Tuesday 10 July 2012

Oxymoronics

Wall Street Ethics: In a survey, 500 banksters honestly admit just how dishonest they are. (read the full report here.)Winners always cheat, and cheaters always win. If they're caught, their regulating paramours give them 50 lashes with a wet noodle and life goes on. But on a brighter note, Libor is not going away. Little by little, the fact that the rigged interest rates affect all of us, that the whole world has been literally robbed of trillions of dollars, is sinking into the consciousness of the hoi polloi. It'll be fun watching the politicians on this side of the pond squirm and twist themselves into pretzels in a desperate effort to ignore it and just make it all go away because they're so busy being bribed by banksters at campaign fund-raisers. Which brings us to.....

Liberal Democrats: With more and more people falling into poverty and becoming eligible for food stamps, Democrats are joining their Republican pals in gutting the program. The Senate has already bi-partisanally snatched $4.5 billion in food aid from the mouths of the vulnerable, and some House Democrats seem to be on board with another $16 billion in cuts in food stamps from the Farm Bill. This has some other Democrats "fuming" over the inhumanity. But the top Democrat on the House Committee on Agriculture says making nice with the subsidized farmers is more important than coddling millions of starving people. All this theatrical fume and doom is simply a smokescreen allowing them to cut yet another sleazy deal behind closed doors while publicly posturing so as to be seen "trying." Which brings us to....

Pragmatic Progressives: Chronic capitulators who twist themselves into pretzels trying to justify the Democratic Party's descent into a right wing corporate pit of corruption.

Compassionate Conservatives: Republicans who suddenly pretend to care about the lesser people in the four months preceding the election. See today's column by David Brooks. It's a doozy, even by his standards. Be sure to read the comments too.

You can continue the discussion (or start a new one) from yesterday's forum here as well, since I just closed down that thread.

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