7/27/2011 PERMALINK
The parasitic kleptocracy is reaching the point where the hosts can no longer survive. The world's problems are entirely political and can be fixed by a return to a rational world of solid money, free and open markets, work, savings and investment. But look at where things stand in the nation that prints the world's reserve currency today.
1. The decision of the courts a decade ago to allow software to be patented has come home to roost big time in the last year or two. Software start ups, which have been the main source of productivity-increasing innovation for the last 20 years. Are now set upon by newly organized patent cartels that have become like jackals descending on newly born gazelles.
2. The speed of our internet service is in the hands of a cartel of cable companies that have every incentive to keep the net in the USA as slow as possible for as long as possible. So they can continue milking you for their ridiculously overpriced and totally primitive channel-based cable TV offerings.
3. The USA in 1971 changed from money backed by gold, which enforces frugality on politicos, to fiat money, where politicos can spend any amount and hide it by debasing the currency. A kid born in 1911 could buy a Hershey bar at the neighborhood store for 5 cents. So could a kid born in 1931 or 1951, but then in 1971 we went off the gold standard. And the price of a Hershey bar has rocketed up ever since. Kids born in 2011 will pay over a dollar by the time they are old enough to buy their first Hershey bar, probably, with the amount of money printing we've seen recently, a lot more than a dollar. Watch this video for a full explanation.
4. Our medical system is so heavily subsidized and monopolistic, thanks to their control of Congress, that we pay more than double the cost per capita that most developed countries pay. And for all we spend we get worse results. They live longer and are kept healthier by their systems than we are by ours. Inflation is worse in medicine than any area except...
5. ...education, where government subsidies and loan programs have created a truly incredible explosion in costs. Total student loan debt just exceeded all credit card debt for the first time recently. We have saddle our kids with over a trillion dollars in debt, against which they are never permitted to bankrupt. It is with them for life. The USA has become a society that is eating its children.
The list could go on, but I think the point has been made. The USA has become a kleptocracy. No longer does the system promote, as it always must for a successful civilization, the creation of new utility. What the system is rigged to do now is to allow a wealth elite to control Congress and get them to regulate out of existence the possibility of any new completion. So they can bleed us all dry until the whole corrupt edifice they have put in place collapses under its own internal contradictions, as happened with communism. Free and open markets have morphed into corporate cartel controlled kleptocratic markets.
The elites utilize the 12 years of brainwashing calling 'public education' and all the distractions and distorted coverage of the economic realities found on corporate media. To keep the public uninformed enough to allow the exploitation to continue.
We all need to stop playing their game and start using the net to work with others to create a more rational game of our own. It's the only way to escape the economic gulag the corpolitical elites are busily creating for us.