by Len Hart, The Existentialist CowboyWingnuttery gets more absurd with each passing day. The wingnut la-la land has come un-glued and completely out of touch with reality. Found on Facebook a poignant reminder of the state of the economy, fact apparently lost on wingnuts!
Here's where I get my stamina and keep my sanity to: - - Apply for 30 jobs a week for 12 weeks and never hear back
- - Spend 3 hours weekly with the bank to keep my home
- after 4 months and 4 mortgage applications, send in the 5th mortgage application for the 5th month.
--Anonymous, Found on Facebook
Now --the right wing has derided Barack Obama's plan to put millions to work in a new industry --green energy! The right wing is in no position to deride anyone. This is the US right wing that put millions out of work with idiotic tax cuts and other windfalls for Wall Street banksters, buddies, cronies, stall buddies and privileged elites. To these idiots and elites, I have an appropriate epithet that begins with the letter 'F' and ends with 'you'!
Realistically, 'green energy' has a future. A world without it doesn't! It is a better, a brighter future than, say, a lifetime career in government run pits in which are dug out dollar bills made worthless by GOP 'sellouts' to China and Japan. What if the plan should put millions back to work and re-stimulated the economy?
What if it should fail? So what! We'll be no worse off! We we would be no worse off if it failed to create a single job! We will be considerably better off if it should put a million or more back to work! And infinitely better off if, by exploiting this new resource, America should find its better self again, a new industry, a future for millions now without hope!
It is not surprising that the geniuses of the utterly failed 'right wing' have the derided the idea. Keep in mind that these are the same folk that think 'privatization' of Social Security, letting the big banks who have brought us to the brink of utter economic collapse, administrate your retirement is a brilliant idea!
IDIOTS!! These are the idiots who lambaste an Obama plan to create millions of productive jobs in green industries! I say Obama's plan is infinitely superior to the idiots' plan to turn over the only government program to have ever run a surplus to robber barons, speculators and fast buck artists on Wall Street!
The US economy collapsed because it contracted. It contracted because it produces very little that the rest of the world wants to buy. Check The CIA's World Fact Book for proof of this. The US is at the bottom of the list with the World's largest trade deficit, now called the Negative Current Account Balance. China, which props up the dollar as per agreements with the Bush crime family, is on top of the CIA's list with the world's largest positive Current Account Balance.
There was never a real opposition, i.e, a 'left wing' in America. The US system is just two wings of one party and there was, therefore, no restraint, no balance, no moderating influence as a result of 'compromise'.
$ 150 billion spent on windmills, solar panels and 'energy efficiency' is a drop in the bucket compared to the trillions squandered and lost forever as a result of the overt criminality of the big banks in cahoots with the Fed. That's money lost forever, a contraction of the economy that caused the current depression! Obama's plan will create some 5 million jobs and promote economic growth. Obama could not do worse and, most certainly, will do better than a plan first proposed by John Maynard Keynes.
. . . fill old bottles with banknotes, bury them at suitable depths in disused coal mines which are then filled up to the surface with town rubbish, and leave it to private enterprise on well-tried principles of laissez-faire to dig the notes up again (the right to do so being obtained, of course, by tendering for leases of the note-bearing territory), there need be no more unemployment and, with the help of the repercussions, the real income of the community, and its capital wealth also, would probably become a good deal greater than it actually is [italics added]. It would, indeed, be more sensible to build houses and the like; but if there are political and practical difficulties in the way of this, the above would be better than nothing. --John Maynard Keynes, The General Theory of Employment, Interest and Money, Macmillan, St Martin’s Press for the Royal Economic Society, 1973, p. 129).
It's time the US went back to work after having been told by the Reagan/Bush regimes that the US could survive by exporting its 'expertise'! Uh huh! Expertise in what?? The US is now paying the price for having abandoned its industries, having sold out to China, having stabbed labor in the back! The US never had a viable 'labor movement' that, in Poland, resulted in the fall of the communist regime. In America, by contrast, labor was derided as 'communist' and, under Ronald Reagan, made 'irrelevant'. Reagan cannot be 'credited' with having single handedly neutered the movement. The many professional murders by Pinkerton's, the Jihad waged by Gen. Harrison Grey Otis (Los Angeles), the hundreds, perhaps thousands, of lesser known atrocities paved the way.
Having marginalized dissent, Reagan tax cuts enriched only the upper quintile, the nation's richest twenty percent. The trend was clearly visible in charts prepared by the Brookings Institution, BEA, the Bureau of Labor Statistics et al. Just as clearly was the brief reversal in Bill Clinton's second term. Alas, all 'gains' were lost under Bush Jr. Today --just one percent of the US population owns more than some 95 percent of the rest of us combined. The time has come to take another look at Keynes. Obama's plan is, at least, a start.
In the 1920s Keynes visited Russia, where he was able to meet some of his wife's impoverished relatives. Unlike his friends Beatrice and Sidney Webb, or the dramatist George Bernard Shaw, Keynes wasn't impressed by Stalin's Russia. "How can I accept a doctrine," he asked, "which sets up as its bible, above and beyond criticism, an obsolete economic textbook which I know to be not only scientifically erroneous but without interest or application for the modern world?" But Keynes was barely more enthusiastic about capitalism as it was practised in the contemporary world. "Such a system," he wrote, "has to be immensely, not just moderately successful to survive." The Great Slump made it clear that capitalism was neither.--John Maynard Keynes: Can the great economist save the world?
The current 'crisis' was a long time in making. Compounding the problem are several factors; 1) the 'elite' one percent are joined at the hip to the Military/Industrial complex. Like Rome, the US makes its 'living' killing people in those foreign nations rich in the resources needed by the US, 2) under Ronald Reagan, the US had begun an 'export' of jobs, most notably Japan and China; 3) education is neglected in America, the best example being Texas where the percentage graduating high school slipped to last in the nation --the result of back to back incompetent regimes: Bush and Perry. Texas now beats out Mississippi for dead last in education. Concurrently, the state's prison population is burgeoning, enriching the corporations to whom was awarded the contracts in which they house the thousands (millions nationwide) for whom the only career left them is crime.
In the meantime, there is secessionist talk and not just among rednecks, death row inmates in Texas, or tea bagging imbeciles down south.
CHATTANOOGA, Tenn. (AP) — In an unlikely marriage of desire to secede from the United States, two advocacy groups from opposite political traditions — New England and the South — are sitting down to talk.Tired of foreign wars and what they consider right-wing courts, the Middlebury Institute wants liberal states like Vermont to be able to secede peacefully.That sounds just fine to the League of the South, a conservative group that refuses to give up on Southern independence."We believe that an independent South, or Hawaii, Alaska, or Vermont would be better able to serve the interest of everybody, regardless of race or ethnicity," said Michael Hill of Killen, Ala., president of the League of the South.Separated by hundreds of miles and divergent political philosophies, the Middlebury Institute and the League of the South are hosting a two-day Secessionist Convention starting Wednesday in Chattanooga. BILL POOVEY, Secessionists Meeting in Tennessee
I submit that the Southern Secessionists are still nuts! The economy of the south is in no better shape that it was when it was based almost entirely upon slave labor. What does the South export now except bigots, bullshit and tours of Plantation homes where the great grandfathers of bigots convinced themselves that they were 'aristocrats'! As the Rude Pundit put it so eloquently --fuck the South!
Why I moderate comments- SPAM: 'comments' that link to junk, 'get rich' schemes, scams, and nonsense! These are the worst offenders.
- Ad hominem attacks: 'name calling' and 'labeling'. That includes the ad hominem: 'truther' or variations!
Also see: Published Articles on Buzzflash.netSubscribe
Add to Google
Add Cowboy Videos to Google
Spread the word
by Len Hart, The Existentialist Cowboy
Posts
