ENOUGH IS ENOUGH!


All the G-20 rich countries speak of the Economy, national or global, as if there was an economic process capable to create activity leading to new wealth to sustain the standard of living of the workers. Even President Obama acts as if such an economy existed as the only option of Humanity. His Stimulus publicized as an economic solution to get America out of the Wall-Street financial crisis is a random spread of tax-payers’ money to the corporate managements that have sunk their companies in bankruptcy by incompetence or corruption. These failed Managements claim that they would invest the bail-outs of the Stimulus in new equity to sustain or create employment. At the same time, they give ultimatums to the Unions to invite their members to make concessions to management and accept a reduction in salary. Without the Union concession, layoffs would be the action of these failed managements.
Politicians, Media gurus, preachers and all those who earn their living by blabbing and blabbing and blabbing have not noticed (or pretend not to notice) that since 1929 all the regulations of classic democratic economics, globally and nationally, have been abandoned by the Speculators, the Bankers, the CEOs of Multinational and the financiers. globally and nationally now we have a totally erratic, anarchic free-for-all that the G-20 call their economics, incapable to take action to respect the Kyoto accord, incapable to create jobs for the unemployed all over the world, incapable to correct the damages of pollution but extremely able to misuse the tax-payers’ money.
Hon. Obama is an articulate orator who seems honest. He spoke of a change in the campaign but nothing has changed and his only “accomplishment” is the Stimulus that works for the filthy rich (with the approval of the Capitol) at the expense of the unionized workers that have to add to the bail-outs of the rich a chunk of their salaries, to avoid being layedoff.
The Unions must bang the negotiating table and shout: Enough is enough. A President was elected by the majority of American not by politics. That majority wants a real change... If the Secretaries that the Capitol has given him are incompetent he should change them by people recommended by the Union, representative of the 53% apolitical that elected the President. Obama must start governing for the people, by the people and with the people.
In the political troop around the president, is there somebody that noticed that FDR corrected the economic crisis with public works managed by the TVA with financing directly from Federal Reserves? That solution is possible immediately because statutory the dollar still has a fix value pegged to the Reserves in the Central Bank of America. The quotations in the no-value paper commodity called dollar have no relation with the tangible value of the currency which is determined by the Federal Reserves in relation with the tangible assets stored in their coffers. The value in the Federal Reserves that sustains the “currency not the paper” is the foundation of Main Street Economics, and President Obama is intelligent and educated enough to know that he can use immediately the real economics of America, and - like FSR’s precedent - borrow money at 0% interest and a 100 years term from the Central Bank to launch a massive program of public works by supporting the small and medium size new, clean industries, through the municipal civil service.
I challenge every politician in Washington and in the State and Municipal governments of America and or the G-20 to prove that the Central Bank is not a -property of the workers and must be used exclusively to improve the standard of living of the people.
Come on, big blabbing political traps... Write to The Breadwinner shutting me up?... Does Mr. David Axelrod, Senior Advisor and personal friend of the President have any statement that would legitimize the misuse of the Worker salaries and the Union contracts that is being perpetrated now while the Stimulus is working for the filthy rich? .... This charade reminds me when Reagan wipe out the Air Traffic Controllers just to please the Air line Executives... Today, those executives have bankrupted all the Air lines in the World.
If President Obama is advised to fool around with the livelihood of the people, his trickling down charade may have worst consequences that the cynicism of Reagan.

Jorge Torrealba, Specialist in Scientific Human Economics,
Halifax, NS. Canada.
human.economics@ns.sympatico.ca
www.e-libro.net (6 Scientific Human Economics books available).