Wealth re-distribution in the USA [rah, rah, rah]

[rich]

is it just more obvious today that no one has a clue how to right
things? camouflage it behind leadership, capitalist and religious
overreach, resource depletion, ideologies of control, terror,
derangement, realpolitik, technology, what have you, all those
explanations and denunciations, opinions, those heightened leaps for
authenticity and nailing the evil fuckers to the wall, what has that
gotten all of us but more juicy things to read about, condemn, and
shake our heads and asses at?

far be it for me to be so humorless. i'm ever disagreeing with what I
write five minutes after writing it


On Wed, Aug 24, 2011 at 10:35 AM, Kai Frederik Lorentzen
<lorentzen at hotmail.de> wrote:
>
> In last instance it's, I guess, nobody's fault yet the self-referentiality
> of capitalism.
>
> Does economic theory help?
>
> http://www.youtube.com/watch?v=d0nERTFo-Sk
>
> No, at least not anymore.
>
> And the fucking Eurobonds will come, be sure ...
>
> But there's hope ... Pynchon will always be a Triple-A-Author!
>
>
> On 24.08.2011 13:29, alice wellintown wrote:
>
>> I never thought that we would see the US downgraded from AAA. That the
>> world has responded by buying up UST securities, the US 10 year
>> benchmark at 2%, depite the downgrade (and Yes, I believe S&P is
>> correct), suggests that the mature economies of the world, and
>> particularly the US, Japan, and Germany, are not going to recover from
>> the great recession any time soon. Of course there are several other
>> considerations, the currencies, the price of energy (oil and
>> alternatives), demographics (baby-boom retirement in the US...etc.),
>> real estate portfolios, the cost of these protracted wars, the
>> inflation in the BRICs, the welfare extended to Banks and Corporations
>> (domestic, foreign, international) by the US Fed vs. the end of
>> welfare for working people and the brutal corporate/ political
>> subjugation of workers ....but I'm not going to hang that sign on Kohl
>> or any other political leader. The fault belongs to the people; Shock,
>> shock, but I blame the baby-boomers. I put the blame on the Vineland
>> Zoyds and Brck Vonds and Frenesis.
>>
>>
>> rich<richard.romeo at gmail.com>  wrote:
>>>
>>> one almost feels bad for the germans, stuck in a debt-laden morass.
>>> its all helmut kohl's fault (if you've been reading transcripts in Der
>>> Spiegel of his conversations with Gorbachev right before the fall of
>>> the Soviet Union, you'll laugh at the stupidity of the man) pushing
>>> for the euro.
>>> michael lewis' recent piece on Germany, good as it is, in the latest
>>> Vanity Fair with its allusions to Germans love of shit and money
>>> smacks of a Pynchonian type of prejudice
>>> I liked that in Germany to avoid layoffs companies jiggered with
>>> employee hours so no one lost their jobs. If anything, German workers
>>> complain that wages have not risen comparable to German companies
>>> profits. No doubt they'll figure something out way before any
>>> like-minded happens in the US or Britain.
>>> But in the end Germany may have to open its wallets again to save
>>> Helmut Kohl's dream. I'd be shocked if they ever agreed to a eurobond.
>>> like a swimmer attaching itself to a drowning person
>>
>
>