Showing posts with label 2016. Show all posts
Showing posts with label 2016. Show all posts

Saturday, November 12, 2016

Trump Won. So What Do We Do Now?

Much to our chagrin, Donald J. Trump won the 2016 election, and will become President on January 20, 2017.  I and so many others thought that Hillary Clinton would have won for sure.  And she did, in fact, win the popular vote.  But unfortunately, Trump won the Electoral College, crossing the finish line of 270 with likely over 300 electoral votes.  As he himself said, the game is "rigged" alright, just not in the way he said.

So how did he manage to pull off such an unlikely victory?  Well the key "swing" states such as Pennsylvania, Ohio, Michigan, and Wisconsin were all part of the Rust Belt, and he managed to tap into the frustrations of disaffected white working-class men--nationwide, but especially in those states.  That was literally all it took.  Combining the legitimate grievances of the working class (who have been practically eaten alive by our oligarchy, plutocracy, kleptocracy, and kyriarchy for decades now) with thinly-veiled racism, misogyny, and xenophobia turned out to be a winning formula.  And as we are seeing now, he is already backpedaling on many of the lies he has told to his base.  All of this will eventually backfire on those who voted for him.

A Trump presidency is clear and present danger to America, no doubt about that.  But ultimately We the People will prevail, and this should be the ultimate wake-up call.  Now is NOT the time to abandon our efforts!

The Electoral College is an antiquated 18th century relic that really has no place in the 21st century.  Even the Donald himself went on the record in 2012 and said it was "a disaster for democracy".  Until it benefited him this time around, of course.  For once, we agree with him.  And while abolishing it completely would require a Constitutional amendment, and would thus be quite a long shot, there is a way to make it irrelevant by 2020.  The National Popular Vote Interstate Compact (NPVIC) is the way to do it.  Sign and share!

As for the anti-Trump protests in the days following the election, they seem to be working in that they are sending the Donald into Twitter rages and are likely raising his blood pressure dramatically.   The TSAP supports any such non-violent protests, and most (with few exceptions) have been peaceful to date.  But please don't burn the American Flag.  As we have repeatedly noted before in our perennial "Take Back the Flag" campaign, burning the American Flag is stupid, counterproductive, and disrespectful to all who have fought and died for our country.  If you must burn something, burn the Confederate Flag (or as we like to call it, the COUNTERFEIT Flag) and/or Trump signs and paraphernalia.  But not the Stars and Stripes.  LIVE FREE OR DIE!

Saturday, February 13, 2016

How to Prepare for the Next Big Crash (Part Deux)

As we have noted before, things are really not looking good for the global economy this year.  Whether we actually experience another financial crisis on the order of 2008 or even 1929 (or worse) is a matter of debate, but the time to prepare for such a scenario is yesterday.  At the very least, another recession is inevitable at this point by 2017 at the latest, since no economic expansion has lasted much more than eight years straight in this country (with the notable exception of 1991-2001 that lasted exactly ten years).  Granted, the expansion from July 2009 to the present mostly benefited the rich, and until around 2014 practically entirely benefited the rich, but it was still technically an expansion of the economy even if the growth was largely uneconomic in practice.  And expansions can only go on so long before a contraction (i.e. recession or depression) inevitably occurs--it's just a fundamental truth of the business cycle.

One thing is for sure--things are very different this time around at least in terms of monetary policy.  At least in 2008, interest rates were well above-zero, and could be cut to stimulate the economy (or, more accurately, stop or slow down the hemorrhaging).  When that proved to be futile, then the Feral Reserve and many of the world's other major central banks resorted to "quantitative easing" (i.e. creating money out of thin air and giving it to the banks directly).  In late 2014, the USA tapered off and ended its QE policy, and in December 2015 ended its zero interest-rate policy by raising the Fed Funds Rate to 0.25-0.50%.  But now, the central banks of the world are starting from zero or close to zero--and some banks including the European Central Bank and the Bank of Japan have even resorted to negative interest rates recently.  That means they are effectively charging depositors for the "privilege" of depositing money, and effectively paying borrowers to borrow money, which basically turns the world of finance upside-down.  Such negative rate territory is uncharted waters, since until a few years ago no country has ever dared to do such a thing.  And there is currently no evidence that such a move will be beneficial, and may in fact turn out to do more harm than good overall.

So monetary policy basically needs a new set of tools and a new game plan to deal with the next crisis, whenever it occurs.  The Feral Reserve and the other central banks of the world are basically still using an outdated playbook.  In the near-term, two things need to change yesterday.  First of all, they need to abandon interest-rate targets altogether for the time being, and instead focus on targeting the growth of the overall economy.  Like Paul Volcker did in 1979-1982, but done in reverse since the "inflation dragon" is not the problem this time.  Secondly, implement Quantitiative Easing for We the People in general (as opposed to the banks, which only benefits the ultra-rich) by injecting newly-created money into everyone's bank accounts.  Granted, the latter measure would probably require an Act of Congress to allow it to occur legally, but as the Feral Reserve is currently debating the legality of negative interest rates in the future, I'm sure they could find some sort of a loophole to allow it in an emergency such as a massive financial crisis.  And of course fiscal stimulus would likely be necessary as well, in additional to much needed reforms to regulate Wall Street and the big banks (a law that rhymes with "brass seagull" comes to mind, as well as a financial transactions tax and better regulation of the shadow banking system), but those two changes to monetary policy would go a long way towards preventing the next recession/crisis from turning into another 2008 or worse.  And of course the silly idea of negative interest rates needs to be abandoned as well.

But let's be brutally honest.  What we are really witnessing these days is the death of an obsolete system, one that has been kept on life support for many years now.  And eventually we will have to pull the plug on it, sooner or later.  It's just a matter of time.

Saturday, February 6, 2016

How to Prepare for the Next Big Crash

As we have noted in the previous article, the risk of the next big economic crash continues to loom large, and it may be too late to actually prevent it from occurring entirely.  That's not to say that there aren't things that should be done to prepare for it to make it less catastrophic, though.  Back in 2014, the TSAP had predicted that a crash would occur within a few short years, and we had written an article then discussing how to prevent it before it occurs or at least take the edge off of it, while ending the previous economic "stagpression" for good.   And we should note that these things would indeed help take the edge off of the next looming financial crisis as well.

Two things come to mind right away:  1) a Universal Basic Income Guarantee for all, an idea that is LONG overdue, and 2) Quantitiative Easing for We the People in general (as opposed to the banks, which only benefits the ultra-rich) by injecting newly-created money into everyone's bank accounts.  Additionally, we need to better regulate the Wall Street casino so such a crisis could never happen again, and also JAIL the banksters who caused the crisis (instead of bailing them out) like Iceland did.  A debt jubilee would be even better still, but even the things we just mentioned are a fairly tall order for a government who is bought and paid for by the banksters/oligarchs.  While other things need to be done as well in the long run, such as critical investments in infrastructure and education, the aforementioned measures would go a long way towards fixing our ailing economy.

Those are the things that should be done at the government level, of course.  At the individual level, there is really not much one can do except get OUT of the stock market while you still can, and take at least most of your money OUT of the big banks (before the "bail-ins" begin) and put it into smaller banks, credit unions, or even under your mattress.  Or even in a big, brown bag inside a zoo.


Saturday, January 9, 2016

Where We Stand Today

Since our founding in 2009, the True Spirit of America Party (TSAP) has come a long way.  Many of our positions on various issues have evolved since then, in some cases rather dramatically.

  • Originally, we believed that capitalism could perhaps be redeemed and used for the greater good.  Currently, the TSAP is essentially anti-capitalist since we now realize that capitalism cannot be redeemed, and its addiction to growth for the sake of growth is the ideology of the cancer cell, which eventually kills its host.  We must leave room for Nature, lest Nature not leave room for us.
  • Originally, the TSAP was staunchly pro-guns and in some ways to the right of the NRA.  But with the recent increase in mass shootings and what we have learned since then, we have since adopted a more nuanced and moderate position on the issue of gun control.
  • Originally, the TSAP attempted to find common ground with the nascent Tea Party movement and the broader Patriot movement in 2009-2010.  Since around 2011 or so, we have since ended such attempts upon realizing that they are, by and large, just another reich-wing racist and neo-fascist movement.  We now prefer the Occupy movement instead, by far.
  • Originally, our stance on immigration was relatively hard-line; it has since softened quite a bit.  We now believe in a more generous amnesty program, as not doing so would be far too cruel. And we also realize just how blinded by white privilege we once were.
  • Originally, the TSAP was pro-nuclear power all the way;  as of 2015 we now currently take the more neutral stance that the Union of Concerned Scientists takes, neither for nor against it.
  • Originally, the TSAP believed that with very few exceptions, every able-bodied adult should "work for a living".  We now feel that such an idea is archaic and outdated, and that Buckminster Fuller would be rolling in his grave.  There are more than enough resources in the world such that with today's technology we no longer NEED everyone to "work for a living" unless they really wanted to.  The real problem is that our abundance is being wasted and/or hoarded by the oligarchs, to the detriment of everyone else.
  • Originally, the TSAP was "egalitarian" on the issue of gender for the most part.  We also assumed that our party (including our leader Ajax the Great) would eventually save the world, lol.  But more recently, we now believe that it ain't gonna be us fellas who will save the world.  Only women would really be able to do so, and to do so they must take over.  Yesterday.  The futurists are unanimous about this:  the future belongs to women.  Thus, as of 2014 our party has been an observer of the Matriarchy movement, and as of 2016 we have basically joined the movement fully.  At the same time, we will continue to support our cause of progressive libertarianism to the fullest, as we believe that the two are perfectly compatible.  We would like to thank the distinguished Guru Rasa von Werder and William Bond for helping us see the light in that regard, as well as several others such as Pat Ravasio and Riane Eisler who have inspired us along the way.
Thus, our rather dynamic third party is continuing to evolve.  As John Mellencamp and India Arie would say, "If you're not part of the future, get out of the way!"

UPDATE:  The TSAP party leader, Ajax the Great, has recently created a new blog about the Matriarchy movement, called "The Chalice and the Flame".   Please check it out.  Opinions expressed therein are those of Ajax the Great and not necessarily the TSAP as a whole.

Thursday, January 7, 2016

The TSAP is Feeling the BERN!

It's 2016, and Election Day will be right around the corner.  And the True Spirit of America Party will be unequivocally endorsing Bernie Sanders for President.  On essentially all of the issues, his platform is the one that closest to ours among all the candidates that have a chance this year. 

As much as we want a woman to be President yesterday, which is LONG overdue, the TSAP will not be endorsing Hillary since we believe that she is simply not progressive enough for us or for the nation.  Granted, she is FAR better than literally any Rethuglican candidate out there (puke!), and we would much rather have her instead of any of them, we still feel that Bernie is the better choice overall this time around.  And unfortunately Elizabeth Warren is not going to be running this year, nor is the woman who we feel would really be the ideal President, Marianne Williamson.  Bernie is the next best thing, and in fact Marianne herself is endorsing him as well.  So yes, we are FEELING THE BERN!!!