Monday, September 5, 2011

Happy un-Labor Day

Via WRSA from The Economic Collapse

Was reminded that it was the Pullman Strike and it's political reconciliation that's giving you today off.

Via Wiki; The strike was broken up by United States Marshals and some 12,000 United States Army troops, commanded by Nelson Miles, sent in by President Grover Cleveland on the premise that the strike interfered with the delivery of U.S. Mail, violated the Sherman Antitrust Act and represented a threat to public safety. The arrival of the military and subsequent deaths of workers led to further outbreaks of violence.

Pullman Palace Car Company created a "company town".  Unintended consequences from the economic depression of 1893, wage restructuring, and failed union negotiations, led to a strike, factory lockout, and eventually "urban upheaval".

via; openlibrary

Railroads were the shizzle in 1890's. Rail was "high speed". Shaky railroad financing which set off a series of bank failures, contributed to the 1893 depression.  Railroads were also instrumental in the transformation of corporate law.

All these lil dots of history are just backtracks from the posts that spurred the title above.
From the Economic Collapse ... Celebrating the Lack of Jobs ...
This middle class is being pummeled out of existence, and most Americans don't even understand what is happening. rtwt

 Which leads back to one of my own personal conundrums. What is "middle class"? Like "terrorist", it's one of those ubiquitous phrases that defies definition. Everyone I know shoehorns themselves into the "middle class". It's either a very broad economic yardstick ... from under $20k to over 200k annually, or an equally broad "state of mind".

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