Category Archives: economics

The Redistribution of Fish

Takin' yo fish for his homies in the yoonyuns.

Legendary libertarian economist Thomas Sowell wrote a little reminder to America that redistributionisms (like public schools and food stamps) always end in massive poverty like Soviet Russia, WHERE FOOD STAMPS YOU.

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Why I Left My Bank

Let's chat about bank fees, shall we?

#remember X 2


#BankTransferDay #treason #plot



#BankTransferDay is Upon Us

It probably wouldn’t surprise you if I told you I was participating in Bank Transfer Day, the Occupy-inspired day of protest where people are encouraged to move their deposits into credit unions and out of the major banks.  You might be surprised when I tell you it was primarily a personal budget decision between my partner and I, and not one made from idealism or outrage.  I even did it early, to avoid any trouble with my November rent check.

It isn’t often that the prudent aligns with the ideal.

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#OWS: The Morning After

Hope is not an exit strategy.

You know the argument about a rising tide, and how it lifts all boats?  This has always seemed a dubious metaphor to me because of all the assumptions it must make in order to apply, and all of the obvious features of the ‘tide’ that it conveniently leaves out of the idiom.

Join me while I break it down.

(much more below the fold)

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#OccupyLA: Who Speaks For Us?

We Don’t Need a Leader, But We Need Something

When the General Assembly in Woodruff Park in Atlanta declined to allow John Lewis, famed civil rights activist and sitting U.S. Congressman to deliver a few words of encouragement, I believe this movement made a curious and possibly detrimental turn toward the irrelevant.  The reason for this is straightforward:  I do not believe you can assault our broken democracy and our broken economic system simultaneously.  By rejecting elected and aspiring representatives of the people from engaging in this movement and taking its message to city halls, state houses, and the impotent galleries of the U.S.  Congress, there is a chance we could doom this protest to the alternate fates of destructive riots or perpetual but inconsequential unrest.

<much more below the fold>

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#OccupyLA: How 500 = 99%

It seems like fuzzy math, to see a tiny crowd of mostly white youngsters with a spattering of legitimate community organizers claiming to be 99% percent of the population.  Likewise is it hard to believe that a handful of redditors and youtube jockeys with their somewhat short-sighted stories about personal debt and unemployment could somehow embody the experience of almost the entire population of the richest country on Earth.  On a day when everyone was making suggestions to these protesters on what their demands should be (including of course, yours truly) there were just as many people speaking out against the ‘dangerous’ ‘class warfare’ of a handful of idiot hippies who want to make us like the Communists.

It’s just as easy for opponents of this protest to dismiss its participants and their desires as it was for liberals to dismiss the Tea Party in its early days.  Back then, the Tea Party seemed like an over-hyped Fox News focus group, suddenly transformed from studio audience to vocal mob, chanting and waving signs about liberty and socialism and Sharia law.  But just as the Tea Party grew into a legitimate social movement with electoral power, this movement has the same potential, and it’s because its concerns do really do line up with the desires of 99% of people in this country.  

(Much more below the fold)

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Strategy 2012: Attack Teachers, Single-Mothers and the Working Class

We’re about to witness an incredible feat of obfuscation and misdirection.  The Republican party is a few months into a massive, nationwide campaign to discredit the very people who they hope to court for the Senate and White House in 2012: the American people.  It’s fascinating that not only do they think this is a winning strategy, but that it might actually work, and that so many people will be once again battered into voting against their own self interest.

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Why I Don’t Mind the Tea Party

The papers are full of stories this week about the latest right-wing insurgency to threaten American civilization: the angry and bloated members of the libertarian splinter group known as the Tea Party.  Aside from their bastardization of a beloved Bostonian historical event, this movement doesn’t bother me nearly as much as other right-wing thrusts before an election.

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In Communist Russia, Day Labors You

In honor of our union brothers, whose struggle has allowed us to take that final summer vacation every year, here’s a little taste of what life is like in a worker’s paradise on earth.  Enjoy.

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The Onion is Always Right


U.S. Economy Grinds To Halt As Nation Realizes Money Just A Symbolic, Mutually Shared Illusion

WASHINGTON—The U.S. economy ceased to function this week after unexpected existential remarks by Federal Reserve chairman Ben Bernanke shocked Americans into realizing that money is, in fact, just a meaningless and intangible social construct.

[click link for full article]