Daily Archives: June 24, 2018


America’s March to Inequality: Why the U.N. Poverty Report Alarms Trump’s Plutocrats

Truthdig has the article America’s March to Inequality: Why the U.N. Poverty Report Alarms Trump’s Plutocrats.

So if the UN report were taken seriously, the US would require a social revolution to even approach the normality of a France or Germany, where a handful of billionaires don’t take food out of the mouth of hungry babies.

And that is why the shock troops of Trumpism are so eager to discredit it.

Just read the article if you need any more statistics on what is going wrong in the USA society these days.


Constitutionally, Corporations are Not Persons

The Supreme Court made a huge mistake when it decided that Corporations are the same as the Persons or People mentioned in our Constitution.

Natural persons or people have a conscience. The corporation is a creation of the government. The modern (but erroneous) interpretation of how corporations should be run is that they are supposed to make money for their owners, but they are not supposed to have a conscience except for what is mandated by law.

Our founding ancestors, in their infinite wisdom, wrote into the constitution that our government is to be run by natural person with a conscience. They knew that was the only way we would ever keep our democracy going. It was the collective conscience of the people that would keep us safe. Therefore, only natural people, should have a say in the running of the country. The creations of the government that do not have a conscience should not be deciding how the country is to be run.

People who have no understanding of this basic premise do not belong in any of the three branches of our government, executive, legislative, nor judicial.


The President Thinks We Need To Pay More

Econintersect has the article The President Thinks We Need To Pay More.


This is a good article with one tremendous flaw.

And if weak demand at home is keeping unemployment too high or wages too low, the appropriate policy response is fiscal relaxation- either a tax cut or spending increase- and not to tax or otherwise drive up the cost of imports, even if that results in a higher public debt.

Cutting taxes allows people to spend the money on whatever they want including creating a bubble in the stock market.

There are some things that are for the good of society collectively including business interests that are not a profitable investment for individuals nor corporations. These are the things we depend on our government to buy for the collective good.

When you put tax cuts on a completely equal footing as investment spending for the common good, you are leaving out a very important part of the picture.

When you hear that tired old saw complaint by the Republicans that “you know how to spend your money better than the government does”, remember what I said above. You will be able to retort, “There are some things I want my government to spend on because the country and the economy needs them, but it makes no sense for individuals to pay for them only voluntarily”.