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The last 30 years have seen a distinct change in economic policies that rewards the privileged and leave others struggling in the name of efficiency and capital

by throw2016 10y ago

The last 30 years have seen a distinct change in economic policies that rewards the privileged and leave others struggling in the name of efficiency and capitalism. Yet when things go southward and things like the banking crisis happens these principles are swiftly jettisoned and privileged interests indiscriminately bailed out with the media and 'experts' stepping in to gloss over the rank hypocrisy. The poor are harassed and incarcerated for every small trangression while the rich and connected like the bankers, Shrekeli, Holmes routinely get way with fraud and worse. These inconsistences are not forgotten. All that economic power is then inevitably used in a self serving way to further increase their own share of rewards like quasi feudalism. Wars are being fought to benefit financial interests that leave millions in other countries in disarray, billion dollar surveillance industries are built that fundamentally shift the balance of power from the people to the state. HN itself is guilty of celebrating wealth and gloating over the irrelevance of people with automation and AI. Why the gloating? Where is the sensitivity to the impact of these technologies on society and the unprivileged. There is so much disrespect and general nastiness to people here who are not perceived to be successful with no notion of adversity or privilege. This kind of disrespect and dehumanization is bound to rankle. Cmon these are your own people. What do you think these people are going to do? They will listen and vote in demagogues.

hga 10y ago
Quibble to your posting which I otherwise largely agree with, Shrekeli is under Federal indictment, and every one is cheering that, and it's too early for Holmes to receive the same treatment, although the fraud she was running should have been brought to heel much earlier, we're talking life and death here, as with Shrekeli. A better example would be Jon Corzine, and how it looked for quite some time that the people he defrauded would not be made whole, despite the white line law on this. Or to bring it back to this election, "The S in SCIF Does Not Stand for Servant".
jsymolon 10y ago
> economic policies that rewards the privileged As shown as the cabinet is "old guard" republican ideology. Regulations! Bad! ... etc.
- throw2016 10y ago
  I think people are fed up of the establishment and their apologists. People are fed up of this flawed narrative that apparently can't be controlled and only delivers more disparity and suffering to the unprivileged and more riches to the privileged. And this is some auto pilot that is beyond control? People feeling powerless and craving control makes them susceptible to any demogogue. Anyone who can exploit this disenchantment will win, like Trump did. But Trump is establishment, his team reaching out to Dimon on day one makes a complete mockery of 'anti-establishment expectations from his supporters'.
  - hga 10y ago
    and his team reaching out to Dimon on day one makes a complete mockery of 'anti-establishment expectations from his supporters You don't suppose that might be a lie designed to sabotage him starting out the gates, or that Dimon's name somehow got on a list but is going to be removed in the normal process? You don't suppose there are factions fighting, through leaks in this case, was is often the single most important battle in a US presidential election, for "people are policy"? Much of the awfulness of George W Bush's administration is from the people chosen for these positions, and that can be in part traced back to his lack of courage when Team Gore stopped/truncated his transition process by yelling about the election not being decided yet. (More is from Bush's weird loyalty patterns, e.g. he should have told Norman Mineta, "I'm sorry, but I need a war time Secretary of Transportation, and you were not selected with that criteria in mind" and replaced him immediately after 9/11.) We will, of course see in due course, but it's a little early to be so dispositive. Perhaps we can wait until we hear his nominations officially??

hga 10y ago

Quibble to your posting which I otherwise largely agree with, Shrekeli is under Federal indictment, and every one is cheering that, and it's too early for Holmes to receive the same treatment, although the fraud she was running should have been brought to heel much earlier, we're talking life and death here, as with Shrekeli. A better example would be Jon Corzine, and how it looked for quite some time that the people he defrauded would not be made whole, despite the white line law on this. Or to bring it back to this election, "The S in SCIF Does Not Stand for Servant".

jsymolon 10y ago

> economic policies that rewards the privileged As shown as the cabinet is "old guard" republican ideology. Regulations! Bad! ... etc.

throw2016 10y ago
I think people are fed up of the establishment and their apologists. People are fed up of this flawed narrative that apparently can't be controlled and only delivers more disparity and suffering to the unprivileged and more riches to the privileged. And this is some auto pilot that is beyond control? People feeling powerless and craving control makes them susceptible to any demogogue. Anyone who can exploit this disenchantment will win, like Trump did. But Trump is establishment, his team reaching out to Dimon on day one makes a complete mockery of 'anti-establishment expectations from his supporters'.
- hga 10y ago
  and his team reaching out to Dimon on day one makes a complete mockery of 'anti-establishment expectations from his supporters You don't suppose that might be a lie designed to sabotage him starting out the gates, or that Dimon's name somehow got on a list but is going to be removed in the normal process? You don't suppose there are factions fighting, through leaks in this case, was is often the single most important battle in a US presidential election, for "people are policy"? Much of the awfulness of George W Bush's administration is from the people chosen for these positions, and that can be in part traced back to his lack of courage when Team Gore stopped/truncated his transition process by yelling about the election not being decided yet. (More is from Bush's weird loyalty patterns, e.g. he should have told Norman Mineta, "I'm sorry, but I need a war time Secretary of Transportation, and you were not selected with that criteria in mind" and replaced him immediately after 9/11.) We will, of course see in due course, but it's a little early to be so dispositive. Perhaps we can wait until we hear his nominations officially??