Showing posts with label oligarchs. Show all posts
Showing posts with label oligarchs. Show all posts
Monday, December 10
Sunday, December 9
Wednesday, September 26
The Only Man Harsher Than Moi
...Max Keiser and Stacy Herbert discuss the ‘bankstatocracy’ that has led to what the mainstream financial media calls an ‘unintended’ wealth gap in the consumer sector – between those who recovered from the recession, and those still struggling. Any suggestions that this wealth gap might be intentional is ‘suspicious’ behavior, according to the US government.
Wednesday, September 5
«Λ»unctuating Hedges' The World As It Is
Friday, August 31
Wednesday, August 22
Ticket To Ride?
And if all this seems, now, ridiculous and theatrical apprehension on the part of a nineteen-year old boy, I can say only that it didn’t seem remotely ridiculous then. A black person in this democracy is certain to endure the unspeakable and the unimaginable in nineteen years. It is far from an exaggeration to state that many, and by the deliberate will and action of the Republic, are ruined by that time.
White Americans cannot, in the generality, hear this, any more than their European ancestors, and contemporaries, could, or can. If I say that my best friend, black, Eugene, who took his life at the age of twenty-four, had been, until that moment, a survivor, I will be told that he had "personal" problems. Indeed he did, and one of them was trying to find a job, or a place to live, in New York. If I point out that there is certainly a connection between his death (when I was twenty-two) and my departure for Paris (when I was twenty-four) I will be condemned as theatrical.
But I am really saying something very simple. The will of the people, or the State, is revealed by the State’s institutions. There was not, then, nor is there, now, a single American institution which is not a racist institution. And racist institutions-—the unions, for one example, the Church, for another, and the Army—or the military—for yet another, are meant to keep the nigger in his place. Yes: we have lived through avalanches of tokens and concessions but white power remains white. And what it appears to surrender with one hand it obsessively clutches in the other.
Friday, August 17
Monday, August 13
“Cleaning Up” America Por los Touristas
Priam Rosenberg |
In Times Square ... well then it's obviously right and proper that you get sprayed with (twelve!) bullets instead. America: FUCK YEAH!
Kill-shots are so manly. N'est-ce pas?
Thursday, July 26
Tuesday, June 5
“The Revolution”
... All political parties have some sort of ‘ vested interest ’ in their opponent’s unpopular moves. They live by them and are therefore liable to dwell upon, to emphasize, and even to look forward to them. They may even encourage the political mistakes of their opponents as long as they can do so without becoming involved in the responsibility for them. This, together with Engels’ theory, has led some Marxist parties to look forward to the political moves made by their opponents against democracy. Instead of fighting such moves tooth and nail, they were pleased to tell their followers : ‘ See what these people do. That is what they call democracy. That is what they call freedom and equality !
Saturday, June 2
Just Another Day in the House of the Dead
Depends on what you mean by “dead”
So exposing classified national security information is an act of criminal evil when done by a whistleblower to expose high-level error or abuse, or to a court trying to assess the legality of the President’s actions. But it is an act of great nobility when done to venerate the President as a strong and tough warrior. That’s the manipulative, propagandistic game-playing this administration exploits with its secrecy powers and whistleblower prosecutions.
Friday, June 1
Supplication in the House of the Dead
Depends on what you mean by “reach-around”
When I visited the office of a noted Wall Street gray eminence the day after Paulson accepted the job as treasury secretary, my host said to me, "There’s been a lot of talk about why he did it, and the best explanation I have heard is that he and a lot of the guys he is close to Worry about potential market disruptions that could be big problems if the right guy is not in there with his hand on the tiller. I think he feels like he can really add some value and that he may really be needed? (The mortgage crisis later suggested there may have been some merit to this thesis.)
It is remarkable that there has been a relatively low level of outcry about the steady flow of executives from 55 Broad Street to offices inside the Washington beltway. Vice chairman of Goldman Sachs International Bob Hormats, himself a former senior official, said, "It is fairly unusual. . . I think it is because it has been demonstrated that when Goldman Sachs people get into these jobs, they give no preference to Goldman Sachs. There is no shred of evidence that they use any of[133]their influence on behalf of Goldman Sachs. If there were, just once, given the remarkable activity of Goldman Sachs in the private sector, it would be over. There would be an incredible hue and cry."
Monday, May 28
Standing On The Top
“That funk is here to stay, oh (We understand it)”
The Power Of Politics
Clearly, the richest would not be drawn to politics if politics did not offer them additional power above and beyond that which they had already acquired through financial or other professional success. Winning (or seizing) political office, or having the ability to influence political decisions, or having a base of political support directly empowers individuals. The source of the power is multifold. It is the power of the institutions that one has leadership within. It is the power of allocating the resources and setting the agenda for those institutions. It is the power to influence the creation of new laws and regulations, which offer the ability actually to institutionalize key ideas. It is the power of the history and national identity associated with those institutions. It is the power that comes from having quantifiable support among the people of a country or region. Government service is seen as legitimizing, as service to the community, with high posts also seen as the capstone of a career (although they often provide additional access and networks that can offer further opportunities for profit post-government). This leads directly to many top business leaders taking massive pay cuts to work in government.
Burdensome White Dude
[Cecil] Rhodes schemed and behaved like a politician, not a merchant. He acted with the ruthlessness and calculated brutality of a mediaeval warlord. He was a brilliant manipulator and, some would argue, swindler, his actions made noteworthy by his audacity. The legends and myths surrounding him are legion. He bought newspaper companies, both secretly and openly, because of his conviction that “the press rules the minds of men.” He has been accused of pressuring doctors to suppress information concerning a smallpox epidemic among the African labour force of his diamond mines, believing that this information would disrupt production because labourers would steer clear of the region; and it would, of course, cost money to pay for inoculations—money he did not want to spend.
Friday, May 25
You say you got a real solution
Eh bien, vous savez ...
Yes, the incentives given to business and investment leaders to motivate them to work harder and trigger growth benefit all. But are the incentives really market incentives, predicated on unfettered economic interaction, or has the system been fine-tuned to disproportionately benefit those who lead organizations, make investment decisions, and run boardrooms? It is true that governments have been unable to do much of what they should to improve the welfare of their people, and in a vast number of cases markets have done much more. But is creating a false choice between governments and markets, as so many politicians have done, productive or practical when neither can do the job of creating a thriving or just society alone?
Wednesday, May 23
Oh Brudder
“D'ere goes me bread 'n' buttah”
My wife and I, in view of our own less than lavish accommodations, tried to imagine that we were in touch with Davos’s roots as a destination for a spa cure—literally the place about which Thomas Mann wrote The Magic Mountain.
Mann, of course, had no idea quite how magic the mountain would become. Walking through the metal detector into the welter of activity in theKongress Hotel’s lobby, it was once again clear. A small pride of women swaddled in mink and all manner of tasteful bling glided past looking vaguely predatory and, frankly, frightening. Behind them came their husbands, a group of U.S. senators including John McCain of Arizona.
p. 16
David Rothkopf, Superclass - 2008
Tuesday, May 22
More “Pierce-ing” Disapprobation
Why Is America So Happy for Facebook?
w/ Keebler elves working in a nuclear missile silo
w/ Keebler elves working in a nuclear missile silo
If we cheer for big money simply as big money, we're simply never going to get right again. If we pretend to be vicariously rich in order to avoid the fact that so many of us are becoming unnecessarily poor, if the shift of the national wealth has within it elements that we're willing to root for as though they were the U.S. Olympic Plutocrats Team, we will get ourselves suckered again and again. This was a triumph of the insiders, of the people who concocted credit-default swaps and collateralized debt obligations, and the people who will do it again, over and over, unless a more critical eye is placed upon them by the institutions of self-government. This does nothing to ameliorate the effects of our rigged casino economy. It solves nothing connected to wealth inequality or unemployment. It is magic numbers on the screen to which only a very few people have the password, and they're not sharing it with anyone.
Friday, May 11
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