FOUR OR FIVE DOLLAR GAS

TIME (2008) 7/23

FOX/ 35

We have to bail out Fannie and Freddie even though they are private corporations. What do they do? When a bank lends you money on a mortgage, they are likely to turn it

around and sell it to Fannie or Freddie so they have more cash on hand.. At any rate the bail out keeps the mortgage business a float but we have a long way to go. FOX the curious capitalist wonders if this is socialism for the big. Heads they win and tails they win.

THRONBAUGH

36-39

THE LIBERTARIAN party is stronger than ever and it appears that Bob Barr will be the presidential candidate. The problem is trying to get the gun people together with the peace people. Simply they wanted as little government intrusion as possible and John McCain is not for them. IF they can get together, watch out. The southwest can return to the old west.

TIME (2008) JULY 14TH/

RIPLEY 38-39/

10 THINGS THAT ARE GOOD ABOUT $4 DOLLAR GAS!

Okay, it is hard to believe, but TIME has actually found 10 thing s that make 4or 5 dollar a gallon gas a good deal.

GLOBALIZED JOBS COULD RETURN HOME!
SPRAWL IN THE SUBURBS STALLS.
4 DAY WORK WEEK.
LESS POLLUTION.
MORE FRUGALITY.
FEWER TRAFFIC DEATHS.
CHEAPER INSURANCE.
LESS TRAFFIC.
MORE POLICE ON THE BEAT.
LESS OBESITY.

BUSINESS WEEK (2008) JULY 14, & 21

19/ MAXIMUM WAGE

When you look at the CEO’s of the top Fortune 500 the difference between those CEO’s and the average worker is about 450 times. How about just ordinary CEO’ and professional workers, what is the comparison? They make 77 times that of the median worker. Source comes from the Economic Policy Institute. Back…way back in 1979 before Laffer/Reagonomic it was about 25% LESS. So it was about 47 times. You go back to the 50’s and it was half of that in terms of difference.

34/ There is trouble in MBA land. About 6,000 MBA’S SIGNED up at a site to get the questions for their certification and finalization of their degree. And? Well those 6,000

have been exposed in a federal law enforcement scheme. So they may have their degrees and cushy job rescinded.

NEWSWEEK (2008) JULY 21ST

MORE ABOUT THE COST OF GAS.

We are now reaching the height of gasoline as in adjusted dollars 1980. If we go up to $200.00 a barrel, gas will surpass food. So gas goes up 53% more, motels are 5% less,

First class postage goes up 3 cents. Hybrid vehicles up 40% and Hummers off 13%.Clothes and corn go up to.

THE NEW REPUBLIC (2008) JULY 30

THE NEW, NEW LEFT

THE SHOCK DOCTRINE: THE RISE OF DISASTER CAPITALISM

Naomi Klein is the latest Politically Correct academic to come in from the cold. She has redefined the New Left as the New, New Left that still believes that income inequality is just as important as other Left wing issues or more so.. Unfortunately, she according to the reviewer

Jonathan Chait is a not a very good historian. In the pursuit of making a monocausal Marxist interpretation of the 60’s to date, she overlooks or misinterprets a number of events. However, what makes her somewhat new is the use of disasters. Most folks if they truly understood laissez fair economics would reject it like the neo-conservatives.

So a fog erupts and in the middle of a disaster, raw capitalism of the worst kind is introduced. From there, the right moves to flush capital up from the working poor and the middle class.

However, along the way, she misses the marks on details. However, she writes convincingly even when she is up the wrong trail. A Left wing that makes sense to the person on the street is a government that regulates when necessary, has some public holdings in the area of utilities and national lands, and the income between the top and the worker is about like it was in the 1950’s. Call it social democratic socialism and go look up the constitution of the Socialist party in Canada. Now, that is not very exciting is it?

Klein becomes a conspiracy theorist too. So there is mystery and outrage. It is on the

NEW YORK TIMES BEST SELLER.

The book would be an excellent one if she cleared up the mistakes, reintroduced economic inequality, and championed the parliamentary multi-party system with civil liberties.

Most non-conservatives know what has been happening in a very vague way and some day, they will hear a Democrat in the states go back to the issue of economics. However, that may be a long time.

U.S NEWS & WORLD REPORT (2008) JULY 21,

WALSH/ 24

When Reagan and Clinton left office, their ratings were still high. Bush’s ratings is in the

High 20’s. John McCain runs with him and then runs away from him. Bush no longer has any support. However, he may be considered a great president like Truman in 50 years. I sure do remember how unpopular Truman was. Bush could change to some of the circumstances that he faces, but takes pride in not being changeable.