Propertarianism & Philosophy of Truth Telling [Audio]

propertarianismHenrik PalmgrenCurt Doolittle is an American entrepreneur and author living in Kiev, Ukraine. He is an independent theorist of political economy in the conservative libertarian tradition, and founder of the Propertarian Institute.

Curt is with us to share his work surrounding Propertarianism, which can be defined as the philosophy of truth telling and a response to conservatives’ lack of a rational and scientific language for discussing the evolutionary strategy of ancient Western civilization.

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Curt begins with an overview of the framework of Propertarianism and reasons why truth telling has historically given European society a competitive edge. He explains the differences between high-trust and deceit oriented cultures, distinguishing the costs of truth telling vs. lying. Then, we discuss the various reactionary movements that emerged from the failed Enlightenment project, each riddled with a desperate attempt to hold onto the past while utilizing inoperational sciences, resulting in over a century of costly pseudoscience.

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Derailing Amtrak: Tracking The Latest Disaster In The Infrastructure Crisis

Ellen BrownThe dangerous underfunding of US infrastructure was underscored by a fatal train derailment on May 12th. The tragedy did not deter the House Appropriations Committee from voting to slash Amtrak funding the very next day. There are ways Congress could fund its massive infrastructure bill without raising taxes. But the conservative-controlled Congress seems to have other plans for the nation’s profitable public assets.

infrastructureThe May 12th train derailment near Philadelphia, which killed eight people and hospitalized 200, was the deadliest Amtrak accident in recent history. The train barreled around a dangerous bend at 106 mph, more than double the 50 mph speed limit for the curve.

Whether this was due to operator error or mechanical issues is not yet known. But experts say the derailment might have been averted by a safety system called positive train control, which can automatically reduce the speed of a train that is going too fast. The system must be installed on both the train and the route. The Amtrak train had it, but on that stretch of track in that direction it was not yet operational.

Why not? The stretch was known to be dangerous. Nearly 80 passengers died near the spot in an earlier derailment in 1943. Absence of positive train control was also cited as a factor in the fatal 2013 crash of a Metro-North train in the Bronx.

The chief problem, as with infrastructure generally, is a woeful lack of funds. Railroads are under a congressional mandate to install the positive train control system on passenger routes and major freight lines by the end of the year, but they are seeking an extension because of the cost and complexity of the work.

In an article titled “Why You Can’t Talk About the Amtrak Derailment Without Talking About Our Infrastructure Crisis,” Aviva Shen observes that the Northeast Corridor is the busiest and most profitable rail route in the US. The line, which runs from Boston through New York City, Philadelphia, and Baltimore to Washington D.C. , is dealing with more riders now than ever. But Amtrak has been starved of the funds required to keep up with this increased demand. It faces a backlog of repairs on bridges and tunnels that date back to the beginning of the 20th century, obsolete rail interlockings, and trains that rely on 1930s-era components. Repairs for the Northeast Corridor are expected to require $4.3 billion in fiscal years 2015-2019, while federal funding is expected to dwindle to $872 million. Continue reading

Fixing The Economy With State Owned Banks [Video]

Ellen Hodgson Brown explains the rationale behind state owned banks.

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Due to the collapsing credit bubble which in turned popped the housing bubble, leading to recession, and perhaps, economic depression, there is not enough money and credit to keep the economy running. Three possible solutions are that the federal government issue debt-free money directly, that communities create alternate or community complementary currencies, or that a state create its own state owned bank, similar to the Bank of North Dakota.

For example, a state owned bank in Michigan could provide credit to the state itself for infrastructure projects, help provide the capital for local banks, so they could in turn provide low interest loans to home owners, small and medium sized businesses, and students. In addition, a state owned bank could be used to help fund state expenses during tough times by providing loans. Continue reading

The Stimulus Five Years Later: Good Or Bad For The Economy?

Contributing writer ShiftFrequency

March 22 2014 ~ The stimulus that was offered to the United States people and companies in 2009 has had some time to affect the economy. Five years later, it’s a good idea to take a look at the pros and cons of this stimulus and see where exactly we are. No matter what side of the aisle you’re on, there are some things to think about with the economy today and how the stimulus got us here.

High Cost

Image via Flickr by 401(K) 2012
Image via Flickr by 401(K) 2012

One of the things that needs to be evaluated is the high cost of the stimulus. The total cost of the spending bill was $787 billion. This is a lot of money to the taxpayers. However, it’s also important to understand where this figure comes from. For example, the majority of that money was actually “given” to the American people in the form of tax cuts and rebates. Some claim that this means that it was not money that was given to the people, it was money that was not taken by the government.

Rebuilding the Infrastructure

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