The Class War's New Map: Billionaires Head for the Closet

--The giant, shut-down Bethlehem steel plant in Bethlehem, Pennsylvania will soon become a $600 million casino and hotel complex. With tens of millions of Americans lacking the adequate necessities of food, fuel, shelter, health care and a sustaining job, this project is part of a 25 year trend by the economy, moving away from necessities and over to wants and whims. Among the fastest growing businesses for three decades in America are theme parks, gambling casinos and prisons.

--Our Constitution launched "we the people" to "establish justice, Špromote the general welfare and secure the Blessings of Liberty to ourselves." We're losing ground year after year on all three accounts. Yet to what does Chief Justice John G. Roberts Jr. devote his entire annual report on the federal judiciary this January 1, 2007? He called for a pay raise for judges, calling the current pay ranging from $165,200 to $212,000 (with a great retirement plan) a "constitutional crisis."

-- General Motor has introduced yet another prototype electric car-called the Chevrolet Voltto distract attention from its ongoing engine stagnation and provide a little cover for its gas guzzling muscle cars displayed at the Detroit Auto Show. This procrastinatory tactic by GM has been going on since the 1939 New York World's Fair to keep people looking far into the amorphous future so as to not focus on the dismal today year after year while gasoline prices sky rocket and oil imports swell. We're still waiting for some of GM's engineering prototypes from 1939 to hit the road in the 21^st century.

-- Just as there are stirrings behind more shareholder rights over the companies they own and more disclosure by management of large corporations relating to executive pay and accounting information, the rapid rise of huge pools of capital controlled by private equity firms and Hedge Funds are buying larger and larger public companies and taking them out of the regulatory arenas into secrecy.

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