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September 4, 2012 at 10:11 AM in reply to: Matt Taibbi | Greed and Debt: The True Story of Romney and Bain Capital #751106September 4, 2012 at 10:07 AM in reply to: Matt Taibbi | Greed and Debt: The True Story of Romney and Bain Capital #751108
Arraya
Participant[quote=Brutus]The great things about Rolling Stone and Matt what’s-his-name, is how absolutely objective and un-biased they are. If you read it in RS, it is true.[/quote]
Be honest, you did not read more than a paragraph or two
ParticipantObama sucks capital’s cock like a $2 whore. He dropped to his knees as soon as he got in office. This narrative is batshit crazy. I mean, its serious comic book stuff -which is why it is so popular with fundamentalist christians.
Participant[quote=enron_by_the_sea]Dinesh D’Souza should be commended for having achieved “success” by catering to a huge under-served market of Americans who yearn for an ultimate proof that Obama is communist.[/quote]
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ParticipantA good book to read up on the history of circumcision and its expansion to the West is “Marked in Your Flesh” by anthropologist Leanard Glick.
Circumcision began in America, and in the rest of the English-speaking world in the Victorian Era, when it was introduced as a way to stop masturbation.
Circumcision didn’t stop masturbation, and “researchers” have been looking for “medical benefits” for it since… Maybe, after a century, they finally found something with the STD thing.
Why even look for benefits. Nothing wrong with a little ritual sexual mutilation. yahweh needs his tasty piece of penis flesh. Yumm
ParticipantAugust 30, 2012 at 7:37 PM in reply to: Awesome front page LA Times article on the severe state pension issues #750961ParticipantIt’s a global phenomena!
http://theautomaticearth.com/Finance/the-global-demise-of-pension-plans.html
The Global Demise of Pension PlansAugust 18, 2012 at 10:54 PM in reply to: Good fact based WSJ article on who pays taxes in America #750520ParticipantAugust 1, 2012 at 11:10 PM in reply to: Behind the Scenes in the Libor Interest Rate Scandal #749362ParticipantSo, where is the scandal? Both practices – manipulating LIBOR rates and transferring money to tax havens – are absolutely normal practices in a capitalist world-economy. The object of capitalism is after all the accumulation of capital – the more the better. A capitalist who doesn’t maximize revenue, one way or the other, will sooner or later be eliminated from the game.
The role of the states has never been to control or limit these practices, but to wink at them for as long as they can. Every once in a while, the practices – of the capitalists and of the states – gets momentarily exposed. A few people go to jail, or are forced to return the technically illegal profits. And politicians talk of reform – seeking to adopt with great fanfare the lowest level of “reform” they can get away with.
But this is not a scandal, because what is called “scandal” is in fact the heart of the system. Will this ever change? Yes, of course. One day the system will be no more. Of course that opens another question. Will the successor system be better? It’s possible, but far from certain.
In the meantime, to call the LIBOR manipulations a scandal is to draw our attention away from the fact that it is simply one more normal way of accumulating capital. In 1992, James Carville, campaign strategist for Bill Clinton, then running for U.S. president, famously said, “It’s the economy, stupid.” Faced with the so-called scandals, we ought to be saying, “It’s the system, stupid.” http://www.iwallerstein.com
August 1, 2012 at 9:29 PM in reply to: Neil Barofsky Gave Us The Best Explanation For Washington’s Dysfunction We’ve Ever Heard #749358Participanthttp://theautomaticearth.comt/Finance/libor-lies-and-derivatives.html “The “resolution” of the LIBOR scandal (which will probably never be completed) will show us once again that we have a choice to make between either saving the banks or saving our economies and societies. We can’t do both. But in all honesty, I doubt that the prospect of such a choice is real. It looks to me like the choice has long since been made by a succession of unrepresentative representatives we elected with our empty votes, and who have left us with a runaway crossover between Frankenstein and the Sorcerer’s Apprentice. I wasn’t kidding when I said the other day that if you want your vote to count, you’ll have to get out into the streets to do so.
The LIBOR affair is one in a series of things laid bare by the ongoing financial crisis that will inevitably, at one point or another, force us to confront the moral bankruptcy that has come to control our societies”
ParticipantThe problem gets solved one way or another. From collapsing empires to bloody revolutions. Extreme wealth disparity has marked the end of every empire.
There are a handful of experts on what might be called the holistic, interdependent nature of complex societies. Most with, the exception of Jared Diamond, would classify global capitalism in catabolic collapse already, Diamond thinks western civilization has a 51% change of surviving – I would not be so generous.
Participanthttp://www.sciencedaily.com/releases/2012/03/120307112614.htmMarket Exchange Rules Responsible for Wealth Concentration, Physicists Say
ScienceDaily (Mar. 7, 2012) — Two Brazilian physicists have shown that wealth concentration invariably stems from a particular type of market exchange rules — where agents cannot receive more income than their own capital. The authors concluded that maximum inequalities ensue from free markets, which are governed by such seemingly fair rulesParticipant[quote=ucodegen]Not supported by facts at hand. If guards @ prisons in California can exceed $100k/yr with full benifits, GM Union Autoworkers can almost do the same, San Diego Port Authority fork lift operators get nearly $140k/yr.. seems to contradict the statement.
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Not sure how this contradicts anything. Democrats have been replacing union dollars with corporate money for a long time – hence in a battle for power – capital has been eroding union power(which also comes through money), for decades. This will continue.
I really hope unions get slaughtered in the next couple years including police pensions. This would be very helpful.
http://www.opensecrets.org/news/2011/03/unions-businesses-vie-to-fill.html
Even as many Democrats have stood in solidarity with workers whose collective bargaining rights have come under fire in Wisconsin and elsewhere across the country, at the federal level, Democratic candidates and groups have increasingly relied on the business community for support.A decade ago, during the 2000 election cycle, labor unions accounted for about 40 percent of all money Democrats collected from political action committees, according to research by the Center for Responsive Politics.
That figure has steadily declined since.
Participant[quote=harvey]Yeah, right.
The purchase of political influence is the core problem in our government today. There’s plenty of it on both sides: corporations on the right, unions on the left.
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Well, the unions have been getting weaker for about 4 decades. How come the democrats are such failures?
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