Shirley, This'll Piss Someone Off: Consumerism = The New Spirituality

Saturday, February 25, 2012

Consumerism = The New Spirituality

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The First Real Step In Fixing Our Economy

I used to to "root cause" analysis for a living and if you do one on our economic woes, it will all lead back to our currency and credit (and therefore our economy) is in the hands of one private, investor-held bank -- The Federal Reserve Click here for a succinct explanation as to how this is possible. I can't do better.

Then....

Contact your Congressional Representative and tell them to vote yes on H.R. 833 to Abolish the Federal Reserve. It truly is the only change that can get us out of this mess we are in.

On Being Informed and Engaged

In his farewell speech Dwight Eisnehower warned: "We should take nothing for granted. Only an alert and knowledgeable citizenry can compel the proper meshing of the huge industrial and military machinery of defense with our peaceful methods and goals, so that security and liberty may prosper together." We have seen that very military/industrial complex hijack our economy as well the privately held investor bank, The Federal Reserve. Time to become informed and engaged and let your President and Representative know what you feel they should be doing.

Friedman and Reagan Had It Wrong....

Conrad Lawrence

Pissed-Off Middle Aged Guy

...according to Paul Krugman, 2008 Nobel Prize Winner for Economics. At least that's what he told Tavis Smiley on his show, Sunday. That is to say Krugman believes that that there should be a "trickle down" in a trickle down economy, unlike Reagan Friedman who had no patience for capitalists who claimed that "business is not concerned 'merely' with profit but also with promoting desirable 'social' ends; that business has a 'social conscience' and takes seriously its responsibilities for providing employment, eliminating discrimination, avoiding pollution and whatever else may be the catchwords of the contemporary crop of reformers." Look at where that "Gordon Gecko" thinking has gotten us.
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To prove his point Krugman presents the following annual rate of growth of real revenue per capita over some cycles:

1973-1979: 2.7%
1979-1990: 1.8%
1990-2000: 3.2%
2000-2007 (probable peak): approximately zero

Then he asks, "Do you see the revenue booms from the Reagan and Bush tax?" And responds, "Neither do I."

So why then do we think that the current bailout is going to work? Sure, we keep the banks from collapsing for the time being, but if the bailout doesn't trickle down to the average home owner, consumer, borrower aren't we just staving off what we have seen coming for the last eight years?

Shirley, This'll Piss Someone Off

Saturday, February 25, 2012

Consumerism = The New Spirituality

0 comments:

Capitalistic Socialism

Do think that Unions are the reason for Budget Overruns in state

The Face Of Spreading Democracy

In This Issue

HR 833 & HR 1207 End The Fed

The First Real Step In Fixing Our Economy

Then....

How The Fed Has HIjacked our Democracy

How many think that Obama is really an agent of the right kind of change for this country?

On Being Informed and Engaged

Friedman and Reagan Had It Wrong....

Conrad Lawrence

Pissed-Off Middle Aged Guy

Oh What A Tangled Web We Weave, When First We Practice to....

...conceive

Conrad Lawrence

Those what been pissed off

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