Corporatism – Page 21 – The Wrongologist

Sunday Cartoon Blogging – January 4, 2015

RIP Mario Cuomo:

(Columbus Day Parade, October 11, 1982. Mayor Edward Koch, Gov. Mario Cuomo and Westchester County Executive Alfred DelBello march down New York’s Fifth Avenue) Credit: Associated Press

You have to wonder how different the country would be if Mario Cuomo had agreed to become a Supreme Court Justice in 1993 when Bill Clinton offered to nominate him to replace Byron R. White. George Stephanopoulos has written that Clinton came within 15 minutes of nominating Cuomo, until the latter rejected the job in a phone call with Stephanopoulos.

The Wrongologist never drops bold-face names in the blog, but today is an exception. In 1988, he (and Ms. Oh So Right) were backstage speaking with Frank Zappa, who was playing in Boston. Wrongo asked who Zappa would support for president the next time around, since the Dukakis debacle had just happened. He said: “only Mario”. At the time, the Wrongologist agreed. But Mario would never run, and Zappa died in 1993.

On Christmas, Neil deGrasse Tyson sent this Tweet:

On this day long ago, a child was born who, by age 30, would transform the world. Happy Birthday Isaac Newton b. Dec 25, 1642

— Neil deGrasse Tyson (@neiltyson) December 25, 2014

It caused the usual spewing by the “war on Christmas” crowd, who claimed that Tyson was deliberately provoking them. Tyson replied:

Imagine a world in which we are all enlightened by objective truths rather than offended by them.

Speaking of truth, here is the whole objective truth:

2015 will be totally different, except:

We just ceased combat operations in Afghanistan. What did we learn?

Republican leader Scalise attends Klan meeting. What did the GOP learn?

Transforming America, Part I

For the past few months, this blog has featured this quote:

He didn’t know what was defeating him, but he sensed it was something he could not cope with, something that was far beyond his power to control or even at this point in time, comprehend –Hubert Selby Jr.

Let’s start this year with a meditation about one transformative idea. Not something that is peddled by the DC think tanks, but an idea that lurks just below the surface.

All of us have wondered, like the characters in Selby’s “Requiem for a Dream” (and maybe, with increasing frequency) “hey, something is wrong here”. Maybe you accept mainstream logic, but now you’ve come to realize that things are getting out of control, despite the constant messaging from your ideological god of choice that tries to pull you back to conventional thinking.

Here is the transformative idea for today: The free market isn’t a beautiful self-correcting machine. Instead, it is consuming our society and our environment for the benefit of a very few.

And it isn’t an orderly process; the trajectory is more like a slow free-fall in which the market system moves downward devouring everything, unless it is met by real opposition. In fact, the globalized version of the free market makes life horrible for lots of people, creating a constant need for intervention.

For a couple of examples, you don’t get the Russian Revolution(s) without the Czar trying to play ‘catch up’ with the West. You don’t get the Cuban Revolution without the crimes of the Batista regime.

When there is a backlash against corporatism, especially on the periphery, capitalists come up with a solution. Anyone is better than a bunch of reformers who want society to pay attention to people’s well-being rather than to profits.

With globalization, local thugs became very useful. Folks like Shah Reza Pahlavi of Iran, the Saud family in Saudi Arabia, Mubarak in Egypt, Suharto in Indonesia, and Hussein in Iraq. Most of the time, these folks did the job big business wanted done (even if it was messy). And the American government protected US corporate assets in-country, and propped up the compliant local politicians. The profits got privatized, and the losses socialized, since our taxes paid for the military aid to the dictators, while the corporates skimmed the profits. And much of those profits remained offshore, out of reach of our taxing authorities.

Today, the useful thugs working on behalf of the American Empire are in Washington DC. They have made our political system a self-replicating support system for free market capitalism. We have retained only a veneer of our democracy, while moving rapidly in the direction of an authoritarian business-state combine, an improved version of Mussolini-style corporatism.

Oswald Spengler, who’s “Decline of the West” argued in the 1920’s that the urban culture of Northern Europe was a “Faustian” world, (his term for one of 8 global cultures) characterized by bigness and rationality, eventually to be dominated by the soldier, the engineer, and the businessman.

Doesn’t that seem particularly relevant to today’s America? Spengler thought that democracy is simply the political weapon of money, and that the media is the means through which money operates a democratic political system. Importantly, he said:

The ‘tragic comedy of the world-improvers and freedom-teachers’ is that they are simply assisting money to be more effective.

So here we are. One day, it was 2014, the next day, 2015. What has changed? Nothing. What will change? Nothing, unless you begin a process of thinking about one transformative idea:

The free market doesn’t self-correct. Therefore, it is an ideology that must be changed.

The struggle between market forces and societal needs has always existed. In the 20th Century, we evolved a series of social democracies that kept the rights of the people balanced against the rights of the corporations, with some of the pushback actually coming from businesses themselves.

But today, well-funded efforts to roll back New Deal and New Society social welfare programs are well advanced. And there are only so many times that this blog and others can point out that many Americans have been unemployed since 2008.

The political question is what happens to this great new underclass in America? An underclass that has grown large because of the past 7+ years of economic disparity. Since the free market system that is grinding up our society is a utopian fantasy, we should be able to turn to our democratic system to help solve the real failures of our economic system.

But, our democratic system has been co-opted by the free marketers. So, who can ordinary people turn to for help AGAINST the market?

The corporatists and their captured politicians have a term, “there is no alternative” or TINA. It has come to mean that “there is no alternative” to free markets, free trade, and globalization, if our society is to prosper. They stress TINA to keep ordinary people from seeing that we need to constrain the worst of free market excesses.

The unbridled free market has to die.

Christmas Eve in America

Now, Christmas Eve doesn’t engender thoughts of Bob Dylan. He’s the last guy you would think about. But today, we have Dylan two ways. First, Dylan singing “It Must Be Santa”. If you listen carefully, Dylan uses the names of several US presidents in with the list of Santa’s reindeer. And his hair is ironed or its a wig:

Next, “My Unhealthy Obsession with Bob Dylan’s Christmas Lights”, by Merrill Markoe. You gotta love LA, where the A & B list stars live nearby. So, Merrill Markoe has spent SEVEN years documenting the puny string of lights that Bob Dylan puts on the hedge in front of his Malibu home.

We close with our go-to Christmas Eve sing along carol here at the Mansion of Wrong. That would be Tom Lehrer’s “A Christmas Carol”. Here is Lehrer’s lead in to the song:

Christmas, with its spirit of giving, offers us all a wonderful opportunity each year to reflect on what we all most sincerely and deeply believe in. I refer of course, to money.

Here’s the song:

From all of us here at the Mansion of Wrong, Merry Christmas, and please work to bring peace to your family and your community.

Sunday Cartoon Blogging – December 21, 2014

A week where Colbert moved on, and all but the anti-Castro diehards moved on.

And Sony? Think of it this way: A Japanese company with offices in California was hacked. Several terabytes of data were copied from its internal networks and some was put on file sharing sites. One of the items copied was The Interview, a film produced in Canada that is a comedy about killing a current (although illegitimate) head of state. Tons of other data were stolen, like social security numbers, payroll data, and internal emails, all of which might have been the real targets of the hackers.

Sony is a wonderful object lesson. A few rogue hackers, possibly affiliated with North Korea if you believe the FBI, have forced the company to cancel the movie. The larger issue is that America is no longer free to watch bad movies. The problem for the US is that cyber warfare is cheap and effective. Unlike our military, it isn’t capital intensive, and it can’t be defeated with aircraft carriers and nukes. Yet, the new Congress will probably vote for more jets and tanks.

The tools used to hack Sony are well known and in the public domain. Sony has lousy internal network security and has been hacked before. It’s time that dysfunctional corporations like Sony, invest in protecting themselves. It isn’t the government’s responsibility.

Hollywood, that bastion of free speech, heads for the exits:

It hurts to give up when you are so close to, what, exactly?

Mr. Obama’s unilateral action on Cuba shows his callous disregard for his lame-duckitude. It also shows his disrespect for the Constitution, Christianity, and everything Americans hold dear.

Cuban economy is about to change:

Colbert packs up, heads towards Letterman:

Another idea we need to put behind us:

The Torture Report was a mixed message:

Monday Wake Up Call – December 15, 2014

Today’s Wake-Up Call is for Congress and the president. Mr. Obama’s support of the “CRomnibus” year-end spending package showed how the next two years in Washington will play out, and it doesn’t bode well for anyone (you) who doesn’t employ a registered lobbyist.

You already know that the budget bill included a rollback of derivatives reform, and a nearly ten-fold increase in the donation limits for party committees. What may have been less obvious is that the bill cuts $60 million from the EPA and $346 million, about 3%, from the IRS. The IRS cuts tell wealthy earners that tax avoidance is safe, with little expectation of an audit.

The White House basically turned on its own party, accepting roll-backs of liberal priorities. It’s clear that this kind of legislative sausage-making will be the rule in 2015.

Other benefits for specific lobbies:

• Private Pension Plan trustees could cut pension benefits to current retirees, reversing 40 years of promises to workers who earned their retirement packages.
• Voters in DC who approved legalized marijuana will see their initiative die, since Congress prevented the DC government from taxing or regulating the drug’s sale.
• Trucking companies can make their employees put in an 82-hour work week without mandatory time off.
• Pell grants for college students will be cut, with the money diverted to private student loan contractors.
• Blue Cross and Blue Shield will be allowed to count “quality improvement” measures toward their mandatory health spending under Obamacare’s “medical loss ratio” provision, a windfall that saves millions of dollars.
• The EPA is blocked from regulating certain water sources for farmers.
• Reduced nutrition standards in school lunches and the Women, Infant and Children food aid program was a gift for potato growers.
• The bill halts the listing of new endangered species.
• It stops the regulation of lead in hunting ammunition.

The White House never threatened a veto of the CRomnibus over these riders, and actually supported the bill. House Democrats complained of being “lobbied by the White House” on the legislation. This is sure to be a recurring policymaking feature of the next two years.

So this is the new normal on Capitol Hill. The precedent for making changes on headline issues by tucking rollbacks into must-protect or must-pass legislation has been set with the White House’s active cooperation.

In other words, there’s your proof that elections have consequences.

Here are a couple of wake-up tunes for Monday. First, in keeping with the prime directive (well, maybe it’s the sub-prime directive), that the banks can never fail again, here is the late Pete Seeger doing “The Banks are made of Marble”:

The song was written by Les Rice in 1948 or 1949. Rice was a farmer in Ulster County, NY. Seeger lived across the Hudson from him, and apparently they met on several occasions.

Our second tune is in keeping with the other prime directive of a holly, jolly season. Captain Picard does “Let it Snow”:

https://www.youtube.com/watch?v=i-zdMkOZTKs&app=desktop

Monday’s Hot Links:

The US attempted to co-opt Cuba’s hip-hop scene to foment revolution: USAID tried to recruit underground rappers in Cuba to sow unrest against Raul Castro’s government. They failed. Compared to the CIA torture story, this is small potatoes, but still another example of how we can’t stay out of any country’s internal affairs. Because, freedom!

The 2nd U.S. Circuit Court of Appeals in New York ruled that insider trading is ok as long as the person accused of insider trading didn’t know that the original tipper disclosed the information in return for personal gain. Guessing that you’ll never know.

Thirty years after the Bhopal chemical accident, the worst in history, the spill’s effects are hitting a new generation. Professional clean-up hasn’t happened and there are no signs that the environmental catastrophe will end.

Congress and the President are going in the opposite direction from the Federal Reserve. The Fed is making the banks pony up more reserves to protect their balance sheets, while Congress and Obama are saying “go big on derivatives baby, we’ve got your back”.

Study supports the theory that all ‘men are idiots’. Well, it wasn’t a scientific study, but it looked at 318 Darwin Awards cases, of which 282 Darwin Awards went to males, and just 36 awards were given to females. Males made up 88.7% of Darwin Award winners.

Old news department: The latest Wall Street Journal/NBC News poll says that 56% of Americans say the country’s economic and political systems stacked against them. Different result from the NYT survey last week.

Your thought for the week:

I had two options, to remain silent and then be killed. Or I could speak up, and then be killed. I chose to speak up. – Malala Yousafzai, from her Nobel Peace Prize speech

Sunday Cartoon Blogging – December 14, 2014

Tough week trying to pick the worst from among the many, many wrongs this week:

• Congress passes a budget that defangs Dodd-Frank: Citibank got Congress to let the big banks place their risky derivatives business back under the protection of taxpayer-paid insurance. So we get to shoulder the losses when the next big bank failure comes. The Congress attached it to the CRomnibus spending bill that the president won’t veto. We can dig through the couch cushions for spare change to bail out the banks next time. Simon Johnson said it best:

Give enough clever people the wrong incentives and they will destroy anything.

• Congress also lowered funding for the EPA, and stuck in a provision that allows private funding of national conventions. They were previously publicly funded.
• Some detail on “we tortured some folks” became public with the publishing of the CIA Lite torture report. If that wasn’t wrong enough, many pols and pundits just gave up, and said torture was useful and necessary. One right thing was John McCain’s speech on the floor of the Senate debunking torture as a means of getting information.
• There was more wrong-headed messaging about the Ferguson/Garner cases. But there was also many “die-in” demonstrations around the country along with the usual finger-pointing about the demonstrators’ reactions, both peaceful and not-so-peaceful.

Dick Cheney continued his spirited defense of the indefensible:

CIA Director Brennan insisted on calling torture “Enhanced Interrogation”:

Passing of the torch brings irony to the Senate:

Some see the “shoot first” mentality as a feature, not a bug in the system:

Some see Xmas as their favorite time of the year:

Some see Xmas as a giant pain:

Friday Music Break – December 12, 2014

Today is the birthday of both of the Wrongologist’s parents, born on the same day in different years. Dad was 2 years younger than Mom, they were married for more than 50 years, and both died at 85. They were born during WWI, were teenagers during the depression, and thus missed out on the education that today, we think of as necessary to get ahead.

They lived through WWII, Korea, and Vietnam, and through the greatest expansion of the middle class in our country’s history. They went from horse-drawn vehicles on the streets of Brooklyn to owning cars and consumer electronics. They were Republicans who voted for Dewey and saw Nixon resign.

Their world view was that hard work brought continuous economic improvement. They didn’t feel tied to one job − there was another one out there that paid better, that held greater responsibility, which would pay off your house, send your kids to college and provide for your retirement. They were the last of the majority stay-at-home mom generation. Dad never made more than $40k per year, but they saved enough to buy a waterfront home in Florida, and to live there until just before the time when their money ran out.

Fast forward to 2014, and people have little reason to be so optimistic. On Thursday, the NYT released a poll that found that only 64% said they still believed in the American dream, the lowest result in 20 years. The American Dream for depression-era adults was not about becoming rich, it was about being able to move upwards, to reach a greater level of prosperity, something that, from the 1950s through the 1970s, everyone believed was possible.

Now, that optimistic vision is dying for Americans like my mom and dad, and Washington doesn’t care.

Onward to music. Today we feature Tom Waits, 2011 inductee into the Rock & Roll Hall of Fame. Those who have heard Waits’s work know that he’ll never have to cancel a concert due to laryngitis. We start with a tune that shows how Americans were fools for the advertising of the 1970s. That’s probably an eternal condition in America, one that reflects the continuing (and wildly successful) effort on the part of corporations to sell us shit we don’t really need. Here is “Step Right Up”:

The key lyric is a thought for the ages:
“The large print giveth and the small print taketh away”

We close with “Jersey Girl”. Most people think that this song is by Bruce Springsteen, but it was written by Waits. He wrote it with is soon-to-be wife, Kathleen Brennan. This is a long video for a short tune. You can go to 3:51 where Waits says “this is for Kathleen” and just hear his version of the song, or you can listen from the beginning to his extended shtick with the audience:

https://www.youtube.com/watch?v=jDAu-jdXd_c

See you Sunday.

Is Our System More Like Huxley, or Orwell?

Liberty lies in the hearts of men and women; when it dies there, no constitution, no law, no court can save it. – Judge Learned Hand

Yesterday was Human Rights Day. Maybe, with all that has happened to our human rights in post-9/11 America, it is a good time to look very carefully at the current spate of bad outcomes for people who draw attention from our police. One question is, who still believes in our system? Below is one answer that points to where we are:

Here is the poll question that produced the above response:

How much confidence do you have in police officers in your community to not use excessive force on suspects: A great deal, a fair amount, just some, or very little confidence?

Note that “no confidence” was not an option for your answer. One way to look at the poll is that it shows that our system is working exactly as it is intended to work. From Ian Welsh: (emphasis by the Wrongologist)

If a police officer tells you to do anything, you do it immediately. If you do not, anything that happens to you, up to and including death, is your problem. The legal system exists today to ensure compliance.

And if you fail to do what is asked, the police will say, “He/she was non-compliant.” That is a way that this part of the American system performs as designed. It rewards compliance, it identifies those who will not obey laws, or who will fight or organize against the system, and then it works to push them down.

In our system, the wolves and the sheep self-identify, they know which group they belong to. If an injustice is committed, if people protest, the most aggressive protestors, even if not violent, are arrested. Our oligarchy is built on the idea that we must keep people from effectively resisting. More from Ian Welsh:

Any part of the population which is inclined to resist, must be taught that it cannot resist. Get out millions to demonstrate against the Iraq war: it will not work. Protest against police killings of African Americans, it will not work.

Occupy Wall Street? That didn’t work either. The system operates in two ways to repress and control people. America’s system has been 80% Huxley and 20% Orwell for decades, but now, the ratios are approaching 50/50. Let’s unpack the Orwell vs. Huxley worldviews: (h/t highexistence.com)

• Orwell feared the government would ban books.
• Huxley feared that there would be no reason to ban books, because no one would want to read them.
• Orwell feared the government would deprive us of information.
• Huxley feared they would give us so much information that we would be reduced to passivity.

Orwell feared that the truth would be concealed from us. Huxley feared the truth would be invisible in a sea of irrelevance. Orwell feared we would become a captive culture. Huxley feared we would become a trivial culture.
So, we became the trivial culture that Huxley feared. Now, the powers that be are tilting to Orwell to nudge us toward a captive culture.

Huxley’s vision of how human nature or human aspirations could be manipulated for the purposes of the controlling elite rings true in the US. But, Orwell’s depiction of the controlling/interlocking elites of allegedly opposed factions (R’s vs. D’s, government vs. private sector, Wall Street vs. Main Street) is truer than ever before.

So, both are right. Orwell’s fear is already a reality in the East (North Korea, China, Iran) and Huxley’s fear is reality in the West (US, Scandinavia, UK).

Look at how easily the citizenry acquiesced to militarized police in Boston a couple of years ago. Tanks rolled down the streets and officers dressed like they were in Afghanistan demanded that people go inside their houses, for their “safety”. This “army” then searched for the two suspects in the Boston Marathon bombing. This took place over a huge area—whole towns. Was this just the police testing their new toys? Or was it also something darker… like a test of how far the government can go with the Security State? It didn’t hurt that the people got to say they were “Boston Strong” and got the rest of the country to buy in to that.

Power and information are continua. The Orwellian vision tends towards power, while the Huxleyian view tends toward information. However, they are neither separate, nor divisible. Human history has always used deceit as a tool, backed by power, while the biggest bullies have tried to control things since prehistory.

Both manifest legalized lies, backed by legalized violence, wherein the government becomes the largest organized crime syndicate, controlled by the best organized criminals. Welcome to America.

These “crime syndicates” are destroying the foundations of our society, creating the twin near-religions of the State and the Corporation.

The system will not change until the people who want change have enough power to force change. But first, they have to open their eyes to what is happening: Ordinary citizens cannot change the system if the elites don’t agree with the changes the plebes want to make. If they try, they will be arrested or killed at the scene. This must change first.

After that, we can begin working to restore the fundamental systemic change that we brought about during the times of FDR through LBJ.

Who Gets the Dynamic Score?

No, it isn’t Kobe, it’s the corporations that backed the GOP in November. When Republicans took control of both houses of Congress, they won an important new power: They now can change how the Congressional Budget Office (CBO) scores tax cuts and budget cuts. The changes they are planning can be used to make tax cuts appear less harmful to the deficit.

For years, the GOP has wanted to change the way that the (supposedly) nonpartisan CBO calculates — or, in Washington speak, “scores” — the budgetary impact of changes to the tax code. The methodology that the Republicans want to use is called “Dynamic Scoring”. Dynamic Scoring has been popular among conservatives since the 1970s. Instead of just figuring out how much more money a tax increase would produce for the Treasury, or how much a tax cut would cost in lost revenue, the GOP wants to use complex computer models to try to predict the long-term, and broader impact of hikes and cuts on the economy, since they are looking for proof of GDP and tax revenue growth.

Here’s how it would work. In January, Republicans will be in charge of the CBO, which produces official budget projections and the Joint Committee on Taxation (JCT), which calculates how tax laws affect revenue.

Today, when the CBO and the JCT calculate the impact of tax laws on government income, they consider how Americans might alter their behavior in response to tax rate changes. But the two staff departments do not evaluate how tax legislation could affect economic growth—largely because those sorts of impacts are hard to predict.

Republicans have believed this as an article of faith since the days of St. Ronnie. Tax cuts lead to greater economic activity, which in turn produces greater tax revenues—a perpetual motion revenue machine that is the wet dream of most Republicans. Scott Walker used this kind of “math” in Wisconsin. The result? A $2.1 Billion budget shortfall. Oh, and there is Kansas, where another Republican governor, Sam Brownback, is staring at $1.3 billion in deficits after cutting taxes and hoping for economic growth.

Math can be much easier when the answer is whatever you want it to be. But, the new math is the first step toward passing the Republican version of tax reform.

A keystone of any successful tax reduction plan is that they ought to be revenue neutral, that is, tax receipts will not go down, despite tax cuts. Using this form of new Republican math, you can inflate the value of possible future revenues from today’s tax cuts. That can be sold to the American people as a new version of “revenue neutral” although it is really a new version of “take the nickel little boy, it’s bigger than the dime”. This is extremely appealing to Republicans, since it makes tax cuts appear to cost the government less than they actually do – it allows them to say that tax cuts mostly pay for themselves—and wave the JCT-CBO seal of approval to justify that claim.

Democratic leaders and progressive economists reject dynamic scoring as an accounting gimmick, pointing to the aftermath of the Bush tax cuts as evidence that tax breaks do not create tax revenue. The Washington Examiner reports that Kenneth Kies, a GOP-nominated former director of the JCT, says that this accounting device falls:

Somewhere between pure mathematics and theology.

The real dynamic score will be by America’s corporations and financial firms.

Think it won’t happen? Incoming Chair of the House Ways and Means committee (which has jurisdiction over tax reform), is Rep. Paul Ryan (R-WI). Last week, in an interview with the Washington Post, Ryan said he will push to make sure that the two congressional budget scorekeepers use dynamic scoring when evaluating GOP tax reform legislation. Sen. Orrin Hatch (R-Utah), incoming Chair of the Senate Finance Committee, said last week that he was open to implementing the change.

Ryan and Hatch can implement dynamic scoring by simply ordering the two budget scorekeepers to accept this budgeting method. If such direct intervention seems too heavy-handed, Republican legislators have another option: They can appoint directors at the CBO and JCT who will use the kind of assumptions the GOP favors. Democrats can do nothing to prevent that.

So, what will stop Congress from using politically motivated economic models that incorporate rosy assumptions? Absolutely nothing.

Behold the future − you voted in the Republicans.

In practice, Dynamic Scoring is just another way for Republicans to enact tax cuts and block tax increases. It is not about honest revenue-estimating; it’s about using smoke and mirrors to institutionalize Republican ideology into the budget process.

Monday Wake Up – December 1, 2014

Today’s Wake Up is for entrenched power in America.

Inequality and political polarization has progressed to the point that the “The Hunger Games” trilogy is being taken seriously as literature with an important message for our time.

Its symbols are appearing in protests around the world and have made it into opinion columns:

Some protesters in Ferguson, Missouri, have adopted Katniss’s revolutionary slogan, “If we burn, you burn with us.” In Thailand, students flashing District 12’s three-fingered salute — a symbol of protest in the film — have recently been arrested. (The salute has apparently been outlawed since spring.) In a few short years, “The Hunger Games” and its symbology have become a part of the cultural commons.

America’s upper middle class thinks that inequality is an issue because it means low GDP growth, solely because people can’t buy enough consumer products to create good jobs. However, there could be an inflection point ahead when having more consumer goods ceases to be the goal of the middle class, or the people in poverty.

Look back at the French and Russian monarchies for a lesson about what that transition might look like, and how fast it can come about.

Today’s wake up music isn’t designed to get you dancing. It is the political anthem, “We Can’t Make It Here” by James McMurtry. McMurtry is the son of the novelist Larry McMurtry. The song won the 2005 Americana Music Award for song of the year. Music critic Robert Christgau has ranked “We Can’t Make It Here” as the best song of the 2000s. Bob Lefsetz said that “We Can’t Make It Here” has stood the test of time because of its unmitigated truth. Listen, while thinking that this was written in 2005, not this year:

Sample lyrics:
Will I work for food, will I die for oil,
Will kill for power and to us the spoils,
The billionaires get to pay less tax,
The working poor get to fall through the cracks

Monday’s Links:

Millennials are having to choose between affordable housing and jobs. It has always been true that there are fewer jobs where housing is affordable, but today, those two halves of the American Dream are living farther apart. Jobs with high wages are in unaffordable cities. The affordable homes cluster in the cities with lower wages and less upwardly mobile families.

Governor Christie (R-NJ) gives early sign that he is running for President. Christie vetoed a bill that would have banned crating pigs. New Jersey has few pig farms, but they are widespread in Iowa.

You can unknowingly lease a dog in San Diego CA. People who thought they purchased a dog using time payments actually leased the pet. After 27 months of payments, they could pay a $93.52 fee to end the lease, or $187.04 to purchase the pet. Why not just get a rescue animal? Read the paperwork, people! This is probably the next Wall Street securitization scheme.

Pope raises eyebrows by saying:

When we read about Creation in Genesis, we run the risk of imagining God was a magician, with a magic wand able to do everything — but that is not so…

His point was that Catholics should believe in evolution and the big bang theory. Next, Kansas and Texas will probably try to excommunicate him. Clearly, he’s been confused by those science-y people.

News from Russia:

Are the sanctions working? Russian firms that are under sanctions by the West must refinance $20 billion by April-sanctions are making that difficult.

There is a serious nuclear waste problem in the Arctic, brought to you by Russia. According to a joint Russian-Norwegian report issued in 2012, there are 17,000 containers of nuclear waste, 19 rusting Soviet nuclear ships and 14 nuclear reactors cut out of atomic vessels sitting on the bottom of the Kara Sea. The worst case scenario is described as “an Arctic underwater Chernobyl, played out in slow motion.” Oh, great, and I was worried about Crimea.

Water thievery is growing in California along with the drought. Thieves are cutting pipes and taking water from fire hydrants, storage tanks, creeks and rivers to get their hands on the precious commodity.

Thought for the week:

I always thought if you worked hard enough and tried hard enough, things would work out. I was wrong. –Katharine Graham (Owner of the Washington Post)

The Wrongologist

Geopolitics, Power and Political Economy

Category: Corporatism