Circunstances for the way The Capital is organized to be managed change, but the outcome is the same. Over the course of U.S. political-economic history, statesmen and entrepreneur-statesmen wrestled over whether the banking system should be public or private enterprise.
Where Jefferson wanted to keep the financial system small, private and parochial, Hamilton wanted to establish a national bank with regional branches under a central banking authority, much the way it is organized today, but our financial system is privately owned under private bureaucratic authority of the Federal Reserve Bank, allowing for a Jeffersonian legitimacy with Hamiltonian results.
For Jefferson, having a national bank was a sure way to consolidate power for exploitation of The People like the monarchs did. Hamilton knew that without a central bank with a common currency and coordinated action, economic development for nation building is severely restricted, and he was right, as Jeffersonian Republicans quickly realized.
After the War of 1812, a central means of finance was clearly needed and Jefferonian Republicans occupying the executive went to a national banking system to coordinate national production and build needed infrastructure. Western expansion beyond the Appalachians was financed by the central banking system. The financiers in the system leveraged the assets based on the appreciated value of the land (the labor being put into it to make it productive), so even land that was not productive became overvalued (a bubble).
Of course, that bubble burst and the leverage scheme, the pyramid scheme of borrowed money from the central banking system, collapsed, or as we call it today, unwound.
Banks could not repay the loans from the central bank and had to foreclose on the settlers. This was the panic of 1819. The workers lost everything and moved back to the cities in the East. Now, our Ivy League economists are telling us that the loss of value was just an imaginary value (the bubble). No, the value was collateralized by the labor value and was foreclosed on--it was consolidated, but we are not allowed to talk about that part of it without invoking the fear of socialism.
Instead of fear, and an apoplectic acceptance of the status quo, the virtue, the strength, of our intellect.
Management of The Capital needs to be decentralized for The People. This does not mean we are going to bomb ourselves back to the stone age! Neo-conservatives want us to believe that because it will preserve the power of concentrated capital to maintain a suboptimal sharing of the wealth, and power, or what is wrong with it, just as Jefferson anticipated.
Obama/Biden!
Showing posts with label economic stabilization. Show all posts
Showing posts with label economic stabilization. Show all posts
Friday, October 17, 2008
Thursday, October 16, 2008
Investing the Talent
Organizing for Economic Growth
There is some indication that technocrats are having to admit that economic growth correlated with organizational size and efficiency means that the financial sector should be encouraged to consist of small firms.
The grudging implication is that a proper, fair, and efficient action plan for economic stabilization may be to invest a competitive multiplicity of the matketplace, or switching to a more pluralistic practical model.
That is very wise and will yield quick, strong-positive results for everyone.
The allowed consolidation of industry, markets and capital meant that most of the entrepreneurial, MBA, talent that our many business schools graduate have been employed to wreck our economy because that is where the money, the capital, is. It is very clearly, overwhelmingly, the model of inefficiency and has not only brought the world economy to the brink of collapse, but has questioned the practicality of the very fundamentals of power, making the risk too high to merely temporize the way to recovery with what obviously does not work.
Instead of entrepreneuring innovative leverage schemes to magnify the profits of a consolidated capital, our highly educated and innovative talent may be utilized to engineer, organize, for maximum growth and employment with minimum inflation.
Instead of organizing for the instability of providing for the least number of people by depriving the greatest number of The People, we will be organizing for the General Welfare.
The bureaucracy does not have to operate to apply the dictates of an elite ruling class. It can "choose" to apply the welfare of The People.
The interest of the self can be perfectly correlated with the collective will and wisdom of The People.
Rather than being slaves to our passions and emotions, greed becomes fufillment, fear is turned into confidence, and loathing is the object of freedom denied.
Very best wishes.
There is some indication that technocrats are having to admit that economic growth correlated with organizational size and efficiency means that the financial sector should be encouraged to consist of small firms.
The grudging implication is that a proper, fair, and efficient action plan for economic stabilization may be to invest a competitive multiplicity of the matketplace, or switching to a more pluralistic practical model.
That is very wise and will yield quick, strong-positive results for everyone.
The allowed consolidation of industry, markets and capital meant that most of the entrepreneurial, MBA, talent that our many business schools graduate have been employed to wreck our economy because that is where the money, the capital, is. It is very clearly, overwhelmingly, the model of inefficiency and has not only brought the world economy to the brink of collapse, but has questioned the practicality of the very fundamentals of power, making the risk too high to merely temporize the way to recovery with what obviously does not work.
Instead of entrepreneuring innovative leverage schemes to magnify the profits of a consolidated capital, our highly educated and innovative talent may be utilized to engineer, organize, for maximum growth and employment with minimum inflation.
Instead of organizing for the instability of providing for the least number of people by depriving the greatest number of The People, we will be organizing for the General Welfare.
The bureaucracy does not have to operate to apply the dictates of an elite ruling class. It can "choose" to apply the welfare of The People.
The interest of the self can be perfectly correlated with the collective will and wisdom of The People.
Rather than being slaves to our passions and emotions, greed becomes fufillment, fear is turned into confidence, and loathing is the object of freedom denied.
Very best wishes.
Monday, October 13, 2008
Getting the Credit That You Need
This is the stated goal of the technocrats using the neo-classical tools of economics to rescue us from crisis so that we will be anchored-in, relieved, with a classical outcome that has accomplished consolidatation of the wealth without The People starving massively in the streets.
Moving up from here will be considered a technical success of the bureacratic model of power and political economy to control the retributive value that must be paid at some time.
If the trend to repay the accumulation of the retributive value with the consolidation of wealth and power does not have to be paid in the short term (realizing a small loss to falsely justify a gigantic gain as the collective will), the probability that it will be allowed to accumulate long is likely.
Counter-party risk still abounds in the credit markets. It is a function of confidence which is an emotion, not a property of reason and logic, but rhetorical ruse--a con game. All you have to do is get a person to "believe" you are not lying, cheating and stealing, then lie to them, cheat them, and steal from them, then repeat the cycle.
We need a confidence built on a system of finance that structurally warrants the trust of The People. That is a free and unconsolidated marketplace in which the righteous are rewarded with profit, and the unrighteous sanctioned with failure; a structure orgainzed so that "too big to fail" (economy of scale) does not determine the success of worst practices, but cultivates, teaches, the discipline, the virtue, the strength, the assured succes, of the best practices--of doing the right thing.
It is not impossible to organize an economy that minimizes the possibility for corrupt practices. That would not be a consolidated model of capitalism or the socialism it causes. No. That would be the deliberate, self-determination of establishing and maintaining a deconsolidation of power, democratic processes, in priority. That would be to establish and maintain a free and unconsolidated marketplace in priority through the political will, the collective wisdom and action, of The People, so that we may enjoy the fruit of life by ensuring that it will be fruitful, and to be assured it may be enjoyed in peace.
That begins with a vote for Obama/Biden.
Beware of the purported benefit of top-down coordinated efforts of central bankers to manage the current crisis favorable to you. No, the measures that are most favorable to The People are from the bottom up, by empowering The People with ensuring pluralistic processes. Again, that is a vote for Obama/Biden.
Economies of scale that are only marginally competitive at the global level have, and will continue to be, an empirical failure! This top-down (trickle-down) management of economy is not worth defending unless, of course, you are rich and powerful. or rely on the largesse of the rich and powerful to finance your argumentation.
Getting the credit you need will not be from the top down. Relying on the central bankers to provide the credit you need IS THE PROBLEM, not the solution! Each nation is capable of organizing out of this crisis from the bottom up. Global, top-down management just temporizes the effects of the crisis for it to cycle around and make The People suffer the deprivations of consolidated capitalism another day.
This is not a matter of getting money flowing again from the top down. Doing that is a confirmed failure! Investing form the bottom up will organize the success, the virtue, of power that is the free and full self-determination of The People: a global economy organized from the bottom up in which getting the credit you need is assured in priority, by operation of your self-determination, by being posessed, not dispossessed by the dictates of a powerful few from the top down.
The credit you need will be possessed in priority to finance the success of the righteous in a free and unconsolidated marketplace in your community, in your nation, in the world!
Just do it!
Obama/Biden 2008!
Moving up from here will be considered a technical success of the bureacratic model of power and political economy to control the retributive value that must be paid at some time.
If the trend to repay the accumulation of the retributive value with the consolidation of wealth and power does not have to be paid in the short term (realizing a small loss to falsely justify a gigantic gain as the collective will), the probability that it will be allowed to accumulate long is likely.
Counter-party risk still abounds in the credit markets. It is a function of confidence which is an emotion, not a property of reason and logic, but rhetorical ruse--a con game. All you have to do is get a person to "believe" you are not lying, cheating and stealing, then lie to them, cheat them, and steal from them, then repeat the cycle.
We need a confidence built on a system of finance that structurally warrants the trust of The People. That is a free and unconsolidated marketplace in which the righteous are rewarded with profit, and the unrighteous sanctioned with failure; a structure orgainzed so that "too big to fail" (economy of scale) does not determine the success of worst practices, but cultivates, teaches, the discipline, the virtue, the strength, the assured succes, of the best practices--of doing the right thing.
It is not impossible to organize an economy that minimizes the possibility for corrupt practices. That would not be a consolidated model of capitalism or the socialism it causes. No. That would be the deliberate, self-determination of establishing and maintaining a deconsolidation of power, democratic processes, in priority. That would be to establish and maintain a free and unconsolidated marketplace in priority through the political will, the collective wisdom and action, of The People, so that we may enjoy the fruit of life by ensuring that it will be fruitful, and to be assured it may be enjoyed in peace.
That begins with a vote for Obama/Biden.
Beware of the purported benefit of top-down coordinated efforts of central bankers to manage the current crisis favorable to you. No, the measures that are most favorable to The People are from the bottom up, by empowering The People with ensuring pluralistic processes. Again, that is a vote for Obama/Biden.
Economies of scale that are only marginally competitive at the global level have, and will continue to be, an empirical failure! This top-down (trickle-down) management of economy is not worth defending unless, of course, you are rich and powerful. or rely on the largesse of the rich and powerful to finance your argumentation.
Getting the credit you need will not be from the top down. Relying on the central bankers to provide the credit you need IS THE PROBLEM, not the solution! Each nation is capable of organizing out of this crisis from the bottom up. Global, top-down management just temporizes the effects of the crisis for it to cycle around and make The People suffer the deprivations of consolidated capitalism another day.
This is not a matter of getting money flowing again from the top down. Doing that is a confirmed failure! Investing form the bottom up will organize the success, the virtue, of power that is the free and full self-determination of The People: a global economy organized from the bottom up in which getting the credit you need is assured in priority, by operation of your self-determination, by being posessed, not dispossessed by the dictates of a powerful few from the top down.
The credit you need will be possessed in priority to finance the success of the righteous in a free and unconsolidated marketplace in your community, in your nation, in the world!
Just do it!
Obama/Biden 2008!
Friday, October 10, 2008
Oil Prices
Remember back when oil prices were peaked to nearly 150, analysts, like myself, argued the technical data indicated the price was being leveraged, manipulated, into a false peak-demand hypothesis (peak oil) that was really a means for deflation of the global economy and consolidation of the wealth.
The pop analysts that discredited the false peak-oil hypothesis as a paranoid delusion are now recognizing a peak oil price that was apparently "artificially high."
Imagine, that we should not believe the oracles of pop analytics!
The artificial, leveraged, value was about 40 percent. The value capitulated from savings is about 40 percent. That's no coincidence.
So, you see how the indirect means of market mechanics, falsely argued as free market economics, with a consolidated capital leveraged (massive money flow volume) operates to expropriate value from the class of non-elits, empirically confirming who are the rulers, and who are the ruled.
It's time to recapitalize the gain, not the loss, into a genuine pluralism of the marketplace--a real free-market economy that keeps the entrepreneurial spirit fully operational and fully accountable with an easily verifiable legitimacy by the full and peacefully prosperous participation and determination of The People.
What We The People want is what We The People need.
Having what We want and need is entirely possible.
It is time to do it!
Obama/Biden!
The pop analysts that discredited the false peak-oil hypothesis as a paranoid delusion are now recognizing a peak oil price that was apparently "artificially high."
Imagine, that we should not believe the oracles of pop analytics!
The artificial, leveraged, value was about 40 percent. The value capitulated from savings is about 40 percent. That's no coincidence.
So, you see how the indirect means of market mechanics, falsely argued as free market economics, with a consolidated capital leveraged (massive money flow volume) operates to expropriate value from the class of non-elits, empirically confirming who are the rulers, and who are the ruled.
It's time to recapitalize the gain, not the loss, into a genuine pluralism of the marketplace--a real free-market economy that keeps the entrepreneurial spirit fully operational and fully accountable with an easily verifiable legitimacy by the full and peacefully prosperous participation and determination of The People.
What We The People want is what We The People need.
Having what We want and need is entirely possible.
It is time to do it!
Obama/Biden!
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