Sunday, January 12, 2014

The Republican House Does't Even Pretend to Serve the People

So they've now passed a law that will relieve corporations that produce hazardous waste of paying the price to clean up their spills.  Companies will no longer be required to carry insurance that will cover the costs should a spill occur.  Also this makes it more difficult for the EPA to enforce oversight.

Fortunately the Senate won't pass such a bill and even if they did Obama would veto it.  But you can still see how far gone our government is, passing legislation that only the 1% would want, the ones that care about profits only and don't suffer the consequences.  And maybe don't have kids or if they do they are too selfish to care about them.  Maybe this is only a small share of the 1%.  They have the House in their pocket already.  This kind of thing could come later as inequality expands and the rich collect more power.

This is in the very nature of capitalism.  I sometimes wonder if the CEO's and others that initiate the lobbying that leads to this kind of legislation in their hearts hope the politicians refuse, but they know they have to press for maximum profits or they will be replaced or at least criticized to where a competitor can start to look more appealing to the investors and board.  It's possible, though the best advocates of these policies are true believers.  Maybe they are psychopaths.

Wednesday, January 1, 2014

Chomsky Addresses Federal Reserve/Deficits

As much as I sympathize with the Ron Paul wing of the Republican party I think some of their criticisms and proposed solutions are just not in the real world.  Very theoretical and impractical.  Chomsky takes a question from a person that is probably among the Paul faction below.