Greed isn’t good, it’s downright virtuous

Via Natasha, this very perceptive piece on how profit became the new piety. It’s written for the UK, but it certainly applies here as well:

At what point did the denial of compassion become a morally righteous act? When homeless people are criminalised and single parents left destitute “for their own good”, it’s a question we need to start asking.

In a speech to the Tory party’s spring conference, David Cameron laid out the “moral” case for an ideology which prioritises the wishes of business over the needs of ordinary people. Eulogising “small business owners” as modern-day Samaritans, the Prime Minister extolled the virtues of enterprise with as much pious self-satistfaction as any po-faced priest ever preached chastity.

A generation after Thatcher, with Chicago-school economics laying waste to civil society across the globe, it is apparently no longer enough to believe that greed is good. We must be persuaded that greed is virtuous.

Max Weber’s protestant ethic has always provided a moral framework for capitalism, but since the meltdown of 2008, business devotees sound less like men of quiet faith and more like spittle-flecked fanatics ordering their followers not to flee the burning church. The maniacal Calvinist aunt in Blackadder insisted that cold is God’s way of telling us to burn more Catholics, but Cameron may as well have declared that recession is God’s way of telling us to cut more benefits.

The flipside of this fervour is the belief that anyone who does not contribute to the profit machine is somehow morally incontinent. Some on the left would like to believe that conservatives simply hate the poor. The more terrifying truth is that many of them actually believe imposing austerity measures is the moral duty of the righteous rich.

Throughout history, our worst torturers and tyrants have always been zealots, men who believe that their faith justifies any brutality.
Continue reading “Greed isn’t good, it’s downright virtuous”

As I say

Republicans only win when they lie and cheat. They don’t actually approve of democracy!

Unbelievable. Turning the state in to a dictatorship wasn’t enough, he had to pull this out of his CorporateBastard bag of tricks. Detroit Free Press:

LANSING — One $100 bill could block voters from a chance to stop more than a billion dollars in higher taxes.

Whether you think it’s a dirty trick or a smart move, a House bill to implement Gov. Rick Snyder’s proposal to eliminate tax credits and exemptions contains a $100 appropriation — enough to make the plan immune from a voter referendum.

The plan has incensed some Michiganders. On Tuesday, AARP is holding a rally at the Capitol for senior citizens angry about Snyder’s plan to tax pensions and other retirement income while cutting business taxes.

In 2001, the state Supreme Court ruled that legislation with a state expenditure — even just $1 — can’t be repealed by voters.

On Thursday, minority House Democrats assailed the move to block a potential repeal vote. “I think there’s a natural, built-in constituency that would sign that petition” to repeal tax changes, said Rep. Vicki Barnett, D-Farmington Hills.

Lt. Gov. Brian Calley said the $100 appropriation in the 180-page bill is legitimate, and would be increased to cover the

‘A corporate coup d’etat’

Naomi Klein warns us that Wisconsin is only the beginning of the attack on democracy:

NAOMI KLEIN: Well, I just found out about this last night, and like I said, there’s so much going on that these extraordinary measures are just getting lost in the shuffle. But in Michigan, there is a bill that’s already passed the House. It’s on the verge of passing the Senate. And I’ll just read you some excerpts from it. It says that in the case of an economic crisis, that the governor has the authority to authorize the emergency manager—this is somebody who would be appointed—to reject, modify or terminate the terms of an existing contract or collective bargaining agreement, authorize the emergency manager for a municipal government—OK, so we’re not—we’re talking about towns, municipalities across the state—to disincorporate. So, an appointed official with the ability to dissolve an elected body, when they want to.

AMY GOODMAN: A municipal government.

NAOMI KLEIN: A municipal government. And it says specifically, “or dissolve the municipal government.” So we’ve seen this happening with school boards, saying, “OK, this is a failing school board. We’re taking over. We’re dissolving it. We’re canceling the contracts.” You know, what this reminds me of is New Orleans after Hurricane Katrina, when the teachers were fired en masse and then it became a laboratory for charter schools. You know, people in New Orleans—and you know this, Amy—warned us. They said, “What’s happening to us is going to happen to you.” And I included in the book a quote saying, “Every city has their Lower Ninth Ward.” And what we’re seeing with the pretext of the flood is going to be used with the pretext of an economic crisis. And this is precisely what’s happening. So it starts with the school boards, and then it’s whole towns, whole cities, that could be subject to just being dissolved because there’s an economic crisis breaking collective bargaining agreements. It also specifies that—this bill specifies that an emergency manager can be an individual or a firm. Or a firm. So, the person who would be put in charge of this so-called failing town or municipality could actually be a corporation.

AMY GOODMAN: Whose government they dissolve, a company takes over.

NAOMI KLEIN: A company takes over. So, they have created, if this passes, the possibility for privatization of a whole town by fiat. And this is actually a trend in the contracting out of public services, where you do now have whole towns, like Sandy Springs in Georgia, run by private companies. It’s very lucrative. Why not? You start with just the water contract or the electricity contract, but eventually, why not privatize the whole town? So—

AMY GOODMAN: And what happens then? Where does democracy fit into that picture?

NAOMI KLEIN: Well, this is an assault on democracy. It’s a frontal assault on democracy. It’s a kind of a corporate coup d’état at the municipal level.

Stupidity

Let me ask you something: when you have a mortgage, student loans, car loan and credit cards, but you’re making more than enough to make those payments, do you declare bankruptcy? Of course you don’t.

And that’s why Paul Ryan IS A FUCKING NUMBNUTS. Oh, did I say that out loud? The only reason this man is a “rising figure” is because the rest of Congress is too stupid and/or morally bereft to know/admit how full of shit he is, and our president is too ineffectual to rebut him:

WASHINGTON — House Republicans will “lead with our chin” and offer politically explosive cost curbs this spring on programs like Medicare, Medicaid and perhaps Social Security, the party’s point man for curbing crippling budget deficits said Thursday.

Even then, Rep. Paul Ryan acknowledged, the government’s budget still won’t balance for quite some time.

In a wide-ranging interview with The Associated Press, the Wisconsin lawmaker and chairman of the House Budget Committee said the House Republicans’ budget proposal for the 2012 fiscal year that begins Oct. 1 will propose fundamental changes to Medicare and Medicaid, the giant health care programs that cover 100 million Americans and whose combined costs rival the defense budget.

Ryan offered no specifics, saying details are still being hashed out.

Ryan, 41, a rising figure in the GOP, has been tasked with both schooling the 87 new Republican freshmen on the brain-numbing intricacies of the budget and devising a plan to wrestle the deficit under control. Both are big challenges.

“I see a willingness to embrace big things, I see a willingness to tackle the problem,” Ryan said, describing the sentiment among Republican freshmen elected on a wave of concern about the growing scope and reach of government.

“When you walk people through just how deep this hole is … it really does leave a lot of jaws dropping,” he said.