Closing Down the Blog


June 1st I take it off the net. Huxley wins, Orwell loses.

Ronald Reagan


Reagan Myth one: he lowered taxes. This is not true. He did lower marginal income tax rates a benefit that accrued to those with the highest incomes. Then — ELEVEN TIMES — he raised taxes. He invented a new name for taxes, calling them user fees, and revenue enhancements, after that there was loophole tightening. The net effect was to raise taxes across the board, while narrowing the gap between what the haves and have not’s paid.

What other Reagan myth’s would people like to hear about?

Madoff Was A Piker — America’s Big Banks Are a Far Larger Fraudulent Ponzi Scheme | Corporate Accountability and WorkPlace | AlterNet


Moyers Journal: Madoff Was A Piker — America's Big Banks Are a Far Larger Fraudulent Ponzi Scheme | Corporate Accountability and WorkPlace | AlterNet.

I have said this for years. To have believed all the hype over the last fifteen years one would have to believe in magic. Most of the wealth in this country as calculated by the dollar value of all notional currency is inherently false. Call it inflation, call it fraud, it is not real. All pension plans derive their ability to pay from current production regardless of notional contributions. We have an 18th century cash drawer mentality for a economy that is mismatched to that era’s ethos. If that fundamental contridiction is not addressed we will revist this again, the burst bubble, and want in a land of plenty.

The coming evangelical collapse |


The coming evangelical collapse |

Can’t come soon enough!

Agence Global – Article


Agence Global – Article.

Change comes though no one desires it, and though few predicted its path.

It’s Always Hysteria with Some People


The economy is bad, but in no way comparable to the Great Depression. Think 1974 or ’82. Though I respect Mr Obama, I do not support the current policy on helping the economy. It is money-centric games. We need to fight deflation, true. But this current imbroglio is a phenomenom of money and not actual productivity. People need jobs, housing, food. Get that in order, regulate phoney baloney financial manipulation, and that fixes most of our troubles. Careening from one financial scheme to another is no way to fix the economy.

DNC Blasts Boehner For Claiming GOP No Longer Plans To Legislate


The GOP doesn’t deserve the attention it gets. But the Media turn everything into a horse race. The GOP are counter productive lunatic traitors to our country. A pox on them!
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Read the Article at HuffingtonPost