Wednesday, May 27, 2026

America 250 Continuing Thoughts

 For the 250th birthday of America, let's reflect on a great point from Ken Burns American Revolution, 5 minutes before the end of Episode 2. Burns quotes the last sentence of the Declaration of Independence:

"And to support this Declaration, with reliance on Protection from Providence, we mutually pledge to each other our Lives, our Fortunes, and our Sacred Honor."

I'll wager not too many Americans have read that last sentence and asked the question: where is the money supposed to stay? Right here, in this nation, for the benefit of everyone. A second point: why do Pennsylvania and Virginia, two of the colonies, and Kentucky, the 15th state, have the term "Commonwealth" in their titles? Again, the money, the wealth, should stay right here in this country for the benefit of everyone. 

Think about why we have fast food restaurants and coffee chains traded on Wall Street. It's like picking out one shanty and installing a gold domed roof on it. Why make US salary structure top heavy with CEOs, executive boards, stock prices, and offshore tax havens? 

I can see delisting from Wall Street fast food restaurant chains and coffee chains. What is the least academic degree it takes to one them? Limit them to state level only, because there is no STEM involved in running them. A spreadsheet and a 12 item supply chain should suffice. Pay the workers. 

When Raygun came up with the notion of "Trickle Down" economics, Wall Street was definitely part of the United States. While Republicans are busy "owning the libs," the libs should know that Wall Street should NOT be exempt from trickle down economics. The Wall Street gains should trickle down to the states, on a rotating basis, instead of going to offshore tax havens, stock buybacks, CEO salaries. Common sense to a Democrat, because when it comes to "trickle down," New York City is part of the United States. 

Same for Members of Congress: the lobbyists monies should not stay in their pockets. The monies should trickle down to the states: to heads of households to lift them above the poverty level. To augment $7 minimum wage. To augment SNAP benefits. To augment Walmart workers where Walmart is the largest employer in the state. Trickle down for everyone. I disagree with Mike Johnson that Members of Congress should be allowed insider trading in the stock market because $174K salary is a tough go for paying for living in Washington, DC. Let the Members of Congress live on $174K and otherwise: leave, go home to their districts, server their constituents: schools, unemployment lines, staff bus driving, help with academic advising and subject mastery in schools. 

"And to support this Declaration, with reliance on Protection from Providence, we mutually pledge to each other our Lives, our Fortunes, and our Sacred Honor."

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