Free money creation to bail out America’s elite financial speculators, but not for Social Security or Medicare
Only the “Crazies” Get the Bank Giveaway Right
Financial crashes were well understood for a hundred years after they became a normal financial phenomenon in the mid-19th century. Much like the buildup of plaque deposits in human veins and arteries, an accumulation of debt gained momentum exponentially until the economy crashed, wiping out bad debts – along with savings on the other side of the balance sheet.
Do you remember the film ‘King of Kings ‘(1961), the story of Jesus? In one scene, Jesus is going out to the wilderness for 40 days to search his soul etc. He climbs up a mountain peak and enters a crevice. There sits a man, quite polite, inviting Jesus to share his meal. As they talk, the man attempts to manipulate Jesus by daring him to use his powers as the ‘Son of God ‘. It was the devil, that polite and diplomatic man sitting with Jesus. Well, so goes it with our mainstream 2 Party (and now Tea party) system. Continue reading →
Deep inside this country estate, where only the very rich and powerful are allowed in, a meeting is about to take place. Let’s be a ‘fly on the wall ‘and listen in:
Host- Good that we four can meet here every so often. I felt with the new elections coming around the corner, we should all talk. Now, since I called this meeting, and I handle and control most of the mainstream media, allow me to begin. Things could not be better for us at this time. I and my friends have been able to consistently consolidate more and more of the larger media outlets in America. We have our friends in Europe doing the same as well. Simply put, whatever spin we need we get. Continue reading →
The outspoken scholar and Princeton University professor Cornel West has been viciously attacked by many on the political left, especially supporters of President Obama. Why? Because he had the courage to call Obama a “black mascot of Wall Street oligarchs and a black puppet of corporate plutocrats.” For more of West’s views see this article.
Election time seems around the corner again. You know what, so what? All our lives we always were taught how it is for us to vote. I vote… all the time. I will vote again too, but… having said that, I will be leaving my ballots pretty empty this time around. Why?
Since so many of my Democratic Party friends accuse me of lambasting them too much, let us begin with the Republican Party first. Well, these jokers are at least candid in their disdain for us working stiffs. You see, they come right out and support the super rich and their corporate backers. No bones about it. They are for any sort of tax break for the super rich and the large corporations, each and every time. Continue reading →
You know Grover Norquist. He’s the Washington insider who figured prominently in the movie about Jack Abramoff, “Casino Jack.” Grover Norquist of the “cut taxes/shrink government” mantra that has so informed GOP politics for so many years, the mantra has become the rallying cry of that GOP front known as “The Tea Party.” Grover Norquist who used to (and he has been around for many years) talk about “starving the beast” — “the beast” referring to any Federal government programs that serve the interests of the people as a whole not just the ueber-corporate interests that Grover Norquist serves. Grover Norquist who more recently told us that this aim was “shrink the Federal government to the size of a bathtub and then drown it in the bathtub.” It is that Grover Norquist who is just having a grand old time now.
In the end, this is a war first with ourselves. As long as we refuse to admit that we are not self-creating nor free to choose to be free to choose, this will be a war we cannot identify, a war without a label. And as long as both the poison and the antidote remain without labels, the wealth of the few will increase as will the distress of the many.
“In Mondragon, I saw no signs of poverty. I saw no signs of extreme wealth. I saw people looking out for each other . . . It’s a caring form of capitalism.” — Barbara Peters quoted in “Spanish Town Without Poverty,” Newswise.com/articles/view/17012
“What’s broken is the basic bargain linking pay to production. The solution is to remake the bargain.” — Robert Reich, Aftershock
“Some of what I’ve heard coming out of Wisconsin . . . seems like more of an assault on unions.” — President Obama
In the logistics of Class Warfarin we greedily consume the tenets of a globalized technocapitalism, accept its savagery, including a resulting plutocracy and wealth gap that expands faster than the debt. We consistently misidentify antidotes as the poison and the poison as an antidote. Ralph Nader says that we are in a tug of war but only one side is pulling. In Class Warfarin we are actually pulling on the wrong side. In Class Warfarin there is only one side that we can identify: the wealth side that we are always about to join. Of course, there is the Jerry Springer, now the Jersey Shore, side of underclass buffoons that, unlike ourselves, will never be Winners.
During a wide-ranging interview prior to taking the stage at the Tea Party Patriots American Policy Summit in Phoenix this week, likely presidential candidate Ron Paul stated he “encouraged a write-in vote” as a protest against the existing corrupt “single party system” consisting of Democrats and Republicans. Responding to questions from Voters Evolt, Texas Congressman Paul said he would not “discourage” any votes cast for him. However, fearing it would “glorify the majority,” Paul did not favor a National Policy Referendum.
On February 21, 2011, Bob Fitrakis & Harvey Wasserman published on article on The Free Press entitled “Fighting the 5 fascisms in Wisconsin & Ohio“. They began the article by saying: “The escalating confrontations in Wisconsin and Ohio are ultimately about preventing the United States from becoming a full-on fascist state. The stakes could not be higher—or more clear.” At about the same time, a friend sent me a note in which he said: “[The] decline [of the United States] will be in the form of a ‘downward spiral.’ There may be push-backs at intervals, but in the long run our nation will succumb to fascism.” So maybe now, maybe later, although if it’s later, we still have a fighting chance of preventing its onset. Nevertheless, in considering the argument of Messrs Fitrakis and Wasserman, the question arises: are we there yet? Borrowing from the Propaganda Channel (pardon me, but they [very] occasionally get something right): we report, you decide.
On July 11, 2008, Douglas Bullock, then a resident of N7523 Summit Rd, in Plymouth, WI, wrote a check for $2.31 to new Political Action Committee (PAC) in Wisconsin. This was the opening contribution to the Koch Industries Inc. PAC, a political force that would, in two short years help turn the political landscape of the state upside down. Nationally, the Koch Brothers are known as the funders of the Tea Party movement and in Wisconsin as the patrons of the successful campaign of current Governor Scott Walker. However, their political agenda is far grander than just one candidate or even one political “movement.” The Koch’s are capitalist entrepreneurs on a grand scale and as such are intent on crafting a political environment that best suits their economic designs. In other words, they mean to re-shape the world into their own image one politician, one community and one Statehouse at a time.
Social critic and author Chris Hedges talks about his latest book “Death of the Liberal Class”, in which he argues that democracy is on life support in the U.S. He blames the liberal elites in media, labour, religious groups and academia, for allowing the unfettered rise of the corporate class.
The House GOP leadership allowed only 40 minutes of debate on the extension of certain provisions of the PATRIOT Act today, and brought the bill up for a vote under a rule allowing no amendments and requiring two-thirds of the body to vote YES in order for it to pass.
The House measure which was sponsored by Rep. Jim Sensenbrenner (R-Wis.) failed on a 277-to-148 vote. Twenty-six Republicans voted with 122 Democrats to oppose the measure, while 67 Democrats voted with 210 Republicans to back it. Ten members did not vote.