Tag Archives: Economic Democracy

Dare to Be Great, President Obama

US Presidential Inauguration

Close to One Million people were in Washington to celebrate President Obama’s second inauguration. As Rachel Maddow commented on her show, you can catch a glimpse of the character of the man in his unscripted moments. She showed footage of Barack the man, with Michelle and their children. Maddow also showed that on the occasion of his Second Inauguration, President Obama turned, as people walked past him, to regard the crowd, estimated on The Hill, to over 1,000,000 people, and said “I’ll never see this again.”

But we can also infer the character of the man from his speeches. He said “We” 65 times. He said “I” four times, including the phrase “you and I” twice.

Obama’s greatest accomplishments for his first term, according to an NBC Poll:

  1. Ending the War in Iraq
  2. Killing Osama bin Laden
  3. Raising taxes on the wealthiest while not raising taxes on everyone else.

I would add passing the Affordable Care Act, aka ObamaCare and thwarting the Republican efforts in the House and Senate to be a One Term President.

Continue reading →

Occupy Wall Street – Why are They There?

_Follow LJF97 on Twitter Tweet  Sometimes the “Invisible Hand” shoots itself in its “Invisible Foot.”

I’m here and most of us are here because we see dramatic inequities in the system.  We play by the rules.  The banksters are playing Three Card Monte and we are captive players – marks – in the game. They’ve marked the cards and stacked the deck. Bank of America, for example, took $45 Billion in TARP money and then started charging $5.00 dollars a month to depositors who hold a debit card. The bank borrows money for which it pays next to nothing. The bank charges usurious fees to customers who borrow money using credit cards, and it charges depositors absurd fees to access their funds on deposit in the bank.

This is one issue. Other issues include taxes, access to health care, education, jobs, and energy. All have to do with our nature as economic actors within the larger communities of the nation and the world. The question we are trying to answer, with a resounding “YES!” is “Should we live in an economic democracy?”

Continue reading →