Forum--Economic and Political Issues

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Moderator will post articles and comments on Political and Economic Issues. Comments and discussion is invited

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Latest Activity: Feb 14, 2012

Dear Members:
I want to start this discussion by emphasizing a very important contributor to our current economic crisis, namely; the dramatic rise of debt. I am of the view that in societies with developed financial markets (ie non-indigenous based societies) patterns of human behavior tend to repeat themselves over time. This is why much can be learned from reading and understanding economic history in conjunction with the cycles of human interaction. I will discuss this more as the council develops, but I wanted to leave you with a chart to ponder. The chart is of debt in the US to GDP. We are at the end of a long cycle of increasing debt with much effort being made to maintain asset prices and stimulate even more debt. Unfortunately, we have reached the point where the existing debt cannot be serviced out of income much less repaid. We must either increase incomes substantially, default on the debt,, restructure the debt radically, or create enough inflation to diminish the value of this debt over time.
We are locked in a great battle between the forces of inflation and deflation. All great debt bubbles have ended in deflation. The US government and the Federal Reserve are determined to not permit deflation to occur. This will be the major economic issue we face over the next several decades and will result in the evolution of a new values regime and hopefully the start of a new golden age of human interaction. This could also end in tragedy. The choice is ours. I will write more about this later.
Sorry--but I couldn't figure out how to attach the chart. I have a lot to learn.
Sylvia.

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At the suggestion of Phil Lane I am trying to add this council to an ongoing list serve that I maintain that covers a variety of topics but mainly focusing on Economic and Political Issues. I cover a…Continue

Started by Sylvia Demarest. Last reply by Carol Petersen Jan 14, 2010.

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Comment by Sylvia Demarest on January 17, 2010 at 9:14am: Dear Sister Carol:
I believe you have outlined two important issues for future work. I think our work should be directed towards understanding the major stresses we will face in the future and to developing a new thinking that ultimately lead to the creation of a new values regime after the crash of the current paradign. This new thinking can either lead to a new golden age of human progress and interaction or to conflict and discord. This struggle for understanding and action is what I want to focus on now. I believe that we are at the beginning of a major crisis that will impact us all. I realize that most people think that the crisis is past--I disagree.
Please read the attached and when I have time I will comment further.
http://www.hoisingtonmgt.com/pdf/HIM2009Q4NP.pdf
I couldn't get the link correct. I will be limited in posting on this site until I can
learn more computer skills. I understand that Brother Phil has some people who can help such an unskilled person as myself. Thank you for your creative ideas.
Sylvia

Comment by Carol Petersen on January 16, 2010 at 7:41pm: Inter caetera
Various groups representing indigenous peoples of the Americas have organised protests and raised petitions seeking the repeal of the papal bull Inter caetera which they believe led to the subjugation of their peoples, and to remind Catholic leaders of what they perceive to be the record of conquest, disease and slavery in the Americas, sometimes justified in the name of Christianity, which they say have had a devastating effect on their cultures.
http://en.wikipedia.org/wiki/Inter_caetera
http://en.wikipedia.org/wiki/Romanus_Pontifex
Don't you think slavery has much ado about economics?
In spirit
Carol

Comment by Carol Petersen on January 16, 2010 at 7:35pm: Romanus Pontifex
America:
The rights bestowed by Romanus Pontifex have served as the basis for legal arguments over the centuries. The logic of the rights of conquest and discovery were followed in all western nations including those that never recognised papal authority. The U.S. Supreme Court ruled in the 1823 case Johnson v. M'Intosh that as a result of European discovery and assumption of ultimate dominion, Native Americans had only a right to occupancy of native lands, not the right of title. This decision was upheld in the 1831 case Cherokee Nation v. Georgia, giving Georgia authority to extend state laws over Cherokees within the state, and famously describing Native American tribes as "domestic dependent nations." This decision was modified in Worcester v. Georgia, which stated that the U.S. federal government, and not individual states, had authority in Indian affairs, but it maintained the loss of right to title upon discovery by Europeans.

In recent years, Native American groups including the Taíno and Onondaga have called on the Vatican to revoke the bulls of 1452, 1453, and 1493.

Dear Sylvia,
A big piece hereby written. What can I do to Revoke the Papal Bulls. I would like to get this settled and I have the sun and the moon and the holy spirit behind me LOL
In Spirit
Carol

Comment by Carol Petersen on January 15, 2010 at 5:33pm: Dear Sylvia,
How can I bring this through Congress how can I do this? I am willing.
Justice shall live in the White House
Carol

Comment by Sylvia Demarest on January 15, 2010 at 7:49am: Horray Sister Carol!!! What a great idea for a Constitutional amendment. Congress should absolutely have to live by the same laws they impose on all of us. Perhaps this kind of mutuality with much more transparency could be part of the new values regime.

Comment by Carol Petersen on January 14, 2010 at 6:15pm: Dear Sylvia,
As far back as a kid in the 5th grade I absolutely knew something was wrong with this and yet it continues to this day. Can we change this?

"For too long we have been too complacent about the workings of Congress. Many citizens had no idea that members of Congress could retire with the same pay after only one term, that they didn't pay into Social Security, that they specifically exempted themselves from many of the laws they have passed (such as being exempt from any fear of prosecution for sexual harassment) while ordinary citizens must live under those laws. The latest is to exempt themselves from the Healthcare Reform that is being considered...in all of its forms. Somehow, that doesn't seem logical. We do not have an elite that is above the law. I truly don't care if they are Democrat, Republican, Independent or whatever. The self-serving must stop.

Proposed 28th Amendment to the United States Constitution:

"Congress shall make no law that applies to the citizens of the United States that does not apply equally to the Senators and/or Representatives; and, Congress shall make no law that applies to the Senators and/or Representatives that does not apply equally to the citizens of the United States".

Thanks
Carol