Global Warming a good thing? Will save us from Ice Age?

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Supposed 3.8% Tax on Real Estate Sold after 2013

A recent piece of email disinformation received on 11/2/2011 is titled:

Will You Sell Your House After 2012?:

So easy to be ignorant...

Subject: Will You Sell Your House after 2012?

Will You Sell Your House after 2012?  

The National Association of REALTORS is all over this and working to get it repealed, before it takes effect. But, I am very pleased we aren't the only ones who know about this ploy to steal billions from unsuspecting homeowners. How many REALTORS do you think will vote Democratic in 2012?  

Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on it? That's $3,800 on a $100,000 home, etc. When did this happen? It's in the health care bill and goes into effect in 2013.

Where has Wealth Discrepancy Come From And Where is it Going?

Where does the inequality come from? Could it be that the saying "The rich get richer, and the poor get poorer" is right? It has happened in virtually every age and every country. Obviously the dynamic has taken many different forms -- the economy of the middle ages was not that of the "gilded Age" which was somewhat different from the (American) economy of the 1920s, which was somewhat different from that of today. The economies of 18th century France, of the Pharaohs, the Chinese Mandarins, the Aztec lords -- all no doubt substantially different. When power of any sort (including that of money) reaches some critical mass, it will snowball unless there is some counteracting force. The economic dynamic of recent decades (at least) is that if you have a large enough pot of money to invest with appropriate diversification, in periods when the market is rising 20-30% a year, it is obvious what can happen. If you are well enough connected, when the market crashes, you can be one of the early ones to pull out. Then, until the market starts to move again, you sit on your money, or invest in the least risky (and least growth-producing) sectors.



These dynamics have not changed without some kind of intervention. We can look to Britain and the U.S. for cases of orderly intervention, as opposed to spasms of violence (which tend to produce something as bad or worse then the prior regimes).



In the late middle ages, illiterate peasants lived in mud huts while barons lived in drafty stone castles, and were almost as likely as anyone to die of the plague or childbirth. I am no master of how we got from there to today's world, but am pretty sure it involved the barons giving up some of their treasures in a way that lead to public roads and canals (in the early days), and widely available free or subsidized education, and postal systems (in the American case, these from the very beginning subsidized the spread of printed matter). In the nations that followed this policy, the rich were rewarded by having an educated healthy populace available for the development of more and more technologically brilliant and powerful enterprises. The rising tide of welfare of the "99%" lifted all boats, including those of the very rich. The nations that didn't follow such policies, where the rich and powerful tried to hang onto everything, suffered a huge decline in relative strength and succumbed to colonization.

Another saving grace, in the case of the U.S. – the U.S. was exceptional alright; it had a huge public domain — the vast preponderance of potential capital, consisting of public lands belonged to the government, and unlike Russia in the 1990s, a newly minted democracy in a similar position, we did not say “This is terrible — all this property in the hands of government — we have to get rid of it, putting huge chunks into private hands or something terrible will happen”; instead we calmly, or the course of 100 years or so, sold it mostly in small plots to individual farmers, and sometimes even give it free to homesteaders, and we also set aside portions as assets to pay for educational institutions. Why? Because our government had the “general welfare” of the people in mind.


But omigod, that sounds like a welfare state! Well yes, the "welfare state" as conceived by people who see value in it, is not about "welfare", which has curiously become another word for the dole. It is about a state which takes positive actions for the welfare of its citizens. Unfortunately, we have become so unimaginative as to think the only way to do that is to dole out money to those out of work. And the U.S., and even more so Europe, have suffered by creating a class of people with nothing to do and no sense of purpose, which is not in the interest of anyone's welfare.

My Not-really-right-wing Mom and her adventures in Email-Land (revision)

"R. Kelly Garrett randomly surveyed 600 Americans about their online habits, and whether they'd heard—and believed—a number of widespread rumors. He found that the Web does expose us to more rumors. But the Web also delivers more rebuttals,...
            (Technically true, but most can't/won't find them)

"E-mail’s more insidious. Because you’re more likely to believe that rumor forwarded by cousin Rob. And the more you believe something, Garrett says, the more you want to share it with your social network."
                      [see below for source, c2011]

[This is a revision of my article from 8/29/2011 about email as a viral disinformation carrier at that time, before Facebook and Twitter increased the problem by an order of magnitude; lies such as that Obama was born outside the U.S. - which Donald Trump loudly proclaimed until it made him part of the political conversation]

Comment on "Arctic 'tipping point' may not be reached"

There is a huge amount of chatter on the web about a BBC sourced article from 8/5/2011:

http://www.bbc.co.uk/news/science-environment-14408930?print=true

Right leaning web sites seem to be ecstatic, as if it confirmed their denial of global warming.

BUT a couple of quotes from the article:

I don't say that our current worries are not justified, but I think that there are factors which will work to delay the action in relation to some of the models that have been in the media.

The (Republican?) [Anti]Confidence Game

[a fragment of debate]

Hal Morris

08/12/11

The Republican [Anti]Confidence Game

If we take seriously the idea that the mood of the country (confidence or panic) can have a huge effect on the market, the genius of FDR's "We have nothing to fear but fear itself" becomes clear.

On the other hand does anyone dare suggest that 2-1/2 years of a war against the president that showed its hand with the urging of parents to keep their children home from school the day he made a special address to schoolchildren -- that these years of calling the president a Marxist, a thug, a secret muslim, not an American citizen, an elitist intellectual an incompetent fool, a wild ideologue, a  triangulator with no ideology, and predicting doom for the country if he isn't stopped -- does anyone dare suggest that this is all bound to have a profoundly negative effect on the economy?

Corporations Can Serve as Made-to-order Scapegoats the Rich and Irresponsible

Corporations can do one thing that people can't do: disappear (without actual pain or death) taking with them the responsibilities for decisions that the people running the corporations made. They can go bankrupt turning thousands of pensions into smoke without the actual decision makers suffering a loss in credit rating. Or they can threaten to dissolve, making pensions go up in smoke, and then accept a counteroffer from the government to "restructure" carrying forward a limited set of its obligations -- e.g. the pension plans could be halved.