Archive for the ‘Politics’ Category

Basically Bad Economics

Monday, June 14th, 2010

Paul Krugman does a nice job explaining the basic economics in “The Bad Logic Of Fiscal Austerity.”

Radical Thinking

Thursday, June 3rd, 2010

Outstanding essay by Chris Hedges called “This Country Needs a Few Good Communists” gets to the heart of the matter. It’s about what happened to the once robust left in this country, and how Americans now need to find their way out of the grip of the Corporate State.

Dean Baker, in “Why Should We Listen to Deficit Hawks?,” questions the wisdom of taking advice from those who are only interested in picking our pockets once again. It’s time to smarten up, people, or whither away.

Class Warfare

Tuesday, June 1st, 2010

Good article by Paul Krugman called “The Pain Caucus” expands on the idea of governments now making economic decisions based on what is best for the wealthy class, to the detriment of everyone else.

This is what Class Warfare feels like, the fruition of Reagan’s trickle-down dream. Push all the money to the top, and let the rabble fight over pennies (which explains the parallel emergence of Walmart, now the largest corporation in the land, where most Americans spend their hard-earned pennies).

It’s been a slow, steady dismantling of FDR’s New Deal, which was created in response to the first Republican Great Depression. This time we’ve got a complicit Democratic Party playing along, plus a retrograde Supreme Court, and a completely supine media.

The Owners have this country in a stranglehold, and revolution is looking like our only way out.

Beware “Austerity”

Thursday, May 27th, 2010

Another look at the economic shenanigans taking place in Europe right now: “Eurozone Crisis is Self-inflicted” by Mark Weisbrot.

And we might as well take this opportunity to recognize “austerity” as the buzzword of the day: code for economic raiding of public assets by private interests. Basically, it means “everyone else tighten your belts, while we raid the cookie jar.”

This standard Milton-Friedman-esque IMF-ish ploy, first perpetrated in far distant lands (Latin America, Asia, Africa), is now coming home to roost in the “western” countries (Iceland, United States, Greece).

Now that the rich boys have scoured the globe, I guess they’ve decided to target the really big prizes, before the whole charade falls completely apart. This could be a good sign, perhaps the end of this economic horror show is fast approaching.

Critical Mass of Consciousness

Monday, May 24th, 2010

These are interesting times we live in.

We are currently being presented with some momentous decision points concerning government and economics, so it is becoming more and more important for people, the masses, to understand what is happening at the foundational level.

If we continue passing through these crises largely unaware and misinformed (Hello, Teabaggers) we could go the way of the Weimar Republic (totalitarian fascism). That is what ignorance could bring.

On the other hand, this is also a golden opportunity for us to take an evolutionary step in a much more positive direction, but in order to accomplish that we must have some basic understanding of the actual forces involved. We need to attain a critical mass of consciousness about what is currently happening.

Naomi Klein’s book The Shock Doctrine: The Rise of Disaster Capitalism (2007) provides excellent background on this subject, and here’s a few more recent discussions on the latest events…