A War Of Position
Saturday May 19th 2012

‘Economics’ Archives

This Is Not A Prophecy, This Is Just A Warning

A victim in a system about cold cash
If you don’t make it then they treat you like trash
Dispose of you tonight if not in the morning
This is not a prophecy, this is just a warning

The Coup - Foul Play

The midterm elections are approaching.  So, what is really going on?  Conservative ads are flooding social media.  Politicians are spending unprecedented amounts of money on mid-term elections.  What’s at stake?  What could this all mean?

SUBVERSION OF DEMOCRACY

First of all, we have evidence of a subversion of the electoral process.  A story ran in the New York Times recently with the title: “Republican Runs Street People on Green Ticket.”  Many people respond with “So what?“  Well, this already came up in South Carolina with Alvin Greene.  This case in Arizona is even more egregious because there is evidence.  So what?  Well, this is a subversion of democracy.  Manipulation of elections is anti-democratic.

What really happened in Arizona? Well, it would appear that the GOP decided to elicit homeless people to run as (unqualified) Green Party Candidates.  We saw in the 2000 Presidential Election that a Green Party vote can diminish the turnout for a Democratic Candidate.  The people that are running on the Green Party ballot have a very unlikely chance of actually winning.  They are inexperienced and ineffectual.  This almost assures a Republican win in these elections.  It is also dishonest and manipulative.

When a politician can win an election by manipulating the voter turnout, or the voting results, the result is not democratic.  Democracy only works when people vote on representatives for their concerns.  The winner of an election is supposed to be the candidate that best represents that majority of voters. (Checks and balances provide for protection from the “tyranny of the majority.”)  If a politician is elected because they subverted this process, they do not represent their electorate.  (This also throws off the checks and balances.)

ECONOMIC BLACKMAIL

At the same time, we have a federal government that is refusing progress.  There are enough Republicans and “Democrats In Name Only” (DINO) that a large amount of proposed legislation by this Presidential administration is not getting passed.  This is hindering any progress made for recover on the national economy, and any other area that needs reform.
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“Insanity is doing the same thing over and over again and expecting different results.”

Insanity is doing the same thing over and over again and expecting different results.
~ Albert Einstein

“Which came first, the chicken or the egg?”  Well, dinosaurs laid eggs.  (Unless you are Sarah Palin, it is pretty accepted that dinosaurs came first.)  The chicken or egg dilemma is really an example of a circular argument of cause and consequence.  Not taken literally, it presents a good example.  Today, we seem to have a psychological problem with identifying cause and consequence.

I saw an advert for American Solutions, and I clicked it.  American Solutions is a tax exempt organization created by Newt Gingrich.  If anyone does not know who Newt Gingrich is, go look it up.  He’s been in the US Government since the end of the 1970s, and is a Tea Party supporting Republican.  He has written several publications.  His latest is To Save America:  Stopping Obama’s Secular Socialist Machine.

According to America’s Solutions, we are at “The End of Obama’s ‘Recovery Summer’.“  The entry is pretty concise.  It relabels “Labor Day” as “Unemployment Day.”  It states that the lack of jobs is due to uncertainty to tax increases and healthcare costs.

Several problems arise in this.  I am going to begin in the end, and then go back to the end after I do the beginning in the middle.  Now that I have explained that well, let us continue. . .

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Crisis of Capitalism

RSA (Royal Society for the encouragement of the Arts) featured this beautiful RSA Animate clip:

Sociologist David Harvey examines the “crisis of Capitalism” and asks if it is time to move to a new system.

Is It Really Flat?

Short one for today… I’m not drawing any inferences… Just putting out some simple tidbits.

Libertarians tend to go on about a Flat Tax. The following passage is from the Cato Institute (a Libertarian think-tank):

Tax reform also offers the possibility of win-win bargains. The basic idea is simple: Shift taxes away from things we want more of and onto things we want less of. Specifically, cut taxes on savings and investment, cut payroll taxes on labor, and make up the shortfall with increased taxation of consumption. Go ahead, tax the rich, but don’t do it when they’re being productive. Tax them instead when they’re splurging–by capping the deductibility of home-mortgage interest and tax incentives for purchasing health insurance. And tax everybody’s energy consumption. All taxes impose costs on the economy, but at least energy taxes carry the silver lining of encouraging conservation–plus, because such taxes exert downward pressure on world oil prices, foreign oil monopolies would wind up getting stuck with part of the bill.

FreedomWorks also supports a tax reform, of either a Flat Tax or a Fair Tax.  They have a website dedicated to it here:  Scrap The Code.

A Flat Tax tax system is used in the following countries:

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