Posts Tagged ‘wealth’

America! America! God mend thine every flaw

Friday, February 3rd, 2017

 

I am fearful that our beloved United States of America is going to follow a path (despite the rules laid down by our founders) that defies to protect us from the fate of Saudi Arabia, China and Russia.  All of those places have no tolerance for intellectual freedom much less freedom of religion or freedom to love. 

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I love America with all my heart…   her amber waves of grain are being destroyed by pipelinesHer purple mountain majesty is being blown to bits by coal magnates.

amber waves of grain

 

 

Her beautiful spacious skies will again be choked with soot and fear.  Her brotherhood of good From sea to shining sea will have to hide and whisper in corners and alleys.

texas

Confirm thy soul in self-control, Thy liberty in law.  Self-control is likened to weakness and liberty to peril. 

I weep, and seek the comfort of the like minded.  I cling to to the lovers of clean air and thought, pristine water and mind, clear air and soul.  Greed is the enemy of all those things. 

America please see what is happening.  Please embrace what our founders saw and tried to keep for everyone after them.  O beautiful for patriot dream that sees beyond the years

O beautiful for patriot dream that sees beyond the years   I repeat –> O beautiful for patriot dream that sees beyond the years.  Take that in.

patriot dreams

 

that sees

 

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maine

 

 

 

 

 

 

 

 

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Till selfish gain no longer stain, the banner of the free!

 

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US Chamber of Commerce and Mr Donahue

Monday, November 28th, 2016

What is it? and who is he?

The US Chamber of Commerce (USCC) is not a part of the government, although, it was created by President William Howard Taft  around 1912 to go against the Labor movement which had become organized and powerful.  

Tom Donohue became head of the organization in 1997. 

He disliked the idea of healthcare reform that involves providing healthcare for every American regardless of income or ability to pay.  

Mr Donohue disagrees with the scientific consensus that climate change is enhanced by human energy use. 

He opposed Dodd/Frank legislation and portions of the Sarbanes-Oxley Act which was signed in to law by George W. Bush after the Enron and Worldcom scandals and arrests.

He thinks a company should be able to sue a country.  Phillip-Morris vs Uruguay was a case where a tobacco company actually sued the country of Uruguay for implementing strict measures to prolong life and promote health through organized efforts to get tobacco out of the country.  Monsanto is suing countries that are disallowing Monsanto products due to health concerns as well.

Well, now the USCC is the largest lobbying organization in America.  It’s current agenda includes –>

  1.  Establishing the congressional budget for the United States Government for fiscal year 2017.  Why would he care about the congressional budget?
  2.  Providing for congressional disapproval of the Environmental Protection Agency relating to the definition of “waters of the United States” under the Clean Water Act.
  3.  Disapproving a rule submitted by the Environmental Protection Agency relating to “National Ambient Air Quality Standards for Ozone”. clean air and water are too expensive to maintain and do a profitable business I guess.
  4.  Providing for congressional disapproval of the Environmental Protection Agency relating to “Standards of Performance for Greenhouse Gas Emissions from New, Modified, and Reconstructed and existing Stationary Sources: Electric Utility Generating Units”  He wants to keep oil, gas and coal
  5.  Disapproving the rule submitted by the Department of Labor relating to the definition of the term “Fiduciary”.  I wonder what is wrong with the term Fiduciary?
  6.  EPA Science Advisory Board Reform Act of 2015.  Is it possible to reform science?
  7.  There are more, I just listed the first few.  They have their irons in lots of pots.

$79,205,000 has been spent on lobbying in 2016.  They spent $84,730,000 in 2015 so they may surpass that come January 1.  Whoo boy there is a lot of money in money isn’t there?  Not much money to be made in healthcare for all I guess.  Healthy, vegetable eating, non-smoking, solar powered masses are bad for the economy.  Mr Donohue, I think you are bad for the planet.

 

1% vs 99%

Monday, October 24th, 2011

Wouldn’t it be better if the TV and radio personalities would talk  about facts rather than presuming fault?

Image and video hosting by TinyPic

Wouldn’t it be better if we stopped listening to the loud whiners?  Shut them off, change the station;  too busy admiring people who are discovering and inventing stuff.

The desire to classify ourselves is human nature.  Humans are influenced by each other to impose group boundaries.  For instance the 1% versus the 99%.  The 99% is vast,  not cozy;  whereas the 1% are in bed together cuddling and clinging.  Here are some pretty interesting things being done by members of both groups .

http://www.humdingerwind.com/#/wi_large/

Inventor Shawn Frayne has come up with a device that harnesses the power of wind without any rotating parts. Instead, his company’s Windbelts capture energy using fluttering fabric. Air passes over a taut membrane, it induces a vibration, somewhat akin to a violin bow.   Magnets mounted on the membrane bounce back and forth between metal coils, inducing an electric current.

What makes this so way cool is that it can be put on fences in urban areas and it can be palm sized or room sized and the materials it is made from are all available right here in the good ole USA.

windbelt

 

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http://news.carbonwarroom.com/wp-content/uploads/2011/05/CCW20111.png

 

Richard Branson has started a “Carbon War Room”.  Does he qualifiy as part of the 1%?    He has an influence on them.  He concerns himself with the future of the planet and makes money doing it.  His latest venture is opening a shop  near the White House for Venture Capitalists to hang out and find investment solutions.  International corporations like Maersk, the global tanker operator, 3M,   and General Electric Co., the major U.S. maker of gas turbines, windmills and appliances;  find there is money to be made and profits enhanced by cutting noxious pollutants and carbon dioxide emissions.

http://www.ecosystemmarketplace.com/pages/dynamic/article.page.php?page_id=7874&section=home

 

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Pegasus Global Holdings Announces Plans to Develop World’s Largest Tech Testing and Evaluation Center

http://techcitement.com/admin/wp-content/uploads/2011/09/ghosttown.jpg

Pegasus Global Holdings bought a town in New Mexico.   They needed a place to create and test green technology innovations.  How cool is that?  Is this the enemy doing cool things with their money?   Pegasus Global Holdings is actually one of those big scary conglomerates making billions from war tools and satellites; which qualifies them as a member of the 1%.  Perhaps refocusing their moneymaking prowess on technologies that have an end result of a healthier, cleaner, and subsequently happier planet is a good thing  —  even if their motivation isn’t benevolent grace.

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A.I.M. Interview: Algenol’s CEO Paul Woods

Paul Woods is a hero.   He has a biorefinery  in Lee County, Florida.  It will consume almost two dry tons per day of carbon dioxide obtained from industrial sources, and will produce 100,000 gallons of fuel-grade ethanol per year.  Whats not to love about that.  He is an innovative scientist and has become pretty wealthy by being smart and steadfast, he is one of  the 99%.

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Who gives a fig what S&P thinks?

Sunday, August 7th, 2011

 

Trickle down economics isn’t causing that drip you hear, its drool.  Who cares what S&P thinks?  Except, “after the Dow Jones Industrial Average,  the S&P 500 is the most widely followed index of large-cap American stocks.”

 

We should all be listening to Fred.  The news is full of Standard and Poor (S&P) credit downgrade of the US’s borrowing worth.  I say, OK, so lets not borrow from them.  Lets revoke their use of ratings as a political weapon. I’ve read and read and read and can’t really find an answer.  Numbers, economics, and resources all seem to play a part.

 


 

 

 

 

 

 

 

 

 

 

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It may be disturbing to some to find out that not all good comes out of the wealthy corporate interests represented by the S&P’s 500.  Japan is pulling themselves out of their natural and man-made financial woes.  How?  Innovation.  It also helps that they don’t have a tea-party or christian fundamentalists standing on their drowning heads.  OK, with that sentence, I’m guessing I’ve lost about 25% of you.

Economics is nothing more than realizing that all the Earth’s resources are scarce and the study of Economics is how those resources get allocated amongst people.  A comparison of 1961 to today was made that sparked more research.  I asked my smart friend Fred  If our tax rate were the same as it was is 1961, would our deficit get payed off quicker?

and like a true economics guru he gave this reply…

Your question about the tax rate being what it was in 1961 would eliminate the deficit is a good one. The math is correct but ignores what has happened to the dollar since 1961. The top tax rate today is 35% on $357,500 of taxable income. In 1961 it was 34% on $8,000 and went as high as 91% on $200,000, $400,000 joint filers.  See http://www.taxfoundation.org/files/federalindividualratehistory-20080107.pdf for historical rates.

Back then a dollar was still worth 50 cents. Now it is worth something between a dime and a nickel. (this is the stuff, I just can’t seem to grasp.  How can a dollar only be worth a dime?  Compared to what? )In 1961 a large milk shake (real dairy) was  25 cents, gas was 25 cents a gallon, a new cadillac cost $2,999, and the minimum wage was 75 cents. A living wage was $5,000 and it took only one person working to support a family. Full time workers made much more than the minimum wage which applied mostly to part time and seasonal itinerant workers. If one made $20,000 a year they were rich.

Since then we have had greatly reduced tax rates but a very high tax in the way of inflation. Inflation went up most in the 1970’s until Reagan stopped it by raising interest rates in 1979. Since then inflation has been slower, but still running 4-6%. until 2008 when prices of some things went down, like housing making average inflation minor. Still we have food, medicine, fuel, education, all going up more than the Consumer Price Index. (The consumer price index takes a semester to understand. Why are we suffering if the price of things has gone down?  We’re not making it we’re just buying it, so we should be on top of this game.)

Now the government has used a new tack to fleece the citizen, it is called borrowing. We get tax cuts to make us feel like voting for the creeps, they take our social security money to fund wars, (is that why they want to tap into social security?  Are those 500 in the S&P wanting our pittances for wars?  Are those 500 in the S&P making money off of loaning to our pentagon for these wars? ) they give us cheap goods from China sending our jobs overseas so they can borrow from the wealthy and the Chinese, to finance more wars, that make some rich people richer so they can finance their reelections. “creeps” and other epithets are extremely appropriate in view of their game. These are smart people; they know what they are doing to us. (they don’t see us though, it’s like bomber pilots dropping bombs, all they see is a little poof)

Comparing the value of a dollar in 1961 ($.50) versus today ( 5 – 10 cents) we can compare the tax rates and equivalent dollars over the time from 1961 to now as follows; (50/10 + 50/5)/2 = 7.5 times. (I’m lost)

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Back to the main question, a tax of 34% on any family making more than $120,000, (16,000 X 7.5), and 91% on over $3,000,000, (400.000 X 7.5), would be equivalent to the tax rates we had in 1961. (91%?! Nobody wants that!  Wealthy folks should not pay more just because they are wealthy. , They should pay the same as we here in the trenches pay and take away their loopholes.  Perhaps those companies that profit from war should pay higher taxes.)These rates would go a long way to wiping out the deficit. I don’t have the figures, but it may even give us a surplus.

In fact, the tax rates in 1961 were too high because the rates still included the WW II repayments. (Our taxes included repaying the war debt? Now they want social security to pay the war debt?) When Kennedy reduced the rates it brought big expansion to the US economy, but it was accompanied by inflation which became intolerable by 1973 when Nixon brought out price controls, which did not work, by the way.

Reagan fixed inflation and brought us trickle down economics, which did not work, by the way. (It just brought a lot of drooling)

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Bush jr brought us cheap efficient wars, which do not end, by the way. (Cheap and efficient?  Fred, I believe your stabbing at humor here.)

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Reagan, Bush sr, Clinton. Bush jr, and Obama all brought us the global economy and cheap foreign goods at Wal Mart, Which do not last, by the way. (that is the plan?, buy crap that doesn’t last so you buy more crap.  This is not sustainable)

They also gave away our jobs, so we no longer work, by the way. (so we’ll be a bedroom society.  Let the rest of the world work while we figure out how to get disability.)

This is my final answer.  . . . I think.

We could fix the deficit if we balanced the long term budget by combining tax increases (much lower than 1961 rates), with reduced wasteful spending on senseless wars, control of medical costs and education costs, and getting organized money out of politics.

Fred
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(we need to put a cap on political donations.  $1000 per person and since corporations have been deemed “a person”  that’s all they can give too)

“Despair is the conclusion of fools” — Benjamin Disraeli
 

unions built America

Sunday, July 10th, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

Unions built America after their military service fighting to preserve it.

Americans for Prosperity and the US Chamber of Commerce

Thursday, June 30th, 2011

Mandatory arbitration is a part of every credit card and cell phone contract that you sign.  In so signing you agree to not take the card company or cell phone company to court.  Did you know that?   Tort reform makes it so companies are not found liable for harm.  They use the term frivolous but includes third degree burns and death.  An example of State mandated caps–> in West Virginia  miners are often killed in mining accidents their families can ask for and win millions, but the cap is about $10.000.   Susan Saladoff’s film “Hot Coffee” is effective and makes these confusing terms easy to understand.   Who would think the US government would allow this kind of abuse to happen to citizens of the USA?

This prompted some inquiry into lobbying groups who support arbitration, caps and tort reform.  Then you look up the politicians those lobby groups support and you realize why the government has allowed this abuse.

Two lobbying groups were made the focus–>Americans for Prosperity supported by Charles and David Koch and the US Chamber of Commerce which was created by US president William Howard Taft as a counterbalance to organized labor in  1912.  You may not realize that the US Chamber of Commerce is not a government agency it is a private astroturf  lobby.  (I’m not talking about football fields)

The term astroturf is the billionaire version of grassroots.   Astroturf coalitions are created and funded by corporations and industry trade associations.  They fund lobbying groups who’s job is to win over the middle class and manipulate facts.   Many describe (or disguise) themselves as public relations groups like Bonner and Associates.

In 2009, Jack Bonner and his Associates were working for the  American Coalition for Clean Coal Electricity (ACCCE) and were caught forging letters to Representative Tom Perriello. The letters were supposedly from true grassroots groups, like the  NAACP — urging him to oppose the Waxman-Markey Climate Bill.  Perriello is one of the co-sponsors of the Clean Water Protection Act. The Coal industry didn’t want this Act signed because it would slow the practice of Mountaintop removal.

Jack Bonner had his company design a fictitious web calculator.  This calculator convinced users the cost of fuel would rise exponentially if legislators signed the Kyoto treaty; while accusing real scientists of being eco-wacko.  They have pulled off the same brilliant shenanigans for pharmaceutical companies, Mobile oil, US tobacco, Citicorp and so forth. The Kochs love these guys and have them working for them through “Americans for Prosperity” and probably many others.

The US Chamber of Commerce seems to have morphed into a completely self-serving machine.  It is a private lobbying group funded by 45 billionaires.  Their common denominator is a dislike for public education and healthcare reform.  These billionaires love funding tort reform and judicial races.  The US Chamber of Commerce helped to shield AIG from liability lawsuits, funded the Tea-party in the 2010 midterm elections, distributed books on energy to children, funded the fight against SCHIP (healthcare for poor kids),  and so forth.  They are drooling over social security money and wanting to legally manipulate it by lobbying for social security, medicare and medicaid to be privatized.  They are funding politicians who get behind this agenda with their pens.  Rick Scott has quickly signed legislation to privatize medicaid in Florida.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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They are the conductor, we are the band.  If you don’t like the music, make your own.  Look up stuff and find out the truth.


If they keep taking…

Monday, March 14th, 2011

If they keeping taking from the middle class the American dream will cease to exist.


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We’ll exile ourselves to places like  Costa Rica, Italy, Germany and Norway for the same reasons our forefathers came to America.  Us worker bees will leave the tyrannical hedge fund managers and their big oil buddies to play with their —  own 401k’s.

It might be a good thing — no one left to fight their wars.  Perhaps they’ll stop booting out the illegal aliens;  who may be needed to clean their mansions and perform CPR on their stressed out hearts?

back to main street

Monday, September 13th, 2010

So what happened to President Obama?

President%20Obama.jpg

I knew we weren’t going to get much out of him re: the environment, it wasn’t high on his agenda.  I didn’t like his plan to expand oil drilling but I liked him getting our troops out of Iraq and providing health care.  I didn’t think he deserved the Nobel Peace Prize, but, I do like that the rest of the world seems to have a better view of us, because of him.  I guess when you get placed too high on a pedestal you fall hard and fast.  What has he done, or not done to make you so angry?

People who support our cool, private and formal President are up against a loud unified “tea-party”  Conservatives vs Liberals — one accusing the other of not staying on top of the facts. I’m glad our Liberal forefathers fought for our National Parks System, Medicare, Federal Highways, banning nuclear testing,  clean air and water, public schools, religious freedom, and being able to sit anywhere on the bus we want regardless of our skin color.  I am very grateful they stood up and fought the hard fight to provide these wonderful American ways of life for us.

Who were they fighting?  Who didn’t want these things?  Most people simply hate and fear the unknown.  There is no evil motivation. If you show them a plan for a better way they fight it, dealing with what they know is easier then figuring out a better way.   That thinking was manipulated by the powerful money handlers who were profiting from the unregulated timber industry or cheap child labor in factories.  Factory owners lobbied against mandatory education and the timber industry didn’t want National Parks.

Just like now, Corporate interests don’t want public healthcare available to all Americans and have convinced many Americans that the government is going to kill grandma and infiltrate their personal lives with this crazy healthcare for all scheme.  If healthcare was to become available to all Americans then  some  innovative Americans would go out and open a small business not needing corporate insurance benefits anymore. They don’t want that.

What did out conservative forefathers achieve for us?

Ronald Reagan played a big part in the USSR breaking apart and losing it’s power.  George HW Bush had a short successful war.  Nixon brought our troops home from Vietnam and re-opened trade with China — some may say China trade wasn’t such a good thing, because before that we made our own toasters and jeans.   Conservatives are pro-life and Christian.  They don’t like government intervention, they prefer corporate rule.  They refer to Liberals as elitists, I’m not sure where that came from.

As for me, I was raised in a Republican, military, Methodist, household.  My father hated “All in the Family” and he loved Nixon.  I remember sadness and tears in my household when Nixon resigned.  He said the presidency always involves covert happenings that the public has no business knowing.  In my mind, that, is big government and from that time on I silently went my own direction to find truths.  Nixon was big government and I think we should be much more afraid of his kind than of Obama.

Conservatives don’t like “Obamanomics” stimulus and infrastructure and all Americans having health insurance;  too costly. I say we need to work together to get jobs back in America.  Small business needs to prosper.  Corporate growth needs to stop being the impetus.  “Improving stockholder profits” needs to stop being our battle cry.  Americans need to move back into main street and open their hardware stores and butcher shops and make glassware in their small factories on the edge of town.  Stop hating and start coming up with solutions.  Yelling, table pounding, hate-filled accusations are  just counter productive exchanges of air

Stuff made in China is cheaper than American made stuff (for the most part) because the Chinese have little kids making it.  They don’t have rules.  No 40 hour work week with overtime.  No  clean air and water rules,  their factories pollute at will.  They don’t have a strong liberal front fighting for them.

We need to change our buying habits away from Target and Wal-Mart (unless they start stocking the shelves with American made products) and go back to main street.  Obama didn’t create this mess, I’m not sure he is doing everything right to fix it, but, I am sure it can’t be fixed without our participation.


I would gladly pay you Tuesday…

Saturday, August 21st, 2010

I asked many of my co-workers and friends what they know about the Federal Reserve. Some never heard of it and others just “stay out of politics”.  Congress either understands the Federal Reserve about as well as me and the people I work with or they understand it very well and use it for their own purposes.  My guess is there is a little of both.

Woodrow Wilson signed the Federal Reserve Act into law in 1913 with hopes of  keeping the American economy stable.  The great depression happened after the stock market crashed in 1929 so apparently it didn’t work.  Conspiracy theories portray that It worked out nicely for the guys funding the Federal Reserve.

By the way did you know Woodrow Wilson’s second wife Edith was a descendant of Pocahontas and he was instrumental in women gaining the right to vote as well as creating the IRS and involving us in WWI.

It seems that Wilson’s purpose, which was passed by congress, was to establish a system of banking that would remain independent but overseen by congress to protect the American economy.   My smart friend Fred says… ‘ There is evidence that no one in government or banking has been properly taught recently. At least they don’t seem to be interested in financial stability as much as in how to flip securities and create new “products” to flim-flam investors, other banks and foreign governments. ”

Oversight of the Federal Reserve is quite obviously an important issue that we need to understand and pay attention to.  As Fred stated “Money is a debt of the government with no interest rate. When you have a hundred dollar bill it means the government owes you a hundred dollars. You can take it to any bank and exchange it for another or a combination of smaller  currency or coin equal to $100.  You used to be able to get gold or silver but that was eliminated in 1933. Can you imagine trying to keep track of a $5 gold fleck?”

So, we can’t run around with little gold flecks in our pockets or chickens or buckets of oil or items of value so money is printed.  A loan from the government covered by the value of the US treasury which is manipulated by the individuals at the Federal Reserve.  We vote for congressmen to keep an eye on the Fed, AKA oversight.

In 1895, the Federal Treasury was nearly out of gold. President Grover Cleveland arranged for J.P. Morgan to create a private syndicate on Wall Street to supply the U.S. Treasury with $65 million in gold. JP Morgan pretty much owned the US treasury, as a consequence Cleveland, a democrat, angered his democratic constituents, and lost the presidency to Republican William McKinley.  Mckinley established gold as the only standard for redeeming paper money with the Gold Standard Act in 1900.  He was assassinated in 1901.

Another panic in 1907 was a financial crisis that almost crippled the American economy, yet again. Major New York banks were on the verge of bankruptcy and there was no mechanism to rescue them until Morgan stepped in, yet again and personally took charge, resolving the crisis.

Morgan organized a team of bank and trust executives which redirected money between banks.  A delicate political issue arose regarding the brokerage firm of Moore and Schley, which was deeply involved in a speculative pool in the stock of the Tennessee Coal, Iron and Railroad Company. Moore and Schley had pledged over six million of the Tennessee Coal and Iron (TCI) stock for loans among the Wall Street banks. The banks had called the loans, and the firm could not pay.  If Moore and Schley should fail, a hundred more failures would follow and then all Wall Street might go to pieces.  Too big to fail was going on back in 1907. Morgan decided they had to save Moore and Schley.

Vowing to never let it happen again, and realizing that in a future crisis there was not likely to be another Morgan, banking and political leaders, led by Senator Nelson Aldrich devised a plan that became the Federal Reserve System in 1913. The crisis underscored the need for a powerful mechanism, and Morgan supported the move to create the Federal Reserve System.  Yay!! it’ll never happen again and we don’t have to pay attention.  Then you may ask “Why did the great depression happen if the Federal Reserve System was established to protect the American economy”?  Well, either something evil was going on or just plain stupidity (on our part) and greed.

President Lincoln didn’t like the idea of a Central Bank and stated…

“The money powers prey upon the nation in times of peace and conspire against it in times of adversity. The banking powers are more despotic than a monarchy, more insolent than autocracy, more selfish than bureaucracy. They denounce as public enemies all who question their methods or throw light upon their crimes. I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe. Corporations have been enthroned, and an era of corruption in high places will follow. The money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in the hands of a few, and the Republic is destroyed.”

Shortly after he said this, he was assassinated.

Banks store our money for us so we don’t have to walk around with our wad in our boots.  It isn’t sitting in a vault waiting for us to come and get it.  The bank has devised ways to turn our little wad into a bigger wad for themselves through speculation and manipulation of fractional reserves (watch the video at http://www.youtube.com/watch?v=iYZM58dulPE to understand it better). They also extend credit to us based on our wad and make money off the interest.

We all need to treat our credit cards like a 30 day note, you borrow to get things you want in the immediate sense rather than having to wait for your next paycheck.  If you pay it back before the 30 days is up, you don’t have to pay interest, you just pay back what you borrowed. So we can live happily ever after surrounded by the ones we love.  Isn’t that the ultimate goal? for our money to buy our happiness? Like a patient said to me once “you never see a hearse pulling a U-haul”.

Feeding Seymour

Sunday, July 25th, 2010

I ran across a website that visually represented how much money BP lost due to the oil spill.   I was incredulous.  That much money exists?  It is a loss they plan to recoup.  How do you suppose they will make up the loss?

They have convinced us to drive bigger cars, drink our water from a bottle, use more plastic and carry on with war, any war.  Oil men love war.  War is what truly feeds Seymour.  You remember the insatiable plant from “Little Shop of Horrors”.  I liken the oil (and coal) industry to Seymour’s need to keep his plant alive.  In the beginning it was a nice fun little plant.  Harmless, at least relatively.  The plant like the oil industry has gotten so big it is devouring the planet through wars and plastic and large ships and cruise liners that carry us and our crap across oceans.


We are convinced that if we all pile on a giant boat together life will be more fun.  We are convinced that the stuff we have is not good enough.  It all needs to be replaced by better stuff.  Most of the stuff is plastic and plastic is made from oil and the plastic is brought to us on giant boats that require massive amounts of oil.  This insatiable need has been brought to you by the oil industry.

We can’t blame oil entirely.  Coal is what fuels this nations heat and air and lights.  The current grid was set up by the coal industry and subsidized by the US government.  It was harmless and useful in its beginnings.  What a blessing to have heat and air and light due to the fabulous grid work that traverses the nation.  Except, now it too is like Seymour’s plant.  Dividing and devouring and convincing us that nothing else will do.

So let me share the website that prompted this blog…

http://www.visualeconomics.com/what-bp-could-have-bought-with-all-the-money-they-lost/

I wrote to my smart friend Fred who gave me this reply…

BP ‘s profit last year was $16 billion. The year before was $22 Billion.
We gave one bank $150 billion of the $750 billion bank bailout.
Bernie Madoff swindled $65 billion from investors.

So you see in the world of business BP’s loss isn’t so much. Don’t feel sorry for them. Don’t think how much good this money could have done because it pales in comparison to the money we waste on wars. Iraq I believe was $1,000 billion. That’s 112 times what BP wasted.

When you look at it this way — it isn’t oil and coal that feeds Seymour’s plant.  Economics feeds the plant.  How often does economic advantage take precedence over doing good?  Goodness faces doom when it gets in the way of the economy.

What truly amazed me is that 3.4 billion dollars would buy an ice cream sandwich for everyone in the world and yahoo is worth 20 billion.  Wouldn’t it be cool if yahoo bought an ice cream sandwich for everyone in the world?  There is probably a soy version for the lactose intolerant.

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