How Bankers are using the Debt Crisis to Roll Back the Progressive Era
By Michael Hudson
Financial strategists do not intend to let today’s debt crisis go to waste. Foreclosure time has arrived. That means revolution – or more accurately, a counter-revolution to roll back the 20th century’s gains made by social democracy: pensions and social security, public health care and other infrastructure providing essential services at subsidized prices or for free. The basic model follows the former Soviet Union’s post-1991 neoliberal reforms: privatization of public enterprises, a high flat tax on labor but only nominal taxes on real estate and finance, and deregulation of the economy’s prices, working conditions and credit terms.
What is to be reversed is the “modern” agenda. The aim a century ago was to mobilize the Industrial Revolution’s soaring productivity and technology to raise living standards and use progressive taxation, public regulation, central banking and financial reform to d…
There are several end goals the 45 days of bob are meant to produce... one is to be a little bit healthier at the end of this 'thing'. Yet only three days in and already I've failed on the coffee free 45 days plan.
Oh well at least I've given away the smack habit and butchering of the neighbours hens
for now at least
This is a photo of Strong healthy bob - note he can pose sans specs... wow