Understanding Our Current Economic Situation
To understand our current economic situation you have first to understand the interests that are competing to take everything you have from you. The first thing you need to know about the competing interests is that they are real, and they want what they want for their own benefit and not anyone else. These people are known to anthropologists as self-aggrandizers, people who will use whatever means to enhance their own status and wealth at the expense of everyone else.
In our modern environment it is the bankers who have become the self-aggrandizers. There is a constant tension between bankers in our fractional reserve banking system and the government. Bankers are seeking to be the...
The most successful Republican presidential candidate of the past half century-- Ronald Reagan, who was elected and reelected with landslide victories-- bore little resemblance to the moderate candidates that Republican conventional wisdom depicts as the key to victory, even though most of these moderate candidates have in fact gone down to defeat.
One of the biggest differences between Reagan and these latter-day losers was that Reagan paid great attention to explaining his policies and values. He was called "the great communicator," but much more than a gift for words was involved. The issues that defined Reagan's vision were things he...
The current debate about a fiscal cliff is an entirely bogus debate. The US government can create as much money, as in dollars as it desires. The only reason we have a debate about how much money the US government creates is because the very rich who have captured an excessive amount of those dollars does not want to see more of them printed as it will reduce the value of all they have captured. That is the basis of the issue, period.
The fact that Romney deliberately lied and did so...
What we have in the USA is a conflict over who gets to create money. This conflict is the entire basis of the current “debt crisis” in the US. The very rich people who have cornered the market on dollars as in who have benefitted...
Unfortunately too many Americans are stuck in thinking that those who so recently fleeced them in the recent economic crisis are like them but somehow just did not get it. Too many Americans are having a difficult time in coming to the realization that there are people who do not care about them and will only respond to absolute...
Unfortunately too many Americans are stuck in thinking that those who so recently fleeced them in the recent economic crisis are like them but somehow just did not get it. Too many Americans are having a difficult time in coming to the realization that there are people who do not care about them and will only respond to absolute...
Let’s consider another canard the rich are pushing. That is that keeping taxes low on the rich will lead to increased economic growth and that economic growth will lead to increased economic activity and thus more taxes and reduce the deficit. This was most recently asserted again by Grover Norquist, the best reason to have restricted immigration from Northern Europe when we had the chance, that keeping taxes low...
The current debate about a fiscal cliff is an entirely bogus debate. The US government can create as much money, as in dollars as it desires. The only reason we have a debate about how much money the US government creates is because the very rich who have captured an excessive amount of those dollars does not want to see more of them printed as it will reduce the value of all they have captured. That is the basis of the issue, period.