Social programs. Money laundered through the Great Unwashed

America needs poverty. Poverty eradication proposals are head fakes. America, especially the America that was created right after the Civil War, would not be where it is today without poor people.

Since the industrial revolution, and definitely as America entered the information age in the 1960s, the products designed and built by highly educated, highly paid labor had to be consumed by a large mass of “dependents.” These people are typically wage earners who do not have the capability to be self-sufficient and hold little to no capital. The greater the mass of consumers, the larger the network used to deliver goods. The larger the network to deliver goods means the higher educated, higher paid laborer and entrepreneur faced lower costs for delivering goods.

Emancipation, reconstruction, and the Jim Crow era coincided with the growth of consumerism. The American political economy, not knowing what to do with freed slaves was willing, in lieu of distributing productive capital to them, to turn them into a mass of consumers, with a willing cadre of banks and bond holders willing to launder money through “social welfare” programs.

The food stamp program? An opportunity for bond holders to launder money by financing a program whose clearinghouses are administered by banks.

Affordable housing programs? An opportunity for bond holders to finance the construction of low cost homes with principal and interest guaranteed by taxpayers, many of whom are not in the upper ten percent.

Medicaid and Medicare? Again, bond holders are offered a guarantee that taxpayers will provide a backstop for premium payments while insurance companies collect fees for administering them i.e. WellStar and Medicaid in Georgia.

There is a reason why the poor are referred to as the Great Unwashed. It is because dirty money is laundered through their misery.

#BlackHistoryMonth: Shit Jesse Jackson, Roland Martin, or Tom Joyner won’t tell you for the next 28 days

In 1619, Africans were brought here as capital inputs for an agricultural industry in a British colony. Over the next 400 years the status of that human capital would be transformed through a civil war fought to transition a country into a nation-state; an economic reconstruction period where said agricultural society would become an industrial society; a civil rights period where the industrial society would begin its transition into an information society.

During this period, descendants of African slaves brought to America would inherit and practice the politics of appeasement and inclusiveness hoping that a narrative of diversity would serve as a preamble for full incorporation into a society that never valued them for anything more than physical labor and entertainment.

As we approach the 400th anniversary of their enslavement in what is now known as the United States, descendants of African slaves brought to America have to ask themselves how and why their narrative of appeasement, inclusiveness, diversity, and social justice was co-opted by every other ethnic or sub-culture group and how these groups have been able to leap ahead of blacks in terms of employment and capital ownership.
America and the globe is entering the Fourth Industrial Revolution. When will blacks, those descendants of African slaves brought to America, begin their first real revolution?

Government defined by distraction

The past 85 years have created an illusion as to what American government is. In the 1930s, government became a fuel injector for the American economy where the Executive branch pumped money into public works programs designed to employ idle labor. New regulatory regimes were created to regulate away the excesses of speculation and manage the extraction and use of natural resources.

By the 1960s, government took on the additional role of social justice guarantor, crafting and delivering legislation designed in part to further incorporate black Americans into national society and to provide other social services including healthcare to children and the elderly.

Through its military and science branches, government continued its research, development, and investment into computer networks and outer space. It was out of these activities that the internet was spawned allowing my five faithful followers to read this blog.

It is no wonder that Barack Obama said in 2012 with some authority the following:

“If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you’ve got a business — you didn’t build that. Somebody else made that happen. The Internet didn’t get invented on its own. Government research created the Internet so that all the companies could make money off the Internet.”

The reality is that government as a noble entity is a myth; that the past eight plus decades have been a distraction from what we should only expect from government; that it is an entity that expands its control over jurisdictions anywhere in the world for the benefit of its financiers. What we should expect from government should be more in line with Donald Trump’s views on Iraqi oil:

“If we kept the oil, you probably wouldn’t have ISIS because that’s where they made their money in the first place, so we should have kept the oil, but, OK, maybe we’ll have another chance.”

While many were taken aback at the bluntness of Mr Trump’s statement, the President honed in on the primary expectation we should have of government, an entity that acquires and manages resources.

Americans have an issue with ugliness being exposed. They are weary of the guilt-fest they have endured over the past sixty years in particular, from scenes of police dogs attacking black Americans in Birmingham, Alabama to American military personnel being accused of murdering civilians in Iraq. But in the words of Mr Trump, “There are a lot of killers. We have a lot of killers. Well, you think our country is so innocent?”

Unbeknownst to him, Mr Trump summed up the core expectation of government; that of acquirer of resources. Any “noble” distribution is a response to the distractions caused by the powerless who are able to sneak into democracy’s nooks and crannies to agitate just long enough for social benefits that pale in size to the benefits flowing to the holders of government bonds. An irony, that there is distraction on both sides ….