Happy Labor Day

Today's Pig is Tomorrow's Bacon

Some years from now, in an economic refugee relocation “Enterprise Zone,” your kids will ask you, “What did you do in the Class War, Daddy?”

The trick of class war is not to let the victims know they’re under attack. That’s how, little by little, the owners of the planet take away what little we have.

This week, Dupont, the chemical giant, slashed employee pension benefits by two-thirds. Furthermore, new Dupont workers won’t get a guaranteed pension at all—and no health care after retirement. It’s part of Dupont’s new “Die Young” program, I hear. Dupont is not in financial straits. Rather, the slash attack on its workers’ pensions was aimed at adding a crucial three cents a share to company earnings, from $3.11 per share to $3.14.

So Happy Labor Day.