From Pine View Farm

2013 archive

The Hollow Men 0

Zandar on Rand gestures.

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Wars-On and Rumors of Wars-On 0

It’s all too much–hype, that is.

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Goldman’s Sacks 0

At MarketWatch, Paul B. Farrell asks a question:

Bogle saw a “happy conspiracy”>Let me remind you again of John C. Bogle’s great classic, “The Battle for the Soul of Capitalism: How the Financial System Undermined Social Ideals, Damaged Trust in the Markets, Robbed Investors of Trillions.” That was 2005, Vanguard’s founder warned us Adam Smith’s “invisible hand” was no longer driving “capitalism in a healthy, positive direction.”

Bogle saw a “happy conspiracy” of Wall Street, Washington and Corporate America was spreading a “pathological mutation of capitalism” driven by the new “invisible hands” of this conspiracy pushing their selfish agenda in a war to control American democracy and capitalism. Goldman Sachs had a winning hand, and the competition wanted one too.

They won: Democracy is dead. Capitalism is dead. Our moral compass is broken. More proof? See for yourself the 13 signs of the “pathological mutation of capitalism” that Bogle fears. How it’s metasticized right under our noses. How Goldman’s pathogens spread so rapidly since the 2008 crash they are infecting every other Wall Street bank, plus the global Big Banks Conspiracy, the world’s top hundred banks?

Follow the link for his answer.

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Too Big To Jail 0

Unsettling settlements.

Via C&L.

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“An Armed Society Is a Polite Society” 0

Show courtesy to other drivers.

A 61-year-old man is expected to be charged with murder in connection with the shooting death of a Chicago man nearly 40 years younger over a traffic dispute.

If both drivers had fired guns and offed each other, the balance of politeness would have been maintained.

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The Salvage Tour 0

Visit NBCNews.com for breaking news, world news, and news about the economy

Meanwhile, the Cooch is budget-minded (wait for it; it’s at the end).

Of course, compared to Vince, these guys are pikers.

Via Raw Story.

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QOTD 0

Pete Seeger:

Education is when you read the fine print; experience is what you get when you don’t.

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Head ‘Em Up! Move ‘Em Out! 0

Via Atrios.

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The Silence of the Regency 0

After all, some things are best left unsaid.

Gov. Bob McDonnell says he and a businessman who gave him and his family more than $160,000 in gifts never discussed the state tax problems of the businessman’s company.

“Absolutely never,” McDonnell said Friday, during a visit to Salem to announce a series of grants to school boards for a new teacher incentive pay program.

Indeed, he never even knew of it.

No indeedy not.

Just ask him.

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“I’m Going To Hold Your Breath until I Get My Way” 0

Daniel Ruth points out that, when it comes to Marco Rubio and Ted Cruz, “J. D.” most definitely does not mean Juris Doctor (emphasis added):

Most of the nation’s Republican governors, even those who adamantly oppose Obamacare, have cautioned Rubio, Cruz and the Gang of Kaztenjammers that shutting down the federal government would have a catastrophic impact on their state economies.

But Rubio and Cruz have never had to manage a business or a bureaucracy. Threatening to shut down the country because you didn’t get your way is not statesmanship. It’s juvenile delinquency.

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Synchronicity 0

I always look forward to Bob Molinaro’s Saturday column in my local rag. It’s a parade of short takes on sporting silliness.

Technology can be a wonderful thing. The San Francisco 49ers’ new stadium, set to open in time for the 2014 NFL season, will feature an app that keeps fans updated on the length of bathroom and beer lines. There’s a clear symmetry to an app like that.

Read the rest.

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Update from the Foreclosure-Based Economy 0

Process servers’ job prospects wane in Tampa Bay:

Seven out of the ten local homes sold last month were non-distressed, the highest rate of conventional sales in five years. As the cheap foreclosures and short sales that once dominated the market dry up, the broader market’s prices will continue to climb.

Though cash buyers remain king of the market, buying up 42 percent of the homes sold last month, their share of the local sales slid for the seventh month in a row. Cash-rich investors from hedge funds to local flippers are finding fewer home deals that could leave them room to earn a profit.

Anything that keeps hedge funds out of a marketplace is a good thing.

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Damned If You Do . . . . 0

Republicans in 2012 (Benghazi):

Via Bob Cesca’s Awesome Blog.

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Corporate Kleptocracy and a Living Wage 2

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When Quid Met Quo and Quo Said No 0

There’s a difference between corruption and cronyism, even though the two often come in a blend, like a toxic mai-tai. Corruption is about what you can get; cronyism is about who you know.

This looks more like the latter than the former, but it still signals an absence of good judgment. Good judgment goes out of the way to avoid offering a plum to someone to whom you are indebted.

A Virginia Beach radiologist who loaned $50,000 to a real estate company owned by Gov. Bob McDonnell and his sister was subsequently offered an appointment to a state medical board, but he turned it down.

Paul Davis told The Washington Post he has been friends with McDonnell for more than a decade. He said he believes the appointment offer was unrelated to the loan he gave MoBo Real Estate Partners in 2010.

The doctor turned down the post.

Details at the link.

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QOTD 0

Elbert Hubbard:

The recipe for perpetual ignorance is: Be satisfied with your opinions and content with your knowledge.

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Dustbiter 0

The masters of the universe continue to upend themselves. There’s one fewer bank tonight.

Shed no tears for

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Espresso, Extra Glock 0

Just a shot away.

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Cooch and the Cuckoos on the Couch 0

At Psychology Today Blogs, Marty Klein tries to understand Cooch and the Cuckoos pervy fascination with what other folks do in their bedrooms.

He concludes that it’s all about politics: creating a monster to hate so as to rally the troops.

A nugget:

The question for America (yet again) is about our desperate, recurring need to create a sexual “them,” an “other” whose sexuality is drastically different from ordinary people’s, and dangerous to everyone. So even though an overwhelming majority of American couples have oral sex at some point, millions of people around the country support outlawing it.

Politicians, religious leaders, and do-gooders use oral sex—and sodomy, non-monogamy, S/M, vibrator use, and other common erotic behaviors—as code for “those people aren’t like us,” even when “those people” ARE like us. In fact, they ARE us. But creating a dangerous, degenerate, out-of-control sexual “other” is such a dependable trope for motivating people, no political, religious, or civic leader can give it up. They are captivated by the power the trope gives them.

Follow the link for more.

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Everybody Must Get Fracked . . . 0

. . . behind closed doors.

From Asia Times:

At the beginning of this month, the Pittsburgh Post-Gazette revealed that in 2011 a Pennsylvania family reached an unprecedented settlement with an energy company fracking near their property. It included gag orders on the family’s two children, ages seven and 10 at the time of the settlement, which prohibit them from, at any point in their lives, discussing their experiences living near a fracking site.

This revelation came only days after the Los Angeles Times reported that it had obtained a set of government-censored Powerpoint slides related to a study by the Environmental Protection Agency. The slides conclude that fracking was indeed polluting the aquifer in question.

Critics of the controversial extraction method note that these examples are part of an overall cover-up strategy being employed by the oil and gas industry.

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