Entries Tagged 'Reviews' ↓
February 8th, 2017 — Government, Reviews
Are you feeling anxious, off-balance and confused? Are you feeling shame, anxiety, and a sense that nothing makes sense anymore? You could be suffering from gaslighting.
I’ve long been fascinated by “psychopaths,” or as they were later called “sociopaths,” and are now labeled, individuals with “anti-social personality disorder”.
Whatever name they’re called by, I’ve met several of of these people over my lifetime. As a 20-year old I was pursued by a psychopath who turned out to be a serial killer. I barely escaped his attentions.
After earning a professional degree I got to know another sociopath quite well because we were colleagues at work for a couple of years.
Her increasingly outrageous antics resulted in many people being frustrated and put off-balance. Chaos and confusion reigned until that organization lost tens of thousands of dollars and she was fired. Continue reading →
November 2nd, 2016 — Economics and Investing, Government, Reviews
Review of Robert Reich’s 2013 Documentary “Inequality for All” – part 4 of 4
“You load sixteen tons, what do you get
Another day older and deeper in debt” (Merle Travis’ song, 1946)
During the last part of his 2013 documentary film, “Inequality for All,” Robert Reich asserts that a big lie was spread in this century. This lie says there exists a form of ‘class warfare’ against the very wealthy.
Those who disagree with higher taxes on the rich say that’s an attack on the ‘1 percent’. Supposedly these attacks come from the ‘99%’ and spring from envy.
Reich replies that this is the opposite of the truth. The middle class are the real “job creators,” not the rich. (See how Reich comes to this conclusion).
Another big lie promulgated in this century is that government is “bad” and financial markets are “good”.
In reality, governments, Reich says, are needed to create the rules by which financial markets function. This is necessary in order to construct and maintain our free market system.
Then Reich steps outside the usual realm of modern economics and harkens back to an earlier era of this field when it was called “political economy”. Reich makes a fourth assertion about income inequality:
High income inequality correlates directly with political polarization
Continue reading →
October 29th, 2016 — Economics and Investing, Reviews, Taxes
“These jobs are goin’ boys and they ain’t comin’ back” Bruce Springsteen “My Hometown”
Review of Robert Reich’s 2013 Documentary “Inequality for All” – part 3 of 4
Two economists, Piketty and Saez have studied US income tax rates over the past one hundred years. Their graph of income inequality looks similar to the iconic Golden Gate Bridge with its two peaks occurring in 1928 and 2007, right before the biggest economic crises in the US.
From this study, Robert Reich can conclude that:
Income inequality correlates directly with lower taxes on the rich and higher taxes on the middle class
Yes, history shows that the lower the tax rates for the wealthy, the higher income inequality in the US becomes. The higher the tax rates on the wealthy, the lower income inequality becomes. Continue reading →