7/28/11

Too Many Sweet Biscuits from the Rich at The Tea Party

The tax rates from 1930-1980 roughly show the relationship between the 29-30 stock market crash and depression and federal debt at present. In 1930 the income tax on the rich wasa at a low 26% and the correction after the depression was 58%. In 1980 the tax rate on the rich was still 70%. After the Regan and Bush era tax cuts the national debt began rolling upward from the moderate Carter public debt even with inflation and recession to the present skyrocketing out of control spending.

http://en.wikipedia.org/wiki/Income_tax_in_the_United_States

I unfortunately haven't much internet access these days. I enjoy reading logic and also did some programming a long time ago-in 1980-81 and so view language ideas and criteria modeling actual economic structures with a little critical reserve. Quite often iterations or logic loops modeling economics and social realities simplify far too much, and also present false or erroneous logic connectors such as 'and, or, unless, if' and so forth.

I am fairly sure that one should not become too much of a quant on government theory-especially on democracy and ideas about force, lliberty and so forth. The nation has 300 billion plus souls, the world about 7 billion, limited geography and ecospheric resources. People must be able to see the woods for the trees on culture and life or fail to exist. I think the prospects for life on Earth remaining here with human beings in the mix for a thousand years is rather poor.

Incidently there are all sorts of coercive elements todays-not just in government. Corporations can coerce. A new global trading system in real time letting electronic money, bonds, currency, mortages, collaterized debt obligations, derivatives and so forth be exploited by computerized math quants with high art programs is a kind of predator upon capitalism. It has little to do with nationalism or democracy or even good sense. It is a kind of idiot savant led cultural genocide of capitalism and free enterprise.

Making an electronic, computer program ruled new world order concentrating wealth is not the quaint Kentucky home with the blunderbus above the fire pit where libertarianism could rule. The founders where not recalcitrant about uniting to defend their collective social interests when need be. They were not existential irrationalists-they had common sense and decent regard for the individual rights of mankind.

Liberty is a condition of freedom. Many people wonder about the collective effects of adverse impact upon themselves as members of a given class of course. An example might be that of global warming caused by industrial emitters of carbon. If gas burning automobiles will kill all life on Earth potentially then what self-defense rights are fair to prevent that today?

Political philosophy is an interesting topic I enjoy reading about now and then. It is easy to write ten or twenty thousand words on various elements of it warming up, unfortunately my time is about gone along with my notebook for the summer.

Consider though that the true Republicans-the guardians of the Republic, did not own anything. Plato had their needs met and no conflict of personal earnings interest for them. They thought of the state and of its well being as if it were their own stuff. There is too little of that today in the U.S. Congress. They think of concentrating wealth for the rich because the rich toss them sweet biscuits.

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