NP - Toryism (Austerity) Isn't Working.
bandwraith at aol.com
bandwraith at aol.com
Sat Apr 28 08:28:31 CDT 2012
If recession means zero growth we should
stay in one forever. But these aviating swine
are all about the freedom to get rich, which
implies unlimited resources, or, a few
winners and many, many losers. The first
scenario is physically impossible, the second
necessitates a police state- which, though
possible, always devolves, eventually, into
ritualistic cruelty and fetishistic longings for
the aesthetics of power and control. Collapse
occurs either from environmental degradation
or unendurable meaninglessness, or both.
We never learn, perhaps because the
roots of the above are in our very genes, or
the inanimate dross of which they are
amalgamated, but there is a counter-
tendency, without which evolution would
have been impossible.
-----Original Message-----
From: Joseph Tracy <brook7 at sover.net>
To: P-list List <pynchon-l at waste.org>
Sent: Sat, Apr 28, 2012 2:10 am
Subject: Re: NP - Toryism (Austerity) Isn't Working.
If McCain had been elected and followed the exact same economic
policies as
Obama, the outrage would be similar to the widespread Democrat critique
of W.
Both parties are funded by the same large corporate interests. Obama's
handing
of the financial meltdown amounted to the cowardly cover-up of a
massive fraud
via the transfer of public money and power , with no strings attached
to the
criminals who had perpetrated the fraud that crashed the economy. It
involved
massive violations of mortgage and securities laws. To say that the
banks "paid
back" these "loans" is profoundly dishonest, and to say they saved the
main
street economy is a lie. Krugman's defense of the New Deal reforms is
admirable
but inapplicable to the current Democratic party. His refusal to
economically
account for the devastations of a depleted, acidified, algal blooming,
oil
spilled ocean or the falling aquifers, or the devastations of global
warming, or
the health effects of the consumer lifestyle, reduces him to a party
hack
arguing for the lesser of evils. Essentially he is still addicted to
flawed
Keynesian ideas that refuse to consider the biosphere as part of
economic
reality.
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