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On Nixon, it seems clear (now) that Tricky Dick's underlings made some very broad assumptions about the "yield" of Intel from the Watergate break-in. The number one reason why the did it, according to G. Gordon Liddy, was to plant listening devices so they could spy on the DNC over the long term.
The Constitution makes it clear that government should play a role in simple regulation. It's not there to run the economy, but it is there to make sure that we trade honestly and avoid poisoning ourselves. We're always going to debate just exactly WHAT the national interest is, but we'll always agree that good government is benevolent. [(1) well meaning and kindly. (2) charitable rather than profit making.]
In the years to come, Federal agencies will come to dominate the U.S. economy. It'll become "managed" in much the same way that the Europeans handle theirs. I'm not thrilled about that, but its what I see coming. Civil service will expand and we'll no doubt be getting a few new agencies. It'll be a far cry from what I was brought up to believe in, so I'll be speaking out against it when I see injustice.
Nobody owns the franchise on good government. Our Best Interest requires constant defending, by all of us.
What do you think about trading in foreign currency? While I see the benefits in comparison to stocks right now, it feels somewhat traitorous to me. I have a student writing about it right now, and I wondered what all of you might think of that as an option for hedging one's bets in this recession/depression?
What reforms do you think are necessary to the current banking and finance system? It occurs to me that speculators have unintentionally done too much damage. Can you imagine this happening in the 1970's?
What reforms do you think are necessary to the current banking and finance system? It occurs to me that speculators have unintentionally done too much damage. Can you imagine this happening in the 1970's?
I don't see a convention like that taking place until some time after a revolt or prolonged period of social unrest.
Originally posted by donwhite
Using Apache and Comanche helicopters the Armed Forces could swoop down on small bands of rebels and OBLITERATE them in short order. The 30 mm chain gun would cut then down so fast you could not count the flying body parts! All this to the cheers of the champagne drinking caviar tasting White House National Stability Council and its staff operating under a SECRET Executive Order! Come Quick Sweet Jesus!
I'm rushing through here today. Sorry. On the Nixon point, it seems clear (now) that Tricky Dick's underlings made some very broad assumptions about the "yield" of Intel from the Watergate break-in. The number one reason why the did it, according to G. Gordon Liddy, was to plant listening devices so they could spy on the DNC over the long term. I am inclined to agree with Liddy's admission. I refer you to the 1974 film, "The Conversation," starring a young Gene Hackman. Even now, both parties do spy on each other, using the most elaborate means.
I note with some interest that neither Congress nor the oil companies are talking about the need to fix the rules for building new refineries. they are broken.
Today's well financed environmentalist movement can fight the oil companies in court ... to such an extent ... that nobody wants to undergo the expense of attempting to build new refineries.
National interest will not prevail until things get verybad. Wait for asline to excede six dollar a gallon, and we may start to see some movement on teh issue of refineries. As of now, the firms that make up big oil have no reason or incentive to incresae refining capacity. If and when eh political climate turns ugly, they'll move to improve their image and ask for some of those reforms.