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March 1, 2017 | Sorry, Donald – ‘Evil can not be eliminated with counter Evil’!

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian:

Image result for trumps speech tonight

Great speech by the Donald last night. His presentation will go down as very Presidential and positive. But were his core ideas (on select issues) sound logic and philosophy? Can he actually create a New America with his core ideas? Let’s take his view on ISIS to start. The Donald desires to eliminate ISIS from the face of our planet. His method is to use military means to accomplish this objective. Can this actually work! I would suggest, absolutely NO. Evil can not be eliminated with counter Evil. The Donald is misguided IMO.

We now have some 6000 years of prior history on this planet where Might has been used to eliminate perceived Evil from the ‘other’. Here we are in 2017 and ‘evil’ is still present. Yes, ISIS does ‘evil’ acts. So did Hitler. So did Mao. So did Truman. Terrorism is an ‘evil’ act. But what is Counter-terrorism? If I use military might to eliminate perceived ‘evil’, I will set in motion another form of ‘evil’ with my counter-terrorism behavior. A negative action will eventually create a counter negative action. This is human nature. The ‘means’ does not work, Mr. President!

ISIS is essentially an ‘ideology’ not a thing which I can bomb out of existence. ISIS has a belief system (spiritual ‘ideas’) which motivates them to action. Ideas can not be eliminated with bombs, drones, guns, or any form of military might. If I kill all the current members of ‘evil’ (ISIS) in one venue, the ‘ideas’ will continue in another venue. The problem with the Donald’s philosophy is that ‘ideas’ can not be eliminated by killing a few members (flesh and blood) of the ‘ideology’. See history for our evidence.

Another idea of the Donald was spending some $1 trillion for infrastructure projects. In today’s world of ‘digital’ money this should not be a problem. Our private Central bank (the Fed) could create this $1,000,000,000,000 with the stroke of a computer key. Money today is a cyber unit which has no physical existence in space/time. So creating the $1 trillion (assume a bond as collateral) is no problem for our digital Central bank. We have witnessed all the QE operations (2008 – 2017) and this reveals that creating trillions is a mere punch of a computer key. But what does this mindset lead to (longer term)?

The problem is not the $trillions but the morality of this money creation procedure. The Donald stated that some $3 trillion of value has emerged since his election. This $3 trillion was mostly stock market digits (value) pumped into these electronic markets by select traders. It was not real goods or real wealth…which is real economics, but phony cyber ‘digits’. Again, the morality of this imaginary wealth creation is the real problem for the Donald and his economic team. What are they going to do about our imaginary monetary system (now living within cyberspace)? Was this issue addressed? I don’t think so!

The issue of creating ‘fair’ trade was another issue which the Donald presented in his speech to the nation last night. Fair trade, however, is nearly impossible today given the nature of our cyber monetary system (now global). Our currency unit, the dollar, is a unit of nothing and this means that it floats and changes (in value) with each trade transaction. Fairness is impossible given the nature of our current cyber trading system. Measurement of ‘value’ is impossible given our current system of floating/cyber/imaginary currencies. Notice what is happening in real-time within all our electronic index markets. Instability is everywhere! Bubbles are everywhere!

What about building the WALL along the 1000 mile border with Mexico. Is this going to work in a world of globalization and the world-wide internet? I don’t think so! I can find many alternative means to get into the USA given that so many leaders today reject this ‘idea’ of the Donald. A WALL sounds secure but a drone flying above this wall could transport me from Mexico into the USA. If I have friends within the USA to help me when I arrive then this WALL is not going to accomplish its intended objective. Walls and iron curtains did not work over in Germany (after WW II) nor in Israel (today), so does the Donald have a plan that can work in 2017 on our southern border? I don’t think so! His logic is unsound!

The final idea of the Donald which I suggest will not work is this concept of ‘making America great again’. The concept of returning to a history of the remote past does not seem feasible given the nature of today’s global society. We now live in a global economic society and a global communication society. Smart phones rule over our current economic system and our communication. Digital communication and digital data transfer is now a global affair. Trading of economic goods/services is a global affair. Traveling is a global affair. Pricing goods and services is a global affair. Central banks now rule over all our cyber markets. I don’t think going back to the remote past is feasible! What we need is a NEW MODEL for economics and politics!

The current global internet system means that all nations are now interconnected and intertwined. A web of computers now connects everyone. The world has become ONE extended marketplace of ideas, goods, services, and relationships. This will not change given what has evolved these past 70 years. All the core ideas of the Donald assume that we can all go back in time and live in a world of the past. This seems unrealistic to me and I think the Donald will discover similar in a few months. The speech tonight was a great presentation but the implementation of his ideas is the problem IMO. Enjoy! I am:

P.S. As I finish this missive our DOW index is UP some 255 points to 21,059. What caused this jump in the index? Think traders who are betting on a huge growth in our economy. Central banks may also be pushing the index UP. All this hype is temporary IMO. Nothing has changed in real terms and our DEBT has not decreased. Those on Food Stamps has not decreased. Those in poverty has not decreased. Our DEFICITS have not decreased. All the positive psychology is an ‘inner’ reaction to HOPE and CHANGE. Will this positive change emerge? I don’t think so! Problems are real and do not disappear because a speech is given by our President. Watch as events continue to develop. A problem must be dealt with to resolve the problem. Is this happening?

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March 1st, 2017

Posted In: Kingdom Economics

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