House of (Discrepancy) Cards

What do you do, dear worst-reader, when the only choice you have is to not sneeze in a house of cards where the air is filled with feathers and pepper dust? Yeah, baby. With that in mind, let’s worst-write today–after such a long hiatus of nothingnesss–about discrepancy and derivative trading. What is discrepancy? How ’bout this: An illogical or surprising lack of compatibility or similarity between two or more facts. What is derivative trading? For that I’ll just point you here. Ok. But all rational thought aside. Elizabeth Warren is a maverick–as opposed to false mavericks from places that can see Russia from backyards. And I admire her efforts in trying to do something about the run-amok banking system in my grand united mistakes of #americant. But there is a discrepancy that I must make note of regarding her efforts. While her intentions should/could be considered noble when it comes to reigning-in-the-banks and their abuses, for sometime now I’ve been advocating almost the polar opposite. That is, as she blames the banks for #americant ills, I blame Das Volk. And not just any Das Volk. We’re worst-talking about Das Volk that have practically perfected the false living standard of consuming-to-survive and doing so purely on credit and debt. Consume-to-survive has permeated every aspect of #americant life in the past 30(+) years–this, btw, is the sole difference to previous generations. Credit, debt and consumption has provided Das Volk everything it has today, i.e. living in a house of cards. Indeed. Das Volk have lapped it up since Reaganomics and the demonization of The Left. So here’s the turd for your blossom. In a way, or at least in a way that I worst-understand the financial trickery stemming out of Wall Street, Das Volk should be thankful that there are so many–dare I say–masterminds in lower Manhattan who are able to cope, albeit through trickery and deviousness, with the financial mess of consuming-to-survive that coincides with living beyond means. That said, dear worst-reader, I’m not against what Warren is doing. I’m just entertained–as you should be–by the frivolity of it all. For the only way to derive some kind of lifeline out of the death-debt that #americant has gotten itself into, is to NOT hinder derivative trading. Only in derivatives can the truth be hidden and thereby protect Das Volk from reality. And #americant loves that sort of thing. You know. Avoiding reality. So I guess the question is NOT about how much banks will earn through this type of trading but how long will they be able to continue this regressive depression that is really the only way of holding up a house of cards. Or something like that. Rant on. -tgs-

Stop the Republicans’ Wall Street giveaway | Elizabeth Warren for Senate

Interview With The Maverick |Rachel Maddow MSNBC