[SIDEBAR: I found some of the following interesting definitions for demagogue online: “A politician who arouses fervor by appealing to the lowest emotions of a mass audience, such as fear, hatred and greed.” “A political leader who seeks support by appealing to popular passions and prejudices.” “Charismatic leaders willing to use emotionally-manipulative appeals coupled with simplistic and subjective explanations to mobilize constituencies.”]
David Crosthwait holds 39 patents in the United States, and 80 patents internationally. Most of his patents are for inventions that control temperature.
He created the heating system for Radio City Music Hall and Rockerfeller Center.
“No snowflake in an avalanche ever feels responsible.” -Voltaire
Hyperinflation is a condition in which the rate of inflation is in an uncontrollable advancing state. When inflation exceeds several hundred or several thousand percentage points, hyperinflation is in effect, and a country’s money becomes greatly devalued. In this state, the price of goods also rise sky high, causing a currency’s purchasing power to plummet.
The U.S. dollar has yet to fall victim to hyperinflation.
When a country is hit with hyperinflation, the barter system is likely to become more beneficial than the standard medium of exchange.
Dr. Martin Luther King Jr. reportedly skipped both the 9th and 12th grades.
He joined Morehouse College’s freshman class at the age of 15.
“Without debate, without criticism, no administration and no country can succeed- and no republic can survive.” -John F. Kennedy
“Go put your creed into your deed.” -Ralph Waldo Emerson
“Investors are rational people, and they are not fooled by the government’s printing-press scam. They simply do not want to be paid back with weaker dollars. Therefore, they only have confidence in the U.S. economy when unemployment is high enough to offset the debasing effects on the currency of the circulation of more dollar notes of debt.
In my opinion, this policy has placed our country on an unsustainable path because it ignores the mandate to invest in the future. Officially, the government strives for a sluggish 2 percent annual growth.
Why is the government deliberately stunting the growth of the American economy? ‘Because we’re in a growth tunnel,’ says economist Lester Thurow. And the ceiling and the floor of this growth tunnel are bound by federal debt. For example, if output continued to grow at 4.8 percent annually, the hidden structural flaw in our economy would become apparent to the public. The process of inflationary printing would be exposed, as would maintaining enough joblessness among the poor to protect investments of the wealthy. Also, if the output of the rest of the world is growing about 2 percent, the United States would suck in so many imports that our trade deficit would soar. Professor Thurow says that with that kind of trade deficit problem, at some point ‘the dollar falls out of bed’ and causes hyperinflation of American assets. Therefore, our debt limits us with a growth ceiling.
The floor is made up of another kind of debt problem, Thurow says. For example, if our overdue recession occurs in 1998, Latin American, which sells most of its exports to the United States, will not earn enough to pay the interest on its debt. Latin America would default and, as a result, the ten largest banks in the United States would be technically bankrupt.
America’s dilemma: Both the ceiling debt problem and the floor debt problem in our economy’s growth tunnel lead to hyperinflation and ultimately a national disaster.
We lost 28 percent of our standard of living during the Great Depression of 1929. The loss I am describing will be four times as big as the biggest recession since World War II. Poor and marginal families will be hit even harder. To put it mildly, it will be an industrial-size mess. And that means is being intentionally created in the name of fighting inflation.” -From, “Empower The People” By: Tony Brown
“The prediction that the United States economy will collapse in 1998 may be off by a few months or even years, but a total collapse is inevitable. It is just a matter of time. Facts, such we have seen, do not lie and cannot be legislated out of existence.
Out of what will be a horrible period for the world will come great opportunities for the accumulation of wealth and for spiritual growth. Wealth will not disappear; it will just change hands.” -From, “Empower The People” By: Tony Brown
In 1989, Dr. Philip Emeagwali won the Gordon Bell Prize for his work with computers. He won this award by programming a computer to compute a world record 3.1 billion calculations per second. Dr. Emeagwali is also a prolific inventor whose inventions include the hyperball computer.
