Archive for the 'Economy' Category

18
Jun
09

SCARLET H (Hypocrisy) UPDATE – Repubs Vote No on War Funding

Scarlet H - Repubs - War fundingI’m starting a new series entitled “Scarlet H Update” about political hypocrisy, as I described in my last blog. I’m sure it will be a regular series, because now that there’s a Democrat in the White House, we’re sure to routinely witness Repubs again and again do the same things they chastised Democrats about while Bush was ruining the world.

I’ll probably have to start another series “Spineless Dems – WTF?!” and we might have an installment of that tomorrow.

In case you didn’t happen to read yesterday’s post in which I discuss the all-too-common combination of Republicans, adultery, and hypocrisy, the Scarlet H will now be applied to those who criticize one and then do the exact same thing down the line. It’s elementary, but you see, our politicians simply cannot stop themselves from issuing the almighty condemnation for actions they themselves pursue. While I would say this is a bipartisan problem, the majority of Scarlet H award winners are Rebubs for too many reasons to go into at this juncture.

Today, we focus on war funding.

Remember this little gem from the campaign trail in which Cindy McCain attacked Obama for voting against a war funding bill – which her husband had done earlier as well (I could only find a video of the ridiculousness enmeshed in a Hardball clip, but it’s at the beginning, so you don’t have to watch all the commentary if you don’t want to):

Cindy’s speech mimicked many attacks the Republicans have launched against Democrats should a leftie ever, ever decide to vote against a war fuding bill. Why would they do such a thing? You see extraneous funding are always attached to bills that guaranteed to pass – like a military funding bill. This is how many projects receive money. I’m not saying it is right. I’m saying this is how it is – whether a Democrat or Republican has been in the White House.

Well, it just so happens that a war funding bill has come across the laps of our Washington legislators – complete with the typical extraneous funding requests and guess what? The VAST majority of House Republicans voted against the lastest war funding bill June 16.

As Politico (whose piece I linked to above) points out:

In 2005, Rep. Tom Cole (R-Okla.) ripped Democrats who opposed the supplemental request, calling their position “immoral.” When war funding came up again in 2006, Cole took to the floor to say, “I would ask members to remember this is a vote about our willingness to support our servicemen and women and not about other policy issues.”

He voted no on the war funding Tuesday.

Even McCain said he is leaning against voting for the bill – I wonder who his wife would support on the campaign trail now.

The fact of the matter is that Republicans have railed against Democrats repeatedly, consistently in recent years when Democrats voted against war funding bills for the exact same reason Republicans are turning their backs on this piece of legislation.

In a flood of vitriol, Republicans hurdled accusations claiming the Democrats did not care for the troops, hated America, weren’t patriotic every time they Dems something stripped from a war funding bill.

Now Republicans are committing an act they had, as recently as the last presidential campaign, called a grievous sin.

There’s no honor, no dignity in politicizing the troops, which the Republicans do repeatedly when it serves their purpose. Then, to turn tail when the White House is blue, is a true bottom-feeder low. Despicable from all angles.

And don’t write any comments criticizing the legislation. I’m not defending the legislation. War funding bills have always had these tag-along items and only now are yellow-bellied Republicans standing against such legislation. Shameful.

And that’s why, today, Republicans get the H.

And talk about double standard, why isn’t Fox reporting on the lack of Republicans supporting the bill?

30
Apr
09

Specter’s Move a Reflection of Ugly Realities

MOTIVATIONS OF THE CONGRESSPERSON

I’ve said many a time and I’ll say it again: Congresspeople make decisions under the influence of one, two, or both motivations: either to achieve reelection or to land a cushy job once they have left office. This is why they have ceded all their decision-making powers to the

Ill take Jowls for 200, Alex.

I'll take "Jowls" for 200, Alex.

corporations that fund their reelection campaigns.

Specter’s turncoatitude is merely a reflection of this reality. Was his decision just a fulfillment of megalomaniacal goals? Yes, but he is no different than any of his colleagues. This will again lead me to raise the call for congressional term limits (though it would be nice to see them apply to the Supreme Court as well), which would limit the strata of ambition congress people may climb.

Specter wishes to remain in congress? Well, that’s just plucky for him. However, and feel free to correct me, I’m sure Pennsylvania has a multitude of qualified and capable candidates for Senate. And seeing as how Specter has enjoyed, what?, 30 years as Senator, isn’t about time for some new blood, fresh talent? As far as I’m concerned, seniority is overrated and Specter is acting more like a geriatric toddler than elder statesman.

SPECTER SQUEEZED OUT BY THE ELEPHANTS

And do you think Specter will deliver votes to the Democrats now that his head pokes out the ass of a donkey? Not bloody likely.

The center of the country has now headed back toward its previous center. Under the political climate of the last eight years, Nixon would have looked like a liberal and all the right wingers were claiming this is a center-right country. A shortsightedly inept commentary  – especially seeing as how the independents and moderates are now naturally waving blue flags because all the right wingers want to legislate our uteri and keep men from kissing each other because baby jesus doesn’t like it. The logical and rational no longer have a place in the GOP Circus Freak Show.

Specter is still a moderate, and his votes will reflect that. Now that the Repubs have no room for moderates, Specter is by design a Democrat and a natural illustration of this recent political shift of quite monstrous proportions.

ELEPHANTS BECOME OSTRICHES: ALL IS GRAND WHEN YOUR HEAD’S IN THE SAND (god, i am so awesome with the rhyming)

Academically and as a voter, I am not amused to witness the decaying of the Republican Party. I used to consider myself among its ranks and I’m acquainted with quite the few logical, Republican in-the-knows. Many are finding themselves more comfortable inside the confines of the Libertarian parameters now – and that’s extraordinarily fun for me to watch as a liberal. But the fracturing of the GOP is a symptom of how fringey, how cultish, how clinically insane a great many of my fellow Americans are. And that’s sad.

This Grand Party has a great cancer and it is the refusal of honest self-analysis. A reasonably-minded fellow could easily diagnose the cause of the Republican death spiral: its limited ideology fewer and fewer Americans share.

repubs-head-in-sandBut Republicans don’t see it that way. “Specter’s out? Good riddance! McCain lost? Hated him anyway!” Tom Delay, and what a specimen he is, graced Hardball with his presence today and said (now don’t drink anything at this moment because you might spit it out all over your keyboard) that the real problem with the Republican Party right now is NOT a failure of principles, it is a failure to communicate them. Mm-hmmm…Mkay…I hear that….Excuse me while I choke on the eyes that have rolled into the back of my head.

You see, the Republicans erroneously believe that simply because Bush was a big spender, deficit creator, Americans are fleeing the Right. Well, let’s take a tally: he was “strong” on defense (in the worst kind of way), he kept the government small in terms of regulation, he was as conservative on social issues as a president of booblical proportions can get, AND he lowered taxes (for the wealthy, who – by the way – doubled their wealth under Bushie Two Shoes while the rest of everyone watched their 401ks erode faster than Specter’s party loyalty).

Except for the whole spending thing, W. was a bona fide, ideological, stick-in-the ass, card-carrying member of the old white guy Gto-theOto-theP. Americans didn’t just reject his spending in this last election, they rejected all those other inherently flawed tenets of the Republican foundation.

The problem with Republicans is their principle. Their principle allows them no logical solution to offer for the dramatically diseased state of our health care system. And they only adhere to their principle of small government when it suits their purposes – which is many times not the case, such as farm bills and subsidies (ahem, fructose corn syrup). Then their “small government” banner drives us into the economic ditch through lack of regulation and their adherence to abstinence-only education translates into more teenage pregnancy with no government assistance after these babies have been pushed to have babies.

Republican principle and ideology is a failure of decision-making, of study, of analysis and of progress. It doesn’t work. The last eight years proved so. Specter’s defection is merely a symptom of this reality.

And now the Repubs are just sitting on their hands, praying to their precious baby jesus that Obama fails. Because only in Obama’s failure and the subsequent harm to this country could Republicans find their strength again. And from this atheist-leaning agnostic’s mouth: God help us if that happens!

15
Apr
09

Tea Baggers – Disingenuous, Ignoramus Boobs

The blogosphere is alight today with opinion pieces denouncing these rube-magnet “Tea Parties.” Here’s another one.

cause bush told the truth!

cause bush told the truth!

First of all, much like a circus, these Tea Parties put on display for the rest of us to see, the imbecilic nature of Right Wing nutjobs. The ones who vote for their big biz Republican politicians who enact policy that directly injures their very constituents. Who is dumb enough to believe the Dick Armeys, Newt Gingriches, Limbaughs, Coulters, Hannitys, Glenn Becks, Michael Steeles, Rick Perrys, Mark Sanfords, Sarah Palins, Michelle Bachmanns, David Vitters? Who is dumb enough to be whipped into a gun-buying, revolution-shouting frenzy of inanity by this honorless Republican leadership? Go to a Tea Party tonight and find out.

DEFICIT

Here’s why these people are disingenuous: they are protesting government spending that would drive up the deficit. Well, their precious Reagan drove up the deficit, George H. W. Bush and his highly successful son drove up the deficit and nary a Tea Party was had. Where was the outrage? I remember a bunch of Right Wingers getting their panties in a bunch over the fact that Bill Clinton was sucked off by an intern, but did they ever congratulate him over balancing the budget? No. They don’t care about the deficit. They’re group-think idiots of the highest order.

They keep saying they don’t want our kids to inherit a huge deficit. Yet, they don’t give a shit if our kids inherit an environment raped by big business because we were to ignorant to switch to renewable energy when we had the chance. They don’t care if our kids inherit a country with semi-automatic weapons carpeting the countryside. They don’t care if our kids have affordable health care and access to decent medical attention. Their claims of concern for our kids is false and hollow and nauseating.

TAXES

And they’re complaining about taxes. Well, let’s see. Obama is instituting the broadest tax cut in history. And he’s only raising taxes of the wealthy to less than they were under Reagan. In fact, the GOP’s proposed budget again lowers taxes for the wealthy, increasing them for the lower and middle classes, according to this PDF put together by Citizens for Tax Justice. They also discovered that the GOP plan would cost $225 billion more than the Democratic plan.

These Right Wingers are also people calling for the U.S. to attack Iran, North Korea and launch a military operation in Somalia and off its coast – yet they don’t want to PAY for it. Funny how their buttboy Bush didn’t want to pay for his war of choice either – refusing to fund the soldiers on the battlefield appropriately and refusing to fund their care when they return home. Yet, the Bush administration sent billions of dollars to defense contractors who struck it rich while unable to account for millions, if not billions of dollars they received.

HYPOCRITES

We’re seeing calls for Revolution – for people to arm themselves as if to somehow thwart the government. How ridiculously hypocritical these white, racist conservatives are being! What if members of the left made these anti-government slogans? How unamerican we would be labeled –  how unpatriotic.

This is a lunatic fringe minority of the American demographic and they want to control the fates of the rest of us. They would rather overthrow the legally-elected government representing the views of the majority of this country. The election was a blowout – the American people spoke and were absolutely demanding a change in leadership and these crazy teabag freakos would attempt to undermine the very democracy innumerable people have shed their lives to give us. They seek to weaken the country and cheapen the government system that makes them so proud only when it serves their selfish purposes.

LIBERTY

How deep does these people’s inability to process logic and thought go? Consider their calls for liberty. Bush used illegal warrantless wiretapping on the American people (and most relevant journalists). Right Wingers were silent. Bush banished Habeas Corpus from the Constitution. The Right Wingers were silent.  Bush turned the Justice Department into a partisan death squad. Right Wingers were silent. The illegality of gays to marry inhibits the liberties of a vast number of Americans. Marijuana as never caused the death of a person, yet the liberty to smoke pot legally is almost non-existent. Women’s liberty to choose to end a pregnancy would be taken away if these conservos had their way.

The only liberty they want is to take away the rights and decisions of those who disagree with them. They would oppress the rest of us for their own, ignorant, baseless, uninformed reasons.

DOUCHEBAGS

This shade of political activist allows the terrorism of the rest of the country by easing the release of assault weapons onto our streets and into the hands of criminal elements both

yeah, and Bush wasnt? Jeez....

yeah, and Bush wasn't? Jeez....

domestic and outside our boarders. Their answer is that we should all arm ourselves, encouraging the possibility of gun battles in our neighborhoods.

These Tea Baggers do not understand the realities of their theories and the results of their lunacy. While their opinions on deregulation and taxation and government spending, etc. sound quite wonderful, they have unintended consequences and materialize in ways that damage this country’s economy, civil liberties and safety – as was illustrated so clearly under Bush.

The Tea Baggers had their chance. They controlled the White House and Congress for six of the last eight years and their policies tore this country asunder, taking it to the brink of collapse. This subgroup of political outliers would dictate liberties not only to the rest of Americans – but hang the rest of the world out to dry, attacking many without justification and at the same time arousing indignation that we sacrifice our “sovereignty” by abiding by U.N. Resolutions.

These people are idiots – the lowest common denominator of the uninformed. They are being used by people and leadership whose policies affect these “protestors” negatively in a significant way. Yet, time and time again, Republican “tax and deficit” lies – and the use of god, guns and gays – gets these turkeys hot to trot in an attempt to inhibit progress and improvement of this great nation.

It’s real cute, the mock revolution and display of boobery by the ‘baggers. I’m glad the rest of us can sit back and chuckle at the baffoonery without real fear their opinions will gain any traction. In my opinion, the best way to overcome this circus of ‘tards is to stay informed. Read,read,read. And remember the last eight years.

In short, take a hike, tea baggers. You don’t know what you’re talking about and the rest of us (ahem, the majority) don’t need or want you.

And I don’t want to hear any shit about the Tea Parties being Libertarian before being hijacked by the Right Wing wackos. This blog is meant for those hijackers. The tea bags are being funded by the Right Wing death squads and that’s why I’m responding so vehemently.

UPDATE 4.16.09: After looking at all the pics of these rallies, it was clear there were no minorities amongst the Tea Bag douchers. A klan-esque political movement of old, white people that is tasteless to minorities, gay people, non-believers and progressive women will go nowhere and gain bupkis. And Rove thinks this “movement is significant.” Um…right. He also referred to Democrats’ “tax and spend tendencies.” Why don’t we talk about how great the “no tax, but sill spend a lot” policies of the Republicans are? I guess it’s true. Right Wingism does rot the brain.

10
Apr
09

Why Bush, Cheney – and those damn Tea Partiers – Aren’t Smart

Forgive me for stating the obvious.

In the April issue of Real Simple magazine, science writer Jonah Lehrer pens an article entitled, “10 Ways to Be a Better Thinker.” It was quite interesting. My favorite was #5 – Take Long Showers, which says “moments of insight often arrive when you’re not aware that you’re thinking of the problem.” This is probably why my best blog ideas come to me right before I’m about to fall asleep and there’s no way in hell I’m getting out of bed. Suffer for my art? Please.

But #8 and #10 were the most interesting to me in terms of analyzing our political leaders, which I’m wont to do quite often. The eighth suggestion is to Study Your Mistakes, “One common trait of successful people is their willingness to focus on their fumbles.” And, on a similar note, Ten advises us to Think About Our Thinking, “Metacognition, as this is known, is a crucial skill. Many scientists argue that the best predictor of good judgment isn’t intelligence or experience; it’s the willingness to engage in introspection.”

These appear to be simple, basic concepts regarding the quality of thought. Yet, when you look at the majority of our political leaders, you will find a demographic either devoid of the capability of such improved mental activity or you find people simply unwilling to admit fault and self-analyze. So many of these dolts seem to have one speed of thought, with self-imposed blinders preventing them from the most important of decisions: how to change for the better.

We are witnesses to such blocks of immovable concrete when we see Republicans on television refusing to understand the realities and results of the decisions of the last eight years. They keep calling for lower taxation for the upper economic echelons and increased deregulation. There is absolutely no acknowledgment of fault or quality instances of introspection.

W. Bush says in Dead Certain, a great look at the man’s presidency by Robert Draper, that he HAD to believe that his decision to go into Iraq was correct. He would never allow himself to even consider the idea that perhaps the war had been a mistake. When you’re playing with thousands, perhaps over a million people’s lives, this attitude seems almost criminal for those with their fingers over the red button.

But that was the biggest criticism of Bush, wasn’t it? That the man wasn’t intellectually curious, probably due to the fact that he wasn’t introspective. His foot was on the accelerator regardless of whether there was a brick wall in his path or not (while the rest of us are in the back seat). It was only a “disappointment” that weapons of mass destruction weren’t found in Iraq. When asked what went wrong with Katrina, Bush immediately asks whether he should have landed Air Force One instead of simply flown over the area.

There is a grave, almost developmentally challenged inability by Bush to analyze situations in their totality or through the lenses of those with differing opinions. And his supporters have the same problem. Even now, many across the media’s various forms insist Iraq was a success and is now doing fine. Five soldiers died today in Mosul in a suicide truck bombing. There is widespread violence still and the region is extraordinarily unstable. Ask an Iraqi if they think the war was a success. It’s their country, after all. And these are real people! Over a million Iraqis have died since the war started and Bush talks about them like they’re little Lego men in one of his Lego forts. It’s despicable.

This lack of critical thinking skill is also what led Cheney to declare in May of 2005 that the Iraqi insurgency is in its last throes or that Obama is making us less safe because he is changing Bush’s policies. Cheney will never acknowledge that their administration’s policies allowed Iran’s influence and power to increase exponentially and caused an explosion in global hatred toward America.

People can disagree with Obama’s policies, as I do with some, all they want. But read the man’s books, look without prejudice at his decision-making process and you will see an increased capacity for deliberation, introspection, intellectual curiosity, consideration of mistakes, and appreciation for not only differing views, but everyone’s views. That’s why we elected him. Whatever you say about his policies, the man’s process is an ocean of improvement over our last commander in chief.

And all these little Tea Party shenanigans Fox seems to be orgasming over – the ones calling for the impeachment of Obama before he has even been in office 100 days – reveal how simple-minded the radical fringe of the Bush supporters are. None of them would give you a decent assessment regarding the mistake they made reelecting Bush. Nor would they be introspective enough to appreciate change or understand that the rest of us deserve a president who

This is what Im talking about. Reality has left the building.

This is what I'm talking about. Reality has left the building.

represents us as well. None of them would ever recognize that the policies they support, the ones that were instituted over the last eight years, have brought our country dishonor, ill-repute, economic woe and autocratic policies. They have committed a great harm and the rest of us have stood up and said no more.

I understand the pendulum swings politically. Right now, the Far Right Wing should have some dignity, grace and allow the rest of us – the majority of us (for now) – to institute the policies we believe will not only rescue us from this iniquitous past, but improve our now and our future. They should be a little introspective and come to grips with the fact that most of us do not agree with them, most of us support Obama at this point, and we have a right to resist the oppression they would impose.

02
Apr
09

Is Chris Dodd the New Britney Spears?

Remember a year ago when the news was all Britney Trainwreck all the time? It was anthropologically delicious watching the vag-flasher self-destruct one Red Bull at a time. And how glorious that we political junkies have our own disaster-seeking boobs hellbent on claiming their tragic turn at the gallows of public opinion.

Sure the vast majority of America couldn’t care less as Connecticut’s senior senator careens vehemently toward electoral self-destruction, but I giggle a little bit as each new day brings one more nail-in-the-coffin decision Christopher Dodd seems unable to avoid. Lest you think me walking the left-wing plank, shame on me that I might be tickled by events possibly resulting in the election of a Republican to the Senate, here’s the 411:

Doddsy ranks at the top of the 1998-2008 AIG campaign donation list (George W. Bush came in second). And, a few weeks ago, he tried to deny to CNN that his office had inserted language into the stimulus bill allowing for AIG exec bonus payment. The next day, he embarrassingly reversed his claims and came clean in a gut-twisting moment for most lefties, such as moi.

And NOW, now the idiot extraordinaire will bask in an April 7, $1,000-a-head fundraiser to be hosted by a hedge fund manager who made out like a bandit betting against the subprime housing market in 2007. At least Dodd people had the foresight to move the fundraiser from its original venue – an exclusive club under fire for having no minority members. What friggin’ geniuses. And I’m sure there will be plenty of minorities at the fundraiser. Maybe the rich AIG residents of Connecticut can give the minorities protesting outside their homes a ride to the bash.

As you can imagine, Dodd’s poll  numbers are in the crapper without a chance of seeing sunshine anytime soon. I mean NO chance. In this era of Obamalove, C.D. is coming in a cool 16 points behind a potential Republican contender. Ouch. What’s even more hysterical about this political Hindenburg is that New England has rebounded from Bush to such an extreme, that the last Republican House member from the region lost his reelection bid last November. Even in this climate, Dodd is headed for severe senatorial, exit-Stage-Left carpet burn.

Yes, of course I like to see more Dems in Congress than Repubs, but as I’ve said before, I think the vast majority of congresspeople on both sides of the aisle are big business whores. Can’t say it enough. Whores, whores, whores – the lot of ’em! Dodd is obviously no exception and if he has to serve as the sacrificial lamb for this “teachable moment,” so be it. The pied piper of judgment is calling and Dodd’s ain’t got no bank.

I hope his colleagues are watching. And one more thing, TERM LIMITS.

26
Mar
09

The Problem With Ideology

Let me set the stage. During the last eight years of governance, the Republicans supported their party leader and the Democrats checked their spines at the Capitol doors whilst Bush and Cheney did their patent best to lead this country off a cliff. Almost all the Republicans I know refuse to defend Bush’s record and repeat over and over that they had no idea Bush would be such a wretched president. Disappointment knew no boundaries.

So you would think, after the last 8 years, there would at least be some shift in the Republican message – especially after the trouncing the majority of American voters gave them in the last election. But no, they are hanging on to their failed ideas and policy as though the last eight years were just a dream.

Why would they be so clueless? Why would they be so clinically in denial regarding not only the failure of their policies, but the fact that the majority of Americans wish to change course away from Right-wing lunacy? The answer: ideology, or the body of doctrine, myth, belief, etc.

The Republicans are a party of ideologues. Right-wing commentators are ideologues. Religious leaders are ideologues. Uneducated, anti-intellectuals are ideologues.

The problem with an ideologue is that they tend to focus on the theories inherent in their adopted ideology without regard given to potential or realized negative repercussions of said ideology. No matter what may occur because of the practice of that ideology, negative results are blamed on external factors and positive consequences are credited to the ideology. The ideology is never wrong.

Obviously, progress of humanity is determined by the species’ ability to learn and adapt. Actions tend to have positive or negative consequences and learning helps one to avoid negative consequences. Evidence and data are drawn upon in the decision-making process and thus, improve decisions and development.

Not with ideologues. Evidence and information are disregarded in strict adherence to the core, fundamental theory presented in the ideology. Reality has no weight, no bearing in the presence of ideology.

Here are some examples:

  • The gross misconduct of the financial sector was enabled by the freeing of the market by ideologue politicians. Despite the globalized economy, despite the proven nature of many men to serve his greed when times are ripe, despite every indicator of human behavior, free marketeers still believe that capitalism in its purest form (which is an impossibility) is the answer to all economic questions.
  • Abstinence-only education has been proven to increase teen pregnancy and abortion. Yet, pro-lifers insist that sex education, and the information such education  proffers, should be excluded from school curricula. Sex education = less abortions. Abstinence only = more abortions. Yet, their ideology prevents them from adopting the wiser of the two educational options.
  • U.S. guns laws are so lax, that 90 percent of the guns used in Mexico’s drug war, which is spilling across the southern U.S. borders, come from America. The selling of arms at gun shows is so unrestricted that even a drug cartel member could easily attend one of these conventions and purchase arms to take south. Yet, should one member of the national government even suggest limiting access to assault weapons – just assault weapons – the gun lobby goes ape shit. Obviously, the more the government limits access to arms, the fewer arms will be in the hands of criminals. But gun lobbyists are ideologues. Why the feel the need to allow every Tom, Dick and Harry to own an AK-47 is beyond me and the data that this policy endangers far more people than it protects is widespread. But ideology is strong and blinds people to the obvious effects of their decisions.
  • The legalization of marijuana would weaken drug cartels, increase the use of intensely beneficial hemp plant, help multitudes of medical patients, bolster the economy in certain geographic areas, increase efficacy of police forces and decrease prison populations. Marijuana overdoses, unlike those of alcohol, are unheard of. And the criminalization of marijuana has more to do with this country’s cotton lobby history that protecting its citizens. Yet an antiquated ideology regarding the substance prevents the majority of the population from recognizing the benefits of its legalization.

Ideology hampers progress. It hampers positive change and forms a mental prison around those comforted by stale and erroneous memories. It is a crutch for the weak-minded and those afraid to recognize reality and make painful, unfair decisions that might improve circumstances and take us beyond that which holds us back.

Remember, if you were taught an ideology vehemently by your elders from the time you were an infant, and believe it with the entirety of your heart as an adult, without question  – it is probably wrong. And handicapping. And your insistence on holding on to this crutch, this blindfold, hurts all of us. Consider evidence, information, data, reality to the contrary.

Ideology thrives on the limiting of information and lack of education. Take North Korea, the Taliban, the FLDS, Jonestown, Bloods and Krypts, Branch Dividian, white supremacists, child-molesting priests. Strict adherence to ideology is and was the lifeblood of these cults, religions, predators.

That’s why Democracy is such a good system of government. By shining the light of information into dark corners and allowing people to think for themselves, educate themselves and separate themselves from the bounds of ideology, better discussions and debates are had and better decisions are made.

Good decisions are good simply because their results are constructive, not because they help prop up some useless ideology.

23
Mar
09

AIG Bonus Pay – Focus Anger Productively

Ichiwawa!! Short-story version: Those useless waste-of-spaces up at AIG figured out a way to make themselves rich by basically selling thin air and are now being rewarded for their b-to-the-ullshit as the rest of the world watches their savings tank faster than a single girl’s sobriety at a gay bar.

Am I mad? Yer damn right I’m mad!

BUT, demanding the bonuses be taken back or creating some Terri Schiavo-esqe tax legislation to swat these sonsabitches’ testicles will not solve one iota of the problem that created this hellacious economic debacle. In fact, these demands are distracting from addressing the real issue – lack of regulation. And lemme tell you, the free marketeers are hoping this “populist tantrum” will do just that – create a huge spectacle refocusing Congress’ efforts away from bringing back appropriate regulation that would have prevented this mess in the first cotton-pickin’ place.

Derivatives once again need to be outawed – as they were back in the early 20th century. Phil Gramm and his little butt buddies in Congress brought forward legislation back in late 1999 – that Bill Clinton signed – deregulating derivatives. And these AIG jackasses sold them. Allowing someone to basically buy “insurance” that a company, such as Overstock.com, will go out of business when the purchaser has no interest in the company whatsoever makes absolutely no sense. It is legalized, unregulated gambling – especially when AIG claims falsely they could back this insurance. (If you need to learn more about derivatives, watch this 60 Minutes program.)

Why were they allowed to get away with this? Because the free-marketeers, “capitalism in its purist form is the best way to run the economy” peeps erased any power by the government to regulate or monitor these new “products” on the Wall Street Market.

Now, I don’t know about you – but I haven’t heard one word from Obama or Geithner regarding reinstating these market regulations. I haven’t heard Barney Frank or Chris Dodd or any of the main players “outraged” about the AIG bonuses calling for new legislation that would focus directly on these bubble schemes the idiots on Wall Street erected.

This is the moment, rife with public anger, to enact these regulations that will prevent the further shredding of our capitalist strength. A completely unfettered free market allows the know-hows to screw over the rest of us and bring everybody and their cousin down the toilet with them. We need these regulations. Without them, this Corporatocracy of America will continue to allow big biz to shit all over everyone who doesn’t have their hand in the pot.

So, tomorrow, when Bernanke and Geithner go before Congress, we need less talk about these AIG bonuses – they’re just red herrings – and more talk about the detriments of derivatives and short selling.




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