State of the union
Snapshots from the front
lines of corporate greed and government ignorance
By Ralph Nader
THIS IS A column of tidbits to be sure, important tidbits.
I think they are part of a mosaic of our times. But I'll let you decide
your favorite theme that runs through them. Here goes.
1) Congress refuses to raise the federal minimum wage to the
level of purchasing power it had in 1968. Now at $5.15, it can buy workers
some 33 percent less in goods and services than it did 35 years ago.
Yet Congress increases its own salaries just about every year
presently indexing pay to inflation, at more than $75 an hour plus great
benefits and perks.
2) After deceiving investors of tens of billions of dollars,
10 Wall Street firms were slapped on the wrist by the Securities and
Exchange Commission and the New York attorney general. The "settlement"
amounted to a total of $1.4 billion (much of it deductible), which is
the equivalent of two drops in the bucket.
There were no signs of any prosecution of the big boys. No signs of
investors getting much money back, though the binding arbitration clauses
make any real litigation unlikely. No interest in facilitating the
banding together of millions of investors through compulsory notices
in mailings from these firms to their customers, inviting them to become
a powerful group for a change. The best senators could do at a recent
hearing on this fraud was to wonder whether "Wall Street gets it."
Hope, rather than tough sanctions, is what springs eternal on Capitol
Hill.
3) Washington, D.C., mayor Anthony Williams issues two statements
in four years on his grand vision for the D.C. library system, declares
he's doing something about the district's 37 percent functional illiteracy
rate, and then cuts the tiny budget of the starved library system, with
its 26 branches, even further. At the same time, he announces a $338
million tax package for a desired new major league baseball stadium.
4) The Wall Street Journal reports that some insurers
and critics believe the giant insurance company AIG is overstating the
severity of the medical malpractice litigation crisis as a way of justifying
large rate increases inflicted on physicians and hospitals.
No kidding! This is what the insurance companies have been doing for
years, every time the stock market and interest rates go down (and insurance
company investments decline).
Since the physicians never want to be sued, and since organized medicine,
like the American Medical Association and its state counterparts, refuses
to crack down on the small percentage of bad doctors who account for
the lion's share of the liability payouts, they become willing tools
of their insurers.
Abandoning their patients in gross violation of medical ethics, all
too many physicians march on statehouses demanding variations of immunity
from the less than 1 in 10 litigating victims of incompetence or negligence
that is taking 80,000 American lives a year, according to the Harvard
School of Public Health studies. "Patients Face Cancellations,
Delays, Prescription Hassles," headlines the Journal.
Lost in these mindless manipulations is insensitivity to the enormous
loss of life and preventable injuries from medical and hospital mayhem.
As for those costly insurance policies for physicians: take all of
their premiums and divide the dollars by the number of practicing physicians
and the average premium would be under $10,000 a year for each doctor
about a third of what physicians pay for a seasoned receptionist.
Instead, insurers break out physicians into over 20 classifications
to reduce the insurable pool as for obstetrics and gynecologists
and skyrocket the premium.
5) President George W. Bush wants to bring democracy to Iraq
but stubbornly refuses to support Congressional voting representation
for the people of D.C., whose sons and daughters are in Iraq. Residents
of D.C. pay full federal income taxes but have no senators or representative.
6) The biotechnology industry's grip on the U.S. Food and Drug
Administration continues to deprive consumers of their strong desire
to have biotech food labeled as such in supermarkets. While fish farms
growing salmon oppose any disclosure and labeling of the dyes they use
to color the salmon pink from their real color, which is gray. Unlike
ocean salmon whose pink color comes from their consumption of crustaceans,
expanding farm-grown antibiotic-doused salmon have no such luck.
So what do you make of these snapshots of our economy and politics?
What do they add up to? What is your mosaic of interpretation?