I told him that I run a company with about $100 million in revenue, and that it isn’t just kids who think that Wall Street bankers got away with a crime. There are a set of people who constructed a set of financial products with intent to defraud. They took our country to the brink of ruin, then got off scott free, even with multi-million dollar bonuses. I’ll be interested to see if Fox runs my comments anywhere.
It seems so odd to me that the Tea Party isn’t out in force at this protest. It seems so odd that government largesse aimed at rich corporations seems to be OK with them, while government largesse aimed at the disadvantaged ought to be cut. I would have loved to see blue collar Americans out in force at this protest, not just college students.
“The Founder’s were right: non-intervention, friends and trade with people, more prosperity, and peace.”
Here’s a clip of an interview with Ron Paul on America Live with Megyn Kelly:
He’s trying to change history, and so are we. He gave this interview after he placed well in the Iowa straw poll, but got little notice in the MSM. Starting at about 1:10 into the video, Kelly asks Paul whether or not the media is ignoring him:
Paul: Sure. Yeah they are, and we need to ask them why? What are they afraid of? Well, we’re certainly in the top tier. We did well in Iowa and we have a good organization. We can raise money.
But they don’t want to discuss my views because I think they’re frightened by us challenging the status quo and the establishment. When it comes to foreign policy, monetary policy, the entitlement system, because my views are quite different from the other candidates. They’d just as soon us not get the coverage that the others are getting and they will concentrate on establishment type politicians.
Kelly: There seems to be a narrative emerging that you can’t win and therefore they’re giving you back of the hand treatment. There was an editorial in The Wall Street Journal that said “He has no chance to win.” This despite the fact that you are 152 votes within the top spot in the Iowa straw pole. In fact out of almost 17,000 votes cast you were a 150 votes or so from number one. But The Wall Street Journal and others that you can’t win. Why? Why do they believe that?
Paul: Well they want to believe it and they want to promote an idea. They don’t want to promote information because they’re having a couple poles where I either came in first or second when you match my name up against Obama. Because my votes really compete.
“I’m trying to change the course of history.”
This would be a reason why the Democrats don’t want me to win either. Because I can compete against Obama. His base is very unhappy with his expansion of the war, and his lack of interest in protecting civil liberties. And therefore they don’t want to hear from me either. But I’ve done quite well. I’m quite willing to match my name up against Obama any time of the day.
Kelly: It’s got to be somewhat frustrating for you. I mean to come in second and be as close as you were to winning in Iowa, not to mention the polling that you’ve been doing, which is fairly good. To have this kind of treatment in the media, does this disturb you?
Paul: Well it disturbs me. I don’t use the word ‘frustrating’ because I anticipate and I know how the system works, and I know what I’m trying to do, because not like I’m just trying to win and get elected.
I’m trying to change the course of history and our history in this country hasn’t been good for the last 100 years, whether it’s our drift into managing an empire, the destruction of our currency, the deficits that have been run up, the climax of the dollar reserve standard. This is big stuff and nobody else is addressing this.
So in spite of the shortcomings of the reporting of this I write if off a bit, because they don’t have any idea about the significance of the idea of the monetary system and what’s going on with the Federal Reserve.
“The peace candidate is always a very strong candidate.”
But the people, grass roots America, are startin’ to wake up. Millions of people are reading about the Federal Reserve and understanding how they bail out their friends. Trillions of dollars. Give a third of all that money they used in the bail-out, give it to foreign banks. People realize this even though the media, generally speaking, they don’t understand it, they don’t ask the right questions. And if they do understand it they don’t want to get the secret out of how the system that we have protects the special interests, the big corporations, the corporatism that runs our society. Continue reading →
Alas, to borrow a phrase from this conversation, some of my friends seem to think you’ve got to wear a hazmat suit to even think about religion. Not so.
For Ott, it was a litany list of symptoms and voices of frustration she has heard from Alaska to South Korea to the Gulf Coast and now in Calhoun county. And Calhoun, she says, represents exposures to both tar sands and lighter oils, each with its own chemical make ups and attendant toxins.
“You’ve got the worst of two worlds. You’re getting a fully double whammy,” she says of the Cold Lake Crude Oil. “Peoples’ health problems (from the Enbridge spill) are identical to the Gulf.”
Ott says that studies about health impacts conducted by health officials since last summer are based on 40-year old science.
The income-generation initiatives that mushroomed in Argentina in response to the severe 2002-2003 crisis have come together in the National Confederation of Worker Cooperatives (CNCT).
Among the various models that sprang up, in addition to the state-promoted cooperatives, are worker-run factories that were salvaged by the employees after the owners declared bankruptcy – and, in many instances, actually fled.
José Sancha, the head of CNCT, told IPS that the cooperative federation is working with the ministry of social development to offer training courses for workers new to the cooperative movement who are entering the Argentina Works programme.
In fact, the first recorded word for ‘freedom’ in any human language is the Sumerian amargi, a word for debt-freedom, and by extension freedom more generally, which literally means ‘return to mother,’ since when they declared a clean slate, all the debt peons would get to go home.
Is ‘wage slavery’ a mere metaphor? Perhaps not. Read the following paragraphs (I bolded the last one, the ‘money graph, as it were):
What’s been happening since Nixon went off the gold standard in 1971 has just been another turn of the wheel – though of course it never happens the same way twice. However, in one sense, I think we’ve been going about things backwards. In the past, periods dominated by virtual credit money have also been periods where there have been social protections for debtors. Once you recognize that money is just a social construct, a credit, an IOU, then first of all what is to stop people from generating it endlessly? And how do you prevent the poor from falling into debt traps and becoming effectively enslaved to the rich? That’s why you had Mesopotamian clean slates, Biblical Jubilees, Medieval laws against usury in both Christianity and Islam and so on and so forth.
Since antiquity the worst-case scenario that everyone felt would lead to total social breakdown was a major debt crisis; ordinary people would become so indebted to the top one or two percent of the population that they would start selling family members into slavery, or eventually, even themselves.
Well, what happened this time around? Instead of creating some sort of overarching institution to protect debtors, they create these grandiose, world-scale institutions like the IMF or S&P to protect creditors. They essentially declare (in defiance of all traditional economic logic) that no debtor should ever be allowed to default. Needless to say the result is catastrophic. We are experiencing something that to me, at least, looks exactly like what the ancients were most afraid of: a population of debtors skating at the edge of disaster.
And, I might add, if Aristotle were around today, I very much doubt he would think that the distinction between renting yourself or members of your family out to work and selling yourself or members of your family to work was more than a legal nicety. He’d probably conclude that most Americans were, for all intents and purposes, slaves.
“We have no evidence that C.E.O.’s are fashioning, with their executive leadership, more effective and efficient enterprises,” the study concluded. “On the other hand, ample evidence suggests that C.E.O.’s and their corporations are expending considerably more energy on avoiding taxes than perhaps ever before — at a time when the federal government desperately needs more revenue to maintain basic services for the American people.”
The study comes at a time when business leaders have been lobbying for a cut in corporate taxes and Congress and the Obama administration are considering an overhaul of the tax code to reduce the federal budget deficit.
Third, happiness is achieved through a balanced approach to life by both individuals and societies. As individuals, we are unhappy if we are denied our basic material needs, but we are also unhappy if the pursuit of higher incomes replaces our focus on family, friends, community, compassion, and maintaining internal balance. As a society, it is one thing to organize economic policies to keep living standards on the rise, but quite another to subordinate all of society’s values to the pursuit of profit.
Yet politics in the US has increasingly allowed corporate profits to dominate all other aspirations: fairness, justice, trust, physical and mental health, and environmental sustainability. Corporate campaign contributions increasingly undermine the democratic process, with the blessing of the US Supreme Court.
Where this is headed is to a shorter work week. And leaves more time for drumming and dancing, community gardens, and everyone teaching skills to kids and one another.
After surveying policies around the world, we found that there is one that clearly dominates in terms of impact and cost-effectiveness: work-sharing. The idea is simple. Currently, firms mostly respond to weak demand by laying off workers. Under a work-sharing program, firms are encouraged by government policy to spread a small amount of the pain across many workers.
In Germany, for example, which has used work-sharing aggressively in this downturn, a typical company might reduce the hours of 50 workers by 20% rather than laying off 10 workers. The government would then provide a tax credit to make up for most of the lost pay, with the employer kicking in some as well. In a typical arrangement, a worker might see his weekly hours go down by 20%, and his salary go down by about 4%.
Truth and Traditions 