The really
interesting thing about the state of Washington’s primary last weekend was that
the entire democratic congressional delegation—all eight of them--supported
Hillary Clinton who proceeded to lose to Bernie Sander 72.7 to 27.1 percent.
The deeper
vibrations from this suggest that “the establishment” most actively opposing
the Sanders candidacy is not the big corporation, the billionaire class or the
Republicans. It’s the Democratic Party.
At least
sometimes we know the reason for earthquakes. In Oklahoma, Texas and Kansas,
it’s fracking. As an aside: according
to Scientific American, “Until 2008 not a single earthquake had ever
been recorded by the U.S. Geological Survey from the Dallas–Fort Worth area….Since
then, close to 200 have shaken the cities and their immediate suburbs. “Statewide, Texas is experiencing a six-fold
increase in earthquakes over historic levels. Oklahoma has seen a 160-fold
spike in quakes….In 2014 the state’s earthquake rate surpassed California’s.
[Anna Kirchner, Scientific American, March 28, 2016]
Political
earthquakes are another matter. In last Saturday’s Washington State democratic
results do we understand why Sanders’ won the youth vote by margins of 80
percent? Economist Robert Kuttner
describes the ground-shattering inequality that mainstream democrats have
difficulty seeing. “Yes there is an uptick in entrepreneurship, but for every
young person who creates a company like Amazon, there are tens of thousands
working in its warehouses.”
”most of the unreliable jobs are not on-demand gigs [like
Uber and Task Rabbit]. Rather, they are other forms of lousy “contingent” work.
That category includes temping, contract work, on-call workers, workers hired
by staffing agencies, workers with no job security, and inferior forms of
conventional employment like adjunct college professors who can make less than
minimum wage, Ph.D.’s and all. (So much for the education cure.)
Not exactly
a science magazine, ”The Economist,” admits that today
...opportunity is seen as the preserve of the elite:
two-thirds of Americans believe the economy is rigged in favor of vested
interests. And optimism has turned to anger. Voters’ fury fuels the
insurgencies of Donald Trump and Bernie Sanders and weakens insiders like
Hillary Clinton. [March 26, 2016]
Some details
one wishes Bernie Sanders and his supporters would talk more about have been
described by Financial Times reporter, Virginia Houlder, who reported on Google and Amazon strategies to defray citizens
of the tax payments they should have been receiving to help run their
governments. “They” are merely the latest big international companies to come
under fire for adroit tax planning. “The tech group chose to pay money back to
shareholders by raising $17bn of debt rather than repatriate some of the huge
reserves of cash it holds overseas, which would have resulted in it writing a
big cheque to the US Internal Revenue Service.”
The move had
stoked the growing concern over corporate tax planning. As a financial
crisis became a fiscal crisis and then a political crisis, public anger has
risen over a flawed international system that allows billions of dollars,
pounds and euros of profits to go untaxed.[Vanessa Houlder, Financial times May
3, 2013]
No wonder
there’s no money for education or universal health care. While more up-to-date
reports in the press this week contain the good news that “a global
crackdown on tax avoidance includes the big U. S Tech firms, like Linkedin and
Yahoo, pharmaceuticals, insurance and asset management firms like Blackstone
and Carlyle.”
This came, of course, not
as a progressive celebration but an estimated loss warning for large
corporations. The headline about this in
the San Francisco Chronicle (3/28/16) reported that the “Global tax crackdown
will damage earnings.” The underlying
“frack” making the earth tremble is the OECD report that it is costing
governments $240 billion in tax lost to avoidance ploys such as the booking of
profits in tax havens.
We may not
know if the democratic Congressional delegation in Washington State is leading
the charge against companies using tax avoidance ploys or just warning them so
they can take defensive action. But
somewhere between the energy companies’ love of fracking for oil, and corporate
love of control of the American political process, more earthquakes are coming.
The churches
could begin to recite their own parts in this drama. Studying and praying about
the fract-like quakes that are slaughtering the innocents around the world, and
in their own neighborhoods too. Moving into a public liturgical mode.