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Several years after receiving my M.A. in social science (interdisciplinary studies) I was an instructor at S.F. State University for a year, but then went back to designing automated machinery, and then tech writing, in Silicon Valley. I've always been more interested in political economics and what's going on behind the scenes in politics, than in mechanical engineering, and because of that I've rarely worked more than 8 months a year, devoting much of the rest of the year to reading and writing about that which interests me most.
(19 comments) SHARE Friday, December 27, 2013 Growing Inequality, Deliberately Engineered Through a Whole Range of Policies Intended to Redistribute Income Upward
There's a long list of ways in which our well paid(-off) gov't officials have obediently acted to redistribute income upwards over the last 30+ yrs. Inequality didn't just happen; it is the result of government policies. For the sake of what might be called "trickle-up,' Congress and the prez have deliberately decided to craft budgets that lead to millions of unemployed, which puts downward pressure on wages. Hence trickle up.
(7 comments) SHARE Thursday, March 17, 2011 The End of Economic Growth
The economic crisis that began in 2007-2008 was both foreseeable and inevitable, and it marks a permanent, fundamental break from past decades -- a period during which most economists adopted the unrealistic view that perpetual economic growth is necessary and also possible to achieve. But there are now fundamental barriers to ongoing economic expansion, and the modern world is increasingly colliding with those barriers.
(21 comments) SHARE Wednesday, June 9, 2010 An oligarchy at war with America
Unlike some countries, the US is not an ethic group. It is a collection of very diverse peoples united under the Constitution. However, when the Constitution was essentially gutted by the recent Bush administration, the US in some important ways ceased to exist. What exists today are power centers that are unaccountable. Elections mean nothing, as both parties are dependent on the same powerful interest groups.
(8 comments) SHARE Tuesday, May 17, 2011 America's Shrinking Middle Class & the Banksters Who Are Helping the Process
Corporate stealing has become a kind of national pastime for the financial elite, and Goldman Sachs is far from the only company getting away with it. If the Justice Department fails to give us a chance to judge this case, and if Goldman skates without so much as a trial, it will confirm once and for all that the law in America has become subjective, and that crime is now defined not by what you did, but by who you know.
(9 comments) SHARE Wednesday, June 17, 2009 Why the Coming Crash Will Be More Severe than the Great Crash of 1929
Since the "Reagan Revolution" of 1981 ("don't tax and spend, just borrow and spend"), our federal government has borrowed and spent way too much. Even worse, it borrowed most of it during so-called "good times," and did so on a scale once reserved for the rare Keynesian stimulus needed to combat serious recession. Now that we're in a deep recession, we can't really afford to borrow more -- not without grave consequences.
(39 comments) SHARE Wednesday, May 8, 2013 Financial Experts with Great Prediction Records Are Saying Another Economic Meltdown is Imminent
Rickards explained his concerns at the Pentagon's Warfare Analysis Laboratory. He was asked by generals to carefully lay out this "Economic Pearl Harbor" scenario that allegedly stems from a financial war that our very own leaders have (inadvertently?) started, and which is now precipitating a global counterattack that nobody on Capitol Hill, at the Treasury, or at the Federal Reserve wants to talk about or even acknowledge.
(6 comments) SHARE Friday, January 28, 2011 Toward a better understanding of exactly how the banksters are stealing trillions from us
At least eight U.S. states are considering proposals to start state-run banks in the wake of an economic crisis where many private banks ceased or greatly decreased their lending, literally shrinking the money pool available in state economies.
Economist Ellen Brown, author of "Web of Debt", has been writing commentaries on various websites and runs a Google Group that has been pushing the idea of state-run banks.
(11 comments) SHARE Sunday, July 28, 2013 Stunning letter to Obama from Snowden's father
Thoreau's moral philosophy found expression during the Nuremburg trials in which "following orders" was rejected as a defense. Indeed, military law requires disobedience to clearly illegal orders. A dark chapter in America's World War II history would not have been written if the then United States Attorney General had resigned rather than participate in racist concentration camps imprisoning 120,000 Japanese American citizens
(21 comments) SHARE Wednesday, November 28, 2012 Manufacturing Break-though, Based on 3D 'Printing,' is About to Change the World
According to several well-known periodicals within the mainstream media, many experts now believe a revolutionary new 3D-printer technology will trigger the rebirth of US manufacturing and put an end to the "Made in China" era. There are three cutting-edge American companies at the forefront of this revolutionary technology. The New York Times says,
"3D Printing is Spurring a Manufacturing Revolution."
(5 comments) SHARE Friday, February 26, 2010 Matt Taibbi: The banksters are about to make another big killing, once again at our enormous expense
The banksters are back, conniving and playing speculative long shots, this time with the full financial support of the government. In the process, they're re-creating the conditions for another crash, once again playing the same crazy games of financial chicken with the same toxic assets as before, in a frenzy of high-stakes con-artistry, with us being bilked out of billions by way of a dizzying array of hustles and cons.
(3 comments) SHARE Friday, December 4, 2009 United States of America, Chief Kingpin in the Afghanistan Heroin Trade?
The American mission in Afghanistan has devolved to a Mafiosi-style arrangement that poisons every military and political alliance entered into by the U.S. and its puppet government in Kabul. It is a gangster occupation, in which U.S.-allied drug dealers are put in charge of the police and border patrol, while their rivals are placed on American hit lists, marked for death or capture.
(28 comments) SHARE Thursday, January 7, 2010 Is Obama a captive of America's most powerful banks and corporations?
There are obvious reasons for preventing commercial banks (now allowed to carry the hard-earned savings of depositors and a federal guarantee of their worth) from engaging in the high-roller risk-taking of investment banks. If even John McCain now understands this, one must ask why doesn't President Obama? The answer may well be that our president is essentially a captive of the banks that can kill his bid for a second term.
(8 comments) SHARE Saturday, July 2, 2011 From Democracy to Kleptocracy: What's Being Stolen From Us and How
The domination of the political process and the economy, by a financial cartel, was masked by a welter of purposefully obfuscating legislation. This is of course the exact same trick Wall Street used to cloak the risk of the mortgage-backed derivatives it sold as "low risk" AAA rated securities: By design, the instruments were so complex that only the originators understood how they worked. Banks now rule & own ever more.
(40 comments) SHARE Saturday, August 16, 2014 By What Means Have Income and Wealth Steadily Been Transferred to the Rich?
This transfer has mainly occurred by way of employers making sure that the profits and benefits of ever greater worker productivity (which advancing machinery and technology steadily provide) is rarely if ever shared with workers in the form of a reduced workweek and/or a higher hourly wage. Instead, this ongoing stream of newly created wealth is continually directed upward into their elite pockets.
(1 comments) SHARE Wednesday, April 4, 2012 Chemicals in your food that may well cause heart disease, diabetes, BPH and cancer
Bisphenol-A, a controversial chemical used in the lining of nearly all cans used by the food&beverage industry, got a reprieve from the gov't last week. Responding to a court order to decide on the Natural Resources Defense Council's petition to ban the stuff on the grounds that it causes harm even in tiny doses, the FDA rejected the petition and upheld its approval of BPA, thereby saving the food industry billions.
(12 comments) SHARE Monday, June 18, 2012 The Ongoing Multi-Trillion Dollar Heist That Continues to Shrink America's Middle Class
Remember how the mafia used to tell businesses to either pay up or your business will be ruined? What we have here is the new mafia, on a global scale. The main difference is that their names are not Italian. The 2nd largest difference is that the original mafia were pikers and tiny tots by comparison. The 3rd largest difference is that the new mafia essentially owns our gov't & can hire the best attorneys in the world.
(15 comments) SHARE Tuesday, August 23, 2011 How Oligopoly Plus Oligarchy is Leading to "Corporate Communism" in America
We reject communism because it has always allowed a tiny group of people to consolidate control over national resources (including people), in the process ending competition, freedom and choice. It leaves its citizens stagnating under perpetually broken systems with no motivation to innovate, improve services or reduce costs. Lack of choice, unresponsive customer service, a culture of exploitation. Does this sound familiar?
(33 comments) SHARE Wednesday, January 5, 2011 Why are so many Americans unemployed and underemployed? And what could we do about it?
No able bodied person in the US should be denied either employment or the basic necessities of life, especially housing, food, medical care, primary education, electricity, water and the like. Anyone should have the opportunity to work in these various fields of cooperative endeavor. Assume that reasonable standards of efficiency and organization could (with the help of modern technology) be maintained. Here's how.
(18 comments) SHARE Monday, June 6, 2011 Tracking, Explaining and Understanding the Cleverly Organized Crimes of Banksters
As America girds itself for another round of lunatic political infighting over which barely-breathing social program or urgently necessary federal agency must have their budgets put on the chopping block, so as to enable billionaires to keep their third boats and fourth homes in top shape, it's important to point out just how scarce money **isn't** when it comes to socialism for the rich.
(13 comments) SHARE Monday, July 25, 2011 The Kucinich Plan for National Economic Reform and Recovery
Rep. Kucinich says Congress must direct the Treasury Department to issue US Notes (like Abe Lincoln's Greenbacks, but which would also be issued in electronic deposit form) to pay off the National debt. He says the US must also increase the reserve ratio that private banks are required to maintain from 10% to 100%, thereby ending bankster ability to create money out of thin air and then loan this funny money out at interest.