fiscal cliff explained in simple terms, and mmt-pp response to the fake crisis

fiscal cliff explained in simple terms, and mmt-pp response to the fake crisis

This is an excellent post from University of Missouri’s professor Randall Wray explaining in a nutshell what the fiscal cliff we’re facing is all about. Good read

http://www.economonitor.com/lrwray/2012/11/14/fiscal-cliff-and-the-media/

Arguments against one of my heroes

title=”Arguments against one of my heroes”>Arguments against one of my heroes

I copied and pasted an article from the new economic perspectives website showing the difference between a populist point of view over against a progressive point of view in how to approach the pending Grand Bargain Obama is advocating in the interest of compromise. This, I posted on one of my heroes facebook page Robert Riech. Here’s the post [

Not sure if you got my earlier comment so if I may here it is again; Joe Firestone from the new economic perspective website commented on the 18th of November on your posts about “The Presidents opening bid on a Grand Bargain” Now I’m no economic expert on this matter but I’m reading lots of material about the subject to try and educate myself about our economic woes. I’m a big fan of yours from way back when I considered myself a progressive, and still am a big fan. I believe your a down to earth and reasonable man who truly has the public interest at heart. If it’s permissible to use labels I must admit I have moved from being a progressive in political thought to a populist. Joe Firestone makes a compelling argument against your economic advise here http://neweconomicperspectives.org/2012/11/trigger-mechanisms-to-avoid-the-fiscal-cliff-youre-kidding-right.html#more-3738 Would you be so kind to respond to this critique, and would you also speak on MMT-PP from the University of Missouri at Kansas City school of thought?]

I’m a big fan of Robert Reich as you can see on the post. What I’m after in this search for economic equality is a reasoned argument for or against a position, I am free to discover better positions and a more consistent stance on these issues, therefore my thoughts and mind evolve as I see a more reasoned argument for or against. This, at root is founded in my philosophy of being or what is called ontology. All this to say “A free man is one who is not afraid to go to the end of his thought” Leon Blum. I hope my hero responds…

two sides of the same coin

two sides of the same coin

I found this video on the web to illustrate a political truth. He didn’t win his bid for congress, but the message is still relevant today as it was back then. That is, that  both parties in power are indeed the same in advancing a neo- liberal policy toward austerity. The general election of course is over but we still have more elections to come in the future, congressional elections in which the independent vote can make a difference in the balance of power in Washington. We must as much as possible convince our fellow countrymen and women to vote for the independent candidate. This, in an effort to begin to have our voices heard once more in our country. Change takes time and movements start slowly according to an expert on this matter Joel Hirschhorn. (see symposium on article V)

an epiphany

Ride, ride my see-saw,

Take this place
On this trip
Just for me.

Ride, take a free ride,
Take my place
Have my seat
It’s for free.

I worked like a slave for years,
Sweat so hard just to end my fears.
Not to end my life a poor man,
But by now, I know I should have run.

Run, run my last race,
Take my place
Have this number
Of mine.

Run, run like a fire,
Don’t you run in
In the lanes
Run for time.

Left school with a first class pass,
Started work but as second class.
School taught one and one is two.
But right now, that answer just ain’t true.

Ah ah ah ah, ah ah ah ah, ah ah ah ah ah
Ah ah ah ah, ah ah ah ah, ah ah ah ah ah

My world is spinning around,
Everything is lost that I found.
People run, come ride with me,
Let’s find another place that’s free.

Ride, ride my see-saw,
Take this place
On this trip
Just for me.

Ride, take a free ride,
Take my place
Have my seat
It’s for free.

Ride, my see-saw.
Ride, ride, ride, my see-saw.
Ride, my see-saw…


What if, in our efforts to move our countrymen from apathy to activism we used music to do so? What would it look like? This strategy I mean. Maybe we can start our writing on our blogs like this; “Required…. listen before reading”

What if we, the 99% could dance and sing our way to freedom and our ideals of a fair and equitable society? Music moves the soul like no other medium I think. Music causes us to dance and smile and  to feel warm and good inside. It sparks energy in us. What if we could somehow take the lyrics of a good song and integrate it to our societies woe’s and inequality and maybe somehow show each and every one of us that even though we see such injustices being perpetrated against us that we have the spirit of truth on our side which causes us to move with emotion to action and fervent dialogue about these injustices. Politically speaking, this song brings to mind the journey I have undertaken from being a progressive to a populist.

Left school with a first class pass,
Started work but as second class.                                   started out progressive and found them to be
School taught one and one is two.                                   ineffective for making real change
But right now, that answer just ain’t true.

The road we should take as the 99%, should not be one of the progressive stance but as a populist. Meaning in short; Progressives say to themselves I will work with what our current two-party system has given me and try to make it better by advocating the progressives strategy for change. I’ll work with what you give me in other words. Whereas the populist idea of political action is; We reject outright your basic assumptions of governance and have our own ideals to put forth in a form of a platform that speaks to our ideals. We the people tell you, our government officials how we will be governed. Don’t misconstrue this point. We are not anarchist here. We believe in government, and when we hear government for the people and by the people, we take that seriously. This in my best estimate should be the populist platform

1) monetary policy (mmt-pp) modern monetary policy and public purpose to be more specific

2) campaign finance reform

3) undo corporate person hood

Have hope my fellow countrymen, not in a very good orator, but in ourselves, and talk about these things among us so that we may share our see saw.

political affiliations

To be a progressive in today’s political climate is to give in to republican control over practically every facet of our society. I don’t remember who it was exactly that said FDR saved capitalism, that opinion said; if it were not for FDR we would have a socialist society in America, recall there were many different political factions at that time and they were strong with many members, for example the communist party and the socialist party which were making headway during the depression. FDR cut a deal with the Wall Street speculators and bankers at the time and came up with the New Deal which did much good for the 99% and capitalism was saved. Our current situation is entirely different. Similar in many ways, but very different in that we have no other strong opposition from other parties making this bullying very easy for “the moneyed trust”, as it was put in the early 1930’s. Everyone waited with much anticipation when Obama ran 4 years ago whether he was going to be the progressive like FDR or the moderate like Clinton. Well we found out how he was going to be well into his second year in office. He was neither. He turned out to be the front man for the moneyed trust and betrayed the 99% of us over against his real constituency the moneyed trust. It was this realization, the betrayal from our president, that brought me to the study of history right before the depression, and what I learned was something you rarely hear in the media, and that is, “the populist”. I believe many of Obama’s supporters that have been disappointed over the last four years feel the way I do which is very disillusioned with our president. Most of the 99% haven’t read history I would venture to say. But once the progressives read about the populist movement they, I’m sure, will start to change their political affiliation from being progressive to populist and then they like I will start to feel hope again. Except this time it will be real hope, the kind that relies on our own selves and not some great orator that took advantage of his personal opportunities.