Human societies exist on the basis of interdependence. When buying a loaf of bread, we must be able to trust that the producer of that bread used wholesome ingredients in an uncontaminated bakery. If we board a train or plane, we must be able to trust the competence of the driver and pilot. A breakdown in such trust and reliance, would quickly result in a failed economy for all. Societies are made of many groups, and such groups must cooperate and trust each other if that society is to reach its best potential.
Former U.S. House Majority Leader, Tom DeLay (R) of Texas, is scheduled to stand trial in Austin, Texas. The charge states he illegally sent $190,000 in corporate money through the RNC (Republican National Committee) to help elect GOP Texas legislative candidates in 2002.
Former Sen. Ted Stevens of Alaska died this morning in an airplane crash. He lived a full life, and many will say he did much to expand the economy of Alaska through the use of federal dollars. For many Alaskans, Ted Stevens was a heroic political figure. All this true and said, Ted Stevens' way of governing, seemingly appropriate for his time in the Senate, is now one of America's greatest liabilities and challenges to overcome. May Ted Stevens and his way of governing rest in peace. The time for fundamental change is well passed due.
Economics is not intuitively grasped. Paul Siegel at WatchBlog wrote an article that prompted my considered response here. Siegel was right in stating that under the right circumstances, specific and targeted spending can increase revenues, counterbalancing that spending, both in the the near and more distant future. This same kind of non-intuitive economics applies to lowering taxes and increasing revenues, under a very specific set of circumstances, and with specific limits.
In your reply to my petition regarding the Citizen's United case, you said:
"I agree with the Supreme Court's decision to strike down a law that violates the intent of the First Amendment, which reads: "Congress shall make no law...abridging the Freedom of Speech, or of the Press."
Put aside the finger pointing. Let's look to a permanent solution to British Petroleum's catastrophe and others which will surely follow if the status quo prevails. The heart of the problem is not difficult to grasp, and the solution rests with the voters.
GOPUSA has emailed a campaign advertisement letter from Carly Fiorina (R), running to unseat California's Senator Barbara Boxer (D). The ad is an insult to voter's intelligence, and Fiorina is doing the insulting, herself. Before analyzing this ad, let it be said now, that this type of insulting ad is typical of politician's ads from both the major and third parties. Fiorina however, should know better than to insult voter intelligence in a bid for their vote.
In today's business news, Ford sales rise 25% as auto manufacturers see growth in year over year sales. Manufacturing sees 9th straight month of growth. Consumer spending rises for 6th straight month.
The Disclose Act bill will require full disclosure by corporations and labor unions who exercise their new found right to control American elections by buying up the media channels and campaigning for, or against, individual candidates. This right was defined by our activist conservative Supreme Court in the case of "Citizens United v FEC" a few months ago. The Disclose Act does not go near far enough to prevent corporations and labor unions from owning election outcomes. It is however, an important first step in the right direction.
Put a John Wingnut in a room with 6 doors. Every door leads back into the same room, paired to another of the other 5 doors. As John Wingnut approaches door #5, it dawns on him that the remaining two doors may be no more liberating than the previous ones. His anger and frustration are now building to high levels, but, doors 5 and 6 are tried, nonetheless. Now, John Wingnut is going crazy and is racking his brain for any other option. He wants out. All doors lead back to the same room. John Wingnut now so hates this room, he will destroy it to get himself free of it.

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