The blog of a North Country Swede!

Friday, July 16, 2010

Obama, Bernake, Geithner & Summers are foxes in our hen house

The drama surrounding the opposition of the Geithner set to the possible nomination of Elizabeth Warren to head the Consumer Financial Protection Bureau reeks of a foxes in the hen house plot. Warren would expose the bankster duplicity of the Obama team aka the gang who can't tell it straight. I would say this is unbelievable but after a year and a half of the Obama administration it is all too believable.

We are becoming a fascist state.

Q: When does greed blind us to fairness?
A: Whenever it rears its ugly head.

Greed is defined by selfishness, an opposing motivation to fairness.

We must come back to understanding and applying basic, fundamental ethical values in our nation, or we face the prospect of selling our birthright of freedom-born prosperity for some new (or old) form of slavery.

Our freedom-born prosperity is based on fair compensation for our individual mental and physical efforts, our labor. Slavery is based on the minimizing of compensation for labor by the power of accumulated wealth.

Yes, it is that clear. And it is also clear which direction we are headed as a nation.

We are headed toward the ability of corporations to control the compensation for labor "based on the extreme of greed—clearly evil under the ethical values of our Judaic-Christian culture—of the for-profit business model of minimizing costs and maximizing profits." When this course is supported by government, it is fascism. Ipso facto we are becoming a fascist state.

Let me be clear in my position, "fair compensation for our individual mental and physical efforts, our labor," is not "equal" compensation. The communist slogan "From each according to his ability, to each according to his need (or needs)" repeatedly proves to be as unworkable in the extreme, as greed.

On the other hand, our definition of a civilized society is that a society's abundance in prosperity is distributed in part to those unable to satisfy certain basic needs by their own efforts. I believe this is based on our collective awareness that the "ground" out of which a prosperous nation grows, is the common commitment to and the support of a set of political and economic values ... and that a basic role of our government as a free people is to define that common set of values and apply them to our laws and policies.

Wednesday, July 14, 2010

Basic ethical values

What is it about paying for what you break, or any damage you do, that the rich and powerful don't understand?

Even it if it were to "pay to the extent possible," we would be better off than what seems to be the current standard of "pay as little as possible" ... the extreme of greed—clearly evil under the ethical values of our Judaic-Christian culture—of the for-profit business model of minimizing costs and maximizing profits ... and the basis of all fraud.

I am not against private enterprise. Rather, I believe private enterprise and its fair rewards are the most productive economic engine for humanity yet developed. I simply hold that the business transaction should be based on reciprocity with a fair exchange of value, and not on fleecing the other party.

Ethical rules of fairness and justice are relatively simple. Robert Fulghum's book title. "All I Really Need to Know I Learned in Kindergarten" says it in a nutshell.

For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.