Dylan Ratigan discusses Trade, Taxes and Banking laws, the main causes of job loss

Dylan Ratigan states that there are three main reasons for the lack of jobs: Trade, Taxes, and Banking.

To create real jobs, a country must have more money coming in than going out. But we have the exact opposite, with much more money going out that we have coming in. Until we reverse that trillion-dollar trend, it is mathematically impossible to create sustainable jobs.
Politicians talk a lot about jobs, but they do very little to change trade, taxes and banking to promote American jobs. Ratigan offers three short videos to indicate what American politicians need to do to promote Trade, Taxes and Banking to halt the "extraction" of American wealth and jobs. Here is a condensed version of the above, Dylan Ratigan's somewhat famous "rant."

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As Texas burns, Rick Perry doesn’t want to talk free-market philosophy

The hypocrisy is pointed out by The Young Turks: Here's what Perry did to the fire-fighting budget:

The wildfires threatening Dunkerley and her neighbors are being met by an inadequately funded response team. Back in May, Texas Gov. Rick Perry (R) signed a budget presented by the state legislature that cut funding for the state agency in charge of combating such blazes. The Texas Forest Service's funding was sliced from $117.7 million to $83 million. More devastating cuts hit the assistance grants to volunteer fire departments around the state. Those grants were slashed 55 percent from $30 million per year in 2010 and 2011 to $13.5 million per year in 2012 and 2013. Those cuts are effective now.
Apparently, the "free market" isn't enough to fight these fires. "Perry has now asked President Obama for a disaster declaration which, if granted, would help the state by paying for 75% of the firefighting costs. Rick Perry has vilified "government." He thinks that good things will simply happen, despite the lack of government organization and funding. This is a position contradicted by ubiquitous evidence, including the fires now raging around Rick Perry. His free market fundamentalism, bereft of evidence, is a dangerous religious belief. To be clear, I'm not advocating big government, per se. I understand Rick Perry's concern about large-scale government reallocation schemes, but the answer is not to completely dismantle government. I'm advocating smart government. We should reallocate tax money we are currently wasting (e.g., much of the military budget, corn ethanol, propping up too-big-to-fail-megabanks) and we should put it into things that really work to benefit the citizens and strengthen the economy (e.g., energy conservation, sustainable energy and early childhood education).

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The cost of insatiable U.S. warmongering

What are the real costs of the U.S. invasions of Iraq and Afghanistan? At Project Syndicate, Economist Joseph Stiglitz sizes both up the numbers and some of the intangibles:

[W]hen Linda Bilmes and I calculated America’s war costs three years ago, the conservative tally was $3-5 trillion. Since then, the costs have mounted further. With almost 50% of returning troops eligible to receive some level of disability payment, and more than 600,000 treated so far in veterans’ medical facilities, we now estimate that future disability payments and health-care costs will total $600-900 billion. But the social costs, reflected in veteran suicides (which have topped 18 per day in recent years) and family breakups, are incalculable.

These are stunning numbers.  By the way, I never believed the government lies about why these "wars" were necessary. No one asked my opinion as to whether we should go to war.  But nonetheless, if I pay my fair share, what is my cost for my country's decade-long military adventures?

Increased defense spending, together with the Bush tax cuts, is a key reason why America went from a fiscal surplus of 2% of GDP when Bush was elected to its parlous deficit and debt position today. Direct government spending on those wars so far amounts to roughly $2 trillion – $17,000 for every US household – with bills yet to be received increasing this amount by more than 50%.

I haven't take a poll, but I'd bet that virtually every taxpaying American family  would rather have that $17,000 back; in fact, I'd bet almost all of them would rather, if they could, reallocate that money to any one of thousands of far worthier causes (e.g., a local school or research for a medical cure or buying books for a library), than to have that money finance Middle East military invasions. The next time a politician-hawk suggests that we ought to invade Iran, he or she should be required to go on national TV first, to present a PowerPoint presentation illustrating these massive costs set forth by Mr. Stiglitz, as well as presenting a long slide show.  That show would include photos of all of the U.S. soldiers killed in Afghanistan and Iraq.   1,648 U.S. soldiers have died because of our invasion of Afghanistan and 4,4,70  U.S. soldiers have died in Iraq so far. Maybe the politician wouldn't actually have time to show a slide of each dead U.S. soldier.  So, perhaps, this morbid slide show, in the name of expediency, should show the faces of 25 dead U.S. soldiers per slide.  Certainly, we'll want to keep each slide of 25 dead soldiers up on the screen for at least a couple minutes per slide, and there will be 244 slides.   That means it will take eight hours to show the faces of all of the dead U.S. soldiers who were fighting for our "freedom."  If you want to show photos of all the wounded too, you'd be in for a much longer slide show.  13,447 U.S. soldiers have been wounded in Afghanistan.  More than 150,000 U.S. soldiers are receiving disability payments as a result of serving in Iraq. That slide show should also include photos of all of those American families who are missing a parent-soldier or a child-soldier.  And interviews of the surviving family members of each of the soldiers who have committed suicide; there have been 1,000 of these soldier-suicides during the Iraq-Afghanistan invasions. And any worthwhile slide show should include at least a few thousand photos of the Iraqi and Afghanistan parents and children killed by any weapons, including U.S. bombs, bullets and drones in Afghanistan and Iraq.  And the slide show really needs to include photos of thousands of American schools back home, all of them in desperate need of repair because the districts can't afford the repairs.  the show should also include photos of millions of Americans out of work because of our reprehensible priorities under George W. Bush and Barack Obama.   For the grand finale, the slide show should include photos of thousands of excellent projects that went un-built (e.g., sustainable energy projects) due to lack of funds that went, instead, to insatiable U.S. warmongering.

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Small businesses: regulations are a GOOD thing

McClatchy interviewed small businesses, and was suppressed to hear that they are not complaining about being overly-regulated.  Rather, they complain about the cost of insurance, the uncertainty of the market and, in the case of brick and mortar stores, the brutal competition caused by the internet.  McClatchy did not hear from small business owners that government regulations were killing jobs.

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