Ulrich Beck, a German sociologist, is credited with the term “organized irresponsibility.”I find it a compellingly descriptive term that reveals something important about capitalism in the 21st century. It is the natural child of a mature capitalist system where the last remaining value, shareholder value, is to be maximized at any cost; any cost, not […]
Tag: First U.S. Congress
Ryan's World
Representative Paul Ryan (R-WI) released another budget which was narrowly passed last week by the House of Representatives. This plan is not, as Mr. Ryan stated, an invitation to the president nor United States Senate. Invitations are reserved for dinner parties. But such is reality in Ryan’s world. My gut says Paul Ryan is still miffed at […]
Paul Ryan and the GOP Autopsy
Some thoughts on the Republican National Committee’s “Growth and Opportunity Project,” AKA the autopsy: While it’s laudable that they decided to take a close look at the train wreck that was 2012, deciding to do it themselves was akin to letting a surgeon operate on himself. Talk about malpractice. No, if the Republican Party really […]
Economics For 'Dummies'
Barney Frank and the Bums of the Navarone
Atlas Chugged
Every runt eventually gets his comeuppance. Paul Ryan is getting his served on a silver platter, and it couldn’t have happened to a “nicer” guy. The former VP candidate for and intellectual soul of the Republican Party is being torn to shreds over his latest budget, which, it seems, has more holes in it than […]