Tuesday, September 15, 2015

OBOF TYMHM & MORE Vol. - 15 No. 16


OPINIONS  BASED  ON FACTS (OBOF)

THINGS YOU MAY HAVE MISSED (TYMHM)

YEAR ONE

YEAR TWO

YEAR THREE

YEAR FOUR

YEAR FIVE

 

OBOF YEAR FIVE INDEX
 
OBOF TYMHM
Jan. 07, 2015
OBOF TYMHM Vol 15 - No 1
Jan. 19, 2015
OBOF TYMHM Vol 15 - No 2
Feb.  03, 2015
OBOF TYMHM Vol 15 - No 3
Feb.  23, 2015
OBOF TYMHM Vol 15 - No 4
Mar.  02, 2015
OBOF TYMHM Vol 15 - No 5
Mar.  06, 2015
OBOF TYMHM Vol 15 - No 6
Mar.  13, 2015
OBOF TYMHM Vol 15 - No 7
Mar.   23, 2015
OBOF TYMHM Vol 15 - No 8
Mar.  28,  2015
OBOF TYMHM Vol 15 - No 9
Apr.  13,  2015
OBOF TYMHM Vol 15 - No 10
May  02,  2015
OBOF TYMHM Vol 15 - No 11
May  09,  2015
OBOF TYMHM Vol 15 - No 12
May  19, 2015
OBOF TYMHM Vol 15 - No 13
May  26, 2015
OBOF TYMHM Vol 15 - No 14
May  29, 2015
OBOF TYMHM Vol 15 - No 15
July   28, 2015
OBOF TYMHM Vol 15 - No 16
Sept.  15, 2015

 

Agenda


 

1.  BACK  AGAIN

2.  On the Road for Bernie in Iowa

3.  Buying a President for 30 Bucks and Change.

4.  Senator Bernie Sanders

for

President.


 

 

 

BACK  AGAIN

Hello folks!  Well, I suspect it is about like starting five years ago.  I started then with no followers and over the years it built up to between 300 and 350 readers. 

 

If there are still one or, two or a few of you still out there I want you to know that the last 6 moths has been pretty rough physically.  My 91st year, up to now, has not been the greatest.  However, I am starting to do better and I am determined to get back with the world.

 

My last posting was July 28th and it was a long one.  If you are interested in getting back with my train of thought, particularly, with regard to the up-coming election, still over a year off, re-reading at least one or two of the opening parts of that posting will set the stage for this posting and future ones.  

 

Before, I said that I wasn't going to write about next years election until about July 2016.  That was because none of the candidates at that point turned me on, incl. Hillary.  That changed about 3 months ago when Senator Bernie Sanders interred the race.  I have followed him for a number of years and I am convienced  

 

I have told you in the past that I want to post once a week on Fridays.  I am not going to say that now because I don't know for sure that I will be able to.  However, I am going to try as there is a lot happening even besides the election.

 

You probably already know that the field of Republican Presidential candidates has turned into a real circus with 17 now declared.  Oh, I am wrong, as of yesterday it is 16 as candidate Perry from Texas has withdrawn.

 

The Republicans are now in the process and threatening to shut down the government again.  

 

There is also some discussion regarding our currency.  Some think there will be a large change in October.  Right now there appears to be an increase in the talk about this matter.  One article said it will start on Sept. 16.  Time will tell and I'll keep an eye on it and report what I find that seems, at least, reasonably creditable.  So far, I am not ready to bring you more than this.  You might want to watch internet for more yourself.                                                                                                                                                                                                                                                                                                                                                                                                                                                             

~~~

On the Road for Bernie in Iowa

Authors: Larry Cohen


Published: September 10, 2015  

 

 

On a hot Iowa Labor Day week- end everyone was feeling the Bern!

Democratic presidential candidate Bernie Sanders himself set the pace on Friday and Saturday as he met with Native Americans on their reservation, and walked a picket line at Ingredion in Cedar Rapids. It has been widely reported that he is the first major presidential candidate to walk a picket line while campaigning since Robert Kennedy in 1968.  That is as much a commentary on the gap for Democratic candidates between their talk and their walk as anything else.

Ingredion, (should be spelled Greed), formerly Penford products, produces starch for food products.  When they bought Penford, the new owners pledged to keep up employment and work with the union, a local of the Bakery, Confectionery, Tobacco Workers and Grain Millers Union.  But as it often goes, after Ingredion took over they demanded massive wage and benefit cuts. Now faced with continuing management ultimatums, the workers are picketing while they negotiate and are asking for community support. Ingredion’s CEO is paid $7 million a year and has a golden parachute of $28 million.  The 160 workers there and their families vs. the greed of management, is now gaining notice and media coverage across Iowa and beyond.

Sanders’ Labor Day talk to the New Hampshire AFL-CIO underlined the difference between himself and other candidates.  He again specifically supported the $15 minimum wage, opposed the Trans-Pacific Partnership, and most importantly connected his support for the expansion of collective bargaining rights to sustainable economic growth.

My own Iowa journey took me to seven Labor Day stops in eastern Iowa in two days.  In manufacturing towns like Cedar Rapids or Clinton, Davenport, and Dubuque, the consequences of decades of failed trade policies were apparent in the closed factories and cutbacks in those still operating. Union members and non-members alike, active and retired, almost universally opposed the Trans-Pacific Partnership. They were mostly united in disbelief that our government would continue to pursue problematic foreign policy objectives that devastated communities by cutting jobs and pressuring our wages to compete with unthinkable wage levels.

A John Deere employee described his eight years on layoff as production shifted out of the country; a retired electronics worker described the size of his plant’s workforce before and after NAFTA and failed trade policy with China.  Public-sector workers well understood the connection between cuts in manufacturing and the pressure to close schools and cut public services.

On this Labor Day there was also hope. Hope that Bernie Sanders and those of us supporting the political revolution could begin to find a path forward together.  There was hope that we had a candidate without super-PAC funding and that one day together we could end super PACs and billionaire politics.  There was hope that we could fund free public higher education instead of following the Iowa governor’s plan to gut the University of Iowa and continue to drive up tuition. There was hope that we could fight for Medicare for all instead of more cost-shifting to those among us who are sick.  There was hope that we could reverse the attacks on collective bargaining and help workers build new unions with a voice on the job and dreams of a higher standard of living.

Yes, I will remember my visit to eastern Iowa as a hopeful one. As Steve, Bonnie, and I drove almost 500 miles in two days and talked to thousands of Iowans, we will recommit to Bernie Sanders and to joining thousands of volunteers across Iowa and more than a million across our nation, as we feel the Bern and stand up and fight back.  If we do not stand for our own values and instead accept business as usual, we may be missing the opportunity we have long imagined.

~~~

 

Buying a President for 30 Bucks and Change

 

  Author: Jim Hightower

  NationofChange  Op-Ed

Published: September 9, 2015

 

For today’s report, I have a bunch of statistics for you. Wait — don’t run away!  Where are you going? Come back here and sit still while I drill these stats into your head! It’ll be fun, and you’ll learn something.

 

I realize that numbers can numb the brain, but this is a good story, and I promise that these statistics are easy to absorb.  In fact, the number 400 pretty much sums up this story of political intrigue and corruption involving some of America’s wealthiest families and corporations.

 

Let’s start with the “Billionaire 400,” a clique of the elite organized by the conniving Koch brothers.  These ultra-rich right-wingers gather each winter in some warm-weather resort for a secretive, invitation-only retreat.  There, they plot strategies and pledge money for electing politicos who’ll support their vision of corporate rule in America.  For the 2016 elections, they’ve already committed nearly a billion dollars to impose their vision of plutocracy over our democratic ideals — double the combined amount that the Republican and Democratic parties will spend. I wonder: what do they think they’re getting for that price?

 

Then there are the secretive super PACs that are sacking-up tens of millions of dollars to back various presidential candidates. Again, a few hundred corporations and rich families — each writing checks for hundreds of thousands and even millions of dollars — have put up nearly half of all the money in these electioneering committees.

Keep that 400 number in mind when I offer my sincerest congratulations to Mr. and Mrs. Middle-Class America, since they are all the rage in this present presidential contest, for Jeb, Hillary, and all the rest — even The Donald — say their campaigns are all about the hurting middle class that hasn’t yet recovered from the Great Recession.

 

Now, back to our statistics: Jeb Bush got a million dollars each from 26 of his super PAC backers; Hillary Clinton took a million each from nine funders; of the $16 million in Marco Rubio’s PAC, 78 percent came from only four donors; and Ted Cruz got the most from the fewest, taking practically all of his $37 million from just three fat-cat families.  Well, don’t look now, but after each one promises that they’ll do the most for the Great Mass of the Middle Class, they disappear into the shadows and scurry off to schmooze with the little group of Americans they truly love:  The exclusive club of multimillionaires and billionaires, who are shoveling those big bucks into those campaign pockets.

 

So while candidates for the highest office in our land are soaking up applause for the grand rhetoric they’re giving to the middle class, they’re also quietly sacking up millions of dollars by pledging their steadfast fealty to the ruling class.  Donating millions is not an innocent or noble political transaction.  Written on the backs of each of their checks is their own corporate agenda, trumping the people’s agenda.

 

Ironically, it’s Donnie Trump, the bombastic billionaire, who candidly admits that these so-called “gifts” amount to the outright, plutocratic purchase of politicians.  He’s long been a campaign donor in order to secure political favors, he confesses, and it works: “When I need something from them … they are there for me.” There’s a word for that: Corruption.

 

But now, here comes the antidote to this corruption of our politics by fat cats.  Instead of being financed by 400 special interests, Bernie Sanders’ campaign has raised its $15 million (as of July) from over 400,000 ordinary Americans.  In fact, the average donation to Bernie is a heartwarming, soul-saving $31.30!

 

You can’t buy a president for just over 30 bucks — but you can help elect one who isn’t owned by Big Money.

 

And, isn’t that the way democracy ought to be?

~~~

Senator Bernie Sanders

for

President.

 

Dear Floyd,

Back when I was in the U.S. House, I was the first member of Congress to take constituents across the border to Canada to highlight the huge disparity between the cost of prescription drugs in the U.S. and other nations.

On that first trip were a number of women struggling with breast cancer.

I will never forget the tears in the eyes of women who were able to buy the breast cancer drug tamoxifen in Canada at one tenth of the price they were paying for that drug in the U.S.

In 2014, the pharmaceutical industry spent over $250 million on lobbying and campaign contributions -- far more than any other industry in America. This grotesque spending results in Americans paying more money for medication than anyone else in the world.

The time has come to say very loudly and very clearly that enough is enough. The greed of the pharmaceutical industry is killing Americans.  It has got to stop.

Last year, 35 million Americans could not get their prescriptions filled because they could not afford it.

People should not have to go without the medication they need just because their elected officials aren’t willing to challenge the drug and health care industry lobby.  Yet that is exactly what is happening.

I have a plan to change this.  Last week I introduced a bill in the Senate — and when I am president, I will work to make it law — that will stop the soaring costs of prescription drug prices.


My plan to reduce prescription drug prices is based around getting a better deal for the American people, and keeping drug companies in check over outrageous and unfair practices.

Medicare should negotiate lower drug prices with the pharmaceutical industry.  Due to a provision in law written by the pharmaceutical industry, Medicare is banned from using its purchasing power to lower prescription drug prices. My plan will empower Medicare to negotiate lower costs for our seniors, and save us all money.

Americans should be able to import drugs from Canada and other well-regulated countries. Individuals, pharmacists, and wholesalers should be able to import prescription drugs from licensed Canadian pharmacies.  Americans pay 40% more per person than Canadians for prescription drugs.  Anyone in our country should be able to take advantage of those savings for medications they need.

We need better transparency around drug costs.  Right now, the pharmaceutical industry can arbitrarily set prices for drugs, and the public has very little insight into why certain drugs cost what they do — even though some of the research costs are often funded with U.S. taxpayer dollars.  I believe that drug companies should tell us about how much drugs cost to research and develop, how much taxpayer money went towards those costs, what drugs actually cost in the United States, and how much they cost in other countries.

Generic drugs should be widely available, and drug companies shouldn't be able to pay off competitors to keep cheaper drugs off the market.  Brand-name drugs cost, on average, 10 times as much as generics. Right now, it is a common practice for big drug companies to pay their competitors to restrict generic drugs from the public.  We need to ban this practice, and make cheaper drugs readily available.

Drug companies that break the law should face severe penalties.  If any drug company is convicted of criminal or civil fraud, they should face severe penalties including the prospect of losing their government-granted monopoly on a drug.  Over the last decade, most major-branded drug makers have either settled or been convicted of fraud for violations including off-label promotion, kickbacks, anti-monopoly practices, and Medicare fraud.  It's time to step up the penalties for breaking the law.

What good is it to live in the richest country on earth, if so many of our people cannot afford medications that could save their lives?

The American people are sick and tired of paying the highest prices for prescription drugs in the world.  The skyrocketing prices of prescription drugs are an example of the greed of the pharmaceutical companies that has to stop.

Now, I believe that the true solution is a national health care system that puts people ahead of profits and health ahead of special interests, and I will soon introduce legislation to provide a Medicare-for-all, single-payer system to provide health care for all Americans.

But we must also address these outrageous costs of prescription drugs, and my plan that I outlined here will do that.


Thank you for all you do.

In solidarity,

Bernie Sanders

~~~





Mon Aug 31, 2015

FROM Floyd:

Seldom do you see me including something about the Republicans, but I found this one very interesting.  There is one observation in this article that I think is right on target, not that there aren't some others too. 

 

However, my wife, wanted me to run for office once and she said "Tell them what they want to hear and then do what you want after you get in."  Actually, needless to say, I never ran for any office.  I couldn't do that.  I think that is exactly what Trump is doing and it is working.  I don't think he has the slights intention of doing things that he is spouting about now.  It is the Democrats that need to be concerned about him, not the Republicans.

~

Man, this is just hilarious.

 

For years, Republicans have run for office on promises of cutting taxes and bolstering business to stimulate economic growth, pledging allegiance to a Reaganesque model of conservatism that has largely become the party’s orthodoxy.

 

But now the entire rationale for the Republican Party's existence is being ripped out by the roots by the fearsome Trumpenstein, leaving them scrambling to explain to their ultrawealthy donors why their undisputed frontrunner is advocating levying higher taxes on them:

 

In recent weeks, Mr. Trump has threatened to impose tariffs on American companies that put their factories in other countries.  He has threatened to increase taxes on the compensation of hedge fund managers. And he has vowed to change laws that allow American companies to benefit from cheaper tax rates by using mergers to base their operations outside the United States.

 

This was certainly not the way the Club For Growth expected things to be playing out as the primary season kicks in to high gear:

 

Alarmed that those ideas might catch on with some of Mr. Trump’s Republican rivals — as his immigration policies have — the Club for Growth, an anti-tax think tank, is pulling together a team of economists to scrutinize his proposals and calculate the economic impact if he is elected.

 

The irony of having their nominee rise to prominence on the anti-immigrant hatred they would normally exploit to keep their short-sighted base pulling the "R" lever while the corporations behind the GOP curtain continue to reap more and more tax breaks, only to see the same nominee turn around and start snapping back at them, must be disconcerting, to say the least.  The Times quotes an American Enterprise Institute mouthpiece for the hedge fund industry who concurs, with a masterful degree of understatement:

 

“Those aren’t the types of things a typical Republican candidate would say,” said Michael R. Strain, a scholar at the conservative American Enterprise Institute, referring to the candidate’s comments on hedge funds, support for entitlement spending and the imposing of trade tariffs.  A lot of these things are not things that businesses would be happy about.”

 

Ya think?

The corporations who speak through and fund the Club For Growth and the American Enterprise Institute have bet big--to the tune of billions of dollars--on buying this election.  They stand to make enormous profits in a Republican Administration that would turn their "loopholes" in the tax code into gaping openings for unchecked, untaxed profits to sail through.  That is the entire reason the Republican Party exists in the first place--it has nothing to do with immigration.  That is the simply the red cape they wave to infuriate the angry charging beast that makes up the GOP base.

The people who run the Republican Party care as little about undocumented immigrants as they do about abortion--in fact, they thrive on the cheap labor undocumented immigrants provide.1 These shiny-object social issues are a means to an end, nothing more.  And that end is now being threatened, big time.  Even the hedge fund managers are reduced to pleading their cause:

Anthony Scaramucci, a managing partner of SkyBridge Capital who supports Gov. Scott Walker of Wisconsin in the Republican presidential race, visited Mr. Trump last week to complain about the way he was talking about hedge fund managers.  Still frustrated, Mr. Scaramucci took to Twitter over the weekend to say that Mr. Trump is “misinformed” about the industry and that he and most of his colleagues pay the highest marginal tax rate.

 

Weep for them.  The Times quotes another hedge fund master-of-the-Universe type who darkly warns that if Trump keeps this up, the hedge funds will have to all band together and create a SuperPAC to back a candidate who'll tell "their side of the story."  Except they've already done that--it's called the entire remaining GOP field.

Some voices on the right
recognize a big potential problem (beyond Trump himself) looming here, and are trying to quickly sketch up some kind of back-of-the-envelope plan to deal with it.  Others try to console themselves by acknowledging the obvious--Trump is just saying whatever gets him the most clicks and eyeballs and has no plan or intent on following through with anything he says.  They cite his one-minute flip-flopping on the concept of a flat tax, for example, as indicative of the fact that he doesn't have a clue what he's saying.  And that's probably true.  But when your standard-bearer is undercutting the very reason for your existence with pro-tax populist rhetoric, and the base is eating it up, it's going to be very hard to move that train back onto the rails if and when the GOP somehow finds a way to deactivate its monster.

~~~

If the good Lord is will and the creek don't rise, I'll talk with you again next Friday, Saturday, or Sunday.  I'll start trying to get it out on Friday, but it just depends on what my body tells me as to when I actually make it, but I am determined to make it.  Good to talk with you again.

 

God Bless You All

&

God Bless the United States of America.

 

Floyd.  By the way, my e-mail address has changed it is as follows.   fabowman.1924@gmail.com

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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