The next time you hear some deficit/debt hawk economist whine and complain about how Social Security and Medicare are too expensive and ruining the economy (for which there is absolutely no evidence at all) and the only solution is to push old and sick people out on an ice flow to die if they can’t …
Tag: ek Politics
Aug 18 2016
Irony
The irony is, of course, that Global Warming, sea rise, ocean acidification, flooding, and other catastrophic climate events is the direct result of the commodity they are exploiting for money. Louisiana’s Sinking Coast Is a $100 Billion Nightmare for Big Oil by Catherine Traywick, Bloomberg News August 17, 2016 From 5,000 feet up, it’s difficult …
Aug 17 2016
Scrooge McDuck’s Vault
As I hope I’ve made clear in past discussions, the primary economic utility of Ur Cow Tokens (or Yap Island stones) is as a medium of exchange. It’s much easier to give someone a few pressed lumps of dirt than it is to move an actual herd of cows from one place to another particularly …
Aug 16 2016
Capitalism or Fraud?
The Risk of Imagining Capitalism to Be Unfettered by Dean Baker, Center for Economic Policy Research 16 August 2016 In the case of Volkswagen, they deliberately lied to their customers about the product they were buying. Many of the people buying Volkswagen’s diesel cars were buying them explicitly because they wanted an environmentally friendly cars. …
Aug 13 2016
Why Jeremy Corbyn?
I feel a certain obligation to explain my prejudice. I’m a United States Citizen, a Democrat since I registered, a pro diversity Keynesian who thinks wars of choice are criminal but that personal choice is private. I kind of thought that was apparent, but I’ve only been writing since 2005 so you may have missed …
Aug 12 2016
Title IX
Number Nine. Number Nein, It is indeed a revolution. On the heels of the Team USA Women’s Football loss during Quarterfinal competition (or the first Elimination Round, tomato tomato) to Sweden in a Shootout after 30 minutes of Extra Time what can I say? They lost. It is the first non-(Gold) Medal effort by the …
Aug 12 2016
Today’s Sign The Apocalypse Is Nigh
Yes, everything tastes better when it’s deep fried, including butter and boots, but does anyone think this is a good idea? Hostess launches “Deep Fried Twinkies” as first frozen treat By ANNE D’INNOCENZIO Aug. 12, 2016 8:19 AM EDT Hostess Brands, the maker of lunchbox treats like Ho Hos, is launching packaged “Deep Fried Twinkies” …
Aug 11 2016
Why You Should Never Believe The U.S. Government
It’s really simple enough, they lie constantly. Contradicting Prior Claims, Pentagon Admits US Forces on the Ground in Libya by Nadia Prupis, Common Dreams Thursday, August 11, 2016 The Pentagon confirmed this week that U.S. forces are indeed on the ground in Libya as the fight against the Islamic State (ISIS) continues. A “small number …
Aug 10 2016
The Targeting Of Doctors
Since the horrific attack on a Médecins Sans Frontières Hospital in Kabul it’s become clear armed, Geneva Convention defying, military action against unarmed Doctors and First Responders and their injured patients is a tactic of choice in certain areas, notably Yemen under the undeniable sponsorship of the Saudis and in Syria where, like most things, …
Aug 08 2016
A Tail Of Two Kitties
It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it …
Aug 04 2016
Today In Trotskyism
Comarades! Important news in our struggle against the Capitalist Pigs of Imperialism and their Running Dogs in the Corporatist Media and Lackeys in the Institutional Political Class. Our Socialist Hero Corbyn has put forth his manifesto to bring about the Glorious Proletarian Revolution! Corbyn sets out 10-point vision for Britain by Peter Walker and Rowena …
Aug 02 2016
Mr Market Won’t Buy
Or, as lambert frequently puts it, the dog won’t eat the dog food. European Bank Shares Fall Out of Bed as Monte dei Paschi Rescue Fails to Reassure by Yves Smith, Naked Capitalism August 2, 2016 Last Friday, after EU banking authorities revealed the expected, that Italy’s number three bank, Monte dei Paschi, needed yet …