T'ain't funny, Magee*
Wow, this is massive. After years of promising the benefits of trickle-down theory to the masses, we are finally see it come to fruition - all of the pain is coming down squarely on the folk who have helped support our behemoth financial institutions for years. When times were good, the rising tide lifted a lot of yachts. But now that times are growing increasingly harsh, there is a magnanimous nature in the sharing of pain.
Wall Street has gone beyond its tantrums and is in full-fledged panic now. People are scrambling around looking to stop their losses in any possible. Wealth is vanishing at a frightening clip.
And still it could be worse. Your social security could be in this mess.
*And yeah, if you were alive when that quote was first coined, then you remember how dire things can really get.
The Le Guin Award - So, thanks to J.'s sharing the link to this piece, I found out about the new Le Guin Award, which celebrates non-violent solutions to problems. Too many ...
1 day ago