Friday, April 3, 2015

SAR #15093

Negative interest rates are not some curiosity; they represent a symptom of policy failure and a violation of the very tenets of capitalist economics”. Michael Lewitt

Sound and Flury: Indiana's Republicans (they locked the Democrats out of the chamber) have “fixed” the religious right to be a bigot law so that, "sexual orientation and gender identity will be explicitly protected in the new law" . So what's the point? 
All Things Being Unequal... The UN says that the air strike that killed over 40 people in a DP camp in northern Yemen constitutes a war crime. Why the US drone and air strikes that have killed thousands, if not tens of thousands of civilians all over the world are not also violations of international law was not explained. 
Deficit Financing: The recovery, puny as it is, has been fueled by $189 billion in sub-prime consumer debt during 2014 – that's over 40% of total consumer lending. It's unclear whether this represents an increase in borrowing by the poor, or an increase in the number of poor.

Quoted:If poor people knew how rich rich people are, there would be riots in the streets.” Chris Rock. 
Cost Of Doing Business: Inflation has caught up to the Pentagon's approach to accounting. After losing $12 billion in cash that was flown into Baghdad, new procedures were instituted that resulted in the loss of $45 billion in Afghanistan.

Gotcha: An American-born Jordanian has been kidnapped from Pakistan and brought back to the US, presumably for a trial. He's lucky, he was on the “okay to kill” list issued to US assassins.

The Easy Button: The key to our consumer economy is to make it ever easier to buy stuff impulsively; the eventual goal is to make much/most of our buying automatic – done pro-actively by computers without bothering us. Click and done. 
Brilliant: Johns Hopkins University faces a $1 billion lawsuit by the survivors and their families for its involvement in a 1940-50s US government study that infected hundreds of people in Guatemala with syphilis, gonorrhoea and other infections – without their knowledge
Another Front In The War: Sweden is adding “hen” to its official dictionary as a gender-neutral pronoun. Don't know what was wrong with 'it', which has the additional advantage of being the same in both nominative and objective cases and also having the same form (its) for the genitive and genitive absolute.

Leadership: Tom Cotton (Zealot – AR) tells gays to realize how good they have it under the religious freedom laws, after all “In Iran they hang you for the crime of being gay.”

Porn O'Graph: Made to orders, or not.


Anonymous said...

Nor is the UN calling Henry "everything that flies on everything that moves" Kissinger a war criminal, and we can put the civilian deaths in Cambodia & Laos in the millions.

Charles Kingsley Michaelson, III said...

I rather agree, Anony 10.43. We humans are quite adept at not noticing or much caring about things beyond our immediate reach - witness the mass willing blindness to the effects we are provoking by burning carbon and living well. Most of us (unconsciously) figure, well, I'll be gone before the fan spreads the stuff around too much.

We're wrong, of course, but there's nothing newsworthy in that, either.

Anonymous said...

"I can hire one-half of the working class to kill the other half." ; Jay Gould's promise/threat particularly applies during times of the worst hardship and economic disparity.