-
lupita commented on the diary post A Modest Proposal: The Anti-Corporate Alliance by OhioGringo.
The privileges corporations enjoy, such as peace, infrastructure, “flexible” labor force, law and order, etc. should come with a set of obligations to society, such as working for the common good and contributing to the nation. Of course, this notion that rights come with duties goes against the notion of individual freedom to pursue profit. [...]
-
lupita commented on the diary post Percentage of population with a job drops to 58.1% by papau.
Maybe people think there are more important things that having a job for the glory of GDP growth, like studying and taking care of children and parents.
I do not see any direct relation between higher rates of participation in the labor force and national well-being.
-
lupita commented on the diary post What the hell is going on? by wobbly585.
“Well could somebody please tell me where the money has gone?”
Quite a bit has gone to fighting wars of choice, buying US Treasuries and, in general, helping the US maintain global military and financial hegemony.
Being the US’ poodle comes with its costs.
-
lupita commented on the diary post Till Debt Do Us Part by Thomas P. Davis.
No mention of military spending?
No mention of the US dollar and the US’ AAA (now AA+ with negative outlook)rating being at the core of the global financial system?
Why?
-
lupita commented on the diary post Money is the least of what has been lost. by radicalee.
Your post is a very good description of decadence, and yet, you did not use the word. However, I do not believe the world at large is going through this process. For example, the Arab world is having its Spring, China is strongly emerging as a world power, all Uruguayan children have been given a [...]
-
lupita commented on the diary post China TELLS America to Cut Military and Social Welfare Spending. by Robert Alexander Dumas.
What a nice little China-bashing thread.
-
lupita commented on the diary post Wisconsin: Right wing Talking Points – Rebuttal Please? by Synoia.
The I Ching says: The struggle must not be carried on directly by force. If evil is branded, it thinks of weapons, and if we do it the favor of fighting against it blow for blow, we lose in the end because thus we ourselves get entangled in hatred and passion. The best way to [...]
-
lupita commented on the diary post Oligarchical duopoly’s rolling threat to shut down U.S. government – General Strike! – World stops paying bill for us military by Jack Lindblad.
Worth re-posting: The debt remains unaddressed and is unsustainable Six wars and 1000 militarist U.S. bases opted to spend 40 cents of every dollar on the debt and 50 cents of every dollar on militarism More than 50 cents on every worthless dollar is misspent of U.S. militarist adventures to secure an unsustainable oil-based economy [...]
-
lupita commented on the diary post Is Matt Yglesias even dumber than Megan McCardle? by jest.
Stop reading him. I do not understand why anyone, including those at crookedtimber, would devote even one post to him. Maybe his particular brand of stupidity makes others want to refute him, point by point, but to what effect? Surely you have better things to do with your time. Consider reading him an unhealthy weakness [...]
-
lupita commented on the diary post How to Reduce Debt without Dieting by lupita.
I obviously did not explain myself adequately. I meant to equate overeating on junk food with paying for wars of choice with debt. Police, health, education are supposed to be the vegetables in my metaphor. I also meant to distinguish between spending money you have with going into debt to spend. I am pretty sure [...]
-
lupita wrote a new diary post: How to Reduce Debt without Dieting
Suppose this guy, let’s call him Sam, has always been a bit overweight, about 5 pounds. After the 911 attacks, he felt so distraught he stopped going to the gym and started gaining an extra pound every two years. By 2008, when Lehman Brothers went under taking Sam’s pension with it, he was already 10 [...]
-
lupita commented on the blog post The Big Pivot
Hi. Maybe later today. It is about structural issues that must be addressed instead of going through these dramas.
-
lupita commented on the blog post The Big Pivot
“On the bright side, BarryO has probably solved the immigration problem by turning it into an emigration problem.”
Actually, congress is counting on immigrants to fluff up the labor force and thus grow GNP. From the CBO report:
“CBO has raised its long-term projection of immigration, which implies faster growth in the labor force.”
Seems the deficit will be even higher than projected since the foreign worker population has shrunk by half a million per year during the past three years.
-
lupita commented on the diary post Little Things People Like to Forget About The Debt Ceiling Debate by jennrey.
People also forget: 9) World’s savings stand at $7.5 trillion, so even if debt is not capped by congress, it is capped by reality. 10) Citizens around the world would prefer to use their national savings to save their own region (if you are European) or develop their own country (if you are a 3rd [...]
-
lupita commented on the diary post The Beating Goes On by lmka.
“why do so many public progressives CHOOSE TO LOSE, and why do so many progressive and lefty citizens put up with this?” I think it is because most leftists are not really so. Many simply approve of a more equitable internal distribution of what is looted from abroad with the backing of drones, military occupations, [...]
-
lupita commented on the diary post How Abortion Caused the Debt Crisis by RHRealityCheck.
Unfortunately, the crisis is real. The US’ initial deficit (before it was cut $1.5 trillion) was $7 trillion. Just to put this number in perspective, the reserves (savings) of the entire world are $7.5 trillion. Does anyone really think that the entire world will hand over its savings so the US can burn it in [...]
-
lupita commented on the diary post What Will the Revolution Look Like? by vector56.
Target the system’s Achilles heel with a concerted Anonymous attack against banks, pharmaceuticals, non-cooperating media, and any institution deemed non-revolutionary. Once the system crashes – a month, max three months – I don’t know. We may have to ask Topiary. He seems a bright boy.
-
lupita commented on the diary post Progressives, Democrats, and Eternal Optimism by cassiodorus.
I do not think that a nation that just budgeted $700 for the Pentagon can speak of austerity. I would call it warped priorities.
-
lupita commented on the diary post CNN Interviews on Debt Deal: Knaves, Thieves and Liars by Scarecrow.
You people do know that there is a $700 billion defense budget, don’t you?
I find it very curious to read all these posts about your concern for suffering poor orphans and widows and yet nobody mentions how all that money is wasted on imperial delusions.
-
lupita commented on the diary post We must now draw the line in the sand: there will be no cuts to Social Security, Medicare or Medicaid or we will march on Washington and shut down the government by oldionus.
Are we also drawing a line against increased military expenditures? Are we for cutting the defense budget? Drastically?
- Load More
