Tuesday, September 8, 2009

They're Big...

...and you're small.


PS: Oops.

8 comments:

Chris Eldin said...

Wow.
I'm glad you post these...but I get too worked up. Sums it up though "They're big and you're small."
They got away with it, Suze Orman said on one of her shows recently. The rules of the game have fundamentally changed. This is not my field at all, but I feel like the stock market is one big Ponzi scheme.

McKoala said...

I can send you a dollar if that helps.

And, nice try, but you are still on smackdown. In fact, I'm creating a new category just for you: Supersmackdown.

Robin S. said...

Mother F.Fucker. This article really gutted me. Fuckers.

pacatrue said...

Well, I share the articles concern about the deficit, but there's some odd/made-up/biased stuff going on here as well. The reason we have a deficit is that it's always politically expedient to borrow rather than pay for stuff, not because all members of Congress are running around in yachts. It also attacks issues like medicare and social security specifically, but no other parts of government expenditure, showing a clear political bias having little to do with issues of the debt. Finally, there's a suggestion of an underlying conspiracy where the government refuses to teach us stuff in its schools just so they can keep buying yachts. I've seen no evidence of such a conspiracy.

Still, I do share the writer's opinion about the importance of the debt, so I'm on board with that.

blogless troll said...

The reason we have a deficit is that it's always politically expedient to borrow rather than pay for stuff,

He makes that exact point. You appear to be hung up on the yacht. It's a metaphor. Anyway, it's the Wall Street people who would actually own the yachts. Members of Congress, if anything, would be guests aboard.

It also attacks issues like medicare and social security specifically, but no other parts of government expenditure, showing a clear political bias having little to do with issues of the debt.

Are you kidding me? Do you have any idea how the Social Security "trust fund" works? You're searching for partisan bickering points here Paca, which is really disappointing. The point of those two examples is PRECISELY related to debt because those are by far the two biggest debt bombs waiting to explode. You know, the Baby Ka-Boomers.

Finally, there's a suggestion of an underlying conspiracy where the government refuses to teach us stuff

You can look for suggestions of an underlying conspiracy if you want. That probably makes it easier to dismiss. What I see in that last section is a rant peppered with irony and sarcasm designed to get people to wake the fuck up. Personally, I blame individuals for their own ignorance, but that's just me.

Point being, school does not teach these things, it barely teaches history, and most people have no clue how money works. This makes it extremely easy for those in positions of power (be it public or private) who do know how money works to rob, cheat, steal, bribe, etc., if they are so inclined, until the entire system is at the end of its rope. That's kinda what's been going on.

pjd said...

Three quick thoughts:

1. While I get his point, the fact that he started out by saying the war on terror has no part in this mess is questionable. A trillion dollars spent on Iraq probably shouldn't be simply ignored.

2. I love it when debt is calculated on every man, woman, and child. What about our corporations? Oh, wait... isn't that his point? That corporations that should be paying taxes aren't; that all that money is being used to buy yachts for the people who run the companies and the people who make the laws? Hmm. Seems to me he missed an awfully good opportunity there.

3. The brokerage guy throwing sea creatures probably was looking for his yacht, or wondering why everyone else got one and he didn't.

blogless troll said...

1. No argument there. It's a different kind of fraud.

2. Honestly, those How Much Does Each Individual Owe breakdowns don't do anything for me. It won't be collected in taxes and people know that so they shrug it off. He's got a much more effective chart here.

3. As long as he keeps throwing jellyfish on teenagers I don't care what his motivations are.

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