Why the Loss

You Still Don’t Get It   A good effort in the View, it pointed to inflation, neglect of populist concerns, even the Southern Border. Concluding that they did not do enough for the working population, however, that gets it all backwards. They did too much. Get out of the way and people will produce for themselves far more efficiently. — and govern.   Yet there remains another reason for the resounding defeat. In the late sixties, before most of you remember, both Democrats and Neocon Republicans decided, with the help pf Kissinger, Brzezinski, Nixon, Rockefeller, and Carter that the demands of government far exceeded the capacity of the electorate to govern. Their collective solution from the elite insisted that technology, banking, and multinational corporations with international aspirations far exceeded the wisdom of popular demands. Thus, the Trilateral Commission, reeducation of our youth, propaganda, and censorship under the name of political correctness.   Now, we see political prisoners, abandonment of the first and fourth Amendments, and a totalitarian elitist conduct on the part of Democrats, Clinton on to the Biden Administration. This appears obvious to the populist but hides in denial for those who produce nothing and assume more than their office.   The new Republicans merely re embraced the spirit of America with traditional progressive ideals with a businessman’s twist, replacing the Democratic party and forming a Nationalist Republican party. Its not about Trump, Democrats or Republicans. Our country, our very civilization was at stake. It was actually a win for traditional Democrats and a return to Democratic ideals.   The vote represented the collective wisdom of a majority, probably of all of us not including the 40% who work for the government at some level. A statistician might point out the statistical power of N in calculating the certainty of experimental data. Not only are the collective masses far more intelligent and knowledgeable than and governing body, by dint of numbers they are far wiser.

Inflation

Many retail investors buy individual stocks with growing confidence in a narket that has a long run. Many fail to appreciate the way the market reflects inflation. Company revenue consists of inflated number,s as does cost and profit, thus the market reflects true inflation which must now be near 100%.

Election 2024

The November 2024 election presents a significant challenge, transcending the traditional Democrat versus Republican divide. This election will determine the future of the American Republic, Western civilization, and potentially the survival of the human species. Plato suggested that democracies tend to devolve into oligarchies, and we are witnessing that transformation before our eyes. Three major trends in the U.S. threaten to replace our Constitution and representative government with a totalitarian, internationalist, socialistic oligarchy. First, seventy years of Soviet subversion, the Vietnam War, and generations of youth who were taught to reject American institutions have undermined U.S. leadership. Now, Chinese espionage, bribery, and infiltration further contribute to the erosion of America’s traditions of citizenship, enterprise, and prosperity. Second, NGOs in Washington, an entrenched bureaucracy, and organizations like the Trilateral Commission prioritize international interests over our own. These unelected leaders are committed to globalism, seeking peace through deficit trade at the expense of America’s middle class—other people’s money. Third, corporate, banking, and technology interests are willing to buy influence, votes, and public opinion with power and legalized bribery. Corporate America seeks profits and wealth through international deficit trade , outsourcing jobs, and relocating manufacturing. Multinational corporations, international banking, and technology companies are sacrificing democracy for what they believe is a more efficient, technology-driven governance – and profit. The military-industrial complex further promotes an expansionist foreign policy benefitting from arms manufacturing and exploitive foreign trade.

Utopia

The Devil promises a utopia of worry-free egalitarianism beckoning you to an Orwellian hell of despondency. Its a matter of giving or taking. Work for your family and community supporting the common good, or take from the wealth of those who produce and promise benefits to those who do not and those destroyed by the theft of their own creation.

National Debt

If the Fed were to issue new Bonds at varying maturities, call them P Bonds for people, and use these new bonds to pay down the the outstanding US debt to a functional level, and then credit these P Bonds to all US citizens, it might solve the debt crisis. The American people would own the debt which they already do but would now own the asset and receive the interest. This strategy would return wealth to the middle and lower class from which it was stolen by bad management and return the assets to where it will grow the economy and the velocity of the GDP.

Medical Education

From the perspective of fifty years of medical practice, almost everything the medical bureaucracy did to reduce cost and improve care made it worse. As with any problem, education might best be the starting point. Medical schools must lead the Renaissance of education, six years with a PhD degree and a much more vital role in continuing education and research. There is a need for much more science education in AI, the genome, and quantum physiology. Older physicians should rotate back to their medical schools on fellowships. Research should come in balance with high volume clinical care at graduated low cost. Research must occur in medical schools, not corporations, drug companies, or secret laboratories. Subsidizing medical schools heavily will save wasted dollars elsewhere. The medical school clinics will ensure equal access to all and the highest standard of care. Get corporations out of medicine. A hospital CEO has no business receiving a multimillion-dollar salary. Hospitals do not need a CEO but an administrator and a highly organized nursing staff. The same applies to corporation sponsored insurance. Corporations might provide insurance but should not restrict the choice of providers, nor should insurance companies. Doing so for quality reasons had the opposite effect. Family doctors quit in droves or went into other specialties. Robert Kennedy Junior's book may be controversial, but he validly criticizes corporate capture. Subsidize primary care physicians with RN salary coverage and a small reimbursement for clinic overhead as a visit charge. This subsidy must support after-hour telephone coverage and cover-physician availability. No more, "If this is an emergency, hang up and call 911." End mandatory guidelines. Guidelines are helpful but are inflexible, do not evolve well, do not cover everything, and, most significantly, do not cover multiple problems. Multiple problems are more often the case and frequently contradictory to the guidelines. Reduce the cost of CME and board examinations. Subsidize both. Give back responsibility for credentialing to the county medical society or state society akin to the lawyer's bar. It would be further helpful for county societies to have cooperative help from legal colleagues. Perinatal care needs a limitation to liability, especially for the physician attending a delivery. Liability issues plague the dismal neonatal mortality rates. Some protection is necessary to allow family doctors and obstructions to risk obstetric work and give common access to prenatal care. The distribution of healthcare remains a problem. Medical schools might provide extensions to rural areas. Six years of medical school would yield more clinical and laboratory research and the providers necessary for rural healthcare coverage, quality and access.

Economics 101

Lecture 101 1. Gross, Domestic Product a. GDP = V x M1 b. 25.74t = 1.29 x 19.82 x 1012 (t) c. Velocity was 15 as recently as 2008 before housing crisis 2. Sectorial Balances a. S + (Imp - Exp) = I + (Gov Spend – Rev) b. S = consumer or demand side wealth c. I = Foreign and domestic supply side excess profit 3. Capital Divergence / Global Trade a. Decreases Demand Side Wealth (Middle Class) b. Decreases economic Volume (productivity) c. Increases Supply Side Investments & Oligarchs d. Increases Government Spending 4. Elasticity of Demand a. Calculates sales volume / price change b. Critical Margin c. Company w/ narrow margin raises price. 5. Inflation a. Government spending b. Credit easing c. Low interest rates d. Restricting fossil fuel production e. COVID lockdown, pent up demand f. Inherent instability of inflation 6. FED Failure a. Phillips Curve, supply & demand b. Reluctant return to Work, 2/3 stay home c. Depressed private sector. Thriving supply side i. Contradiction, pent up and depressed ii. Non-discretionary vs discretionary iii. Decreased sales, increased prices 7. Productivity, Velocity, Tighten M1 a. Small increase in Velocity = > GDP b. Decrease government spending c. Ways to increase activity 8. Staged Layoffs of non-productive a. Unemployment in measured weekly number b. Thus, the Phillips Curve for dis-inflation c. Productivity from previously non- productive 9. Gold Standard (Conjecture) a. What might happen? $1,000 = 1 oz gold b. Might the government declare a J’oublie to discharge debt ?

Inflation Again

supply and demand drives inflation as with most anything else. post COVID supplys were limited, workers refused to return to work, some never. The Fed focused only on unemployment rates (Economists call that relationship the Phillips Curve) and the stockmarket, attempted to control inflation with high interst rates as if the cause was an over inflated economy. The strategy did not work, no suprise. Was the strategy, synical, ignorent or a planed deception. Causes 1 Labor shortage 2 Excess money supply 3 Supply shortage 4 Decreased merchant volumn, defensive pricing (unstable vicious circle in combination) Stock market has more to do with capital divergence and excess profit from massive imports and division of labor, but inflation also to a degree.

The Intellectual Elite

The intelligentsiya of international socialism

Inflation

The Fed containing inflation with intrest rates to the point of unemployment, is like treating pneumonia with blood letting. Try treating inflation by reducing the number of government employees. With weekly layoffs, the Fed could adjust the numbers of layoffs from week to week to achieve what higher interest rates could not. Newly ununemployed would be less willing to pay inflated prices. The Fed could thus achieve an end to inflation, and lower interst rates as well. A lower ratio of government employees versus productive employees in the private sector could be a plus as well.