The Future of technology & Robotics will be to replace Human labor at all levels where cost is lower. The only safe low labor cost jobs will be where Humans will work for less income than it cost to build a robotic system to replace them.
That analysis will in fact apply to Jobs at all income levels that software can run robots and computer programs more efficiently than Humans The necessity of establishing Unconditional Basic Income will be essential, unless we are prepared to eliminate excess people.
We already have Social Security paid from FICA taxes on wages that can be supplemented by a parallel program for the Disabled and the lowest income Social Security recipients. It is called Supplemental Security Income [SSI]. It is paid out of the General Tax Fund. If we make the SSI program Unconditional for people over 62 without a Means Test and withdraw Medicare payments from that program instead of Social Security payments, we will have the beginning of an Unconditional Basic Income system
You automatically start drawing it at age 62. You can start drawing SS at whatever age older than 62 that you chose. The older you are - the bigger the check. Then you keep lowering the SSI check over time to apply to all adult citizens Doing is over time will moderate the effect on the Economy .
Saturday, August 19, 2017
Religion had its Birth in the observations made by men about the nature of Nature. A Shepard or Farmer would observe that the Sun would change the position of rising and setting over time and then repeat the process with the changing of Seasons.
They would observe that their best product of seed or animal would produce the best new crop or births. They followed the same practice with the discovery of the pharmaceutical properties of Fauna & Flora. That is why Religion invented the rule that you must offer only your best to please the Gods. That gave Power Holders the best stock of seed and semen to grow their capital wealth.
The Gods did not deliver Religious rules on either Stone or Clay tablets. Scientific observation became Religious Myth and was coded into stories to teach the people the existence of hidden knowledge that the Priest held as a gift from the Gods and create a Power Source to rule with.
The power to rule is not easily surrendered even to better knowledge. That is why Religion values Belief over the Science for acquisition of knowledge.
Written by William Hodge
Wednesday, August 2, 2017
|Central Bank Money|
I am a nonconformist in my views about economics and Government. I support the view that the Sovereign Government should control the creation and supply of currency. I see money as
a contract between parties to trade Goods & Service today in exchanged for a "promissory note" that will purchase a choice of Goods & Service from other Sellers at a chosen later time.
That promissory note can be personally held and traded or it can deposited in a Bank in an Asset Account as Money. It is balanced as a Bank Liability to the Depositor on demand. The value of that money is determined by the availability of Labor, productive capacity and raw material supply to produce the desired Goods & Service.
I also believe that the power of Corporate Banks to create new money in return for a Borrower "promissory note" to repay legal tender money in the future should be ended. Money should only be created by the Federal Reserve Banks and loaned to Corporate Banks for lending to Borrowers based on the assets deposited in the Corporate Bank by Bank Customers.
Tuesday, August 1, 2017
|Life Labor Changing|
I am a Son of the South from agricultural forebears . In my youth subsistence level labor created by the Segregation system that replaced the Bonded Slave system, used before the Civil War were used to pick cotton. It was the invention of the cotton gin that created the very profitable use of Slave labor and then Segregated subsistence Wage laborers to support the 1%ers of Agriculture.
Then they invented a Cotton Picking Machine. Now no one picks cotton by hand. Another machine had eliminated what the first created and changed the culture of the South.
The use of computer technology to automate both the simplest of task and the most complex task will eventually eliminate almost the entire labor class and the white collar jobs as well. If we do not find a way to distribute income to create the need to distribute food, shelter, medical care, and survival skills, we may have to find a way to eliminate the people or create make believe work to keep them busy.
I prefer to give all the freedom to find their own creative path to life fulfillment.
By distributing Unconditional Basic Income to purchase sufficient food, adequate shelter, medical care, and learning skills to pursue their passions will create a new an entrepreneurial culture . That will give meaning to each life by individual personal choice of Life Path. We will create for each "The inalienable Right to pursue Happiness.
I wish to have NO SLAVERY of any kind. I want every person to have the choice of working for a wage he agrees to or not work for a wage at all if he chooses.
We must first understand the concept of the Commonwealth of all the land and what lies beneath, the water, and the air above that is controlled by every Sovereign Nation. The evidence of that Right is its power to levy property taxes for the privilege of private usage for profit or pleasure. It is additional proof that the Government has the Right of Eminent Domain to claim for Public use. It also has the power to tax accumulation of profit[income] from Private usage to support the General Welfare of the Nation & Citizens.
In a Democratic Nation it is implied that every Citizen should have a Dividend from his Commonshare of the Commonwealth. From that grows the the concept of giving every citizen [rich man - poor man - beggar man - thief] a Basic Income Guarantee. That income should be enough to purchase sufficient food, adequate shelter and effective medical care and the right to education.
As technological and Robotics advance there will be less availability of job Wages and greater need of Unconditional Basic Income to escape the Poverty of Wage Slave Jobs. It is past time to begin a scalable program that provides the Guaranteed access to food, shelter, medical care , and life skill training.
Thursday, July 20, 2017
1. Single Parent Poverty - About 60 percent of U.S. children living in mother-only families are living in Poverty Only about 11 percent of two-parent families are below the Poverty line.
2. Scarce Availability of jobs and low wages paid for those jobs
3. Disabilities that make it impossible to work.
4. Lack of training for skilled labor jobs that pay middle class wages
5. Lack of work ethic that results in an unwillingness to do what is considered a Wage-slave job.
The result often is generation after generation of people who, due to resulting lack access to good education, health care, adequate housing, proper sanitation and good nutrition are trapped in a recurring cycle of Poverty. We have instituted many forms of Welfare assistance that actually trapped the Poor in behaviors that will at least allow them the means to survive. Finding minimum level employment will actually make life harder due to loss of absolutely necessary benefits necessary to survival.
If we are going to break the cycle of Poverty, we must give the Poor and those who cross back and forth across the Poverty line, a Guaranteed Income that is unaffected by a "means test" from some Government Bureau for Begging To do that the Income must be Universal Unconditional and above the Poverty Level. Then and only then will every citizen have the power and Freedom to choose his on Path in Life that will allow the Pursuit of personally satisfying achievement.
Sunday, July 16, 2017
Eugene Debs was arrested June 18, 1918 under the "Sedition Act, which made it a crime to "willfully utter, print, write, or publish any disloyal, profane, scurrilous, or abusive language about the form of the Government of the United States"
Debs did not contest the charges. He was stripped of his citizenship and given 10-year prison term. In his comments to the Court he ended with these words :
"Your Honor, I ask no mercy and I plead for no immunity. I realize that finally the right must prevail. I never so clearly comprehended as now the great struggle between the powers of greed and exploitation on the one hand and upon the other the rising hosts of industrial freedom and social justice. I can see the dawn of the better day for humanity. The people are awakening. In due time they will and must come to their own".
Much of what he fought for was set on the path of progress in the Great Depression under Roosevelt. But since the rise of the Power of the extreme Right under Reagan, we are now close to returning to the Path of Oppresion by the Oligarch of the Wealthy. The Presidency of Donald Trump could end our era
Progressive Progress. If we can preserve and improve our gains in Health Care we may stop the slide into Wage-Slavery and restore the pathway out of Poverty.