Andrew Leonard Behavioral Economics and America’s Future - Jas Jain Commentary

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-------- Original Message --------

Subject:	Behavioral Economics and America's Future
Date:	Thu, 3 Feb 2011 15:10:48 -0800
From:	Jas Jain

Behavioral Economics and America's Future

My approach to forecasting the future of the US economy and the political system is based on my conclusive observations on the behavior of three important classes—masses (populace who supposedly are the masters of this country!), ruling elite (economic and political, supposedly servants of the public and the sharecroppers, but in practice their masters) and the priestly class (who determines what is wrong and what is right in the moral terms and this class is dominated by trained economists). Today's links from A Neo-Keynesian Economist's Blog :

·               AIG CEO: Liberals are deadbeats - Andrew Leonard

• What's good for CEOs isn't good for America - Andrew Leonard

"Deadbeats" are a result of the worst welfare system in the world (not the most socialistic) and CEOs are certifiable crooks and the enemies of the working folk, but they control the political system as a result of dollar-o-cracy (one dollar = one vote!). Everything is upside down—dopes who are economic slaves claim to be masters of the country and supposed servants are the masters. The true characterization of the three classes, as it exists in America presently, is:

 

1. Masses are irremediable born-and-bred dopes.

2. Ruling elite is recruited from crooks and evildoers, including born-and-bred evildoers like Bernanke and Krooksman. The latter learned nothing but evil schemes of manipulating the economy.

3. The priestly class consists of propagandists, e.g., Limbaugh, and evildoers, e.g., Krooksman. Needless to say that born-and-bred American dopes are clueless as to whom to believe. Invariably, they fall victim to seasoned propagandists.

 

In response to a reply on my forecast of probable election of an American Hitler (most likely in 2016 or 2020 election), please remember that what we have in America now are not Hilters but financial crooks and economic evildoers; the American Hitler would be a "blood would conquer money" kind of guy. Most Americans don't understand the difference between a Hitler and financial crooks and economic evildoers. German Hitler was a predictable outcome of the evil deeds of Anglo-American financial crooks. What is happening in Egypt is the latest proof of America having been a rogue nation since 1917. Germans were victims of wickedness of American and British business crooks! Born-and-bred American dopes are only taught the propaganda version of the history of 1914-1945. Chickens would come home to roost. Sooner than one would wish.

Jas