From Pine View Farm

Mammon category archive

Courting Disaster 0

When is a bribe not a bribe?

Why, when it’s ex post facto, of course.

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No Surprises Here 0

The Pittsburgh Post-Gazette’s Gene Collier considers tonight’s debate between Biden and Trump and wonders

Why, other than that CNN might enjoy holding 70 million viewers for a time slot or two, are Joe Biden and Donald Trump sharing a stage again for the first time in four years?

Put another way, the same question goes, debate what?

Methinks he has a point.

Follow the link for the rest of his thoughts.

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The Privatization Scam 0

The Arizona Republic’s E. J. Montini finds himself disgusted, but not surprised, at the money grab.

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Devolution 0

At the Las Vegas Sun, Darryl Cornelius describes a descent.

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The Privatization Scam 0

Man fitting tire labeled

Click to view the original image.

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This New Gilded Age 0

The Des Moines Register takes issue with Iowa’s recent attempts to bring back child labor. Here’s the beginning of the editiorial:

Iowa businesses have been openly disregarding federal rules about when and how much children can work, and the federal government has taken notice. Who are the victims?

    1. The exploited children.
    2. The owners and managers who scheduled the exploited children.

If you picked 2, congratulations! You’ve mastered the increasingly popular art of transforming guilt into grievance.

Follow the link to learn who’s truy the victims here.

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Monetization Nation 0

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They Will Still Find a Way 0

Ostrich labeded

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The Fee Hand of the Market 0

CEO says to underling,

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The Crypto Con 0

Writing at the Washington Monthly, Graham Steele, expresses concern that Congress might fall for the Crypto Con. He notes that

Last month, a bipartisan majority of the House of Representatives passed a bill to deregulate the cryptocurrency industry. The Financial Innovation and Technology for the 21st Century or “FIT 21” Act passed with 71 Democratic votes and now heads to the Senate for consideration, where there appears to be bipartisan interest considering the measure. And while the White House released a statement of opposition, it did not threaten to veto the legislation. But even if the bill dies in the Senate or on the president’s desk, its progress is still worrisome because it might augur that an inadequate regulatory regime is coming for the booming crypto economy.

Follow the link to find out why he thinks this bill is a not very good really really bad exceedingly stupid idea.

Aside:

If you want to learn more about the Crypto Con, check out Harry Shearer’s Le Show, where he has a regular feature on the “Crypto Winter.” (Click on an episode and you can see what topics are covered in that episode and what time they appear.)

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This New Gilded Age, Reprise 0

Paul Krugman offers a theory as to why many of the rich seem to be support Donald Trump, despite his obvious incompetence;

Why would billionaires support Trump? It’s not as if they’ve done badly under President Joe Biden. Stock prices — which Trump predicted would crash if he lost in 2020 — have soared. High interest rates, which are a burden on many Americans, are if anything a net positive for wealthy people with money to invest. And I doubt that the superrich are suffering much from higher prices for fast food.

Wealthy Americans, though, are surely betting they’ll pay lower taxes if Trump wins.

Follow the link for his reasoning.

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This New Gilded Age 0

Thom discusses how trickle-on economics has made the rich richer and the poor poorer.

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The Fee Hand of the Market 0

Sam talks with Judd Legum about how corporate landlords are using hiding behind software to collude to raise rents.

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Fly the Fiendly Skies 0

You just might fall to the ground go Bo(e)ing! Bo(e)ing!

At The Seattle Times, Debra Katz and Lisa Banks look at what went wrong at Boeing. A snippet:

Boeing is a great American company, but it is rotting. The rot comes directly from its leadership, leadership that got rich not because they are committed to building great airplanes, but by cutting costs and pushing out the skilled engineers who are the lifeblood of the company. Boeing claims to be turning a corner, but its actions betray any real commitment to safety.

Follow the link for their reasoning.

And, in more news of the fiendly skies . . . .

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The Privatization Scam 0

Thom dissects the con behind Medicare (Dis)Advantage and the con that is coming.

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Freedom of Screech 0

More evidence that twits own Twitter of X offenders: “Likes” will no longer be visible. At Joe.My.God,Joe Jervis observes that Elon Musk recently got royally roasted for “liking” a post by an avowed Nazi and comments:

Aside from protecting people from backlash for liking, say, pro-Hitler and racist content, this change will also dissuade users from encouraging content that that they agree with since likes will now be anonymous.

But obviously, the main intent of this move is to elevate the posts of extremists, as you can plainly see by the post below by X’s official account.”

Follow the link for context.

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Copyrights and Copywrongs 0

Dr. Frankenstein says,

Click to view the original image.

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The Privatization Scam 0

Thom talks with Dr. David Himmelstein about the deleterious effects of Medicare (Dis)Advantage.

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Courting Disaster 0

The Pittsburgh Post-Gazette’s Gene Collier finds himself doubting (Clarence) Thomas.

Learn why.

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This New Gilded Age 0

Mike and Farron discuss the exploitation economy (plus a little Tik-Tok).

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