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POPSCloward/Piven Strategy of Economic Recoveryby
dl211 Yesterday 12:37 PM 
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Obama adheres to the Saul Alinksy Rules for Radicals method of politics, which teaches the dark art of destroying political adversaries. However, that text reveals only one front in the radical left's war against America. The Cloward/Piven Strategy is another method employed by the radical Left to create and manage crisis. This strategy explains Rahm Emanuel's ominous statement, "You never want a serious crisis to go to waste." The Cloward/Piven Strategy is named after Columbia University sociologists Richard Andrew Cloward and Frances Fox Piven. Their goal is to overthrow capitalism by overwhelming the government bureaucracy with entitlement demands. The created crisis provides the impetus to bring about radical political change.
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POPSIs the Economy Recovering? The Curious Case of 1920 vs. 1929
The basic questions we need to ask here are: 1. Why do economies recover? 2. Are we recovering? Q. Why do economies recover? A. They recover because bad investments made during the bubble are liquidated, valuable capital is no longer being wasted on them, new capital is formed from savings, and profitable enterprises attract new capital to expand. Low real interest rates caused by increased savings encourage borrowing, manufacturers use the capital to make new machines, producers of consumer goods buy them, cash goes through the system, consumers see things are getting better, more consumer goods are produced, and consumers buy them. It has to happen this way or the recovery will fail. The difficult part of a recovery is ugly. Bankrupt firms need to fail so that valuable capital resources are not wasted on their continuing activities. This means that unemployment rises (10.2% now) and business bankruptcies are high. Trillions of dollars of asset values are wiped out.
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POPSDoes Economics Violate the Laws of Physics? Excellent article on how, among other things, economists treat energy as a commodity and ignore that it takes energy to produce the other commodities. This is what happens when our educational system gets taken over by people who devalue the subject of Science...not to mention common sense.
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POPSACORN foresaw the foreclosure crisis in 2001
More: Moreover, Oakland's law would have gone much farther than requiring that borrowers could afford loans. In 2001, ACORN officials already recognized that the driving force behind the subprime lending was the ability of brokers to chop up risky mortgages, repackage them with good loans as "securities," and sell them to other banks on a largely unregulated market. When homeowners who couldn't afford their loans later defaulted on them, these securities became widely known as "toxic assets" and were the primary cause of the world financial crisis… But if Oakland's law had been widely adopted, the bailout likely would have been unnecessary and the worst economic downturn since the Great Depression probably averted. Why? Because the city's ordinance not only would have held mortgage brokers liable for making bad loans, but also every other bank that later bought pieces of those bad loans after they were securitized. In short, the market for subprime loans would have dried up.
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POPSWho Are You Doing Business With Every business should check the credit of a buyer before making a sale. More importantly, if your client does ongoing business with your firm, their credit needs to be monitored at all times.
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POPSExcuses Wearing Thin for Obama, Media Pals Yet just a few months ago, the Obama camp was singing a little different tune. It was under criticism for the $787 billion stimulus package it bulldozed through Congress on grounds that massive spending was needed to keep the unemployment rate from breaching 8 percent. When joblessness hit 9.5 percent in June, Vice President Joe Biden said, "We misread how bad the economy was." They inherited the worst economy since the Great Depression, or the economy turned out to be worse than they thought. Which is it? It can't be both -- unless your brain is completely addled by the Obama charisma. That's the backdrop to the story of Rush Limbaugh getting booted from a group bidding to buy the St. Louis Rams. He was smeared on CNN and MSNBC with false accusations of making two racist comments. He is an abrasive critic of Obama, so he must be racist.. . Recently an MSNBC personality accused the U.S. Chamber of Commerce of lobbying for policies that amount to being "treasonous . . .
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POPSEnding death penalty could save US millions More: Dieter says that keeping execution while reducing its costs is not realistic. If less money is spent on appeals, he argues, the risk of executing an innocent person will increase. He said that ultimately, execution does not deter crime as its supporters hope. Capital punishment has been abolished in most western democracies, and after it was eliminated in the US state of New Jersey in 2007, the state saw its murder rate decline. Dieter cites a poll of 500 local police chiefs, which was paid for by the DPIC and released on Tuesday, showing support for ending capital punishment. The survey found that the police chiefs see the death penalty as the least effective tool in deterring crime. They suggest more efficient use of resources -- such as boosting funding for drug and alcohol abuse programs.
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POPSEconomy fallout: Younger workers less secure, less engaged More: The key findings: * Employee engagement is down because of the economy; this decrease is most drastic in younger age groups. Additionally, those who do not feel secure in their job experienced a greater decline in engagement after the economic downturn. * Employees report decreased supervisor support. * Employees feel increasingly overloaded with work and feel they are assuming the workload of those who have either left the organization or are less productive because of decreased engagement. * Employees feel less included but also feel teams are less effective after the economic downturn; age played a factor in this analysis. * Perception of job quality decreased likely because of a "command and control" approach many organizations adopt (intentionally or not) during times of economic crisis.
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POPSExcuses wearing thin for Obama, media pals He lost me completely when his Administration declared we were in an economic crisis then he & the Congress proceeded to sink us even deeper with irresponsible spending. The spending is in such huge amounts that there is no accountability or oversight. It's going down a black hole and our Country is going with it.
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POPSEinstein's Essays on Society Unknowingly prisoners of their own egotism, they feel insecure, lonely, and deprived of the naive, simple and unsophisticated enjoyment of life. Man can find meaning in life, short and perilous as it is, only through devoting himself to society. The economic anarchy of capitalist society as it exists today is, in my opinion, the real source of evil. (Albert Einstein, 1949)
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POPSSaudi Arabia Wants Compensation if Global Warming Bill Passes Saudi Arabia, which sits atop the world's largest proven oil reserves, is seeing economic growth slide because of fallout from the global meltdown, but experts still expect the country, flush with cash from oil's earlier price spike last year, to be better able than other nations to cope with the current crisis. Al Sabban accused Western nations of pursuing an agenda against oil producers, under the guise of protecting the planet. “Despite the variability in the region, the current Arab position is mainly focused around protecting the oil trade rather than saving the planet form the adverse impacts of climate change,” said Wael Hmaidan, the executive director of IndyACT.
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POPSLooking for a middle class
A sad depiction of how our middle class has been steadily losing ground to corporate dominance. This new economy is strangling the very people responsible for the success of many businesses who, along with government’s help, are creating this new economy. The days of job security are over. Beginning when companies began turning their ‘full-benefit’ employees into contractors to save the expense of providing those benefits. The middle class is about to be beat down even further when the drive to reduce the deficit and debt takes center stage. Reduction of Social Security, Medicare and other entitlements will be seen as the answer to rising costs and the middle class will be the biggest losers, again. Ms Cocco advises us to “Fight the myths. Break the back of the corrupt campaign finance and lobbying systems. These are hard political tasks. But being pushed further down is harder, still. Because no one knows where the new bottom lies.” Advice we would all do well to heed.
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POPSAnother Bad Idea
The cost of this cash handout? $13 billion. And Obama says that money cannot come out of social security trust funds. But, in typical Obama fashion, he offered absolutely no alternative way to pay for it. And get this – he’s willing to BORROW MORE MONEY to fund the payouts. Perfect! All the clowns who you’d expect to be in favor of tihs (Reid, Rangel, et al) naturally lined up to kiss ass praise Obama for this plan. People with Actual Brains, like Senator Judd Gregg (R-NH) said it’d be inappropriate to mess with a system which was specifically designed to reflect the cost of living. In January, social security recipients saw their payments go up by nearly 6%, which was the largest increase since 1982. Apparently, it was to combat the rising costs of energy at that time. Meantime, the working population has seen, on average, 2% raises for the past couple of years. Did our energy costs not go up too? We’re not even going to SEE social security payments when we retire, for crying ou
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POPSClassic Liquidity Trap Such a Brilliant man...lol... Only a Foolish Fed falls for the Classic Liquidity Trap. Read more about it at:Google... doctrader liquidity trap.
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