Tuesday, December 8, 2020

Collated Madness

It sounds so logical, rational, possible
all organized, sorted, separated by page;
Eacb copy is all stacked for binding,
Like a book intended for the ages;
Each page is in neat type,
A clear script making your mad case;
Repeating to your angry followers;

"Kill the black man!
Hang him high!
Throw his body into the sea!
Send him to Kenya!
He's not our guy!"

You have your own universe of media.
Crowds flying banners,
Patriots preaching treason.
Preaching fealty to the constitution
While practicing subversion.
Subversives calling lies,
"Fair and Ballanced," for all to see.

And you repeat to your angry followers,
"LOCK HER UP!
She is guilty!
Hang her high!
Throw her body in the sea!"

Waves of fat old men,
Riffles in hand, tin foil hats.
Led by blind old men,
Wearing tricornered hats,
Dangling tea bags.
 
You preach to your lynch mob!
Old and well fed, 
young and missing teeth.
"Save the children!"
"Stop the death panels!"
You shout;
"Stop the world, I want to get off."
"I'll give you the best health!, believe me!"
"We'll make America Great Again"
"We'll drain the swamp!"
And they believe you.

Call & response 
to your angry followers;
"Lock them up!
Lock them up!
Don't be too gentle!
Hang them high!
Throw their bodies into the sea!"

The slogans sound so logical, plausible.
A lifetime Con sure knows the swamp.
"Drain the swamp!" You say!
And proceed to drain everything,
Through a sieve.
And into your back pocket!
You talk so much of unborn children.
Your followers actually think you care!

And the call and response 
On immigrant children;
"LOCK THEM UP!
They are rapists and murderors!
They don't send us their best!
We want machine guns on the border.
We will make of them an example!"

You take suckling babies
from their mothers,
And send them for adoption.
And when women are raped,
Forced birth.

Meanwhile you loot and destroy,
And fire anyone who won't bow to you.
You give family members lucrative contracts.
And steal everything not well nailed down.
Your party no longer sounds rational.
And you have done evil,
That makes no sense.

Christopher H. Holte 12/8/2020

I started this a long time ago. Wrote most of it before 2016.  There is more in my head, but I wanted to transcribe the paper while it was fresh.







Tuesday, November 24, 2020

Hope its Over

We aren't out of the woods yet. Written 12/4/2020.  Updated 12/9/2020

The SCOTUS denied CERT for Trumps latest frivolous lawsuit today. It's over for Trumps Presidency.

Adolf Hitler, along with others, tried to seize power in Munich, Bavaria, on 8–9 November 1923. They failed.  Hitler was convicted of Treason. He wrote Mein Kampf from prison. He was made a hero. The Judiciary had sided with him. He came back to power 10 years later and ended the German Republic, replacing it with the "Third Reich."

Sturm and Drang, Dolchstoßlegende

The Germans had been traumatized by the

  • “Spanish Flu”
  • The horrors of trench war and utterly futile two front warfare.
  • The betrayals of the peace negotiation led by Woodrow Wilson,
    • The "peace" with the Brits, French and Americans, involved betrayals and was labeled Dolchstoßlegende, "Stabbed in the back legend." it was sold as an explanation of Germany's loss. “We didn't lose the war, we were stabbed in the back” morphed into “We lost due to the Jews”, became a vicious antisemitic narrative that appealed to Germans suffering depression, inflation and a society that seemed to be deteriating. Hitler came to power, partly, on the strength of this Dolchstoßlegende lie.

      https://en.wikipedia.org/wiki/Stab-in-the-back_myth

      Trump's Sturm and Drang, Con

      Trump is trying to build such a Dolchstoßlegende about his election. To him, this narrative addresses 3 deep ego needs.

      1. As a Narcissist, he cannot handle losing. So he has responded to loss his whole life by calling the people he lost to corrupt.
      2. 1985, rejected in efforts to buy an NFL team, accused the NFL of rigging
        1986, lost Antitrust suitt, called the courts rigged.
        1987, lost investment in Alexanders, lied about it.
        1989, Lost Bid on Seminole casino project, screamed “fraud” also has spent rest of his life on a vendetta against Indiginious since then.
        1989, Father bailed out his Casino, but it eventually went bankrupt....
        1990, called analyst warning of Trump Taj Mahal risks, a fraud and liar.
        Much more... but these come from Kurt Eichenwald (and I could look up his sources because I've verified them many times) https://twitter.com/kurteichenwald/status/1335778561572016128
      3. He thinks he can run again in 2024. Meanwhile, his narcissistic feed requires an angry lynch mob supporting him. It's no accident angry mobs assaulted the Secretary State of Michigan during the first week of December. Right Wing groups live on grievance and Dolchstoßlegende like narratives.
      4. He hoped to overturn the election. And might have succeeded if the election had been closer, or if his COVID response hadn't been so numbskull.

    Trump's Sedition

    Trump's effort to overthrow the election is sedition. Unfortunately, with Trump we can expect years of sturm and drang from Trump – eventually he will fail, but the big worry is that whoever picks up the standard after he is tried and convicted of a long list of crimes or finally strokes out — will carry on from where he left off. What Hitler did was sedition. Trump is doing sedition too.

    SAFE ACT

    Meantime we need to shore up our democracy against these fascists. All the complaints trump is making about the need for paper ballots and better process, are stolen (like most of his better rhetoric), from Progressives and Democrats.

Thursday, November 19, 2020

It doesn't have to be this way

In California a progressive affirmative action bill recently failed. If I were a Republican I'd be studying that vote to figure out a way forward that doesn't involve fascism and genuinely dumps racism. 

No ethnocity is homogenous. And there are attractive fundamental principles Republicans used to offer that provide alternatives that could be as progressive as those Democrats offer. 

If for example Conservatives were genuine about promoting genuine meritocracy & a path to inclusion, they would be able to compromise with progressives & recruit.

Trumpism & corrupt corporatism taints those alternatives.  It is obvious too many believe in country club rules, and rigging our political economy.  Markets have their lane, but so does common good.  When you take a common good out of the public good and try to put it into a market box -- like putting a square peg in a round hole --it doesn't fit. You get market failure.

Markets are, or should be, public squares where buyers & sellers come together.  What is sold in markets is free enterprise.

It doesn't have to be this way.

Christopher

Wednesday, November 18, 2020

Soldiering on

  We soldier on,
For our mates,
Despite all the insanity
And all the hates.
Our generals may be crazy.
Our officers may be lazy.
But we soldier on,
Singing a solidarity song.
Loving one another,
A brotherhood of comradry.
Standing back to back.
We win for our children
That way.

The ghosts of Rudyard Kipling, Kurt Vonnegut, Joseph Heller and sundry relatives and friends contributed to this.

Monday, November 16, 2020

Rents & Taxes

Model Post
Rent, Verb.
"payment for use of property," mid-12c., a legal sense, originally "income, revenue" (late Old English), from Old French rente "payment due; profit, income," from Vulgar Latin *rendita, noun use of fem. past participle of *rendere "to render" (see render (v.)).
Also from past participle of middle english to "rend or tear", garment, property, possessions. Rent and taxes are related terms.
tax (v.)
c. 1300, "impose a tax on," from Old French taxer "impose a tax" (13c.) and directly from Latin taxare "evaluate, estimate, assess, handle," also "censure, charge," probably a frequentative form of tangere "to touch," from PIE root *tag- "to touch, handle." Sense of "to burden, put a strain on" first recorded early 14c.; that of "censure, reprove" is from 1560s. Its use in Luke ii for Greek apographein "to enter on a list, enroll" is due to Tyndale. Related: Taxed; taxing.

Economic Rent

Rents are taxes on property. Taxes are rents assessed by tax collectors, public or private. In ancient times there was no difference. The lord and master of a property, whether a Squire, Baron, Count, King or Empire, collected rents as taxes owed him as owner. During the medieval times, ownership was usually a contract between the person who lived on a property and the government, embodied in a person. During the enlightenment, property owners conned governments into separating simple ownership from government. They did this by creating central banks and privatizing ownership of land. This allowed Lairds and lords alike to evict millions of peasants from their property to raise sheep or otherwise find more economically productive industry. A landlord could go broke not putting his property to such use, and both broke former lords and evicted peasants emigrated. It wasn't just the nobility. When you read books like Jane Austen you find the "gentry" figured their social status based on how much rent they could collect from property they owned. (See Piketty).

Walling Economics from Politics

In the United States, the landlords had to be more clever. They learned early on that they couldn't just march into a frontier town and take their taxes. That sparked locals to form "Regulator Militia", so they mainly endeavered to wall off economics from politics and use their rental income to influence local and general government. It is no accident that it took a civil war to end slavery. It only didn't end sooner because it became economically valuable. Both the slave and the people empoverished by the best land being in the hands of landlords were paying a premium to landlords for the fact that they owned the more valuable property. Owning valuable property was the source of wealth for the few. Property taxes mainly made it easier for the already powerful to keep their property and force work out of small holders. This system, by its design concentrates wealth due to premiums in the form of unearned economic rent from the mere privilege of owning the more valuable property.

Natures Tax Collector

Henry George assessed the value of rent from property ownership as making the property owner "nature's tax collector." He knew that simply owning valuable property was a source of unearned premiums. Basically property owners are collecting a private tax when they rent property or successfully speculate on property. They have a right to keep "wages of intendency" & a duty to collect and invest the income necessary to maintain or improve their property. They do not have an inalienable or absolute right to aggrandize valuable property, because land ultimately belongs as “natures bounty” in commons between a sovereign and those who work or live on it. An owners right to rent property is tied to "the sweat of the brow" used to keep that property healthy.

Premium from simple ownership versus earned premiums

Economic rent is a premium a person gets for owning something valuable, having a degree, land, buildings, owning stock, owning a business, company, etc... and employing people to use that property. Henry George made a valid distinction between property taken, borrowed, or owned from natures finite bounty and property that is lived on, productive and tended. The reason he did this is that the premium from simply owning part of natures bounty is unearned. Additionally, if one has valuable property, the premium from working that property is not entirely earned. Henry George called properties belonging to "natures bounty" "land", by land he also included Oil, Gas, Coal, though because his supporters came from oil, gas & coal interest that would be obfuscated after his death. He used the word "economic rent" to describe such premiums from working land, employing labor, owning property & renting properties. He described them as premiums and avoided calling them income because he knew property owners would try to confuse the two. After he died they did.

Earned and Unearned Income

If one performed any kind of labor, one has earned one's income. If one earns a premium from simple ownership of property or privilege, that income, some or all of it is unearned. Earned income also comes from when one improves property by one's effort. Such productive property, tools, plant, factories, raw materials, are capital. In the Georgist formulation the three factors are labor, natures bounty (Land) and capital. Capital should not be confused with land when calculating unearned premiums from property ownership. High Rents in Manhattan reflect the valuable monopoly that is land there. The buildings themselves are capital. The way you tell is that the buildings need constant maintenance, sustainment and refresh, to retain their value. That maintenance, sustainment and refresh is earned. Any value over those costs is economic rent.

Progressive Taxation

No one should be taxed on gross income no matter the source. No one should be harmed by taxes, nor should taxes lead to depreciation of properties real value. Taxes should always be figured on net income and net premiums. If a landlord or building manager tends the buildings he manages. All those costs are justly part of the rent he/she charges tenants. Taxes on land value should fall on the premiums gained from owning the property. Thus the rentier should pay progressive taxes on the economic rent he/she receives. One can link the zero tax rate to a calculated poverty level and allow cost of transport, food consumption, maybe donations, and personal shelter costs to go untaxed completely. One then sets up a system where no one pays taxes on that portion of income. But anyone making more than that pays maybe 10% of the net above that amount.

zero tax on net income less than 40K$.
Say:
10% on net income more than 40,000 (40K$) and less than say 100k$,
20% on net income over 100K$ and less than 200k$
30% on net income over 200k$ and less than 1M$
40% on net income over 1 Million (1M$) and less than 10M$
50% on net income over 10M$ and less than 100M$
60% on net income over 100M$ and less than 1 billion$
70% on net income over 1 Billion dollars
... And index these rates to inflation. These are just examples for discussion.

If one performs some kind of labor or work, one has earned at least part of that premium. If one's premiums are privileged, not all of it. The underlying principle goes back to the middle ages; “Do your duty or pay a duty”

Modern Money and Progressive Taxation

We privatized ownership markets (stock markets) and money, long ago. But the constitution gives government sovereignty over our money supply. The Federal Reserve only makes sense as an arm of the Treasury. As a private bank, it has too much power to engage in mischief. Wealthy people live on rents from owning banknotes and debt. When the economy does well they do well. When it collapses they take property from both workers and capital, but they and the rest of the rentier class wind up wealthier than before the crisis started. At this point the business cycle is an intentional feature not a bug in our system and is an instrument for taking wealth from working people, in other words, exctracting economic wealth using debt.

Money as debt is not innocuous. Federal notes are useful backed by token money. Backed by government debt, they are a means to extract rents from tax payers. Backed by personal or corporate debt, they are time bombs. Avoiding risk is avoiding responsibility.

Public Capital

The Fed should be supporting public capital (highways, railroads, transport in general, communications and energy) thru supporting local and federal government solvency. Not enforcing "balanced budgets" that treat capital and natures bounty as if they were merely costs. The current system treats cities and states as less important than banks, GM, Ford, etc.... This is a worldwide phenomenom as the system of States are continuously held accountable for doing the right thing. The current system is based on extorting companies by stripping sovereinty from them over their own finances.

Related readings

Saturday, October 31, 2020

Creative Normalization vs Dehumanization

My inner professor, just now, was giving me instructions in a dream. A group. I call them ABBA 2.0, because the music was all ABBA, but the group were mixed race, some LGBTQ. Maybe some were the grandkids of the original ABBA singers. It doesn't matter. It was the oversoul [God?] lecturing me in a dream. It was a dream, or vision.

Humanizing vs Dehumanizing

The songs and events were humanizing the singers.  They, go about their lives, singing songs while loving, living, driving around the Universal City in a tardis like van [bigger on the inside than the outside].   Abba 2.0 was singing these realities. And my professor oversoul was judging;

This is good.

Music, theater, Tv, are all propaganda. They can share uplifting matters of faith; love, goodwill, beauty, goodness, general good gain, personal gain.

Versus Evil

Lurking in the background is awareness, that forces of darkness are always trying to reverse the script. People who prejudge and dehumanize other humans, usually do so seeking a pretext to deny, take, refuse, destroy. They will push a narrative of conflict, limited resources, the other as perverse, inhuman, out to get you. We need Abba 2.0 to push back. The Zombie apocalypse is not a real thing. But seeing fellow humans as zombies, gives killing an excuse.

Anyway, Abba music is playing in the back of my head. I can go back to sleep.

Christopher Holte
 

Thursday, October 29, 2020

Getting Progressive Taxation Right

Suggestions:
Gross versus Net Taxation
Taxes should not fall on a person's basic expenses [gross not net]
Allow people to deduct food, shelter & work expenses
1. First Home mortgage or rent.
2. State taxes.
3. Transport to & from work & commerce.
4.  Capital goods should be deferred or deducted for everyone.
A. Deferred over a million dollars value.
B. Deducted if LT Million$.
5. Genuine capital investment has a cost or depreciation. Investments that don't depreciate are actually economic rent.
6. Define strictly & focus taxes on economic rent.
7. Economic Rent should be taxed progressively. 
Rates
1. Social Security & Medicare taxes should be calculated on everyone & subsidized for people with a net income less than 30k$. [2020 equivalent]
2. Payroll differentials should be subsidized for employees making less than 30k$ net or 15$ per hour net.
3. 2 can take the form of Food, Transport & Shelter credits.
4. Social Security accounts available to everyone thru retail or postal banks.
5. 0$ rate on net income less than 50k$
6. 10% rate on portion of income LT 100K$
7. 20% rate on net income over 100k$ and less than 200k$
8. 30% rate net 200k$ - 400k$
9. 40% 400k$ - 800k$
10. 50% 800k$ - 1,200k$
11. 60% 1,200k$ - 10M$
12. 70% 10M$ - 100M$
13. 80% 100M$ - 1B$
14.  90%  GT 1B$ 
All taxes should be indexed for inflation