Where is America in 2012

with David Brooks, Amy Gutmann, Thomas L. Friedman, Jon Meacham and Tom Brokaw
in History, Current Affairs
on Thursday, November 8, 2012 * * * * *

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A rebroadcast of a discussion about America in 2012 with Amy Gutmann, President, the University of Pennsylvania; David Brooks of The New York Times; Jon Meacham, Executive Editor and Executive Vice President at Random House; Thomas L. Friedman of The New York Times; and Tom Brokaw of NBC

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Keywords:
Obama
Romney
election
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President
middle class
economy
money
America
healthcare
jobs
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Joe Biden

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    1. MisterMittster  11/24/2012 02:14 PM Report

      ... Now, the difference, instead of Jim Jones pushing the Kool Aid. It's Donald Trump, in love with his own urine, he thinks it tastes like Coca-Cola. Which makes me wonder, about his sanity, and/or his physical health.

      Neil! Don't Drink The Urine! It's a Lie! Step Away From Urine! Don't Drink the Urine! .. It's OK! You Just Need An Intervention! Before It's Too Late! And Turn into a midget version of Donald Trump! ... It's NOT a Life You Would Want!!! Trust Me!!!!!!!!!

    2. MisterMittster  11/24/2012 02:05 PM Report

      Thank You, Max; For that most illuminating link.

      What did you think of it, Neil?

      Did you learn anything? Or, Is Everything still Obama's fault.?.

      'The Anti-ChristObama Cult', is a tough nut to crack. (That's CULT, with a C U L T). No different, than the Moonies, and the Jim Jones debacacle.

    3. Max83  11/21/2012 03:03 PM Report

      I just discovered this gem of a conversation last night. Most of you probably have seen it already. I am just sharing it for those of you who have not seen it yet.

      Two of my favorite public figures in the world:

      A Conversation on the Economy with Joe Stiglitz and Paul Krugman

      Youtube Video Link: https://www.youtube.com/watch?v=xd0Uz__ebzA

      ''What do you get when you put two of the most well known and most widely cited economists in the world, both Nobel laureates, on stage together? A healthy dose of economic reality.

      That's what happened Tuesday night at the Fashion Institute of Technology's Haft Auditorium in New York City at an INET-sponsored event featuring Paul Krugman and Joseph Stiglitz in a "Conversation on the State of the Economy," moderated by INET Executive Director Rob Johnson.''

    4. MisterMittster  11/20/2012 06:29 PM Report

      ...Uncle Sean Hannity, has some good advice for you tonight.

      He sez, "Don't get mad, just be a Fool" "cry, piss, and moan about "redistribution".

      In other words, "Be a retard, like him"

    5. MisterMittster  11/20/2012 06:22 PM Report

      Ha Ha! Me, Sock Puppet!?!

      Neil,

      your intuition fails you again. I am The Great, Doodahdaze! a.k.a. doodah.

      Now! The reality for You and all Americans is that the deficit is so high, Because, the republicans deregulated the financial industry to the point of pre-Great Depression era times that decimated the economy to the WORST recession Since The Great Depression (And we still aint out of the woods Yet!). THAT in combination with so-called conservatives in the government/defense contracting business are looting the American public equal to the looting that Wall Street just pulled.

      You are a Fool to believe anything else.

      Now! March in step!

      Hut To! Hut To!

    6. NeilMacCallister  11/18/2012 01:55 AM Report

      Dear (cowardly hooded) Sock Puppet,

      Thank you for confirming that you Obama voters always scurry under rat shavings to avoid reality -- and it's responsibilities for ourselves, and it's consequences for our children.

      You MUST know that Barack Obama's deficits are 2,3, and 4 times higher than ANYTHING that George Bush -- or any other President in the history of America -- ever posted!

      And yet you vote for him, ..and lie for him (as you did right here!)

      Fine, ..Barack Obama's 'Future for America' is now: "Poverty".

      Bon Appetit!

    7. MisterMittster  11/15/2012 07:17 PM Report

      @ NeilMacCallister 11/11/2012 01:34 AM

      "Why?", "Why?" you ask.

      I'll tell you why, I , a CONSERVATIVE voted for Barack Obama (America's Dolly Lama). Because we (America) does NOT NEED another 'Department of Homeland Security' (a TRILLION Dollar Burocracy created by Repugnantcans posing as conservatives)(sissys dressed in wolves clothes). Because President Obama is going to cut 2 TRILLION Dollars out of the debt from the so-called 'defense budget' that the DOD isn't even asking for, that the the fraudulent government contractors are trying to steal from right out of our noses. They're all right wing sabre rattlers, yet they got their hands so far in Uncle Sam's pockets they've got him by the balls. This is what they do for a living!

      It's about time they go get a real job and see what it's like to really work; like real conservatives do.

      Unless, of course, you think that's money well spent, because the Boogie man might get you if we don't waste all that money. That's what so-called conservatives think, Republicans. That's what Romney wanted to continue to do; He never said it was a problem, he was quite happy to continue with the fraud and pissing the conservatives money away on the Boogy man.

    8. Max83  11/14/2012 04:09 PM Report

      I posted this brilliant conversation with Charlie Munger here on the comment in four different places last night and all 4 posts were deleted or are not showing up, so I am posting it again because I feel this video contains very important and very truthful and very clear information that needs to be shared with more people:

      A Conversation with Charlie Munger

      Youtube video link: https://www.youtube.com/watch?v=Pph3Bg8Pihg

      ''The vice chairman of Berkshire Hathaway shares his insight and wisdom at a Ross School of Business event.''

    9. output-based-money  11/12/2012 09:51 PM Report

      My site at http://why-now.us

      is progressing. It considers this discussion http://www.charlierose.com/view/interview/12648

      Where is America in 2012

      Described as

      A rebroadcast of a discussion about America in 2012 with Amy Gutmann, President, the University of Pennsylvania; David Brooks of The New York Times; Jon Meacham, Executive Editor and Executive Vice President at Random House; Thomas L. Friedman of The New York Times; and Tom Brokaw of NBC

      to be an inspiration we can trust.

    10. SharkswithfrikingLazers  11/11/2012 05:11 PM Report

      Next four years?

      What about approval for the last four years?

      At 3:30 tears of a President:

      http://youtu.be/pBK2rfZt32g

      Who wants to be President with the Republican party trying to cancel out your work as soon as they get elected, not to mention the death threats and all the "nigger" tweets?

    11. output-based-money  11/11/2012 03:36 PM Report

      John Gelles says (this software has screwed up my name):

      Think about your debt, especially your mortgage. If you earned enough to pay it off quickly, you would soon have money in the bank not debt to upset you. The system could easily adjust to such result. The total system needs to be rationalized to allow money backed by things to buy reach consumers as fast as production reaches the shelves.

      Put the IRS to work helping America organize production not twist itself into a pretzel to avoid ridiculous taxes on income, gain or wealth.

      You don't get it? Did the Indian tribes have an IRS or unemployment before Europeans stole their land? It is too late to change history. But there is still time for America to finance improvement of every measure of human excellence and happiness. You gold bugs and hard cases, get lost. Be like Benjamin Franklin or Abraham Lincoln. Lesser men have not offered doctrine worth your time.

    12. output-based-money  11/11/2012 03:24 PM Report

      Output Based Money or Keynes Without Debt is the silver bullet we look for. There is no excuse for our failure to create an ESA Economic Security Agency as comprehensive as the NSA when it comes to data bases and intelligence on how to secure our freedom and best values.

      Admittedly the war on drugs is a bummer. Our jails are a disgrace. Our unemployment is a crime against our people.

      Join me in a new forum to bring some sense to our President whose fear of deficits and budgets is sad and stupid. Down with all taxes against the 50% who have nothing at all and the higher 45% who have far less than they can afford give up. Only the Top 5 % can afford any taxes -- and they ought not pay either. Luxury sales taxes may be common sensical -- but what we really need is huge government investment in everything the private sector leaves undone that America cannot live without -- like defense against evil and ignorance.

    13. NeilMacCallister  11/11/2012 01:34 AM Report

      Hah! ..you Democrats here have such BRILLIANT discussions!!!

      May I see a count of hands??? ..How many of you voted for Barack Obama???

      Wow!! ..ALL OF YOU???????

      That's incredible!!! ..Please!!! ..Could any of you actually tell me why?????

      ***

      Obama supporters are either thieves (.."Keep taking that money, you government cronies!"), masochists (.."Please Mr. Obama, hurt us all real bad, I want to make sure that guy over THERE suffers!!"), or certifiably insane (..One lady told me today, "Barack Obama had more experience being President than Mitt Romney"!!!!)

      Wow!! ..Can you BELIEVE it?????

    14. finalfantasytown  11/11/2012 12:53 AM Report

      Charlie, just before I write the following paragraph, it is satisfying that I find out the pattern I differentiate into, naturally, with clear purpose in the next phase. Also with some questions I want to understand.

      I am astonished that unconsciously I repeatedly emphasize on accomplishment of Trojan War and form of Free country of United States. But I don't think it is decline. Keep positive and keep plus. You are solution feeling cold when losing energy. Current disappointment and hopelessness are just illusion in your mind when feeling cold in heart. You will be satisfied when swallowing materials/substances which are being modified. It's paying the price or debt for previous wrong doings.

      Charlie, what your pattern in the next phase is. We are still not enemy in the next phase, even in Trojan War I think. But when will we become enemy with each other? And why do I ask this question?

      For final fantasy

    15. Ricardo_Amaral  11/10/2012 06:47 PM Report

      Gelles, I prefer your name Gelles as your screen name here on this forum instead of “OBM” which also could mean “Outstanding Bowel Movement.

      .

    16. MisterMittster  11/10/2012 12:45 PM Report

      Now! On to the Matter(output) here. First thing we should do is kill ALL the lawyers!

      After we do that, kill all the sales and marketing people. etc.

    17. MisterMittster  11/10/2012 12:40 PM Report

      "output-based-moolah".?.

      Gee, where have I heard that before?.

      John Gelles? Is that You?, John Gelles(is where I dwellis)? You?! Is it?! ... if it is, My God! You're a Legend Around Here! You old codger You!

    18. output-based-money  11/10/2012 01:59 AM Report

      http://www.amazon.com/forum/economics/

      The above forum and its archive has virtually no frequent action. If serious comment on political economy found its way there, we might have a policy wiki hosted by Amazon.

    19. output-based-money  11/10/2012 01:54 AM Report

      Bullis:

      Would you like to post to Amazon's economics forum as an initial policy wiki? I will post its address in a moment.

    20. output-based-money  11/10/2012 01:50 AM Report

      The time has come for the President to suggest we change the I R Code to allow small business to deduct all its re-invested profits (to grow the business) from its taxable income. A small business should not pay income tax or tax on any gains as though such taxes did not hurt the public interest in middle class survival and increasing output to prevent inflation.

    21. output-based-money  11/10/2012 01:38 AM Report

      Dear Jim Bullis: OBM is John Gelles. I prefer real names to aliases -- but the latter serves to reduce egomania. I explained my years of using "Gelles" were terminated by mistake after my old computer collapsed.

      As to the Bullis idea for irrigation and that ideas's merit for jobs, money supply, and future production -- I'm fully in agreement with its author.

      In my mind at the time I posted the 11/09/2012 04:48 PM comment, I was intending to say this to acknowledge the Bullis wisdom. I'm sorry I failed to get this out of my head and into the posting.

      Energy, water, jobs, education, anti-poverty, anti-homelessness, etc., are all opportunities for a policy wiki to promote. Welcome Bullis to this archive as a purveyor of practical advice to this audience, nation and planet.

    22. SharkswithfrikingLazers  11/09/2012 11:42 PM Report

      Charlie, here is a 12 point action plan that was also in Parade Magazine on Sunday: http://www.nolabels.org/work

      This would help America--probably more than what was said in this panel discussion.

      This is an action plan.

    23. JimBullis  11/09/2012 08:58 PM Report

      So what Mr. outputbasedmoney is 'wiki-policy opportunity'. I am guessing that universal irrigation would qualify. Huh?

      The kind of advances enabled by communications/information systems have been seen to not do much to actually increase productivity, though like the stimulus, where would things be without at least this.

      My point is that simpler enterprises based on much expanded agriculture could do far more for the economy.

    24. output-based-money  11/09/2012 04:54 PM Report

      My tiny start at http://why-now.us may have to be curtailed. The archive here, at Amazon, and many more altruistic networks, may be better than what I have been doing with GO-DADDY domains and hosting. The digital-mobile databases in a score of clouds may be a better answer.

    25. output-based-money  11/09/2012 04:48 PM Report

      This program raised the real issues: jobs, growth, poverty (one aspect of radical inequality), environmental damage, market malfunction, and lastly hyper-inflation caused by a money system constrained by unpayable obligations (often including mortgages and debt).

      The brighter side of revolutionary practice driving biology, new materials and the communications/information systems we have advanced so fast, has not been adequately discussed. These signs of progress outweigh all contrary indicators.

      What we need is wiki-policy opportunities; these will create the industrial might to keep us the leader of the WEST for another millenium or longer.

      Ricardo -- get off your soap box and try to see the light. The tea party will retreat as we learn to replace private debt with cash in the banks of every town an city.

    26. JimBullis  11/09/2012 01:56 PM Report

      As I listened to various opinions about whether our country was poised for greatness or in slow decline the remark by Tom Brokaw stood out where he said something like, "Immigrants came from all over to plant their hopes and dreams in American soil."

      The trend of the discussion was oriented toward hopes and dreams based on our education system and our innovative spirit and such.

      With a little dose of pessimism, we might see less to be excited about in education where cost is outrageous and, I am sorry to say, quality is questionable. Is there a strong sense of historical perspective, especially in regard to the importance of being ruled by law rather than kings? Are the standards of competence sufficiently general as to enable broad thinking as opposed to narrow focus on computer software.

      We also might be concerned about how much our innovation is based on communication which is strongly focused on entertainment, and though there are benefits to the world of manufacturing, there is something lacking when it comes to actual productivity.

      The Tom Brokaw comment though brought up the problem of available soil which was the historical reason for immigration. Sadly, where family farms once were the standard, now there is large scale farm consolidation, so wealth has become much concentrated and soil for planting of hopes and dreams is mostly the realm of big machinery.

      And in California the family farm system is something that never was, where the massive land grants from Spanish kings led to massive factory farms. Agriculture in California involved much land that was seriously under-used so that not much notice was given to the fact that a very few owned most of the land. The very effective distribution of water however enabled this land to become highly productive farms. So now there is even greater concentration of wealth, and the extensive hand labor involved is mostly done by illegal immigrants that are key to how the system functions.

      Health and safety protection, and even justice, is minimal for these workers. Observing these conditions led to realization that there has been little interest even in applying industrial technology to the task of making equipment that would make the work reasonable for people to do, for after all, as long as there are people so poor that they are willing to risk their health, why spend anything to change things.

      And after all, much of the health care is simply that the worker no longer able to work returns to Mexico after maybe some access to emergency room health care. And many others work their way into more satisfactory jobs and thus become the large population of illegal immigrants. And now we have more people available to work than there are jobs for them to do.

      It would be great if there was more available land for people to plant their hopes and dreams. Maybe we could even have policies that encouraged farm sizes that were somewhat fitting for more individual owners.

      Like no other country, we have vast areas of under-used land. Most of this exists due to lack of water. An innovative country might consider establishing water distribution infrastructure that would enable universal irrigation. This could lead to an enormous boost in our national productivity.

      Maybe we could make something of that?

    27. Ricardo_Amaral  11/09/2012 10:45 AM Report

      After watching the 20 Republican Party debates where they trashed each other - my only surprised is that Mitt Romney did as well as he did in the final days.

      I thought the November 2012 election was over for the Republicans right after the last Republican Party debate.

      By the way, here is my blog that I posted on Blogger in the early morning of November 5, 2012:

      Here is why Mitt Romney lost the presidential election of November 2012.

      http://hereiswhymittromneylosttheelection.blogspot.com/

      .

    28. Ricardo_Amaral  11/09/2012 10:37 AM Report

      http://www.elitetrader.com/vb/showthread.php?s=&postid=3624965&highlight=political+system+in+Brazil+m any+parties#post3624965

      April 29, 2012

      SouthAmerica: The article said: “According to a report this week by the Pew Hispanic Center, the net flow of migrants from Mexico to the US has ground to a halt and may even have reversed after decades during which about 12m Mexicans moved to the US – as many as half of them without immigration papers.”

      When even the Mexicans are returning home that means that today the US has an imploding economy that is nothing to write home about it.

      The other day the Financial Times had another article about the exodus of well educated people (human capital with master degrees, and PhD's) who are returning to the countries where their parents came from – we are talking about 100's of thousands of very well educated young human capital who are leaving the United States because they think the best days of the US economy is long gone.

      The standard of living in Brazil is in the way up for a fast growing middle class in that country – contrast that with the declining standard of living in the United States that is heading south very fast – for example: in the last 10 years over 30 million people moved up to the middle class in Brazil, and at the same time the food-stamp program for destitute people in the United States grew by another 30 million people.

      *****

      November 13, 2010

      SouthAmerica: Reply to The1

      ...The US economy had a complete meltdown and collapsed in 2008. And since that time the US economy has been on intensive care, the patient still is in a coma, and have been kept alive by massive US government intervention, massive US government guarantees, by major Wall Street bailouts, by fudging the books with accounting shenanigans - and the new economic recovery is based on a lot of wishful thinking, and also on the economy that does not exist anymore including all the pieces of Wall Street that went out of business, the thousands of auto dealerships and automobile plants that closed down - and now the Republicans are expecting that all these businesses that don't exist anymore are going to come back from the dead, and they will start hiring people again to help with the economic recovery here in the United States.

      The US economy is finish - the US economic system is in a lot worse shape than most people realized.

      The US economy is in critical condition with very high unemployment, which is going to get worse in the coming years - the truth is the US economy is spinning completely out of control and imploding.

      The human capital (the well educated people with higher levels of education) is leaving the United States at an alarming rate and going to places where there's some kind of future for them such as Brazil, India, China, and so on...(In 2008 alone 100,000 Indians went to India and this new generation who are leaving the country are made up of a very well educated people with PhD's and other science degrees these are the guys who start the high-tech companies in Silicon Valley and in other parts of the USA. The reason they are leaving the US and going to India, it's because they think the future is going to be created there and not in the United States.)

      The mainstream media here in the United States never say a word on this subject, but in the last 3 years the United States had reverse illegal immigration - that means that there are more illegal immigrants leaving the United States than illegal immigrants coming in - the net loss of illegal immigrants has been around 2 million people during that period – and you can see what is happening with this reverse illegal immigration not only by the exodus that has been happening around the communities where these illegal immigrants used to live, but also in the large decline of the amount of money that these illegal immigrants used to send home to help their families.

      This trend of reverse immigration has not happened in the United States in a long time probably in over 100 years. These reverse illegal immigration is the “canary in the coal mine” and represents a major alert signal to the implosion that is happening inside the US economy, since these illegal immigrants are the type of people who would take any type of job to survive and to help their families.

      As I mentioned to you the US economy can't create jobs and the real unemployment rate is much higher than the official figures.

      But today, the political landscape is changing for the worse in the United States with the latest election - with the major political parties splitting the US Congress and at this critical turning point in US history the current president of the United States will not be able to do anything in the next 2 years. We are going to have a complete paralysis in Washington at a time when what is left of the US economy is imploding, self-destructing, and in critical condition.

      And don't forget that at a time of this major economic decline the baby boomers are going to put even more pressure on the system, since for now on every year the US government has to carry about an extra 3 million people, and pay the costs related to Social Security, Medicare, Medicaid, and so on. The number of people depending on these government entitlements is growing very fast from 40 million people to 72 million people in a very short period of time.

      Every place you look at you can see signs of massive decline of the US economy. The Shuttle space program is having its final voyage into space in the coming weeks then NASA is laying-off thousands of high power scientists in Florida, and in California – and keep in mind that NASA has been for a long time one of the symbols of American advanced technology – this NASA implosion it's just another sign of American decline and that the American economic system has become completely obsolete.

      Today I realized the United States economy has reached the end of the line, and now it's just a matter of time for the rest of the world to arrive to the same conclusion.

      The implosion of the economy of declining empires happen much faster today than in the past - today it happens at the speed of light.

      On top of all that we have had millions of jobs lost to new technology – there are more jobs that got replaced by new technology than people realized – and these jobs will never return to the US or the global economy.

      .

    29. Ricardo_Amaral  11/09/2012 10:36 AM Report

      You can read the entire posting at:

      http://www.elitetrader.com/vb/showthread.php?s=&postid=3598085&highlight=political+reform#post3598085

      August 14, 2012

      SouthAmerica: Here is some information that I posted on the ET economic forum about 6 years ago regarding this subject as follows:

      CBS – “60 Minutes” – We Reached a Critical Point for the United States Economy

      http://www.elitetrader.com/vb/showt...id&pagenumber=1

      September 1, 2006

      SouthAmerica: ...Instead of wasting trillions of borrowed US dollars (borrowed from the other countries around the world) to wage wars around the world – the United States government should instead focus its attention and resources to a more important matter related to the future of the United States – “The Ageing of America.”

      Looking at strategies to deal with aging America it is by far a better use for all this borrowed money than used it to wage wars in foreign lands.

      Why we are at a critical point regarding this ageing issue in the USA?

      The issue is critical because the baby boomers — those born between 1946 and 1964 — began turning 60 this year and are rapidly approaching retirement age. By 2030, the number of people over age 65 in the United States will exceed 72 million — double the number in the year 2000. And with possible breakthroughs in science and technologies the number of Americans over age 65 can be even higher by 2030 – maybe as high as 75 million people.

      The American mainstream media is doing a lousy job as usual and they are not raising the red flag to show to the American people this major shift in population age that is under way...

      .

    30. Ricardo_Amaral  11/09/2012 10:34 AM Report

      The future of the United States includes...

      http://www.elitetrader.com/vb/showthread.php?s=&postid=2494096&highlight=two+wings+of+the+same+bird#p ost2494096

      July 7, 2009

      SouthAmerica: On Sunday I attended a birthday party for my nephew. He just turned 31 years old.

      They invited about 30 of his friends most of his friends were age around 30 years old.

      At one point I was a silent observer of the conversation of 5 or 6 of his friends, they were talking about what they think about the United States (my nephew did not take part of the conversation he has no interest in politics anyway) – these kids were all American kids – I was surprised by the subject of their conversation.

      Basically they think that the United States is in a massive mess in many ways, and they think that the only way to fix this country it is if the US becomes a dictatorship ruled by a strongman.

      They were saying it would take a good dictator about 4 or 5 years to straighten out this country. But one of the guys said the only problem with dictators is that you place them in power for 4 or 5 years and they end up staying 20 years.

      They were mad about the total mess that their generation is inheriting from the prior generation; they were angry with the Wall Street, the banking system and corporate greed and exploitation. Among other things they were really pissed by the increase of interest rates that they got on their credit cards and all the fees that the banks are coming up with.

      I did not say a word and I was thinking were these kids are getting these ideas from? Why they think that way? Were they are getting their information to come up with solutions like that?

      All of these guys had at least a college education, the fellow who was the biggest supporter for the dictatorship concept he is 30 years old and he is very prosperous he started a company in the web when he was 17 years old and he has been doing very well financially ever since that time. He is a very smart kid, a very hard worker, and his company is doing very well even during this hard times that we have been going through.

      I am sorry I just listened to their conversation and I did not ask them some questions such as:

      1) Why they think that way?

      2) What kind of communication system they were using to come up with these ideas such as television programs, books that they were reading, information on this subject that they found in the internet, opinions of family members that were influencing their thinking and so on…?

      3) How many of their friends think that way?

      4) In the case of choosing a dictator who they had in mind to be the leader of this American dictatorship?

      5) What they expected this dictator to do and in which specific areas?

      6) Why they felt that only a dictatorship system can save the future of this country?

      ********

      The conversation of these guys from a younger generation surprised me in many ways since what we lack in the United States is real democracy – we have a system of two wings of the same bird.

      The US needs a system of at least 4 or 5 major political parties.

      I wonder what percentage of the US population are feeling the same way as these kids today?

      .

    31. Ricardo_Amaral  11/09/2012 10:33 AM Report

      Disconnecting the United States and South America

      http://www.elitetrader.com/vb/showthread.php?s=&postid=2003017&highlight=two+wings+of+the+same+bird#p ost2003017

      July 22, 2008

      SouthAmerica: A front page story on A Folha de Sao Paulo – a major newspaper in Brazil – said that the United States Department of State spent US$ 95, 000 trying to influence political reform in Brazil.

      What Americans can’t grasp is that their political system is the one that is completely obsolete and broken.

      We don’t need the American version of democracy - the US model better known as the two wings of the same bird.

      .