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The 350 Austin Individual Guide to Fossil Fuel Free Investing

Preface

When investing for fossil fuel free growth and income in the stock, bond markets, remember nothing is guaranteed - and investment trends change as life (economics, politics, and our climate) moves forward.

The key to investing is to do your research using at least some of the tools made available here - as well as other reliable financial information sources that do not work off of greed and fear.

For example, DO NOT listen to what the business cable channels like CNBC or Fox Business recommends. They are simply marketing channels for money management firms.

Also, be open-minded, flexible, and try to keep your money as liquid as possible - except when you can’t - like when investing in your employer's payroll reduction retirement plan (401K, 403b, and 457 programs) that have limitations on investment choices.

Furthermor, regarding your payroll-reduction retirement plans, whenever possible, if you leave employment you should almost always initiate a tax free transfer of your vested payroll reduction retirement plan money to an individual rollover IRA (unless you plan to return to the same employer at a later time).

Basic Rules of both profitable and prudent “Fossil Fuel Free” Investing:

It is important to understand and integrate the following rules of investing – simple rules that have proven to be reliable 80% to 90% of the time:

1. When the global stock markets are in a “bull market” uptrend, it means that “growth stock” mutual funds and ETFs (electronically traded mutual funds) are usually the best asset class to be invested in.

“Growth” means being invested primarily in the areas of 1) technology, 2) Industrials, 3) consumer discretionary, 4) biotechnology, and 5) financials (keep in mind the larger publicly-traded financial firms invest in fossil fuel companies and projects).

By default, these “growth” sectors of the global economy are also the most fossil fuel free areas to consider for your investment money.

2. The defensive investment areas (or “sectors”) of the economy are 1) health care (ex-biotech), 2) consumer staples, 3) materials, 4) utilities, and 5) energy (mostly fossil fuel companies).

Obviously, the highest percentage of fossil fuel holdings are going to be in the energy and utilities sectors, with the latter using coal and "transitional" natural gas to power their utility plants.

Research shows that almost 50% of all utility companies use large amounts of coal or natural gas to power their energy production for the communities they serve.

3. In many cases, “social responsible investing” – or SRI investing - does not necessarily mean “fossil fuel free.”

Be aware that some fossil fuel free mutual funds may very well have questionable “social value” companies within their portfolio of investments, including the investment banks that mindlessly fund the polluters and pipeline companies (JP Morgan Chase is a prime example) - or companies that promote or support homophobic legislation (e.g. Cracker Barrel, Urban Outfitters, etc.) or legislation that denies responsible adult women their reproductive health care choices. 

Additionally, never assume that an investment firm that has been endorsed by an organization you trust is as "pure" as they say they are. This warning can even apply to the national 350.Org and its adopted financial research partners.

Always do your own research with every investment you are considering. Read between the lines and cross-reference your sources.

4. Don’t be fooled by the so-called “increased safety” of income producing, dividend-paying stock mutual funds.

Fact: When the stock markets are headed down, dividend paying mutual funds will also decline. Additionally, dividend paying investments do not do well in a rising interest rate economic climate, unlike some "growth" sectors. 

On the other hand, growth stock mutual funds go up much more than dividend-paying stock mutual funds when the markets are in a “bull market" uptrend. 

Additionally, most of the world’s biggest polluters pay “nice” dividends to their shareholders. Hence dividend-paying mutual funds are more likely to be riddled with fossil fuel stocks that you will want to avoid.

It is useful to know that in most cases, “value” focused mutual funds are often just another name for dividend paying investments - also with a much higher concentration of fossil fuel investment holdings.

Again, do your research. And expect a normal short learning curve re: fossil fuel free investing. It can be fun and financially rewarding - as well as empowering.

Part 1: Fossil Fuel Free and Renewable Energy Investment Portfolios

Given the basic investment tenets described above, the most accessible fossil fuel free investing vehicles will be available in these investment vehicles:

1) ETFs (electronically traded funds);

2) individual stocks;

3) Yieldco’s (portfolios of structured renewable energy utilities generating high income);

4) traditional mutual funds (aka “open-end funds”) in payroll reduction retirement plans;

5) debt instruments issued by renewable energy focused assets (bonds); or

6) a combination of all the above.

Other than the more risky and volatile individual stocks, the best investments for renewable energy self-management investing are ETFs (a list of fossil fuel free ETFs and some specific renewable energy focused ETFs are provided below).

For employer-sponsored payroll reduction retirement programs such as 401k / 403b / 457 plans, investing in traditional “open end mutual funds” are the norm.

Here is a partial list of some widely used fossil free investment vehicles for 350 Austin members and supporters:

U.S. Fossil Fuel Free Investments with Fund Symbol & Category:

QQQ - Nasdaq 100

IWF - Russell 1000 Growth

IVW - S&P 500 Growth

VIG - Vanguard Dividend Growth

IWP - Mid-Cap Growth

IJT - Small-Cap Growth

GCEQX - Green Century Equity

GCBLX - Green Century Balanced  

XLK - Technology 

XLV - Health Care

XLI - Industrials

IBB - Biotechnology 

VNQ - Real Estate

PBW - Clean Energy (diversified)

TAN - Solar Energy

FAN - Wind Energy

GRID - Smart Utility Technology

Fossil Fuel Free Europe / Asia Investments:

FIEUX - Europe (Fidelity)

HEDG - Europe Equity

SCZ - Developed Eurasia Small- Cap

MASGX - Asia ESG (Matthews)

Note: For reliable investment risk aversion, all publicly-traded investments should always be “technically” screened for the "14 Week RSI Above or Below 50" rule (see Part 2).

P
art 2: Maximizing “fossil fuel free” investment profits - and how to reduce investment risk and volatility:

First and foremost, to be a smarter, better-informed investor, try to learn some rudimentary knowledge of investment technical analysis. The global investment profession (which an individual investor wants to replicate using one’s own sane economic and social values) use technical analysis more and more due to the following recent economic trends:

(1) the global macroeconomic money movement shift of international financial leadership away from the U.S. to Europe and Asia;

(2) a counter-resurgence of anti-nationalist economic policies that again focuses on a saner redistribution of wealth - which includes reversing growing income inequality, xenophobic scapegoating, and neofascist pro-elitist tax policies;

(3) the proliferation of global high frequency computerized trading by huge financial firms.

Second, if you don’t have time to learn technical analysis due to your busy lifestyle, follow two simple technical analysis investment rules:

1) Only Buy an investment security when the 14 Week RSI is above 50 (but not above 70)

2) Always Sell an investment security when the 14 Week RSI moves below 50.

Note: Most discount brokerage firms have a simple technical analysis tool available at their website. Use this valuable tool provided by your custodial investment firm.

FYI, the highly reliable “14 Week RSI Above and Below 50 rule is a simple technical analysis rule that will give you the freedom from ever having to use or pay an investment advisor again).

Part 3: Using an Investment Advisor

Keep in mind that most investment advisors are compensated under what is essentially a “network marketing” pay arrangement. The insurance industry - selling annuities - is most like a network marketing firm. Independent fee-only advisors working with one of the discount brokers is the least like a network marketing firm.

When using a big well-known investment firm, unless you have $500,000 or more, you are getting the youngest and least experienced advisor in the investment firm. As such, the least experienced advisors are trained to recommend investments that their supervisors want them to sell. Often these investments are “proprietary” investments (with the Firm's name on it) that may provide the firm with higher commission income or fees in one form or another.

Commission-compensated brokers primarily recommend "load” open-end mutual funds. FYI, the "old-guard" open-end mutual funds are identified by 5 letter symbols, e.g. VGINX.

Investment advisors that are fee-only compensated from total assets under management primarily use ETFS and individual stocks for growth - and bond ETFs (and/or Yieldco’s for renewable energy assets production investment income).

Reminder: When you identify a short list of preferred “fossil fuel free” investments that fit your personal values - remember to use the "Buy only when the Weekly 14 RSI is above 50" or the "Sell when the Weekly 14 RSI is below 50" rule.

Summary and Conclusion

As far as fossil fuel free investing goes, you never need to hold any investment that includes more than a 2-3% weighting in dirty energy stocks or bonds. Comparatively 2-3% is less than half the national average for most  mutual fund investments.

FYI, the Standard and Poor 500 stock index, the bellwether US stock market index which accounts for 85% of U.S stock market value, has a 5-6% fossil fuel stock weighting.

The two biggest mistakes investors commit are 1) thinking they understand investing and 2) not willing to admit they don’t understand investing. Yes, ego and pride. Just look at the incompetence of Donald Trump.

Remember, always use the “Fossil Fuel” Investment Analysis tool at https://fossilfreefunds.org. Simply type in your mutual fund or ETF symbol to see the dirty energy percentage currently being held in that specific investment holding.

SoberMoney.Org

The Mean-Spirited Kleptocratic Capitalism of the US Republican Party

Last week the Senate Republicans voted narrowly to not proceed with their heartless, incompetent effort to repeal and/or replace and/or blue sky some parts of the imperfect homage to insurance companies known as ObamaCare, despite not knowing which care-gutting bill they would actually be debating.

A few hours later, the Senate barely rejected another scam to turn the health care debate over to the also incompetent Republican "alt-white" House Republicans. But make no mistake: They will keep trying to pass something in an attempt to rob millions of Americans of health coverage.

What else really can be said about these ObamaCare gutting bills?

Every version of their bills are awful pieces of legislation, the most destructive act of pointless cruelty contemplated by any Congress in decades - and an enduring monument to the Republican Party's total contempt for the American people it has decided NOT to serve.

There are so few people defending this ideological citadel of callous legislation that it could be stormed with a group of staffers from the Center for American Progress. Like the souls of its architects, the Republican health care solution is hollow and hateful.

It is worth taking a step back and marvel at the sheer insanity of what the Republican Party is on the verge of doing.

There is no public purpose behind the legislation GOP elites are orchestrating, no coherent theory of how it will make health care more affordable or more effective, no courage to defend it to voters whose lives they are about to destroy, no recognition that it utterly lacks support and buy-in or even a kind word from any organized group in the entire field of medicine or insurance, no compunction about how it will radically remake one-sixth of the economy with a law they can't even explain to each other and haven't actually seen or helped draft, no shame about reversing themselves on public statements they made weeks or days or even hours ago about how they just can't bear to vote for it, no regret about using it to put millions of their fellow human beings through hell every day for weeks as Congress carelessly threatens their lives and livelihoods, no ability to stand up to their malevolent president who won't bother to understand or care about what they're doing as long as a bill ends up on his desk and allows him to tweet about his BIG WIN!

The GOP is full of people who want to stick it to The New York Times and college professors more than they want to make policy that will actually help people, or at least not make their lives demonstrably worse. They are willing to kill their constituents and ruin the lives of millions of people so that they might back-slap each other for a few minutes in the Rose Garden in the company of a demented charlatan President who will either end up humiliating and destroying them anyway or collapsing American society around himself and eating ice cream on top of the ruins.

The current Republican Party is run by the most selfish, cruel, and dangerous people to lead this country in 150 years and every day they find new and innovative ways to debase and invite shame on themselves. They make the corrupted elitism-lite of the Democratic Party look like the Girl Scouts. 

The only comfort right now is imagining the future that awaits the Republicans - that is if the Trump voters figure out that their angry gullibility has actually further filled the "Swamp" with more toxicity and crony tax revenue kleptomania - tax dollar economic stimulus money they will not see a dime of.

The Republican Party's reward for kowtowing like supplicants to their megalomaniac donors and their deranged primary voters - that is assuming that the United States does not continue down the road towards Trump's attempt to create a right wing police state and is ever again allowed to hold a free election - will be a series of stinging, comprehensive electoral defeats.

After a few more years of Donald Trump (if he makes it that far) and the incompetent leadership of the current Republican Party, their deceptive populace ideology will be decimated as an organized force in American politics for a generation. They will have sacrificed themselves, their principles, their reputations, and their constituents for nothing more than greed, grandiosity, and their addiction to abusing poor people. They will forever be remembered as the enablers of a trash-heap president who is literally losing his mind in front of us and who may very well succeed in erasing a 240-year-old republic.

But in the end, if there is any justice in the universe, what they will do instead is watch a hopefully remodeled Democratic Party (or better yet a viable third-party run by good people) who crush them in the next three election cycles, sweep them and everything they believe aside, ignoring the lamentations of their vanquished press secretaries as they embark on a years-long progressive bender that will make Republicans wish they had just made their peace with ObamaCare and acted like the principled opposition they pretend to be.

Some Republican politicians will be gone before their legacy of toxicity becomes undeniable even to their most die-hard supporters. But others will live long enough to read the first chapters in the history books documenting their unfathomable cowardice, titanic greed, and galactic stupidity, describing how they precipitated a series of domestic Cuban Missile Crises and voted to launch the missiles, how they tried to bury the republic rather than keep it, how they prioritized their narrow political interests over basic human decency, again and again and again.

And in that moment, we can only hope, they will process the words describing their own depravity and they will understand that they have wasted their careers in the service of avarice and evil.

Americans have to make a very important decision very soon: Choose between an intelligent problem solving leadership that uses science, compassion and cooperation for all Americans - or choose an ideologically greedy and angry neo-racist capitalism that blames the "others" for our country's increasingly ominous economic and social problems.

SoberMoney.org

Thoughts from the Anonymous Underground

Nation states are over, stripped by the global machine of neoliberal finance, computation and all-pervading behavioral Big Data algorithms. Global corporations are in the process of replacing nation states as holders of power. We now embrace the early stages of the corporate automation of mind, language and emotions …the architecture of bio-financial power.

Power, in fact, is no longer political or military. It is based on the penetration of the mind by incessant techno-linguistic misinformation. Soon, life will be based on the corporate automation of human cognitive activity. The US military machine has run out of effective solutions due to the self-defeating imperial strategy of the US. Geopolitical thinking now dead.

Instead, a financial world has emerged in which nobody is really in charge, nobody is consciously making decisions: logico-mathematical profitability has replaced decision-making, while the algorithm of capital has grown independent from the individual will of the owner. It is capitalism run amok.

Will the general intellect be able to disentangle itself from the corporate profit automaton?

Will cognitive consciousness still be able to act on biological neural evolution?

Will non-addictive pleasure and healthy affection and empathy find a way to re-emerge?

Will we translate into human language the connective cognition of the automated privatization machine buzzing in our heads?

These are questions that only courageous individuals can answer, opening to the incomprehensible other, betraying our pseudo-friends and reinventing language in order to express what cannot be said.

“The US President and Congress are irrelevant. Multinational corporations and organized crime run the world now” – TV’s Raymond Pennington

POLITICAL ECONOMIES:

TRADITIONAL CAPITALISM: YOU HAVE TWO COWS. YOU SELL ONE AND BUY A BULL. YOU’RE HERD MULTIPLES, AND THE ECONOMY GROWS. YOU SELL THEM AND RETIRE ON THE INCOME.

TODAY’S CAPITALISM: YOU HAVE TWO COWS. YOU OWE $175,000 PER COW, UNLESS YOU ARE A HEDGE FUND OR WALL STREET BANK CEO.

POST CAPITALISM: THE COW YOU NO LONGER OWN HAS TWO JOBS.

SOCIALISM: YOU HAVE 2 COWS. THE STATE TAKES ONE AND GIVES IT TO YOUR NEIGHBOR, WHO DOESN’T HAVE A FIELD TO PUT IT IN.

COMMUNISM: YOU HAVE 2 COWS. THE STATE TAKES BOTH AND GIVES YOU SOME MILK. THE COWS DIE DUE TO NEGLECT.

FASCISM: YOU HAVE TWO COWS. THE STATE TAKES BOTH AND ARRESTS YOU FOR DEMANDING SOME MILK.

AMERICAN REPUBLICAN: HE HAS TWO COWS. HIS NEIGHBOR HAS NONE. WHO CARES!

AMERICAN DEMOCRAT: HE GIVES A SPEECH ABOUT HOW HE FEELS COMPELLED TO SHARE HIS THREE GREAT COWS. HE SAYS TO HIS NEIGHBOR IF HE VOTES DEMOCRAT HE WILL GET ONE. HE GETS A GOAT INSTEAD. THE NEIGHBOR, DISILLUSIONED, STOPS VOTING OR VOTES FOR THE NEXT AUTHORITARIAN.

AMERICAN LIBERTARIAN: THE LIBERTARIAN BLAMES BIG GOVERNMENT FOR NOT HAVING HEALTHY COW. HE DIES - NEVER OWNING A COW, BUT KNOWS HE WAS RIGHT ALL ALONG. 

AbomiNation Corporate Structures

AN AMERICAN CORPORATION: YOU HAVE TWO COWS. YOU SELL ONE, AND FORCE THE OTHER TO PRODUCE THE MILK OF FOUR COWS. YOU ARE SURPRISED WHEN THE COW DROPS DEAD.

A BRITISH CORPORATION: YOU HAVE TWO COWS. BOTH ARE OBSERVED BY CLOSED CIRCUIT TV.

AN AUSTRALIAN CORPORATION: YOU HAVE TWO COWS. BUSINESS SEEMS PRETTY GOOD. YOU CLOSE THE OFFICE AND GO FOR A FEW BEERS TO CELEBRATE.

CHINESE CORPORATION: YOU HAVE TWO COWS. YOU HAVE 300 PEOPLE MILKING THEM. YOU CLAIM THAT YOU HAVE FULL EMPLOYMENT AND HIGH BOVINE PRODUCTIVITY. YOU ARREST THE NEWSMAN WHO REPORTED THE REALITY.

JAPANESE CORPORATION: YOU HAVE TWO COWS. YOU REDESIGN THEM TO BE ONE-TENTH THE SIZE OF AN ORDINARY COW AND PRODUCE TWENTY TIMES THE MILK.

AN INDIAN CORPORATION: YOU HAVE TWO COWS. YOU WORSHIP THEM. YOUR PEOPLE STARVE OWNING CELL PHOHES.

AN IRAQI CORPORATION: EVERYONE THINKS YOU HAVE LOTS OF COWS. YOU TELL THEM THAT YOU HAVE ONLY ONE. NO ONE BELIEVES YOU, SO THEY BOMB AND INVADE YOUR COUNTRY. YOU STILL HAVE ONE COW, BUT NOW YOU ARE PART OF A FAKE DEMOCRACY.

A TRUMP CORPORATION: YOU HAVE FOUR COWS. THE CEO TELLS YOU HOW GREAT YOUR COWS ARE SO YOU KILL ONE OVER AND OVER AGAIN AND FILE FOR BANKRUPTY AND GET RICHER FROM BRANDING YOUR BUSINESS ACUMEN. YOU RUN FOR PRESIDENT AND WIN ON PROMISES OF USING YOUR BUSINESS MODEL TO GOLD PLATE YOUR DEAD COWS.

“There is no Planet B"

THE CHOSEN

It’s hard to fathom how the Israelis can stand to live with themselves given the ongoing misery and cruelty they have inflicted on the Palestinians; and it’s equally not easy to understand how the rest of the world has let them get away with it.

Jewish survivors and descendants of survivors and victims of Nazi genocide unequivocally condemn the treatment of Palestinians in Gaza, regardless of the historical terrorism of Hamas.

Israel is possibly the future of global Nation-States: A modern internment camp democracy! 

ALMOST ALONE

The global crisis, which is as much moral and intellectual as it is political and environmental, puts into question above all our long submission to Western ideas of politics and economy. Whether it is catastrophic wars in Iraq and Afghanistan or disastrous interventions in Syria, the latest financial crisis which began in 2008, soaring unemployment in Europe (which is likely to empower far-right parties across the continent), hideous income disparities in both Europe and the United States, the widespread suspicion that big money has corrupted democratic processes, the dysfunctional American political system, Edward Snowden’s revelations about the National Security Agency, or the dramatic loss of a sense of possibility for young people everywhere—all of this separately and together has not only severely depleted the West’s moral authority - but also severly weakened its intellectual authority.

Yet no one needs to become depressed or despondent over disasters befalling mankind.

Know your politics. Know your history. There’s nothing new happening here. Only the names have changed.

Man seeks to crawl back into the womb after realizing the world isn’t a friendly place. Problems are self-inflicted but solvable. Should we wake from distraction, insipid entertainment and activist slumber, positive change is at our beck and call.

Abominations and goings on don't happen without our consent. Self governance isn’t a spectator sport.

5% of colonists participated in the 1st American Revolution.

95% hid out until the fighting was over, grew fat from war profiteering, looked down from Canada or rooted for King George III.

Let others decide which color nail polish to wear and which NFL team to champion. We can choose our future.

Adbusters, EFF, We Are Change, Glenn Greenwald, Chuck Baldwin, Stewart Rhodes, Aaron Swartz, Jeremy Hammond, Chelsea Manning, Ross Ulbricht, Edward Snowden and countless others are already on the front lines.

Stop whining and move forward!

“Unlimited economic growth on a finite earth is the logic of a cancer cell.”

www.SoberMoney.org

Democracy is Dependent on Challenging Corporate Absolutism

As a society, how do we define what a "moral economy" is?

Here at SoberMoney, we define a moral economy as one that allows most of the citizens to at least have a fair chance to work, provide for their loved ones, and to attain some degree of long-term life independence and retirement security. Clearly there is no perfect economy, whether it be capitalist, socialist, or one of the social democracies we see in the Nordic countries.

In reality, achieving a true "moral economy" is a constant work in progress. We now have enough human history to know what is NOT a moral economy. Elitist oligarchies like we see in Russia and India are not moral economies. Repressive neo-socialist states like in North Korea or Venezuela are not moral economies. Oil theocracies like we see in Saudi Arabia and elsewhere in the Middle East are not moral economies.

Here in the United States, we are starting to look more and more like the oligarchical corporate model of India. Except instead of having one company dominate each sector of the domestic economy, our duopoly party system is working toward the "regulation" of a two company oligarchy for each economic sector. Current examples of US sector duopolies are 1) Verizon and AT&T, 2) Apple and Samsung, 3) Amazon and Wal-Mart, 4) Monsanto and Con-Agra, and 5) if the merger with Time Warner Cable is approved by the FCC, Comcast and Comcast (no, not a mistake).

The Big Lie

Contrary to US Reagonomics revisionist neoonservative economic theory - which obviously began when Ronald Reagan became US president, the United States has since become a corporate welfare state. It was under the Reagan presidency when the US corporate sector began to achieve more powerful advisorial influence in the federal political system. More importantly, the federal regulatory agencies became profit-inhibiting pariahs, were gutted, and thus began the massive income inequality seen now, as well as the trashing of public health and public safety laws.

As a direct by-product of Reaganomics, the beneficial achievements of labor unions - fair wages & benefits, occupational safety, and worker bargaining rights - began to see its demise under the bogus belief that "trickle down" economics was the answer to global competitiveness and the waning stock market at the time. Ironically, the union corruption that existed at the time made it easy for the Republicans to start dismantling unions and sell pro-corporate Reaganomics.

Since the 1980s, the United States economy has seen a consistent favoritism toward corporate rights over consumer, worker, and citizen rights. The fall of Russian communism in the late 1980s accelerated the almost religious belief system of a pro-corporate mindset . And since the beginning of the 21st century, while still reeling from the 9/11 attacks, we are closer to becoming a quasi-corporate police state - where anyone who questions the rights of the free markets over social justice and a moral economic order is considered a troublemaker, or at worst, a terrorist. 

The Contradiction Between "Free Markets" and Global Corporate Absolutism

Most Americans are now plagued by a macro-economic form of faulty thinking. And that faulty thinking goes like this: Freedom = the Free Markets = the Global Corporate System. It is a pervasive yet bogus fixed mindset that presents itself as the final solution of how people everywhere must now live. 

On the surface, this unquestioned preference for "the global free market" is dinned into the heads of US and global citizens by slogans saturating the corporate media around the clock - or conversely, by police and security beatings, clubbings, tear gas and rubber bullets - if the slogans don't imprint, as in Seattle during the IMF/World Bank meetings or in NYC as a result of the Occupy Wall Street protests.

Yet underlying the instituted corporatist propaganda and potential for violence is this value equation always at work: brainwashing the public mind for global corporate acquiescience. Hence, freedom has become equated with the free markets, and in turn, globalization is equated with transnational corporate "ownership" to ALL of the world's natural resources.

The challengers of this assumed multinational corporate privilege are those who are in direct ethical and emotional conflict with this mindset: the poor, artists and musicians, many educators, some government workers, progressive liberals, progressive libertarians, and a few old guard conservatives who still believe in the classic definition of  no corporate bailouts "free markets." They see, in fact, that the new Wall Street version of the American capitalist system is one of banking oligarchs and the privileged political elites.

Sadly, the Democratic Party is now mostly part of the latter, primarily paying political lip service to consumer rights, public health, public safety, and citizen freedoms.

The US profit and growth addiction

South African Steven Biko said: "The most effective tool of the oppressor is the mind of the oppressed."

As Americans, we clearly see our addiction to profit and money every day. We see and hear it from the patronizing cable business channels like CNBC, Bloomberg, and Fox Business. In fact, these plutocrat-owned media outlets are for the most part corporate apologists for the institutionalized monopolizing behavior of the Wall Street elite. in fact, the US elite greed addiction has recently been called "affluenza" by a judge who gave a rich 16 year old Texas kid ten years probation for killing four children while driving drunk. 

Currrently, our nation's "collective self-worth" depends largely on the disingenouis American Dream fantasy of how much money we can make, how little taxes we can pay, how quickly we snap up new technology to show off our adult toys, how "cool" our numerous vehicles are, how over-acheiving our children are, how little we have come to care about worker rights and our public health, and how cavalier we have become regarding having active compassion for the poor and the less unfortunate.

Much of America has become a nation of self-centered, elitist-adoring greed addicts. 

The Narcissism of Profit

Sadly, our profit addiction comes at a huge cost. At this stage in our world's human and social development, we are in the process of creating the largest wealth disparity we have ever seen. 

Simply put, a narrowing group of rich elitists are getting richer, the middle class is getting poorer, the poor and less fortunate are continually neglected, our prisons are overcrowded with young black males - with no programs for rehabilitation, and our children are being increasingly massacred in their public schools and in public enertainment centers by a national gun culture that ignorantly thinks owning guns is the answer to their "impotence" in the growing corporate-controlled government police state they now live in.

Many Americans naively believe the lie that owning guns and exotic military weaponry will get them back to their almost total lack of individual economic (worker) power. Not surprising in the current economic environment, they simultaneously blame foreign workers for a declining middle class, fostered by the same politicians they vote into public office.

SoberMoney believes our national gun fetish is an example of a subconscious Aryan male powerlessness. We see states run by vote-pandering white male dominated Republican poltiticians who pass laws that force women to undergo mandatory sonograms (like government broodmares).

These mysogynist right wing evangelical legislative efforts helps create the illusion they still have some control over their social beliefs - which are all they really have left after the global corporate elites havetotally compromised their labor rights.

The "Free Markets" Addiction  

Our Nation's unquestioned worship of "free markets" and wealth is very much like an alcoholic or drug addict who will harm or hurt anyone or anything that gets in his or her way of achieving unfettered profits. Money and profit has become our national pain killer - an insidious "drug" that numbs the fear and anger caused by four decades of middle and worker class economic neglect and abuse. 

In the United States, we no longer live in a free markets economy. We live in a globally coordinated, increasingly corporate totalitarian state - which controls governments with massive sums of lobby money and legal political bribes. If citizens balk, it uses its vast oligarchical police and security powers to coerce and convince gullible and fearful citizens (through their media news comglomerates) into believing that the global corporate system is the only sane way to live.

Functional Economic Thinking

If you read some or most of this website, we will provide information on how "mass economic activism' - both consumer and investor activism - is the most effective way to break our personal addictions and dissolve our economic delusions so we can dismantle economic elitist tyranny and the growing wealth and income disparity we see everyday.

In fact, our biggest political and economic problem in the US is our dysfunctional cognitive thinking. We must change both the way we think and act. We must give up the political lies that keep us feeling crazy and angry. In some cases we must change our thinking through our economic actions, and in other cases we must change our economic actions through self-respecting financial and poltiical analysis.

Bottom Line Reality-Based Economic and Political Thinking for open-minded US citizens:

  • Politicians work for their corporate lobby money masters - not you, the gullible voter-citizen

  • Big corporations control and manipulate our federal and state governnments - not the reverse

  • "Free markets" do not apply to large corporations - whose chartered objective is to control and own everything 

  • What benefits Wall Street most often hurts Main Street

  • True "Economic Freedom" would actually prevent global corporations from having unlimited access to the world's natural resources

  • Corporations reap billions of dollars in profit from individual addictions to alcohol, drugs, sex, and gambling, debt, and celebrity fanaticism.

  • The evangelical "family values" politicians receive millions of dollars in lobby money and campaign contributions from media conglomerates and hotel chains who sell and distribute pornography and casinos. 

  • Republican politicians say they love small government - but constantly create big government legislation to restrict 1) women's reproductive health choices, 2) voter rights, and 3) the rights of the LGBT and Muslim citizen community.

  • Democratic politicians tell workers they look out for their interests, but behind the scenes get most of their campaign and lobby money from big corporations who keep workers in debt and disenfranchised.

  • Democrats talk about caring for the environment - but in reality have become part of the elite - working as high paid lobbyists for big dirty, coal, and mining companies after their political career ends.

Get real - or get left behind.

Unknown-1

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