In case you missed that line it came from economist Dr. Paul Krugman from his daily blog. What Krugman says in this particular edition is something that most in popular media have been afraid to say – that one of our two major political parties have “gone off the deep end” and
“Over the longer run the point is that one of America’s two major political parties has basically gone off the deep end; policy content aside, a sane party doesn’t hold dozens of votes declaring its intention to repeal a law that everyone knows will stay on the books regardless. And since that party continues to hold substantial blocking power, we are looking at a country that’s increasingly ungovernable.
The trouble is that it’s hard to give this issue anything like the amount of coverage it deserves on substantive grounds without repeating oneself. So I do try to mix it up. But neither you nor I should forget that the madness of the GOP is the central issue of our time.”
Krugman is ever so right and I thank him for being so forthright in saying what many have been thinking. Now the battle is to root out the craziest on the right. But that will not be easy to do in a gerrymandered situation where safe Republican seats are increasingly held by the wing of the Republican Party that wants chaos and non-governance. We truly need a responsible party on the right, not a bunch of hooligans set on destroying government from the inside.
Ready For Privatized Water?
The wheels of ALEC sometimes turn slowly, but never forget what they are about – privatizing anything and everything. Later this year I expect we will be treated to the auctioning of publicly held goods to those seeking to wrench every nickel of profit from a bad situation in Detroit. And Detroit will just be the leading edge of municipal and county sell-offs throughout the country over the next decades.
In legislatures across the land the powers to tax at the lowest levels of government have been greatly cut back to the point where cities of all sizes will be hard pressed to pay their bills thanks to ALEC legislation. This has already happened in Iowa. We can then expect that cities will have to look for different ways to finance what they can. Those who run ALEC will be prepared with legislation to push cities to sell of municipal services. One of the most popular such services on the block will be municipal water services. Imagine now what it would be like if you were paying 5 to 10 times what you now pay for water?
Looks like we have a choice of stopping the ALEC express to privatize everything or electing legislators who will turn back ALEC initiatives.
Keep An Eye On This:
“A strange, newly discovered particle could shrink a laptop computer’s hard drive to the size of a peanut and an iPod’s drive to the size of a rice grain.
The particle, called a skyrmion, is more stable and less power-hungry than its conventional, magnetic cousin. Besides storing data in ultra compact media, skyrmions could lead to faster computers that combine storage with processing power and usher in smaller and smaller devices that have the same computing power as a desktop machine.”
One More From Dr. Krugman
“The truth is that we understand perfectly well why recovery has been slow, and confidence has nothing to do with it. What we’re looking at, instead, is the normal aftermath of a debt-fueled asset bubble; the sluggish U.S. recovery since 2009 is more or less in line with many historical examples, running all the way back to the Panic of 1893. Furthermore, the recovery has been hobbled by spending cuts — cuts that were motivated by what we now know was completely wrongheaded deficit panic.
And the policy moral is clear: We need to stop talking about spending cuts and start talking about job-creating spending increases instead. Yes, I know that the politics of doing the right thing will be very hard. But, as far as the economics goes, the only thing we have to fear is fear-mongering itself.”
Daily Kos Article Well Worth The Time
Unfortunately way to long to reprint here. If you have a little time today please follow this link to see the stories you don’t see in our current media set up.