Tuesday, July 7, 2015

Has the global economy calmed the Hellenic crisis, or is this the calm before the storm?

Those fuckin' Greeks, eh?

They want dignity?

They have the audacity to want dignity after their banker betters mortgaged the nation for the next 300 years?

Well, I say the EU/IMF/ECB/World Bank crew should do all they can do to withhold that dignity.

After all, debts must be repaid... or the whole system is gonna go down the shitter.

Unless of course you are a major bank too big to fail.

Here's the thing. Our way of seeing things is at a crossroads.

Here's another way of seeing things.

I remember the late fifties-early sixties era when my fresh-off-the-boat father worked in a factory.

Back in the day, fresh-off-the-boat DPs of all stripes could get a factory job and buy a house and a car and believe in the good life. On one household income.

Fifty years later, productivity of the working class has gone up exponentially, but working people are either not working or they've become the working poor.

But it's been a great fifty years for hedge funds and bankers and all the other pillars of the Rumpelstiltskin economy.

Good for Tsipras and Varoufakis for saying "nein danke" and refusing, on behalf of the people of Greece, to take it up the ass anymore.

I think capitalism is great. It can motivate people to do great things. But it needs to be strictly regulated. Otherwise your're going to end up with a half dozen hedgie shit-bags running the whole show.

It's time to re-organize the global economy for the benefit of humanity.

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