The Revolution This Time

 

Occupy Wall Street, We Are the 99 Percent healthcare retirementMaybe nothing will be accomplished at the Occupy Wall Street demonstrations and marches. Maybe the whole thing will dissolve into riots and chaos and looting. Maybe the cops will finally arrest enough people to cripple the event’s momentum. Maybe nothing will change at all and corporations will keep banking their profits and shipping jobs overseas, while the big banks privatize obscene profits and socialize all the losses attendant upon their gaming of the system.

But at least someone is standing up and saying something.

Until last weekend, if you read anything about the Occupy Wall Street demonstrations now going on in Zuccotti Park (re-named Liberty Square by the protestors) you read that it was a silly, unfocused bacchanal staged by a few hundred disaffected hippies. That’s what Citibank and President Obama  and the GOP and the New York Times want you to think. Continue reading

The Vampire Squid Speaks

So it turns out that there are two kinds of vampire squids.

There’s the vampire squid that “is wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money,” and there’s the vampire squid that does the same thing while also taunting you with outright lies and insults.

Henry J. Paulson, former CEO of Goldman Sachs and former US Secretary of the Treasury, is the second kind of vampire squid. His Eminence stepped down from the clouds briefly to speak with the the NY Times’ Andrew Ross Sorkin about the real cause of our now double-dipping Great Recession. His take?

“Many of the Western democracies — including the U.S. — have a problem that voters want benefits they don’t want to pay for,” Mr. Paulson said.

Thanks for the heads-up, Henry!
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Attack of the Very Serious People

 

Here’s one good thing about the pending arrival of a Mitt Romney Administration in January of 2013. At least we won’t have to hear about the deficit anymore.

If we’ve learned anything about the Republican style of governance in the last three decades, it’s this: The GOP runs up enormous deficits when a Republican is in the White House, then uses those same deficits as a means to shut down government when a Democrat is in the White House. Once Mitt Romney or Rick Perry or Jon Huntsman takes up residence in the Oval Office in 2013, you can bet it won’t be long before the deficit mania vanishes and the GOP returns to its previous philosophy so eloquently expressed by Vice President Dick Cheney in 2002: “Reagan proved deficits don’t matter.”
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The Halloween Economy

HalloweenThe lawn signs have been gone for years now. In 2005, you saw them everywhere, little white placards bearing the words “Middletown Town Center” canceled out by one of those circle-and-slash null signs.

They were protest signs, forked into the front yards of people who were opposed to the construction of a town center that would include up to 750,000 square feet of retail space, 250,000 square feet of office space, 4500 parking spaces, and 220 townhouses and apartments in the last undeveloped acres of Middletown, NJ.
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