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Posts Tagged ‘Economic Freedom’

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Source:AZ Quotes– Susan Hayward, on reaching the mountaintop in Hollywood 

Source:The Daily Review

There are a lot of rags to riches success stories in America which is one thing that makes America great as well as exceptional. America tends to get stereotyped as a rich country that’s dominated by rich people who control so much of the country’s wealth and that all Americans are rich. And if you’re from a third world country and grew up poor before you came to America, you might believe that as well at least before you get to America.

But the fact is most Americans aren’t wealthy. Most of us aren’t poor either, but a lot of come from either middle class or working class families which is the overwhelming majority of Americans. Americans who aren’t poor or who are hungry, but struggle to survive, work hard, to pay their bills. Can’t afford to send their kids to college which means their kids have to work through college or get student loans, or both especially if they’re not on scholarship.

Susan Hayward growing up in New York City in the 1920s and 30s didn’t even have it that great. She came literally from nothing where her parents couldn’t afford to feed all of their kids at the same time. Sometimes couldn’t afford to even do laundry, couldn’t replace shoes and other clothing that were falling apart. What Susan Hayward did have going for her growing up and as a very young woman was that she hated poverty and wanted to escape it. As well as a talent and desire to succeed that would allow to her live well for the rest of her life.

When I think of Susan Hayward, I think of President Richard Nixon and his background growing in rural and poor California in the 1920s when a lot of America was actually doing very well economically, but where most of that economic wealth was in big cities like Boston, New York, Chicago, and other big cities not in rural California hundreds of miles out of Los Angeles. I think of President Nixon giving his farewell address where he says, “only when you’ve been in the deepest valley can you ever know how magnificent it is to be on the highest mountain.” President Richard Nixon from August, 1974 the day he left the White House after resigning the presidency, because of is involvement in the Watergate coverup.

Susan Hayward, was able to reach the mountaintop in Hollywood and to go down as not just one of the greatest actresses in her generation, but who ever worked in Hollywood because she grew up in the deepest valley in America. And to know what it was like to live on the bottom not knowing where your next meal was coming from and would you even have a home the next month. Not that I would recommend poverty to anyone, but when you have nothing is does teach you a few positive things like how important hard work and success are and what it means to earn what you get. As well as always knowing at least in the back of your head what it’s like to be poor and to know that you never want to live that way again. Susan Hayward, is a great rags to riches story who came from nothing to become one of the best actresses that America have ever known and a story that we should all celebrate.

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Source:Quote Tank: Susan Hayward Quotes– One of Susan Hayward’s movies 

 

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Source: This piece was originally posted at The New Democrat

In this long PBS style fundraiser marathon of a speech that Robert Reich gave in Washington about his book The Common Good, I got the sense that he was talking about what’s called the social contract. This idea that Social Democrats/Democratic Socialists and some Progressives push that government is there to make sure everyone is taken care and has what they need to live well in society. And Reich is probably using the New Deal from the 1930s and the Great Society from the 1960s, as his idea of what the social contract or the common good is.

As a Liberal I’m all in favor of a public safety net for people who truly need it. And if we’re going to continue to have a public safety net for people who are uneducated and under skilled, than that safety net should be used to empower people so they can get a good enough job to become economically self-sufficient and no longer need public assistance at all. Instead of just giving low-skilled workers and non-workers money that is produced by people who work hard for a living and don’t qualify for public assistance.

I’m all if favor of requiring people to who are on Welfare to go to work and even take the first job that opens up for them that they’re qualified for. As well as giving them child care assistance so they can go to work, if they have kids. As well as education assistance so they can go back to school and further and finish their education, so again they can get themselves a good job. That programs like Medicaid and Food Assistance, to use as examples, Public Housing would be another one, would be for low-income workers, instead of non-workers.

My idea of a safety net ( which I prefer over social contract or welfare state ) is a public social insurance system. There for people who can’t survive even in the short-term without that financial assistance. But also there to help those people get on their feet economically. Similar to auto insurance, or property insurance. You don’t use those insurances to pay your bills. You use them when your car is in an accident, or your house is on fire or gets flooded.

A safety net should be for people who lose their jobs, don’t have a good education, can’t afford health insurance, don’t make enough money to feed themselves, can’t afford housing. Not for people who simply don’t want to work in America.

Politics and Prose: Robert Reich- ‘The Common Good’

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Source: The Nation

Source: This piece was originally posted at The New Democrat Plus

I believe to listen to Gore Vidal speak or read any of his material, you first have to know where he’s coming from and what his political background is. He doesn’t view individual rights and freedom like most Americans do. He has more of a social democratic or democratic socialist approach to how looks at politics, rights, and freedom. He was as far to the left as Henry Wallace who ran for President for the Progressive Party back in 1948, Senator George McGovern, who ran for President three times for the Democratic Party, or Senator Bernie Sanders today.

So when Gore Vidal talks about rights and freedom, he means the right not to go without the basic essentials in life.

The right not to starve.

The right not to want.

The right to health care and health insurance.

The right to housing.

The right to work if someone chooses to, but that work shouldn’t be required even for people who are mentally and physically able.

And for people who literally choose not to work in order to support themselves, those people are also entitled to the same rights that I just mentioned.

The rights that President Franklin Roosevelt proposed in 1944 in his second Bill of Rights speech. What would be called today welfare rights and perhaps back then as well. The rights for people to be taken care of instead of everyone going out there and making their own way in life and creating their own individual freedom for themselves. Which is very different from what the Founding Fathers created for America even though they didn’t tend individual rights for all Americans and not just Englishmen of wealth. Those individual rights that all Americans have regardless of their race, ethnicity, or gender, apply to all Americans because that is how the Founding Fathers (Founding Liberals, really) wrote our Bill of Rights.

All what was consistent with Gore Vidal and is also consistent with the Socialist-Left today that Noam Chomsky and others argue, is that America doesn’t even have a two-party system, let alone a multiple party system. That we have a one-system that has people called Democrats and others called Republicans. Who are both controlled by big business in America and the National Security State.

Gore was somewhat conspiratorial to say the least. And even though he was a helluva lot smarter than your everyday JFK assassination conspiracy theorist and a very intelligent and funny man in general, he had his own conspiracy theories as well.

The Nation: Gore Vidal- Speech at The Nation in 1990

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Source: The Independent Institute

Source: This piece was originally posted at The New Democrat

Libertarian Economist Walter Williams once said something that I actually agree with. He was talking about property rights and extended them to one’s self and one’s body. That the individual has complete control of their own body and therefor gets to decide what’s done with their body. What they can eat, what they can drink, what they can smoke, even who they can have consensually have sex with. Even if the sex is homosexual sex, taking money to have sex with someone else in a consensual way.

How we can spend our own money short of using our money to have someone beat up or murdered, or spending our money in order to have something stolen from someone else. And that includes spending our money to gamble even at casinos or private card games, to use as examples. That private property rights just doesn’t cover one’s home, or car, or personal possessions, like a business that they may own. But ourselves as individuals and our own bodies. Short of hurting an innocent person with our body or other property like money.

This is really the main difference between a liberal democracy like America with guaranteed constitutional and individual rights that include property rights as I just mentioned and living in a Marxist-Communist state like North Korea (to use as an example) where individualism is essentially outlawed. Where the state (meaning the national government) owns everything in society. Including where the people live and work, even shop.

Even social democracies like Britain that are very socialist as far as how their national government and economy works, have a high degree of property rights in their country. They just aren’t guaranteed especially under a constitutional system which is what we have in America. Property rights are the rights for individuals to control and operate what they actually own including their own bodies.

Our property rights are guaranteed in America under both the Fourth and Fifth amendment’s in the Constitution. That can’t be interfered with by the state (meaning government) without probable cause. That the state views what someone is doing as a threat to bodily harm or financial harm to an innocent person. Not talking about an anarcho state (meaning anarchy) where everyone can essentially do whatever they want including hurting innocent people. And then it’s left up to the victim to decide what should happen to their predator and left up to the victim to inflict whatever consequences on their predator.

But talking about a federal republic in the form of a liberal democracy where property rights including to one’s self are guaranteed short of hurting innocent people with our property. As much as so-called Progressives in America today (Socialists in reality) complain about property rights, private property, and individualism in America and that too much in their view is left up to the individual to decide how they should live, they take advantage of our property rights and free speech everyday. And you can say the same thing about the Christian-Right in America but their complaints about our property rights tend to be more about our personal freedom and our freedom to make our own lifestyle choices, instead of our economic freedom.

But that’s just one thing that is great about America that one doesn’t even have to believe in property rights and either personal or economic freedoms, or either of them in order to take advantage of them and live with them. People who don’t believe in free speech (just one property right) can use their First Amendment rights to make the case why censorship is necessary to outlaw speech that they disagree with and that offends them.

Because the censors whether they are political correctness warriors or Christian-Conservatives who are offended by certain forms of entertainment, have the same free speech rights as people who believe in free speech. Who are free speech nuts like myself, to borrow a phrase from Kirsten Powers and Jeffrey Lord. (Two political analysts at CNN) Just as long as we’re not using our free speech rights to incite violence or irresponsibly libel innocent people. That property rights extend to everyone including people who don’t believe in them.

The Independent Institute: Kyle Swan- Private Property Rights

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Source: Foreign Policy Magazine  

Source: This piece was originally posted at The New Democrat Plus

I read this article called It’s Time To Found a New Republic from Daren Acemoglu and Simon Johnson over at Foreign Policy Magazine. And it wasn’t just the title of the article that caught my attention. It’s Time To Found a New Republic, if they spent more time on the title maybe they would’ve called It’s Time For a New Republic, Time To Create a New Republic, The New American Republic. When something is found you don’t need to fine it, because it’s already there.

But getting pass the wording of the title of their piece most of their article was about American history and the progressive movement. Starting with the Progressive Era of the early 1900s and going up to the New Deal of the 1930s and the creation of the our national infrastructure system of the 1950s. And then towards the end they were had some policy proposals.

Ranging from a national basic income, which I disagree with, to ending partisan, racial, and ethnic gerrymandering which I’m in favor of. When I saw the title of their piece I’m, thinking maybe they were talking about creating a new form of American government. That the problem with American society (as they might see it) is the structure of our government all together. Perhaps they don’t like our Federal system based on limited government and would propose replacing that with a unitarian style of government that you see a lot of in Europe. Where most of the governmental power in the country is based with the national government. Instead of spread out between the national, state, and local government’s.

Just to comment on Daren Acemoglu’s and Simon Johnson’s economic proposals. I don’t believe the problem of income inequality (if you want to call it that) has to do with our government structure and how power and responsibility is spread out. Not that they were arguing that either necessarily. But it has to do with the skills gap and opportunity gaps in the American economy.

If you live in rural America and grow there, or you’re raised in a rough part of an inner city your chances of doing well in America are far lesser than if you come from a middle class neighborhood in a city or from the suburbs. Also if you have parents or even one parent who are doing well in life, not necessarily rich but doing well enough for you to be raised right and have you what you need to do well growing up, your chances of doing well in America are much better if you come from a low-income family in a low-income neighborhood, where your parent or parents are just struggling to survive.

So you want to reduce income inequality (again, if you want to call it that) you have to reduce the inequality that’s part of our education system and have an education system where more Americans can simply get a good education. Regardless of where they live and where they grow up and who their parents are. And of course regardless of their race, ethnicity, or gender. Which should go without saying anyway.

As well as having an adult educational system in this country where low-income adults whether they’re currently working or not, can advance in the American economy by finishing and furthering their education and getting themselves a good job that leads them to economic independence.

As well as having that system available for workers who already have a solid education. High school diploma plus some vocational training and perhaps a college degree, but now find themselves working in a field where those jobs are disappearing or where they’re no longer able to make the money that allows for them to live comfortably. And allow for them to further their education perhaps even in a new field for them.

The problem with the American economy has nothing to do with our form of government. Or our Federal Government is too small, our state and local government’s, have too much responsibility, or middle class Americans are undertaxed and have to much personal and economic freedom and have to make too many decisions on their own.

The problem with the American economy and why we have income inequality (if you want to call it that) has to do with education and skills. We need to move pass the idea that schools should be funded based on the property values of the people who live in those communities . Which has to do with property taxes. And sending kids to school based on where they live, instead of what’s the best school for them.

And get pass the idea that if you start at a low-wage low-skilled job because you’re low-skilled, that you’re stuck working jobs like that indefinitely. Because you can’t afford to go back to school or simply don’t have the time for it, because you’re working multiple low-wage jobs just to try to survive.

You close the skills and education gaps in America, you reduce poverty, because you’ll not just have more Americans working as long as you have pro-growth economic policies in place that promote economic development and growth, but you’ll also have more Americans working good jobs. Which will also improve your long-term economic and financial outlook of the country. Because you’ll have fewer Americans on public assistance.

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Source: RCO 64

RCO 64: The American Form of Government

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Source: The Independent Institute 

Source: This piece was originally posted at The New Democrat

According to Wikipedia the definition of social justice is, “justice in terms of distribution of wealth, opportunities, and privileges within society.”

People let’s say on the farther left (Social Democrats/Democratic Socialists) take the definition to mean that there should be distribution of wealth in society. That wealth should be distributed based on what people need to live well. Not based on what people earn. And of course the central government usually a unitarian government in most social democracies (one large government for the entire country) will collect most of the wealth in the country and dish it back out in the form of welfare state payments to the people based on what the government believes people need to live well in society.

So the people not just living above poverty, but living somewhat comfortably, but short of being wealthy and perhaps even upper middle class. Socialists (democratic and otherwise) don’t believe in rich or poor. They want equality of outcomes where no one is wealthy or poor, but able to live well. This type of economic system is how Scandinavia operates and the states there and to a certain extent even in Britain. (Even when the Conservatives are in charge)

The libertarian notion of social justice is to put it in plain terms is that what’s mine is mine and what’s yours, is yours. To paraphrase Libertarian Economist Walter Williams. Meaning what the people make for themselves is exactly that. And shouldn’t be subjected to taxation especially to help pay for the people who don’t have much to live on and are in living in poverty as a result.

To go back to the Wikipedia definition of social justice. Liberals (in the real and classical sense) concentrate on the opportunities portion of social justice. Liberals believe in an opportunity society. Where everyone has the ability to make a good life for themselves. Where everyone has access to a quality education even if they live in poverty. And if they live in poverty that their parents or parent, has the ability to finish and further their education so they can get themselves a good job and make a good living.

Get off of public assistance, buy a nice home and live in a nice community where they don’t have to worry about being physically harmed when they go to the grocery store, or are coming back or going to school. Where they have a basic fundamental sense and reality when it comes to their own economic and physical security. And then what the people make for themselves financially, they’re able to keep most of that and pay back in taxes what it takes for the government to function effectively and to do only what we need for government to do well for us, that is also consistent with strong economic and job growth so people are encouraged to be productive and make a good living for themselves and their families.

And yes you need an effective government to invest in what makes economies strong so as many people can benefit from capitalism and private enterprise as possible. Not to run the economy or to run business’s, or tax and regulate private business so much that the government essentially owns and runs those companies.

But to see that everyone can get a good education. Where kids aren’t sent to school simply because of where they live, but what’s the best school for them even if that might mean a charter school or private school all together.

Where economic development is encouraged so you don’t have ghost towns essentially where the only people who live there are people who can’t afford to live anywhere else. Where gangs and organize criminals run the communities.

Where you have an modern infrastructure system so companies can get their products to market (to use an old phrase) and also to encourage more private economic development.

A responsible regulatory state to protect consumers from predators and worker from abusive employers.

And a limited effective safety net (not welfare state) that serves an economic insurance system for people who are out-of-work, or lack basic skills to get themselves a good job. But also empowers low-skilled individuals to get themselves on their feet by finishing and furthering their education and learning a trade so they can get themselves a good job.

Where Liberals separate from Socialists has to do with government’s involvement in the economy. Socialists want government to take most of the national income and dish it back out based on what they believe people need to do well. Where Liberals differ with Libertarians is that Liberals believe that the people should be able to to keep most of what they earn. But that Liberals believe there is a real role for government even in a free society and that being part of a free society is like being part of a club. Where you end up paying for the services that you consume and even some of the services that don’t personally benefit you.

Independent Institute: Kyle Swan- Social Justice in The Classical Liberal Tradition

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Source: Robin Smith- CBS News Correspondent Mike Wallace

Source: This piece was originally posted at FRS Daily Times 

I laugh every time I hear people call Hugh Hefner a radical or an extremist or immoral doing the work for the Devil. Whatever it might be because Hugh Hefner represents what an overwhelming majority of Americans say they are in favor of. And what the Far-Right and Far-Left in America are against which is individual freedom. The right of Americans to be able to live their own lives and not be dictated to by government or collectivists. Who believe they know better than Americans how Americans should live their own lives.

What makes Hef different from most Americans who believe in individual-freedom is that Hef is honest and public about his feelings as they relate to sex and how men feel about women and vice-versa and the role of both in society and so-forth. Where many other Americans who believe in the same things as Hef economic freedom balanced with personal freedom including sexual freedom, tolerance and against statism. And the political correctness police, but are not as public with their beliefs.

Hugh Hefer is not some type of Socialist radical looking to bring down corporate America and make the whole country dependent on the state for their well-being. But he’s also not some type of theocrat looking to ban all social activities that he doesn’t approve of. He represents where the mainstream of America is instead. And is very successful in corporate America himself fighting for. And promoting what he’s always been both which is individualfreedom.

As well economic freedom balanced with personal freedom. Which is how he’s united the Far-Left and Far-Right against him and in some cases for the same reasons with how his magazine talks about and promotes sex in America. Sharing his thoughts as well as his writers thoughts. But also how many other Americans feel, but who tend not to be as public about those feelings. Hugh Hefner is not saying you must live like him and this is the American way of life. What he’s saying is this is how he lives and is the life for him. And that every other American has the right to make these decisions for themselves.

Robin Smith: Hugh Hefner- Playboy, Activist & Rebel

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American Economy
Source: This piece was originally posted at The New Democrat

I know this is going to sound like a copout and trying not to take a hard stand and everything else, but the answer to why the American economy does better under Democratic presidents than Republican presidents to put it simply, is both. Democratic presidents tend to have better economic policies which I’ll get to later than Republicans. And when a Democrat is President many times they become President just right before the economy is about to take off. Jack Kennedy, Lyndon Johnson, Bill Clinton are perfect examples of that. Harry Truman would be another one and Barack Obama and Jimmy Carter are unfortunately the exceptions to that.

As far as policies Democratic presidents both liberal and progressive tend to want an economy that works for everyone. Sure Republican presidents I’m sure believe in the same thing. But Democrats put in the policies that make that economy come about. Which is why they focus so much on education, infrastructure, job training for low-income workers and unemployed workers whether they are educated or not, encouraging companies to invest in low-income areas.

Republicans tend to believe in what George H.W. Bush called when he ran for president in 1980 ‘Voodoo Economics’, that some others call Trickle Down Economics. “You cut regulations and taxes for employers and individuals and the economic activity that will come from those business’s and individuals that now have that extra money will now be invested in other business’s and that economic activity will benefit everyone as a whole”. That is the theory anyway, but the results have been at best mixed for thirty-five years or so ever since the policy was introduced in Congress by then Representative Jack Kemp and Senator Bill Roth.

As far as the lets say good luck, yes Democratic presidents have inherited economies that were just about to take off. Bill Clinton comes to mind in 1993 with the Cold War just ending and with the start of the Information Technology Revolution just getting under way around 1990-91 with all the cell phones and laptop computers now online and of course the internet just getting under way. The Clinton White House had their own website under way from the start and had email as well.

So yes Democratic presidents happen to of become President when the economy is just about to boom. But they’ve also have pushed policies that empowers all workers to be able to take advantage of economic booms. Economic booms do nothing for people without the skills to take advantage of them. Which is why education is always so critical for any economy to do well. And Democrats tend to push those polices more than Republicans.
PBS: Washington Week- Does The Country Do Better Under Democrats or Republicans?

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Money, Money, Money

Wealth or income redistribution, it depends on how you define it because government at all levels does it all the time everyday. And generally when government redistributes wealth it is noncontroversial. It taxes these people who live here to fund a school or fix a road over here. Social Security taxes today’s workers to pay for today’s retirees. So for anyone who says they are against wealth redistribution they should also explain how they feel about public education and roads and so forth. Things that the public uses everyday that if anything most of us tend to take for granted.

But this post is not really about noncontroversial income redistribution because where would the fun be in that. But to talk about the controversial forms of wealth redistribution at least at the hands of government. That is calls from the let’s say so-called progressive-left or even socialist-left that says “the Federal Government should tax the superrich and perhaps just plain rich people. (Perhaps minorities would be excluded) To take care of Americans who aren’t doing very well and perhaps people who aren’t technically but have to work very hard and a lot just to pay their bills”.

If you want a society that is financially free at least in the sense that it is successful and not only able to pay their bills, but set aside money for themselves and even donate to charity and perhaps look after family members and friends who may need a little extra money, that economic success simply has to be encouraged and rewarded. Instead of essentially punishing people for making it on their own and making a lot of money to take care of people who aren’t successful.

Otherwise you will create an dependent society in America instead of that free society where wealth is discouraged and dependency on government in order to survive financially is encouraged. Because you are telling people whether intentionally or not that they shouldn’t be successful because we the government will take a lot of that money from you. And also telling people that “if you aren’t successful the wealthy will take care of you at the hands of government”.

What we should be doing instead as a society especially for struggling Americans is to empower them to become successful on their own. Either by finishing their education or furthering their education. So they can get themselves the skills that they need to be successful in life. And that means reforming public education in America, making educational and job training opportunities universal for low-skilled adults. And for the college educated who now need more skills because their good job left for another country or no longer exists. And investing a lot more in infrastructure especially in underserved communities so they have the roads, schools and business’s that they need to be economically successful.

You want more Americans to be doing well in America you don’t discourage the Americans who are doing well already to stop being successful. What you do instead is continue to encourage people to be successful in this country. As well as empower more Americans to be successful as well.
Media Spin: Milton Friedman- Redistribution of Wealth

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Source: This piece was originally posted at The New Democrat

 

I would describe capitalism, or private enterprise, meaning private businesses and wealth controlled by individuals or groups of individuals, not by the state, as the worst type of economic system in the world, except for all the rest.  Actually, as has been pointed out on this blog many times, what I call liberal capitalism is capitalism designed to include everyone, where everyone has economic freedom and is not controlled by the special few or by government.  This is the worst form of capitalism, except for all the rest.

I mention that because there are several forms of capitalism, and all developed countries and rapidly developing countries, large countries like Mexico, Brazil, Russia, China, India, and Pakistan, have one form or another of a capitalist economic system. And the beauty of each of these different types of capitalist systems is the idea that your competitors cannot just outclass you but also put you out of business. So in this system, you must deliver the best services possible at the most affordable and competitive prices or be driven out of business.

The disadvantage of capitalism is that some people do very well for whatever reason, for example, starting off very rich along with getting the best education possible, or simply coming from modest roots but working very hard and productively and reaping the benefits so they are more than capable of caring for themselves and their families.

But on the other side, there are people at the bottom who, for whatever reason, either through bad personal choices, such as not finishing their education or having children before they were ready to raise them properly, or coming from a low-income family without access to a decent education, now find themselves living in poverty as adults and perhaps raising children as well.

That is where social insurance, or the safety net, jumps in to help the people at the bottom, where they are ignored by the private market or did not take advantage of the opportunities presented by the private market to make a good life for themselves. The safety net covers temporary financial assistance for people living in poverty and not currently working and provides access to education and job training, which provide the tools needed to achieve economic freedom by finding a good job with a living wage.

UMass Economics: Social vs Private Insurance

 

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