Tag Archives: FDR

Russia V the United States

Lend Lease Monument, Fairbanks, Alaska

What Putin doesn’t want to consider is that the Soviet Union didn’t defeat Nazi Germany. Like the United Kingdom, the Soviet Union withstood Nazi Germany. This was especially true at Stalingrad, where the Nazis AND the Soviets each lost about 1.0 million soldiers. Neither the Soviets nor the British might have withstood the Nazis without the US Lend Lease program, which provided food, trucks, and weapons to UK and USSR.

My father drove and maintained some of those Chevy trucks and Jeeps. He would think Putin is an idiot, a dangerous idiot, who apparently doesn’t really know or or understand 20th Century Russian history. But just like some in America don’t want to teach American history, teaching instead some sanitized pablum, it seems that they didn’t teach Russian history in Soviet schools.

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How to Fix Medicare, Medicaid, and Social Security

FDR in 1933
President Roosevelt created the Social Security Administration in 1935.

Pres. Johnson
President Johnson created Medicare in 1965.

President Obama
President Obama passed the Affordable Care Act in 2010.

People say “Medicare and Social Security are broken. They need to be fixed.” Some say they should be eliminated, or turned into voucher programs. What are the facts? What does “Broken” mean, in the context of Medicare and Social Security?

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So What If We Default?

Tweet Follow LJF97 on Twitter   Be careful what you wish for. You just might get it.

Hong Lei, spokesman for foreign affairs of China

Chinese Spokesman for Foreign Affairs

If, on August 2, 2011, the United States defaults on various debt obligations, then historians may well consider that date as the date on which the United States of America ceases to occupy the position it has held since the end of World War II.  However, August 2, 2011, may be the end of the beginning. If so, it will mark a point of inflection in a curve that maps processes that has been in motion for a long time. The trends in personal debt, bankruptcy, home foreclosures, unemployment, and the disparity of income and assets between the wealthiest 10% of the population and the other 90% have developed over years.

July 14, 2011, Bastille Day in France, may be considered to mark the coming of age of the successor to the United States as the superpower of the 21st Century, and that would be China.  In “China Urges U.S. to Protect Creditors by Raising Debt,” Bettina Wassener in Hong Kong and Matthew Saltmarsh in Paris report in the New York Times, that “Hong Lei, a Chinese foreign affairs spokesman, urged the United States to protect the interests of foreign investors.” As one of the United States’s biggest creditors, China, which holds over $1.0 Trillion in US Treasury bills, “urged American policy makers on Thursday to act to protect investors’ interests, highlighting rising concerns around the globe about the protracted budget talks taking place in Washington.”

These mark gradual processes of waxing and waning of cultures and economies. These did not happen overnight. It did not happen with the election and inauguration of Barack Obama as 44th President of the United States, as spokespeople of the Tea-Republican Party, and News Corp (some of whom are in both) may assert. Nor did it happen in 2000 with the Presidential Election, the Supreme Court decision which decided the election, and the subsequent inauguration of George W. Bush as the 43rd President.

The development of the US as a superpower at the end of World War II was facilitated by the election of Franklin Delano Roosevelt to the office of President in 1932, and his reelections in ’36, ’40, and ’44.  However, it was less President Roosevelt himself than the progressive economic policies of the New Deal that he put in place.  Similarly the descent from superpower status and the crumbling of American infrastructure have been slow processes. Perhaps it began with the conflation of news and entertainment and the elimination of the Fairness Doctrine in 1987 under President Reagan.

In order, therefore, for the United States to continue to be a superpower, we need to return to the progressive economic policies that build infrastructure and finance infrastructure projects by taxes, rather than by mortgaging our children’s futures to potentially unfriendly foreign powers such as Communist China.

The wisest, but least easy course would be to allow the Bush tax cuts to expire and increase taxes. Everyone should pay their fair share.

Finally,

If we increase the debt ceiling, will China continue to buy U.S. Treasury Bills?

China holds over $1 trillion of US Treasury Bills, about 7.5% of our debt.  Is that in our national interest?

Health Care for all Americans

President Obama, 2010

President Obama

President Obama thinks that every American should have access to health care. Judge Henry E. Hudson in Virginia, however, ruled that compelling people to buy health insurance is unconstitutional. (NY Times, New York Magazine, CNN)

President Obama is obviously correct. President Bush and Senator McCain might actually agree. Pres. ush, who appointed Judge Hudson to the Federal District Court, said in Cleveland, Ohio, July, 10, 2007, (1, 2), “People have access to health care in America. After all, you just go to an emergency room.” Sen. McCain repeated this during his 2008 campaign for the Presidency (click here). While this implies a form of universal health care, Pres. Bush and Sen. McCain, miss the nuance that emergency rooms are not primary care facilities (click here). Emergency rooms are designed for EMERGENCIES. They are not equipped to handle primary care (click here).  (This is a ‘nuance’ big enough for an aircraft carrier to sail thru.)

Judge Hudson, however, may have a point. While it’s one thing to mandate that everyone have access to health care, it’s another to mandate that everyone patronize a set of investor owned or privately held enterprises.  It’s like saying that every child must go to school, and must also go to a private school.

But if both Pres. Obama and Judge Hudson are right, is there a common ground?

Let’s look first at the uninsured. Continue reading →

Reagan's Beliefs, America's Folly

Michael Douglas as Gordon Gekko

Michael Douglas as Gordon Gekko in the film "Wall St."

Cynicism is fashionable.  But Gordon Gekko Was Wrong! Greed is Not Good!

Presidents, whether Republican or Democratic, always speak about Service, and when talking about wars,  they speak of Sacrifice, and The Ultimate Sacrifice.  Many approach their role from that perspective as well. George H. W. Bush, for example, approached politics from the traditional Conservative perspective of service. He also tried to spur volunteerism – the 1000 points of light.

But Reagan believed in Hoover’s fallacy, in the rugged individualist riding off into the sunset.  What he didn’t understand is that those iconoclastic rugged individualists ride horses descended from wild beasts tamed thousands of years ago. Their horseshoes are made by blacksmiths. Their guns are made in factories. Their boots, clothes, and other gear are made in other workshops or factories. These rugged individualist, giants as they might be, stand on the shoulders of others.

You don’t teach kids to swim by pushing them off a pier. They don’t  need flotation devices in 15 cm of water, either. What they need is someone to show them how, in waist deep water, and to say, “This is how it’s done. Why don’t you try? And don’t worry, I’ll make sure you don’t drown.”

The code of the Good Samaritan was simple: “Help when help is needed.”

Indeed, this is the common thread of 3000 years of human moral thinking, beginning with Abraham, Moses and Jesus in the West; Confucius and the Budda in the East. Continue reading →