Class Warfare Blog

February 27, 2021

Made You Look—A Documentary

Filed under: Art,Business,Culture — Steve Ruis @ 8:33 am
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Last night I watched an interesting documentary about a massive art fraud in New York City. In the late 1990s and much of 2000s $80 million of fake paintings were sold as if legitimate. The pieces had sketchy provenance, so they were often “authenticated” by experts.

This is a fascinating documentary, well done, but a number of points were never mentioned or were glossed over.

The Authenticating “Experts” Were Full of Shit
Various experts were asked to “authenticate” these paintings and often did so wholeheartedly, even though they turned out to be fakes. This process has been shown to be flawed over and over but keeps being used. If a new painting is discovered, one not seen in catalogues of the artist’s works, an expert should go no further than to comment something along the lines of “It appears to be in this artist’s style and the painting appears to be of an appropriate age.” That’s it. But these “experts” were stumbling all over themselves to state that the paintings were authentic, something that couldn’t be told without extensive testing. When the extensive testing was done, some of the pigments hadn’t been invented until after the artist died, which is kind of a clue, don’t you think?

The experts basically should limit there comments on a previously unknown painting to “is worth further testing.”

Collectors were Glowing About the Fakes
When the fakes were purchased, the new owners loved those paintings, gushed about how beautiful they were, etc. so they were good art, no? But when they were proved to be fakes the collectors were outraged. Clearly they were not buying art for the sake of the art. They, instead, wanted to brag about how much money it cost, or that it was painted by a famous painter, or looked at it as an investment, but these people never say things like: ”It was such a good bargain, I could see myself selling it for a nice profit is just a few years.” or “I wanted to snatch this up before a bidding war started. It will be much more valuable in time.” So, these hypocrites gush over the quality of the painting but are outraged when they find out that it was faked. Apparently they can distinguish between fake beauty and real beauty . . . not.

This Has Been Going On for Years
This was mentioned a couple of times. It was not a surprise to find out that the forger/painter was a Chinese gentleman. Whether he was a willing participant in the fraud was not determined because there is a tradition in China of copying other works (and not just China). These copies are often sold quite cheaply to people who could not come close to affording the real thing. Much like we have posters of famous art works to hang on our plebian walls. It was suspicious, of course, the lengths gone to to use period and artist correct materials, which would not be necessary for “decorative art pieces.”

Art students are often seen in museums copying masterworks as exercises. And when the originals are being sold for millions, the temptation is there. In this case the works copied were those of American Expressionists (not my cup of tea) which are random enough to be more easily copied, also materials of the age these were created (1950s and 1960s) are still available.

Fueling all of this were prices of hundreds of thousands paid by the art dealer for paintings that sold for much more, even millions. This was a point critics say should have cause alarms to go off, but since greed is the driving force of this age, no one noticed anything sketchy for over a decade.

December 11, 2020

The Numbers Don’t Lie

Filed under: Culture,Economics,Politics — Steve Ruis @ 9:30 am
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The numbers don’t lie, at least this time. I ran across the following example, which kind of tells you that the rich are too rich for everyone’s own good. It goes like this:

If you were to deposit $2000 (current value) into a bank vault every day, day after day, year after year, for 2000 years, basically from what is called “the time of Jesus” until now (you’d probably need family help in this), you will have accumulated almost 1.5 billion dollars. Jeff Bezos in substantially less time has accumulated $117 billion.

I know it is sacred ideology in this country that the rich have “earned” their loot. They created the businesses, the jobs, yada, yada, yada. And that might even have been true 75 years ago. But as the wealthy accumulated money, they realized that they were also accumulating potential power . . . and they decided, some of them anyway, to exercise that power. They are now running the entire country. Whatever they want, they get. They have changed the rules of business and politics to favor them. They get the big tax cuts. They get the tax havens (legal!), they get the tax breaks to move a business, etc.

But is this the kind of country we want to live in? A country in which great wealth can be accumulated (most think that is kind of cool) but those with great wealth can then take over the gears of government and shift them any way they want to? A country in which it is looking more and more like a plutocracy, one in which the great masses of people grind away, working to make their masters even richer, while experiencing an ever declining standard of living? Over half of the jobs in the USA are now poorly paying “service” jobs. Is this what you saw in your future? The life expectancy of Americans is dropping! Is this the “things keep getting better” America you expected or expected to leave your children?

If Jeff Bezos wanted to spend down his fortune in just one year, he would have to spend $162,000,000 per hour of every working day in that year. No one person has needs that require the accumulation of such a fortune.

The fatal flaw of capitalism is that it places no limits upon greed.

Will this also be the fatal flaw of the US? That we failed to put limits upon greed and so passed control of the country to a tiny minority of wealthy citizens, who ran it into the ground . . . for a profit?

November 19, 2020

Think About It

Filed under: Culture,Politics — Steve Ruis @ 8:41 am
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As reported on the Nautilus website Aleksandra Cichocka, a political psychologist at the University of Kent, wrote recently in Nature. “Conspiracy beliefs have also been linked to feelings of powerlessness, anxiety, isolation and alienation. Those who feel that they are insignificant cogs in the political machinery tend to assume that there are nefarious influences at play.”

Gosh, do you see conspiracy beliefs around? If not, you haven’t had your eyes open. So, since these stem from the sources indicated, doesn’t that indicate that we are actually suffering from significant feelings of “powerlessness, anxiety, isolation and alienation?”

The grinding of the middle class and the poor under the heels of both parties at the behest of the plutocrats of this country as produced a high degree of such feelings, and they aren’t just resident in “those others” over there, they are in all of us.

If something isn’t done to improve the lot of the poor and the middle classes, and soon, expect our governmental institutions to continue to crumble at a rapid clip. The American experiment in self-government will be over. Long live the clueless.

October 16, 2020

They Will Have to Pry the Money Out of My Cold, Dead Hands

Filed under: Economics,History,Politics,Uncategorized — Steve Ruis @ 1:01 pm
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You may remember when Charlton Heston was president of the National Rifle Association (NRA). He is famous for delivering, quite theatrically, the old saw “They will have to pry my gun out of my cold, dead hands.” Basically he was stating that he would defend, even violently, his right to “bear arms.” But physical violence is on the decline and now it has been replaced by economic violence. The rich have acquired more wealth (as a percentage) than they possessed in the previous greatest episodes of U.S. history. The Robber Barons had less, the Gilded Age tycoons had less.

A major book by Walter Scheidel, The Great Leveler, claims that there are but four causes of reversals of this trend: mass-mobilization warfare, transformative revolutions, state collapse, and catastrophic plagues. These are the only thing that have reversed the “normal” trend of wealth accumulation by the wealthy, by the simple expedient of repeatedly destroyed the fortunes of the rich and, well, the rich themselves.

The 20th century, with two World Wars, the Great Depression, and the immense communist revolution created the greatest redistribution of wealth (and power) ever seen. Unfortunately, all of the wealth redistribution that occurred after WW2 has been reversed at this point and the “normal” state of the rich getting richer and the poor getting poorer has been reinstated.

What is at work here is greed, pure and simple.

Before you start to believe that there is some “invisible hand” at work here, there is not. What is at work here is greed, pure and simple. The dynamics at play here are these: the rich are few and the rest of us are many. This gives the rich a large advantage in organization. The power of the rich’s money is leveraged by buying politicians. I am sure that you have seen the studies that show that the rich get the attention of politicians to a very large degree, despite they being few and the poor get zero attention from politicians despite they being many. Apparently votes do not matter and money does. This is because money buys votes and the system is biased toward the elites. The two party, winner take all, system requires that the rich only need to influence, aka bribe, the two leading candidates for any office. Both current candidates for President, for example, are both acceptable to the rich as they have been vetted and supplied with suitable leashes. (Those of you who think that Mr. Trump’s wealth insulates him from their greed need to examine his tax returns. Mr. Trump only appears to be wealthy. There are lots of people, as Chris Rock says, who are rich, but few who are wealthy. Basically, star athletes and star performers, are rich . . . the people who sign their paychecks are wealthy.

The only way to solve this problem is for the many to tax the few: that is tax the rich so that they do not accumulate distorting amounts of wealth. The problem, of course, is this is a political solution, and they are few and we are many. Of the four actual forces that affect the wealthy the only that is even mildly attractive is “transformative revolutions.” Maybe we can learn from South Africa and do this bloodlessly, with a “forgive them they know not what they have done” attitude. But I suspect they know full well what they are doing, certainly the Koch Brothers did, so this will be a hard sell at best. Maybe lynching the uber-wealthy is the way to go, but that isn’t exactly non-violent.

September 15, 2020

They Say They Are Against Wealth Redistribution

Filed under: Economics,Politics — Steve Ruis @ 8:40 am
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The Fat Cats of America say they are against income redistribution and wealth redistribution but once again, it is only one particular type of that: they are arguing against taxing wealthy people to provide of the rest of us (social safety net, universal health care, etc.). They are not opposed to wealth redistribution when they are doing it, however.

As I have mentioned over and over that the very wealthy in this country have been gaming the system for the past roughly 50 years to redistribute wealth out of your pocket (the many) into theirs (the few). This has been now documented in a new economic study and according to Time magazine (link) the amount of wealth transferred is staggering. Here is an excerpt of that article. (Note that they are talking trillions of dollars, not just billions . . . thousands of billions!)

“This is not some back-of-the-napkin approximation. According to a groundbreaking new working paper by Carter C. Price and Kathryn Edwards of the RAND Corporation, had the more equitable income distributions of the three decades following World War II (1945 through 1974) merely held steady, the aggregate annual income of Americans earning below the 90th percentile would have been $2.5 trillion higher in the year 2018 alone. That is an amount equal to nearly 12 percent of GDP—enough to more than double median income—enough to pay every single working American in the bottom nine deciles an additional $1,144 a month. Every month. Every single year.

“Price and Edwards calculate that the cumulative tab for our four-decade-long experiment in radical inequality had grown to over $47 trillion from 1975 through 2018. At a recent pace of about $2.5 trillion a year, that number we estimate crossed the $50 trillion mark by early 2020. That’s $50 trillion that would have gone into the paychecks of working Americans had inequality held constant—$50 trillion that would have built a far larger and more prosperous economy—$50 trillion that would have enabled the vast majority of Americans to enter this pandemic far more healthy, resilient, and financially secure.”

They have stolen enough money that had it flowed instead to the rest of us, it would have been “enough to more than double median income—enough to pay every single working American in the bottom nine deciles an additional $1,144 a month. Every month. Every single year.” That’s the bottom 90% of U.S. society were talking about, including you and me.

These are the same people who are against regulation of the markets . . . unless they are doing the manipulating themselves. Against all kinds of other things . . . for other people, but okay for themselves.

Wake up people, your house is being robbed . . . right now. Wake up and stop the robbery. They are stealing your retirement. They are stealing your kid’s futures. It doesn’t have to be this way.

The Time article’s bottom line? “We chose to cut taxes on billionaires and to deregulate the financial industry. We chose to allow CEOs to manipulate share prices through stock buybacks, and to lavishly reward themselves with the proceeds. We chose to permit giant corporations, through mergers and acquisitions, to accumulate the vast monopoly power necessary to dictate both prices charged and wages paid. We chose to erode the minimum wage and the overtime threshold and the bargaining power of labor. For four decades, we chose to elect political leaders who put the material interests of the rich and powerful above those of the American people.”

Actually the governmental representatives they bought did this all for them. We didn’t choose those things. We are only allowed to chose candidates that they have already bought. They did this, the filthy rich did this.

September 9, 2020

Trickle Down Economics . . . and What to Do About It

I begin with an interesting quote:

Williams Jennings Bryan said: “There are two ideas of government. There are those who believe that if you just legislate to make the well-to-do prosperous, that their prosperity will leak through on those below. The Democratic idea has been that if you legislate to make the masses prosperous their prosperity will find its way up and through every class that rests upon it.”

He said this in 1896. Eighteen effing ninety-six!

Trickle down economics was not a new invention during the Reagan presidency, it is the tried and true instrument of the rich to retain and expand their wealth and also, they believe, their status in society.

We are in yet another Gilded Age of wealth accumulation. The filthy rich have bought the courts, the governments, and the news media and now those instruments of our society only bleat what they are told to bleat. And what they bleat is support for the position of the plutocrats, the wealthy elites.

Those elites have sold the idea that how much wealth you have is a measure of your social status, your worth as a person, so much so that religions have cropped up to support just that, e.g. featuring prosperity gospel preachers of the like of Joel Osteen and the perfectly named Creflo Dollar.

If we are to ever have a chance at real democracy, on in which “you legislate to make the masses prosperous their prosperity will find its way up and through every class that rests upon it,” then we need to take action. One thing under our control is to socially ostracize the very wealthy.

Is there any good reason that Jeff Bezos should have $200+ billion dollars of wealth? Could that degree of wealth be accumulated without the rules being bent to allow it? Think about this. If Mr. Bezos were to give you one billion dollars . . . if . . . if you could spend it in one calendar year, do you think you could do it? To do this, you would have to spend an average amount per hour of every eight-hour day, five days a week, fifty weeks in that year. (You’d get two weeks vacation, after all what good is being rich if you don’t get to enjoy it?) Do you know what that amount would be? It is $532,000 per hour! Think about how hard you’d have to work to spend just $532,000! Sure, you could go out and buy a house. So, now you have a house and you need to spend 532,000 more dollars in the next hour, and the next, and the next.

And Mr. Bezos has accumulated over two hundred billion dollars for himself.

Do you think Mr. Bezos thinks this is enough, that from now on he will take whatever he earns and share it with all of the Amazon workers who work so hard under trying conditions? Gratitude is important, right? Plus Mr. Bezos could spend $532,000 per hour of every working day for the next 200 years and not spend all of his accumulated wealth . . . not making one more penny.

Do you think he thinks enough is enough? No?

I do not, either.

Start the shame campaign. Impugn the patriotism of the uber-rich. Impugn their commitment to democracy. Shame them for their Greed. Unleash the Lash of the Mortal Sin of Greed upon their backsides.

Being wealthy is fine. Being filthy rich no longer is. Stop looking up to them, admiring them. Stop thinking of the Mitt Romneys and Donald Trumps of the world as “self-made men” when their fathers gave them millions of dollars of seed money. (I worked almost forty years as a college professor and earned about two million dollars of salary. Donald Trump was given five million dollars to “get started.”)

Repeat after me: Boo! Hiss! Every time one of the uber-rich appears in public, let them know their true social status: as greedy bastards who will grind armies of ordinary people under their heels to make themselves richer than Croesus.

Need Ammunition?
So, Bill Gates is a nice guy, right? Personally I think this is correct. Professionally not so much. Consider all of the lawsuits over shady business practices that Microsoft lost. The Internet Explorer scandals. The European anti-trust prosecutions, in essence, etc.

Jeff Bezos created and owns a large part of Amazon.com and all of its spin-offs. Amazon has been running commercials lately, highlighting employees who think working for Amazon is just swell. Have you seen these?

Have you seen similar commercials for Costco? No? That’s because they don’t exist. All you need to know what working for Costco is like you can see on the badges of its workers. many say “Employee since 1997,” others show 10 and five years served. People don’t stay with an employer unless they are treated . . . and paid . . . fairly. Costco has a reputation of being a good, even a very good employer. People stay with them. (And no, they are not perfect, just good.)

Amazon runs commercials to offset the bad press they have gotten from mal-treated and disgruntled employees. You, know, for canceling the health insurance of part-time employees at the beginning of the COVID-19 pandemic, things like that. The amount of money saved doing that to be put in Jeff Bezo’s pocket wouldn’t make a rounding error in his net worth. That’s how Mr. Bezos thinks wealth is created.

Do your research. Every time you feel yourself slipping into admiration for a very wealthy plutocrat, do some research and find out how they got all of that money. If they appear on a radio show, call in and tell them what you really think. If they appear on a TV show, change channels, so their ratings will go down. If a local news program shows a gushing puff piece for one of these bastards, call in and give them a piece of your mind.

I hope that booking an uber-rich asshole in the future will be about as popular as booking an avowed racist is now. Make ‘em bleed.

August 4, 2020

A Pandemic Rude Awakening?

The GOP and to some extent the Democrats have been suppressing wages of working people for decades now. Worshiping at the altar of profits, the route to greater and greater profits has been to lower taxes on businesses (in essence transferring them onto individuals) and reducing the cost of production, which is dominated by wages paid to workers. So, wage suppression has become a fine art in corporate circles.

A consequence of this approach is that people, aka “consumers,” have less and less disposable income to buy the output of American businesses. American companies have taken the strategy to the max. Many jobs that could be kept here have been exported to “low wage” countries, which now turn out to be not so low wage because the wages in those countries have been rising (It’s the demand, idiot!) and transportation costs, obviously, went up a great deal, management, too.

The Pandemic Recession, looking to morphing into the Pandemic Depression, is showing the short-sidedness of the short-term pursuit of profits, profits, profits. Here is an excerpt from a Naked Capitalism post on small businesses:

“It’s depressing, but not exactly surprising, to see a major New York Times story about one-third of the small businesses in the city have died or expected to shutter. Needless to say, it’s not just restaurants.” How’s Your Economy, Small Businesses Death Watch Edition

Small businesses in NY City, it is reported, constitute 98% of the employers and account for 3 million jobs in the city. The businesses close, the employees are without jobs, and while jobless, they will be having trouble paying their bills. This will crater other small businesses and away we go . . . spiraling down the economic toilet.

So, I am told (by Dwight Eisenhower, no less) that one shouldn’t criticize unless one has a better alternative. (It is far too easy to tear something down and much harder to build something up. Take that you “creative destruction” purveyors.) So, what is the alternative? Easy peasy. Be patriotic. Keep jobs here, pay higher wages, make less profits.

What was that? I just saw a Republican running past me with his hair on fire, sputtering “Higher wages . . . less profits . . . Arggghhh!” Please do realize that many believe that in our “pay as you go culture,” a business must make a profit to continue to exist. But even this dictum is soft. I had a fellow professor leave teaching to set up his own business. His first major mistake was he didn’t pay himself enough. At the end of his first year, he had profits, which he paid business taxes on, which he then paid to himself, which he then paid income taxes on and thus got double taxed on what he had made. He learned to pay himself everything that might be considered to be a business profit, and paid income taxes on those sums but no business taxes. His business happily perked along make no profits to speak of . . . but I digress.

The titans of commerce have taken the “We have to make a profit,” an acceptable dictum, to “we have to maximize our profits over every other consideration we can conceive of.” This is dubious at best. There is no limit to how much profit can be extracted from a business (as a percentage, not in absolute terms) consequently using “we have to maximize profits” as a motivation is an incentive without any boundaries whatsoever. This is a fatal flaw of capitalism: there is no limitation on greed.

What if corporations considered one of their “products” to be “reliably good jobs for people in our community,” or “creating healthy lives for our employees,” or even “creating happiness for our employees.” Don’t laugh, all of these have been stated by corporations as goals in the past (or their equivalents).

No one begrudges companies or corporations reasonable profits. Everyone should begrudge corporations who make obscene profits by grinding their employees under their heels to make them.

May 26, 2020

Who Suffers?

We all tend to think of what is normal for us economically is the way it has always been, but today the economic deck is stacked, possibly more so than in any previous time. And it is not stacked in your favor. It is stacked in favor of those who lend capital.

For someone to lend you money, there has to be an almost iron clad guarantee that the lender will be paid back. You almost always have to put up collateral for your loan. Fail to pay the loan back and the lender takes the collateral. So, if you buy a house, the house becomes the collateral. If you fail to pay the mortgage payment for a few months and Wham! The lender forecloses on the loan and repossesses the collateral, aka your house. All of the payments you made now count as nothing. It does not have to be this way. The “collateral” could be held by a court and put up for sale and the proceeds of the sale be split  between the two actors: the lender and buyer with the split determined by how much money had been put up so far.

But that is not the way it is. In our culture, the lender has all of the cards with almost no risk.

Consider the “Great Recession” ca. 2008. The housing market collapsed due to bad behavior on the part of realtors and lenders and suddenly mortgages that could not be paid resulted in repossessions of collateral worth far, far less that the amounts owed. So lenders bore some risk, then . . . except they used a powerful Washington, D.C. lobby to get bailed out so that they did not lose any money (or at least not so much). Were the people buying the homes also bailed out? Silly person, of course, they were not.

Lenders are so used to not having any risk associated with lending that corporations are currently awash in bad debt. They know they are okay because if anything goes wrong their “friends” in Congress and the White House, Democrat or Republican, will bail them out again. This is why economists invented the term “moral hazard,” but they do not apply it to those who line their pockets.

I have been slowly working my way through Michael Hudson’s book on how debt was handled in days long gone. I will give a larger book review (I have offered tidbits before) when I finish it.

To hold you over, here are some tidbits of Michael Hudson’s research and thinking:

“The pedigree for “act-of-God” rules specifying what obligations need not be paid when serious disruptions occur goes back to the laws of Hammurabi c. 1750 BC. Their aim was to restore economic normalcy after major disruptions. §48 of Hammurabi’s laws proclaim a debt and tax amnesty for cultivators if Adad the Storm God has flooded their fields, or if their crops fail as a result of pests or drought. Crops owed as rent or fiscal payments were freed from having to be paid. So were consumer debts run up during the crop year, including tabs at the local ale house and advances or loans from individual creditors. The ale woman likewise was freed from having to pay for the ale she had received from palace or temples for sale during the crop year.

“Whoever leased an animal that died by an act of God was freed from liability to its owner (§266). A typical such amnesty occurred if the lamb, ox or ass was eaten by a lion, or if an epidemic broke out. Likewise, traveling merchants who were robbed while on commercial business were cleared of liability if they swore an oath that they were not responsible for the loss (§103).

“It was realized that hardship was so inevitable that debts tended to accrue even under normal conditions. Every ruler of Hammurabi’s dynasty proclaimed a Clean Slate cancelling personal agrarian debts (but not normal commercial business loans) upon taking the throne, and when military or other disruptions occurred during their reign. Hammurabi did this on four occasions.

“In an epoch when labor was the scarcest resource, a precondition for survival was to prevent rising indebtedness from enabling creditors to use debt leverage to obtain the labor of debtors and appropriate their land. Early communities could not afford to let bondage become chronic, or creditors to become a wealthy class rivaling the power of palace rulers and seeking gains by impoverishing their debtors.

“Yet that is precisely what is occurring as today’s economy polarizes between creditors and debtors.”

I think you will find that some of this applies to our current situation, no?

March 31, 2020

The Class War is Over

The Class War is over. What we have left are crumbs tossed our way in a system ruled by savage class-rule capitalism.

Let me ask you this—here is a passage from the gospel we call “Luke” (in Chapter 4):”

And he came to Nazareth, where he had been brought up: and he entered, as his custom was, into the synagogue on the sabbath day, and stood up to read. And there was delivered unto him the book of the prophet Isaiah. And he opened the book, and found the place where it was written, The Spirit of the Lord is upon me, Because he anointed me to preach good tidings to the poor: He hath sent me to proclaim release to the captives, And recovering of sight to the blind, To set at liberty them that are bruised, to proclaim the acceptable Year of the Lord. And he closed the book, and gave it back to the attendant, and sat down: and the eyes of all in the synagogue were fastened on him. And he began to say unto them, Today hath this scripture been fulfilled in your ears.

Do, you know what the Year of the Lord refers to? Isn’t every year a Year of the Lord? (As a child I saw many, many documents dated as such and such a date “in the year of our Lord XXXX.”)

Do, you know what this was?

It was what is often referred to now as a Jubilee year and Jesus just proclaimed this to be one (along with all of the other succor) promised but Jubilee years were usually only proclaimed by kings, often at the beginning of their reign. In the story, this proclamation supports the argument that Jesus thought of himself as a king, which the Romans preferred to exterminate, rather than work with.

In a Jubilee year, all public debts were canceled. This practice came about, not through any largess by the elites but for a practical reason. If private debt was allowed to continue without limit, compound interest, even ordinary interest would result in many people defaulting on their debts. If that debt were held by a private person, the person defaulting was obligated to pay of the debt with their land, and then their labor. well, and the labor of their wives in the bedroom of the debt holder, you know what I mean. But people in debt bondage didn’t pay taxes and they were available to be drafted for public works projects. The elites recognized that the primary debt holder almost everywhere in the region was the central government and the debt was because of unpaid taxes. A crop failure meant someone couldn’t simultaneously feed their family and pay their taxes, so. . . .

So, rulers would start their rule with a debt jubilee, thus making themselves popular and making their economy viable. It was not unusual to need one of these every so often. The Bible even speaks to debt forgiveness.

Now the Pharisees tended to be from the more prosperous segments of Hebrew society, so if Jesus had his way and a debt jubilee were proclaimed, how do you think they would respond? Hmm?

My main point is what Albert Einstein referred to when he was asked what the most powerful force in the universe was and he answered “compound interest.” Our system, however is no longer an autocracy, but an oligarchy. the debt holders are running the country. Do you think for one minute they would sit still for any kind of debt jubilee, even if just for college education debts? Do, you know understand why Bernie Sanders presidential campaign was deep-sixed by the powers that be in favor of a barely comprehendable Joe Biden? (If they would take it from Jesus, Bernie had no chance.)

These idiot oligarchs are acting out the parable of the Goose that Laid the Golden Egg and are smiling through the entire thing, reflecting on their own cleverness.

 

March 6, 2020

False Dichotomies

The corporate news world has a secret weapon . . . that being fairness. Even Fox (sic) News labeled itself as being “Fair and Balanced” for many years (but have stopped using that tag line, which means . . .).

Here is how it goes: a “news” program brings on a guest who decries man-made climate change. Then out of “fairness,” they bring out a guest who thinks man-made climate change is hooey. That’s fair, right? Both sides of the “debate” get their argument heard.

But if one were to have scientists as guests in this scenario, roughly 97% of climate scientists, the ones who have actually studied the scientific problem, have one view (It’s real, bitches.) and only 3% think that it is not man-made or not primarily man-made. To be “fair” you would put 97 white balls in a fish bowl and three black balls and pull one ball at random each time you had a climate change scientist as a guest. If you got a white ball, you selected a scientist of the 97% cohort and if a black ball a scientist of the 3% cohort.

If one were to use the global population as a guide, roughly (Pew polling numbers) 68% believe climate change is a major threat, 20% believe it is a minor threat, and 9% believe it is not a threat.

But this is not enough of an advantage to the advocates for the status quo, that is the people who are making money hand over fist doing business the way things are now. So, the dichotomy became a dichotomy of view points. Guest A representing one view, and Guest B representing the opposite view, no matter whether those views are representative of the population of experts.

But, wait, there is more!

Often the view favored by the plutocrats is presented by a doctor of something or other: medical doctors, dentists, engineers, etc. Medical doctors are preferred because they are given the honorific title of “Doctor” even though their doctorate is not at all germane to the discussion under way. Consider as an example Doctor Ben Carson. But the use of the title “doctor” lends credence to the position of the person speaking, even though it is not applicable. Professors are called “Professor” even when what they profess isn’t the subject at hand.

This is yet another reason why I do not watch televised/computerized news programs. Their objective isn’t getting at the truth of a matter, their object is . . . just what is their objective, do you think?

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