BLM Founder Spends Thousands

The controversial Marxist co-founder of Black Lives Matter recently completed tens of thousands of dollars in renovations at her posh Los Angeles home, including building a new plunge pool and backyard sauna, according to a new report.

Patrisse Cullors, 39, the former leader of Black Lives Matter Global Network Foundation, also added a children’s play area for her young son outside her 2,580-square foot three-bedroom, three-bathroom home in Los Angeles’ Topanga Canyon neighborhood, photos show.

The images reveal a deep plunge pool that has yet to have water added, as well as a small shed that houses the sauna. A child’s swing set and covered slide is also visible in the photograph.

Cullors, who resigned from the national group a month after The Post revealed that she had gone on a real estate buying spree last year, paid $1.4 million for the Topanga Canyon home in March 2021, according to public records.  READ MORE...

Capitalism

Capitalism is a system of largely private ownership that is open to new ideas, new firms and new owners—in short, to new capital. Capitalism’s rationale to proponents and critics alike has long been recognized to be its dynamism, that is, its innovations and, more subtly, its selectiveness in the innovations it tries out. At the same time, capitalism is also known for its tendency to generate instability, often associated with the existence of financial crises, job insecurity and failures to include the disadvantaged.

There are basic questions about capitalism that have hardly begun to be studied.  

1. What economic and social institutions engender innovation in the more capitalist of today’s advanced economies, and what institutions function badly in this regard? 
2. How large are the benefits of this system both in productivity and more broadly in the rewards to its participants? 
3. How much worse (if at all) is this system with respect to stability and inclusion - compared with corporatist systems found in continental western Europe and east Asia? 
4. What changes or additions to those institutions and policies could be hoped to improve its dynamism, stability or inclusiveness? 
5. Are capitalists systems more or less prone to financial crises than corporate ones? 

The mandate of Columbia’s Center on Capitalism and Society is to advance our scholarly understanding of capitalism’s workings, its social benefits and costs, and its place in a democracy.

The Debate Over Capitalism
The claims for capitalism differ from the classical case for a competitive market economy. Adam Smith’s thesis two centuries ago was that the presence of many buyers and many sellers competing with one another in the marketplace would weed out wasteful resource allocations “as if by an invisible hand.” (So, in equilibrium conditions, one person’s earnings could not be further increased except at the expense of another’s.) This valuable ability of unimpeded markets could not be matched by a central government bureau, as Ludwig von Mises warned the socialists in the 1920s. But Smith’s insights left it unclear how or whether economic change might be generated. Would competition among firms suffice to generate change, with or without private ownership?

A few central European economies twice became laboratories in recent decades for testing competition without private ownership. From the late 1960s to the late 1980s they allowed each state-owned firm to set their own prices, outputs, wages and workforce in competition with the others. Whether or not efficiency improved, it was clear that economic dynamism did not ensue. It was said in defense of these state firms that their managers’ plans for them were often blocked by the state and that the managers knew they could get their losses covered by the state so they didn’t need to take chances. In the 1990s, the state firms were put on their own. This time, with their backs to the wall, they began innovating like mad, hoping that with luck it would be their ticket to survival. But these state firms were not able to innovate successfully.1 Competition, it appears, is not sufficient for economic dynamism.

More recently, it has come to be argued that the corporatist economies of east Asia, which had achieved wonders when there was a yawning gap with the West, ran into trouble in the 1990s because state intervention in the corporate sector through permissions, subsidies and guarantees led ultimately to mass overinvestment and insolvency.2 On this thesis, private ownership is not sufficient for dynamism either: capitalism, in which capital is free to go in new directions without a green light from the state, becomes necessary at some point in economic development if dynamism is to continue.  READ MORE...

AOC's Intelligence Showing...

NATIONAL
AOC RESPONDS: Ocasio-Cortez Defends $58 Sweatshirts Because ‘Transactions Aren’t Capitalism’
posted by Hannity Staff - 7.20.21

Congresswoman Alexandria Ocasio-Cortez responded to growing criticism on social media Monday night after Reuters reported the Democratic Socialist spent $1.4 million on ‘Tax the Rich’ themed merchandise for her web store.

“Not sure if you know this Sean, but transactions aren’t capitalism. Capitalism is a system that prioritizes profit at any & all human/enviro cost. But [for what it’s worth] our shop is unionized, doesn’t operate for profit,& funds projects like free tutoring, food programs,& local organizing,” fired-back the lawmaker to former White House Press Secretary Sean Spicer.  TO READ ENTIRE ARTICLE, CLICK HERE...

Socialism NOW....

CAPITALISM is an economic and political system in which the country's trade and industry are controlled by private owners for profit rather than by the government...

It is because of capitalism the the United States has so many millionaires and billionaires because they only motivation for these people is increasing their profits.  In order to increase one's profits, one must have a labor force that can be manipulated an financially abused so that the owners can increase their profits.  These profits usually go into the pockets of the owners or back into the company to expand BUT NEVER is shared with the workforce that were responsible for creating those profits.

THIS IS WHY CAPITALISM SHOULD BE REPLACED BY SOCIALISM...

Government should own the trade and industry so that the profits can be highly taxed, used for expansion, or equally divided among the workers.  However, in lieu of sharing profits with the workers, governments can use the tax to provide free services like:

• free education
• free healthcare
• free housing
• free food
• free clothing
• free transportation
• free entertainment
• free recreation

It is TOTALLY UNFAIR that some people are born with extraordinary athletic skills and can therefore used those skills to make more money than those people who are not born with those skills...   UNFAIR...  UNFAIR...  UNFAIR...

American Capitalism

Capitalism is often thought of as an economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that can serve the best interests of society. The essential feature of capitalism is the motive to make a profit.

Unfortunately...  capitalism does not always serve the best interests of society but it always serves as a motive to make a profit.  In fact, making a profit is the single most important feature of capitalism and what draws people into the capitalistic form of employment, either as an entrepreneur, as a owner of a factory or some form of enterprise, as a college graduate, or even as a common laborer or factory worker.

In capitalism, workers earn their wages from a company and not from the government for essentially not working at all.

Stockholders provide the necessary capital (funds) that enable for businesses to expand and grow and in return they are provided with a quarterly dividend and a potential growth of their stock in case they ever wanted to sell what they owned.

The downside of this arrangement is that companies oftentimes make decisions based upon what is in the best interest of the stockholder not necessarily what might be in the best interest of the company's employees or their future...  especially when two companies decide to merge together in order to improve economies of scale and raise their stock prices...  they no longer need all the employees of both companies...  so, there are typically layoffs.

RESULTS:  

Winners are the stockholders of the new company and its surviving employees

Losers are those who lost their jobs for one reason or another

NOTE:  Employees learn to stab each other in the back in order to protect their current and future positions with the company, leaving a bitter taste in everyone's mouth and a desire to finally retire as quickly as one can...

Social Security is SOCIALISM

SOCIALISM is a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.

Examples:  anything public that is owned by the government like: public transportation, public education, public healthcare, public social security

DEMOCRATIC REPUBLIC is a form of government operating on principles adopted from a republic and a democracy. Rather than being a cross between two entirely separate systems, democratic republics may function on principles shared by both republics and democracies.

• Democracy is a system of government by the whole population or all the eligible members of a state, typically through elected representatives.
• Republic is a state in which supreme power is held by the people and their elected representatives, and which has an elected or nominated president rather than a monarch

Example:  people governing themselves like the United States

DEMOCRATIC CAPITALISM also referred to as market democracy, is a political and economic system that combines capitalism and a strong welfare state curbing the excesses of individual freedom. It integrates resource allocation by marginal productivity, with policies of resource allocation by social entitlement

DEMOCRATIC SOCIALISM is defined as having a socialist economy in which the means of production are socially and collectively owned or controlled, alongside a democratic political system of government.

Social Security is a form of social welfare that ensures the elderly have some minimum level of income...   and, social welfare is nothing more than socialism as it is controlled and offered by the government on behalf of the people.

Without Social Security many of America's Elderly would not be able to survive...  and, with this statement I am reminded of a television commercial about the elderly Jews in Russia and how difficult it has been for them to survive and that many of them are living on $2/day and are barely surviving...  Russia has no social security programs for their elderly which is why they are living like they are and why people are asking Americans to donate money to them...

The same issue would happen here in America if it were not for SOCIAL SECURITY unless families stepped up to the plate and took care of their parents, brothers and sisters, and other relatives that might be in need.

WHY DO WE NEED SOCIAL SECURITY IN THE USA?

Many people like myself did not earn enough money during their careers so that they could save some of that money for retirement.  Many people who are in similar situations are forced to continue working until they cannot do so physically or mentally.  Others, like myself, live in areas where the cost of living is low and not that much money is needed to pay one's bills.

Consequently, the fact that America has social welfare for the elderly is the main reason why I stopped working once I reached the full retirement age of 67.  Not only was working somewhat counterproductive for me and my employer but employers don't take kindly to the elderly because they do not have the physical endurance or the mental agility of the younger generation.  

In short, they are not treated very well at work and are rather encouraged to leave.  Now, bear in mind that this is my personal opinion and may not be applicable to everyone...  it was however, the foundation and impetus for my retirement.

IF ONE'S FAMILY HAS NO DESIRE OR WILLINGNESS TO TAKE CARE OF THEIR ELDERLY THEN OUR FEDERAL GOVERNMENT BECAUSE WE ARE AMERICANS SHOULD WILLINGLY ADOPT THAT RESPONSIBILITY WHICH THEY HAVE FOR THE MOST PART DONE....  at least at this point-in-time...  but funding social security is a huge drain on the tax payers and it would not surprise me if they resist paying for it one day.

Socialism Lives

Socialism, social and economic doctrine that calls for public rather than private ownership or control of property and natural resources. According to the socialist view, individuals do not live or work in isolation but live in cooperation with one another. Furthermore, everything that people produce is in some sense a social product, and everyone who contributes to the production of a good is entitled to a share in it. Society as a whole, therefore, should own or at least control property for the benefit of all its members.

What does this actually mean for you and I?

It means...  FOR EXAMPLE...  that instead of Walmart being owned by the Walton Family it is owned by ALL THE EMPLOYEES and they share equally in the ENTIRE WEALTH of the company...

If Walmart generates $100,000,000 in PROFIT each year and there are 1,000 employees then each person receives $100,000...

Under CAPITALISM, some employees might receive $30,000, some might receive $50,000 while only a few might receive $100,000...

ANOTHER ISSUE is the fact that under SOCIALISM there is no guarantee that each employee will work equally as hard each year to receive their $100,000...

Social Scientists see this same sort of behavior happen when there are UNIONS that negotiate the salaries of the workers as workers know that they will get paid regardless of how hard they work.

GREED: America's Downfall...

In the summer of 1967, I was working as a laborer for a Road Construction Company called Regal Construction up Upper Marlboro, MD that was building a new stretch of Interstate Highway in that area. and had no desire to know if the company was building other highways or not because I was ATTENDING COLLEGE so that I would not have to work as a laborer at $2 per hour.

My reason for attending COLLEGE was personal and selfish:  I wanted a better job and more money...

Little did I know that this was the foundation of our economic free market enterprise system... to continue to make as much money as one can arrange over a lifetime of work and use that money to buy bigger and better THINGS over one's lifetime of work...

As one gets older and wiser and accumulates more wealth, one learns to shelter that money away from taxes even though one knows that taxes are used to provide services to those who are not wealthy and support our government's growth.

In addition to providing for the national defense and negotiating treaties and deals with our countries, our government provides PUBLIC;

• education
• transportation
• highways
• parks and recreation
• welfare
• medicare
• housing
• unemployment
• social security

Each one of these governmental services is a FORM OF SOCIALISM and in order to increase the payouts to any of these services, the government MUST increase its base of TAXES or borrow money from FOREIGN GOVERNMENTS...

DATA FROM 2020

Currently, ONE THIRD of our NATIONAL DEBT is owned by CHINA.

As the wealthy become more wealthy, they shelter away from taxes more and more of their money knowing that the government needs those taxes to pay for increases in those services...  so, the tax burden always falls on those who cannot shelter their taxes like the WEALTHY.

While this is not FAIR or EQUITABLE, it is the AMERICAN WAY which is protected by the AMERICAN LAWS...

Illegal immigration consumes more and more of those services (as well as the low paying jobs) as their numbers increase to the detriment of the American People who also need those services and jobs.

Some of our DEMOCRATIC PARTY citizens want to provide FREE COLLEGE EDUCATION to everyone including ILLEGAL IMMIGRANTS which will, over time, INCREASE GREED EXPONENTIALLY and our Businesses and Industries who are also facing increases in taxes and fewer profits to pay for new product research, have NO REASON to provide employment to these EDUCATED AMERICANS.

Our Government CANNOT FORCE business and industry to HIRE WORKERS unless our government OWNS these businesses and industries which under our current governmental law is not possible or permissible.

THEREFORE and in order to increase the services to Americans, our Government will need to ACQUIRE all of America's Businesses and Industries in order to provide employment to all the college educated citizens so that they can enjoy greater income and enjoy the pleasures of GREED by buying more and more.

AND...  it is these actions...  that will cause America's Downfall...  as our free market enterprise system begins to bite itself in the ass...

Another Morning in East TN

When I was a boy growing up in Alexandria, VA, Labor Day Weekend marked the end of summer because as soon as the weekend was over, we returned to public education and while the weekend was always enjoyable, the threat of going back to school was hanging over everyone's head even though most of the kids my age never gave that reality much thought until it actually happened.  Today, in most States, public education returns in the middle of August and because of the Corona Virus, those schools that do have students in their classrooms will be totally different than when I was a boy.

STINK BUGS ARE LIKE POLITICIANS

It is easy to remember things like this because being retired and having few hobbies or friends that I see regularly, I have nothing much else to do but remember.

However, for some of us here in East TN, the end of summer does not just mark the return of public education and a gradual decline of the heat, but the return of STINK BUGS.

According to TN State University, brown marmorated stink bug (BMSB) is a invasive pest of fruits, nuts, vegetables and ornamentals. The bug was first detected in Allentown, PA in 1998 and has since spread across the United States. The bug was found in Tennessee during 2008 and has since become an agricultural and nuisance pest in parts of the state.  Seasonal cues trigger stink bugs' search for winter quarters; the shortening days and falling temperatures sending them scuttling for cover. If they sheltered beneath tree bark or mulch, it would be one thing. But they prefer sharing your home over winter, piling into cracks and crevices by the thousands.

What got me to thinking about stink bugs was finding one in the kitchen sink on my way out to the back porch to sit, drink coffee, and write.

And...  while I like watching FOX NEWS as opposed to the biased news of ABC, MSNBC, CBS, and CNN, I got tired of them repeating over and over and over again how misleading mainstream media is, how screwed up the Democrats are, and how the 2020 election could have negative consequences for the US as a whole.

After 72 years of life and 45 years of working in a career, I have witnessed very little change in this country and very little meaningful action by either house of Congress.

• So what, if America goes Socialistic...  America already has Socialism
• So what, if America's wealthy gets higher and higher taxes...  that will never apply to me
• So what, if Democrats increase Medicare/Social Security...  that will simply benefit me
• So what, if the Stock Market goes down and down...  I have enough money in savings

I will be dead or dying if and when CAPITALISM starts to die out

I will be dead or dying if and when CHINA takes over America

I will be dead or dying if and when RUSSIA becomes a global leader economically

One of the criticisms of JOE BIDEN is that he has been an elected official for 47 years and has done nothing to change:

1. the wealth gap
2. gender equality
3. racism
4. education
5. illegal drugs
6. immigration
7. crime

HELL FIRE PEOPLE...  this is not just JOE BIDEN but ALL DEMOCRATS and ALL REPUBLICANS...  the only difference now is that the mainstream media instead of being fair and balanced are BIASED FOR  THE DEMOCRATS...