The Trumpian movement to create a Domestic Brownshirts force is moving along. Fortunately it's not attracting mass crowds because, maybe, rank an file Trumpeters might be figuring out that Trump is breaking his promises on health care, is a narcissist and serial liar. I don't have confidence, however, that Trump will fail. He has dedicated cadres of agents with links to the Russian Far Right, and maybe to Russian Intelligence.
Friends of mine constantly accuse various Democrats of being "neoliberal". The term has some definite meaning to it, and so I find their use of it to be sloppy, broad-brushing and usually defamatory. What it isn't is anything to do with the actual Democratic Party and it's ideology. It is a defamation of Democrats to call us "neo-liberal." The term has a real meaning and is used wrongly by those trolling us, who use it. They can call themselves intellectuals, but they are defaming the party and what it stands for when they call us that.
In the dialogue with the faux Christian right, there is no redemption. There is little talk of forgiveness, redemption or mercy - much less of humility, love or repentance. They also seem to ignore the Gospels.
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.
