Tuesday, February 4, 2014

Piercing The Bubble



Wanna know why drastic income inequality is a problem for a capitalist democracy? Read this.

I don't mean to be unkind, but isn't this story rather like sending out a reporter to discover that you cannot buy things with pelts and trinkets any more? That actual money, fiat or otherwise, is usually involved, and that your local Forever 21 doesn't take chickens for payment? 
"...Regardless, affluent shoppers like Mitchell Goldberg, an independent investment manager in Dix Hills, N.Y., say the rising stock market has encouraged people to open their wallets and purses more. "Opulence isn't back, but we're spending a little more comfortably," Mr. Goldberg said. He recently replaced his old Nike golf clubs with Callaway drivers and Adams irons, bought a Samsung tablet for work and traded in his minivan for a sport utility vehicle..." 
Fk off. Die in a sand trap.
I wish I could write like CPP. He's funny, and deadly serious. To argue that it's a matter of survival to address this problem is not, as the Foxolimbeckians would have us believe (and of which they've clearly convinced their teabagging mindless audience), socialism. Nor, as the aggrieved and put-upon plutocrats would have us believe (and of which they've clearly convinced their teabagging mindless audience), a matter of envy. Or of demanding handouts. It's a plea for recognition of reality, for the future of us all.

Aye, there's the rub.

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