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The working people of our country are increasingly aware of the unprecedented level of corporate greed and power we are now experiencing, and the outrageous level of income and wealth inequality that exists.
As we celebrate Labor Day, 2024, there is some very good news.
Public approval of labor unions, at 70%, is higher today than it has been in decades. Over the last year major unions like the UAW have won some highly publicized strikes, while many other unions have negotiated trail-blazing contracts for their members. Young people at Starbucks and on college campuses are now more involved in labor organizing than ever before. And, for the first time in American history, a president of the United States, Joe Biden, walked a picket line with striking workers.
It is not an accident as to why we are now seeing more militancy and growth in the labor movement. The working people of our country are increasingly aware of the unprecedented level of corporate greed and power we are now experiencing, and the outrageous level of income and wealth inequality that exists. They understand that never before in American history have so few had so much, while so many continue to struggle. And they are fighting back. They know that workers in unions can negotiate contracts that give them better wages, working conditions and benefits than non-union workers. They appreciate that when you’re in a union you have some power against the arbitrary decisions corporate bosses.
On this Labor Day, let us redouble our efforts to grow trade unionism in America and create the kind of grassroots movement we need to take on the power of the Oligarchy.
Working people today are more than aware that, over the last 50 years, there has been a massive transfer of wealth from the bottom 90% to the top 1%. They are disgusted that, despite huge increases in worker productivity, real inflation-accounted for wages for the average American worker are lower now than they were over 50 years ago as 60% of Americans live paycheck to paycheck. They are insulted that CEOs of major corporations make almost 350 times as much as their average employee. They are concerned that the American dream is ending and that their kids may have an even lower standard of living than they do. And they worry that with the rapid growth of Artificial Intelligence and robotics, they have no power as to what will happen to their jobs as the economy undergoes major transformations.
The average American worker also understands that his/her political power has been significantly diminished as billionaires pour huge amounts of money into both political parties as they undermine our democracy. It is no great secret as to who now has the clout in Congress. It is the billionaires, the corporate CEOs, the campaign donors and their well-connected lobbyists.
Bottom line: The average American worker is sick and tired of status quo economics and politics. He/she knows that in the richest country on earth we can and should have an economy and political system that works for all, and not just the wealthy few, and that a strong union movement is the vehicle for bringing about the changes that we need.
On this Labor Day, as we reaffirm our support for the trade union movement and for labor solidarity throughout the world, as we continue to fight the day to day struggles against corporate greed, it’s important that we not lose sight of our vision for the future and what kind of country we want to become. Here, in my view, are just a few components of the agenda we need to fight for.
We must establish a vibrant democratic political system. One person, one vote. We must end the disastrous Citizens United Supreme Court decision and the billionaire funding of campaigns through super-PACs. We need to move to the public funding of elections and give political power back to ordinary Americans.
We need to pass the PRO Act and end the ability of companies to illegally intimidate and fire workers who want to join a union. Corporate interests spend an estimated $400 million a year on anti-union consultants who do everything possible, legal and illegal, to fight the right of workers to join unions.
We need to end starvation wages in America and raise the $7.25 an hour federal minimum wage to a living wage. People should not have to work two or three jobs just to pay the bills for their families.
We need trade policies that benefit workers in the U.S. and abroad, not just the CEOs and stockholders of major conglomerates. We need to rebuild our manufacturing sector and create good paying jobs here.
We need to join the rest of the industrialized world and guarantee health care to all people as a human right through a Medicare for All, single payer system. No one should go bankrupt because of a hospital stay. Everyone in America, regardless of income, should have the right to see a doctor.
We must finally guarantee paid family and medical leave to every worker in America. New moms and dads should be able to spend the first few months after delivery with their newborn child. Family members should be able to care for a loved-one who is sick without having to worry about missing a paycheck.
Like health care, education and job training must be considered a human right from childcare to graduate school. At a time when, in a highly competitive global economy, we need the best-educated workforce in the world, no one should be forced to go deeply in debt to get the education and training they need to be productive members of our society.
At a time when 50% of older workers have nothing in the bank for retirement, and 25% of seniors are trying to live on $15,000 a year or less, we must re-establish Defined Benefit Pension plans and increase Social Security benefits. Workers are entitled to a secure and dignified retirement.
And finally, we must address the unprecedented and outrageous level of income and wealth inequality that currently exists. No. It is not acceptable that three multibillionaires own more wealth than the bottom half of American society. It is not acceptable that many billionaires pay an effective tax rate that is lower than truck drivers or nurses. We need a progressive tax system that demands that the wealthiest people in our country finally start paying their fair share of taxes.
Let’s be clear. None of these progressive concepts are “radical.” While they are opposed by the Big Money interests and marginalized by the corporate media and the political establishment, they are strongly supported by a majority of the American people. Most of these ideas, in one form or another, are already in place in other wealthy countries around the world.
So, on this Labor Day, let us redouble our efforts to grow trade unionism in America and create the kind of grassroots movement we need to take on the power of the Oligarchy. Let us, in the wealthiest nation in the history of the world, create an economy that provides a decent standard of living for all, and not just massive and obscene income and wealth inequality.
Timothy Mellon, the reclusive heir to a Gilded Age fortune, has poured over $165 million into the 2024 election so far, with tens of millions backing both Donald Trump and Robert F. Kennedy Jr.
Joining Republican presidential nominee Donald Trump onstage at a campaign rally in Arizona Friday night, Robert F. Kennedy Jr. tried to emphasize what the two share.
"We talked about not the values that separate us, because we don't agree on everything, but on the values and issues that bind us together," Kennedy said shortly after suspending his independent presidential bid to throw his support behind Trump.
But Kennedy did not mention that he and Trump have in common the same billionaire megadonor, a reclusive heir to a Gilded Age fortune who has pumped over $165 million into the 2024 campaign thus far.
Timothy Mellon, the grandson of plutocrat Andrew Mellon, has poured tens of millions of dollars into the campaigns of both Trump and Kennedy, making the secretive billionaire the top individual donor to both.
The campaign finance watchdog OpenSecrets noted Friday in an analysis of Mellon's donations that the billionaire "made a $50 million cash infusion to pro-Trump super PAC Make America Great Again, Inc." in July, according to new Federal Election Commission filings.
"This brings his total contributions to the group to $125 million this election cycle, including a $50 million check he wrote to the super PAC the day after Trump was convicted of 34 felonies," OpenSecrets added. "Mellon's latest $50 million contribution accounts for over 90% of what MAGA, Inc. raised in July."
As for Kennedy, his hybrid PAC American Values 2024 received $25 million from Mellon earlier this year. OpenSecrets observed that Kennedy is quoted on the cover of the billionaire's autobiography, "praising Mellon as a 'maverick entrepreneur.'"
"He and Trump both shared the same major donor—billionaire nepo baby Timothy Mellon. RFK Jr.'s campaign was always a MAGA spoiler."
Robert Reich, the former U.S. labor secretary, wrote Friday that "it's no surprise" Kennedy dropped out of the 2024 race and endorsed Trump.
"He and Trump both shared the same major donor—billionaire nepo baby Timothy Mellon," Reich added. "RFK Jr.'s campaign was always a MAGA spoiler."
Mellon is a member of a powerful group known as "guardian angels," a label "for big donors who supply 40% or more of a committee's funds and are a political group's top contributor," OpenSecrets explained.
Spending from super PACs and other outside groups has topped $1 billion this election cycle, and the largest spender to date has been MAGA, Inc.
But U.S. billionaires, who are collectively richer than ever, aren't exclusively backing pro-Trump groups. Former New York Mayor Michael Bloomberg has cut huge checks to Democratic PACs, and groups backing Democratic nominee Kamala Harris have received large donations from LinkedIn co-founder Reid Hoffman and Netflix executive chairman Reed Hastings, among other rich executives.
In his primetime speech at the Democratic National Convention in Chicago on Tuesday, Sen. Bernie Sanders (I-Vt.) condemned the outsized influence of billionaire "oligarchs" on the U.S. political process, particularly in the wake of the Supreme Court's 2010 Citizens United ruling.
"Billionaires in both parties should not be able to buy elections," said Sanders. "For the sake of our democracy, we must overturn the disastrous Citizens United Supreme Court decision and move toward public funding of elections."
"Billionaires in both parties should not be able to buy elections, including primary elections," said Sen. Bernie Sanders.
Sen. Bernie Sanders said during his primetime appearance at the Democratic National Convention Tuesday night that overturning the U.S. Supreme Court's Citizens United decision should be "at the very top" of the party's list of priorities, particularly given the outsized role that billionaires and dark-money groups have played in recent elections.
"Billionaires in both parties should not be able to buy elections, including primary elections," Sanders (I-Vt.) said in his speech to Democratic delegates and activists gathered in Chicago. "For the sake of our democracy, we must overturn the disastrous Citizens United Supreme Court decision and move toward public funding of elections."
Sanders, a two-time Democratic presidential candidate, argued during his remarks that billionaire and corporate influence on U.S. elections is a major barrier obstructing policy changes that are overwhelmingly popular with the American public.
"These oligarchs tell us we shouldn't tax the rich," said the Vermont senator. "The oligarchs tell us we shouldn't take on price gouging; we shouldn't expand Medicare to cover dental, hearing, and vision; and we shouldn't increase Social Security benefits for struggling seniors."
"Well I've got some bad news for them: That is precisely what we are going to do, and we're going to win this struggle because this is precisely what the American people want from their government," he continued.
Watch Sanders' full speech:
According to the campaign finance watchdog OpenSecrets, super PACs—products of the 2010 Citizens United decision—and other outside groups have already spent more than $1 billion on federal elections this cycle, far outpacing previous election years.
The largest spender thus far has been Make America Great Again Inc., a super PAC supporting Republican nominee Donald Trump.
OpenSecrets also found that so-called "guardian angel" megadonors—"a term for big donors who supply 40% or more of a committee's funds and are a political group's top contributor"—have spent nearly $200 million so far this cycle.
The American Israel Public Affairs Committee's super PAC, which is funded by Republican billionaires, has spent big on Democratic primary contests this year in an effort to oust lawmakers who have backed a cease-fire in the Gaza Strip. Two members of the progressive "Squad"—Reps. Jamaal Bowman (D-N.Y.) and Cori Bush (D-Mo.)—recently lost primary contests to AIPAC-backed Democrats.
"We must take on Big Pharma, Big Oil, Big Egg, Big Tech, and all the other corporate monopolists whose greed is denying progress for working people."
In recent years, Sanders has repeatedly urged the Democratic Party to ban super PAC spending in its primaries, arguing that it's hypocritical for Democrats to call for campaign finance reform while simultaneously allowing billionaire-funded groups to pour staggering sums into their primary contests.
"What you're seeing from AIPAC and other super PACs is simply outrageous," Sanders said earlier this week. "Democrats often talk about the need to end Citizens United, and we agree. They talk about moving to public funding of elections. But if you're serious about the power of money in politics, you can say today, sorry, no super PACs allowed in primaries."
During his DNC speech on Tuesday, Sanders also demanded an immediate cease-fire to end Israel's "horrific war in Gaza" and said he looks forward to working with Democratic nominee Kamala Harris and her running mate, Minnesota Gov. Tim Walz, to pass an agenda that strengthens public education, slashes prescription drug prices, and expands healthcare to all.
"Let us be very clear: This is not a radical agenda," said Sanders. "But let me tell you what a radical agenda is, and that is Trump's Project 2025. At a time of massive income and wealth inequality, giving more tax breaks to billionaires is radical. Putting forth budgets to cut Social Security, Medicare, and Medicaid is radical. Letting polluters destroy our planet is radical."
"We must take on Big Pharma, Big Oil, Big Egg, Big Tech, and all the other corporate monopolists whose greed is denying progress for working people," Sanders continued. "On November 5, let us elect Kamala Harris as our president and let us go forward to create the nation we know we can become."