Zbigniew Brzezinski: Joblessness, income disparity and the potential for civil unrest

 

 

Well, today we received further evidence that the economy is at stall speed as measured by tepid job creation and a uptick in the unemployment rate.  The Federal Reserve’s Ben Bernanke claimed a few months ago that his quantitative easing II (QEII) program was needed to spur employment, but as I said that the time,  that was a bald faced lie.  All the QE II program accomplished was yet another wealth transfer to the Wall Street crowd while the rest of us got treated to a bout of inflation at the gas pump and the grocery store.  It’s clear that the recovery that’s been touted by the government is bifurcated.  For the wealthy, the stock indices have regained much ground since September 2008, but for everyone else the economic pain has gathered steam.   The massive amount of debt that is floating nearly everywhere can not be serviced without the economy growing at a certain rate and that can only occur with robust growth in employment.  I read somewhere today that the economy would have to create at least 250,000 jobs monthly over the next couple of years to even hope to return to pre-depression levels.  Today’s number of 18,000 jobs being created in June is a far cry from that.  And yes, I did use the “D” word here.  This is a depression not a recession and that will be clear enough to all during the ensuing few months.  We’re in the midst of a serious contraction and with no recovery in the near-term.  Essentially, there’ll be an economic reset that will profoundly and fundamentally alter expectations and lifestyles. 

For sure,  there will be political consequences for the Obama administration.  That’s not to suggest that this is totally his fault, but he’s sitting in the chair and that means for a society with a short attention span like ours that he’ll get the blame.   There are some things that he deserves blame for, but there’s little that he can do about corporations sitting flush with cash while they outsource and refuse to hire.  

Perhaps the biggest thing the administration can be blamed for is its accommodation of Wall Street at the expense of the people.  The administration should have fought tooth and nail to spend money on the sort of public works projects that would have created employment for the people while addressing much needed enhancements and repairs to the nation’s infrastructure. The common complaint about the stimulus was that it wasn’t big enough to bail out the people, while trillions were made available to bail out Wall Street and the elite.    But this massive bailout of Wall Street  is not something that’s commonly read about in the press as a criticism of the administration nor is this even brought up by the republicans.  Criticism of Obama from those circles has more to do with calling him a socialist, a Kenyan and a bunch of other stuff that intentionally clouds the real issues.  Notwithstanding that, deep down the people know that there’s really been no one fighting for them, but everyone has been fighting to save the Wall Street robber barons.  They may not know all of the particulars, but they can see and what they see is a bifurcated situation with Wall Street in recovery while the people are hurtling over an economic cliff.   To be sure, the administration may not have won a fight to expand the stimulus, but that’s less of a problem than having not taken up the battle.  The latter is the administration’s biggest problem and that, more than anything else, will be consequential at the ballot box.

The other enduring consequence will be the tearing of the social fabric as measured by class resentment and even out and out class warfare.  Increasingly, concerns are being raised about potential civil unrest in the U.S.   During the course of the week, I frequent a number of finance and economics blogs and increasingly the comments are becoming very angry.  An example is the comment below.  This comment was in response to the IMF sponsored bailout of Greece debt, which was effectively partially financed by the US taxpayer to the tune of $ 780 million.  In other words, the US taxpayer is outrageously placed on the hook to bail out Greece. Of course, just like everything else that’s been done, this is really a bailout of the investment banks that held Greek debt and is yet another transfer of private losses onto the backs of taxpayers.   Yet, while fully known by our political class, we don’t hear anyone pounding on the table about this outrage.  Those yelling about spending cuts are strangely silent on this.  Instead there’s resistance to raising tax rates so the rich who benefit from this don’t have to pay for it, while austere cuts are imposed on those who can ill afford to pay for it.  This is the sort of sleight of hand misappropriation of taxpayer money that never enters the public discourse, but those who are aware of it become frustrated and angry. It’s clear that there’s no one who is trying to defend the people:

It is an amazing testament to Amerikan stupidity that virtually none of us have internalized the fact that our gubmint has declared war on us. They will not stop until they have stolen everything we own, enslaved our kids and throughly demoralized us.

We are absorbing the equivalent of a blitzkrieg of Holland or Belgium every few weeks, and it is at the hands of our own gubmint. 780 million here, 550 million there…pretty soon, we’ll all just be sleeping outdoors and roaming the country in packs.

Nothing less than armed insurrection and a bloody, all-out civil war can stop what has been put in motion.

Comments like these are no longer atypical.  Those who study the situation can see this story unfolding.  They see what’s occurring in places like Greece and Ireland and know that the same measures will be applied here.  Basically, losses are being socialized by raping the public treasury while the partisan political battle is a diversionary cover and as the wheels start to come off of the economy, we can expect these diversions and others to get much bigger.

I’m not a fan of  Zbigniew Brzezinski, but he makes  some thoughtful comments here about the level of income equality and its relationship to potential civil unrest in the US.   Brzesinski has made similar comments previously and  has called for the rich to voluntarily set aside a solidarity fund to help the people to avert an outbreak of class warfare. In other words, do voluntarily what they’ve resisted in budgetary policy.  There’s not a snowball’s chance in hell that will happen.  What’s more likely to occur is a Great War to divert everyone’s attention and to thin the herd:

 

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  • Anonymous

    “The common complaint about the stimulus was that it wasn’t big enough to bail out the people, while trillions were made available to bail out Wall Street and the elite.”.
    Problem with Stimulus is it stimulates China, not us. In our open economy, stimulus “leaks” out of the United States to countries that supply our basic needs such as vacuum cleaners and coffee makers. A bigger stimulus just means more borrowed money leaks out. China wins two ways.
    .
    The same was said for welfare, that it acts as a local stimulus, yet cities continue to go downhill.
    .
    .
    “Criticism of Obama from those circles has more to do with calling him a socialist, a Kenyan and a bunch of other stuff that intentionally clouds the real issues.” 
    .
    Obama’s biggest failure has been his inability to excite the imagination.
    .
    Reagan came into office during a bad economic period. Like Obama, he set into motion changes but he also believed in his core things would be better because he knew if people were encouraged to do great things, they would (and they did). Obama is at best conflicted about improvement because in his heart he see’s everything as a class/race struggle.
    .
    He just can’t bring himself to say as the  Chinese did, that it is glorious to be rich. Business and consumers pick up on his dark undertones and ambivalence causing a lag in investment and spending. Combine the undertones with his administration’s left wing anti-business policies/attitudes, you have a formula for stunted growth. You have Venezuela. You have a repeat of FDR.
    .
    I say this knowing Obama does have to deal with situations both FDR and Reagan did not have to deal with. The United States has tough international competition like we never had before and Americans are not dealing with it well. Adapting and competing requires a societal change in attitude.

    • http://theafricanamericanclarioncall.com Greg L

      >>>Problem with Stimulus is it stimulates China, not us. In our open
      economy, stimulus “leaks” out of the United States to countries that
      supply our basic needs such as vacuum cleaners and coffee makers. A
      bigger stimulus just means more borrowed money leaks out. China wins two
      ways.<<>>Obama is at best conflicted about improvement because in his heart he see’s everything as a class/race struggle. …He
      just can’t bring himself to say as the  Chinese did, that it is
      glorious to be rich. Business and consumers pick up on his dark
      undertones and ambivalence causing a lag in investment and spending.
      Combine the undertones with his administration’s left wing anti-business
      policies/attitudes, you have a formula for stunted growth. You have
      Venezuela. You have a repeat of FDR.<<
      >>…that it is glorious to be rich<<<<

      It's glorious to be rich for the rich, but many of the problems in the world come from this desire or the literal worship of wealth.   Depending on how one accumulates wealth and what he's does with it, it would be unfair to damn someone just because they happen to be wealthy, but the notion that we should all strive to be gloriously rich is at the root of every problem in the world, beginning with the economic mess we have now.  It's those who seek to be gloriously rich who are pushing their losses onto the public purse in everywhere in the world now as they seek to escape the losses that will rob them of their ill gotten gains.  It's the pursuit of wealth that left millions unemployed and foreclosed upon.  It's the pursuit of wealth that's been the cause of the deaths of millions in wars of conquest….and most of them are about conquest no matter the "justification".

      • Anonymous

        “The lag in investment has nothing to do with Obama’s dark undertones as folks are investing and hiring—they just happen to be doing that overseas rather than here due to cost advantage and the never ending search for more profits.”.
        If a dollar investment brings more return or even the same return with less headache, that is where money flows. If good money can be made in the USA, money will flow there.
        .
        .
        “Obama has been in office for only three years and that’s not a lot of time to impose “left wing policies” and as far as I can see, much of what his administration has done has been a continuance  of many of the Bush economic policies.”
        .
        His tenor is part of the problem, but it is also the things kicking around the back channels of his administration.
        .
        Several months ago, the Wall Street Journal published an artcle on a  paper circulating around the Labor Dept. There were many changes being proposed along with increased fines or fines with no caps on them. A CEO looks at this sort of thing and it becomes part of the equation in future plans. Polls done with business people of all show they have no trust in the man or his plans.
        .
        Obama’s administration is grinding out regulations and changes as fast as it can. Many of these changes do not make news but do have an economic impact. Sometimes the effects can be tailored, such as healthcare. Many larger companies welcomed healthcare not because it’s a swell idea, but because the bill could do damage to smaller competitors who do not have the capital to compete and provide such benefits.
        .
        An economy is a complex machine with many moving parts.

      • Anonymous

        “The lag in investment has nothing to do with Obama’s dark undertones as folks are investing and hiring—they just happen to be doing that overseas rather than here due to cost advantage and the never ending search for more profits.”.
        If a dollar investment brings more return or even the same return with less headache, that is where money flows. If good money can be made in the USA, money will flow there.
        .
        .
        “Obama has been in office for only three years and that’s not a lot of time to impose “left wing policies” and as far as I can see, much of what his administration has done has been a continuance  of many of the Bush economic policies.”
        .
        His tenor is part of the problem, but it is also the things kicking around the back channels of his administration.
        .
        Several months ago, the Wall Street Journal published an artcle on a  paper circulating around the Labor Dept. There were many changes being proposed along with increased fines or fines with no caps on them. A CEO looks at this sort of thing and it becomes part of the equation in future plans. Polls done with business people of all show they have no trust in the man or his plans.
        .
        Obama’s administration is grinding out regulations and changes as fast as it can. Many of these changes do not make news but do have an economic impact. Sometimes the effects can be tailored, such as healthcare. Many larger companies welcomed healthcare not because it’s a swell idea, but because the bill could do damage to smaller competitors who do not have the capital to compete and provide such benefits.
        .
        An economy is a complex machine with many moving parts.

        • http://theafricanamericanclarioncall.com Greg L

          >>>Several months ago, the Wall Street Journal published an artcle on a
           paper circulating around the Labor Dept. There were many changes being
          proposed along with increased fines or fines with no caps on them. A CEO
          looks at this sort of thing and it becomes part of the equation in
          future plans. Polls done with business people of all show they have no
          trust in the man or his plans.
          .
          Obama’s administration is
          grinding out regulations and changes as fast as it can. Many of these
          changes do not make news but do have an economic impact. Sometimes the
          effects can be tailored, such as healthcare. Many larger companies
          welcomed healthcare not because it’s a swell idea, but because the bill
          could do damage to smaller competitors who do not have the capital to
          compete and provide such benefits.<<<<

          One of the things that the extreme right have done is force a consensus far to the right of where it would be otherwise.  For the most part, there's been a regulatory "light touch" across the board particularly where big business is concerned.  Regulations, to the extent they exist or are expanded, often serve as barriers to entry to smaller businesses hence reducing or eliminating potential competition.  Basically, the strength of paid lobbyists and paid off politicians serves as a check on anyone who decides to "go off the farm" as they're certain not to get too far.  Basically, we saw this with healthcare which wound up being a decidedly non radical proposition ultimately notwithstanding all the moaning and threats of secession. 

          Basically I don't see an assault on business from the administration.  Perhaps you can cite some specific examples of this alleged assault by regulation.

          • Black Diaspora

            “Basically I don’t see an assault on business from the administration.”
            Now I see how we ended up where we are: When Bush was in office, and a Republican congress ran the show, people (primarily Republicans) took their eye off the hens in the coop, and allowed the wolves to range freely.

            Bush was free to do pretty much as he pleased (including raising the debt ceiling: During
            Bush Presidency, Current GOP Leaders Voted 19 Times To Increase Debt Limit By $4
            Trillion), but President Obama, well, he’s second-guessed, his every move analyzed, his motives questioned, and criticism (fair and unfair) have rained down incessantly, creating a deluge equal to the first.

    • Black Diaspora

      “Reagan came into office during a bad economic period. [Nothing like what we're now experiencing. Under Bush, jobs fell like flies under a DDT attack, and the economy required two injections, and several infusions of tax rebates.  One injection was administered under Bush called a "bail out," and under Obama called a "stimulus."] Like Obama, he set into motion changes [You betcha! Those changes were called tax increases, which Reagan did eleven times. Think of it! Eleven times. Oh, the horror! How fiscally non-conservative, if not irresponsible by today's Republican, Tea Party standards.] but he also believed in his core things [Oh, I know: small government, and never raise taxes. Because a thing constitutes a "core" doesn't make it right, or that it should be adhered to as some religious canon.] would be better because he knew if people were encouraged to do great things, they would (and they did) [Wow, that Great Communicator could change things just by "encouraging" people to do better and be better. In that case, why did Reagan raise those "damn taxes" on such a compliant populace?]. Obama is at best conflicted about improvement because in his heart he see’s everything as a class/race struggle. [Pure balderdash. Unsubstantiated. Unknown. Unknowable. I'm afraid that you've  been snookered by right-wing propaganda, and duped by your own gullibility.]

  • Black Diaspora

    “This is the sort of sleight of hand misappropriation of taxpayer money that never enters the public discourse, but those who are aware of it become frustrated and angry. It’s clear that there’s no one who is trying to defend the people:”Wasn’t it the role of the Tea Party cavalry to ride in and save the day? Instead of addressing the structural problems of our economy (and there are several), they have settled for econarmageddon–”We will not vote to increase the debt ceiling.” This hard-right intransigence of Tea Party Republicans is serving their benefactors, and their benefactors only–and not the American people. Do away with all those onerous regulations that Republicans claim are killing job creation, and cut taxes on corporations to the bone, and we’ll still find ourselves no better off than we are now. Ours is an old economy. It has ossified. This is what capitalism looks like in an economy such as ours, once it has run its course.This you’ll never hear from economists. They still believe that the application of some magical economic principle will turn it all around. It won’t. Corporations have moved on to the next youthful economy, one vibrant enough, and hungry enough to infuse new life into their ever-expanding, but doom to failure, economic model. What’s needed is a rethinking of the whole economy, a new model to replace the old one. A model that’s structured around a grander reality than heretofore considered or imagined. Without such, humankind may find itself as extinct as the Dodo bird, says Stephen Hawking:”Why does humanity’s future lie in outer space?Because ‘great dangers’ face the human race over the next two centuries, Hawking told delegates at a Big Think conference. With finite resources on earth and humankind’s ‘aggressive’ genetic instincts, our ‘only chance of longterm survival’ may be to ‘spread out into space.’”Read more here:http://theweek.com/article/index/205943/stephen-hawking-humans-will-go-extinct-without-space-travel

    • http://theafricanamericanclarioncall.com Greg L

      >>>Ours is an old economy. It has ossified. This is what capitalism looks
      like in an economy such as ours, once it has run its course.This you’ll
      never hear from economists. They still believe that the application of
      some magical economic principle will turn it all around. It won’t.
      Corporations have moved on to the next youthful economy, one vibrant
      enough, and hungry enough to infuse new life into their ever-expanding,
      but doom to failure, economic model. What’s needed is a rethinking of
      the whole economy, a new model to replace the old one<>Hawking told delegates at a Big Think conference. With finite resources
      on earth and humankind’s ‘aggressive’ genetic instincts, our ‘only
      chance of longterm survival’ may be to ‘spread out into space.<<

      Thanks for the article on Hawking.  Somehow I think that without a change in man's consciousness,  we'll just export the problems here to a colonial outpost elsewhere.  There's plenty on the planet if we could rid ourselves of destructive notions around forced economic scarcity.

    • Anonymous

      “What’s needed is a rethinking of the whole economy, a new model to replace the old one. A model that’s structured around a grander reality than heretofore considered or imagined.”.
      Been there and done that. The model was called the Soviet Union.
      .
      .
      “What’s needed is a rethinking of the whole economy, a new model to replace the old one. A model that’s structured around a grander reality than heretofore considered or imagined.”
      .
      Being done now, it’s called China or Cuba. Capitalism works, even the man with the free rice cookers Fidel Castro said so.

      • Black Diaspora

        “Been there and done that…Being done now….”
        Let me re-read my statement–perhaps I misspoke: Did I say “new,” or did I say debunked old models, that my statement would turn “aquietday” into a “aloudday”?

        After a re-reading, I’m certain that I said “new.” In addition, I said something really, really important, but it was ignored: We need a new model: “A model that’s structured around a grander reality than heretofore considered or imagined.”

        Unfortunately, capitalism works for a few, some of the time, and over a certain period of time–provided certain conditions are imposed upon it to keep it humane. The “unseen hand,” or “invisible hand,” as it’s sometimes called, fails to keep capitalistic excesses in check, creating more human misery than it alleviates–wars, civil unrest, crime, human exploitation, polluted environments, and huge disparities between the rich and everyone else.

        Wow, I’m prescient: this sounds a great deal like the nation in which I’m now living! 

        But we can’t blame capitalism for this, it’s those damn lazy folk who are at fault, the couch-potato crowd. Now if we could just get rid of them, practice a little eugenics, or genocide, and combine it with capitalism,  capitalism would solve all the world’s problems, and usher in a new age of prosperity, peace and happiness.

        Isn’t this the purported goal of the Illuminati, to drastically reduce the earth’s population using genocidal methods?

        Thanks to capitalism, this nation is only a stone throw away from a civil war. And thanks to “humankind’s ‘aggressive’ genetic instincts,” and the notion of “survival of the fittest,” which give capitalism its biggest impetus, that and “greed,” we’re now precariously perched on the precipice of self-annihilation.  
        Capitalism is doomed (as it was from the outset), because it draws its strength, validity, and purpose from what’s depraved in human nature, rather than what is noble. 

        Stephen Hawking has it right, as far as his light will allow him to interpret the human condition. In time, capitalism will be seen for what it is–an insatiable system, the appetite of which, if it’s to survive, must consume all that’s in its path–all resources, be they human (cheap labor), or material  (the vital ores of this planet).

        The problem with the capitalistic model is that once we’ve used up Earth’s resources, we must find another planet to rape. If it has “real aliens,” who haven’t climbed too high on the evolutionary ladder, we can exploit their labor, and continue there what we’ve come to expect here.

        My God, the possibilities are endless! As capitalism is the hope of this planet–just think, in our not too distant future–capitalism may become the hope of the known universe, as well. 

        • Anonymous

          “Capitalism is doomed (as it was from the outset), because it draws its strength, validity, and purpose from what’s depraved in human nature, rather than what is noble.”.
          Nobility has always been some fantasy, enabled by an economic system that gave a lot of people free time to indulge it. Pre 1700, life was a lot of drudgery and most lived on the preipice of perdition. There was no sitting around complaining you do not feel validated.
          .
          Suppose we decided to go tribal, to set the clock back to 1000 A.D.? What do we do with the extra people? No farming system before the 1800′s could support billions. Do you think people would want to give up their washing machines? Modern medical treatments?

          • Black Diaspora

            I referenced a “nobility” of human character, of “human nature.” Clearly, I spoke of an exalted character, and not “a  class of persons distinguished by high birth or rank.” 
            Why do you insist on misrepresenting my statements?

            A noble human nature can thrive in any environment, in the midst of “drudgery,” hardship, or calamity. Indeed, these things have been known to invoke these rarefied, exalted qualities, such as nobility.

            Further, Europeans were fond of the term Noble Savage, and elevated the concept as a standard for so-called “civilized man” to emulate.

            You reduced the argument, with your questions, to a reductio ad absurdum. Your questions do not address the flaws in capitalism as an economic system, with it emphasis on consumption, which will, inevitably, strip the planet of resources, necessitating a Stephen Hawing solution–spread out into the cosmos.

            Capitalism is unsustainable. Material resources on the planet are finite. Consumption at the pace with which capitalism drives it will, sooner than late, bring about the extinction of the human species.

            We all have a stake in the outcome. At the moment, perhaps your perception is clouded by the demands of the moment, which, oftentimes, preclude the taking of long-term views. One thing I’m sure of: It’s imperative to our physical survival that we do. 

          • Black Diaspora

            I referenced a “nobility” of human character, of “human nature.” Clearly, I spoke of an exalted character, and not “a  class of persons distinguished by high birth or rank.” 
            Why do you insist on misrepresenting my statements?

            A noble human nature can thrive in any environment, in the midst of “drudgery,” hardship, or calamity. Indeed, these things have been known to invoke these rarefied, exalted qualities, such as nobility.

            Further, Europeans were fond of the term Noble Savage, and elevated the concept as a standard for so-called “civilized man” to emulate.

            You reduced the argument, with your questions, to a reductio ad absurdum. Your questions do not address the flaws in capitalism as an economic system, with it emphasis on consumption, which will, inevitably, strip the planet of resources, necessitating a Stephen Hawing solution–spread out into the cosmos.

            Capitalism is unsustainable. Material resources on the planet are finite. Consumption at the pace with which capitalism drives it will, sooner than late, bring about the extinction of the human species.

            We all have a stake in the outcome. At the moment, perhaps your perception is clouded by the demands of the moment, which, oftentimes, preclude the taking of long-term views. One thing I’m sure of: It’s imperative to our physical survival that we do. 

    • Anonymous

      “What’s needed is a rethinking of the whole economy, a new model to replace the old one. A model that’s structured around a grander reality than heretofore considered or imagined.”.
      Been there and done that. The model was called the Soviet Union.
      .
      .
      “What’s needed is a rethinking of the whole economy, a new model to replace the old one. A model that’s structured around a grander reality than heretofore considered or imagined.”
      .
      Being done now, it’s called China or Cuba. Capitalism works, even the man with the free rice cookers Fidel Castro said so.

  • Black Diaspora

    Greg, please delete the previous post, if this one publishes better.
     . ”This is the sort of sleight of hand misappropriation of taxpayer money that never enters the public discourse, but those who are aware of it become frustrated and angry. It’s clear that there’s no one who is trying to defend the people:”.Wasn’t it the role of the Tea Party cavalry to ride in and save the day? Instead of addressing the structural problems of our economy (and there are several), they have settled for econarmageddon–”We will not vote to increase the debt ceiling.” This hard-right intransigence of Tea Party Republicans is serving their benefactors, and their benefactors only–and not the American people. .Do away with all those onerous regulations that Republicans claim are killing job creation, and cut taxes on corporations to the bone, and we’ll still find ourselves no better off than we are now. Ours is an old economy. It has ossified. This is what capitalism looks like in an economy such as ours, once it has run its course..This you’ll never hear from economists. They still believe that the application of some magical economic principle will turn it all around. It won’t. Corporations have moved on to the next youthful economy, one vibrant enough, and hungry enough to infuse new life into their ever-expanding, but doom to failure, economic model. .What’s needed is a rethinking of the whole economy, a new model to replace the old one. A model that’s structured around a grander reality than heretofore considered or imagined. Without such, humankind may find itself as extinct as the Dodo bird, says Stephen Hawking:.”Why does humanity’s future lie in outer space?Because “great dangers” face the human race over the next two centuries, Hawking told delegates at a Big Think conference. With finite resources on earth and humankind’s ‘aggressive’ genetic instincts, our ‘only chance of longterm survival’ may be to ‘spread out into space.’”.Read more here:http://theweek.com/article/index/205943/stephen-hawking-humans-will-go-extinct-without-space-travel.Wasn't it the role of the Tea Party cavalry to ride in and save the day? Instead of addressing the structural problems of our economy (and there are several), they have settled for econarmageddon–”We will not vote to increase the debt ceiling.” This hard-right intransigence of Tea Party Republicans is serving their benefactors, and their benefactors only–and not the American people. .Do away with all those onerous regulations that Republicans claim are killing job creation, and cut taxes on corporations to the bone, and we’ll still find ourselves no better off than we are now. Ours is an old economy. It has ossified. This is what capitalism looks like in an economy such as ours, once it has run its course..This you’ll never hear from economists. They still believe that the application of some magical economic principle will turn it all around. It won’t. Corporations have moved on to the next youthful economy, one vibrant enough, and hungry enough to infuse new life into their ever-expanding, but doom to failure, economic model. .What’s needed is a rethinking of the whole economy, a new model to replace the old one. A model that’s structured around a grander reality than heretofore considered or imagined. Without such, humankind may find itself as extinct as the Dodo bird, says Stephen Hawking:.”Why does humanity’s future lie in outer space?Because “great dangers” face the human race over the next two centuries, Hawking told delegates at a Big Think conference. With finite resources on earth and humankind’s ‘aggressive’ genetic instincts, our ‘only chance of longterm survival’ may be to ‘spread out into space.’”.Read more here:http://theweek.com/article/index/205943/stephen-hawking-humans-will-go-extinct-without-space-travel
     ”This is the sort of sleight of hand misappropriation of taxpayer money that never enters the public discourse, but those who are aware of it become frustrated and angry. It’s clear that there’s no one who is trying to defend the people:”.Wasn’t it the role of the Tea Party cavalry to ride in and save the day? Instead of addressing the structural problems of our economy (and there are several), they have settled for econarmageddon–”We will not vote to increase the debt ceiling.” This hard-right intransigence of Tea Party Republicans is serving their benefactors, and their benefactors only–and not the American people. .Do away with all those onerous regulations that Republicans claim are killing job creation, and cut taxes on corporations to the bone, and we’ll still find ourselves no better off than we are now. Ours is an old economy. It has ossified. This is what capitalism looks like in an economy such as ours, once it has run its course..This you’ll never hear from economists. They still believe that the application of some magical economic principle will turn it all around. It won’t. Corporations have moved on to the next youthful economy, one vibrant enough, and hungry enough to infuse new life into their ever-expanding, but doom to failure, economic model. .What’s needed is a rethinking of the whole economy, a new model to replace the old one. A model that’s structured around a grander reality than heretofore considered or imagined. Without such, humankind may find itself as extinct as the Dodo bird, says Stephen Hawking:.”Why does humanity’s future lie in outer space?Because “great dangers” face the human race over the next two centuries, Hawking told delegates at a Big Think conference. With finite resources on earth and humankind’s ‘aggressive’ genetic instincts, our ‘only chance of longterm survival’ may be to ‘spread out into space.’”.Read more here:http://theweek.com/article/index/205943/stephen-hawking-humans-will-go-extinct-without-space-travel.Wasn't it the role of the Tea Party cavalry to ride in and save the day? Instead of addressing the structural problems of our economy (and there are several), they have settled for econarmageddon–”We will not vote to increase the debt ceiling.” This hard-right intransigence of Tea Party Republicans is serving their benefactors, and their benefactors only–and not the American people. .Do away with all those onerous regulations that Republicans claim are killing job creation, and cut taxes on corporations to the bone, and we’ll still find ourselves no better off than we are now. Ours is an old economy. It has ossified. This is what capitalism looks like in an economy such as ours, once it has run its course..This you’ll never hear from economists. They still believe that the application of some magical economic principle will turn it all around. It won’t. Corporations have moved on to the next youthful economy, one vibrant enough, and hungry enough to infuse new life into their ever-expanding, but doom to failure, economic model. .What’s needed is a rethinking of the whole economy, a new model to replace the old one. A model that’s structured around a grander reality than heretofore considered or imagined. Without such, humankind may find itself as extinct as the Dodo bird, says Stephen Hawking:.”Why does humanity’s future lie in outer space?Because “great dangers” face the human race over the next two centuries, Hawking told delegates at a Big Think conference. With finite resources on earth and humankind’s ‘aggressive’ genetic instincts, our ‘only chance of longterm survival’ may be to ‘spread out into space.’”.Read more here:http://theweek.com/article/index/205943/stephen-hawking-humans-will-go-extinct-without-space-travel

    • Black Diaspora

      I failed twice. Oh, Well!

      • http://theafricanamericanclarioncall.com Greg L

        LOL!  I got you covered, but this isn’t your failing, but Disqus’.    I think the problem is they’ve not updated yet to full compatibility with the new wordpress updates.  There have been at least 4 or 5  wordpress updates since the last Disqus update.  You’ll notice that all these problems are rather “new” and I think that’s why.

  • Cameronisright

    Brezinski’s comments were designed to breed the very unrest he speaks about. He is a Globalist One World Order puppet and has been his entire life. The man is utterly shameless!

    • http://theafricanamericanclarioncall.com Greg L

      >>Brezinski's comments were designed to breed the very unrest he speaks about. He is a Globalist One World Order puppet and has been his entire life. The man is utterly shameless! <<

      No argument about that.  I totally agree on the point that he's a Globalist from jump, but there have been a number of studies on the correlation between economic displacement and civil strife. There's a strong relationship between the two and everyone from Brezinski to the IMF have been talking about this.  But I must admit that you present an angle that I hadn't considered.  Civil unrest could very well be an excuse for the sort of repression, suspension of civil liberties and control that the Globalists want.  I'm thinking here of the cell phone tower shutdown here recently in California by BART; an over reaching preemptive move that's certain to be imitated.

      ________________________________

  • http://www.jerseyfamilylawblog.com/what-do-structured-settlement-funding-companies-do cash out structured settlement

    U.S. taxpayers should acquaintance a tax expert, who is accustomed with the laws in both countries, and in advertisement this blazon of asset experience. Regulations and analysis of assets alfresco the United States is complex, not all tax adviser or annual accept the all-important ability or acquaintance to accord with adopted assets or in the accomplished omissions.

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