Showing posts with label Obama. Show all posts
Showing posts with label Obama. Show all posts

Monday, March 20, 2017

Trumpian Times - Exit Left (IN JUST 60 DAYS !) with a Suggested Plan for an Interim 'potus' and New Election), Or, ' Down With the Business Model of Governance , Citizens Are Not A Disposable Labor Pool'

In 2009 and 2014 Pericles21 posted about the fallacy and threat of regarding the American Citizen as a disposable labor pool under a business model governance system run by big corporations and/or their servants.

It's Time to stop filling in the blanks in Trump's performances and statements with hopeful or "fair" interpretations of DT's daily (thrice daily?) gaffes, un-presidential tweets, insults to foreign leaders, threats, bullying, saber rattling, and so on...and look straight on at what sometimes occupies the Oval Office (sometimes its DT). It's a big cow-pie!

DT is a mess, his appointees are a line-up crew, fringe dwellers or zombies..who among will be indicted, investigated and dismissed next?

The majority of voters thought Trump was mess and about half of those who voted for Trump also thought he was a mess!

Now it's the moment, (and JUST 60 DAYS!!) the majority of voters thought would happen, even though willing to give the sobering influence of sitting behind the Oval Office desk to work some kind of magic on DT. It, the rehab of Trump, hasn't happened, it looks like it won't happen and things are getting worse daily.

We've gained INSIGHT from the Trump debacle:
wanting to be President, being President and earning respect (even begrudgingly) requires something Trump doesn't show he has...a basic personal integrity, a love or at least respect for the Constitution and democratic principles, a desire to better the lives of American citizens at all levels.
A tough job? YES! That is why a modern, 21st century America doesn't deserve Trump who is not at the intellectual level with other global leaders, not inspiring global comfortability (just the opposite, in Aces), and definitely not a person of inspiring ideas and vision beyond threatening to bomb the "sh//t" out of the demons of his twisted paranoia.

Pericles 21 has the following suggestions, after today's March 20, 2017, televised hearings between FBI Director Comey and the House Intelligence Committee (Wired Ezine, 03/20/17):

1/ DT given opportunity to walk out the front door, away forever from the White House and not be indicted for treason - with 10 yr suspension of all business licensing in the the USA; if he chooses to remain in the USA, DT has to register as a foreign agent while on American soil, but his family will not be affected, even though some of them might potentially also be in conflict of interest with the Russians.
2/ 2016 election declared void, and all appointee positions not filled be frozen in place with Obama holdovers.
3/ 6-10 month Pro-tem "chief executive" appointed (Obama) to set up real 2017 or 2018 election, with proviso that Obama will not be eligible not be allowed to run in the new election.

Obama is the only person with enough global cache" (trust, experience and confidence inspiring intellect), administrative determination, management skill and patience to reach compromises where required and set up the machinery for the new election.

After this, anyone with imagination can write books...and hopefully America will have had it up to the eyeballs experimenting with a business model leadership.

What we have witnessed - the Business Model just doesn't work...
CITIZENS ARE NOT A DISPOSABLE LABOR POOL TO BE LAID OFF OR DISCARDED TO IMPROVE THE BOTTOM LINE, OTHER SOLUTIONS ARE REQUIRED FOR LIVING STANDARDS INEQUALITY, JOBS, HEALTH CARE, EDUCATION!!!!).
And especially, DeVos should go or be placed aside in favor of a proven public servant (or committee of impartial educators) with national vision, not her.

Thursday, June 16, 2016

Election 2016: Revisiting Hillary, Warren, Bernie and Trump - America Desperately Needs A New Governing Paradigm

Trump...Trump..trump...trump (clumsy, callous, 'mow em down' brutality of words, Asp-quick and cobra-venom of wit)...here he comes...run for your lives just about everyone who is not of a certain demographic - white male working class/blue collar/tea party...(but including Sarah Palin who is her own personal demographic).

Donald Trump is on the scene. The tension, the tension - it's 'Friday the 13th' every day now, but Trump is nastier, bigger and badder than Freddy ever was. And it will get nastier because the Republican party controllers who lost control are emerging from their cloudy confusion and weak-spined whining and are salivating in anticipation of the skullduggery tricks and dirty tactics they plan to dump on Trump at the Convention. 'Just wait' they are thinking, the GOP Convention will be the 'show of shows' for sure,...a shot-in-the-eye, kick-in-the-pants spectacle. But Pericles21 is betting that Trump and his thugs will turn the tables and complete the destruction of the Party. The Convention will be a debacle of violent emotions and violent retributions. And the worst of it will be a descent into Hell at the Convention will be what Trump's supporters want and will be proud of. The Trumpists need that kind of outlet for the rabid emotions Trump will generate as only he can.

First, let's cut right to the core - there has been a lot of proposing various candidate 'tickets' for both parties. As of June 16, it appears Donald Trump will be the Republican nominee for President unless, by some expected but not really likely drama from Trump's rivals-proved-Wimps, the Republican Party, succeeds in wrestling itself to the mat and excises Trump. What entertainment - a Republican convention where the GOP mauls itself mercilessly while onlooking Trump giggles offstage and takes the nomination anyway.

On the other hand, the Democratic Party seems to have a problem of another kind,..but still odd in its way - who perhaps is best to run as Presidential nominee along with Senator Elizabeth Warren as Vice President? The interesting point is that 'a priori', Senator Warren is the precursor item on the ticket. Senator Warren is the first consideration followed by a search for who can best complement her as President! 'Election 2016' is indeed turning out to be different. We may have Trump and all that might represent, and then we have strange tides under the Democrat ship.

So, the election picture is upside-down. We first start with Senator Warren, the real deal - genuine, 'you-get-what-you-see', articulate, really pissed off but communicating that without histrionics, deadly on point all the time, un-questionned integrity and believable. Then with that out of the way, we next ponder who will best complement Warren - will it be Bernie Sanders or Hillary Clinton? My point is 'what does this 'logic' tell us?'WHo really are we all agreed on is the best candidate for President?

Second, as for POTUS, there is an 'American Crisis' at hand that needs a new leadership paradigm different from past war-focused, testosterone-driven male presidents and the resultant chaos. Don't agree? Then just think about the 'why and what' is going on about Donald Trump who is the ultimate example of 'out-of-control' testosterone-powered strangeness and threat to darken America's political history. Trump's 'solutions' are ..'what?'...other than loud 'woofing'? Should Trump get into the White House, expect anything but real solutions to America's problems.

And 'what is current America'? America appears almost terminally lost, drifting and dis-functional. And too many Americans of both political parties share that opinion ...which is why we have the curious phenomenon where Trump and Sanders supporters are seen to be mutually exchangeable should either one drop out (Sanders) or be forced out (Trump), and where Hillary Clinton is termed by some as the voice of 'sensible, moderate Republicanism'.

Our oligarchist, facist-capialist economy has raped, plundered and ruined the planet and almost completed the same horror on the home front. War-making testosterone, ala Trump, has no real solutions. American needs to lick its self-inflicted wounds and heal.

Out-of-control Trump offers a nightmare future...but maybe Trump is the gross and nasty medicine America needs to hold its nose from and swallow.


Obama's election was a moment of 'now its your turn', American minorities of color. (Even tho, imho, Obama doesn't really qualify as an 'American' minority...he just coincidentally shares the same skin color of many home-grown African-Americans, but his social upbringing is not that of an African-American raised in the straight-jacket of American prejudice and discrimination towards African-Americans. Obama's african-american affiliation is a choice.)

America now, does not need to return to a business-as-usual postering, testosterone dripping (or pretending so) majority male icon (Trump).

America desperately, NEEDS a female POTUS, an intelligent individual with a female sense of 'making things right' and restoring America's social health and confidence...and world image. Senator Warren appears to have these qualities. But America does not need a restrictive, corsetted 'Thatcher', a 'wanna-be-alpha-male' who will strive to out-alpha her political rivals and colleagues. In all, Senator Warren appears to meet both sets of criteria.

Bernie Sanders is a kind of 'Alice in Wonderland' furry, be-hatted creature - well-intentioned and harmless but of what real effectiveness?

Hillary, on the other hand, appears to be un-furry but is she real or a retro Margaret Thatcher act about 40 years out of tune both politically and gender-wise. If Hillary is elected, she is urged to study the Thatcher years to avoid that model.

In this writer's mind, Senator Warren is the class of the Democratic Party's current two contenders despite her never having entered a primary. And she is just as qualified, if not more, than President Obama was when he ran, successfully, for President. The country has benefitted by Obama's steady hand at the tiller. Senator Warren can do that and she has the fire that was banked in Obama's style. Warren has shown she will not face away from Republicans and will call 'BS' on the Republicans whenever they roll out their blocking and do-nothingness. And Warren will slipthe knife in with style and grace. America has work to do and needs to get moving...America needs a Warren, not a Trump who has figured out how to 'game' the working (now unemployed/underemployed) class, white American, lost-and-drifting, male.

The Democratic Party has high regard and respect for Hillary Clinton. The Democrat Party appears to have reserved for Hillary the woman whom the Party would like to reward as the first woman President of the United States. And Hillary appears to be much more qualified (experience-wise and by intelligence measure) than the apparent Republican Party candidate, Donald Trump. Still,among Democrats, there is a 'But factor' that is surfacing in the minds and discussion about this very critical and important 2016 election - Senator Elizabeth Warren, who is smoother than Mrs Clinton and appears to be more than Trump can handle, TV debate-wise and in the sticky, twisty corners of the social web, i.e., 'Twitter', etc..

'We' (the nation and especially Democrats) know Elizabeth Warren. We have witnessed her consistently high level of work in Washington as a new Senator and after the 2008 economic collapse as a special resource 'loan' from academia (Harvard). We know where she stands on national priorities, especially the economy and the interests of the 'lesser 99%'- the 'Common Good' interests of education, healthcare and especially equitable taxes on the rich and corporations to resolve the current vast and scandalous economic inequality between the upper 1% and the rest of the '99%' of Americans.

Elizabeth Warren appears to be custom-made for this challenge. The post by Pericles21:
Senator Elizabeth Warren seems to be the common, ‘wingman’ denominator in maybe everyone’s ideal presidential ticket — whether ‘Hillary-Warren’ or ‘Sanders-Warren’. Aren’t these associations messages of another reality about our assessment of Warren as a quality person, and when will it come to our minds that ‘President Warren’ makes sense?

However, in the thinking of Pericles21 (myself), there is another perspective to the Democratic Party's options regarding Senator Warren, and that is how best to utilize Senator Warren... if the Party chooses not to run her as the candidate for the Presidency. That is a challenge of choice. To my thinking, Senator Warren is not a resource to be wasted on the Vice Presidency who seems, with all highest regard and appreciation for Joe Biden's knightly service as Vice President (America should have this honorary title), to traditionally reside in the background of most things going on in every administration. (Probably the result of every President's alpha-male proclivity to 'rule the roost'.) Senator Warren should not be lost to America as anyone's closeted Vice President. (And likewise, I would not rest easy with Bernie Sanders experience, wisdom and skills lost to America in the choke-cloak of 'Vice President Sanders'.)

The resolution? Personally speaking, Warren must be 'run' (by the Party 'deciders', who decide all things at that level) as the Presidential candidate or be reserved, with continued stellar service, as a 'senior-qualified' Senator to 'ripen-on-the-vine' for a future presidential campaign...if the country survives because it appears, from the wild but not-completely-a-surprise popularity of faux-populist Trump, America is caught in an ice-flow towards a 'Niagra Falls' collapse of any remaining faith in the ability of the system to balance the scales and pay attention to long-overlooked, taken-for-granted needs of the 'common' citizen, that is to say, 99% of America and that's too high a percentage of Americans who are nearing terminal hurt.

Wednesday, May 4, 2016

Election 2016: The Next American President - America Badly Needs A Woman POTUS (And The Warren Factor)

This post responds to Leslie Salzillo's article on May 3, 2016 in the Dailykos website: "Elizabeth Warren on Donald Trump's Republican win: 'Here's what else is real...'.

First, let's cut right to the core - there has been a lot of proposing various candidate 'tickets' for both parties. As of May8, it appears Donal Trump will be the Republican nominee for President unless, by some expected but not really likely drama from Trump's rivals-proved-Wimps, the Republican Party succeeds in wrestling itself to the mat and excises Trump.

On the other hand, the Democratic Party seems to have a problem of another kind,..but still odd in its way: who perhaps is best to run as Presidential nominee along with Senator Elizabeth Warren as Vice President?

The election picture is kind of upside-down. We first start with Senator Warren, the real deal - genuine, 'you-get-what-you-see', articulate, really pissed off and communicates that without histrionics, deadly on point all the time, un-questionned integrity and believable. Then with that out of the way, we next ponder who will best complement Warren - will it be Bernie Sanders or Hillary Clinton? My point is 'what does this 'logic' tell us?'WHo really are we all agreed on is the best candidate for President?

Second, as for POTUS, there is an 'American Crisis' at hand that needs a new leadership paradigm different from past war-focused, testosterone-driven presidents and chaos. Don't agree? Then just think about the 'why and what' is going on about Donald Trump who is ultimate example of 'out-of-control' testosterone strangeness and threat to darken America's young political history. Trump's 'solutions' are ..'what'...other than loud 'woofing'? Should Trump get into the White House, expect anything but solutions to America's problems.

What is current America? America appears currently almost terminally lost, drifting and dis-functionional. And too many Americans of both political parties share that opinion ...which is why we have the curious phenomenon where Trump and Sanders supporters are seen to be mutually exchangeable should either one drop out (sanders) or be forced out (Trump).

Our oligarchist, facist-capialisteconomy has raped, plundered and ruined the planet and almost completed the same horror on the home front. War-making testosterone, ala Trump, has no real solutions. American needs to lick its self-inflicted wounds and heal. Trump can't do that...but maybe Trump is the bad-tasting medicine America needs to hold its nose from and swallow.


Obama's election was a moment of 'now its your turn', American minorities. (Even tho, imho, Obama doesn't really qualify as an 'American' minority...he just coincidentally shares the same color of many home-grown African-Americans but his social upbringing is not that of an African-American raised in the straight-jacket of American prejudice and discrimination towards African-Americans. Obama's african-american affiliation is more a choice.)

America now, desperately, NEEDS a female POTUS, an intelligent individual with a female sense of 'making things right' and restoring America's social health and confidence. Warren appears to have these qualities, and more ... in Aces.

Bernie Sanders is a kind of 'Alice in Wonderland' furry creature - well-intentioned and harmless but of what real effectiveness?

Hillary, on the other hand, appears to be un-furry but is she real or a retro Margaret Thatcher act about 40 years out of tune both politically and gender-wise. If Hillary is elected, she is urged to study the Thatcher years to avoid that model.

In this writer's mind, Senator Warren is the class of the Democratic Party's current two contenders despite her never having entered a primary. And she is just as qualified, if not more, than President Obama was when he ran, successfully, for President. The country has benefitted by Obama's steady hand at the tiller. Senator Warren can do that and she has the fire that was banked in Obama's style. Warren has shown she will not face away from Republicans and will call 'BS' on the Republicans whenever they roll out their blocking and do-nothingness. And Warren will slipthe knife in with style and grace. America has work to do and needs to get moving...America needs a Warren, not a Trump who has figured out how to 'game' the working (now unemployed/underemployed) class, white American, lost-and-drifting, male.

The Democratic Party has high regard and respect for Hillary Clinton. The Democrat Party appears to have reserved for Hillary the woman whom the Party would like to reward as the first woman President of the United States. And Hillary appears to be much more qualified (experience-wise and by intelligence measure) than the apparent Republican Party candidate, Donald Trump. Still,among Democrats, there is a 'But factor' that is surfacing in the minds and discussion about this very critical and important 2016 election - Senator Elizabeth Warren, who is smoother than Mrs Clinton and appears to be more than Trump can handle, TV debate-wise and in the sticky, twisty corners of the social web, i.e., 'Twitter', etc..

'We' (the nation and especially Democrats) know Elizabeth Warren. We have witnessed her consistently high level of work in Washington as a new Senator and after the 2008 economic collapse as a special resource 'loan' from academia (Harvard). We know where she stands on national priorities, especially the economy and the interests of the 'lesser 99%'- the 'Common Good' interests of education, healthcare and especially equitable taxes on the rich and corporations to resolve the current vast and scandalous economic inequality between the upper 1% and the rest of the '99%' of Americans.

Elizabeth Warren appears to be custom-made for this challenge. The post by Pericles21:
Senator Elizabeth Warren seems to be the common, ‘wingman’ denominator in maybe everyone’s ideal presidential ticket — whether ‘Hillary-Warren’ or ‘Sanders-Warren’. Aren’t these associations messages of another reality about our assessment of Warren as a quality person, and when will it come to our minds that ‘President Warren’ makes sense?

However, in the thinking of Pericles21 (myself), there is another perspective to the Democratic Party's options regarding Senator Warren, and that is how best to utilize Senator Warren... if the Party chooses not to run her as the candidate for the Presidency. That is a challenge of choice. To my thinking, Senator Warren is not a resource to be wasted on the Vice Presidency who seems, with all highest regard and appreciation for Joe Biden's knightly service as Vice President (America should have this honorary title), to traditionally reside in the background of most things going on in every administration. (Probably the result of every President's alpha-male proclivity to 'rule the roost'.) Senator Warren should not be lost to America as anyone's closeted Vice President. (And likewise, I would not rest easy with Bernie Sanders experience, wisdom and skills lost to America in the choke-cloak of 'Vice President Sanders'.)

The resolution? Personally speaking, Warren must be 'run' (by the Party 'deciders', who decide all things at that level) as the Presidential candidate or be reserved, with continued stellar service, as a 'senior-qualified' Senator to 'ripen-on-the-vine' for a future presidential campaign...if the country survives because it appears, from the wild but not-completely-a-surprise popularity of faux-populist Trump, America is caught in an ice-flow towards a 'Niagra Falls' collapse of any remaining faith in the ability of the system to balance the scales and pay attention to long-overlooked, taken-for-granted needs of the 'common' citizen, that is to say, 99% of America and that's too high a percentage of Americans who are nearing terminal hurt.

Friday, March 13, 2009

America and the Globe in Transformation - Update

America is tranforming. Six weeks! In only six weeks, Obama has brought Congress to the world of Twitter and Facebook. Makeover is here. It's happening. It's now! Your ticket for this ride comes with citizenship, so don't get left behind. There is a new President, and a new Congress. There are new infrastructure programs that are not just dreams; they are real and for once, funded. There is a new capitalism; note that capitalism is not dead, it is being repaired and readied to proceed with new freshness and vigor in a better, more coherent, global economic context with an updated American insfrastructure and new industries.

Despite what anyone might say against President Obama, he is very much on the job. Obama is taking care of business no matter what kind of off-the-wall cant comes from the GOP. New Financial Rules are on the way. There has been a heavy investment of energy and time and it is already brnging benefits.

Six weeks! Even Sen. McCain, who last November could not press the buttons on a Blackberry, is now tweating. The weatherization of America is underway. Green Energy programs are starting. The country is changed and emerging from a long tunnel of complacency, self-neglect, lack of innovation and paralysis to a new era.

Tuesday, February 24, 2009

The New York Post Apologizes for Murdering the Chimp and Almost Assassinating

Murdoch made an acceptable apology Feb 24(imho), i.e. clean and simple with no glaring "buts" and other conditionals. Suggestion to Mr. Murdoch - since the buck stops with you, a good idea would seem to be making sure the Post has a diversity of staff and supervisory review to help avoid this kind of incident on the future.

Sunday, February 22, 2009

Hanging Ten on the Recession

This recession is like a ten mile high Tsunami suspended over the lands and most everyone are scurrying around pointing fingers and yelling at each other but only a few are bothering to look up.

Thursday, February 19, 2009

The Stimulus, The New York Post Murders a Chimp, and Incites Assassination of the President

A now controversial February 18, 2009, New York Post cartoon is in my opinion a provocation to assassinate the President of the United States, or at best looks at such assassination as a trivial and deserved act. The cartoon comes off as a crude, racist, 1800's lynch mob incitement to murder that is puzzling and groping, and not what one expects from a 2009, adult, professional American cartoonist, and his editor whose leanings seem to be equally rabid. The best that can be said about the cartoon is the nation just does not need this kind of mocking stupidity especially right or any time. That part of American history is passe.

The cartoon shows New York city policemen shooting and killing a chimpanzee (a recent, real but very unrelated act) then in text bubble having the policement casually link the dead chimp with the author of the Stimulus. Also, there is a sign on a nearby lamp post reading "beware of dog" which is not where such a sign is found, but for crude symbolic reference to race and the civil rights history of police violence on African-Americans it works.

[NYPost link: http://www.google.com/url?sa=U&start=1&q=http://www.nypost.com/delonas/delonas.htm&ei=5xicSc6SLJj-NMHyyaEF&sig2=gGeKKr1k-HlJQzERpJ926Q&usg=AFQjCNFgNgoYZPOkDjvec-zhxl2wwxvPsA]

Even at best, the cartoon earns a 'malicious' badge because the clear intent is to provoke or justify violence with a kind of seventh grade, adolescent snicker. Even for unsubtle thinking it is easy to connect the images as symbolic of killing the President. But hiding at the core of this tale is an irresponsible, troglodyte editor who is rumored to be a 8th level Hoodoo follower and who wears full body, hair suits and rewards special staff (usually this cartoonist) with the privilege of flogging him in his overheated cubicle ofice and ironing his satin hood. The cartoon fails at humor, but succeeds in entering dangerous ground because it equates the President with a murdered chimp and suggests the resolution to the Stimulus debate is assassination. There it is.

The puzzling aspect of the cartoon is that even if one wishes to be generous and give the benefit of doubt to the Post a it is crying to have, the newspaper and its owners come off as ignorant of, or deliberately insensitive to, current national trends and events which are marked by the real efforts of more Americans than ever to move past race baiting. Also, just why would a New York city newspaper want to appear crude, racist, inciting, juvenile, even perhaps criminal. Hmmm, sounds like the New York Post.

Almost immediately, the cartoon appears a deliberate mis-linkage, crudely disguised as humor, intended to convey a message that the champion of the Stimulus, the President who is the central communicator of the Stimulus (and the chimp by racial stereotype), could or should suffer terminal violence...hint, hint?? The 'hinting' is as clear as day, it is the chief device relied on by the cartoonist in his trade craft, and it is a cowardly tactic since the cartoonist and the editor hide behind the white sheet hoods of invoked humor and editorial freedom. To claim the Post was not aware of the symbolism of the cartoon seems to be just another deliberate, irresponsible diversion. Worse,the attempt by the Post to beg off as being a victim of misreading, just comes off as another malicious snicker.

This being a nation of constitutional freedoms those principles are worthy of respect to repect, especially freedom of speech. And that is the rub. The cartoon is an intentional hate expression, of race, disguised under a thin sheet of ignorant and unsubtle political disagreement. The Post should give an apology to at least give the impression it values what is left of its dignity.

Thursday, February 12, 2009

Obama's First Three Weeks - Response to Dan Rather's Complaint, 'Where's the Outrage?'

Reagan, Bush 1, Bush2, republican congresses among these 20 years during which the Republicans were pretty much sucessful in implementing their anti-regulation, free-market (minimal controls) agenda. And during the last 60 days of the previous administration, the chief executive was as busy as a bee underneath that slow exterior planting more executive order land mines to remove as many remaining corporate controls as possible in his final retreat. Now its clean up time.

The miracle is we elected a young, physically fit, mentally quick, grass roots, constitutional trained attorney-scholar to head the cleanup. Three weeks! Let's repeat that...it really seems like the new president has been in office more than a year. He is so in-the-air and 'at it' it seems he has accomplished the impossible, being in several places at once.

There is a thought, though, just extrapolate one more term of the last administration and it is not hard to picture a radically different situation.... vacations, no questioning of bailed out banks and corporations, no explanation of how much and where the bailout money went (still have to fix that, Obama), no congressional input except to rubber stamp....on and on. Three weeks! And so different.

Come on. The new president and his administration of efficient worker bees have been so busy and efficient, the only attack the Repubs can come up with is he likes working in his shirtsleeves!! As if all presidents including Reagan didn't do the same. One can just hope the new president and administration keep up the hard work.
[published originally in The Daily Beast, http://www.thedailybeast.com/blogs-and-stories/2009-02-12/wheres-the-outrage/2/]

Wednesday, February 11, 2009

Bank CEO Testimonies Before House FSC

After looking at Rep Frank's House Financial Services Committe grilling of the TARP CEOs on the morning of February 11, '09, Pericles21 feels the CEOs deserve no heavy blame. Further, at this point, blame talk is pointless. It is simply a bad financial situation that needs fixing. But, the public wants to see the wringing of hands and several kinds of mea culpa. So, the Frank Committee hearings were useful. And so, what now? We are still left with the problem of how to save the financial sector loans from defaulting and homes from foreclosure. That problem will require cleverness and innovation because the solutions will have to go against the ABC's of economics which is bad debt should be dropped and bad businesses should die off as a natural culling process leading to the better health of thebusiness organism. The problem is things have gone so far into badness that bad business represents a major portion of the organism. Letting "bad" die off will be like cutting off a leg to save the foot.