Sigh. How do we get more Serious PeopleTM to read eurotrib? In the long run, we're all dead. John Maynard Keynes
The union guys asked the hardest-hitting questions, explicitly saying that others probably did not dare ask them... In the long run, we're all dead. John Maynard Keynes
The Claim (Hutchinson Operator):
[W(A) U a1(w1) U a2(w2) ... an(wn), n = 1, 2, 3 ....] such that SIWIGO = 1
Where:
W = Repertoire of Operations on the data w = Selected operation A = Total data stream a = Selected data SIWIGO = Some Idea of What Is Going On.
What Really Happens:
[WB(BA) U ab1(wb1) U ab2(wb2) ... abn(wbn), n = 1, 2, 3 ....] such that SIWIGO = {}
WB = Repertoire of Operations on the data allowed by the Big Bosses
wb = Selected operation on data by little bosses to confirm the prejudices and preconceptions of the Big Bosses
AB = Total data stream selected to confirm the prejudices and preconceptions of the Big Bosses
ab = Selected data specifically chosen to confirm the prejudices and preconceptions of the Big Bosses A doo run-run-run, a doo run-run
Don't know about France. In the US telling the truth or questioning higher ups is a sure ticket to unemployment for white collar workers. A 'blue collar' worker is simply ignored; after all, if that person knew anything they'd be a white collar worker. A doo run-run-run, a doo run-run
How does it feel to be One of the Serious People? Now that you know who you are What do you want to be? And have you traveled very far? Far as the eye can see. How does it feel to be One of the Serious People? How often have you been there? Often enough to know. What did you see, when you were there? Nothing that doesn't show. Baby you're a rich man, Baby you're a rich man, Baby you're a rich man too. You keep all your money in a big brown bag inside a zoo. What a thing to do.
Still - it must be galling to work for such a total noob.
This applies especially to Francis Fuk-u-uppa, who writes in the Guardian too often for my liking (about once every 3 months is far far too often). keep to the Fen Causeway
Question: What does ET offer a US population in turmoil, after the election? Time to get the concepts/arguements/etc. organized. Time to become a bonafide "Think Tank"? Obama Time less than a month away. The music's over. I've turned out the lights. Bye Bye.
I honestly think that an Obama presidency may do more harm than a McCain one would.
Because, McCain will be kept on a leash. Obama will not, and the cultish impulse means that dissent will be punished. So there will likely be less room for challenging the wisdom of current economic policy then than there is now. And with Rubin and friends running the show, there is no chance that they are going to take Wall Street on.
And in the end, this will serve to discredit the Left on economic issues. And that means more of the same. And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg
McCain's thirst for WW3 wouldn't be good for the economy either.
you are the media you consume.
Give Obama options which AT LEAST have a chance at turning things around. That's what America will want, and ineffective bullshit won't cut it. The music's over. I've turned out the lights. Bye Bye.
NEXT! The music's over. I've turned out the lights. Bye Bye.
NEXT!
This is precisely the reason that nothing will change.
Because the moment that anyone expresses an inkling of doubt, it's SYFPH.
And that's not going to cut it when there is a serious economic crisis underway.
I have no doubt that an Obama Presidency would see the passage of the Employee Free Choice Act, but I doubt that there's going to commitment to the level of market regulation that's needed to deal with the root problem.
Markets are not self-regulating. Acting as though they are means encourages corrupt behavior, and ridiculous schemes like the derivates swindle to develop.
This is fully understood by those who encourage deregulation, and then when it becomes clear that markets have become little more than the mega-casinos of the "serious people" they acted shocked, just shocked, at the corruption going on.
Pressing working people into compromise with the "serious people" on Wall Street is like asking chickens to make a deal with Col. Sanders.
But instead of focusing on the rape of the American economy, we've been swept up in a feel good campaign about whether this election is going to be historic for because it put a women or a black man into a position of power.
Now millions may be left without work, hundreds of thousands without homes, and a nation without real hope.
But don't you see that doesn't matter, because this campaign is going to be historic however it ends up. It's a damn shame that those without homes can't sleep beneath the shadow of history, and that those who go hungry can't eat it. But it's history that we'll have, and the consequences for humanity be damned. And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg
It isn't just banks. GM closed below $5 today. The time has come for the government to take a controlling stake in GM and get rid of the current management. The collapse of GM would lead to wages in the sector being dropped to the Delphi rate that's about half what the wage is now. The transplants will follow. Toyota in Kentucky was caught with its pants down on this one about 2 years back. Honda has always refused to match wages in the auto sector. The collapse of wages in the auto sector means depression, because it will create a downward spiral on wages in the areas this plants have been built.
The end result? Depression level unemployment in Michigan and the Midwest as demand is destroyed in those regions. Unemployment is at or near 9% in Michigan, and in auto cities in Indiana. If you slash wages in the auto factories, people are going to default on their house, and they sure the fuck aren't going to be eating out or going to shop. Demand destruction results in the resulting reductions in supply. If people lose their jobs, then the people who made the products that the job losers lose their jobs too. It's a cycle of destruction. Same thing with wage cuts.
I'm sorry, but I don't see an adequate appreciation for the gravity of the situation from either Obama or McCain. We've got Al Smith running against Herbert Hoover, and we're starting economic calamity down. Forgive me for being less than ecstatic about the prospects of the election to actually make a difference. And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg
Remember, the US is run by a one-party, two-party system. Unlike Janus, the two faces are posed looking the same direction: downward at the tax revenue of the US Treasury. Share. Share resources, share delight, share burdens, share the healing. If we only could realize that sharing will bring us back from mass suicide.
no-one can make water run uphill, but they succeeded beyond their wildest dreams in making capital do just that!
icarus flew too close to the sun, and gravity took over.
some of them are just covering their asses feigning naivete, having safely offshored their profits ahead of time.
"who me? how could i have known, do you expect me to go scrape the internet for wild-eyed prophecies to clue me in?"
er, yes actually... it's called due diligence The person who says it cannot be done should not interrupt the person doing it. Chinese Proverb.
now you'll be blogging more to celebrate our new readers, and help them up to speed!
welcome new eyeballs, you have arrived... The person who says it cannot be done should not interrupt the person doing it. Chinese Proverb.
