Tag: Great Recession

The Difference

As we careen, cartwheel, and plummet into the finale of this interminable election season, one refrain we hear many times is that Republicans and Democrats are one and the same.

Indeed, there is ample evidence that both parties are indebted to big business and the status quo. And as Latinos know, Obama’s original immigration policies weren’t much of an improvement over Bush’s approach.

Still, there are differences between the two men running for president— besides the fact that one is a communist Kenyan and the other is a money-grubbing fascist (hey, that’s what the internet told me).

 

For those who have inexplicably not paid attention, Obama is pro-choice, while Romney is pro-life. Obama is against the death penalty, while Romney is fine with it. The president has come out in support of gay marriage, while Romney believes marriage is a straights-only deal. And Obama doesn’t share Romney’s opinion that the US government is inherently inept, corrupt, and/or evil.

I have to admit, those seem to be fairly large differences to me.

Even progressive icon Daniel Ellsberg, no fan of Obama, thinks the president is substantially different from Romney.

So who are the people yelling that Obama and Romney are clones? I mean, besides Lupe Fiasco?

Well, there are true believers who think a leftist or libertarian chief exec is a possibility (it’s not). Then there are self-proclaimed radicals who dismiss the entire American system as corrupt or bourgeois or just plain icky. And finally, there are voters who simply say, “It don’t matter none.” 

But of course it does matter. And for Latino voters, it’s crucial.

Hispanics are the least likely ethnic group to have health insurance, a situation that the infamous Obamacare may alleviate.

On immigration, Obama has endorsed the Dream Act (belatedly, of course), while Romney is still trying to explain how self-deportation would work.

And when it comes to economic policy, Romney’s tax cuts would benefit the upper classes, which are not exactly awash in Latinos. Keep in mind that according to some experts, Romney “cannot deliver all the tax cuts he promised to the wealthy without raising taxes on the middle class.” One can presume that Hispanics will not be among the direct beneficiaries of his tax plan.

However, perhaps some Latinos still believe that it doesn’t matter who wins. Well, think back to those distant days of 2000, when Bush was elected. At the time, many Americans voted for Nader because Gore and Bush were apparently too similar. Therefore, we have to assume that under President Gore, the September 11 attacks, the Great Recession, and FEMA’s horrific response to Hurricane Katrina would have all occurred. Those are rather huge assumptions, to say the least.

But the Iraq War, an obsession unique to neo-cons, certainly would not have happened. So for the families of 4,500 dead US soldiers, there was at least one fundamental, very real difference between the candidates.

By the way, approximately 500 of those soldiers were Latino.

 


What? Me, Worry?

A year ago, I wrote about how the Great Recession hit Latinos hard. At the time, I was hopeful that the worst was behind us. Perhaps that was my natural Hispanic tendency to be optimistic.

After all, Latinos “are worse off, but they are still more positive about where the country is going” compared to most Americans. In particular, “Latino small-business owners are among the fastest growing and most upbeat [groups] in the nation,” and they “worry less about job security and are more positive and humble.”

To continue reading this post, please click here.

 


Show Them the Money

I used to write for a website whose target audience was upscale Hispanic men. My job was to find the hippest, most happenin’, muy caliente places and products.

Of course, I soon grew weary of writing for guys who think $5,000 stereo speakers are their god-given right. But I also got tired of explaining the gig to people who asked, “Just how many rich Latino guys can there be?”

To continue reading this post, please click here.

 

 


Party On

Due to unusual circumstances that I won’t even get into, I found myself at a ritzy event, surrounded by wealthy individuals. I happened to be standing near the door, and I saw members of the one percent walk in.

For the most part, they were polite and just like you and me. However, the exceptions were numerous enough to notice.

To continue reading this post, please click here.


Kafka Would Be Proud

Depending on whom you ask, the housing crisis is over, still going on, or entering a new and far more sinister phase.

Regardless of what happens to the housing market in the near future, we Latinos are doing our part to bolster this crucial component of the U.S. economy. In fact, Hispanics “are thriving during a record low housing market. In the past decade Latino homeownership has risen 2%.”

To continue reading this post, please click here.


Climbing Out of the Hole

As of right now, America still has a functioning economy. We’re not sure if we can pay all our bills, of course, and maybe China will just take ownership soon and have a fire sale on things we never use, like national parks and the state of North Dakota.

But for now, we’re still standing. That fact means different things to different people, however.

For example, the gap between Hispanics and prosperity has rarely been so vast.

To continue reading this post, please click here.


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