme is beginning to look like an acute class analysis after all, and it’s the guys in the 1% who made it so. Over the years, they have systematically hollowed out the space around them: destroying the industrial working class with the outsourcings and plant closures of the ’80s, turning on white collar managers in the downsizing wave of the ’90s, clearing large swathes of the middle class with the credit schemes of the ’00’s—the trick mortgages and till-death-do-we-part student loans.
In the ’60s we dreamed of uniting people of all races and collar colors into “one big working class.” But it took the billionaires to make it happen.
Read more » The Progressive
– Ahmed Rashid, Author and Journalist
With the recent assassination of Salman Taseer, governor of the province of Punjab, one of the strongest voices for democracy and secularism in the Pakistan People’s Party has been silenced. The government is in crisis, and the economy has been in freefall since the International Monetary Fund halted its loans to the country last year. Ahmed Rashid warns that the situation in Pakistan is potentially worse than in neighboring Afghanistan. This unrest comes at a crucial time when the United States is seeking increased cooperation with Islamabad on the war in Afghanistan and combating terrorism. What is the future of Pakistan’s partnership with the United States, and what will be Pakistan’s role in defining regional order before NATO pulls out of Afghanistan in 2014? …
Read more : The Chicago Council