Jeremy Rifkin interviewed by Diane Rehm. A remarkable - and remarkably upbeat - discussion of ecology and industry - http://thedianerehmshow.org/shows/2011-10-10/jeremy-rifkin-third-industrial-revolution-rebroadcast
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Political and Economic Reading List:
1.) “The American Dream” by foul-mouthed (but brilliant) George Carlin - http://www.youtube.com/watch?v=acLW1vFO-2Q
2.) Nobel laureate Joseph Stiglitz, "Of the 1%, by the 1%, and for the 1%" -http://www.vanityfair.com/society/features/2011/05/top-one-percent-201105
3.) "Our Banana Republic" by Nicholas Kristof - http://www.nytimes.com/2010/11/07/opinion/07kristof.html
4.) "A Hedge Fund Republic" by Nicholas Kristof - http://www.nytimes.com/2010/11/18/opinion/18kristof.html
5.) "How to End the Great Recession" by Robert Reich -http://www.nytimes.com/2010/09/03/opinion/03reich.html
6.) “A Dogma to Wreck the Country” by Thatcherite conservative, Niall Ferguson - http://www.thedailybeast.com/newsweek/2011/07/24/gop-antitax-dogma-endangers-the-country.html
7.) War, Peace and Political Manipulation - http://paxonbothhouses.blogspot.com/2011/10/war-peace-and-political-manipulation.html
8.) Ronald Reagan’s Budget Director David Stockman on America's inconceivable wealth inequality - http://www.cbsnews.com/video/watch/?id=7009217n
10.) Benjamin Franklin “on Property and Taxes” - http://press-pubs.uchicago.edu/founders/documents/v1ch16s12.html
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Benjamin Franklin to Robert Morris
25 December, 1783
"The Remissness of our People in Paying Taxes is highly blameable; the Unwillingness to pay them is still more so. I see, in some Resolutions of Town Meetings, a Remonstrance against giving Congress a Power to take, as they call it, the People's Money out of their Pockets, tho' only to pay the Interest and Principal of Debts duly contracted. They seem to mistake the Point. Money, justly due from the People, is their Creditors' Money, and no longer the Money of the People, who, if they withold it, should be compell'd to pay by some Law.
All Property, indeed, except the Savage's temporary Cabin, his Bow, his Matchcoat, and other little Acquisitions, absolutely necessary for his Subsistence, seems to me to be the Creature of public Convention. Hence the Public has the Right of Regulating Descents, and all other Conveyances of Property, and even of limiting the Quantity and the Uses of it. All the Property that is necessary to a Man, for the Conservation of the Individual and the Propagation of the Species, is his natural Right, which none can justly deprive him of: But all Property superfluous to such purposes is the Property of the Publick, who, by their Laws, have created it, and who may therefore by other Laws dispose of it, whenever the Welfare of the Publick shall demand such Disposition. He that does not like civil Society on these Terms, let him retire and live among Savages. He can have no right to the benefits of Society, who will not pay his Club towards the Support of it."
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Reagan Budget Director, David Stockman, who oversaw the biggest tax cut in the history of humankind: “In 1985, the top five percent of the households – the wealthiest five percent – had net worth of $8 trillion – which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $40 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” Elsewhere in this same CBS “60 Minutes” interview, Mr. Stockman describes America's obsession with tax cuts as "religion, something embedded in the catechism," "rank demagoguery, we should call it what it is," and "We've demonized taxes. We've created... the idea that they're a metaphysical evil." And finally, this encompassing observation: "The Republican Party, as much as it pains me to say this, should be ashamed of themselves." - http://www.cbsnews.com/video/watch/?id=7009217n&tag=contentMain;contentAux /// http://finance.yahoo.com/tech-ticker/obama-gop-agree-to-tax-breaks-but-%22we-need-major-tax-increases%22-david-stockman-says-535688.html?tickers=^DJI,^GSPC,GLD,DIA,TBT,TLT,UUP /// http://finance.yahoo.com/tech-ticker/david-stockman-lack-of-middle-class-jobs-low-growth-alleged-recovery-yftt_535691.html /// http://www.cbsnews.com/video/watch/?id=7009246n&tag=contentBody;housing (There is a self-resolving glitch near the beginning of this final clip.)
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Teddy Roosevelt: “Too much cannot be said against the men of wealth who sacrifice everything to getting wealth. There is not in the world a more ignoble character than the mere money-getting American, insensible to every duty, regardless of every principle, bent only on amassing a fortune, and putting his fortune only to the basest uses —whether these uses be to speculate in stocks and wreck railroads himself, or to allow his son to lead a life of foolish and expensive idleness and gross debauchery, or to purchase some scoundrel of high social position, foreign or native, for his daughter. Such a man is only the more dangerous if he occasionally does some deed like founding a college or endowing a church, which makes those good people who are also foolish forget his real iniquity. These men are equally careless of the working men, whom they oppress, and of the State, whose existence they imperil. There are not very many of them, but there is a very great number of men who approach more or less closely to the type, and, just in so far as they do so approach, they are curses to the country." Theodore Roosevelt - February, 1895 - http://books.google.com/books?id=2wIoAAAAYAAJ&pg=PA9&lpg=PA9&dq=%E2%80%9CToo+much+cannot+be+said+against+the+men+of+wealth+who+sacrifice+everything+to+getting+wealth.+%22&source=bl&ots=tlzVCZMAuz&sig=DZ9KUKiPiBTUlThoSVs6KzQTvF4&hl=en&ei=OxibTcHrCIGdgQev_o2eBw&sa=X&oi=book_result&ct=result&resnum=2&ved=0CBsQ6AEwAQ#v=onepage&q=%E2%80%9CToo%20much%20cannot%20be%20said%20against%20the%20men%20of%20wealth%20who%20sacrifice%20everything%20to%20getting%20wealth.%20%22&f=false
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Abraham Lincoln: "In my present position I could scarcely be justified were I to omit raising a warning voice against this approach of returning despotism. It is not needed nor fitting here that a general argument should be made in favor of popular institutions, but there is one point, with its connections, not so hackneyed as most others, to which I ask a brief attention. It is the effort to place capital on an equal footing with, if not above, labor in the structure of government. It is assumed that labor is available only in connection with capital; that nobody labors unless somebody else, owning capital, somehow by the use of it induces him to labor. This assumed, it is next considered whether it is best that capital shall hire laborers, and thus induce them to work by their own consent, or buy them and drive them to it without their consent. Having proceeded so far, it is naturally concluded that all laborers are either hired laborers or what we call slaves. And further, it is assumed that whoever is once a hired laborer is fixed in that condition for life. Now there is no such relation between capital and labor as assumed, nor is there any such thing as a free man being fixed for life in the condition of a hired laborer. Both these assumptions are false, and all inferences from them are groundless. Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration." Read more: State of the Union Address: Abraham Lincoln (December 3, 1861) — Infoplease.com http://www.infoplease.com/t/hist/state-of-the-union/73.html#ixzz17XlRsbev
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War is a Racket
Major General Smedley Butler
United States Marine Corps Commandant
In his lifetime, Major General Butler was the most decorated Marine ever.
In retirement, General Butler, a life-long Republican, ran for a Pennsylvania.
A racket is best described, I believe, as something that is not what it seems to the majority of people. Only a small inside group knows what it is about. It is conducted for the benefit of the very few at the expense of the masses.
I believe in adequate defense at the coastline and nothing else. If a nation comes over here to fight, then we'll fight. The trouble with America is that when the dollar only earns six percent over here, then it gets restless and goes overseas to get 100 percent. Then the flag follows the dollar and the soldiers follow the flag.
I wouldn't go to war again as I have done to protect some lousy investment of the bankers. There are only two things we should fight for. One is the defense of our homes, and the other is the Bill of Rights. War for any other reason is simply a racket.
There isn't a trick in the racketeering bag that the military gang is blind to. It has its "finger men" to point out enemies, its "muscle men" to destroy enemies, its "brain men" to plan war preparations, and a "Big Boss" Super-Nationalistic-Capitalism.
It may seem off for me, a military man, to adopt such a comparison. Truthfulness compels me to. I spent thirty-three years and four months in active military service as a member of this country's most agile military force, the Marine Corps. I served in all commissioned ranks from Second Lieutenant to Major-General. And during that period, I spent most of my time being a high-class muscle-man for Big Business, for Wall Street, and for the Bankers. In short, I was a racketeer, a gangster for capitalism.
I suspected I was just part of a racket at the time. Now I am sure of it. Like all the members of the military profession, I never had a thought of my own until I left the service. My mental faculties remained in suspended animation while I obeyed the orders of higher-ups. This is typical with everyone in the military service. Thus I helped make Mexico, and especially Tampico, safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenue in. I helped in the raping of half-a-dozen Central American republics for the benefit of Wall Street. The record of racketeering is long. I helped purify Nicaragua for the international banking house of Brown Brothers and Co. in 1909-1912. I brought light to the Dominican Republic for the sugar interests in 1916. I helped make Honduras 'right' for American fruit companies in 1903. In China in 1927 I helped see to it that Standard Oil went its way unmolested. "During those years, I had, as the boys in the back room would say, a swell racket. I was rewarded with honors, medals, and promotion. Looking back on it, I feel that I might have given Al Capone a few hints. The best he could do was to operate a racket in three city districts. The Marines operated on three continents."
Excerpt from 1933 speech.
For all five chapters of Butler's "War is a Racket," please see: http://www.lexrex.com/enlightened/articles/warisaracket.htm
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Pat Buchanan (the living American who has spent most time as a White House advisor): "The Republican philosophy might be summarized thus: To hell with principle; what matters is power, and that we have it, and that they do not.” "Where the Right Went Wrong" - http://www.amazon.com/Where-Right-Went-Wrong-Neoconservatives/dp/0312341156
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Thomas Merton: "The terrible thing about our time is precisely the ease with which theories can be put into practice. The more perfect, the more idealistic the theories, the more dreadful is their realization. We are at last beginning to rediscover what perhaps men knew better in very ancient times, in primitive times before utopias were thought of: that liberty is bound up with imperfection, and that limitations, imperfections, errors are not only unavoidable but also salutary. The best is not the ideal. Where what is theoretically best is imposed on everyone as the norm, then there is no longer any room even to be good. The best, imposed as a norm, becomes evil.” Conjectures of a Guilty Bystander - http://en.wikipedia.org/wiki/Thomas_Merton
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