|
|
|
|
|
Stiglitz writes: "President John F. Kennedy once said that a rising tide lifts all boats. But now, in the receding tide, Americans are beginning to see not only that those with taller masts had been lifted far higher, but also that many of the smaller boats had been dashed to pieces in their wake."
Joseph E. Stiglitz speaks at the World Economic Forum annual meeting, 01/26/11. (photo: Getty Images)
|
THE NEW STREAMLINED RSN LOGIN PROCESS: Register once, then login and you are ready to comment. All you need is a Username and a Password of your choosing and you are free to comment whenever you like! Welcome to the Reader Supported News community. |
Comments
A note of caution regarding our comment sections:
For months a stream of media reports have warned of coordinated propaganda efforts targeting political websites based in the U.S., particularly in the run-up to the 2016 presidential election.
We too were alarmed at the patterns we were, and still are, seeing. It is clear that the provocateurs are far more savvy, disciplined, and purposeful than anything we have ever experienced before.
It is also clear that we still have elements of the same activity in our article discussion forums at this time.
We have hosted and encouraged reader expression since the turn of the century. The comments of our readers are the most vibrant, best-used interactive feature at Reader Supported News. Accordingly, we are strongly resistant to interrupting those services.
It is, however, important to note that in all likelihood hardened operatives are attempting to shape the dialog our community seeks to engage in.
Adapt and overcome.
Marc Ash
Founder, Reader Supported News
It's also ridiculous to think that the owners of this country will change their behavior. Both parties are corrupt and the system is rigged.
Since the crooks speak mostly with one another, it's likely that they will not realize how far they've pushed the rest of us until they see the torches on their front lawns.
Repeal tax-cuts for rich Americans.
END WARS in Iraq and Afghanistan that cost trillions of dollars.
Increase stimulus and programs that would get Americans back to work because it will generate massive tax revenues.
A Medicare D, with a provision that allows the government to negotiate prices instead of going with those set by pharmaceuticals . He believes this move alone could save the U.S. trillions.
A "Homeowners Chapter 11" that would allow homeowners to continue to possess their homes, while they restructure their debt and continue to pay down their mortgages. He says, "It doesn't do any body any good to force these people out of their homes… An economy in which you have homeless people and empty homes doesn't make any sense, and that's where we're going."
articles.businessinsider.com/2011-08-10/markets/30051098_1_debt-restructuring-stimulus-economy#ixzz1jNAW7KPK
And still the prescription from economists is more growth? Sure, why not? If we run out of copper, we'll just make copper from something else. If we keep throwing money at holes in the ground, oil is sure to come out. We shouldn't worry because the next big idea is just around the corner. Human ingenuity can get around any old physical law.
I believe that this is important for one reason. There will eventually be a major war to settle this debt. Care to bet? My suggestion is that we embrace this 'fact' and get on with it, but do it slightly differently than we have in the past. Instead of the peoples of our various countries acting as proxies and shields for the real protagonists, the rich, we simply kill the rich to whom most of this debt is owed as 'casualties of war' and the debt is fully repaid on all sides, many fewer people are killed, maimed, twisted, and our cities and possibly our entire civilization are not destroyed. William of Occam would have liked this solution and his namesake tool would be handy in its execution, so to speak. Certainly this would be a reasonable 'sacrifice' to the realities of human history, and these people would hardly be missed by the rest of us, at least not nearly as much as we will miss our own children if conventional historical solutions prevail.
Suppose we reverse that methid of ridding the kingdom of thieves and villains, and go after the miscreants who have accrued all the "bread" from the tables of poor children? (And the tables, and the roofs above them as well?)
Hunger being what it is, I doubt Capital Consequence prevented a lot of theft by the desperately poor. But I shall wager that a few proper hangings would swing considerable plutocratic sentiment toward charity, and serve as a superior corrective of the problem. And I agree we should try it! Where do we start?
Ah viva la revolution!!! To arms Citizens!!!! Let those who vacation in Spain and Hawaii and fly private jets feel the pain of the masses!! Arise you proletariat and call me Comrade.
At this stage of the game, it's a matter of survival for the nation and for the jobless lumpenproletari at, Kamerad.
A strong enema needs be applied to these pathological anal retentives so as to get this needed money back into circulation.
RSS feed for comments to this post