The Golden Goose is alive and well, albeit a bit obese
"French economist Jacques Rueff once said "Tomorrow, to save man, we will give him a real currency." For a world that has suffered nearly 40 years of economy-retarding currency instability, that tomorrow is very near.
If history is any kind of indicator, by 2013 we'll return to money defined in terms of something real. No currency in history has lasted longer than 42 years after its intrinsic backing has been abandoned, and it was 39 years ago that President Nixon severed the dollar's link to GOLD."(GOOSE)
GJ/He understood that the CAPITALISTS WOULD kill the Golden goose, the other great Economists warned against killing that Goose but believed that Capitalist self interest would prevail,Who was right?
GJ/ People who admire Marx hate democracy.
I'll try again,Marx's ECONOMICS was consistent and compatible with the other great Economic theories,Smith,Ricardo,Mill,Bentham,Veblen,even Schumpeter,Von Mises,and Hayek. They all talked the same language,the only difference was the Free Marketers said that the were dangers/temptations that Capitalist society needs to avoid to maintain stability,Marx opined that Capitalist society COULD NOT avoid those same temptations/dangers(one being currency degradation),which would lead to inevitable instability. George,who was right?
I know nothing about Marx as a person,and his politics/social theories/philosophy are of no interest to me, but his analysis of Capitalism,is right on the mark. Long Live the US Republic/may the US Empire die a sweet death.
When and if the American national idea is supplanted by something else
Unfortunately,it has been,Bankruptcy is part of the supplantation,unhealed schism is part, but the main aspect of change is the view that our nation is a huge cow with 300,000,000 million tits. The upper one percenters want 90% of the milk pouring out of their 3000000 tits. Some tits are more equal than others.
Here's a narrative that makes sense to my defective intellect,notice I have spoken often of the advantages of secession,Ms Supkels is predicting a split into three. Elaine,although very obnoxious,is our Cassandra.
"One of the biggest and oldest oak trees in NY happens to grow on my own property. It is over 26 feet in circumference. It is more than a thousand years old. And it is about to collapse into three sections. It has been the main metaphor for the US empire in my blog: the US is NOT a ‘young country’ but rather, an old empire. We were part of the British, Spanish and French empires and then, instantly, on winning our revolution, we went on our own imperial rampage, displacing those three European empires.
These empires had to be bailed out by the US in WWI and WWII but only after we ravaged the Spanish empire in previous wars and basically, after WWII, we took over the French and British empire’s Asian and African territories even as the people there sought, often quite violently, to be free of both the US and European empires. The costs of this post-WWII empire building has been so immense, this post-WWII effort has basically bankrupted the US. We run on debts which we sell even to obvious future power rivals like China.
------When every political leader’s solutions are to continue deindustrializing the US, taxing the middle class to death and funneling all the wealth overseas or to a tiny clique of bankers, this will lead to a massive explosion and like my oak tree, the US will cease to exist and split in three: Arcadia (the NE sector and Great Lakes will join with Eastern Canada), the Northwest Alliance (Northern California to Alaska with Western Canada), Atzlan (Southern California, Nevada, Arizona, New Mexico and a huge part of Texas) and the Slave States of the deep South which will try to form an alliance with Atzlan. We shall see.
It happens a lot in history! No empire’s borders has been stable for more than 200 years."
"Unfortunately, however, on September 11, 1973, twenty-eight years to the day before the Attack on America, our image as a defender of democracy was shattered when Augusto Pinochet overthrew the elected government of Salvador Allende in a bloody military coup d’état. Allende in the eyes of President Richard Nixon and his National Security Advisor, Henry Kissinger, was a communist hostile to the interests of U.S. based multinationals with investments in Chile. Consequently, Nixon and Kissinger helped to engineer the coup. Afterward, furthermore, they supported Pinochet as he abolished the Chilean congress, outlawed political parties, censored the press and imprisoned and tortured thousands. The implicit message behind this sequence of events was the United States supports the interest of the wealthy even at the expense of democracy."
Let's give some credit to our own George J who has concluded that "selflessness" and "Virtue" are close to the roots of Terrorism. Professor Hassan writes that "Surprisingly, altruism emerges as a major factor in the complex set of causes behind the suicide attacks"
However,it seems to me that suicide bombing/terror is a way to educate a "Percieved" enemy, who believes he holds all the cards, that no one ever holds all the cards. REALITY is always a powerful subterranean force in this world of appearance,fantasy,and illusion. The suicide bomber is saying,we are all alone,we are born,live,and die alone. The illusion of a nation,of an empire,of wealth, all vanish in the one on one personal encounter with the nemisis. This is the core of the success of "Organized Crime",The force(Police,FBI,etc)that protects society is a legal fiction that is populated by individuals,who can be attacked one on one,(as well as their loved ones and Families). The Individual is the Weak Link for the Terrorist as well as the Criminal,their message,we'll get you,and The state and all its components is unreal. And they're correct. Therfore,if we become a target,we are required to target those who target us.
I think that President Dyer needs to realize that if Social Security and Medicare benefits have deep cuts,military pensions are going to go down that same route;maybe some common sense self interest might dawn upon her highness.
I know that she would think it gravely unfair even to consider that her pension/benefits should be reduced. JED,my dear,what makes you any different than any other good citizen who is living off one of those guv tits. We've all paid into the cow,but like in Animal Farm, do you think that some titsuckers are more equal than others?