Profile

Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ
09 April 2018 | Pago Pago, American Samoa
An Informed Atheist Re-Addresses Christianity
10 March 2018 | Pago Pago, American Samoa
A Progressive Reform Program for America
10 March 2018 | Pago Pago, American Samoa
Supply Side and Libertarians Are Wrong and Not Supported by the Data
10 March 2018 | Pago Pago, American Samoa
How Income Inequality Injures People and the Economy
22 August 2017 | Pago Pago, American Samoa
A Democratic Reform Program for America
22 August 2017 | Pago Pago, American Samoa
The Supply Side Libertarians Are Wrong and Not Supported by the Data
22 August 2017 | Pago Pago, American Samoa
The Rise of Economic Ignorance
22 August 2017 | Pago Pago, American Samoa
The Rise of Corporate Dominance and the Rise of Income Inequality (Part VI)
22 August 2017 | Pago Pago, American Samoa
The Rise of Corporate Dominance and the Rise of Income Inequality (Part V)
22 August 2017 | Pago Pago, American Samoa
The Rise of Corporate Dominance and the Rise of Income Inequality (Part IV)
22 August 2017 | Pago Pago, American Samoa
The Rise of Corporate Dominance and the Rise of Income Inequality (Part III)
22 August 2017 | Pago Pago, American Samoa
The Rise of Corporate Dominance and the Rise of Income Inequality (Part II)
22 August 2017 | Pago Pago, American Samoa
The Rise of Corporate Dominance and the Rise of Income Inequality (Part I)
22 August 2017 | Pago Pago, American Samoa
Racial Hatred Is Confused
22 August 2017 | Pago Pago, American Samoa
What To Do About North Korea
22 August 2017 | Pago Pago, American Samoa
On Neoliberalism
22 August 2017 | Pago Pago, American Samoa
Ban Hate Marches and Assemblies
22 August 2017 | Pago Pago, American Samoa
On Miss Piggy and Mr. Pork
22 August 2017 | Pago Pago, American Samoa
The Demise of the Democratic Party
09 August 2017 | Pago Pago, American Samoa
On Elitism

Where I Differ on Economics From Most

04 October 2016 | Pago Pago, American Samoa
Kimball Corson
These are largely questions of economic judgment and focused emphasis. Weights that should be according, albeit here in no particular order.

Unlike to many others, many of whom follow every market twitch and their predictions, I am personally stuck on these issues which I think are our core problems:

1) hoarding and the liquidity trap we are in, with its consequences for the Fed and our secondary financial markets -- an unconscious hijacking of sorts by the oligarchy and a problem only possible with excessive income inequality,

2) excessive income and wealth inequality in the US and it consequences for many Americans and our damaged economy, and

3) the dessimation of the core middle class with 90 plus million Americans now not in the labor force and middle class wealth substantially destroyed due to too many lost homes in that sector. Many in the middle class have sunk into the lower class and a few at the top end of that class have risen above it. But if we kept track of the middle class by peoples names with their financials from the 1990s, we would see what has happened.

The silence on these points in the media and in America and public policy discussions is I think is an outrage. Many affirmatively work to cover up and deemphasize these problems up in order to deny them. They are handmaidens of the status quo and the oligarchy.

Our income and wealth inequality is massive and out of control, The top 10 percent of Americans get almost 50 % of all national income and now have almost 75% of all wealth in the country. The top 1% get 22% of all national income, double the 11% that the bottom 50% of all income recipients get. Only the rich and wealthy can afford to hoard income and that is a mega problem tightly connected to problem 1) above.

As a nation we are politically and emotionally too unable to face, much less address theses problems. We are being schooled in denial and taught to do nothing by the controlled system. We have no policies or remedies at present and and so are consigned to a less than happy nation and to our new "lower low" of growth, all relative of course were we would be but for these problems. A point deniers simply refuse to understand.
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Vessel Name: Altaira
Vessel Make/Model: A Fair Weather Mariner 39 is a fast (PHRF 132), heavily ballasted (43%), high-aspect (6:1), stiff, comfortable, offshore performance cruiser by Bob Perry that goes to wind well (30 deg w/ good headway) and is also good up and down the Beaufort scale.
Hailing Port: Lake Pleasant, AZ
Crew: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
About:
Kimball Corson: I am a 75 year old solo sailor, by choice. However, I did take on a personable, but high maintenance female kitten, now a full grown cat, named KiKiPoo when she is sweet, or KatKatPo after she has just killed something like a bird or bat. [...]
Extra:
Although I was a lawyer and practiced law with good success for thirty years, creating significant new law, I never really believed in the law, the politics of law or in the over reaching self-interest of most lawyers I met. Too much exposure to Nietzsche and other good and seriously thoughtful [...]
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Profile

Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ