NASA and Big Banks – Still Report
I agree with you on this Mike and have often wondered where we would be if we cleaned up our own back yard so the saying goes.
Before I took the red pill, there was something that intuitively bothered me about all of our financial aid programs to Africa. I was aware of all the poverty and suffering within our own country and all of the many deficiencies we had. Helping Africa didn’t seem selfless to me, it seemed senseless and masochistic to ourselves. Further, something about all of our outflows directed by unscrupulous politicians had me skeptical. Even mother Teresa needed to meet her basic needs before she could help others. Perhaps nations are the same way. Don’t get me wrong, I think it’s wonderful to give of yourself to assist others.
Don’t you think there is enough of a distinction between those in Africa (and elsewhere) who genuinely need help and those in the US who think they need help because of the entitlement programs and nanny state created by the political machine?
I would much rather send my money overseas to build a well or a school or a church in a village that really needs it than to feed some government mandated entitlement program in this country that does a disservice to those it supposedly “benefits”.
Yes, Dogs, of course there’s a distinction. I’m just not so sure that our big government aid programs are really doing much to help those other people over there. I’m not talking about handing out money to America per se, but perhaps spending (or saving!) what is necessary to create a system in our own nation that is fair. I don’t believe in huge government entitlements, but I do think that if we are going to give anything away, perhaps we ought to get our house in order first. A lot of people are in financial problems here at least partially due to a corrupt financial system that overtly and covertly plunders wealth. I The proper role of government is to protect the citizens’ rights and root out fraud and abuse. This is not happening right now.
Someone in Africa that is willing to work and enhance their wealth is probably more deserving of a “stimulus” than Joe Sixpack who bought something he couldn’t afford and simply wants to drink more beer and watch more American Idol and eat more Big Macs (no offense to anyone). But frankly, maybe we could be helping both if we cut out various bailout programs? The message is just tainted in that we give money to GS and then also give it to Africa, but the person “in the middle” – the US middle class – is (apparently) the least deserving. Something doesn’t add up with this. You only get money if you are uber powerful/wealthy or uber poor, but you get shafted if you are in the middle? Then again, I suppose the collective nation ends up with the government it deserves…ouch.
Then again, I suppose the collective nation ends up with the government it deserves…ouch.
You could give H. L. Mencken a run for his money.
I have little confidence that the government clowns running the show have the ability to spearhead the effort to get our house in order. It’s going to be up to “us”.
Great post Mike…I’m on the same page. Charity is a wonderful thing but it should be optional. When you take someone else’s money for the charity you deem fit you are stealing. When you take the money of future generations and give it away you are taxing without representation – this is un-American.
If people could keep more of their own money they would have more to donate as they choose. Why is it that people expect government to make all our decisions, including our favorite charities.
Dogs – I appreciate your willingness to give and know you also freely give your time for those in need. You do so on your own, that is true charity.
NASA should continue, it’s too important to stop. Karl Denninger wrote a great piece about financing our debt (forum link). We don’t need the banks as they are an oppressive parasitic load and now they are dictating austerity measures that are only needed if we want to remain debt slaves.
A large proportion of ‘foreign aid’ consists of weapons and military hardware. Another big piece consists of contracts to favored domestic firms to build infrastructure or provide services of some kind or another in another country. The bulk of it is ‘strategic’ rather than ‘humanitarian’ in nature. Aid that actually is intended to help people develop sustainable economies or reduce human suffering is a minor component. It would be difficult to find political support for aid programs if it were otherwise.
Effective aid – whether foreign or domestic – should always be targeted to improving the longterm prospects of people – an investment in people. Aid based on strategic objectives treats populations as game pieces and generally does not end up improving the lives of the nominal recipients.
Investments in NASA, like investing in education, adequate healthcare, or supporting sustainable economic development, pays dividends back to the general population. The TARP funds just rewarded bad/destructive behavior thus encouraging more of the same – and at huge cost to the general population…
Yeah, I mean that’s a point too. I’m not looking to the gov. to fix this. The odds are 1000:1 against that happening. That being the case (or, rather the assumption), without being a doomer, I think the best thing that could happen is rapid collapse that results in a flushing of the system. Unfortunately, people will get hurt here in an acute sense. But the corruption of the present malaise is doing the same thing in a subtle frog-boiling way and is a cancer that is ultimately terminal as well. Instead of getting dogged (no pun) by unresponsiveness, stalling, and minor malfunctions that drag out and metastasize forever, perhaps we need the “Blue Screen Of Death” so we know it’s time to reboot…
Some of these debates are somewhat senseless anyway as they relate to dollars – items that are fundamentally disconnected from utility or value. We have a debt we mathematically can’t repay. That being the case, and the inevitability of systemic failure, perhaps it doesn’t matter so much what we do now unless it affects the new system that will be constructed.
I wonder sometimes if the government (the people) should have taken over the banks. Stepped in and said we are taking this over. I mean we bought it anyway by lending it to the banks. And a very few walked away with huge profits. Then the we the people step in and decide as a people to invest in the people moving industry, the power grid industry and many other (industries) call it green if you like lending the money to business and invest our time and energy with efficient systems that work. That is what we as American are supposed to be about, and not in a naive way. It just seems so simple to me. We have all this knowledge today and we really do not seem to use it.
We have to start somewhere. Pull out of the wars. Cut all oversees spending. Sorry we have to sit down and see where we are at. That’s what you do in your own household. Start with what you bring in and finish with you put out. How many jobs could be created building a rail system that is unheard of. We have the knowledge and resources to do it. Bring those men back and put them to work building something. The energy grid come on, we have been shooting ourselves in the foot with this for years. You know it kind of reminds me of the Katrina incident. Remember!. They told them for years the New Orleans could not take above a Cat 3 without serious damage. And we did nothing. They have been saying for years that our electric grid needs to be updated. What are we doing? Talking about what might happen to our financial system because of the money that the government is spending. (We the people)
We the people have to get a hold of this country here and now. I just will not accept that there is nothing that we can do about this. 1000:1 odds. H*ll! Now the only way is to get involved get up and vote these people out and get some new people in office and change the way the government does things. I think a lot of you here need to run for office or support someone that you have studied and know thinks the same way you do. The uprising in this country has to be done legal and honestly because that is who we are as Americans. We have as a people always have had what it takes to get a job done. The only past we should be looking at is the courage and fortitude that has brought this nation to where it is today and where it is going to be tomorrow.
It really is up to us to take this country back through the election system that we complacently turned over to others as we were trying to make our way in this world. How do you like those odds!
My favorite saying, poem, inspirational:
When things go wrong, as they sometimes will,
When the road you’re trudging seems all uphill,
When the funds are low and the debts are high,
And you want to smile, but you have to sigh,
When care is pressing you down a bit,
Rest, if you must, but don’t you quit.
Life is queer with its twists and turns,
As every one of us sometimes learns,
And many a failure turns about,
When he might have won had he stuck it out;
Don’t give up though the pace seems slow–
You may succeed with another blow.
Often the goal is nearer than,
It seems to a faint and faltering man,
Often the struggler has given up,
When he might have captured the victor’s cup,
And he learned too late when the night slipped down,
How close he was to the golden crown.
Success is failure turned inside out–
The silver tint of the clouds of doubt,
And you never can tell how close you are,
It may be near when it seems so far,
So stick to the fight when you’re hardest hit–
It’s when things seem worst that you must not quit.
– Author unknown