Category Archives: economy
…the description of what Romney is in that passage is the realistic description of what corporatist, capitalist, Darwinian Republican ideology holds, and the article is absolutely true in regards to the fact that being a capitalist in the private sector that is entirely focused on profit (over people) and serving its corporate masters — capitalists, corporatists and profiteers — is in absolute contrast to a government servant that understands that government’s “customers” are the same as government’s “bosses” — the taxpayers and citizens of this country, and that the government is not supposed to operate on a profit with it’s CEO (the president) only focused on maximizing profit, regardless of who it hurts.
The Tea Party Republicans are an anomaly in that the “movement” is comprised primarily of middle-class voters — even though it has its roots and primary financial backing from elitist Koch Brothers foundations. These middle-class voters are voting against their own best interests when they support the policies that benefit the wealthy elite, not themselves, and it at first seems mystifying, but when you view it as a process of redefinition and rewriting history that has taken place over decades, you see how we got where we are now.
Republicans now think of and use interchangeably capitalism and democracy as if they meant the same thing, and they do not. First, capitalism is an economic system, not a political one. Second, Anmerica is not a democracy: we do not live in a democracy, we live in a republic.
And this is the core difference between Republicans/Libertarians and Democrats in terms of their core constituency and policies. Never in my lifetime has the class division been so sharp. And it is due, in large part to the Republican redefinition of what defines our country. Continue reading
We need to see the “big picture” here…. The problem with the U.S. supporting Mubarak is that, as of late, his human rights record is atrocious. I realize that we support many other oppressive/suppressive regimes around the world, but we … Continue reading
Every town hall I have seen on the tube shows people screaming at the politicians or other presenters about unrelated issues or making wild accusations like the Palin comment about “death panels,” which is not just incorrect, it is grossly misrepresentative and a completely irresponsible remark for a former Governor and Vice Presidential candidate to make.
The bottom line is that we need information. I believe that Obama made a mistake to not have a solid plan to discuss before holding these town hall meetings. However, these meetings could be effective if they were used to discuss possible provisions, their pros and cons, and find out from the people what they need and want rather than dictating to them what the administration thinks they need and want. Timing is everything. Preparation is the next most important thing, and the administration blew it on both counts.
But it is not too late for the American citizens to stand up and take the issue back from the special interests and insist on sanity, clarity and truthfulness. We need to get the country focused on solving problems rather than acting out anger and ignorance, because whether you like any of the bills proposed or not, healthcare is the one singlemost important issue that prevents American labor from being competitive internationally. Continue reading
Betty Lou sent me an e-mail she received from Jim Babka, President, DownsizeDC.org, Inc., on October 1, 2008. This is an excerpt from that e-mail: The bailout fight is not over, and the time for action is right now! Since … Continue reading
I’ve been listening to Dodd’s Senate Banking Committee meeting with witnesses Treasury Secretary Henry Paulson, Federal Reserve Chairman Ben Bernanke, Securities and Exchange Commission Chairman Christopher Cox and Director of the Federal Housing Finance Agency James Lockhart. The gist of … Continue reading
“Those who do not learn from history are doomed to repeat it.” — George Santayana quotes (Spanish born American Philosopher, Poet and Humanist who made important contributions to aesthetics, speculative philosophy and literary criticism. 1863-1952) This housing market debacle … Continue reading
My “informant” on another blog, hapi22, who writes very well-informed pieces, e-mailed this to the group today: No one in the U.S. Senate can say he or she wasn’t warned about the coming Fannie Mae and Freddie Mac meltdown. On … Continue reading
QUOTE OF THE DAY It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong. — Warren Buffett WORDS OF THE DAY … Continue reading