An example of a Financial World run by Milton Friedman Economic Thinking by looking at the Hunger Games

In Milton Friedman’s world, profits are god—more important than an end to poverty, life, liberty and the pursuit of happiness. To Milton Friedman thinking, the only way to end poverty is for the top 1% to earn more than the bottom 99%, and to see that those earnings for the 1% continue to increase while the net worth of the 99% continues to shrink.

And here’s a perfect example of how this thinking works: The Hunger Games franchise.

The latest Hunger Games film, Mockingjay  – Part 1,  came out on November 21, and the next day, Saturday, I read a major media financial news piece about  how this film was a loser, because it didn’t earn more money its first weekend than the previous Hunger Games film, Catching Fire.  Before I reached the end of this piece, it mentioned how the stock prices had dropped for the production company behind the film due to this horrible opening. IMDb.com

Now for a dose of reality—production costs for all three films compared to the total box office to the date of this post:

The Hunger Games cost $78 million to produce, but total global box office earnings reached $692.3 million its first 168 days.

Did this film lose money, and what was the profit margin?

Catching Fire cost $130 million, but total global box office earnings reached $864.9 million in its first 133 days

Did this film lose money, and what was the profit margin?

Mockingjay – Part 1 cost $125 million, but total global box office earnings reached $480 million in 10 days.

Did this film lose money, and what was the profit margin?

Does Mockingjay – Part 1 look like a loser to you? It does to anyone who worships at the altar of Milton Friedman, because profits must always show an improvement over the last quarter. There is no room for DOWN. There is only room for UP.


To Milton Freedom, Greed is god, but what does the Bible say about Greed?

That is what Milton Friedman economic thinking looks like—if you worship at Milton Friedman’s altar of GREED, you worship wealth acquisition anyway you can get it even if those methods cause the extinction of homo sapiens by destroying the earth’s environment.

For instance, the Tea Party movement, funded by the devout Catholic, professed libertarian Koch brothers, is not interested in facts, truth or reality. The Tea Party was born on a platform of lower taxes and less spending ONLY after Obama—an African-American—was elected president, who is, surprise, surprise, a Milton Friedman neo-liberal.

No one who follows the Tea Party movement blindly will mention, discuss or admit that three GOP presidents since 1945, are responsible for 62% of the federal National Debt of $17.9 Trillion: Presidents Reagan and the two Bushes, and it was Reagan who ushered in the era of Milton Friedman economics that is a major force behind the corporate war on the public schools in the United States.

There have been 12 presidents since 1945 starting with Truman.

The federal National Debt this morning hit about $17.9 Trillion, and $10.64 Trillion of that debt came from those three GOP presidents thanks to Milton Friedman’s insane theory of greed-based economics.

By the way, the Koch brothers are also funding the propaganda campaign to deny that Global Warming is caused by carbon emissions. Guess what the foundation of their great wealth is based on?

oil

And don’t expect anyone who worships at Milton Friedman’s altar of greed to mention the country that reduced global poverty  by 90 percent in the last 30 years—Communist China.


Milton Friedman thinking leads to Disaster Capitalism

_______________________

Lloyd Lofthouse is a former U.S. Marine and Vietnam Veteran,
who taught in the public schools for thirty years (1975 – 2005).

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His third book is Crazy is Normal, a classroom exposé, a memoir. “Lofthouse presents us with grungy classrooms, kids who don’t want to be in school, and the consequences of growing up in a hardscrabble world. While some parents support his efforts, many sabotage them—and isolated administrators make the work of Lofthouse and his peers even more difficult.” – Bruce Reeves

Lofthouse’s first novel was the award winning historical fiction My Splendid Concubine [3rd edition]. His second novel was the award winning thriller Running with the Enemy. His short story A Night at the “Well of Purity” was named a finalist of the 2007 Chicago Literary Awards. His wife is Anchee Min, the international, best-selling, award winning author of Red Azalea, a New York Times Notable Book of the Year (1992).

To follow this Blog via E-mail see upper left-hand column and click on “FOLLOW!”

Brainwashing Americans for Extremism, Power and Profit (Viewed as Single Page)

An extremist is a person who holds extreme or fanatical political or religious views that are very far from what most people consider correct or reasonable and that are highly disagreeable to the majority of the population.

Dementia is a general term for loss of memory and other mental abilities severe enough to interfere with daily life, and it is caused by physical changes in the brain.

For instance, what Oliver Sacks wrote in Speak Memory, February 21, 2013, in The New York Review of Books about our ability to edit and revise our own memories to fit whatever we want to think. Oliver Sacks says, “From the Inquisition and the Salem witch trials to the Soviet trials of the 1930s and Abu Ghraib, varieties of ‘extreme interrogation,’ or outright physical and mental torture, have been used to extract political or religious “confessions.” While such interrogation may be intended to extract information in the first place, its deeper intentions may be to brainwash, to effect a genuine change of mind, to fill it with implanted, self-inculpatory memories, and in this it may be frighteningly successful.”

Then there is Eight Ways to Identify Religious Brainwashing. In part seven of this eight part series, “Leaders who emphasize ‘Doctrine Over Person’ usually have dominant personalities and rigidly interpret biblical commands. Thus, while their language sounds spiritual, in fact they merely enforce their own preferences about how to live life.”

In addition, in 6 Brainwashing Techniques  They’re Using on You Right Now, we learn that “Every cult leader, drill sergeant, self-help guru and politician knows that if you want to quiet all of those pesky doubting thoughts in a crowd, get them to chant a repetitive phrase or slogan. Those are referred to as thought-stopping techniques, because for better or worse, they do exactly that.”

I have an old friend who is an extremist and I’ll talk more about him in part 2 and 3 and why he is against abortion, and doesn’t think global warming is caused by human activity.

One issue that has been raging since Roe V. Wade in 1973, is a woman’s right to have an abortion versus the mostly extremist religious Right-to-Life mob.

Gallup publishes historical trends in respect to the abortion issue—that refuses to go away thanks to the mostly religious extremists—and my old friend is one of them.

In 1975, Gallup reported that 77% of the U.S. population felt that abortion was either legal under certain circumstances or legal under any circumstances, but only 19% felt it was illegal in all circumstances.

Thirty-eight years later, that thinking hasn’t changed much. In 2013, Gallup reported that 78% of the U.S. population felt that abortion was either legal under certain circumstances or legal under any circumstances, while 21% felt it was illegal under all circumstances.

I think it is arguable that 78% is an overwhelming majority exposing the extremist minority of the Right-to-Life mob.

The use of brainwashing techniques is used by the Right-to-Life mob when they claim that “Abortion is murder, because it kills babies.”  Using “murder” and “babies” together in the same phrase is designed to arouse emotions and fool people—in effect, brainwashing them—but the truth is that babies are never aborted—zygotes, embryos  or fetuses are aborted, and they’re not babies, toddlers or children. In fact, after the sperm fertilizes the egg, life starts as a single cell zygote and divides several times to form a ball of cells called  a morula. By the 8th week, the embryo—that develops from the zygote by the 3rd week—measures ½ inch in length, and the organism called the fetus starts to develop at about the 10th week.

Let’s be clear, a fetus is not a baby! At one month—4 weeks—there is an embryo consisting of two layers of cells from which the organs and body parts will develop. At 2 months—8 weeks—the fetus is the size of a kidney bean. At 3 months—12 weeks—the fetus is about 3 inches long and weighs almost an ounce.

Did you now that a fetus doesn’t feel pain until the 20th week? Actually, it doesn’t feel much or any pain at all until delivery—as you will discover.

The reason why I’m writing about the issue of abortion is because of my old friend, who suffers from a mental illness called extremism caused by brainwashing and/or irrational dementia. When we argue the issue of abortion, the terms he uses most often are “babies” and “murder”.

How can you murder a fetus without a developed brain that can’t feel pain, has no memoires and couldn’t survive outside the womb? The definition for a human being says: a man, woman or child of the species Homo sapiens, distinguished from other animals by superior mental development, power of articulate speech and upright stance.

And, according to the CDC, 89-92% of all abortions happen during the first trimester, prior to the 13th week of gestation; 6.9% of all abortions take place between 14-20 weeks of gestation, and 1.2% take place at or after 21 weeks of gestation.

The fetus starts out looking like the alien from the Alien film franchise, but eventually the fetus will develop a human form. That does not mean it is a viable, thinking, feeling creature with an active memory. In fact, it is arguable that it is not until after the 30th week that the brain has developed enough to be considered a complete human.

At week 5, the fetus’s brain, spinal cord, and heart begin to develop. At week 6-7, the fetus’s brain forms into five different areas. Some cranial nerves are visible. After week 8, the fetus’s brain will continue to grow until week 27 when it will start to grow faster.

The average unborn baby, while it is a fetus, will spend 38 – 40 weeks in the uterus.

When does consciousness arise in the human fetus? Consciousness requires a sophisticated network of highly interconnected components, nerve cells. Its physical substrate, the thalamo-cortical complex that provides consciousness with its highly elaborate content, begins to be in place between the 24th and 28th week of gestation. … What is fascinating is the discovery that the fetus is actively sedated—drugged—by the low oxygen pressure (equivalent to that at the top of Mount Everest), the warm and cushioned uterine environment and a range of neuroinhibitory and sleep-inducing substances produced by the mother’s body.

What does the Bible say about Abortion? OpenBible.Info lists 37 Bible Versus related to Abortion. Some—I’m convinced—will horrify you. For instance: Deuteronomy 28:53: “And you shall eat the fruit of your womb, the flesh of your sons and daughters, who the Lord your God has given you, in the siege and in the distress with which your enemies shall distress you.” Of course, the brainwashers will cherry pick versus they want their extremists to hear, and then tell them what to think.

My old, extremist, brainwashed friend also doesn’t believe global warming is caused by human activity, and this explains why he is against any or most environmental regulations that would limit carbon emissions—yet, there is irrefutable evidence that carbon emissions are polluting the air causing respiratory illnesses and lung disease, for instance, cancer, and that carbon emissions are altering the pH balance of the oceans threaten the food chain. Rising Acidity in the Oceans: The other CO2 Problem and How Air Pollution Contributes to Lung Disease

But that doesn’t stop extremists like my old friend—who gives me a lot to write about—from wanting a smaller government that doesn’t monitor private sector corporations that pollute the environment.

My old extremist friend seems to think that the private sector should have no restrictions and be allowed to do whatever it wants with no government intervention—he thinks that the private sector will correct itself voluntarily.

If you read this piece in a recent National Geographic Magazine about the EPA superfund going broke—thanks to people like my old, stubborn, extremist friend, for instance, and the Tea Party element of the GOP—you might appreciate the danger of stripping the government of its ability to limit pollution, corruption and/or monopoly in the private sector.

As for abortion, I think a woman should own her body and have the legal right to an abortion before, at least, the 21st week, if not longer to the 30th week. What I think my old extremist friend, who has been brainwashed, is really arguing for is less freedom for individuals and more freedom for profit hungry corporations to pollute the earth and cause more disease and illness.

Oh, one last fact: Gallup also reports that only 25% of the people are skeptical of global warming being caused by carbon emissions and human activity versus 75% who are concerned believers or somewhere in between.

Did you know that AEI routinely tries to undermine the credibility of climate science, despite at times affirming that the “weight of the evidence” justifies “prudent action” on climate change and AEI received $3,615,000 from ExxonMobil from 1998-2012, and more than $1 million in funding from Koch foundations from 2004-2011?

AFP also frequently provides a platform for climate contrarian statements, such as “How much information refutes carbon dioxide-caused global warming? Let me count the ways.” And the Koch foundations donated $3,609,281 to AFP Foundation from 2007-2011.

To discover more about who is brainwashing people like my old extremist friend, I suggest clicking on Global Warming Skeptic Organizations and read the report published by the Union of Concerned Scientists.

_______________________

Lloyd Lofthouse is a former U.S. Marine and Vietnam Veteran,
who taught in the public schools for thirty years (1975 – 2005).

His third book is Crazy is Normal, a classroom exposé, a memoir. “Lofthouse presents us with grungy classrooms, kids who don’t want to be in school, and the consequences of growing up in a hardscrabble world. While some parents support his efforts, many sabotage them—and isolated administrators make the work of Lofthouse and his peers even more difficult.” – Bruce Reeves

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Lofthouse’s first novel was the award winning historical fiction My Splendid Concubine [3rd edition]. His second novel was the award winning thriller Running with the Enemy. His short story A Night at the “Well of Purity” was named a finalist of the 2007 Chicago Literary Awards. His wife is Anchee Min, the international, best-selling, award winning author of Red Azalea, a New York Times Notable Book of the Year (1992).

To follow this Blog via E-mail see upper left-hand column and click on “FOLLOW!”