Charles Faddis: Governor Buddy Roemer Merits a Look..

C/O Charles Faddis

Governor Buddy Roemer merits a look.

Buddy Roemer is a candidate for the Republican nomination for president. He served in Congress from 1981-88 as one of the last truly conservative Democrats who crossed the aisle to back the Reagan agenda. He later was governor of Louisiana and switched party affiliation to the GOP. A longtime business executive, Mr. Roemer founded and was CEO of Business First Bank, a small community lender with $650 million is assets.

Memorable Line: “I’m a Methodist boy, and I believe in miracles.”

Memorable Line:  “I want Washington DC to stop being the capital for corruption.”

Governor Buddy Roemer’s Campaign Website

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Dec 23

Josh Kilbourn: Endgame – 2012 Forecast [W.E. Pollock]

We are going to move from denial to realization.  Physical world events will drive the process of realization. The primary trend is between stability and instability. We are moving from a multi-class system running from Super Elite to Unperson into a model of have’s and have-nots, the unpersons. Labor has become a problem because less than 500 million are involved in life support activities thereby leaving more than 7 billion people very vulnerable to dependency (and treated as expendable containers). We are watching a redistribution process bound towards divestiture as more people become unpersons. Destruction of paper assets, debt collapse, bank failure, and war are all part of the redistribution process. With more unpeople, it becomes easier to reduce population through death and abuse. Our current economic structure has at least six trajectories of support; the physical world, human capital, transportation, technology, rule of law,and money.

Fukishima, Katrina, Gulf of Mexico oil spill — all examples of entire populations treated as “unpersons.”

See Also:

VIDEO: Fukushima – Total Cost (33)

W. E. Pollock Web Site

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Dec 23

John Bogle: ENOUGH – Speculation Bad Investment Good

MARK JEWELL

Associated Press, 22 December 2011

EXTRACTS:

Bogle says he’s paying close attention to tax policies he considers unfair, including one that’s favorable to the fund industry and investors with taxable accounts. The top rate for dividends and long-term capital gains is historically low at 15 percent, as a result of the extension of Bush era tax cuts that Congress and President Barack Obama agreed to a year ago. In contrast, top earners pay 35 percent on regular income. He doesn’t like that disparity.

. . . . . . .

As for capital gains, there ought to be some distinction between capital made by people who start businesses, and contribute value to society, and capital made by gamblers on Wall Street, some of whom win. Earned capital income should carry the regular dividend rate, but capital income gains by trading, and particularly short-term trading, should pay a higher tax, even than the present ordinary income rate.

. . . . . . .

Q: What’s your take on the Occupy movement?

A: I’m happy to say that my current income puts me in the 99 percent group. So maybe I’m not so happy, I don’t know.

This movement has brought to the surface some very serious problems in our country about disparities in opportunity and income. So many young people are having a terrible time getting a job.

Young people have great idealism, and the Occupy movement has been a bit unrealistic at times. So what? I can’t imagine a worse America if our younger generation didn’t have great idealism. I salute them for their enthusiasm, and their mission.

The negative side is that they just pushed too hard for too long. It’s very difficult for any movement without any seeming leadership — other than a good idea — to have any sense of taste or judgment. Who’s to say, ‘This is going too far’? In some places, it’s just gone on too long, and it’s been too disruptive. So I think it’s good that we’ve been cleaning up the plazas where the Occupy movement set up.

Read full interview.

See Also (Steele Reviews in Each Case):

John Bogle, The Battle for the Soul of Capitalism

William Greider, The Soul of Capitalism: Opening Paths to a Moral Economy

Matt Taibbi, Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History

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Dec 22

Event: Jan 20, 2012 – Occupy the Courts!

Comment: For those in NYC who are interested, visit this event webpage and this flyer (front & back) + Twitter and Facebook.

Also See:

Event: Jan 21, 2012 – Occupy the Corporations!

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Dec 7

John Steiner: US Chamber of Commerce – Kill It?

John Steiner

Click here to sign your name:
“Google, stand up for democracy and your users—quit the U.S. Chamber of Commerce!”

Dear MoveOn member,

Right now we have a huge opportunity to deal what’s being called a “serious blow to one of Washington’s most powerful lobbies.”1

The U.S. Chamber of Commerce is an army of lobbyists for hire by mega-corporations like banks and those in the fossil fuel industry. In 2009, it spent more corporate money on lobbying than the next five biggest spenders combined.2 And 93% of its campaign spending goes to support Republicans and attack Democrats.3

Google is a paying member of the Chamber, which means that part of the money they make from Google users—ordinary people like us using Gmail, Google search, and other Google products—goes into the Chamber’s pockets to fight for Wall Street and Big Oil. But the Washington Post and Politico recently reported that at Google headquarters, employees are intensely debating whether Google should quit the Chamber in the next few weeks.4

Read the rest of this entry »

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Dec 6