Jude's Threshold

A Tapestry Blog of Astrology, Politics, Art, and Social Concerns

Posts Tagged ‘trickle down economics

Bad economy imperils Bush Library – awww!

Apparently George Bush’s retirement isn’t so laid-back after all.

The sorry economy is causing fundraising for the Bush Library to slow down to a trickle, and Bush, his dad, and former aides such as Karl Rove, are making phone calls personally on behalf of the Library’s overly optimistic $500-million goal.

Seems the  ‘trickle down economics’ concept isn’t doing the trick due to excessive trickling, so with the deadline for construction is 2013,  he’d better get cracking  because his handling of the economy for 8 years – aka, spendthrift ways – are catching up with his legacy of extravagance and over-optimism:

http://www.usnews.com/blogs/washington-whispers/2009/02/14/george-w-bush-is-fundraising-personally-for-his-library.html

Or perhaps this article by Paul Bedard provides sparse cover and excuse for the fact that no one gives a flying crap where Bush puts his book of revisionist history!

Please take a moment to answer this poll:

Feb 18 Update: results are leaning toward the ‘Hades freezes over’ direction…83%. Record your vote now! jc

Freddie, Fannie, and Jesse: cozy?

For your consideration, here’s an article with details on the interesting longterm relationship between Freddie Mac, Fannie Mae, and Rev. Jesse Jackson:

http://www.cnsnews.com/public/content/article.aspx?RsrcID=32803

~:~note: added in the ‘Financial/Markets’ category in my sidebar column is a link to a discussion explaining Trickle Down economics, fyi.

Written by Jude Cowell

August 10, 2008 at 7:38 pm

Monetary Control Act of 1980

This concerns the law which Congress, in their finite wisdom, repealed in 1980 which paved the way for today’s financial messes in which America is quagmired, signed by Jimmy Carter with a sweep of his presidential pen.

http://www.bos.frb.org/about/pubs/deposito.pdf

For decades the financial industry lobbied (whined) to be set free from those pesky, old fashioned banking and accounting rules promising a bigger, better economy. All boats would be raised, they promised.

The fantasy was packaged, touted and sold and now pouf! the only thing left 2008 are homeless, economically ruined Americans and a power elite sitting on more billions than the average fraudster can imagine in his wildest dreams.

Usury interest rates were allowed to roam the land at will while some members of Congress remained wilfully ignorant and a few were duped or too weak-willed to utter a peep against “the new, improved system” that was to raise all boats.

Trickle down, voodoo, and all that Reagan jazz was practically worshipped by elephants and donkeys alike as the financial hourglass tipped ever more toward the wealthy.

So pipers must always be paid, and the taxpayer is to ‘bail out’ some of the very culprits who participated and not only should’ve known better – I assert that they Did know at the highest levels. Their underlings may have succumbed to the panacea of a benumbed conscience, but the bosses knew disaster was ahoof, and we see where things have led.

If you’re like me, you know that America’s universities are as much to blame as the elite who donate and endow mega-monies to them – and our schools seem to turn out the kind of graduate the business world wants to hire. Palm-greasing 401 must be one of the more popular courses for all sophomores.

So! Can what’s wrong with America be fixed by what’s right with America?

My limited view is that the consensus opinion of her people would lead to an improvement in the integrity department, financially and otherwise.

Now if we-the-people can just keep the White House clear of the NEXT sidewinder who promises to ‘bring integrity back’ then we’ll be able to retain the real stuff and let the crooks find their true level in society as they ponder what the meaning of integrity is.

(Apparently Yale and Harvard only taught them how to avoid such an antiquated notion.)

And yet there’s hope for them, we know, because there’s a whopper of a minimum wage increase on the horizon so I can’t imagine why the sorry cusses couldn’t live simply on that while returning to school to get their Burger Flipping degrees. 

Yes, burger flipping would be a generous fate for those who care not a copper penny for you or me – and they’ve even absconded with the extra copper from our pennies and soon intend to scoop them up entirely! After all – discontinuing the US penny and calling them in would hurt the little guy most and we already know how the elite decisionmakers ‘feel’ about that inconsequentiality.

Midas: 8 Gemini

These days gold-hoarding Midas hangs out around 8 Gemini so I’m looking at Dane Rudhyar’s Sabian Symbol book, ‘An Astrological Mandala’ for details on our “Second Gilded Age” of Robber Baron Midasses, the obscenely wealthy class which has imposed upon those underneath them on the golden ladder of life the income inequality in America which now widens to Soup Line dimensions.

PBS’s ‘Bill Moyers’ Journal’ yesterday addressed these issues and called it an idee fixe  which the power elite cling to so tightly (tightwads) concerning the ‘free’ market system which they can’t seem to think their way out of.

Why should they when their amassing of wealth stokes a rosy illusion of liberation from the collective masses–a heady motive for imagining themselves above the rabble!

Wasn’t it Einstein who said you can’t think your way out of a problem with the same thinking that created the problem? But these greedy, power hungry culprits don’t want a way out and they prefer the rest of us simmering in the cauldron, thanks. And dissolving of boundaries–economic, national, social–is part of their much-touted one-world government intrigues where their dreams of world domination thrive.

Barack Obama’s mentions of America’s ongoing class warfare don’t make it happen–the power elite do, then they cringe when someone points it out! As well they should. For glorified ‘brethren’ they sure don’t care at all for their fellow man.

Yet Some People the world over are trying to better their positions bwo labor unions…

‘ “8Gem”…”Aroused Strikers Surround A Factory”…keynote: The disruptive power of the ambitious mind upon the organic wholeness of human relationship.

The first stage dealt with oil (‘6Gem’: “Workmen Drilling for Oil”…keynote: The avidity for knowledge which ensures wealth and power…AMBITION.) Now we see in this new symbol a pictorial indication of what the use of this intellect-generated energy inevitably leads to: industrial unrest and violence.

As man manages to rape the earth in order to demonstrate his power and intensify his pleasures and his sense of proud mastery, conflicts and disruptive processes are inevitably initiated. The type of power generated by the analytical intellectual faculties is essentially disruptive; it is based on the destruction of matter, and invites egocentric hoarding and spoliation–and, in general, privileges of one kind or another.

This leads to a REVOLT AGAINST PRIVILEGES.’ #

Old King Midas’ egocentric hoarding will get the best of him one day–if not on this earth, then on the coming New and Improved version because threading a needle with a rich camel will be an impossibility in the sweet bye’n’bye!

~:~ note: you may wish to see my Pages list for the Reaganomics Eclipse if you’ve hithertofore missed the trickle down nonsense. ‘Trickle down’/voodoo economics only works when the corporate elite plow some of their billion-dollar breaks from the US taxpayers BACK into the economy they skimmed it from.

Instead, recent years have brought downsizing, outsourcing, and the continued selling out of America along with apt Capitol Hill enabling…we see their NWO plans in action similar to Hitler’s amassing of wealth in the 30s–and the economic hourglass tilts again in the elite’s favor toward totalitarian imperialism. #

 

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