Closing Thought–06Sep19

Lots of talk these days about an approaching recession….the markets yo-yo sessions….up one day down the next 2….just feeds this predictions.

Do you remember the crash of 2008?

The markets bottomed out and billions of wealth was lost….especially the Baby Boomers…their savings was wiped out for the most part.

I bring this up because if and when we have another recession the group that will be destroyed monetarily are Millennials….

Why?

Most are already have massive debt and an recession would wipe out any economic progress they have made……

The trade war is dragging on. The yield curve is inverting. Investors are fleeing to safety. Global growth is slowing. The stock market is dipping. The Millennials are screwed.

Recessions are never good for anyone. A sputtering economy means miserable financial, emotional, and physical-health consequences for everyone from infants to retirees. But the next one—if it happens, when it starts happening—stands to hit this much-maligned generation particularly hard. For adults between the ages of 22 and 38, after all, the last recession never really ended.

Millennials got bodied in the downturn, have struggled in the recovery, and are now left more vulnerable than other, older age cohorts. As they pitch toward middle age, they are failing to make it to the middle class, and are likely to be the first generation in modern economic history to end up worse off than their parents. The next downturn might make sure of it, stalling their careers and sucking away their wages right as the Millennials enter their prime earning years.

https://www.theatlantic.com/ideas/archive/2019/08/millennials-are-screwed-recession/596728/

This group will suffer more problems than the “Boomers” did…..they cannot prepare for this possibility if there is no savings to help lessen any blow from a recession.

Poverty will increase and bankruptcies will increase and financial ruin will be the only option for many.

“Lego Ergo Scribo”

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Those ‘Forgotten’ Presidents

The US has had some giants among men as presidents, right?

A presidential friend once was asked if his friend was up to the job of the American president……and his reply is priceless…..Harry Daugherty said, “Don’t make me laugh. The days of giants in the presidential chair is passed. Our so-called Great Presidents were all made by the conditions of war under which they administered the office. Greatness in the president is largely an illusion of the people.”

Keep hold of that statement.

This post is about the underrated presidents that we had in our country……..Harding, Polk, Jefferson (believe it or not), McKinley and Grant.

Historians make the president in our memories….but were they all that memorable?

Although Americans love to trash their most hated presidents, this list is dedicated to appreciating the men who very capably served as president, but have been criticized or under-appreciated by both historians and modern Americans. Each man on this list has warts and flaws, but all strengthened and improved his country in at least one key way.

Top Five: Underrated Presidents

I do not agree with them but then this article is an opinion and you may not agree either.

My list is Carter and Carter alone but then I am not a presidential historian just my personal opinion based on his policies.

I am sure that you have some thoughts on this as well…..What say you?

Be Smart!

Learn Stuff!

Class Dismissed!

“Lego Ergo Scribo”

War–It Is Our Nature

I spend a lot of time researching war….I spend a lot of time writing about war….and a lot of time replying to comments by my visitors.  There seems to be a common thread to comments about war…..many think and/or believe that as humans war is in our DNA.

It would seem that it is truly in our DNA because we as a group cannot end a disagreement without violence……for at least a hundred years war is all to frequent.

Whenever I write that I am antiwar or that I am watching some conflict here or there and try to help readers understand war someone will try to comment by saying that war is ingrained into our DNA….that we have little control over the fight.

Is it in our nature to go to war? Should we just accept the fact that humans have this innate tendency and are hardwired to kill members of other groups?

No, says R. Brian Ferguson, professor of anthropology at Rutgers University-Newark. There is no scientific proof that we have an inherent propensity to take up arms and collectively kill.

In a study published in Scientific American, Ferguson argues that war may not be in our nature at all. People might fight and sometimes kill for personal reasons, but homicide, he argues, is not war.

“There is definitely controversy in the field when it comes to this question,” says Ferguson, who studies human nature, war and peace. “But it is the overall circumstances that we live in that creates the impulse to go or not go to war.”

https://phys.org/news/2018-12-scientific-proof-war-ingrained-human.html

War is all too constant these days.

But why?

Personally, I believe it is the M-IC that makes it constant…..for to them it is more about profit that it is the source…..the answer is always intervention and the use of deadly ordinances and weapons….for this needs to be replenished and in doing so the cash register rings.

There is seldom an attempt to find a peaceful resolution….there are faux “summits” to talk peace but they seldom end in success.

The “Complex” is that never ending snake that eats its tail……

What President Dwight D. Eisenhower dubbed the “military-industrial complex” has been constantly evolving over the decades, adjusting to shifts in the economic and political system as well as international events. The result today is a “permanent-war complex,” which is now engaged in conflicts in at least eight countries across the globe, none of which are intended to be temporary.

This new complex has justified its enhanced power and control over the country’s resources primarily by citing threats to U.S. security posed by Islamic terrorists. But like the old military-industrial complex, it is really rooted in the evolving relationship between the national security institutions themselves and the private arms contractors allied with them.

America’s Permanent-War Complex

“Lego Ergo Scribo”

If Not The Benjamins Then What?

We all have heard about the massive protests in Hong Kong…we are told it is about democracy and the media has given massive amounts of coverage into these protests.

IN the same time there are massive protests going on in Gaza and the West Bank and the media has given nothing as far as coverage…and by the way these are about democracy also.

Why is this?

Over the last weekend it is reported by the MSM that Hezbollah fired rockets into Northern Israel…..

Israel’s military said it fired into southern Lebanon on Sunday after a number of anti-tank missiles fired by Hezbollah targeted its army base and vehicles near the border. Hezbollah was responding to an earlier drone attack by Israel. 

The missiles hit several targets in Israel’s border town of Avivim on Sunday, the Israeli army said, adding it responded by shelling 100 targets inside Lebanon.

Israel, however, said the attack did not lead to any casualties on its side.

(AJE)

In the same time frame Palestinian protesters were shot and killed by Israel’s military and yet there is still NO coverage by the MSM.

Why is this?

Someone said that Israel has its hands everywhere in the US and that their dollars pay well for our politicians and others.

Of course that person was attacked as an anti-Semite even when NOTHING was said against the Jewish religion…..so I guess I will be labelled as such sense I will not bend over for Israel or any of their fingers of influence, which are many.

Why is this?

Why is one democracy movement more newsworthy than another?

Whys is one potential conflict more important than another?

If it is not about undue influence then why is not actual reporting more balanced?

The mainstream media is lying to the public and Americans are deluding themselves it they think it is anything other than influence and the “Benjamins”.

The MSM is always looking into the meat of any incident whether violence, or whatever….but they refuse to do so with Israel.

Why is this?

If they want to promote democracy then do so fairly…..until then maybe the MSM should take a good look at what they are and a news organization is not anywhere near that definition.

There was a time when Israel did not control our president or our Congress……

Representatives Ilhan Omar and Rashida Tlaib as “anti-Semites” and for “hating Israel”—labels that Mr. Trump will likely apply to varying degree to Democrats during the 2020 campaign. 

Both Democratic congresswomen endorse boycotts, divestment, and sanctions—as well as UN censures of Israel—to support Palestinian rights. The American Israel Public Affairs Committee, among other interest groups, insists that BDS “intends to delegitimize” if not “destroy” Israel, and many politicians in Washington agree. 

Yet interestingly, Omar and Tlaib are echoing the Republican Party’s support of censures and repeated threats to apply economic sanctions against the Jewish state from the days of President Dwight Eisenhower. 

Eisenhower tightly controlled U.S. foreign policy and was pivotal to the UN Security Council’s censuring of Israel in November 1953, March 1955, and in January 1956. The reasons for each rebukes were similar, as they all involved what Eisenhower believed to be illegal aggression and violence against Israel’s Arab neighbors. 

When Eisenhower Republicans Censured Israel—Three Times

That is right……a US president that did not kiss the ring of the Israelis.

The smell of Benjamins.

“Lego ergo Scribo”