Archive for the 'Capitalism' Category

WELL $65 ISN’T 50 P, STILL, HOWEVER…

February 24th, 2017

Just in case you needed a reminder…

RENACCI RUSHES TO FURTHER GUT PROTECTIONS…

January 17th, 2017

House Resolution 5, The Regulatory Accountability Act of 2017—obfuscately described by sponsor Bob Goodlatte (R-VA-6) as a bill: To reform the process by which Federal agencies analyze and formulate new regulations and guidance documents, to clarify the nature of judicial review of agency interpretations, to ensure complete analysis of potential impacts on small entities of […]

HOW POOR CAN YOU BE AND BE ON THE LIST…?

January 16th, 2017

Over the last few days I found myself wondering just how much money you need to be on the list of the 400 wealthiest Americans. The number comes from Forbes which annually publishes the Forbes 400. The most recent list, 2016, puts Bill Gates at the top with $81 billion, $14 billion ahead of No. […]

TRUMPS TAX RETURNS ARE LIKELY WORTHLESS…

September 30th, 2016

What is Donald Trump hiding? When any of Hillary Clinton’s staff and supporters talk about Trump’s tax returns, that’s the question that they ask. They pretend that Trump’s tax returns have any real meaning. They don’t. The don’t for two reasons: first, we’re not tax lawyers able to decipher the Byzantine code we’ll find there; […]

SECRETS OF A GLOBAL SUPER COURT: PART I
WHEN A FEW ARE MORE EQUAL BEFORE THE LAW…

August 31st, 2016

Corporate society takes care of everything. And all it asks of anyone, all it’s ever asked of anyone ever, is not to interfere with management decisions. —Bartholomew What happens when real multi-national corporations aspire to the level of dominance voiced by the character of Bartholomew (played by John Houseman in the 1974 film, Rollerball? You […]

THOMAS FRANK ON THE EVILS OF MERITOCRACY…

August 30th, 2016

Thomas Frank sat down for an interview with Kathy Kiely published in Author Thomas Frank Talks Hillary Clinton, Bernie Sanders and His New Book, ‘Listen Liberal’ at Bill Moyers & Company. Frank took Kiely over a number of jumps, but the theme of meritocracy vs. solidarity resonated with me. One of the things about a […]

OR HE WENT TO HARVARD LAWLESS SCHOOL…*

July 21st, 2016

*Harvard Lawless School…

GROUND ZERO, CLEVELAND AND DONALD TRUMP…

July 17th, 2016

In Nothin’ But Blue Skies: The Heyday, Hard Times, and Hopes of America’s Industrial Heartland, Edward McClelland wrote in 2013: [Cleveland’s Slavic Village] was more than 50 percent African-American. After the slumlords came the speculators, the house-flippers. Ohio had some of the weakest lending laws in the nation. Slavic Village, a neighborhood full of unwanted […]

THE BOSSES GET RICHER, THE REST GET POORER…

July 11th, 2016

Ralph Nader, writes in Vanishing the People’s Wealth to Make the Bosses Richer: Imagine you are a shareholder in a big company and the top executives are sitting on huge amounts of cash and are not interested in putting it to work through productive capital investments, research and development, reducing company debt or paying employees […]

SO, JUST WHO ARE THE 3 PERCENT…?

May 6th, 2016

I’ve posted this video from Jimmy Kimmel elsewhere, but I think what Kimmel, and the very real scientist involved, have to say is bears repeating. Lack of unanimity is not the same as controversy. Right and wrong are not relative equals to be reported and decided upon, Facts are not convenient or inconvenient data points […]

THANK GAWD, THE VULTURES ARE HERE…

May 2nd, 2016

Mike DeBonis, reporting in Default at hand, Congress faces new pressure to act on Puerto Rico for The Washington Post writes: Hours before Puerto Rico missed hundreds of millions of dollars of bond payments, U.S. Treasury Secretary Jack Lew on Monday issued a new and urgent call for Congress to pass legislation allowing the territory […]

I’M, WE’RE ALL, LOSING MONEY AT THE BANK…

November 1st, 2015

People sometimes wonder why I stock up on non-perishable goods so much. I’m not a hoarder and I’m not worried about the zombie apocalypse. I just think that since the interest rate on my saving account—0.05 percent—is less than inflation (1.62 percent in 2014) that I’m ahead if I buy goods for tomorrow with today’s […]

BERNIE WOULD RESTORE GLASS-STEAGALL ACT…

October 9th, 2015

Too big to fail is simply too big to exist. Failure is the vaccine of Capitalism. Bad ideas, whether economic, social or ethical, ought to fail, that’s crux of the invisible hand. When a society allows the invisible hand to be thwarted by an organization’s size, then society suffers. Bernie Sanders understands that. Sen. Bernie […]

MYTH BUSTING THE FIREWATER FAIRY TALE…

October 5th, 2015

I first heard the myth of Native Americans having no natural resistance to alcohol when I was a senior in high school; and I heard the story from a Vietnam veteran and former Marine who was also an Indian (I use that term advisedly, having spoken with Dennis Banks once). To my uneducated mind, the […]

OUR GREED-ENGENDERED ECONOMIC DISASTER…

September 25th, 2015

If you tell a lie enough times, people will begin to accept the lie as truth. There are many such lies floating around—humans only use 10 percent of their brains, leaps to mind—but this morning I’m thinking about another, one not started by, but most certainly given a mainstream push by, President John F. Kennedy: […]

BOO HOO HOO AMAZON RECRUITS, GET REAL…

August 18th, 2015

Get More: Comedy Central,Funny Videos,Funny TV Shows So, The New York Times talks to highly paid Amazon employees looking to be treated like they’re still living at home with their shelf of Best Smile trophies. Well, boo hoo hoo. Welcome to the real world where work is work. These people fell for the do what […]

PHOOLS AND THEIR MONEY ARE SOON PARTED…

August 8th, 2015

One of the commenters on Oliver Berkeman’s Exploiting gullible people is a modern form of mining in The Guardian quipped: Capitalism was created by psychopaths. That is not to imply that all all Capitalists are psychopaths, but I wouldn’t dispute that the best Capitalists are. If what he said is true, Delmaro’s customer, it’s reasonable […]

MY NEW FAV0RITE PHRASE: DUNG OF THE DEVIL

July 11th, 2015

Yes, I know, all of the news coming out of the Vatican of late might simply be meant to distract the world from past issues like pedophile priests, but I’m willing, for now, to give Pope Francis his chance. Earlier this year he pissed off American petroleum industry hacks politicians by saying that Global Warming […]

STEPHEN KING JOINS WARREN BUFFETT ON TAXES…

March 22nd, 2015

When billionaires say their taxes are too low, other billionaires say fine, cut a check. This disingenuous response hides, however, the core message wealthy people like Warren Buffet, Nick Hanauer and now Stephen King wish to deliver. They believe, indeed the majority of people worth more than $1 million believe, that all people with more […]

WILLY WONKA WOULD BE PROUD…

March 15th, 2015

Last weekend my bank went offline to upgrade its online systems. When I logged on following the upgrade I was greeted with a 47-page, 23,060-word behemoth of an End User License Agreement to which I was required to check that I had indeed read and accepted the Terms and Conditions. To my own peril, like […]