Every time I write to the Congresscritters from this state, I tell them to oppose Obamatrade, which is what I call the TPP. That should appeal to them since they're all Republicans.

Plutocrats Prevail in American Fascism

{… a limerick …}

√ Turmoil of types fascistic.

√ Pols of types narcissistic.

√ Big Money prevails

over all that ails

in a nation gone ballistic.

====================

I've seen Shultz on Sunday talk shows.....shows with Republicans and their damn bald faced lies. She did absolutely nothing to refute them. She didn't even play defense, let alone go on offense!

The following video from CREDO says it all:

http://blog.credomobile.com/2016/03/video-nobel-prize-winner-fact-checks...

If the link above doesn't work, manually type the URL in. the video's well worth seeing.

Not long ago, I wrote to President Obama and asked him if he wanted his daughters to grow up in a country where international corporations could sue the government because clean air and clean water laws and regulations were judged by a trade tribunal to be standing in the way of those corporations making expected profits. I never received an answer.

No, it is about monopolizing the OWNERSHIP of all FUTURE productive capital wealth among the already wealthy capital OWNERSHIP class, who wield political power throughout the world.

The Trans Pacific Partnership agreement will promote the interests of giant, multinational corporations over the interests of labor, environmental, consumer, human rights, or other stakeholders in democracy, AND FURTHER CONCENTRATE OWNERSHIP OF THE NON-HUMAN PRODUCTIVE CAPITAL MEANS OF PRODUCTION!

The REAL STORY is a story about the collusion among a globally wealthy ownership class to further concentrate private sector ownership in ALL FUTURE wealth-creating, income-generating productive capital asset creation on a global scale. A sorta FREE TRADE ON STEROIDS!

This is a battle between two property system choices: economies such as China in which the productive capital assets are primarily state-owned or state-sponsored communism or socialism and economies such as the United States, Great Britain, Canada, Mexico, Australia, Japan, etc in which the productive capital assets are primarily privately owned, although also largely concentrated among less than 10 percent of the population so as to require massive earnings redistribution, and thus welfare support open and disguised.

But there is another alternative, a balanced Just Third Way (http://www.cesj.org/thirdway/thirdway-intro.htm), based on an understanding of binary economics, by which over time the economy's productive capital assets will become almost entirely individually owned by 100 percent of the citizens. Such an economy would produce efficiencies of production fully using ever-advancing technologies of production that will fuel a greater growth of the world economies by eliminating the problematic condition of the exponential disassociation of production and consumption through ordinary citizens gaining access to FUTURE productive capital ownership to improve their economic well-being, without taking anything away from those who already own.

It is critical that private property ownership in productive capital be extended to ALL people because of the increasing power of productive capital to produce more and more of the wealth or products and services needed and wanted by society. Because productive capital––the non-human factor of production––is an independent productive power separate from human labor power, and represents an increasing role in creating wealth, the question to be addressed is: Who has the right to acquire ownership of productive capital?

While people have private property rights in their own labor, due to tectonic shifts in the technologies of production it is not enough for individual survival if people cannot get jobs, or if jobs, in reality are no longer doing a substantial part of the wealth creation. As exponential technology shifts destroy jobs and devalue the worth of labor, people need not only private property rights in their own labor, but also private property rights in the productive capital assets that are doing ever more of the work.

We as a nation, and other nations, can no longer limit people to personal rights while restricting ownership acquisition rights in wealth-creating, income-producing productive capital assets to those already well-capitalized. To be a just society, all individuals MUST have effective property rights not only in their labor and personal use possessions but also in FUTURE productive capital asset creation. Because of this imbalance, the result has been that the consumer populous is not able to get the money to buy the products and services produced increasingly by the non-human factor––physical productive capital––as a result of substituting machines for people. And yet you can’t have mass production without mass human consumption.

Broadened, private sector individual ownership of FUTURE productive capital assets as a societal objective is the ONLY individual private property-rights approach that will provide solutions to income inequality, unemployment, underemployment and anemic GDP growth––all of which is rooted in the tectonic shift in the technologies of production and its concentrated ownership. This reality, as a practical matter, is destroying jobs and devaluing the worth of labor, widening the income gap between the rich and poor and struggling (each resentful and suspicious of the other), and resulting in our inability to achieve double-digit GDP growth in the United States and other countries.

To solve this challenge, several policies must be implemented in the United States:

1. Tax reform is needed to incentivize broadened individual ownership of corporations by their employees. As an incentive, provide a tax deduction to corporations for dividend payouts, which would tighten-up the right of each owner to his or her full share of profits, a basic and historic right of private property. It would eliminate double and triple taxes on corporate profits, shifting the burden of taxation to personal incomes after exempting initial incomes that would allow low and middle class citizens not to pay taxes on incomes needed to cover basic living expenses. It will also encourage corporations to finance their growth through the issuance of new full voting, full dividend payout shares for financing their productive capital growth needs through Employee Stock Ownership Plans (ESOPs) and Capital Homestead Accounts (CHAs). Politically we need to insist that politicians lift barriers to the democratization of future ownership opportunity based on sound principle, rather than redistributive taxation.

2. As increasingly more workers acquire ownership stakes in FUTURE corporate productive capital assets using ESOP financing mechanisms, workers will build second incomes to support their living expenses, which in turn means they will be better "customers with money" to support demand for the products and services that the economy is capable of producing. By reason of the higher marginal spending rate on the part of workers second incomes, more of the additional income earned by the new capitalists (who have many unsatisfied consumer needs and wants) will be spent on consumption than if the income had been earned by those capitalists who now have concentrated the ownership of productive capital exclusively, and who have few, if any, consumer needs and wants. Such broadened incremental consumption will fuel a demand for more consumer products and services, which in turn will provide incentive for greater productive capital investment.

3. For all Americans, the Federal Reverse needs to create an asset-backed currency that can enable every man, woman and child to establish a Capital Homestead Account or "CHA" (a super-IRA or asset tax-shelter for citizens) at their local bank to acquire a growing dividend-bearing stock portfolio to supplement their incomes from work and all other sources of income. The CHA would process an equal allocation of productive credit to every citizen exclusively for purchasing full-dividend payout shares in companies needing funds for growing the economy and private sector jobs for local, national and global markets. The shares would be purchased using essentially interest-free credit wholly backed by projected "future savings" in the form of new productive capital assets as well as the future marketable products and services produced by the newly added technology, renewable energy systems, plant, rentable space and infrastructure added to the economy. Risk of default on each stock acquisition loan would be covered by private sector capital credit risk insurance and, if necessary, government reinsurance, but would not require citizens to reduce their funds for consumption to purchase shares.

4. Reform the tax code such that the tax rate would be a single rate for all incomes from all sources above an established personal exemption level (for example, an exemption of $100,000 for a family of four to meet their ordinary living needs) so that the budget could be balanced automatically and even allow the government to pay off the growing unsustainable long-term debt. The poor would pay the first dollar over their exemption levels as would the stock fund operator and others now earning billions of dollars from capital gains, dividends, rents and other property incomes.

5. As a substitute for inheritance and gift taxes, a transfer tax should be imposed on the recipients whose holdings exceeded $1 million, thus encouraging the super-rich to spread out their monopoly-sized estates to all members of their family, friends, servants and workers who helped create their fortunes, teachers, health workers, police, other public servants, military veterans, artists, the poor and the disabled.

6. Eliminate all tax loopholes and subsidies.

These polices would result in rapid and substantial economic growth with the GDP rate in double digits. As a result of the stimulus effect, more REAL, decent paying job opportunities and further technological advancement would be created while simultaneously broadening private, individual ownership of FUTURE wealth-creating, income-generating productive capital assets, which would support second and primary incomes for ALL Americans.

In this new FUTURE economy, a citizen would start to benefit financially at the time he or she enters the economic world as a labor worker, to become increasingly a capital owner, whose productive capital assets contribute as a non-human worker earning a second income, and at some point to retire as a labor worker and continue to participate in production and to earn income as a capital owner until the day you die.

As we ALL contribute to the building of a FUTURE economy that can support general affluence for EVERY man, woman and child, at some point as the technologies of production further advance there will be far less need for human workers and productive capital asset ownership will become the primary income source for most people. As general affluence becomes more widespread people will be free and economically secure to pursue their creative desires and pleasures, further contributing to the cultural and societal development of the country.

Support the Agenda of The Just Third Way Movement at http://foreconomicjustice.org/?p=5797

Support Monetary Justice at http://capitalhomestead.org/page/monetary-justice

Support the Capital Homestead Act at http://www.cesj.org/homestead/index.htm and http://www.cesj.org/homestead/summary-cha.htm. See the full Act at http://cesj.org/homestead/strategies/national/cha-full.pdf

See "Financing Economic Growth With 'FUTURE SAVINGS': Solutions To Protect America From Economic Decline" at NationOfChange.org http://www.nationofchange.org/financing-future-economic-growth-future-savings-solutions-protect-america-economic-decline-137450624 and "The Income Solution To Slow Private Sector Job Growth" at http://www.nationofchange.org/income-solution-slow-private-sector-job-growth-1378041490.

The Dems are not anti-Big Business, they are just anti-small business.... The Democratic Party is pro BIG BUSINESS, BIG LABOR, BIG BANKS, Lawyers (big and small firms), and the super WEALTHY (like George Soros) .... And Big Government, and they tend to like Fasist type of Presidents like FDR and Obama (for Congress and take action) .... And under the Democrats the super Wealthy get wealthier, and the Poor get Poorer, as they did under FDR and Obama.

I think what we have here are the ANTI-People people .... If the Republcians were to pass tariffs, we would hear the they are just trying to protect the WEALTHY, if they lower the TARIFFS we would hear that they are trying to hurt the working class. What we should be trying to do, is to promote full employment it in the USA. Best way to do that would be to repeal all Labor based taxes .... The FICA taxes on the employees and those on the employers, that would increase the take home pay of the worker while reducing the cost to the employers, then we should repeal the FUI and all income taxes on wages. Replace the lost revenue by passing the FAIR TAX on Goods only, both foreign and domestic goods .... That way we could have both FAIR TRADE and FREE TRADE, Good for everyone.

Thom,

You need to put this on your show regarding the reason for the low Democratic primary turnout:

It is simply because of the media blackout on Bernie. People who watch TV only know of one candidate, in which case, why bother to vote in the primary.

Hordes are coming out for Trump and the fascist wing because he's all over every form of media. They aren't that much more energized, its just that more of them are aware of the race.

In 2008, Obama and Hillary were both all over the media in the horse race. Now, as far as the media is concerned there is still only one Dem candidate, with only minor change since the start of voting,

If they start covering Bernie like Trump, there will be crushing crowds.

Alexis

I am not sure why the left hates big companies so much. If it wasn't for them where would you put all your pension funds. If they don't turn big profits there is no pension plans. Big companies, with the exception of government, are the only places left that have those great union jobs. This is one of those reasons the Democrats are know for their anti business. Guys like Thom are always bashing corporations.

Correction: "Trumpenstein".

It's not a big lie, it's maybe a broadbrush. There are segments of the left that are, in fact, very much anti business and even against private property but even most from those segments know that many, and often most, people don't agree with them (yet) and that they have to share a society with those who disagree and bargain and demand in good faith (that is, they don't make unreasonable demands of business or expect them to do something harmful to their enterprises.
Thom is more of the center-left, the "mushy middle" - and he gets pretty mushy sometimes. I ain't votin' for no Hillary.

Where is the profit if the very people who work for the corporations and the politicians who do there bidding are getting the cancers as well ?

Short term gain always leads to long term loss .

Thanks for showing us just how primitive some of us are .Why would you want to despoil the land and cause cancers to your own workers and the politicians that do your bidding .Where's the profit in that .This has been going on for too long now .Profit before the highest good of all.

A stewardship act has to be passed and adheard to .A corporate death charter that puts caring for our planet first before the interests of Corporations .Bringing consciousness into commerce and caring for our ecosystem must come first.

A new guiding principle for humanity that at any time if your not honouring good stewardship of the land if shall know longer be kept in your care . Can you imagine how many corporations would have to give up doing business and how much the ecosystem and health of the people would improve .

This can only happen though through raising awareness and raising the collective consciousness so we all agree what's the best way forward and serving highest good of all .

Ownership has done so much damage to the Human species the insistence that you can own stuff land,people the resources .A model that could work is off responsibility where one feels personally responsible for caring and stewarding those things in our care .We are talking about mutual dependency of all living things hounouring all living species keeping the systems in balance and at the forefront of our minds .

We have so much growing to do as a species .Who are we ? What are we trying to do ?,Where are we going ?