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thinkahol *

I, Consumer? | Truthout - 0 views

www.truthout.org/...1304184750

Where have all the people gone? Not to mention citizenry human beings neighbors inhabitants individuals men women adults children workers employees employers? Suddenly everywhere gone of them. Their places taken by consumers.

shared by thinkahol * on 01 May 11 - No Cached
  • thinkahol * on 01 May 11
     
    Where have all the people gone? Not to mention the citizenry, human beings, neighbors, inhabitants, individuals, men, women, adults, children, workers, employees, employers? Suddenly, everywhere, gone, all of them. Their places taken by consumers.
Ramby Smith

Romney Kicked Ass and Clinton Didn't Inhale - 0 views

catalpagrove.blogspot.com/...ked-ass-and-clinton-didnt.html

romeny clinton presidential politics

shared by Ramby Smith on 13 May 12 - No Cached
  • Ramby Smith on 13 May 12
     
    The early lives of American political candidates probably should not carry as much versus how they handle themselves as adults.
osvinwebsolution osvinwebsolution

political humor - 0 views

www.political-humor.org/odel-for-america-detroit.shtml

political humor

shared by osvinwebsolution osvinwebsolution on 14 Jun 12 - No Cached
  • osvinwebsolution osvinwebsolution on 14 Jun 12
     
    The National Institute for Literacy estimates that 47% of adults in the city of Detroit are functionally illiterate.
thinkahol *

The Jeffrey Goldberg Media - Glenn Greenwald - Salon.com - 0 views

www.salon.com/...index.html

media jeffrey goldberg

shared by thinkahol * on 28 Jun 10 - Cached
  • thinkahol * on 28 Jun 10
     
    In a stunning display of self-unawareness, The Atlantic's Jeffrey Goldberg pointed to last week's forced "resignation" by Dave Weigel from The Washington Post as evidence that the Post, "in its general desperation for page views, now hires people who came up in journalism without much adult supervision, and without the proper amount of toilet-training." Goldberg then solemnly expressed hope that "this episode will lead to the reimposition of some level of standards." Numerous commentators immediately noted the supreme and obvious irony that Goldberg, of all people, would anoint himself condescending arbiter of journalistic standards, given that, as one of the leading media cheerleaders for the attack on Iraq, he compiled a record of humiliating falsehood-dissemination in the run-up to the war that rivaled Judy Miller's both in terms of recklessness and destructive impact.
thinkahol *

Wonkette : Arizona School Demands Black & Latino Students' Faces On Mural Be Changed To... - 0 views

wonkette.com/...s-on-mural-be-changed-to-white

arizona school racism

shared by thinkahol * on 07 Jun 10 - Cached
  • thinkahol * on 07 Jun 10
     
    Here we are again.Hard to find even the Gallows Humor in this story, so maybe we won't even try. Maybe it's time to admit that large chunks of America are in the hands of unreconstructed racists and vulgar idiots, and that the popular election of a black man as president just might've pushed these furious, economically doomed old white people into a final rage that is going to end very, very badly. Ready? Here you go: An Arizona elementary school mural featuring the faces of kids who attend the school has been the subject of constant daytime drive-by racist screaming, from adults, as well as a radio talk-show campaign (by an actual city councilman, who has an AM talk-radio show) to remove the black student's face from the mural, and now the school principal has ordered the faces of the Latino and Black students pictured on the school wall to be repainted as light-skinned children.
thinkahol *

t r u t h o u t | Memories of Hope in the Age of Disposability - 0 views

www.truth-out.org/es-hope-age-disposability63631

t r u h o | Memories of Hope in the Age Disposability henry giroux

shared by thinkahol * on 03 Oct 10 - No Cached
  • thinkahol * on 03 Oct 10
     
    Any rigorous conception of youth must take into account the inescapable intersection of the personal, social, political and pedagogical embodied by young people. Beneath the abstract codifying of youth around the discourses of law, medicine, psychology, employment, education and marketing statistics, there is the lived experience of being young. For me, youth invokes a repository of memories fueled by my own journey through an adult world, which largely seemed to be in the way, a world held together by a web of disciplinary practices and restrictions that appeared at the time more oppressive than liberating. Lacking the security of a middle-class childhood, my friends and I seemed suspended in a society that neither accorded us a voice nor guaranteed economic independence. Identity didn't come easy in my neighborhood. It was painfully clear to all of us that our identities were constructed out of daily battles waged around masculinity, the ability to mediate a terrain fraught with violence and the need to find an anchor through which to negotiate a culture in which life was fast and short-lived. I grew up amid the motion and force of mostly working-class male bodies - bodies asserting their physical strength as one of the few resources over which we had control.
Skeptical Debunker

Rough Water - 0 views

www.earthisland.org/...roughwater

Klamath River dams agreement negotiation controversy protest violence

shared by Skeptical Debunker on 03 Mar 10 - Cached
  • For most of the last 1,500 years, the river supported a sustainable salmon economy. Salmon were at the heart of all the Klamath’s tribal cultures, and Indians were careful not to over-harvest them. Each summer, the lower Klamath’s Yurok and Hoopa tribes blocked the upstream paths of spawning salmon with barriers; then, after ten days of fishing, they removed the barriers, allowing upstream tribes to take their share. As the salmon completed their lifecycle, dying in the waters where they’d been spawned, they enriched the watershed with nutrients ingested during years in the ocean. Among the beneficiaries were at least 22 species of mammals and birds that eat salmon. Even the salmon carcasses that bears left behind on the riverbanks fertilized trees that provided shade along the river’s banks, cooling its waters so that the next generation of vulnerable juvenile salmon could survive. “We tried to go to court, to go through the political process, but it didn’t work. …The big issues were still out there, and we still had to resolve them.” Salmon’s biological family may have started in the age of dinosaurs a hundred million years ago. They’ve survived through heat waves and droughts, in rivers of varying flow, temperature, and nutrient load – but they were as ill-prepared for Europeans’ arrival as the Indians themselves. Gold miners who showed up in the mid-nineteenth century washed entire hillsides into the river with high-pressure hoses and scoured the river’s bed with dredges. Loggers dragged trees down streambeds, causing massive erosion, and dumped sawdust into the river, smothering incubating salmon eggs. Cattle grazed at the river’s edge, causing soil erosion and destroying shade-giving vegetation. Farmers diverted water to feed their crops. The dams were the crowning blows. Between 1908 and 1962, six dams were built on the Klamath. The tallest, the 173-foot-high Iron Gate, is the farthest downstream, and definitively blocked salmon from the river’s upper quarter – after it was built, the river’s salmon population plummeted. In addition, the dams devastated water quality by promoting thick growths of toxic algae in the reservoirs. For Klamath basin farmers, however, the dams were deemed indispensable, as they generated hydropower that made pumping of their irrigation water possible.To the farmers, the potential loss of the dams’ hydropower was considered no less crippling than an end to Klamath-supplied irrigation.
  • For most of the last century, the farmers were oblivious to the damage that dams and water diversions caused downstream, while the tribes and commercial fishermen quietly seethed. The annual salmon run, once so abundant that people caught fish with their hands, was roughly pegged at more than a million fish at its peak; in recent years it has dropped to perhaps 200,000 in good years, and as low as 12,000 – below the minimum believed necessary to sustain the runs – in bad years. Spring Chinook, which once comprised the river’s dominant salmon run, entirely disappeared. Two fish species – the Lost River sucker and the shortnose sucker – that once supported a commercial fishery, were listed as endangered in 1988. Coho salmon were listed as threatened nine years later. All this has had a devastating impact on the tribes. Traditionally able to sustain themselves throughout the year on seasonal migrations of the river’s salmon, trout, and candlefish, tribal members suffered greatly as the runs declined or went extinct. For four decades beginning in 1933, the tribes were barred from fishing the river even as commercial fishermen went unrestricted. Members of the Karuk tribe once consumed an estimated average of 450 pounds of salmon a year; a 2004 survey found that the average had dropped to five pounds a year. The survey linked salmon’s absence to epidemics of diabetes and heart disease that now plague the Karuk. The 2001 cutoff left farmers without irrigated water for the first time in the Klamath Project’s history. Over the next four months, many farmers performed repeated acts of civil disobedience, most notably when a bucket brigade passed pails of banned water from its lake storage to an irrigation canal while thousands of onlookers cheered. The protests attracted Christian-fundamentalist, anti-government, and property rights advocates from throughout the West; former Idaho Congresswoman Helen Chenoweth-Hage likened the farmers’ struggle to the American Revolution.
  • ...3 more annotations...
  • A year later, it was the tribes’ and fishermen’s turn to experience calamity. According to a Washington Post report, Vice President Dick Cheney ordered Interior Department officials to deliver Klamath water to Project farmers in 2002, even though federal law seemed to favor the fish. Interior Secretary Gale Norton herself opened the head gates launching the 2002 release of water to the Project, while approving farmers chanted, “Let the water flow!” Six months later, the carcasses of tens of thousands of Chinook and Coho salmon washed up on the riverbanks near the Klamath’s mouth, in what is considered the largest adult salmon die-off in the history of the American West. The immediate cause was a parasitic disease called ich, or “white spot disease,” commonly triggered when fish are overcrowded. Given the presence of an unusually large fall Chinook run in 2002 and a paucity of Klamath flow, the 2002 water diversion probably caused the die-off. Yurok representatives said that months earlier they begged government officials to release more water into the lower river to support the salmon, but were ignored. photo courtesy Earthjustice In 2002, low water levels on the Klamath led to the largest adult salmon die-off in the history of the American West. The die-off deprived many tribes-people of salmon and abruptly ended the river’s sport-fishing season, but its impact didn’t fully register until four years later, when the offspring of the prematurely deceased 2002 salmon would have made their spawning run. By then the Klamath stock was so depleted that the federal government placed 700 miles of Pacific Ocean coastline, from San Francisco to central Oregon, off limits to commercial salmon fishing for most of the 2006 fishing season. As a result, commercial ocean fishermen lost about $100 million in income, forcing many into bankruptcy. Even more devastating, a precipitous decline in Sacramento River salmon led to the cancellation of the entire Pacific salmon fishing season in both 2008 and 2009. The Klamath basin was in a permanent crisis. It turned out that desperation and frustration were perfect preconditions for negotiations. “Every one of us would have rolled the others if we could have,” Fletcher, the Yurok leader, says. “We all tried to go to court, to go through the political process, but it didn’t work – we might win one battle today and lose one tomorrow, so nothing was resolved. We spent millions of dollars on attorneys, plane tickets to Washington, political donations, but it didn’t make any of us sleep any better, because the big issues were still out there, and we still had to resolve them.”
  • In January 2008, the negotiators announced the first of two breakthrough Klamath pacts: the 255-page Klamath Basin Restoration Agreement. In it, most of the parties – farmers, three of the four tribes, a commercial fishermen’s group, seven federal and state agencies, and nine environmental groups – agreed to a basic plan. It includes measures to take down the four dams, divert some water from Project farmers to the river in return for guaranteeing the farmers’ right to a smaller amount, restore fisheries habitat, reintroduce salmon to the upper basin, develop renewable energy to make up for the loss of the dams, and support the Klamath Tribes of Oregon’s effort to regain some land lost when Congress “terminated” its reservation in 1962. This was a seminal moment, a genuine reconciliation among tribal and agricultural leaders who discovered that the hatred they’d nursed was unfounded. “Trust is the key,” says Kandra, the Project farmer who went from litigant to negotiator. “We took little baby steps, giving each other opportunities to build trust, and then we got to a place where we could have some really candid discussions, without screaming and yelling – it was like, ‘Here’s how I see the world.’ Pretty valuable stuff. The folks that developed those kinds of relationships got along pretty good.” Still, one crucial ingredient was missing: Unless PacifiCorp agreed to dismantle the dams, river restoration was impossible, and the pact was a well-intentioned, empty exercise. But PacifiCorp now had compelling reasons to consider dam removal. Not only was relicensing going to be expensive, but Klamath tribespeople were becoming an embarrassing irritant, in two consecutive years interrupting Berkshire Hathaway’s annual-meeting/Buffett-lovefests in Omaha with nonviolent protests that won media attention. Also, the Bush administration, customarily no friend of dam removal, signaled its support for a basin-wide agreement. Negotiations between PacifiCorp and mid-level government officials began in January 2008, but made little progress until a meeting in Shepherdstown, West Virginia four months later, when for the first time Senior Interior Department Counselor Michael Bogert presided. As Bogert recently explained, President Bush himself took an interest in the Klamath “because it was early on in his watch that the Klamath became almost a symbol” of river basin dysfunction. To Bush, the decision to support dam removal was a business decision, not an environmental one: The “game-changer,” Bogert said, was the realization that because of the high cost of relicensing, dam removal made good fiscal sense for PacifiCorp. That fact distinguished the Klamath from other dam removal controversies such as the battle over four dams on Idaho’s Snake River, whose removal the Bush administration continued to oppose.
  • In November 2008, when then-Interior Secretary Dirk Kempthorne announced a detailed agreement in principle with PacifiCorp to take down the dams, he acknowledged that he customarily opposed dam removal, but that the Klamath had taught him “to evaluate each situation on a case-by-case basis.” In September 2009, Kempthorne’s successor, Ken Salazar, announced that PacifiCorp and government officials had reached a final agreement. PacifiCorp and the many signers of the earlier Klamath Basin Restoration Agreement then ironed out inconsistencies between the two pacts in a final negotiation that ended with a final deal in January 2010.
  • Skeptical Debunker on 03 Mar 10
     
    Maybe the Klamath River basin would have turned itself around without Jeff Mitchell. Back in 2001, at the pinnacle of the conflict over the river's fate, when the Klamath earned its reputation as the most contentious river basin in the country, Mitchell planted a seed. Thanks to a drought and a resulting Interior Department decision to protect the river's endangered fish stocks, delivery of Klamath water to California and Oregon farmers was cut off mid-season, and they were livid. They blamed the Endangered Species Act, the federal government that enforced it, and the basin's salmon-centric Indians who considered irrigation a death sentence for their cultures. The basin divided up, farmers and ranchers on one side, Indians and commercial fishermen on the other. They sued one another, denounced one another in the press, and hired lobbyists to pass legislation undermining one another. Drunken goose-hunters discharged shotguns over the heads of Indians and shot up storefronts in the largely tribal town of Chiloquin, Oregon. An alcohol-fueled argument over water there prompted a white boy to kick in the head of a young Indian, killing him.
thinkahol *

Nobody Can Predict The Moment Of Revolution ( Occupy Wall Street ) | Occupy P... - 0 views

occupyportland.org/?p=107

Nobody Can Predict The Moment Of Revolution ( Occupy Wall Street ) | Portland

shared by thinkahol * on 28 Sep 11 - No Cached
  • thinkahol * on 28 Sep 11
     
    angella on September 27th, 2011 at 1:08 pm # Online Protest Your Voice Will Be Heard Right to political protest The right to political protest is protected by the Constitution. Section 17 of the Bill of Rights provides for rights to conduct peaceful and unarmed activities such as assembly, demonstrations, pickets and petitions. Political protest also involves imparting related information, and this right is guaranteed by the section regarding freedom of expression (Section 16 of the Bill of Rights). Although the right to political protest is protected by the Constitution, this right may be limited by principle. Activists must remember that none of the fundamental rights and freedoms guaranteed by the Bill of Rights are absolute. The Constitution gives government the power to limit these rights. Section 36 of the Bill, however, says the limitation of fundamental rights or freedoms must be reasonable and justifiable in an open and democratic society based on human dignity, equality and freedom. The Following Abstracts from the Bill of Rights Might Apply To Any On-Line Protest Section 15: Freedom of religion, belief and opinion Everyone has the right to believe or think what they want, even if their opinion is different to the government. Everyone has the right to practise the religion they choose. Government institutions, like schools, can follow religious practices (like having prayers in the morning) but this must be done fairly and people cannot be forced to attend them. A person can also get married under the laws of their religion. But these cannot go against the Bill of Rights. For example, a woman who marries according to customary law does not lose her rights of equality when she gets married. Section 16: Freedom of speech and expression Everyone has the right to say what they want, including the press and other media. Limiting this right There are certain kinds of speech that are not protected. These are: propaganda for war inciting (encouraging) people to u
Jennifer Fagala

Drugs over Marriage: The insanity of voting for the right to marry - 0 views

sayingitanyway.wordpress.com/...e-right-of-one-person-to-marry

Civil Rights Discrimination DOMA Equality Extremists Family Values Gay Gays GOP Government Law Lesbian Lesbians LGBT Liberty Life Maine Marriage No on 1 Point of View politics Prop8 religion Yes

shared by Jennifer Fagala on 04 Nov 09 - Cached
  • Jennifer Fagala on 04 Nov 09
     
    I think voting on rights is ridiculous to begin with, but when I think of the people who fought for this discrimination - organizations like NOM who are not even IN Maine... it makes my blood boil! What right does the majority have to tell another adult citizens who they can marry.
Skeptical Debunker

Daughter says pilot in Texas IRS crash was a hero - Yahoo! News - 0 views

news.yahoo.com/...us_plane_crash_pilot

pilot daughter IRS building plane crash hero

shared by Skeptical Debunker on 22 Feb 10 - Cached
  • Joe Stack's adult daughter, Samantha Bell, spoke to ABC's "Good Morning America" from her home in Norway. Asked during a phone interview broadcast Monday if she considered her father a hero, she said: "Yes. Because now maybe people will listen." Authorities say Stack, 53, targeted the IRS office building in Austin on Thursday, killing employee Vernon Hunter and himself, after posting a ranting manifesto against the agency and the government. He apparently set fire to his home before flying his plane into the office building. Hunter's son, Ken Hunter, said he's alarmed by comments that the pilot was a hero. "How can you call someone a hero who after he burns down his house, he gets into his plane ... and flies it into a building to kill people?" Hunter told ABC." "My dad Vernon did two tours of duty in Vietnam. My dad's a hero." Bell said she offered her deepest condolences to Hunter's family. She said her father's last actions were wrong. "But if nobody comes out and speaks up on behalf of injustice, then nothing will ever be accomplished," she told ABC. "But I do not agree with his last action with what he did. But I do agree about the government,"
  • Skeptical Debunker on 22 Feb 10
     
    The daughter of a man who crashed his small plane into a building housing offices of the Internal Revenue Service called her father a hero for his anti-government views but said his actions, which killed an IRS employee, were "inappropriate."
Skeptical Debunker

Big majority wants Wall Street regulation - U.S. business- msnbc.com - 0 views

www.msnbc.msn.com/...business-us_business

poll Americans Wall Street regulations trust honesty

shared by Skeptical Debunker on 11 Mar 10 - No Cached
  • A Harris release on the February 16-21 telephone survey of 1,010 adults did not specify how financial regulation should be applied but said three-quarters of Americans believe Wall Street companies should pay bonuses only while in the black.Story continues below ↓advertisement | your ad heredap('&PG=NBCMSB&AP=1089','300','250');Harris said the U.S. public does see value in Wall Street itself: nearly 60 percent say the financial sector is an essential benefit to the United States.But a slightly larger majority disagrees that what is good for Wall Street is good for the country, while about two-thirds harbor strong negative views about the people who work there.By a margin of 66 percent to 29 percent, Americans agree that "most people on Wall Street would be willing to break the law if they believed they could make a lot of money and get away with it," pollsters found.Sixty-five percent say most successful people on Wall Street do not deserve the kind of money they make.
  • Skeptical Debunker on 11 Mar 10
     
    An overwhelming majority of Americans wants Wall Street subjected to tougher regulation in the aftermath of the bank bailout and the bonus scandals that have rocked the U.S. financial sector, according to a Harris poll released on Thursday. The findings suggest that 82 percent of Americans want the government to clamp down more strongly on Wall Street excesses, with a particular emphasis on bonus schemes that have rewarded employees at loss-making companies such as American International Group.
Levy Rivers

Op-Ed Columnist - The End of Philosophy - NYTimes.com - 0 views

www.nytimes.com/...07Brooks.html

morality philosophy brooks

shared by Levy Rivers on 08 Apr 09 - Cached
David Corking liked it
  • Think through moral problems. Find a just principle. Apply it.
  • Today, many psychologists, cognitive scientists and even philosophers embrace a different view of morality. In this view, moral thinking is more like aesthetics. As we look around the world, we are constantly evaluating what we see. Seeing and evaluating are not two separate processes. They are linked and basically simultaneous.
  • Everything that we look at, we form an implicit preference. Some of those make it into our awareness; some of them remain at the level of our unconscious, but ... what our brain is for, what our brain has evolved for, is to find what is of value in our environment.”
  • ...3 more annotations...
  • Most of us make snap moral judgments about what feels fair or not, or what feels good or not. We start doing this when we are babies, before we have language. And even as adults, we often can’t explain to ourselves why something feels wrong.
  • We don’t just care about our individual rights, or even the rights of other individuals. We also care about loyalty, respect, traditions, religions. We are all the descendents of successful cooperators.
  • They link themselves together into communities and networks of mutual influence.
  • Levy Rivers on 08 Apr 09
     
    As our brain sorts out of the thousands of bits of info it takes special note of those things your system of values and interest. We take note of those things that have been socially enriched objects and concepts
Bakari Chavanu

Capitalism's Self-inflicted Apocalypse - 0 views

www.michaelparenti.org/capitalism%20apocalypse.html

politics economy capitalism

shared by Bakari Chavanu on 16 Oct 09 - Cached
  •  The present economic crisis, however, has convinced even some prominent free-marketeers that something is gravely amiss. Truth be told, capitalism has yet to come to terms with several historical forces that cause it endless trouble: democracy, prosperity, and capitalism itself, the very entities that capitalist rulers claim to be fostering.
  • Some eighty  years ago Supreme Court Justice Louis Brandeis commented, “We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can’t have both.” Moneyed interests have been opponents not proponents of democracy.
  • In the early days of the Republic the rich and well-born imposed property qualifications for voting and officeholding. They opposed the direct election of candidates (note, their Electoral College is still with us). And for decades they resisted extending the franchise to less favored groups such as propertyless working men, immigrants, racial minorities, and women.
  • ...17 more annotations...
  • The conservative plutocracy also seeks to rollback democracy’s social gains, such as public education, affordable housing, health care, collective bargaining, a living wage, safe work conditions, a non-toxic sustainable environment; the right to privacy, the separation of church and state, freedom from compulsory pregnancy, and the right to marry any consenting adult of one’s own choosing.
  • About a century ago, US labor leader Eugene Victor Debs was thrown into jail during a strike. Sitting in his cell he could not escape the conclusion that in disputes between two private interests, capital and labor, the state was not a neutral arbiter. The force of the state--with its police, militia, courts, and laws—was unequivocally on the side of the company bosses.
  • Any nation that is not “investor friendly,” that attempts to use its land, labor, capital, natural resources, and markets in a self-developing manner, outside  the dominion of transnational corporate hegemony, runs the risk of being demonized and targeted as “a threat to U.S. national security.”
  • Most of the world is capitalist, and most of the world is neither prosperous nor particularly democratic. One need only think of capitalist Nigeria, capitalist Indonesia, capitalist Thailand, capitalist Haiti, capitalist Colombia, capitalist Pakistan, capitalist South Africa, capitalist Latvia, and various other members of the Free World--more accurately, the Free Market World.
  • Corporate investors prefer poor populations. The poorer you are, the harder you will work—for less. The poorer you are, the less equipped you are to defend yourself against the abuses of wealth.
  • In the corporate world of “free-trade,” the number of billionaires is increasing faster than ever while the number of people living in poverty is growing at a faster rate than the world’s population. Poverty spreads as wealth accumulates.
  • To the extent that life is bearable under the present U.S. economic order, it is because millions of people have waged bitter class struggles to advance their living standards and their rights as citizens, bringing  some measure of humanity to an otherwise heartless politico-economic order.
  • There is a third function of the capitalist state seldom mentioned. It consists of preventing the capitalist system from devouring itself.  Consider the core contradiction Karl Marx pointed to: the tendency toward overproduction and market crisis. An economy dedicated to speedups and wage cuts, to making workers produce more and more for less and less, is always in danger of a crash. To maximize profits, wages must be kept down. But someone has to buy the goods and services being produced. For that, wages must be kept up. There is a chronic tendency—as we are seeing today—toward overproduction of private sector goods and services and underconsumption of necessities by the working populace. 
  • Instead of trying to make money by the arduous task of producing and marketing goods and services, the marauders tap directly into the money streams of the economy itself. During the 1990s we witnessed the collapse of an entire economy in Argentina when unchecked free marketeers stripped enterprises, pocketed vast sums, and left the country’s productive capacity in shambles. The Argentine state, gorged on a heavy diet of free-market ideology, faltered in its function of saving capitalism from the capitalists.
  • These thieves were caught and convicted. Does that not show capitalism’s self-correcting capacity? Not really. The prosecution of such malfeasance— in any case coming too late—was a product of democracy’s accountability and transparency, not capitalism’s. Of itself the free market is an amoral system, with no strictures save caveat emptor.
  • Perhaps the premiere brigand was Bernard Madoff. Described as “a longstanding leader in the financial services industry,” Madoff ran a fraudulent fund that raked in $50 billion from wealthy investors, paying them back “with money that wasn’t there,” as he himself put it. The plutocracy devours its own children.
  • The classic laissez-faire theory is even more preposterous than Greenspan made it.  In fact, the theory claims that everyone should pursue their own selfish interests without restraint.
  • Capitalism breeds the venal perpetrators, and rewards the most unscrupulous among them.  The crimes and crises are not irrational departures from a rational system, but the converse: they are the rational outcomes of a basically irrational and amoral system.
  • Worse still, the ensuing multi-billion dollar government bailouts are themselves being turned into an opportunity for pillage. Not only does the state fail to regulate, it becomes itself a source of plunder, pulling vast sums from the federal money machine, leaving the taxpayers to bleed.
  • But the 2008-09 “rescue operation” offered a record feed at the public trough. More than $350 billion was dished out by a right-wing lame-duck Secretary of the Treasury to the biggest banks and financial houses without oversight--not to mention the more than $4 trillion that has come from the Federal Reserve.  Most of the banks, including JPMorgan Chase and Bank of New York Mellon, stated that they had no intention of letting anyone know where the money was going.
  • In sum, free-market corporate capitalism is by its nature a disaster waiting to happen.
  • If the paladins of Corporate America want to know what really threatens “our way of life,” it is their way of life, their boundless way of pilfering their own system, destroying the very foundation on which they stand, the very community on which they so lavishly feed.
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