There are certain myths
which I guess, if you did a man on the street interview about you would find
the average American amazingly ignorant of.
For instance most people don’t know that the federal deficit on only
just over a third of what it was the final year of the Bush
administration. And if you asked them
about the value of the American dollar they’d say it’s going down all the time
with respect to other currencies.
Nothing, of course, could be further from the truth. The American dollar has risen steadily in
value against other international currencies.
This gives American bonds and other debt instruments- - more of a “real
yield” than they’d ever have in this country and creates a strong incentive for
other foreign powers to finance us. The
average person may remember one agency lowered our bond rating once from triple
A to double A plus or something, and panicked.
It was just weeks after this however that the value of debt instruments
in this country rose. Since more people
were buying these debt instruments, the interest rates on them was cut
further. If you are a foreign power,
once again, the increasing value of the dollar would increase the “Real” yields
on these instruments. I’ve at times
wondered about how they compute these calculations saying the average American
citizen owes over a hundred thousand or maybe it’s 65,000 on the national
debt. Is it on the taxes that you
actually owe or your “legal share” or is it just the whole National Debt sliced
and diced up into equal pieces. Believe
it or not, if this is the case the rich would really “Owe” more on that debt
than the working class would. But we as
a people are programmed to panic. We’ve
been told that debt “monetization” would either bankrupt us or send us into out
of control Wymar Republic style inflation spiral. (referring to post WW I Germany) Clearly even Glen Beck can see that this did
not happen. The average American citizen
should know that when the stock market crashed in 1929 it was not in any way
based on “debt”. Judy is obsessed with “debt”
- - other people’s debt, that is - - not her own, assuming she has any. We need to get over this debt phobia. After all public debt is really money we owe
to ourselves and represents private savings, which ironically is a good
thing. Now private debt- - debt to “the
man” be it a landlord or a banker, has no such silver lining and private debt
far exceeds public debt in this country.
I bet you didn’t know that, either.
Mitt Romney is the first guy to jump out of the clown car. We wondered in that “who will bite the bullet” conference in Utah, whether Jeb Bush or Mittens would get out of the race, and it turned out to be Mitt, and I believe it’s for the best, at least for the health of the Republican party. Of course “God told Mitt he would be President” when he was a teenager, so Mittens is giving God the slip on this one. Romney says in a phone call the reason why he withdrew is NOT because he didn’t think he could win, because he’s convinced that he could and can. He says “It’s time for one of the other nominees who is just getting started- to emerge as the Presidential nominee. Is that Scott Walker? But it’s kind of a racket with these politicians. Because nowadays being a candidate isn’t nine months of rail trips and staying at bad hotels and crapy food. No, no. How you get luxury suites in the finest hotels and raise a whole boatload of money that you get to keep even if you decide not to run. Sarah Palin knows all about this political posturing.
Now the caller is talking about “Eco-cide”, which is a new term just coined by the caller. It could well be that we should stop ALL petrol drilling. But at least let’s skip the trans-Canadian pipeline. From the point of view of the earth, it would be if someone were pummeling you with their fists one after the other and the question is, “Do you want me to slow down or do you want me to stop”? World Population was considered a major problem in 1968 and not to rain on your parade but if it was a major problem in 1968, what do you think it is now with the world's population nearly double what it was then? It's just one of those facts people don't like to think about. But some solutions present themselves. Giving women of the world more power and away from things like Sheria Law which I imagine forbids taking birth control- - would go a long way towards women themselves choosing to have fewer children. Switching from planes to trains in high population corridors is also logical. Not to go Lisa Simpson on you, but if we were to wean outselves off of meats- - we would see an amazing drop in our energy needs since we invest an awful lot of land and energy both feeding not people- - but animals for those people to eat. Taking up bike riding wouldn't be a bad idea either, and many are doing that. I do not favor ripping our your grass lawns and putting in a rock garden. Rocks conduct heat and would drive up your air conditioning bills something fierce. An increase of ergonomic archetecture would help, too- - - contouring the building for factors such as heat absorbson and choosing roofing substances and blending in with the land and not a glass "box", like a lot of our high rises are.
Mitt Romney is the first guy to jump out of the clown car. We wondered in that “who will bite the bullet” conference in Utah, whether Jeb Bush or Mittens would get out of the race, and it turned out to be Mitt, and I believe it’s for the best, at least for the health of the Republican party. Of course “God told Mitt he would be President” when he was a teenager, so Mittens is giving God the slip on this one. Romney says in a phone call the reason why he withdrew is NOT because he didn’t think he could win, because he’s convinced that he could and can. He says “It’s time for one of the other nominees who is just getting started- to emerge as the Presidential nominee. Is that Scott Walker? But it’s kind of a racket with these politicians. Because nowadays being a candidate isn’t nine months of rail trips and staying at bad hotels and crapy food. No, no. How you get luxury suites in the finest hotels and raise a whole boatload of money that you get to keep even if you decide not to run. Sarah Palin knows all about this political posturing.
Now the caller is talking about “Eco-cide”, which is a new term just coined by the caller. It could well be that we should stop ALL petrol drilling. But at least let’s skip the trans-Canadian pipeline. From the point of view of the earth, it would be if someone were pummeling you with their fists one after the other and the question is, “Do you want me to slow down or do you want me to stop”? World Population was considered a major problem in 1968 and not to rain on your parade but if it was a major problem in 1968, what do you think it is now with the world's population nearly double what it was then? It's just one of those facts people don't like to think about. But some solutions present themselves. Giving women of the world more power and away from things like Sheria Law which I imagine forbids taking birth control- - would go a long way towards women themselves choosing to have fewer children. Switching from planes to trains in high population corridors is also logical. Not to go Lisa Simpson on you, but if we were to wean outselves off of meats- - we would see an amazing drop in our energy needs since we invest an awful lot of land and energy both feeding not people- - but animals for those people to eat. Taking up bike riding wouldn't be a bad idea either, and many are doing that. I do not favor ripping our your grass lawns and putting in a rock garden. Rocks conduct heat and would drive up your air conditioning bills something fierce. An increase of ergonomic archetecture would help, too- - - contouring the building for factors such as heat absorbson and choosing roofing substances and blending in with the land and not a glass "box", like a lot of our high rises are.
Attempts
to normalize relation with Cuba have hit a major snag as of today when the
White House press secretary announced that we would NOT close Guantanamo Bay
prison as a prerequisite to normalization of relations with Cuba. I always thought it was primarily the Cubans
who were pushing for this normalization rather than the United States. Therefore the only question is ‘How badly do
the Cubans want it?” They are in
economic dire straits, and we are here to offer help, but we don’t want it to
be a case of biting the hand that’s feeding you. We of course have our Naval Base on
Guantanamo Bay, and we won’t be closing that down.
Thom Hartman wants the
facts well reviewed when it comes to Afghanistan. As you will remember after 9 – 11 Afghanistan
came to us and offered to deliver up Bin Laden to a third party state to be
tried on whatever charges we had plausible evidence for. And George Bush said, “No- - we’d rather bomb
the hell out of the whole area”.
Apparently President Bush had surpressed the spending figures (that
exceed the DNP of Afghanistan) on strengthening their military and police and
still it’s been a disaster. The American
people can’t even know how much we have spent- - down a rat hole. Meanwhile our goal in Iraq among other
things- - perhaps Thee major goal- - was to destroy – not Saddam Hussein- -
both the Bathist party government, because fifty percent of the Iraqi economy
was “socialized” meaning the government controlled half of the economy. There is no need of a fortune teller to tell
you that if half the economy is wiped out- - and all of the infrastructure- -
the country of Iraq as a whole will become a basket case. Of course we disbanded the Republican Army,
and I mean the one in the country of Iraq - - not in Iowa. Thom Hartman continues to say that the term
“Homeland” has racial implications as though it’s all in favor of a mother
land, and a mother race, and that somehow there is an “American race” all the
“good people” can identify with. It’s a
term that came out of Zionism, that strangely was picked up by the German
people. I think we need to make a new
movie on the whole life of George Bush- - and it should run four or five hours
with a break. Even at that squeezing all
the truly damning stuff about George W Bush will be a real challenge. What’s Michael Moore been doing these days,
anyhow?
Ralph Reid, long term
Christian evangelist- - warns Republicans that they shouldn’t be so dominated
by the wishes of the Koch Brothers as to lose sight of the social and cultural
issues such as abortion and keeping marriages heterosexual. In this he and I are in agreement. But then again anything from my point of
view, that instills fear and trepidation among the Republican ranks, I am all
for. I would run as a social
conservative if I were president on matters of conscience alone. I would be for freedom of expression of
religion – ALL religion, and I would work against these assisted suicide laws-
- and seek to get the federal courts completely OUT of the gay marriage
question and leave that decision entirely in the hands of the states, and ditto
for the abortion issue. The people have
expressed their voice rather emphatically in that they are against the
widespread polliferation of gay marriages.
But apparently the Koch Brothers don’t really care about these “Larry
Elder” type issues- - in other words, what used to be moral issues.
Right now it’s a trip down memory lane with
Democracy Now and the Black Panther Party.
Of course initially and perhaps for much of its carrier, it was an anti
police brutality and abuse party.
Members of the Black Panther party would take advantage of California’s
open gun carry laws back then to point guns at the police while they were
arresting a subject, to insure that there was no misbehavior on the part of the
cops. The leader of the Chicago Black
Panthers was shot in his bed while he slept in late 1969, and of course J Edger
Hoover wanted to wipe the party out.
This has never been a secret. I
personally remember that issue with the free Mississippi delegation at the
democratic convention and how Johnson – and probably Dick Daily - - maneuvered
for the all white deligation to get sole power and many SNCC members were
disillusioned. Apparently it was right
after this that Stokley Carmichal did the “Black Power” salute for the first
time.
Based on astrological considerations, I have deemed it ill advised to say anything about either the Super Bowl or some of the other items I had it in mind to talk about today. This computer is in precarious shape and it takes it forever to "warm up" and get up to speed. My family situation is a big unknown these days and I won't speculate here. Hopefully all of my dental work is behind me. We had a residents council meeting around here today, and some of the things discussed, I'm puzzled as to just what the problem is.