- Jan 2023
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docdrop.org docdrop.org
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it's what i write about and that is why what is it that has created this uh uh disparity and why is it widened so much since 1980. well the most obvious reason is uh interest rates reached a peak of 20 in uh 1980 and they've gone down ever since well in the late 1970s uh my old 00:16:50 boss's boss at chase manhattan paul volcker said let's raise interest rates to very high because the 99 are getting too much income their wages are going up let's uh raise interest to slow the economy and that will prevent wages from going up and he did and that was a large uh reason why carter lost the the election to ronald reagan interest rates then went down from 20 to almost 0 00:17:20 today the result was the largest bond market boom in history bonds went way up in price the economy was flooded with bank credit and most of this credit uh apart from going into the bond market went into real estate and there is a uh symbiosis between finance and real estate and also between finance and raw materials and also like oil and gas and minerals uh extraction natural resource 00:17:48 rent land rent and also monopoly rent and most of the monopoly rent has come from the privatization that you had from ronald reagan margaret thatcher and the whole neoliberalism uh if you look at how did this one percent get most of its wealth well if you look at the forbes list of the billionaires in almost every country they got wealth in the old-fashioned way from taking it from 00:18:13 the public domain in other words privatization you have the largest privatization and transfer of wealth from the public sector to uh the private sector and specifically to the financial sector uh in in history uh sell-offs and all of a sudden instead of uh infrastructure uh public health uh other uh basic needs being provided at subsidized rates to the population you have uh privatized 00:18:41 owners uh financed by the banks raising the rates to whatever rate they can get without any market firing power uh in the united states the government is not even allowed to bargain with the pharmaceutical companies for the drug prices so there's been a huge monopolization a huge privatization a huge flooding of the economy with credit and one person's credit is somebody else's 00:19:11 uh debt so you you've described the one percent's wealth in the form of uh savings but uh i focus on the other side of the balance sheet this one percent finds its counterpart in the debts of the 99 so the one percent has got wealthy by indebting the 99 uh for housing that is soared in price 20 00:19:37 uh just in the last year in the united states uh for medical care for uh utilities for education uh the economy is being forced increasingly into debt and how how can one uh solve this taxation will not be enough the only way that you can uh actually reverse this uh concentration of wealth is to begin wiping out uh the debt if you leave the debt in place of the 99 00:20:10 uh then uh you're going to leave the one percent savings all in place uh and these savings are largely tax exempt uh so basically i think you you uh left out the government's role in this wealth creation of the one percent so your finance has indeed grown faster than economy absorbed real estate into the finance insurance and real estate sector the fire sector finances 00:20:39 absorb the oil industry the mining industry and it's absorbed most of the government so the financial wealth has spilled over to become essentially the economy's central planner it's not planned in washington or paris or london it's planned in wall street the city of london and the paris ports the economy is being managed financially and the object of financial management 00:21:04 isn't really to make money it's capital gains and again as your statistics point out capital gains are really what explains the increase in wealth you don't get rich by saving the income rent is for paying interest income is for paying interest you get rich off the government basically subsidizing an enormous increase in the value of stocks the value of bonds by the central 00:21:31 banks which have been privatized and uh the reason that this is occurring is that uh the largest public utility of all money creation and banking is left in private hands and private banking in the west is very different from what government banking is in say china
!- Michael Hudson : Wealth is created in the 1% through privatization and loss of the 99% - Largest transfer of wealth in history from the public sector to the private sector, especially through financial sector - govt fire sale of public infrastructure - credit was created and invested in the biggest bon market boom in history - many of Forbes billionaires got rich through such privatization - the 1% got wealthy by indebting the 99% through privatization all around the globe - this was the effect of Ronald Reagan and Margaret Thatcher's neoliberal policies - taxation alone is not sufficient to reverse this wealth concentration, the debt has to be completely wiped out
!- key statement : the elite get rich off the government subsidizing an enormous increase in the value of stocks the value of bonds by the central bank which have been privatized. The reason THAT is happening is because the largest public utility of all, money creation and central banking has been privatized.
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- Nov 2022
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billyoppenheimer.com billyoppenheimer.com
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Ronald Reagan notecard
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www.usatoday.com www.usatoday.com
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"If the Reagans' home in Palisades (Calif.) were burning," Brinkley says, "this would be one of the things Reagan would immediately drag out of the house. He carried them with him all over like a carpenter brings their tools. These were the tools for his trade."
Another example of someone saying that if their house were to catch fire, they'd save their commonplace book (first or foremost).
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- Aug 2022
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thoughtcatalog.com thoughtcatalog.com
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Protect it at all costs. As the historian Douglas Brinkley said about Ronald Reagan’s collection of notecards: “If the Reagans’ home in Palisades were burning, this would be one of the things Reagan would immediately drag out of the house. He carried them with him all over like a carpenter brings their tools. These were the tools for his trade.”
Another example of saving one's commonplace in case of a fire!
link to: - https://hypothes.is/a/BLL9TvZ9EeuSIrsiWKCB9w - https://hypothes.is/a/zHUghMiaEeuKKvcrc5ux5w
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Ronald Reagan actually kept quotes on a similar notecard system.
By at least 2013 Ryan Holiday was aware of Ronald Reagan's note card system from a 2011 USA Today article and related book.
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- Jun 2022
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Local file Local file
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The Invention of the Welfare State: Education,Health Care, and Social Security
Welfare state has largely been given a negative connotation in America beginning roughly in the 1980s during the Reagan administration.
Will Piketty continue this negative tone here?
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www.theatlantic.com www.theatlantic.com
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A sign of the NRA’s new determination to influence electoral politics was the 1980 decision to endorse, for the first time in the organization’s 100 years, a presidential candidate. Their chosen candidate was none other than Ronald Reagan,
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en.wikipedia.org en.wikipedia.org
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Governor Ronald Reagan, who was coincidentally present on the capitol lawn when the protesters arrived, later commented that he saw "no reason why on the street today a citizen should be carrying loaded weapons" and that guns were a "ridiculous way to solve problems that have to be solved among people of good will." In a later press conference, Reagan added that the Mulford Act "would work no hardship on the honest citizen."
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The Mulford Act was a 1967 California bill that prohibited public carrying of loaded firearms without a permit.[2] Named after Republican assemblyman Don Mulford, and signed into law by governor of California Ronald Reagan, the bill was crafted with the goal of disarming members of the Black Panther Party who were conducting armed patrols of Oakland neighborhoods, in what would later be termed copwatching.[3][4] They garnered national attention after Black Panthers members, bearing arms, marched upon the California State Capitol to protest the bill.
WTF!
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twitter.com twitter.com
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Elie Mystal writes in Allow Me to Retort: A Black Guy's Guide to the Constitution:
There was an original purpose to the Second Amendment, but it wasn't to keep people safe. It was to preserve white supremacy and slavery. (p36)
He indicates that there are quotes from Patrick Henry and George Mason, governor of Virginia. They needed the ability to raise an armed militia to put down slave revolts and didn't want to rely on the federal government to do it.
- [ ] Allow Me to Retort: A Black Guy's Guide to the Constitution by Elie Mystal #wanttoread
link to 1967 Mulford Act signed by Ronald Reagan see also: https://en.wikipedia.org/wiki/Mulford_Act
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- Apr 2022
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pioneerworks.org pioneerworks.org
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Neuropsychiatrists at UCLA had found a willing partner in Governor Reagan’s California Department of Justice, to the tune of $750,000 (equivalent to roughly $4.5 million today), and a whopping $1.5 million from the state. It was prominently affiliated with researchers like Vernon Mark and Frank Ervin, who had gained scientific fame for their work creating brain implants in human patients to change behavior and motivation; also on board was former LAPD police chief James Fiske, a man known for terrorizing the city’s Black population.
It looks like Ronald Reagan had issues with mental health care even as far back as the 1970s. This incident at UCLA was just a precursor to defunding state mental health care that was already apparently having issues at the time.
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- Aug 2021
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www.amazon.com www.amazon.com
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An edited and published volume of Ronald Reagan's commonplace book, which he kept on index cards.
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www.usatoday.com www.usatoday.com
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http://usatoday30.usatoday.com/news/washington/2011-05-08-reagan-notes-book-brinkley_n.htm
An article indicating that President Ronald Reagan kept a commonplace book throughout his life. He maintained it on index cards, often with as many as 10 entries per card. The article doesn't seem to indicate that there was any particular organization, index, or taxonomy involved.
It's now housed at the Reagan Presidential Library in Simi Valley, CA.
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ryanholiday.net ryanholiday.net
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Ronald Reagan also kept a similar system that apparently very few people knew about until he died. In his system, he used 3×5 notecards and kept them in a photo binder by theme. These note cards–which were mostly filled with quotes–have actually been turned into a book edited by the historian Douglas Brinkley. These were not only responsible for many of his speeches as president, but before office Reagan delivered hundreds of talks as part of his role at General Electric. There are about 50 years of practical wisdom in these cards. Far more than anything I’ve assembled–whatever you think of the guy. I highly recommend at least looking at it.
Ronald Reagan kept a commonplace in the form of index cards which he kept in a photo binder and categorized according to theme. Douglas Brinkley edited them into the book The Notes: Ronald Reagan's Private Collection of Stories and Wisdom.
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- Mar 2021
- Jul 2019
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niklasblog.com niklasblog.com
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his adulation for Ronald Reagan
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