'Buy more cars' is the wrong answer

Politicians and business moguls [one and the same in my view] are telling us to go out and buy more cars, and they are advocating more debt for people to get into for that purpose, all so as to "get the economy moving." Well, it might move the economy, but it will prevent the motorists who go into debt to buy the cars from moving on roads that are already jammed to capacity. A better idea is to use the money for new mass transit systems that are flexible, but not for more trains or subways that can only operate on a fixed route. The technology exists for revolutionary mass transit systems that provide a variety of routes, and advocates for use of that technology arose way back in the 1960's. But politicians and business moguls, stuck in outmoded thinking and motivated by money ueber alles, cannot be moved - like the millions of more cars they want to put on the roads. If humanity survives, which I doubt, future human beings may wonder how human beings so advanced in technology could be so backward in their thinking.

The unemployment figures are bogus

When you read Mass Miscommunications Media stories containing unemployment statistics, you should immediately triple the figures at the least. If they tell you that the unemployment rate is six percent, make it at least 18 percent. An un-American periodical exposed the fraud entailed in U.S. Government statistics around 50 years ago. The author of the article in the un-American periodical explained that the reasons for the statistics being much lower than the reality of the situation include the omission of millions of Americans who have stopped looking for work because the search is futile. They are not included in the statistics. The name of the un-American periodical? The Reader's Digest.

Nationalize the banks

As part of the so-called "bailout," the first step has been taken toward nationalizing the banks, a proposal I introduced 48 years ago in The Californian. More than $200 billion of the taxpayers' money has been invested as shares in big banks. The heads of those banks have stated for publication and in tv interviews that the U.S. Government's investment is temporary and will be returned once the financial situation is stabilized, so that the banking industry once again will be privatized. If only the Mass Miscommunications Media (MMM) would educate the public in a simple principle, that the money deposited in banks belongs to the people who put it there and not to the banks, maybe an understanding would take hold leading to the notion that the citizens of the U.S. should collectively own the banks. That would free the banks from the present triple tiering of profits on shares that play a huge part in the present financial mess. Nationalized, the banks could offer loans of all kinds at very low interest rates, maybe as low as one or two percent, since the banks would be non-profit institutions. Also, Americans collectively would be free from control of their banks by foreign interests. The anti-socialism bugaboo that plagues the nation would be vaporized as awareness kicked in that there could hardly be any greater boon to American free enterprise than availability of loans at low interest rates.