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Showing posts with label James K Galbraith. Show all posts
Showing posts with label James K Galbraith. Show all posts

Oct 10, 2010

James K. Galbraith's progressive response to economic crisis (video)

Economist Dr. James K. Galbraith spoke at the Communications, Energy and Paperworkers’ 9th convention last month, where he brought delegates a message not often heard from economists – that there is a progressive response to the economic crisis.

Galbraith – the son of famed Canadian economist John Kenneth Galbraith – regaled delegates with his analysis of the roots of the economic recession that has destroyed jobs, families and communities. He said the crisis wasn’t an economic crisis but a fraud perpetrated on innocent victims.

Click to view the video of Dr. Galbraith's September 2010 analysis. #

In September 2009 I posted on Dr. Galbraith's views and included one of his quotes concerning the US financial system and the predatory class along with some basic astro-notes detailing his Sun-Moon blend which Dr. Galbraith then generously weighed in on by leaving a Comment confirming my astro-suspicions about him.

Now my question is: may the US have Dr. Galbraith as Treasury Secretary please? He was born in Boston after all! For what a difference such a progressive point of view could make when the US and global financial systems need it most.

Oops! How un-globalist of me: it should be 'global financial system'... not 'systems'.

My bad. The globalists' agenda. Though yes, I'd "like to teach the world to sing in perfect harmony" a la Coca-Cola, too. But not under a goose-stepping totalitarian regime.

Sep 9, 2009

James Galbraith on the US financial system's 'Lost Decade' potential

Author, economist, and University of Texas Professor James K. Galbraith, son of economist John Kenneth Galbraith, has one of the clearest views of America's financial situation that I've read in a long time.

Professor Galbraith's directness about finances and politics is very refreshing in this time of obfuscations, heists, purposeful confusions, underhanded political strategies, and deceits.

You've probably read his articles in The Nation, Mother Jones, The American Prospect, and other publications; his 2008 book, The Predator State is on my reading wish list.

Professor Galbraith's Home Page at the LBJ School of Public Affairs at the University of Texas has more info on his work, if you'd like to check it out.

And here's one of his quotes from his Wiki bio which I'm lovin' about now (the quote, not the bio which is too slim to tell me where he was born) ~~ Update 9.10.09: see Comments after this post for the professor's own admission - he was born in Boston, probably 'in the evening'! Continuing his quote here:

"Today, the signature of modern American Capitalism is neither benign competition, nor class struggle, nor an inclusive middle-class utopia. Instead, predation has become the dominant feature -- a system wherein the rich have come to feast on decaying systems built for the middle class. The predatory class is not the whole of the wealthy; it may be opposed by many others of similar wealth. But it is the defining feature, the leading force. And its agents are in full control of the government under which we live."

Well, Professor Galbraith just summed up in one neat paragraph about 3/4 of this blog's almost-3000 posts of the last 4 years! And...he said,
utopia.

~:~

James K. Galbraith born Jan 29, 1952, hour and place unknown; Sun 8-10 AQ, Moon 10-25 Pisces; PE @ '8Vir' 7 South Series: 'tremendous anger, power, force; obstacles suddenly clear, or, a quick, fast-moving crisis moves through the life' (Brady's Predictive Astrology); last manifested Oct 3, 2005 @ '10Libra.'

Sun AQ/Moon Pisc's 'Images for Integration: A scientist sings grand opera...A brilliant inventor takes a sabbatical on a desert island.' (Sun Sign, Moon Sign, Chas & Suzi Harvey.)

This Air-Water blend describes a thinker and poet with a universal outlook; there's independence and vulnerability, reverence, forgiveness, humor, and kindness.

This combo of energies is committed to a cause, loves people, has great psychological insights into them, is observant, sensible, friendly, and is at heart a scientist who loves weird phenomena.

Sun AQ-Moon Pisc is shared natally by: George Balanchine, England's Queen Ann, Eartha Kitt, Paul Newman, Franz Schubert, Roger Vadim, and, of all people since Galbraith has been scathing on Bush and the Iraq War - Dick Cheney.

And speaking of Cheney, his 6th house Mercury @ 25 AQ is being transited off and on (now on) by Neptune. Neptune-to-natal-Mercury (thinking; communicating) is a period with both positive and negative potentials such as: information dissemination and broadcasting, inspired imagination, higher mental planes, commercial sales, confusion, disorganization, fraud, an inability to grasp reality, and just plain old fashioned deception.