Privatization and Supply Side Economics

So, the Nazis were already using the word "privatization."  I didn't know that.

 

Thanks for this.  Very interesting.  I must praise myself for having figured out, by observation, and by reasoning, what was already being discussed in the scholarly and semi-scholarly literature.

 

Will keep and forward to selected true-believers in supply-side economics.  To review, I allege that supply-side consists of four main elements:

 

1.  Free trade (guarantees that jobs in high labor rate countries are lost, and replaced by jobs in low labor rate countries; also allows the elite ownership class to avoid labor and environmental protections once their factories are rebuilt in low labor rate countries);

2.  Flat tax (or, what we have now, "near" flat tax; this guarantees that wealth sorts to the top, and it is allowed to stay there);

3.  Privatization (puts former government or public utility monopolies or near monopolies in the hands of a wealthy elite);

4.  De-regulation (allows all of this process to proceed without hindrance; however, it also builds in massive instabilities which are inherent in unregulated free markets)

 

Supply-side was created about 1981, in order to provide a theoretical justification for the policies that the Republican leadership at the national level was about to put in place.  Academicians who argued for the "new" supply-side doctrines were given promotions, easy book deals, paying board appointments, and lucrative speaking engagements.  The prime exponents of supply-side were Milton Friedman, Alan Greenspan, Robert Rubin, and Larry Summers.  Keynsian economics fell in to eclipse after 1981.    Its exponents were ignored. The supply-side policies eventually promoted conditions that brought on the Crash of 2008, although I am not aware that anyone has said this publicly. 

 

Supply-side, which favors an elite, is the natural ally of fascism.  Keynsian economics, which favors the majority of people, is the natural ally of socialism.

 

Supply-side is not actually "new."  It is an ancient way of organizing an economy.  Kiss the ring, and receive your monopoly business.  Stop kissing the ring, and your business will be taken away from you.

Earthquakes in Kansas

Looked up, and Kansas has experienced 93 earthquakes this year.  All centered around the area that is active with FRACKING.   The latest one happened 8 miles south of Conway Springs, a magnitude 4.8.

 

Hee hee.  Besides the contamination in the slurry that is pumped down the well, and some comes right back up  (meaning increased birth defect and cancer rates) , and the disruption in domestic wells, now Kansas and Oklahoma have a lot of earthquakes.

 

This is so people can keep their electric toothbrushes plugged in, and drive around in LA in fancy cars .  Then they can feel bitchen' and say "eeee."  (Saying "eeee" is the most important thing in human life.)

 

But don't worry.  Elon Musk and the Tesla will save us.

 

Oh.  Except that the electricity that charges up his car batteries comes from burning that fracking oil and gas (and later, even more toxic coal will be used). 

 

One thing I know for sure:  just keep supporting our Republican buddies who wave the flag and talk about apple pie.  And they in turn support the fracking industry.

 

Sit back.  Relax.  And say "eeee."  (And feel bitchen.') 

The End of Life As We Know It

First read this:

 

http://panswiss.org/highlights/35/en/

 

Isn't doom and gloom great ?!?  Most people REALLY REALLY don't like this approach, but it works better for me.  Once I can see the truth, then things fall into place, and I find this actually heightens my sense of security and appreciation of my little corner of the world.  Sorry bout your jump.  Hope you didn't sprain an ankle. 

 

All most people care about is unrestrained fucking and getting stuff.  (These priorities are eternal, apparently.)  Lately they also have their false god "technology" to pray to which is going to fix all the problems, so this part is maybe a little different than it was in the past.  But once you get behind the curtain at Oz,* the oil crisis events of 1973, 1979, 2006/07, the vanishing American "lifestyle," the fact that hardly anyone except the super rich can get "ahead," the turmoil in the Middle East - - these events all make sense, because they are just early warnings of the big picture situation.  Interesting that some Swiss folks would put together this website.  Switzerland has some flaws (like ignoring international banking regulations and living off tourism - which are both major) but other than that, it's a tightly-run small country that has always been resource-challenged.  So maybe it makes sense to come out of there.  I'll be waiting for the version that the US Chamber of Commerce puts out.

 

Phosphorus.  Of course.  I didn't think of that.

Mid Term Elections 2014 Hangover

I think what one is left with from the past election is a deep, overwhelming sense of shame.  Shame for the behavior of Americans, both individually, and as a country.  This is no longer the America of WWII and the post-war period.  America then showed practicality, and was realistic, gracious, and generous.  Now it is an America that seems bent on destroying the planet, and all life on the planet, for the sake of rampant lust and greed.

 

I am stuck here, in this wretched, souless place.