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	<title>Economic Trends Journal &#187; socialism</title>
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	<link>http://economictrendsjournal.com</link>
	<description>a journal on the economy</description>
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		<title>The Passing of Ted Kennedy, is the Passing of Every Man</title>
		<link>http://economictrendsjournal.com/blog/the-passing-of-ted-kennedy-is/</link>
		<comments>http://economictrendsjournal.com/blog/the-passing-of-ted-kennedy-is/#comments</comments>
		<pubDate>Sat, 29 Aug 2009 20:30:06 +0000</pubDate>
		<dc:creator>simon</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Marxist-Fascist Economic Trends]]></category>
		<category><![CDATA[death]]></category>
		<category><![CDATA[socialism]]></category>
		<category><![CDATA[Ted Kennedy]]></category>

		<guid isPermaLink="false">http://economictrendsjournal.com/blog/the-passing-of-ted-kennedy-is/</guid>
		<description><![CDATA[Death, no matter how violent, how painful, how wasteful or for that matter useful, the exhaustion as life wanes from the body itself is nothing short of indifference.  Although in the prime of life man thinks of his life as all powerful , should he reach the height of the Senate or just man with [...]]]></description>
			<content:encoded><![CDATA[<p>Death, no matter how violent, how painful, how wasteful or for that matter useful, the exhaustion as life wanes from the body itself is nothing short of indifference.  Although in the prime of life man thinks of his life as all powerful , should he reach the height of the Senate or just man with a tin cup  on the corner begging for a job to support his family, his  breath will only leave of its own accord.</p>
<p>When old people die, from weakened state of sickness with organs having been stretched to the limit in life as if the body were indestructible have their revenge be it but a fleeting one.  Yet the brain, the seat of the mind undergoing a violent socialism as the vital resources of the system demand all production in the name of the state, make his death bed behavior and the nature of this time a sad reflection considering a life of privilege or one with a hand stretched out.</p>
<p>So it is at this time that those with superstitions, religious crosses, or political aspirations show the cards of their tarot, some in fear others with something to profit from, as if dying, crossing over, were much more of a consequence to benefit from  than presenting useless words that gain nothing but raising the white flag of surrender to a power that knows no fear, that has no death, that embraces all and shows no forgiveness but is forgotten by the living until the time is right.</p>
<p>And so the solemn bystanders with tears, testimony and transcendence offer in silence and emotion their own respects others inveigh a conscious vanity, comic if it were not for the seriousness of the matter at hand with a comment such as:</p>
<p>“<a href="http://abcnews.go.com/Politics/TedKennedy/story?id=8420408" target="_blank">Ted Kennedy’s dream </a>of quality health care for all Americans will be made real this year because of his leadership and his inspiration,” said House Speaker Nancy Pelosi in a statement.</p>
<p>The serious way in which the death of every man who for a time lays in state, is watched by the living and how his body is treated at this time, though the soul departed, shows the inner character of the mortal man in attendance be it with love in their hearts or evil to gain, as if the life and sacrifice of it in the face of eternity  would give a damn for either.</p>
<p>In those who would carry on, in fleshy atomic cloths hoping to ring some amount of compensation and repayment as if life were to be forsaken, may find themselves in an exalted state over the lives of others or asleep in their cloths in the gutter, may they but melt into the earth only to be reborn to seek life with a soul that learns to find the infinite free nature of man to the sound of one hand clapping.</p>
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		<title>Obama is the Hammer Bureaucracy the Sickle</title>
		<link>http://economictrendsjournal.com/blog/obama-is-the-hammer-bureaucracy-the-sickle/</link>
		<comments>http://economictrendsjournal.com/blog/obama-is-the-hammer-bureaucracy-the-sickle/#comments</comments>
		<pubDate>Sun, 16 Aug 2009 20:02:29 +0000</pubDate>
		<dc:creator>simon</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Marxist-Fascist Economic Trends]]></category>
		<category><![CDATA[socialism]]></category>

		<guid isPermaLink="false">http://economictrendsjournal.com/?p=1121</guid>
		<description><![CDATA[“The problem with socialism is that you eventually, run out of other people’s money.” – Margaret Thatcher The President and congress keep pushing larger government on the American people and vilifying the private sector.  Both are made up of human beings with all their proclivity to failure and success but institutionally segregated into two groups.  [...]]]></description>
			<content:encoded><![CDATA[<h2><span style="color: #000080"><strong>“The problem with socialism is that you eventually,</strong><strong><br />
<strong>run out of other people’s money.”</strong></strong> – <em>Margaret Thatcher</em></span></h2>
<p>The President and congress keep pushing larger government on the American people and vilifying the private sector.  Both are made up of human beings with all their proclivity to failure and success but institutionally segregated into two groups.  Those who must make a living under their own power and those who require government employment which gives them regulatory power over the private sector. To the extent that this power can be distorted by the Obama-Marxist-Alinski-Fascist model, herein lies the fallacy the root cause to the loss of freedom by the expansion and distortion of governments responsibility.</p>
<p>Government cannot survive without the profit of business to tax, yet at every beck and call the President decries profit and high salaries as the antithesis of devil  worship.  The Obama voodoo economic plan sets upon the private sector as some tree ripe for the picking, nationalizing and incorporating these segments of the economy into non-profit  government run  bureaucracies expanding federal payroll for the purpose of regulation.</p>
<p>There are no checks and balances for the American people when Government bureaucrats over extend their authority.  At the local level there are elected officials overseeing the bureaucracy, at the federal level there are bureaucratic bosses who are out of touch with the private sector that they must prey upon for their financial survival and the survival of their institution.  Whereas the private sector must produce a product or service and offer it for sale at the mercy of the market place there is no such check and balance for the federal government.</p>
<p>While the economy is losing jobs at the rate of 600,000 per month the federal government is growing jobs.  The more employed by government the more they will vote for the party  that will keep them in their job and the more they will prey upon the private sector for the financial food they feel they deserve.</p>
<p>The time of diminishing returns for government is coming.  Governments massive borrowing creating trillion&#8217;s in debt must be repaid, but at the same time GDP is shrinking and the American economy is contracting, an indication of the greatest worldwide depression is here now but unrecognized.</p>
<p>Consider that under the Clinton administration the reporting of CPI and inflation were recreated to include arbitrary adjustments for efficiency due to computers, or choices to buy hot dogs instead of steak so that the comparisons from one year to the next for computing CPI and inflation were skewed with bureaucratic calculations instead of real market data.  What will be found is that real GDP is lower and real inflation is  much much higher than what is being reported.  Essentially, America has been in a recession for a much longer period of time than unerstood.</p>
<p>With a President decrying profits are to blame, in reality it is the fallacious reporting of cpi and inflation giving the president ammunition to call for nationalizing an industry or industries when bureaucracy is lying to the American people about the true cost of goods and services.</p>
<p>GDP the sum total all transactions includes government imputations added to the cost of a house for not having to pay rent, plus the free checking you receive from the bank.  These hedonic adjustments without cash ever changing hands create a 35% adjustment downward to GDP.</p>
<p>Due to these two adjustments GDP therefore is artificially high.  When you divide GDP into debt for example you end up with an artificially low number.  Then when government figures for inflation is subtracted from GDP  to get the real GDP,  the real output of the USA, the figure is not representative of the true cost of inflation.  Remember each percent that GDP is understated represents a full percent that GDP is over stated.  Consider that the reported amount of inflation is 8% greater than reported GDP is actually 43% less than what is being reported.</p>
<p>A $15 trillion GDP for 2008 is really a $8.25 trillion GDP when all the government adjustments are subtracted.  Image a President who knows this information but makes policy decisions to nationalize the economy, to save it from itself, when  it is that very same government that is reporting fake numbers to make its public policy decisions appear justified when the true figures are not reported.</p>
<p>If it were private enterprise making these same reporting lies people would be tried in a court of law and put away.  When Obama and his team of Marxist-fascists use Madoff-ian tactics to steal from America for the benefit of Government bureaucracy and regulatory control where can Americans go for shelter from the storm of socialism.  How can Americans reverse a trend of government control when there are no checks and balances on nationalization in the name of the people.</p>
<p>Visit http://www.shadowstats.com/ to understand the true dollar costs without the government bias figures needed to promote the next wave of nationalism.</p>
<p>As the value of money is over inflated, the cost of goods and services is under valued, the health care debate is over the unreported cost of CPI and inflation, and the purchasing power of Americans is truly shrinking as the economy contracts from job loss and spending reductions the only business doing well is government.  The economy is on its death bed as the politicians grab for more money from an economy that has no more to give, the American government has run out of other peoples money to spend on increasing government entitlements.</p>
<p>Government must borrow more to fund what they cannot afford, instead of serving the people they have become their masters, instead of freedom they have brought the wolf of tyranny in sheep&#8217;s clothing of debt with a hunger for money from a people out of work.</p>
<p>It appears many of the American people have gotten the message, but the liberal communists in government authority are no where near finished licking their ideological chops of power.</p>
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		<title>Obama Dictator in Chief</title>
		<link>http://economictrendsjournal.com/blog/obama-dictator-in-chief/</link>
		<comments>http://economictrendsjournal.com/blog/obama-dictator-in-chief/#comments</comments>
		<pubDate>Thu, 11 Jun 2009 17:36:32 +0000</pubDate>
		<dc:creator>simon</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[fascist]]></category>
		<category><![CDATA[Marxist]]></category>
		<category><![CDATA[socialism]]></category>

		<guid isPermaLink="false">http://economictrendsjournal.com/?p=918</guid>
		<description><![CDATA[Welfare Checks are Capped Why Not Executive Pay! Does America need any more convincing that President Obama is a Marxist-fascist Dictator? Well, if you still haven&#8217;t made the connection how about the government telling the private sector how much money they can take home?  Maybe in Cuba, maybe in Russia, maybe in Venezuela, but here [...]]]></description>
			<content:encoded><![CDATA[<h2><span style="color: #000080">Welfare Checks are Capped Why Not Executive Pay!</span></h2>
<p><em>Does America need any more convincing that President Obama is a Marxist-fascist Dictator? Well, if you still haven&#8217;t made the connection how about the government telling the private sector how much money they can take home?  Maybe in Cuba, maybe in Russia, maybe in Venezuela, but here in America?</em></p>
<p><em>The Supreme Court would not even hear the matter of the Illinois teachers union who were preferred creditors of Chrysler then by fiat per the Dictator in Chief made to take 22 cents on the dollar negating their contract with the corporation.  This was purely a violation of the constitution but the Liberal Justice Ruth Ginsburg made the decision that the matter was not relevant enough to be heard by the court. So America does not even have checks and balances in place to stop the Nazi takeover of contractual law.</em></p>
<p><em>Now should corporations have employment contracts in place that displease the Dictator in Chief he can unilaterally cancel them and the Supreme Court will lick his heals like a lap dog.  Contract law is now under assault by the federal government and where are the people who want liberty, freedom and justice while their country is being sacked by the National Socialist Labor Party once known as the Democrats and Republicans?</em></p>
<p><em>I don&#8217;t know how much longer I will be able to keep up this blog as the federal government will be coming soon to stop any and all opposition to its Authoritarian Rule.  We are a little ahead of the curve here since people are still asleep especially the media, but most outlets have already been compromised.</em></p>
<p><em>Let us remember that abuses of power by &#8220;the Party&#8221; are being buried so as to not bring attention to the constitutional abuses and illegal actions by this unholy administration.  The main stream media is the propaganda arm of &#8220;the party&#8221; as it relentlessly assaults freedom, liberty and the American way of life. </em></p>
<p><em>There are still a few journalists brave enough to bring out the issues although not calling a spade a spade, since many can&#8217;t see the difference between a fascist or a liberal, but the awakening is upon us!<br />
</em></p>
<h2><span style="color: #000080">US government seeks to rein in executive pay</span></h2>
<p>Democrats want to push administration on US corporate pay strategies, by<a href="http://finance.yahoo.com/news/Administration-Rein-in-pay-apf-15500519.html?.v=6" target="_blank"> Jim Kuhnhenn, Associated Press Writer,</a> Thursday June 11, 2009,Democrats on the House Financial Services Committee said Thursday the administration&#8217;s efforts to hector the private sector into reining in executive pay might not go far enough.</p>
<p>The administration contends that excessive compensation contributed to the U.S. financial crisis, but rejects direct intervention in corporate pay decisions.</p>
<p>Instead, the administration plans to seek legislation that would try to rein in compensation at publicly traded companies through nonbinding shareholder votes and less management influence on pay decisions.</p>
<p>&#8220;I do differ with the administration in that hope springs eternal and their position seems to be that if we strengthen the compensation committees we will do better,&#8221; said the committee chairman, Rep. Barney Frank, a Democrat.</p>
<p>Rep. Brad Sherman, a Democrat, said that instead of giving shareholders a nonbinding voice on pay, their votes should be binding on boards of directors.</p>
<p>Democrats and administration officials agreed that companies across the private sector need to adjust compensation practices to avoid damaging the economy.</p>
<p>Gene Sperling, a counselor to Treasury Secretary Timothy Geithner, said administration guidelines call on all publicly held companies to link compensation to long-term performance, not short-term gains.</p>
<p>&#8220;We believe that compensation practices must be better aligned with long-term value and prudent risk management at all firms, and not just for the financial services industry,&#8221; Sperling said.</p>
<p>The committee also heard from officials from the Federal Reserve and the Securities and Exchange Commission.</p>
<p>While the administration has approached the issue with caution, a top Republican said the plans amounted to &#8220;incessant government intervention.&#8221;</p>
<p>&#8220;The president cannot continue his heavy-handed meddling in the private sector and expect it to function, much less flourish,&#8221; said Rep. Tom Price, chairman of the Republican Study Committee.</p>
<p>Alabama Rep. Spencer Bachus, the top Republican on the committee, added: &#8220;We need to get government out of businesses.&#8221;</p>
<p>The administration has drawn a sharp line between the overall corporate world and those institutions that have tapped the government&#8217;s $700 billion Troubled Asset Relief Program.</p>
<p>On Wednesday, it set pay limits on companies that receive TARP assistance, with the toughest restrictions aimed at seven recipients of &#8220;exceptional assistance.&#8221; They are Citigroup Inc., Bank of America Corp., General Motors Corp., Chrysler LLC, American International Group Inc., GMAC LLC and Chrysler Financial.</p>
<p>The regulations limit top executives of companies that receive TARP funds to bonuses of no more than one-third of their annual salaries.</p>
<p>The administration named Kenneth Feinberg, a lawyer who oversaw payments to families of Sept. 11, 2001 terrorist attack victims, as a &#8220;special master&#8221; with power to reject pay plans he deems excessive at the seven companies with the biggest injections of public money. Feinberg also would have authority to review compensation for the top 100 salaried employees at those companies.</p>
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