You can’t call Public Purpose Spending “Socialism”

This blog post is republished from an entry posted on August 17, 2016 by Ellis Winningham, who wrote about MMT and modern macroeconomics. The relevant website is now defunct, but this article was retrieved from the Wayback Machine on 9/14/2020, as of 30 May 2018. It deserves to be read, and read again. Any emphasis is mine.


There is an immense problem with the term “socialism”, especially in the United States, where the word is abused endlessly by right-wing politicians, “free market” enthusiasts and now, even liberals have joined the red-baiting bandwagon, labeling former Sanders supporters, many of whom are now Stein supporters as “socialists” and any proposed economic initiatives as “socialism”. This is the result of a successful long-term propaganda campaign of intentional misinformation which causes the general public to view any public purpose spending as socialism and so, they irrationally fear the public purpose. Meanwhile, the 1% reaps the benefits through continued abuse of an unwitting public, allowing them to profit at the expense of the national economy and society. Let me assure you that there isn’t an academic definition of socialism for those of us who possess degrees and then an entirely different one for the general public. It doesn’t work that way. There is only one definition of socialism and we will discuss it today, because the nonsense needs to stop.

Many people think that universal healthcare is socialism. It is not.

Many people think that public schools and free college education are socialism. They are not.

Many people think that welfare is socialism. It is not.

Many people think that police and roads are socialism. They are not.

And many people now think that a federal Job Guarantee is also socialism. It is not.

I mentioned “red-baiting” a moment ago. It’s important to our discussion. Some of you, especially the younger generation, might not know what it is. Back in the 1950’s when the Soviet Union was the world’s enemy and the Cold War was in full swing, prominent politicians were certain of a communist conspiracy afoot in America and elsewhere in the western world and told every American to fear communist subversion.

A whack-job named Senator Joseph McCarthy rose to prominence in 1950 and led a highly un-American nation-wide campaign to root out every last commie. He claimed that communist spies were everywhere, lurking in the shadows, awaiting the opportunity to lure our children in and poison their minds. They could be teaching in our schools, working at the post office, acting on the silver screen, writing books, pumping gas, bagging groceries; they could even be in the highest levels of government. He began accusing people by name of being communist spies and sympathizers. Given the public’s fear of the Soviet Union – the result of intense Cold War propaganda – most people believed McCarthy’s accusations. This caused many to fear ending up on McCarthy’s “hit list” so to speak. The Senator’s tactics became known as “McCarthyism”.

McCarthy’s wild and unsubstantiated accusations, labeling people communists or communist sympathizers, is what we call “red-baiting”. It is a fear tactic that is used today, mostly by those of a right-wing political persuasion, to either derail or totally silence progressive political opinion and initiatives. Because the Soviet Union is long gone, the words communism and communist have mostly fallen into disuse by politicians and the general public. Today, “red-baiting” takes the form of accusing people and their ideas of being socialist. Of course, there are delusional individuals on the far right such as “the Tea Party” who accuse people of being a “fascist, Marxist, socialist commie” (whatever that is), but on the whole, accusing people of socialism is the new “red-baiting”.

Like communism, socialism is seen as un-American, unpatriotic, anti-freedom and most importantly and relevantly, “anti-free market”. If you’ve followed my articles for any length of time, you’ve learned that there is no such thing as a “free market” when a national government like the US federal government, issues its own sovereign currency. Because the market uses the government’s US Dollar, the government has the authority to regulate that market as it sees fit for the benefit of the nation. The market does not make laws and so, does not have the authority to determine what is best for the nation. That is the job of the federal government. In a modern monetary economy, the US government is the monopoly issuer of US Dollars. They come from nowhere else in the world. It is the issuer and since its US Dollar floats freely on an exchange (See FOREX) and is non-convertible fiat, it has an infinite supply of US Dollars at all times. It needs no income to spend. And when you are but a mere user of the federal government’s US Dollar, like the market is, you are entirely dependent on the federal government for your survival. There is no such thing as a “free market” and “free market ideas” cannot successfully function, nor can the market self-regulate for the simple facts that the market has no authority to create laws and it can run out of US Dollars and go broke. Involuntary bankruptcy is not possible for the federal government. It is the sovereign to which the market is subject. With that out of the way, let us turn our attention to what socialism actually is versus what many people incorrectly think it is.

Socialism is the complete control over the means of production by the workers (the people), with government as the people’s central representative authority. It need not be democratic. For instance, in authoritarian socialism, a regime could take charge of the federal government and seize the entirety of production, leaving the people as slaves to the state. Democratic socialism, on the other hand, is the democratic control over the means of production. Here, the federal government controls the entirety of the production infrastructure and the people have a democratic say in employment conditions and the direction output takes. But what is important here is that socialism, whatever flavour, means the complete control over the means of production. It is the throwing off of capitalism altogether and the restructuring of the entire economy and society to one of central planning. Public purpose spending for programmes such as universal healthcare cannot and will not result in the entire means of production in every sector shifting from independent businesses to government control. Such thinking is nonsense.

Because the federal government is the highest public authority and charged with the duty (US Constitution, Article 1, Section 8) to issue US Dollars, it must issue currency with the intent of serving the needs of the public in its entirety, not just a few private individuals and entities. The US Dollar is public “money”; the sole product of the federal government and must be issued for the public purpose. What then is the public purpose? That which benefits the entire nation.

1.) The provisioning of the federal government with goods and services, ensuring that it can properly function for the benefit of the nation.

2.) Military spending for defense of the nation.

3.) Infrastructure – transportation, railways, airports, roads and highways, bridges, power grids and energy resources, hospitals, buildings and ports.

4.) Indefinite full employment which allows for perpetual economic stability, ensuring that whatever the United States produces can be purchased by consumers.

The US government – A public entity. US Dollars – Public currency. All US citizens – The public.

Private markets – Social and individual activities within the national boundaries that are not conducted by agencies of federal, state or local government, nor a function of federal, state or local government, but which are entirely dependent on public funds issued by the federal government to function and are subject to the laws of the land – full stop.

As time advances, new technology arises that enhances the quality of life and the security of the citizenry. The US Air Force is clearly not mentioned in the US Constitution, precisely because nobody alive in 1791 could completely envision a future where man could fly, let alone use the flying contraption for defense of the nation. Hence, the US Air Force was created and is now funded by the US government to meet the needs of the military, or more precisely, to meet the needs of the public purpose.

As the US government is the sole currency issuer and as it has an infinite supply of that currency and as its constitutional duty as that sole currency issuer is to issue US Dollars for the public purpose, only the US government can ensure that infrastructure can be fully modernized, that full employment can be sustained indefinitely, that disease and spinal cord injury research can be properly conducted, that the health needs of the public, whatever the treatment needed, can be completely looked after, that the educational needs of our children and college students can be met without financial hardship.

And so, we continue with our list of what constitutes the public purpose. The question is never “how do we pay for it?” The question is always “Does the United States have the real resources available to meet the needs of the public purpose?”

5.) Education – an uneducated populace hinders today’s economy as well as a future economy by obstructing advances in technology necessary to increase the citizenry’s standard of living and enhance their quality of life as well as the expertise needed to work with that technology. Student loans do not advance education, but rather, damage today’s economy and mortgage the nation’s future by leaving students who are lucky to be employed spending a large chunk of their income on debt, rather than on goods and services today, resulting in unemployment. For those who cannot find a job in their field due to reduced consumer spending, their intellect and input remain idle, thus obstructing the advance of technological development for tomorrow. Those who cannot afford college and do not wish to go deep into debt to pay for it, forego a beneficial education, further compromising a future economy.

6.) Healthcare – an unhealthy workforce is an inefficient workforce, hindering production. An unhealthy populace means a reduced labour supply, which in turn, means reduced output capability. A population burdened by healthcare costs means debt and bankruptcy and so, reduced consumer spending which then contributes to persistent unemployment and reduced output.

There were no iPhones, cars, refrigerators and airplanes in 1791, legs and arms were amputated regularly for injuries that are easily treatable today, dentistry was questionable, people died of diseases that are easily treatable today. You cannot operate a modern monetary economy from a 1791 perspective, unless you are willing to forego all of the advancement from that day to this. Two hundred years from now, things will have advanced even further and that which is related to the public purpose will only expand, along with the federal government’s spending to ensure it. The failure of the US government to advance the public purpose through deficit spending is detrimental to the people’s standard of living, their quality of life and the nation’s security.

Understand me clearly here – a capitalist framework does not imply a restricted public purpose. Whatever technology is developed by private entities using the government’s US Dollar that enhances the quality of life of the citizenry, increases their standard of living and ensures the nation’s security, that technology has a public purpose and the federal government has a duty to fully utilize it for the common good. I am not saying here that the federal government must seize control of the technology and all sectors of production (socialism), but utilize it, fully funding both national programs which the public can access free of charge and fully funding the private entities developing that technology through appropriate levels of deficit spending, resulting in increased consumer spending, thus increased private profits and development (capitalism).

Within capitalism, there is still the federal government at the head. It is the centerpiece of a modern monetary economy and issues the currency necessary which capitalism uses to function. Universal healthcare is not socialism. Free primary and secondary education is not socialism. Police and roads are not socialism. A federal Job Guarantee is not socialism. It is capitalism functioning properly and efficiently within a modern monetary economy.

When the state seizes control over the entire means of production, issuing three and five year plans for production across every, single sector, then you can call it socialism – not before.


Stop listening to the right-wing fear-mongers and talking heads who would have you looking for Bolsheviks under your bed every night. America’s Constitution is sound, and despite efforts by The Thermonuclear Bowel Evacuation Currently Disgracing the Oval Office to destroy everything good that our nation stands for, we will never become a Soviet wannabe.

The Old Wolf has spoken.

A complete guide to The Covid-19, deep state, Illuminati, 5G, Bill Gates, Vaccination, Pizzagate, Benghazi, Obama conspiracy.

Stolen from the Facebook page of a friend; it was deleted by their “anti fake news” algorithm, it being unable to distinguish satire from real information. Saving it here for posterity.


Finally!! A user-friendly guide to the whole 5G-Covid 🦠 Deep State 🇷🇺 Wuhan Obama Paradigm! 🗺

If you are having trouble connecting the dots or understanding how mechanized murder hornet drones 🐝 will vaccinate 💉 world 🌎 populations and bring Bill Gate’s 5G empire 🤴🏻 to the forefront with new 2020 Comet Ping Pong Pizza 🍕 cryptocurrency 💰 funded by Soros and Branch Covidians 🚀 aligned with the 9-11 Illuminati elders, this handy composite guide can help.

Aluminum foil sold separately.

Protect your pets now before the cytoplasmic pipeline between Areas 51 and 57 is completed on July 3rd. 7G is already functional in Cuba 🇨🇺 and parts of Epcot. 🙀 Julian Assange knows this, and is helping Putin and Citizenfour procure 7 billion N-97 masks 😷 to initiate the first wave.

Disclaimer: this is pure parody, in case you need to be reminded.

Understanding persecution

First off, a disclaimer: I’m not a sociologist. I don’t claim to be well-versed in the psychology of racism, bigotry, or prejudice. These are my own thoughts, based on a lifetime of experience and observation from someone born into white privilege and adopted into a generally disparaged faith.

This is a long post. Sorry not sorry.


They taught us about slavery in elementary school. We learned about the ship that arrived in 1620 carrying “twenty and odd negroes.” We learned about how people were stacked in ships like sardines. We learned about the Civil War, and the Emancipation Proclamation. But we learned nothing about what it was like to be a slave, or the 400-year aftermath.¹

A white citizen in America today cannot really know what it’s like to be a slave, or to live as part of a still-oppressed, marginalized, and often brutalized population.² But I can read, and I can learn, and I can empathize. And over time, in the following works, I have gained a glimmer of understanding about what Africans and African-American peoples have had to deal with over the centuries, up to and including today. There are many, many other accounts out there, but these are the ones that have impacted me the most over the years.

If you have a microgram of compassion in your soul, these books cannot help but touch you, and help you to understand what is happening today in Minneapolis and elsewhere, and why.

Go Tell It On the Mountain by James Baldwin, Native Son, Black Boy, and 12 Million Black Voices by Richard Wright:

Baldwin and Wright had different ideas about the black experience and how to chronicle it. Both are seminal writers. Particularly Wright’s Black Boy left me absolutely gobsmacked at what growing up in the South was like for a young man who came to earth with a mind that questioned why life around him was the way it was, and could see the injustice, and express it profoundly and honestly.

A quarter of a century was to elapse between the time when I saw my father sitting with the strange woman and the time when I was to see him again, standing alone upon the red clay of a Mississippi plantation, a sharecropper, clad in ragged overalls, holding a muddy hoe in his gnarled, veined hands— a quarter of a century during which my mind and consciousness had become so greatly and violently altered that when I tried to talk to him I realized that, though ties of blood made us kin, though I could see a shadow of my face in his face, though there was an echo of my voice in his voice, we were forever strangers, speaking a different language, living on vastly distant planes of reality. That day a quarter of a century later when I visited him on the plantation— he was standing against the sky, smiling toothlessly, his hair whitened, his body bent, his eyes glazed with dim recollection, his fearsome aspect of twenty-five years ago gone forever from him— I was overwhelmed to realize that he could never understand me or the scalding experiences that had swept me beyond his life and into an area of living that he could never know. I stood before him, poised, my mind aching as it embraced the simple nakedness of his life, feeling how completely his soul was imprisoned by the slow flow of the seasons, by wind and rain and sun, how fastened were his memories to a crude and raw past, how chained were his actions and emotions to the direct, animalistic impulses of his withering body…

From the white landowners above him there had not been handed to him a chance to learn the meaning of loyalty, of sentiment, of tradition. Joy was as unknown to him as was despair. As a creature of the earth, he endured, hearty, whole, seemingly indestructible, with no regrets and no hope. He asked easy, drawling questions about me, his other son, his wife, and he laughed, amused, when I informed him of their destinies. I forgave him and pitied him as my eyes looked past him to the unpainted wooden shack. From far beyond the horizons that bound this bleak plantation there had come to me through my living the knowledge that my father was a black peasant who had gone to the city seeking life, but who had failed in the city; a black peasant whose life had been hopelessly snarled in the city, and who had at last fled the city— that same city which had lifted me in its burning arms and borne me toward alien and undreamed-of shores of knowing.

Wright, Richard, Black Boy, Cleveland, World Publishing Company, 1937

Black Like Me – John Howard Griffin

This work was a product of the 60s, but is important for a number of reasons. It’s often disparaged as a naïve social experiment that was doomed to failure precisely because the author was white, but I find it a work that brings me back again and again.

No, it makes no sense, but insofar as the Negro is concerned, nothing makes much sense. This was brought home to me in another realm many times when I sought jobs.
The foreman of one plant in Mobile, a large brute, allowed me to tell him what I could do. Then he looked me in the face and spoke to me in these words:
“No, you couldn’t get anything like that here.”
His voice was not unkind. It was the dead voice one often hears. Determined to see if I could break in somehow, I said: “But if I could do you a better job, and you paid me less than a white man …”
“I’ll tell you … we don’t want you people. Don’t you understand that?”
“I know,” I said with real sadness. “You can’t blame a man for trying at least.”
“No use trying down here,” he said. “We’re gradually getting you people weeded out from the better jobs at this plant. We’re taking it slow, but we’re doing it. Pretty soon we’ll have it so the only jobs you can get here are the ones no white man would have.”
“How can we live?” I asked hopelessly, careful not to give the impression I was arguing.
“That’s the whole point,” he said, looking me square in the eyes, but with some faint sympathy, as though he regretted the need to say what followed: “We’re going to do our damnedest to drive every one of you out of the state.”

Griffin, J.Hl, Black Like Me,, 1960

Griffin himself even said,

As I had suspected they would be, my discoveries were naïve ones, like those of a child.

ibid

The entire book has the overriding attitude of “You mean this really happens? This is what life is really like for black people in the South? Yes, the discoveries were simple, and everything was filtered through the mindset of a white man of privilege, but it’s still very much worth reading.

Death at an Early Age: The Destruction of the Hearts and Minds of Negro Children in the Boston Public Schools by Jonathan Kozol:

Above and beyond describing the hideous disparity that existed in the Boston public school system in the ’60s, it shone a light on the vicious racism that took root there. The persona of the “Art Teacher” is especially breathtaking in its ignorance and ingrained evil – she was a master at destroying the souls of children whom she clearly thought belonged to a sub-genre of humanity. Read it and weep.

“All white people, I think, are implicated in these things so long as we participate in America in a normal way and attempt to go on leading normal lives while any one race is being cheated and tormented. But I now believe that we will probably go on leading our normal lives, and will go on participating in our nation in a normal way, unless there comes a time where Negroes can compel us by methods of extraordinary pressure to interrupt our pleasure.”

Kozol, Jonathan, Death at an Early Age

To Be a Slave by Julius Lester:

While this book is aimed at youth readership, its collection of tales from people who actually lived through slavery cannot fail to move adults if they have a shred of humanity.

“One day while my mammy was washing her back my sister noticed ugly disfiguring scars on it. Inquiring about them, we found, much to our amazement, that they were Mammy’s relics of the now gone, if not forgotten, slave days. This was her first reference to her “misery days” that she had made in my presence. Of course we all thought she was telling us a big story and we made fun of her. With eyes flashing, she stopped bathing, dried her back and reached for the smelly ol’ black whip that hung behind the kitchen door. Bidding us to strip down to our waists, my little mammy with the boney bent-over back, struck each of us as hard as ever she could with that black-snake whip. Each stroke of the whip drew blood from our backs. “Now,” she said to us, “you have a taste of slavery days.”

Frank Cooper, Library of Congress

Don’t You Turn Back by Langston Hughes

As described by Nancy Snyder at Bookriot.com, “Langston Hughes was the chronicler of African American life in Harlem, New York City, from the 1920s through the 1960s. Hughes set out to portray the stories of African-American life that represented their actual culture—including the piercing heartbreak and the joy of everyday life in Harlem.” His poetry is beautiful, yearning, and haunting. It should be on the to-read list of anyone who is interested in the human condition.

My People

Dream-singers,
Story-tellers,
Dancers,
Loud laughers in the hands of Fate—
My People.
Dish-washers,
Elevator-boys,
Ladies’ maids,
Crap-shooters,
Cooks,
Waiters,
Jazzers,
Nurses of babies,
Loaders of ships,
Porters,
Hairdressers,
Comedians in vaudeville
And band-men in circuses—
Dream-singers all,
Story-tellers all.
Dancers—
God! What dancers!
Singers—
God! What singers!
Singers and dancers,
Dancers and laughers.
Laughers?
Yes, laughers….laughers…..laughers—
Loud-mouthed laughers in the hands of Fate.

Hughes, Langston, Don’t You Turn Back

Be warned, these books are “products of their times,” and the language used in most of them would be highly offensive by today’s standards. But this is the way it was, and you can’t whitewash it or sanitize it.

We didn’t know nothing like young folks do now. We hardly knowed our names. We was cussed for so many bitches and sons of bitches and bloody bitches and blood of bitches. We never heard our names scarcely at all.

Sallie Crane, Library of Congress.

A recent post (June 2, 2020) on Facebook by Caroline Crockett Brock illustrates poignantly that these attitudes, these experiences are not a thing of the past. They are not just the stuff of history, of Emmett Till and Rodney King and George Floyd and so many nameless others. It relates the experiences of Ernest Skelton, the owner of Grand Strand Appliance Repair Services.

(Ernest Skelton checks out a client’s washer. Photo: Anjali Patel/WPDE).

When Ernest, my appliance repairman, came to the front door, I welcomed him in.

As this was his second visit and we’d established a friendly rapport, I asked him how he was feeling in the current national climate.

Naturally, he assumed I was talking about the coronavirus, because what white person actually addresses racism head on, in person, in their own home?

When Ernest realized I wanted to know about his experience with racism, he began answering my questions.

What’s it like for you on a day-to-day basis as a black man? Do cops ever give you any trouble? The answers were illuminating.

Ernest, a middle-aged, friendly, successful business owner, gets pulled over in Myrtle Beach at least 6 times a year.

He doesn’t get pulled over for traffic violations, but on the suspicion of him being a suspect in one crime or another.

Mind you, he is in uniform, driving in a work van clearly marked with his business on the side. They ask him about the boxes in his car–parts and pieces of appliances.

They ask to see his invoices and ask him why there is money and checks in his invoice clipboard. They ask if he’s selling drugs.

These cops get angry if he asks for a badge number or pushes back in any way.

Every time he is the one who has to explain himself, although they have no real cause to question him.

Ernest used to help folks out after dark with emergencies.
Not anymore.

He does not work past dinnertime, not because he doesn’t need the business, but because it isn’t safe for him to be out after dark.

He says “There’s nothing out there in the world for me past dark.”

Let me say that again. Ernest, a middle aged black man in uniform cannot work past dark in Myrtle Beach in 2020 because it’s not safe for him.

He did not say this with any kind of agenda.
It was a quiet, matter of fact truth.
A truth that needs to be heard.

Ernest has a bachelors in electronics and an associates in HVAC.

Ernest says most white people are a little scared of him, and he’s often put in a position where he has to prove himself, as though he’s not qualified to repair appliances.

After getting a job for 2 years at Sears appliance, Ernest started his own company, one he’s been running for several years.

He is the best repairman we’ve had, and has taught me about washer dryers and how to maintain them myself, even helping me with another washer/dryer set and a dishwasher without charging me.

I highly recommend his company, Grand Strand Appliance.

Ernest doesn’t have hope that racism will change, no matter who the president is.

His dad taught him “It’s a white man’s world”, and he’s done his best to live within it.

When I asked him what I could do, he said, “everyone needs to pray and realize we’re all just one country and one people”.

I am a 45 year old white woman living in the south.
I can begin healing our country by talking frankly with African Americans in my world—by LISTENING to their lived experience and speaking up.

I can help by actively promoting black owned businesses. That’s what I can do today.

Let’s start by listening and lifting up. It’s that simple.
#listenandlift

The Watts riots. The Rodney King riots. The George Floyd riots. These are “the methods of extraordinary pressure to interrupt our pleasure” that Jonathan Kozol mentioned. Taken by themselves, the destruction and looting are senseless and wrong. Taken in the context of 400 years of systemic oppression, they are entirely understandable. These things happen because the white establishment refuses to listen, to understand, and to act.

The BLM movement is being used by opponents of progress and maintainers of the status quo to show their ignorance. There is no implied “only” in front of “black lives matter.”

An exquisite example of this happened in 2016, when a supposed group of law students wrote a letter to Patricia Leary, a professor at Whittier Law School, taking her to task for wearing a BLM teeshirt “on a day in Criminal Procedure when we were explicitly discussing violence against the black community by police.” ³ Images of the letters and concomitant transcripts can be found at Imgur; the professor’s response to these entitled and presumptuous brats is a takedown worthy of 1998, when the Undertaker threw Mankind from the top of Hell in a Cell, and he plummeted 16 feet through an announcer’s table.⁴

Of course all lives matter. Despite the fact that there are pervasive problems of racism, discrimination, racial profiling, and unwarranted brutality among police departments today, blue lives matter too. But as mentioned before, BLM is not about “only” black lives. It’s a movement because black lives are the ones that have been being – and continue to be – devalued and oppressed and taken.

Two recent artistic representations of current events:

We are at a difficult and critical juncture of our nation’s history right now. Things could go a number of ways. It’s not inconceivable that given the attitudes of our current leadership, we could see a Tienanmen Square type of event in our country. Or much in the way of Occupy Wall Street, the BLM movement could peter out into irrelevance and we could see a return to the status quo. These are extremes. It is my hope that the momentum gained in recent times will continue, and that rational heads will prevail, because we owe it to our founders to preserve the republic that they gave us.

Edit: This belongs here.

The Old Wolf has spoken.


Footnotes

¹ Just in passing: Most of the kids in my class were white and Jewish. I was one of only three goyim. There were two black kids. Most of us have stayed in touch for 65 years. We never heard from the black kids again, even though we tried hard to find them for our 50th reunion.

Edit: recently found one – he was delighted to be contacted!

² Some white people in this country know what it’s like, even if for a brief time. I refer you to the depredations suffered by members of the newly-formed Church of Jesus Christ of Latter-day Saints as they were cursed, hunted, slaughtered, mobbed, abused, robbed, subject to a statewide legal extermination order, and driven west across the country from 1830 to 1847. It was a small taste of what slaves and their descendants have suffered for over 400 years. But the point is that unless you’ve experienced this kind of systemic hatred and persecution first hand, you can’t really understand what it’s like.

Edit: It occurred to me some time after writing this post that understanding persecution does not always automatically translate into compassion and sensitivity. The history of the Latter-day Saints with regard to people of color is unenviable.

³ Although the text has been widely shared with critical details redacted, Inside Higher Ed posted the relevant details to show that this was an actual event that really and truly happened.

⁴ With thanks to redditor u/shittymorph for the useful reference.

An Ode to Trump

This was originally an “Ode to Berlusconi,” written in Italian, which I published earlier. I think it deserves a bit of cultural appropriation; it’s brilliantly crafted. The English translation ©2020 by Old Wolf Enterprises, Inc.

Il Presidente Trump si puo’ definire un por-
tento di abilita’, oltre che un uomo politi-
co di prim’ordine. Meriterebbe di essere de-
cantato con rime sacre come ad altri è gia’
capitato. Meriterebbe un monumento di ster-
minata mole marmorea che fungesse da e-
co indistruttibile nei secoli, in modo che il fe-
lice e caro nome di questo grande comunica-
tore potesse tramandarsi in eterno. Stron-
catore di malgoverni e uomo tutto d’n pez-
zo come nessun altro, il cavaliere ci incu-
te rispetto e ammirazione. Di Trump si par-
la in lungo e in largo e ci condurrà fino alla mi-
tica era di benessere con la sua onesta faccia e
seria. Tutti noi cittadini dell’America unita scor-
giamo in lui l’uomo del destino e perciò lo sor-
reggeremo con tutte le nostre forze nel mu-
tevole clamore delle folle, alzando un applau-
so a Lui e al suo Governo!
President Trump can be defined as a marvel of ability, and in addition, a first-class politician.  As has been done for others in the past, he deserves to be extolled with sacred rhymes. He is worthy of a marble monument of immense size which would serve as an indestructible echo through the centuries, so that the beloved name of this great communicator might be known throughout eternity. A man who crushes misgovernment, a man of impeccable character like no other, this knight arouses within us feelings of respect and admiration. Trump is spoken of far and wide, and with his honest and serious face, he will lead us into that mythical era of prosperity.
All citizens of a united America see him as a man of destiny, and as a result we support him with all our energy amidst the ever-changing clamor of the crowds, raising plaudits to him and his government!

Now…
Read Every Other Line…

Presidente Trump si puo’ definire un por-
co di prim’ordine. Meriterebbe di essere de-
capitato. Meriterebbe un monumento di ster-
co indistruttibile nei secoli, in modo che il fe-
tore potesse tramandarsi in eterno. Stron-
zo come nessun altro, il cavaliere ci incu-
la in lungo e in largo e ci condurrà fino alla mi-
seria. Tutti noi cittadini dell’America unita scor-
reggeremo con tutte le nostre forze nel mu-
so a Lui e al suo Governo!
President Trump is a first-class pig. He deserves to be beheaded. He is worthy of a monument of dung, indestructible throughout the centuries, so his stench might be passed down through eternity. A turd like no other, he buggers us far and wide and will lead us into misery. With all our energy, we citizens of a united America will fart in the face of Trump and his government.

The Old Wolf has spoken.

We deserve way more than we’re gonna get

This is a bit modified from something I saw in a meme dump recently. That one was about relationships, but this one is about all of us and our relationship with our nation’s leaders.

No matter who gets elected in 2020, whether it’s the Orange Screechweasel or Joe Biden, we’re not even going to get the bare minimum.

The current *administration is dedicated to self-aggrandizement and personal enrichment; The Thermonuclear Bowel Evacuation Currently Disgracing the Oval Office is a pathological narcissist and serial liar, and Moscow Mitch is concerned only with his ego-orgasms every time he spites the Democrats.

While you can be sure I’m going to cast my vote for Biden if he’s anointed the official Democratic candidate, and I’ll do so with only a little less gall rising in my craw than I had in 2016 when I pulled the lever for HRC, it’s not what I want for our nation.

Instead of this clown-circus dumpster fire, I want a government that is driven by one principle and one only:

“If it doesn’t make the world a better place… don’t do it.”

Robby Novak, “Kid President”

I want a government that is willing to play in the World Game, defined by R. Buckminster Fuller as:

“[Making] the world work, for 100% of humanity, in the shortest possible time, through spontaneous cooperation, without ecological offense or the disadvantage of anyone.”

This isn’t pie in the sky. This isn’t utopia. It could be done if human beings would drop their “us/them” mentality, and stop with the “I’ve got mine, screw you” philosophy. Many humans would be willing to do this. The ones who won’t… well, that’s why we need government regulation. Trust busting. Taking down the robber barons. Punishing the Enrons and the Wells Fargos and the Bank of Americas. Taking on the Facebooks and the Amazons, closing loopholes that permit companies and the super-rich, legally, to avoid paying their fair share of taxes by offshoring profits and other accounting skulduggery.

And it’s been done in the past – just have a look at history. When the people of our nation got tired of being treated like serfs, they rose up and elected men and women who were willing to make the world a better place. FDR was a democrat, and he gave us the New Deal programs. Eisenhower was a Republican, and he kept the world at peace, balanced the budget three times, ended the Korean war, gave us the Interstate system, and sponsored the Civil Rights Bill of 1957¹.

I want people like this again. They were not perfect, but they gave a rat’s South-40 for you and me, and our kids, and everyone. What we have now is a disgrace, a sham, and a grave embarassment to the Republic our founders gave us.

Unless some miracle happens, American’s best chance for a democracy that works for everyone, with no one left out, was sidelined by the moneyed interests of the Democratic National Committee. Bernie Sanders offered an opportunity to elect someone who wasn’t bought and paid for by superPAC dollars, instead of the corporate shills who pretend to represent their constituents.

Congress should be killed. : killthosewhodisagree

So whatever happens in 2020, it’s not going to be what America deserves. But the dream is still alive, and the struggle continues. If we keep working, new torchbearers will arise to carry that dream into reality. I may not be around to see it, but perhaps my children and grandchildren will.

As long as I have breath, I will continue to fight.

The Old Wolf has spoken.


¹Sadly, the bill was amended by Congress which severely weakened its effectiveness, but it was a worthy effort.

You Can’t Take the Sky From Me

Image: Gabe Pyle via Woot! Shirt

Yesterday Bernie Sanders ended his campaign. After 7 years of supporting his runs for President, it was a difficult moment. I will take exactly 24 hours to grieve for the lost dream of an administration that would put the American citizen first, instead of wealthy corporations and oligarchs… and then I will go back to working for that dream, much as Bernie has done for the last 4 decades in the face of continual opposition and derision.

It will happen. Just not on this day.

Political winds shift regularly, and the political pendulum swings over time. What makes the “Bernie Revolution” so critical in our day is that the pendulum of ideology has swung so far to the right over the last 40 years that putting a moderate or centrist Democrat in the White House will only be good enough to slow the progress of our society toward an evangelical fascist nation, the beginnings of which have been painfully evident in the most gangrenous *administration I have experienced in my almost 70 years of life.

America doesn’t need a moderate right now, it needs a more radical approach to governmental transformation, and Bernie would have been just the ticket.

There’s an old aphorism floating around out there that basically says “If you aim for the trees you’ll hit the ground, but if you aim for the stars you’re more likely to hit the trees.”

Anyone who’s ever practiced archery or marksmanship knows this. If you want to shoot higher, you need to aim much higher than your target, and any candidate who tries to get elected by promising to preserve the status quo is guaranteed to hit the ground and not the target, only dooming America to a continued march toward corporate-funded despotism.

Bernie had thoughts about just about everything. For reference, a basic list of his positions, consistent over decades is found below.

Capital Punishment / Death Penalty: Abolish it
Cash Bail Reform: End it
Cocaine Sentencing Disparities: Scrap the disparity
Mandatory Minimum Sentences Reform: Eliminate them
Private Prisons: Eliminate them
Election Security: Mandate paper ballots
Affordable Housing: Construction funding, rent control and taxes to curb speculation
Big Banks: Bring back Glass-Steagall
Income Inequality: Raise taxes on the wealthy, create new social programs
Minimum Wage: Raise the federal minimum wage to $15/hour
Paid Leave: Support several months of broad paid leave
Reparations: Study reparations
Charter Schools: Restrict charter school growth
Cost of College: College should be free
Student Debt: Cancel all student debt
Teacher Pay: Boost teacher pay
Campaign Finance: Unlimited spending should not be allowed in politics
Electoral College: The Electoral College should be eliminated
Felon Voting: Felons should be allowed to vote while incarcerated
Nuclear Power: Support closing down existing nuclear power reactors
Oil and gas drilling: Ban fracking everywhere
Reducing carbon emissions: Impose government regulations
Farm Economy: Break up agribusiness
Farming and Climate Change: Pay farmers to adopt climate-friendly practices
Nutrition: Universal free meals in schools
Rights for Farm Owners and Workers: Expand farm worker protections, but no specific plans for USDA civil rights
Assault Weapons: Support a voluntary buyback program
Background Checks: In favor of universal background checks
Bernie Sanders’ views on: Abortion
ACA / Coverage Expansion: All in on Medicare for All
Drug Costs: Importation and patent breaking
Medicare For All: Medicare for All or bust
DACA: Citizenship for Dreamers
Illegal Entry: Repeal the statute
The Wall: Don’t support additional wall funding
Transportation: Boost infrastructure spending, but no stated funding mechanism
Legalizing Marijuana: Legalize it
Marijuana Convictions: Scrapping past pot convictions
Defense Spending: Slash the defense budget
Overseas Deployments: Bring the troops home
Capital Gains Taxes: Increase the capital gains tax rate
Corporate Income Taxes: Eliminate tax breaks for “offshoring.”
Wealth Taxes: Create special taxes on wealth
Rural Broadband: Create a public option for broadband
Social Media: We should consider holding companies legally liable for user posts
Tech Competition & Antitrust: Break them up
China: Support the goal, change the approach
NAFTA / USMCA: Against the USMCA
Tariffs: Use tariffs to crack down on certain countries
TPP 2.0: Oppose joining CPTPP or opposed TPP

I don’t think even the most radical of Bernie’s supporters convinced themselves that every one of these platform planks could be enacted into law. But every one is something that would make life better for all citizens, not just Democrats.

If we could get the three I have highlighted in red enshrined in American law – A decent minimum wage, universal single-payer healthcare, and repealing Citizens United – it would go a long way toward creating a better life for every American.

There’s no question that I’m sad. I know that there are people out there who will be exulting in the copious “liberal tears” that are being shed at the moment, and I’m sad for them as well – because they’re essentially cutting off their nose to spite their face.

Bernie will continue serving the American people without compromising his principles as a senior Senator as he has always done, and until he can serve no more. There will come a day when he will go the way of all the earth, and it is my fervent hope that there will be those who come after – young people like AOC, or others who have not yet arisen – who will mature in government service and pick up Bernie’s torch. In the meantime I will do what I can to support progressive candidates who will work to build a world that works, in the words of R. Buckminster Fuller,

“for 100% of humanity, in the shortest possible time, through spontaneous cooperation, without ecological offense or the disadvantage of anyone.”

Thank You, Bernie Sanders

As I commented to a Facebook acquaintance, I am approaching the twilight of my life, and in these uncertain days one never knows how much time is left. When my own time comes, I need to be able to go down to my grave knowing that I did all that I could to leave the world a better place for my children and grandchildren; I need to be able to look them in the eye and say that I voted for freedom, for prosperity, for equality, and for human dignity. For me – and your mileage may vary – to support the current occupant of the White House for another 4 years would be voting to keep my posterity in a state of servitude to the wealthy, to say to them in effect “You must remain poor. You do not deserve a living wage. You do not deserve affordable healthcare. In order to get an education, you must undertake a lifetime of debt. You girls do not deserve the right to choose your destinies, you must submit to abuse at the hands of any man who feels like you are nothing more than property, and if you happen to become pregnant, too bad for you. You have no choice.” This I cannot do.

The Old Wolf has spoken.

That 1.5 Trillion-dollar “bailout”

This was posted to Imgur by a user whose name is less than family-friendly, but (s)he put some good information out there that I wanted to share. If you want to see the original, click here.

I have cleaned up the text a bit for readability and only bowdlerized a few things for family consumption.


I’m not a fan of the current administration, but what they did today isn’t a bad thing and it wasn’t a Wall Street Bailout.

Of the $1.5T available today, $297.55B was loaned out with $125B loaned out as a 1 day contract. I hope this helps simplify some things for you peeps. I know it’s not perfect and I doubt this even makes it out of user sub, but to heck with it. I tried.

$1.5 Trillion Wall Street Injection

I’m seeing a ton of misinformation about what happened today with the Fed “injecting” $1.5T into the market and figured I’d teach a few people about what it actually is. I’ll keep it as simple as I can and know that it is more complicated than I’m making it out to be, I’m just lazy.

Fancy words to know:

Repo – Repurchase agreement
Repurchase agreement – Fancy term for line of credit
Fed – the Federal Reserve

“ThEy COUID hAvE glvEn AmErlcAnS $XXXX InStEaD oF BAILİNG OuT tHe RICH”

“EaT tHe RiCh”

No. Just no.

On average, 2 to 4 TRILLION dollars are traded as Repos EVERY DAY. It’s a short term loan backed by bonds, securities, and other things that have a set value. It’s somewhat similar to borrowing $1,000 on your car that’s paid off and worth $5,000. You get cash immediately, but you will have to pay interest.

You pay less interest the faster you pay it off.

These daily Repos are usually on 1 day contracts.

Ever had a money market account?

Wondered where the interest came from? A lot comes from Repo and Reverse Repo operations. Everyone should have one, it’s free money.

So what happened today?

The Fed saw the stock crashing and how the virus is affecting certain industries, i.e. cruise lines, and said “Welp, these folks are in a bad way… for like, at least a month or two.” So Cheeto-in-Chief and the powers that be opened up a $1.5T line of credit for banks, financial firms, and primary dealers. As I said earlier, these are usually 1 day loans with low interest rates. Longer term loans are available but the interest rates go up with the longer terms

The new $1.5T repo operation has much longer terms with low interest rates.

How does this affect/help the American people?

They are anticipating small businesses struggling in the coming months with quarantines and shutdowns and other things so they want make sure they don’t fail. That small business goes to the bank to get a loan to weather the storm, the bank is then able to draw on the $1.5T and give the small business a low interest rate (and Fed rate cuts) because of the low interest on the $1.5T.

Hate the current administration all you want but this was done to help keep the economy going when this virus gets nasty. Think about Carnival cruise lines. They are doomed for a hot minute but they have thousands of employees depending on their employer that isn’t currently making any money. Carnival needs money for operation costs, insurance, paid sick leave, and debts. With no cash flow, this will be their last hope to make it through as long as they can.


My thanks to this user for making some things clearer for those of us who got “C’s” in Econ 101. I am definitely not a fan of the Orange Screechweasel and his *administration, but what they did here will ultimately benefit many people whose businesses might otherwise have gone down the drain.

The Old Wolf has shared.

Another day, another shooting.

This was an odd one. It happened at a Naval Air Station, where people essentially carry weapons for a living. So that muddies the water a bit. And, it turns out that the perp was a Saudi national, and an aviation student to boot, which raises a *whole* lot of questions in my mind, but that’s a discussion for another day.

Before anything else, my heart is broken for those impacted; the victims, their families, and their loved ones. People die every day from all sorts of reasons – illness, unavoidable accidents, natural causes, even violence – but death by terrorism is especially hard on those left behind. And I make no apologies for calling it that. I am deeply sorry for your loss.

But now comes the summum bonum of this post: According to CBS News, ” The number of mass shootings across the U.S. thus far in 2019 has outpaced the number of days this year, according to a gun violence research group. Before this year has even ended, 2019 has already had more mass shootings than any year since the research group started keeping track.”

This doesn’t even take into account the little ones. Individual shootings by unbalanced or patently evil people. As of today, the total is 36,518. Now, in terms of national statistics, that’s only roughly 3/4 the number of deaths by suicide from any cause, according to the CDC, and almost the same number as automobile fatalities in 2018. So some might argue that in terms of overall numbers, it’s not a big deal.

But it is. It’s a big deal. It’s too many, and too horrible, and too traumatizing, and gun violence takes adults, and children, and breaks hearts and shatters families and reduces our safety (the NRA would argue the opposite) and the quality of our life.

Image result for 2nd amendment

So here’s the question, directed at those of my friends and associates who fall on the “cold, dead hands” side of the equation:

What are you going to do to stop this carnage. What are you doing right now to make sure that guns don’t get into the wrong hands, the hands of people who will use them to destroy the innocent?

I exhort you: don’t get me wrong. I support the 2nd Amendment as long as it remains part of the Constitution.

These are patches and such that I earned as a youth. I remain proud of them to this day. I learned gun safety and responsibility and enjoyed target shooting immensely. (Thanks, Hutch.) We own a 30-30. I’m not a “gun grabber,” as the NRA loves to pigeonhole people who advocate for gun control. But the situation today has far exceeded what I consider madness.

The courts have repeatedly ruled that you have the right to assemble an arsenal that would be the envy of a small nation. I think that if the Founders, in their wisdom, could see what that those 27 words had wrought in our day and age, they would weep in outrage and promptly need to go home and change their pants. But that’s my interpretation, and the wisdom of the 2nd is not what I’m discussing. It’s a fact, and we need to deal with things as they are.

I think our nation would be far safer if there were no guns in private hands, but if the right to bear arms is never going away, it needs to be tempered with a responsibility to bear arms safely, and I support treating guns in the same way we treat cars, none of which contravenes the wording of the 2nd Amendment:

  • Gun owners should be trained, licensed, and insured for each type of weapon owned.
  • All weapons should be annually registered, inspected, and taxed.

So what are your solutions? How will you preserve your rights and still stop the daily carnage? Change my mind.

Go.¹


¹ Note: I’m inviting comments for this post, despite the fact that it’s a divisive and often inflammatory issue. I have attempted to be as impartial and even-handed as possible in laying out my feelings. Comments that are ad-hominem attacks (i.e. “You gun-grabbing pussy!”) or not based on reason (“I disagree!”) will simply be deleted without ever being seen. I want to know how you would fix things, and preserving the status quo is not an option. So choose your words wisely.

Satire: It’s legal, Madam.

Some folks have really, really thin skins.

Image may contain: 1 person, smiling, text

I suspect Ms. Parker, whoever, she is, has never been inside Barnes and Noble… or any bookstore for that matter. Peruse the shelves of any respectable bookseller, and you’ll find works from every point along the political spectrum, from Holy, Holy God, Thank You For Appointing Trump Emperor of the World (I’m sure something similar exists) to Bob Woodward’s Fear, and anything inbetween. ¹

The Humor section will be chock-full of collections of political cartoons from such geniuses as Pat Oliphant, who pilloried everyone that deserved it regardless of political affiliation.

If Ms. Parker’s train of thought were carried to its very illogical end-of-line, every bookstore in the world should be boycotted for carrying an item that someone happened to find offensive.

It’s called “The First Amendment.” Satire and Parody are Constitutionally protected speech.

But in one thing, Ms. Parker is right. This book is very disrespectful; comparing 45 to a pig is most unfair to the pigs of the world.

The Old Wolf has spoken.


¹ Someone needs to write this book: