Why the Failure of America is Imminent and why it will be good for the American Psyche

22 thoughts on “Why the Failure of America is Imminent and why it will be good for the American Psyche”

1. I read it in college–it was amazing.

   So very sorry about your sister, Sharon. That’s a tough one. I don’t know what else to say.

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2. So very sorry about your sister, Sharon. That’s a tough one. I don’t know what else to say.

   “Why don’t you go outside and play hide and go fuck yourself.”

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   1. I see what you mean. The sig line sort of ruins the genuine sentiment, doesn’t it?

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         1. I’m so sorry that I had the audacity to comment in one of your diaries. That’s an unfortunate result that often occurs when you write on a public blog.

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4. Dr,pinkola-Estes has wonderful stories to merge with transformational psycholgy (jungian) to help heal.

   Why bad thisgs hapen to good people is a good book.

   I recently read a book called Kaddish, i can post the author’s name later if you wish. It deals with Judaism’s practices for mourning.

   Corruption in government and corporate power have been around for a very long time.
   
   The industrail revolution, the rise of corproations power with the North’s total victory in the civil war gave rise to Teddy roosevelt’s trust bust anti-trust laws.

   Unforunately, with out regulation or enforcement anit-trust law by itslef is not enough to stop abuses.

   i jokingly suggested in another post that no corruption nor organized crime ecists in Denver anymkore, but that’s simply not true.
   
   Various groups exist from different ethnic backgrounds for regular street tyope of activity, but I would have to say that corporations themselves could qualify at times under rico prosecution. The credit card companies work like loan sharks, the pahrmacueticals are legal drug cartels, and certainly it has not been very lng since the tobacco industry was subsidized to distribute known addictive products which have caused massive health care costs that the society still exxperiences.

   Whenever there is money involved, there are people that don’t play by the rules. The true Golden rule is he who has the Gold makles the rules.

   I’m not sure what can be done in many cases but I know tht progress is slow. Justice delayed is justice denied per MLK. It didn’t stop him from contnuing to fight for the rights of those impacted by institutional practices which cause the public harm.

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6. “.. just give them the keys to the Federal Reserve safe and let them have what they want.”

   Who do you think owns the Federal Reserve Bank now?

   The member banks.  December 23, 1913 You could look it up.*  And, not for nothing, plenty of people have felt about the US and the banks and insurance companies and elected officials as you do. Yet here we are.

   *

   Congress decided in the Federal Reserve Act that all nationally chartered banks were required to become members of the Federal Reserve System. It requires them to purchase specified non-transferable stock in their regional Federal reserve bank and to set aside a stipulated amount of non-interest bearing reserves with their respective reserve bank (since 1980 all depository institutions have been required to set aside reserves with the Federal Reserve and be entitled to certain Federal Reserve services – Sections 2 and 19). State chartered banks have the option of becoming members of the Federal Reserve System and to thus be supervised, in part, by the Federal Reserve (Section 9). Member banks are entitled to have access to discounted loans at the discount window in their respective reserve bank, to a 6% annual dividend in their Federal reserve stock and to other services (Sections 13 and 7). The Act also permits Federal reserve banks to act as fiscal agents for the United States government (Section 15).]

   The Federal Reserve System: Information Sources at the Nation’s Central Bank. Vol. 22 Legal Reference Services Quarterly, pp. 29-44 (2003); McKinney, Richard J.

   Seriously- condolences.
   
   Take care of yourself.

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   1. I talk about serious issues and the need to heal and all you want to do is bring up a technicality that has nothing to do with the post.

      Psst MADCO I was speaking metaphorically. Try to think out of the box for a change.  

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      1. They already “have” it. The member banks have owned the Fed since 1913.

         I can get metaphorical, metaphysical, and metacognitive.  But even metaphorically your statement makes no sense.  I would characterize it as facetiously but perhaps that’s just me.

         The banks own the Fed- how much more could we give it to them? None, none more.

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         1. But you haven’t addressed what I am saying in the post. That we have to reach a bottom before enough Americas will force change. Could you address the post?

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               1. It makes me wonder why you even bother to write. It’s like you wish to obfuscate the issues instead of address anything. It’s okay I rarely take anything you say seriously because your posts are filled with Republican talking points and you use the Republican methodology by trying to spin an issue and when you can’t do that you chance the subject.

                  MADCO goes off topic again.

                  Note to MADCO my nieces have more depth and compassion than you ever will.  They understand pain and suffering and this knowledge will serve them well.  What or who do you serve? MOTR?

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                  1. You can’t even act like an adult and admit that you don’t know what the fuck you are talking about half the time you comment–my most favorite of late is when you were bashing Bennet and claimed Pols is “owned” by the DLC, only to find out your St. Andrew is bought and paid for by them. If you can’t even get basic facts straight and can’t handle being called out about it without turning into a defensive whine ass, perhaps you ought to pick a different hobby.

                     And I think I’ll take my sig line back, thanks so much since you appear to be incapable of extending the slightest bit of compassion or gratitude to anyone that has ever disagreed with you.

                     “Why don’t you go outside and play hide and go fuck yourself.”

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               2. You’re a Republican troll cleverly disguised as a Democrat, too.

                  I did learn something here today.  Anytime I post a diary, it will be with a sad story so I can wield it as a weapon at all those who disagree or PICK ON ME!!!  Pout

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                  1. I will always take a bad situation and find strength in its message whereas others will minimize an important issue by finding an obtuse technicality to pick apart.

                     Happy Holidays!

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                     1. you misinformed, arrogant, nut job.

                        My “obtuse technicality” was that the banks own the Federal Reserve.   You brush that aside as trivial because you want to make some broader point that a decline in America is ok because the faster we get to the bottom, the faster we’ll realize the error of our ways and turn to the ever loving Goddess for restoration.

                        Hooey.  You and Rush and the rest of the America haters all dismiss our ability, our magic,  because we’re imperfect.

                        You characterize as “spin” the facts about our nation that are inconvenient to your diatribes and rants.   Just to stick on this one example- you metaphorically suggest that we should just let the banks have the keys to the Federal Reserve and do what they want  ’cause the faster they pillage our Nation and ruin us the faster the people will “get it” and alter our crazy way. Nothing about that metaphor works – because the banks own the Federal Reserve and have for 96 years (next week).

                        I get your point. And it’s almost pointless. Your a nihilist feminist and I suspect a radical socialist.   Plant a tree- I’m averaging 4-6 per year.

                        Why can’t we make the turn to restoration and health before we get to the bottom?   Why can’t we realize that beating the crap out of our political and philosophical opposition – even metaphorically – is ultimately worse than useless?

                        Yes our nation is a unique experiment. I think part of why Japan and Britain and other nations have been able to coalesce around a national will to alter and improve themselves and their nation is that they see themselves as an “us” a “we”. It’s why socialism works in Scandinavia.  But we’re so busy being American independence-alists that its’ all about me, my, I and  you.  Not us.  In fact our us v them is the left vs the right, the self identified reasonable vs the other identified crazies, and so on.

                        Yes- I called you a nut job. But you know what? When I fell in love with the USA and volunteered to serve in the military because I thought at the time that a militarily strong America would make for a more peaceful world in our life time, I did it for us. Ie, you included.  I swore an oath and put on a uniform to defend important things, including your right to think and act and speak as you wish.  Your welcome.

                        Post away. Find strength where ever you can, teach your nieces and nephews and the rest of your community to do the same. But when you post and rant with facts that are plainly incorrect, expect to be corrected.  Find strength in that. And if you can do it while being gracious and polite, I’ll be watching because I haven’t really figured out how to do that part yet.

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                        1. volunteered to serve in the military because I thought at the time that a militarily strong America would make for a more peaceful world in our life time

                           Before, say, 1963-4, that is to say, before Vietnam, but after 1898 (Spanish American War, aka to war to take Cuba and the Philippines)?

                           1941-45? Many thanks. 1950-53? Possibly so. Thanks for that.

                           But if you volunteered after about 1953, I for one would like to know whether you still think that “a militarily strong America (has made) for a more peaceful world in our life time?”

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                           1. But since you mention it :
                              
                              Viet Nam: two cousins, and an uncle
                              
                              Korea a great uncle, and a great aunt
                              
                              WW2 two great uncles, a great aunt, and several extended family
                              
                              WWI – my grandfather’s uncle
                              
                              (now only directs that I can document)
                              
                              Spanish American- great grandfather
                              
                              Civil War- a great great grandfather
                              
                              Mexian American – direct ancestors
                              
                              1812- one for sure
                              
                              American Revolution- at least two direct ancestors were Massachusetts volunteers

                              And a few generations earlier- 3rd Crusade at Arsuf
                              
                              and 1066 at Hastings

                              And yes. Until 2003.

                        2. I’m a military brat myself. My father served in two wars, WWII and the Korean War. Two of my brothers also served honorably for their country and both are disabled, one 100% disabled and the other is 50% disabled.  After seeing how they came home ravaged from an unjust war I became a conscientious objector.  After understanding that our military exploits minorities and the poor to do the dirty work for our military industrial complex I feel nothing but compassion for those undereducated who choose to serve in the military while the rich white privileged population go to college or in the past got deferments.  

                           Also, regarding your criticism regarding the statement we should give the banks the keys to the Federal Reserve safe and your response of “But you said one thing that makes no sense. Who do you think owns the Federal Reserve Bank now?”

                           The Board of Governors
                           
                           of the Federal Reserve System

                           The seven members of the Board of Governors are appointed by the President. The President designates, and the Senate confirms, two members of the Board to be Chairman and Vice Chairman, for four-year terms.

                           Only one member of the Board may be selected from any one of the twelve Federal Reserve Districts. In making appointments, the President is directed by law to select a “fair representation of the financial, agricultural, industrial, and commercial interests and geographical divisions of the country.”  These aspects of selection are intended to ensure representation of regional interests and the interests of various sectors of the public.

                           The primary responsibility of the Board members is the formulation of monetary policy. The seven Board members constitute a majority of the 12-member Federal Open Market Committee (FOMC), the group that makes the key decisions affecting the cost and availability of money and credit in the economy. The other five members of the FOMC are Reserve Bank presidents, one of whom is the president of the Federal Reserve Bank of New York. The other Bank presidents serve one-year terms on a rotating basis. By statute the FOMC determines its own organization, and by tradition it elects the Chairman of the Board of Governors as its Chairman and the President of the New York Bank as its Vice Chairman.
                           
                           The Board sets reserve requirements and shares the responsibility with the Reserve Banks for discount rate policy. These two functions plus open market operations constitute the monetary policy tools of the Federal Reserve System.

                           In addition to monetary policy responsibilities, the Federal Reserve Board has regulatory and supervisory responsibilities over banks that are members of the System, bank holding companies, international banking facilities in the United States, Edge Act and agreement corporations, foreign activities of member banks, and the U.S. activities of foreign-owned banks. The Board also sets margin requirements, which limit the use of credit for purchasing or carrying securities.

                           In addition, the Board plays a key role in assuring the smooth functioning and continued development of the nation’s vast payments system [see Fedwire and Payment System Risk Policy].

                           Another area of Board responsibility is the development and administration of regulations that implement major federal laws governing consumer credit such as the Truth in Lending Act, the Equal Credit Opportunity Act, the Home Mortgage Disclosure Act and the Truth in Savings Act [see Consumer Information and Community Development].”

                           http://www.federalreserve.gov/…
                           

                           So not all members of the board are officers of Banks but that wasn’t my point anyway.  Are you disabled from military service as well MADCO?  

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