Tag Archives: Congress

The New Jacobins…..

The Tea Party movement has associated itself with the wrong revolution… they have more in common with the French Revolutionaries than the American. Their character, tactics and goals are consistent with and reminiscent of, the extremists of the French Revolution, organized around a debating society known as the Jacobin Club that took power during the most critical part of the Revolution and will be forever remembered for ushering the infamous period known simply as “The Terror”. Continue reading

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Obama’s Inequality Problem……..Illusory Wealth

Despite elected officials promises to restore the American middle class, we’ve increasing become a country with just two classes economically – the class of people who work for money and the class of people whose money works for them.

Millions of people will enjoy watching Leonardo DiCaprio and Jonah Hill as demoniacal deceptive traders in the Wolf of Wall Street. At some point after they stop laughing, they’ll think about the description of ‘The Market’ as a giant Ponzi scheme and wonder just how much of the wealth of the top 1% is based on creating tangible goods and services and how much of it is ‘wealth on paper’ generated by making successful bets with other people’s money? Continue reading

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