| Subject: | Re: [socialcredit] Re: COGEXEC: Rebuilding New Orleans | | Date: | Saturday, September 3, 2005 08:26:28 (-0400) | | From: | Keith Wilde <keithwilde @.........ca>
|
| In reply to: | Message 2690 (written by cymric) |
A truly disgusting aspect of this disaster is the "contribution" of
conventional economic doctrine. Within hours of the hurricane's passage,
possibly even before the break in the levees, the NYT had an article from
the "economic growth" enthusiasm gloating over all the jobs and resources
consumption that will be stimulated by the rebuilding of the old city and
the gulf coast. A disaster maybe, but also an opportunity for gold!
Disgusting, but inevitable from the acquiesence of economic theories to the
greed of speculators for quick bucks and grabbing of resources in the name
of providing opportunity for peasant farmers and other slaves to work for a
living. The faulty doctrines are of course responsible for the great gap in
national data gathering and analysis, reinforced in the Keynesian Revolution
by a narrowing focus on pure activity and income flows to the neglect of any
effort to document and estimate the value of existing wealth.
I am a bit surprised, or at least curious, that advocates of Social Credit
do not seem to put more of their efforts into looking for alliances with
potential cooperators who could understand the concepts of permance and
wealth-creating, building for posterity instead of consuming ourselves to
death in the name of "keeping the economy growing". There are people out
there (some of whom Ryan likes to denigrate as Malthusian) who might join in
a movement to build the data banks that could eventually be used to promote
the compensated price and dividend policies, even though they may not be
aware of those policies at the time of making common cause. Why is this not
the primary focus of activists?
Another curiosity, possibly a gap in my reading of orthodox texts, is the
attitude of Douglas purists on the increasingly collective nature of real
investment as society becomes progressively urbanized. Surely public
sanitation, water supply, electrification, telecommunications facilities,
parks and green spaces, regulation of many kinds, policing, fire and rescue
capacity are all critical elements in "cultural heritage". But they also
are "public goods" to a great extent, meaning that they do not get built in
the best ways for cost-effective service (as contrasted to exploitative)
without a collective financing effort--public utilitities financing. This
aspect seems to be left out in my scattered reading, leaving me with the
impression that Douglas orthodoxy entails only private initiatives to
provide new and better (productive) services on a rather piece-meal basis.
This, it seems to me, would be an inhibitor of many positive (possible)
aspects of urbanization. Can someone clear that up for me from a purist
perspective?
Keith Wilde
----- Original Message -----
From: <cymric@xtra.co.nz>
To: <socialcredit@elistas.com>
Sent: Friday, September 02, 2005 6:38 PM
Subject: [socialcredit] Re: COGEXEC: Rebuilding New Orleans
> What I take out of this is the basis reality of the relationship between
> the banking industry and the insurance industry.
> There can be no doubt that the financial weight behind insurance companies
> is huge as is the banks. Where is the leadership of insurance if
> politicians procrastinate over investing in updating infrastructure like
> the levees putting their industry and all the policy holders investments
> at risk?
> However it is xmas for the banking industry and the corporate friends of
> those in power who do the rebuilding, as in Iraq.
> And lets not overlook the fact that weather tools like earthquakes and
> tsunarmi are weapons of war. No difference between creating a military
> war of destruction than a weather war of destruction.
> Peter H
>
> "William B. Ryan" <w_b_ryan@yahoo.com> wrote:
>>
>> Talking about financial gimmicks in this situation is
>> to trivialize the tragedy, and to completely miss the
>> lesson that should be learned.
>>
>> First, it's a regional problem extending beyond New
>> Orleans through three states.
>>
>> As to "interest free" money, tens of billions in
>> insurance settlements will flow into the region that
>> is not only "interest free," but with no requirement
>> for repayment. So, forget about "Binary Economics" in
>> this situation. It's totally irrelevant.
>>
>> The lesson that should be learned is that we ignore
>> the necessity for continuous improvement to
>> infrastructure at our peril.
>>
>> The damage came from wind, wind driven water or "storm
>> surge," and flooding.
>>
>> New Orleans missed most of the storm surge from the
>> gulf because the eye of the storm passed to the City's
>> east, but did have some surge in reverse off Lake
>> Pontchartrain due to the counter-clockwise rotation of
>> the storm, hence the broken segments to the I-10
>> causeway.
>>
>> Most of the damage to New Orleans is from flooding due
>> to the broken levees, which should have been
>> strengthened years ago. If they had been
>> strengthened, New Orleans would now be mostly intact
>> today.
>>
>> The city is now submerged in Lake Pontchartrain. A
>> decision will have to be made to recover the city or
>> abandon it forever, like Pompeii.
>>
>> Most of the damage to the east of New Orleans is from
>> storm surge. We have had the technology to mitigate
>> the effects of storm surge for more than a century.
>>
>> After the 1900 storm that devastated Galveston, the
>> Corps of Engineers built a magnificent seawall to
>> protect the developed area of the island, which was
>> extended in the 60s.
>>
>> The era of "privatization" has ended such projects.
>> -
>>
>>
>>
>
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