Showing posts with label United Kingdom. Show all posts
Showing posts with label United Kingdom. Show all posts

Wednesday, July 26, 2023

Link Bundle: This Is Capitalism

 All of these links are about capitalism working as the capitalists intend it should.

 Toys R Us was murdered. And its final CEO got paid big bucks to mismanage other things to death. (I just did a Google on the guy; apparently he's taken his money and run, for now.)

The people who killed Toys R Us also did in Gymboree, among other places, stealing severance pay to give the CEO a nice golden parachute.

In America it's illegal to require that financial advisors not steal you blind.

 In terms of paid time off, medieval peasants had it much better than the average American, who is too terrified of losing their job to voluntarily take time off. 

A reminder that Ayn Rand is still killing people- and companies- and even countries. But what do you expect from someone whose biggest hero was a murderer?

 More of corporations literally killing people and facing zero criminal liability.

Capitalists don't even want you to be able to own the things you buy. And the housing you rent? The poorer you are, the more you're being overcharged.

 Payment services want a cut from both sides of every transaction, even if and when it's bogus and refunded

Building too-big-to-fail megacorporations, especially in finance, is a bipartisan effort.

A reminder that conservatives believe a profit today is worth the whole damn company tomorrow. 

Even those charged with the spiritual care of the people squeeze them shamelessly.

And with all this dough they're pocketing, the ultra-rich still insist only the little people should pay taxes. Because economic stimulus. (Hint: that's bullshit.)

Meanwhile, the people they've crushed are scarred for life, physically and mentally, by the effects of poverty.

 


 

 



Tuesday, April 20, 2010

Why Today I Despair for the American Political System...

On the Republican side: Republicans signal that not even total capitulation will stop them from portraying financial reform as "permanent bailouts."

On the Democratic side, Obama is still willing to cave in and "compromise" with the Republicans, despite the Republicans saying point blank that they will not compromise. (Also, Obama's Treasury department used its voting power in Citigroup to block disclosure and transparency in derivatives at that company- proving that its calls for "more transparency" are outright lies.)

Back on the Republican side, we get proof that Republicans will destroy anyone who dares to even suggest compromise or working with the Democrats.

Back on the Democratic side, the president we elected to stop criminal conduct in office protects the lawbreakers while punishing those who blew the whistle on them.

There is no hope, no change, in either party.

I'm considering moving to England and joining the Liberal Democrats. At least every issue listed in this article, I agree with and support...

... and more to the point, there's at least a third option that has a chance, however small, to win when the big two parties both become too odious to stand.