How it is that anyone can take the main stream media at face value anymore is beyong my comprehension.
THIS shouldn't be missed...
Showing posts with label Capitalism.... Show all posts
Showing posts with label Capitalism.... Show all posts
Monday, January 2, 2012
Wednesday, December 14, 2011
Self Interest has fed more people than charity...
If you haven't heard this perspective, then you are missing a big piece of your political education.
Greta Van Susteren inteviews Rush Limbaugh
Greta Van Susteren inteviews Rush Limbaugh
Monday, February 14, 2011
Global Food Prices...
An interesting article in Time:
Less clear is what's actually behind the spike in food prices. Bad weather plays a major role — a devastating heat wave in Russia last summer ruined grain harvests and prompted that country to suspend exports, jolting global markets. Excessive heat in the Midwest stunted the corn crop, leading to a 5% drop in production last year. Rising demand for food — especially meat, whose production requires lots of grain and water — in the richer parts of the developing world is straining supplies. And then there's ethanol, the production of which sucks up grain and cropland that could be used for food. In America, 40% of the corn crop is currently diverted to make fuel for cars. "Ethanol uses 4.9 billion bushels of corn in the U.S.," says Lester Brown, president of the Earth Policy Institute, an environmental think tank. "That's enough grain to feed 350 million people." (Read "Food Prices: Up, Up and Away.")Read more: http://www.time.com/time/health/article/0,8599,2048885,00.html#ixzz1Dx7doAuE
Less clear is what's actually behind the spike in food prices. Bad weather plays a major role — a devastating heat wave in Russia last summer ruined grain harvests and prompted that country to suspend exports, jolting global markets. Excessive heat in the Midwest stunted the corn crop, leading to a 5% drop in production last year. Rising demand for food — especially meat, whose production requires lots of grain and water — in the richer parts of the developing world is straining supplies. And then there's ethanol, the production of which sucks up grain and cropland that could be used for food. In America, 40% of the corn crop is currently diverted to make fuel for cars. "Ethanol uses 4.9 billion bushels of corn in the U.S.," says Lester Brown, president of the Earth Policy Institute, an environmental think tank. "That's enough grain to feed 350 million people." (Read "Food Prices: Up, Up and Away.")Read more: http://www.time.com/time/health/article/0,8599,2048885,00.html#ixzz1Dx7doAuE
Saturday, January 23, 2010
Utah Homemaker's For America... Madame Defarge...
Madame Defarge is Knitting Again..
Do you remember Madame Defarge, one of Dickens’ most frightening villains? She was a tricoteuse, one of the old women who would sit around the guillotine knitting during the reign of terror. Her knitting was not a pair of Christmas socks for a nephew, but instead a denunciation that meant death for the accused. There was no court, no judge, no trial, no jury. The denounced were condemned by their accusers and by a desperate and blood thirsty public.
In our day amazing judgments have been made in the court of public opinion using more emotional than rational and logical thought. Both political parties have been guilty of feeding the frenzy.
Many of us depend everyday on prescription drugs. ("The vast majority of drug development takes place within the private sector and not, as some claim, in government-funded laboratories..." http://www.nysun.com/new-york/capitalism-said-key-to-finding-new-drugs/80569/) Yet, as much good as they do for many people, the entire pharmaceutical industry has been denounced and become a target of crippling regulation.
The oil industry makes so many things possible in our society. It warms our homes, provides us with transportation, brings our food, clothing and medicines to us and yet oil companies have been denounced and drilling stopped or not allowed in many places.
The coal industry brings us the electricity to light, cool and heat our homes and cook our food, but coal has been denounced. "So if somebody wants to build a coal-powered plant, they can; it's just that it will bankrupt them because they're going to be charged a huge sum for all that green house gas that's being emitted." (Barack Obama January 17, 2008 San Francisco Chronicle)
Small business has been denounced for its lack of ability to pay health coverage for employees.
Big banks are being denounced. "President Barack Obama told banks Thursday they should pay a new tax to recoup the cost of bailing out foundering firms at the height of the financial crisis. "We want our money back," he said. And, those banks "... would have to pay up even though many did not accept any taxpayer assistance and most that did have repaid the infusions."
Of course there is dishonesty, corruption and deceit in every industry, but we have laws and we have courts to punish those whose actions are illegal. I believe it is wrong, harmful and un-American to denounce and condemn an entire industry with out court, judge, trial or jury.
Now in Utah, ethics reform is being considered, Utah Ethics Commission Initiative,
where a 3 member panel (a lifetime appointment) would be able to anonymously point a finger of denouncement at any elected representative. http://files.meetup.com/1403508/Government%20Ethics%20Reform%20Initiative.pdf
Who is going to run for public office under this kind of pressure? The proposal is not going through normal legislative processes, but rather through ballot initiative. It will get on the ballot because someone will be at the local mall and they will ask if you are interested in ethics reform in government. Rather than read the twenty one pages of legalese, many will just sign the petition to get this on the ballot and many will vote for it with out ever reading it simply because our public servants have been denounced.
This is mob rule, this is ignorant and blood thirsty. This is not republican government. Before we denounce our entire economy and our republic into the dark ages, we need to send the ideologies of Madame Defarge to the guillotine.
Do you remember Madame Defarge, one of Dickens’ most frightening villains? She was a tricoteuse, one of the old women who would sit around the guillotine knitting during the reign of terror. Her knitting was not a pair of Christmas socks for a nephew, but instead a denunciation that meant death for the accused. There was no court, no judge, no trial, no jury. The denounced were condemned by their accusers and by a desperate and blood thirsty public.
In our day amazing judgments have been made in the court of public opinion using more emotional than rational and logical thought. Both political parties have been guilty of feeding the frenzy.
Many of us depend everyday on prescription drugs. ("The vast majority of drug development takes place within the private sector and not, as some claim, in government-funded laboratories..." http://www.nysun.com/new-york/capitalism-said-key-to-finding-new-drugs/80569/) Yet, as much good as they do for many people, the entire pharmaceutical industry has been denounced and become a target of crippling regulation.
The oil industry makes so many things possible in our society. It warms our homes, provides us with transportation, brings our food, clothing and medicines to us and yet oil companies have been denounced and drilling stopped or not allowed in many places.
The coal industry brings us the electricity to light, cool and heat our homes and cook our food, but coal has been denounced. "So if somebody wants to build a coal-powered plant, they can; it's just that it will bankrupt them because they're going to be charged a huge sum for all that green house gas that's being emitted." (Barack Obama January 17, 2008 San Francisco Chronicle)
Small business has been denounced for its lack of ability to pay health coverage for employees.
Big banks are being denounced. "President Barack Obama told banks Thursday they should pay a new tax to recoup the cost of bailing out foundering firms at the height of the financial crisis. "We want our money back," he said. And, those banks "... would have to pay up even though many did not accept any taxpayer assistance and most that did have repaid the infusions."
Of course there is dishonesty, corruption and deceit in every industry, but we have laws and we have courts to punish those whose actions are illegal. I believe it is wrong, harmful and un-American to denounce and condemn an entire industry with out court, judge, trial or jury.
Now in Utah, ethics reform is being considered, Utah Ethics Commission Initiative,
where a 3 member panel (a lifetime appointment) would be able to anonymously point a finger of denouncement at any elected representative. http://files.meetup.com/1403508/Government%20Ethics%20Reform%20Initiative.pdf
Who is going to run for public office under this kind of pressure? The proposal is not going through normal legislative processes, but rather through ballot initiative. It will get on the ballot because someone will be at the local mall and they will ask if you are interested in ethics reform in government. Rather than read the twenty one pages of legalese, many will just sign the petition to get this on the ballot and many will vote for it with out ever reading it simply because our public servants have been denounced.
This is mob rule, this is ignorant and blood thirsty. This is not republican government. Before we denounce our entire economy and our republic into the dark ages, we need to send the ideologies of Madame Defarge to the guillotine.
Friday, December 18, 2009
Copenhagen...
"These maniacs in Copenhagen are voting on your future:
President Chavez brought the house down.
When he said the process in Copenhagen was “not democratic, it is not inclusive, but isn’t that the reality of our world, the world is really and imperial dictatorship…down with imperial dictatorships” he got a rousing round of applause.
When he said there was a “silent and terrible ghost in the room” and that ghost was called capitalism, the applause was deafening.
But then he wound up to his grand conclusion – 20 minutes after his 5 minute speaking time was supposed to have ended and after quoting everyone from Karl Marx to Jesus Christ - “our revolution seeks to help all people…socialism, the other ghost that is probably wandering around this room, that’s the way to save the planet, capitalism is the road to hell....let’s fight against capitalism and make it obey us.” He won a standing ovation."
Read More here...
Copenhagen is not about saving the planet.
President Chavez brought the house down.
When he said the process in Copenhagen was “not democratic, it is not inclusive, but isn’t that the reality of our world, the world is really and imperial dictatorship…down with imperial dictatorships” he got a rousing round of applause.
When he said there was a “silent and terrible ghost in the room” and that ghost was called capitalism, the applause was deafening.
But then he wound up to his grand conclusion – 20 minutes after his 5 minute speaking time was supposed to have ended and after quoting everyone from Karl Marx to Jesus Christ - “our revolution seeks to help all people…socialism, the other ghost that is probably wandering around this room, that’s the way to save the planet, capitalism is the road to hell....let’s fight against capitalism and make it obey us.” He won a standing ovation."
Read More here...
Copenhagen is not about saving the planet.
Monday, December 14, 2009
Frank & Dodd strike again.. Watch out!
"Under the House version, large financial companies including Goldman Sachs Group Inc. and J.P. Morgan Chase & Co. would be hit with billions of dollars in fees and would see new restrictions on their operations.
The bill would strip nearly all of the Federal Reserve's powers to write consumer-protection laws and would allow -- for the first time -- an arm of Congress to audit the Fed's monetary policy decisions, supposedly a politics-free zone. The Fed has fiercely resisted the idea.
For consumers and individual investors, the bill gives shareholders an advisory vote on executive compensation and creates a new Consumer Financial Protection Agency.
The new federal agency would write rules and examine banks for compliance with consumer protection policies on mortgages, credit cards and other products.
The bill, written in large part by House Financial Services Committee Chairman Barney Frank, aims to fill gaps in the regulatory toolkit exposed by last year's crisis. It would give the government the power to break up even healthy financial companies if regulators believe they pose a threat to the financial system. It will also direct the Federal Deposit Insurance Corp. to collect $150 billion in fees from big financial institutions to create a fund to pay for future large failures."
Read the rest here...
The bill would strip nearly all of the Federal Reserve's powers to write consumer-protection laws and would allow -- for the first time -- an arm of Congress to audit the Fed's monetary policy decisions, supposedly a politics-free zone. The Fed has fiercely resisted the idea.
For consumers and individual investors, the bill gives shareholders an advisory vote on executive compensation and creates a new Consumer Financial Protection Agency.
The new federal agency would write rules and examine banks for compliance with consumer protection policies on mortgages, credit cards and other products.
The bill, written in large part by House Financial Services Committee Chairman Barney Frank, aims to fill gaps in the regulatory toolkit exposed by last year's crisis. It would give the government the power to break up even healthy financial companies if regulators believe they pose a threat to the financial system. It will also direct the Federal Deposit Insurance Corp. to collect $150 billion in fees from big financial institutions to create a fund to pay for future large failures."
Read the rest here...
Friday, September 11, 2009
Two Articles about Wealth & Giving...
Giving in America
"Americans give a lot. In 2006 they gave about $300 billion to charity. To put that into perspective, $300 billion is more than the entire national income of Sweden. Seventy-five percent of America’s families give every year. Fifty percent volunteer their time, and Americans give in myriad other ways that are not captured in data.
The most charitable state in the United States is Utah, where people give approximately twice as much as the second leading state. I’m tempted to say that that should make Utahns proud. But I suppose that’s not the right word. However, it should make you pleased—and determined to keep it up."
Read More HERE...
"In Who Really Cares: The Surprising Truth About Compassionate Conservatism (Basic Books), Arthur C. Brooks finds that religious conservatives are far more charitable than secular liberals, and that those who support the idea that government should redistribute income are among the least likely to dig into their own wallets to help others."
Read More HERE...
"Americans give a lot. In 2006 they gave about $300 billion to charity. To put that into perspective, $300 billion is more than the entire national income of Sweden. Seventy-five percent of America’s families give every year. Fifty percent volunteer their time, and Americans give in myriad other ways that are not captured in data.
The most charitable state in the United States is Utah, where people give approximately twice as much as the second leading state. I’m tempted to say that that should make Utahns proud. But I suppose that’s not the right word. However, it should make you pleased—and determined to keep it up."
Read More HERE...
"In Who Really Cares: The Surprising Truth About Compassionate Conservatism (Basic Books), Arthur C. Brooks finds that religious conservatives are far more charitable than secular liberals, and that those who support the idea that government should redistribute income are among the least likely to dig into their own wallets to help others."
Read More HERE...
Thursday, September 10, 2009
The Collapse of the Dollar...
"The dollar's fall follows a United Nations report released Monday calling for a reduced role of the dollar as the world's primary reserve currency..." Forbes Magazine
READ THE REST OF THE FORBES ARTICLE HERE...
READ THE REST OF THE FORBES ARTICLE HERE...
Tuesday, September 8, 2009
Forrest Bird...
Received the Presidential Citizen on December 10, 2008.
If you don't know Forrest Bird's inspiring story.
This piece on 60 Minutes was beautifully done.
See it here.
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