| Dollar Democracy | Table of Contents |

Dollar Democracy excerpts:

  1. Buying American Politics and Selling Out the American Dream
  2. Jobs and the Economy
  3. Education
  4. Health Care
  5. Destroying our Environ-ment for Immediate Profits
  6. Big Agribusiness, Pesticides, GMOs
  7. The Great Recession
  8. Pentagon Waste, Fraud and Abuse
  9. With Liberty and Justice for All

From Chapter 8 (p.202):

Pentagon’s Antiquated, Dysfunctional Accounting and Computer Systems Produce Waste, Fraud, and Abuse.
Another major reason for waste, fraud, and abuse in military spending is the antiquated, dysfunctional accounting and computer systems used by the Pentagon for tracking weapons procurement and spending as well as for producing accurate paychecks for our women and men in uniform. While she worked at the office of the Defense Finance and accounting agency, Linda Woodford monthly inserted phony numbers in the U.S. Department of Defense accounts. Just a couple of days before the deadline, the Navy would dump numbers on the Cleveland, Ohio office (“Special Report: The Pentagon’s Doctored Ledgers Conceal Epic Waste”, by Scott J. Paltrow, Reuters, November 18, 2013). Using the data received by her and her fellow accountants, Woodford would prepare monthly reports to reconcile the Navy’s books with the Treasury Department’s books which is required of all military services and Pentagon agencies. Every month, numbers were missing, wrong, or arrived without explanation of how the money had been spent, or which Congressional appropriation it came from.

When faced with these major discrepancies between the Treasury’s numbers and the Military’s, Woodford’s superiors told her and her fellow accountants to enter false numbers called “plugs”, to make the numbers match. According to a Reuters investigative report, “At the DEFAS offices that handle accounting for the Army, Navy, Air Force, and other defense agencies, fudging the accounts with false entries is standard operating proceedure. And plugging isn’t confined to DEFAS. Former military service officials say record-keeping at the operational level throughout the services is rife with made-up numbers to cover lost or missing information.” (Reuters, 2013). Plugs are symptoms of a major problem says Scott J. Paltrow of Reuters: “The Pentagon’s chronic failure to keep track of its money – how much it has, how much it pays out and how much is wasted or stolen.”

In 2015, the United States will spend between $700 billion and $1 trillion on military defense while sustaining almost 1,000 millitary bases in 150 countries out of 195 in the world. This is over half of the discretionary U.S. federal budget, and roughly equal to the military budgets of all the other nations of the world combined. How much bang for our buck are we getting? U.S. Senator Charles Grassley of Iowa estimated that the taxpayer gets about 30 cents of defense for every dollar the Pentagon spends. (The Pathology of Power, by Norman Cousins).

F-35 Joint Strike Fighter: Historic $1.5 Trillion Disaster

Let’s take a closer look at the wasteful, inefficient and expensive F-35 joint strike fighter … The cost to build and operate the F-35 over its 55 year lifetime is $1.5 trillion. This combat aircraft is the most expensive Pentagon weapons program ever. … Each plane was to cost the Pentagon $69 million of taxpayer money. The cost of the plane has ballooned in 2015 to an average of $178 million each. … (p.206) Even though a RAND Corporation study found that the F-35 has “inferior acceleration, inferior climb, and inferior sustained turn capability”, in other words it “can’t turn, can’t climb, can’t run.” (“Cancel the Flawed F-35 and Free Up Billions For Better Aircraft and Domestic Needs”, Nick Schwellenbach, Center for Effective Government, September 10, 2013) ….
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Book Review: Dollar Democracy: With Liberty and Justice for Some; How to Reclaim the American Dream for All

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by  | American News Service | Book Review

Many questions torment America in the dark night of its soul, but its seems Corporate CEO pay emerges as one of this year’s hottest trending issues. At the midway point to the next election, this and other hotly contested issues  are shackled and tackled in Professor Peter Mathews’ must-read new bookDollar Democracy: with Liberty and Justice for Some; How to Reclaim the American Dream for All.


Despite the country’s dire state of affairs, Mathews remains optimistic, and closes the opus with some viable plan for the people to reclaim the American Dream. The literary equivalent of a one-man million-man march for equality and justice for every U.S. citizen.” Review by Kam Williams, Syndicated columnist

Read this book about Corporations and their pampered and panderingpolitical offspring.  Act Accordingly. Our country is in the midst of an uncivil war between the alarmingly powerful, determined to destroy the middle class and the intentionally left behind.

Professor  Peter Mathews’ book  serves as a counterpoint to those who luxuriate in denying the reality of America’s  rapidly changing social landscape. We are dangerously close to cementing a permanent American catastrophe. Mathews  boldly and unapologetically asks questions and gives solutions that the media/propaganda machine purposefully ignore. He  closes the tome with a checklist of high crimes and misdemeanors and an urgent call to conscience and about what needs to be done next.

Determining our actions today can move us towards either a stronger, more positive future, or a future shrouded in fear, poverty, war. This book is written as a primer for people of all ages and all classes who want answers.

Professor Mathews speaks in a voice that resounds with clarity and conviction as he examines the direct and intentional outcome of  separate policies that were advocated, starting with the Reagan administration, to intentionally deceive and destroy the middle class.  In a full frontal attack by the corporate manipulators  Mathews  details how the middle class has become superfluous to the very rich and why various policies were deliberately created to eliminate them. Their defining characteristic is dirty, scorched-earth partisanship carried out regardless of cost.  Conservatives are anxious again to finish first – with the big prize-monopoly control of the American government, and the power to turn their ideology into the law of the land.  Quite a bargain at any price. People want answers, but our compromised leaders can’t provide them because bold actions carry too much political risk.  Meanwhile the corporations are booming and running roughshod over us. They are operating in their own time and space continuum that is increasingly supranational – disconnected from local concerns and their home markets.

Mathews reveals that there are fat corporate balance sheets ready to create jobs and prosperity – just not in America.  While corporations feign heartfelt pledges of allegiance to the U.S., they still must depend on the government to protect intellectual property and keep waterways safe so they can deliver their made-in-China supplies to us.  This formidable book brings to light of day important new information regarding how the Corporate manipulators are destroying our country.

       Dollar Democracy is a riveting read, the text, defiantly disturbing. Mathews’ writing style passionately grounded in integrity and reality. The conclusions of his detective work fit together like sword and scabbard. He gives his reader so much juicy information, a veritable tsunami of corporate skullduggery. He doesn’t mince words and he doesn’t hold back when identifying the cauldrons of chaos they have created. He exposes these and others among the secret corporate power elite as the coolly vicious orchestrators of wars and grand-scale theft. Mathews  also details the mind-boggling sums of money their CEO’s reap from the proceeds of their crony capitalism. And what’s interesting is that the fortunes of corporations are totally delinked from the fortunes of the rest of the world. The 2008 financial crisis devastated hundreds of millions of people, but the following year Wall Street revenue hit US$60 billion, a historic high, thanks in large part to the massive injection of public money they received. Average wages in developed countries have dropped since the crisis, but the median pay for CEOs in the US now exceeds $10 million. A CEO now makes about 357 times more than the average worker’s salary in the U.S., up from 181 times in 2009 and 40 times in 1980.  The divide between the have-nots and have-yachts  is getting worse really, really fast. In 1980, the top 1 percent controlled about 8 percent of U.S. national income. The bottom 50 percent shared about 18 percent. Today the top 1 percent capture about 20 percent; the bottom 50 percent, just 12 percent.

But the problem isn’t that we have inequality. Some inequality is intrinsic to any high-functioning capitalist economy. The problem is that inequality is at historically high levels and getting worse every day. Our country is rapidly becoming less a capitalist society and more a feudal society. Unless our policies change dramatically, the middle class will disappear, and we will be back to late 18th-century France. Before the revolution.

Crony politicians have made decisions that led to outsourcing good middle class jobs, dismantling our public education system kindergarten through college and university; deteriorating  health care that leaves Americans in danger, sick and broke; the destroying of our environment and lives; the polluting of our food through deregulation of big agribusiness, pesticide use and the proliferation of Genetically Modified (GMO) foods; the crash of Wall Street and the Great Recession from which the bottom 99% of Americans have not yet recovered; while the super wealthy are doing better than ever.

Mind-blowing from the beginning, Mathews’ book takes an even more astounding contemporary turn when he declares their efforts over the past thirty years have succeeded. The middle class democracy that made America great is in seemingly irreversible decline. Mathews clearly shows how the Corporations and their crony politicians  have hoodwinked America by separating speech and thought.

But wait, Mathew is a political pugilist, ready to lob a whole arsenal of answers on how we can reverse these trends and return middle-class democracy. He proposes comprehensive, bold, visionary solutions to restore America’s formidable democracy and make this country great again.

Can the truth change the course of history? If the truth can heal, then this book is a prescription for accountability. It is a must-read for anyone who believes that following our constitution must be mandatory for the pursuit of good government and that our once vibrant and powerful democracy is not for sale to the highest bidder and the too-clever-for-word machinations of the Corporate Pollution Politics.

Dollar Democracy is really a blueprint for Americans that have had enough. And that means 99% of us.

 


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