Never Elect Republicans

Thursday, July 14, 2011

Editor Notation:
Pres. Obama's Chiron @05 Pisces

conjunct

Fixed Star Cygnus @05Pisces

Cygnus Key words, Key concepts

human nature not wired for statistical uncertainty,
variable from standard scientific 'truth',
impossible to calculate,
rare, unpredictable important events.

Link - An unusually bright and unexpected outburst from what was thought to be a rather mundane and slightly variable star in the constellation Cygnus was detected by two Japanese astronomers in images taken on March 10, 2010 (10:48 UT). This indicates a slow nova outburst that may have been in progress since 1936.

The first American president, George Washington's inauguration Midheaven, is a sensitive degree for mundane astrology. The April 30, 1789 inauguration also marks the beginning of the federal government. Therefore the United States federal government's Midheaven is at 22 degrees Taurus.

The President of the United States as the head of state and the head of government of the United States: is the chief of the executive branch and head of the federal government.

The 22 degree Taurus Midheaven George Washington Inauguration chart is a sensitive degree for mundane astrology analysis.

Reaganomics YOD

Chiron @22 Taurus
Chiron plays a huge role in Political Astrology, especially in the U.S. where it's associated with the military. - Link - Neptune Cafe

inconjunct

Neptune @22 Sagittarius

inconjunct

Pluto @21 Libra

http://judecowell.files.wordpress.com/2008/03/american-presidency-apr-30-1789.jpg

http://judecowell.files.wordpress.com/2008/02/reaganomics-eclipse-1981.jpg

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Ronald Reagan economist and father of The Laugher Curve Art Laffer has decided to endorse Former Speaker of the House Newt Gingrich and will officially endorse the GOP hopeful Thursday in Iowa.

“Newt has the best plan for jobs and economic growth of any candidate in the field,” said Laffer.

“Like Ronald Reagan’s tax cuts and pro-growth policies, Newt’s low individual and corporate tax rates, deregulation and strong dollar monetary policies will create a boom of new investment and economic growth leading to the creation of tens of millions of new jobs over the next decade. Plus, Newt’s record of helping Ronald Reagan pass the Kemp Roth tax cuts and enacting the largest capital gains tax cut in history as Speaker of the House shows he can get this plan passed and put it into action.”

Legacy of Reaganomics @Link
For half a century, from the depths of the Great Depression until the rise of Ronald Reagan, the U.S. government invested in building the nation and funding key research. And the country flourished. But Reagan reversed those priorities. The results are in.

Essay BY ACTIVIST GUY

Reaganomics Architect Sued for Ponzi Scheme

LINK - I've always called it "the Laffable Curve". That is, the entirely bogus economic "theory" (less "theory" than assertion) that cutting marginal tax rates increases income tax revenues. It never was true, it was an insult to common sense that it was ever rolled out on a public stage. Unfortunately, the result of that rollout was further proof of the accuracy of Mark Twain's observation, "The problem with common sense is that it isn't very common."

It was with some disappointment that I discovered it wasn't for his public policy prescriptions, but rather a purely privatized "investment plan".

Laffer gave us the Laffer Curve and was a prime architect of Reaganomics; he's so dreamy to tax-haters that Newt Gingrich speaks his name, and touts his endorsement, with reverence. Turns out he's also—at least according to 52 investors who are suing him in Texas for fraud, negligence, and breach of fiduciary duty—a con man who lent his name to a Ponzi Scheme.

The plaintiffs accuse an investment fund called Laffer Frishberg Wallace Economic Opportunity Fund, of which Laffer was a principal, of fraudulently funneling investor dollars into a radio company called BizRadio that the firm's managers were tight with.

Laffer, it turns out, was a radio personality for the failing network at the same time his investment firm was funneling other people's money into the venture—along with his partner (and fellow defendant) Daniel Frishberg, he offered "top-level insights into the world-wide markets...using language and stories that everyone can understand and enjoy." Frishberg, the complaint notes, was the target a fraud lawsuit from the Securities and Exchange Commission in 2009.

Still, our entire establishment continues to act as though they truly believe that his Economic Doctrine was anything but another predatory financial scheme. To this day one repeatedly hears from the political class that "cutting tax rates increases revenues" and not solely from one side of the aisle. Unfortunately, the doctrine of "sovereign immunity" makes it illegal to sue the federal government for practicing predatory financial fraud on the entire nation, so it is unlikely that anyone will ever be held accountable for that much greater crime fostered by Laffer.