That's another good one..."Make America Greedy Again" - although I think we already were, as you pointed out. The Dust Bowl is the direct result of "greed". It would never have happened if farmers didn't get greedy. My mother, who is a daughter of a cattle farmer, often will rant about how much money the Federal Government is giving to corporate farms - a rant passed down to her by her father who lived through the Depression and Dust Bowl.
Because of the Great Depression - various social programs got put in place along with regulations, which the Nixon, Carter, Regan, Bush, Clinton, Bush, etc have slowly rolled back. Carter deregulated business - so that consumer interests were met, and workers needs were diminished, paving the way for the Mergers/Acquisitions and vast layoffs that came about via the Regan and Bush administrations. My brother ranted about that on a recent visit. Carter to be fair - was attempting to fight back inflation.
Regan made it worse with the deregulation of business, and weakening of the anti-trust act. Because of Regan, I've jumped companies about 10 times and so has everyone in my generation and the one immediately after me. Carter and Regan combined made job security a thing of the past.
Basically our mistake goes all the way back to Alexander Hamiliton - where we gave far too much power to the Executive Branch. That's something I predict Congress will change in the coming years.
But, yeah - I was reading an article in the NY Times briefing this morning about the Roberts Supreme Court - which basically stated that the pattern emerging is that the court is liberal leaning on social issues, but very conservative on fiscal or financial one - leaning towards corporations.
"With rare exceptions, the justices have restricted the government’s ability to regulate corporate America. And there was another example yesterday, when the court gave Trump more authority to neutralize the Consumer Financial Protection Bureau, an Obama administration creation. The decision was 5 to 4, with the five Republican-appointed justices all on one side and the Democratic appointees on the other.
Similar decisions in the past have overturned campaign-finance law, blocked action on climate change, restricted labor-union activities, reduced workers’ ability to sue their employers and more. As The Times’s Adam Liptak has written, the Roberts court’s rulings have been “far friendlier to business than those of any court since at least World War II.”
These decisions have been part of a larger trend, too. Government policy over the past half-century has generally given more power to corporate executives and less power to their workers. That’s one reason incomes for the affluent have risen so much faster than they have for any other income group.
Whatever you think of the Roberts court, I’d encourage you not to treat it with one broad brush. On some major social issues, it has been moderate or even liberal. On economic issues, the story is very different. Yesterday’s two decisions captured the contrast.
More on the history: “For the past half-century, the court has been drawing up plans for a more economically unequal nation, and that is the America that is now being built,” the journalist Adam Cohen writes in his recent book, “Supreme Inequality.”"
My take on all of this - is that we'll probably have an economic cash either this November or by early next year. And our country may well implode. There's a lot of anger out there. And it's getting worse.
no subject
Because of the Great Depression - various social programs got put in place along with regulations, which the Nixon, Carter, Regan, Bush, Clinton, Bush, etc have slowly rolled back. Carter deregulated business - so that consumer interests were met, and workers needs were diminished, paving the way for the Mergers/Acquisitions and vast layoffs that came about via the Regan and Bush administrations. My brother ranted about that on a recent visit. Carter to be fair - was attempting to fight back inflation.
Regan made it worse with the deregulation of business, and weakening of the anti-trust act. Because of Regan, I've jumped companies about 10 times and so has everyone in my generation and the one immediately after me. Carter and Regan combined made job security a thing of the past.
Basically our mistake goes all the way back to Alexander Hamiliton - where we gave far too much power to the Executive Branch. That's something I predict Congress will change in the coming years.
But, yeah - I was reading an article in the NY Times briefing this morning about the Roberts Supreme Court - which basically stated that the pattern emerging is that the court is liberal leaning on social issues, but very conservative on fiscal or financial one - leaning towards corporations.
"With rare exceptions, the justices have restricted the government’s ability to regulate corporate America. And there was another example yesterday, when the court gave Trump more authority to neutralize the Consumer Financial Protection Bureau, an Obama administration creation. The decision was 5 to 4, with the five Republican-appointed justices all on one side and the Democratic appointees on the other.
Similar decisions in the past have overturned campaign-finance law, blocked action on climate change, restricted labor-union activities, reduced workers’ ability to sue their employers and more. As The Times’s Adam Liptak has written, the Roberts court’s rulings have been “far friendlier to business than those of any court since at least World War II.”
These decisions have been part of a larger trend, too. Government policy over the past half-century has generally given more power to corporate executives and less power to their workers. That’s one reason incomes for the affluent have risen so much faster than they have for any other income group.
Whatever you think of the Roberts court, I’d encourage you not to treat it with one broad brush. On some major social issues, it has been moderate or even liberal. On economic issues, the story is very different. Yesterday’s two decisions captured the contrast.
More on the history: “For the past half-century, the court has been drawing up plans for a more economically unequal nation, and that is the America that is now being built,” the journalist Adam Cohen writes in his recent book, “Supreme Inequality.”"
My take on all of this - is that we'll probably have an economic cash either this November or by early next year. And our country may well implode. There's a lot of anger out there. And it's getting worse.