A Look At Freedom's Currents

A Look At Freedom's Currents
Each time a person stands up for an ideal, or acts to improve the lot of others. . .they send forth a ripple of hope, and crossing each other from a million different centers of energy and daring, those ripples build a current that can sweep down the mightiest walls of oppression and resistance." Robert F. Kennedy

21st Century's Priority One

1) Implementation of: The Promise of New Energy Systems & Beyond Oil ___________________________________________ #1 Disolves the Problem of the ill designed "Corporism: The Systemic Disease that Destroys Civilization." through simple scientific common sense ___________________________________________ _________ Using grade school physics of both Newtonian and Nuclear models, does anyone foresee counter currents of sufficient size to minimize/change direction of the huge Tsunami roaring down on us, taking away not only our Freedom, but our Lives? Regardless if our salaries are dependant on us not knowing the inconvenient truths of reality (global warming, corporate rule, stagnant energy science) portrayed by the rare articles in the news media? I know only one - a free science, our window to Reality - that easily resolves the Foundational Problem of Quantum Physics and takes E=MC2 out of Kindergarten

Saturday, April 23, 2011

The Worldshift Has Started

   Reprinted with permission from Evolution Intelligent Design, Survival blog
 
 
 
 
 
 
"The breakout from the old has started already, but it is not yet committed to a breakdown or to a breakthrough. It has not reached the tipping point because some people -- for the most part those whose economic and political interests are tied to the status quo -- believe that the current system can still be maintained. They are trying to restabilize it in business, finance, and politics, and refuse to admit that doing so is futile. Their efforts can delay the coming of the tipping point, but cannot avert it. The wiser option is to try to transcend the current system and find ways of organizing ourselves that allow us to live in peace with ourselves, with others, and with nature. This is a realistic option. We have the technology, the money, and the know-how to achieve it. The question is, whether we also have the will."
 
The "will" unfolds naturally with an expanding view of energy technology far beyond the shallow definition of current day science. It is incredibly strange how even in the Club of Budapest, energy science does not go past harnessing the power of wind, water, plants, geothermal, and tide, incapable of seeing nuclear energy utilization beyond the "caveman club, deadly radiation" method .  
 
 
 





The Promise of Energy for Everyone A Power Point Introductory Presentation
We have barely glimpsed the full scope of Energy Evolution and applications





The Worldshift Has Started

http://www.enlightennext.org/magazine/bios/ervin-laszlo.asp
More and more people seem convinced that something dramatic will happen at the end of 2012. Something dramatic will indeed happen -- and it could be something dramatically good. While the world will not suddenly become a paradise on earth, we could launch a process that would take it in that direction. Because the end of 2012 will be a transition from one age to the next. But into what age it will transit is not decided yet. All we know is that the processes of change that have been building throughout the 20th century will reach a point of no return -- the point at which whatever direction they take will become effectively irreversible. Now, in the spring of 2011, we are almost at that critical tipping point.


The breakout from the old has started already, but it is not yet committed to a breakdown or to a breakthrough. It has not reached the tipping point because some people -- for the most part those whose economic and political interests are tied to the status quo -- believe that the current system can still be maintained. They are trying to restabilize it in business, finance, and politics, and refuse to admit that doing so is futile. Their efforts can delay the coming of the tipping point, but cannot avert it. The wiser option is to try to transcend the current system and find ways of organizing ourselves that allow us to live in peace with ourselves, with others, and with nature. This is a realistic option. We have the technology, the money, and the know-how to achieve it. The question is, whether we also have the will.

We need new thinking. Einstein told us that we can't solve a problem with the same kind of thinking that gave rise to the problem, and if our problem is the obsolescence of the world we have created, we need to shift to a new paradigm for our life and civilization. The same thinking that got us here will bring us to the critical tipping point -- and to the irreversible leap which is then likely to be down, rather than up.

We should have long known that the world we have created is not sustainable. In 1962, in her seminal book Silent Spring, Rachel Carson told us that the way we treat our environment is not tenable and is bound to backfire, and in 1972 the Club of Rome published The Limits to Growth, a computerized world model with social and economic and not only ecological parameters. It predicted that in the absence of major change, the world system would collapse in less than a hundred years. Today the condition of unsustainability is widely recognized, but not many realize that we don't have a hundred years before it reaches a tipping point.

We live in a time of crises. The crises are many and diverse, but their cause is basically the same: a serious, and in the absence of determined change, terminal mismanagement of our affairs on this planet.



•There is unsustainability in the ecology. The way we withdraw and consume water, manage our productive lands and the resources of the sea, cannot be prolonged for long. A growing population with growing per capita resource consumption is rapidly depleting the vital resources of the planet. The way we pollute the air is not sustainable either: it would soon present serious health hazards especially in urban and industrial agglomerations.



•There is unsustainability in the economy. Despite great advances in the technologies of production and distribution, the gap is growing between rich and poor. In its search for markets and profits, mainstream businesses feed people's appetite for resource consumption, pushing one natural resource after another past peek production into decline. In its present form the global financial system is entirely untenable, yet bankers and politicians still try to stabilize it.

 •Social structures are breaking down in countries both developed and developing, and inequality and injustice, exposed by global flows of information, fuel resentment and revolt. Grassroots movements to overthrow dictators and power-elites are sweeping Africa and are spreading to Asia and Latin America. Growing waves of migrants move from social and political hot-spots and ecologically threatened areas toward relatively stable and prosperous regions, where they stress society and overload the economy and the ecology.

 In addition to unsustainabilities of our own creation, nature produces cataclysms of its own. These, as the earthquake off the shores of Japan showed, can create social and technological breakdowns that vastly magnify the disruptions and damages.

 Yet living in a crisis-ridden world has its positive side. The silver lining at the edge of the gathering clouds is what the Chinese had long known but we have all but forgotten: crisis is both danger and opportunity. The dangers are now evident, and also the opportunities are becoming visible. A "green economy" offers far-sighted entrepreneurs new ways to grow by shifting to less wasteful and hazardous forms of resource production and use. Unpredictable fluctuations prompt more and more people to ask whether today's unstable and inequitable financial system could be replaced with a system where money is used to enhance life and well-being, rather than to make more money.

The nuclear meltdown in Japan triggered a worldwide debate on whether there is a future based on this inherently dangerous technology. Is "nuclear future" an oxymoron?
Do we really need to boil water by fissioning the atom in order to produce steam to drive old-fashioned turbines to generate electricity -- when we know how to transform a stream of photons into a stream of electrons and can harness the power of wind, water, plants, and tide?

The dangers are real, and they are less and less tolerant of delay. Fortunately the opportunities to create real change are growing as well. In business, in the media, and even in politics, the will to explore alternatives is growing. The rapid rise of investment in clean technologies and green products, the wave of socially and ecologically conscious electoral shifts in Europe as well as in Latin America, and the revolt of suppressed masses in the Arab countries are signs that people, entire societies, are ready to leave the status quo and set out on new paths. The worldshift is now under way.


Choosing our future by consciously furthering and steering the burgeoning worldshift is the greatest opportunity ever to have been granted a generation in history. It is up to us to seize it -- and ensure the future of humankind on the planet.

The End Of Empire

"The End of Empire will fold naturally with an expanding view of energy technology far beyond the shallow definition of current day science. It is incredibly strange how even in the Club of Budapest, energy science does not go past harnessing the power of wind, sun, water, plants, geothermal, and tide, incapable of seeing nuclear energy utilization beyond the "caveman club, deadly radiation" method .

The Promise of Energy for Everyone A Power Point Introductory Presentation

http://www.relaxspa.net/TheRadiusOfCurvature12-28-10PPShow2003.pps
We have barely glimpsed the full scope of Energy Evolution and applications






The End Of Empire
Great human advances were made when we still valued life.

http://www.neweconomyworkinggroup.org/blog/end-empire
As part of the New Economy 2.0 series
By David Korten

In an earlier day our rulers were kings and emperors. Now they are corporate CEOs and hedge fund managers. Wall Street is Empire’s most recent stage. Its reign will mark the end of the tragic drama of a 5,000-year Era of Empire.


Imperial historians would have us believe civilization, history and human progress began with the consolidation of dominator power in the first great empires that emerged some 5,000 years ago. Much is made of their glorious accomplishments and heroic battles.

Rather less is said about the brutalization of the slaves who built the great monuments – the racism, suppression of women, conversion of free farmers into serfs or landless laborers, carnage from the battles, hopes and lives destroyed by wave after wave of invasion, pillage and gratuitous devastation of the vanquished, and lost creative potential.

Nor is there mention that most all the advances that make us truly human came before the Era of Empire, including the domestication of plants and animals, food storage and the arts of dance, pottery, basket making, textile weaving, leather crafting, metallurgy, architecture, town planning, boat building, highway construction and oral literature.

As the institutions of Empire took root, humans turned from a reverence for the generative power of life to a reverence for hierarchy and the power of the sword. The wisdom of the elder and priestess gave way to the arbitrary rule of often ruthless kings. Social pathology became the norm and society’s creative energy focused on perfecting the instruments of war and domination. Priority in the use of available resources went to military, prisons, palaces, temples and patronage.

Great civilizations were built and then swept away in successive waves of violence and destruction. War, trade and debt served as weapons of the few to expropriate the means of livelihood of the many and reduce them to slavery or serfdom. Whole empires were subjected to the delusional hubris and debaucheries of psychopathic rulers.

If much of this sounds familiar, it is because in the face of the democratic challenge, the dominator cultures and institutions of Empire simply morphed into new forms.

The ideals of the American Revolution heralded the possibilities of a new era of equality and popular democratic rule, but it was a more modest beginning than we have been taught to believe. Once the former colonies gained their freedom from British rule and declared themselves the United States of America, their new leaders put aside the pronouncement of the Declaration of Independence that all men are created equal and enjoy a natural right to life, liberty and the pursuit of happiness – and set about securing their own power.

The king was gone, but the Constitution they drafted with a promise to “secure the Blessings of Liberty” for “We the People of the United States,” effectively limited political participation to white male property owners and secured the return of escaped slaves to their designated owners. Colonial expansion followed soon after as the new nation expropriated by armed force all of the Native and Mexican lands between themselves and the distant Pacific Ocean.

Global expansion beyond U.S. territorial borders followed. The United States converted cooperative dictatorships into client states by giving their ruling classes a choice between aligning themselves with U.S. economic and political interests for a share in the booty or being eliminated by assassination, foreign-financed internal rebellion or military invasion. Following World War II, when the classic forms of colonial rule became unacceptable, international debt became a favored instrument for forcing poorer nations to open to foreign corporate ownership and control.

Most of the economic, social and environmental pathologies of our time – including sexism, racism, economic injustice, violence and environmental destruction – originate in the institutions of Empire. The resulting exploitation has reached the limits the social fabric and Earth’s natural systems will endure.

As powerful as Wall Street appears to be, it’s abuse of power has so eroded the economic, social and environmental foundations of its own existence that its fate is sealed. We the People have a choice. We can allow Wall Street to maintain its grip until it brings down the whole of human civilization in irrevocable social and environmental collapse. Or we can take control of our future and replace the Wall Street economy with the values and institutions of a New Economy comprised of locally owned businesses devoted to serving their communities by investing in the use of local resources to produce real goods and services responsive to local needs.

Either way, Wall Street’s days are numbered. Ours need not be.

About David Korten:   David Korten (livingeconomiesforum.org) is the author of Agenda for a New Economy, The Great Turning: From Empire to Earth Community and the international best seller When Corporations Rule the World. He is board chair of YES! Magazine, co-chair of the New Economy Working Group and a founding member of Business Alliance for Local Living Economies (BALLE).

The Obedience Command is ADAPT

Dumbing us Down  and Dr. Stanley Milgram's infamous experiment, "Study in Obedience, May we choose not to become agents in a terribly destructive process" are having far more impressive results of helpless inaction than originally predicted.   http://www.relaxspa.net/Revisiting_Power.htm

The Obedience Command is ADAPT - there is a lot more oil and price gouging still to be gained as more trapped energy explodes into MORE weather.
  
 "In a three-day period, there were more than 1,000 severe weather reports and nearly 250 tornadoes with the South being the hardest hit. Marysol Castro reports.

Tornadoes swipe Missouri, close St Louis airport







A common sense simplified comprehension of Reality, science and energy - for survival's sake - would receive at least 1% of the effort given to "footsybally".
The Promise of Energy for Everyone A Power Point Introductory Presentation
http://www.relaxspa.net/TheRadiusOfCurvature12-28-10PPShow2003.pps
We have barely glimpsed the full scope of Energy Evolution and applications


Greed is Not a Virtue

http://freedomtimes.blogspot.com/2011/04/awful-unsaid-truth-were-heading-back.html  - Redefining Factors of Terrorism:  the 'wanna be's", and the "real", that are destroying this nation and the world. It is high time to review Dumbing Us Down and why Dr. Stanley Milgram did his infamous experiment, "Study in Obedience, May we choose not to become agents in a terribly destructive process" http://www.relaxspa.net/Revisiting_Power.htm 

 The Promise of Energy for Everyone A Power Point Introductory Presentation
http://www.relaxspa.net/TheRadiusOfCurvature12-28-10PPShow2003.pps
We have barely glimpsed the full scope of Energy Evolution and applications






Greed is Not a Virtue


http://www.neweconomyworkinggroup.org/blog/greed-not-virtue  Submitted by David Korten on Mon, 04/04/2011 - 03:00

Exploring elements of Wall Street’s moral perversion.
As part of the New Economy 2.0 series

We humans are living out an epic morality play. For millennia humanity’s most celebrated spiritual teachers have taught society works best and we all enjoy our greatest joy and fulfillment when we share, cooperate and are honest in our dealings with one another.


For the past few decades this truth has been aggressively challenged by a faith called market fundamentalism – an immoral and counter-factual economic ideology that has assumed the status of a modern state religion. Its believers worship the God of money. Stock exchanges and global banks are their temples. They proclaim everyone does best when we each seek to maximize our individual financial gain without regard to the consequences for others.


In the eyes of a market fundamentalist, to sacrifice profit for some presumed social or environmental good is immoral. They have created a public culture that proclaims greed is a virtue and sharing is a sin.

Having established control of the institutions of the economy, media, education, government and even religion, market fundamentalists initiated a global social experiment to test their theory. The results are now in.

The prophets of the older faith traditions were right. Our common future depends on rediscovering their truth and redefining our public culture and governing institutions accordingly.

The following are some of the more visible elements of Wall Street’s global campaign of moral perversion:

■It uses control of media outlets, advertising and politicians to shape and spread a global culture of individualistic greed, material self-indulgence, ruthless competition and moral irresponsibility.


■Through the pursuit and celebration of financial gain at any cost, it provides role models for immoral behavior.


■It undermines democracy and the legitimacy of government by buying politicians to do its bidding.


■It uses student loan programs to get the best and brightest youth mired in debts hard repay.


■It buys up and monopolizes control of the world’s land and water resources in anticipation of extracting monopoly profits by charging what the market will bear as scarcity increases.


■It uses its financial power and creative accounting skills to manipulate markets and obscure market signals, as when helping governments hide their debt or helping corporate CEOs hide their insider bets against the future of their own companies.


■It buys deeply discounted debt obligations of hapless underwater homeowners and countries on the open market and then demands full value payment from governments or philanthropists who step in to lend a helping hand to the afflicted.


■It puts in place global rules requiring that if a government introduces regulations that prevent a foreign corporation from harming or killing people with its toxic products or discharges, the country’s government must compensate the corporation for the profits it estimates it will lose.


By capitalism’s perverse moral logic, if a person sells toxic assets by knowingly misrepresenting them as sound, the fault lies not with the misrepresentation of the seller, but rather with the lack of due diligence on the part of the overly trusting borrower. When the assets prove worthless and threaten both the solvency of both the seller and the borrower, the logic says the party responsible for the misrepresentation has a moral obligation to demand redress from the government, “Buy my toxic assets at face value and make me whole so that I return to my trade in toxic assets, or I will be forced to stop lending and crash the economy.”

Step back to take in the big picture and it turns out Wall Street market fundamentalists have proclaimed the seven deadly sins of pride, greed, envy, anger, lust, gluttony and sloth to be virtues. In turn they have proclaimed the seven life-serving virtues of humility, sharing, love, compassion, self-control, moderation and passion to be sins against the market.

There is a widespread sense that with Wall Street’s apparent recovery, the window of opportunity for serious structural change has passed. Such a judgment, however, is premature. Far from closing, the window of opportunity for serious change continues to widen as public awareness of Wall Street corruption grows and true and appropriate moral outrage builds.

Most psychologically health adults recognize in their heart of hearts the moral perversion of the old economy, but may fear to speak up because so many experts, including even some church pastors, continuously assure us in so many words that greed is good, even that God wants us to be financially rich and financial wealth is a mark of God’s favor.

If all who share a mature moral consciousness find the courage to speak the simple truth that greed is driving us to collective self-destruction and cooperation is essential to our common salvation, we can put the perversion behind us and secure the future of our children.

About David Korten
David Korten (livingeconomiesforum.org) is the author of Agenda for a New Economy, The Great Turning: From Empire to Earth Community and the international best seller When Corporations Rule the World. He is board chair of YES! Magazine, co-chair of the New Economy Working Group and a founding member of Business Alliance for Local Living Economies (BALLE).

Saturday, April 16, 2011

Our Expanding View Of Energy - the Non-linearity of Physical Law

The contemporary, tiny, flat world, scientific energy definition box has got to go if we as a civilization are to survive, evolve, and equate Modern Science with the Quality of Life for all.

Our Expanding View Of Energy - the Non-linearity of Physical Law



4/9/11 YouTube


• Hi, I’m Peter. We are going to continue the exploration of The Radius of Curvature of all Natural Law with this introductory power point presentation. The basis of the Radius of Curvature concept derives from an expanded version of Einstein’s E=MC2 equation, whose roots can be traced to Einstein’s 1928 incomplete but testable (and tested) portions of his unified field theory. http://www.relaxspa.net/TheRadiusOfCurvature12-28-10PPShow2003.pps

As my comment questioned on Space Daily news’s article of April 9th 2011 entitled The 'Molecular Octopus': A Little Brother of 'Schroedinger's Cat',

How could science be so close for so long (late 1940's) and still not comprehend superposition and the Wave particle duality?................ I referenced my 2001 article Expanding The Window to Reality II “Dice, Schrodinger's Cat, Insurance Statistics & Common Sense” a foundational awareness that comes with the application of the Radius of Curvature. http://www.relaxspa.net/Sustainable/Lifestyles%20Unlimited%20Spring%202001.pdf

The repercussions of continuing the stalemate in the idling standard model of physics, creating the “hidden variables’ referenced by David Bohm, or the foundational problems in the “Trouble with Physics by Leo Smolin cannot be overstated. When great advances are made in science, we must continually be on guard not to close the doors to future progress. It is dangerous indeed, when the proclamation comes down from “Newton’s Chair” that “almost everything is known, and what little is missing, would not make a difference in 50 million years.

That kind of belief can strangle a whole planet, as the state of the world today is beginning to attest.

The contemporary, tiny, flat world, scientific energy definition box has got to go if we as a civilization are to survive, evolve, and equate Modern Science with the Quality of Life for all.

The Awful, Unsaid Truth: We’re Heading Back Toward a Double Dip | Common Dreams

But isn’t the economy growing again – by an estimated 2.5 to 2.9 percent this year? Yes, but that’s even less than peanuts. The deeper the economic hole, the faster the growth needed to get back on track. By this point in the so-called recovery we’d expect growth of 4 to 6 percent.
Consider that back in 1934, when it was emerging from the deepest hole of the Great Depression, the economy grew 7.7 percent. The next year it grew over 8 percent. In 1936 it grew a whopping 14.1 percent.
Add two other ominous signs: Real hourly wages continue to fall, and housing prices continue to drop. Hourly wages are falling because with unemployment so high, most people have no bargaining power and will take whatever they can get. Housing is dropping because of the ever-larger number of homes people have walked away from because they can’t pay their mortgages. But because homes the biggest asset most Americans own, as home prices drop most Americans feel even poorer.

We must begin to differentiate between the 'wannna be" terrorists, and "real" terrorists that are destroying this nation and the world. Even an idiot can comprehend the simple math that when 2% own 98% of the world's wealth and resources and pay no taxes, the other 7 billion people, their cities, governments, schools, infrastructure are being economically strangled to death by the ever-tightening noose designed in the Corporate Business, Banking and Wall Street Model. Those left working are paid to Serve this Dragon eating its own tail, albeit with continuously lowering wage standards, benefits, rising retirement age, with increasing slavelike "productivity" and skyrocketing price gouging of consumer goods; while being TOLD to adapt to increasingly violent and deadly weather patterns caused by the 'no' global warming lies, all the while your Corporate Masters are flooded with daily, record breaking, obscene Profits.
SOP, standard operating procedure, what kind of Monster would take over a life saving drug segment, costing pennies to produce, with a previous monthly consumer cost of $30.00, and now charge $6,000.00 per month?
If you listen hard enough, you can hear screaming in the distance, from both Al Capone and Hitler, who ran out of their graves in horror, shock and shame for having accomplished so little in comparison: IN AN  AGE OF SCIENTIFIC MARVELS, THE LAST 50 YEARS CAUSING THE SLOW MURDER DEATH OF BILLIONS UPON BILLIONS OF PEOPLE THROUGH  STARVATION, POVERTY, DISEASE, LACK OF WATER, SANITATION, MEDICAL...................TOPPED OFF WITH A STRANGLEHOLD ON ENERGY EVOLUTION.
If you really believe science is so stupid as to remain stuck in oil, or play Tweedledee winks with wind, solar, and deadly nuclear waste ............ THEN LET ME SELL YOU SOME  SWAMPLAND, while you listen to the business news daily telling you the NEW AMERICAN DREAM is to be a renter subjugated to your landlord. 30 years ago, it was said, FREEDUMB is DEADLY.
It is high time to review why Dr. Stanley Milgram did his infamous experiment, "Study in Obedience, May we choose not to become agents in a terribly destructive processhttp://www.relaxspa.net/Revisiting_Power.htm 

The Awful, Unsaid Truth: We’re Heading Back Toward a Double Dip - Common Dreams
The Awful, Unsaid Truth: We’re Heading Back Toward a Double Dip | Common Dreams
 
Published on Thursday, March 31, 2011 by RobertReich.org
The Truth About the Economy that Nobody In Washington Or On Wall Street Will Admit by Robert Reich

Why aren’t Americans being told the truth about the economy? We’re heading in the direction of a double dip – but you’d never know it if you listened to the upbeat messages coming out of Wall Street and Washington.

Consumers are 70 percent of the American economy, and consumer confidence is plummeting. It’s weaker today on average than at the lowest point of the Great Recession.

The Reuters/University of Michigan survey shows a 10 point decline in March – the tenth largest drop on record. Part of that drop is attributable to rising fuel and food prices. A separate Conference Board’s index of consumer confidence, just released, shows consumer confidence at a five-month low — and a large part is due to expectations of fewer jobs and lower wages in the months ahead.

Pessimistic consumers buy less. And fewer sales spells economic trouble ahead.

What about the 192,000 jobs added in February? (We’ll know more Friday about how many jobs were added in March.) It’s peanuts compared to what’s needed. Remember, 125,000 new jobs are necessary just to keep up with a growing number of Americans eligible for employment. And the nation has lost so many jobs over the last three years that even at a rate of 200,000 a month we wouldn’t get back to 6 percent unemployment until 2016.

But isn’t the economy growing again – by an estimated 2.5 to 2.9 percent this year? Yes, but that’s even less than peanuts. The deeper the economic hole, the faster the growth needed to get back on track. By this point in the so-called recovery we’d expect growth of 4 to 6 percent.

Consider that back in 1934, when it was emerging from the deepest hole of the Great Depression, the economy grew 7.7 percent. The next year it grew over 8 percent. In 1936 it grew a whopping 14.1 percent.

Add two other ominous signs: Real hourly wages continue to fall, and housing prices continue to drop. Hourly wages are falling because with unemployment so high, most people have no bargaining power and will take whatever they can get. Housing is dropping because of the ever-larger number of homes people have walked away from because they can’t pay their mortgages. But because homes the biggest asset most Americans own, as home prices drop most Americans feel even poorer.

There’s no possibility government will make up for the coming shortfall in consumer spending. To the contrary, government is worsening the situation. State and local governments are slashing their budgets by roughly $110 billion this year. The federal stimulus is ending, and the federal government will end up cutting some $30 billion from this year’s budget.

In other words: Watch out. We may avoid a double dip but the economy is slowing ominously, and the booster rockets are disappearing.

So why aren’t we getting the truth about the economy? For one thing, Wall Street is buoyant – and most financial news you hear comes from the Street. Wall Street profits soared to $426.5 billion last quarter, according to the Commerce Department. (That gain more than offset a drop in the profits of non-financial domestic companies.) Anyone who believes the Dodd-Frank financial reform bill put a stop to the Street’s creativity hasn’t been watching.

To the extent non-financial companies are doing well, they’re making most of their money abroad. Since 1992, for example, G.E.’s offshore profits have risen $92 billion, from $15 billion (which is one reason it pays no U.S. taxes). In fact, the only group that’s optimistic about the future are CEOs of big American companies. The Business Roundtable’s economic outlook index, which surveys 142 CEOs, is now at its highest point since it began in 2002.

Washington, meanwhile, doesn’t want to sound the economic alarm. The White House and most Democrats want Americans to believe the economy is on an upswing.

Republicans, for their part, worry that if they tell it like it is Americans will want government to do more rather than less. They’d rather not talk about jobs and wages, and put the focus instead on deficit reduction (or spread the lie that by reducing the deficit we’ll get more jobs and higher wages).

I’m sorry to have to deliver the bad news, but it’s better you know.

© 2011 Robert Reich


Robert Reich is Professor of Public Policy at the University of California at Berkeley. He has served in three national administrations, most recently as secretary of labor under President Bill Clinton. He has written twelve books, including The Work of Nations, Locked in the Cabinet, and his most recent book, Supercapitalism. His "Marketplace" commentaries can be found on publicradio.com and iTunes.