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Can You Trust Retirement Planners?

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Can You Trust Retirement Planners?

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Most of us have probably heard the horror stories about incompetent or crooked retirement, financial and estate planners. Many people have lost all or part of their retirement nest egg to bad retirement planning or worse professional fraudsters masquerading as retirement planners. Not surprisingly many persons approaching retirement ask if they can trust retirement planners.

The answer to this question is an obvious one: there are many excellent retirement planners that you can trust. Unfortunately there are also corrupt and incompetent planners that you should avoid like the plague. Therefore anybody in need of such planning expertise should learn to tell the difference between the two.

Conflicts of Interest and Lack of Expertise

The worst abuses in both retirement planning and financial advice occur when the so-called advisor is actually a salesman. There are many individuals that call themselves financial advisors who really make their living selling insurance, annuities, stock, mutual funds and investments.

The conflict of interest with these people is obvious they only make money when you buy something. Their focus is often on pushing whatever product they happen to be selling this week rather than giving you sound financial advice. To make matters worse many experts are most likely to recommend those investments they receive the highest commissions from not what is best for you.

[youtube]http://www.youtube.com/watch?v=VsWgZbBen4w[/youtube]

Another problem is that some of these people may have little or no knowledge or expertise outside of investments or the particular investments they sell. There are excellent insurance salesmen and brokers that cannot bounce their own checking accounts. You obviously want to get financial advice from somebody who looks at the big picture not just investments.

Pay for Retirement Planning and Financial Advice

The best way to avoid the conflicts of interest and to get sound financial advice is to pay for it. There are many experts that provide this kind of advice out there including financial planners, financial advisors, wealth managers, accounts and attorneys.

Before paying you should conduct some research and find out what kind of retirement planning is appropriate in your situation. If you just need advice with investments or savings arrangements a certified financial planner or retirement planner could help. If you need to plan your estate you may need to speak to a probate attorney that has knowledge of the laws concerning inheritance in your state.

Take Advantage of Different Areas of Expertise

There are also many cases when a couple planning for retirement may need to work with more than one expert. A couple with a high income may need to speak to a retirement planner, a tax attorney and perhaps a probate attorney.

Many people get themselves into trouble by assuming that their retirement planner knows about taxes or probate law or that their accountant understands investments. This may not be the case there are competent accountants and planners that know nothing about taxes. A good tax attorney on the other hand may not understand the first thing about investments.

Something to remember is that experts and planners often learn just enough to be dangerous about a subject. They accumulate some superficial knowledge but they may not really understand what they are taking about. A retirement planner could memorize some basic information about the IRS code but not understand its implications.

Therefore it is often a good idea to get a second opinion about planning advice particularly if it contradicts what you’ve heard in the past. Asking a tax attorney or a probate attorney to look over a retirement plan or an estate plan is always a good idea. Having a new planner review an older retirement plan after a few years is also a good idea.

Finally never be afraid to ask questions and conduct your own research. If a planner makes a recommendation that seems questionable to you look into it. Research the topic online, read up on the subject, and get a second opinion from an expert in the field. Always keep this mind; everybody is wrong sooner or later including retirement planners.

Article Source: sooperarticles.com/finance-articles/insurance-articles/can-you-trust-retirement-planners-835669.html

About Author:

Steven Hart is a freelance writer and a Financial Advisor from Cary, IL. He writes about Annuity topics like Single Premium Immediate Annuities, What is an Annuity, and Current Annuity Rates.Author: Steven Hart

  • 10 Sep, 2021
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South Australia enters week-long lockdown to contain COVID-19 Delta variant spread

Friday, July 23, 2021

With five active cases of the Delta variant of COVID-19, South Australia begun a one-week lockdown on Monday. Announcing the lockdown, state Premier Steven Marshall declared “we have no alternative but to impose some fairly heavy and immediate restrictions”.

The first case out of South Australia’s active cases was presented to Modbury Hospital on Sunday night, having returned from Argentina earlier this month. The fifth, which Premier Marshall noted as “far more worrying”, visited The Greek on Halifax restaurant at the same time as someone who was later confirmed to be carrying the virus. Chief Public Health Officer for the state Nicola Spurrier said “if anyone has been at The Greek on Halifax they need to get into quarantine and get tested”.

In accordance with new regulations, there are only five reasons for South Australians to leave home: essential work, shopping for essential goods such as food, exercise, but only with people from the same household and within 2.5 kilometers (2 mi) of home, medical reasons (which includes testing and vaccination against the coronavirus, but excludes elective and cosmetic surgery), and caregiving.

Schools have closed for all but children of essential workers, with online learning having begun on Thursday. Face masks are also be mandated for those who leave home. ABC News reported that “support for businesses is expected to be announced…”, with all non-essential retail required to close under the new regulations.

Retrieved from “https://en.wikinews.org/w/index.php?title=South_Australia_enters_week-long_lockdown_to_contain_COVID-19_Delta_variant_spread&oldid=4632339”
  • 6 Sep, 2021
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UK PM’s speechwriter awaits sentence

Wednesday, August 29, 2007

An English lawyer has pleaded guilty to perverting the course of justice. He faked a legal judgment and sent it to a father who was pleading in Taunton family court to be able to remain involved in his child’s upbringing. The lawyer, London barrister Bruce Hyman, now awaits his sentence. The judge indicated that he could receive a prison sentence. Bruce Hyman is well-known in media circles, having produced The Hitchhiker’s Guide to the Galaxy on BBC Radio. He also produced a series with Clive Anderson, at Above the Title Productions, called Unreliable Evidence.

The father, a former City financier, had attended a series of court hearings in order to make suitable arrangements to see his child following an acrimonious divorce. Shortly before one of these hearings he received an email, ostensibly from a self-help group to which he belonged, which had attached a Court of Appeal case that appeared favourable to an application he had made for the judge to stand down from the case. The father, who was representing himself, duly showed the case to the judge. At this point, Bruce Hyman, the lawyer representing the former wife, claimed to the judge that the case was a forgery, which indeed it turned out to be.

After confirming that the self-help group had not sent him the email, the father then embarked on some detective work his own. The fraudulent email was traced via its header to a dial-up internet connection and a phone number belonging to a shop in London. The shop was able to recover CCTV footage which showed a man sending the email from an Apple laptop. The man turned out to be Bruce Hyman.

Sentencing of Hyman is due in Bristol Crown Court on the 19th of September.

Retrieved from “https://en.wikinews.org/w/index.php?title=UK_PM%27s_speechwriter_awaits_sentence&oldid=1699556”
  • 6 Sep, 2021
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Illinois high schools now required to buy insurance for athletes

Tuesday, August 6, 2013

This past Sunday, Illinois Governor Pat Quinn signed into law a bill known as “Rocky’s Law” that requires Illinois high schools, through the local school district, to buy catastrophic injury insurance up to US$3 million or medical costs for up to five years, whichever one comes first, that covers student athletes. The insurance must cover student athletes while they are competing.

The legislation was named after Rasul “Rocky” Clark. In 2000, the Eisenhower High School football player became paralyzed from the waist down as a result of a tackle during a game. His school based health insurance covered the costs of his medical treatment. A legislator sponsoring the bill noted that the need for this type of insurance is rare. Clark’s mother attended the legislation signing. Her son died last year.

Before parents can claim money from school insurance, they first must pay out US$50,000. Schools have until January 1, 2014 to comply with the law. Schools cannot charge students more than US$5 to defray the cost of insurance. If a school district already requires student to be covered through private health insurance, they are exempted from this law.

Retrieved from “https://en.wikinews.org/w/index.php?title=Illinois_high_schools_now_required_to_buy_insurance_for_athletes&oldid=1970513”
  • 6 Sep, 2021
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Tyler The Dog Is A Hit On “Swamp People”

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Tyler the Dog is a Hit on “Swamp People”

by

Grubb Young

Americans love reality television shows, and now the History channel has come out with one that looks at the life of the many people who live in the Louisiana swamps. This is a remote region that is boggy and full of bugs and alligators. Urban legends abound about the area, from voodoo priestesses to swamp creatures. A multitude of fictional works including books, cartoons, movies, and TV shows paint an image of the Louisiana swamps as a place where normal people just shouldn’t go. The History channel is dispelling these urban legends, and highlighting the life of the people who call the swamps home.

Many swamp natives make their livings off the swamp and the rich wildlife in the area. Alligator and turtle hunting are vital to the local economy. One of more interesting people highlighted on the show is Bruce, who describes life in the swamp as his “little piece of heaven”. Bruce raises turtles and alligators, and hunts them in the swamp. He also owns and operates a small company, where he takes tourists out on boats to see wild alligators in the Louisiana bayou. In his overalls without a shirt, and an American flag bandanna keeping his long curly hair under control, Bruce entertains tourists and TV watchers alike.

[youtube]http://www.youtube.com/watch?v=ACcNUVijF9c[/youtube]

The History channel features short clips from the show on its website. Some clips are only available on the site, as they additional footage that was shot but cut from the program. One of these clips features the bandanna clad Bruce out on a small swamp boat with his best friend, Tyler.

Tyler is a dog who has been with Bruce for ten years, since he was a pup. It didn’t take long for Tyler to become the kind of dog who expects to go everywhere with his best friend, Bruce. According to Bruce, you can’t hitch up the boat without Tyler wanting to go along for the ride. This is the perfect day on the bayou for Bruce—out alligator hunting with his trusted companion.

Part of the fun for Tyler the dog going out on the boat is Little Debbie Zebra Cakes. According to Bruce, Tyler got turned on to the snack one day out on the boat when he was a puppy. Bruce had forgotten to carry dog food, and Tyler had become hungry. Bruce didn’t want his best friend to have to wait to get back to shore before he could put something on his stomach, so Bruce offered the pup the only thing he had on hand. Ten years later, Bruce says Tyler loves his Zebra Cakes on the boat and before bedtime. Bruce happily explains that Tyler’s weekly grocery list always includes a box of Zebra Cakes.

Like all the folks on “Swamp People”, Tyler the dog seems to be living a happy life. Plenty of outdoor time and regular boat trips makes for a happy dog. Tyler looks pretty good for a ten year old dog with a penchant for snack cakes. He obviously gets plenty of exercise to stay fit. With as much freedom as Tyler has to run around outside, it’s unlikely that he ever needed wee wee puppy pads to help him puppy train. As healthy as he is heading into his elder years, it’s also unlikely that Tyler will ever need puppy pads to help with incontinence in his old age.

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  • 5 Sep, 2021
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Viktor Schreckengost dies at 101

Sunday, January 27, 2008

Viktor Schreckengost, the father of industrial design and creator of the Jazz Bowl, an iconic piece of Jazz Age art designed for Eleanor Roosevelt during his association with Cowan Pottery died yesterday. He was 101.

Schreckengost was born on June 26, 1906 in Sebring, Ohio, United States.

Schreckengost’s peers included the far more famous designers Raymond Loewy and Norman Bel Geddes.

In 2000, the Cleveland Museum of Art curated the first ever retrospective of Schreckengost’s work. Stunning in scope, the exhibition included sculpture, pottery, dinnerware, drawings, and paintings.

Retrieved from “https://en.wikinews.org/w/index.php?title=Viktor_Schreckengost_dies_at_101&oldid=2584756”
  • 1 Sep, 2021
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Daughter of Yuko Ikeda kidnapped to ransom in Tokyo; freed 13 hours later

Tuesday, June 27, 2006

Ikeda Kanako, a 21-year-old senior student of the Meiji Gakuin University and the first daughter of celebrity surgeon Yuko Ikeda, was kidnapped at about 1225 (UTC+9), June 26, 2006, in Shibuya, Tokyo.

A bullet was fired and one officer slightly cut when police stormed a Kawasaki apartment to rescue the girl.

Kanako was dressed in a white light half-sleeved cardigan, blue jeans with a bistre belt made of leather, a spring green camisole and carried a bag of Vuitton when she was abducted at a bus stop.

She was found unharmed 13 hours later by Japanese police at a condominium located in Nakahara-ku, Kawasaki, Kanagawa. The young woman’s make-up was not disordered; Kanako’s long brown fringe was not disheveled at all and she was wearing what she had been when she was kidnapped.

The kidnapping of Kanako was a big story in Japanese media in June, 2006. The story appeared in many newspapers as the front-page news on June 27, 2006.

Kanako and her kidnappers had been in touch with her mother using Kanako’s mobile phone. The effort to free her was helped greatly by a woman who witnessed the moment Kanako was taken; she wrote down the license plate of the van and other details.

Police traced mobile phone calls and were able to locate the van in Kawasaki where they detained two of the kidnappers as they went shopping.

One conspirator Li Yong, 29, from China, led the policemen to the apartment and tricked Kaneo Ito, 49, from Japan, to open the door. Ito managed to discharge one bullet before being restrained by an assistant police inspector, the first man in the room.

The other man involved in the kidnap of Kanako was Choi Gi Ho, 54, from South Korea. Kanato was freed unharmed.

The Tokyo Metropolitan Police Department arrested three men on suspicion of conspiring to kidnap a woman and hold her to a reported 300 million yen ransom.

Retrieved from “https://en.wikinews.org/w/index.php?title=Daughter_of_Yuko_Ikeda_kidnapped_to_ransom_in_Tokyo;_freed_13_hours_later&oldid=1765889”
  • 1 Sep, 2021
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On the campaign trail in the USA, October 2016

Sunday, November 6, 2016

The following is the sixth and final edition of a monthly series chronicling the U.S. 2016 presidential election. It features original material compiled throughout the previous month after an overview of the month’s biggest stories.

In this month’s edition on the campaign trail: the Free & Equal Foundation holds a presidential debate with three little-known candidates; three additional candidates give their final pleas to voters; and past Wikinews interviewees provide their electoral predictions ahead of the November 8 election.

Contents

  • 1 Summary
  • 2 Free & Equal Debate
  • 3 Final pleas
  • 4 Predictions
  • 5 Related articles
  • 6 Sources
Retrieved from “https://en.wikinews.org/w/index.php?title=On_the_campaign_trail_in_the_USA,_October_2016&oldid=4641436”
  • 31 Aug, 2021
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The Big Benefits Of Waterproof Smartphone Cases

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By Harry Fassett

Today’s cell phones, smartphones and other mobile devices are more powerful and durable than ever before, but most are still no match for a little bit of water. An accidental drop in the bathtub or trip in the swimming pool has meant the end for countless electronics. Since water is a major enemy when it comes to electronics and mobile devices, it’s no surprise that waterproof cell phone and smartphone cases are always popular accessories.

From time to time, we all find ourselves using our mobile devices in places we probably shouldn’t – catching up on reading by the ocean or in the bathtub, surfing the web on a boating trip or even just listen to music while washing the dishes. It only takes a split second to accidentally drop your phone in the water, and as soon as you hear the “splash”, the damage may be done. With a waterproof case, however, you can use your mobile device near water without having to worry about possibly needing a new phone by the end of the day.

[youtube]http://www.youtube.com/watch?v=6RXSlMu5EDI[/youtube]

Waterproof cell phone and smartphone cases are available from many high end accessory manufacturers like iOttie and Krusell. Like the name says, they are designed to prevent damage that can occur as the result of exposure to water. While earlier waterproof cases were bulky and obstructed access to the device’s features, many modern waterproof cases are designed to all the user full access to their phone’s buttons, screens and even cameras. In fact, many users have come to love waterproof cases for devices with good cameras like the iPhone because they provide an affordable way to take fun and unique underwater photos.

A good waterproof case is designed to completely enclose a cell phone or smartphone. It should tightly cover the device and it’s screens, buttons and ports. Many waterproof cases have plugs that fit inside headphone jacks and charging ports to provide a more thorough seal against water. Some cases are built to be used over and over while others are made for one time use. Models designed for one time use are ideal for those who are looking for an affordable way to protect their mobile device while on vacation. Cases made for repeated use tend to be a bit more expensive, but they are the better choice for people who frequently find themselves in wet environments.

In addition to preventing water damage, waterproof cell phone and smartphone cases are also popular options for people who work or spend a lot of time in dirty or dusty environments. The waterproof design is ideal for keeping dust and debris from getting inside a mobile device’s ports. Regular cases may also allow dirt to penetrate below the screen protector, potentially causing scuffs and cracks. With a waterproof case, there is virtually no way for even the smallest particles of dust to come in direct contact with the device.

Waterproof cell phone and smartphone cases, such as those from top brands like Krusell and iOttie, are excellent accessories to invest in for most any mobile device user. They are widely available for all the most popular brands including Apple, HTC, Blackberry, Motorola, Samsung and many others. Waterproof cases make it possible to avoid damage a the result of moisture or debris in most any situation.

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  • 28 Aug, 2021
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Interview with US political activist and philosopher Noam Chomsky

Saturday, April 4, 2009

Noam Chomsky is a professor emeritus at Massachusetts Institute of Technology in Linguistics and Philosophy. At the age of 40 he was credited with revolutionizing the field of modern linguistics. He was one of the first opponents of the Vietnam War, and is a self described Libertarian Socialist. At age 80 he continues to write books; his latest book, Hegemony or Survival, was a bestseller in non-fiction. According to the Arts and Humanities Citation Index Professor Chomsky is the eighth most cited scholar of all time.

On March 13, Professor Chomsky sat down with Michael Dranove for an interview in his MIT office in Cambridge, Massachusetts.

((Michael Dranove)) I just wanted to know if you had any thoughts on recent NATO actions and the protests coming up at the 60th NATO conference, I know you’re speaking at the counter-conference.

Could be I give so many talks I can’t remember (laughs).

On the NATO conference, well I mean the obvious question is why should NATO exist? In fact you can ask questions about why it should ever have existed, but now why should it exist. I mean the theory was, whether you believe it or not, that it would be a defensive alliance against potential Soviet aggression, that’s the basic doctrine. Well there’s no defense against Soviet aggression, so whether you believe that doctrine or not that’s gone.

When the Soviet Union collapsed there had been an agreement, a recent agreement, between Gorbachev and the U.S government and the first Bush administration. The agreement was that Gorbachev agreed to a quite remarkable concession: he agreed to let a united Germany join the NATO military alliance. Now it is remarkable in the light of history, the history of the past century, Germany alone had virtually destroyed Russia, twice, and Germany backed by a hostile military alliance, centered in the most phenomenal military power in history, that’s a real threat. Nevertheless he agreed, but there was a quid pro quo, namely that NATO should not expand to the east, so Russia would at least have a kind of security zone. And George Bush and James Baker, secretary of state, agreed that NATO would not expand one inch to the east. Gorbachev also proposed a nuclear free weapons zone in the region, but the U.S wouldn’t consider that.

Okay, so that was the basis on which then shortly after the Soviet Union collapsed. Well, Clinton came into office what did he do? Well one of the first things he did was to back down on the promise of not expanding NATO to the east. Well that’s a significant threat to the Soviet Union, to Russia now that there was no longer any Soviet Union, it was a significant threat to Russia and not surprisingly they responded by beefing up their offensive capacity, not much but some. So they rescinded their pledge not to use nuclear weapons on first strike, NATO had never rescinded it, but they had and started some remilitarization. With Bush, the aggressive militarism of the Bush administration, as predicted, induced Russia to extend further its offensive military capacity; it’s still going on right now. When Bush proposed the missile defense systems in Eastern Europe, Poland and Czechoslovakia, it was a real provocation to the Soviet Union. I mean that was discussed in U.S arms control journals, that they would have to regard as a potential threat to their strategic deterrent, meaning as a first strike weapon. And the claim was that it had to do with Iranian missiles, but forget about that.

Why should we even be debating NATO, is there any reason why it should exist?

Take say on Obama, Obama’s national security advisor James Jones former Marine commandant is on record of favoring expansion of NATO to the south and the east, further expansion of NATO, and also making it an intervention force. And the head of NATO, Hoop Scheffer, he has explained that NATO must take on responsibility for ensuring the security of pipelines and sea lanes, that is NATO must be a guarantor of energy supplies for the West. Well that’s kind of an unending war, so do we want NATO to exist, do we want there to be a Western military alliance that carries out these activities, with no pretense of defense? Well I think that’s a pretty good question; I don’t see why it should, I mean there happens to be no other military alliance remotely comparable — if there happened to be one I’d be opposed to that too. So I think the first question is, what is this all about, why should we even be debating NATO, is there any reason why it should exist?

((Michael Dranove)) We’ve seen mass strikes all around the world, in countries that we wouldn’t expect it. Do think this is a revival of the Left in the West? Or do you think it’s nothing?

It’s really hard to tell. I mean there’s certainly signs of it, and in the United States too, in fact we had a sit down strike in the United States not long ago, which is a very militant labor action. Sit down strikes which began at a significant level in the 1930’s were very threatening to management and ownership, because the sit down strike is one step before workers taking over the factory and running it and kicking out the management, and probably doing a better job. So that’s a frightening idea, and police were called in and so on. Well we just had one in the United States at the Republic Windows and Doors Factory, it’s hard to know, I mean these things are just hard to predict, they may take off, and they may take on a broader scope, they may fizzle away or be diverted.

((Michael Dranove)) Obama has said he’s going to halve the budget. Do you think it’s a little reminiscent of Clinton right before he decided to institute welfare reform, basically destroying half of welfare, do you think Obama is going to take the same course?

There’s nothing much in his budget to suggest otherwise, I mean for example, he didn’t really say much about it, about the welfare system, but he did indicate that they are going to have to reconsider Social Security. Well there’s nothing much about social security that needs reconsideration, it’s in pretty good financial shape, probably as good as it’s been in its history, it’s pretty well guaranteed for decades in advance. As long as any of the famous baby boomers are around social Security will be completely adequate. So its not for them, contrary to what’s being said. If there is a long term problem, which there probably is, there are minor adjustments that could take care of things.

So why bring up Social Security at all? If it’s an issue at all it’s a very minor one. I suspect the reason for bringing it up is, Social Security is regarded as a real threat by power centers, not because of what it does, very efficient low administrative costs, but for two reasons. One reason is that it helps the wrong people. It helps mostly poor people and disabled people and so on, so that’s kind of already wrong, even though it has a regressive tax. But I think a deeper reason is that social security is based on an idea that power centers find extremely disturbing, namely solidarity, concern for others, community, and so on.

If people have a commitment to solidarity, mutual aid, support, and so on, that’s dangerous because that could lead to concern for other things.

The fundamental idea of Social Security is that we care about whether the disabled widow across town has food to eat. And that kind of idea has to be driven out of people’s heads. If people have a commitment to solidarity, mutual aid, support, and so on, that’s dangerous because that could lead to concern for other things. Like, it’s well known, for example, that markets just don’t provide lots of options, which today are crucial options. So for example, markets today permit you to buy one brand of car or another. But a market doesn’t permit you to decide “I don’t want a car, I want a public transportation system”. That’s just not a choice made available on the market. And the same is true on a wide range of other issues of social significance, like whether to help the disabled widow across town. Okay, that’s what communities decide, that’s what democracy is about, that’s what social solidarity is about and mutual aid, and building institutions by people for the benefit of people. And that threatens the system of domination and control right at the heart, so there’s a constant attack on Social Security even though the pretexts aren’t worth paying attention to.

There are other questions on the budget; the budget is called redistributive, I mean, very marginally it is so, but the way it is redistributive to the extent that it is, is by slightly increasing the tax responsibility to the extremely wealthy. Top couple of percent, and the increase is very marginal, doesn’t get anywhere near where it was during the periods of high growth rate and so on. So that’s slightly redistributive, but there are other ways to be redistributive, which are more effective, for example allowing workers to unionize. It’s well known that where workers are allowed to unionize and most of them want to, that does lead to wages, better working conditions, benefits and so on, which is redistributive and also helps turn working people into more of a political force. And instead of being atomized and separated they’re working to together in principle, not that humans function so wonderfully, but at least it’s a move in that direction. And there is a potential legislation on the table that would help unionize, the Employee Free Choice Act. Which Obama has said he’s in favor of, but there’s nothing about it in the budget, in fact there’s nothing in the budget at all as far as I can tell about improving opportunities to unionize, which is an effective redistributive goal.

And there’s a debate right now, it happens to be in this morning’s paper if Obama’s being accused by Democrats, in fact particularly by Democrats, of taking on too much. Well actually he hasn’t taken on very much, the stimulus package; I mean anybody would have tried to work that out with a little variation. And the same with the bailouts which you can like or not, but any President is going to do it. What is claimed is that he’s adding on to it health care reform, which will be very expensive, another hundreds of billions of dollars, and it’s just not the time to do that. I mean, why would health care reform be more expensive? Well it depends which options you pick. If the healthcare reforms maintain the privatized system, yeah, it’s going to be very expensive because it’s a hopelessly inefficient system, it’s very costly, its administrative costs are far greater than Medicare, the government run system. So what that means is that he’s going to maintain a system which we know is inefficient, has poor outcomes, but is a great benefit to insurance companies, financial institutions, the pharmaceutical industry and so on. So it can save money, health care reform can be a method of deficit reduction. Namely by moving to an efficient system that provides health care to everyone, but that’s hardly talked about, its advocates are on the margins and its main advocates aren’t even included in the groups that are discussing it.

And if you look through it case after case there are a lot of questions like that. I mean, take unionization again, this isn’t in the budget but take an example. Obama, a couple of weeks ago, wanted to make a gesture to show his solidarity with the labor movement, which workers, well that’s different (chuckles) with the workers not the labor movement. And he went to go visit an industrial plant in Illinois, the plant was owned by Caterpillar. There was some protest over that, by human rights groups, church groups, and others because of Caterpillar’s really brutal role in destroying what’s left of Palestine. These were real weapons of mass destruction, so there were protests but he went anyway. However, there was a much deeper issue which hasn’t even been raised, which is a comment on our deep ideological indoctrination. I mean Caterpillar was the first industrial organization to resort to scabs, strikebreakers, to break a major strike. This was in the 1980’s, Reagan had already opened the doors with the air controllers, but this is the first in the manufacturing industry to do it. That hadn’t been done in generations. In fact, it was illegal in every industrial country except apartheid South Africa. But that was Caterpillar’s achievement helping to destroy a union by calling in scabs, and if you call in scabs forget about strikes, in other words, or any other labor action. Well that’s the plant Obama went to visit. It’s possible he didn’t know, because the level of indoctrination in our society is so profound that most people wouldn’t even know that. Still I think that it’s instructive, if you’re interested in doing something redistributive, you don’t go to a plant that made labor history by breaking the principle that you can’t break strikes with scabs.

((Michael Dranove)) I live out in Georgia, and a lot of people there are ultra-right wing Ron Paul Libertarians. They’re extremely cynical. Is there any way for people on the left to reach out to them?

I think what you have to do is ask, what makes them Ron Paul Libertarians? I don’t happen to think that makes a lot of sense, but nevertheless underlying it are feelings that do make sense. I mean the feeling for example that the government is our enemy. It’s a very widespread feeling, in fact, that’s been induced by propaganda as well.

So pretty soon it will be April 15th, and the people in your neighborhood are going to have to send in their income taxes. The way they’re going to look at it, and the way they’ve been trained to look at it is that there is some alien force, like maybe from Mars, that is stealing our hard earned money from us and giving it to the government. Okay, well, that would be true in a totalitarian state, but if you had a democratic society you’d look at it the other way around You’d say “great, it’s April 15th, we’re all going to contribute to implement the plans that we jointly decided on for the benefit of all of us.” But that idea is even more frightening than Social Security. It means that we would have a functioning democracy, and no center of concentrated power is ever going to want that, for perfectly obvious reasons. So yes there are efforts, and pretty successful efforts to get people to fear the government as their enemy, not to regard it as the collective population acting in terms of common goals that we’ve decided on which would be what have to happen in a democracy. And is to an extent what does happen in functioning democracies, like Bolivia, the poorest country in South America. It’s kind of what’s happening there more or less. But that’s very remote from what’s happening here.

Well I think Ron Paul supporters can be appealed to on these grounds, they’re also against military intervention, and we can ask “okay, why?” Is it just for their own security, do they want to be richer or something? I doubt it, I think people are concerned because they think we destroyed Iraq and so on. So I think that there are lots of common grounds that can be explored, even if the outcomes, at the moment, look very different. They look different because they’re framed within fixed doctrines. But those doctrines are not graven in stone. They can be undermined.

  • Additional comments
  • On the elite’s view of the poor

  • On Fromm‘s alienation of man

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  • 28 Aug, 2021
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