What can we do to turn around an economic downturn?

March 18, 2008

Below, Clip from Bloomberg News (November, 2007): David Tice, Fund Manager for Prudent Bear Fund said stock market would decline 50-60%.

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Next Steps

Over here in Europe, economies seem to be responding positively to a flat income tax. That’s the official story. We are told that when corporate profits are unburdened by heavy taxes, the money goes into things like employment, consumption and investment in innovation. In other words, the money keeps moving.

Russia went to a 13 percent flat tax on personal income in 2001 and some economists claim this facilitated the recovery of Russia’s economy without the help of the oil boom. Slovakia was the first to adopt a 19 percent flat tax on corporate and personal income. Romania followed with a 16 percent flat tax on corporate profit and personal income.

In the United States, the Republican and Democrat parties have not made any serious commitment to the concept of flat taxes. Jerry Brown (D) and Steve Forbes (R) were among the only presidential candidates (1992 campaigns) to forcefully advocate such a sweeping tax policy change. Generally speaking, Democrats and Republican seem to be stuck in a way of federal spending that only allows them to think about slightly raising and slightly lowering taxes.

The problem remains, however. How do we support and encourage small and medium size business start ups and growth in order to get the money moving again in now-vulnerable middle class circles? Getting American money moving again in the right places is one factor among several that are needed to turn around a global economic downturn.

Below, background noise for reading: David Gahan (of Depeche Mode), Kingdom:

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Bad boys. Bad boys. Whatcha gonna do?

February 25, 2008

Five cent tours in Bablion:

The failure of a U.S. federal judge to stop wikileaks.org reminds us that the democratization of communication and information channels are powerful tools in the struggle for human freedom.

Information Democracy

The democratization of communication and information channels provides as much promise as threat to the way politics and business is done.

Romanian politicans beware! Shady managers and company owners too. There’s terrabytes and terrabytes of disk space waiting for leaking files and documents about you on wikileaks.org. And there’s no way to stop this juggernaut that exposes all the corruption and lies that come into its great path. Whatcha gonna do?

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New moby album coming out, last night

February 22, 2008

Five cent tour for Patsaks:

Moby’s sixth studio album, Last Night, is scheduled to be released this year on March 31st (UK) & April 1st (USA). Find the link below to download the sampler. Also see the official video for Disco Lies, a track from the soon to be released album. Before you go get some, kick it with me and hear me out on why I think moby is a Poli-fluential and what he should “do for his country” (think Kennedy).

Is Moby a Poli-fluential?

“One of electronic music’s most visible and talked-about figures by far,” Moby has a social network of tens of thousands of fans, worldwide. He is highly opinionated about politics and he communicates his political opinions to his fans via his journal at his highly trafficked website, http://www.moby.com.

If he gets excited enough about the Presidential race, his passionate advocacy for a candidate can have impact.

Yes, I see a star. Moby is a poli-fluential too.
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Prejudice, Authoritarians and The American Democracy

February 20, 2008

Five Cent Tour in Bablion:

Obama critics on the Left and Right are trying to play a wide menu of prejudices including discrimation on the basis of race, religion, sex, political affiliation, and so-called unproven commitment to the Democratic Party. Such prejudices represent irrational hostilities and hasty judgments that lack sufficient evidence, knowledge or consideration. These prejudices are divisive and dangerous resistance to our individual pursuit of information, evidence, knowledge, and truth. These prejudices move us in the direction of Authoritarians.

Fear and Loathing in America

As the 2008 presidential campaigns move to the next level of national attention and debate, old and new prejudices have come out of the closet. With Senator Barack Obama’s chances of winning the Presidential election looking up; Obama critics on the Left and Right are trying to play a wide menu of prejudices including discrimination on the basis of race, religion, sex, political affiliation, and so-called unproven commitment to the Democratic Party.

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Hillary, The Wedding is Off

February 18, 2008

Five cent tour for Patsaks:

With the gold-embossed wedding invitations all mailed out and her online gift registry all set up, Hillary will have to have her good cry before she can get over the canceled ceremonies. The only thing appropriate is for us to send her our heart-felt condolences.

Barack Obama doesn’t make a comeback like they say; he had a slow start as planned by the Democratic leadership. After all, he wasn’t supposed to go very far. Now he’s closing on the finish line of the presidential election and neither Democrats or Republicans know what happened. Below, Mark Lazen retells his recollection of this amazing story.

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