Bring Back Capital!


A great deal of putative middle-class wealth has evaporated in the current financial crisis. Unless you cashed out and put the money in precious metals or in the mattress before the current financial crisis began, it is gone forever. As for what remains, we are in the process of being further subordinated to huge commercial interests, and are already locked in to a severely declining standard of living. Continue reading

Political Lies and Unction

In his remarks upon signing the Dodd-Frank Wall Street Reform and Consumer Protection Act on July 21, 2010, President Obama said that “the American people will never again be asked to foot the bill for Wall Street’s mistakes.” This was one of the most quoted sound bites in main stream media accounts of the passage of this historic legislation, and rightly so. What better statement from the speech so forcefully and unconditionally conveys Obama’s promise of Hope and Change? Continue reading

The State and Piracy

It seems that piracy has, as it did a couple centuries ago, surfaced once again near the top of the official “things to fear” list. Admittedly, I’m a bit late — as I write, it is being replaced by flu. It’s always important, not just to keep the population in a state of fear, but to keep changing the items to be feared. This way, people will not fix their fear on a particular item, and then relax when that item is no longer reported. The goal is to keep us in a constant state of fear and dependence. Continue reading

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