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Wait a Minute–Who’s Fascist?

Wait a Minute–Who’s Fascist?

The core belief of the Establishment is the central state should run everything.

If you’re an Establishment insider, the mainstream media will give you plenty of column inches and airtime to label Donald Trump a “dangerous” fascist: for example, Democratic insider Robert Reich’s fear-mongering frenzy Donald Trump is a 21st century American fascist, in which Reich conveniently overlooks constitutional limits on any president, “fascist” or not.

In effect, Reich is announcing the Constitution is dead and powerless to limit the President. Well, if that’s the problem, then why not attack the real problem, which is the Imperial Presidency? Why not? Reich served an Imperial President as a loyal lackey, that’s why–and he remains an energetic supporter of the central state and its bread-and-circuses institutionalized serfdom.

If you’re an Establishment insider, you’ll get ample opportunities in the corporate media to label Bernie Sanders a “dangerous” socialist. You don’t even have to be a member of the “vast right-wing conspiracy” (a staple of the Clintons’ attack strategy)–any insider can get airtime to label Sanders as “dangerous”–either because he’s socialist, or because he’s not radical enough. Any attack will do, and you’ll get plenty of opportunity to flesh out any attack, no matter how biased or nonsensical.

It is of course classic Orwellian Doublespeak to label any threat to one’s power “fascist,” and to laud one’s corrupt and venal allies as “freedom fighters,” but the Establishment’s panicked reliance on accusations of fascism is new and yes, dangerous. So let’s step back and ask–precisely who’s the fascist here?

It turns out that the definition of fascism widely attributed to Mussolini– “Fascism should more properly be called corporatism because it is the merger of state and corporate power”–has no provenance: researchers cannot find this quote in any original source material.

…click on the above link to read the rest of the article…

Limits of Liberal War Opposition

Limits of Liberal War Opposition

When such a commentator notices the problem of war, it’s worth paying attention to exactly how far they’re willing to go. Of course, they’ll object to the financial cost of a potential war, while continuing to ignore the ten-times-greater cost of routine military spending. But where else does their rare war opposition fall short?

Well, here, to begin with: Reich’s new post begins thus: “We appear to be moving ever closer toward a world war against the Islamic State.” That helpless fatalism doesn’t show up in his other commentary. We’re not doomed to plutocracy, poverty, or corporate trade. But we’re doomed to war. It’s coming upon us like the weather, and we’ll need to handle it as well as we can. And it will be a “world” affair even if it’s principally the 4% of humanity in the United States with a military engaged in it.

“No sane person welcomes war,” says Reich. “Yet if we do go to war against ISIS we must keep a watchful eye on 5 things.” Nobody, inlcuding Reich as far as I know, ever says this about plutocracy, fascism, slavery, child abuse, rape, de-unionization. Imagine reading this: “No sane person welcomes massive gun violence and school shootings, yet if we’re going to let all these children die for the gun makers’ profits we must keep a watchful eye on 5 things.” Who would say that? What could the 5 things possibly be?

…click on the above link to read the rest of the article…

Hillary, Bernie, and the Banks

Hillary, Bernie, and the Banks

Giant Wall Street banks continue to threaten the wellbeing of millions of Americans, but what to do?

Bernie Sanders says break them up and resurrect the Glass-Steagall Act that once separated investment from commercial banking.

Hillary Clinton says charge them a bit more and oversee them more carefully.

Most Republicans say don’t worry.

Clearly, there’s reason to worry. Back in 2000, before they almost ruined the economy and had to be bailed out, the five biggest banks on Wall Street held 25 percent of the nation’s banking assets. Now they hold more than 45 percent.

Their huge size fuels further growth because they’ll be bailed out if they get into trouble again.

This hidden federal guarantee against failure is estimated be worth over $80 billion a year to the big banks. In effect, it’s a subsidy from the rest of us to the bankers.

And they’ll almost certainly get into trouble again if nothing dramatic is done to stop them. Consider their behavior since they were bailed out.

In 2012 JPMorgan Chase, the largest bank on Street, lost $6.2 billion betting on credit default swaps tied to corporate debt – and then publicly lied about the losses. It later came out that the bank paid illegal bribes to get the business in the first place.

Last May the Justice Department announced a settlement of the biggest criminal price-fixing conspiracy in modern history, in which the biggest banks manipulated the $5.3 trillion-a-day currency market in a “brazen display of collusion,” according toAttorney General Loretta Lynch.

Wall Street is on the road to another crisis.

This would take a huge toll. Although the banks have repaid the billions we lent them in 2008, many Americans are still living with the collateral damage from what occurred – lost jobs, savings, and homes.

But rather than prevent this by breaking up the big banks and resurrecting Glass-Steagall, Hillary Clinton is taking a more cautious approach.

…click on the above link to read the rest of the article…

Why Big Tech May Be Getting Too Big

Why Big Tech May Be Getting Too Big

Conservatives and liberals interminably debate the merits of “the free market” versus “the government.” Which one you trust more delineates the main ideological divide in America.

In reality, they aren’t two separate things and there can’t be a market without government. Legislators, agency heads and judges decide the rules of the game. And, over time, they change the rules.

The important question, too rarely discussed, is who has the most influence over these decisions and in that way wins the game.

Two centuries ago slaves were among the nation’s most valuable assets, and a century ago, perhaps the most valuable asset was land. Then came another shift as factories, machines, railroads and oil transformed America. By the 1920s most Americans were employees, and the most contested property issue was their freedom to organize into unions.

In more recent years, information and ideas have become the most valuable forms of property. This property can’t be concretely weighed or measured, and most of the cost of producing it goes into discovering it or making the first copy. After that, the additional production cost is often zero.

Such “intellectual property” is the key building block of the new economy. Without government decisions over what it is, and who can own it and on what terms, the new economy could not exist.

But as has happened before with other forms of property, the most politically influential owners of the new property are doing their utmost to increase their profits by creating monopolies that must eventually be broken up.

The most valuable intellectual property are platforms so widely used that everyone else has to use them, too. Think of standard operating systems like Microsoft’s Windows or Google’s Android; Google’s search engine; Amazon’s shopping system; and Facebooks’ communication network.

…click on the above link to read the rest of the article…

Olduvai IV: Courage
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Olduvai II: Exodus
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