According to the McCain campaign, spreading the wealth is a moral hazard.
Mainstream economists, and the McCain campaign, argue that without the consolidation of wealth and power, capitalism will not operate to make the necessary sacrifice to produce capital and investment needed to produce economic growth and the wealth for The People. Spreading the wealth nullifies the sacrifice necessary to produce capital and wealth. It is, therefore, a "moral hazard."
Redistribution of the wealth is to be avoided because, as Sarah Palin proclaims, with her professed deeper understanding of what is right and good for The People, giving the wealth away to the people that labor to create it will ultimately make them unproductive. To suffer deprivation of the wealth is the sacrifice necessary to accumulate capital so that The People will be willing to suffer for its creation.
The deeper understanding neo-conservatives have, accordingly, is that the sacrifice of The People--the crisis we are now experiencing--is a necessary condition for the creation of the wealth. Not allowing for it to occur will result in crisis, so the solution to our crisis is to be sure that it happens. Avoiding the crisis is a hazard to be avoided, so we should be sure to continue the Bush tax cuts for the rich, and realizing that is the product of a higher moral intelligence.
In order to have all the things a wealthy person buys but does not need that trickles the wealth down to The People, must be suffered by The People not being able to buy what they need. The result is a debtor economy. Not to allow for the sacrifice is, by the deeper understanding, immoral because it deprives consolidation of the wealth, falsely argued as the formation of capital.
The capital does not have to be consolidated. Consolidating the capital, the sacrifice, causes debt, economic crisis. It always has and always will.
Instead of avoiding a moral hazard, the conservative, Hamiltonian argument moralizes the hazard.
The Good Lord Says: "...forgive us our debts as We forgive those that have debts against us." The McCain campaign has a deeper understanding of this: forgiving the debt, not allowing the debt to be suffered, is a moral hazard. It will ultimately make us all unproductive.
The Lord's Prayer is not just sanctified sentiment for soothing the soul. It is a call to action!
Obama/Biden 2008!
Showing posts with label 2008 election. Show all posts
Showing posts with label 2008 election. Show all posts
Sunday, October 26, 2008
Wednesday, October 22, 2008
Technical Correction to Tax Policy
McCain argues that the Obama/Biden tax plan will require the average income to write a check to itself because the tax reduction will have to be financed through the deficit, or monetized, by borrowing it from the upper class of incomes.
The argument is pure deceit.
The average income, under the current regressive tax code, writes a check to upper class incomes to finance what the rich do not pay in taxes but is borrowed in record amounts through a regressive tax policy that McCain not only wants to sustain but increase to ensure our productivity, or the creation of wealth.
First of all, regressive tax policy is proven pro-profit, not pro-growth. The policy is deflationary because it increases the tax libaility of The People, reduces buying power and increases debt. The result is deflationary crisis.
Regressive tax policy does not improve productivity, it decreases it.
Second, the tax reduction for the average income is offset by a progressive increase for upper incomes who can afford to pay down the debt, immediately improving buying power, reversing the deflationary trend and strengthening the dollar.
The Obama/Biden plan is a much-needed technical correction to tax policy and the macro economic.
Obama/Biden is change we need!
The argument is pure deceit.
The average income, under the current regressive tax code, writes a check to upper class incomes to finance what the rich do not pay in taxes but is borrowed in record amounts through a regressive tax policy that McCain not only wants to sustain but increase to ensure our productivity, or the creation of wealth.
First of all, regressive tax policy is proven pro-profit, not pro-growth. The policy is deflationary because it increases the tax libaility of The People, reduces buying power and increases debt. The result is deflationary crisis.
Regressive tax policy does not improve productivity, it decreases it.
Second, the tax reduction for the average income is offset by a progressive increase for upper incomes who can afford to pay down the debt, immediately improving buying power, reversing the deflationary trend and strengthening the dollar.
The Obama/Biden plan is a much-needed technical correction to tax policy and the macro economic.
Obama/Biden is change we need!
Thursday, October 16, 2008
Flight to Quality
McCain says tax policy that will stop and reverse the current tax policy that has verifiably resulted in an extreme deflationary trend will result in a capital flight to quality.
That's wrong, Joe!
That McCain questions the propriety of raising taxes on anybody in a deflationary trend that is largely caused by a reduction of the tax rate for the rich, not for Joe who gets to pay the debt it causes, indicates some extreme analytical incompetence or a fatally blind belief to validate conservative "principles" despite the verified evidence that trickle-down tax policy causes economic crisis, and has been for over 200 years!!
Joe is worried about the wrong thing.
The regressive tax policy that McCain proposes, that we have had for the last eight years, is so bad that the capital has parked in nearly no-yield treasuries, hardly a flight to quality, occassionally coming out to spike equities to sell off for a quick capital gain that needs, according to McCain, an even more favorable tax rate to prevent it from being invested in growth (what is, by definition, a reversal of the deflationary trend).
The result of neo-conservative tax policy, McCain's tax policy, is a movement of money (capital flow) that is arbitrary and capricious, causing volatility that is the opportunity for short term capital gains to support leverage finance, not economic growth for Joe.
McCain, as prospective chief executive of the neo-conservative coalition, not only wants to continue the policies that depreciates the hard-earned value of The People, but magnify it.
Why, pray tell, would anyone, Joe, outside the top one-percent of income class--what McCain says we should not talk about--vote for McCain, or any other conservative?
The hedge funds we see collapsing because they cannot cover their leverages (having borrowed money to produce profit without growth--a sure formula for long-term failure), are selling off their equities to cover the margin calls (the money borrowed). It is supposed to suggest to The People that these people, receiving a favorable tax rate for their work over The People's work, are suffering the detriment of McCain and company tax policy together. That is an outright fraud!
These hedge fund entities and their managers socked away billions and billions of The People's hard-earned value for years and years. Yes, we're in this thing together alright--they win, The People lose!
Heaven forbid if we should make hedge funds and their self-satisified managers suffer an increased tax rate! Oh my word, please don't make them suffer billions of gains even after the proposed tax increase.
Hedge funds sold off equities yesterday (the index low) and bought them back today (an index high). Despite some of the funds declaring they are shutting their doors, they're still in business causing panic and uncertainty, being paid to do it beyond The People's wildest dreams and being rewarded for making our economy a complete wreck with a favorable tax rate.
This could not be more wrong, and we are supposed to vote FOR that!
Get the cowboy capitalists and the frauds out of the marketplace by reinvesting their ambition with a tax on there gains and a favorable rate to produce economic growth that fully values the worth of Joe The People instead of fully devaluing it.
Yes! Let's have a flight to quality for a change!
It's time we invest in you, Joe, not the people that will promise you the American dream with policies and programs that will deprive you of it. It's time to fully vest The People that share your dream with the political will to provide it.
Obama/Biden '08!
That's wrong, Joe!
That McCain questions the propriety of raising taxes on anybody in a deflationary trend that is largely caused by a reduction of the tax rate for the rich, not for Joe who gets to pay the debt it causes, indicates some extreme analytical incompetence or a fatally blind belief to validate conservative "principles" despite the verified evidence that trickle-down tax policy causes economic crisis, and has been for over 200 years!!
Joe is worried about the wrong thing.
The regressive tax policy that McCain proposes, that we have had for the last eight years, is so bad that the capital has parked in nearly no-yield treasuries, hardly a flight to quality, occassionally coming out to spike equities to sell off for a quick capital gain that needs, according to McCain, an even more favorable tax rate to prevent it from being invested in growth (what is, by definition, a reversal of the deflationary trend).
The result of neo-conservative tax policy, McCain's tax policy, is a movement of money (capital flow) that is arbitrary and capricious, causing volatility that is the opportunity for short term capital gains to support leverage finance, not economic growth for Joe.
McCain, as prospective chief executive of the neo-conservative coalition, not only wants to continue the policies that depreciates the hard-earned value of The People, but magnify it.
Why, pray tell, would anyone, Joe, outside the top one-percent of income class--what McCain says we should not talk about--vote for McCain, or any other conservative?
The hedge funds we see collapsing because they cannot cover their leverages (having borrowed money to produce profit without growth--a sure formula for long-term failure), are selling off their equities to cover the margin calls (the money borrowed). It is supposed to suggest to The People that these people, receiving a favorable tax rate for their work over The People's work, are suffering the detriment of McCain and company tax policy together. That is an outright fraud!
These hedge fund entities and their managers socked away billions and billions of The People's hard-earned value for years and years. Yes, we're in this thing together alright--they win, The People lose!
Heaven forbid if we should make hedge funds and their self-satisified managers suffer an increased tax rate! Oh my word, please don't make them suffer billions of gains even after the proposed tax increase.
Hedge funds sold off equities yesterday (the index low) and bought them back today (an index high). Despite some of the funds declaring they are shutting their doors, they're still in business causing panic and uncertainty, being paid to do it beyond The People's wildest dreams and being rewarded for making our economy a complete wreck with a favorable tax rate.
This could not be more wrong, and we are supposed to vote FOR that!
Get the cowboy capitalists and the frauds out of the marketplace by reinvesting their ambition with a tax on there gains and a favorable rate to produce economic growth that fully values the worth of Joe The People instead of fully devaluing it.
Yes! Let's have a flight to quality for a change!
It's time we invest in you, Joe, not the people that will promise you the American dream with policies and programs that will deprive you of it. It's time to fully vest The People that share your dream with the political will to provide it.
Obama/Biden '08!
Monday, October 13, 2008
The Disinflationary Phase
The false peak-oil price driven by leverage finance, deflating the world's economy, reliably resulted in the phase of the business cycle we are now in: the disinflationary phase.
Classically, the phase results from overproduction as buying power is reduced by a consolidation of capital on a limited supply of money. A distribution of that value must occur in order to pull the economy out of recession (liquidity) to produce more wealth and, at the same time, preventing an overaccumulation of retributive value that could result in a complete recapitulation of the value and the power it inherits.
The neo-classical measures to prevent recapitulation of capital, and power, by increasing the supply of money (the coordinated effort we see now of central bankers to recapitalize financial markets with electronic credits in addition to the capital consolidated and illiquid) is, of course, inflationary. It allows the gain from the loss to be consolidated with minimal retribution (repayment), and that includes a regressive tax burden that finances the increased money supply by borrowing it from the wealthy and repaid by the not-wealthy in the form of the public debt, conserving the proportional zero-sum gain and distribution.
So, at this point of the cycle, the capital consolidated was neo-classically "free" to massively move into (liquidate) the equities market today for a record one-day inflation of prices and, of course, the price of oil, the primary means of causing the deflationary trend through leverage finance (futures contracts volume), also increased.
The volume of The People's capital that was sold off in a panic will now be enticed to chase the value. When there is sufficient volume to achieve a substantial capital gain, at a favorable tax rate, the volume will be massively sold off for another loss and gain (market volatility that indicates "the bottom" or the level at which the distribution must occur). The micro-cycle of accumulation and distribution is repeated until the volume of non-elit net worth has been maximally consolidated to be retailed to its rightful owner for a profit, completing the macro cycle of loss and gain, and that will be called economic growth.
The process can hardly be characterized as an abstraction of value lost and gained, as our Ivy League experts maintain. It is a real zero-sum game. The loss is not a figment of The People's arbitrary and capricious imagination.
While disinflation is charaterisitic of a free and unconsolidated organization of economy, it does not necessarily indicate proof of a free market, as argued by pop economists.
Disinflation can be a positive or negative effect depending on the organizational model. It indicates affordability of maximum supply at minimal price when there is a pluralist operational model; maximum price on a minimal supply, or unaffordability, with an elitist, command model.
The disinflation we have now is the result of economic activity that has dispossessed the vast majority of The People. Not only has the capital been organized (consolidated) to devalue The People's buying power (recession), but net worth (savings, the distribution of capital). The loss is not an abstract value of perceived worth, it is a real devaluation, a loss, that has been gained (consolidated) into a privately-owned capital called "private equity" and falsely justified by means of a free enterprise.
This redistribution of savings valuation, net worth, is in keeping with the Hamiltonian model that capital should be managed (owned) by the elite, and there is no better way to ensure its most efficient management for society than to rig the financial system, and the economy, to ensure elite ownership of capital in priority (primarily a regressive tax code). That is what has transpired--trickle-down economics--and it is a verifiable failure, once again!
Hamiltonian propenents must, however, maintain a pluralistic, free enterprise, legitimacy--a product of the collective will (an agreement between buyers and sellers of what to produce at what price) that defines a self-determined General Welfare. While the legitimacy is partially fulfilled with what to produce, the price, and the profit, is illegitmately determined largely by elite control (by means of organized consolidation in priority). While it may be "enterprising," it is hardly "free." President Bush, for example, today spoke of the rescue effort as a confidence in free markets to technically (naturally) correct for what was a willfully determined, fully intended, organized elitist outcome in which he is chief executive.
A free market economy is self-correcting if it is ensured (willfully determined) in priority--just exactly the opposite of what Bush and John McCain advocate in both theory and practice (trickle-down economics).
Bush, and McCain, extolling the value of free markets is like having a pyromaniac fire chief. The fire department shows up with inadequate liquidity, and the liquidity it has is applied in all the wrong places.
The disinflationary trend we see in fuel prices indicates a stop-and-reversal in the deflationary trend caused by the application of a highly consolidated capital (the problem) in a high-profit,low-growth strategy that feeds on a limited supply with minimal competition (low growth) while falsely arguing a peak-demand fundamental price (a fraud in the marketplace).
There is nothing free market about the cyclical trend we are experiencing. It is not the collective self-determination, the legitimate collective will, of The People. Rather, it is the product of a command economy with a false pluralisitic legitimacy (a false free-market economics). It is the Hamiltonian model of finance, and the administration of power, in peak form. It is a practical model being applied by neo-conservatives with the tools of neo-classical economics, like the economic stabilization legislation and bureaucratic action we have now, to be asserted as the pinnacle of socio-economic organization into the 21st Century.
What we see is a paroxysm of elitist power as a new century heralds in the hope of a new age of progressive change. The regressive tendencies of taxing and spending that secures a stable maldistribution of the costs and benefits of political-economic organization are clearly outmoded with tired. disconfirmed legitimacies that indicate change long overdue.
The neo-conservative proponents of pop media analysis are desperate to defend policies and programs that are nothing but a complete failure by the most casual observation. They are clamoring to disparage the Obama/Biden economic agenda of late. That agenda indicates a deconsolidating of the capital, not just a deleveraging of the capital that causes crisis.
The Obama/Biden plan sets us on the road to realizing the fundaments of freedom genuinely idicated by full-employment with low inflation (positive disinflation).
A business cycle of economic growth in which disinflation is a sign of a healthy pluralism of the marketplace is entirely possible instead of a malignant phase of a deflationary trend designed to dispossess The People of value that rightfully belongs to them if properly organized for a true, legitimate, self-determination.
The Obama/Biden economic plan will restore The People's value and build on it. A vote for Obama/Biden will yield the very highest return for everybody. It is Strong Pareto Optimal.
An Obama/Biden executive is a strong buy signal! The value of your productivity will not be securitized into a worhtless debt, but into a genuine confidence of an easily verifiable legitimacy with an easily executable and exacting accountability of a free market economics.
Wishing us all the very best!
Classically, the phase results from overproduction as buying power is reduced by a consolidation of capital on a limited supply of money. A distribution of that value must occur in order to pull the economy out of recession (liquidity) to produce more wealth and, at the same time, preventing an overaccumulation of retributive value that could result in a complete recapitulation of the value and the power it inherits.
The neo-classical measures to prevent recapitulation of capital, and power, by increasing the supply of money (the coordinated effort we see now of central bankers to recapitalize financial markets with electronic credits in addition to the capital consolidated and illiquid) is, of course, inflationary. It allows the gain from the loss to be consolidated with minimal retribution (repayment), and that includes a regressive tax burden that finances the increased money supply by borrowing it from the wealthy and repaid by the not-wealthy in the form of the public debt, conserving the proportional zero-sum gain and distribution.
So, at this point of the cycle, the capital consolidated was neo-classically "free" to massively move into (liquidate) the equities market today for a record one-day inflation of prices and, of course, the price of oil, the primary means of causing the deflationary trend through leverage finance (futures contracts volume), also increased.
The volume of The People's capital that was sold off in a panic will now be enticed to chase the value. When there is sufficient volume to achieve a substantial capital gain, at a favorable tax rate, the volume will be massively sold off for another loss and gain (market volatility that indicates "the bottom" or the level at which the distribution must occur). The micro-cycle of accumulation and distribution is repeated until the volume of non-elit net worth has been maximally consolidated to be retailed to its rightful owner for a profit, completing the macro cycle of loss and gain, and that will be called economic growth.
The process can hardly be characterized as an abstraction of value lost and gained, as our Ivy League experts maintain. It is a real zero-sum game. The loss is not a figment of The People's arbitrary and capricious imagination.
While disinflation is charaterisitic of a free and unconsolidated organization of economy, it does not necessarily indicate proof of a free market, as argued by pop economists.
Disinflation can be a positive or negative effect depending on the organizational model. It indicates affordability of maximum supply at minimal price when there is a pluralist operational model; maximum price on a minimal supply, or unaffordability, with an elitist, command model.
The disinflation we have now is the result of economic activity that has dispossessed the vast majority of The People. Not only has the capital been organized (consolidated) to devalue The People's buying power (recession), but net worth (savings, the distribution of capital). The loss is not an abstract value of perceived worth, it is a real devaluation, a loss, that has been gained (consolidated) into a privately-owned capital called "private equity" and falsely justified by means of a free enterprise.
This redistribution of savings valuation, net worth, is in keeping with the Hamiltonian model that capital should be managed (owned) by the elite, and there is no better way to ensure its most efficient management for society than to rig the financial system, and the economy, to ensure elite ownership of capital in priority (primarily a regressive tax code). That is what has transpired--trickle-down economics--and it is a verifiable failure, once again!
Hamiltonian propenents must, however, maintain a pluralistic, free enterprise, legitimacy--a product of the collective will (an agreement between buyers and sellers of what to produce at what price) that defines a self-determined General Welfare. While the legitimacy is partially fulfilled with what to produce, the price, and the profit, is illegitmately determined largely by elite control (by means of organized consolidation in priority). While it may be "enterprising," it is hardly "free." President Bush, for example, today spoke of the rescue effort as a confidence in free markets to technically (naturally) correct for what was a willfully determined, fully intended, organized elitist outcome in which he is chief executive.
A free market economy is self-correcting if it is ensured (willfully determined) in priority--just exactly the opposite of what Bush and John McCain advocate in both theory and practice (trickle-down economics).
Bush, and McCain, extolling the value of free markets is like having a pyromaniac fire chief. The fire department shows up with inadequate liquidity, and the liquidity it has is applied in all the wrong places.
The disinflationary trend we see in fuel prices indicates a stop-and-reversal in the deflationary trend caused by the application of a highly consolidated capital (the problem) in a high-profit,low-growth strategy that feeds on a limited supply with minimal competition (low growth) while falsely arguing a peak-demand fundamental price (a fraud in the marketplace).
There is nothing free market about the cyclical trend we are experiencing. It is not the collective self-determination, the legitimate collective will, of The People. Rather, it is the product of a command economy with a false pluralisitic legitimacy (a false free-market economics). It is the Hamiltonian model of finance, and the administration of power, in peak form. It is a practical model being applied by neo-conservatives with the tools of neo-classical economics, like the economic stabilization legislation and bureaucratic action we have now, to be asserted as the pinnacle of socio-economic organization into the 21st Century.
What we see is a paroxysm of elitist power as a new century heralds in the hope of a new age of progressive change. The regressive tendencies of taxing and spending that secures a stable maldistribution of the costs and benefits of political-economic organization are clearly outmoded with tired. disconfirmed legitimacies that indicate change long overdue.
The neo-conservative proponents of pop media analysis are desperate to defend policies and programs that are nothing but a complete failure by the most casual observation. They are clamoring to disparage the Obama/Biden economic agenda of late. That agenda indicates a deconsolidating of the capital, not just a deleveraging of the capital that causes crisis.
The Obama/Biden plan sets us on the road to realizing the fundaments of freedom genuinely idicated by full-employment with low inflation (positive disinflation).
A business cycle of economic growth in which disinflation is a sign of a healthy pluralism of the marketplace is entirely possible instead of a malignant phase of a deflationary trend designed to dispossess The People of value that rightfully belongs to them if properly organized for a true, legitimate, self-determination.
The Obama/Biden economic plan will restore The People's value and build on it. A vote for Obama/Biden will yield the very highest return for everybody. It is Strong Pareto Optimal.
An Obama/Biden executive is a strong buy signal! The value of your productivity will not be securitized into a worhtless debt, but into a genuine confidence of an easily verifiable legitimacy with an easily executable and exacting accountability of a free market economics.
Wishing us all the very best!
Tuesday, October 7, 2008
The Great Recession?
We are hearing that the economic crisis we are now experiencing is unprecedented.
No.
What we are experiencing is classical economic crisis, easily predictable, entirely preventable.
If we do not take preventive measures that treat the causes and not the effects, we are looking at a Great Recession, not a depression.
While The Great Depression brought the value, the legitimacy, of capitalism into questionable verification, the organizational means of consolidated capital and markets to the ends of consolidating wealth, and power, has been maintained as an economic efficiency that just needs technocratic adjustment (adjusting for the externalities, like our current "toxic debt" that needs to be managed into a detriment for The People by "socializing" it).
This is where the "unprecedented" attributes are to be found. The treatments we see being implemented are symptomatic and neo-classical--they are new, reinventions of the problem in the form of new solutions and mired in complexity to "appear" innovative and thus effective.
For example, the Fed's decision to buy commercial paper is unprecedented, but it does not solve the problem. Rather, it makes the problem--leveraging financials (clogging the credit market) possible by indirectly buying the bad debt it produces and replacing the loss (the consolidated gain receiving the lowest tax burden) with newly printed money (electronic credits). This is called, monetizing the debt, and in the current case is just an extension of the leveraging scheme (the problem). It is a neo-classical economic technology that keeps the organized means of power from being verified as inefficient by indirectly expropriating value from The People and make it look like they are being "rescued." It is, in keeping with the conservative modus operandi, a fraud.
Fraud is a crime against a civil society, and because the problem is a lack of a free and unconsolidated marketplace that sanctions the frauds by denying them access by operation of collective action, collective will, without threatening economic collapse, these criminals must be prosecuted in a political forum of legislative and judicial procedure.
We need a strong executive that will apply corrective policy directly to the causal factors.
Many economists incorrectly evaluate Obama's advocacy of a more progressive tax code as deficit prone. It is not. A more progressive tax code is deficit averse because it taxes the wealth where it is idled (illiquidity) and puts it to work where it is needed, with The People. The result is both economic stimulus and less need for government, and less spending these economists say Obama is not accounting for, from a reliably robust revenue base that will benefit the rich, but without the all-important deprivation of The People that makes them feel powerful, causes the need for government, and that is nothing but a complete lack of moral intelligence.
A Great Recession is no one's self-interest. Neo-classicism is in means, not ends.
Obama/Biden, 2008.
No.
What we are experiencing is classical economic crisis, easily predictable, entirely preventable.
If we do not take preventive measures that treat the causes and not the effects, we are looking at a Great Recession, not a depression.
While The Great Depression brought the value, the legitimacy, of capitalism into questionable verification, the organizational means of consolidated capital and markets to the ends of consolidating wealth, and power, has been maintained as an economic efficiency that just needs technocratic adjustment (adjusting for the externalities, like our current "toxic debt" that needs to be managed into a detriment for The People by "socializing" it).
This is where the "unprecedented" attributes are to be found. The treatments we see being implemented are symptomatic and neo-classical--they are new, reinventions of the problem in the form of new solutions and mired in complexity to "appear" innovative and thus effective.
For example, the Fed's decision to buy commercial paper is unprecedented, but it does not solve the problem. Rather, it makes the problem--leveraging financials (clogging the credit market) possible by indirectly buying the bad debt it produces and replacing the loss (the consolidated gain receiving the lowest tax burden) with newly printed money (electronic credits). This is called, monetizing the debt, and in the current case is just an extension of the leveraging scheme (the problem). It is a neo-classical economic technology that keeps the organized means of power from being verified as inefficient by indirectly expropriating value from The People and make it look like they are being "rescued." It is, in keeping with the conservative modus operandi, a fraud.
Fraud is a crime against a civil society, and because the problem is a lack of a free and unconsolidated marketplace that sanctions the frauds by denying them access by operation of collective action, collective will, without threatening economic collapse, these criminals must be prosecuted in a political forum of legislative and judicial procedure.
We need a strong executive that will apply corrective policy directly to the causal factors.
Many economists incorrectly evaluate Obama's advocacy of a more progressive tax code as deficit prone. It is not. A more progressive tax code is deficit averse because it taxes the wealth where it is idled (illiquidity) and puts it to work where it is needed, with The People. The result is both economic stimulus and less need for government, and less spending these economists say Obama is not accounting for, from a reliably robust revenue base that will benefit the rich, but without the all-important deprivation of The People that makes them feel powerful, causes the need for government, and that is nothing but a complete lack of moral intelligence.
A Great Recession is no one's self-interest. Neo-classicism is in means, not ends.
Obama/Biden, 2008.
Monday, June 9, 2008
Cost of Not Building a New Coalition
Cost of Not Building a New Coalition
The cost of not building a new coaliion from the rubble of the failed neo-conservative legitimacy is the two-party toggle technique will be preserved. The neo-conservative is alive for another day. If real and effective change characterized by continuous improvement is what we want, building a new coalition will be most effective.
Elits fear the possibility of a new coalition because it defeats the two-party technology of preserving the status quo. Pelosi, for example. is being characterized as a left-wing radical bent on driving our nation into an autocratic socialist state with Obama. Ridiculous as that may be, it will nevertheless discourage a new coalition and preserve the two-party dynamic for a retrenchment of solutions reinventing the old problems.
Real pluralism is sustainably possible.
Build the coalition for Obama!
Very best wishes.
The cost of not building a new coaliion from the rubble of the failed neo-conservative legitimacy is the two-party toggle technique will be preserved. The neo-conservative is alive for another day. If real and effective change characterized by continuous improvement is what we want, building a new coalition will be most effective.
Elits fear the possibility of a new coalition because it defeats the two-party technology of preserving the status quo. Pelosi, for example. is being characterized as a left-wing radical bent on driving our nation into an autocratic socialist state with Obama. Ridiculous as that may be, it will nevertheless discourage a new coalition and preserve the two-party dynamic for a retrenchment of solutions reinventing the old problems.
Real pluralism is sustainably possible.
Build the coalition for Obama!
Very best wishes.
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