Following his service in the Marine Corps Ed Mattson built a diverse career in business in both sales/marketing and management. He is a medical research specialist and published author. His latest book is Down on Main Street: Searching for American Exceptionalism

Ed is currently Development Director of the National Guard Bureau of International Affairs-State Partnership Program, Fundraising Coordinator for the Warrior2Citizen Project, and Managing Partner of Center-Point Consultants in North Carolina.

Mr. Mattson is a noted speaker and has addressed more than 3000 audiences in 42 states and 5 foreign countries. He has been awarded the Order of the Sword by American Cancer Society, is a Rotarian Paul Harris Fellow and appeared on more than 15 radio and television talk-shows.


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Part 3 America – The U.S. Constitution comes to the rescue

As the country draws closer to the fiscal cliff, those inside the Beltway are deaf and blind to the damage their spending is doing to the country and to the next generation who will follow us. We must stop them in their tracks before the country goes beyond the point-of- no-return. In about five years the INTEREST ALONE on the national debt will consume the entire amount of individual income taxes collected every year!

In Parts 1 and 2 of this series I pointed out that the United States is in trouble. We have a run-a-way government no longer responsible to the people of the country. We witness our elected officials racking up debt with politically motivated handouts to bribe the citizens who continue voting for more of the same We see waste, fraud, and abuse in every department, agency, and program of government; and corporate welfare expenditures conservatively estimated by Reclaim Democracy, a non-profit government watchdog, at more than $150 billion annually.

Can we the people expect the government, which created the mess in Washington, to all of a sudden say, “wait an minute here. . .we need to fix all these problems so the country doesn’t go over the financial cliff”? Well, if you believe in the Tooth Fairy, I’m sure you will believe that those elected saints up in DC are going to jump right on it! That being the case, you probably even have confidence that they have the situation well under control and in no time, the country will be out of the woods. It then wouldn’t be a stretch of the imagination that you also believe the President, enabled by the whipped-puppy Congress, can do no wrong. If this is the case, the rest of the discussion here today, will possibly go right over your head.

But for those of us who live in the real world, we haven’t forgotten the words of our dubious leader, “if you like you healthcare insurance, you can keep it. . . if you like your doctor, you can keep him. . .oh yes, and those problems with the Veterans Hospitals. . . they will have my highest priority!” And about those landslide elections we had in 2014, where we sent a whole herd of new legislators into the den of temptation (I think referring to Washington as the “den of temptation” is appropriate; à la, “lead us not into temptation” – the Lord’s Prayer). . . I think that while our effort was noble, they will have little effect on the entrenched status quo of the career politicians’ good ol’ boys club.

To the Doubting Thomases amongst us, who just don’t get the picture, the numbers don’t lie: Obama and Debt

As of Sept. 30, 2013, the federal government’s total debt stood at $16.74 trillion (it’s $18.143 trillion this morning and growing), and with current interest rate at around 2.4%, it costs the U.S. taxpayers about $400 billion in interest payments. Now be reminded, the U.S. government is paying historically low rates on its debt with the FED printing money at breakneck speed, keeping rates artificially low. If the rates were at a more traditional level of say 5.7-6% (and surely that date will inevitably come), we can easily see that annual interest on the debt could be well over $1 trillion; nearly 1/2 of all personal income taxes collected.

Using 2013 federal spending figures of $3.5 trillion, this would have left only $2.5 trillion to fund the rest of the government. With the interest at 2.4% we only went in the hole $642 billion in 2013. But not to worry say the politicians, they are watching it. . .right. Federal spending is expected to grow to nearly $6 trillion by 2023, and in all probability, interest rates will be at least 6-7%, meaning all personal income taxes collected and more, will go to just paying the interest on the debt! Folks, these guys are not in denial; They are NUTS! Spending all personal income tax revenue just to pay the interest of the debt, will leave no money to run the government!

This is why our children will have no future at the rate government is running us into the ground.

So what are we concerned citizens supposed to do? In Part 1 of this series I pointed to the three choices that one would see as a way out: Voting in new elected officials, armed insurrection, or simply accept our fate and go over the falls to oblivion as other great nations have done in the past.

The first opportunity to halt the budget calamity by the new Congress was a vote for more of the same. And now we see headed our way, business as usual with Congress seemingly giving up the ghost on Obamacare, even though a wide majority of Americans oppose it – even more Americans today are uninsured than when the bill was passed. Additionally, we see the inability to secure our energy independence with Obama vetoing the Keystone Pipeline bill; and we see an acceptance of presidential overreach on the immigration amnesty issue by a hapless Congress, which doesn’t have the cajones to stand-up for the 73% of the American public who strongly reject the President’s action.

From sources quoted by The Daily Caller, “the federal government will spend $484 million, if not more, and expand the federal workforce by 3,100 in order to implement Obama’s new executive amnesty plans”. But that doesn’t even touch the tip of the iceberg. Heritage Foundation’s Robert Rector estimates that “the government will expend $2 trillion over the next five decades in additional benefits and increased government expenditures devoted to DACA (Deferred Action for Childhood Arrivals ) and DAPA (Deferred Action for Parental Accountability) recipients”. And let’s not forget that nearly every family included in this wild-eyed, insane immigration/amnesty program, will qualify for the LITC (Low Income Tax Credit) from Uncle Sam when income tax season rolls around, stealing billions of dollars more from We the People. . .and we haven’t even calculated the costs to the states with this tax-give-away program.

We the taxpayers are, in essence, paying people to come to this country illegally. . .are we really this stupid?

Armed insurrection would look to be our only remedy had not our Founding Fathers foreseen the future. While those in power don’t seem dissuaded by the limited power of government clearly spelled out in the U.S. Constitution, and since Obama himself, and the Supreme Court have a very low option in this fabulous document, along with the constraints that were clearly intended to minimize government’s role in our lives, it is imperative We the People fall back on an Article Five of the States to take back our government.

What the heck is an Article Five Convention of States? Article Five of the U.S. Constitution states:

The Congress, whenever two thirds of both houses shall deem it necessary, shall propose amendments to this Constitution, or, on the application of the legislatures of two thirds of the several states, shall call a convention for proposing amendments, which, in either case, shall be valid to all intents and purposes, as part of this Constitution, when ratified by the legislatures of three fourths of the several states, or by conventions in three fourths thereof, as the one or the other mode of ratification may be proposed by the Congress; provided that no amendment which may be made prior to the year one thousand eight hundred and eight shall in any manner affect the first and fourth clauses in the ninth section of the first article; and that no state, without its consent, shall be deprived of its equal suffrage in the Senate.

All 27 amendments to the U.S. Constitution have been adopted through actions of congress. There has been no effort in history whereby the country was in such peril that the people felt it was necessary to utilize this one safety valve the Founders felt necessary to put in the constitution when government would get to the point that, to save our democratic republic, we would need an alternative solution to wrest control from our elected officials. In short, it is a way that we the people can constitutionally put our house in order, without resorting to armed confrontation.

The “Yeah, but” arguments from the those willing to stay the course or believe in the Tooth Fairy that things will work out, are looking at the constitutional crisis the country is facing, through rose colored glasses. We have lost half the voters who no longer exercise the most valuable right we have in maintaining our democratic process which is the right to vote. They eagerly volunteer, “What difference does it make; both political parties are the same”; and any such attempt for The People to amend the Constitution, will surely end up in a “runaway convention”. They speak as if only the politicians in Washington have enough smarts to put together amendments to fix the problems we are facing.

Are you kidding me? It is the Washington politicians that have gotten the country into the mess it is in. The voters have sent one politician after another toObama-IRS threat Washington, to fix what is wrong in the way the government conducts its business, to place restraints on the seemingly unending and growing power of unelected bureaucratic agencies like the EPA, IRS, NSA, and the Department of Education, and to unshackle the restraints placed on small business with countless rules, regulations, fees, and taxes. The results of government ineptness have been fifty years of business as usual with a handful of piss-ant bureaucrats running the country without, oversight and often without judicial review.

From Annapolis to Philadelphia history was made.

Prior to the 1787 Constitutional Convention being called, the newly formed United States, which was organized and governed under the Articles of Confederation (established in 1781),  was called upon to resolve trade-related disputes between the states. James Madison prompted the legislature of Virginia to call for a meeting of the states to discuss those very trade problems, because the problem needed to be arbitrated on the federal level.  The meeting became known as the Annapolis Convention, however when it was determined there was no such arbitration power granted to the federal government under the Articles of Confederation, the Commissioners president at Annapolis called for a convention of states on September 14, 1786, to “render the constitution of the Federal Government adequate to the exigencies of the union”. It was one of those oops moments in American history.

So, the United States was founded on the very principal of “a convention of states”. The convention was set for May 14, 1787. The delegates began assembling in Philadelphia, but because they were unable to achieve a reach quorum (A quorum is the number of states that must be present to transact any business) the convention or “congress” didn’t officially begin until May 25, when a total of nine states of Massachusetts, New York, New Jersey, Pennsylvania, Delaware, Virginia, North Carolina, South Carolina and Georgia arrived. It should be noted, to get the full understanding of the convention, the states had declared themselves to be sovereign, independent governments about a decade earlier when the Articles of Confederation was written, and granted these independent governments the authority to hold such a convention.

From history.com and from Federalist Paper #40, we learn that. . .”between Madison’s initial call for the states to send delegates to Annapolis and the presentation of Madison’s Virginia plan for a new government to the convention in Philadelphia, a fundamental shift in the aims of the convention process had taken place. No longer were the delegates gathered with the aim of tweaking trade agreements. A significant number of the men present were now determined to overhaul the new American government as a whole, without a single ballot being cast by the voting public”.

“Resolved, That in the opinion of Congress it is expedient, that on the second Monday of May next a convention of delegates, who shall have been appointed by the several States, be held at Philadelphia, for the sole and express purpose OF REVISING THE ARTICLES OF CONFEDERATION, and reporting to Congress and the several legislatures such ALTERATIONS AND PROVISIONS THEREIN, as shall, when agreed to in Congress, and confirmed by the States, render the federal Constitution ADEQUATE TO THE EXIGENCIES OF GOVERNMENT AND THE PRESERVATION OF THE UNION.

”. . . it appears, 1st, that the object of the convention was to establish, in these States, A FIRM NATIONAL GOVERNMENT; 2d, that this government was to be such as would be ADEQUATE TO THE EXIGENCIES OF GOVERNMENT and THE PRESERVATION OF THE UNION; 3d, that these purposes were to be effected by ALTERATIONS AND PROVISIONS IN THE ARTICLES OF CONFEDERATION, as it is expressed in the act of Congress, or by SUCH FURTHER PROVISIONS AS SHOULD APPEAR NECESSARY, as it stands in the recommendatory act from Annapolis; 4th, that the alterations and provisions were to be reported to Congress, and to the States, in order to be agreed to by the former and confirmed by the latter. From a comparison and fair construction of these several modes of expression, is to be deduced the authority under which the convention acted. They were to frame a NATIONAL GOVERNMENT. . .”

From this point forward, this first congress of representatives embarked on the journey to develop a constitution of substance and brings us up to the task at hand to correct the problems in Washington. Part 4 in this series will examine what lies ahead with a Convention of States and what it means to the country.

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Posted by on March 9, 2015, With 4459 Reads Filed under Civil Liberties & Freedom, Corruption, Government & Politics. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

17 Responses to "Part 3 America – The U.S. Constitution comes to the rescue"

  1. Sic Semper Tyrannis  March 10, 2015 at 9:06 pm

    It does not matter what particular Amendment a State cites for their petition. The Congress is not allowed to make ANY subjective decisions regarding an Article V Convention of State delegates such as what Amendments will be debated or specifying the Convention can only be called if 2/3rds of the Legislatures petition for the exact same Amendment, etc. All that is required is that 2/3rds of the State Legislatures make the petition for an Article V Convention. Legal scholars will tell you otherwise, but there is no indication that the US Congress has any right to make any subjective judgments for when to call the Article V Convention…

    Article V:
    “The Congress, whenever two thirds of both houses shall deem it necessary, shall propose amendments to this Constitution, or, on the application of the legislatures of two thirds of the several states, shall call a convention for proposing amendments, which, in either case, shall be valid to all intents and purposes, as part of this Constitution, when ratified by the legislatures of three fourths of the several states, or by conventions in three fourths thereof, as the one or the other mode of ratification may be proposed by the Congress; provided that no amendment which may be made prior to the year one thousand eight hundred and eight shall in any manner affect the first and fourth clauses in the ninth section of the first article; and that no state, without its consent, shall be deprived of its equal suffrage in the Senate.”

    • Sic Semper Tyrannis  March 11, 2015 at 8:11 am

      I wish I could share your optimism, Ed, but I do not see this Article V Convention ever coming about if it hasn’t come about already. IMHO, I personally believe the last straw has already been played. At this juncture, it is time for Secession, but I would go about it a little differently this time. They need a grand publicity stunt. This time, I would recommend State Attorneys General get together with a class-action lawsuit against the federal government for violation of the “Contract with the Several States” known as the US Constitution when the federal government decided unconstitutionally in 1871 to declare itself a “Corporation” no longer beholden to the “Contract with the Several States” known as the US Constitution. Such behavior by the federal government constitutes an egregious breach of contract, which explains all of its unconstitutional behavior for well over a century now. The States’ Attorneys General should declare (A MODERN-DAY DECLARATION OF INDEPENDENCE) in the lawsuit itself all of the violations of the US Constitution and usurpations of the Bill of Rights and Sovereignty of the States that the Incorporation of the US Federal Government in 1871 has brought about for over a century now, and that these violations justify breach of contract which is, ipso facto, Secession. This breach of contract justifies Secession from the federal government by the States, and this is precisely what they should be suing for in the SCOTUS.

  2. Sic Semper Tyrannis  March 10, 2015 at 9:02 pm

    Take a look at 750 petitions by the State Legislatures since the founding of the US Constitution in this link. A lawyer and a judge had to sift through countless Congressional Record Volumes to find this information and compile it for the American People BECAUSE THE CONGRESS OF THE UNITED STATES ISN’T EVEN KEEPING A TALLY OF THE NUMBER OF STATE LEGISLATURES MAKING A PETITION FOR AN ARTICLE V CONVENTION, NOR DOES IT CARE TO…

    http://foa5c.org/file.php/1/Articles/AmendmentsTables.htm

    Here are some of their startling conclusions…

    “There have been:

    •704 Article V applications from ALL 50 states between years 1789 and 2008 (rescissions excluded).

    •129 Article V applications were submitted by 34 different states between 1977 and 1980 (inclusive; rescissions excluded).

    •158 Article V applications were submitted by 36 different states between 1975 and 1980 (inclusive; rescissions excluded).

    •167 Article V applications were submitted by 36 different States in 7 years from 1963 to 1969 (rescissions excluded).

    •122 Article V applications were submitted by 38 different States in 7 years from 1965 to 1971 (rescissions excluded).

    •171 Balanced Budget/General-Call-for-an-Article-V-Convention applications were submitted by 39 different states (rescissions excluded).”

  3. Sic Semper Tyrannis  March 10, 2015 at 8:28 pm

    Here’s snapshot proof from as far back as 1929, when the State of Wisconsin petitioned the US Senate for an Article V Convention. This petition, taken directly from the Congressional Record of the US Senate in 1929, actually lists every State Legislature that has already approved an Article V for this particular reason and cites that the 2/3rds requirement has now been met. WHAT DID THE US SENATE DO ABOUT IT??? ABSOLUTELY NOTHING!!! This has happened not just this one time, but MANY TIMES SINCE!!! They do not give a damn about the US Constitution except when they can use it for their own political agendas and those political agendas have never been AND NEVER WILL BE about relinquishing their power to the States, even if Article V of the US Constitution MANDATES IT…

    http://foa5c.org/file.php/1/Amendments/071_cg_r_03369_1929_HL.JPG

  4. PallMall  March 10, 2015 at 1:14 pm

    PART 1

    Ed,

    Ed,

    “The largest single owner of U.S. debt is Social Security.”

    That’s not correct, Ed. The US Treasury ‘funds’ Social Security with what it calls “special treasury securities” that it only ‘prints up’ for Social Security.

    These are special treasury securities that cannot be used for any other purpose. They cannot be sold at auction. They have no financial value other than as placekeepers for what the actuarial tables show the US will be paying in Social Security payments, say, 80 years out. They are an accounting artifact, from the necessity of using double-entry accounting. Check out their website. It’s there in black and white.

    Now, the US Treasury ‘used to’ use the same public treasury securities it sells to non-federal government entities at auction. No more.

  5. Sic Semper Tyrannis  March 10, 2015 at 11:39 am

    America’s future from 2008-2028 according to the prophet Terry Bennett, which was communicated to him in December of 2001 by none other than the Archangel Gabriel…

    http://z3news.com/w/you-will-see-666/

    He saw the US petrodollar lose its world currency reserve status, a new US currency take its place, the stock market plummet to below 500, and unemployment hitting 32%. He saw civil conflict and civil war. The angel Gabriel said that when the government checks stop coming, they will revolt. Terry saw the States nullifying everything coming out of the District of Criminals. The States no longer respected the federal government whatsoever. It got so bad that State Militias were arresting federal officials if they dared to return to their homes in their home States. Finally, the US military does what it should have been doing all along and has a military coup d’état, taking back the federal government from the US Mafia. The D-n-R gang after this will be completely over. It will lead to the rise of 3rd Parties. This is followed by a Russian and Chinese invasion of the American homeland. This is likely our future.

  6. Sic Semper Tyrannis  March 10, 2015 at 11:22 am

    Ed, I know you mean well – God bless you, but there have already been many occasions where the requisite 2/3rds of the State Legislatures have petitioned Congress for an Article V Convention throughout the history of this nation, but the US Congress is so arrogant and defiant of the US Constitution and especially any Articles in that Constitution that dare to put a check on their power that the US Congress doesn’t even keep a running tally on the number of petitions they have received from the State Legislatures. These petitions are merely placed “In Memoriam” in the Congressional Record for each Congress, never to be seen again. If you don’t believe me, do as I have done and please investigate this thorough research that was conducted by several lawyers, one of whom I believe was even a judge, at this website…

    foavc.org

    Any Article V Convention can only come about if the States defiantly act on their own and go ahead and convene one themselves because the US Congress has demonstrated time and time again that it doesn’t even care to count up the States’ petitions. We all know with the D-n-R political divide that’s not going to happen anytime soon. The masses have been successfully propagandized to believe Secession isn’t an option. All the States ever do is nullification. That leaves us with our inevitable fate: economic collapse and a military coup d’état.

  7. Preston James, Ph.D  March 10, 2015 at 9:18 am

    An excellent article. There is no real National Debt. The Federal Reserve System is not a Bank or a Reserve either. Nor is it legal or Constitutional. IT is a counterfeiter, the World’s largest and creates as much money as debt as it wants. It is illegal to charge us interest for using what should be our own money. This is nuts and must be stopped asap.

    These scum must be indicted for Counterfeiting, RICO, Fraud, Treason and Sedition. The private Federal Reserve System must be immediately Nationalized and brought into the US Dept of the treasury and all assets seized (clawed back) including personal and family assets all the way back to 1913. Remember there is no statute of limitation with Fraud. We need real Constitutional money backed by Gold, Silver, commodities and real assets and should follow the path of President Andrew Jackson who routed these scum out. It is time for American taxpayers to stop being CHUMPS and get rid of the illegal, Unconstitutional Federal Income tax and the private IRS too.

    The IRS is a RICO criminal enterprise incorporated in Puerto Rico. There is no deficit, it is all a big lie and a fraud and all it really is nothing but a big elastic counterfeiting Ponzi scheme that debases our money so all our assets can be transferred to the Banksters without most dumbed-down mind-kontrolled citizens knowing the difference.

    • PallMall  March 10, 2015 at 1:12 pm

      Preston James,

      The National Debt is also known as “Debt Held by the Public.” That means Money/Equity held by the Public.

      “Debt” at the federal government level means “money.” It is the record of the interest-free money created by the US federal government that no one has to pay back, minus the “money” destroyed when we pay taxes.

      “Debt” at the non-federal government level (state and local govts, businesses, banks, households, foreign govts and banks) is REAL DEBT. It demands collateral, requires a repayment schedule, and generates interest.

      The National Debt–to the penny–is the record of all US currency created by the US FEDERAL government since 1791 minus the amount of money destroyed. the $18 trillion is in the bank accounts of pension funds, university trusts, corporations and small businesses, households, and foreign government & foreign investor accounts (held in their US corresponding bank/Federal Reserve accounts, by law).

  8. PallMall  March 9, 2015 at 6:45 pm

    Ed, it’s not taking my response and din-din is calling (someone else is paying for the drinks). I’ll write you back later tonight.

  9. PallMall  March 9, 2015 at 6:29 pm

    The “interest on the debt” is actually the interest owed on all outstanding treasury securities issued. Once a year, in late August, the Federal Reserve reports to the US Treasury what the interest owed will be for the coming year. The US Treasury issues new treasury securities in that amount to “pay” for it. Taxpayers money has NOTHING to do with this, and anyone who tells you this is an idiot.

    In other words, the US Treasury “prints up” new money–or new financial assets: treasury securities–to pay for the interest. They, too, are sold at auction to the highest bidder. Treasury securities, of course, wind up being used by pension funds, university trusts, businesses, rich people, small businesses, households, banks, foreign govts, and foreign banks as a saving mechanism when the amount in their commercial bank accounts exceeds the insurance limit of $250,000 guaranteed by FDIC. (What hurt so many people in 2008 when their bank failed.) That’s why treasury securities (bills, notes, and bonds) are considered the safest financial asset in the world. They are backed by the full faith and credit of the US federal government.

    There is NO DEBT OWED TO CHILDREN OR GRANDCHILDREN. None. No treasury security creates a debt to children and grandchildren. Neither does the interest owed on those treasury securities.
    ———————————
    Treasury bill matures in one year or less.
    Treasury note matures from 2-10 years.
    Treasury bond matures from 10-30 years.

  10. Wanderer  March 9, 2015 at 1:01 pm

    The Keystone Pipeline was never going to gain us energy independance. That part was and is pure fantasy. Furthermore, the writing is on the wall for Big Oil. We don’t need it and never did. Leave the blood of the Mother in the earth, where it belongs.

    • Wanderer  March 9, 2015 at 2:44 pm

      Free energy has been supressed for decades. No I’m not talking about solar or wind. You don’t need me to hold your hand. the information is out there. go find it for yourself. The elites already have it and use it. Russian scientists have supposedly already proved oil is a naturally occuring mineral that the earth makes because, well, she needs it. Keep watching. The idea that it comes from bones is ridiculous. Just another lie we’ve been force fed. Oil will be slowly phased out over the next couple decades… and hopefully sooner. Big oil needs to go die.

    • PallMall  March 9, 2015 at 3:34 pm

      “The blood of the Mother in the earth, where it belongs.”

      It doesn’t stay in the ground. The Alberta Oil Sands are Mother Nature’s biggest oil spill. It oozes out of the ground. If you run a canoe upriver from Fort McMurray and pull over to a bank and turn your canoe over, the bottom is coated with oil. It’s in the rivers, the soil, the sand, has been since the Rockies were formed by tectonic plates moving. All they are doing up there is steaming it and extracting it. Bitching about it is like complaining about cleaning up the Florida coasts after the BP spill.

      If you think it’s polluting the air, go to Environment Canada and download the widgets they have for the outdoor “Air Quality Health Index.” Then set up four of them: Fort McMurray, Toronto, Windsor, and Montreal. Put them on your dashboard and watch them daily. I have for four years. Toronto, Windsor, and Montreal are consistently twice as polluted as Fort McMurray, day in and day out. I prefer hard data, that’s why I downloaded them. I wanted to see for myself.

    • Wanderer  March 9, 2015 at 4:41 pm

      You guys don’t get it. The old ways are not going to be allowed to continue. It’s all over but the crying. We are not going to be allowed to keep destroying the earth for own greedy, selfish benefit. You can laugh at me all you want, but I’m telling you there are forces in play right now and we are not going to be allowed to keep living outside the circle of life.

    • PallMall  March 9, 2015 at 5:25 pm

      Wanderer,

      “We are not going to be allowed to keep destroying the earth for own greedy, selfish benefit.”

      We are the worst offenders. Oil isn’t the problem. Waste management is. Where is the ongoing science in materials research to eliminate waste in the home, the largest purveyor of waste going.

      Do you understand the catastrophic damage that rare earths made for turbines has created in China, destroying lives and landscape? Are you even aware of it? The radioactive dust that does make it to the Western US whenever Mongolia creates one of their decadal sandstorms. Or the entire small country in West Africa where all our computers and gadgets go to fester, and create extraordinary pollution, not to mention illness? NIMBY is fine here as long as we’re not inconvenienced and think our protestations about saving earth are enough. Just try being practical. Three billion people want what we have here; you think you can deprive them?

      Just try taking smart phones and tablets away from 96 million US Millennials. You think that’s going happen? Who is going to handle the waste when the new models come out? You need to think logistically.

    • PallMall  March 9, 2015 at 6:51 pm

      Ed,

      Re: “Spoken like a true believer of Marx.” (I know you were writing to Wanderer.)

      Actually. Marx was the world’s best explainer of capitalism. He defined it. Every economist, no matter what his stripe, will tell you that if you want to understand capitalism, you read Marx. He was brilliant at it. Then he veered off adopting it.

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