 |
| Sandra Day O'Connor [SDOC] |
 |
| Hieronymus Bosch, circa 1490 |
However, social and economic underdevelopment are proven persistent in countries retaining property rights in a narrow social heirarchy, Walker F. Todd writes.
SDOC is treated as though she is royalty to be globally worshiped >>http://www.greenlivingaz.com/2011/05/06/sandra-day-o%E2%80%99connor-house-arizona%E2%80%99s-switzerland-for-public-discourse/
Our achievements are backsliding in what is considered civilized and therefore, modern is not defined in the idea of how to have more freedom and liberties, rather than less.
This is considered the Twenty-first Century [CXXI], and yet the property rights understanding has been lessened and not broadened.
SDOC, former Supreme Court Justice is traveling and selling her software program for civics, she believes civics is not being taught in school. How can such hypocrisy find support in the market? Her vote cast George W. Bush, Jr. "W" into the position of "Decider In Chief" who waged an illegal war and committed high treason to the United States Constitution.
Clearly SDOC AND Supreme Court USA has DECIDED to forget the following!? PLEASE where did the so called attorneys at law get their Doctor of Jurisprudence:
Agreement of the People, 1649; English Declaration of Rights, 1689; John Locke's Second Treatise on Civil Government, 1689; Virginia Bill of Rights, 1776; Declaration of Independence, 1776, Northwest Ordinance, 1787; and the U.S. Constitution, 1787.
... some hundred and twenty years later the historian George Bancroft could write that American law was "not an acquisition from abroad," but was "begotten from the American mind, of which it was a natural and inevitable, but also a slow and gradual development," ...
The American Supreme Court Body of supposed Highest Justice in the land has been branded into the American brain as though the individual cannot think for the self, and the Supreme Court therefore, has become an agent for the hidden king-queen in the systems of credit debt instrument sales.
The Supreme Court, Sandra Day O'Connor ET AL have failed miserably in upholding the property rights' protection which was established as the supreme law of the land. Thus, explaining why the social and economic development of the United States of America has degenerated and not progressed in the past Century and into CXXI.
Walker writes that the World Bank, along with associated regional development banks such as the Inter-American Development Bank, the African Development Bank, and the Asian Development Bank, and, to a much lesser degree, the International Monetary Fund, endeavored for more than 60 years at the time he wrote the book [2009, published], to promote development (originally in former European colonies) and reconstruction from the ravages of war (principally in Europe and East Asia). The development efforts produced varying degrees of success. Regardless of monetary and budget policies, these efforts generally tended to be successful in the comparatively few countries where adequate legal systems were organized to define and protect property rights and to enforce contracts.
Sandra Day O' Connor and the Supreme Court of the United States of America, vitiated the contract that was not to be treated as though a barbaric petition.
Russia was not an enlightened place where the ordinary people had rights'. Pyotr Stolypin, changed the idea in Russia upon studying Thomas Jefferson and property rights' in the U.S.A. bringing the people into the age of enlightenment, as many as can be.
Jews immigrated for RIGHTS' to be protected, too.
http://www.theartof12.blogspot.com/2013/04/the-measure-of-religious-liberty.html
http://americanjewisharchives.org/publications/journal/PDF/1958_10_01_00_chyet.pdf
... 1743, .. it indicated that America was not in every respect a new world ..
... some hundred and twenty years later the historian George Bancroft could write that American law was "not an acquisition from abroad," but was "begotten from the American mind, of which it was a natural and inevitable, but also a slow and gradual development," ...
.. the growth of political equality for the American Jew - and for other religious minorities as well - is a measure of how slowly and gradually that "American mind" could work. What Sanford Cobb said of the reception tendered Roger Williams' notions of religious liberty, that not in a day will the enunciation of a new principle, especially if it be radical and revolutionary, lodge itself in the minds of men with all those details of regulated application to which only experience can give form and authority,
Michael Hudson on Why There is an Alternative to European Austerity
Bonnie Faulkner of Pacifica Radio’s Guns and Butter show
broadcast the presentation by Stephanie Kelton and Michael Hudson on
“There IS An Alternative To European Austerity: Modern Money Theory” .
Presented at the Italian MMT Summit last month. You can listen to the recording here, or read key parts of the transcript below.
(c. 19:10): “We are all overwhelmed to see how many people are here. “Our message is very simple. And that is why it is threatening. From Margaret Thatcher to President Obama, you were told that there is no alternative. And we are here—and will spend the next two days—telling you that there is an alternative. And we will spell out what the alternative is.
“What we are seeing now is a fight for what is going to be the rest of the 21st century by creating a new kind of class, a new class much like the invasions of Europe a thousand years ago. A thousand years ago, invaders from the north and from Italy would grab land and grab public utilities by military means. But today—ever since the United States went off gold in 1971—aggressors can no longer afford military war. So, what you have today is a new kind of a war. It’s a financial war. You can get by privatisation and financialisation what armies used to get by force of arms. This is not the class war that people spoke of a hundred years ago. It is a financial war. And it is a war that classical economists warned against.
(c. 31:38): “There is a political aspect to all of this technical discussion of money. The political aspect is if governments create money, then they’re creating a mixed economy—a mixed economy of private and public capital investment. This is what made all of the countries of Europe and the United States rich. The government investment in the public infrastructure that has been able to be supplied to the economy at cost; so, you get to drive on most roads for free; you get to use this huge capital investment in infrastructure for free. But if governments are not allowed to create their money, then all of the credit the economy needs is created by the commercial banks. And when the commercial bank credit creation leads to debt deflation and the government cannot finance the deficit to pay the interest, then the commercial banks say: Alright, sell off and privatise your infrastructure. This is what we’re seeing in Greece today, in Ireland. You’ve seen it in Iceland. What you are seeing is a financial grab of infrastructure that is taking place by the ability of commercial bankers to prevent the central bank from creating credit.
“And this is a vast new bank loans. Most of the infrastructure that is being purchased—the water and sewer systems, real estate—is all being bought with borrowed money from the banks. So, that, first of all, the commercial bank political strategy is to block the central bank from creating money. And then saying the governments need to borrow from the commercial banks and need to pay interest to the commercial banks, instead of issuing interest-free debt. And then, to pay the commercial interest, they have to sell off the infrastructure. And the result is that bankers today are able to seize the property that in the past it took a military invasion to seize.
“So, what you are seeing today is a new kind of warfare. It is a financial warfare against the entire society, not only against labour, but against industry and, most of all, against government. And a tool in this warfare is to convince people that government money creation is going to be inflationary. You have all seen in the last 30 years here in Italy that your prices have not gone up much; your wages have not gone up much. And what has gone up is the price of your houses, the price it takes to buy a house—that you have to take on a lifetime of debt in order to get a place to live. In America, students have to take a decade of debt to get an education, in order to get a job, instead of the government financing education freely, as was the ideal a hundred years ago ... continued .....
Bonnie Faulkner of Pacifica Radio’s Guns and Butter show broadcast the presentation by Stephanie Kelton and Michael Hudson on “There IS An Alternative To European Austerity: Modern Money Theory” .
Presented at the Italian MMT Summit last month. You can listen to the recording here,
Presented at the Italian MMT Summit last month. You can listen to the recording here, or read key parts of the transcript below.
(c. 19:10): “We are all overwhelmed to see how many people are here. “Our message is very simple. And that is why it is threatening. From Margaret Thatcher to President Obama, you were told that there is no alternative. And we are here—and will spend the next two days—telling you that there is an alternative. And we will spell out what the alternative is.
“What we are seeing now is a fight for what is going to be the rest of the 21st century by creating a new kind of class, a new class much like the invasions of Europe a thousand years ago. A thousand years ago, invaders from the north and from Italy would grab land and grab public utilities by military means. But today—ever since the United States went off gold in 1971—aggressors can no longer afford military war. So, what you have today is a new kind of a war. It’s a financial war. You can get by privatisation and financialisation what armies used to get by force of arms. This is not the class war that people spoke of a hundred years ago. It is a financial war. And it is a war that classical economists warned against.
(c. 31:38): “There is a political aspect to all of this technical discussion of money. The political aspect is if governments create money, then they’re creating a mixed economy—a mixed economy of private and public capital investment. This is what made all of the countries of Europe and the United States rich. The government investment in the public infrastructure that has been able to be supplied to the economy at cost; so, you get to drive on most roads for free; you get to use this huge capital investment in infrastructure for free. But if governments are not allowed to create their money, then all of the credit the economy needs is created by the commercial banks. And when the commercial bank credit creation leads to debt deflation and the government cannot finance the deficit to pay the interest, then the commercial banks say: Alright, sell off and privatise your infrastructure. This is what we’re seeing in Greece today, in Ireland. You’ve seen it in Iceland. What you are seeing is a financial grab of infrastructure that is taking place by the ability of commercial bankers to prevent the central bank from creating credit.
“And this is a vast new bank loans. Most of the infrastructure that is being purchased—the water and sewer systems, real estate—is all being bought with borrowed money from the banks. So, that, first of all, the commercial bank political strategy is to block the central bank from creating money. And then saying the governments need to borrow from the commercial banks and need to pay interest to the commercial banks, instead of issuing interest-free debt. And then, to pay the commercial interest, they have to sell off the infrastructure. And the result is that bankers today are able to seize the property that in the past it took a military invasion to seize.
“So, what you are seeing today is a new kind of warfare. It is a financial warfare against the entire society, not only against labour, but against industry and, most of all, against government. And a tool in this warfare is to convince people that government money creation is going to be inflationary. You have all seen in the last 30 years here in Italy that your prices have not gone up much; your wages have not gone up much. And what has gone up is the price of your houses, the price it takes to buy a house—that you have to take on a lifetime of debt in order to get a place to live. In America, students have to take a decade of debt to get an education, in order to get a job, instead of the government financing education freely, as was the ideal a hundred years ago ... continued .....
Bonnie Faulkner of Pacifica Radio’s Guns and Butter show broadcast the presentation by Stephanie Kelton and Michael Hudson on “There IS An Alternative To European Austerity: Modern Money Theory” .
Presented at the Italian MMT Summit last month. You can listen to the recording here,
No comments:
Post a Comment