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Friday last I had the honor of attendinding Grandpa Dine's Spiritual cleansing. I was in the circle with my grandpa and many wonderful Native brothers and sisters, whom made a special sacrifice to pray for grandpa all night long, from early evening untill the following day at sunrise.
ALL NIGHT LONG THERE WERE SACRED PRAYERS AND SONG FOR MY GRANDPA'S HEALTH AND WELL BEING. HE WAS ADMINISTERED THE MOTHER SEED PEYOTE AS THE PRAYERS AND SACRED SONGS WENT ON ALL NIGHT LONG. HIGH UP IN THE MOUNTAINS OF THE SANTA ISABEL RESERVATION.
Through the night until morning he took many teaspoons full of powdered mother seed and washed down with peyote tea. He was up all night on his ironwheeled horse. The experience for me was a highly memorable one. The sacred fire in the circle was kept going all night by the fireman, and the Roadman blessed him and I many times with Eagle feathers. As the Roadman prayed to Grandfather Spirit to cleanse the cancer from my Grandpa's body. The Roadman Glen Justky came all the way from a rez north of Casa Grande Arizona and he brought with him family members to assist with the entirety of the sacred ceremony.
I felt blessed just from being as one with our people and to have been under a beautiful starlit night on a mountain top as the coyotes serenaded us with their song, to have heard the crow of the roosters and see the birth of a new wonderful sunrise which became the first day of the rest of my Grandpa's life. He will live longer because the mother seed will cure him from his cancer, and Grandfather Spirit Creator of all will not allow my Grandpa to go home to Grandfather Spirit before his time.
I feel as if I have become one with all of our people and happy to be home.
ALL NIGHT LONG THERE WERE SACRED PRAYERS AND SONG FOR MY GRANDPA'S HEALTH AND WELL BEING. HE WAS ADMINISTERED THE MOTHER SEED PEYOTE AS THE PRAYERS AND SACRED SONGS WENT ON ALL NIGHT LONG. HIGH UP IN THE MOUNTAINS OF THE SANTA ISABEL RESERVATION.
Through the night until morning he took many teaspoons full of powdered mother seed and washed down with peyote tea. He was up all night on his ironwheeled horse. The experience for me was a highly memorable one. The sacred fire in the circle was kept going all night by the fireman, and the Roadman blessed him and I many times with Eagle feathers. As the Roadman prayed to Grandfather Spirit to cleanse the cancer from my Grandpa's body. The Roadman Glen Justky came all the way from a rez north of Casa Grande Arizona and he brought with him family members to assist with the entirety of the sacred ceremony.
I felt blessed just from being as one with our people and to have been under a beautiful starlit night on a mountain top as the coyotes serenaded us with their song, to have heard the crow of the roosters and see the birth of a new wonderful sunrise which became the first day of the rest of my Grandpa's life. He will live longer because the mother seed will cure him from his cancer, and Grandfather Spirit Creator of all will not allow my Grandpa to go home to Grandfather Spirit before his time.
I feel as if I have become one with all of our people and happy to be home.
Attention all Temecula Residents,
If you have any family members going to Vail elementry School, of Temcula Unified School District, you should be aware that there is a breakout of th swine flue and that it has been kept under wraps as far back as early June.
The first cases should have been reported to the CDC in Washington D.C. and Bethesda Maryland CDC.
It was not for obvious reasons. However since my little brother was exposed at the school and contracted the disease we are now all under order and guide lines from the CDC to stay Quarantined for the next 10 days. Two people have died from the disease in the County of Sandiego in the past month.
The Swine Flue is lethal if not treated.
The school district was not particularly in a hurry to make the report. Their main concern is to avoid a money loss from the federal subsidy they recieve for each child. My grandfather Dine' Warrior made a call to the CDC office in Washington DC and henceforth was passed on to the direction of the Bethesda Maryland office.
The School District of Temecula has not made it public to the parents of all the other students in the school.
Many of those children have brothers and sisters that go to middle School and Great Oaks Highschool. The disease can become a major epidemic if not properly handled. The sad part is that not all people have proper medical coverage and can not afford to take their children to the hopital emergency room to get treatment. The latter are the ones that may end up dead, and all because some money hungry school districts only care about the money and not the health of the students.
The Native American communities donate hundreds of thousands of dollars to the school districts in their areas every year, from Gaming on the Rez. I ask myself is it right for our people to be forking out money to the school districts if this is going to be their attitude. I do not think so. My grandfather Dine' Warrior will be going on a crusade to stop this practice, and to make it known to the shool districts that all children go there to recieve an education and not to be put in harms way by money grubbers, who do not care what happens to the children in their trust. No child should be exposed, Native American or other. I am writing this blog under guidance and direction of Grandpa Dine' Warrior.
The CDC is now aware and making sure that guide lines are being followed and will be watching closely that this type of behavior does not repeat, Grandpa Dine' Warrior is going to stay on top of this situation along with the CDC.
If you have any family members going to Vail elementry School, of Temcula Unified School District, you should be aware that there is a breakout of th swine flue and that it has been kept under wraps as far back as early June.
The first cases should have been reported to the CDC in Washington D.C. and Bethesda Maryland CDC.
It was not for obvious reasons. However since my little brother was exposed at the school and contracted the disease we are now all under order and guide lines from the CDC to stay Quarantined for the next 10 days. Two people have died from the disease in the County of Sandiego in the past month.
The Swine Flue is lethal if not treated.
The school district was not particularly in a hurry to make the report. Their main concern is to avoid a money loss from the federal subsidy they recieve for each child. My grandfather Dine' Warrior made a call to the CDC office in Washington DC and henceforth was passed on to the direction of the Bethesda Maryland office.
The School District of Temecula has not made it public to the parents of all the other students in the school.
Many of those children have brothers and sisters that go to middle School and Great Oaks Highschool. The disease can become a major epidemic if not properly handled. The sad part is that not all people have proper medical coverage and can not afford to take their children to the hopital emergency room to get treatment. The latter are the ones that may end up dead, and all because some money hungry school districts only care about the money and not the health of the students.
The Native American communities donate hundreds of thousands of dollars to the school districts in their areas every year, from Gaming on the Rez. I ask myself is it right for our people to be forking out money to the school districts if this is going to be their attitude. I do not think so. My grandfather Dine' Warrior will be going on a crusade to stop this practice, and to make it known to the shool districts that all children go there to recieve an education and not to be put in harms way by money grubbers, who do not care what happens to the children in their trust. No child should be exposed, Native American or other. I am writing this blog under guidance and direction of Grandpa Dine' Warrior.
The CDC is now aware and making sure that guide lines are being followed and will be watching closely that this type of behavior does not repeat, Grandpa Dine' Warrior is going to stay on top of this situation along with the CDC.
There there has been a lot of research conducted on how and why youths are not interested in mainstream politics and voting. The latter is not a phenomenon
Under-age future voters should have the chance to learn about the parties and their platforms. However there is little interest from the adult voters when it comes to seeing what we think about regarding politics. It seems that the only time we are taken into consideration is on election years and major campaigns. When it comes to canvassing areas for adults in local state and national campaigns we are asked to participate. We end up doing a lot of the dirty work along with the footwork. After the election is over it is as if we no longer exist.
I ask the enlightened here, if you have any ideas or suggestions on the matter, to come forward and make your views heard.
I say please give us a fair taste of the mainstream politics and better educate us on the matter so that those among us whom are apathetic can become genuinly interested and do our civic duty gladly as we progress and mature. We are mostly affected because we technically have no say.
We work gladly doing what is called the dirty work in the hope of having our needs met through proper representation. Sadly after the elactions we are not taken into any consideration at all.
It is the hope of a majority of youths that we are given a true taste of politics, so that the apathetic become more engaged and interested enough to cast real ballots when they turn 18. What do you think?
If I am wrong please correct me?
Respectfully
Little Dine' Warrior
Under-age future voters should have the chance to learn about the parties and their platforms. However there is little interest from the adult voters when it comes to seeing what we think about regarding politics. It seems that the only time we are taken into consideration is on election years and major campaigns. When it comes to canvassing areas for adults in local state and national campaigns we are asked to participate. We end up doing a lot of the dirty work along with the footwork. After the election is over it is as if we no longer exist.
I ask the enlightened here, if you have any ideas or suggestions on the matter, to come forward and make your views heard.
I say please give us a fair taste of the mainstream politics and better educate us on the matter so that those among us whom are apathetic can become genuinly interested and do our civic duty gladly as we progress and mature. We are mostly affected because we technically have no say.
We work gladly doing what is called the dirty work in the hope of having our needs met through proper representation. Sadly after the elactions we are not taken into any consideration at all.
It is the hope of a majority of youths that we are given a true taste of politics, so that the apathetic become more engaged and interested enough to cast real ballots when they turn 18. What do you think?
If I am wrong please correct me?
Respectfully
Little Dine' Warrior
For those of you that have aspirations of becoming Public Servants in the not distant future, contact (kalyn@indnslist.org).
indnslist.org was founded by Kaylyn Free of the Shoshone Nation for the soul purpose of assisting Native Americans in reaching their goals to become public servants. If you believe you are made of the right material to become an honest public servant get in touch with Kaylyn. Her foundation is strictly to help and asist Native Americans recieve the support and preparation to be launched to public service after taking part of the internship offered by the indnslist.org.
I myself will become an intern with indnslist upon graduating from highschool and turning 17 years of age. Internship is for a minimum of two years at the Morongo Nation Rez.
The organization is not limited to youths, but also adults that are running for office at whichever level, from among Native America.
Todd Gloria from the Alaskan Tribes is now a public servant in the City of San Diego. He is one of the alumni from indnslist, and truly a success story. He is not the only one.
Take care all and may the Great Spirit shower you with blessings.
Sincerely your friend.
Respectfully Little Dine' Warrior
indnslist.org was founded by Kaylyn Free of the Shoshone Nation for the soul purpose of assisting Native Americans in reaching their goals to become public servants. If you believe you are made of the right material to become an honest public servant get in touch with Kaylyn. Her foundation is strictly to help and asist Native Americans recieve the support and preparation to be launched to public service after taking part of the internship offered by the indnslist.org.
I myself will become an intern with indnslist upon graduating from highschool and turning 17 years of age. Internship is for a minimum of two years at the Morongo Nation Rez.
The organization is not limited to youths, but also adults that are running for office at whichever level, from among Native America.
Todd Gloria from the Alaskan Tribes is now a public servant in the City of San Diego. He is one of the alumni from indnslist, and truly a success story. He is not the only one.
Take care all and may the Great Spirit shower you with blessings.
Sincerely your friend.
Respectfully Little Dine' Warrior
I ask that all adults here refrain from joining this group. It is strictly for youths under 22 years of age.
I do ask that all elders and adults on this site blog on this group as often as possible.
As the future leaders of America, we can not achieve our goals without the advice of the well versed and enlightened on this site.
I pray the Great Spirit Bless you all.
Very Rerspetfully
Little Dine' Warrior.
http://www.democrats.org/page/group/NationalDemYouthCaucas
http://www.democrats.org/page/group/NationalDemYouthCaucas
I do ask that all elders and adults on this site blog on this group as often as possible.
As the future leaders of America, we can not achieve our goals without the advice of the well versed and enlightened on this site.
I pray the Great Spirit Bless you all.
Very Rerspetfully
Little Dine' Warrior.
http://www.democrats.org/page/group/NationalDemYouthCaucas
http://www.democrats.org/page/group/NationalDemYouthCaucas
I just want to wish you all a happy belated birthday to all whom have been blessed with a birthday in the past few days. I have over two thousand friends on my network and it is very hard to keep up. I am getting ready to start school this monday and am looking forward to getting started. I am now a sophmore and looking forward to graduate early by taking advanced courses at Great Oaks High.
When I become 17 I will be going for my Political Science internship with the Morongo Nation and upon completion I will be launched for my first Public Servant job by indnzlist.org.
I pray the Great Spirit illuminate me and guide me so that I can become a good public servant and a dedicated servant to my fellowman, Native American as well as All citizens of our great nation.
I have joined just about as many groups as possible on this site. It is part of my political science major course of study. I hope that I am not removed from the groups, for not being an immediate local. However I have many family members all over our nation and specially among Native America all over. reason for which I joined these groups. We keep in contact and urge our fellow Native Americans in the areas to support fully the Dem candidates in your states and districts. May the Great Spirit Creator Bless you all.
Special greetings to grandma Spirited Donna, Vydia, Maryanne and all the mutual friends of my mentor and myself, Grandpa Dine' Warrior. Your friend always.
Sincerely Little D.
When I become 17 I will be going for my Political Science internship with the Morongo Nation and upon completion I will be launched for my first Public Servant job by indnzlist.org.
I pray the Great Spirit illuminate me and guide me so that I can become a good public servant and a dedicated servant to my fellowman, Native American as well as All citizens of our great nation.
I have joined just about as many groups as possible on this site. It is part of my political science major course of study. I hope that I am not removed from the groups, for not being an immediate local. However I have many family members all over our nation and specially among Native America all over. reason for which I joined these groups. We keep in contact and urge our fellow Native Americans in the areas to support fully the Dem candidates in your states and districts. May the Great Spirit Creator Bless you all.
Special greetings to grandma Spirited Donna, Vydia, Maryanne and all the mutual friends of my mentor and myself, Grandpa Dine' Warrior. Your friend always.
Sincerely Little D.
Fundamentalists regardless of the scripture that they cling to are simply incapable of deviating from their well worn paths; they passionately adhere to a dogma driven philosophy regardless of outcome.
What is true? What is false? Politicians wedded to a political ideology are exclusively focused upon instilling a uniform public mindset. Any individual viewpoints that are inconsistent with those espoused by the political, business, and intelligentsia elite are targeted for ‘vaporization’.
Regardless of which media inspired label you’ve chosen to proudly wear – disavow it, tear it off now! There’s a whole plethora of them: conservative, liberal, moderate, Libertarian, Socialist, Democrat, Republican, the list is endless. Why proudly proclaim a faith in something that repeatedly fails to deliver and forces you to adhere to an ideology that denigrates you’re other divergent viewpoints? Why proudly belong to political parties that consistently disregard the demands of the people in order to faithfully execute the edicts of their business masters?
The fact of the matter is the majority of people are apolitical, love their country, expect results over excuses, unflinchingly adhere to realism, don’t believe you can get something for nothing, and understand the importance of strong communities. We don’t get out of bed every morning with a burning desire to distort the truth, spin lies, spend money we don’t have keeping a rich neighbor’s bank flush with an unlimited supply of cash, or asking the well-off in our communities to support our extravagant wants in return for favors that ultimately would destroy or impoverish the lesser off in our communities.
That’s right we’re all generally decent people. So why do we constantly align ourselves with malignant organizations that destroy all that is decent in the pursuit of squeezing more from those with the least to give? These organizations have their tentacles lunged deep into our democracies; they will not release them until they have turned blue and have exhaled their last breath.
What is true? What is false? Politicians wedded to a political ideology are exclusively focused upon instilling a uniform public mindset. Any individual viewpoints that are inconsistent with those espoused by the political, business, and intelligentsia elite are targeted for ‘vaporization’.
Regardless of which media inspired label you’ve chosen to proudly wear – disavow it, tear it off now! There’s a whole plethora of them: conservative, liberal, moderate, Libertarian, Socialist, Democrat, Republican, the list is endless. Why proudly proclaim a faith in something that repeatedly fails to deliver and forces you to adhere to an ideology that denigrates you’re other divergent viewpoints? Why proudly belong to political parties that consistently disregard the demands of the people in order to faithfully execute the edicts of their business masters?
The fact of the matter is the majority of people are apolitical, love their country, expect results over excuses, unflinchingly adhere to realism, don’t believe you can get something for nothing, and understand the importance of strong communities. We don’t get out of bed every morning with a burning desire to distort the truth, spin lies, spend money we don’t have keeping a rich neighbor’s bank flush with an unlimited supply of cash, or asking the well-off in our communities to support our extravagant wants in return for favors that ultimately would destroy or impoverish the lesser off in our communities.
That’s right we’re all generally decent people. So why do we constantly align ourselves with malignant organizations that destroy all that is decent in the pursuit of squeezing more from those with the least to give? These organizations have their tentacles lunged deep into our democracies; they will not release them until they have turned blue and have exhaled their last breath.
I greet all our mutual friends. I am happy to announce that on the weekend of September 11 through the 14th, Little Dine' Warrior will be dancing the Gord Dance and other ceremonial dances at the Pow Wow for the first time. He will be in full regalia along with the members of the Soaring Eagles, whereby I hope that all of you that are in the general area of San Diego County will be able to attend the Pow Wow.
The Head Pow Wow Woman Mrs Arnita Swanson will be one of the Honored guests at the Pow Wow.
Arnita is better known as Grandma Sioux.
I hope that those of you that live in Southern California will honor us with your presence. I also extend the invitation to those of you that happen to be visiting Southern Calif to come join us.
I am very proud of my grandson Little Dine' Warrior, he has grown considerably and is a very patriotic and respectful young warrior. He is a long time member of the JRAFROTC and is quite active in the community visiting hospitalized veterans at the local VA hospital.
He has also recieved recognition from the VA Volunteer Services Director and staff for his unselfish involvement bringing a smile to many Hospitalized Vets that are in the Community Living Section of the Va, whom for the most part have no family left to care for them.
I hope that you can all attend the Pow Wow At the Sycuan Rez 11 th through the 14th of September 2009..
May the Great Spirit Bless you all Highly.
I am still in fasting and preparation for my Peyote Cleansing Ceremony coming up on the weekend of the 21st of this month. I have faith the mother seed Peyote will cure me of my terminal Cancer.
My Little Dine' sends his regards to all here, the best people that ever graced our mother Earth. The Democrats and their leadership.
Dine' Warrior.
The Head Pow Wow Woman Mrs Arnita Swanson will be one of the Honored guests at the Pow Wow.
Arnita is better known as Grandma Sioux.
I hope that those of you that live in Southern California will honor us with your presence. I also extend the invitation to those of you that happen to be visiting Southern Calif to come join us.
I am very proud of my grandson Little Dine' Warrior, he has grown considerably and is a very patriotic and respectful young warrior. He is a long time member of the JRAFROTC and is quite active in the community visiting hospitalized veterans at the local VA hospital.
He has also recieved recognition from the VA Volunteer Services Director and staff for his unselfish involvement bringing a smile to many Hospitalized Vets that are in the Community Living Section of the Va, whom for the most part have no family left to care for them.
I hope that you can all attend the Pow Wow At the Sycuan Rez 11 th through the 14th of September 2009..
May the Great Spirit Bless you all Highly.
I am still in fasting and preparation for my Peyote Cleansing Ceremony coming up on the weekend of the 21st of this month. I have faith the mother seed Peyote will cure me of my terminal Cancer.
My Little Dine' sends his regards to all here, the best people that ever graced our mother Earth. The Democrats and their leadership.
Dine' Warrior.
I am Dine Warrior and am thankfull to the Great Spirit for the oportunity to be again blogging here on Little Dine,s Party Builder pages. I have been away for quite some time in the land of shadows between the living and the dead. I have regained control of not only one limb but both and can now handle a key board much better versus previously with only one hand.
To many of you here at this point I may be a stranger, however there are still many here whom remember me. I am the Grandfather of Little Dine' warrior.. I still have stage four cancer and will soon be cleansed through the Native American Church of my cancer with the mother seed Peyote.
This event will take place on the third weekend of August at the Santa Isabel Reservation. I invite all of my Native American friends here to join me for my ceremony. If you are from afar and will be in the area at that time I will be highly honored if you can attend. If you are from near the area and are able to attend I will also be highly honored.
Regardfless of the situation whether you are able to attend or not due to previous engagements or the imposibility of attending, I will still be praying for all of you as I will be for all my family and close friends so that they can recieve blessings from the Great White Spirit Creator and always walk with beauty before you, to the back of you, above you and below you to the right of you as well as your left.
I will be praying that all your troubles go away and the great Spirit shower you all with health, love, happiness and that you have all your needs met. This invitation is not only for the Native Americans whom I have befriended here on this site, it is also for all non natives whom are here. I extend welcome and wish blessings and all good tidings to the new mwmbers of the Party Builder.
I pray that those of you that remember me drop me a note or comment on this invitation, and I offer my humble friendship to all the new people here. Little Dine Warrior is at my side now and he sends his best regards to all here and wants to make it known to all new members of the party builder he would enjoy their friendship in his humble friendship network.
MAY THE GREAT WHITE SPIRIT CREATOR OF ALL BLESS YOU.
SINCERELY YOUR FRIEND, DINE' WARRIOR.
Post Data
For directions to Santa Isabel Reservation drop me a note. I will give you all the necessary info, or call me at cell 619 399-6626
To many of you here at this point I may be a stranger, however there are still many here whom remember me. I am the Grandfather of Little Dine' warrior.. I still have stage four cancer and will soon be cleansed through the Native American Church of my cancer with the mother seed Peyote.
This event will take place on the third weekend of August at the Santa Isabel Reservation. I invite all of my Native American friends here to join me for my ceremony. If you are from afar and will be in the area at that time I will be highly honored if you can attend. If you are from near the area and are able to attend I will also be highly honored.
Regardfless of the situation whether you are able to attend or not due to previous engagements or the imposibility of attending, I will still be praying for all of you as I will be for all my family and close friends so that they can recieve blessings from the Great White Spirit Creator and always walk with beauty before you, to the back of you, above you and below you to the right of you as well as your left.
I will be praying that all your troubles go away and the great Spirit shower you all with health, love, happiness and that you have all your needs met. This invitation is not only for the Native Americans whom I have befriended here on this site, it is also for all non natives whom are here. I extend welcome and wish blessings and all good tidings to the new mwmbers of the Party Builder.
I pray that those of you that remember me drop me a note or comment on this invitation, and I offer my humble friendship to all the new people here. Little Dine Warrior is at my side now and he sends his best regards to all here and wants to make it known to all new members of the party builder he would enjoy their friendship in his humble friendship network.
MAY THE GREAT WHITE SPIRIT CREATOR OF ALL BLESS YOU.
SINCERELY YOUR FRIEND, DINE' WARRIOR.
Post Data
For directions to Santa Isabel Reservation drop me a note. I will give you all the necessary info, or call me at cell 619 399-6626
How should we handle North Korea? I was stationed on the DMZ and North Korea still thinks that the war is still going on. They would still our mail and read it aloud on loud speakers. Just wanted to start a thred to get other's view.
Wherever you are today is a product of your old way of thinking and acting. Whatever result you have around you is a reflection, not just of your environment but also of your inner thoughts.
It goes without saying therefore that if you must move to a higher level and enter your wealthy place, your old way fo thinking has to be dropped for a new one. The quality of your thoughts and vision must be raised to the level where it can produce and handle the wealth...
When people meet you or interact with you there are conclusions they draw based on the wealth of what comes out of your mind. The strength to handle losses, the capacity to think broadly will be dependent on how your mind has been trained.
When (some) wealthy people with the right mindset lose wealth for example, they tend to gain it back because of the kind of habits and thought patterns they have formed. During a slow economic period in Asia, a gentlemen who had lost about 4 billion dollars as a result of having all of his stocks and shares wiped out, was seen a couple of days later playing golf. When asked why didn't he lose his mind and why was he playing golf, his remark/response was that he knew what he did to gain the wealth and he KNOWS what to do gain it back again.
-Matthew Ashimolowo
As A Man Thinks In HIS Heart... SO IS HE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
It goes without saying therefore that if you must move to a higher level and enter your wealthy place, your old way fo thinking has to be dropped for a new one. The quality of your thoughts and vision must be raised to the level where it can produce and handle the wealth...
When people meet you or interact with you there are conclusions they draw based on the wealth of what comes out of your mind. The strength to handle losses, the capacity to think broadly will be dependent on how your mind has been trained.
When (some) wealthy people with the right mindset lose wealth for example, they tend to gain it back because of the kind of habits and thought patterns they have formed. During a slow economic period in Asia, a gentlemen who had lost about 4 billion dollars as a result of having all of his stocks and shares wiped out, was seen a couple of days later playing golf. When asked why didn't he lose his mind and why was he playing golf, his remark/response was that he knew what he did to gain the wealth and he KNOWS what to do gain it back again.
-Matthew Ashimolowo
As A Man Thinks In HIS Heart... SO IS HE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The president ordered Treasury Secretary Timothy Geithner to use every legal means to recover the bonus money from AIG. If it is not repaid, it will be deducted from the company's next bailout payment. The House decided to extract its own revenge by passing a bill that would impose a tax of up to 90 percent on the AIG bonuses and on the bonuses of anyone making more than $250,000 a year who works for a financial institution receiving more than $5 billion in bailout funds.
"I mean you're a constitutional law professor," Kroft remarked. "You think this bill's constitutional?"
"Well, I think that as a general proposition, you don't wanna be passing laws that are just targeting a handful of individuals. You wanna pass laws that have some broad applicability. And as a general proposition, I think you certainly don't wanna use the tax code to punish people," the president replied. "I think that you've got an pretty egregious situation here that people are understandably upset about. And so let's see if there are ways of doing this that are both legal, that are constitutional, that upholds our basic principles of fairness, but don't hamper us from getting the banking system back on track."
"You've got a piece of legislation that could affect tens of thousands of people. Some of these people probably had nothing to do with the financial crisis. And some of them probably deserve the bonuses that they got," Kroft said. "I mean is that fair?"
"Well, that's why we're gonna have to take a look at this legislation carefully. Clearly, the AIG folks gettin' those bonuses didn't make sense. And one of the things that I have to do is to communicate to Wall Street that, given the current crisis that we're in, they can't expect help from taxpayers but they enjoy all the benefits that they enjoyed before the crisis happened. You get a sense that, in some institutions, that has not sunk in; that you can't go back to the old way of doing business, certainly not on the taxpayers' dime," Obama said. "Now the flip side is that Main Street has to understand, unless we get these banks moving again, then we can't get this economy to recover. And we don't wanna cut off our nose to spite our face." http://www.cbsnews.com/stories/2009/03/18/60minutes/main4873938.shtml
"I mean you're a constitutional law professor," Kroft remarked. "You think this bill's constitutional?"
"Well, I think that as a general proposition, you don't wanna be passing laws that are just targeting a handful of individuals. You wanna pass laws that have some broad applicability. And as a general proposition, I think you certainly don't wanna use the tax code to punish people," the president replied. "I think that you've got an pretty egregious situation here that people are understandably upset about. And so let's see if there are ways of doing this that are both legal, that are constitutional, that upholds our basic principles of fairness, but don't hamper us from getting the banking system back on track."
"You've got a piece of legislation that could affect tens of thousands of people. Some of these people probably had nothing to do with the financial crisis. And some of them probably deserve the bonuses that they got," Kroft said. "I mean is that fair?"
"Well, that's why we're gonna have to take a look at this legislation carefully. Clearly, the AIG folks gettin' those bonuses didn't make sense. And one of the things that I have to do is to communicate to Wall Street that, given the current crisis that we're in, they can't expect help from taxpayers but they enjoy all the benefits that they enjoyed before the crisis happened. You get a sense that, in some institutions, that has not sunk in; that you can't go back to the old way of doing business, certainly not on the taxpayers' dime," Obama said. "Now the flip side is that Main Street has to understand, unless we get these banks moving again, then we can't get this economy to recover. And we don't wanna cut off our nose to spite our face." http://www.cbsnews.com/stories/2009/03/18/60minutes/main4873938.shtml
We may never recover from this hole they dug.
But we will climb to the top with a American tug.
The republican party have destroyed all that matters
They deserve nothing more but to hold the damn ladder.
But his voice did change, along with a smile.
Thinking of the bills that soon would be filed.
Protect those who are old and young alike
Restore our honor and our military might.
Protect our planet, and clean our air.
While creating a surplus we can leave to our heirs
Fix our economy, and health care for all.
And honor those who fought, and those who fall.
Obama sprang to his feet, to his team he gave a shout.
The challenges seem impossible, hard work needed no doubt
But I heard him exclaim ere he talked and ran.
Hey! It's not just a slogan, YES WE CAN!
But we will climb to the top with a American tug.
The republican party have destroyed all that matters
They deserve nothing more but to hold the damn ladder.
But his voice did change, along with a smile.
Thinking of the bills that soon would be filed.
Protect those who are old and young alike
Restore our honor and our military might.
Protect our planet, and clean our air.
While creating a surplus we can leave to our heirs
Fix our economy, and health care for all.
And honor those who fought, and those who fall.
Obama sprang to his feet, to his team he gave a shout.
The challenges seem impossible, hard work needed no doubt
But I heard him exclaim ere he talked and ran.
Hey! It's not just a slogan, YES WE CAN!
Twas the Night Before Inauguration
By John Cobarruvias
BayAreaHouston.blogspot.com
T'was the night before inauguration and what to my dismay
The market was tanking, I lost my 401K!
The stocks were hung, in downfall they stuck
While Bush did nothing, a truly lame duck
The republicans were nestled, their heads in the sand
With visions of defeat of the republican brand.
And Cheney with his gun, his heart a pace
Looking for someone, to shoot in the face.
When out on the house floor, there came such a clatter
I sprang to the internets to find what's the matter.
Away to my screen I ran with a flash
Hoping the market, didn't crash.
The moon on the breast of the new fallen snow
Showed me someone I needed to know.
When what to my eyes, I paused, with a comma
But a vision of hope, It was Barack Obama!
With excitement and conviction in each of his steps
I wondered what he and his el ves, w ould do next.
More rapid than eagles his appointments they came
And he whistled and shouted, and called them by name.
Now Emanuel! Now, Dashle! Now Richardson and Biden!
On, Clinton , On Napolitano, and Gates, no sense in hiding!
To fix the economy, our reputation and more.
And to stop the killing of this unnecessary war.
As Obama stood still, the republicans they trembled
Remembering 8 years of a disaster they had assembled.
They've broken our banks, and doubled our debt.
They scared us to death with weapons of threats.
They squandered a surplus, They started a war.
They shredded our constitution, littered on the floor.
They attack our unions, our immigrants and those who are gay.
They claim to be Christians, yet on the sick they prey.
By John Cobarruvias
BayAreaHouston.blogspot.com
T'was the night before inauguration and what to my dismay
The market was tanking, I lost my 401K!
The stocks were hung, in downfall they stuck
While Bush did nothing, a truly lame duck
The republicans were nestled, their heads in the sand
With visions of defeat of the republican brand.
And Cheney with his gun, his heart a pace
Looking for someone, to shoot in the face.
When out on the house floor, there came such a clatter
I sprang to the internets to find what's the matter.
Away to my screen I ran with a flash
Hoping the market, didn't crash.
The moon on the breast of the new fallen snow
Showed me someone I needed to know.
When what to my eyes, I paused, with a comma
But a vision of hope, It was Barack Obama!
With excitement and conviction in each of his steps
I wondered what he and his el ves, w ould do next.
More rapid than eagles his appointments they came
And he whistled and shouted, and called them by name.
Now Emanuel! Now, Dashle! Now Richardson and Biden!
On, Clinton , On Napolitano, and Gates, no sense in hiding!
To fix the economy, our reputation and more.
And to stop the killing of this unnecessary war.
As Obama stood still, the republicans they trembled
Remembering 8 years of a disaster they had assembled.
They've broken our banks, and doubled our debt.
They scared us to death with weapons of threats.
They squandered a surplus, They started a war.
They shredded our constitution, littered on the floor.
They attack our unions, our immigrants and those who are gay.
They claim to be Christians, yet on the sick they prey.
We don�t need politicians with ideas imported that are more pertinent else where, nor the self-serving blue dogs nor red dogs dogmas though there is need for proactive Democratic Party presence. A proactive Democratic Party presence that is not confined but is regional and permanent in nature which will not be achieved with any short term approach. Read More »
With each cycle of the income crisis negative feedback loop an accelerating economic decline moves the global economy spiraling downwards into an abyss that will eventually end in total economic collapse. Systemic declining real wages starting over 40 years ago has laid the fragile foundation that fed a continuing drop in consumption when credit could no longer be a sustainable proxy for income among low to middle wage earners. Even if credit was suddenly available - average Americans are already highly over leveraged. These factors triggered a negative feedback loop of declining real income available to 95% of the citizenry, falling consumption directly proportional to falling incomes, and declining business revenue accompanied by job lay-offs & retail price declines (deflation) all completing each successive feedback loop cycle. All along the course of the feedback loop cycle theses effects oscillate across the general economy in a continual downward slope of economic decline that translates into falling GDP and national capital stock destruction that occurs at an ever increasing exponential rate.
Reversing an income crisis 'drain spiral' becomes more difficult with the passage of time since unemployment and capital stock destruction exponentially increases across a number of income crisis negative feedback loop cycles. The longer a government waits to enact substantial fiscal stimulus targeted at low to middle income citizens the more and more 'income emaciated' these citizens become thus making it much more difficult to push the entire economy up out of the income crisis spiral.
Eventually, the nation's capital stock becomes so inconsequential from an economic perspective and the number of citizens who are unemployed so numerous that the government becomes the sole income generating agent (presumes the government has infused the economy with insufficient fiscal stimulus and/or is still making government expenditures into the private sector) in an extinct standalone private economy that has reached the terminus in an income crisis deflationary economic spiral.
Reaching the terminus point is a foregone conclusion without substantial (10% of GDP) government fiscal stimulation of the 'real' economy. At this terminus point economic activity in the country has been completely extinguished from successive negative feedback cycles down economic gradients with ever accelerating declines in GDP and national capital stock destruction.
Infusing the supply side (financial sector - or top of the pyramid) with government bailout capital will do absolutely nothing (covered in many of my previous essays) to get the 'consumption engine' of an 'income starved' economy running again. Effectively, there is no substitute for bold decisive action on the part of government policy makers in implementing a substantial fiscal stimulus program that immediately creates sufficient stable employment (not a token number of jobs) at a sustainable higher tier private sector wage rate. This must be immediately followed up with rebuilding the nation's capital stock to pre-income crisis levels through infrastructure investment in an industrial base that lends itself towards taking advantage of a nation's competitive advantage in multiple areas. In the case of the United States it has been determined that long term stimulus investments (substantial) that target the creation of a 'Green Industry' sector would have the potential of employing millions of Americans across all professions within two main program branches comprised of manufacturing and delivery. Subsidiary industries would also be created either directly through government and/or private sector capital infusions that would ultimately employ a cross section of every professional occupation group that has been placed on the unemployment rolls during this income crisis.
The global community has so little time left in which to act decisively. We are racing ever faster with each passing day down a cold dark abyss towards the terminus of economic collapse. We must act now, not later.
Posted on my blog 11/5/2008 at:
http://structuraleconissues.blogspot.com/
It's impossible to conclude that our economic environment is not subject to the same diversity that comprises our natural environment. Given that an economy is a subset of the society that wrests itself from an unforgiving natural world riddled with chaos, why do some branches of economic thought continue to rationalize humankinds pecuniary endeavors down to neat tightly, clean, predictable outcomes. The structure of an economic system must reflect the multifaceted and diverse characteristics of the world in which it operates - a world of varying personalities all interacting in incoherent ways.
Our universe is not clean and orderly it-s very, very messy - nothing ever seems to work out according to the best conceived plans. It is therefore imperative that we not endeavor to extend our subconscious world view of tidy, neatly trimmed 'lawns' to any natural substrate in the living breathing messy struggle for life. There are no 'lawns' of perfectly crafted conception in nature so why extend the improbable to a natural world substrate? A prairie ecosystem is full of tall grass of varying varieties, riddled with ground squirrel holes, snakes in some regions, muck, and a variety of wildlife not allowed to intrude into our comfortable neat complacent checkerboard communities. But the interaction between the two does result in changes that affect both.
Similarly, our economic system must reflect the realities or 'ground truth' inherent in the natural environment, societal structure, and impractical, irrational interspersed behavior of the human substrate. So why continue to refine any economic model based upon illusion by further perturbing an already tumultuous society by injecting policies that don't align with any existing observable dynamic?
Over the past few years we've been led to believe that the Laissez-faire neoclassical economic realm of illusory conceptualization would translate into this wonderful world guided by some 'invisible hand'. Ours would be a service sector oriented economy never again requiring the utilization of dirty hands, and strong muscles. Every citizen would magically be endowed with all the necessary intellect, desire, and personality to expand the service sector into the preeminent sector of employment. There was just one problem with the distorted nation state competitive advantage simplistic view of our globe - it still left a substantial segment of our population underemployed, and unemployed because they just didn't fit into the special mold of a service sector laborer.
Expanding the concept of competitive advantage outside of its original boundaries centered in a particular industry was just another attempt to mold reality (only perceptually achievable by propaganda) to fit illusion. Over the past few decades we've been deluding ourselves into thinking that a viable economy can function stripped of its manufacturing sector. It has become abundantly evident that an economic system crafted for the benefit of the larger community cannot operate solely as a service sector economy devoid of a sustainable manufacturing base.
Competitive advantage must mold both the service sector and manufacturing components across industry segments that are jealousy defended by national policies within a completely economically integrated world. No economy can be sustained under just one of these core economic components they both must be merged together in order to achieve some semblance of economic and societal sustainability & stability.
We have witnessed the effective subversion of an already inherently unsustainable service sector nation-state competitive advantage model into something contrived and contorted beyond its illusory construct. Perpetuated by the 'information age' propagandists we were led to believe that an economy could be solely built upon a technologically oriented service sector. Factories were no longer needed within an economy based solely upon intellectual labor. The problems with this early nation-state competitive advantage centered model were three fold. First, it was myopically constrained to a nation-state centric advantage that never expanded across borders. Secondly, it failed to account for the unpredictable effects of human behavior within a tumultuous greed enhanced global society. Thirdly, as already conveyed, the competitive advantage of a technologically oriented service sector was too broad in scope to be maintained at the nation-state level.
But what mutated from this touted elegant distortion of reality was driven by the second factor, the uncontrollable greed educed by Laissez-faire religious tenants that encouraged human behavior contrary to the maintenance of sustainable and stable communities. Any behavior was permissible in the corruptly focused short-term greed addicted behavioral state. What evolved was a belief system built around the individual to the exclusion of the community a credo that any means was justified even the 'slash and burn' pillage of entire nation-states to fulfill the unquenchable desires of the few wealthy elite. Labor arbitrage became the 'club' of choice wielded by the 'strong arms' of an army of mercenary lobbyists fielded to sustain the wealthy fiefdom's ability to exploit workers by any means imaginable.
With so many interconnected messy threads weaving throughout our society, class consciousness, across unique behavioral responses to stimuli, and the turbulent at times dangerous physical world we inhabit it is abundantly clear that any economic theories must be conceived in the forge of reality. It is a reality that recognizes a simple requirement of all human beings - fairness. Without fairness or some form of equity, infused with equality the best conceived seemingly realistic policies will be nothing more than distorted illusion cloaked in a thin veil of reality. Human beings are very adept at perceiving whether certain aspects of their societal framework is fair, or slanted towards the interests of those ultimately in control. No amount of 'packaging' will deceive a community of citizens over the 'long haul' - this is aptly reflected in the current rejection by the general populous of the trickle down supply-side greed based economics benefiting the few practiced over the last few years.
Quakers believe that we are all our brothers keeper, that when we act in the best interests of our fellow human beings we serve the better interests of our communities. Thus, realizing that in order for a sustainable, stable economy to transpire we need to include everyone; those who desire or are suited to work in a vibrant manufacturing component, others who excel in a service sector intellectual or assistance driven component, and those who must be cared for by a compassionate community (government) because their unable to survive in either component of a competitively oriented sector of our economy. It is also important to integrate our nation-state economies into an 'International Economic Congress' whereby the interests of Capital (businesses) and Labor can be democratically resolved, and a coordinated oversight of all economically related endeavors can be achieved for the betterment of the entire global community. We are on the cusp of an appreciation that transcends any past global paradigm shift - our movement towards a sustainable, stable world community is very achievable. Let's make it happen.
Originally posted on my blog at:
http://structuraleconissues.blogspot.com/
Our universe is not clean and orderly it-s very, very messy - nothing ever seems to work out according to the best conceived plans. It is therefore imperative that we not endeavor to extend our subconscious world view of tidy, neatly trimmed 'lawns' to any natural substrate in the living breathing messy struggle for life. There are no 'lawns' of perfectly crafted conception in nature so why extend the improbable to a natural world substrate? A prairie ecosystem is full of tall grass of varying varieties, riddled with ground squirrel holes, snakes in some regions, muck, and a variety of wildlife not allowed to intrude into our comfortable neat complacent checkerboard communities. But the interaction between the two does result in changes that affect both.
Similarly, our economic system must reflect the realities or 'ground truth' inherent in the natural environment, societal structure, and impractical, irrational interspersed behavior of the human substrate. So why continue to refine any economic model based upon illusion by further perturbing an already tumultuous society by injecting policies that don't align with any existing observable dynamic?
Over the past few years we've been led to believe that the Laissez-faire neoclassical economic realm of illusory conceptualization would translate into this wonderful world guided by some 'invisible hand'. Ours would be a service sector oriented economy never again requiring the utilization of dirty hands, and strong muscles. Every citizen would magically be endowed with all the necessary intellect, desire, and personality to expand the service sector into the preeminent sector of employment. There was just one problem with the distorted nation state competitive advantage simplistic view of our globe - it still left a substantial segment of our population underemployed, and unemployed because they just didn't fit into the special mold of a service sector laborer.
Expanding the concept of competitive advantage outside of its original boundaries centered in a particular industry was just another attempt to mold reality (only perceptually achievable by propaganda) to fit illusion. Over the past few decades we've been deluding ourselves into thinking that a viable economy can function stripped of its manufacturing sector. It has become abundantly evident that an economic system crafted for the benefit of the larger community cannot operate solely as a service sector economy devoid of a sustainable manufacturing base.
Competitive advantage must mold both the service sector and manufacturing components across industry segments that are jealousy defended by national policies within a completely economically integrated world. No economy can be sustained under just one of these core economic components they both must be merged together in order to achieve some semblance of economic and societal sustainability & stability.
We have witnessed the effective subversion of an already inherently unsustainable service sector nation-state competitive advantage model into something contrived and contorted beyond its illusory construct. Perpetuated by the 'information age' propagandists we were led to believe that an economy could be solely built upon a technologically oriented service sector. Factories were no longer needed within an economy based solely upon intellectual labor. The problems with this early nation-state competitive advantage centered model were three fold. First, it was myopically constrained to a nation-state centric advantage that never expanded across borders. Secondly, it failed to account for the unpredictable effects of human behavior within a tumultuous greed enhanced global society. Thirdly, as already conveyed, the competitive advantage of a technologically oriented service sector was too broad in scope to be maintained at the nation-state level.
But what mutated from this touted elegant distortion of reality was driven by the second factor, the uncontrollable greed educed by Laissez-faire religious tenants that encouraged human behavior contrary to the maintenance of sustainable and stable communities. Any behavior was permissible in the corruptly focused short-term greed addicted behavioral state. What evolved was a belief system built around the individual to the exclusion of the community a credo that any means was justified even the 'slash and burn' pillage of entire nation-states to fulfill the unquenchable desires of the few wealthy elite. Labor arbitrage became the 'club' of choice wielded by the 'strong arms' of an army of mercenary lobbyists fielded to sustain the wealthy fiefdom's ability to exploit workers by any means imaginable.
With so many interconnected messy threads weaving throughout our society, class consciousness, across unique behavioral responses to stimuli, and the turbulent at times dangerous physical world we inhabit it is abundantly clear that any economic theories must be conceived in the forge of reality. It is a reality that recognizes a simple requirement of all human beings - fairness. Without fairness or some form of equity, infused with equality the best conceived seemingly realistic policies will be nothing more than distorted illusion cloaked in a thin veil of reality. Human beings are very adept at perceiving whether certain aspects of their societal framework is fair, or slanted towards the interests of those ultimately in control. No amount of 'packaging' will deceive a community of citizens over the 'long haul' - this is aptly reflected in the current rejection by the general populous of the trickle down supply-side greed based economics benefiting the few practiced over the last few years.
Quakers believe that we are all our brothers keeper, that when we act in the best interests of our fellow human beings we serve the better interests of our communities. Thus, realizing that in order for a sustainable, stable economy to transpire we need to include everyone; those who desire or are suited to work in a vibrant manufacturing component, others who excel in a service sector intellectual or assistance driven component, and those who must be cared for by a compassionate community (government) because their unable to survive in either component of a competitively oriented sector of our economy. It is also important to integrate our nation-state economies into an 'International Economic Congress' whereby the interests of Capital (businesses) and Labor can be democratically resolved, and a coordinated oversight of all economically related endeavors can be achieved for the betterment of the entire global community. We are on the cusp of an appreciation that transcends any past global paradigm shift - our movement towards a sustainable, stable world community is very achievable. Let's make it happen.
Originally posted on my blog at:
http://structuraleconissues.blogspot.com/
But you are members of the Joshua Generation. And it is now up to you to finish the work that they began. It is up to you to cross the river.When Joshua discovered the challenge he faced, he had his doubts and his worries. But the Lord told Joshua not to fear. He said, "Be strong and have courage, for I am with you wherever you go."
Those are the words I will leave you with today. Be strong and have courage. Be strong and have courage in the face of injustice. Be strong and have courage in the face of prejudice and hatred. Be strong and have courage in the face of joblessness and helplessness and hopelessness. Be strong and have courage, in the face of our doubts and fears, in the face of skepticism, in the face of cynicism, in the face of a mighty river. Be strong and have courage and let us cross over to that Promised Land together.
~Barack Obama (Washington, DC | September 28, 2007)
Those are the words I will leave you with today. Be strong and have courage. Be strong and have courage in the face of injustice. Be strong and have courage in the face of prejudice and hatred. Be strong and have courage in the face of joblessness and helplessness and hopelessness. Be strong and have courage, in the face of our doubts and fears, in the face of skepticism, in the face of cynicism, in the face of a mighty river. Be strong and have courage and let us cross over to that Promised Land together.
~Barack Obama (Washington, DC | September 28, 2007)
Republicans across the United States are getting into a lot of hot water these days for hate-based attacks on Barack Obama, and "tolerant" California is no exception. Earlier this week, the Sacramento County Republican Party and its chair, attorney Craig S. MacGlashan, caught some well-deserved flack for posting anti-Obama materials on the county GOP website including a call to "Waterboard Barack Obama" and a statement equating Obama with terrorist leader Osama bin Laden. Having removed the materials Oct. 14 in the face of sharp criticism from Republicans as well as Democrats, MacGlashan later found it necessary to apologize for the materials even as local Republicans called for his resignation. MacGlashan's wife, a Sacramento County supervisor, also condemned the materials, calling them "hateful, stupid and offensive."
Following these events in Sacramento another instance of hate-based Republican attacks on Obama was reported Oct. 16 in San Bernardino County east of Los Angeles. Here, an organization of Republican women circulated a newsletter including a depiction of Barack Obama on a US food stamp surrounded by a watermelon, ribs, and a bucket of fried chicken (pictured here). Diane Fedele, president of Chaffey Community Republican Women Federated, was also forced to apologize for the picture but denied any racist intent despite the obvious racial stereotypes included in it. As in the Sacramento case, state Republican officials were forced to condemn and disavow the San Bernardino attack.
There was a time, not so long ago, when Republicans could get away with hate campaigns like this, particularly on the local level free of national attention. Thanks to the internet, those days are gone.
Craig S. MacGlashan is an attorney with the Sacramento law firm of Nageley, Meredith, and Miller (8001 Folsom Boulevard, Suite 100, Sacramento CA 95826). The firm can can be contacted by telephone at (916) 386-8282 or by e-mail at mail@NMLawFirm.com. MacGlashan may be directly contacted for comment by telephone at the same number or by e-mail at cmacglashan@nmlawfirm.com. MacGlashan sits also on the board of directors of the Saramento Valley Lincoln Club, a conservative political action committee, and is married to Sacramento County Supervisor Roberta MacGlashan.
Diane Fedele and the Chaffey Community Republican Women Federated may be contacted by e-mail at diane1354@mindspring.com and diane1354@verizon.net, by telephone at (909) 981-0493, by fax at (909) 982-6880, or by mail at P.O. Box 974, Upland CA 91785. Chaffey Community Republican Women Federated meet the fourth Wednesday of every month, 7:00 p.m., at the Magic Lamp Inn, 8189 Foothill Blvd., Rancho Cucamonga CA 91730.
Mark C. Eades
http://www.mceades.com
Barack it has absolutely nothing to do with saving our neighbors house that is burning because it might be a threat to our own but everything to do with not risking life and limb to save this same house that is already entirely destroyed by termites. The American people are not being vindictive by wanting to hold back $700 billion dollars from Wall Street but are being prudent by not wanting to waste what may be the last substantial amount of taxpayer dollars before the final decent into the abyss of a global income crisis.
We have one last chance at 'jump starting' this economy and that can only be done from below where 95% of lower to middle income citizens consume by purchasing products and services that are produced by the global economy. Nothing will be accomplished by throwing more and more money at Wall Street in an attempt to get the credit markets lending again because once the investment community became aware of the extent of consumer and business leverage they lost a certain amount of confidence in all facets of the U.S. economy. Both foreign and domestic credit markets are not freezing up but what is actually occurring is a natural reaction to the discovery that U.S. businesses and consumers have overextended themselves in an un-concerted attempt at maintaining a level of economic expansion (lifestyle or revenue stream) that is unsustainable given the continuing drop in consumption spending by consumers as a result of their declining incomes.
Now that both businesses and consumers are facing the reality of the real market economic forces that act to stabilize out of balance conditions, all facets of the economy are crying for immediate relief even those such as the financial institutions that will just have to write off or write down most of the over valued credit assets that their customers both businesses and citizens are unable to continue to carry.
Until the 95% of low to middle income U.S. citizens are afforded a substantial increase in income (equated to all the lost income never received from years of productivity gains) the global economy will continue to tank. No other option remains - either use the $700 billion (more required) to 'jump start' this dying income starved economy or watch it decline to the point of no return.
Also, we shouldn't believe everything pandered by the sensationalist media parrots especially when it regards Economics. Investors moved back into the markets today mainly to acquire 'dirt cheap' bargain stocks and investment instruments not simply because they even remotely expect help in the form of a bailout from the U.S. Congress or that if it did transpire would have any effect on confidence anyway. Therefore, what all of us should attempt to do is maintain a link to reality based upon the facts of each day and not take credence in any neoclassical Economic ideology predictions that are rooted in policies that have brought us to this calamitous point in time.
Moving our economy back to a higher level of consumption spending that is not based upon consumers who are over leveraged and businesses that are equally overleveraged because their income is being drained off by greedy executives and board members must be the goal for our nation. Draining more income from the 95% of low to middle income citizen taxpayers in order to invest in worthless debt related assets that would be better purged from our economic system entirely does not lead to a sustainable economic system nor does it help in resolving our current chronic income crisis - it only makes matters worse. We need to invest in America not throw what may be our last remaining dollars that haven't yet been devalued (given time) to the point of being worthless up into the wind, only to be blown across a fast encroaching economic desert.
We have the power to thoughtfully address the income crisis which is the root cause of our economic calamity but only if we remain open-minded to all approaches that are centered upon getting substantial income in the hands of average Americans who will faithfully spend (representing 2/3's of GDP) it on products and services. Not only is it the economically sensible thing to do but the morally right thing to do.
http://structuralEconIssues.blogspot.com/
We have one last chance at 'jump starting' this economy and that can only be done from below where 95% of lower to middle income citizens consume by purchasing products and services that are produced by the global economy. Nothing will be accomplished by throwing more and more money at Wall Street in an attempt to get the credit markets lending again because once the investment community became aware of the extent of consumer and business leverage they lost a certain amount of confidence in all facets of the U.S. economy. Both foreign and domestic credit markets are not freezing up but what is actually occurring is a natural reaction to the discovery that U.S. businesses and consumers have overextended themselves in an un-concerted attempt at maintaining a level of economic expansion (lifestyle or revenue stream) that is unsustainable given the continuing drop in consumption spending by consumers as a result of their declining incomes.
Now that both businesses and consumers are facing the reality of the real market economic forces that act to stabilize out of balance conditions, all facets of the economy are crying for immediate relief even those such as the financial institutions that will just have to write off or write down most of the over valued credit assets that their customers both businesses and citizens are unable to continue to carry.
Until the 95% of low to middle income U.S. citizens are afforded a substantial increase in income (equated to all the lost income never received from years of productivity gains) the global economy will continue to tank. No other option remains - either use the $700 billion (more required) to 'jump start' this dying income starved economy or watch it decline to the point of no return.
Also, we shouldn't believe everything pandered by the sensationalist media parrots especially when it regards Economics. Investors moved back into the markets today mainly to acquire 'dirt cheap' bargain stocks and investment instruments not simply because they even remotely expect help in the form of a bailout from the U.S. Congress or that if it did transpire would have any effect on confidence anyway. Therefore, what all of us should attempt to do is maintain a link to reality based upon the facts of each day and not take credence in any neoclassical Economic ideology predictions that are rooted in policies that have brought us to this calamitous point in time.
Moving our economy back to a higher level of consumption spending that is not based upon consumers who are over leveraged and businesses that are equally overleveraged because their income is being drained off by greedy executives and board members must be the goal for our nation. Draining more income from the 95% of low to middle income citizen taxpayers in order to invest in worthless debt related assets that would be better purged from our economic system entirely does not lead to a sustainable economic system nor does it help in resolving our current chronic income crisis - it only makes matters worse. We need to invest in America not throw what may be our last remaining dollars that haven't yet been devalued (given time) to the point of being worthless up into the wind, only to be blown across a fast encroaching economic desert.
We have the power to thoughtfully address the income crisis which is the root cause of our economic calamity but only if we remain open-minded to all approaches that are centered upon getting substantial income in the hands of average Americans who will faithfully spend (representing 2/3's of GDP) it on products and services. Not only is it the economically sensible thing to do but the morally right thing to do.
http://structuralEconIssues.blogspot.com/
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