Is it me, or is The New York Times standing on the sidelines as fascism (aka, Donald Trump) becomes a very real threat to whatever level of democracy that has actually existed in the United States for the last 250 plus years? I suppose this is what happens when news organizations are run for profit and entertainment rather than their constitutionally enshrined role of being one of the checks and balances versus tyranny. Not that the Times has ever been the liberal mouthpiece that some have claimed, but to just stand by and watch the whole American experiment unravel without raising the alarm day after day seems irresponsible for the nation's "paper of record."
Wednesday, January 31, 2024
Saturday, May 20, 2023
Debt Limit Dishonesty
In Stephanie Kelton's book, The Deficit Myth, she pointed out that the notion that the government should be run like a household or a business is incorrect. First, government serves a special function in society that is not equivalent to a household or business. It serves the people and provides vital services for communities. This is true at the federal level as well. Government does not exist for the purpose of profit like businesses do. It is also not on a simple budget with income and expenses. Government budgets are more complicated because the government, at the Federal level, creates and issues the currency. And so if the Federal government shows debt on its books, that's not necessarily a bad thing like it might be for an individual or family.
Why is government debt a good thing? Since the Federal government is the issuer of the currency, then it follows that its spending is not taxpayer funded (that's a myth). The government creates the currency, and then disperses it to various entities. If the government has debt, that means the currency is in the public domain and can be used by others for various projects/activities. Treasury bonds are sold as a means of covering the debt. The US government hasn't borrowed money from some mythical evil lender. It has "borrowed" the money from itself. The increase in the currency supply is simply an entry in a digital ledger.
Debt is likely the wrong term to use because it implies something that isn't really happening. It would be better to think of this concept as money in circulation. If that number gets too high, it could be a problem, but that depends on a number of other complex factors. Needless to say, the US government isn't at a point in which there is too much money in the overall supply.
The arguments over the debt limit are disingenuous and dishonest. The government is not a household and it is not a business. Households and businesses don't issue currency, so they have to operate under different rules than the US Government. But politicians either know this or they're just plain stupid. The term government debt has been part of the public lexicon so long that it is hard to change the conversation about it. The idea that the current debt is something we are passing on to future generations to pay back is complete bullshit. There will always be debt, if you want to use that term. It's how the government operates. By the way, notice how these same politicians seem to have no concern about passing a climate disaster on to future generations. That's how you know they have no concern about the children of the future. The debt is simply a political weapon to bargain for spending cuts and tax cuts (how do tax cuts help the debt???).
Why do conservatives want spending cuts? That's a good question, and it has nothing to do with reducing the debt because they don't care about the debt (Notice how the Federal deficit always increases more under Republican administrations than it does under Democratic ones - why is that?). To answer the question of why Republicans want spending cuts, take a look at what gets cut. It's never the military. It's almost always programs designed to help people. They are the so called "entitlement" programs for those "other" people that are frequently on the chopping block. By cutting these programs, the demand for them is not decreased, but instead, that demand can now be shifted to the private sector in which a profit can be made. In other words, spending cuts enable the privatization of key services that the government has been fulfilling for decades. Any government spending on these programs will then be coordinated through private entities. This is similar to how private contractors engage with the military now. The government will become more of a cash cow for corporate America. That's how conservatives see government spending - not as something incurring debt, but rather a large pool of money that they would like to get their hands on and use to generate larger and larger profits. That's what would happen if Social Security is cut and then privatized. The big banks would then be in charge of that large pool of money which they could use for a variety of purposes with no real guarantee for citizens that they will have to pay out benefits.
So, the debt limit discussion has nothing to do with the debt. It has everything to do with shifting more and more money into the hands of large banks, large corporations, and the oligarchs of our society. As usual, the average voter doesn't realize this and is instead triggered by the word debt. They react to the notion that the government needs to control its spending, especially on social programs and other fluff like education. Military and police budgets are never put on the table. Those budgets always seem to be able to find new cash - where do you think that comes from?
The next time you see politicians decrying the debt situation, know that they are full of shit. Whatever deal they reach, you will likely end up being worse off (unless you are an oligarch, then congratulations are in order).
Friday, May 19, 2023
Snowflakes
It's ironic that the people in the US who decry those to their left as snowflakes infected by woke-ism are the biggest snowflakes of all. Has there ever been a more fragile generation? From the thin-skinned politicians like Trump and DeSantis to conservative pundits to your average MAGA obsessed groupie, they can't handle any whiff of criticism of their "way of life." Their default answer is to act out with vitriol and cruelty. There is always a bogeyman in the conservative sphere. In the past it was blacks, and then gays. Now it's black people again and trans people. The necessity of the bogeyman in the discussion points to the necessity of vilifying the "other" - the one who is not like "us." For conservatives cannot bring themselves to embrace the whole of humanity. They need to feel special; they need to feed that part of their ego. That's why they're white supremacists. They have an egoistic need to feel better than others or else they might realize that they are just like everyone else.
You can see this need to feel superior in everything they do. They deny others their human rights. They demand everyone subscribe to their version of morality. They enact legislation preventing other people from voting. Conservatives are so threatened by the idea of a diverse society that they are fighting it to their literal deaths. So many of these conservatives are old and white, and will be gone and forgotten in a few years. They are in their death throes, but while they are still here, their goal seems to be to make the US a living hell for everyone else.
One thing your average conservative voters cannot see is that they are pawns in the struggle for money and power. Because conservatives have such a strong need to be right and to have their way of life validated as the best, they are easily manipulated into anger by politicians who actually know better. Want to mobilize voters on the right? Create a faux controversy like a migrant caravan, trouble at the border, gay marriage, abortion, trans rights, Sharia law (remember that one?!), or the specter of socialism on the rise. None of these issues represent any sort of threat to white conservative voters, but they are presented as existential threats to their way of life. They're not. Although they are real issues affecting real people, the answer isn't to outlaw or deny people their rights because you don't agree with them. This is why conservatives are snowflakes. They can't tolerate disagreement with their worldview. They react emotionally in Pavlov-ian fashion - completely conditioned. There is no rational thought occurring because their threat detector is on high alert. Paranoia and doom rule their minds. It's sad to see people who are generally good and ordinary turned into paranoid and hateful folks who are making the US a more dangerous place to live with each successive day.
Wednesday, June 24, 2020
Black Lives Matter - Don't Miss The Point
So let's do this. If you're response to Black Lives Matter is all lives matter, then I want you to go and tell the police that all lives matter. And tell them that all lives include Black lives. So perhaps they should stop treating Black people as if their lives don't matter. Because...wait for it...Black Lives Matter too. See how easy that was.
Sunday, August 02, 2015
Violence and Groupthink
Tuesday, March 31, 2015
What to do about 'Religious Freedom' movements
Thursday, February 19, 2015
Go Your Own Way
However, something Dr. Krauss said in one of the many conversations shown did provoke a thought on the difficulty that some believers have in subscribing to the full doctrine of their religions. Should they have to? Most religious texts were written well over one thousand years ago and the world has changed quite a bit in that time. What may have been moral or acceptable in the 9th Century may be different today, and to deny such change is to deny reality and progress.
Perhaps Joseph Smith had the right idea when he started Mormonism (at least in concept, not necessarily execution). If you're a believer, why not start your own religion or create your own doctrine? Since there's no evidence of god anyway, it's not as if anyone can prove you wrong, and you can follow beliefs that are more consistent with who you are and the moral code of the present day. Why should you be restricted by the world-view of someone who lived two thousand years ago and knew far less about the nature of the universe than we do in 2015? You should not be. Think of the freedom that would bring. You could celebrate the religious holidays you like and maybe come up with some new ones. You could stand up for social progress and not feel guilty that you were in opposition to the stance of your religion. Eliminate the conflict and start the religion of YOU. Define the morals and ethics of your religion. Draft a set of core values and live your life by them. Be at peace with your choices and most important, promote peace and compassion in the world.
Thursday, August 14, 2014
Police and their toys
Perhaps if we invested more in the education of our community and helped them to succeed more, we wouldn't need to have a tank battalion in every town. Just sayin...
Saturday, December 29, 2012
Do What Is Right
Monday, December 24, 2012
Conservative Leadership - Oxymoron
Monday, November 19, 2012
Responsibility
In sports, we laugh and sometimes pity athletes who talk this way. I suppose we should do that in politics as well. Let's take the case of Mitt Romney. Suggesting that he lost the election because Obama gave gifts to various groups of people proves beyond a doubt why he wasn't qualified to be President of the United States. He didn't lose because of anything he did. No. Obama cheated and gave stuff to people so they would vote for him.
Please Mitt Romney, just go away and never enter our lives again. If you were truly worthy of being President, you would take responsibility for your loss. Own it like the man your followers thought you should be like. Instead, you acted like the entitled little rich brat that many of us thought you were.
Friday, October 26, 2012
Two Questions to Help the Undecided Voter
- Is money the most important thing in your life?
- Do you make more than $200,000 per year?
Friday, October 12, 2012
Geniuses
Making money is a skill and there is no doubt that men like Welch and Trump are geniuses at it. Their financial intelligence far exceeds that of the average person. Intelligence in everything else? Perhaps not so much. Yet because our society worships money to such an extreme degree, people like Welch and Trump are sought after to provide their thoughts on a whole host of topics of which they know nothing. We somehow equate financial genius with just pure genius.
To make my point, let's take the case of another skilled genius - Alex Rodriguez. In baseball, A-Rod is one of the best players ever. His baseball IQ is way above the average person's. He has many adoring fans (as well as detractors). Why aren't we asking him what he thinks of the jobs report? Or the recent Presidential debate? Is it that we recognize that baseball genius doesn't qualify him as an expert on everything else going on in the world?
Bottom line - I don't give a shit what Jack Welch and Donald Trump think.
Sunday, August 12, 2012
Good People
What would be their motivation to change the current conditions? Answer: there is none. As long as corporations and the rich in this country can make money in this economic climate, there will be no improvement. In fact, things will only continue to get worse. If Republican policies championed by Mitt Romney and Paul Ryan are put in place, deficit hysteria will drive our economy into the ground. The rich will get richer, the poor will get poorer, and economic and social mobility will continue to get worse. Jobs will be lost here at home, but corporations will continue to prosper with their global markets and the fact that our own society has become consumption addicted. We want gadgets and things even when we can’t afford them, and the marketing of these products convinces us that we need them.
There really isn’t a single good thing that Mitt Romney will do for the actual benefit of this country, but when will the average moderate Republican wake up and realize that? A Romney presidency could make things very ugly in the next several years. If it happens, settle back and watch the rich get richer at the expense of those who don’t have enough money to buy politicians.
Tuesday, April 05, 2011
Smells Like Teen Spirit and Remembering Kurt Cobain
Thank you Kurt, and thank you Nirvana. We miss you.
Saturday, October 30, 2010
The Descent
Thursday, October 28, 2010
Keith Olbermann on the Tea Party and Election Day
Take 20 minutes and listen to what Keith has to say:
http://www.msnbc.msn.com/id/39875964/ns/msnbc_tv-countdown_with_keith_olbermann/
Sunday, March 21, 2010
Health Care Reform and the Big Picture
So the real work is now just beginning. Democrats and Progressives must remain strong as opponents of HCR will become more and more vicious in their attacks, saying anything to derail this initiative. This is a fight for the hearts and minds of Americans as privatization and corporatism have been disastrous for this country. This is an opportunity to prove that a government can be beneficial in the lives of its citizens. This is an opportunity to reverse the brainwashing that has many Americans thinking it’s acceptable to spit on members of Congress and verbally attack 11 year old children. This is an opportunity to stand up and say that unfettered greed is not good.
If we are to compete with the likes of China in the 21st century, we must come together as a team, as a society. Today, we are too fractured and we can’t get anything done because we aren’t focused on the work we need to do to make our lives better. Our government is distracted by unproductive wars. Our people are apathetic and ignorant of our dire circumstances. America is on the decline, yet we don’t know it. Perhaps I’m attaching a bit more importance to this Health Care bill than most, but I think it’s the first rung on a ladder out of a huge hole that’s been dug in the last 30 years. Let’s see how far up the ladder we can get in the next 5 years.
Wednesday, March 10, 2010
Sunday, January 10, 2010
Media 101 - Stenography?
Advertising an "exclusive" with John McCain and Joe Lieberman is like hyping a sale at WalMart. Both happen every week. Those 2 are on all the time pushing one side of the aisle's point of view - bottomless pit of money for war, nothing available for health care, don't reform Wall St. How about asking Alan Grayson to appear on your show to provide counterpoint rather than simply playing stenographer to their dangerous narrative?It's no wonder that there are so many Americans out there who think the Republicans actually represent a viable solution to governing the country. They're allowed to push their bullshit rhetoric on us continually without fact checking through programming on the major networks like State of the Union on CNN. Is stenography now a substitute for journalism? It's become dangerous to the future of this country because people hear these views so often, they start to believe them even when facts (pesky little things) disprove them. I wonder if these television media members feel any responsibility to truth or are they simply caught up in being faux celebrities who get to mingle with the powerful of this country. Of course, there's no money in speaking truth to power.
Related Example: George Stephanopoulos allows Rudy Giuliani to say "no domestic attacks under Bush" without comment on Good Morning America. Giuliani tries to clarify later in the day on CNN, but still gets it wrong.