Wednesday, July 23, 2008

Road Game Melee

Sparks' Candace Parker at center of late scuffle
Parker Ejected in Sparks Brawl


Wednesday, July 16, 2008

Now hidden, now open

Looks like more and more people are beginning to see through the lies this system is based on.

How bad will it get?
Well, at least the billionaires and hedge fund managers made money. Now, we working class people will face the pain from their extravagance and excess. Their free market correction consists of them taking the money and running, while workers suffer the attendant consequences.

Americans may be losing faith in free markets
When the cognitive dissonance between the ruling class propaganda and people's actual experience becomes too great, they begin questioning the false premises this society is based on. The only thing free markets have done, ever, is make the rich all the more richer. The best part is the end of the article where reformism is hinted at.

Why the Bail Out of Freddie Mac and Fanny Mae is Bad Economic Policy
The Wall Street Journal seems closer to reason than the Democratic Congress. Over the weekend its editorial clarified what socialists since Marx have been saying: "What taxpayers need to understand is that Fannie and Freddie already practice socialism, albeit of the dishonest kind. Their profit is privatized but their risk is socialized."

Capitalism's very foundation is the socialization of labor, risk, whatever, and the privatization of profit. The parasites (capitalists) are usually good at obfuscating this, but when the inevitable crisis inherent in the system exposes them, the fact of exploitation is revealed to all.