Showing posts with label sustaining evolution. Show all posts
Showing posts with label sustaining evolution. Show all posts

Wednesday, July 22, 2015

Where Are The Statesmen (& Women) Who Can "JUST SAY NO!" ?

   (Commentary posted by Roger Erickson)

An ex-senator, a former CIA officer, and an Iraqi mogul lobby Congress for a private army, led by Saddam’s officers, to take on the terrorists that have trampled America’s proxies.

What could go wrong?

Wasn't ISIS started by, and is still led by, Saddam's officers? You can't make this up.

Create 2 sides, & sell weapons to both? That sounds rather familiar.

Twerks fur mi!

Where indeed are the Statesmen who can "Just Say No!" ?

And, ahem, the Stateswomen?

What happened to an ounce of prevention? Not profitable enough? Just think how little a microgram of prevention would have cost, back when we had the options of not overthrowing yet another government, to, you know, prevent an audit of some corporations shady bookkeeping.

Revolutions are always justified, but invasions and rebellions alike are always betrayed ... before they're even finished?

A reminder: Fiat currency operations are NOT about individuals making personal gains in the stock market. It's about making people aware of aggregate options worth exploring.
"How do you get people to explore their options."
Personal or aggregate.

In a conversation years ago, Warren Mosler asked me: "How do you get people to explore their options."  That was a killer question that stopped me in my tracks, and honestly, I've been researching it ever since. And, the answer is: that much is actually known, most of it is actively ignored, it's not formally taught in K-12 schools, and the task gets bigger every year ... and harder, every day that we neglect it. What is known is subtle, trivially easy, not immediately profitable, but is the actual key to sustaining short term, medium term and long term cultural evolution. It's all about an ounce of preventive preparation avoiding the spiraling repair costs associated with narrow, get-rich-quick schemes.

To repeat an old message. MMT is not economics. Rather, it is a description of pragmatic fiat currency operations, which COULD be applied to fiscal and monetary policy, if there were even a few more pragmatic people left in the USA.