Showing posts with label economic crisis. Show all posts
Showing posts with label economic crisis. Show all posts

5.20.2009

Cash for Clunkers, bad idea!

Cash for clunkers
We are freakin' incentivizing unnecessary consumption and putting people into MORE DEBT! That is the problem here!

Obama meets up with financial leaders, surprise.
We are here again distracting from the real issue, which is a fundamentally flawed economy. I posted on RawStory in the comments, saying,"
The article quotes the president talking about building "green jobs" and new forms of energy. Do these two things, as important as they are, (I am a sustainability expert after all) have the impact on the economy as a whole to make the changes we need to make in our money system? If this is so, prove it, please. Because I argue that no, it doesn't. I grant that we need to work HARD for environmental sustainability if we want a rosy future for the world as a whole, but unless a sustainable economic system is not the foundation for it, it will not be enough.

Why did Obama's meeting concentrate mostly on energy policy in a meeting with his top financial advisors? Weren't they supposed to be talking about the broader economic problem? Seems like a little publicity stunt trying to get people behind a New Deal-like big gov't "solution" that will "end our problems once and for all." It is a distraction from the real problem at hand, which our government is perfectly happy to gloss over, because it is to their political benefit to perpetuate the problem, which I think they sometimes don't even really understand. If BO really saw the folly in this spending spree, would he really be doing it? Yea yea, we all know, a politician has gotta spend money on "helping people," "helping the country" if they want to get reelected, which is to their benefit because it keeps their job stable and gives them the opportunity to throw bones to their contributors and possible future employers.
And this idea of America leading into the new green economy is silliness. I agree that we should lead by example in this regard, but again, can we export renewable energy installation? Can we export our infrastructure that is always talked about? Nope.
And isn't the problem today that we have a massive trade deficit that is leading us over a cliff on our mountain of debt? Yes, at its root, that is the case. The more the gov't must borrow to finance the renewable energy or other green jobs sector, the more they exacerbate the real problem this country faces, which is that it doesn't contribute anything of value to the world economy anymore, and must borrow borrow borrow and spend spend spend to maintain the standard of living we so enjoy today. It's fake. This is not partisan politics, it is straight up common sense mixed with a good understanding of reality. And sadly, these unflinching supporters of Obama are behind him again and fervently avoid educated, logical, and relevant discourse.

11.18.2008

Raw Story ain't perfect, but at least they're saying this stuff

I hate to push down the pertinent posts about our membership drive and the Fed protest, but I read a great article about this financial situation that is good reading material/fodder for talking points for the protest, etc.
More on Naomi Klein, I'm getting her book Shock Doctrine for sure.

InBev completes purchase of Anheuser-Busch... Shit. I wonder what the total US and World market share is of this new monster company. Another article says it's now one of the 5 largest consumer goods companies in the world. Yowza. "The new company will have sales of about 36 billion dollars a year, offering consumers about 300 brands, including Anheuser's Budweiser and Bud Light, and InBev's Stella Artois and Beck's."
Good thing I don't drink any of that anyway... Please boycott big brewers, people. These guys really stifle creativity and diversity, and even if you don't care about beer, when you do drink it, at least make it something good. It's usually only a buck or two more.
Maybe my next photoshop job will be a Bud box... hmmm, back to you on that one.