Feed on
Posts
Comments



Taste and Compare

The NY Times, this morning, says the Occupy Wall Street protestors don’t know what they’re doing, or why:

“This,” presumably was the opportunity to air societal grievances as carnival. Occupy Wall Street, a diffuse and leaderless convocation of activists against greed, corporate influence, gross social inequality and other nasty byproducts of wayward capitalism not easily extinguishable by street theater, had hoped to see many thousands join its protest and encampment, which began Sept. 17. According to the group, 2,000 marched on the first day; news outlets estimated that the number was closer to several hundred.
[…]
That cause, though, in specific terms, was virtually impossible to decipher. The group was clamoring for nothing in particular to happen right away — not the implementation of the Buffett rule or the increased regulation of the financial industry. Some didn’t think government action was the answer because the rich, they believed, would just find new ways to subvert the system.

if you’re surprised that the write sounds like a sheltered, and quite comfortable, idiot, don’t be: it’s Ginia Bellafante, whose “writing has been criticized for its superficial treatment of gender issues”. Here, she proves she’s just a superficial when it comes to economic justice as well.

It’s interesting to me that someone approaching 50, someone who’s worked her whole life as a journalist, just doesn’t get it. But taste and compare: here in Philly, young people barely half Ginia’s age know EXACTLY what’s going on:

With a degree in economics, Yevgeniy Levich, 23, may understand better than most why so many people his age are out of work.

He blames the lack of jobs on a myriad of reasons: the lack of regulation in banking that led to this economic crisis; a failed theory that lowering taxes leads to investment; a proposal for infrastructure jobs that doesn’t do much for someone who doesn’t work with his hands – that’s all the macro stuff.

Microeconomics is this: Levich, a Central High School graduate with degrees in economics and journalism from New York University, is still living with his parents in Northeast Philadelphia and hoping that he’ll land a job as a nightclub office assistant.

His interview was Friday.

On Thursday, the U.S. Census Bureau released figures showing that one in three young people, ages 20 to 29, were unemployed in 2010. In Philadelphia, the situation is worse, with barely more than one in two on a payroll.

“The jobs aren’t there,” Levich said. “Everyone wants experience that we don’t have, because no one is offering us the jobs to get the experience.”

So, who’d like to call up the Times on behalf of Mr. Levich, and suggest that they dump a hack like Bellafante, and hire this promising young man who seems to actually understand how the system has broken down/

Haven’t we met

Kenny Rankin:

The Guilt Project

What Jurassicpork said.

‘A dire fiscal failure’

Scott Walker is a disaster for Wisconsin. Such a shock!

UPDATE: I’ll put the link back up when they fix it.

Record low

Obama’s poll numbers. And it’s all the fault of white liberal bloggers!

Body and soul

Tony Bennett and Amy Winehouse:

Facebook

If you hate the new design, here’s how to get rid of it.

Father figure

George Michael:

Confidence Men

The White House has been pushing back very hard against a book. Gee, I wonder why? I just finished it and I highly recommend it:

JUAN GONZALEZ: The release of an explosive new book that draws a searing portrait of the Obama administration’s failings and early management of the economic crisis has been met with sharp objections from officials within and outside of the White House. In his book Confidence Men, veteran journalist Ron Suskind writes that U.S. Treasury Secretary Tim Geithner ignored an order from President Barack Obama to consider dissolving the debt-ridden banking giant Citigroup as part of a reconstruction of major banks in March 2009. Suskind goes on to say that Citigroup was one of several incidents where President Obama’s authority was, quote, “systematically undermined or hedged by his seasoned advisers.” He also reports Larry Summers, former chair of the National Economic Council, once said at a meeting, quote, “We’re really home alone. There’s no adult in charge. Clinton would never have made these mistakes.”

Earlier this week, White House Press Secretary Jay Carney responded to some of the allegations in Suskind’s book.

PRESS SECRETARY JAY CARNEY: I, too, have not read the book, although I’ve read a lot about it. What we know is that very simple things, facts that could be ascertained—dates, titles, statistics, quotes—are wrong in this book. So I think that—in fact, one passage seems to be lifted almost entirely from Wikipedia in the book. I think, based on that, I would caution anyone to assume that if you can’t get those things right, that you suddenly get the broader analysis right. That analysis is wrong.

AMY GOODMAN: That was Press Secretary Jay Carney, speaking about Pulitzer Prize-winning journalist Ron Suskind’s new book, Confidence Men: Wall Street, Washington, and the Education of a President. Suskind says the book is based on interviews with more than 200 people, including former and current members of the Obama administration, as well as the President himself.

Well, we are joined by Ron Suskind right now. His previous books include the New York Times bestsellers The Way of the World, The One Percent Doctrine, The Price of Loyalty and A Hope in the Unseen. From 1993 to 2000, Suskind was the senior national affairs writer for the Wall Street Journal, where he won the Pulitzer Prize. He now lives in Washington, D.C., writes for Time Magazine, The New York Times Magazine, Esquire and the Wall Street Journal.

Ron, what most surprised you in your research for this book, Confidence Men?
Continue Reading »

Facebook’s budding tyrant

Mark Zuckerberg is 26 years old, but only someone with the mind of an old Stalinist would be so dead-set on “making the world open and connected…”

« Newer Posts - Older Posts »

eXTReMe Tracker