Friday, July 3, 2015

Is Sanders the next FDR?

Thom Hartmann thinks so. Sanders is facing what FDR faced: rampant capitalism. Hartmann thinks, as do I, that capitalism is an extension of feudalism. FDR initiated democratic socialism with the New Deal and most everyone flourished. It was the only environment in which a middle class could exist, since capifeudalism detests it. The time is ripe again, just as it was before FDR. And Sanders is the only one that can lead us back to democratic socialism, the principles upon which this country was founded.

Thursday, July 2, 2015

Senator Sanders on Greece

See this article.

“It is unacceptable that the International Monetary Fund and European policymakers have refused to work with the Greek government on a sensible plan to improve its economy and pay back its debt,” Sanders said in an exclusive statement to The Huffington Post. “At a time of grotesque wealth inequality, the pensions of the people in Greece should not be cut even further to pay back some of the largest banks and wealthiest financiers in the world.”

Chomsky on Greece

See this article.

"What’s going on with the austerity is really class war. As an economic program, austerity, under recession, makes no sense. It just makes the situation worse. So the Greek debt, relative to GDP, has actually gone up during the period of—which is—well, the policies that are supposed to overcome the debt. In the case of Spain, the debt was not a public debt, it was private debt. It was the actions of the banks. And that means also the German banks. Remember, when a bank makes a dangerous, a risky borrowing, somebody is making a risky lending. And the policies that are designed by the troika, you know, are basically paying off the banks, the perpetrators, much like here. The population is suffering. But one of the things that’s happening is that the—you know, the social democratic policies, so-called welfare state, is being eroded. That’s class war. It’s not an economic policy that makes any sense as to end a serious recession. And there is a reaction to it—Greece, Spain and some in Ireland, growing elsewhere, France. But it’s a very dangerous situation, could lead to a right-wing response, very right-wing. The alternative to Syriza might be Golden Dawn, neo-Nazi party."

Regressives are dumb and prejudiced

No surprise, right? Also supported by science in this article.

"The research finds that children with low intelligence are more likely to hold prejudiced attitudes as adults. These findings point to a vicious cycle, according to lead researcher Gordon Hodson, a psychologist at Brock University in Ontario. Low-intelligence adults tend to gravitate toward socially conservative ideologies, the study found. Those ideologies, in turn, stress hierarchy and resistance to change, attitudes that can contribute to prejudice, Hodson wrote in an email to LiveScience."

Sanders is drawing large crowds

See this article. How many of the other candidates are drawing crowds like this, nearly 10,000?

Wednesday, July 1, 2015

This is what the regressives consider victory

Killing prisoners via torture and killing the rest of us with pollution. Yes, this is what their agenda has come to. Hurray for the regressive worldview, eh?

Senator Warren on marriage equality

She destroys the regressive Supreme Corp dissenters in this landmark case who claim marriage equality is not supported by the Constitution. It's plain and clear under the 14th Amendment and equal protection under the law.

Christian persecution?

Professional liability insurance corruption

Continuing from the last post, the last company I worked with was a start-up originally owned by a capital investment company, one that was part of the banking crisis previously mentioned. Their strategy was to sell a bunch of policies fast with minimal underwriting standards, often ignoring bad risks for fast growth and then sell off the company before the losses caught up with them. They knew the losses due to claims would be fast and furious so the only way they could stay ahead of them was to continue the process of writing more and more bad risks to generate more premium.  I was continually pressured to write bad business knowing the losses would exceed premiums and I refused. I was likely soon to be fired for this, as were two upper level executives before me. I retired before they could get rid of me.

Greek and US financial woes

See this article by Stiglitz on Greece's problems, created not by Greece but by the criminals that imposed failed austerity policy upon them. It's a similar dynamic that caused the US financial crises. I was working in the insurance industry at the time and saw it from the inside. It was NOT those who couldn't afford to buy houses that caused it by defaulting on their loans. It was bankers who not only gave loans to people they knew could not afford it, but then turned around and bet they would default so they could make money on those defaults. They created a situation knowing full well those defaults would crash the economy and didn't care in the least because they also knew full well they'd be bailed out due to insiders in the Treasury and Administration, former banksters themselves. It's a criminally corrupt system and why I had to retire early and blow the whistle on my own employers. Only the likes of Sanders, Warren and progressives give a shit about this.