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OCCUPY THE REVOLUTION!!!

Posted by jeremiasx on May 9, 2012

It’s been a long time since we’ve last had a nice chat and visit, hasn’t it? Let’s talk about what we know so far. The worldwide economy is in the shitter, fascism is on the rise both home and abroad, and it’s 2012 and I STILL don’t have my flying car. Lying ass cartoons. I know it’s not an original joke but it does pretty well sum up the feeling I have when I see the myriad ways the world has not lived up to my expectations. Mankind was capable of anything, but his largest accomplishments to date are organized religions and sex droids. I’m not impressed.

For the last few years I’ve been moving quietly through both the ether and the physical realm. I kick up a little dust here and there but not enough to get imprisoned in a FEMA camp or killed by an unmanned drone..at least not yet.  I’ve been touring the Occupy sites around the country since the inception of the movement and I have some good news to report.

The Occupy movement has made several major accomplishments. It is waking people up worldwide, and the slumbering and apathetic masses have FINALLY begun to rise. As I’ve said for years, most people usually really only care about something when it affects them personally. My disdain for peoples’ willful ignorance aside, I’m quite proud of everyone who has taken to the streets or stormed the Internet in a show of solidarity for freedom and truth. Millions of people around the world are uniting to do what people were meant to do. People were never meant to be slaves. They were given choice from the beginning and from time to time they let some fat cats get the best of them but historically they can break free if they are willing to make some sacrifices.

Speaking of sacrifices, I’m living out of a medium-size ALICE pack and hitchhike around the country to different occupation sites to learn what I can from my compatriots and to spread whatever knowledge I can to help. I sleep outdoors usually but this American Spring has brought a more favorable climate for all our operations. I survive currently through the combined efforts of many, not just myself. We are all part of what it takes to make this happen. Occupy isn’t a paying job, and it must never become one. We have no leaders, we have no followers.

Every person is a sovereign individual free to make any choice they like. We largely prefer nonviolence in agreement with the mission statement of #OWS but understand that not everyone is able to maintain a stoic attitude in the face of direct oppression, brutality, and tyranny. That’s what we have seen across the movement. THE PEOPLE of Occupy are a class-act and have demonstrated time and time again, despite provocations and abuse, that we will not be pushed into ANY manner of action that hasn’t been reached by consensus.

Don’t get me wrong. I firmly believe there WILL BE a violent revolution in this country if things continue the way they are going, and I often wonder if that’s what the authorities really want. I would hate to see the nation I love ripped apart by bloody conflict, but I’d hate to see an oppressive fascist regime come to full fruition even worse. At some point we’ll have to make a choice. It won’t be long. JFK once said, “Those who make peaceful resistance impossible make violent revolution inevitable.” He was right on that one, at least.

A few important observations:

1. I would prefer a peaceful, political revolution to an armed conflict.

2. Armed revolution is ugly, bloody, and has numerous unknown outcomes including but not limited to: more tyranny and fascism (now “justified” in response), a government that is somehow worse, or even a foreign power taking control of our country if it were to be weakened too much by infighting.

3. Sometimes there is no other option left other than to fight. It’s difficult to reason with mass murderers, don’t ya think??

You’ll never have to second-guess what side I’m on. I love my country. I love our people and the freedoms we USED TO HAVE. Voting won’t get them back once they are lost. We must do more. Time is running out fast. Godspeed, and good night America.

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Posted in Activism, Arkansas, Censorship, CIA, Civil Rights, Conspiracy, Democracy, Dissent, Economy, Education, Federal Reserve, Freemasons, Human Rights, Journalism, Justice, Law, Law Enforcement, Liberty, Life, Media, Military, Money, News, NYC, Opinion, Patriotism, Peace, Politics, Prophecy, Protest, Random, Republicans, Resistance, Revolution, Society, Stock Market, Technology, Terrorism, Tyranny, Uncategorized, Wall Street, War, War on Terror | Tagged: , , , , , , , , , , , , , | Leave a Comment »

Supreme Hypocrisy On The Steps Of The SCOTUS

Posted by jeremiasx on June 27, 2008

Let me preface this by saying I’m REALLY GLAD the 2nd amendment was preserved…HOWEVER…

Lo and behold!!! Is it yet ANOTHER case of selective law enforcement by DC Park Police and Metro Cops…hmm? I think so.

WIthin the last month these people were arrested for protesting on the steps of the Supreme Court…observe here…

MEANWHILE just yesterday THESE protesters were NOT arrested so far as I know…just pointing out the hypocrisy. Are the park police a bunch of scared sissies afraid to arrest pro-gun bubbas but if the folks are already assuming the position in orange jumpsuits they’re gung ho and ready to fill the paddy wagon?

I don’t think EITHER SETS OF PROTESTERS should be arrested. Free speech and power to the people, and especially right up to the steps of the Supreme Court, screw your free-speech zones…AND FINALLY… the DC park police and metro cops need to understand that WE THE PEOPLE see their selective enforcement as politically motivated and despicably biased. Why don’t you guys start acting with a bit of evenhandedness and integrity? It’d be a nice change.

Posted in Activism, America, Arkansas, Censorship, Civil Rights, Conspiracy, Democracy, Democrats, Dissent, Freedom, Freemasons, George Bush, GOP, Human Rights, Journalism, Justice, Law, Law Enforcement, Liberty, Life, Masons, News, Newton County, Opinion, Patriotism, Peace, Politics, Protest, Republicans, Resistance, Revolution, Society, Terrorism, Tyranny, Uncategorized, War, War on Terror | 1 Comment »

US General Says Bush Administration Guilty Of War Crimes

Posted by jeremiasx on June 19, 2008

The time has long passed for this nation to throw off these lawless criminals who have (at the least) violated human rights wantonly and brazenly in the face of nearly UNIVERSAL condemnation. It’s time for Americans to stand up for justice. These sons of bitches must be held accountable.

McClatchy Has The Scoop

WASHINGTON — The Army general who led the investigation into prisoner abuse at Iraq’s Abu Ghraib prison accused the Bush administration Wednesday of committing “war crimes” and called for those responsible to be held to account.

The remarks by Maj. Gen. Antonio Taguba, who’s now retired, came in a new report that found that U.S. personnel tortured and abused detainees in Iraq, Afghanistan and Guantanamo Bay, Cuba, using beatings, electrical shocks, sexual humiliation and other cruel practices.

“After years of disclosures by government investigations, media accounts and reports from human rights organizations, there is no longer any doubt as to whether the current administration has committed war crimes,” Taguba wrote. “The only question that remains to be answered is whether those who ordered the use of torture will be held to account.”

Posted in Al Qaeda, America, Arkansas, Cheney, CIA, Civil Rights, Conspiracy, Democracy, Democrats, Dissent, Freedom, Freemasons, George Bush, GOP, Human Rights, Impeachment, Iraq, Journalism, Justice, Law, Law Enforcement, Liberty, Life, Masons, Media, Medicine, Military, News, Newton County, Opinion, Patriotism, Peace, Politics, Protest, Random, Religion, Republicans, Resistance, Revolution, Ron Paul, Society, Terrorism, Tyranny, Uncategorized, US Attorneys, War, War on Terror, WTC | 2 Comments »

Cheney Sinks To Killing Hookers? WTF?

Posted by jeremiasx on May 4, 2008

LOL…this is really funny stuff…believable or NOT you gotta hear it from the Alex Jones radio show (NO, I do not listen to Alex Jones OR ANY OTHER radio personality regularly)…what caught my interest is the audio is supposedly the DC Madame saying she had no plans of hanging herself in a recent interview. All that aside, the more important question I’m asking myself…why would I even doubt that a guy who is guilty of war crimes and crimes against humanity would end up facing allegations over a dead hooker? Well…DICK…you are teh suck. That’s why.

One final note…in the pantheon of conspiracy theories of late this one is certainly the most amusing and plausible…it’s not hard to fake a suicide, just ask Hillary. Enjoy the vid.

Posted in 9/11, Activism, America, Arkansas, Censorship, Cheney, Comedy, Conspiracy, Conspiracy Theories, Dissent, Funny, George Bush, GOP, Impeachment, Journalism, Justice, Liberty, Life, Media, Money, News, NSA Wiretapping Scandal, Opinion, Patriotism, Peace, Politics, Protest, Psychology, Religion, Republicans, Resistance, Revolution, Ron Paul, Sex, Society, Uncategorized, Unexplained, War, War on Terror, Weird | 1 Comment »

Nothing But Outrage Left

Posted by jeremiasx on March 18, 2008

Fellow Citizens,

Halfway through the current political season I see that we have been given two choices…bad or worse. When will we wake up and take back our country? How much lawlessness, brutality, and creeping fascism are we able to stand? Something must be done.  Ralph Nader weighs in on the situation:

Country of Laws

The Governor of New York, Eliot Spitzer, has resigned for being a longtime customer of a high-priced prostitution ring.

The President of the United States, George W. Bush, remains, disgracing his office for longtime repeated violations of the Constitution, federal laws and international treaties to which the U.S. is a solemn signatory. In his forthright resignation statement, Eliot Spitzer—the prominent corporate crime buster—asserted that “Over the course of my public life, I have insisted, I believe correctly, that people, regardless of their position or power, take responsibility for their conduct. I can and will ask no less of myself.”

In a recent speech to a partisan Republican fund-raising audience, George W. Bush fictionalized his Iraq war exploits and other related actions, and said that next January he will leave office “with his head held high.”

Eliot Spitzer violated certain laws regarding prostitution and transferring of money through banks—though the latter was disputed by some legal experts—and for such moral turpitude emotionally harmed himself, his family and his friends.

George W. Bush violated federal laws against torture, against spying on Americans without judicial approval, against due process of law and habeas corpus in arresting Americans without charges, imprisoning them and limited their access to attorneys. He committed a massive war of aggression, under false preteneses, violating again and again treaties such as the Geneva Conventions, the UN Charter, federal statutes and the Constitution.

This war and its associated actions have cost the lives of one million Iraqis, over 4000 Americans, caused hundreds of thousands of serious injuries and diseases related to the destruction of Iraq’s public health facilities. As the popular button puts it, “He Lied, They Died”.

From the moment the news emerged about Spitzer’s sexual frolics the calls came for his immediate resignation. They came from the pundits and editorialists; they came from Republicans and they started coming from his fellow Democrats in the Assembly.

Speaker Sheldon Silver told Spitzer that many Democrats in the Assembly would abandon him in any impeachment vote.

George W. Bush is a recidivist war criminal and chronic violator of so many laws that the Center for Constitutional Rights has clustered them into five major impeachable “High Crimes and Misdemeanors” (under Article II, section .4)

Scores of leaders of the bar, including Michael Greco, former president of the American Bar Association, and legal scholars and former Congressional lawmakers have decried his laceration of the rule of law and his frequent declarations that signify that he believes he is above the law.
Many retired high military officers, diplomats and security officials have openly opposed his costly militaristic disasters.

Only Cong. Dennis Kucinich (Dem. Ohio) has publicly called for his impeachment.

No other member of Congress has moved toward his impeachment. To the contrary, Speaker Nancy Pelosi (Dem. Calif.), Rep. Steny Hoyer (Dem. MD) and House Judiciary Committee Chairman, John Conyers (dem. Mich.) publicly took “impeachment off the table” in 2006.

When Senator Russ Feingold (Dem. Wisc.) introduced a Resolution to merely censure George W. Bush for his clear, repeated violations of the Foreign Intelligence Surveillance Act—a felony—his fellow Democrats looked the other way and ignored him.

Eliot Spitzer came under the rule of law and paid the price with his governorship and perhaps may face criminal charges.

George W. Bush is effectively immune from federal criminal and civil laws because no American has standing to sue him and the Attorney General, who does, is his handpicked cabinet member.

Moreover, the courts have consistently refused to take cases involving the conduct of foreign and military policy by the president and the Vice President regardless of the seriousness of the violation. The courts pronounce such disputes as “political” and say they have to be worked out by the Congress—ie. mainly the impeachment authority.

Meanwhile, the American people have no authority to challenge these governmental crimes, which are committed in their name, and are rendered defenseless except for elections, which the two Party duopoly has rigged, commercialized, and trivialized. Even in this electoral arena, a collective vote of ouster of the incumbents does not bring public officials to justice, just to another position usually in the high paying corporate world.

So, on January 21, 2009, George W. Bush and Dick Cheney will be fugitives from justice without any Sheriffs, prosecutors or courts willing to uphold the rule of law.

What are the lessons from the differential treatment of a public official who consorts with prostitutes, without affecting his public policies, and a President who behaves like King George III did in 1776 and commits the exact kinds of multiple violations that Thomas Jefferson, James Madison, and other founders of our Republic envisioned for invoking the impeachment provision of their carefully crafted checks and balances in the Constitution?

Well let’s see.
First, Bush and Cheney are advised not to travel to Brattleboro or Marlboro Vermont, two New England towns whose voters, in their frustrated outrage, passed non-binding articles instructing town officials to arrest them inside their jurisdictions.

Second, George W. Bush better not go to some men’s room at an airport and tap the shoe of the fellow in the next stall. While one lame-duck Senator barely survived that charge, for the President it would mean a massive public demand for his resignation.

We certainly can do better as a country of laws, not men.

Posted in 9/11, 9/11 Truth, Activism, Al Qaeda, America, Arkansas, Civil Rights, Democracy, Democrats, Dissent, Freedom, Freemasons, George Bush, GOP, Hillary Clinton, Justice, Law, Law Enforcement, Liberty, Life, Masons, News, Newton County, NSA Wiretapping Scandal, Opinion, Politics, Protest, REAL ID, Republicans, Resistance, Revelations, Revolution, Society, Tyranny, War | 1 Comment »

What A Homeless College Kid Doesn’t Know About Homelessness

Posted by jeremiasx on February 18, 2008

Adam,

I recently read the article on your experiences “living on the street” in Charleston…and that you were able to (in the end, after some apparent difficulty) obtain a truck (no make or model specified, no mention of sales tax, registration, reinstating of insurance, you know…all the little things you have to pay to have the privilege to drive, and your background applies here, I’ll explain later concerning credit.) You launched yourself into an apartment, got a job…good for you. It’s still not a realistic scenario for most homeless people…and I’ll tell you WHY.

It really rattled me when I read your story zooming up the charts on Digg, and there are a lot of things I’d like to point out, and one of the main points is this…I don’t believe your situation does not represent the situation of the average “homeless person” in the country. It’s not even CLOSE for several reasons. I know you probably don’t make that claim on SOME levels, but the results of your study are skewed by your personal circumstances.

I believe it harms the cause of advocating for services for the homeless in general., which are WOEFULLY inadequate in most areas of the country, especially in the face of a looming (now ongoing) economic crisis…this is a topic we will see revisited before all is said and done, I assure you.

Here’s something to consider…your study begins with you leaving college and (I’m going to assume) basically being debt-free and without a negative credit history…and that matters. I don’t care that you kept your credit card and your degree in your pocket. Many DECENT jobs in this country are awarded or NOT awarded to people based on their credit history. I’m going to take a wild leap (without even doing an investigation on statistics) and say most homeless people have SHIT for credit. Guess what that means? Insurance rates for automobiles are affected, and sometimes insurance medical insurance is denied outright by the companies with the big names and reasonable premiums.

As the majority of homeless people lack medical coverage they rely heavily on ER visits that end up on the credit bureau and most of them are lucky to be over a 400 FICO if you count all the damage that happened when they “dropped out” of polite society. ER visits also don’t do much for the chronic conditions that many homeless are usually afflicted with..everything from alcoholism and related maladies to AIDS and chronic diabetes. Many are so far gone in their mental condition that there’s a better chance of their feet rotting off than a good ole preventive checkup a few years hence might have spared them, but I digress..

Your study is also fails to acknowledge the time and transportations constraints the real homeless face daily. Alcohol and addiction recovery, antisocial or borderline personality issues, along with the numerous other physical disorders…all those appointments and programs take TIME away from homeless people that isn’t spent directing them towards a life of self-sufficiency, so their ability to launch from a homeless shelter, as you probably already KNOW from your experience there, would not be like yours or mine. There are MANY things that the DESCENT into homelessness does to a person…on an emotional, physical, fiscal, and mental level…none of this happened in your case.

In your case you entered into the situation VOLUNTARILY. How many homeless people made a singular CHOICE (and I don’t mean choices in general) but a singular CHOICE to be homeless? You made that choice, Adam. That changes everything. I spent some time on the street checking things out myself…but I didn’t go to a nice southern city with a good bus system and plenty of transitional living centers just to the immediate southwest of the city and I didn’t stay in shelters for the most part. But anyhow, that’s my story, not yours…lol…I digress. I also looked at it up close and personal, and by singular choice. I guess I’m just not quite as optimistic about the situation the homeless face, Adam. Hell most cities don’t even have decent shelters and what shelters they have are full and/or unfit to stay in. Many times I chose to sleep outside instead just to avoid the diseases and desperation. I was literally turned away in Youngstown, Ohio at an SA (Salvation Army) because I didn’t want to commit to a monthlong drug and alcohol treatment program, and all I wanted was to get out of the cold for a night or two. Anyhow, experiences on the street can be pretty different for most people and I’m sure yours gave you some unique insights.

However, as to your “success” story from rags to riches in 70 days… no big deal. You started out with nothing to lose in the first place, the pressure wasn’t on, and you didn’t have to provide for your own way. It’s not hard to sit in the shelter and save $300 a week (at LEAST that, working for any moving company) to boost yourself into self-sufficiency in 70 days when you have no outside issues (from a broken life) to deal with, Adam. With even $200 a week saved income a person can be back in the saddle in a few months time. It’s not hard to labor for a minimum wage paycheck when you pay no rent or utilities or insurance or food (and in most shelters all those things are fortunately gratis) …and it’s not hard when you’re only doing it for YOURSELF (and not a spouse or children.)

Adam…I think your story sucks. It was a good idea, but you didn’t “go there” bro. Not even close. Also, it doesn’t help when people perpetuate false claims of equal opportunity and access in this country in general. Again…what a nice STORY.

-Jeremias X

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Posted in Activism, America, Democracy, Democrats, Dissent, Economy, Education, Finance, Freedom, GOP, Homeless, Human Rights, Journalism, Justice, Law, Law Enforcement, Liberty, Life, Media, Medicine, Money, Opinion, Outdoors, Peace, Politics, Poverty, Psychology, Rainbow Family, Random, Religion, Republicans, Society, Uncategorized, Weird | 4 Comments »

Bush’s Report Card…Looks Like Straight F’s

Posted by jeremiasx on January 29, 2008

From ThinkProgress.org 🙂

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Posted in 9/11, 9/11 Truth, Activism, Arkansas, Cheney, Comedy, Conspiracy, Democracy, Dissent, Economy, Education, Energy, Environment, Finance, Freedom, Freemasons, George Bush, GOP, Impeachment, Justice, Law, Liberty, Life, Masons, Military, Money, News, Newton County, Opinion, Politics, Poverty, Protest, Random, Republicans, Resistance, Revelations, Revolution, Ron Paul, Society, Uncategorized | 2 Comments »

How Bushenomics Raped Our Nation

Posted by jeremiasx on January 21, 2008

REPOSTED ENTIRELY FROM ALTERNET

Originally Titled “The Fraud Of Bushenomics: They’re Looting The Country!”

by Larry Beinhart

The New York Times made it official. The Economy is a problem!

So, now, at last we can discuss it.

Not just discuss it, in rapid order “recession” became the word of the day, from White House, Congress, the Fed and the media.

It’s blamed, mostly, on the subprime crisis.

But that’s not the problem. It’s a symptom. It is the logical, and probably one of the necessary results, of Bushenomics.

Along with low, or no, job growth. Little or no business growth. Depressed wages. And the crashing dollar. (The president has a different vision of the economy. In his vision it’s booming! And the number of jobs is growing! Though there is this little blip.)

The idea under which Bushenomics was sold is this:

  • The rich are the investor class.
  • If the rich have more money, they will invest more.
  • Their investments will create more business.
  • Those businesses will create more wealth, thus improving everyone’s lives and making the nation stronger. They will also create new and better jobs.

Whether or not the people who say such things truly believe them, I cannot say. But that’s their pitch, and the media certainly seems to buy it, as do most of the establishment economists.

A more realistic — and less idealistic — view of Bushenomics is that the Bush administration and its cronies came at the economy with the attitude of oilmen.

  • They inherited a vastly wealth country.
  • They looked at it like the oil under the Alaskan wilderness. They craved to pump it out, turn it into cash and grab as much of that cash as possible.

Wherever possible, they literally sold off the assets. This was called privatization. Our biggest asset — in terms of size — is, of course, our defense establishment. With privatization, one dollar out of every three for direct military operations in Iraq and Afghanistan goes to private contractors like Halliburton and Blackwater. So when someone says, “Support the troops!” with budget appropriations, they should really yell, “Two-thirds support to the troops! One third support to Halliburton, et al.!”

This is just an estimate. The degree of privatization is unknown. Presumably, that’s deliberate. Nor does it count the amount of money the military spends with private purveyors to supply the troops and their operations. It is only the amount that goes directly to private contractors.

But for the most part, the assets of the United States, our collective wealth, could not be sold off in such a direct manner.

In order to turn them into cash, what the administration did was borrow against them.

That is, they cut taxes while continuing to spend lavishly, creating debt.

The debt is owed by all of us, the collective people of the United States.

The tax cuts hugely favored rich people. They also favored unearned income (dividends, capital gains, inherited money) as opposed to the kind of money people have to work for. The very richest got richer.

The spending was — to the degree possible — directed to themselves, their friends and their supporters: Big Pharma, the medical industry, insurance, banking and financial, among others. And, of course, Big Oil, from whom they have spent close to a trillion dollars of our money to conquer a big oil field for private exploitation.

Now let’s take a look at some numbers.

The numbers will tell us if their idealistic tale about unleashing the capitalists to create a better world for us all is correct. Or if it’s a fairy story that masks uncaring greed.

The big number is that the economy has grown.

As measured by the GDP it has. From 2001 to 2007 it went up by 35 percent.

GDP stands for Gross Domestic Product. It could more accurately be called Gross Domestic Transactions, because it is the sum of all the financial transactions in the country.

Now let us look at job creation.

In the first six years of the Clinton administration, 13.7 million jobs were created. In the same period, under Bush, only 3.7 million jobs were created. Barely keeping up with population growth, if that. (Source: Fox News)

Now let us look at median income. That’s as opposed to average income (If Bill Gates walks into a bar with 10 people, the average income of everyone in the room goes up by $17,5000,000. But the median income just moves up half a notch, from between the fifth and sixth person, to the sixth person’s income). From 2001 to 2005, median income, for people under 65, went down $2,000.

That’s worth restating. From 2001 to 2005, the income of the average working person declined by $2,000.

Now, let’s look at the value of America’s businesses.

A good rough measure of the market value of America’s best businesses is the stock market. Under Clinton, the Dow Jones went up 324 percent. Wall-to-wall, after the dot.com bubble burst, it more than tripled in value.

Bush arrived in 2001. Since then the Dow Jones is up just 10 percent. Adjusted for inflation, that’s absolutely flat. (It was briefly up 23 percent. It is now below the 10 percent mark, and tumbling down as this is written). Just pain, no gain.

If jobs have not increased, salaries have gone down, and the value of business has not risen, where is that 35 percent growth in the economy?

There is a number called the M3 money supply.

The M1 is basically cash, plus checking and “current” accounts. The M2 adds savings accounts, money market accounts and CDs up to $100,000. The M3 adds in the big CDs, Eurodollar accounts and other large exotics.

Already rising very fast, the M3 took off like a rocket after 2001. The Fed stopped publishing the M3 in 2006 (conspiracy theorists, please note.) But a quick look at the chart of its growth, and assuming its trajectory continued, clearly shows that the M3 grew by something in the range of 35 percent.

The entire growth of the economy under Bushenomics is accounted for by growth in the money supply.

The administration did not directly inflate the economy by 35 percent.

They pumped it by the size of the deficit. The rest happened this way.

When a government is “printing money” (running big deficits), the big fear is inflation.

Particularly in the financial community. Bankers make their money on interest, and inflation eats their profits, point for point.

The administration, very proudly, grew the economy (or at least the amount of money in circulation), without inflation. Which actually is a pretty good trick.

In part, they were able to do so precisely because the policy was a failure.

If it had created business growth — actual business, not just financial business — that would have created jobs. Then there would have been inflationary pressure. Especially if they were good, high paying jobs. If salaries for ordinary people go up, even a little, the total is a big sum because there are so many of us.

But due to free trade, outsourcing, bad economic policy, policies aimed at keeping wages down, and relentless union busting, good jobs were lost, to be replaced with low-wage jobs, when they were replaced at all. The proof is in that median income figure (down $2,000 per worker).

Due to free trade and outsourcing, consumer goods mostly went down too. The exception being in favored industries like pharmaceuticals, insurance and oil.

Finally, and this the key to the next step in the process, the Fed kept interest rates down.

Low interest rates mean that it’s cheap to borrow.

The administration largely believes in supply-side economics (otherwise known as “trickle down,” or “piss on the people.”); if you increase the supply of something, consumers will appear to buy it.

The actual results are a perverse triumph of the idea.

The supply of money was increased. The price of money was kept artificially low.

Think of borrowing as buying money. It is.

People (and businesses and corporations) did rush forward to buy it. Once they had it, what was there to do with it? There was no new trend, no dot.coms, no high techs, no bio techs, no nothing.

So they went out and sold money. That is, they made loans.

There are two big retail loan areas, credit cards and housing loans. Both were pushed very aggressively. With cheap, cheap money available to finance home buying, that market heated up. At the same time, commercial interests started aggressively buying up loans, packaging them together, and reselling them as financial instruments. That created more desire to make more loans (sell money). Financial institutions bought more money (borrowed), in order to sell it at a profit (make loans). Since the loans were quickly resold — and profit taken off the top — the quality of the loans didn’t matter to the people who made them. The housing market — or rather the loans that fueled it — grew into a bubble.

The subprime crisis, the housing bubble, whatever you want to call it, is not the problem.

It’s a symptom of pumping in money with no place to go.

Other symptoms are no job growth, no business growth, no stock market growth, falling median incomes, disappearing pensions and health plans, and the fall of the dollar.

When Bush came into office, a Euro cost 95 cents. Now it costs a $1.50. The Canadian dollar (the Loony) was 70 cents. Now it costs a dollar. Most mainstream economists and pundits will opine that a low dollar is good for American industry, because it will help us sell our goods. That’s only true if we’re producing things that no one else is — or producing them better or cheaper — and we’re not.

Also, many foreign exchange rates are being kept artificially low against the dollar. Some, like many of the oil countries, are pegged to the dollar. They’re making up for it by raising the price of oil (currently traded in dollars). Others, like the Asian manufacturing countries, are keeping their currency down to retain their edge in selling here, thereby canceling whatever advantage we’re supposed to get from declining currency.

One way to think of what the administration has done, is as a leveraged buyout. That’s when someone buys a company, using the company itself as the collateral for the loan used to purchase it, usually at very high interest, then pays off the interest by cutting the work force and salaries, selling outsets and even breaking up the company.

It’s good for the guy who makes the deal, skims the cream off the top and gets rich. (The company that Mitt Romney got rich working for specialized in doing that.) It’s good for the lenders, who get a good return (if the buyer is able to squeeze enough money out of his purchase), but it’s bad for the work force, bad for the company, and, if no one comes along to replace it, bad for the business as a whole.

We’ve experienced a leveraged buyout of the national economy.

Our politicians, the media and economists are just now waking up to the fact that the economy is in trouble.

The current numbers make it clear that we are probably in, or probably headed for, a recession.

Also, the polls show that people are concerned about the economy, and it’s an election year. The people are out ahead of our governing and media and professional economic classes on this, because they live in the real economy, the one that’s been leveraged, and the professionals are either in, or work for, the investor class that has been doing well.

So there is, at last, talk about doing something about the economy.

The Feds will cut interest rates!

George Bush wants a stimulus package. Tax cuts, tax cuts and make my tax cuts permanent! After all, that policy has worked so well. He said the cuts must be at least 1 percent of the GDP. That will be $145 billion.

Harry Reid and Nancy Policy (the King and Queen of Effective Politics) will offer a competing one (tax cuts, tax cuts!). Although they promised pay-as-you-go economic policies from a Democratic legislature.

Pundits in the media talk about a crisis in consumer confidence. And how the fix is to restore it. So we will go out and buy. Presumably on credit.

How about consumers think there’s a problem because there is one. Not because they’re weird emotionally. They reasonably see themselves so overextended, with so little hope of being better earners, that they won’t be able to pay things off. Not even with a one-time government check of somewhere between $300 and $1,200.

In short, most of those solutions will go to making things worse.

The real solutions are pretty obvious and pretty simple.

First, we have to make a choice: Do we want a sound economy for all of us and a strong America? Or do we want to have a few people of unlimited wealth who use that wealth, among other things, to control the government so that it helps them milk more money from the rest of us?

By the way, this is not a call for socialism! Or other ism! Except a call for sensible and effective capitalism. Based on what we’ve seen work and seen fail.

In the real world, there are no such things as free markets.

In the real world, business people manipulate and conspire to control markets, and governments both control and collude with business, while tax policies and government spending have a major affect on the economy.

Let us accept that, and then the argument is only over how best to do it.

Simply giving money to rich people doesn’t work.

Bob Novak, the conservative commentator who calls the investor class “the most creative class,” is flat out wrong. As we’ve seen, outside of their ability to buy influence in politics, the media and the law, the rich are like the rest of us, relatively passive and unimaginative, prone to putting their money in the easiest place that promises a return, in whatever bubble is in fashion at the moment and wherever some salesman who gets their attention tells them.

Money has no mind of its own. It has to be directed toward areas that will generate and support business and good jobs at good wages. As it happens, our economic goals are on the same road as the social good.

The No. 1 target has to be alternative energy.

Energy that can be produced here, in the United States, renewable, nonpolluting, and not, like corn-based ethanol, requiring as much petroleum to produce it as it replaces. One-third of our balance of trade deficit is oil, year in and year out. If the United States can become the world leader in alternative energy and conservation technology, we will, at last, have something to export.

The No. 2 target is infrastructure.

By it’s nature, infrastructure has to be largely produced here with local labor and it stays here.

Hard infrastructure, like roads and bridges, cleaning up New Orleans and the Gulf Coast, protecting our coasts from future storms, internet and phone service as good as Europe’s, Japan’s and Singapore’s.

Soft infrastructure, like education, youth services, parks and recreation programs, public safety, and a saner criminal justice system. The United States has 5 percent of the world’s population and 25 percent of the incarcerated population. That’s expensive. And wasteful. Unsafe streets and high crime are expensive and wasteful.

Infrastructure makes doing business easier, quicker and cheaper. It becomes an invisible subsidy for all businesses. Try to imagine, for example, Fed Ex, that entrepreneurial triumph, without a national web of airports, flight controllers and roads.

The No. 3 target is health care.

Health care in the United States costs at least 50 percent more than the next-highest spending country and double what it does in most other modernized countries. All of them have better health than we do. They live longer and in better condition.

The difference is that they have national health plans. Mostly single-payer, usually tax-supported. Our plans are based on a hodge-podge of a thousand private insurers.

A single-payer national health plan should cut the costs of our health care by at least 25 percent, possibly 50 percent. That’s an astonishing number. That money could go to more productive things. Or to even more health care.

American businesses who supply health care to their employees claim they are noncompetitive with companies from countries that have national health. This will make them more competitive. This will make American labor more competitive.

The No. 4 four target is a balanced budget.

There are, in fact, times for deficit spending. Just as there are times in our personal lives to borrow and times for business to borrow.

This is probably not one of them.

There is an ocean of money sloshing all around the world, looking for a home. If there are real business opportunities in America (like taking the lead in alternative energy, bio tech, and whatever is next around the corner), it will come.

Especially if there is a sound business environment and dollar investments return to being the most reliable in the world. That means paying down our debt.

How can all this be done?

Raising taxes…on the wealthy. And on corporations. That’s not class warfare. That’s simple practicality.

After your first $20,000, how much of the next 20 do you need, to live, thrive and survive? Damn near all of it. After your first 20 million, now much of the next 20 million do you need? Not a nickel.

The rich will whine, writhe and scream that they won’t do business, they’ll be driven out of business, that business will collapse. Bullshit. If they dislike keeping 20 or 30 or 40 cents of each dollar of profit so much that they won’t take the dollar, someone will come along who gladly will. That’s how markets work.

All of this is pretty straightforward and common sense.

The illogic of Bushenomics is obvious. The results were foreseeable. After all, similar effects took place under Reagan and Bush the Elder, until they reversed courses.

The alternatives are equally obvious. The facts bear out the theory. Go back to Hoover and Roosevelt, then look at the down, up, down, of Bush the Elder, Bill Clinton, and Bush the Lesser. (We do note that there are minor industries dedicated to proving that Franklin Roosevelt was, in the words of CNN’s Glenn Beck, “an evil son of a bitch,” that the New Deal really, really, really didn’t work, and that Bush the Elder was really, really, really responsible for the boom of the Clinton years and that Clinton was responsible for the first recession during the reign of Bush the Lesser. But they are like people who see the image of the Virgin Mary in bread sticks and crullers.)

None of our politicians, pundits or economists are addressing the fundamentals.

The last time we switched from the nonsense of worshiping unmitigated greed, disguised as free marketeering, it took a market crash and the Great Depression to move us out of our public relations-manufactured delusions and make us understand that when we all do well the rich get richer too, so let’s start with the common good.

Based on the dialogue as it stands now, we will go with tinkering and twaddle, doing more of what doesn’t work. And only if the whole things collapses will we address the real problems.

Larry Beinhart is the author of “Wag the Dog,” “The Librarian,” and “Fog Facts: Searching for Truth in the Land of Spin.” All available at nationbooks.org.

Posted in Activism, America, Arkansas, Censorship, Cheney, Civil Rights, Conspiracy, Democrats, Dissent, Economy, Education, Federal Reserve, Finance, Freedom, Freemasons, George Bush, GOP, Impeachment, Investing, Journalism, Law, Law Enforcement, Liberty, Life, Media, Money, News, Newton County, Opinion, Patriotism, Politics, Poverty, Prophecy, Protest, Religion, Republicans, Resistance, Revelations, Revolution, Ron Paul, Society, Stock Market, Tyranny, Uncategorized, Wall Street, WTC | 4 Comments »

GAO Comptroller David Walker Warns Of Financial Crisis

Posted by jeremiasx on January 12, 2008

This guy has been running through the streets ringing alarm bells for YEARS now…not that Bush would have anyone know that or dwell too much on it in the past.  

Via BlackListedNews

Posted in Activism, America, Bizarre, Censorship, Conspiracy, Democracy, Democrats, Dissent, Economy, Education, Federal Reserve, Finance, Freedom, Freemasons, George Bush, GOP, Hillary Clinton, Impeachment, Investing, Journalism, Life, Media, Money, News, Opinion, Politics, Poverty, Prophecy, Random, Republicans, Resistance, Revelations, Revolution, Ron Paul, Society, Stock Market, Uncategorized, Wall Street | 1 Comment »

Faux News W/Frank Luntz FRAUD EXPOSED (Video)

Posted by jeremiasx on January 7, 2008

I found this over on Digg posted by “VoteRonPaul” a bit ago…they (FOX NEWS) are SO BUSTED. Watch it! Sorry for all the tags…but hey…I want maximum exposure and PLEASE REPOST this FAR AND WIDE. OH YEA, DROP FOX NEWS FROM YOUR CABLE SERVICE…it’s time they pay for this masquerade as a “fair and balanced” news program. I hear their stock is dropping anyhow. Might as well throw some well-deserved salt on an open wound while we’re at it, right?

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