Archive for February, 2012
GOP Nomination – Slow Start, Big Ending
By: J. Randolph Evans
In 1984, Vice President Walter Mondale was 40 delegates short of the number of delegates necessary to win the Democratic Presidential nomination. It was the last time that a national party convention opened without its Presidential nominee having been decided by its state primaries and caucuses. Mondale easily won the nomination at the Democratic National Convention, only to lose decisively to President Ronald Reagan in the 1984 General Election.
Until midway through the 20th century, national party conventions picked the Presidential candidates for the national political parties. But, both parties learned that without a nominee being selected beforehand, conventions can be dangerous things.
Goldman Sachs’ Shadow
I think the Goldman Sachs story epitomizes destructive jungle-ethics financialism as opposed to constructive free-market capitalism. We and our country need and must have a revival of capitalism but I fear that will not be possible for as long as we have no-ethics, no personal honor kleptoparasites running the show in Washington and jungle-ethics financialists running the show on Wall Street.
A revival of true and actual free-market capitalism is needed and will be essential for the rejuvenation of the free market economies that are the life blood of the nation and the only viable source for prosperity for the people who live in the fifty states of The United States of America. Our government can run the printing presses and create more currency to put in circulation and then by fiat declare that the currency is dollars but it is our nation’s market economy and only our nation’s market economy that can establish and validate the worth of dollars. The phrase, “Backed by the full faith and credit of The United States Federal Government” has been made into a sad, sick joke that is being played on the American people by the kleptoparasitic statists who populate Washington and the jungle-ethics financialists who populate Wall Street and other financial centers.
Financialism is a game that is played by the no personal honor statists and they play it for the entertainment of the delusional who somehow believe that governments, just because they are governments, have superhuman powers with which things can be done that are beyond the capability of the rest of us mere mortal humans. On the contrary, it is We, the people who must provide for the power of the hubristic politicians and bureaucrats if they are to have power that can be used for any purpose.
I don’t know this for certain but I think that from this point and going forward, having a properly functioning Federal Reserve is probably essential for us to have a properly functioning economy and properly functioning markets of all kinds. However, we absolutely don’t need and our nation has no use for a Federal Reserve whose primary clients are the parasitic jungle-ethics financialists regardless of where they happen to be located in The United States as well as in other countries.
If we are to have a Federal Reserve then the one that we must have is one that serves the private sector market economy that We, the people must have if we are to have prosperity for ourselves and if we have any hope of ever repairing the damage that has been done by the legalized crime syndicates that have sprung up in places of power and influence.
Take care and have a good day.
Tom
U.S. Military Cuts Have Consequences
By: J. Randolph Evans
With just 11 months remaining in his current term, President Obama announced drastic cuts in the U.S. military, including proposed significant reductions in the U.S. nuclear arsenal. The announcement comes as Iran proclaims, publicly and defiantly, that it is much closer to its own production of nuclear fuel; and as Russia continues its steady march to return as an equal military superpower after President Ronald Reagan pushed the old Soviet Union to dissolution.
Do-Nothing Congress vs. Do The Wrong Thing President?
By: J. Randolph Evans
As Americans wait for Republicans to pick their nominee against President Barack Obama, there is an important subtext emerging for 2012. With the federal debt mounting, and the recovery remaining sluggish (at best), Americans increasingly wonder “is anyone in Washington, D.C. actually doing anything – especially their job?”
In response to this question, an enormous public relations battle and political tug-of-war is going on between President Obama and the Congress. Of course, with the control of Congress split between the Republicans in the House and the Democrats in the Senate, whatever political message there is gets muddled.
Jim Wooten – A Voice Missed
By: J. Randolph Evans
The average person does not know who Jim Wooten is. Yet, every insider, pundit, politician, and elected official knows exactly who he is. He was a conservative columnist with the Atlanta Journal Constitution (“AJC”). With little fanfare last year, Jim Wooten retired. He was one of the last credible columnists of Georgia’s most liberal newspaper.
Somehow, it just does not seem right that the Georgia General Assembly is in session or a Presidential race underway without Jim Wooten commenting on its ins and outs.
