Monthly Archives: December 2018
The Recline and Flail of Western Civilization and Other 2019 Predicitions
Today, as we prepare to close out the old, we offer a vast array of tidings. We bring words of doom and despair. We bring words of contemplation and reflection. And we also bring words of hope and sunshine. After all, the New Year’s nearly here. What better time than now to turn over a new leaf? New dreams, new directions, and new delusions, are all before us like a patch of ripe strawberries. Today’s the day to make a double fisted grab for all of them – and more. Continue reading
Merry Christmas Eddie Lampert!
The takeaway from all this is that Eddie Lampert and Stephen Freidheim know all the secret handshakes and fraternal chants of Wall Street’s highest order. They’ve come up through the ranks together. They’ve done business together for decades. Continue reading
How Faux Capitalism Works in America
The 2008 financial crisis helped clarify how faux capitalism works in America. That when the big corporations and the big banks get in trouble, the people on top quickly absolve culpability while appropriating public funds from their friends at the Treasury for the purpose of private bailouts. This, in effect, socializes the losses across bottom rungs of society and concentrates profits across the top. Continue reading
Paper Lanterns
Still, it doesn’t take much snooping around to uncover what’s really going on. For cracks in the economy’s foundation are transforming from minor hairline fissures to full blown surface fractures at about double the rate that Imperial Valley mud volcanoes … Continue reading
