From Pine View Farm

Mammon category archive

Greecing the Skids 0

Bonddad analyzes the promise of austerity as economic policy and finds it lacking. Here’s a bit; follow the link for the rest.

Greece has already cut government spending by about 23% since 2009. ?That is called austerity, Jazz. Let’s see what kind of effect it has had on the economy, starting with total GDP:

Chart showing downward trend of Greek economy under auterity.

Total GDP at constant prices has decreased about 25%. That means there has been NO GROWTH. For the economically challenged, NO GROWTH IS BAD.

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Support the Troops, Bushie Style 0

You can’t make this stuff up.

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The Privatization Scam 0

It’s taking a toll.

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The Privatization Scam 0

Jim Hightower has the latest in hip new cool cons.

And now comes a new level of monetizing public education: The ubiquitous yellow school bus. Yes, just getting to and from school is increasingly being treated not as a necessary public service, but as a private “luxury” to be billed to the families of students. Districts in California, Colorado, Hawaii, Indiana, Massachusetts, Texas, and elsewhere are charging around $400 a year per child. For the poor and the downwardly-mobile middle class that’s a real hit – yet another barrier to educational access for America’s majority. What’s next – a daily debit-card deduction for kids to enter a classroom?

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“Branding” 0

You can’t make this stuff up.

What a con.

And, in related news . . . .

Furrfu.

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Safe as Houses 0

YouTube chose to preface this video with a commercial for–wait for it–make-up.

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The Fee Hand of the Market 0

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Your Drugs on Brain 0

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Chartering a Course for Disaster 0

It’s all about the grift.

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Football Fiduciaries 0

Ahh, the financial industry, a rock of integrity and strength.

Brian Bennett had a pretty surefire system to score tickets to any sporting event or concert he wanted—including $1,200 seats to a 2011 New England Patriots game at Gillette Stadium, according to federal prosecutors.

All he had to do was betray his employer and its clients’ confidence, prosecutors have said, committing wire fraud conspiracy in the process.

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Sticker Schlock 2

The Milwaukee Journal-Sentinel tries to make sense of consumer health care prices and finds out that it can’t.

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A Wealth of Water 0

The rich in Cali use more water than the not-rich. That wouldn’t be a surprise anywhere.

The disparity in usage, though, does take one aback (emphasis added):

Both communities receive their water from the same source — the East Bay Municipal Utility District — and both are bound by the same conservation rules and rates. But the residents of San Lorenzo, a working-class Alameda County suburb along Interstate 880, use a mere 51 gallons of water per person a day. In Diablo, an affluent community just over the hills in Contra Costa County known for its country club and tree-lined private streets, residents use nearly seven times more water — 345 gallons per person per day.

The massive difference highlights an issue that has become more clear across California as the drought has worsened: Wealthy areas are using dramatically more water than lower-income areas.

The story goes on the explain that the rich are doing it because they can.

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A Fair Day’s Work for a Fair Day’s–Oh, Wait 0

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Walmart: Not Just Jobs that Get Moved Overseas 0

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The Snaring Economy 0

“Independent contactors contractors.”

Yeah.

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And This Surprises You How? 0

Unlimited my anatomy. There are always limits.

AT&T Mobility LLC has been slapped with a record $100 million fine for offering consumers “unlimited” data, but then slowing their Internet speeds after they reached a certain amount.

The Federal Communications Commission said Wednesday that the company misled consumers into buying plans they believed would give them unlimited ability to send and receive data, including Web browsing, GPS navigation and streaming videos. But the FCC said that once the consumer hit a certain level, the data on unlimited plans would be slowed down significantly, at speeds lower than advertised.

AFAIC, the only “service” Southwestern Bell Cingular AT&T provides is to make Verizon look like a good corporate citizen by comparison.

Of course, AT&T intends to appeal because doublespeak.

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The Privatization Scam Charters a Course for Disaster 0

Freeda Cathcart explains the scam. Here’s a bit:

SOL is an acronym for a profanity meaning an unfortunate circumstance. Now it’s also an acronym for Standards of Learning, which is a series of high-stakes standardized tests that happens to be an unfortunate circumstance for our commonwealth and nation.

Your tax dollars are responsible for paying for this unfortunate circumstance. Jason Turesky and Charles Chieppo of the Pioneer Institute describe our nation’s testing program as a $16 billion federal mandate. Most of those public funds are going to for-profit corporations not subject to transparency or accountability.

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A Grift of Higher Education 0

In the Milwaukee Journal-Sentinel, Saul Newton dissects Wisconsin Governor Scott Walker’s war against learning. A snippet:

The truth is Scott Walker’s war is not limited to the University of Wisconsin System. Walker is executing the Bradley Foundation’s ideological crusade to undermine institutions that serve the public instead of exploit them for profit. In Walker’s war, economic development is no longer a tool to create jobs, grow business, and support the middle class, but is instead just a giveaway for his wealthy donors to profit from taxpayer dollars.

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The Fee Hand of the Market 0

If corporations are people, my friend, they are really terrible people.

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The “Off-Label” Medicine Show 0

Here’s some iodine. Have a swig if you break your arm.

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