let it go - the
smashed word broken
open vow or
the oath cracked length
wise - let it
go itwas sworn to
go
let them go - the
truthful liars and
the false fair friends
and the boths and
neithers - you must let them go they
were born
to go
let all go - the
big small middling
tall bigger really
the biggest and all
things - let all go
dear
so comes love
~ e. e. cummings ~
In June 2009, the Merrill Lynch Global Wealth Report concluded the number of millionaires in the US was 2.5 million people.1.In a nation of 306 million people, that's .8% unless you count the 13 to 15 million illegal immigrants, who also live work in the US. Certainly puts a new twist on that old talking point "1% pay 58% of all income tax." With one in 50 children homeless in the US, one has to wonder why they do not pay even more in if it is indeed true that one percent of all the people on Wall St. make ninety-nine percent of all the profits. 3.Such a tiny number of Americans benefit and thrive from the current way of doing things.
Our current federal bank/war economic model always will require a group of 'losers' to control inflation, that means minorities and women are first ones out even when things are going well, and today it is not. 2. I found this astounding and sad. Since our government can never directly offer services useful to us, in the name of preserving a 'capitalist' system, it instead stealthily manipulates the economy through 'defense' spending, (we are 5% of the world who spend 52% of the world's military spending) and industrial agriculture policies (monetization) that subsidize production and shipping beyond the loftiest dreams of any marxist.
Bizarre and disturbing are the cries from so many fellow citizens to deliver us from our current suffering by abandoning the enlightment ideals that founded the United States of America and relenqish democracy. "We are a republic, not a democracy," they say, quoting Pat Buchanan, (then what about the republics of China or Iraq under Sadam Hussein? Republic only means you have a president, it has nothing to do with balance of power) or, "once people are elected they can do whatever they want" These people are speaking in the interest of that 1% in a severe case of Stockholm syndrome, considering giving up their citizenship. Do not let yourself be distracted with race issues, or homosexual issues until we get to the root of the problem.
According to our senator Warner, The Federal Reserve's primary responsibility is to conduct monetary policy to achieve twin objectives: price stability and full employment. 4.Just in case you were not aware of the relationship between employment rate and inflation I think this author below offered an excellant explanation, but I do NOT agree with the conclusions this person comes to to fix the problems we face today. I am in favor of social insurance personally, not a libertarian facade for futher weakening our protection from corruption. " In strong and vibrant democracies, a generous social-welfare state is not a road to serfdom but rather to fairness, economic equality and international competitiveness. " Scientific American Magazine 5.
So what can we do to revive our democracy? What we are doing right now!
Quote:
A paper by Milton Friedman, published in the month before Dr. King spoke, and another by Edmund Phelps, published a few months later, gave reason to believe that in the long term, if unemployment falls below a certain rate, inflation speeds up, whereas if unemployment rises above that rate, inflation slows down. That magic unemployment number became known as the Non-Accelerating-Inflation Rate of Unemployment, usually abbreviated by the acronym NAIRU.By about 1980, during the term of Federal Reserve Chairman Paul Volcker, it was accepted that the aim of interest-rate policy was to create enough unemployment to exert enough downward pressure on wages to give stable (and low) inflation. That didn't mean that central bankers always aimed at a particular unemployment rate — the NAIRU — because they didn't always know what the magic rate was. But it did mean that the Fed concentrated on inflation and accepted whatever the unemployment outcome might be. And it did mean that the Fed would sometimes cite falling unemployment as a sign of rising inflationary pressure, which supposedly had to be checked by raising interest rates.While central banks determined interest rates, governments still had a role in setting other policies so as to minimize the NAIRU. But eventually that role was limited to making life for the unemployed as unpleasant as possible, in order to maximize wage restraint for any given unemployment rate, and defining an unemployed person as narrowly as possible, so that official statistics understated the extent of unemployment. (Attacking workers' wages and conditions is also widely advocated, but harder to do in a democracy. That's one reason why some people prefer dictatorship.)http://www.opednews.com/articles/opedne_gavin_r__080401_still_on_the_mountai.htm
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