Comments

1
"Those who cannot remember the past are condemned to repeat it."
George Santayana
2
"My name is George, I'm unemployed and I live with my parents."
George Costanza
3
This shit is what happens when elections can be bought, the internet can be hacked, corporations run amok, and heartless white-collar criminals occupy the White House.
Friends don't let friends vote RepubliKKKan. Trumpzilla apologists can just STFU already, crawl back into their slime holes and forever be stripped of their voting rights for being so grossly irresponsible at the polls. Younger generations have your number and will act accordingly to make change.. Viva la Resistance!
@1 Urgutha Forka: I remember the past quite well, and have hopefully learned from my mistakes not to repeat the worst, most destructive ones.
4
greed begets greed
5
This dark age will predictably come to an end with the terrific blaze of a financial crisis.


Counterpoint: the next time Wall Street melts down, the world might just keep noodling along more or less as usual, without any wholesale restructuring of society.

That, after all, is what happened the last time we had a "terrific blaze of a financial crisis."

And the time before that, when the dot-com bubble burst.

And the time before that, on Black Monday.

And the time before that, with stagflation.

And... but this grows tedious.

There is someone doomed to repeat here, someone who is not learning from history. That someone is not Wall Street, Wall Street has learned that it has little to fear from periodic collapse. No, that someone is the poor naif who eternally believes that the next catastrophe will bring about a revolution of some sort or another, an upending of the social order, a gift-wrapped delivery of some vaporous dream-world.

This person will never learn from history.
6
"Those who profited mightily off the past are dooming all of us by trying to repeat it".
-Spunkbutter
7
Not all. Just us. Not them.

"Heads pay me, tails fuck you."
8
@3 33% of sitting Democrats (including Hillaryā€™s choice of VP, Tim ā€œHim?!ā€ Kaine) sided with Republicans in deregulating the banks.

Democrats currently control WA senate, house and legislature as well as Seattleā€™s city council, yet we havenā€™t seen legislation against foreign or speculation money in housing. But they found the fucking time to protect themselves from Freedom Of Information requests.

Voting Democrat alone is not the answer.

We must demand better.

Voting Democrat isnā€™t
9
@8 TBC Voting Democrat isnā€™t getting all of the results we need. How do we demand better if we keep getting the same asshole choices year after year?
10
Is this re-handing over the Economy back to Wall Street Banksters part of some grand far-alt-right-wing scheme to tank the Economy and hand the Dems a pyrrhic victory -- the worst recession since Bush's Great Recession? Oh and billion-dollar bailouts and massive bonuses for those complicit in strip-mining our Economy. (Or are we gonna go for a balls-out Depression?) I mean, they're not really THAT good at manipulating US, are they?

Whoever's in charge when it tanks is gonna wear it till we fix it.
11
I appreciate the competent perspective you provide, CM.
12
@10 No, whoever is in charge when it tanks will get off scot free and retire to one of their many estates with a pension that you pay for. We will all be here arguing over gay marriage, Mexicans taking all the jobs and abortion.
14
A person who works at ā€” even a person who is COO of ā€” Coldwell Banker Bain is not a banker. That person is a real estate agent.
15
@13
"Sadly the record of Government inspired 'regulations' is one of abject failure." Tell that to the twenty-five who died on British Petroleum's 'Deepwater Horizon' -- where were those "overburdensome" regulations when that fucker blew up and spilled billions of liters of the crudest of oil into the Gulf of Mexico? A reich-wing Utopia would remove ALL oversight of Corps Amerikkka -- but, oh, that's right, not to worry -- the Market would "regulate" itself! Like the "Well-Regulated" Militia? So much faith, you have.
16
"The greedy homeowner wanting to pay zero down and no income verification was equally guilty with the greedy wall street firms."

Those greedy fucks. Wanting a hearth and home for what seemed too good to be true -- because it was. And those poor, overly-belittled Wall Street Banksters -- who knowingly sold garbage to unknowing pension funds, etc, and who then, while the Economy tanked, all those people lost their Life Savings, pensions, and so much more, while Banksters got Socialismed* ** from US Taxpayers.

* We, the People bailed out their asses to the tune of TRILLIONS.
That, mein commarade, is Socialism. You still hate it?
.
.

** Banksters pocketed BILLION$ -- buyers lost any equity and the building they were living in. On what Planet might that be ''equal''?
17
"The more regulations, the more government "oversight" the worse the problem becomes and the more inefficient the markets." Yeah, absolutely. We gotta have more "efficiency" for Corps to destroy Life, as we know it. (Do they pay you or do you actually believe this shit?)

But, not to worry -- you have a Saviour: "In Decline, Offshore Drillers Find a Champion in the Trump Administration. [Hooray!] Oil companies seek to gain from a rollback of safety and environmental rules that were adopted after the Deepwater Horizon disaster."

Thanks, from me, my kids, and everyone else's.

https://www.nytimes.com/2018/03/10/busin…

Please wait...

Comments are closed.

Commenting on this item is available only to members of the site. You can sign in here or create an account here.


Add a comment
Preview

By posting this comment, you are agreeing to our Terms of Use.