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Hightower Lowdown
"You can put earrings on a hog, but it won't hide the ugliness." -- Jim Hightower
December's Lowdown
Corporate elites and their small-minded political servants are creating the Incredibly Shrinking America
"We the people of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America." What a paragraph! This sparse, 52-word opening of our Constitution did not merely launch a fledgling nation--but a bold experiment in democratic idealism.
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In This Issue
Misery for U.S. towns and $10 billion dollars a year for China
How wal-mart is remaking our world
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selling new york city
New Yorkers invented chutzpah, but even the locals are open-mouthed at the cosmic-scale chutzpah of their billionaire mayor, Michael Bloomberg. Mayor Mike is considering a plan that would turn an old joke into reality: He wants to sell you the Brooklyn Bridge!
While he’s at it, he might also put the Manhattan, Williamsburg, and Queensboro bridges on the block. Thinking like the Wall Streeter he was, Bloomberg views public assets as just another commodity to be hawked to profiteers who could make a pretty penny by charging all comers a fee to cross, say, the BankOne Brooklyn Bridge.
The mayor says he’s merely taking “creative measures” to bridge the $5 billion gap that New York faces in its budget. (Of course, a tiny tax on Wall Street transactions would fill that gap in no time, but Mike won’t be that creative.)
Bloomberg also wants to let corporations pay to plaster their names and logos on the public parks, swimming pools, and rec centers.
The mayor’s office says it’ll stick to deals that preserve “the city’s dignity.” Too late, Mike—by its very nature, corporatizing the public’s property not only will cost the city’s dignity, but also its heart and soul.