Our house is on fire. Join the resistance: Do no harm/take no shit. My idiosyncratic and confluent bricolage of progressive politics, the collaborative commons, next generation cognitive neuroscience, American pragmatism, de/reconstruction, dynamic systems, embodied realism, postmetaphysics, psychodynamics, aesthetics. It ain't much but it's not nothing.
Wednesday, July 1, 2015
Greek and US financial woes
See this article by Stiglitz on Greece's problems, created not by Greece but by the criminals that imposed failed austerity policy upon them. It's
a similar dynamic that caused the US financial crises. I was working in
the insurance industry at the time and saw it from the inside. It was
NOT those who couldn't afford to buy houses that caused it by defaulting
on their loans. It was bankers who not only gave loans to people they
knew could not afford it, but then turned around and bet they would
default so they could make money on those defaults. They created a
situation knowing full well those defaults would crash the economy and
didn't care in the least because they also knew full well they'd be
bailed out due to insiders in the Treasury and Administration, former
banksters themselves. It's a criminally corrupt system and why I had to
retire early and blow the whistle on my own employers. Only the likes of
Sanders, Warren and progressives give a shit about this.
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