African Desert Rift Confirmed As New Ocean In The Making
A stupendous development! New ocean, those two words would typically be a paradox in my mind.
Well done Simon Johnson!
This article articulates clearly the very short-sighted and dangerous strategy beautifully orchestrated by the Bush administration and it’s accomplice oligarchy. Increased homeownership and consumer debt yields a captive American mainstream subject to unrestrained fees, penalties, advertising and predatory products.
What is completely amazing to me, is that the same people crushed by mortgage debt and finding themselves without work are against “health care reform”. Health care reform is a much needed attempt at wealth-movement against the stream that has been so carefully constructed in the last 15 years.
Like the businesses they run, the corporate oligarchy will continue to exploit the resources of this country until they are depleted and have the potential to become unprofitable. Then they will shift business to more profitable environments. It’s terrifying.
Very nice work 83-member Congressional Progressive Caucus! Bravo!
America’s (Very Small) Small-Business Sector - Economix Blog - NYTimes.com
This is exactly the reason why our country is in trouble. Self-employed people generate the highest proportion of new ideas (patents), and yet this country is designed for it’s citizens to be corporate or government employees. Naturally, innovation stalls and keeps the jobless rate high. Health care and the tax code need to be fixed IMMEDIATELY to correct this problem.
Healthcare is an inherently different industry than providing air transportation, ground transportation or telephone products. Inherently different in that people choose — and market forces define — the choices when flying, purchasing a car or using the telephone. People do not make a choice to participate in healthcare service, therefore market forces cannot define the choice, since “choice in healthcare” is simply a paradox.
In my view, some industries should find the free-market principle applied fully, and others should not. The application of the free-market should be predicated on whether a citizen has a choice to participate in that industry or not. For example, the need to protect our country(military) and the need to be healed(healthcare) when we are sick are not choices. Using an Iphone on the AT&T network are choices. America should have a single-payer military, and a single-payer healthcare system, but not a single telecommunications provider.
Our application of a singular, “free-market” philosophy propped up by exclusions, rationalizations, inequitable provision of government aid has resulted in a failed healthcare industry, a failed automobile industry, a largely failed airline industry, and an arguably failed telecommunications industry. Currently, the US government is providing government support for limited industry participants in banking, insurance and automobiles. This inequitable support creates a false, free-market in which businesses gain an unfair competitive advantage through access to the government. Businesses that should fail because there is not market interest in the products offered, or because they have been inefficiently managed, do not. In this case, the benefits of competition are negated and the “free-market” is simply not free.
America needs to move past it’s singularism in regards to the marketplace, and embrace a pluralist approach which applies true free-market principles to businesses in which citizens choose to participate, and government support for services in which participation is not optional. We need to create competition AND quality of life.
The real-world result of singularism is a limited American job landscape. This landscape is a direct result of anemic innovation, invention, and emerging business. In the simplest terms, it is healthcare that makes hiring an American prohibitively expensive in today’s marketplace. Combine that hiring disincentive with a workforce stuck wherever they happen to be by spiralling healthcare costs, and what you have is a deeply troubled America.
“My children and grandchildren are going to have to pay for these cars and we’re helping auto dealers while there are thousands of other small businesses that aren’t getting the help,” said Sen. Jim DeMint (R-S.C.)
How is that that I suddenly agree with Mcain and Jim DeMint? This program is an outrageous application of government money to an industry that has no other significant problem other than that it’s products do not match demand.
The solution to the car industry is to begin prioritizing a culture of “Design” over a culture of focus groups.
C’mon Obama, I really, really, really want to like what you’re doing.
Please. Those of you in the way of American progress, get out of the way and let Christine Varney reign in the corporate oligarchy so that innovation can once again thrive in the US. Thank you.
