7/12/13

Bernanke's Bubble, Queen Hillary and Dialectical Evolution

When Federal Reserve Chairman Ben Bernanke stimulated the market announcing he would continue buying 85 billion dollars of Treasury bonds monthly the market rose to an all-time high. Distributing wealth to the rich and corrupt circles that brought America the 2008 financial meltdown and excessive regulation is the unconventional wisdom for the day.


Pumping imaginary cash into the economy buying mortgage backed securities (maybe better named dubious securities) with the inflation rate about 1% and letting too big to be accountable bankers have lots of no-interest cash to buy up everyone's distressed or foreclosed home is a policy one might expect would create some sort of anomalous bubble never before seen in our times. Chairman Bernanke said the unemployment situation is actually worse than the 7.6% national average indicates. The obvious to select elite economists is that reinforcing the rich is clearly the best way to bring about full employment, good wages and jobs for all workers, a recovering ecosphere and reduction of public debt.

Queen Hillary the first is looming in 2016. If the Obama administration plan to reduce the U.S. public debt and budget deficit running the total up to 21 trillion dollars with perennial deficits can't fix the economic doldrum the winner of the Clinton vs. Bush title bout-one the public has long clamored for, its like an Ali vs. Marciano fight after all will get a shot. Cynics might prefer a womano y womano Bruser Hillary vs. Condi Rice title fight yet like the Hearns vs. Leonard fight it's difficult to get a brilliant yet out of play contender to step into the ring (although Leonard evolved to that and did win).

Dialectical political evolution is experiencing a comeback after the 1989 slump when the Reagan vs. Gorbachev dialectical led to total ideological collapse of communism and even dialectics. The two-party U.S. political dialectical evolution of political economy has demonstrated that dialectical evolution is itself still a valid theory.

Like the two sides of a stationary rotating auger pushing throw sludge or waste or other products the Republican and Democrat parties are partisan dialectical opposites evolving the economy in a particular way processing input through to output debt, unemployment and a deteriorating national environment (ecosphere section). Without giving quantitative easing relief to philosophers outside of academic not enough theoretical development of post-cold war dialectical evolution has been funded by government extremists content with the other corporate-government dialectical kickback evolution.

Dialectical political evolution is simply a stage in the reduction of economic pluralism to monism. From a pluralistic economic environment with a myriad of competitors an economy through networking and inter-corporate board sharing and insider trading is reduced to a few corporations with limited competition. It may evolve downward in number until a two-stage dialectic evolves; yet like the tripartite foundation of the U.S. Government before corporatism an economy works better with three rivals in a trialectic evolution. More than that requires more than simple math to calculate and is often avoided by politicians and economists.

A dialectical evolution of D.N.A. is the basis of a human genome. A trialectical basis for the genome with an extra strand of P.N.A. instead of D.N.A. would allow political dynasties to evolve within the two party structure by surpassing the political mortality of term limits. Human genes implicit let genetic chaos and mortality develop because of inherent failure to recalibrate and return to original condition genetic stability. An emergent lifetime of Clinton or Bush Presidencies could be negated by selection or merger to a champion King or Queen Bush or Clinton with the evolved dialectical kickback line of Presidential families racing to the top perfected instate-of-the-art political laboratories in Boston.

For the time being the trialectical third helix of political immortality is simple a shadow government ghost selecting the winners and losers in American economic free enterprise. There may be an infinite number of dialectical and trialectical systems in existence simultaneously if they are not powerful enough to dominate or totalize national or global economics.

A trialectical processes of reinventing the U.S. economic system to expand beyond the rather myopic dialectical evolution toward political pluralism and the goals of full employment, good wages for all, decreasing concentration of wealth and increasing ecospheric health and biological diversity isn't likely to occur without something of genius in U.S. political leadership. That hope ended in the first Clinton administration's echoed in the Hollywood zeitgeist Dumb and Dumber.



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