New domain name and comment catchup
Angry Bear has just switched from its blogspot address to its own domain name of http://angrybearblog.strategydemo.com (Angry bear blog)
JS-Kit has also just been changed to the new domain name but will take a little bit of time to make the transfer on its servers.
I figured few will be visiting soon to read comments on old posts. They will merge…leave new ones now. Why the top bar is now misbehaving a little is beyond me and Peyton Manning for now. See you after the party….enjoy wherever you are or whatever you are doing.
Strangely the top bar is actually working for me in a way that it wasn’t working before. I don’t know what kind of misbehavior you are seeing but on Safari it works better than previously.
Ah the mysteries of browser world.
A Second Modest Proposal: A very needed IRDC US Political Party
The IRDC Super Party:
The Independent Republican Democrat Centrist (Super) Party
The global monetary-banking-financial system that forms the basis for possibilities of reasonably fair and socially beneficial economic growth and distribution of wealth is … simply … broken.
The self designated defacto fixers of that broken system are in fact both the principal causal elements of the broken system and the current members and disproportionally great beneficiaries of the broken system.
With the monetary and financial system’s old failed and bad rules maintained and enforced by its principal beneficiaries, US ciizens are entrapped in a broken system that will never be fixed.
There will only be more disproportional rewards for the real or at best de facto owners of the broken system: the self acknowledged too big to fail members of the financial industry.
Kindly consider this. The rewards and benefits of the members of the financial cartel are in reality much greater than the often quoted nominal 2009 over 2007 gains. That 2009 purchasing power of the cartel’s members’ earnings is denominated in surviving dollars in an environment of a 20 percent reduction in US citizen net household wealth over the last 30 months and a 5-6 percent increase in unemployment that reduces the demand side cost of wages. Real estate can now be purchased for both 15 percent less and with lower interest rates.
The leveraged damage done to US citizens are relatively greater than other world citizens and their fiat currencies… which qualitatively answers the question regarding a rising dollar relative to other fiat currencies.
Those 2009 dollars earned, but for congressional intervention and tax-payer re bankrolling, by a bankrupted financial industry, can now buy 20 percent more than in 2007 more and likely 30-40 percent more later in 2010.
The Financial Industry members have made out like the bandits they are.
Cicero from the dust after two millennia : Res ipse loquitor…. and Quis custodiet ipsos custodes?
What would be a sine qua non metric target for a successful stable fair real economy? One possibility would be a working citizen benefited monetary financial system where, for example, graduates going into an engineering careers or teaching careers earn more than graduates going into the financial industry.
With the owners of the monetary system firmly in control of congress, is there any possible hope for remedy?
Perhaps it is time for the establishment of a coalition super party – the IRDC party.
The IRDC party, the Independent Republican Democrat Centrist party (the C could also represent Constitutionalists) likely already includes the philosophical, if not the I want to be re-elected – majority of US congress people.
The Centrist IRDC platform might be very simple: create a fair economic system that values hard work and economic creation of useful real goods and services and conversely implements effective new rules which restricts private citizen or corporate wealth creation from manipulation of the monetary system.
Politicians could run either as an IRDC candidate, an independent, a republican, or a democrat supporting the centrist principal platform of restoring real fairness and worth to the economic system. After successful election republicans, democrats and independents who ran on their respective republican, democrat, and independent tickets and who supported the IRDC platform could then join a majority IRDC caucus and be a member of a majority party entitled to chairmanship of key committees.
Think about it. The IRDC Party – a great reckoning for Wall Street and the Wall Street run world.
The establishment of a coalition centrist/constitutional majority offers the chance to begin anew with new rules and underlying new principles to engender fairness and a rationale allocation of wealth for the 21st century. Perhaps, the US and its grandchildren, and the world and its grandchildren will have a chance at a real Adam Smith based economy.