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Why Stop The Recovery?

Why Stop The Recovery?

06/23/2011 Score Card Comments 0 Comment

Now why would a political party not help YOU out but will help large corporations and the rich?  Let us look at  who they represent because they might not be representing YOU.  But they are representing a constituency.  Who could that be?

First let us expose some financial terms.

HNWI stands for “High Net Worth Individual” and one must have 1 million in net worth to meet this requirement.

Ultra-HNMI are those individuals that have a net worth of 30 million or more.

HNWI stands for a small select group of people across the world and especially the United States that have collected wealth to an astonishing degree.

How much wealth is this in total?
(Following figures are world wide totals)
33.4 trillion in 2005
37.2 trillion in 2006
40.7 trillion in 2007
32.8 trillion in 2008
39 trillion in 2009

How many HNWI’s are there in the United States?
2.9 million.  This is equal to 53.5% of the all the HNWIs in the world.

Using the US Debt Clock.org, the US debt is around 14 trillion.  (This figure constantly changes.)

If we take 53.5% of the total world wealth which should equal the US ultra rich share, they poses 20 trillion or more than enough to totally pay off the whole national debt and have a pile of cash left over.

Why stop the recovery?  The rich typically have their wealth in the stock market while the middle class has their wealth in their homes.  The financial institutions got their recovery because of their institutional clout and incestuous relations with the federal government and the necessity to offer liquidity to the market place.   That action benefited the rich because the stock market recovered.  The federal actions thus serves the rich and powerful first.  The second installment never cleared the gate because YOUR power is diffuse and more importantly the rich and corporations do not want to fund YOUR recovery, thus adding to the deficit.  But, as you can see above, the rich can most easily pay for the deficit.  The Republican Party allegedly represents the rich and they do not want their rich constituents taxes raised.  The rich have allegedly taken control of the Republican Party and are using that party to game the system against YOU.


Opinion, Politics
Why stop U.S. Economic Recovery
The Rich Are Getting Richer

The Rich Are Getting Richer

06/23/2011 Score Card Comments 0 Comment

This is further proof that the rich are allegedly using the Republican Party to game the system.

ForeignAffairs.com: “Increasing inequality in the United States has long been attributed to unstoppable market forces. In fact, as Jacob Hacker and Paul Pierson show, it is the direct result of congressional policies that have consciously — and sometimes inadvertently — skewed the playing field toward the rich.”

“… the financial rewards are increasingly concentrated among a tiny elite and whose risks are borne by an increasingly exposed and unprotected middle class.”

“Since the late 1970s, a number of important policy changes have tilted the economic playing field toward the rich. Congress has cut tax rates on high incomes repeatedly and has relaxed the tax treatment of capital gains and other investment income, resulting in windfall profits for the wealthiest Americans.”

The Republican Party’s “… is a shrewd and sensible part of a larger strategy to enrich corporations while gutting long-standing protections for the middle class.”

The article goes on to be even more explicit.  “…business and the wealthy have all but vanquished the middle class and have thus been able to dominate policy making for the better part of 40 years with little opposition.”

The location for this article is here: http://www.foreignaffairs.com/articles/67046/robert-c-lieberman/why-the-rich-are-getting-richer


Opinion, Politics
The rich get richer
How the Rich Get Rich – Another Republican Lie

How the Rich Get Rich – Another Republican Lie

06/23/2011 Score Card Comments 0 Comment

The Republican Party would have you and me think that hard work and talent gains you wealth.  The party is against those who gain from social programs because they do not think we deserve those rewards.  But look at the partial list of success factors:

•    Access to first-rate education
•    Training opportunities
•    Personality type
•    Physical attractiveness
•    Height
•    Athletic ability
•    Inheritance
•    Nepotism
•    Prejudice (and not just against race or gender)
•    Social and business connections
•    Knowing someone who is successful
•    Lobbying Congress
•    Business cycle trends
•    Fads
•    Inventions
•    Discoveries
•    Wars
•    Speculation
•    Gambling
•    Miserliness
•    Insider trading
•    Unfair market practices
•    And, last but not least, dumb luck.

Above list came from:  http://www.huppi.com/kangaroo/L-richmerit.htm


Politics
How the rich get richer - another Republican lie
Our Recommended Live Music and Video Performances

Our Recommended Live Music and Video Performances

06/17/2011 Score Card Comments 0 Comment

The following list is in no particular order.  We just wish to share our list of the best live music performances that you can buy in the form of movie and/or CD.  Before buying, preview the music using iTunes to make sure your recommendations properly fit what you like.

Queen: Live At Wembley Stadium. This is both a movie and CD.  Released 1990.

Rolling Stones Bridges to Babylon is a movie.  We recommend ONLY the movie and NOT the CD.  The CD is a studio recording which does not meet our requirements.

Nena: Made In Germany CD and movie.  The movie version might be available but we can not find the USA compatible NTSC copy yet.  Caution: do not buy PAL or SECAM versions as they  probably will not play on devices sold in the USA.

Elton John Live In Australia

Eric Johnson Live From Austin TX ’84 (Audio Version)


Movie Reviews, Music
McLarenblog Recommended Live Music and Video Performances
President Obama vs Netanyahu The Fourth Week Of May 2011

President Obama vs Netanyahu The Fourth Week Of May 2011

05/24/2011 Score Card Comments 0 Comment

May 24th, I listen to NPR program, interview show, where political authorities commented on the wonderful performance of Prime Minister of Israel’s very good address to Congress and then comparing this performance to President Obama’s speech a few days earlier.  Almost all the authorities seem to credit Netanyahu and detract Obama’s efforts.  Congress seemed to faun over Netanyahu.  My opinion was that Obama seemed to be talking to the audience of the world and not too convenient constituents.  He seemed to make proposals that would further the political process while the Netanyahu and the US Congress seemed to pander to conservative ideals which, if we look at history, cement rather than lubricate progress.

I for one, applaud President Obama for pressing for change, seeing the broader picture and working toward a better world outcome.  I fault Netanyahu for being old in his viewpoints and intransigent toward any political movement.  I fault the US Congress for being lap dogs to a man and country that wields so much power in this country.


Politics
President Obama vs Netanyahu The Fourth Week Of May 2011
Poposal For A Palestinian And Israel Solution

Poposal For A Palestinian And Israel Solution

05/24/2011 Score Card Comments 0 Comment

Israel will not allow Palestine to achieve sovereign power status – ever.  The reason is that an independent Palestine country would then be “allowed’ to wage unfettered war with Israel.  Both sides are intransigent in their view of the situation, their religious beliefs and their political approach are wedges and these wedges are cementing the stances of both parties.  Currently, and one can easily reason for the foreseeable future, this situation will not improve.  For the rest of the world, and even for Palestine and Israel, we all need a viable solution.  We need to examine more options.  We need to move forward toward a workable solution, if there is one.  Unless there is a drastic new initiative, one that is so radical, that it will be laughed out of existence or momentary contemplated we will be treading this political water for our life times.  We really need at this point in time some modicum of hope.  We need to think of all possible solutions, especially new ones. Even a momentary contemplated solution that is way off base might throw some water on the burning fires raging between these two nations.

Any solution that will work needs to rely on the fact that both countries reside side by side.  Political and social solutions need to work out some form of mutual conflict resolution.   Way in the future, one would hope, the two states  would modify their behavior toward one another and just get along as good neighbors.  We will not see this happen in our life time.  Why not try something radical to propel history forward?  Why not jump ahead sooner so we are not forced to view the inevitable change from heaven or hell?

Here is a truly radical solution and I mean way out there.

Here is the radical idea: Create one nation with Israel and Palestine as one combined nation!  Get both countries to form a single sovereign power, single state department, single military, single social support network, single banking system?  Why not form a unified government with two near independent sub states but with an over riding unified government body?  Each sub state would be run by governors and smaller sub state governments empowered by an agreed upon overall constitution.

This would NEVER happen because these two houses really do not like one another and more importantly do not trust one another.  On the other hand, this idea does have some real opportunities.  The negatives are so obvious that I will not list those.  But, let me list some positives.

Positive points:

  • The Israel settlements would no longer be such an important issue because the settlements would be within the same sovereign nation.
  • Ports and borders would be completely open to full unfettered commerce.
  • Economic development would be shared.
  • Political problems would no longer be international but internally resolved.
  • Religious shrines would also be shared.
  • The social impact of bringing these two divergent nations together should, one would hope over time, mollify religious hatred.
  • Other Arab states, run by dictatorial powers, would no longer be able to use the Israel and Palestine conflict to deflect their crimes toward their people.
  • Option:  If this “marriage” turns out to become a divorce, the process might still form some bridges for more sincere working solutions, mutual respect possibly, between the two states.

I am not being blind to the huge undertaking of resolving the really huge and broad issues to get this into some form of political, social and economic order.  The differing personalities on both sides, alone, surely will render this idea into the crazy and laughable category of ideas. The odds are way against this proposal.  But, if nothing else, is it not a remarkable, mildly crazy and a vicarious dream of hope to think about?


Politics
Poposal For A Palestinian And Israel Solution

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