Reparations.  Universal Basic Income (UBI).  Oh, And Happy May Day And World Press Freedom Day! (April 29, 2019)

Posted in Affirmative Action, Civil War, Class, Race, Reparations, Supreme Court, Universal Basic Income (UBI) on April 29, 2019 by e-commentary.org

. . .

K          “In the land of the red, white and blue that purports to cherish ‘life’, ‘liberty’ and ‘property’, the White man arrived and confiscated the property of the Red man and often took his life and curtailed his liberty and transported the Black man to work the purloined property and violated his life and his liberty and his property interests.  And hers.”

J          “And then doubled down and did the same thing to the Brown man and the Yellow man.  And woman.”

. . .

J          “Let’s borrow from the Great Declaration and include ‘the pursuit of happiness’ and from the French and admix ‘liberté’ and ‘égalité’ and ‘fraternité’ into the formula.”

. . .

J          “No one doubts that the promise of ‘forty acres and a mule’ descended and degenerated into the ‘Great Hundred Year War of Terror in America’ directed and orchestrated by almost every public and private institution in both the South and the North against anyone Black from 1865 to 1965.  Even today there is only an unstable modus vivendi regularly under attack.”

. . .

K          “The fundamental problem is that the victims are not alive and the oppressors are not alive.  Society is not well served by anointing someone who is not an individual victim with official individual victimhood status and accusing someone who is not an individual oppressor with official individual oppressorhood status.  The wrong solution to a very real and very deep and very sustained problem is not the right solution.”

. . .

K          “No public commentator to date has fleshed out the process and mechanics of establishing and implementing the Great Divide/Schism in America.  Would the government establish a cabinet-level Department of Reparations?  Would there be one unit of reparations paid to someone who proves that he or she is Black or Brown or Red on both sides of the family?  Would the amount be reduced if the individual’s family came to America after 1907 or 1865 or 1932 or some other randomly selected date?”

J          “And what about Barack O’Bama?  There you have the intersection of race and class and income.”

K          “Right.  Would he only get a half unit?  Would Barack O’Bama’s half unit be reduced because his father came to America after 1907 or 1865 or 1932?  Or his mother’s family?  Would the reparations payments be taxed or tax free?  Would the reparations payments be paid out of the general fund or by a separate reparations tax on Whites?  Would Whites be exempt from the reparations tax if they could prove that their family came to America after 1907 or 1865 or 1932?  Would Barack O’Bama remit a half unit of reparations tax to the reparations fund because he is half White and receive a half unit of reparations payments because he is half Black?” 

J          “The tax and the payment could be offsetting.”

K          “Would there be ‘means testing’ so that a successful half Black neurosurgeon does not receive any reparations payment.  Because of her income, would she pay taxes to the reparations fund?  It goes on and on and on.  Each one of these divisions creates another divide.” 

J          “O’Bama should get another half unit because the other half of his family is Irish.  The Irish were oppressed and ostracized upon arrival.  But they were White and thus much, much more readily accepted by and assimilated into White society.”

K          “Much, much, much more readily.  The ‘Plessy Ferguson Reparations Bill’ is not the way to challenge and address what is going on in Plano and Ferguson.  There is no single piece of legislation that could further divide this country in twain than a piece of legislation that further divides this country into two groups that are expressly separate and unequal.”

. . .

K          “The prejudice is on a group level and must be challenged on a group level.  Start by releasing every other Black and Brown and Red and Yellow prisoner from the American Prison Gulag who is likely in prison simply for being Black or Brown or Red or Yellow.  Extend the statute of limitations on affirmative action another fifty years or pick a specific ending date such as 2065.”

J          “If the ‘Great Hundred Year War of Terror in America’ is said to have reached a de jure end with the passage of the Voting Rights Act in 1965, something is going to have to be done to furlough the five lobbyists on the Supreme Court who have unilaterally abrogated the modus vivendi.  In the end, if you want a good and great society, place a few coins in every pocket and a few ideas in every head.”

. . .

J          “Go big.  My thought is to institute a Universal Basic Income (UBI).  Far too many people in America of all shades are suffering the effects of systematic and institutional economic terrorism.  The country is pursuing a War on Terror.  The War on Terror should be refocused and redirected at the many millions of Americans who suffer the terror of not knowing whether they will have a meal in their belly or a roof over their head.  The cost is insignificant and inconsequential because there is no cost too great to fight and win the War of Terror.”

K          “I still have a fundamental problem giving folks money simply for existing.”

. . .

[See the e-commentary at “The Great National Dissolution:  Resolving The Great Civil War (April 18, 2011)”, “Watertown?  Ferguson?  Your Town?  Your Son?  Will They Allow It In Laramie? (August 11, 2014)”, “The Conservative Solution To Affirmative Action (October 15, 2012)”, “Race and Class And Crime: Jail White People.  Oh, And Happy Martin Luther King Day! (January 15, 2018)” and “Columbus And The Redskins (October 14, 2013)” and a dozen other e-commentaries.]

Bumper stickers of the week:

Think big, think long

May 3 – World Press Freedom Day

The Release Of The Redacted Robert Rorschach Report (April 22, 2019)

Posted in Courage, Journalism, Newspapers, Press/Media, Pulitzer on April 22, 2019 by e-commentary.org

. . .    

J          “Not as carefully yet.”

K          “But that does not seem to be an impediment for most people.”

. . .

J          “Others claim to have mined the Report for nuggets.  What is in the Report and whether it is incriminating or exonerating turns on who one turns to for direction and indoctrination.” 

K          “The Report could be one thousand empty white pages allowing one thousand empty-headed babblers of all political planks to fill in the blanks.”

J          “Or one thousand redacted black pages that could be divined by one thousand self-appointed secular priests and priestesses.”

. . .

K          “I never shared your faith in Mueller.  Anyone concerned about Truth cannot not be disappointed by the longevity of the investigation and the superficiality of the Report that is available for review to date.”

J          “Further proof that America does not produce individuals who can serve competently as lawyers or judges or special counsel.”

K          “But it has produced a generation of journalists who cannot even ask insightful questions.”

J          “They parry and riposte, but do not read Parry or reason.”

. . .

K          “Reminds me of the tony cocktail party at Tony’s a half dozen years ago when Assange’s picture exploded on a television monitor/mirror parked haphazardly off in a corner.  Everyone ceased barking mid-sentence and simultaneously branded him either a ‘Traitor’ or a ‘Hero’ before inhaling another suspire and exhaling further unsolicited opinions.”

J          “The more things change.”

. . .

K          “With all the hired help doing all that investigating all that time, they should have been able to confirm the findings of William Binney and the ‘Veteran Intelligence Professionals for Sanity (VIPS)’ that the documents were downloaded not hacked which further supports those who contend that he is a hero.”

J          “Assange or Binney?  . . .  Or Assange and Binney?  I now understand that my man Mueller never even consulted with either of them.  That is another major failing.”

. . .

K          “Assange should receive a pardon and a Pulitzer.”

J          “Pardons are given to those in the Club, but not to great and courageous citizens.  Pulitzers are given to those in the Club, but not to great and courageous journalists.”

. . .

K          “So the Russian involvement in the election was incidental and insignificant particularly in comparison to the Dark Money and other nation-state actors such as Israel that played major roles with no public scrutiny or even mention.”

J          “Agree.”

K          “Trumpi may have had some limited communication but no active and on-going collusion which is not surprising because Trumpi just does not play well with others.”

J          “Agree.”

K          “Trumpi is engaged in on-going racketeering, money laundering, tax evasion, obstruction of justice and jay walking.”

J          “Agree.  However, I still don’t trust the Russians.  They are up to no good.  And I never trusted Trumpi.  He is down to much bad.”

. . .

[See the article titled “VIPS Fault Mueller Probe, Criticize Refusal to Interview Assange” in “Consortium News” crafted by the “Steering Group of the Veteran Intelligence Professionals for Sanity (VIPS)” dated April 16, 2019 and the article titled “ROBERT PARRY:  All Investigative Journalists Do What Julian Assange Did” in “Consortium News” by Robert Parry first published on December 16, 2010.]   

[See the e-commentary at “Hero or Traitor? (June 10, 2013)”, “Russian Interference; Russian Collusion.  Epilogue (March 25, 2019)” and “Russian Interference; Russian Collusion (February 26, 2018)” for the earlier conversation.]

Bumper stickers of the week:

The Robert Rorschach Report

Most investigative journalists today are neither investigators nor journalists

Happy Earth Day!

Fourth Annual Pushitzer Prize In Commentary For 2019 (April 15, 2019)

Posted in Journalism, Newspapers, Press/Media, Pushitzer on April 15, 2019 by e-commentary.org

. . .

          “The envelope please.  . . .  This year’s Pushitzer Prize in Commentary is awarded to . . . Caitlin Johnstone for stirring the pot, asking hard questions, demanding answers, rejecting lies, spotlighting uncomfortable truths, comforting the afflicted and afflicting the comfortable.  And being a journalist and a patriot for the Planet.”

. . .

[See the e-commentary at “Third Annual Pushitzer Prize In Commentary For 2018 (April 16, 2018)”, “Second Annual Pushitzer Prize In Commentary For 2017 (April 10, 2017)”, “First Annual Pushitzer Prize In Commentary For 2016 (April 18, 2016)” and “Pulitzers Are Pro-War?  Pressing The Pushitzers (April 22, 2013)”.]

[Please send nominations for the Pushitzer Prize in Commentary for 2020 and a supporting letter by January 24, 2020 to e-ssay@gci.net and send the entry fee to your favorite charity.]

. . .    

Bumper stickers of the week:

For good and honest stuff

Dissent is patriotic

“The purpose of arresting #JulianAssange is to send a message to the people, especially journalists, to be quiet and don’t get out of line.  If we, the people, allow the government to control us through fear, we are no longer free, we are no longer America.”  Tulsi Gabbard

Fourth Annual “Cameo In Courage” Award For 2019 (April 8, 2019)

Posted in Awards / Incentives, Cameo In Courage Award, Courage, On [Traits/Characteristics], Trump, Truth on April 8, 2019 by e-commentary.org

. . .

K          “The envelope please.  . . .  This year, the ‘Cameo In Courage’ Award is awarded to . . . Chelsea Elizabeth Manning and Julian Paul Assange.  Again.  Since the award last year, both of them have continued to display courage in the face of cowardice and criminality from those in power in the United States who are threatened by the Truth and who threaten the courageous with confinement in the American Prison Gulag.”

. . .

And a tip of the hat to the great nation and good people of Ecuador that have provided a home and a haven for Mr. Assange so far.  Rumblings abound that the United States is pressuring the government of Ecuador to release Assange to the wolves.  His country and his countrymen should demand his freedom and his return to Australia.  Trumpi should and could redeem himself in part by pardoning both of them.

[Please send nominations for the “Cameo In Courage” Award for 2020 and a supporting letter by January 24, 2020 to e-ssay@gci.net and send the entry fee to your favorite charity.]

[See the article titled “Chelsea Manning’s ‘Don’t Tread on Me’ Moment” in “The American Conservative” by John Kiriakou dated April 8, 2019 and the presentation titled “Whistle-blowing, Wikileaks & The Future of Democracy” available at “caitlinjohnstone.com” presented by Caitlin Johnstone on February 18, 2019.]   

[See the e-commentary at “Alex J. / J. Assange And The First Amendment (August 13, 2018)”, “Hero or Traitor? (June 10, 2013)”, “Third Annual ‘Cameo In Courage’ Award For 2018 (April 9, 2018)”, “Second Annual ‘Cameo In Courage’ Award For 2017 (March 6, 2017)”, “First Annual ‘Cameo In Courage’ Award For 2016 (May 9, 2016)”, “Award Deadlines (Livelines?) (July 25, 2016)”, “Profile In Cowardice Award (May 12, 2014)”, “Profile In Courage Award, 2015 (May 11, 2015)”, “Chelsea And Ed:  Time For ‘Con’ ‘dign’ Treatment (November 30, 2015)” and “On Courage and Truth (March 17, 2008)”.]

Bumper sticker of the week:

Dissent remains patriotic

“Just visiting, thank you.” (April 1, 2019)

Posted in Uncategorized on April 1, 2019 by e-commentary.org

. . .

K          “Okay, I’ll try it again.  It’s a lot to process.  My lawyer said that I was innocent.  I didn’t do it, I wasn’t there, and both of them had it coming to them because they were more than just harassing her and refused to shuffle on after polite notice.  My people drafted and crafted condign punishment for our people.  We are way ahead of you people.  I was offered a plea deal banishing me from the community for fifty years.  ‘To Earth!’, they decreed.  ‘To Earth?’, I demurred.  I tell you, everyone knows that the stunning and beautiful blue marble is one of the arm pits of the Universe.  A Superfund Site with shopping malls.  The Purgatory for one of your religious cults, you know.  You Earth things banish someone to Coventry, I was the test case to send someone to explore Earth first-hand.  Talk about unfair and unsporting and uncivilized.  They gave me a new identity and placed me with a loving and understanding Earth family that provided cover.  . . .  If you are not prepared to believe it, then you are not prepared to believe it.”

. . .

K          “You think you are surprised.  Try to explain this circumstance to my Earth family.  That was a trip after a very long trip.  They had to be quiet and play along for years.  When I grew up or at least got older and left the foster halfway home, I was assigned to do my time in a lower profile locale.”

. . .

K          “Talk about an undocumented alien.  If I get pulled over, dispatch will probably have me dispatched.  And not sent back, if you know what I mean.  If an American judge hears my story, your judge will bless the execution and punish anyone who challenges the procedure.  You people are curious.  And vexing.  And disturbing.”  

. . .

K          “I only need to machine one more spare part to get it going and get back home.  I know that your authorities know that I am working on it in my red shed.  I found your camera system which, by the way, is rather primitive, but you may know that.”

. . .

K          “I’m the only one here that I know of.  They want me to study you people and send dispatches on your law, politics, economics, philosophy, sports, society and manners, if any.  Sort of Alexis de Tocqueville and Michael Mead in a space suit.  I am free to drink your mead and break bread with you people as part of my research as long as I don’t get close enough to expose my plight before I take flight.”      

. . .

K          “In one dispatch to my handlers, I threatened to marry one of your Earth beings and bring her back at the end of my sentence.  And possibly breed.  My people are serene and sublime Buddhists, however, they were appalled and disgusted at the prospect and nixed the proposal.  One of them even threatened to revoke my return visa.  That was the wrong gambit on my part.  And you can just imagine her reaction and her girlfriends’ reactions when I slowly unfurled the saga.”

. . .

K          “Mortality stinks; Immortality stinks.  They say that the rich on your planet live better lives and live longer lives.  All of us live better lives and live about 200 years.”

. . .

K          “See, there are many carbon-based life forms in the Universe, but we don’t pump our mess kit full of the stuff.”        

. . . 

K          “Not to be judgmental or critical, but* you people are crazy.  I gotta get out of this place.”

. . .

*“but”:  an acronym of behold the utter truth; statements before the conjunction are polite but untrue

Bumper stickers of the week:

“We do not have to visit a madhouse to find disordered minds; our planet is the mental institution of the universe.”  Johann Wolfgang von Goethe

“You’re on earth.  There’s no cure for that.”  Samuel Beckett

Just visiting, thank you.

Growing old is mandatory, growing up is optional.  Don’t exercise the option.

April – National Poetry Month

The following half dozen six-word memoirs in an “e-poem” titled “Take only pictures; Leave only footprints” was presented a few years ago:

Many live humans; Few dead dinosaurs.

Disregard the e-con-omists; Regard the physicists.

Change your attitude; Range the latitudes.

Pay old bills; Develop new skills.

Consume less junk; Savor more beauty.

So many challenges; So little time.

https://www.theautomaticearth.com/wp-content/uploads/2019/05/CalvinIntelligentLife.jpg

Russian Interference; Russian Collusion.   Epilogue (March 25, 2019)

Posted in Democrats, Journalism, Newspapers, Press/Media, Trump, War and Wall Street Party on March 25, 2019 by e-commentary.org

. . .

K          “I never doubted that the Russians were involved incidentally in the election, but they did not necessarily collude with Donaldo Trumpi or his ilk and did not significantly impact the outcome.  Seriously investigating and prosecuting Trumpi’s money laundering and racketeering shenanigans over the decades has now been sidelined for at least two more years.  His tax evasions, perjurious statements, obstructions of justice and dubious business dealings with the Russians and others could put him away in less luxurious government housing for hundreds of years, if we lived in a country with the rule of law.”

J          “That is always the catch.  He needs to be residing at public expense in the graybar hotel not in the White House.”

. . .

K          “You could not miss that not much was really going on because not much was really going on.  A few small time punks and grifters were charged, but a serious investigation and prosecution would have involved regular public indictments and purposeful movement up the food chain.  The outcome was signaled and unfolded every month.”

J          “A thousand Manaforts are lurking in public view just between McLean and Bethesda-Chevy Chase.”    

. . .

K          “The profitable newspapers and the Faux (Fox), MSNBC and CNN gab/gossip shows made a small fortune on the side show dubbed Russiagate.”

J          “I find myself dismissing and disregarding the ‘Main Stream Media’ along with others across the political spectrum.  The political and social and economic opportunity costs of the side show are staggering.  Too much day light has been burned to date.”

. . .

K          “So few are willing or able to admit that the ‘D’ division of the ‘War and Wall Street Party’ through its deplorable cabal at the DNC nominated a deplorable candidate in a rigged primary election and then ran a deplorable campaign in the secondary election.  All she had to do was eschew the word ‘deplorable’, modify the sloppy solipsistic slogan from ‘I’m with her’ to ‘She’s with me’, and make a campaign stop or two in Sheboygan and Saginaw and Sandusky and pretend to be concerned about the legitimate grievances of the little folks.  There was no possible way to lose the election.”

J          “If the suppressed vote had been counted, she would have won.  If the populace had been prudent enough to revoke the accreditation of the Electoral College before the election, she would have won in a landslide.”

K          “Russiagate is a collective attempt at therapy by individuals who do not get it and are incapable of getting it and are unwilling to get it.  Losers sometime lose because they are losers and they deserve to lose.”

. . .

J          “I still don’t trust the Russians.  They are up to no good.  I never trusted Trumpi.  He is down to much bad.”

. . .

[See the e-commentary at “Russian Interference; Russian Collusion (February 26, 2018)” for the earlier conversation.]

Bumper stickers of the week:

If you don’t get it, you don’t get it.

Release the Report

The Staggering Cost Of Schooling And Then The Staggering Cost Of A Real Education (March 18, 2019)

Posted in Education, MICAC, Schooling, Schooling Industrial Complex on March 18, 2019 by e-commentary.org

. . .

K          “First there is the tremendous cost to endure and ingest the myths and the memes, the false hoods and the fabrications, and the illusions and the delusions perpetrated by the SIC to advance the interests of the MICAC.  Then, if possible, the rare conscientious individual must undertake the lifetime pursuit of the Truth, on one’s own spare precious time and at one’s own expense, that is the real cost and the real challenge.”

J          “Kids today are enslaved by the obscenely and unnecessarily inflated costs of the SIC and are too burdened with debt ever to find the time or the money to move from the stage of enslavement to the start of enlightenment.”

. . .

J          “In the next few weeks the kids will be blissfully signing their contracts of indentured servitude and then report for induction this Fall.”

K          “The rich kids and kids of the ‘lums are still a school within a school, a universe within a universe.  Harvard and Yale are always for sale.  Spoiled parents fund the University of Spoiled Children.  Georgetown, Duke and so many profitable colleges are profitable because they are profit-maximizing.”

J          “If the kids dutifully obey, they are on their way.”

. . .

[See the e-commentary at “The ‘Intellectual Infrastructure Investment Act’ (‘III’)  Oh, And Happy Valentine’s Day! (February 11, 2019)” and other e-commentary on “Schooling” and “Education”.]

Bumper stickers of the week:

I have never let my schooling interfere with my education.

I have let my schooling interfere with my education.

Venderse

“Health” “Care” In A Nut Shell: “Single Non-Payer” versus “Single Payer” (March 11, 2019)

Posted in Health Care on March 11, 2019 by e-commentary.org

. . .    

J          “What we have now in most every state in the nation is a ‘single non-payer’ system.  With a few exceptions, one insurance company is provided a monopoly and purports to provide coverage in each state.”

K          “The economic dilemma is simple and obvious.  We as a country cannot afford a ‘single payer’ system, but we as a people cannot afford a ‘single non-payer’ system.  The health care conundrum.”

J          “If you care about the health of the nation, implement a ‘single payer’ system.  It is simple and obvious.  And the only thing we can afford.”

. . .

[See the e-commentary under the Category “Health Care”.]

Bumper sticker of the week:

Celebrate National Sunshine Week – March 10 – 16

Forfeiting Forfeiture (March 4, 2019)

Posted in Constitution, Drugs, Eighth Amendment, Forfeiture, Fourteenth Amendment, Kleptocracy, Supreme Court on March 4, 2019 by e-commentary.org

. . .

K          “In one case, the police had absolutely no interest in arresting the criminal activity and instead focused all their efforts on stealing an apartment building from a widow on the grounds that she should have known that there was drug activity in an apartment.  The widow alerted the police because of concerns that there appeared to be drug activity in some apartment.  The police alleged that privacy concerns purportedly prevented them from sharing any information that would have allowed her to identify and evict the allegedly offending tenant.  The police pulled off the scam and used the forfeiture laws to steal and sell the apartment building for their own profit.  Unreal.”

J          “How about a memorandum of understanding among multiple police agencies providing that the first member of a department to touch the airplane carrying the drugs would get the airplane in the forfeiture action.  When the word went out over the radio to make the bust, each department dispatched its fastest sprinter to fly across the tarmac to make first contact with the aircraft.  Surreal.”

K          “When you dwell in a Kleptocracy, you should expect kleptocratic behavior at every level.  Real.”

. . .  

K          “The people really did win.”

J          “The government really did not lose.”

K          “The Constitution really did win.”

. . .

[See “Supreme Court Limits Police Power to Seize Private Property” in “The New York Times” by Adam Liptak and Shaila Dewan dated February 20, 2019.]   

[See the e-commentary at “Police Police (November 24, 2014)”.]

Bumper stickers of the week:

Police Police  [But do not stick on your bumper!]        

Support your local police  [Aspirational!]

Happy International Women’s Day

Debt Insouciance.  Does Debt Really Matter In The “Debt Age”? (February 25, 2019)

Posted in Debt/Deficits, National Security, Noble Prize in Eco-nomics, Petrodollar, Population, Supernova Dollar on February 25, 2019 by e-commentary.org

. . .

K          “A billion a day, they say, in interest alone.”

J          “Folks should show more interest in this development, I’m just saying.”

. . .

J          “The National Debt is now officially over twenty two Trillion dollars ($22,000,000,000,000.00).  And we spent the electrons producing plastic and plundering the Planet.”

K          “Most of it was spent bombing countries and killing people.  I suspect that if we could sub poena God to testify and muse on the situation, we would discover that the real National Debt accurately calculated is over sixty six Trillion dollars ($66,000,000,000,000.00).”

. . .

K          “Twenty two Trillion dollars ($22,000,000,000,000.00) in Debt are on the books and an additional twenty two Trillion dollars ($22,000,000,000,000.00) are not on the books but were devoured by just two Departments (DoD and HUD).  I suspect there are probably another twenty two Trillion dollars ($22,000,000,000,000.00) off the books at other Departments.”

J          “So what do we make of the economic theories that correlate debt and domestic product if the real Debt-to-GDP ratio is not hovering at 100+% but really exceeds 300+%?”

K          “Or way above 400+%, if there is another twenty two Trillion dollars ($22,000,000,000,000.00) in ‘dark money’ that is additionally off the books.”

. . .

K          “There are at least a dozen ‘ten’ets that provide the only perspective on debt, public and private, and should be memorized by heart:

1. Debt matters.

2. Debt matters.

3. Debt matters.

4. Debt matters.

5. Debt matters.

6. Debt matters.

7. Debt matters.

8. Debt matters.

9. Debt matters.

10. Debt matters.

11. Debt matters.

Reagan was wrong.  Cheney was wrong.  Most babblers are wrong.  In the private and public sectors alike, Deficit – the rate – and Debt – the total – spending serve to accelerate, yank and suck ‘consumption’ from the future into the present.  No one polls those whose future consumption is being stolen.  However, the unborn are saddled with the debt.  This amounts to the greatest inter-generational crime in history.”

J          “That may be the only acceptable tattoo.  ‘Debt matters.’  Those who opine on the greatest threat to our national security do not understand the greatest threat to our national security but are nonetheless allowed to opine on the greatest threat to our national security.  Despite almost complete silence by those who are allowed to make public noise, the greatest threat to our national security is . . . the unsustainable national Deficit and Debt.”

K          “Unless the Federal Reserve keeps interest rates near zero, the Debt will not even be paid in part.  Low interest rates devastate the lives of millions of those at the other end of the life cycle who have been born for a long time – retirees – who reasonably anticipated a rate of return of 6 to 8 percent on their money in their final years.” 

J          “The unborn and long born are the targets and the victims in America today.”

. . .

J          “To explain the growing cacophony of Debt insouciance, explore the sub-sub-conscious.  Most comment makers across the political and economic spectrum are unable to admit that the Debt will never be repaid, so they contend instead that the Debt does not really matter.”

. . .

[On page 136 of Andrew McCabe’s book, recounting a 2017 Oval Office meeting, he observes:  “Then the president talked about Venezuela.  That’s the country we should be going to war with, he said.  They have all that oil and they’re right on our back door.”]

[See the e-commentary at “Over Over-Population:  10 Billion Little Miracles (And Counting) (And Costing) (January 26, 2015)” observing that accelerating consumption from the future to the present results in a much greater “effective world population” today that is closer to 10 billion miracles effectively punishing and pummeling the Planet even more ruthlessly than the 8 billion miracles of record.  “Deficits Do Matter (January 7, 2008)” discusses the concern with Debt and Deficits in more clinical detail.  “Forgiving American Debt? (March 3, 2008)” eleven years ago notes that the United States will never pay off the national Debt and yet all economic models and forecasts assume that the national Debt will be paid off.  “America The Bankrupt:  Economics 210 in the Land of the Freeway and the Home of the Wave (January 17, 2005)” more than fourteen years ago addresses the impending bankruptcy of the United States.  “National Financial Literacy Month: Teaching Financial Literacy In The ‘Debt Age’ (April 25, 2016)” asks whether there is any serious interest in teaching financial literacy in the “Debt Age”.  “Venturing A Few Unfounded And Unwarranted Predictions (July 13, 2015)” provides some further analysis and discussion of the ”Supernova Dollar” and other concerns.  “Third Annual Noble Prize In Eco-nomics (October 8, 2019)” discusses the missing money in the federal budget, among other concerns.]

Bumper stickers of the week:

Past, present and future walk into a bar.  It was tense.

Debt matters.

Not all debt is repaid, but all debt is paid.