Better Truth: Half US Unemployed

may 2020 alternate umemployment stats

Having given up on being employed as far back as 2001 gives worst-writer a different perspective on unemployment stats– from 2020 (or so). Indeed, dear worst-reader. As you struggle through the $hitshow that you call a career, heed this: your days aren’t just numbered, they ran out a long time ago–and you’re riding on borrowed time. And so. Hearing/Reading about unemployment in my beloved & missed united mistakes of #Americant is nothing but more cause for my worst-laughter. Giggle. Giggle. I mean. Considering the state of things and who owns it, #OKBoomer has to be in pretty bad shape right about now. Not only are boomers facing the ramifications of never questioning globalisation, which is both climate-change and covid-19, but there’s the reality that a huge chunk of them won’t have a retirement and their kids will be even worse-off–on account no one has the balls (except me, of course) to counter emotion driven politics manifest in right-wing conservatism. That worst-said, I’ve never believed the stats provided by either government or (most) journalists regarding unemployment. Reason? Again. As a fully capable, fully functioning human being, I have not been able to land a decent job since 2001. I have literally been in a forced state of early retirement since my mid to late forties. I’ll be sixty soon. Although early on it was quite a struggle to deal with the cards dealt (me), I eventually figured out how to deal with it. (And I’m more than good these days!) Never mind that I stopped looking for work in 2002, don’t you know. By the time I made it to 2001, including twelve years of various jobs at various consultancies and corporations as a business researcher and sometimes tech project manager, I knew that the $hitshow had run out on not just me but everyone. Also. I was not going to compete with third-world labour markets. How’s it been working out for you? And so. Call me sensitive to whims and nuances of life, liberty and FREEDOM TO BE STUPID. Will you join me in advocating that everyone quit everything they’re doing–right now? No? Oh wait. You actually don’t have a choice anymore, do you? Indeed, dear worst-reader. Quitting everything should not only include careers but also relationships and family. Or will you hang on to your boomer parents until covid-19 gets em–out of your way? Remember: your inheritance will go the same way as your career. I mean. What’s the fcuking point of working your arse off your whole life so that the people that caused it can die comfortably as their covid-19 lungs bleed-out–and you’re faced with the aftermath? Or maybe not. I mean. I found the comfort of my death way back in 2001. OK. Maybe 2002 or 03.

Good luck suckers.

Rant on.

-T

Links:

Too Late

When you’ve failed-upward this long and this far… it’s too late to face the/any truth–and thereby hope you can turn things around–as in turn things toward a better outcome. Blah. Blah. Blah. Or… That’s what’s missing from the recent and brilliant realisation from a billionaire claiming to have the answer(s) for all the fail-upwardness of the world (right now). Indeed. Check out the article and vid below, dear worst-reader. The second link below contains progressive commentary that might also be worth hearing. But don’t let it cloud your (mis)judgement.

A billionaire investor–that may or may not be on the correct side of the financialisation $hitshow most of us are forced to live in–said recently on a cable newz show (i.e. The Media) that it’s ok for Airlines to fail (i.e. go bankrupt) because by doing so they are then renewed by those who are more responsible. Or something like that. Not only is the video making the rounds on the Interwebnets because its tone is not quit radical right-wing and/or bat$hit business crazy, some are claiming it’s a meek-shall-inherit-the-earth-moment. As though us meek don’t have enough to worry about in these virus-zombie days, eh dear worst-reader? I mean. It’s nothing new for generation after generation to heed the call of (their) upbringing which ends up being nothing but a repeat and/or regurgitation of the past, i.e., fail upward #Americant. Hence, there can be no claim that capitalism, at its core, has anything to do with creativity–but it may have a bit more in common with the amateurism of hobbies. By-the-buy. Creativity is but a means to a financial end for Capitalists. You know. As in. Teeth ain’t for eating but instead for selling toothpaste. Anywho.

For the answer to everything is most certainly  investing, ain’t that right, dear worst-reader? Ain’t that the only way to do things if all that’s left in the $hitshow is financialisation? And that, in essence, is all the talking heads are talking about. Or? At least that’s all they’re talking about in this/that part of The Media, i.e. the business media. On the other worst-hand, and as usual, what is being said is nothing new. It’s just wrapped in a different cloak/coat. Didn’t Mitt Romney say the same thing in 2008? You know, about bailing out the entire $hitshow as it was failing then? Ok. Ok. The guy in the video I’m including here is a bit different than Mitt. At the least, this new guy ain’t a bat$hit republican religious nut job. Or is he? #Nomatter.

The thing to remember about financialisation people is this. Mitt Romney wouldn’t be a billionaire today if it weren’t for the generation after generation of hand-me-down smart-assery of fail-upward parentage. So let’s be clear in all our unclarity. Mitt wanted GM to go bankrupt in 2008 so that he could continue his vulture capitalism ways (of the 1980s and early 90s) and thereby sell-off the #Americant companies in order to circumvent labour. That’s how he became a billionaire without actually EVER creating anything. This new financialisation guy, on the other hand, is a kind of anti-Mitt. He thinks that letting corporations fail means that new corporatists can join the bandwagon of the $hitshow and improve on previous failures. Even though this situation can be painted by either side of the political spectrum, I’m not sure which one is worst. The only thing that is clear to me is that one has fewer sharper teeth than the other and perhaps doesn’t know how best to sell toothpaste to the teethless.

But what the hell do I know.

Rant on.

-T

Links:
https://www.dailykos.com/stories/2020/4/10/1936168/-CEO-shocks-business-news-host-says-billionaires-and-bad-companies-deserve-to-get-wiped-out
Video with progressive commentary

Still Not Enough (Knowledge) To Go Round

Earned vs. un-earned income? Ain’t that the ticket this dreary Monday, dear worst-reader? Either that or it might be finally time to hand in the towel–as opposed to throw in the towel. Wait. Maybe we (you know, rational thinking humanoids) have already been handed the towel. Or has the towel been taking away? Enough about towels.

Search the following in that silly video-tube site:

davos 2019 MIT professor taxes*

If you’re as lucky as I was, your search will yield a video that is shocking. But is it shocking for all the wrong/worst reasons? In the video a somewhat motivated Washington Post business and/or economics reporter asks a question regarding the current discussion in the united mistakes of #Americant about marginal tax rates being hiked in order to mend the ills of capitalism run amok. This marginal tax hike, by-the-buy, has been brought into the main stream media by a newly elected politician known as AOC. Since such a political and economic idear totally confuses most of what my beloved & missed #Americants can fathom, on account it’s about making un-earning rich people pay a bit more so as to not force so many stupid-people to be, well, you guessed it, (politically) stupider than rocks substituted for ice in a whiskey glass.

Although most will think that the billionaire who the young WP reporter poses her question to is the worst part of the video–for his response is truly appalling considering the state of capitalism today–he’s actually not the worst. The most shocking thing is the young woman posing the question. Then again, if she works for WP and went to #Americant college to get the/her job, then it’s no wonder that she poses questions as though she got it from the cover an über-sugared cereal box. These are the future, dear worst-reader. These young people are as stupid as the previous generation that failed to close the flood-gates of stupid that gives way to the like billionaires that think they would be the ones–and only they–to do what they wish/will with all the money in the world that is now becoming, surely, un-earned but well kept.

Rant on.

-T

Links the motivated this post:

*I’m trying to avoid posting links and/or embedding videos in my posts.

The Many More Layers Of Bad That Can Still Be Peeled Away

The ghosts of all the LOL I expelled from my person that night as I counted the electoral college numbers Election Day November 2016, surround me still. For don’t you know, dear worst-reader, my giggles are not out of spite but instead out of tear-jerk-laughter. Oh yes my fellow and bereaved #Americant brethren. You are truly a nation-state of Stupid. But then again, what else could you do? I mean, so few of you could have joined me as I jumped ship so long ago (1989). As you thought you were basking in the glory of pre-#MAGA, I watched the #Americant ship sail on in the grimy waters of the greed $hitshow whose wake is still fuming. With that in mind, should I have empathy for those who have chosen to live pay-check to pay-check and are just now figuring out how their politics have made it so? Fcuk no! I’m also just now LOLing as I once did as I became man-over-board. Indeed. It is more silent, more subdued, less howling. But LOLing it is all the same. And get this. What I figured out that night when #Trumpism was elected by the many of #Americant, was not the disgust that he represents. No. What I have long since figured out is the simple fact that he is a facade. He is a coat worn. He is a shape-shifter of misery with an ugly smile and even uglier hair. And that’s not all. While the dunces dance and giggle around their debt and inability to pay for it, the real owners are basking in the glory of having duped EVERYONE–with their #Trump. President Stupid is just the curtain, don’t you know. You’ve yet to be shown the real show. But it’s coming. It coming as you struggle now to cause others that are only slightly more fortunate than you to have to dig deep into their coffers to prevent you from gathering a pitcfork–not to fight The Man but to continue the fight with your neighbours. You know… brother can you spare a dime? And if you can’t, why is it you have so much more than me but we all work/live/shame in the same nothingness? Since the powers-that-be, the owners, have tapped out everything else and gotten away with it toot-sweet over the last forty or fifty years, they’re now tap-tapping into what’s left. Which means, those living pay-check to pay-check will probably have to tap into their parents savings. You know, the parents (boomer generation?) that took everything and in their mean-time created faux-newz and Limbaugh. Yeah. So be mad at your #Trump and his disgusting hair and his mushroom cock as you hit the new & improved soup kitchens. You deserve him and have earned him and now it’s time to do to your parents what they’ve done to you. Indeed. There’s still one generation liquid with cash that can be milked. And milked it will be! All that’s needed is to just make kids suffer a bit more.

Rant on.

-T

via Shutdown Exposes How Many Americans Live Paycheck to Paycheck

Correspondance: Money Laundering

Re: Canada Real Estate China

Dear Old Friend,

FYI, I can’t access the article you sent because 1) I use adblockers at the client level and 2) I use adblockers at the DNS level  (pi-hole.net). But I was able to read the title of the article and the first few lines—which is all one needs when one reads fake news, right? And so…

Ah. Money launder(ing). Yes. Let’s go there, shall we. It’s been so long since we’ve toyed with your favourite Trump et al. 

Fortunately (or not) Marx indirectly addressed the issue of money laundering almost two hundred years ago. He wrote chapter after chapter analysing criminal activity that is the ultimate outcome for non-capitalists thinking they are capitalists. On a side note: perhaps that’s where Mark Twain got his infamous quote: “Americans all think they are just millionaires down on their luck.” Anywho. The amount of money laundering (criminal activity) that has taken place in our lifetime correlates perfectly to Marx’s theory. In short, Capitalism, once its reached its fail-upward nadir but is still emboldened by BELIEVERS (#Americants), it gladly and willingly enables those BELIEVERS with FEELINGS that they’ve actually accomplished something. As this process (these FEELINGS) self-perpetuate through generations—the proverbial scrapping what one can from the system is all that’s left. Hence money laundering. Marx knew, as Capitalism inevitably milks the cow to the hilt and there’s no productivity left, and there’s also no capability to work (as in PRODUCE) a way out of any of the extreme oscillations (of Capitalism), that Capitalists will then seek to marginalise those who actually think they do or have done something (with their measly lives). Oh well it works, eh. The reality is, though, most have done nothing because, well, …fiat money/value based on interest rates from non-productive activity e.g. real-estate, truly is the end of the line. 

Ain’t it obvious why so many love Trump?

-T


Hey Tom,

Why not get your head unstuck from that treadmill of idiocy you are so fascinated with and check this out.  Fun stuff to read / see.  Learn how to launder billions under the communist government in china and the laissez faire capitalist of the west.

Your Old Friend

Subject: Canada real estate China

https://globalnews.ca/video/rd/1379880003602/?jwsource=em

Sent from my Samsung Galaxy smartphone.

Pseudo Review – 2: How Deep Do The Unpeeled Layers Of Your Rotten Onion Go?

democracy in chains cover

Subtitle: “Democracy In Chains” By Nancy MacLean Goes Seriously Deep Into What Makes #Americant Stupider Not Greater.

She took me deeper, dear worst-reader. This historian, this professor-type person that writes books–and she can take you deep, too. That is, if you’re at all inclined to go deep. Especially the kind of deep that involves figuring out what made The Land of Free To Be Stupid. I mean, ain’t that where we’re at right now? Especially considering that such a claim is straight out of the worst-mouth of an expat–who jumped ship over twenty years ago on account he saw all this stupid coming? Then again, with the political situation in my beloved & missed #Americant–that I probably follow waaaaaay to much–I’d say we’re long past the old saying: going off the deep end. Yeah, we’re actually right there measuring how deep that deep-end goes as we fail-upwards and the ground can be seen below… I mean above. How’s the view for you?

I finished “Democracy in Chains” by Nancy MacLean the other day in the late morning. I’ve been telling myself that I need to let the book rest–as in, rest in my mind–a bit, especially considering I wrote this worst-post about it only two days ago. The thing is, two days ago, I couldn’t stop my typing fingers even though I was only half-way through the book. That’s what happens when you find a book that gets to your innards, eh, dear worst-reader? Indeed.

If you are at all into trying to figure out how something can get so fcuked up, especially politically and economically, MacLean has found a way to explain it to you. Of course, I’m always looking out for a good book to read. I’m specifically looking for a book that will get under my gander by teaching me a thing or three about this fcuked up world we’re all stuck with on account a bunch of greed-mongers run it. This book comes pretty close to doing just that. For example, who the fcuk is James M. Buchanan? Not even sure if I ever heard that he won the friggin Nobel Prize for economics. But before I get too much into all that, allow me to provide an analogy or two that might help you understand worst-writer and where I’m coming from.

Analogy 1 – Peel the onion

You know that old saying, don’t you dear worst-reader? But what does peeling the onion really mean? Well, for some, it’s about work. It’s also about slow work. Some even think it’s about how to get chicks. But let’s stick with work, shall we? You peel the onion and with every layer peeled you complete something. For worst-moi, Democracy in Chains, is the result of having completed a seriously cool onion peel. Layer after layer MacLean shows how the political right-wing of #Americant–and for you both-siderists out there, this really is a right-wing only problem–has a plan to fcuk you over all in the name of, to put it simply: old-money. Let me worst-write that again. Old money is fcuking you. And that’s not the best part about this book. The best part is that MacLean seems to have made a major discovery by…

  1. Peel a completely new onion
  2. With every layer peeled, blow worst-writer’s fcuking mind that kinda knew all this already. (Or maybe not.)

And so. If you want to understand what’s wrong with #Americant and how someone like #Trump can become President Stupid, have a look at what the right-wing has been doing since… Get this. The right-wing has been fcuking you since the fcuking civil fcuking war and they’ve been doing it like leeches, roaches, cockscukers, etc. But let me move on before I blow a gasket.

Analogy 2 – Inception, the movie

It’s been a while since watching the movie, so let me summarise it like this. (Spoiler Alert!) Leonardo DeCaprio is a kind of dream thief. Through some weird chemical and technical manipulation where two people are connected, a dream-state is induced between them. While in the dream-state Leonardo becomes part of the other persons dream–but they don’t know that. They just think he’s a character in their dream. The dreamer is then manipulated by Leonardo which leads to some form of criminal activity in the real world. And here’s the kicker about how I think this has something to do with what Nancy MacLean has done. Leonardo not only can go into one dream-state but he can also go deeper into a dream-state within a dream-state. You got that? I can’t remember how many levels of dreams he ultimately penetrates but he obviously goes pretty deep into various dream-states by the end of the movie.

If I understand MacLean correctly, #Americant republicans, libertarians, Neo-liberals and conservatives, for decades, have been working deep within the layers of the #Americant onion. With the help of Leonardo DeCaprio they’ve been peeling it away from within your dreams in order to screw you and…

Ok. Maybe not. At least forget the last DeCaprio reference. Let’s move on.

Up to now I really only thought republicanism had two levels. I thought these two levels pretty much controlled the whole show. One level is a particular form of economic ideology, you know, Milton Friedman & Co. The other, of course, is religious bat$hittery. You know, James Dobson, Jerry Falwell, The 700 Club, weight-lifting, muscle-bound, gun-totting Jesus, etc. But I was wrong. Although the religious part is probably singular in its execution, there are multiple layers of economic ideology that have been stealing the show for decades. These multiple economic layers, though, are not just Keynesian or Austrian schools, among others. Instead there is something completely different going on here.

Seriously. If you thought things couldn’t get any worse because of $hitbags like Milton Friedman, think again. MacLean, in her book, reveals some pretty astonishing stuff about the players in the grand greed $hitshow–from a whole bunch of new layers (peeled away). For example. I had no idear someone other than Milton Friedman was part of what turned Chile, if not most of South America, into a bastion of old money Neo-feudal aristocracies–that right-wing extremists in #Americant adore. Another example. A rinky-dink college in the middle of Redneckville, Virginia, George Mason University, has played a huge role in some of the most dirty, rotten onion layers of republicanism. Seriously. Redneck school got one up on the infamous Chicago School (Milton Friedman)? Take that, Chicago!

If MacLean is right, the stuff she’s discovered in her research is not only scary, but people should probably start filling up their shelter-bunkers–cause it looks like the bat$hit greed-mongers have a long-term plan in place and they ain’t done yet. The upper middle-class schmucks should get on with filling their bunker’s first on account they ain’t part of the layer of republicanism that is doing all this–as they are beholden to the trickle down of the 1%. More on that in my worst-post about being ruled by the minority 30% here.) And, as I’ve worst-said before, the people that make up the #Americant political right-wing, especially the really, really rich and well-inherited dudes, if they can’t get their way with all their misconstrued economic ideology that is basically nothing but bigotry, greed and racism, they will fcuking burn the house down. And they are in pretty good position to do it, too. Speaking of…

Charles Koch

A name that has been creeping around the newz I read and listen to (podcast) for years. But to be honest, I’ve always thought he was just another lucky dude that inherited a krapp load of money from his father. According to the history of Koch Industries, since he inherited it, he’s done pretty well for himself. But has he done anything new, anything original? Of course not. Even though MacLean is very lenient about this man in her book and even praises him for having earned multiple academic credentials in whatever field of science or engineering from whatever bat$hit school, I haven’t fallen for any of that. This guy is nothing more than a second or third generation a$$hole that inherited inherited inherited–like so many others in #Americant. And because of his/her perverted, sexually repressed upbringing, mixed with Godzilla-like bigotry, he is nothing but a man who has never been able to face the fact that he’s never known an original thought. That’s how and only how his old inherited money has enabled him to “succeed”. If you can even call not having ever done anything original but instead buying other companies, bullying other business, blah, blah, blah, success. He and his ilk (very old money inheritors) hate the fact that the world is desperately trying to move on. Men like Koch would rather stop the world from turning. That, btw, is one of the main reasons why old-money is so ugly. Charles Koch, with the help of his favourite political ideology (Libertarianism)–that in its essence is nothing more than greed mongering galore–uses his wealth to manipulate politics for one thing and one thing only. For himself. The #Americant way!

James M. Buchanan

People like Charles Koch, as I said, are incapable of original thought. Therefore they need thinkers. But what do you do if the only people you can associate with (because of your innate prejudices) have even less original thinking than you? You find someone that doesn’t need original thinking. You find someone that can take unoriginal thought and dress it up in a suit and tie and a certain lapel flag-pin–and then sell it as something new. Enter a world full of pawns, academia and pawn-credentialed-academia. Seriously. I thought Milton Friedman was a jerk-off. But Nancy MacLean peeled that onion and found a jerk-off that tops Friedman.

James M. Buchanan, a man that should provide thinkers of this world enough ammunition to finally laugh-off the Nobel Prize–or at least reject it–turned out to be the perfect pawn bigoted a$$holes like Charles Koch could rely on. According to MacLean, Buchanan’s economic idears are perfect for despots of the modern age because they facilitate the writing of constitutions that almost literally put people in economic chains. Hence, the title of her book. And so, Buchanan was useful to Koch until the bitter end when eventually they had to break ranks due to, you guessed it, bigoted, rich-a$$hole infighting.

In worst-summary

Although I don’t want to spoil the book (or have I already), here’s what republicanism is up to according to Democracy in Chains: old money needs to be secured constitutionally–even more than it already is. That is, republicans–as they are guided by The Virginia School (Buchanan, Koch, etc.), the Chicago school and, of course, now #Trumpism, etc.–are in the process of making the system even more one sided and in favour of the rich and the privileged–and making all this akin to what things were like, lets say, between 1850 and 1913 (give or take a few decades). Btw, the term robber baron remind you of anything?

So there you have it. After reading this book I feel fulfilled and I’m happy–even though this book is at times utterly shocking. On the one hand, it has taught me something. On the other hand, I can go into the near future without questioning the contempt that burns inside me for everything #Americant, republican and conservative. Also, I am somewhat relieved that this book helps reassure me that the disease of both-siderism is nothing more than a layer in the right-wing onion. For real. #Americant is the way it is post 2016 presidential election because of republicans. And I think that’s cool. Reason? It makes me feel superior. It makes me feel tingly and giggly as I LMAO on this side of the Atlantic. It also reassures me that the choices I made in life, that were mostly because of the deep-seeded onion filth/rot I left so many years ago, was the right choice.

And boy do I miss America!

Good luck suckers.

-Rant on

T

Pork Bellies, Wives And The Real Fake Newz

capitalism_not_quite

Let us begin, dear worst-reader, with a worst-writer transcription from a great movie. Sometimes I get a kick out of doing this sort of thing. It has something to do with my love of typing. Here’s another one, if you dare. The reason I chose the movie Trading Places for this post, by-the-buy, is because, in these times of fake newz galore, is there really a difference between (comedic) fiction and all things fake newz? With that in mind, let’s get it on.


The worst-writer transcript below is from the movie Trading Places. For whatever worst-reason, the scene transcribed reminds me of the/a conversion between fiction (fake) and reality. Even though the dialogue reflects something that could actually happen in (real) life, the actors are able to cartoonize it not unlike what President Stupid has done with #Americant.


Disclaimer. I transcribed this by watching a clip on the #Interwebnets. I make no garantee of accuracy–especially since I’ve been drinking a bottle of Aldi Weissbegrunder  (Pinot Blanc) for most of this post creation. Indeed. Weissbegrunder and lots of ice is a great way to battle this #Eurowasteland heatwave I’ve never before experienced while living in this gold-cage life for almost a quarter century. Good luck.


Scene: Mortimer Duke, Randolph Duke and William Valentine are sitting in a luxurious, old-money, pseudo aristocratic #Americant office of a Philadelphia, PA, infamous commodities trading firm. They are all watching the commodities market on closed circuit CRT monitors.

Mortimer Duke picks up phone, connects to a commodities trader.

Mortimer: Mortimer here. Buy two-hundred pork-belly contracts at sixty-six point eight.

Valentine: You’re making a big mistake, man.

Mortimer: Valentine, something very important is going on here. Just watch.

Valentine: Alright. But you’all gonna get reemed on this one.

Randolph: Why shouldn’t we buy now, William?

Valentine: The price is going to keep going down.

Mortimer: Randolph, this isn’t Monopoly money we’re playing with.

Randolph picks up closed circuit phone and connects to commodities trader.

Randolph: This is Randolph Duke. Hold that belly order a moment.

Randolph hangs up phone and turns to Valentine.

Randolph: Tell me why you think the price of pork bellies is going down, William.

Valentine: It’s Christmas time. Everybody is uptight.

Valentine gets up out of his chair and walks around the room.

Mortimer: (to Randolph.) Could we please buy now, Randolph.

Valentine: You want to lose money, go ahead.

Randolph: What are you trying to say, William?

Valentine: Ok. Pork belly prices have been dropping all morning. Which means everybody has been sittin’ in their office waiting all morning for the prices to hit rock bottom so they can buy cheap and go long. So the people that own the pork belly contracts are goin’ batshit. They be thinking about losing all that damn money and Christmas is around the corner and I ain’t gonna be able to buy my son the G.I. Joe with the kung-fu grip. Ok. And my wife ain’t gonna want to f… And my wife ain’t gonna make love to me cause I ain’t got no money. So they sittn’ there and they panickin’ and sayin’ sell sell sell! Cause they don’t want to lose all their money, right? They out there panicking right now. I can feel it. They out there. They panickin’. Look at em.

Closed circuit CRT screens shows stats of pork-belly pricies on the commodities market incrementally falling.

Randolph: My God, Mortimer. Look at em.

Valentine: I’d wait till you get to about sixty-four, then I’d buy. You’ll have cleared out all the suckers by then.

Randolph is punching on a pocket calculator.

Randolph: (To Mortimer.) Do you realise how much money he just saved us?

Mortimer: Money isn’t everything, Randolph!

Randolph picks up closed-circuit phone and calls commodities trader.

Randolph: Advise our clients interested in bellies to buy at sixty-four. Mister Valentine has set the price.

Randolph hangs up phone and goes to Valentine and shakes his hand.

Randolph: Well done, William.

Mortimer: (Obviously frustrated. Getting up to join Randolph on way out.) Come on,

Randolph. We’re gonna be late.

Randolph and Mortimer exit and Valentines smiles–as only Eddie Murphy can!
-end-


And now on with the worst-post about #Trumpism run amok and all (the) things them #Deplorables will never know.


Why is it so hard to read certain newz stories? Can it have anything to do with the farce of #Deplorable facilitated #FakeNews? Seriously. “Fake news.” Who came up with that? Someone who’s never watched TV in the past thirty years? I mean, get a load of the article below, dear worst-reader. Can you believe that someone or some organisation in the journalist world is trying to sell anything #Trump–or #Americant for that matter–as positive–based on stats and stuff? Oh wait. We’re living in these times, eh. These times of all things fake. And so. If anybody thinks that President Stupid is gonna actually do anything positive for the world, stop thinking. (Not that you actually thought much in recent years.) It’s time for you and your cronies to pack it up, hide your junk, the only women-folk that is gonna fall for you is one that luvs to be grabbed by the…

But on a more worst-serious note: the Reuters article (link below) is really hard to swallow. (Wait. Did I actually just write that? Indeed, I did.) The hardest part about swallowing (it), though, ain’t the mess (left on your face)–but instead the unfake-newz (reality) that President Stupid is really there to wreck everything. The propaganda machine that he has behind him–thanks to Reagan, Rush and faux-newz–is doing a pretty good job of it. Does that mean that Reuters is part of it? Who knows. The unreal question is: considering the state of things, that is, how people are struggling, how the middle class has been decimated, the bar of Stupid has been lowered, this level of optimism and/or misinformation that contains no connection to that struggle, should be reason enough to grab your ankles and hope the inserter brought some lube.

If you’re in anyway invested or vested in what Reuters is reporting… Good luck suckers.

-Rant on

T

Link that motivated this post:

Does History Repeat Slowly, Panickly Or Trumply? Predicting Your Great Depression v2.0

crumpled currency

What is it that makes #Americant? I mean, what is the thing or things that enable and facilitate the race to the bottom empire that is my beloved and missed United Mistakes? Probably at the top of the list is war mongering. And not just any war mongering. The fact that perpetual war is being waged and not paid for should say everything about the dysfunction-junction that history’s greatest consume-to-survivors live (with)in. But that ain’t all.

The next thing that makes #Americant has to be the banking system. More importantly, it is a banking system that in its essence has become feudal. You know, as in neo-feudal. Or is it neo-liberal? Difference? Nomatter. Since the 1970s the reliance on credit as enabler of consumption is über-obvious. To hide this reality, though, at least two generations of #Americants have absolved themselves from resisting the grand delusion-illusion that is debt. Hence, it’s really not difficult understanding why/how words/concepts like fake-news, deep-state and Trump is President get their meaning via the mindset that says/believes them (has fallen for them).

Of course, this level of delusion-illusion has been faced before. You know, there was a time when spending candy-money had a payday. It is called The Great Depression. Obviously, worst-writer is no economist so there’s not much I can say about those times. But something has disturbed me over the past 30 or so years as I too consume-to-survive and superficially read about things that have already happened and are obviously destined to happen again, albeit with a different ugly wig atop its orange, disfigured mullet.

For example. The way money flows these days is fcuking scary. You would think, in a so-called free-market, something would be able to counter the blatant display of greed and hoarding that is taking place before (y)our very eyes. Yet there is nothing to counter what is going on. Or is there?

From a Wiki page here is a list of the causes of the The Great Depression.

  1. Debt liquidation and distress selling
  2. Contraction of the money supply as bank loans are paid off
  3. A fall in the level of asset prices
  4. A still greater fall in the net worths of business, precipitating bankruptcies
  5. A fall in profits
  6. A reduction in output, in trade and in employment
  7. Pessimism and loss of confidence
  8. Hoarding of money
  9. A fall in nominal interest rates and a rise in deflation adjusted interest rates

Now. Most of the list above says very little to me. With that in mind, it does say this: If the list is true and in anyway applicable to today, then there is one thing that connects the past to what is about to happen in the now. And so. Allow me to redo the list as only worst-writer (the über non-economist) can.

  1. Debt liquidation and distress selling – who owns all the debt and how does owner and seller of that debt mesh? (China v. #Americant; Petro-Dollar v. world, etc.)
  2. Contraction of the money supply as bank loans are paid off – consider current repeal of Dodd-Frank (see links below) and then ask: why would any valid economy need subprime mortgages in the first place? And if that is totally besides the point, why the hell, for the past few years, can I only withdraw 200,-€ in cash from an ATM?
  3. A fall in the level of asset prices – since the US economy is dependent on war-mongering and a rentier (feudal) system (based mostly real-estate manipulation), i.e. it’s manufacturing base has been decimated since the 1980s which means there’s nothing else to make money with/on, which of the two will fail first and where can the money come from to pay for the aftermath? Answer: the only people with money are the same people that caused all these economic problems in the first place!
  4. A still greater fall in the net worths of business, precipitating bankruptcies – considering how companies are valued these days, especially via a delusional if not artificially maintained stock market, this confuses the hell out of me; can you say stock-buy-back?
  5. A fall in profits – how many huuuuuge corporations in #Americant are in a perpetual state of bankruptcy in order to stay in business? Think: airlines, automobile maker bailouts, etc.
  6. A reduction in output, in trade and in employment – manufacturing base decimation, gig-economy, un and under-employment, nuff said.
  7. Pessimism and loss of confidence – #MAGA again again; election of President Stupid by an even stupider voting constituency.
  8. Hoarding of money – yeah, just try to get some cash (see #2 above); who and how is money supply manipulated?
  9. A fall in nominal interest rates and a rise in deflation adjusted interest rates – I have no idear what the fcuk this means but $hit is fcuking expensive.

As someone who may (or may not) inherit something someday, I’m often wondering about how the idear of value and how it has been slowly but surely manipulated–like everything else in our greed $hit show. I mean. Come on. Considering how this world turns, any rational person can tell you that there is basically no intrinsic value left in the system–unless you’re already rich. Reason? Everything is either outright owned, financed/indebted to the hilt, or in some kind of moneyed limbo that can only reflect a purgatory run by a Greed God–or two generations of greed-mongering middle-class morons. Or is it God of Greed? Nomatter.

With all that in mind, here’s the thing I’m really worried about and probably should be added to the/my (2nd) list above. I believe that President Stupid was elected for a reason. That reason is simple. The conservative wing of my beloved #Americant has seen the light regarding what they’ve done for the past (insert number post WW2 here) years. In fact, #Americant is so invested in the irrationality of what conservatives have done, that there literally is no turning back. That also means it’s full speed ahead in the realm of President Stupid.

What better shill could there be to cover up for what Conservatives have done than to elect the perfect numb-nut to head the $hit show as they let what they’ve done (naturally) burn down? And that’s the ticket, dear worst-reader. That’s what’s ahead right now as history repeats itself. Republicans, the arm of the old, greed-mongering white men that is #Americant, will burn the fcuking house down before they come clean regarding what they’ve done. Trump and those who voted for him are the trump-card to pull off the great burn down–i.e. The Great Depression v2.0.

Good luck suckers.

Link that motivated this post:

Rant on.

-T

Giving Marx A Try Or How I Found Solace In Failing Upwards And Enjoying Pseudo-Communist Poetry

Subtitle: The Body Of An Email Never Sent?

Exchanges with an old friend about the system we all must live in is getting brighter and brighter, dear worst-reader. Or maybe not. After attempting to part a few worst-words about Marx to my old friend who believes with all his heart that capitalism is alive and well, I started this response. My old friend seems to think that there is an underlying dynamic in capitalism I fail to grasp/understand because I never ran a business, I think economics is pseudo-science at best, and have not really participated in this system since the turn of the century. My first response is usually something like…

…I’ve never climbed Mt. Everest but I know it’s the highest mountain.

All platitudes aside.

The problem that I’m actually having with communicating with my old friend is not really about who knows this or who knows that (about whatever) but instead he has chosen a life of early retirement that is a rival to mine. I do not like rivalry. Where I married well and that enabled my early retirement, he worked his ass off as a retailer only so that he could finally sell his business and then live off of real-estate investments–indeed the modern #Americant dream. All in all, he’s an achieved fellow to my worst-writing lack of publication (other than this blog). On top of that my old friend is a hobby, armchair, maniacal economist who, like I said before, thinks the world economy is fine as long as you understand economics.

All I can say in response is: fcuk economics!

And here’s my latest response.

The only “underlying dynamics at play” is corruption and profitable manipulated ignorance on a mass scale. Corruption, cheating, status-quo and downright reactionary ignorance are truly the only things going on in our life-time. With that in mind, there doesn’t need to be a new Marx because the old one has never been tried in the first place. The reason for that is simple. If Marx’s theory would be somehow used then almost all holders of today’s wealth would have no say in the economy or politics. The reason for that wouldn’t be because the rich are evil but instead because the rich today are UN-EARNERS. Most of the richest people in the world today have their wealth because they have been able to wield a corrupt and bankrupt system that has been enabled post FDR, post 1970s. The old economy rules the $hitshow, dude. Anyone who derives so much wealth from the stock market, considering the state of the so-called economy and how labour has been transferred over the past three decades of globalisation, for example Warren Buffet, does so not because of any great productive ability but instead because he is able to play the system–which is ultimately the opposite of productive. It is a silly game considering how so many very capable people can have so little because they do not wish to play (this game). That you associate this in anyway with freedom is mind boggling to me—but understandable considering the world you grew up in or even worked in and are obviously dependent upon. By-the-buy. Communist states and dictatorships have hijacked Marx’s political theory to their own personal, group-think gain. This is starting to include the US. The ignorant masses—mostly lead by middle and upper-middle class morons who live for consumption—have yielded ALL political power to the un-earned rich. The irony here is that because of a Dollar Dictatorship, America is run by a politburo hegemony of war mongers and cheats—that simply enable those that ONLY inherit or game the system. It has never been more true/real than now how the US was never any different than the Soviet Union fifty or so years ago. The politburo states of America, baby. Btw, Marx isn’t an economist as much as he is a philosopher and the first and only person to have ever really put effort into codifying human (mis)behaviour in the context of labour and capital.

Rant on.

-T

Hey Comrade! My School Of Greed Is Gonna Kick Your School Of Greed’s A$$

capitalism crisis deepens richard wolff

In order to cope with the two Ms (monotony & mendacity) of growing up in Suburban Hell of my beloved #Americant, I participated–at the duress of my broken family–in two organised sport activities. One of those activities was tennis. And, if I recall correctly, I was actually ranked within the top-100 players of my state during the tennis season of which I participated. Of course, let it be known, I couldn’t serve worth a hoot. Yet I was “ranked”. Yea, that says a lot about organised sports back then–long before the inheriting, under-achieving classes came to be what they’ve become and thereby given us #Trump. But I digress.

The second sport I participated in was Football. And I don’t mean football of the round ball kind. I played American football–where the ball is the proper shape. The reason for the shape? When that ball flies through the air it is either a bullet or a duck–and you better know what you’re doing when it comes your way. And so… There is clarity in (some) sports, dear worst-reader. That clarity is in how a ball can fly like a bullet through the sky.

Although I did participate in a few other sports here and there, e.g., lacrosse, baseball, wrestling, fencing and girls, football is the one that stands out the most in my worst-memory. Ask me if I regret wasting my time on it, I do. Then again, the sport did teach me a bit about participating with others in a so-called “team”. It really is a shame how my beloved #Americant (sport) and her cult of the entrepreneur (the team) have warped the idear of the game in recent years. “Team” for me had a different meaning once. That was the only thing worthwhile about playing football. No a total waste, that is.

Now get this: I learned a few other things while playing American football. For example, my coach used to tell us when we were doing the cardio portion of our daily practice–and we watched those soccer guys in the field next to us run like gazelles all day–that soccer is a game for communists. Can you believe that, dear worst-reader? Here’s how you teach youngsters–back in the day:

Whaaaa’ da heel kaind ah spo’art is it anywho if’n you caint use yer damn hands? It’s a communist spo’art, I tail yee. Dats zackly wha’ it eezz. Damn darn communists! -My Coach

My coach added something about balls shouldn’t be perfectly round anyway. “Nothing is perfect. Check your own,” he said. Of course, being the prepubescent worst-writer I was, during the last two years of wasting mind and body playing football, I actually believed that soccer players were communists. Heck, when I approached some of the guys on the soccer team, I would even ask them:

Say, Comrade, hoist any sickle and spades lately?

But. Again. I digress.

All this worst-talk about communists brings me to my latest read. It is a book by Comrade Richard Wolff. Comrade Wolff is a “professor of economics”. Comrade Wolff has a somewhat interesting presence on the Interwebnets, too. Much of his work can be found at http://www.democracyatwork.info and he even has a monthly podcast called Economics Update where he talks about all things-worst (man to occupy my heart) in this world of capitalism run amok.

At first I didn’t think much about reading this book. There was/is enough of/from Comrade Wolff online already. But then something he said itched me. That itch was Wolff’s academic POV of all-things economic. Better put, he writes and talks a lot about economics as though… Now hold a sec. Get ready for it. Sit down if you got a weak ticker.

Comrade Wolff talks about economics as if it is science.

Now. Did you get that? Let me repeat it just in case, dear worst-reader. According to worst-writer, economics ain’t no science. Instead it is (should be) an academic field within The Arts. But let’s not get too far off the issue of what itches me.

There is one topic that Comrade Wolff keeps comping back to over and over: He is obsessed with the pseudo economic science of Greece and Germania. That’s the real reason I broke down and bought this book. It’s also the reason I read it over a two month period. It’s not that it is hard to read. It is. It’s just that it is boring, too. Boring as boring can be. Boring as wrongly placed academia can be. But then again, so too are all things that try to be scientific that should instead be artsy. And guess what happened after I finally finished the book? Comrade Wolff’s obsession with Greece and Germania is still a mystery to me. Gosh darn it! I hate it when I pick the wrong friggin book!

Allow me to summarise my issue (itch) with Comrade Wolff’s obsession. Comrade Wolff says that Germania is a locomotive. He also says that Greece is a caboose. In case you’re unaware, the caboose is at the back of a choo-choo-train. A caboose is a special, single car that in olden times served as a kind of housing facility for those who worked on the train as it crossed landscapes. And so… Germania is the front of the train and Greece… Well, ok, you get the metaphor.

Btw, if you were to ask me why I expatriated to the EU my third1 most important reason for doing so would be because of the fascination of witnessing the catastrophe that is an effort to unite something that should never be united as though it were a train crossing some heartily confused landscape. Either that or I am a freak for Schadenfreude?

In #Eurowasteland where the choo-choo-train metaphor can only go so far, that which determines everything… Is the fcuking caboose. -worst-moi after living in this Euro shithole for the last 25 yrs.

Now wait a sec. Comrade Wolff says it another way. Here, try this (pseudo-paraphrase):

The #Eurowasteland caboose is literally a fcuk machine that rides the train. The train is made up of voyeur, perverted nation-states that like gawking at the fcuk-car from the back. And who’s the biggest voyeur of them all? That’s right…

Fcuking Germans!

In his podcast Economic Update I’ve listened to Comrade Wolff lambast the Germans because Greece is an economic disaster. That is, Greece is a disaster, according to Wolff, because of the Germans. IMHO, Comrade Wolff is wrong. Greece’s problems have nothing to do with Germans. Greece has problems because of Greeks. Comrade Wolff likes to focus on banks and bankers and how they take advantage of European pions–all of which is lead by dastardly Germans.

Whaaaaaa?

Worst-writer’s explanation of the Greece problem is much simpler–and much clearer. To paraphrase the great oral tradition now being propagated by #Americants in the form of #Trump: Europe is a shithole and it’s full of shiteaters.

That’s Greece’s problem.

In order to understand Greece and thereby the entirety of #Eurowasteland, aka, Greedland, all one has to do is look at what Europe has given the world. From the Bronze Age to the Renaissance and beyond, we can all thank Europe for mass, systematic, unadulterated greed. Luckily, in recent times, there has been something done to try and mitigate this great gift.

Since WW2 (or maybe it was WW1–who the fcuk is counting?) Europe’s gift to the world has been split into two schools of thought. There is the Anglo-American school (of greed) and there is the Germanic school (of greed). If one looks at the social and political structures of the various confused nations that make up Greedland–from locomotives to the cabooses–it’s easy differentiating between these two schools of greed. It’s also easy to figure out who’s the bigger or biggest Schadenfreud-ist.

Let’s summarise, shall we?

Greece is, out of choice, part of the Anglo-American school (of greed). It is failing miserably as a nation-state because of this choices. Therefore it doesn’t matter if Greece were in the EU, off the coast of the UK or stuck somewhere between Alabama and Montana. Because of its choices, Greece is where it is today. More importantly it doesn’t matter who or what state bank leant money to whom. Greece would be where it is no matter where it was at the end of any train–considering how it has traversed the landscape. Btw, most of southern Europe is failing in the same way as Greece. Those countries too have chosen the Anglo-American greed $hitshow. Which begs the question: Is there enough space at the end of the shit-train for all these fcuking cabooses?

And now for the other school of greed.

Pause. Oh God. Brace Yourself. Here it comes.

Those fcuking Krauts.

The Germania school of greed is not about Germans of old. Can you imagine how things would be if they still wore those stupid, pointy helmets and everybody was named Gunter Leckmichamarsch? No. We’re dealing with new Germans here. And these new Germans got a few things up their slimy sleeves, don’t you know. That’s right. The slime is the one thing that was never defeated in any of those dumba$$ wars, don’t you know. In fact, most of northern Europe likes the slime that is in the German sleeve. Hence northern stoic Europe, compared to the lazy south, is doing just fine. With that in mind, what’s your favourite school of greed?

One shouldn’t look at the caboose to see how the $hitshow train is running. Also, Greece is too minuscule to use as an example of the failures of capitalism. The fact that old Greeks have hoarded everything and thereby practically choked the country to death doesn’t make it an example of what or what not to do. It might just be better (easier) to focus more on human nature–which transcends all of the above–even Comrade Wolff. Again: economics is not science.

Then again, Greece is a good example for something else. Capitalism is nature’s best system for dealing with greed. For Comrade Wolff and so many others like him, everything is easier to decipher when lumped together and thrown into one basket. I guess that’s why I prefer artsy over science (science being the basket). Even though I can sympathise with some of Comrade Wolff’s ranting and raving against capitalism–for I’ve given Marx’s Das Capital a glance or three–he doesn’t really offer any viable alternative other than what all others offer: scapegoating.

Anywho. As usual, I’m off subject. This was supposed to be a quick worst-post about Comrade Wolff’s book:

Capitalism’s Crisis Deepens: Essays on the Global Economic Meltdown.

Wanting to understand Comrade Wolff’s POV regarding Greece was the reason I decided to give this book a read. (Un)fortunately this book only substantiates my belief that economics is a pseudo-science.

And so…

Is there an alternatives to the greed $hitshow (capitalism) we’re all living in today? If so, it’s not in this collection of essays. And. NO! Coops and workers taking over the system isn’t an alternative–which is mostly what Comrade Wolff proposes. If, on the other hand, you’re still kind of suffering from the duck-and-cover trauma of the 60s and 70s and hard-up on avoiding all things communist, then you don’t need to read this book. With that in mind, I’m gonna continue checking the Interwebnets for whatever Comrade Wolff has to offer. Who knows. If he keeps at it, he might figure out an alternative someday.

Good luck with that, Comrades.

Rant on.

-T


  1. I’m sure the first and second can be found somewhere at worstwriter.com ↩︎

Maybe Put A Label On It Instead Of Enabling A Bimbo To Sing Put A Ring On The Heart Of Suckers Born Every Minute

sucker born every minute
“There is a sucker born every minute” -PT Barnum

How do you regulate consumption? The consumer is the backbone of the greed economy. No wonder we all have back pain, eh. Yet we also live in a system that has found a way to protect the riches of great-great grandparents. Indeed. Long dead stupid white people have inherited their wealth to offspring that are obviously less ingenious. It’s interesting how the careful consideration of wealth can have grave ramification for a society that only knows the power of suckling the teat of a really, really fat motherfcuker. But I digress.

The issue today, dear worst-reader, is how former president Obama takes sides in the debate of what to do with a society over flowing with Stupid. I mean, why else would it even be an issue–this whole fcuking fake newz thing–if there were just a few more smarts in the world? And so, even a pretty smart guy jumps the gun and blames, of course, the wrong thing for the wrong reasons. And so the disinformation show–which is something different than fake newz–goes on.

Btw, if Obama warns us about “irresponsible social media abuse” who is gonna warn us about all the greed abuse that got us to this dystopia place at all? Oh well.

Good luck suckers.

Rant on.

Link that motivated this post:

The Looking Mirror Avoided

“For example (and thanks to Doug Korty for this point), the total deficits of the federal government from 1950 to 2009 were $6.6 trillion. During those years, three Republican presidents (Ronald Reagan, George H. W. Bush, and George W. Bush) accounted for the vast majority of those deficits. All the other presidents (Harry Truman, Dwight Eisenhower, John F. Kennedy, Lyndon Johnson, Richard Nixon, Gerald Ford, Jimmy Carter, and Bill Clinton) combined accounted for a small fraction only. The three deficit-happy Republican presidents were the most conservative and subservient to major capitalists interests. They all increased spending (chiefly for military and counter-crisis purposes) while cutting taxes (especially for corporations and the richest individuals). Such policies forced huge federal deficits and rapid national debt hikes. The Obama administration ran very large deficits and boosted the national debt through stimulus outlays and costly wars without offsetting tax increases.”

-From the chapter Capitalism, Democracy, and Elections (2013), Richard Wolff’s book: “Capitalism’s Crisis Deepens”

Keep that in mind the next time you vote for someone on account of your taxes, your debts, Her emails, your general nonsense of living as an #americant soothed by pharmaceuticals and/or Disney and/or the lie of the mind that is your hope and desire of exceptional-ism. And now. Go buy something.

Rant on. And. Good luck suckers.

-T

The First Casualty Of The War Of The Lie Of Your Mind On Steroids Times 65 Gazillion But Don’t Worry Your House Of Cards Is Still Standing

What is the first casualty of war, dear worst-reader? That’s right. The truth. Ever wonder how all those bankers, especially the pions that do all the work for banks and Wall Street, how they think about the lies they are telling? Obviously they justify what they do with the knowledge that they are, indeed, at war. Ever see traders trade on the floor of a stock exchange? Ever have trouble paying your mortgage? Ever wonder why you’re kids will have even less than you? It’s kinda like war. Am I wrong?

In order to get one of those jobs on either Wall Street or whatever surrogate Wall Street city around the world, you have to have the credential of an edumacation. If that’s the case, what are all those pions thinking based on that expensive edumacation as they  tell lies, make lies, lying, lying, lying? The answer? Nothing. They are either living the WAR dream or they are out to coffee. The only thing their edumacation taught them was to NOT think (for themselves) and then behave to the point of having a compulsive disorder. It’s called a career. A career at war for peace?

Orwell anyone? Nomatter.

There is one thing that gets under my gander when thinking about the mess I have to live in that is the byproduct of a financialized (speculative) world. At the end of 2007, as banks were on the verge of world-wide collapse and the US government decided to intervene in their demise and save them by further looting the US treasury (not unlike it had already been looted to make war mongers even richer by fighting empire protecting oil wars), what were these banks doing that got them into such trouble? The answer: debt. But I don’t want to get into that here. It’s a big can of worms to open, this thing called debt. What I want to get into is one of the minor details of the fail-upward world that is present day #americant, #eurowasteland, etc.

When the US government let Lehmann Brothers fail, it did so because, of all the banks that were complicit in the mess, Lehmann was the one with the most lies to be revealed. Those lies had to be protected at all costs. At least that’s my best guess as to why the US government bailed out Goldman Sachs instead. (Other than the fact that Lehmann didn’t have as many cronies working in revolving-door government.) But what are the lies that Lehmann Brothers told? My worst-guess is, they lied about everything. No. Seriously. EVERYTHING. Where Goldman & Co (and all other banks that were bailed out) lied about (let’s say) half of their business, Lehmann lied about everything. In fact, their business was the lie. If Lehmann would have failed under out-of-control circumstances, i.e. the economy would have crashed after dipshit Dubya left office and the funny man with the big ears took over, then the lies that made up so much of bank’s businesses would eventually have to be revealed. Indeed. The government bail out of fail-upward banks was literally a culling of the herd–to protect the rest–and to make sure there is no truth.

Which brings me to Wells Fargo. I follow this bank once-a-once by reading through my news feeds. I do so because this is the most interesting lie-bank that’s out there right now. The other week headlines appeared about WF but this time it wasn’t about just a few million fake accounts, which is the scandal they’ve been involved in for years. This time it was about how the first lie wasn’t enough. That is the lie wasn’t big enough. They needed a way to increase the lie. Only in #americant, eh baby.

But before I’m off topic.

The original number of fraudulent bank accounts at WF was X. Or was it? Actually the real number is Y. Y is at least double that of X. And now let me bring this worst-post back to Lehmann Brothers and the great recession/crash of 2007. To me, dear worst-reader, WF is not unlike LB (Lehmann Brothers). The difference is, the government can’t make WF collapse overnight and then just go away (which is exactly what it did with LB). The reason WF can’t collapse overnight is because, well, it’s actually a retail bank and there are a lot of people that have bank accounts with them and there are laws that protect those account holders. Which was not the case for the suckers at LB. Oh wait. Another reason WF can’t just be made to disappear. One of its largest stock holders is Warren Buffet.

As it turns out, the initial number of bank accounts that Wells Fargo lied about–that they created out of the blue in order to fraudulently increase their fees–has to be at least doubled. This is the same truth of, say, all banks on Wall Street–that the powers-that-be don’t want people to see. All of these banks who provide the lie of consumption and the reality of austerity, globalisation, etc., via credit and debt, especially those suckers in my beloved #americant, exist on a foundation that is a house of cards.

But I guess, since you probably have a college degree, you already knew that.

Now go buy something.

Rant on.

-T

Links that motivated this post:

Time To Celebrate Europe With French Vote? Not. Time For Some Lily Livered Lefties.

FDR Stahlin Churchill

What has #eurowasteland done for you lately, dear worst-reader? Well, the answer is simple. Nothing. Or. Put another way. At least it hasn’t given us another fcuking world war.

It behooves me to say something about recent farcical election in France–that so many are comparing to the recent farcical election of my beloved #americant but because of the results consider France’s a godsend. The problem for these and all current iterations of the acts of democracy is that Macron’s election is nothing if not a win for the status quo, i.e. political conservatism. That’s not to say that I was rooting for Le Pen. It’s just that, if anyone actually believes that Macron is gonna do anything to deal with what’s going on in Europe (the entire western world) right now… Come on.

As I noted in one of my previous worst-posts, I love France. Even though I live in the Germania partition of the joke that is #eurowasteland, France is my true love. Humanity owes a great debt to France becuase of what it did to useless eating monarchs. And let me not get started on monarchs! The fact that they are still around… And so. Here’s the thing about the sodom & gamorrah that we live in today:

Why is it when the down cylce of capitalism reaches this point, as it inevitably always does, there’s only one example in (our) history of (political) liberalism winning over conservatism to come out and save the day?

According to the krapp I’ve read about our history, that is, the result of the history that has made this greed-suck-world we are all forced to live in, only FDR stands out as an example of someone who saved the day? That’s right, dear worst-reader. FDR, who was not necassarily a liberal politician, realised during the great depression that there was only one way to fix things. Tax the fcuking rich! Ok. Ok. Did he stop America from entering the European war theatre? No. But, again, he taxed the fcuking rich and told them:

If you don’t pay they will come. They are standing outside your (rich) door right now with pitch forks and guillotines. They carry with them communism, socialism, the collective society that you and your faux newz fantasy despise. And if you let them win by gauging them of every last drop of their labor, you’re doomed–perhaps not unlike King Louis. And so my fellow rich brethren of European lore…

Indeed. FDR saved capitalism from the threat it had become (to itself). Of course, to payback the children of the capitalists that lost because of their game that culminated in The Great Depression, FDR graciously won WW2 and thereby supplanted Europe as a world power. By-the-bye, the children and grand-children of those loser capitalists are still running my beloved #americant today. Yeah, baby. We have become what we defeat–and then some.

Which brings me to this worst-post’s worst-question: whether it’s in my beloved US with comb-over-chief #Trump or the joke-island of Brexit, why is it that the movers & shakers of politics now ALL come from the extreme right of the political spectrum?

Link that motivated this post:

Rant on.

-t

Neofeudalism Defined For The Little Man? I Mean The Little Mind?

“Much as warlords seized land in the Norman Conquest and levied rent on subject populations (starting with the Domesday Book, the great land census of England and Wales ordered by William the Conqueror), so today’s financialized mode of warfare uses debt leverage and foreclosure to prey away land, natural resources and economic infrastructure. The commons are privatized by bondholders and bankers, gaining control of government and shifting taxes onto labor and small scale industry. Household accounts, corporate balance sheets and public budgets are earmarked increasingly to pay real estate rent, monopoly rent, interest and financial fees, and to bear the taxes shifted off rentier wealth. The rentier oligarchy makes itself into a hereditary aristocracy lording it over the population at large from gated communities that are the modern counterpart to medieval castles with their moats and parapets.

J Is For Junk Economics, Michael Hudson

Bold text worstwriter.

Rent on.

-t

Welcome To The Pseudo Science Of Your World, Your Pocket Book, Your Mind

j is for junk economics cover.jpg

Freedom? Ok. Let’s define it. (Long pause. Think. Continue pause.)

Money?

Travel?

Beauty & Fashion (as per Melania Trump’s RNC speech)?

In my quest to misunderstand this worst-world we must all live in, I periodically read a book or three about economics. Most of these books usually carry a bit of narration with them and leave out all the academic bullshit. That’s the only way I can get through them. This newest endeavour, though, is a bit different. For one, it doesn’t have much narration in it. It’s also a bit overly academic. I mean, it has X-Y charts and graphs that depict whatever it is the author tried to say using words–which, I guess, makes the imagery redundant. Or? Nomatter. There is something in this book that has saved it from ending up stuffed in the back of one of my bookshelves with a sad-face post-it note on its cover. Two-thirds of this book is a dictionary. And a pretty interesting dictionary at that. The rest of it is made up of various articles and essays by the author–most of which lost me because they were, well, too academic.

So me let me try that again. What the hell is freedom?

Answer: I have no fucking clue what freedom is.

From the day I was born to this very moment, other than spitting on a street and telling a teacher once how stupid s/he was, I have no idear what freedom is. And keep in mind, I was born and raised in #americant–you know, that city-on-hill where dreams come true and liberty reigns for all–i.e. as long as you have the money to pay for it. By the time I got to “F” in this pseudo-dictionary-book about the debacle that is today’s Economics, I was hoping that the author would define the word freedom for me. But he didn’t. Instead, Michael Hudson defines “free trade”, “free market” and “free lunch”. He also defines things like earned and unearned income. Then there’s his definition of productive vs. unproductive labor. Etc, etc. Of course he also defines Junk Economics, hence the title.

Michael Hudson goes through the whole economic alphabet and defines lots of other words by telling you what you think they mean–because of how you’ve heard or read about them, on, say, faux news or CNN or whatever it is you use to get informed about how fucked up the world is. And then he tells you what these words actually mean. In other words, according to what I got out of this book, Economics, per the author, is a pseudo-science. Ka-ching, baby!

Which brings me to my own little conclusion after reading this book:

Astrology ——-> Astronomy
Alchemy ———> Chemistry
Economics ——-> ????

The subtitle of this book is “A Guide to Reality in an Age of Deception”. Now, dear worst-reader, what could an #americant economics professor mean by that subtitle? Indeed. The thread that permeates this entire book is the simple fact that Americans are being fed pseudo-science when it comes to economics, just like mankind was fed Astrology as it tried to figure out why certain heads go bald, rain didn’t fall when it should or how come I work and don’t get nothing for it? I suppose some would call the words we hear about economics today Orwellian, which Hudson refers to at times. But others, present worst-writing company included, would call it: land of the free to be stupid. So I guess that’s what freedom means. Or?

One of the roots of all the problems of the world today is none other than the misuse of words. Hence, newspeak, doublespeak, Orwell, etc., should be at the top of anyone’s mind when s/he thinks finding answers is out there. Either that or it’s time to move on. Which brings me to one final question. As noted above, if the pseudo-science of Astrology lead to the science of Astronomy, where will/can the pseudo-science of Economics lead?

But I digress.

Rant on.

-T

Pathology 101: #Americant Greed Galore Times Three

Scream no fear all worst

Fascinating but winded article. I suppose that’s why writers for The New Yorker get paid the big bucks. With that in mind, the article linked to below is a doozy. Just when I thought Citizens United had created an ideological political Autobahn to hell paid for by the über-rich that would lead my beloved #ameircant straight to…, here comes a new twist on reality. Not only are rational minds the world over competing with the batshittery of American (1) conservatives and (2) religious nut jobs, but there’s now a third beast to deal with. Indeed. Imagine a boxing match where it’s two against one. Then, suddenly, a third boxer joins the other two. That’s right, dear worst-reader. There are three beasts fighting against one. All three have one thing in common: political conservatism.

  • money greed (old money inherited, protected, etc.)
  • religious greed (tax free mega churches and pastor jets, etc.)
  • new rich (dotcom cracks, hedge fund instant winners, etc.)

Although a few truth seekers out there have mentioned the fact that America’s wealthy are pretty much socially and amorally pathological at this point in our history, the article linked below may provide a bit more info about how this came to be. The rich man written about is, at least for me, the scariest character yet in this freakshow. Scarier than the Koch brothers, scarier than wannabe Ronald Reagan, scarier seven hundred clubs, scarier than Rush, etc., etc.

For the life of me, I can’t figure out why the mind’s of rich people get so cracked and damaged to make them think this way. But then again, what the fuck do I care. #Americant is getting what it deserves. Or?

Good luck suckers.

Rant on.

-t

Link that motivated this post:

The reclusive hedge fund tycoon | The New Yorker

Hammer Sickle Podcast

fourth international.png

Listening to comrade Wolff again. Luv this nutty professor. And that says a lot. Of all the teachers I’ve had in this (my) useless-eater life, few (if any) teachers have left an impression on me. And that’s an odd thing to admit if you consider the fact that by the time I was finished with college I had finally figured out what I wanted to do. Yeah. I wanted actually be one of them–one of the ones who fails to leave an impression on someone. Yeah, I thought, be a teacher and you can have three months out of the year off to smoke weed and maybe learn how to sail (a dinghy). Of course. Having been reared in #americant, in suburban hell, it didn’t matter that I knew what the future held. I knew it held what we have now. Boy do I feel sorry for teachers. What a bunch of shmucks. Talk about getting duped. Now they all have to work those off months in order to pay their (land)lords all those serfdom-fees. But I digress.

Today’s podcast, dear worst-reader, covers four things.

  1. Health Care, aka Obamacare
  2. Banking and Finance
  3. Pension looting
  4. Subsidizing Religion

Of the four issue covered by comrade/professor Wolff, the fourth is the funniest. That fact that #americants tolerate the free-ride given to “churches” (they don’t pay any tax) and yet can’t find ways to finance education says a lot. Obviously the other issues covered are funny, as well. But then again: the podcast featured has nothing to do with comedy. Or does it?

Listening to a winded professor try to explain to #americants what capitalism is–and more importantly how it’s failed everyone–just seems like such a mute issue that one can’t help but laugh/giggle. Or? Still. With that in mind, it’s fascinating how the professor does such a great job explaining it all. I suppose that’s due to his ability to be so obviously partisan. I don’t mean partisan in a Dem vs Repub way. He’s partisan in a truth vs lie way. And that should be a good thing. Well, I suppose it would be good if the professor didn’t come across as a comrade. But, again, I digress.

Hail the fourth international. Or maybe not.

At this point, I should probably provide a warning. Be careful if you listen to what the professor/comrade has to say. Or should I say: Danger Something Might Be Learned.

Rant on. -Tommi

Links that motivated this post which includes a podcast:

May Um Save The Planet Um

 

tim christopher on bundy takeover.png

Seriously. I just dented my refrigerator. I hit it. Right out of the blue I hit my fridge as though it were taunting me, as though it were asking for it. Yes. That’s exactly what happened. It (my fridge) was taunting me like a sheep-lamb in hell that recites Milton’s Paradise lost and Redd Foxx‘s last stage show. And. Luckily. I’m almost sure. Hitting my fridge will not be part of tomorrow’s therapy session on anger management. Reason? If it wasn’t for the amount of times this guy (see link below, pic above) uses the filler-word “um” as he talks I wouldn’t have picked a fight with my refrigerator. He uses the filler-word “um” so much that I almost hit my wife’s new sewing machine. Why? Oh why? Oh well. What can I say? It’s not all as bad as it sounds. Or is it? No. It all justifies anger and the fact that I had to bleed-off that anger.

Um. Um. Um. Sentence. Um. Sentence. Um. Um. Sentence. Um. Etc.

And so. I thought. A simple frustrated swing will help me get over how (obviously) educated people use filler words. And this guy used um so many times that my head almost exploded. So I swung my left fist in the air. I don’t know what I was thinking at the time because um was everywhere. Swing here, swing there, swing lower, swing higher, swing chariot. And with a sudden jolt I felt my fist land. It landed right on the front aluminum door of my fridge. Now my fridge has what I like to call a dent. But at least my fridge doesn’t have the word um on it or in it anymore.

dented fridge.png

And by-the-bye, what this um-guy talks about is really, really cool. Save the planet um guy.

Rant on. -Tommi

Source: Tim DeChristopher on Bundy Takeover: Gov’t is More Afraid of Civil Disobedience Than Armed Militias | Democracy Now!

It's Like The Moon Disappearing. If The Middle Class Joins It, Will You Miss It?

Not sure why I care about this. But I do. Having said that… Having grown up in the suburban hell of lower middle class #americant and now hearing academics describe (that) hell’s demise, I sit back with a dopey grin on my face and sing the lost torrent song that was once an anthem, an anthem beloved by druids, goths and subjects of Beowulf. The anthem is called Hell Yeah Bitch! I mean. Seriously. What’s with the golden pedestal a certain part of society has to be put on? Is this the only way to implement a particular political mandate in a failed democracy? It’s all (supposed to be) about the middle class? Wow. That’s pretty heavy stuff, dude. So heavy, in fact, I think I need to kneed it a bit in my brain. So. Let’s say it again and at the same time tap our ruby red slippers. The middle class. The middle class. The middle class. (Full stop.) What does it all mean, Johnny Cum Lately? Well. I’ll tell you what it means. It means nothingness. It means mean. It means uselessness. It means stupefied procreation that satisfies the needs of rotten wombs and severed manliness. It means… It means come on. Come on. Come on and ask the question. What the f’ has the middle class actually done? I’ll tell you what’s it done. It’s given the world the most vile, corrupt, greedy group of humans this planet has ever seen. The middle class is nothing more than the perpetrator of the lie of the mind that is The Dream. The grand American dream. The dream of what? Star spangled banners? Bombs bursting in air? Did it give truth through the night, you cock sucker, that your flags were still covering your naked ass as you ran away from your university brothel and pharmaceutical day job? Or should I just say that the f’n middle class gave the world consumerism? Yeah, that’s the ticket Johnny Cum Lately. Consume. That’s the middle class. In all its glory and essence. Which means, in turn, if the middle class goes away what difference will it make? Oh yeah. The middle class will do to itself what it’s also done to all the others that it walked over in order to think it was part of being, in its own way, rich. Indeed. The middle class will make a choice between working for what it created or starving. That’s exactly what it deserves. It is the middle class of the world’s greatest lie that deserves, more than anyone else on this planet, exactly what its getting. Now go vote for some dipshit who will make you feel better while you consume your coffee or hamburger or equity financed yacht with a credit card you’ll never pay off. Rant on. -tommi

You know, America was the first middle-class society. We’re about to become the first society that ceases to be a middle-class society. -Stiglitz

Source: Nobel Laureate Joseph Stiglitz on “Rewriting the Rules of the American Economy” (Part 2) | Democracy Now!

The Working Poor Shall Inherit The Earth

labor force absentee list

Get a load of some of these stats, dear worst-reader. There are times when even I, the grand stat-viewer, milk some tears when I read such things. And as we know, my tears are not like those of mermaids. Indeed. There will be no cure for these ails. So let’s just run down to reality lane and give it all a once-over, shall we? First, get a look at those stats from The Social Security Agency. You know, it always bothered my when repub nutbags harped on social security. Even though the system is self-financing, that is, no tax dollars have to go into social security, republicans want to privatise is. Why? Well, the answer is clear. The ideology of political conservatism is also clear. Greed doesn’t like change nor does it like money flowing without it (conservatives) being the delegator(s). Also, greed works best when it can exploit whatever through whatever means. With that in mind, social security is both a grand target and, under the right conditions, no different than a deer being blinded by headlights. You can be assured, dear worst-reader, and you may count your blessings, that the greed mongers haven’t gotten their fingers into social security like they’ve gotten those same fingers into other easily exploitable (political) endeavours. But I digress.  §Have a look at the article “Goodby Middle Class.” If that doesn’t scare the poopy out of you then nothing will. Of course, I saw all this coming in the 1980s in my beloved #americant. The way Americans have lapped it up, this lie of the mind, this consume-to-survive gluttony, this inherit from parents is the only way, etc., is, after jumping that sinking ship so many years ago, nothing new to me. Watching this level of cultural and societal degradation hasn’t been easy, though. But what can one expat do? I know. Blog. Vote. Toke. Whatever. §And last but not least. Check out the article that was written based on the “Strange .txt link” below from the site The Economic Collapse. With that in mind, always remember, the science of statistics was created because lying is always better than telling truth. So. Next time you hear Barry-O talk about five or six percent unemployment, do more than just snicker and giggle. The best thing to do is stick your head in your ass where it belongs because you are in your armageddon as the working poor shall NOT inherit the earth. Ha. Ha. Ha. Good luck suckers. Rant on.

Links that motivated this post:

American Economy = Debt Deflation

It is astonishing to hear/read stuff like this. Man, does this guy (vid) nail it. In fact, Hudson just about sums up the whole shebang in a few words within a fifteen minute video. Most important part of the interview, in worst-writer’s opinion, is in the quote below. Reading about Monday’s “stock crash” because of China just kept me laughing as though I was reading about Greece. Go figure. How #americants will deal with this is another question. For example. Even though I’m diggin’ what Bernie Sanders is saying, I don’t think he’s electable because he’s too extreme for the current political environment which has been nurtured, yes, nurtured, by the 99% since Reagan. Bernie would be a huge shift in that political environment and I don’t think a shift like that has ever happened in the US. Not saying that it can’t happen. Hopefully the new generation of voters that are out there can see through what baby-boomers and conservatives have done. What is probably needed is a gradual political left-leaning shift and then some consistency on the part of the electorate to always be able to counter rightwingnut extremism. But what do I know? I jumped ship after Reagan cause I saw all this coming.

“The real problem is that we’re still in the aftermath of when the bubble burst in 2008, that all of the growth in the economy has only been in the financial sector, in the monopolies—only for the 1 percent. And it’s as if there are two economies, and the 99 percent has not grown. And so, the American economy is still in a debt deflation. So the real problem is, stocks have doubled in price since 2008, and the economy, for most people, certainly who listen to your show, hasn’t grown at all. So, finally, the stocks were inflated really by the central bank, by the Fed, creating an enormous amount of money, $4.5 trillion, essentially, to drop over Wall Street to buy bonds that have pushed the yields down so high—so low, to about 0.1 percent for government bonds, that pension funds and investors say, “How can we make money?” So they buy stocks. And they borrowed at 1 percent to buy up stocks that yield maybe 4 percent. But who are the largest people who buy the stocks? They’re the companies themselves that have done stock buybacks. They’re the managers of the companies that have used their earnings, essentially, to push up stock prices so they get more bonuses. Ninety precent of all the earnings of the biggest companies in America in the last five years have gone for stock buybacks and dividends. It’s not being invested. It’s not building new factories. It’s not employing more people. So, the real problem is that we’re in a non-recovery in America, and Europe is in an absolute class war of austerity. That’s what the eurozone is, an austerity zone. So that’s not growing. And that’s really what’s happening. And all that you saw on Monday was just sort of like a shift, tectonic shift, is people realizing, “Well, the game is up, it’s time to get out.” And once a few people want to get out, everybody sees the game’s up.” -Source: Democracy Now!

Good luck suckers. And. Rant on. -t

 

The Willing

As an Aussteiger and high-flyer I have the privilege of being both a witness and a passenger. Don’t blame me, dear worst-reader, for having found the formula for comfort and pseudo-luxury–which, btw, I found before I turned fifty. Also, don’t ask me how it’s done. Just keep this in mind, the luxury of being worst-writer found me more than I found it–which may mean that it’s out there for all to have if only ALL would allow it. But then again, finding your Karma isn’t finding my Karma, is it? Nomatter. §It really gets to me when I read articles like the one below. The article is such a downer, man. I mean, that type of writing is a real thorn in my world POV. But then again, it’s rare that I read the WSJ to begin with. The WSJ is most certainly one of those forms of mass propaganda that many more should avoid–if they/you can. Since we live in a world that is obviously dependent on propaganda (because so few humans can actually think for themselves) I suppose making such a claim from a single, void-based voice as mine doesn’t mean much. Which may also mean that I’ll wait for posterity to thank me for what I’m about to worst-say. But. Again. Nomatter. §The article below was referenced the other day in a podcast I was listening to from an American Marxist professor of economics who I think should start calling his listeners/students comrades. Comrade Professor Wolff commented on what Warren Buffett says in this op-ed and as soon as I got back from my pug-walk I pulled the earbuds from my ears, gently placed my ageing iPhone 4S on the counter and grabbed a Bier and then looked up the article. Oh my! §In the article below Warren Buffett, a man with a whole bunch of money–all, btw, earned by speculation–claims to know everything there is to know about why the rich are rich and the poor are poor. The article, of course, is propaganda regarding his view of economic policy that he thinks should be implemented by law, i.e. the Congress, i.e. the US Government. IMHO, there should be a law requiring a warning label on such articles. Perhaps a warning label in the form of a watermark. Yeah. You know. PROPAGANDA should be behind the dismal black letters but in front of the optimistic and blinding white background. But I’m drifting. §Warren Buffet, for his believers, claims to know the reason as to why there are rich people and why there are poor people. And since he is a self proclaimed leader of the compulsive behaviourists of the world (i.e. careerists, corporatists, automatons, bureaucrats, etc.) there are few out there that will counter his propaganda. And so. Without further ado. Like the people that want to be preached to by Warren Buffett, I stake the claim that this article is so full of shit that it’s no wonder #americant can’t get out of the rut it’s been in for the past <fill in # years here>. Or let me try to say that differently. Warren Buffett seems to think that there is a comparison between the rich of Henry Ford (robber baron) and that of Steve Jobs (robber barron). But does it really matter that there is a comparison–a comparison of dollar value? He also believes the adage that “hard work” and people who are “willing” (i.e. The Willing) can somehow get great lives if only there is a law made that manipulates taxes. Seriously Warren Buffett? §And there you have it, dear worst-reader. All the answers as to why things are so truly fucked up. There are rich people, there are poor people, there are those that work hard and there are The Willing. Oh yeah. And don’t forget taxes. Having the right tax policy will fix everything. Wallah! But I digress.  Indeed. Rant on. -Tommi

Better Than Raising The Minimum Wage | WSJ – Warren Buffett

Voucher Me This

monopoly board have no fear
Why is it that Neo-liberals aka followers of Milton Friedman are obsessed with government spending? I ask the question because I recently saw a video of Friedman blathering about his concept of a voucher school system (yeah, just google it) and that was somehow compounded when I read a few moments later that the United Mistakes dysfunctional congress was cutting Amtrak funding in the wake of a terrible accident that could have been prevented if there was proper funding. Continue reading “Voucher Me This”

Whoa! History

And now, dear worst-reader, let’s take a moment and give a listen to how the other part of the western world’s pseudo-democracies are viewing z’Germans.

“For the German people and their leader to work out a political strategy that has them encouraging people to think of southern Europeans as lazy and not working and somehow deserving of a different way of being handled as people in the north… Whoa! That is a very dangerous game to be playing. And for a politician who is smart–and Merkel is–this must be a sign of… Whoa! Have I got problems. There is austerity in Germany. The working class is not happy. It has prided itself on being better off than the southern Europeans. Not the least little factoid: If Syriza raises the minimum wage–to 750/month–it will mean that the German working class will earn less than them. And that’s going to be very difficult to understand and to process.” -Prof. Richard Wolff, 1:18 of vid.

Well, I suppose one thing has come from the recent Greek elections. The (main) issue has been shifted, avoided, weaselled around once again. Off the table is the fact that there are simply a few bad apples in the barrel–and a few countries that exist in meritless, unjustifiable living standards that have been financed by corruption, greed and old-money for far too long. Basically, what that’s saying is: nothing has changed in #eurowasteland. Obviously Prof. Wolff thinks the situation is worth watching–closely! Good for him. I’ll just keep living in it. Rant on. -Tom