Wednesday, October 19, 2011
Just Trust Them
That this system has persisted for so long with little outside scrutiny is a testament to the widespread belief that rich white men in nice suits can't possibly be corrupt.
Cash
Yes it would be good policy to let employees take parking benefit money in cash instead, which is why it's probably unlikely to happen. Cynical me.
Assholes
I don't like to do the generational thing, but I imagine that one reason our Galtian Overlords are the extreme sociopaths they are has to do, in part, with the fact that they're a couple generations removed from any awareness of material deprivation. The Great Depression, WWII, and Korean and Vietnam wars didn't exactly impact everybody equally, but the devastation hit across class lines a bit more. As such things recede, and the portion of the population who are on their 3rd and 4th generation of relative wealth grows, it's likely that the giant asshole class is something we're going to have to learn to live with.
Just Some Paperwork Problems
And we've been warning about this stuff for years...
The highest court in Massachusetts ruled that a homeowner who bought a foreclosure that hadn't been properly conducted by the foreclosing bank in 2006 didn't have legal ownership of the property.
The decision by the Supreme Judicial Court casts a cloud over the legal ownership of any properties in Massachusetts where banks didn't properly convey title when foreclosing. The problem has gained attention nationwide because of banks' use of "robo-signing" and other dubious practices that may have broken chains of title on foreclosures.
Confidence
It's not that there's nothing to the "confidence" issue, but the more important issue is that people don't have any goddamn money. Yes, "I'm worried I won't have much money in the future" affects behavior, but it's a bit less important than its cousin "I don't have any fucking money now."
Perpetual Bailout
There isn't much ordinary people can do to protest the actions of our corrupt financial elite. However, if you have a Bank of America account you can remove your money and place it in a smaller and/or less evil institution. Small size does not guarantee less evil, but it does imply less influence in our corrupt system.
Austerity Forever
On repeat here, but if the deficit fetishists actually cared about the deficit they'd understand that the best way to get rid of it is economic growth. There is no evidence at the moment that the deficit is having any negative impact on economic growth through higher interest rates, so the lack of growth is due to something else. Fix the economy, fix the deficit.
But they don't care about the deficit, the care about cutting spending. They don't care about cutting spending on freedom bombs and perpetual war everywhere, they care about cutting spending for old people and poor people. They aren't noble fiscal hawks, they're just bad people who enjoy the suffering of others.
But they don't care about the deficit, the care about cutting spending. They don't care about cutting spending on freedom bombs and perpetual war everywhere, they care about cutting spending for old people and poor people. They aren't noble fiscal hawks, they're just bad people who enjoy the suffering of others.
Tuesday, October 18, 2011
HOW ABOUT ONE TRILLION TRILLION
Rich people gotta eat.
France and Germany have reached agreement to boost the eurozone's rescue fund to €2tn as part of a "comprehensive plan" to resolve the sovereign debt crisis that the eurozone summit should endorse this weekend, EU diplomats said.
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