Don't give up on America! Forgive student loans? For-profit healthcare kills, and much more.
Four blogs: Student loans, for-profit healthcare & the pandemic, Biden saves Christmas, & the attack on Build Back Better by the corporatocracy says we have a lot of work left.
Notes
Journalist: The handling of Omicron illustrates the direct failure of for-profit healthcare
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Joe Biden’s government saved Christmas as he rescued the private sector’s supply chain failure.
Worthwhile Reads
A NECESSARY RANT: Here is why student loan forgiveness must be payback from parasitic corporations.
PLEASE! Understand our economy. These guys lie, are immoral, and care nothing about most Americans.
Notes
I got an email from a supporter that almost broke my heart. I immediately came to my senses. I had the following two paragraphs in my Politics Done Right Newsletter that I believe elicited the email.
The year ahead is enormous. If we live up to our humanity, it will work out well. ...Each of us has the power to incentivize goodness and humaneness with our acts. We need not live up to the expectations of those who need us at each other’s throats. Let’s use this holiday season to reevaluate ourselves and give others a place to land to do good. That act will let the country live up to its claimed values.
He said, “I have all but given up on humanity.” Given what we are living through, it is not hard to understand why many people feel that way. But he was not just checking out. That email was likely a message to someone he felt comfortable with, giving him reason to stay checked in and engaged. I see that as my purpose and the purpose of many of us who have a platform to help navigate a system that can fluctuate between being too sterile for humanity, inhumanely cruel, and sometimes surprisingly supportive. My response, of course, was not to give up.
Fareed Zakaria had two historians on his show this Sunday that gave me hope while may scare many. In the 1860s, we had the civil war. In the 1960s, JFK, MLK, Malcolm X, & Bobby Kennedy were assassinated. Riots and polarization were high. Understand, none of this was ever started by the masses in the aggregate. And many plutocrats have always profited from the turmoil.
We still have avenues to communicate with each other. It is incumbent on us not to give up on our brothers and sisters, humanity. Those who profit from the chaos need to factionalize us. It is incumbent on those who see the big picture to continue the engagement; otherwise, those dependent on our confused state will profit.Politics Done Right airs two days a week on KPFT 90.1 FM Houston (kpft.org) on Thursdays at Noon Central and on Fridays at 11:00 AM Central. We continue to stream LIVE daily on our internet networks at 3:00 PM Central at http://politicsdoneright.com/tv, Facebook Live, Youtube Live, Twitter, Twitch, among other streaming networks.
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Journalist: The handling of Omicron illustrates the direct failure of for-profit healthcare
It was a rare occurrence on mainstream media. They decided to tell the truth about for-profit healthcare. Market-driven healthcare is fatal.
It is hard to believe that even though the math is simple, the fraud inflicted on Americans about the efficiency of market-driven for-profit healthcare continues. Katy Tur asked NBC News Correspondent Jacob Ward about America’s failure to ramp up COVID-19 testing specifically compared to other countries.
“Well, the distinction here, Katy is the difference between a nationalized health care system and one that is based on the pursuit of profit,” Jacob Ward said. “I mean, we have here a system that was supposed to be built around market demand. Right? And so, as you mentioned, when we got focused on vaccinations, then suddenly testing capacity went down.”
The correspondent then points out the structural failure of a market-driven healthcare system.
“So what we’re seeing here, Katy is definitely a sort of structural failure,” Jacob Ward said. “Right? If you have people lining up right now, that is market demand. Right? Without the adequate supply to meet it, the free market, the invisible hand is not going to take care of this.”
And then he makes the antiseptic form of evil a for-profit market-driven healthcare system represents.
“Remember that 20-million-person-a-day benchmark that we’re talking about that would cost -- the estimate is about 20 million dollars a day -- the market does not want to pay for that unless people are going to pay them back right now,” Jacob Ward reiterates. “What we’re talking here about is really the need to have an ongoing capacity not just for this crisis we’re in right now but for the next variant because not all Americans are getting vaccinated. We’re going to keep seeing variants. We’re going to need that kind of capacity, and it’s clear that it’s not going to be possible to make money off it in the way that would keep it in supply the way we’re used to Katy.”
The math is quite simple. Any monies in healthcare going towards profits is an expense to the system, dollars not going toward healthcare. It is inhumane because they kill people to make profits for a few.
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Joe Biden’s government saved Christmas as he rescued the private sector’s supply chain failure.
The private sector failed at running its supply chain. Joe Biden came to the rescue and saved Christmas. Yes, republicanesque bragging.
Remember how the supply chain became President Joe Biden’s problem? I wrote early on that both inflation and the supply chain problem were a failure of the private sector, specifically, corporate inefficiency, greed, and incompetence.
The private sector always wins in our corrupt system. They profit from their pricing power or their monopolies. And if they fail, the government, we-the-people bail them out. Yet, there is always hesitation in giving a pittance to we-the-people when in need.
If we are to succeed in getting middle-class-centric policies, we must enlighten our peers, friends, and families to the truth. Doing so increases the probability of inoculation from the propaganda that continues to have us voting against our interests.
Fox News and other media attempted to make the supply chain failure somehow related to the president. Of course, the supply chain under unfettered capitalism is controlled by corporatists. But as usual, when they fail, which they do often (e.g, 2008 Depression), they beg the government they never want to fund to bail them out.
Too often, as the president complained, the media is ready to cover the negative information. But when success is evident they either gloss over it or keep the false narrative.
Well now that we know that everyone is getting their Christmas gifts and given that the shelves are in stock, it is time for the narrative to get updated. Stephanie Ruhle and Joe Scarborough did a good job in setting the record straight.
Joe Biden saved Christmas.
Worthwhile Reads (Make great holiday gifts as you help our cause)
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A NECESSARY RANT: Here is why student loan forgiveness must be payback from parasitic corporations.
President Joe Biden has extended the student loan payment moratorium for 90 days. Don’t balk at students but the system.
A message to President Biden, we need student loan forgiveness, not deferral. It is important to note that in the aggregate, loan forgiveness is not a giveaway but a sound economic decision.
One of the studies Ramamurti shared is a 2018 paper from the Levy Economic Institute of Bard College using 2016 data that looks at the effects of student loan debt forgiveness. The authors write that a one-time cancellation of the $1.4 trillion outstanding student debt held would translate to an increase of $86 billion to $108 billion a year, on average, to GDP.
Cancelling student debt could also mean current monthly payments could go toward savings or other spending. Per the Federal Reserve report, those who make payments usually pay about $200 to $299 per month. Ramamurti tweeted that this "is like sending those people a check every month."
And it is time for those who have profited from an educated populace to contribute to their education. They must fund loan forgiveness. Check out my rant and give me your thoughts.
PLEASE! Understand our economy. These guys lie, are immoral, and care nothing about most Americans.
If you want to see disregard for humanity with a smile, this is it. Firstly, why is a Republican economist who has a bias against government spending on social issues asked for an opinion on Build Back Better without proper context?
Anyway, Douglas Holtz-Eakin acknowledged that the economy is firing on all cylinders. There is some inflation in the economy, but it is not caused by shortages but by the unfettered capitalists whose monopolies have obscene pricing power.
Holtz-Eakin made two statements that show the psychopathic nature of their economic beliefs.
The first statement that should give us all pause follows.
“There’s no real problem with growth in the U.S.,” Douglas Holtz-Eakin said. “And certainly from that perspective, there’s no real danger of not doing Build Back Better. And that’s not something that’s really on the merits needed right now. It’s a political issue for the president for sure, but that’s not something that has to happen. The bigger issue is the supply chains and the inflation.”
Unffeterred capitalist imposed inflation that is not out of control is much more important than starving kids. It is more important than family leave and medical insurance.
The second statement should infuriate everyone, especially since most economists believe Build Back Better is good for the economy and would reduce the effective inflation rate for the poor and middle-class.
“It’ll be up to the Federal Reserve to deal with the inflation which will continue into next year,” Douglass said. “It’s durable through 2022 for sure, and it will be a combination of getting the liquidity out of the system and raising rates to knock down some of the probably two and a half-trillion dollars worth of fiscal stimulus that households are carrying into next year. So growth is not the problem. Inflation is. ... Certainly, the first year of Build Back Better that came out of the house is stimulus in an economy that doesn’t need it and will raise prices across the board. It is true that there’s an enormous amount of taxpayer money that will be handed out in the form of child care subsidies and health premium subsidies that will offset those price increases, but the underlying inflation will get worse. This is just a matter of using the taxpayer dollars to cover up the problem.”
He forgets that increasing interest rates does the opposite. It does not help the middle-class and poor but those who would profit from higher rates, the rich.
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