THE UNIVERSAL ECONOMY UNIT XVI: THE MISLEADING USE OF TRADITIONAL ACCOUNTING/ECONOMIC TERMINOLOGY

The U.S. Government never – ever – borrows money. The U.S. Government is never – ever – in debt. Ah, the heresy! How can one make such a ridiculous statement! Look at the National Debt Clock! It’s the end of the world! We’re mortgaging our great, great, great, great grandchildren into infinity! China will own us! It’s the end of the world!!!! Be afraid! Be very afraid! And on and on the insanity goes. But let us ask ourselves - - - since the U.S. Government is the Constitutionally authorized creator of the nation’s money, why on Earth would it ever ...

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Payday Loans

No relief from Wisconsin’s 565 percent payday loan interest under new rules ‘We need better laws,’ says struggling borrower; Wisconsin is one of eight states with no cap on high-interest loans By Bridgit Bowden (Wisconsin Public Radio/Wisconsin Center for Investigative Journalism) Michelle Warne, 73, examines documents from the Check ‘n Go store in Green Bay where she borrowed money in 2014 to buy food. "I had no food in the house at all," she said. "I just couldn't take any more." In 2014, hunger drove Michelle Warne of Green Bay to take out a loan ...

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Quotations

“Our lives begin to end the day we become silent about things that matter.” By Dr.Martin Luther King, Jr. “The reasonable person does what everyone else is doing. The unreasonable person does something completely different. Therefore, all progress is due to the unreasonable.” By George Bernard Shaw “The two most important variables determining the value of research are the questions that are asked and how the results are interpreted and applied, Neither of these are determined by science; both are determined by the paradigm, the logic and the ...

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Vigil to End Gun Violence

Friday, December 14 is the Vigil to End Gun Violence. YWCA 613 N. 5th Street, Wausau, WI, 54403 6:30 p.m. This vigil will call for common sense measures to reduce gun deaths and injuries in our nation. This vigil will honor all victims and survivors of gun violence, and shine a light on the epidemic of gun violence in our country. December 14 marks six years since the massacre at Sandy Hook Elementary School in Newtown, CT where 20 children and 6 educators were killed. YWCA of Wausau is partnering with the Newtown Foundation, Moms Demand Action for Gun ...

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WHAT DOES FOXCONN MEAN TO ME?

“Hard to wrap my head around,” the woman shared as she considered Foxconn. Just what do big budget decisions mean to us? Work has begun on crafting the next state budget. Over the next few months, this work will continue in earnest. One hefty unbudgeted expense added to upcoming budget math is a large taxpayer funded payment to a foreign corporation. Foxconn is the Taiwanese company building a manufacturing plant in southeast Wisconsin. To lure the company to our state, majority lawmakers and the governor created the largest state corporate give-away in American ...

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THE UNIVERSAL ECONOMY UNIT XV: THE CRITICAL NEED FOR WAGE EARNING AMERICANS TO UNDERSTAND THE FEDERAL GOVERNMENT “DEFICIT”

It was the same fairytale spouted by President Ronald Reagan when he sold us the con-job of “trickle down” economics - - - “cutting taxes for the rich and corporations will lead to an economic boom, government revenue will increase, and everyone will live happily ever after.” Unfortunately, fairytales aren’t true and when congress once again cut taxes for the rich at the end of 2017, the result was the same as it has always been (and what the politicians voting for it know full well it will be). It Grew the Federal Government Deficit. But when it comes to ...

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Harvard-Trained Toxicologist, Stephen Lester, Critiques State DHS Dioxin Assessment of Riverside Park & Thomas St. Neighborhood

VIEW MORE INFORMATION ON THE CITIZENS FOR A CLEAN WAUSAU GROUP'S WEBSITE, CLEANWAUSAU.COM INFORMATION ON STEPHEN LESTER Biographical Source Information Courtesy of CHEJ • Master of Science degree in Toxicology from Harvard University • Second Master of Science degree in Environmental Health from New York University (NYU) • Bachelor of Science degree in Biology from American University • Mr. Lester has served on numerous scientific advisory and peer review committees including those of the Natural Resource Council of the National Academy of Sciences, the ...

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Santa Claus and the Grinch

The annual Federal Government “deficit,” is the difference between the money Congress orders the US Treasury to create out of nowhere to spend into the economy and the money the US Internal Revenue Service removes from the economy through taxes. The Federal Government must operate in a “deficit” or there will be no money circulating in the economy to conduct private business. The “deficit” is a number on the Treasury’s computer screen. Nothing more. Since 2016 the Republican Party has been in full control of our federal government. They own the Presidency ...

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Canada Adopts Carbon Fee & Dividend

By Citizen Climate Lobby Carbon fee and dividend, the solution to tackle climate change proposed by Citizens’ Climate Lobby, has emerged as the default policy in Canada to price carbon and reduce the greenhouse gas emissions contributing to global warming. Beginning in 2019, Canada’s federal policy will put a rising fee on carbon emissions and return the revenue directly to Canadians. The federal policy is a backstop to cover the four provinces that have not initiated their own carbon-pricing policies. Nearly half of Canadians live in these provinces. “For ...

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VOTE NOVEMBER 6TH

Vote Tuesday, November 6, in this very important election. You can vote early. Check with your local municipal clerk’s office. Remember to bring your voter ID. You can use your driver’s license or your passport. If you need a voter ID, you can get one free at your local DMV (Department of Motor Vehicles). In Wisconsin, you have the right to leave work to vote. You must tell your employer at least a day in advance. You can take up to 3 hours of unpaid time off. Your employer can set the time for you to leave work. Remember, it is the law in Wisconsin ...

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