From Pine View Farm

Mammon category archive

Courting Disaster 0

The hustling hustler.

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The Crypto Con 0

Couple standing at tax prep office to man behind desk.  Wife says,

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Courting Disaster 0

Gene Collier, writing at the Pittsburgh Post-Gazette, fears that the current Supreme Supremacist Court is forsaking the rule of law for the rule of flaw. A snippet:

The Court’s ability to grasp what is plainly and legally obvious, you might remember, is another foundational American pillar that ain’t what it used to be.

Follow the link to see why he said that.

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Courting Disaster 0

Robert Reich gives his take on the take.

Or you can read the transcript.

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“Greedflation” and This New Gilded Age 0

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The Chosen 0

Mike Johnson stands behind a podium labeled

Via Job’s Anger.

Aside:

Today’s Republican Party is a vile and loathsome thing.

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A Picture Is Worth 0

At the climate conference in Dubai, oil executives basking in oil and oil riches at the Dubai as other listen to a lecture on stopping the use of fossil fuels.

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Our Polite Society 0

Thom discusses America’s most exceptional exceptionalism.

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The Crypto Con 0

Michael Hiltzik, a columnist for the Los Angeles Times, has had enough.

. . . it’s impossible to escape the conclusion that as an asset class, crypto is so infected with criminal behavior and so lacking in useful purpose that the only proper regulatory approach is to eradicate it.

Follow the link for his reasoning.

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Speaking of Greedflation . . . . 0

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This New Gilded Age 0

At the Pittsburgh Post-Gazette, Gene Collier forcefully argues that what lies behind many price increases is not, as Republicans would have you think, inflation, but, rather, greedflation. Here’s a bit from his article:

Last week, a jury in the Northern District of Illinois found unanimously that multiple American egg producers conspired to limit the egg supply in order to raise prices, using the same market-rigging practices they’ve deployed since at least 2004.

Such price-tampering methods included exporting eggs to reduce the domestic supply and limiting the number of chickens through various means including artificially limiting cage space, flock reduction, and “early slaughter.”

(snip)

The result of all that, you’ll doubtless recall, was ridiculously high egg prices Republicans blamed on Joe Biden, the old chicken farmer. More pointedly, it validated what some economists had taken to calling greedflation.

His whole piece is worth your while.

Afterthought:

This is the result of not enforcing anti-trust laws, of thinking that trusts can be trusted.

The first Gilded Age taught us that they could not, and we chose to forget that lesson.

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Medicare Disadvantage, Reprise 0

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Industrial Revolution Redux 0

San and his crew talk with Brian Merchant, tech columnist at the Los Angeles Times, about what the who-shot-john about “artificial intelligence” is actually about.

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Fly the Fiendly Skies . . . 0

. . . and you just may just get left holding the bag.

Boy, am I glad that my days of stepping on airplanes once or twice a month are behind me.

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Where Too Much Is Never Enough 0

Frame One, titled

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The Crypto Con 0

Binance President pleads guilty to not preventing money laundering.

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How Far Will Wells-Fargo? 0

Pretty damned far.

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The Crypto Con 0

Sam and the crew talk with Jacob Silverman about Sam Bankman-Fried’s conviction for multiple financial crimes.

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The Privatization Scam 0

The Arizona Republic’s Laurie Roberts follows the money.

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Medicare Disadvantage 0

Over at Delaware Liberal, retired Delaware State Representative John Kowalko explains in detail why Medicare Part C, also called “Medicare Advantage,” is a con and a scam less desirable alternative than traditional Medicare (Medicare Parts A and B, plus a “stopgap” policy).

If you or someone you care about is using or considering using “Medicare Advantage,” the post is well worth a read.

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