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Prosper

Prosper's Journal
Prosper's Journal
January 9, 2020

In my thread about Bernie the solution it was said:

“ lots wrong with our society“.

How did we get there?

Top 1% probably don’t think they have been wronged.

January 9, 2020

Bernie is the solution to everything. His highlighting the

value of human life with Medicare for All addresses the 4,500 people that die each month because it’s too expensive to save them. How can human rights be respected by letting thousands of people suffer more and die earlier every month. Start giving people hope and reasons to live instead of showing them they are expendable.

January 8, 2020

Will Trumps assassination of Shahid Soleiman prevevent

or cause more carnage than the threat implied to Shahid Soleiman ????

January 7, 2020

Watching a Bloomberg commercial I get: "Bloomberg says under him nobody will be denied

seeing a doctor or getting medicine. That followed by a testimonial that he did it when he was mayor.”

Pretty appealing but ??????

January 4, 2020

Nuclear is the growing option for war. The USA can't fight a long conventional war because most

of our repair parts would have to come from China or another foreign supplier.

“China supplied 80% of the rare earths imported by the United States from 2014 to 2017.”

Rare earths are used in the manufacture of the rechargeable batteries used in “” the computers in”” all our trucks, cars, construction equipment.....

The US is losing the high-stakes global battery war - The Verge
Aug 13, 2018 · ... China, Japan, the United States, and Europe have scrambled ... down with LeVine to discuss how the United States lost its lead, .... If you have solid state figured and it's safe and you get ...

January 3, 2020

**. There is a lot taken for granted with the retrain and relocate solution for displaced workers.

It takes at least and usually more than $5000 to relocate a family to a new area. Training costs money and it takes even more money to move and live on until an income is forthcoming. The booming Trump economy has absolutely no benefit to displaced workers. The real solution is to get the trillions of dollars providing interest income into the real economy of making products to sale. It can be done painlessly with incentives to attract lazy money to jobs producing investing.

December 31, 2019

Did Biden say he would consider a Republican running mate?

According to this clip he did. What would be the purpose of saying that?

https://www.washingtonpost.com/video/politics/biden-says-he-would-consider-picking-a-republican-for-vice-president/2019/12/30/51f91b18-fe62-4416-8ac3-49d855571a61_video.html


Washington Post Media Bias
The Washington Post was given a lean left bias rating that AllSides is highly ... In recent decades, the Washington Post has been accused of both liberal and

December 16, 2019

- - Games need bats, balls, equipment and money to play.

Suppose that all the winning teams got to keep all the equipment. Eventually one team would have all the equipment and the games would be over for good.

Money is the tool needed for the game of life. Every year the big winners take more money out of the game and people suffer and die. The financial sector needs to be regulated like the major sports so everybody has a chance to play. More than 50 years of right wing laws have let the big winners take more money out of the economy killing factories and jobs and people. The laws designed to make our economy institutionalized instead of one hit winners taking the money and running have to be tossed out and new laws including an aggressive increasing tax code for the wealthy have to be passed. Put the banks back to strict regulations preventing large losses. Eliminate the making money for making more money trading and incentivize products for sale. Give opportunity and good paying jobs back to the working class and they will spend the money back to prosperity.

December 12, 2019

Rectify the mess Phil Gramm made and a lot is possible.

Phil Gramm is of the right wing winner take all and solve your own problems. This country would be enjoying prosperity for all if most of the investment money wasn’t stagnated in non productive side bets which is essentially what derivatives are. The passing of Phil Gramm’s Commodities Futures Modernization Act sabotaged our economy by massive deregulation, legalizing previously illegal trading, reclassifying and opening up the definition of futures and doing away with the major laws made to prevent another collapse. 2008 was not enough of a warning to stop dangerous financial practices. Right after leaving the Senate Phil Gramm went to work for UBS. (His time at UBS is very dark and UBS is in trouble). Below are results helped by Gramm’s CFMA he rushed through with a last minute vote.

The derivatives market is, in a word, gigantic – often estimated at more than $1.2 quadrillion on the high end.

https://www.investopedia.com/ask/answers/052715/how-big-derivatives-market.asp

Some economists state that the 1999 legislation spearheaded by Gramm and signed into law by President Clinton—the Gramm–Leach–Bliley Act—was significantly to blame for the 2007 subprime mortgage crisis and 2008 global economic crisis.[22][23] The Act is most widely known for repealing portions of the Glass–Steagall Act, which had regulated the financial services industry.[24] The Act passed the House and Senate by an overwhelming majority on November 4, 1999

https://en.m.wikipedia.org/wiki/Phil_Gramm

Tax Reform Unleashed the U.S. Economy
The Wall Street Journal
ECONOMICS

Phil Gramm
March 4, 2019


https://www.aei.org/articles/tax-reform-unleashed-the-u-s-economy/

Gramm’s comments and ideas above in the WSJ article are exactly what almost collapsed the economy in 2008. Secular is the key word.

December 9, 2019

'There's something terribly wrong': Americans are dying young at alarming rates

Death rates from suicide, drug overdoses, liver disease and dozens of other causes have been rising over the past decade for young and middle-aged adults, driving down overall life expectancy in the United States for three consecutive years, according to a strikingly bleak study published Tuesday that looked at the past six decades of mortality data.

https://www.google.com/amp/s/www.washingtonpost.com/health/theres-something-terribly-wrong-americans-are-dying-young-at-alarming-rates/2019/11/25/d88b28ec-0d6a-11ea-8397-a955cd542d00_story.html%3foutputType=amp


With record number with health insurance why are more people dying, death rate up, life expectancy down.

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