I have to say yes if the tax was used to benefit those in need. Solving SS, medicare, hunger, medicaid, etc., is an easy fix through minimal mass taxation such as a .25% tax on gas for example. But hey, this is too simple because it solves problems through a collective means. Our problems lie with one politcal party of greed pursistent pursuit of privatizing this nation. Like Thom likened today, Libertarian Capitalism run amock.
Talk is cheap. How do we take action ? Most of the voting public are not aware of this information and if they were would they actually act upon it ? The develo[ment of weapons in homeland security by the Pentagn are weapons for domestic civil disturbance. I believe they are preparing for the day when the majority of citizens wake up to the fact that their government, and their liberty has been seductively taken away. I don't think any of us in the private citizen sector understands when that will be but I believe it is in the itinerary. Where does the corruption come from and where will it end ? Obviously it will be a corporate cue and probably international in nature. The political climate will change from a democracy to some kind of dictatorship. The management of funds and distribution of economic wealth will be modified. It is happening as we speak with deception and stealth beyond what we imagine with very little opposition or concern. We go about out daily routines as we are instructed by our corporate gate keepers who manage us from HR offices around the world. If we are not willing to disrupt our comfort for change now while we still may, we will
be unable to secure our comfort in the future of our own free will. " Freedom isn't Free" as was so aptly pointed out to us in support of two huge illegal wars, the installment of homeland security, and the appointment of presidential powers exceeding constitutional privilege. We are slow learners in this country and sometimes we never learn. It must begin with information. From responsible journalism, whistle blowers, and concerned citizens willing to use their resources for something other than bad advertsing and bad entertainment. It must begin with a kind of folk music revival, protest music, and rock rebellion and free press.
Grass roots is the only way to gain ground through public demand for unsensored information and news.
One of the most interesting stories about the monetary system was on free speech a few days ago. Watching a good narrative while being a long time student of economic, science, engineering and mathematics sometimes puts me into a trance while listening to good explanations or just thinking about formulas that run smooth. For many millenniums economic systems are mainly Gaussian now known to us, likely previously unknown to us though existing naturally. Just as early history told a huge deception to all of us that the world was flat, no its round. That’s right you live on an egg, but we are pretty sure the moon is not made of cheese. So there are plenty of stories about Gauss especially in Wiki stuff which I try to avoid since understanding it is loaded with full time right wingers playing with definitions all day.
Actually a natural sense or normal sense of economics is interpreted through the normal curve, the Gaussian speed bump, and ubiquitous “Bell Curve”. The mean where economics and science clash into each other. As in when things heat up everything starts to bump into each other. From my view people are catching on to what is behind the Gaussian curve. Some say there is a saddle point behind which is loaded with pluralities; these pluralities are what drive the rich to maintain leverage and control. But it is like an open range which can be taken over by Democratic means.
Now what the heck does all that mean? It means understanding the basis derivative. That economic thingy called a derivative that former Treasury Secretary Timothy Geithner said was very complicated. Ladies and Gentlemen the world is bombarded with derivatives all the time daily from the beginning of time. That’s why it is so laughable when Geithner says it’s so complicated. But right before everyone everyday of your life we are bombarded with derivatives. Start to learn them especially by the one Euler developed pronounced “Oiler” famous natural “e”.
These political economic people know what they are doing. Just keep on taking the sweet spot. Read any calculus book and it usually says take the derivative. Now I don’t mind just leave some for me. LOL.
2950-10K~ Palindromedary is a mythological animal, a camel, with a head on both ends. It is troubled by the arrows of indecision.
MMmmNachos ~ I believe as far as the economy is concerned that the Law of Entropy will prevail. How so? I don't know.
HalFonts ~ Your points are well taken. You fail to recommend a solution for the 20/1 pay ratio problem. This is my solution. A cultural upgrade. China's big advantage over the US is culture. Culture is the total life ways of a people. China's culture has developed over thousands of years. A two hundred year old infant culture will never be able to compete. We must upgrade our culture.
Since the Chinese are invading our borders, buying our real estate, and eventually setting up businesses here to be operated by their own people we may be missing a golden opportunity. If we were to "rip-off" the Chinese culture the same way the Corporations are "ripping-off" our combined wealth we stand to be the winners.
An advanced culture such as the Chinese posses is priceless. Their diet alone would resolve many of our woes. Not only is it very healthy and capable of drastically reducing our unnecessary medical expenses; but, it is also very cheap. The average Chinese family feeds itself for a few Dollars a week. The Chinese religion combines business and exercise in its practice. It combines body and spirit improvement and expresses itself in business. If we were to embrace this culture we could make our own society far more efficient, healthy, prosperous, and competitive on the world scene.
HalFonts: I guess 2950-10K could equal -7050. But actually it's just a track time I was proud of hitting while still a teen. I was 19, it was a good field, a 10Km track race, I finished 6th. in 29:50. So 29:50 10K in my world equals 4:48 per mile. 10km works out to 6.25 miles or 25 laps. That was back in 78. I can still break 6:00 for the mile but it's getting harder every year!
While on the subject of numbers, I often wonder about the significance of "Palindromedary." To me it recalls a palindromic sum like 4114. Come on Palindromedary, give us a hint!
MMmmNachos and HalFonts ~ Your theories and concerns are well spoken. I would like to chime in. Unfortunately, I have an errand to run right now. Check back here later tonight for my opinion.
Thank you HALFONTS, for taking a moment to share your insight regarding the questions that I posed. Seeing as KEN WARE never replys to the post I direct to him - I find several people ignor me when I try to engage them in discussion and debate - I do appreciate you for doing so.
I completely agree with everything you laid out; especially your first point about control over S.E. Asia/Pacific economic trade. And yes it is all economic. The only war - in my opinion that the U.S. ever fought that wasn't completely motivated by "economics" - and I argue with myself on this - was the Revolutionary War. At least that war had some merit regarding Independence, and Liberty, as a soverning nation though our individual liberties were quickly diminished by the big bank take over, even though Jefferson and Jackson both - in their time - warned of such foolishness.
On a side note; I often times wonder if the woes we suffer by is Karma for the way we stole this land and treated the locals. And now we are branching out doing the same thing around the world. The United States isn't really all that great when you stop denying the truth.
In your opinion HALFONTS - AND ANYONE ELSE THAT CARES TO CHIME IN - will we (society) ever learn that violence begets violence, war begets war, and economics is the root of our demise? I think we both agree that we all are forced to do things we do not truely agree with. Things that we teach our children not to do, but eventually in order to survive...Yet it's a double edge sword.
The late George Carlin's entire premiss for his "act" focused around entropy...Though he was a genous at comedy, what he was puting in our face regarding our greedy ways and all the nonsense we do to gain more was very true and sad.
Your on the right track HANKK MI. However just to clarify...Congress won't change until you abolish corporate personhood and get the money out of Washington/politics.
I could tolerate an internet sales tax under two conditions: (1) the vendors are obligated to collect it and pay it to the states, and (2) an accompanying luxury sales tax on purchases (made anywhere) over, say, $25,000 or $50,000 or whatever, is implemented at the same time. That pair of sales taxes hits both ends of the economic spectrum. Perhaps the luxury tax could be defined at a rate such that it brings in the same revenues as the internet sales tax.
It's not that the states need the revenue, it's that brick and mortar business have to compete with companies that don't have to collect. I agree that sales taxes are regressive, but that's not the issue.
Listen, the teapublicans have either sold their soles to the wealthy/corporations and are afraid to cross them in fear of losing their job in 2014, or they are just very dumb people, that can not see what their party has done to cause the mess that they put the USA in. They obviously do not know and understand anything about the Great Depression and what caused that. FDR and his very mixed congress knew that Capitalism was the best tool that the USA had, but they also knew that it could no longer be left unchecked, because greed would once again be our down fall. So they struck up 5 regulations that would keep the Nations homesteads safe, (1. heating fuel, 2. electricity, 3. telephone, 4. gasoline, 5.banking) for the next 48 years the USA built a strong middle class to go with the strong upper class and we became the strongest nation in the world.
Starting in1982 with huge loophole/tax breaks for the wealthy/corporations, the downward spiral for the middle class and the Nation begain. In 1984 they de-regulated/broke up AT&T giving the right to the wealthy to put a name on a building, call it a teleco and start selling telephone numbers(which the real teleco had to service, maintain, update, while giving a 35% discount on each line stolen). This worked out so good for the wealthy that they did the same thing to the Electric CO. , do you remember Enron? Then they added our heating fuel, gasoline and banking to the mix and the screwing of the citizens of the USA was complete.
The first manufacturing factories began moving to other countries in 1982 taking millions of middle class jobs and millions of minimum wage jobs. This caused the lose of the middle class tax base, and forced millions of families on to welfare. Now since the upper class tax base disappeared with the giving of the loop holes& tax welfare, we the USA was left with a very small tax base, so small that it force congress to borrow the money to pay it's bills each year. You can thank RREAGAN, GHWBUSH, WM.ClLINTON, and GW BUSH for this no one else, except those elected into congress that can not seem to admit or are just not able to understand that this has caused all of the mess that the USA is in.
Our President has it right, the only way out for the USA is to eliminate all loop holes, all pork barrel spending, place all regulations back where they belong, fine every off shore account, not allow any off shore US Company to bring their products back into the our country, then spend to create jobs, rebuild our bridges, roads, ETC. in the USA. Then cut wasteful spending in our budget. This approach will give us the road back to the top, with a strong upper & middle class tax base, less families on welfare, and no more borrowing money. Hankk
Morning SHFabian, what ended the Occupy movement is that they never came to gether, got a platform and ran with it. Each group just did what they wanted and it never made any sense. The media did call them on that, and they never changed. Yes the Right was upset so much that they did they swiftboat act on them
Most economists agree that austerity programs are a failure to economic growth. But spending, like the program President Eisenhower used to rebuild our infrastructure, the building the Interstate road system, building schools, is the proven path to prosperity. We know in fact that spending works and there has never been a country in the history of the world that used austerity measures as a path to prosperity. These Republican leaders like Paul Ryan have to know that their measures will not work and therefore they fall into the category of being cruel. If the Republican leaders genuinely believe that their austerity program is good for the country then, to use President Eisenhower’s phrase in his letter to his brother Edgar, “they are stupid”.
The Eisners and Murdochs of the world now control the media, and also the thoughts of people. These are the people that decide elections--cause hate against Muslims and other religious faiths (remember,they are all jewish!) Sway people against certain people they dont care for or that dont do their bidding. They profit from war and misery. They are heavily invested in General Electrics nuclear industries as well as the war machines so you know they will convince people to support nuclear power!!!
I changed jobs as a direct result of the Fukushima incident.
I was working for the company that designed the Fukushima and other plants -- 50% of the nuclear plants in the U.S., well before I ever worked there. I worked in an office that had primary responsibility for putting scrubbers on smokestacks of other power plants, so I could rationalize being there to a degree.
But once Fukushima happened, I fully realized the impact nuclear power could have. Most people don't. And all the conversations I have had since then (I moved to a company that primarily now builds solar power plants, and I put solar panels on my house rooftop) have indicated to me that not enough people have really given this much thought -- if any at all!
I get in my opinion and many facts whenever I can to get people to think, but our corrupt government (thank you Ronald Reagan for taking down Jimmy's solar panels, you idiot) and the industries that control it have masked realities so much that most people are oblivious.
I continue to be amused by supply-side thinkers like Mr. Ferrara on Monday's show. If his version of economic theory is true, then when we had the housing collapse, why didn't the mega-buck construction companies come in and build our way out of the mess? Oh, that's right, there wasn't any "demand" for more homes.
The struggling bakery down on the corner, why didn't they just start cranking out an extra 5,000 donuts a day to work themselves out of their troubles? Got me again, no "demand" for those extra donuts.
Putting extra anything into a market that has no "demand" for it simply depresses the market more for that/those items. And there goes any profit incentive.
Maybe this could work if the mega-buck construction companies hired tradesmen that didn't own homes - lived in apartments and such - and employed them for $60K + per year. These workers might then be able to buy what they are building. But that flies in the face of profits by the construction companies that want to pay the lowest dollars possible to build new homes so they can maximize their profit potential.
This is all something Henry Ford figured out, how many years ago? When he knew he had to pay his workers a high enough wage so they could buy the cars they were building and create a "demand" for them.
Simply expecting to dump more widgets into the economy to spur growth is wishfull thinking at best. They might eventually depress the widget market to the point where more people may buy widgets, but the profit potential is gone - each widget is being sold at a loss.
Who was "the U.S.'s" enemy during Viet Nam, Korea, WW II...Who was threatining us as a soverning nation? What were you - a U.S. AirForce Pilot defending? What were you fighting for? And if we did have a legit "enemy" why does our U.S. government have to lie in order to gain and maintain support for war?
It's a critical question, as explanation for what's going on in the US these days (several decades leading to now). I offer several comments.
1. Those past wars all have one thing in common: Battles over who is to be top-dog in the Southeast-Asia/Pacific Economic Trade Area. China, Japan, the USA, or other indiginious smaller powers? It's my firm belief that all wars are economic, generally using religion to either divide the natives, or rally the grunts into fighting for the ruling (financial) power-elite's interests.
2. In recent decades (since WW-II, accelerating lately), we've seen the expansion of "Supra-National Ccnglomerates" that transend any Nations -- that feed on and from nations that they control, while expanding control into others. Actually, predicessor groups go back before colonial times (Hudson Bay Company), however these tended to have European National Identities as they expanded their Nationalist Colonial Empires. Today's Neo-Supra-Nationals, have no such National attachment or allegiances
3. By the 70s US Labor had priced itself out of the world marketplace. We were okay within our own market-area. With our industry, we were productive; but as other cheap-labor countries developed high-skills, US Labor simply could not justify 20:1 pay diferentials in international markets. So, it's been decided to dumb-down the US population, breed them as consumers, and by selling them trinkets, loot their inherited common wealth -- which is well under way.
4. The US, has now become no more than a colony, whose resources (military, financial, industrial, financial and military) are to be looted and used in the furtherance of these Supra-National (offshore) Consortiums. Witness the Cheney/Bush Administration with the Carlyle Group, Halburton, Saudis, etc, etc, -- following PNAC-like {Project for a New American Century} Plans for Global Empire, basd in and out-of the Middle-East.
5. "Our" military hasn't defended "our" Freedom and Democracy from enemies foreign or DOMESTIC for decades. Where were they when we needed them (Corruption in high-places; WTC attack; and Our borders leak like sieves)? They were out supporting unimagenably-rich Individuals, Families and Corporate-interests, and colonializing the world -- for WHO? {See #2 above}.
MMmmNACHO the pieces are all there; the parts to the puzzle fit and make an almost complete picture. It's an old-old story, transforming itself into tommorow's new form. What difference does it make? Well, it helps to at least understand what's happening -- to avoid wasting energy and effort.
The Republicans want one thing, and one thing only: to split the Democratic Party into pieces. They want Obama to give them something, anything they can use to create dishonest attack ads. This stunt by Paul Ryan is a perfect example of that. He puts it forward knowing it would never be passed. This is not a good faith effort at negotiation. It's a publicity stunt. This is not "serious," because he does not care if it passes. Everything the Republicans do is theater for the television cameras. Paul Ryan threw this out right before CPAC so that the television talking heads would have something "serious" (lol) to discuss when they interview young Republicans who know nothing about economics. Let's all watch and see if the t.v. talking heads choose to discuss this dead-end instead of discussing the fact that Republicans are responsible for cuts to unemployment, meals on wheels, and a multitude of essential services to the needy.
The blessing in all this is that America's very active senior citizens have already pegged Paul Ryan and they despise him. It's amazing that the Republican Party is putting this forward with a straight face. I guess they don't want to put forward anyone who might actually run for office in the next few years. His role is to distract America away from the truth. I just wish that Democrats weren't dancing to the Republicans tune. You do not have to respond to every Republican stunt, Democrats. Use your time on the airways to educate and inform.
The people may think it could never happen in the USA - however they should. A nuclear plant right here could have a problem in micro minute.
There are a few who think about eating Gulf seafood (I sure do). With all those BP commercials showing how everything is just honkey dory and safe, the people just dismiss the whole thing.
Maybe I'd have just a wee bit of respect for Paul Ryan if he had the guts to just say, "I want to get the government OUT of providing health insurance for our citizens." Instead, he looks into the camera with that sincere, puppy-dog expression, and says, "Health insurance vouchers are GOOD for you !" Do Republicans, in their heart of hearts, really think we're that stupid....or trusting....or naive ?
I have to say yes if the tax was used to benefit those in need. Solving SS, medicare, hunger, medicaid, etc., is an easy fix through minimal mass taxation such as a .25% tax on gas for example. But hey, this is too simple because it solves problems through a collective means. Our problems lie with one politcal party of greed pursistent pursuit of privatizing this nation. Like Thom likened today, Libertarian Capitalism run amock.
Talk is cheap. How do we take action ? Most of the voting public are not aware of this information and if they were would they actually act upon it ? The develo[ment of weapons in homeland security by the Pentagn are weapons for domestic civil disturbance. I believe they are preparing for the day when the majority of citizens wake up to the fact that their government, and their liberty has been seductively taken away. I don't think any of us in the private citizen sector understands when that will be but I believe it is in the itinerary. Where does the corruption come from and where will it end ? Obviously it will be a corporate cue and probably international in nature. The political climate will change from a democracy to some kind of dictatorship. The management of funds and distribution of economic wealth will be modified. It is happening as we speak with deception and stealth beyond what we imagine with very little opposition or concern. We go about out daily routines as we are instructed by our corporate gate keepers who manage us from HR offices around the world. If we are not willing to disrupt our comfort for change now while we still may, we will
be unable to secure our comfort in the future of our own free will. " Freedom isn't Free" as was so aptly pointed out to us in support of two huge illegal wars, the installment of homeland security, and the appointment of presidential powers exceeding constitutional privilege. We are slow learners in this country and sometimes we never learn. It must begin with information. From responsible journalism, whistle blowers, and concerned citizens willing to use their resources for something other than bad advertsing and bad entertainment. It must begin with a kind of folk music revival, protest music, and rock rebellion and free press.
Grass roots is the only way to gain ground through public demand for unsensored information and news.
Wendalore: I like the rhyme game. How about "tanksters" as in tanking our economy?
One of the most interesting stories about the monetary system was on free speech a few days ago. Watching a good narrative while being a long time student of economic, science, engineering and mathematics sometimes puts me into a trance while listening to good explanations or just thinking about formulas that run smooth. For many millenniums economic systems are mainly Gaussian now known to us, likely previously unknown to us though existing naturally. Just as early history told a huge deception to all of us that the world was flat, no its round. That’s right you live on an egg, but we are pretty sure the moon is not made of cheese. So there are plenty of stories about Gauss especially in Wiki stuff which I try to avoid since understanding it is loaded with full time right wingers playing with definitions all day.
Actually a natural sense or normal sense of economics is interpreted through the normal curve, the Gaussian speed bump, and ubiquitous “Bell Curve”. The mean where economics and science clash into each other. As in when things heat up everything starts to bump into each other. From my view people are catching on to what is behind the Gaussian curve. Some say there is a saddle point behind which is loaded with pluralities; these pluralities are what drive the rich to maintain leverage and control. But it is like an open range which can be taken over by Democratic means.
Now what the heck does all that mean? It means understanding the basis derivative. That economic thingy called a derivative that former Treasury Secretary Timothy Geithner said was very complicated. Ladies and Gentlemen the world is bombarded with derivatives all the time daily from the beginning of time. That’s why it is so laughable when Geithner says it’s so complicated. But right before everyone everyday of your life we are bombarded with derivatives. Start to learn them especially by the one Euler developed pronounced “Oiler” famous natural “e”.
These political economic people know what they are doing. Just keep on taking the sweet spot. Read any calculus book and it usually says take the derivative. Now I don’t mind just leave some for me. LOL.
It makes me sick, they should be prosecuted and sent to jail along with huge fines.
I think "bankster" rhymes with "gangster."
It sounds like your are in agreement with Alan Greenspan's statement that Clinton was the best republican president that Alan knew.
2950-10K~ Palindromedary is a mythological animal, a camel, with a head on both ends. It is troubled by the arrows of indecision.
MMmmNachos ~ I believe as far as the economy is concerned that the Law of Entropy will prevail. How so? I don't know.
HalFonts ~ Your points are well taken. You fail to recommend a solution for the 20/1 pay ratio problem. This is my solution. A cultural upgrade. China's big advantage over the US is culture. Culture is the total life ways of a people. China's culture has developed over thousands of years. A two hundred year old infant culture will never be able to compete. We must upgrade our culture.
Since the Chinese are invading our borders, buying our real estate, and eventually setting up businesses here to be operated by their own people we may be missing a golden opportunity. If we were to "rip-off" the Chinese culture the same way the Corporations are "ripping-off" our combined wealth we stand to be the winners.
An advanced culture such as the Chinese posses is priceless. Their diet alone would resolve many of our woes. Not only is it very healthy and capable of drastically reducing our unnecessary medical expenses; but, it is also very cheap. The average Chinese family feeds itself for a few Dollars a week. The Chinese religion combines business and exercise in its practice. It combines body and spirit improvement and expresses itself in business. If we were to embrace this culture we could make our own society far more efficient, healthy, prosperous, and competitive on the world scene.
Just a suggestion! Peace!
Oh, I'd forgotten about Freudian slips. I guess that fills my need for a term that indicates when a politician accidentally tells the truth.
Reply to # 13
HalFonts: I guess 2950-10K could equal -7050. But actually it's just a track time I was proud of hitting while still a teen. I was 19, it was a good field, a 10Km track race, I finished 6th. in 29:50. So 29:50 10K in my world equals 4:48 per mile. 10km works out to 6.25 miles or 25 laps. That was back in 78. I can still break 6:00 for the mile but it's getting harder every year!
While on the subject of numbers, I often wonder about the significance of "Palindromedary." To me it recalls a palindromic sum like 4114. Come on Palindromedary, give us a hint!
MMmmNachos and HalFonts ~ Your theories and concerns are well spoken. I would like to chime in. Unfortunately, I have an errand to run right now. Check back here later tonight for my opinion.
Thank you HALFONTS, for taking a moment to share your insight regarding the questions that I posed. Seeing as KEN WARE never replys to the post I direct to him - I find several people ignor me when I try to engage them in discussion and debate - I do appreciate you for doing so.
I completely agree with everything you laid out; especially your first point about control over S.E. Asia/Pacific economic trade. And yes it is all economic. The only war - in my opinion that the U.S. ever fought that wasn't completely motivated by "economics" - and I argue with myself on this - was the Revolutionary War. At least that war had some merit regarding Independence, and Liberty, as a soverning nation though our individual liberties were quickly diminished by the big bank take over, even though Jefferson and Jackson both - in their time - warned of such foolishness.
On a side note; I often times wonder if the woes we suffer by is Karma for the way we stole this land and treated the locals. And now we are branching out doing the same thing around the world. The United States isn't really all that great when you stop denying the truth.
In your opinion HALFONTS - AND ANYONE ELSE THAT CARES TO CHIME IN - will we (society) ever learn that violence begets violence, war begets war, and economics is the root of our demise? I think we both agree that we all are forced to do things we do not truely agree with. Things that we teach our children not to do, but eventually in order to survive...Yet it's a double edge sword.
The late George Carlin's entire premiss for his "act" focused around entropy...Though he was a genous at comedy, what he was puting in our face regarding our greedy ways and all the nonsense we do to gain more was very true and sad.
Your on the right track HANKK MI. However just to clarify...Congress won't change until you abolish corporate personhood and get the money out of Washington/politics.
I could tolerate an internet sales tax under two conditions: (1) the vendors are obligated to collect it and pay it to the states, and (2) an accompanying luxury sales tax on purchases (made anywhere) over, say, $25,000 or $50,000 or whatever, is implemented at the same time. That pair of sales taxes hits both ends of the economic spectrum. Perhaps the luxury tax could be defined at a rate such that it brings in the same revenues as the internet sales tax.
It's not that the states need the revenue, it's that brick and mortar business have to compete with companies that don't have to collect. I agree that sales taxes are regressive, but that's not the issue.
Listen, the teapublicans have either sold their soles to the wealthy/corporations and are afraid to cross them in fear of losing their job in 2014, or they are just very dumb people, that can not see what their party has done to cause the mess that they put the USA in. They obviously do not know and understand anything about the Great Depression and what caused that. FDR and his very mixed congress knew that Capitalism was the best tool that the USA had, but they also knew that it could no longer be left unchecked, because greed would once again be our down fall. So they struck up 5 regulations that would keep the Nations homesteads safe, (1. heating fuel, 2. electricity, 3. telephone, 4. gasoline, 5.banking) for the next 48 years the USA built a strong middle class to go with the strong upper class and we became the strongest nation in the world.
Starting in1982 with huge loophole/tax breaks for the wealthy/corporations, the downward spiral for the middle class and the Nation begain. In 1984 they de-regulated/broke up AT&T giving the right to the wealthy to put a name on a building, call it a teleco and start selling telephone numbers(which the real teleco had to service, maintain, update, while giving a 35% discount on each line stolen). This worked out so good for the wealthy that they did the same thing to the Electric CO. , do you remember Enron? Then they added our heating fuel, gasoline and banking to the mix and the screwing of the citizens of the USA was complete.
The first manufacturing factories began moving to other countries in 1982 taking millions of middle class jobs and millions of minimum wage jobs. This caused the lose of the middle class tax base, and forced millions of families on to welfare. Now since the upper class tax base disappeared with the giving of the loop holes& tax welfare, we the USA was left with a very small tax base, so small that it force congress to borrow the money to pay it's bills each year. You can thank RREAGAN, GHWBUSH, WM.ClLINTON, and GW BUSH for this no one else, except those elected into congress that can not seem to admit or are just not able to understand that this has caused all of the mess that the USA is in.
Our President has it right, the only way out for the USA is to eliminate all loop holes, all pork barrel spending, place all regulations back where they belong, fine every off shore account, not allow any off shore US Company to bring their products back into the our country, then spend to create jobs, rebuild our bridges, roads, ETC. in the USA. Then cut wasteful spending in our budget. This approach will give us the road back to the top, with a strong upper & middle class tax base, less families on welfare, and no more borrowing money. Hankk
Morning SHFabian, what ended the Occupy movement is that they never came to gether, got a platform and ran with it. Each group just did what they wanted and it never made any sense. The media did call them on that, and they never changed. Yes the Right was upset so much that they did they swiftboat act on them
Most economists agree that austerity programs are a failure to economic growth. But spending, like the program President Eisenhower used to rebuild our infrastructure, the building the Interstate road system, building schools, is the proven path to prosperity. We know in fact that spending works and there has never been a country in the history of the world that used austerity measures as a path to prosperity. These Republican leaders like Paul Ryan have to know that their measures will not work and therefore they fall into the category of being cruel. If the Republican leaders genuinely believe that their austerity program is good for the country then, to use President Eisenhower’s phrase in his letter to his brother Edgar, “they are stupid”.
The Eisners and Murdochs of the world now control the media, and also the thoughts of people. These are the people that decide elections--cause hate against Muslims and other religious faiths (remember,they are all jewish!) Sway people against certain people they dont care for or that dont do their bidding. They profit from war and misery. They are heavily invested in General Electrics nuclear industries as well as the war machines so you know they will convince people to support nuclear power!!!
I changed jobs as a direct result of the Fukushima incident.
I was working for the company that designed the Fukushima and other plants -- 50% of the nuclear plants in the U.S., well before I ever worked there. I worked in an office that had primary responsibility for putting scrubbers on smokestacks of other power plants, so I could rationalize being there to a degree.
But once Fukushima happened, I fully realized the impact nuclear power could have. Most people don't. And all the conversations I have had since then (I moved to a company that primarily now builds solar power plants, and I put solar panels on my house rooftop) have indicated to me that not enough people have really given this much thought -- if any at all!
I get in my opinion and many facts whenever I can to get people to think, but our corrupt government (thank you Ronald Reagan for taking down Jimmy's solar panels, you idiot) and the industries that control it have masked realities so much that most people are oblivious.
Supply Siders
I continue to be amused by supply-side thinkers like Mr. Ferrara on Monday's show. If his version of economic theory is true, then when we had the housing collapse, why didn't the mega-buck construction companies come in and build our way out of the mess? Oh, that's right, there wasn't any "demand" for more homes.
The struggling bakery down on the corner, why didn't they just start cranking out an extra 5,000 donuts a day to work themselves out of their troubles? Got me again, no "demand" for those extra donuts.
Putting extra anything into a market that has no "demand" for it simply depresses the market more for that/those items. And there goes any profit incentive.
Maybe this could work if the mega-buck construction companies hired tradesmen that didn't own homes - lived in apartments and such - and employed them for $60K + per year. These workers might then be able to buy what they are building. But that flies in the face of profits by the construction companies that want to pay the lowest dollars possible to build new homes so they can maximize their profit potential.
This is all something Henry Ford figured out, how many years ago? When he knew he had to pay his workers a high enough wage so they could buy the cars they were building and create a "demand" for them.
Simply expecting to dump more widgets into the economy to spur growth is wishfull thinking at best. They might eventually depress the widget market to the point where more people may buy widgets, but the profit potential is gone - each widget is being sold at a loss.
MMmmNACHOS in #8 asks KEN:
Who was "the U.S.'s" enemy during Viet Nam, Korea, WW II...Who was threatining us as a soverning nation? What were you - a U.S. AirForce Pilot defending? What were you fighting for? And if we did have a legit "enemy" why does our U.S. government have to lie in order to gain and maintain support for war?
It's a critical question, as explanation for what's going on in the US these days (several decades leading to now). I offer several comments.
1. Those past wars all have one thing in common: Battles over who is to be top-dog in the Southeast-Asia/Pacific Economic Trade Area. China, Japan, the USA, or other indiginious smaller powers? It's my firm belief that all wars are economic, generally using religion to either divide the natives, or rally the grunts into fighting for the ruling (financial) power-elite's interests.
2. In recent decades (since WW-II, accelerating lately), we've seen the expansion of "Supra-National Ccnglomerates" that transend any Nations -- that feed on and from nations that they control, while expanding control into others. Actually, predicessor groups go back before colonial times (Hudson Bay Company), however these tended to have European National Identities as they expanded their Nationalist Colonial Empires. Today's Neo-Supra-Nationals, have no such National attachment or allegiances
3. By the 70s US Labor had priced itself out of the world marketplace. We were okay within our own market-area. With our industry, we were productive; but as other cheap-labor countries developed high-skills, US Labor simply could not justify 20:1 pay diferentials in international markets. So, it's been decided to dumb-down the US population, breed them as consumers, and by selling them trinkets, loot their inherited common wealth -- which is well under way.
4. The US, has now become no more than a colony, whose resources (military, financial, industrial, financial and military) are to be looted and used in the furtherance of these Supra-National (offshore) Consortiums. Witness the Cheney/Bush Administration with the Carlyle Group, Halburton, Saudis, etc, etc, -- following PNAC-like {Project for a New American Century} Plans for Global Empire, basd in and out-of the Middle-East.
5. "Our" military hasn't defended "our" Freedom and Democracy from enemies foreign or DOMESTIC for decades. Where were they when we needed them (Corruption in high-places; WTC attack; and Our borders leak like sieves)? They were out supporting unimagenably-rich Individuals, Families and Corporate-interests, and colonializing the world -- for WHO? {See #2 above}.
MMmmNACHO the pieces are all there; the parts to the puzzle fit and make an almost complete picture. It's an old-old story, transforming itself into tommorow's new form. What difference does it make? Well, it helps to at least understand what's happening -- to avoid wasting energy and effort.
The Republicans want one thing, and one thing only: to split the Democratic Party into pieces. They want Obama to give them something, anything they can use to create dishonest attack ads. This stunt by Paul Ryan is a perfect example of that. He puts it forward knowing it would never be passed. This is not a good faith effort at negotiation. It's a publicity stunt. This is not "serious," because he does not care if it passes. Everything the Republicans do is theater for the television cameras. Paul Ryan threw this out right before CPAC so that the television talking heads would have something "serious" (lol) to discuss when they interview young Republicans who know nothing about economics. Let's all watch and see if the t.v. talking heads choose to discuss this dead-end instead of discussing the fact that Republicans are responsible for cuts to unemployment, meals on wheels, and a multitude of essential services to the needy.
The blessing in all this is that America's very active senior citizens have already pegged Paul Ryan and they despise him. It's amazing that the Republican Party is putting this forward with a straight face. I guess they don't want to put forward anyone who might actually run for office in the next few years. His role is to distract America away from the truth. I just wish that Democrats weren't dancing to the Republicans tune. You do not have to respond to every Republican stunt, Democrats. Use your time on the airways to educate and inform.
The people may think it could never happen in the USA - however they should. A nuclear plant right here could have a problem in micro minute.
There are a few who think about eating Gulf seafood (I sure do). With all those BP commercials showing how everything is just honkey dory and safe, the people just dismiss the whole thing.
Maybe I'd have just a wee bit of respect for Paul Ryan if he had the guts to just say, "I want to get the government OUT of providing health insurance for our citizens." Instead, he looks into the camera with that sincere, puppy-dog expression, and says, "Health insurance vouchers are GOOD for you !" Do Republicans, in their heart of hearts, really think we're that stupid....or trusting....or naive ?