Perot: “Economic crisis far greater than anything since the Great Depression”

Fetishized Hypercapitalism or Cans of Instant Fish

DISRUPTIVE INNOVATIONS, (by Prof. Christensen) for RESTORING OUR ECONOMY
To: LARRY SUMMERS (Director of NEC) --- From: HARRY WINTER(S)

Working for years on my paper “EE-Logos.org”, I could only imagined our future to be a . And as you said: “These problems weren’t made in … years, and they’re not going to get solved that fast…, we also have to be mindful of having the right kind of plan that will carry us forward over time.”- President Obama had a much better line for you simplistic “right kind of plan”. He said: “We need to build a new Foundation for Economical Growth in America”. With that description I can work.
I will explain, but first, let me say what I see as the real cause of our economic crises. Sure, the blown Housing-bubble and the failed Government-Banking-oversight have caused serious problems, but these all have well known and proven solutions. The FATAL problem for the U.S. economy is simply that wages for workers and engineers are ten times higher than those of other countries. We cannot manufactured “trade-goods” that are affordable to the rest of the World. Instead, we have a Huge Trade Deficit of $750 Billion and factories are closing at an alarming rate. Soon, will have completely our Nation. Our politicians never mention this, because -- they have no solution for it! -- (See next page)

The $787 Billion STIMULUS-program does not address the above problem at all; it stimulates only the local economy weakly in an undifferentiated way. --- This program is obviously not the “right kind of plan” Larry; because it is based on a WRONG DIAGNOSIS, assuming we are only dealing with a cyclic recession. As Business Professor Peter Morici, of the University of Maryland, explains it: “A DEPRESSION is a recession that DOES NOT SELF-CORRECT, because of fundamental structural problems in the economy, such as or a .”

We have BOTH SYMPTONS, and a , which clearly indicates that we were already heading for a MAJOR DEPRESSION years ago. The “stimulus treatment”, recommended by our so called will work only for a ; it never had the ability to miraculously restore our very sick economy. Insisting that this faulty-diagnosis is still correct will cause great misery for hundreds of Millions and even death to hundreds of thousands of our U.S. citizens. --- Is that Treason by Incompetence?

How can our Business Professors believe in a , which restores our Economy miraculously back to life, just by adding Billions of dollars? --- It’s like believing in cans of , just by adding Galons of water. (Webster’s defination: Fetishized adj. [facticius] 1.any object believed by superstitious people to have magical power. [Like a Rabbit’s foot] )

Author Iain Banks observed this years ago, when he wrote:
”It is in the elevation of this profoundly mechanistic (and in that sense perversely innocent) [capitalistic] system to a position above all other moral, philosophical and political values and considerations that humankind displays most convincingly both its present intellectual immaturity and - through grossly pursued selfishness (rather than the applied hatred of others) a kind of synthetic evil.”

For a time I was baffled when none of the “Stimulus money” was ever directed towards the which our country. The new term of has now opened my eyes. It works by Magic, STUPID! – If you have ever tried to fix things by MAGIC you’ll understand that our economy can’t be restored that way. Understanding that this DEPRESSION can last for decades is easy, my solution is more difficult to comprehend. You need to read my web-pages and do some study on Prof. Christensen’s work, but you don’t need to understand my DSO design, it just works even without magic.
Curious? http://www.msmisp.com/futuretest/index.htm hwinter2@windstream.net.

With just less than one week left until we find out who will be our Commander in Chief for the next four years, there are new controversies surrounding both the Democrat and Republican camps. News sources are excited to report that the Republican National Committee spent upwards of $150,000 on new clothes for Vice Presidential Candidate Sarah Palin. While this story has been circulating, inspiring an avalanche of negative publicity, anti-Republican attacks, and the like, I am not rolling with this tide. As a matter of fact, considering that both Palin and Democratic Presidential hopeful Barack Obama have spent large sums of money on clothing, it doesn’t make me disrespect or respect one more than the other. After all, we live in a society where looks, more than anything else, are the prime things that we judge people on. If you have one candidate in designer duds, but somebody else who looks as if they’ve gotten their entire wardrobe from the Wal-Mart clearance rack, the latter won’t be taken seriously. And, besides, look at the attention Sarah Palin is getting with her wardrobe. It doesn't seem like such a bad political move. They spent a lot less on Sarah's wardrobe than Obama spends on TV commercials. In the end, I really hope that the American people will judge the candidates on the issues, and vote for the candidate that supports Americans' right to freedom for personal financial responsibility and the continued rights to no fax payday loans.