When Are We Gonna Bite the Bullet and Publish “Pervasive” Fraud by our “Most Reputable” Politicians' ?

commentary by Roger Erickson

“Pervasive” Fraud by our “Most Reputable” Banks - by Bill Black.

This is great. We know for sure that this is necessary but not suffiencient. What must we do next?

Consider The Winds of Reform of 1983, that were subsequently snuffed out, just as the subsequent S&L-triggered reforms were a decade later. The entire New Deal of 1933 is also being systematically snuffed out, with a significant, damping touch added just today with our "across the board cuts" that equate Social Security with runaway MICC spending - thereby finally providing the plausible excuse to start cutting both SocSec, Medicare and other minimal Automatic Stabilizer that happen to stabilize the middle class, not just the 1%.  

Corporate Wefare for the 1% has gotten so out of hand that they don't mind trimming a toe-nail in order to "equalize" lopping off the last head of our declining middle class.  Gutting the CFTC and Glass-Steagall were only a step in a mindless trail of - LARGELY UNOPPOSED - tactics by the 1%, bereft of any sustainable national strategy. 

Narrow tactics masquerading as national goals is still assisted suicide for all. The bulk of the 1% are just too anal, OCD and sociopathic to even recognize it.  It's not in their repertoire to think more than one quarter ahead, otherwise they wouldn't be over-hoarding static assets in the 1st place!  Forget our static assets! Who's gonna hoard our capability to generate dynamic assets? It's up to us. You and me.

Ok. We know that. Get over it.  It's become a boring story. What do we do next? To move beyond necessary, and on to sufficient - what do we need to have every last, single member of the US electorate read, AND THEN ACT UPON?

How about: “Pervasive” Fraud (innocent or not) by our “Most Reputable” Politicians.

Followed by: "Pervasive Self-Delusion by our Most Reputable Electorate."

Followed by: "Pervasive Mis-Education by our Most Reputable Schools."

Followed by: "Pervasive Mis-Raising by our Most Reputable Parents (and villages)."

At that point, all we've done is get the mule's attention, with a few 2x4s.

The electoral mules will then be asking what to do.  We don't have to answer!  Seriously. How do we get to the bottom of this and define the inflection point we can all rally to as a clearly attainable turning point? Just tell all those mules to LISTEN to the suggestions and requests pouring out from their own young'n's - and help the young select more wisely than we did.  The goal is to improve the NET quality of distributed decision-making - meaning that no decision is ever made in isolation. Rather, there is a long-tail of interdependency repercussions for all decisions. That long tail spectrum can only be ordered using feedback widely enough & continuously enough pre-gathered.  Only the prepared can improve, through ongoing, culture-wide practice.

There are so many degrees of freedom, we need some global reference to orient all efforts to. Right now our economic engine is getting the equivalent of about 1 mile per gallon, and we're passing out from the fumes! Just when we could EASILY be building and enjoying an economic engine capable of things we can't yet even dream of.  Where do we start? Education? Making sure our electorate 20 years out isn't as ill-informed as our present one is? How would we ensure that?

Wouldn't an open discussion forum among people across the entire spectrum of our 2000 or so NAICS codes help with Situational Awareness? Instead of letting a success of narrow lobbies try this, then try that, then bring in another overly isolated administration to try too few of other unimaginative plans .... can't we compare notes and figure out a way to parse our exploding national options more productively?

We really do have to start doing things differently. Our entire methodology isn't keeping up any more.