Showing posts with label Golden Age. Show all posts
Showing posts with label Golden Age. Show all posts
Wednesday, July 24, 2019
Three More Blatant Lies by Our Oval Office Occupier
Note--- The following quotes may or may not be exactly as spoken. Any error is quite minimal, and does not change the meaning of the precise quote.
1. "We now have the greatest economy in our history." Ha! Not even close to that, Don Corleone. It's only great for perhaps the upper 15% or so of income earners. Everyone else is barely keeping even, or falling behind. The median income in this country is only $33,188; that means half of us make less. Asset Bubbles (a type of inflation) and the Debt Bubble are larger than just before the 2008 Crash. Financial derivatives still are a massive problem. Casino Capitalism and Crony Capitalism still are setting us up for the next Bust... which, by the way, is overdue. If you don't believe that, simply look at the time intervals between Booms & Busts from the 1973 Recession to present day. No one, including you, has eliminated the Boom-Bust Cycle.
2. "We also now have the greatest employment in our history." Wrong again. See this post of mine to understand why Gov't employment/unemployment stats are almost always wrong...including those put out by your Crew---
http://individualsovereignty.blogspot.com/2018/02/the-real-state-of-union-rather-than.html
The piece also explains why Gov't inflation stats are extremely misleading.
In both cases above, today's stats are dwarfed by those of the Golden Age of American Capitalism. During that time, not only was the economy booming, manufacturing growing, and Business thriving, but mega corporations were being taxed at up to 90%. With its length of twenty-plus years, that economy makes today's look like an unmitigated disaster.
3. This last quote is in relation to the Mueller Hearing that took place Wednesday. "Under Article II [of the Constitution], I have the right to do anything I want to." What planet are you on, Don? Good grief. Even a cursory examination of Article II shows that, except during times of declared war, the Presidency actually is a rather modest Office. Perhaps you were gaslighting when you made that particular statement. You have a penchant for trying to confuse people with outrageous claims and obvious lies. Unfortunately for you, most of us see through your dangerous childishness. Now we just have to convince your cult following that you're a total fraud.
Not only my opinion. Everyone Be Well
p.s. For any new visitors here, I'm not a Democrat or a Republican.
Monday, October 10, 2016
The Second Presidential Debate, 2016
Mostly SSDD.
Interrupting each other again, but this time a bit less of that...especially by Clinton. Both candidates regularly exceeded their response time limits, and did so while talking over the moderators' pleas to stop. The same amount of personal sniping at each other was present...of little to no interest to us, and completely unprofessional. A tiny bit more discussion of the issues, but that primarily was due to audience questions.
Here's what was glaringly obvious in this debate: national politicians are masters at either avoiding the question, or answering in such generalities as to make the answer essentially meaningless. Both Clinton and Trump did that over and over and over.
So, we had a debate set up by a private corporation (the Commission on Presidential Debates), moderated by reps from mega corporations, with two candidates who are Corporatists. Oh, for the days of the League of Women Voters running the show. What we have now is a farce.
Clinton's biggest misstep probably was her handling of the question concerning her leaked, taped statement of awhile back that went something like this (paraphrased): At times, a politician has to have a public stance and a private stance. [In other words, politicians have to be two-faced.] This, of course, is pretty much true; that's one reason politicians are despicable. Hillary's answer to that question was revealing (paraphrased): Um...[hem-haw], I believe I was talking about Abraham Lincoln [hem-haw]...um...etc. She then very quickly changed the subject. I gauge the probability of that answer being an outright lie at about 90-95%.
Trump's biggest misstep probably was that, except for slashing taxes & eliminating regulations, he rarely ever says HOW he's going to accomplish this, that, or the other. Slashing taxes and eliminating regs has been tried...more than once. It didn't work; it only made the rich into the Super-Rich. The trouble with Trickle-Down economics is that it assumes Big Biz will invest in USA manufacturing, new ventures, new products, etc.---all requiring new employees---instead of investing in foreign currencies, foreign bonds, foreign factories, bizarre financial derivatives, etc., or simply socking the extra money away somewhere offshore...all of which require no employees.
Right after WW II through the 1950's and into the very early 1960's was the greatest period of prosperity ever known in this country. It was known as the Golden Age of [American] Capitalism. During that time of tremendous economic expansion, corporations were taxed at a 90% rate. They now pay (if at all) a 35% rate; Trump wants to lower it to 15%.
As to war, both candidates favor different versions of it.
There was no discussion, or sometimes no significant discussion, about: the gutting of the Middle Class, the coup of Financialization, the Recession in which we find ourselves, the various economic/financial Bubbles ongoing, Climate Change, the ongoing one trillion dollar Fed Gov't nuclear weapons program, our current Police/Surveillance State, the broken Fed Criminal Justice System, the failed War on Drugs, Crony Capitalism, USA Hegemony, and a few other significant issues.
For the most part, the candidates squabbled about the past, sniped at each other, and had very little to say (except for broad generalities) about the future. According to the corporate moderators and the Corporatist Trump & Clinton, the most pressing issues facing the country apparently are: Trump's comments about women, Trump's taxes, Clinton's emails, Bill Clinton's marital affairs, and other such trivia. Talk about distraction from what's really important...good grief!
Neither one of these candidates should be President of the USA. Both are shills for Corporatism and the Globalist Oligarchy.
The Kabuki Theater continues...on & on. Wall Street and the CRONY Capitalists are the Directors. Carroll Quigley's International Financial Coterie is the Academy. The Oligarchs already have won the election. Our best hope for avoiding the fairly imminent NeoFeudalism that's coming and the continued hollowing out of the Middle Class is peaceful, direct action outside the Rotten System...such as boycotting the election, or (if you must) voting for a worthy alternative candidate. On a massive scale, either of those actions would send a powerful message. Unfortunately, because of unending Edward Bernays style Propaganda, I don't see either of those things happening this year; but, one always can dream.
Not only my opinion. Be Well
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