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Interests: Website: <a href="">Social Choice and Beyond,</a> Jazz, Art, Travel, Societal Architecture, Information Theory, my Grandchildren
Recent Activity
Frank, Trump is tuned in to what I call hate talk radio which many people especially in his base listen to all day as a daily diet. He didn't create that base. It was created for him by the likes of Rush Limbaugh, Alex Jones and Fox news all of which have made millions in the process. He is just exploiting that ready made red state "Republican" base. I put Republican in quotes because they are not really Republicans in the traditional sense. They are angry people who are voting against the Democrats. They are rural mainly voting against the urban. Even in the south in the big cities, they are voting Democratic.
Frank, I don't entirely appreciate the meaning of a "coalition government." Why does Angela Merkel's party have to combine with another party so that the combined parties have a majority of seats?
Frank, Thank you for your cogent and insightful remarks. What will the world look like without the petrodollar? How will this affect the national debt? Has the overuse of sanctions contributed to this result? It seems like their will be major changes in the world's power alignment.
Toggle Commented Sep 14, 2017 on Off the Top of My Head at California Free Press
The climate change deniers didn't want the Federal government to offer any help to the victims of Hurricane Sandy. They said it was an individual problem and the government shouldn't get involved. Those people were at fault because they didn't buy flood insurance like they should have. Governor of Florida, Rick Scott, is a climate change denier, but now he's got his hand out for the government to bail out his state. It ought to be a requirement that no state can receive Federal aid for a climate disaster unless they first admit that climate change is a reality. For those that don't, tough tickey, it's an individual problem and your constituents should have bought flood insurance. That's your belief system, right, unless it happens to you. Then you've got your hand out for the rest of us to help.
From IB Times: Canceling New Flood Risk Standards On January 30, 2015, President Barack Obama signed an executive order establishing a Federal Flood Risk Management Standard, an effort to shore up the nation’s defenses against the potential torrential rain and sea-level rise associated with the warming atmosphere. The order updated a 40-year-old order crafted before climate was an unavoidable issue, and directed federal agencies to revise flood maps and evaluate flood-avoidance rules for taxpayer-funded projects. It would have meant, according to the Association of State Flood Plain Managers, “that projects funded with taxpayer dollars do not have to be rebuilt time and again as we deal with increased rainfall and storm events.” On August 15, in an executive order streamlining infrastructure priorities, Trump revoked the order. Trump has also revoked two other Obama executive orders related to climate — one that helped states and local governments coordinate better with the federal government, and Obama’s June 2013 Climate Action Plan.
Toggle Commented Sep 1, 2017 on Off the Top of My Head at California Free Press
Frank, The link is still not working, but your comment is much appreciated. John
“I could stand in the middle of 5th Avenue and shoot somebody and I wouldn’t lose voters,” [Trump] said. Yes, and now he could stand in the middle of 5th Avenue and shoot somebody and he wouldn't lose the Presidency. Not with a Republican controlled Congress and Supreme Court. They would never impeach him no matter what. He is literally above the law, effectively a dictator.
Toggle Commented Jul 17, 2017 on The Trump Standard at California Free Press
Step #1: It starts in the House Judiciary Committee where there are 24 Republicans and 14 Democrats. Need I say more? The majority will never vote in favor of an impeachment resolution.
Abrupt Warming - How Much And How Fast? Will humans be extinct by 2026? How Much Warming Have Humans Caused?
This is an example of how the US defense contractors profit by selling destructive weapons to both sides in any military situation. The American people should insist on some sanity here. If a nation supports terrorism, no American corporation should be allowed to sell it weapons. Saudi Arabia also supports terrorism and the US just sold it $110 billion worth of weapons. Without arms sales US GDP would plummet and that would be bad for business and employment.
I don't pretend to be a financial expert, but my take is that, rather than paying interest on the national debt, the government just issued the money itself directly into the economy rather than selling bonds like Abraham Lincoln did with greenbacks, the government could avoid future interest payments altogether. That way the government could avoid higher interest payments when the rate goes up since it would just be paying off bonds at lower interest rates. In addition bonds held by private American banks can be moved onto the Fed's balance sheet, but I don't think bonds held by private investors or perhaps other foreign entities, like sovereign wealth funds, can.