naked capitalism

MyLessThanPrimeBeef says:

Make that ‘Stop blaming…’

Thomas Barton, Jd says:

Two thoughts. Why dont we kill the worst fighter jet program of all time, the hideous Joint Strike Fighter, and give everyone in America enough cash to buy 4 big macs at mickie dees ? Also are you recycling your antidote du jours ? That rhino looks awfully familiar. Maybe his mother works at Goldman Sachs.

Dave Raithel says:

Re Billions and Billions an Billions and ….

I did read Yves Smith’s well put post the other day that obsessing upon executive compensation is a distraction, that it is to confuse symptom with disease, etc., and I thought that her case was better made than Niall Ferguson’s (appearing in the links a day or so earlier).

It’s distracting stories like this, I guess, that won’t qualm my desire – a suppressed need, perhaps – to slap somebody upside their head with a sock full of washers.

I caught Barbara Ehrenreich on Democracy Now (yesterday) promoting her newest book, a critique of the “Happy” and “positive” self-help cottage industries that put you at the center of all your problems. One of her points was too healthy: You shouldn’t always turn your anger and bitterness into something else, you should sometimes act on those emotions – they have their purpose.

So perhaps doing something to the thieving bastard whores at Goldman et al isn’t just obsessing on a symptom, but instead is lancing a pus-filled cyst: The disease, and the symptom, are so closely proximate that disinfection requires repudiation. Those shits will do nothing different until money is taken from them, and nothing in the way of significant financial reform will come about until their livelihoods are threatened.