Posts Tagged ‘communisim’

Jerry Brown for Govenor of California: Can you say STUPID? I knew ya’ could!

September 28, 2010

California, my state of birth… (Oceanside, California, Camp Pendleton.) Somehow, survived the years that this God forsaken idiot was Governor there. Jerry Brown, caused, via his leftist policy’s and non-leadership; The worst times that the Golden State had ever been through. PERIOD!

He kissed ass to the Unions, to the illegal immigrants, raised taxes beyond belief, held gun owners in contempt, and pissed on the California Constitution as well as the Constitution of the United States of America so many times that I will not even bother with citation! He makes the epic failure obama look like a lightweight!

Now, to be honest? I don’t know an awful lot about Meg Whitman. But what I do know, is that Jerry Brown, is nothing at all like his Father.

Having lived under both, I know well what it is that I speak of.

More HERE.

Vote NO for Jerry Brown Jr!

Africa the enigma.

December 24, 2008

Africa the enigma. The seat of humanity, and the oldest cultures ever established by humans according to some is also the seat of continuing controversy. Not to mention brutality of a monumental scale on a pretty regular basis.

Of course there is always finger pointing at who did this, or caused that. Of some bogyman or other that is the root cause of bloodshed seen only on occasion in other places in the world. I am not at all dissing the Jewish Holocaust, the Armenian Outrage, the diabolical slaughter of the Red Khmer’s, or any of the other examples of mans stellar works of killing his own kind.

Africa though, never seems to get over the same sort of thing. Often it is based upon centuries old tribal conflict. Then, there is the religion of peace, and how it’s followers have civilized the parts of Africa controlled by Islam.

Most often though it is some thug. It is that simple really, and today isn’t any different than years gone by, at least when it comes to Africa. Just who is today’s  hero of the people?

Robert Mugabe of course!

Trying to make sense of bailouts and other such Socialist ideas

December 2, 2008

All over the internet I keep hearing things like, or along the lines of; Obama will save us from ourselves, and other such drivil. I hear on a near constant level that this is what free market economics gets for the people. When, in point of fact, the United States does not operate in a true free market economy, much less in a  laissez faire model. Which is actually what these very same people imply has been being used in recent memory. These are most often self appointed masters of economic thought. Picking and choosing bits and pieces of what they have learned, or just heard along the way. Never mind the basic tenets of Macroeconomics and Microeconomics, after all they have an agenda to pursue. That most often being the destruction of western society in general, and capatilism in particular. They are in fact usualy espousing Social Economics. However they do so based upon emotion, not upon reasoning and most often without any sense of logic.

Hence, I will post a bit about the Natural Laws of Economics. Please follow the link, as there is a wealth of information to be had there.

A natural law is a proposition that is universal to a subject matter. In science, a natural law consists of propositions describing and explaining observed regularities. There are in economics some basic regularities which have been designated as natural laws of economics. These include:

1. The law of demand. When the price of a good falls, the quantity demanded does not fall. Usually, the quantity demanded rises with a fall in price. Strictly, the law of demand applies to the substitution of cheaper goods for more expensive goods due to a relative change in price. The law of demand also applies to the whole economy: when the whole price level falls, with the amount of money remaining constant, a greater amount of goods will be purchased. 2. The law of supply. When the price of a good rises, the quantity produced does not fall. Usually, a higher price for a produced good results in a greater quantity produced.

3. The law of diminishing returns (law of decreasing marginal productivity). Given a fixed amount of some input, when ever more amounts of the variable input are added, eventually, the marginal product (the last unit’s contribution to output) declines.

4. The law of one price. In an efficient market, a financial asset will tend to have one equilibrium price, because of arbitrage.

5. Gresham’s law. Bad money drives out good money when the bad money is legal tender.

6. The law of reflux. In competitive free-market banking, there cannot be a permanent over issue of banknotes, since any issued in excess of the quantity demanded will be redeemed.

7. Law of supply and demand. In a free market, the equilibrium price of a good is that at which the quantity supplied equals the quantity demanded.

8. The law of diminishing marginal utility. As one obtains more and more of a particular good, eventually the marginal utility (value from one more unit) declines.

9. The law of unintended consequences. Human actions, and especially governmental acts, have consequences which were not intended and not anticipated by the actors.

10. The law of iterated expectations. One cannot use the limited information at some previous time in order to predict the forecast error one would make if one had better information later.

11. Engel’s law. The proportion of income spent on food in an economy is inversely proportional to the general welfare of the society in that economy.

12. Wagner’s law. As an economy grows, government spending has increased by a greater proportion.

13. Foldvary’s law of inequality. Inequality equals the concentration of a distribution times the number of units (I=CN).

14. Say’s law of markets. The supply of goods will pay the factors of production such that the payments are equal to the value of the product, and therefore aggregate quantity supplied equals aggregate quantity demanded.

15. Law of time preference. People tend to prefer to obtain goods sooner rather than later, and will pay a premium (i.e. interest) to shift buying from the future to the present.

16. Law of the market. Statements made by market participants are assumed to be truthful, and products are presumed to be safe and effective unless stated otherwise.

17. Pareto’s law of distribution. There is a general tendency for 80 percent of the consequences to result from 20 percent of the causes, which often applies to property, 80 percent of the wealth owned by 20 percent of the population.

18. Law of cost. All costs are opportunity costs, the true cost being what is given up to get something.

19. Law of comparative advantage. Trade takes place because parties specialize in the products which have a lower opportunity cost, rather than merely a lower physical cost.

20. The law of wages. The wage level of an economy, where labor is mobile and competitive, is determined by the marginal productivity of labor at the margin of production, i.e. the least productive land in use.

21. The law of rent. The economic rent of a plot of land equals the difference between its output and the output at the margin of production, i.e. the least productive land in use, using the same quality of labor and capital goods.

22. The law of capital goods. Investment in capital goods and human capital expand until the expected return on investment, adjusted for risk, equals that of the long-term real interest rate.

23. Walras’ law. If there is an excess quantity supplied in one market, there must be a matching excess quantity demanded in another market.

24. The law of economizing. People tend to economize, maximizing gains for a given cost, and minimizing costs for a given gain.

25. The law of economic rationality. Human action is economically rational if one’s preferences are consistent and if one economizes.

26. The Gaffney effect. The public collection of rent equalizes the discount rate for land usage, since otherwise people would have different credit costs for purchasing land.

Fred Foldvary

People’s Weekly World: “Jubilation and Celebration”

November 11, 2008

A seismic shift, a watershed moment, an electoral landslide or the dawn of a new era. No matter what the turn of phrase, Nov. 4, 2008, will go down in the history books as the beginning of the end of the 30-year political reign of the ultra-right and its vicious pro-corporate agenda, and the end of a beginning of new politics in the United States of America.

Convinced by the power of one man’s arguments for hope, unity and change, his program and example, a 52 percent majority of voters rejected the old politics of fear, racism and red-baiting and elected Barack Obama the 44th president of the United States.

Perhaps it was historically inevitable that this country elected its first African American president. The dynamics of slavery, race and racism, together with the historic role of the African American freedom movement in helping propel the expansion of democracy for all people, have always been a central narrative to the making of America.

An accident of history, maybe, is the fact that in 2009 the country will celebrate the bicentennial birthday of another tall, lanky, transformative figure from Illinois: Abraham Lincoln.

In this age of 24-hour news cycles and instant information, when a seismic victory happens it’s important to take a breath and reflect even while celebrating. There will be analysis in the coming weeks in our pages and web site. We’ll be taking closer looks at the many different actors, issues and developments.

But here is an initial take, a basic framework to ponder and analyze such a momentous moment. This was a victory for the whole U.S. working class. And workers of all job titles, professions, shapes, colors, sizes, hairstyles and languages put their indelible stamp on this victory.

This is an important point to ponder, not only for people here in the U.S., but also for our sisters and brothers around the world. The U.S. working class is pushing for a new day — in which our country can be a good global citizen and not the “rogue state” the Bush administration has projected.

The most organized section of the working class — the labor movement — played a stellar role in this election, organizing more than 250,000 labor activists in critical battleground states. But it was its role in challenging and educating union members on racial bias, coupled with a program for economic recovery, that labor proved its invaluable mettle.

A powerful coalition of forces, inspired towards a new kind of politics, bubbled up from the ground of discontent sown by the authoritarian, reckless and greed-driven policies of the Bush administration. Union members and retirees of all races and the African American people as a whole joined with the emerging political might of Latinos — Mexican Americans, Puerto Ricans, Cuban Americans and others — and with women and young people en masse to successfully challenge the power of the ultra-right. And the seeds of a renewed and strengthened Jewish-Black unity — historically so key to civil rights progress — are taking root.

Such unity — as President-elect Obama said — of “young and old, rich and poor, Democrat and Republican, black, white, Latino, Asian, Native American, gay, straight, disabled and not disabled” is an idea that has been grasped by millions of people and made into a material force shattering the Republicans’ “Southern strategy” and forcing this party of the reactionary right into a meltdown.

The election outcome represents a clear mandate for pro-people change on taxes, health care, the war in Iraq, job creation and economic relief, union organizing and the Employee Free Choice Act. Reform and relief are in the air. Their scope and depth will be the arena of struggle. The best thing the coalition that won this victory can do is to stick together and help the new administration carry through on its promises. We suspect an Obama administration will have to govern from the center with progressive and left voices included in the dialogue along with conservatives. The ultra-right and corporate interests will do everything in their power to limit, and even steal, the people’s victory.

Jubilation and celebration, yes, along with realization that the hard work is just beginning


Well, the Bolsheviks certainly appear to be happy. Almost reminds me of the shouts of glee that would emanate from the Students Union at U.C. Berkley during the sixties when the daily American casualty counts would be announced by Walter Cronkite.

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