Posts Tagged With: business

GENETIC PREDISPOSITIONS: PART II

When I was young, (yes, electricity had already been discovered and was in general use) there was term often used by newspapers and other media to disparage or otherwise shame certain members of society. That term was “being on the dole” and it came to signify those unfortunates that were having a tough time financially and required governmental assistance to get thru the transactions of day-to-day living. That phrase originated in England in 1917 and was in reference to benefits being “doled” out by the government to generally poor souls that couldn’t otherwise provide for themselves. Since the U.S. at the time, had a hard-core, laissez-faire, capitalistic type of thinking ingrained into most people’s psyches, having to receive government assistance was considered especially shameful. The mark of a slacker, one too lazy or otherwise too indolent to provide for themselves. Indeed, according to newspapers that were published in those days, no criminal’s deeds were as heinous as that of someone “being on the dole.”

With the advent of FDR’s New Deal, however, the use of that term began to lose it’s luster. It turned out that with the creation of Social Security and Medicare legislation, virtually all seniors were eventually “on the dole,” so to speak. More social programs regarding veterans benefits, student loans, housing and other government assistance came into being, so it seemed almost everyone “was on the dole” at some point in their lives, and that inglorious phrase was eventually tossed into the dustbin of history. It was to some degree revived in a new form during the Ronald Reagan administration in the 1980s. The term “welfare queens” suddenly came into existence as racist code to denote single black mothers who were supposedly having babies out of wedlock in order to receive larger government welfare checks. When it was pointed out that the preponderance of welfare payments were being made to white people, that derogatory phrase also faded from the public forum. But the on-going efforts of the fortunate to stigmatize the unfortunate in some shape or manner continues on unabated.

This is kind of a long way around to come to the main point of how genetics is often the determining factor in the way our lives will unfold and the destinies in store for all of us. Some time back I wrote a piece called “Genetic Predispositions” which still receives “views” years later, and I thought I would update the original with additional insights. In the original, I cited some extreme examples of how one’s genes are often the determining factor of the life being led. How, due to genetic malfunction, some fetus brains are bathed in an overdose of serotonin while in the womb. Hence, when these individuals grow into adulthood, they cannot derive pleasure or comfort from those activities that normally satisfy most of us, and thus, are often likely to turn out to be brutish rapists or serial killers to satisfy their lusts. Even when the brain develops normally, genetic make-up is usually the name of the game.

Those whose DNA is formed with a talent for fiscal matters often do the best in our capitalistic society. Bankers, Wall Street brokers, hedge fund managers, entrepreneurs etc. often accomplish the most financially, and are able to lead the most luxurious materialistic lives. Not that such bountiful materialism necessarily translates into lifelong happiness and serenity. Just ask those who knew Elvis Presley, Marilyn Monroe, Michael Jackson or Whitney Houston for starters. All four of whom had not only acquired immense riches, but, also millions of adoring fans and worldwide fame; but still managed to kill themselves at a fairly young age. On the the other hand, those whose DNA thrusts them into the artistic side of human performance usually receive the short end of the stick from a capitalistic oriented society. Very few writers, artists, musicians, etc. receive just compensation for their efforts and often live in poverty throughout their lives. This could also result in early demise. Think Vincent Van Gogh or Edgar Allen Poe, neither of whom caught a break as far as public recognition of their talents while they were still alive, and who also died at an early age

Most of the rest of us are somewhere in the middle, living anywhere from relatively lower middle class, to reasonably comfortable lifestyles, depending on the talent programmed into our DNA. But what I didn’t mention last time are the environmental factors that one grows up with, that also have a huge influence on our future lives, and must be considered along with genes as one of life’s determining forces. An Irish poet put it best when he wrote that “They fuck you up your Mum and Dad; they fuck you up real good.” Those coming from abusive or dysfunctional homes where parents might be alcoholics, druggies, or child molesters, hardly have a chance in life, no matter how strong their genes may be. Some hearty, brave souls do manage to escape an horrendous upbringing, however, and go on to thrive in life.

It the end it virtually all comes down to a matter of genetic inheritance and environmental upbringing. I think, though, that genes are more of the determinant factor. As for me, at this stage of my life, I’m quite content to be “on the dole” and receive my government benefits.

Categories: A malfunctioning psche, Economics, Health Care, Obamacare, human affairs, politics, Ronald Reagan, the Depression | Tags: , , , , , , , , , , , , , , , , | Leave a comment

THE UN-TRUMP

As the Trump Administration lurches from one pending disaster to the next, the latest being the ill-conceived firing of FBI Director James Comey, one would think that the Democrats would have at least several young, ambitious, potential candidates to challenge The Donald in the next scheduled mud-wrestling challenge. Sadly, the Democrats appear to be too demoralized and apathetic to even enter the arena. They’re truly in a state of shambles. There seems to be no Young Lochinvar to ride in from the west on his trusty steed to save the country from the machinations of a demagogic president and his henchmen. But if there were such a bold, brazen Democratic senator for example, he or she might want to pursue the following path to a likely victory come the next election. He or she could start out by visiting college campuses and deliver the following speech.

“Good evening fellow students of LSU. I say fellow students because I am an alumni of this fine institution, being an under-graduate not that many years ago. Let me start off by saying that I am the Un-Trump. I live in a state of reality and sanity, rather than in a parallel universe of delusional paranoia. I don’t indulge in pathological narcissism, and I don’t try to cover-up wrong-doings that might of occurred on my watch with serial mendacity. I don’t indulge, every other day, in Twitter tirades against perceived critics or enemies, with all the fervor of an adolescent teen-ager whose ego has been absurdly bruised. I would not continue on the campaign trail long after the election is over, in a pathetic attempt to boost my sagging poll numbers. I would not enlist the help of Russia or any other country to hack my opponents computers or otherwise spread false news to assist my election effort. I would not attempt to bar peaceful citizens of any country, or nationality or religion from entering the U.S. for legitimate reasons. And if I am elected your president, I would not have members of the Alt-Right white supremacist movement as my closest advisors in the White House. To the contrary, I would employ the strongest of civil rights advocates. As I’ve said, I am The Un-Trump.

“And one other matter above all else. I surely would never build that hideous 2000 mile monstrosity on the Mexican border that will become known as the Trump Wall, if it does become a reality. Erecting such a barrier would not only be the biggest boondoggle in U.S. history, costing tens of billions of dollars in taxpayer money, its effectiveness in keeping out criminals or terrorists would range between negligible to non-existent. And that’s one of the reasons I’m appearing before you tonight. I need your help in assuring that the Trump Wall never becomes a reality. If, in fact, it appears that construction is about to begin on this fiasco, who among you will join me at the Mexican border to stand in the way of the tractors and earth-movers. In civil protest and disobedience, Ghandi-style. If a few thousand of us come down to the border and stand in the way of construction crews, this wall will not be built. Perhaps, if as many as 10 or 20 or 50 or even 100 thousand people show up to block construction, this hideous wall will never see the light of day. They couldn’t possibly lock up that many protesters. But remember, this would be an act of civil disobedience, with emphasis on “civil.” There can be absolutely no violence on our part, which would only serve to discredit such a protest. It must be 100% civil, the way Ghandi employed such tactics to free India from British colonial rule.

“In coming weeks I plan to visit more college campuses and other venues to elicit as much support as I can to block this impending insanity. So I ask, one more time, who will join with me in this act of conscience. Let me see a show of hands. Ahh, good. I see most of you are willing to support me in this crusade. It bodes well for the resistance. If it keeps growing, we can end all this craziness within a few short years. Remember, above all else- I am the Un-Trump.”

Alas, it appears, however, that there is no such young Democrat on the horizon that has that kind of energy and inventiveness. You might say Bernie Sanders; but he would be about 78 come next election, which really is too old. Elizabeth Warren is a possibility, but she’s not exactly a spring chicken herself. Lacking a Young Lochinvar, all you young people are faced with the bleak likelihood of enduring the Trump insanity for 8 long years.

One other thing. The crude vulgarity that Trump employed to fire James Comey was beyond comprehension, even for Trump. Comey had to learn about being dumped from a third party source as he was about to give a speech. It was obviously in retribution for the ongoing FBI investigation into the Trump team’s collusion with Russia to alter the final election results. The unceremonious firing was ironic also, since it was Comey that handed Trump the election victory on a silver platter. It was Comey, who 12 days before the election, stated that the FBI was re-opening it’s investigation into Hillary Clinton’s emails processed on a private server in Clinton’s basement. If Comey had kept his mouth shut, Hillary would now be sitting in the Oval Office. And for that, the thanks that Comey received from the president this past week was to be sacked as if he was the janitor in the J. Edgar Hoover building in Washington D.C.

Categories: A malfunctioning psche, Brexit, Donald Trump, Alan Greenspan, Donald Trump, Hillary Clinton, Bernie Sanders, Ted Cruz, John Kasich, presidential polls,, Economics, Health Care, Obamacare, human affairs, Israeli-Palestinan Relations, Joe McCarthy, McCarthyism, World War II, Viet-Nam, Anti-Communist Witch Hunts, Army-McCarthy hearings, Islamic Jihadist terrorism, Soviet Union, Red China, politics | Tags: , , , , , , , , , | Leave a comment

FRANCE CHOOSES SANITY

How come the French were able to act so rationally when it came to their run-off presidential election held yesterday, while the United States behaved so badly in its presidential balloting held last November. How come France, by a two-thirds vote margin, was able to elect the candidate of moderation and common sense instead of the one pushing an agenda of white supremacy, economic supra-nationalism, and favoritism toward Russia’s tyrant Vladimir Putin, while we in the U.S. did just the opposite. Perhaps it’s something in the drinking water; or the outstanding quality of French wines.

In yesterday’s presidential run-off election in France, independent moderate Emmanuel Macron easily defeated National Front far-right candidate Marine Le Pen to win a 5 year term. At age 39 Macron is the youngest president in French history. His campaign rested on reviving France’s sclerotic economy which has been virtually on life-support since almost the end of WWII. France’s unemployment rate is more than double that of the U.S., and its economic productivity and growth rates are less than half of that in this country. Marine Le Pen’s demagoguery regarding those issues, however, never caught fire during the French campaign the way Donald Trump’s demonizing of those matters in the U.S. gave him an unexpected victory. Le Pen promised, if elected, to pull France out of the European Union, renounce the euro in favor of the franc, deny entry to Muslim immigrants fleeing into Europe from the Mid-East, and cozy up to thuggish Vladimir Putin in Russia while dis-engaging from NATO and the EU. Almost an exact female replica of Donald Trump. She called herself a “nationalist” as Trump’s key advisor, Steve Bannon, has described himself. In both cases, the term “nationalist” was code for white supremacist.

Of course, Le Pen was fighting a huge uphill battle to begin with. Her father, Jean Marie Le Pen, who had founded the National Front party in the 1970s, was notoriously bigoted, especially toward Jews. He was a Holocaust denier exhibiting a distinctly fascist profile. Marine tried to scrub off her party’s bigotry, but her whitewash job didn’t work as well with the French electorate as it did here in the U.S. with Trump’s demagoguery. Perhaps the fact that France suffered for five years under the heel of a fascist tyranny until liberated by the Allies a mere 72 years ago might have been a factor. A five year span when virtually every French Jew was rounded up by French quislings and sent to Nazi death camps. In any event, Macron won handily as Hillary Clinton should have done in the U.S. election, except for monumental Democratic incompetence and blunders.

So now, instead of living with a Clinton Administration of moderation and rationality, Americans are forced to cope with the right-wing agenda and hysterics of the Trump follies. Jeff Sessions, the arch-typical white southern bigot from Alabama that Trump made his Attorney-General, wants to deny the growing number of states that have legalized marijuana, the right to do so. He would still have the Feds go after and prosecute marijuana sellers as well as buyers. (Whatever happened to the GOP’s insistence on “states rights.”) And forget about anything resembling civil rights enforcement coming out of the Justice Department. Meanwhile the top priority of the moment for Trump and his Republican Congress is to repeal and replace Obamacare. They shoved such a bill through the House, which is long on repeal and minutely short on replace. So what if the poor that can’t afford health insurance become gravely ill. I guess they should just curl up in a ball and die somewhere, so as not to bother us righteous folk that do have health insurance. Some 20 million people that were able to sign up for Medicaid under Obamacare, as minimal as that is, are now in jeopardy of losing that coverage under the Republican proposed legislation. Supposedly, the GOP plan will be drastically overhauled when the Senate takes it up.

And the beat goes on. Next up on the Trump agenda is income tax overhaul. The proposed legislation is once again distinctly Republican. Heavy tax cuts for the rich, with a few crumbs tossed to the middle and lower classes. Trump in this instance is following Ronald Reagan’s formula of large tax cuts for the upper classes while substantially increasing our military and defense spending. The same formula that started us on the road to the $20 trillion budget deficit this country now so sublimely endures. How does that line go- the more things change, the more they stay the same.

Trump, always the comfortable occupant in his parallel universe of delusional paranoia, recently said words to the effect that a government shut down is needed in this country, and is long overdue. Current appropriations to keep the government running expire on September 30 of this year. Congress must appropriate and the president must sign new legislation to keep the government operating for the new fiscal year starting October 1st. Trump has threatened to veto any new appropriations that don’t contain funds to build his myopically insane border wall with Mexico, or don’t slash funding for agencies that he considers useless such as the National Institutes for Health, or the Environmental Protection Agency and a host of others.

These and many, many other examples are the consequences of a Trump versus a Clinton regime in the White House. The consequences of less than a hundred thousand votes going the wrong way in Pennsylvania, Michigan, and Wisconsin. Anyway, congratulations to the French for finally doing the right thing. After the Brexit vote in England, and the Trump victory in the U.S., it seemed like the end of Western civilization as we know it; but France has shown that it doesn’t have to be so. Perhaps we should all move to France.

Categories: A malfunctioning psche, Brexit, Donald Trump, Alan Greenspan, Donald Trump, Hillary Clinton, Bernie Sanders, Ted Cruz, John Kasich, presidential polls,, Economics, Health Care, Obamacare, human affairs, politics | Tags: , , , , , , , , , , , | Leave a comment

THE ACCIDENTAL PRESIDENT

It’s late 2015 and Donald Trump is having a small gathering at his penthouse at Trump Towers in Manhattan. His family is there including his children and grandchildren, as well as some friends and associates his known over the years. The conversation invariably begins to dwell on politics and how the upcoming 2016 primaries are starting earlier and earlier. Suddenly, Donnie Jr. loudly comments that- “You know, Dad, you could take another run at it. It’s not too late to get your name on the ballot for the Iowa caucuses.” “Right,” replies Trump. “Because it worked out so well for me in 2012.” But Donnie Jr. is persistent. “The only reason that went bust was because you let Corey talk into running as a “birther.” (He’s referring to Corey Lewandowski, Trump’s campaign manager in 2012, and the first half of the 2016 campaign.) “That was a losing issue from the beginning. There just wasn’t enough true believers in the Republican base to convince that Obama was secretly born in Kenya. Besides this time, you would be running against Hillary, a much weaker candidate than Obama ever was.”

“This time you can focus on the stuff that has the Republican base all in tizzy,” continues  Donnie Jr. “Like all the Mexican illegals pouring over the border. Most Republicans really hate that. And ISIS terrorism and the flood of Moslems coming into this country as well as Europe are certainly issues to rile people up. Look at the recent attacks in Europe and California. Both of these areas could give you plenty of traction in the primaries.” “I don’t know Dad,” injects Ivanka, speaking for the first time. “Aren’t there like 20 guys running for the nomination. How are you going to stand out from the rest.” “By being different than rest, and politically incorrrect” declares Steve Bannon,” a close associate of Trump over the years, and head of the Alt-Right propaganda outlet called Breitbart News.  “I mean, look who he would be running against. Jeb Bush? Give me a break. Not only has his time come and gone maybe a dozen years ago, but I don’t believe the country is ready for still another Bush in the White House. Ted Cruz? Outside of Texas, his drawing power is diddly-squat. Rubio? Too young and inexperienced. The rest are just political pigmies.”

Trump turned to Melania seated next to him, and said- “You know, the kids pretty much run the business on a day-to-day basis as it is. It’s not like I don’t have the time.” “But you would be out campaigning for about the next year,” she protested. “I’d still make time to come home to you, every now and then,” Trump replied. Melania did not look pleased, but said nothing. Turning to everyone else Trump declared that- “If I did do this, I’m not going to spend a lot of my own money, I’ll tell you that. It will be a like a take it or leave proposition. This is who I am, take it or leave it.” And the rest, as the cliche goes, is history.

Trump entered the Republican primaries with 16 other potential candidates. His ratings alongside the others stood at about 5%. That’s when he decided to be as politically incorrect as possible, as Steve Bannon had advised. He denigrated Senator John McCain’s service to his country when he was captured and held prisoner by the Viet-Cong in the hellish “Hanoi Hilton” for 6 long years. Trump stated that he- “liked people that weren’t captured.” (I’m still trying to figure out in what universe that’s a coherent statement.) When Megyn Kelly, Fox News host, was critical of him during a debate, Trump stated that “she had blood coming out of her whatever.” He said that Mexico was deliberately sending us “their rapists and murderers,” and promised to build a 2000 mile long wall to keep them out. He said he would bar Moslems from entering the country, and would “bomb the shit out of ISIS.” (I’m still waiting on some action concerning that last promise.) But the more outlandish the Trump remarks were, the more his poll numbers shot up. From 5% to about the 35-40% range.

Because Trump’s comments were considered so utterly vile, NBC fired him from their “Celebrity Apprentice” show. Macy’s fired him from being one of their spokespersons. But a large chunk of the Republican base really liked what they heard. Every white supremacist organization from the KKK on down considered Trump “their kind of guy.” The “Bikers of America” flocked to the Cleveland Convention Center to provide the necessary protection and muscle to assure that for the first time in their lives, they would have a kindred spirit occupying the White House. To this day, the large and growing white supremacy movement in the U.S. maintains nothing but adoration for Trump and his cohorts.

Despite his demagogic appeal to white racists and bigots, Trump still would have lost the election had his campaign not suppressed the voter turnout amongst blacks, Latinos and other minorities that normally vote Democratic. As I’ve said many times, elections are often decided more by the people who stay home and fail to vote, then by the numbers that do cast a ballot. The Trump campaign cast Hillary in such a derogatory light, that many voters that would have normally turned out for her were too discouraged to make the effort. Also, of course, if we didn’t have this unfathomable electoral college system, Hillary would be occupying the Oval Office today.

I wrote last time about the upcoming French presidential election (this Sunday), where the female version of Donald Trump is trying to use the same tactics of voter suppression on her opponents base. Marine Le Pen, the candidate of the far right, who hopes to become the new French president, is telling her opponent’s base voters that it’s not worth their effort to come out and cast a ballot on Sunday.  It would be much more pleasant for them to take a liesurly stroll in the park. Interesting to see if that tactic will work a second time.

Categories: A malfunctioning psche, Brexit, Donald Trump, Alan Greenspan, Donald Trump, Hillary Clinton, Bernie Sanders, Ted Cruz, John Kasich, presidential polls,, Economics, Health Care, Obamacare, human affairs, politics, Uncategorized | Tags: , , , , , , , , , , , , , , | Leave a comment

THE FRENCH CONNECTION

No, I’m not writing about the excellent movie, a few decades ago, that dealt with drug dealers and won numerous awards. Instead, this piece is about the recently concluded presidential election in France, and its remarkable similarity to the U.S. balloting concluded last November. The only thing different about these two elections is the role reversal of the major candidates. In France the female candidate is the white supremacist, xenophobic candidate while her male challenger is the voice of reason, moderation, and sanity. The irony of these 2 electoral predicaments  couldn’t be more stark.

France has a slightly different method of voting than the U.S. In their first round of balloting held this past Sunday, 11 candidates ran for the office of the presidency. With so many choices it was predictable that no one would receive the 50% threshold level needed to avoid  a run-off. So on May 7, a second round of voting will take place pitting the 2 highest vote-getters, Marine Le Pen of the National Front far right wing party against Emmanuel Macron, an independent moderate. One could rightly view Le Pen as a female version of Donald Trump, as she is running on a platform of anti-immigration, white supremacy, withdrawal from the European Union, demonizing minorities, and cozying up to Russia while abandoning relations with other Western countries. She wants to withdraw from the euro as France’s currency and reinstate the franc. Macron, conversely could be considered a male version of Hillary Clinton as he seeks to strengthen ties to the EU, as well as strengthening France’s famous safety net for the poor and disadvantaged. He would keep the euro in French circulation. Right now, political pundits in Europe are claiming that all French citizens that are not neo-fascist will coalesce behind behind Macron and give him an easy victory in the May 7 round of balloting. Trouble is, these are the same pundits who predicted that Clinton would coast to a sure victory over Trump. London bookies were giving 5 to 2 odds on Clinton being the next president.

Marine Le Pen, aged 47 and twice divorced mother of 3, inherited the mantle of the National Front party from her well known father, Jean Marie Le Pen, who got the ball rolling on the far right of the political spectrum in France in the early 1970s. At first considered a fringe lunatic, Le Pen and his party has slowly gathered steam over the ensuing decades to the point that his daughter is now on the threshold of becoming the next French president. What held Jean Marie himself back from achieving that goal, was his openly virulent brand of anti-semitism. He would often pooh-pooh the fact that the Holocaust ever occurred in the first place, or that 6 million Jews perished in Nazi concentration camps. He stated that a 500 page book on WWII would hardly devote 2 pages to the gas chambers, so inconsequential was their existence. It appears that there was still enough decency in France to not allow that type of rhetoric to occupy its presidential palace.

Marine Le Pen, learning from her father’s mistakes, has down-played the National Front’s overt Jew-hating. Instead she focused her bigotry on the surge of Muslim immigrants trying to flee to Europe from the nightmare wars and acts of terror on-going in the Mid-East, especially Syria. As Trump attempts to slam the door shut in the U.S. to any further Muslim immigration, Le Pen campaigns on enacting the same Muslim prohibitions in France. As Trump’s demagoguery against Muslims (and Mexicans) gained big-time traction in the U.S. among white voters, Le Pen’s anti-Muslim rhetoric has found favor among a large chunk of the French voting populace. (At least she hasn’t expressed any anti- Mexican sentiments thus far.) While it’s true that France and Germany as well as other European countries are being swamped with immigrants from the Mid-East, it must be remembered that these people are fleeing for their and their family’s very lives; and to deny them safe refuge exhibits a special type of heartless disregard.

Some years ago, a movie called “Ship of Fools” was produced based on a real life occurrence that took place shortly before the out break of WWII. It told the story of a group of German Jews attempting to escape Nazi persecution, and hiring a cruise ship to transport them to a safe harbor in some foreign country where their lives would not be in jeopardy. They literally sailed around the world looking for a safe port of debarkation but every country refused them entry. Including the U.S., which then had Franklin Roosevelt as president, supposedly a great friend of the Jews. In the end, they were forced to return to Germany where they were then slaughtered in the Nazi Holocaust. Such was the mindset of their fellow human beings around the world.

So, it will be interesting to see if Marine Le Pen, like her fellow demagogue, Donald Trump, can parlay French fears of being overrun by Moslem foreigners, into the presidency of her country. If she does, it will have huge adverse consequences not only for Europe, and the EU, but for the U.S. as well. But perhaps this time around, the French will exercise better common sense and sanity than Americans did last November, and elect the candidate of decency and humanity to their highest office.

 

 

Categories: A malfunctioning psche, Donald Trump, Hillary Clinton, Bernie Sanders, Ted Cruz, John Kasich, presidential polls,, Economics, human affairs, Isis terrorist attack in Paris,, politics | Tags: , , , , , , , | Leave a comment

OVER THE FISCAL CLIFF WE GO

By now you should have all heard about the “fiscal cliff” and how we are about to plunge over it, if Congress does not act by around Christmastime. Lots of luck with that. The fiscal cliff came into being in August 2011. The voters, in their infinite wisdom during the November 2010 elections, elected  a Democratic majority in the Senate, but a Republican majority in the House of Representatives. Most of the newly elected House members were Tea Party stalwarts, with a supposed mandate to sharply reduce Government spending by cutting the budget. Then, in July of 2011, a piece of legislative idiocy known as the debt-ceiling had to be raised in order for the Government to go on functioning. The debt-ceiling, which is not stipulated anywhere in the Constitution, mandates that the Government cannot borrow anymore money above an amount previously designated by Congress, unless Congress passes a new law designating an increased amount of debt. I know that this is utter nonsense that attempts to appeal to voters who otherwise are not paying attention to the machinations of the way things get done in Washington, but this nonsense is codified in statute.

So, if any of you haven’t fallen asleep yet, I’ll plow on with more explanation of how Congress functions on the taxpayers dime. Thus, back in July 2011, if the debt-ceiling wasn’t going to be raised on Government spending, where 40 cents out of every dollar spent had to be borrowed, it would have meant that major components of the Government would have to be shut down, and Federal employes sent home with no paycheck. It would have meant missed social security or medicare payments, as well as failure to pay Defense and other Government contractors. It would have meant that if you had payed for a trip to any of our national parks, such as Yellowstone or Yosemite, (over 300 million people visit our national parks every year) you were out-of-luck since park personnel would have been sent home, and the parks closed. You get the picture. But catastrophic or not, House Republicans vowed they would not go along with raising the debt-ceiling unless the Obama administration agreed to drastic cuts in Federal spending to begin January 2013, as well as renewal of the Bush tax cuts through the end of 2012. Otherwise the Government would be shuttered, starting August 2, 2011. Just before midnight on August 1, Obama caved, and agreed to all the Republican demands, and the Government was allowed to stay in business through the end of 2012.

By now, those of you that haven’t fallen asleep are probably propping open your eyelids with toothpicks, but, hey, I didn’t make the rules whereby the Government functions in all its splendor. So now we are in December 2012 and the “fiscal cliff” which sounds a lot better than “congressional stupidity” is about to befall us in just a few weeks. If the Administration and Congress can’t come to an agreement, the Bush tax cuts expire, and taxes go up for nearly everyone. This will be noticed immediately in reduced paychecks due to increased tax withholding. Automatic budget cuts will take effect, including a $50 billion annual cut in Defense spending. This has a lot of  Republicans all upset, since spending on military hardware and troops is the holy grail for conservatives. As if the Defense budget was funded by the money tree that grows in the Pentagon courtyard. Small Defense contractors, heavily concentrated in the Washington DC suburbs of Northern Virginia and Maryland, are claiming that they will have to close their businesses should these Defense cuts be allowed to take place. Other non-Defense contractors are also claiming they will have to reduce payrolls or shutter their companies, causing more unemployment and further weakening an already tepid economy. And so it goes, on and on.

President Obama is willing to reinstate the Bush tax cuts for all Americans, except the wealthiest 2% of the population. For them, (couples earning over $250,000) the marginal tax rates would go up 4.6% on earnings after $250,000. Which is where they were during the Clinton years. Yet Republicans are absolutely not willing to accept 98% of the loaf. They are insisting that it has to be either the entire 100% of the loaf, or no bread at all. After all, doesn’t everyone know that a small marginal tax increase on the richest 2% of Americans will cause an irreparable breach in the very space-time fabric of the universe. A breach that can never be healed and will eventually cause the universe to crumble into a heap of ashes. That, in effect is the Republican position on income taxes, and they’re not budging from it.

The Republicans also want to overhaul social security and medicare to lower their costs, both of which are unquestionably breaking the budget. In this instance, it’s the Republicans that are facing up to reality, and the Democrats that are being irrationally stubborn in refusing to come forward with reform plans that are clearly necessary for those 2 giant entitlement programs. Raising the eligibility age for both programs to 67, and eventually to 70, would make them solvent overnight. And such action would be completely justified because the life span of Americans has significantly increased since these programs were enacted. So there you have it- the GOP won’t budge on on a tax increase for the rich, and the Democrats are just as stubborn on reforming social security and medicare. If both parties hold to their positions we go over the fiscal cliff come January.

Awhile back I wrote a piece on the failures and dysfunctions of democracy, and democratic forms of government in general. I pointed out that Winston Churchill had said that democracy was the worst form of government, (except for all the others that have ever been tried.) And now with this extreme polarization among the ruling parties in this country, dysfunction has never been more clearly highlighted. I believe that members of both parties become highly agitated just at the thought of having to compromise with the other side. Thus, we appear to be stalemated. My feeling is, that at the last minute, some sort of agreement will be reached preventing our plunge over the fiscal cliff. Or not.

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BRAND NAMES

One of the more curious events of the recent Republican convention that was totally under reported by the media, was the fact that neither of the last 2 Republican Presidents, George H.W. Bush and George W. Bush were not only not invited, but were never mentioned during the convention process. On the other hand, Bill Clinton, the last Democratic President before Obama, was hailed at the Democratic convention as the second coming, and one could almost see a halo ringing the top of his head when he gave his convention speech. This despite the whole Monica Lewinski scandal thingy. Yet both Bush the Elder and Bush the Younger were both persona-non-grata at the GOP production. Although I disagreed with some of his policies I always considered the elder Bush to be a man of integrity and decency. At least, for a politician. But, I guess, that since he’s a pretty old man now, and he did lose his reelection bid, were factors leading to his aura of invisibility at the Republican festivities. The younger Bush, who also possesses a high level of decency, was made a non-person as far as Republicans were concerned, for several reasons. One, of course, was the economic crash we endured during the last 2 years of his presidency, which got us into the mess that we’re still trying to emerge from today. But the other reason was that W. showed too much moderation for today’s GOP, which has swung totally over to the dark side of political fanaticism. After all, it was under Bush’s reign that the Medicare drug benefit was enacted and federal aid to education, as well as other social programs, was significantly increased.  Can’t have that, as far as today’s Republicans are concerned.

Regarding the economy, however, the economic disaster in 2008 was not Bush’s fault,  nor is it ever the President’s fault. Although Democrats in general, and Obama in particular, have made lifetime careers out of blaming Bush for the bad economy, the reality is that the fault lies in the inherent nature of our capitalist system, and the speculators that try to game the system. In the 1920s, the economy was on a roll and the stock market was booming. It was known as the roaring ’20s. There were big profits to be made in the stock market, and investors were making money hand-over-fist. It really didn’t matter what stock a person bought, the stock market could only go one way, and that was up. Or so the speculators and other capitalistic gamers would have you believe. Until one day in October 1929, someone took a second look at what was supporting highly inflated stock prices, and found there was really nothing there. Word got around, and sooner rather than later, panic began setting in. People started selling their stocks in a mass frenzy, and the entire market collapsed. We all know about the great Depression that ensued, and the misery that America went through for about a dozen years, until WWII pulled us out the hard times.

Similarly, in the 2000s, capitalistic speculators zeroed in on the real estate market where values could only go one way, and again, that was up. Whereas, in previous decades, people bought houses primarily for living quarters, in the early 2000s, speculators were grabbing houses to to make big, quick and easy bucks. Indeed, we bought our house here in Las Vegas in the year 2000, and saw the property nearly triple in value before the roller-coaster ride came to an end sometime between 2006-2007. Almost on a weekly basis, I would tell my wife that our builder had increased the prices of new homes by somewhere between 25,000 to 50,000 dollars, and she would shake her head and utter words of disbelief. We saw speculators buying up scores of houses in our development, in one get-rich-quick scheme after another. Until, as in 1929, someone took a second look, and asked how real estate prices could possibly be so astronomical, given what was being offered for those prices. As previously, panic selling started to set in, and speculators were dumping their properties on the market for whatever price they could get. Today, my house is back down to roughly what we paid for it almost 13 years ago, which is okay since we bought it to live in, not for speculation. Plus, I have the satisfaction of knowing that many speculators and gammers were financially ruined when the housing bubble burst.

Of course, the greatest economic downturn since the great Depression resulted from the bursting of that bubble, and the economy continues to limp along weakly since 2008. Once again the flaws of our capitalistic system raised their ugly heads. But Mitt Romney and the Republicans see the poor economy as their pathway to the presidency and perhaps full control of Congress. Just blame the high unemployment rate and huge deficit spending on Obama and the Democrats, and winning in November should be in the bag. So why isn’t it. When it became a sure thing that Romney would be the Republican nominee back in April or May, and given the lousy state of economic conditions, I expected His Mittness to open up at least a 10%-15% lead in the polling numbers. Yet here we are, a little over a month from balloting time, and the latest polls show the race to be a dead heat with Obama actually having a small lead. What happened?

Could it be that the Republican brand of politics just isn’t selling too well? That the GOP way of fixing the economy by giving tax cuts to the rich while sharply cutting Government spending for the poor, sick and elderly, is not the way many people view reality. You know, that pesky 47% of us always looking for a Government handout. Including veterans from Mid-East wars with brain damage, blindness, missing limbs, or PTSD that insist on asking the Veterans Administration for benefits. Or perhaps those obnoxious seniors always carrying-on about their Medicare or Social Security benefits being tampered with. Or perhaps those receiving food stamps, where the GOP wants to make substantial cuts. After all, if you have no money to feed yourself, is it really the Government’s responsibility to keep you from starving to death.

Or perhaps people are objecting to the Republican brand when it comes to social issues. Like the Republican platform that would not allow any abortions, even in cases of rape, incest, or where the mothers life is at peril. Or the GOP guy from Missouri running for the U.S. Senate, claiming that a woman’s body would take care of her in cases of “legitimate” rape. (I would hate to see what illegitimate rape looks like.) Or the Republican continuing war against gay rights and gay marriage. Thus, in a year when a bad economy should enable the GOP to sweep into power, Republicans, as I said previously, have gone so far over to the dark side of right-wing whackoism, that the race for both President and Congress remains exceedingly close. I still think that Romney will likely win, because he has more billionaires willing to spend whatever it takes to get him elected. But by this point in time it shouldn’t even be close, except for the Republican brand of extremism. And as I’ve said many times, Mitt Romney remains the best candidate the billionaires could buy.

 

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