MarvinSussman

Bernie's vision is the same as FDR's: spend money to build dams and electrify farms.

The Nay-Sayers said it could not be done but it was done!

Spend money for free schools and healthcare!

Damn the Nay-Sayers! Full speed ahead!

Floyd Brown Loc: Milwaukee WI

I go along with doing much on the state level.

BUT: We do need to address the problems:

First we need to look at our systems of Government at all levels:

Things now are not really effective or very efficient at all levels. With the tools we have in our hands now for gathering information & knowledge we need to carry on the job our Founding Fathers started. (Yes I say started) Was it not about forming a more perfect nation?

I say the task at hand is to continue the task.

It is not to ask what is in it for Me but ask what is in it for all of Us. There is much good in what we have & changes may only need to be only adapting to the complexities we now face.

We need to look back at our past & strengthen the good parts & correct the areas that make Us less than we can be.

We need to rid our self's of politicians (Who only think about what they can do for them & theirs) & seek our those that would be STATESMEN (Who would look do what is best for all.)

Who among Us will step up & put forth what is good for every one before what is good for them. For if they do what is good for every one it will also be good for them.

Take a look back at 1950s & 1960s when the American dream was alive & well & the wealthiest Few controlled just 7% of the wealth in this country.

Could this be what we want our Country to return to?

bilordinary Loc: SW Washington

Business without honor-- a great sin.
Capitalism is great if "deceit for profit" doesn't occur.
To me HONOR is what is sorely missing at this time, only a nice sounding word.
Corruption is not just in DC, it is everywhere, anyone anywhere cannot deny this.
You'll hear, "that just the way it is" but do we continue to go down the wrong road?
The dollar bill was a good thing until it achieved god status.
That plus the " FEAR GREED HATE " we're constantly fed, have gotten us here.
I fear the fear caster more than the fears cast!
Liars calling liars, liars! I believe none of them anymore.
Sorry for ranting, at 73 I have to blurt thoughts out or they go poof.

MarvinSussman

The 50s were good because the gummint spent a lot of money:

Our GDP grows approximately $2 for each Congressional $1 that is spent again and again until it is either taxed, saved, or exported. Our Debt/GDP ratio dropped from 120% in 1944 to 30% during 35 prosperous years due to moderate inflation and heavy spending on veteran housing and education, the Marshall Plan, nuclear energy, Korea, Cold War rearmament, the Interstate Highway, Man-on-the-Moon, Vietnam, and more.

Floyd Brown Loc: Milwaukee WI

It may never end until all of the money is in a bank in Beverly Hills.

But even then Human life will go on.

We got along with out Bankers before & we could get along with out them again. This was a bit before our time though.

MarvinSussman

The problem is not the bankers, it's Congress. That's where policy is made.

bilordinary Loc: SW Washington

A lot of $$$ made there too!

MarvinSussman

Money is created every time Congress spends. In our past, Congressional spending gave us electrified farms, transistors, integrated circuits, computers, the internet, robots, jet planes, rocket ships, solar and wind energy, LCD and touch-screens, the mouse, SIRI, search algorithms, GPS, genomics, nanotechnology, and our pharmaceutical industry!

There is nothing wrong with Congress spending on infrastructure. All spending is salutary up to the point of harmful inflation, which is nowhere in sight.

Our GDP grows approximately $2 for each Congressional $1 that is spent again and again until it is either taxed, saved, or exported. Our Debt/GDP ratio dropped from 120% in 1944 to 30% during 35 prosperous years due to moderate inflation and heavy spending on veteran housing and education, the Marshall Plan, nuclear energy, Korea, Cold War rearmament, the Interstate Highway, Man-on-the-Moon, Vietnam, and more.

Floyd Brown Loc: Milwaukee WI

Do you mean the Congress that is the Pawn of the Moneyed Crowd?

Floyd Brown Loc: Milwaukee WI

Money is crated each time a bank makes a loan.

Loan out money that becomes an asset. & that asset allows backing for another loan.. Sure each time it becomes backing for a little smaller loan for reserves.

Then let the Banks borrow money from the Fed almost free for reserves.

That's how they create a bubble. A tight little loop that those with the assets play with the Public debt to control the flow of money.

Money moves from compute to computer & pocket to pocket in almost a closed loop.

That is the best Ponzi game out there.

Come on Marvin I put you down as a person who knows what is going on in the world.

Or could it be you are a player in the Game?

The Public may not pay much attention to the details but they are sure teed of with what is going on.

BigMike Loc: yerington nv

Marv is fixated on incurring more and more debt. Doesn't have to be paid back. Money monkeys can be relied upon to keep things from going pear-shaped and not skew things to their advantage at our expense.

Floyd Brown Loc: Milwaukee WI

There is no doubt about needing what the Fed & Banks do.
They provide needed services.
But at what cost?

We will be on the hook for what ever it takes to back the cost of our money.
It is Backed by the full Faith of all of Us now & that will continue.

We need to find a better way to pay for the services we get.
It just cost Us much more that we should have to pay.

As it is today it helps transfer money from the General Public in to the pockets of the Few.

I say it is just a big Ponzi Scheme. now they don't only not want to pay any interest on our money put to have Us pay what would seem to be to pay interest to them on our money for them to just hold it for Us.

Is it any wonder that more people every day are becoming ticked off with the system.

BigMike Loc: yerington nv

It's a Ponzi scheme. The uber-rich continue to skim off the top at our expense with little or no effort on their part...and since, ultimately, wealth is created by human effort (sweat of thy brow) all they can really do is move numbers around. Completely upside down and backward!

MarvinSussman

MarvinSussman