JOE SCARBOROUGH'S STUPID QUESTION

This morning on #Morning Joe (MSNBC), #Joe Scarborough pointed out that “the American public is weak minded”. I am here to tell you there is no one more weak mined than he is as he immediately proceeded to show by asking the question, “Where does the $10.10 come from?” Of course, he was talking about #President Obama’s minimum wage proposal. Although it seems trite to have to answer Joe’s question, I will: It comes from the excessive profits and outlandishly high executive compensation! Couple this thought with Joe’s clarion call for deregulation of businesses—hardily a Morning Joe show goes by that he is not trumpeting the Republican mantra: deregulate, deregulate, deregulate. It is the road to disaster and everyone should know that after the Reagan and Bush administrations. If that is not enough, go back to Herbert Hoover. If the is not far enough go back to McKinley; it is inborn Republican philosophy.

Corporate boards of directors, that set the level of executive compensation and shareholder profits, both of which are clearly out of control, are unregulated. Executive compensation, even for a failing company, is in the million of dollars and the stock market is at an all time high while wages are stagnant. What more proof do you need?

Everyone knows corporate profits and excessive executive compensation are why we have this socially devastating income disparity. Boards of directors collective say what they are doing is “rewarding success”, which means they are in a positive feedback spiral; the imbalance can only get worse. As long as we have high paid corporate lobbyists and the diabolical “Citizen United Decision”, we will not be able to use the power to tax to control greed; thus, there is no counter measure to this craziness. The disenfranchised workers of America and the president are standing alone against unfettered greed.

President Obama should have told the truth last night by turning around at the podium during last night’s State of the Union Speech and pointing at John Boehner while saying; there is the leader of the “party of greed” that is causing America’s greatest economic problem. For strong-minded Americans, it is the only rational conclusion possible; however, Obama stood, like the gentleman he is, and said with dignity that he is going to do everything he possible can as chief executive to compensate for Republican malfeasance in office. I stand with him.

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