This continues a post Tory Economics Versus Benjamin Franklin which in turn completes something I wrote back in 2015. Benjamin Franklin was no angel, but his observations about money and economics were on point. And he made some important points about the money supply that seem to have been deliberately forgotten, again and again, in subsequent years.
On June 9th 2017 Zach Carter posted an article in the Huffington where the author talks about the distinction between aristocratic conservatism and authoritarianism. My Friend Harvey Kaye turned me on to the article with a tweet. But on reading it I had a lot of second thoughts. The central Thrust is on Point. However, he labels Democrats as "Good Aristocrats" and miscasts what we did (and tried to do) in the 2016 election. Still he describes what we are up against fairly decently. If incomplete. We are fighting Gaslighting and Flying Monkeys on both Left, Right and from Russia. And many folks don't realize they are gaslighting or being gaslighted.
I support the notion of detaching the Management of our National Airlanes from the FAA's regulatory Role. However, privatizing the system would be a gross mistake.
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| https://www.philadelphiafed.org/-/media/publications/economic-education/ben-franklin-and-paper-money-economy.pdf |
Franklin saw paper money as a necessary tool for local government in the colonies. The purpose of paper money was, and is, to facilitate commerce. The value of paper money is that it can be used to pay taxes, which in turn are used to pay for services performed for the local jurisdiction. This keeps enough circulation going to facilitate trade and commerce.
By issuing public money locally, backed by tax revenues and State Properties and making it payable for private and public debts, the paper money could be regulated through taxation, preventing excessive inflation. Paper money issued, would be retired or rolled over as appropriate.
Anyone who thinks that Privatizing our roads, railroads and infrastructure. Or legalizing monopolies is a good thing, doesn't know the real history of piracy and monopoly in this country. As we brace ourselves for another round of privateering, it is important to outline some of that history.
The Democratic Party has One mission and that is representing the people in our country who form our coalition and of serving them. As such the party has two different roles in moderating our selection and election of officers to represent and serve us. The first role is to ensure that the people in our party select the best possible candidates for office and the second one is to ensure that as many of those candidates as possible get elected. This first role is served in our primary system specifically. The second is served in the general elections that follow candidate selection. In the first phase the party has to provide neutral judges and processes to ensure that candidates are vetted and fit for office.
Even more fascinating, Bizaare, weird, than how the Russians got to Trump, who after all is a classic Kompromat target, is how they've seduced the Republican Party and Right Wing Cristo-fascist movements.
The day before yesterday I found myself reading a fascinating article by Christopher Stroop, who is the author of
"Bad Ecumenicism"
...and other authoritative (not authoritarian!) articles on the Christian Far Right. The narcissism and bullying of their leaders is well documented by Mr. Stroop.
Then last night I found myself reading a series of linked articles/Blog by Grant Stern called:
