“I was in love with the idea of Obama.”


Urgent! The White House announced that in a big speech tomorrow, President Obama will do what no Republican President has been able to do: Put Medicare and Medicaid on the table for potential cuts.

Many former Obama volunteers, donors, and voters are deeply disappointed. A Democratic Congressman said on MSNBC last night that Obama needs to “act like a Democrat.”

Will you sign this urgent pledge, which we’ll deliver to the Obama campaign?

“President Obama: If you cut Medicare and Medicaid benefits for me, my parents, my grandparents, or families like mine, don’t ask for a penny of my money or an hour of my time in 2012. I’m going to focus on electing bold progressive candidates — not Democrats who help Republicans make harmful cuts.” Click here to sign.

Below are some amazing notes from Obama volunteers who worked passionately for the President in 2008.

Many people still want to believe in President Obama. But the White House needs to understand that their actions now will have real consequences for 2012. The level of grassroots enthusiasm will be determined by whether the President fights for bold progressive change — and takes cuts that hurt grandparents, the disabled, and kids firmly off the table.

The White House will absolutely be watching the progress of this petition. And we’ll deliver the pledge signatures to the Obama campaign headquarters in Chicago.

Please sign today — then, pass it to others who worked to elect President Obama in 2008.

 


NOTES FROM ACROSS THE NATION:

Susan Carpenter, Obama volunteer from Ohio:

“Like many volunteers on his campaign, I was in love with the idea of Obama. I haven’t given up on him quite yet, but I’m mustering the energy to work on the resistance. He needs to know who we are.”

John Rotolo, Obama volunteer from Florida:

“I’m almost too heartsick to comment…I’m at a loss.”

Barbara Louise Jean, Obama volunteer from Nevada:

“It’s ludicrous to cut Medicare for seniors when Wall Street created this mess without being held accountable. At 69, I’ll be in financial trouble if Medicare benefits are lowered.”

Joelle Barnes, Obama volunteer from Pennsylvania:

“This is like a knife through my heart! This is a Republican thing!”

Suzanne Fair, Obama volunteer from Maryland:

“I know he has to compromise sometimes, but it seems that he is caving to the Republicans far too often. We elected him for real change and I would like to see him stand strong against the corporate rich.”

Margaret Copi, Obama donor from California:

“I contributed more to Obama’s campaign than I have to anything else in my life, but no more dollars from me and definitely not a moment of volunteer time, unless he makes huge shifts and starts to fight for the peoples’ interest.”

Frankie Perdue, Obama volunteer from Colorado:

“I do not think that Medicare/Medicaid and Social Security should be on the negotiating table at all. Have the corporations pay their fair share of taxes.”

Deborah Finn, Obama volunteer from North Carolina:

“This is wrong! We did not elect Obama to have him make cuts in valuable, important programs. He needs to stand up to the Republicans. And he needs to speak to the American people about why it is morally wrong to cut the programs.”

Michaele Bonenberger, Obama volunteer from South Dakota:

“This does not sound at all like the Barak Obama that I worked so hard to get elected in 2008.”

Dotty Hopkins, Obama volunteer from California:

“It makes it hard to gin up enthusiasm for 2012. More like hold your nose and vote again! As a former Obama volunteer, I’m already worrying about my lack of desire to do any campaigning and I’m on our County Central Committee for heaven’s sake.”

The White House needs to hear your voice — sign our pledge today. Then pass it on to others.



To Renew Economics and free it from imperial control

CSPER

Neoclassical economics has severe flaws.    But since the field is captive to the monopolistic money and banking system, it is very difficult for economists who are aware of this to speak up.   If they were to speak about the flaws, their careers would be severely limited.   Only the most narrow economists who reinforce the status quo of the debt-based monetary system get rewarded. But they are building an insane system.                                           They continue putting their faith in a false religion that passes for science—a religion that says globalism and infinite scale are “good” as the system continues conquering new territory and killing off the things discussed on CSPER.

                                     The top 10 flaws of neoclassical economics

1. Money monopoly = free market Neoclassical economics calls our current system under a private monetary monopoly a free market. Of course nothing could be further from the truth. The monetary system is an overlay on top of the economic system. Economic systems create value through market activity, but the monetary system on top of them determine who captures that value. Neoclassical economics completely ignores the overlay and the fact that it is controlled by an entrenched private monopoly.

2. Ignores that money comes from nothing but debt Economics does not address the fact that all money comes from debt. It assumes that base currency (M0, core money) is just a free-flowing medium of exchange that apparently comes from the US Treasury. It does not. It comes from the Federal Reserve backed by debt.

3. Ignores the artificial scarcity condition Economics ignores how a debt-based monetary system imposes scarcity on countries and populations. There is never enough money to pay back all the debt, so everyone is forced to jump on the hamster wheel, scrambling to find more money to pay back debt. This dynamic is perpetual. It never stops until the system crashes. It need not be this way.

4. Equates net worth with value creation Economics ignores how the financial class and others serving the upper end of the capital structure capture more money simply because they have entrenched power. They extract value. They do not create it. Economics is correct that participants in the economic system create value, but it misses the fact that the monetary system on top of the economic system determines who captures that value.

5. Assumes free, rational, economic actors by ignoring power differential of debt The power differential caused by the monetary system is ignored by economics. This is the only reason the system is erroneously called a “free market.” The monetary system is entirely centripetal, sucking all power to the center, the top tiered financiers. People are in servitude in a very controlling market, not a free market.

6. Ignores the instability of having a pure debt-based monetary system Economists ignore that the economic system is guaranteed to boom, bust, and eventually end because the monetary system on top of it is completely unstable and fundamentally flawed. It depends upon increasing debt. It cannot increase forever, and it can collapse to zero since people have no sovereign money.

7. Ignores the wealth illusion By not addressing the issue of debt-based money, economics fools people into believing the digits in their bank accounts represent wealth. The fact is they represent a conditional liability, i.e. somebody else’s debt. This becomes obvious during deflation. The illusion is reinforced during inflationary periods.

 8. Ignores perpetual exponential growth Economists inconceivably ignore the most severe flaw of the monetary system that drives our economic system—it requires exponential growth. This guarantees eventual failure, but neoclassical economics conveniently assumes that problem away.

9. Ignores perpetual increasing scale As a result of perpetual exponential growth, institutions in the system continually get bigger and bigger. We saw this as the economic system made towns, counties, and states irrelevant through the last century, and we are now seeing it as mega banks and corporations are now making national governments irrelevant. People are now living as tiny cogs in a machine of incomprehensible scale. Everything in life has been monetized, so things that don’t generate bank credit get devalued (spirituality, psychology, rest, joy, play, etc).

10. Ignores perpetual increasing velocity Another problem from exponential growth is perpetually increasing velocity.  The system has to chug faster and harder as it continues to grow.  This means human life has to chug faster and harder.  The most obvious manifestation of this is the endless, hectic commutes every morning to jobs we despise. We feel frustration, sometimes rage, toward our fellow commuters. That is just one small example of how systemic velocity affects the human spirit.  

Copyright CSPER 2009 – 2010