on money (in the abstract)

[alice wellintown]

What Naomi Wolf & O.W.S. & Co. are so frightened about is not a
loophole that gives Washington insiders inside information. Hell, if
you work in a hospital and your mother needs a heart valve you have
inside information and chances are very good you will use it. In using
that inside information you are putting some other asshole at risk;
his mother, not a pig or a cadaver, will be fixed or broken by a
resident practicing, perhaps for the first time, with the new
equipment and new procedure, with a team that has been cobbled
together, not briefed and debriefed and practiced together. Today,
most folks are inside somewhere where information is valuable and they
are using it. Maybe it not exactly Sam looking for his girl in Brazil
or Brock Vond or Hector looking for Frenesi, but it's pervasive. That
government and wall street types have more of this information and can
therefore, and do, do more damage or take more advantage is
questionable. That's why Wolf & O.W.S & Co. connect dots and spin
conspiracy; it's not easy to use inside information on such a large
scale because large and inside are difficult to keep between the
sheets.


What frightens people in O.W.S is that the rich and powerful
pro-business people and those who support them, not a union by any
stretch, are going to make the world a better place for a bunch of
folks at their expense. yes, folks, the rich are the OWS folk. They
got American; that's rich looking through the lens most people see
through. That statistical TED I posted paints a true map of the globe.
But Americans, because they think of themselves as advanced, even as
they loathe their lot for it, think of themselves as the brain in the
global body. The brain is selfish; it shuts down other parts to keep
itself alert and alive. This kind of neo-classical view that includes
a critique, while it tries to discredit the American CEO attitude and
its dressed-up respectability, actually affirms it. It's a conflict
both sides need to sustain. But the loser is the critic who stands on
the false assumption that he and his nation are advanced, are the
brain. The critic is not the brain, neither is the CEO or Washington
plus Wall Street. The Washington and wall street alliance, knowing
that they are but one big fat midsection of a complex body, fight to
keep themselves fat. They don't much care if the arms and legs are
thin as long as they have women coming and going talking about buying
Michelangelos or whatever. To sustain the planet the rich american
worker must pay the price; he will lose his wages, his skill, his home
and land values. That's the inside information those who woulod prefer
to be thought of as outsiders are ignoring. We might call it an
inconvenient truth.

> Alice writes:
> Itz cheap to you cause you wouldn't work for the wages the chinese and
> indians are quite happy to slave for. The injury is on you and the
> other americans and high wage earners. You will be the losers as the
> poor in the world gain.
>
> Finally some very mainstream economists are also seeing and saying this.
> See long essay recently in THE ECONOMIST, that organ of necessary
> capitalism---my characterization of their raison d'etre.........
>
>