Sunday, May 10, 2020

A little learning

Number three: You have to go through life with more than just passion for change; you need a strategy. I'll repeat that. I want you to have passion, but you have to have a strategy. Not just awareness, but action. Not just hashtags, but votes.
You see, change requires more than righteous anger. It requires a program, and it requires organizing. At the 1964 Democratic Convention, Fannie Lou Hamer -- all five-feet-four-inches tall -- gave a fiery speech on the national stage. But then she went back home to Mississippi and organized cotton pickers. And she didn't have the tools and technology where you can whip up a movement in minutes. She had to go door to door. And I’m so proud of the new guard of black civil rights leaders who understand this. It’s thanks in large part to the activism of young people like many of you, from Black Twitter to Black Lives Matter, that America’s eyes have been opened -- white, black, Democrat, Republican -- to the real problems, for example, in our criminal justice system.
But to bring about structural change, lasting change, awareness is not enough. It requires changes in law, changes in custom. If you care about mass incarceration, let me ask you: How are you pressuring members of Congress to pass the criminal justice reform bill now pending before them? (Applause.) If you care about better policing, do you know who your district attorney is? Do you know who your state’s attorney general is? Do you know the difference? Do you know who appoints the police chief and who writes the police training manual? Find out who they are, what their responsibilities are. Mobilize the community, present them with a plan, work with them to bring about change, hold them accountable if they do not deliver. Passion is vital, but you've got to have a strategy.

http://www.politico.com/story/2016/05/obamas-howard-commencement-transcript-222931
By POLITICO STAFF 05/07/16 04:52 PM EDT



Joe Biden was in all Obama/Biden scandals.

Wednesday, May 6, 2020

John Maynard Keynes (1883-1946)

His 1919 critique of the Versailles Treaty, The Economic Consequences of the Peace, began the process of turning British elite opinion toward greater sympathy with Germany.  As a response to ongoing high levels of unemployment in Britain, in 1924 he challenged fiscal orthodoxy by recommending deficit spending on public works to stimulate the sluggish economy in Does Unemployment Need a Drastic Remedy?  In A Treatise on Money (1930), he further departed from fiscal orthodoxy by suggesting that there are economic conditions under which savings do not lead to investment, and in the midst of an economic depression, the correct course of action should be to encourage spending and discourage saving.  His greatest contribution to economic science was The General Theory of Employment, Interest and Money, in which he contested the classical economic theory that full employment could always be reached by making wages sufficiently low.  Over and above its immediate policy implications, the book suggested fiscal tools for managing the economy and categories of analysis that influenced economic policy and analysis for decades.

John Maynard Keynes (1883-1946)