Normalize relations with Cuba. I will personally lead an effort
in the House to normalize relations with Cuba, including cessation of
current embargoes and sanctions against the Cuban government and its
people. Since the Kennedy administration
50 years ago, the Bay of Pigs fiasco and Kennedy’s ill-advised campaign of
subversion and sabotage directed against Cuba
in the 1960s and its aftermath, Cuba
and the United States have
been unnecessarily alienated simply because Cuba
had adopted a socialist regime and despite early Cuban overtures to be a
trading partner with the United
States.
Upon passage of a resolution to normalize relationships between the two
countries, I would be delighted to join a contingent of congressional
legislators to meet with President Raoul Castro as a first step towards
establishing dialogues towards that end.
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Opposition to nuclear
proliferation;
reduction of the U.S.
strategic nuclear weapons arsenal; gradual U.S. disarmament as an impetus for
nuclear disarmament worldwide
The United States
spends hundreds of millions of dollars each year in the development and
maintenance of the world’s largest arsenal of nuclear weapons. Despite thousand of nuclear warheads and a
capability of destroy every major foreign city and the planet many times over,
the United States
persists in investing in weaponry with limited application. Perhaps the two largest problems we face
globally are nuclear weapons and climate change. For the U.S., abolishing nuclear weapons
and preserving the planet should be imperative matters of national
security. But, by keeping an oversized
strategic arsenal in readiness at great expense to American taxpayers and by
insisting that the dropping of two atomic weapons in 1945 was morally
justified, the U.S.
creates an atmosphere that nuclear weapons have a legitimate role in
international politics. At the end of
the Cold War, the U.S.
had a stockpile of about 23,000 nuclear weapons gradually reduced to 5,736
warheads by 2007. At face value, this
reduction seems more than a token gesture until one ponders what conceivable
targets would require more than 100 warheads to destroy. America must come to terms with a
leadership role in influencing other nations to reduce rather than develop or
expand their nuclear capabilities.
Given current military technology, I believe we are fast approaching a
time when the U.S. can deter
other nuclear-armed states, like Russia
and China,
without itself relying on nuclear weapons.
Modern conventional weapons possess highly lethal, accurate and
responsive second-strike capabilities.
Furthermore, we have shown the world only too well our lack of reticence
to deploy first strike capabilities in Iraq,
Afghanistan, Yemen,
etc. Precision conventional weapons are
also, unfortunately, usable and a more credible deterrent than nuclear
weaponry, which carries the moral implications of Hiroshima and Nagasaki, thus
far only successfully defied by one nation in history.
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While I
conclude that sanctions, if necessary, should be imposed against Iran to dissuade development of nuclear weapons,
I do not support the kind of brutal sanctions which denied Saddam Hussein’s Iraq medical
supplies and other imports critical to the well-being of its citizenry. According to our own CIA approximately 1
million innocent Iraqi men, women and children were killed in the space of
those sanctions. Similar sanctions
against Iran will only
coalesce favorable U.S.
sentiments in Iran
with unfavorable attitudes motivated by suffering. Although the revolutionary
guards appear to be in control of the country, many Iranian citizens still
remember and respect the United States
for building universities and hospitals in Iran
prior to 1953 when, as a favor to Great Britain,
U.S. subversives overthrew a
democracy, headed by Iran’s
Prime Minister Mohammad Mossadegh, and installed the now infamous Shah of
Iran. That produced favorable oil prices
for Great Britain and set
into motion a series of events culminating in the largely theocratic government
now in Iran.
Sanctions must be restricted to those which adversely effect the Iranian
government without making the general populace suffer.
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Those, who
already propose preemptive air strikes, are courting folly and flirting with
another military black hole. Given that
Iranian facilities reportedly have been built in bunkers below ground and
spread around the countryside in anticipation of U.S.
and Israeli air strikes, diplomacy may still be our best course of action to
limit nuclear research in Iran
to power generation and not weaponry.
The diplomatic lines of communication must be left open at all times.
Even the West’s master theorist of war and advocate of “total war,” Karl von
Clausewitz, once argued that even after hostilities have commenced it is
desirable to keep some channels of communication open among belligerents;
failure to establish diplomatic ties in peacetime was, he thought, inexcusable.
Although I
was a young lad at the time, I can still recall the newspaper headlines in
1960, “Israel Has the Bomb!” During the
Eisenhower and Kennedy administrations, Israel repeatedly gave assurances
to the international community that any Israeli forays into nuclear research
were strictly for energy purposes. Of
course, that was not the case, much to the consternation of Israel’s Middle East neighbors, particularly Egypt at the
time. It is my position that the best
diplomatic strategy to dissuade nuclear weapon production by Iran is to
convince Israel to reduce its nuclear arsenal and to work with the United
Nations towards a nuclear free Middle East.
The U.S. should set
the tone for disarmament by making major reductions in its own nuclear
storehouse and thereby convincing Israel to do the same. Because U.S.
policy has long advocated massive nuclear arsenals and weapons superiority to
deter adversaries, imagined or real, it is understandable, if equally
misguided, that Iran
might take a similar approach. Many
other nations, taking America’s
lead, have followed that suit. It is time
for the U.S.
to promote nuclear disarmament by playing a different hand.
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End corporate welfare.
Restore those regulations to Wall Street, which had stabilized our
economy from the Great Depression through the Reagan era, including full
reinstatement of the Glass-Steagall Act.
Provide taxpayers with tools to end corporate welfare – subsidies,
giveaways, bailouts and waste. End
corporate personhood by fighting for constitutional amendments, which revisit
and overrule Santa Clara
County v. Southern Pacific
Railroad (1886). Subordinate corporate
power to sovereignties of the people by using federal charters with clear
social contracts, and by supporting neighborhood businesses and guilds of local
economies. Crack down on corporate crime
and close off-shore reincorporation tax loopholes as well as ban government
contracts and subsidies for companies that pollute or relocate headquarters to
offshore tax havens. Audit the Federal
Reserve.
The
rights, liberties and economic well-being of over 300 million Americans have
been eroded by the demands of roughly 1,500 mega-corporations, resulting in an
increase in Washington
lobbyists from 3,470 in 1976 to currently over 35,000. The economic situation in the United States
today reveals a huge and ever-widening gap in wealth distribution. The hemorrhaging of American jobs is turning
our economic crisis into a political one, and, should we again make the mistake
of electing more democrats and republicans into office in November, thinking
they can beat back the waves with continued corporate concessions, the street
protests and riots now prevalent in Turkey, Greece, Latvia and Iceland will
become commonplace in the U.S., as well.
If we are going to bring about progressive change it must be through
structural changes. If the corporate
structure is going to be challenged, then we must challenge the two-party
system. The financial bailout is
indicative of how two-party/corporate politics is destroying the nation. It does not bother with structural or
systemic changes at all. Congress has
decided to work within the same failed financial system. Consequently, the very people who helped
create the failures were put in charge of their resolution. Understandably, but regrettably, they do not
discuss ideas, issues or meaningful reform.
There is no major effort to think outside the box.
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As a consequence, in the third quarter of 2009,
JP Morgan Chase and Goldman Sachs reported $3.6 billion and $3.2 billion in
profits, respectively. The Wall Street
Journal has reported that major U.S.
banks and securities firms paid their employees a record high $140 billon in
2009. Goldman Sachs alone will pay $23
billion in bonuses just one year after tax payer funds kept that firm from
going under. For the average working man
and woman in America
circumstances are much different. Nearly
940,000 homes received default notices or were repossessed by banks in the
third quarter of 2009 alone, up 11 percent from the previous quarter and 23
percent from a year earlier. Foreclosure
filings are at record levels. Real
unemployment is over 18%, and one third of American workers (50 million people)
make less than ten dollars per hour while CEOs of mega-corporations make
$10,000/hour. Top economic advisor
Lawrence Summers has overseen transfer of trillions of dollars in loans, loan
guarantees and cash infusions to Wall Street firms he formerly
represented. Treasury Secretary Timothy
Geithner has presided over hundreds of billions in government bailouts to the
biggest financial institutions and protected criminally gargantuan executive
salaries and bonuses
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While
congress lets the foxes watch the henhouse, the former chairman of AIG, Maurice
Greenberg, has concluded that the 170 billion dollar congressional effort to
bail out that firm has failed, and the company should have been allowed to file
Chapter 11 and restructure. While the
Federal Reserve has reported that U.S. households lost over $5
trillion or nearly 10% of their combined wealth in 2008, it has become clear
that a capitalistic bankruptcy on Wall Street has come close to bankrupting our
socialist, governmental intervention.
All this has gone on with the tacit approval of both democrats and
republicans in congress. Some, who saw
that the train had already left the station, decided to seduce votes in 2008 by
voting against T.A.R.P., knowing full well that the legislation would pass and
doing nothing to convince other congressmen to vote against the measure. They were on the train and did not pull the
emergency cord; they simply did not get their ticket punched. Seventy
Wall Street and corporate lobbyists per
congressman is a ratio of influence peddling which guarantees democrat and
republican incumbents will not prioritize interests of average citizens over
banks, investment firms and corporations.
As a Green Party congressman, however, should lobbyists come knocking on
my door, I will kick them down the hall to the nearest democrat or republican!
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William
Black, former bank regulator at the Federal Savings and Loan Insurance Company,
described our current economic crisis as the result of “endemic fraud” on the
part of the financial industries perpetrated with the aid of nearly all sectors
of government. Current “reform” efforts
on derivatives (i.e., contracts that acquire value from market values of
securities to which they are linked and are used to gamble on market
fluctuations or to insure against losses) exempt virtually all of the most
problematic derivatives. Black also
concludes that foreclosures, while topping all records, are actually very low
compared to delinquent payments. Many
such delinquencies are not officially counted as foreclosures to understate
losses, and these fraudulent accounting processes have helped make a false case
for unprecedented executive bonuses. Accordingly,
the banks involved may be deeply insolvent and continuing to lose money, but on
the eve of yet another crisis when interest rates rebound (an inevitability),
congress has done nothing to correct the problem.
Since the
Great Depression, attempts to reform “rogue capitalism” have either failed or
been reversed to enable profit motives, rather than the common good, to drive
production. To investigate the 1929
crash, FDR’s Senate established the Pecora Commission which exposed high levels
of criminality and led to many regulations and reforms, including the
Glass-Steagall Act of 1933, designed to protect depositors from high-risk
speculation be separating commercial banks from investment banks. Glass-Steagall also established the FDIC to
insure the former but not the latter.
After decades of buying off democrats and republicans with $300 million
in lobbying efforts, the Clinton
administration signed into law the Financial Services Modernization Act and
repealed Glass-Steagall in 1999.
Unregulated speculation, accounting scams among savings and loan
businesses, 30 to 1 leveraging of assets devoid of capital, and bundling
bad-risk mortgages enabled banks to fraudulently claim rates of growth
exceeding 50% each year. When investors
flooded high returns with ephemeral capital, the bubble inflated. When it burst, well over 1,000 banks failed
at a cost to the American tax payer of $125 billion.
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I believe
we are faced with yet another, more devastating economic crisis, directly
attributable to unhampered insider relations of congress and Wall Street.
Dangerously rogue capitalistic profiteering has remained unfettered because it
has been linked to democrats and republicans retaining their seats. If elected to congress, I will expose that
relationship on the floor of the House of Representatives. If Wall Street collapses again, we will not
be able to raise another $3 or $4 trillion to bail-out the system, even if we
were foolish enough to do so. Our
commitments now total over $12 trillion, and an $800 billion limit was placed
on the Federal Reserve. If congress
operates under the false assumption that some banks, largely the result of
unregulated mergers, are “too big to fail,” then I will lead the fight to break
them up, just as Teddy Roosevelt had done with Standard Oil and other
mega-corporations. I also will make a
priority the immediate and full reinstatement of Glass-Steagall and other
safeguards against another Wall Street collapse.
By the end
of the Vietnam War, after costs of that war eroded the war on poverty and LBJ’s
Great Society, and we began to reach the peak and predicted decline in domestic
oil production around the early 1970s, the U.S. transformed from a producer to
a consumer. Two people in most
households began to work to maintain that consumptive lifestyle, the credit
card was invented, and Americans began to borrow much more than they could
afford to maintain a profligate lifestyle.
We began to use force to satiate our thirst for cheap oil and other
resources domestically unsustainable.
The decline started after WWII when we had 2/3 of the globe’s gold
reserves and over half of the world’s manufacturing capacity, in large part to
rebuilding of European and Asian factories demolished by the war. American manufacturing accounted for 1/3 of
world exports. Foreign trade was very
positive, and imports were less than half of American exports. Less than 30 years later, all those tables
had turnd. The bombed-out foreign factories had been replaced by
state-of-the-art technologies designed to out-compete American manufacturers.
Manufacturing jobs are declining fast in America, and the total public debt
is over $11 trillion.
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That
economic vulnerability (households, and ultimately our nation, unable to live
within their means) has been a structural problem which has enabled bankers,
speculators and investment brokers to take America’s financial system
hostage. Collaborators in the abduction
have been globalization (e.g., NAFTA, which has driven 2 million Mexican
farmers from their land and often to our borders since 1994) and the
deregulation of Wall Street. During the
Clinton years,
democrats leaped into bed with corporations and Wall Street speculators, using
Fannie Mae and Freddie Mac as ill-disguised slush funds. Consequently, more and more private capital
becomes concentrated into fewer and fewer hands. Technological advancements, such as the
computer, combined with greater and greater division of labor, generate larger
units of production at the expense of smaller businesses. Einstein recognized this trend in 1949 when
he wrote about the dangers of legislative bodies being selected “by political
parties, largely financed or otherwise influenced by private capitalists who,
for all practical purposes, separate the electorate from the legislature.” As a consequence, so-called representatives
of the people do not protect the interests of the underprivileged. Unsurprisingly, salaries for the lower 90
percent of American workers, when adjusted for inflation, continue to decline
in the United States,
while corporate profits continue skyrocket.
Over 50 million Americans are categorized as poor while tens of millions
more are in a state of virtual poverty once taxes and other deductions are
taken from their paychecks. If elected
to congress, I will fight to reverse that trend and to strengthen those public
and private institutions designed to safeguard workers, which every congress
since Ronald Reagan, motivated by corporate campaign donations, has actively or
tacitly jeopardized.
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With democrat and republican
parties obligingly concerned with re-election, first and foremost, American
government has shifted power away from the people and directly to economic and
social interest groups (e.g., military, medical and Wall Street corporations). Likewise, we have seen erasures of boundaries
between public and private interests historically paralleled by Germany and Italy in the early twentieth
century. The working class has borrowed
itself into debt to make up for drops in wages.
The national treasury, burdening the backs of taxpayers, is being
drained for corporate welfare. The
moment China, oil-rich
nations and international investors stop buying U.S. Treasury bonds, the U.S.
dollar will go the way of Confederate money when England stopped buying cotton bonds
during the American Civil War. If the
dollar loses much of its value, the manias of gross national product,
unsustainable growth, consumer goods and comfortable life style will no longer
provide the diversions necessary to induce passivity. The beleaguered
population will be forced to face the worsening reality. Then traditional
standards and roles of government will likely undergo a transformation and not
for the better. Our two-party government
has already resorted to fraud to retain power and manipulate the
electorate. In time of severe economic
crisis and social strife more stringent measures will be employed. There are
many systemic failures which account for this tenuous time in our history, not
the least of which is a two-party political system sustained by and indentured
to corporate money. That is one reason I
ask for your vote in November.
Otherwise, we have no hope of accomplishing the structural and systemic
changes needed to right the ship of state.
If we sift through the ruins of powerful civilizations and examine
causes of their decay, one common denominator has been retention of power by a
privileged and corrupt minority with no qualms about achieving personal gains
at the cost of the common good, a preference for short-term benefits of the
elite over the long-term benefits of the majority. That dangerous choice has already been made
by democrats and republicans in congress, elected time and time again not by
the power of ideas but by the power of money, campaign donations from the
corporate elite. Reversing our national
fortunes requires systemic changes only feasible through the election of third
party representatives in congress. As
the Green Party candidate in this 2nd Connecticut Congressional District, I
submit to you that I am the best person for that job.
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