204E Frame and

Piketty, Thomas French EConomist, a brilliant

mind, and hob nobs with socialist progressives.

Keynesians and the rest. Recently he was

intellectually honest enough to retract one

area Marginal Productivity Theory.

I'm going to leave that to the economics majors

in the Gulch. And touch only on a few points

heavily used or even more heavily not used by

Lakoff.

The first is the accelerating wealth gap. This

Gap is the seeming movement of money to the

most wealthy as a percentage of total wealth

and from the least wealthy as a percentage of

wealth.

First a review.

Money is a tool in whatever form wampum or

gold coins that is used to store productivity

derived from work and is acceptable as a trade

of the value of that work for the value of the

work of another.


Wealth is anything in excess of current need.

Two kinds. Stored for known debts such as next

months electric bill or next years expected tax

bill. Second used to fund education or

retirement or invest as hedge against

inflation.

Simple but accurate.

I have an income of $2,000 US as month from my

first retirement. After living expenses it

leaves not too much for investment. However i

have a second career driving ships all over the

world. it pays after taxes two times

retirement after taxes. I invest that portion

or along the way have invested in something

other than direct work. I also have no food,

shelter, medical bills as a result of said

employmemt.

I own a dwelling and have a sort of medicale

care program (at least I used to.)

At the advise of two people I sell off my

investments (stocks in Starbucks and Microsoft)

and move the money out of the country in a

legal fashion still as investment and no taxes

due.

so..far...so...good.

Until the government goes bankrupt or has a

Great Recession.

Suddenly my retirement income from both

Military and Social Security which doubled me

to $4,000 after taxes is worth about $2800 in

buying power and I no longer get to sleep, eat,

and medicate on board ship and no longer have

no transport costs.

Answer move to Latin America where my buying

power increases to about $5000 a month when

compared to US prices. But in US terms I'm

below $3,000

Same thing happens to the richest people in the

world who funnily enough are all but a few

Socialist capitalists. The difference is I

have less income from other sources, and had

less resources to invest.

So let's up the figures to that of Bill Gates.

Capitalist Entrepreneur, big time Democrat and

newly avowed supporter of socialism.

Prior to the Great Recession he was worth a bit

over 40 Billion as compared to my $4,000 his

after tax buying power shrunk to 28 billion

same as any one elses. Except he could only eat

so much so....call it 30 billion. He didnt

move south of the border but 2008 to 2015 he is

now at 65 Billion.

That is accelerated wealth spread except the

total value of the wealth is stil recovering to

through the 30% loss of buying power barrier.

$2800 compared to 45billion 500 million. As

compared to my 5,000 add six zeros for a

second.

The wealth gap...probably closed. But only

because I moved south of the border.

Sorry about that Bill.....

For those who remained north of the

border...you are soooooooo...BOHICA'd

That applies to his boss George Soros at a mere

8 billion, Peter Lewis at 7 billion and who

knows what Ted Turner the second largest

acreage landowner in the US is worth or any of

the Hollywood airheads who belong to that

group. More than you or I for sure.

And they are all secular progressives. Lakoff

himself is a lackey when it comes to his

bosses. But then intellectual ability is often

paid at it's level of value.


Back to Framing The Elephant'


In the US, according to Lackof in 1976, the top

one percent had 19.9 percent of the wealth. In

2010 35.4%, in 2010 the top FIVE per cent had

63% of the wealth (wonder why the switch?) the

top 20 percent had 88.9% leaving the bottom 80%

with 11.1%. The six members of the Walton

Family have a net worth of more than 41

billion. (Would have been less but the

youngest was killed in a hang glider accident

and also was a fully qualifed member of US Army

Special Forces.) Little side note nowhere does

it say the wealthy cannot serve in the

military.

This should serve to bring you up to date on

the wage price spiral and the inflation,

devaluation, debt repudiation cycle.
Inflation does not mean a greater pie to slice

it means more air in the pastry. Somehow lakof

puts this to political reasons stating the

economic figures are reflected in the one man

one vote figures lessening their value. Well

only because his buddy Soros is out buying

votes.

Systemic effects such and Greater political

leverage and greater control of discourse lead

to greater control over others.

Certainly when the countries richest

billionaires almost all Democrats are out

buying votes.

Lackoff cries out against the ReInvestment

Wealth vs Productive wealth. The first is that

used by Public Employees and Union Retirement

Funds the latter is that made sufficient to

current need with no excess wealth greater than

current need.)

This leads somehow to the effect of productive

work. (Blue collar vs white collar) and

ordinary solutions are inadequate (a call for

complete control of the economy) and bemoans

the runaway loss of experience (you really

think I'm going to stay hell no I'm going to

go.)

Nothing much there except so far Thomas Piketty

besides being introduced has contributed

nothing quotable. Until we get to a major sub-

headline Piketty and global warming- only to

subside into more Lakoff. So I won't bore you

with that over again. Nor with the 'intertwined

system of framing where Piketty is again

thrust aside, but it makes a good page marker

if nothing else.

Net reason for Piketty? More pages, bigger

book, more sales. More $$$ in Lakoff's pocket

for little return to the reader.

Next up Government by Corporation.

If you want to skip the next part it's short

version is he is attempting to distance the

Socalist Corporatists such as Soros and Lewis

and now Gates from the Socialist Statists such

as Hillary, Obama, Bush, Clinton, and Bush

But in fairness I will review it anyway.

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