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      It’s really mind-blowing seeing the @nytimes—one of the chief purveyors of false/misleading “doomsday headlines” about crime in NY & around country—now reporting on the electoral impact of their own harmful journalism practices. And yet mentioning only other papers & “media.” pic.twitter.com/vWDJgP6e8H — Scott Hechinger (@ScottHech) November 27, 2022 […]
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      Week-end Wrap – Political Economy – November 27, 2022 by Tony Wikrent Strategic Political Economy   8 billion and counting [ABC, via The Big Picture 11-22-2022] This week, the world’s population ticks over a historic milestone. But in the next century, society will be reshaped dramatically — and soon we’ll hit a decline we’ll never reverse   The incredible s […]
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Jeez, it’s only your pensions. Give a banker a break

Reversing the kettling procedure in Madrid, Sept. 25, 2012

Yesterday, Madrid had massive protests over austerity measures.  Today, it’s Greece.  Will Ireland follow suit or are they just into suffering?

Time will tell but it looks like people will need to get a lot more insistent before the bankers and governmental officials get the point.  Austerity and scarcity are artificially constructed situations.  What governments haven’t had the guts to do is tell their banker gamblers to take a haircut.

And then there’s all those 401Ks that need to be appeased.  We brought that on ourselves when we listened to the gamblers and decided to join them at the global casino instead of saving most of our retirement money in nice, boring pensions.  You know, the nice boring pensions that our parents retired on and live a nice, comfy lifestyle with a paid for house and a yearly cruise to the Panama Canal?  Is that so awful??  No, it is not.  But it is certainly not what you’re going to get if the stock market takes another steep, steady dive and fails to recover before you’re old enough to retire.

Anyway, the peasants are revolting.  Go peasants!