Tuesday, 21 October 2014 / TRUTH-OUT.ORG

Super Committee Out Of Way - Now Back To Reality?

Wednesday, 23 November 2011 04:37 By Dave Johnson, Campaign for America's Future | Op-Ed

Let's hope that the failure of the "super committee" quest to take money out of the economy clears the media mist for a minute, so people can focus on real issues that matter to real people. What are the chances of that? Will our government now focus on creating jobs, reducing inequality, fighting climate change, providing health care, increasing justice, balancing trade, increasing education, enabling small business to compete against the multinational?

Real Issues

People are in the streets across the country, demanding that the government start addressing real issues that matter to real people. But the increasingly irrelevant Congress has instead focused on things like blocking the government from making school lunches more nutritious.

Create Jobs

We have millions of people out of work. And we have millions of jobs that we have been putting off getting done.

And, guess what, as of today we can get the money to hire those millions of people to do those millions of need-to-get-done jobs for the lowest cost in history. That's right, the US government can borrow money at the lowest rates ever. Marketwatch: U.S. sells 5-year debt at record-low yield,

The Treasury Department sold $35 billion in 5-year notes on Tuesday at a yield of 0.937%, the lowest level on record and below where traders expected the sale to come.

That just puts the lie to any claim that the world is concerned about our deficits, and that we "don't have the money" to spend on maintaining and modernizing our infrastructure. "The markets" are so confident in the US that they are offering to lend money at the lowest rate ever.

Climate

Maybe it isn't in the news like it was, but the problem of global warming and resulting climate change is just getting worse and worse, and may be reaching the "tipping point." AP: Greenhouse gases soar; no signs warming is slowed,

Heat-trapping greenhouse gases in the atmosphere are building up so high, so fast, that some scientists now think the world can no longer limit global warming to the level world leaders have agreed upon as safe.

New figures from the U.N. weather agency Monday showed that the three biggest greenhouse gases not only reached record levels last year but were increasing at an ever-faster rate, despite efforts by many countries to reduce emissions.

Did you get that? It turns out that the worst-case scenarios we heard about, back when we were hearing about it, were not as bad as what it turns out is really happening. The operative words here: really happening.

That is reality. So where is the government? Where is the media?

Captured

Why can't we get anything done for the people of the country anymore? Because our Congress and government is almost completely "captured." Watch this segment of 60 Minutes, in which convicted Congress-briber Jack Abramoff explains how it's done, Jack Abramoff: The lobbyist's playbook - 60 Minutes - CBS News

You let a Congressional staffer, or agency regulator, or even a member of Congress know that there is a "job" waiting for them later, and you get what you want.

Regular people don't have this kind of money to dangle in front of government and elected officials. It isn't just campaign contributions, it's lucrative jobs after you leave government, that is corrupting our system. It is corporate money, being used to enrich the 1% at the expense of the rest of us. The solution is not just to ban corporate money from our politics, it is to ban the use of corporate money for any purpose other than running the corporation. Otherwise it will just leak out and be used to corrupt the system -- and us.

I'm sounding like a broken record.

Dave Johnson

Dave Johnson (Redwood City, CA) is a Fellow at Campaign for America's Future, writing about American manufacturing, trade and economic/industrial policy. He is also a Senior Fellow with Renew California.

Dave has more than 20 years of technology industry experience including positions as CEO and VP of marketing. His earlier career included technical positions, including video game design at Atari and Imagic. And he was a pioneer in design and development of productivity and educational applications of personal computers. More recently he helped co-found a company developing desktop systems to validate carbon trading in the US.


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Super Committee Out Of Way - Now Back To Reality?

Wednesday, 23 November 2011 04:37 By Dave Johnson, Campaign for America's Future | Op-Ed

Let's hope that the failure of the "super committee" quest to take money out of the economy clears the media mist for a minute, so people can focus on real issues that matter to real people. What are the chances of that? Will our government now focus on creating jobs, reducing inequality, fighting climate change, providing health care, increasing justice, balancing trade, increasing education, enabling small business to compete against the multinational?

Real Issues

People are in the streets across the country, demanding that the government start addressing real issues that matter to real people. But the increasingly irrelevant Congress has instead focused on things like blocking the government from making school lunches more nutritious.

Create Jobs

We have millions of people out of work. And we have millions of jobs that we have been putting off getting done.

And, guess what, as of today we can get the money to hire those millions of people to do those millions of need-to-get-done jobs for the lowest cost in history. That's right, the US government can borrow money at the lowest rates ever. Marketwatch: U.S. sells 5-year debt at record-low yield,

The Treasury Department sold $35 billion in 5-year notes on Tuesday at a yield of 0.937%, the lowest level on record and below where traders expected the sale to come.

That just puts the lie to any claim that the world is concerned about our deficits, and that we "don't have the money" to spend on maintaining and modernizing our infrastructure. "The markets" are so confident in the US that they are offering to lend money at the lowest rate ever.

Climate

Maybe it isn't in the news like it was, but the problem of global warming and resulting climate change is just getting worse and worse, and may be reaching the "tipping point." AP: Greenhouse gases soar; no signs warming is slowed,

Heat-trapping greenhouse gases in the atmosphere are building up so high, so fast, that some scientists now think the world can no longer limit global warming to the level world leaders have agreed upon as safe.

New figures from the U.N. weather agency Monday showed that the three biggest greenhouse gases not only reached record levels last year but were increasing at an ever-faster rate, despite efforts by many countries to reduce emissions.

Did you get that? It turns out that the worst-case scenarios we heard about, back when we were hearing about it, were not as bad as what it turns out is really happening. The operative words here: really happening.

That is reality. So where is the government? Where is the media?

Captured

Why can't we get anything done for the people of the country anymore? Because our Congress and government is almost completely "captured." Watch this segment of 60 Minutes, in which convicted Congress-briber Jack Abramoff explains how it's done, Jack Abramoff: The lobbyist's playbook - 60 Minutes - CBS News

You let a Congressional staffer, or agency regulator, or even a member of Congress know that there is a "job" waiting for them later, and you get what you want.

Regular people don't have this kind of money to dangle in front of government and elected officials. It isn't just campaign contributions, it's lucrative jobs after you leave government, that is corrupting our system. It is corporate money, being used to enrich the 1% at the expense of the rest of us. The solution is not just to ban corporate money from our politics, it is to ban the use of corporate money for any purpose other than running the corporation. Otherwise it will just leak out and be used to corrupt the system -- and us.

I'm sounding like a broken record.

Dave Johnson

Dave Johnson (Redwood City, CA) is a Fellow at Campaign for America's Future, writing about American manufacturing, trade and economic/industrial policy. He is also a Senior Fellow with Renew California.

Dave has more than 20 years of technology industry experience including positions as CEO and VP of marketing. His earlier career included technical positions, including video game design at Atari and Imagic. And he was a pioneer in design and development of productivity and educational applications of personal computers. More recently he helped co-found a company developing desktop systems to validate carbon trading in the US.


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