depression

Enough of Everything but Dollars - The Money Party at Work

Enough of Everything but Dollars

The Money Party at Work

Michael Collins

The government bailout of failed financial institutions locks you into years of debt payments in behalf of the large private banks, debts that you did not create.

By all appearances, it also locks the country into years of a weak economy.  That means unemployment, underemployment, and more suffering for those willing to work, but left out of the job market.  It means lowered opportunities for those who do work and troubles for dependants and indigents.  Vital national priorities including affordable health care and the massive effort required to save everyone form calamitous environmental catastrophes are now on hold or under funded.

Unpublished

Rising Above The Gathering Storm

This is a blog I wrote last year.

EXECUTIVE SUMMARY

CHARGE TO THE COMMITTEE
The National Academies was asked by Senator
Lamar Alexander and Senator Jeff Bingaman of the
Committee on Energy and Natural Resources, with
endorsement by Representative Sherwood Boehlert and
Representative Bart Gordon of the House Committee on
Science, to respond to the following questions:
What are the top 10 actions, in priority order, that
federal policymakers could take to enhance the sci-
ence and technology enterprise so that the United
States can successfully compete, prosper, and be
secure in the global community of the 21st centu-
ry? What strategy, with several concrete steps,
could be used to implement each of those actions?

Page 8
BEST AND BRIGHTEST [where have we heard that before? Google it.]
IN SCIENCE AND ENGINEERING HIGHER EDUCATION

RECOMMENDATION C: Make the United States the

OPIC - Overseas Private Investment Corporation

We have all heard of the Export / Import Bank (EXIM). We have heard of vague references to trade manipulation, balance of payments, debtor nations, World Bank, World Trade Organization (WTO), violent protests around the world, including Seattle (who were those people?), etc. Few have heard of OPIC. Overseas Private Investment Corporation is a department of the United States Treasury. Immediately you may wonder why “Private” and United States are associated in the same sentence. I was curious. It’s exactly what you think.

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