Intergenerational Overlapping and the Oncoming New Age of Reason

Population Asymmetry

I.               From about 1965, we can observe the beginning of geometric population growth.  This indicates the beginning of “overpopulation,” or more accurately the asymmetry from increased births, greater longevity, and fewer preventable deaths from ancient norms.  This problem has begun to grow exponentially.

Crisis Nodes

II.             Although there are many other wars, conflicts, strifes to be considered, for our purposes of American History, and our nations birth in 1776, we observe six modern nodes of crisis:

a.     US Civil War

b.     The Great War

c.     WWII

d.     Moon Landing

e.     End of the Soviet Empire

f.      Beginning of Modern Information-based (Internet) Democracy

Era Names

III.           After the Age of Reason: Ironically, we inhabited the great genocide of America, and endured the pestilence of human slavery.  The zugzwang of the International Age of Industry required our participation in social norms, but as a nation not healed from the bitter civil conflict.  Our modern American identity was forged by the great European war where the conception of nationhood and nationalism forced us to unite.  The fourth era is so named the Age of Economy because this was the practical application of all the great theories, and became the natural growth of nations to once again end this era in another great mechanized war.  After the hard and bitter lessons of grand mechanical warfare a more indirect, yet no less vicious, period of proxy warfare began, and the emblem of the two great Superpowers was that of Space.  After America ostensibly won that war of symbolism, then an age of covert and more indirect paroxysm began in earnest to complete the defeat of the Soviet Union entirely.  Leaving an age of one Superpower left with all the various agents who would attempt to interact with, transform or gain from her.  We have entered an age where the conception of power is being transformed, not just by the application of ideas, but the ideals and ideas being transmitted by these transformational devices we participate with regularly in this era.

Node Zero

IV.           In American History we begin in the first thirty years of Simultaneous Corinthian Rebirth (CR), a creative destruction for survival, and the a ten year Birth;

a.     1760 – Doric Construction of Revolution

b.     1770 – Ionic Construction of Revolution

c.     1780 – Corinthian Construction of Revolution

d.     1790 – Birth of the Stable State (where the act of Revolution has been harnessed in active creation-destruction process we call government)

                                                     i.     1790 – 1793 sub doric: The King as President

                                                      ii.     1793 – 1796 sub ionic: The Various Powers

                                                        iii.     1796 – 1799 sub corinthian: The Reasonable Transitions

Generational Nodes

V.             After the Reasonable Institutionalization of Revolution, began the formation of parties and other emblematic themes, which allowed for the construction and destruction of ideas of governance and administration of law through institutional process, however this does not dismiss the massive genocide being conducted until 1974 upon the lands of what was to become territory of these United States of America.  Following Jefferson and a Revolution every generation (30 years):

a.     Rebirth (Transformational Period [Ricorso])

b.     Doric (Construction of Foundations)

c.     Ionic (Building of the Constructs)

d.     Corinthian (Decoration and Edifice)

Sub-Nodes

VI.           Confusing the issue, but now more clear with the benefit of oversimplification, is the illusion of cohort or sub-nodes within generations.  These do not attribute a “rebirth” sub-period, for the natural[1] progeneration of each individual, cohort, or generation is the very act of biological rebirth.

Primary Technological Achievement

VII.         At the advent of every new generation, there appears a clear signal from the prior generation as to how to better evolve the technology of our environment for survival and progress.  Although these are simplifications of the overarching achievement of the times, there are innumerable simultaneous progresses in every subject matter in order to allow for other generations to unlock achievements.  As with Node Zero, we find ourselves (at “node 8”) where the cumulative progress in every Scientific endeavor has come to fruition in every discipline—the start of a time of Science and Reason!

Longevity Asymmetry

VIII.       By Node Six, The Baby Boom Generation, Children were observing the first human cohorts to live into their 50’s, 60’s, and 70’s, in spite of the two great mechanical wars.  We entered into a node in 1999 where children being born until 2029 will observe human cohorts living into their 90’s, 100’s, and beyond (the estimated stabilization for longevity to become living naturally into 120 ~ 140 y.o., and with medicines and technologies 140+)!

Conclusion

The Population Asymmetry, Progenitor Asymmetry and the Longevity Asymmetry require from the intergenerational populace a sense of civility and abiding peace that are necessary for collective security.  We enter an era of unprecedented potentiality for every human being alive today, and have one of the best chances ever to enshrine Ethics, Liberty and Human Rights for the sanctity of all future generations.

Hypothesis

We will not be able to afford to not cooperate as a human species (as opposed to nation, or other group) upon this Earth, and the upside becomes material and quality of life gains from cooperation that will far outweigh perceived negatives.

The confluence of all these human events shall describe

1.     A grander sense of the Collective Consciousness and Higher Awareness

2.     More sublime and civil forms of diplomacy and warfare

3.     A concept of collective endeavor that will produce a massive efficiency, which we are already encountering

MAJOR EFFORTS FOR FUTURE NODES

Future Nodal Targets

A.    Commercial Space Travel

B.    Electricity Harmonization (We are in Node E1 and starting E2.  By E3 we will be at the edge of Robotic Sentience)

C.    Oceanic Mastery (deep water craft and body suits)

D.   Environmental Stasis (estimate Node I Env. will sustain up to 12BB pop.; Node II Env 16BB; and Node III 30+BB)

E.    Robotic Sentience

F.    Interplanetary Colonization

G.   Intergalactic Exploration / Deep Space Mastery

H.   Solar System Mastery

I.      Inter Solar System Colonization

J.     Galactic Mastery

K.   Intergalactic Mastery

L.    Intergalactic Colonization

Note:

            “Arab Spring,” is the current term to describe the actions of societies, many in the Arab States, gaining 21^st Century Technology at low or no cost and being able to organize democratically with instantaneous communications and information systems.  This will probably be referred to as the International Accurate Democracy Movement, or something thereabouts, because we also find ourselves in USA, amidst the advent of the ramifications of this technological advance and all that this implies.

---

[1] The Progenitor Asymmetry would be when genes can be spawned multi-generationally (even after the subject has expired)

4 years of low hanging fruit

Obama gave a somewhat inspired if not entirely exciting State of the Union.

The key notes I heard that I will hold him and the Democrats to account for in 4 years:

1. End the War
2. Universal pre-school
3. Access to benefits / retention of Obamacare-Social Security-Medicare
4. Improved Veterans Benefits
5. Active measures to improve the economy by improving Energy Independence and the Environment.

It is mostly on this last point that I will speak;

a. Tax Reform equals Environmental reform.
b. End subsidization of archane technologies and established players, back to investor of first and last resort.
c. Support STEMs in Education.

a. By closing loopholes in a conscientious and clear manner, there will no longer be a dispensation for making profit at all costs (where the environment takes the burden as resource and resolution).

Although not as clearly defined by the powers-that-be, the need for reform has a throughput onto the ideas introduced by Schumacher as Small is Beautiful. becomes that ecosystem and ecological thinking is in effect environmentally correct long-term economic development.

Obama was dancing at the edge of this thinking without removing any of his obvious commitments to the Corporate System.

However, a clever tax system will try to become clever by half playing "lets make a deal."  The second step to truly resolving the Environmental equation for Cost-Benefit-Analysis is for holistic and conscientious Tort Reform.  That is a hot potato in the Do Nothing Congress Part II we are effectively beginning to witness (although I am open to being wrong-- see Sequestration).


b. Corn Ethynol, Oil, and Fracking are all subsidized, although science clearly puts them in the back of the Carbon efficiency line (would that they list in order from most to least carbon efficient).  That carbon efficiency in conjunction with time for development (with unlimited resources) should inform what priority to grant and burse the otherwise limited resources dedicated to Energy and Technology.

As mentioned, the investments by the people for the people are best as first and last resort-- like radio and other experimental technologies the US government and the people have been the ones who "built the railroad," not the tycoons who then scooped up and organized for profit the activities.

Hopefully in four years we will have sensibly realigned subsides so that the only thing big oil is getting is small relief for the retooling of extant refineries to become clean, non-polluting, and carbon efficient.


c. All other social concerns aside, and with the full-throated support of the scientifically true "first five," as we call early childhood development, education and care in California, the next step is to raise a generation not afraid to do math, believe in science, or be transparent in their actions as citizens.

It is not the government that will lead the inevitable democratization of truth, rather it is the people.  Let's pay teachers what they are due for tending the most valuable natural resource we have, isn't it time?

I didn't hear a "socialist" argument as the Republicans over the decades are fond to label, rather a proactive agenda on education that accepted truths (like global warming) where for whatever reason the less than 1% of scientists disagree with the issue writ large (does climate change exist?).

A fact-based reality based education system will, informed by all the sciences and technologies, force a fundamental zugzwang by the Federal in favor of the local education officials-- and that is something I have heard every republican quick on the "commie," or "Socialist," trigger belly ache for power to rest in the local not Federal powers where education is concerned.

Yet, it was Bush II, who forced the random test driven multiple choice idiocracy called "no child left behind."

Incentivize the collaboration in STEM (Science, Technology, Engineering, and Math) with new and existing public-private relationships by also having the principles found in STEM, logic, and reason inform the process and development of this completely new world of education, knowledge, and technology, and any disadvantage from the retooling of our outmoded educational system (writ large) will fall away very quickly once children are given the access to tools already available-- just not very widely at time of publication.

Lets see if reason will spread like a disease in the next four years, or will we continue to appear as a gorilla chasing its tail to the rest of the world?

How Cataclysm is Reality Check

The Disaster in Japan, presently mounting towards becoming something we will only hope to determine in a couple of months could be at least worse than Three-Mile Island and probably not as bad as Chernobyl; that is the Nuclear (Environment [Energy {consumption/scarcity} Economy] Health) Situation.

The Disaster in Japan is an example of the force of the oceans, a vivid recreation of the Indonesian Tsunami, but with the million dollar yachts, middle class houses, and video cameras slushing about everywhere—all floating together equally: that the reality TV, media, yet very real Safety Preparedness issues brought front and center for the World to see.

The Disaster in Japan was also a Massive Series of Earthquakes. Three Disasters in one, and all of them begging questions. Fundamental questions that I am confident the Japanese Society, and the World with which they have built tremendous store of good will, interdependence, and fair trade can answer the questions being asked by this Natural Disaster.

To come back to simplicity, the tragedy shows beggar, rich man, and thief all equally were swept away. All died, and were spared only according to natural forces – not perceptions or falsehoods held by society. Chaos, and randomness. DONATE TODAY!

We can use this crisis soon to be molded into opportunity to better understand our Society, too.


The first question begged, Nuclear, asks us to truly have Utilities, states, and corporations acknowledge that we are currently (this includes everything from Climate Change to Household cleansers, and includes everything else we make) conducting a real-time open ended chemistry experiment with our environs and habitat for which we rely upon sustenance. I have complained very loudly in my book Metaeconomics on the subject of incorrect assessment of lifetime costs and benefit-cost analysis in resource valuation.

The second shows us that seven generations thinking (planning for 7 x 30 = 210 years in advance) is required to address the engineering challenges of Reality posed by the forces of nature, and made worsening of those disasters.

Home itself as physical object is impermanent. So, any disaster in, near, or by the home becomes a scientific and engineering issue. At the extreme end, we have to be conscious also of our massive garbage and waste streams, and thus reusability, recycle-ability, biodegrability, etc.

For example: Is it too much to ask to buy a washing machine that your grandkids could inherit (still operational)? Or imagine you could use parts from your washing machine to replace parts to fix by hand (using simple tools) your futuristic vacuum? That the broken part can be sold for scrap to the local hardware store for re-smelting?

On the other hand, living spaces are designed to ideally (looking at older cultures than ours in Modern USA) last a similar 210 years... or many, many more!

Japan has the opportunity to unleash the resources to create an actual place where they find their best and brightest technological possibilities. Entire new, green, and safe communities can arise by direct result of the response by the question being begged.

Maybe there is hope for Nuclear Safety, but clearly like Deep Sea Oil Drilling, like Trickle Down Economics, and a parade of other less than flexible ideas we have recently witnessed self-destruct (or at the very least flies in ointment canisters -- if not fact based proofs against them) in our times.

Finally, to be specific and real in my example, the idea of a California Coastal Commission has been the obvious joke in my experience (and many others) in real estate, architecture, engineering, planning, design, and other professional experience. Saying CCC in many circles is short hand for bureaucratic nightmare and red tape.

However, by looking at the scope of the challenge now before our friends in Japan, we can see clearly why certain agencies do exist for betterment of common good issues like health, safety, environment and planning. We may however need to streamline, and make efficient this series of systems and conflicting agencies.

So, we should mirror our friends as they rebuild their infrastructure, help them in doing so, and use the massive economic requirements to upgrade and refurbish our crumbling infrastructure system.

• In these next years, the friendship between our nations and the connection and spirit of kinship can only become that much stronger by the real challenges and questions Mother Nature has now asked of all human societies around the world.

From the peanut gallery to the rafters... a crib sheet with commentary on the SOTU

Here in Bold are my take-aways, and in italics the words from the speech that best summarized the speech logic points.

Howard Fineman called it 'the most pro-business speech a Democrat has given.'

1. Implied acknowledgement of Keynesian Major Project Theory."The first step in winning the future is encouraging American innovation."

2. Direct acknowledgement of the broken educational mechanisms. "...we also have to win the race to educate our kids."

3. Acknowledgment that one of the most efficacious stimulus actions of money from government would be best spent on Infrastructure. "Our infrastructure used to be the best - but our lead has slipped."

4. Acknowledgement of over-burdened small business part 1: regulatory. "All these investments - in innovation, education, and infrastructure - will make America a better place to do business and create jobs. But to help our companies compete, we also have to knock down barriers that stand in the way of their success."

5. Acknowledgment of over-burdened small and medium businesses part 2: tax code. "So tonight, I'm asking Democrats and Republicans to simplify the system. Get rid of the loopholes. Level the playing field. And use the savings to lower the corporate tax rate for the first time in 25 years - without adding to our deficit."

6. Fiscal Prudence. "Now, the final step - a critical step - in winning the future is to make sure we aren't buried under a mountain of debt."

7. Government streamlining and modernization. "We should give them a government that's more competent and efficient." (Streamlining is a proven savings.)

(The rest focused on foreign policy, summarization and concluding remarks.)

***

Overall, if even some of this gets implemented in a reasonable (dare we suggest bi-partisan) manner, then we stand to be improved economically.

The Golden Fleece-down

Comcast won approval. Okay, but (and I haven't read the resrictions) should we not limit this transaction from a perspective of the possession or easement of telecommunicative ("two-way") devices in places of private residence or commerce in conjunction with the Potential of an implied warrant* the real issue: data mining, data collection, financial data sharing; etc.

*The former issue was similar to the subsidized railways of the 19th century, and now that much of the hard infrastructure is "owned," this implied or real monopoly on a market-by-market basis, in conjunction with certain content monopoly issues (channel restrictions, access limitations, and slower speeds for content not preferred) all imply that this will be bad for consumers.

This is a merger of Producer and Distributor to attempt to break this deal down into the simplest terms, and they have the customers "clicks" right in their hand.

I have Comcast Service, and it isn't as good as all that. Technical issues quite frequently, and local outages. That said, ATT U-Verse had major outages right over the holidays (as many are well aware) nation wide.

I would like to see better consumer protections... my bill has only gone up, and not just as a direct function of inflation.

How does this benefit consumers directly?

New Tax Code

I really dont want to wade into the debate regarding the trial balloon, yet, but will say:

Close, but no cigar.

At least they didn't try to "please all the people all the time," and had political wisdom to understand that the recommendations wouldn't survive the congressional bile movements.

And I like they are starting down the road towards simplification, but some Tax deductions may be necessary.

That leads me to my only point;

They seem to forget that taxes, and the Relief therefrom, are the way to incentivize the citizenry and business alike.

Subsidies, tax breaks, and even certain "credit" type programs between the government and the citizens they propose to collect and protect (not be too cynical) from, can be made clear to create our future economy and growth from this recessionary hangover.

Ideas?

Learning from 19

Well, I am disappointed that Prop 19 didn't pass, but my eyes are opened up to where things stand.

I am also disappointed that the opposition created no effort at a cogent rhetorical argument against -- everything I heard, saw, or read was an appeal to emotion (mostly Fear) at the end of the day. No real debate of logic or reason.


What then would it take to be so reasonable as to shut out the opposition entirely:


Firstly, the measure failed in all the major growing areas! Also it failed in LA and SD, where I sense that had the Proposition somehow not stepped on fewer toes, then this may have passed without the support of the growers.

In his article, John Walker points out that exit polling found 30% of "NO" voters supported legalization-- just not 19!

That would suggest that a simple ballot proposal which only focused on the idea of making legal cannabis (in all its forms, including industrial) will pass.

Next, the simple folk wisdom that at the end of the day Prop 19 was a proposal to tax people, and I feel old when I think back to all the very good ideas I have seen, or helped put onto ballots, and even voted on, that dont pass for one basic fact-- the idea to raise taxes is a bad starting position.

Dont get me wrong, Prop 19 was well past deficit neutral, but it certainly appears that the 60-40 rule (when if you propose a tax it has the default position, regardless of issue, of being down 20%-- so to vote in a tax you need a virtual super-majority of enthusiasm, just to get to 51%!) was in full effect here.

So, then that suggests we need to legalize cannabis without creating taxes through referendum.

Finally, at the end of the day, it is certain that those people who operate directly or indirectly with the less than legal aspects of the current #1 Cash Crop, were overwhelmingly against the proposition for a wide range of hallucinations: market prices would drop (making this less profitable); medical marijuana laws would be hampered (which it wouldn't, but for certain operators the same issue of profitability would have potentially come into play); and claims of being poorly crafted (which would not have been as much of an issue because Ammiano would have reintroduced Bill to Legalize, Tax Marijuana, and thus harmonized and cleaned up any outstanding or unclear issues) seems to have been code for "let's not kill the goose laying golden eggs."

To summarize, the initiative that will pass sooner than later, must (a) be simple, clear, and complete; (b) should not prohibit, nor prescribe any taxes or fees; and (c) must be supported by the over ~60% of eligible voters who actually support an end of prohibition-- growers, suppliers, medical marijuana-ists, law enforcement, unions, churches, civic organizations, and maybe even another party (besides the Libertarians) that fully backs the initiative.


To whit the simplest proposal available for every state in every election year until prohibition is ended:

Shall Cannabis, its cultivation, harvest, products, by-products, use, sale, and distribution remain illegal?


Full text of the initiative;

A yes vote shall change nothing.

A no vote shall render all state and local laws against Cannabis void. If so voided, then the people will by force of this vote recommend the matter to state and local governments to establish regulation, tax, and control.


That simple, really.

I think the strategists, movers and shakers are well to get something as simple as this proposal onto a couple of 2011 ballots (maybe CA?).

If this issue can get onto the 2012 ballot in say a dozen or two of the major states where the movement is strong (WA, OR, CA, NV, CO, NM, MT, NE, MN, MS, OH, NC, NY, ME, HI, et. al.), then I imagine there will be an end of prohibition-- doesn't matter if it's 2 months, two years or two decades later-- we are very close to the beginning of the end of prohibition.

This strategy is a simple existentialist dilemma, which is designed only to jeopordize the continuation of Prohibition.


Finally, as I may not write another pro-Hemp article for fifteen days, months, or maybe another 15 years (hopefully not), I would like to re-iterate and respond to the question of why I support legalization:

Our founders had declared that the innate disposition of the character of the American Citizen is a free person who reserves and is granted by the Almighty an inherent right to Life, Liberty and the Pursuit of happiness. Further, the right to privacy is implied within the bounds of social order and safety of the state.

To have something, a plant, literally something that can grow as a weed, a volunteer, that has been misrepresented as in the same category as Heroine, when in fact it is less harmful than Alcohol, and has outstanding benefit to the industry and health of humanity, then as stewards of this little blue marble, we earthlings, must make free that plant, animal, or being. This is the ethical implication.

To arrest people for an activity that human beings have engaged in since the dawn of history itself is madness. This the moral implication.

The definition of Liberty may be argued in massive volumes, but put simply: "the right of the individual to live and pursue happiness within lawful means without infringing upon an other's liberties, nor antagonism towards the state."

As such, so long as we perpetuate false myths, rumors, and stories about reality itself and facts as such, we create a society of suspicious minds (to quote Elvis) that is in genuine conflict with the ideals of Freedom and a right to Pursue happiness.

So long as another American's reasonable expectations of ordinary individual Liberties are being infringed upon, then this implicates us each and all as fellow citizens to understand that some element from our own choices in life may be also similarly put asunder arbitrarily and capriciously by the government. This is the philosophical argument.

And finally, like any good red-blooded capitalist from America, the most important issue is that of making dark markets bright, fair, and regulated places, and spreading the benefits of what is basically a TRILLION DOLLAR industry back unto the populace from whence its also is gainful of those basic services taxpayers provided for these outlaws (yes, as in "when freedom is Outlawed, then only Outlaws will be free!") to be benefitted from the roads, services, and infrastructure whereby the goose may so continue to lay golden eggs, and all of us are granted a right to have geese! Revenues gained by the States and Municipalities from all the new profits would have probably exceeded estimates over time.

***

California just missed a multi-billion dollar chance at a major fifteen to twenty year first-mover advantage!

A New FHA for Consumer Credit: Deficit Neutral and No New Taxes Required

QUALIFIED FEDERAL CONSUMER LOAN PROGRAM PROPOSAL
(CLP) 1-50K

Premiss. In today’s economic reality debt is an admissable “sin,” that is not only permitted, rather it is encouraged on the whole by church and state, so simply we are told to spend, buy, and consume... and this we do.

Debt is a modern reality for every individual, family, and even local government!

As such, we must see that an eighteen year old today looking to become a “college educated,” independent person must then be admittting to entree of no less than $50,000.00 of debt ceiling in a very humble estimate of “standard,” education.

If we are expected to have an “average” college level of training, and earn a “reasonable” salary, then we should pretty much be planning with debt as a reality, not an “escape, or emergency.”

By dealing with debtor’s thinking only in crisis type situation we create and engage in unrealistic, non-methodological, and, often, rash decisions and decision making processes.

This applies to the emblematic purchases, such as mementos, and translates all the way through to extraordinary purchases (home, auto, business, etc.).

So, even college educated, especially the most recently graduated, speaking as the last ‘wave’ (or two) of persons graduated in a similarly desperate Employment Situation, I was similarly disappointed for many reasons (1995, not being the best day to enter into the “economy,” laden with debt loads that at this vantage seem simple and easy) after graduating college. See Affordability.



Imagining a Consumer Loan Program. The image of a pup-tent... Four tent-pegs and a tent post (or two):


Peg One. Using “Sallie Mae-style Rules,” herein referred to as the 1-50K (that’s one dash fifty kay), would require the first fifty thousand in debt of any individual American Consumer to be treated with the forbearance, interest rate restrictions, and fair regulation and rules treatment, similar to if it was a student loan.

The proposal here may potentially include minor Consumer Loan Protection adjustments and improvements to the Sallie Mae Rules, but it does not and should not affect the actual Sallie Mae Program.

A new entity, or possibly branch or division of the Consumer Financial Protection Bureau, is proposed to be sponsored by the government for these purposes, as it relates to individual debt;

(A) Government Guarantee to it’s citizens (for that first $50,000)

(B) Regulate the micro-loan ($1 to $50,000 dollars US) markets, and to a lesser extent simplify the small business lending process ($50,001 to $250,000 dollars US) for micro (under $250,000) business loans

(C) Work with existing regulatory and oversight bodies to ensure consumer protections

(D) Independent oversight to expand recommendations for counsel with various regulatory and economic agencies


Government backing will create a secondary market to resell pools of bonds like Sallie, Freddy and Fannie. In this recommendation, we strongly urge the oversight of regulations and the simplicity and transparency of rules, and suggest this could become a means for clarifying, and making positive change in the bond and securities markets, extant.

Micro-loans, those under fifty-thousand dollars, to individuals, as secured by real property, tangible property, or without security are all considered equivalent in this regard, and refer to those US citizens to whom there is such indebtedness, often above and beyond just this loan amount.

I imagine that if this program and set of reforms were so implemented, by having no required loan minimums, we may expect this provision would create a swarm of micro credit availability and lending programs.

Working in concert with existing laws agencies and institutions, new modified and streamlined rules would allow for a massive wave of refinancing of consumer debt.

In some cases, individual credit may be extended.

This proposal amounts to a non-bankruptcy proposal to the American citizen, and an admission by it’s leaders’ that the economic policies for the last decades have not (i) improved affordability, (ii) fully redressed income or prosperity gaps, nor (iii) have fully redressed income discrimination or dispairities.

Debt is unfortunately inevitable, and we (apparently continue to) follow the example of our leaders.


Peg Two. Consumer Rights, Responsibilities, and Limitations

(A) Interest. Your interest rate may not be usurious. Rates are here proposed to have a regulated minimum of 2.5% and a maximum of 7.5%.

(B) Credit. Your “credit rating” can be calculated by a monkey. Five percentage points between 2.5 and 7.5 percent, create five categories of credit-worthiness:

a. Real Estate Attached and Full Documentation (Only)
b. Tangible Property Attached and Full Documentation
c. Tangible Property Attached and Low Documentation
d. Signature Only and Full Documentation
e. Signature Only and Low Documentation

(C) Limits. Your Loan Limit will be one factor where affordability and litmus tests can come into play. (It’s a government-backed loan, not a guarantee that someone will lend.)

(D) Tax Deduction. Any Interest paid on these loans is a write-off, so long as the item purchased isn’t also being depreciated in the tax year interest is written off.

(E) Business. Aside from a shot in the arm with refreshed credit sources, and credit availability, (S, SE, Sole Proprietorship, and 1099) small businesses and contractors will get an additional allowance of benefit in their own category, and these three elements of credit availability and liquidity combined should act as a serious stimulus for Main Street.

(F) Families. Any individual who claims any (one or more) dependant will automatically qualify for an additional $5000.00 credit limit.

(G) Responsibility. Although any Individual or business may refinance the first amount of debt ant any time, without pre-payment penalties, the debt may only be paid-off, and cannot be discharged through Bankruptcy.


Central Tent Pole. Insurance.

In a counter-balance to the risk of “no BK,” or ‘bankruptcies,’ to the consumer there is, aside from the potential for a secondary market in the government backed securities, another mitigating factor to the macro investors, as well as the creditors themselves.

There needs to be a tent pole in place that assures there is a sound investment proposal, otherwise this becomes a government-propped scheme, as opposed to a government operated trust on behalf of the Consumer.

Although no “insurance requirement” is here recommended to be used as a factor for making any one loan, an “insurance component,” that would be available to be opted in to any loan at any time, and in accordance with Federal and State rules, that allows for the expense of servicing to cover the costs of an insurance premium that benefits the Debt-Holder.

These policies do not have to be that simple, but they should follow some rules of the road, and is here recommended can not add to the expense of having taken the loan.

First off, according to this recommendation, like the loans have no pre-payment penalties, these insurance policies can be bought back by the consumer. After a debt is satisfied, the Debt Holder, must offer the consumer a fair right to redeem the Policy being held on his or her life.

Further, that right (1. to satisfy the debt, and 2. to retain the benefit of policy) is best if it also transfers to one’s legatees, heirs, and/or estate tax free, and no undue delay may be created by the Debt Holder.

Finally, a Debt Holder will be required to follow certain time periods that describe normal and requisite response times from Consumer to retrieve such a benefit.

However, in the event of a default, or the death of any consumer, after following procedure in concert with appropriate notification, waiting and response times, the Debt Holder may be considered in first position to discharge all costs against the benefits of any policy so entrusted, before transferring any fully accounted and audited remainder to the Consumer’s legatees, heirs, and/or estate tax free.

By including this insurance component with the government backed facility, (A) we have a secondary guarantee to have any consumer debt satisfied, (B) we have mitigated risk, so justifying the limits on interest rates and fees.

As Mortgage Insurance does for FHA Loans, so for the Debentures and Debts this private Life insurance market will act to mitigate risks posed by individual Consumers acting as borrowers, and secondarily will have the collective benefit of mitigating risks of recoupment of principle. Overall, this should be very attractive to investors, particularly if these debentures remain dollar denominated.


Peg Three. Resultant Savings.

If any of this remains unclear, for whatever reason, just do some basic research and consumer financial education and find out the difference between a typical credit card loan = a negatively amortized revolving loan with fees and rates between 6.99 and 29.99%, and the proposal here to make a flat rate of forbearable interest, fee restrictions, and a rate range from 2.50 and 7.50%-- this will save the average American family $1152 per year!
-
Just three ideas and a comment, from what would certainly be an eventual plethora as a result of these recommendations, of ways to improve the Consumer outcome in dealing with Affordability and Debenture, as a net benefit from these rule ideas, for this peg of the tent that may all be simultaneously executed:

(A) In Loan Work-outs, refinances, and/or other incentivized restructuring programs, a tax-free savings account (under rules similar to the HSAs [see Health Savings Account]) may be set up on behalf of the Consumer as a “Learning to Save,” qualification for any business that would so seek to be qualified. That tax free account would eventually revert to the Consumer, after all debts have been satisfied. Lawyers, insurance Agents, Brokers, as well as Credit Counselors, Not for Profit Debt Agencies, et. al. would be ideal candidates to assist in this program by becoming tested, qualified and bonded as a credentialed, licensed and recognized Trustee.

(B) In consumer credit devices, a similar tax-free savings account (under rules similar to the HSAs) may be set up as an incentive to qualify for lower interest rates (still have to be between 2.5 and 7.5% however), and may also with certain restrictions be set up as an overdraft protection mechanism.

(C) After a debt has been satisfied, any remainder due the consumer, with or without any insurance component(s), may be set into a new or existing tax-free savings account.

(D) Comment: Creditors are here recommended to be fully compliant as Trustees and meet additional requirements to participate in housing the principle sums for individual Consumers' Savings Trusteeship accounts that qualify for the FDIC sponsored savings program(s), preferable to local banks, Credit Unions, and Bonded Agents already insured by FDIC.


Peg Four. Business.

Loan Limits here proposed: for individual are $1 ~ $45,000 and then an additional $5,000 if you claim any dependant.

If you file Jointly, then as a couple your combined maximum limit for tax-deductable interest payments on qualified consumer loans is $90,000 and then an additional $5,000 for your first, and second $5,000 if you claim any dependants numbering 2 or above.

If you file as a Sole Proprietor, SE, S-Corp, or 1099, then under additional rules you may apply for “SBA Rules,” or 51-250K (that’s fifty-one dash two-hundred fifty kay [as in loan limits from $51 ~ 250 thousands]), which only should have in common with SBA Loans (1) they’re for Business Purposes, and (2) the government acts as backer of last resort.


Otherwise, only a Board of Advisors role is recommended by this proposal to be held something like at an annual meeting between this Consumer Loan Program (CLP) and the Small Business Administration to coordinate and harmonize lending rules would seem to be potentially necessary.

Same Interest Rate Limits as the first tent peg.

Same 5 credit categories as the first tent peg.

Same tax deduction, same everything, except (i.) loan limits go higher (up to $250,000), but may be slightly more restrictive, and (ii.) may potentially have pre-payment penalties, or other restrictions.

Cash flow of the business, credit worthiness, and net worth should all come into play, but ideally not be so inflexible as to stifle our nations Entrepreneurs from getting a second, third, or even fourth chance at success, the pursuit of happiness, and creation of Jobs!


Conclusion to this proposal. Imaging Purpose; The Second Tent Pole.

The government must act as debtor of last resort in order to encourage the Lending Institutions, and the Financial Industry in general, to effectuate a new game plan, which better enables and ennobles our American Citizenry—A Right to Life, Liberty, and the Pursuit of Happiness—all three things that Lending can do when capital is properly employed.

This proposal is intended to be tax neutral, and highly stimulative to the economy.

Finally, I suggest a slogan to this Agency, Consumer Loan Program, or what-have you, and it reads simply:

Indifference and Forbearance


To whit a philosophy:

This agency in its oversight shall be indifferent to the “whom,” and focus only on the ‘what and how’ in order to protect the consumer, detect fraud and abuse, and foster equal lending practices at the micro-Business and individual Consumer levels.

The objective of this agency is to promote the free flow of capital investment to the farthest reaches of our economy.

Policy and procedure are the foundation, Rule of Law the building, and the marketplace of American Citizens shall be the people whom would so enjoin to make Consumer Loans.

This agency shall preserve the mission to forbear, for the Government must lead by example, and that purpose is: (i) a tolerant and quiet strength with efficiency in motion, (ii) an unyielding belief in Americans as a group and as individuals, (iii) and straightforwardness of purpose.

To bring to bear the proper practices available to the Consumer on the economy.

And, to create opportunities for the American Citizenry in their pursuits of Life, Liberty and happiness.

Status Update

I just wanted to be open and accountable to the public about where I am in my various writing projects:

Metaeconomics; took it off market for some re-diting, simplifications, expanded and comparative definitions, and reindexing with glossary. No set deadline.

Eventology Study; about 3/5ths done, but need to create more space for myself to complete the more poetical aspects. Hope to finish by next year's end.

Semi-autobiographical fiction about childhood; thought I was about 1/3 done, but still searching for the structural edits-- I think I may chop off a bunch of this second and first draft... feels years away still.

Crime novel; stuck in research is the simplest way to say that. Beyond which am amazed at our morally gray world, where truth is stranger than fiction. Always said this was gonna take four to six years at least... make it eight!

New historical fiction idea was crystallized for a vehicle and I have developed a very promising first draft outline. Wont be talking too much about this one for quite a while, but am excited to have finally found a vehicle for something I have been pondering... forever?

New economics book regarding "micro-economics," from about a 177 degree viewpoint of the meta-economics text. Should be eminently more readable and relevant... I hope!!

Anyways, just wanted to say thank you to those of my friends (dare I call them fans?) who have not only been reading my work, but been giving me feedback... and seriously amazed at the overall positive scope. That said, if anyone has indeed read my work, and was holding back comments for me that weren't entirely positive-- seriously, please (a) let me know you even have read the work, and (b) your true thoughts and responses. It's the only way I will get better as a writer and communicator!!!

THANK YOU.

BP Aftermath

Knock wood that there will only be an absolute minimum of oil spilt hereafter from the Deep Water Horizon Disaster.

That said, a quick reckoning, and I think the Obama Admin got this right:

My assumptions-- A leak of 80K BBL per Day with a straight line 1% reduction over 86 days to define the various captures, ruptures, and miscillaneous unknown variables (unless BP would like to submit the actual data, instead of somehow going from 1000BBL to 5000BBL to as much as 80000BBL per day-- I feel this method is fair); The fine is $4300 per barrel per day that such oil remains uncleaned;

What we come up with is just about $20BB as of today... BP you better get to cleaning!

(Here is my worksheet [sorry it didn't come out that great, but gotta go]:

Days BBL/dayTOTAL BBLs in MM gal Fine in $MM TOT Fine $BB
1 80000 80000 3.36 $344.00 $0.34
2 79200 159200 6.69 $684.56 $0.68
3 78408 237608 9.98 $1,021.71 $1.02
4 77624 315232 13.24 $1,355.50 $1.36
5 76848 392080 16.47 $1,685.94 $1.69
6 76079 468159 19.66 $2,013.08 $2.01
7 75318 543477 22.83 $2,336.95 $2.34
8 74565 618042 25.96 $2,657.58 $2.66
9 73820 691862 29.06 $2,975.01 $2.98
10 73081 764943 32.13 $3,289.26 $3.29
11 72351 837294 35.17 $3,600.36 $3.60
12 71627 908921 38.17 $3,908.36 $3.91
13 70911 979832 41.15 $4,213.28 $4.22
14 70202 1050033 44.10 $4,515.14 $4.52
15 69500 1119533 47.02 $4,813.99 $4.82
16 68805 1188338 49.91 $5,109.85 $5.11
17 68117 1256454 52.77 $5,402.75 $5.41
18 67435 1323890 55.60 $5,692.73 $5.70
19 66761 1390651 58.41 $5,979.80 $5.99
20 66093 1456744 61.18 $6,264.00 $6.27
21 65433 1522177 63.93 $6,545.36 $6.55
22 64778 1586955 66.65 $6,823.91 $6.83
23 64130 1651086 69.35 $7,099.67 $7.11
24 63489 1714575 72.01 $7,372.67 $7.38
25 62854 1777429 74.65 $7,642.95 $7.65
26 62226 1839655 77.27 $7,910.52 $7.92
27 61603 1901258 79.85 $8,175.41 $8.18
28 60987 1962246 82.41 $8,437.66 $8.45
29 60378 2022623 84.95 $8,697.28 $8.71
30 59774 2082397 87.46 $8,954.31 $8.96
31 59176 2141573 89.95 $9,208.76 $9.22
32 58584 2200157 92.41 $9,460.68 $9.47
33 57998 2258156 94.84 $9,710.07 $9.72
34 57418 2315574 97.25 $9,956.97 $9.97
35 56844 2372418 99.64 $10,201.40 $10.21
36 56276 2428694 102.01 $10,443.39 $10.45
37 55713 2484407 104.35 $10,682.95 $10.69
38 55156 2539563 106.66 $10,920.12 $10.93
39 54604 2594168 108.96 $11,154.92 $11.17
40 54058 2648226 111.23 $11,387.37 $11.40
41 53518 2701744 113.47 $11,617.50 $11.63
42 52983 2754726 115.70 $11,845.32 $11.86
43 52453 2807179 117.90 $12,070.87 $12.08
44 51928 2859107 120.08 $12,294.16 $12.31
45 51409 2910516 122.24 $12,515.22 $12.53
46 50895 2961411 124.38 $12,734.07 $12.75
47 50386 3011797 126.50 $12,950.73 $12.96
48 49882 3061679 128.59 $13,165.22 $13.18
49 49383 3111062 130.66 $13,377.57 $13.39
50 48889 3159951 132.72 $13,587.79 $13.60
51 48400 3208352 134.75 $13,795.91 $13.81
52 47916 3256268 136.76 $14,001.95 $14.02
53 47437 3303706 138.76 $14,205.93 $14.22
54 46963 3350669 140.73 $14,407.88 $14.42
55 46493 3397162 142.68 $14,607.80 $14.62
56 46028 3443190 144.61 $14,805.72 $14.82
57 45568 3488758 146.53 $15,001.66 $15.02
58 45112 3533871 148.42 $15,195.64 $15.21
59 44661 3578532 150.30 $15,387.69 $15.40
60 44215 3622747 152.16 $15,577.81 $15.59
61 43773 3666519 153.99 $15,766.03 $15.78
62 43335 3709854 155.81 $15,952.37 $15.97
63 42901 3752756 157.62 $16,136.85 $16.15
64 42472 3795228 159.40 $16,319.48 $16.34
65 42048 3837276 161.17 $16,500.29 $16.52
66 41627 3878903 162.91 $16,679.28 $16.70
67 41211 3920114 164.64 $16,856.49 $16.87
68 40799 3960913 166.36 $17,031.93 $17.05
69 40391 4001304 168.05 $17,205.61 $17.22
70 39987 4041291 169.73 $17,377.55 $17.39
71 39587 4080878 171.40 $17,547.77 $17.57
72 39191 4120069 173.04 $17,716.30 $17.73
73 38799 4158868 174.67 $17,883.13 $17.90
74 38411 4197280 176.29 $18,048.30 $18.07
75 38027 4235307 177.88 $18,211.82 $18.23
76 37647 4272954 179.46 $18,373.70 $18.39
77 37270 4310224 181.03 $18,533.96 $18.55
78 36898 4347122 182.58 $18,692.62 $18.71
79 36529 4383651 184.11 $18,849.70 $18.87
80 36163 4419814 185.63 $19,005.20 $19.02
81 35802 4455616 187.14 $19,159.15 $19.18
82 35444 4491060 188.62 $19,311.56 $19.33
83 35089 4526149 190.10 $19,462.44 $19.48
84 34739 4560888 191.56 $19,611.82 $19.63
85 34391 4595279 193.00 $19,759.70 $19.78
86 34047 4629326 194.43 $19,906.10 $19.93 )

Status Updates

Although there is a ton of stuff I have yet to make comment on, at this juncture I just want to make some simple updates:

1. Only one Hemp Legalization Initiative made it to the ballot for November. This is the Tax Cannabis version sponsored by the Oaksterdam founder. I think there is only one problem with that, as articulated by the Jack Herer Initiative Sponsors, which is the tax is based upon pre-legalization commodity prices, and so is artificially high. Also, I would guess (blankly, as I haven't gone into the Budget Analysis) that this theoretical commodity price drop hasn't been totally accounted for once supply and demand equalize.

A further consideration is that there would be a "green wave" situation of markets in adjacent States trying to balance supply and demand, so the price should stay in the area of where it is now for a while, but only falsely (due to the pent up demand and high taxation estimated). How the Feds react is the XYZ factor....

Those are the two (the second consideration being a concern in the event of any of the proposed initiatives passing) things I can say that are against.

For: (a) re-prioritize prisons and law enforcement towards more problematic and anti-social problems; (b) generate much needed revenues (conversely, not included by the Budget Analysis [I further blankly guess] would be the knock-on to the state for "Hemp Tourism") for our State; (c) create tremendous small and medium business opportunities... in the non-intoxicating uses of commercial Hemp (building materials, food, paper products, etc.); and although I probably could drone on let's just round this out by saying that technically (d) this is a move to restore property rights, so that those illegal growers would leave our State and National parks alone (once they can just grow in their backyard, or for larger scale operations by permit on a farm).

Right now there is about a 50-50 chance of this passing, but Oaksterdam has quite a few rounds left (plus this could be a very colorful get out the vote season forthcoming).


2. Health Reform. They are now warming up the water that the frog is bathing in. In three years the frog will be ready to serve for dinner. That said, the bill is a pretty good start at equalizing the International disparities of competitive edges other International producers have over our system. We will still be one of the lowest taxed post-Industrialized nations, and still have a lot of room to improve the overall ability of the median person to receive good (let alone preventative) health care. I would like to see more emphasis on people not overeating, and doing regular exercise.


3. I just really want to repost this, because there is still a major disconnect between what is necessary for people to succeed at a fundamental level. Those who say there should be no tax and consequently no government are fooling themselves. The "good ole days," if ever there was such a thing was propped up by the New Deal, FHA, the GI Bill, and Jim Crow-- lest we should forget?


and finally


4. My sister and family continue the very personal battles which is the war on cancer. My step-brother's mother was recently made a board member to Zero. Congratulations!


I am still gathering my macroeconomic and ethical thoughts on the oil flooding into the Gulf as I write, but suffice to say I am at the very least very disappointed.

The 10% (of GDP) Solution

[UPDATED (09/25/09)]

We approach one year since the Government of George W. Bush came to the rescue of Profiteers on Wall Street to create systemic reward for failure in our market driven economy.


Yesterday, Rachael Maddow interviewed Paul Krugman, and

Visit msnbc.com for Breaking News, World News, and News about the Economy

In minute five he begins describing the remedies for the current situation and I will be discussing the statements he concludes by about minute six, and among the other interesting points he made he mentioned that in order to get out of the Great Depression we had WWII which required government fiscal input of ~40% of GDP.


He went on to state that the current stimulus is only about 2.5% of GDP.


Now I am not going to spend time checking to see how accurate those numbers are this morning, and I dont agree with everything Krugman says. That disclaimer out of the way, I will say hes probably pretty accurate on those facts, and it is clear (as he also went on to say) that the political fortitude for such a stimulus plan is weak at best (mirroring the point in the one minute clip I could find above).


SO lets take those facts as a rule of thumb. Lets say the economy is twice as efficient now as it was sixty or seventy years ago; Let grant that this Severe Recession isnt exactly the same as the Great Depression (lets say for simplicity its half as bad adding the broader networking of International markets, exchanges, and trade); and we would need about ten percent of GDP in stimulus to really soar past our current problems!


Now lets assume the government has screwed the pooch with Paulson-Cheney's rescue, and that Obama's versions are still too early to call. All that, according to Krugman yesterday is about 4% of GDP (including cash for clunkers, et. al.).


[Lets apply about 1.5% of GDP for Infrastructure improvements, as my memory from first post to this update was off by 1.5%, so that means] we have about another 6% of GDP yet to spend: So thats about $858BB we can still spend.



1. Thats about the estimated cost for the full Health Reform Bill without any efficiency savings



2. My top ten wish list (inclusive of increased infrastructure and health care inclusive of efficiency savings)


or


3. A Citizens Stimulus



Here's the idea: Instead of giving more money to the moneyed interests, give to the citizens! Let's say there are about 200,000,000 individual and family tax payers; There is about $850BB to give for completion of stimulus which is about 1/4th as strong as how we escaped the Great Depression; then we have about $4250 Credit Amount per individual.



A. Order of the Allthing. In Icelandic and Nordic cultures there was the All Thing which basically reconciled all debts every year-- including debt forgiveness. So here would be the thing which I prescribe;


i. First, subtract Federal back taxes and penalties forgiven up to the Credit Amount
ii. Then from that remainder, subtract State back taxes and penalties forgiven up to the Total Credit Amount (This money goes to the States!)
iii. Next from that remainder, subtract local (real estate) tax liens and penalties forgiven up to the Total Credit Amount (This goes to the local governments!!)
iv. Finally, assuming anything is left over, any outstanding judgements, child support, or other unpaid levies would be forgiven up to that Total Credit Amount



B. The way TARP should have been applied.


i. Citizen give government the right to examine credit records (they ostensibly have this data just from Fannie-Freddie)
ii. Government confirms real outstanding balances from an official capacity via subpoena powers (thereby any institution being usurious or illegal would be committing fraud at a Federal level)
iii. Citizen has time to dispute final balances
iv. Creditor has right to re-validate claim(s)
v. Citizen may elect to have any remainder from Allthing process (above) to be applied to some or all participating Creditors to discharge debts in a class manner



C. Citizen may simply bypass this class bailout/credit restoration process and collect remainder form Allthing process.


SO think about this practically! Lets say 33% have something left over and want to participate in this settling of debts. Lets imagine who the money is owed to? In its current configuration (post-bailouts and mergers) something like 90% of all consumer debts are carried by 5 major institutions.


IF we imagine that Citibank (for instance) then recovers something to the tune of 10% of its consumer debt, doesnt that serve the same purpose of stimulus? It also relieves the consumer, and technically allows Citibank to make new loans!


FInally, if all those bailout moneys had been so applied the amount being discussed would be closer to $10K per person, and if we added the idea that mortgages could be included as direct or indirect beneficiaries to the class settlements or the use of funds by individuals who elected to bypass the settlement process some of the foreclosure and real estate market issues would have been rounded out.


You may say I am a dreamer, but I hope someday you will join me...!

NEW BOOK!

Metaeconomics will be available 04/15/09!

Go to the e-Store and receive the Early-bird After-tax Super-secret Special Discount.

Here is excerpt #2 from the book, which is a part of the Afterword:

My hope here is not for a primacy of one state over any other, nor for one type of person to be considered better or more deserving, yet to find the balance and fair measure of markets to better facilitate the participation of the Earth and her creatures towards a more fruitful co-existence.

I hope neither my language was unduly obscure or scholarly for ordinary people and experts, nor my rubishness in some way distraction for scholars and critics from these very real ideas (and ideals) which I have been quietly developing my entire life by paying close attention.

The primary purpose for the existence of this book is to illuminate and define an appropriate context of very real issues away from demagoguery, fallacy, or foolishness. We are living through a time of extraordinary crisis.

The Free markets decided to ignore their supposed heroes, which would have required in the year of 2008 markets and their component pieces then shatter into a million pieces, and allow the almost Holy Ghost of the Invisible Hand to resurrect the markets, like a Phoenix or Lazarus, whereby each person becomes required to evolve into some other new function (many of which would be [and yet are] the soup kitchens and homeless shelters) to the market which is like a skin covering a body. To hear the skin of the marketplace speak, it would say, “Where am I going?”

To which the body, I here attempt to define, says, “I am you.”

So where should we go?

Markets are society, and the society is a market—just different aspects of the same massive being, just using different ways of measurement.

To subject educational systems, science, and other progression in humanity to the dull thudding whims of executives who actually believe that Gordon Gecko, of reptilian disposition, was right when he said famously, “Greed Works,” is a non-sense, which denies the humanity of the individual.

Yes, greed works, but to a point of diminishing returns and drain of resources whether they be social, political, or spiritual. Relative laws made that statement relatively true… for a while.

At this juncture, that spiritual, emotional, and integral bank account has been fully plundered by the double-speaking defenders of what has now been proven to be relativistic capitalists flocking around the carcasses of Wall Street like a murder of crows.

Now it is left for scientific and rational humen to begin taking full and accurate measure of the true values and meanings of things that are in our economy to which we are all Interdependent. We rely upon it, and it relies upon us… there is no free lunch!

I ask that you take the many carefully considered points to expand the conceptual dialogue between yourself and you, your business and the economy, and your service (or vocation) and others.

Let us shed this old skin towards renewal, for that is the true beauty of not just capitalism, but the nation in which we are so very fortunate to live.

I only pray that we can see a better day soon whereby real value and intrinsic worth is placed in proper context with the society and the marketplace, instead of economics being governed by the political arguments of the day designed to propel one group beyond another group from convenience of that argument, so that a true and fair measure of not just economic progress and prosperity, but of human progress and social evolution, can be made in a real, scientific and calibrative manner.

--J. W. Kilvington, 02/12/2009

Excerpt #1

The book should be available very soon, but in any event I wanted to blog some excerpts as a teaser, and/or to clarify this work of which I am proud.

First excerpt from the Foreword of Metaeconomics: Market Evolution Intuited from Practical Lessons of the Past and Present; A Treatise on the Philosophy of Economics / J. W. Kilvington – 1st ed. Copyright 2009 Kilvington Enterprises All Rights Reserved (contact book@kilv.com for permissions):

By September 17th, everything I thought I knew about Economics was destroyed, and yet made almost clear—as if all the gloss and polymer that never quite made sense about Economics had suddenly gotten out of my way from obstructing a view to truth.

The rabid free-marketeers were gladly going on the government dole like the much decried “welfare mother’s”; the red meat capitalists approximated red flag communists in their approach to problem solving; and in my entire lifetime it had been repeatedly explained that because an individual is responsible for their station in life as we are a meritocracy, the poor are the poor for a reason, and don’t deserve any of that precious tax money from the government.

All these now proven to be argumentum ad nauseam.

To say a thing over and over is not to have necessarily to have proved beyond a shadow of a doubt its truth and validity.

Nixonian cum Reaganomic cum Bushian trickle down theory to dismantle the state edifice of Keynesian New Deal and Great Society systems had officially and irrevocably failed.

The poor were always poor. Carter attempted to swim upstream, and got stagflation. Clinton made a nice presentation piece of the trickle down theories, and did improve the social netting—repairing holes in which people were falling through. But by also opening up new loopholes that added to our current state of affairs the rich kept getting richer.

I have harbored doubts about the circular logic of the trickle down system, its shortcomings, and now its bright line failures—more nationalization of private assets in 2008 USA than 1917 Russia its outcome!

What was the difference between Communist Russia and the obscene display of cowardice by the financial elites last year? Russia privatized means of production, as Marx and the other German Communists prescribed, but the Republicans under Paulson-Bush-Cheney privatized failure!

The lack of judgment, foresight, ability, competence, skill, expertise, ethics, integrity, and any notion or public sense of the higher good was underwritten to the tune of over $3,400,000,000,000 in the waning days of Bush II, a.k.a. “W,” and their cronyistic, nepotistic, and ceaselessly corrupt sense of self service.

That stain shall make irreparable the old ways of the supposed free-marketeer, which we can now see clearly tolerating such massive and self-serving corporations in your market and country is the same as harboring a Pirate in among your shores and counting their loot as part of the regular (taxable) economy—when in fact foul ways are clearly a disruption to the economy for those abiding the rules!

So from my supremely under educated vantage, yet speaking from patient practical experience, I shall attempt to describe my observations of what truly needs to happen to create economic systems wherein: I.) Humen are ensured Life, Liberty and the Pursuit of Happiness; II.) Free Markets can exist; and III.) Anyone can play and succeed in Business upon their efforts, merits and good behavior.

I pray this my work can continue the dialogue necessary in this nation and our world to provide Peace and Prosperity to all who would ask for it.