The Obama Deception: Why Cornel West Went Ballistic
16.05.11
I know well many of the mega-rich and, by and large, they are very decent people. They love America and appreciate the opportunity this country has given them. Many have joined the Giving Pledge, promising to give most of their wealth to philanthropy. Most wouldn’t mind being told to pay more in taxes as well, particularly when so many of their fellow citizens are truly suffering.
Warren Buffett • Arguing in an editorial for the New York Times (titled, fittingly, “Stop coddling the super-rich”) that Congress needs to raise his taxes and those of people with incomes topping $1 million. “My friends and I have been coddled long enough by a billionaire-friendly Congress,” he writes. “It’s time for our government to get serious about shared sacrifice.” Wait … a super-rich guy offering more money up in taxes? Be still our hearts. And don’t tell the Koch brothers … they might disagree with this stance. source (viafollow)

(Source: shortformblog, via brooklynmutt)

15.08.11

“But let’s be clear: What he did has nothing whatsoever to do with basketball. Ratner didn’t buy the Nets as a stand-alone commercial enterprise in the hopes that ticket sales and television revenue would exceed players’ salaries and administration costs. Ratner was buying eminent domain insurance. Basketball also had very little to do with Ratner’s sale of the Nets. Ratner got hit by the recession. Fighting the court challenges to his project took longer than he thought. He became dangerously overextended. His shareholders got restless. He realized had to dump the fancy Frank Gehry design for something more along the lines of a Kleenex box. Prokhorov helped Ratner out by buying a controlling interest in the Nets. But he also paid off some of Ratner’s debts, lent him $75 million, picked up some of his debt service, acquired a small stake in the arena, and bought an option on 20 percent of the entire Atlantic Yards project. This wasn’t a fire sale of a distressed basketball franchise. It was a general-purpose real estate bailout.”


“Today the wealthy have no such qualms. We have moved from a country of relative economic equality to a place where the gap between rich and poor is exceeded by only Singapore and Hong Kong. The rich have gone from being grateful for what they have to pushing for everything they can get. They have mastered the arts of whining and predation, without regard to logic or shame. In the end, this is the lesson of the NBA lockout. A man buys a basketball team as insurance on a real estate project, flips the franchise to a Russian billionaire when he wins the deal, and then — as both parties happily count their winnings — what lesson are we asked to draw? The players are greedy.”

The Nets and NBA Economics - By Malcolm Gladwell in Grantland

via SBNation

26.09.11
via chasingstupid:

Funny how some magazine covers from the past look so fucking stupid many years later. This one is from 1999.
From right to left the Criminally Incompetent, the Criminally Stupid, and The Criminal.
The “Committee To Save The World” ? Marketeers?
Hahahahahahahahahahahahahahahahaha!
You’ve got to be fucking kidding me.

The Criminally Incompetent, The Criminally Stupid, and The Criminal.
Queue the Joker laugh: Woooo hahahhahahahhahahahahahahahahahahahahahahahahah!
Sadly, they are the ones laughing…along with their friends on Wall Street…at us.

via chasingstupid:

Funny how some magazine covers from the past look so fucking stupid many years later. This one is from 1999.

From right to left the Criminally Incompetent, the Criminally Stupid, and The Criminal.

The “Committee To Save The World” ? Marketeers?

Hahahahahahahahahahahahahahahahaha!

You’ve got to be fucking kidding me.

The Criminally Incompetent, The Criminally Stupid, and The Criminal.

Queue the Joker laugh: Woooo hahahhahahahhahahahahahahahahahahahahahahahahah!

Sadly, they are the ones laughing…along with their friends on Wall Street…at us.

27.09.11
The Occupy Wall Street movement is spreading quickly to many cities and states, and could possibly become a nascent third party within the Democrats. Predictably, it is being attacked from the right as “socialist.” Actually, it is capitalist, but believes in the regulation of capitalist institutions. What we live under now is a system of Corporate Socialism, a welfare state for the rich. It seems to me that your politics can be defined by whose side you are on. Tea Party members are mostly on their own side. They believe they should pay lower taxes, or none. If we can’t pay for health care, tough luck. The Occupation forces, who seem more affluent and might benefit more from lower taxes, are on the side of those being exploited by an unregulated Wall Street.
Roger Ebert (via azspot)

It’s remarkable how few seem to grasp this fairly basic concept. (via danielholter)

(via shortformblog)

10.10.11

apoplecticskeptic:

spytap:

Ben Stein goes on Fox News, and in 2 minutes eviscerates the entire GOP platform regarding taxation and spending. Every single talking point the hosts bring up is immediately shot down and then the segment is abruptly ended.

Wow.

WOW.

Trying not to be political…but #JustSaying

Anyone, anyone?  

25.10.12