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Archive for October, 2008

The Obama Landslide

In Uncategorized on October 28, 2008 at 4:52 am

While Barack Obama urges his supporters to be not complacent, but work and vote for his election to the November 4 end date, he is cautioning for a reason. The American people are rather undisciplined and they often look to others to function as the heavy lifters.  In other words, the voters (Republican, Democratic, Independent and otherwise) wish to be applauded for their civic responsibility, but they tend to shirk the actual deed. The greater majority lack civic knowledge to be informed about the vote the are being asked to cast. When they do act, they act emotionally–not on the basis of reason.

American voters, lest we forget, voted twice to endorse George W. Bush for the presidency. Evidence abounded before his election in 2000 and 2004 that he lacked the skill, knowledge, discipline and experience to function in the role of US president. Equal amounts of evidence demonstrated how Vice President Gore not only had the skill, knowledge and discipline, but had the experience and vision to be US president. Dispite the obvious and well established public information, the American voters rushed to defeat their own best interests and the interests of the country and gave their support to Bush. Now 7 in 10 American voters say the country is headed in the wrong direction.  The American voters are responsible for the wrong direction.  The American voters are responsible for the failures of the last 7 years.  Despite the obvious facts, the voters who committed the serious errors of the past now offer themselves as informed voters.

In fact, the level of knowledge held by the voters is as low now as it has been in years past.  Emotion guides the vote again and it will give Barack Obama the nod.  He will win by a landslide.

The voters are looking for yet another person on whom to place responsibility for their failures. Mr. Obama had better be prepared to make a series of successes in the first six months of his Administration or he will suffer the emotional outrage of the ill informed voters going to the polls next November 4.

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The Bigger they are, the Farther the Fall

In Economics on October 12, 2008 at 10:01 pm

In the 1970’s heads of trans-state corporations like Standard Oil, Nestles, and Monsanto concluded that the regulatory systems established by states’ governments were far too restrictive…preventing what these few CEOs from achieving the unlimited growth they believed business needs.  These titans of business attempted, but failed to establish an “extra territorial” financial system that couldn’t be regulated by governments.  Their efforts collapsed in failure.

When US President Ronald Reagan and UK prime minister Margaret Thatcher rose to power immediate steps to strip the powers of government regulating business–economic liberalization–came into vogue.  This governmental retreat opened the door for thirty years of laissez faire economics on a grand, global scale. The global “financial services” industry that actually served only the interests of corporations was born, but more importantly an industry unregulated and independent of local state economy constraints was established.

The World Trade Organization that eventually came into being in the 1990s became the corporate mechanism for restraining state’s governments. The reversal of roles became fully realized and corporations became free to creaate wealth from nothing except the mathmatical certainty of business administration graduates.

Biggness became celebrated above quality, creativity, and the ability of individuals and small enterprises to serve their customers.  Now we are told that businesses that have grown hugely from this process are “too big to fail.” States (citizens who have not benefited from corporate wealth creation) are now called upon to save the huge corporations that have produced virtually nothing for people, but vast wealth and power for a few corporates heads.

This view is not just some kind of populist commentary. No, I suggest that corporations that were originally licensed by “the people” through their governments have now transformed themselves into super states competing with the various states.  They have no territory. They have no citizens. They have no capacity to produce anything. They are simply an institution that has “gone viral.” Like irradiated bacteria or virus let out of the laboratory, corporations have grown into monstors that must be controlled to prevent them from creating havoc damaging to human beings and the environment.

Breaking up corporations is essential now. While banks, investment firms, communications companies, oil companies and auto companies argue that they must grow for ever to “compete” with their counterparts elsewhere in the world must be broken up.  In all countries, corporations must be put back in their cage under the control of the people’s governments. Failure to do so will allow corporations to reconstitute themselves only to grow even larger than they are now underminding human societies all over the world.

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