About Me

Dr. J. (James) Alva Scruggs received a B. S. degree in Chemistry from Alabama Agricultural and Mechanical University, M. S. in Chemistry from Southern Connecticut State University, M. A./ Degree in Urban Studies from Occidental College, and a Doctorate in Education Administration from the University of Massachusetts.

Friday, November 05, 2010

FDR had the formula. Ignore the Economic Institution at the least for a while…..


MR. PRESIDENT USE YOUR POWER WHILE YOU CAN!!

            Capitalism had been sold to the American citizens as the most reliable and successful form of Economics known to man. In fact Capitalism is said to be a system with rules, and laws that are unalienable and required to make the institution work. One of the rules of this system is that it is a necessary part of the “Free Market” and must not be interfered with by Government! However, this free market has allowed manufacturing of goods and jobs to go to other countries – leaving many Americans unemployed. Therefore if you believe in free rein capitalism, a president cannot solve an economic problem because he cannot interfere with problem of work being moved out of the nation which has resulted in suffering and misery for citizens.
            However, if a president does not address the problem caused by Capitalism, (which by any measure committed the treasonous act of bringing the citizens to their knees) how can he try to bring manufacturing back home? The leaders of industry declare that the condition of jobs going to cheap labor out of the country is but a natural part of the “Free Market” system, and cannot be interfered with. The theory is that “Free Market” is powerful, self-correcting and free of the decisions any of industry leaders/CEOs. The irony of this madness is that if the president is not governing well citizens can vote them out. Whereas if CEOs do harm they cannot be removed be citizens who must prepare to suffer the consequences of hard time when the wealthy live in obscene luxury!
            This Institution of Economics (i. e. Capitalism) is perceived as so complicated that few people can understand it. That is why our simpleminded Congressmen are so timid about challenging the Rules of the “Free Market” system. The truth is that the rules of the system are invented and/or changed to fit the needs of the industry at any given time.
            Moreover, our President must take a powerful stand while he can. There needs to be powerful activities not public bluster! FDR had the formula. Ignore the Economic Institution at the least for a while. Set up parallel institutions of banking and job establishing (e. g. CC Camps, Research and Development, and TVA, etc.) to put the citizens back to work quickly while the Banks and Industrialist hoard their wealth and resources!
            In addition, for Obama at this time it is important the he establishes a group to try to saturate the public with the factual truth about the things that this political season has so successfully misrepresented. The word on the street is that the Karl Roves and his US Chamber of Commerce organizations are intending to take the time between now and the election 2012 TO reinforce the political misinformation given as facts in the disastrous election 2010!  This serious activity is one of the most dangerous challenges to our Freedoms as American Citizens

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