Showing posts with label crony capitalism. Show all posts
Showing posts with label crony capitalism. Show all posts

Friday, May 8, 2020

My Corona Diary (Take III): Pandemic, Shmandemic (Get Your Asses Back To Work)


<Eternally Yours (1978)
US LP Front Cover>
<https://punkygibbon.co.uk/bands/s/saints_eternally.html>

Don't talk to me 'bout what you've done
There ain't nothin' changed, it all goes on
They'll keep laughin' till the end

This perfect day
What more to say
Don't need no one to tell me what I already know

"This Perfect Day" (The Saints)

<i.>
My mouth gets me in trouble sometimes. I'm thinking of a verbal donneybrook that I got into during the 2008 recession, with a friend of Squawker's. They not friendly anymore, but that's another story for another day. 

I didn't get along with this particular gal, either. When she wasn't constantly lecturing me about this, that, and the other -- mostly, how I looked, or I didn't choose H2O as my favorite tipple -- she never stopped pontificating about whatever issue of the day crossed her mind. I'll call her Austere Annie.

I don't remember anymore how we got onto this particular topic, but somehow, the old "they-could-get-a-job-if-they-wanted-it" chestnut wandered into our kitchen table discussion, like that drunk boyfriend who's willed himself off the couch. "Well, Annie, I don't know," I said. "All I can say is, how many 50-plus-year-olds are they hiring lately?"

"Look at what I do, though," Annie argued. "I work at the cleaner, I walk all these dogs, I'm not just sitting around."

"Neither am I, exactly." My eyes roamed toward the ceiling. Lord oh lord, how do I get out of this one? "But I have a better idea. Why not just join the underground economy? More opportunities to move up, better pay, get to travel, meet interesting people, pick your own hours..."

Annie widened her eyes in horror. "How can you say that? There's plenty of opportunities out there that don't involve doing something..."

"C'mon, Annie," I shrugged. "It's a joke. Actually, Woody Allen says something similar in 'Take The Money And Run.' I got a million of 'em, if you want."

Now hold that thought. We'll circle back to it soon enough.


<"Hey Bossman (Takes I-III)..."
The Reckoner>


Ain't nobody tells me what to do now
I've heard all the lies and been promised the world
No businessman is gonna use or confuse me
'Cause I ain't no puppet for his capital gain
And what do you get but exploitation
From creeps who are gonna ignore your situation?
Too many people gettin' pushed around
Gonna end up down the lost and found

"Lost & Found" (The Saints)
<ii.>
Released in May 1978, the Saints' second album, Eternally Yours, maintained the energy of their classic debut, (I'm) Stranded (1977), while adding subtle touches (notably, horns, harmonica, a dab of organ via drummer Ivor Hay) that hinted at more adventurous musical explorations down the road, as did moody, acoustic slow burners like "Untitled," and "A Minor Aversion," whose lyrics about love gone sour ("Don't you know that this thing can't last/And don't you know this time will pass/These dreams are not your own anymore"), might well apply to a certain, ah, occupant at 1600 Pennsylvania Avenue.

Of course, there were plenty of fast burners to keep the faithful happy, such as "Run Down," the cheeky twin pairing of "Know Your Product," and "No, Your Product," plus the two I've chosen to quote here, "This Perfect Day" -- an honest to goodness Top 40 single, the band's only one -- and "Lost & Found," which aptly sum up the prevailing mood, as the body count from COVID-19 continues to pile up. How do Trump, his henchmen and all their faithful red state allies respond, you might ask? Hence, the title of this post:

"Pandemic, Shmandemic! 


"Get Your Ass Back To Work!"


As states rush to reopen their so-called economies -- the same ones that COVID-19 devastated, in case we forgot -- check out the scam they're pulling in Iowa, where its Workforce Development gremlins have just announced that refusing to return to work will be deemed a "voluntary quit," even fear of infection is the reason. Say goodbye to any current or future state benefits, plus those $600 per week federal benefits.

Or, as IWD Director Beth Townsend helpfully explains in the state's press release: "For Iowans whose employment may be permanently affected by the outbreak, we have many training opportunities under Future Ready Iowa to help them obtain training and begin a new career in a high-demand, high-paying job."

Similar maneuvers are underway in Texas, which officially reopened May 1, and Oklahoma, as Robert Reich reports in his own column, where he quotes the latter state's jobless czar along these lines: "If the employer will contact us...we will cut off their benefits."

Oh, and in case anyone missed the punchline, Senator Lindsey Graham (R-SC) said Wednesday, at a state panel about his own state's rush to reopen: "I promise you, over our dead bodies will this ($600 federal jobless benefits) get reauthorized. We've got to stop this. You cannot turn on the economy until you get this aberration of the law fixed."

Nice guys, eh? So much for "unemployment compensation on steroids," as Senate Minority Leader Chuck Schumer called it, when Congress passed the measure.





<iii.>

Of course, those steroids -- unemployment-related, or not -- only work if you get your hands on them. My own experiences with Michigan's system mirror a lot of the frustration brewing out there. At various times, I got locked out of my account, knocked off the phone, or frozen from proceeding with my claim until I entered my life's various mundane details, like my address, as the system preferred. It took a fair bit of research to sort out all these points.

Things took a truly surreal turn on Tuesday, when two pieces of mail arrived -- one, to tell me that I'd no longer get those "Go Green" alerts in my e-mail, the other, requesting more information, even though its website allowed me to file for the minimal level of benefits ($160 per week), without having to provide any.


Got all that? Dealing with public agencies often reminds me of the party scene from Alice In Wonderland: "Have some tea. There isn't any."

For millions of Americans, however, the ante is about to crank up in the most unforgiving way imaginable. Pandemic be damned, promises of support be damned, public sentiment be damned. Get your asses back to work, because the people who've been taking us all for a ride need you back at the hamster wheel. You can keep running in place, as you've done all along, by whatever name you call it -- adjunct, contract, temporary, work for hire, take your pick. It's all the same, and it's all contaminated by association.


If this is really is the "new normal" we're going to resume, count me out. That smells like the same normal that stopped working for so many of us so long ago.

Then again, it's not really about you, is it? The Orange Monster in the White House is so desperate to claw back his way to re-election, that he's willing to roll the dice, with millions of reluctant workers, essential or not, as his unwilling human shields. That's all it's about, really.

Or, as Congresswoman Alexandria Ocasio-Cortez recently told VICE News -- only in America, when the President talks about liberation, "does it mean, 'Get back to work.'"




<iv.>
Looking back on my verbal brawl with Austere Annie, I find that this calamity strikingly resembles the 2008 economic meltdown, only with the "corporations are people, too" concept taken to its most absurd extreme. We're talking about unemployment rates not seen since the Great Depression (20 percent, with 30.3 million unemployment claimants), even as corporate interests hoovered up $1.1 billion of the $2.2 million earmarked for small business relief through the Paycheck Protection Program.

The PPP fund is another great example of the Orwellian misnaming that often accompanies these ventures, just like the Oklahoma official threatening to cut off benefits happens to head the --  wait for it -- Oklahoma Employment Security Commission. I guess he meant his job security, right? Honestly, it's all too whacked out for words.

All the more galling, when you consider that people are still expected to conjure money out of thin air to make their weekly and/or monthly nut, even as the empty suits set about steering money to themselves and their buddies. As the Huffington Post story notes, the corporations that seriously dented the PPP fund got forgivable loans. That sounds like Uncle Sam doesn't expect to see that money back, right?

What relief can the average person expect, once they know they can't pay their rent? At most, a payment plan, or a deferred payment -- meaning, a promise to make good on whatever they owe at some point in the future. Same goes for student loans, or whatever debt you care to name. At best, you'll get a few months' timeout from having to pay them when you're in the nursing home. Some relief.

I'm reminded of a county commission meeting in my reporting days, where the chairman interrupted a colleague hectoring him about some obscure feature of the annual budget. He posed a rhetorical question: "What is a budget, exactly? A plan for spending. That's all. We make statements about where we're going to spend our money, and what we're spending it on."


With COVID-19, we're doing likewise. We're making statements, all right, but they just happen to be in all the wrong places. --The Reckoner


And what do you get but exploitation
From creeps who are gonna ignore your situation?

<Eternally Yours (1978)
Back Cover, US LP>


Links To Go (Hurry, So The Oligarchy
Can Herd You Back At Your Desk):

Sunday, February 7, 2016

"People Have The Power": So Where Does Bernie Sanders Go From Here, Exactly?


"And my senses newly opened 
I awakened to the cry 
That the people / have the power 
To redeem / the work of fools"
--Patti Smith, "People Have The Power"


By any standard, Bernie Sanders enjoyed a terrific night in Monday's Iowa caucus. Fighting the presumed front-runner Hillary Clinton's money machine to a statistical dead heat is no small achievement, especially since -- as Sanders noted in his speech -- he had no money and no name recognition when he started campaigning nine months ago. His movement is real, and it's not going away. What's even more amazing is that Sanders has pulled it off as the king of small donations (which average $27, as CNN's pundit team reminded us all night).

As I wrote Sunday night, I'm finding myself among those "feeling the Bern" -- so to speak -- because the plodding, often fruitless realpolitik that the Democratic Party has practiced over the last 25-odd years or so hasn't benefited many people, including yours truly. As a close friend reminded me on Sunday, he recalled a waitress saying during the Clinton Era: "Yeah, he brags about creating 15 million new jobs. I have three of them."

I relate to that comment, as someone holding down four or five ongoing editorial gigs myself. If nothing else, Monday's result shows that Sanders has made his point, which is glaringly apparent from CNN's exit polling. For example, on who's more honest and trustworthy, the margin came out 83-10% in Sanders's favor. On who cares more about voters' problems, the margin was 76-24%. With those numbers, how does Clinton, if she does get nominated, reach the finish line in November? And that's before the FBI shoe drops on the email scandal that she and her supporters currently pooh-pooh away as no big deal. (Shades of that "third-rate burglary" that brought down Tricky Dick, right?)

In fact, it's probably fair to say that without Polk County -- Iowa's largest, most populated jurisdiction -- Clinton might not have gotten the life preserver she needed to eke out her wafer-thin victory. As President Obama;s former top adviser, David Axelrod, pointed out, Clinton's "I've got a great resume" stance is problematic -- because, as he pointed out, "it's all about her. When Barack Obama ran in 2008, he didn't say, 'Yes, I Can," it was, 'Yes, We Can.'" 

I couldn't have said it better myself. However Sanders fares, it was exhilarating to see the response that he drew -- for a moment, it's possible to envision something better, instead of the crap that the donor classes keep shoveling down our collective gullet. I'm tired of the litany of lowered expectations we've heard for so long; if activity breeds activity, then excuses also breed excuses.



"The power to dream / to rule 
To wrestle the world from fools 
It's decreed the people rule
It's decreed the people rule"



Now that the dust has settled from all of the caucusing and coin-tossing, a bigger question looms: where does Bernie Sanders go from here? Well, that depends how he presents his message. A cynical PR type might shrug, "It's all in the packaging." Look at the GOP''s right-wing firebrand, Ted Cruz. He's an Ivy leaguer (Harvard), and his wife works for Goldman Sachs, who bankrolled his first Senate campaign (see the link for how that little transaction played out).

The way Cruz talks, you'd think he's some fire-breathing populist, too -- but he's not, as you might surmise from his proposal to end corporate and payroll taxes, as everyone coughs up 10 percent of their income to Uncle Sam. In other words, this is a guy who doesn't think there's enough inequality in America. That Cruz voters ignore such contradictions without protest speaks volumes in itself, yet underscores one of last week's big lessons: in politics, perception paces reality (just like everything else).

However, if there's another takeaway from last week, it's that "kitchen table" issues still matter quite a bit. As Sanders heads into contests like South Carolina (February 27), I'd suggest that he stick with the kitchen table stuff -- but use it as a hammer to confront the demon of electibility, which is one issue that causes ripples of skittishness among core Democratic voters.

Put another way, as my friend noted in our conversation, manufacturing and textiles all over the South took a pounding after the ink dried on the infamous North American Free Trade Agreement (NAFTA). I don't think it hurts Sanders to remind folks who shoehorned that deal through (uh, this little inequity is brought to you by the letter C), and connect the does to his core argument: if you want "same old, same old," I have a sneaking suspicion where you'll go. if you wanna make history...well, let's have a little chat first before you pull the trigger.


"I believe everything we dream 
Can come to pass through our union
We can turn the world around
We can turn the earth's revolution

We have the power
People have the power...."


The reactions to Sanders's candidacy and Iowa showing also remind me of a saying by the French philosopher Voltaire: "To learn who rules over you, simply find out who you are not allowed to criticize." How else to explain the comments made by Goldman Sachs CEO Lloyd Blankfein, in calling Sanders's challenge a "dangerous moment": "“It has the potential to personalize it, it has the potential to be a dangerous moment. Not just for Wall Street, not just for the people who are particularly targeted, but for anybody who is a little bit out of line."

In other words: "How dare you criticize the almighty Goldman Sachs CEO, the man who knows what's best for the economy that doesn't work for anybody, except folks like him?" Surely, an unimpeachable source on kitchen table issues if ever there was one, right?

Of course, the potential to rack up more baggage didn't prevent Clinton from giving three closed-door speeches to the Goldman Sachs crowd, which she's "thinking" about making public -- we'll see how that one pans out -- for $675,000. Baggage or not, the lure of the dollar is a pretty powerful one (especially for the Clintons). Still, as Clinton told Anderson Cooper during last week's Democratic Party Town Hall, she had no problem with taking the money. Why? "That's what they offered." 

Where I come from, they have a phrase for statements like those: "The gift that keeps on giving."

A more appropriate quote -- beyond the song that I've chosen to soundtrack this post -- is the one that Ohio Democrat Marcy Kaptur offered last week to the Boston Globe, in explaining the force of Sanders's appeal: "The issue that has been the most cutting for the American people has been their economic welfare. Over the last quarter century, they have been dealt such heavy blows. I have always regarded Senator Sanders as one of the most pristine voices on their behalf, whether it was auto workers in Ohio or farm workers from New Mexico."


There you have it: Exhibits A, B and C about "how we got there from here." One speaker nailed it, while the other two wound up dropping the hammer on their foot. But that's no surprise, given the dismal record that the "adults" in the room have racked up -- Iraq Wat, Afghan War, 2008 bailout, lack of economic mobility -- and continue to rack up. So it's no surprise that a fire brigade is coming to put out the Bern....because they'll never get it right, not if they live for another 100 years.  --The Reckoner


UPDATE:  Add former Secretary of State Madeline Albright and feminist icon Gloria Steinem to the adults who don't get it: the former, for suggesting that electing Clinton is the "real" revolution, and the latter, for implying that Sanders' young female supporters are just flocking him "because that's where the boys are," as she claimed to Bill Maher.

Both comments take the cake for chutzpah, though it's harder to tell who's more tone deaf. Albright, apparently, is deploying the "loyalty" argument that Team Clinton is rolling out to sandbag Sanders' embryonic revolution, especially when she states: "There's a special -place in hell for women who don't help each other!" To which the only sane retort may be: "There's a special place in hell for people who keep pulling the trigger in the voting booth for the same people, and getting the same result."

Steinem's comment, on the other hand, is the kind of flip really that established figures like herself use to dismiss or minimize what doesn't make sense. Either way, though, it carries an all too familiar ring to the bottom 99%: Grow up, get on with the program, and get out of the way, 'cause we know better than you do.

My response goes like this: "Nothin' doin'!"  And, from what I'm seeing play out across the land, I'm not only the one. Thank God. Where it goes out from here will be interesting to watch.

"Come mothers and fathers
Throughout the land
And don't criticize
What you can't understand
Your sons and your daughters
Are beyond your command
Your old road is
Rapidly agin'.
Please get out of the new one
If you can't lend your hand
For the times they are a-changin'."
--Bob Dylan, "The Times (They Are A-Changin')"


Links To Go (The Dark Money Crowd Is Aroused):
NPR: The Ted Cruz Goldman Sachs Loan, Explained:
http://www.npr.org/2016/01/14/463093708/the-ted-cruz-goldman-sachs-loan-explained

New York Magazine: Jimmy Carter Lends A Hand To Ted Cruz:
Goldman Sachs Does The Same For Bernie Sanders:
http://nymag.com/daily/intelligencer/2016/02/jimmy-carter-lends-ted-cruz-a-hand.html#

New York Times:
Gloria Steinem And Madeline Albright
Scold Young Women Backing Bernie Sanders:
http://www.nytimes.com/2016/02/08/us/politics/gloria-steinem-madeleine-albright-hillary-clinton-bernie-sanders.html?_r=0

Salon.com: American Capitalism Has Failed Us...:
http://www.salon.com/2016/02/04/american_capitalism_has_failed_us_were_overworked_underemployed_and_more_powerless_than_ever_before_partner/

The Washington Post: The Daily 202:
Hillary Clinton Makes Her Wall Street Problem Worse:
https://www.washingtonpost.com/news/powerpost/paloma/daily-202/2016/02/04/daily-202-hillary-clinton-makes-her-wall-street-problem-worse/56b23083981b92a22df007c1

Tuesday, May 22, 2012

Capitalism & Psychopathic Behavior: Do They All Know Something That We Don't?


We may detest them, question their morality and pine for the era when Republican presidents like Nixon were (gasp, shock, horror!) "scared" of the Democrats...but th tope 1 Percent aren't going down without a fight.

We're often reminded to thank the 1 Percent for keeping their moneybins humming...because it'll all trickle down to the bottom, eventually...the key word being, "eventually." This is the line pushed by uber-capitalists like Mitt Romney: "Gol-dern it, if everybody would just get the heck out of my way, I could roll up my sleeves, and create a fountain of jobs to keep everybody happy." 

Of course, the vast majority of workers -- whose wages, remember, have been kept artificially flat for nearly 30 years now -- might beg to differ, having little to show for their efforts at the box office.

But that doesn't stop these guys from laying on the chutzpah with a mason man's trowel -- as we'll see this month, when one of Romney's former Bain Capital  colleagues, Edward Conard, publishes his book, Unintended Consequences: Why Everything You've Been Told About The Economy Is Wrong. The publisher, appropriately enough, is named (wait for it) Portfolio.

Conard's basic thesis is that America's record levels of income inequality are actually good for all of us, because it shows that the system is working, and if only those pesky social do-gooders stepped aside, the 1 Percent could get on with the job of showering their benevolent god works on the rest of us.

In fact, Conard goes so far as to argue  that “the wealth concentrated at the top should be twice as large.”  With fabulous understatement, the New York Times notes: "This could be the most hated book of the year."  Ya think?  Maybe we can file this little tome under, "Man bites dog," and call it a day...

...or maybe not.  In another article published on May 10, the New York Times quoted a survey that claimed 10 percent of all those working on Wall Street are "clinical psychopaths" who show little empathy or interest towards others, and are prone to“unparalleled capacity for lying, fabrication, and manipulation.”  By contrast, the newspaper noted, the actual proprtion of psychopaths nationwide is closer to (wait for it again) 1 percent.

Unfortunately, the Times doesn't cite the source -- but it's easy to draw similar conclusions from the nation'sbusiness pages. This is the white collar police blotter, where no practice is off-limits -- from accounting fraud, to bid rigging, overbilling, perjury and tax evasion -- the list goes on and on.

The Reckoner gently suggests that these things happen because capitalism's driving impulses (make money, reward shareholders) are incompatible with any humanitarian impulse that might be attributed to the 1 Percent. As the Times's article notes,  "These aren’t anomalies; this is how the system works: you get away with what you can and try to weasel out when you get caught."

We received many, many warnings of how these tendencies might play out, if left unchecked -- as Bret Easton Ellis noted in his novel, American Psycho (1991), whose degenerate central character, yuppie investment banker Patrick Bateman, gleefully cannibalizes, murders, rapes and tortures his way across the midtown Manhattan playground that he inhabits. He shows no remorse for his actions, nor does he feelit necessary to explain them.

Many of Ellis's larger points got lost in the resulting protests, but as of 2012, Patrick Bateman shows no signs of departing the landscape...as proven by American Psycho's staging as a musical, in London...and the announcement of a June 2012 U.S. production, The American Play, which is also based on the book.

As all these various anecdotes of capitalism = psycohpathy suggest, it's tempting to ask, "Do they all know something that we don't? Too much for comfort, perhaps. The mind boggles. --The Reckoner