Thank you sir. May I have another. Just listened to Austan Goolsbee.

professorfate

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Friday December 10, 2010 · 4:33 PM PST

2010/12/10 · 16:33

The following are a few comments about Austan Goolsbee's interview with Rachel Maddow.

professorfate

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Thursday December 09, 2010 · 11:28 AM PST

2010/12/09 · 11:28

Reading time 15 minutes max.

Right before Obama and the Democrats caved-in (I expect "the revolt" to turn tepid then disappear.) to the Republicans - AGAIN - , I sent a message to the Democratic party. (I've added to it, but the basic points remain the same.) I've also listened to the President's excuse for jeopardizing the future growth of our economy and the recovery of the working class. He is, simply put, wrong.

professorfate

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Monday July 26, 2010 · 12:34 PM PDT

2010/07/26 · 12:34

It's time to grow up. It's time to become an adult. It's... It's time for a cliche. "It's class warfare." That's not news to me; however, neither Congress nor the President nor most of the American people want admit that it has already been thirty years of class warfare.

This deep recession is part of and a result of that class warfare. The cause is not an exacerbated economic downturn, or sudden rise in corruption (there have always been "vultures, vultures everywhere"), and the "prolonged" recession and its long term effects will not end until the working class, the commoners, win the war.

professorfate

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Saturday July 17, 2010 · 12:55 PM PDT

2010/07/17 · 12:55

The following line from Radioland Murders came to mind as I watched Countdown with Keith Olbermann, and he talked about Peter King and John Boehner's supposed idiocy.

"Penny, Let's go. Clearly this man is an idiot." The future murder victim then turns and walks in the wrong direction. (The idiot is not to Mr. Olbermann or Mr. Robinson who say that which I wish more people would hear.)

Here's the setup:

professorfate

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Monday July 12, 2010 · 7:33 PM PDT

2010/07/12 · 19:33

Thesis:
Wealth does not create more jobs; need does. In a healthy capitalistic system, one which creates a long term economic stability, satisfying the needs of the bottom 90% of workers provides the greatest stability. Wealth becomes a byproduct of employment. Guarantying high levels of wealth to the top 10%, and especially 1% creates an overall unstable economy for the vast majority of Americans, the bottom 90%. Plutonomics is a hindrance to stable high employment and sustained new job creation.

Econ 9-1-1: Part I: Wealth, huh, good God. What is it good for?
Econ 9-1-1: Part II: "Taxes? We don't want no taxes. We don't need no taxes! I don't have to show you any stinkin' taxes!"

Why doesn't our government do something about plutonomics?

professorfate

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Friday July 02, 2010 · 9:35 PM PDT

2010/07/02 · 21:35

Part II: "Taxes? We don't want no taxes. We don't need no taxes! I don't have to show you any stinkin' taxes!"

Definitions
Plutocracy: An elite or ruling class of people whose power derives from their wealth. Government controlled by the wealthy. (Basically, the richest 1% of U.S. Households)

Plutonomy: A term coined in 2005 by Citicorp's Ajay Kapur to describe the economy of the past three decades. Economy controlled by Plutocrats; Economic system run by and for the benefit of the Plutocracy.

professorfate

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Thursday July 01, 2010 · 7:14 PM PDT

2010/07/01 · 19:14

Economics 9-1-1: The Tower of Terror, Plutonomics

It's been a long time since I posted anything on D-KOS. I've been occupied waiting for agents' rejection notices for my first political suspense novel. Not to worry 10 people have found that self-published needle in a haystack on Amazon. Thank god for those few relatives who still read. Anyway, it was a sidebar, "Plutonomics," in the June The Hightower Lowdown that got caught sideways in that dark uncomfortable place. That then irritated me into writing what follows.

Due the length of this post, it has been broken up into 3 parts. I'm catering to our short attention span which is really a result of a world that is moving faster than the speed of thought.

Part II and III rest will be posted during the next few days.

Poll

36 votes Show Results

Which provides the highest, most stable long term employment?

36 votes Vote Now!

Which provides the highest, most stable long term employment?

The wealth of the top 1%

4 votes

The needs of the bottom 90%

28 votes

Both of the above

4 votes

Americans Should Enjoy Paying Taxes; I do. I'll gladly pay you Tuesday for a hamburger today.

professorfate

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Thursday January 29, 2009 · 11:43 AM PST

2009/01/29 · 11:43

Reading time when reading this diary aloud is 10 minutes.

For those in a hurry I've bolded the most critical comments.

Bitch, bitch, bitch. Whine, whine, whine. What a bunch of ingrates.

Wealthy Americans should enjoy paying taxes even more than I do. The drawback for me is that I'm not wealthy. Yet, I still enjoy paying taxes. No, I’m not off my medication. If I was, I would be writing this from institutional confinement. I'm not. At least I'm not aware of it. It is more likely my contrarian nature. When I hear large numbers of people spouting slogans, ideologies, or beliefs, I immediately get suspicious and suspicion leads to that dreaded human act - thinking. Therein lies the rub because I am immediately swimming upstream battling current thought. I have to face it; I’ve little self control. So, off I go thinking and/or researching to the degree that my capabilities allow.

Poll

56 votes Show Results

If you were, or are, earning more than $250,000 would you be willing to pay more taxes?

56 votes Vote Now!

If you were, or are, earning more than $250,000 would you be willing to pay more taxes?

Yes

47 votes

2 votes

Possibly

3 votes

Bite your tongue

0 votes

Get a job, Bozo.

0 votes

You need new medication

4 votes

My Daughter, College, Cutbacks, Insanity and Rescue

professorfate

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Sunday January 18, 2009 · 6:05 PM PST

2009/01/18 · 18:05

I had known for a long time that it was a possibility, but I also knew my daughter and knew that the information would only cause anxiety and change nothing.

And then a few days ago she came home distraught. Her complaint - her mother informed her that the University of California was cutting enrollment for freshman. I had asked her mother not to tell her because I knew what the results would be - stress, stress, stress and then anxiety, anxiety, anxiety and for a young woman who was born stressed (ADHD), it was not a good idea.

professorfate

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Saturday December 13, 2008 · 2:38 PM PST

2008/12/13 · 14:38

This diary is graphic and contains profanity and modified profanity and refers to testicles. If that bothers you, please do not read.

This diary was modified from a previous post.

Down in the bowels of Fox News lurks Ambush Central, the sacred room where the real decisions are made. Here the Fox News brain-trusts gather for their regular 5:30 am meeting. Seated at a large oval table are Steve Doocy, Gretchen Carlson, Brian Kilmeade, Fred Barnes, Brit Hume, Mort Kondracke, Mara Liasson, Bill O’Reilly, Alisyn Camerota, Sean Hannity, Alan Colmes, Juan Williams, James P. Pinkerton, Neil Cavuto, Liz Trotta. At the head of the table sits Roger Ailes. Floating above the group, unnoticed, is the Ghost of Christmas Past.

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Monday December 08, 2008 · 4:05 PM PST

2008/12/08 · 16:05

Sixty-six percent of people aged 19-29 supported Barack Obama. It surprised some of the pundits, but I was not surprised. I was acquainted with that age group. Like some college instructors, I taught high school first - for me it was nineteen years. After hearing about the age of the Obama supporters, I recalled a graduation speech I was honored, surprised but honored, to give. The 1993 graduating class asked me to be the special graduation speaker. What follows is that speech.

As far as I can remember, the statistical information was taken from The Politics of Rich and Poor: Wealth and the American Electorate in the Reagan Aftermath by Kevin Phillips.

Poll

33 votes Show Results

What chances would you give the United States of correcting its current problems within 10 years?

33 votes Vote Now!

What chances would you give the United States of correcting its current problems within 10 years?

6 votes

10%

6 votes

20%

2 votes

40%

9 votes

60%

3 votes

80%

4 votes

100%

3 votes

300 Spartans and the Warrior Nation

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Wednesday December 03, 2008 · 5:54 PM PST

2008/12/03 · 17:54

We are a Warrior Nation. Don’t smile. Don’t feel proud. Don’t start flexing your muscles. That’s not a compliment. America is not Sparta defending western civilization at the pass of Thermopylae. Recently, at best its been more like Chuckles the Clown oblivious to the crushing weight of the elephant that's inexorably descending.

Poll

58 votes Show Results

Is the United States a nation of peace or war?

58 votes Vote Now!

Is the United States a nation of peace or war?

Peace

1 vote

War

18 votes

Both but more peace than war

6 votes

Both but more war than peace

17 votes

It's hard to tell anymore

16 votes

Newer
Older

RSS

Thank you sir. May I have another. Just listened to Austan Goolsbee.

In the modified words of Eric Cartman, "Screw you guys, I'm going Independent."

Warfare in the Shark Tank

Olbermann and Robinson, clearly these Republicans are idiots - or maybe

Econ 9-1-1: Part III: Won't somebody please help that poor man?

Economics 9-1-1: The Tower of Terror, Plutonomics: Part II

Economics 9-1-1: The Tower of Terror, Plutonomics>

Americans Should Enjoy Paying Taxes; I do. I'll gladly pay you Tuesday for a hamburger today.

My Daughter, College, Cutbacks, Insanity and Rescue

Fox News Tribute to Alan Colmes From a Fly on the Wall

Triskaidekaphobia: Fear of the Number 13

300 Spartans and the Warrior Nation