SOCIAL: F&#@#k. The Bailout Sucks.
Amandeep Jawa
deep at deeptrouble.com
Tue Nov 25 16:42:00 PST 2008
Wait - what was our choice? Cause I would have picked a Mars mission,
recreating our energy grid using renewables, a rebuild of the school
system, and bringing mammoths back from extinction through genetic
engineering, funding a vast worldwide education and health effort
(esp. for women), and a puppy.
But seriously what was our choice?
'deep
.ps
Really, I'm reading a druid? And he's making a lot of sense so far?
Have I been in CA too long?
On Nov 25, 2008, at 4:27 PM, Tom Radulovich wrote:
> Of course we had a choice.
>
> John Michael Greer, who writes "The Archdruid Report" (It isn't a
> cute handle; he is actually an Archdruid), wrote a piece called "The
> Flight to Abstraction" which I haven't been able to get out of my
> head for a few weeks. The post contains one of my favorite quotes
> about Las Vegas: "of all of the cities I have ever visited, Las
> Vegas is my least favorite: a garish urban cancer that apparently
> exists for the sole purpose of proving that it’s possible to take a
> barren, scorpion-infested wasteland and make something even worse
> out of it."
>
> Las Vegas provides a segue to Giambattista Vico's treatise on
> history, which includes the idea that as societies age, they lose a
> focus on the concrete realities and focus increasingly on
> abstractions. For example, the cost of the AIG bailout alone (± $250
> billion) would build the US a world-class, nationwide electrified
> passenger rail system. But somehow, the task of shoring up AIG and
> all of the abstract 'capital' it represents (capital once meant
> 'goods') became a much more compelling political imperative than
> creating actual, tangible, usable infrastructure we could use to
> move around the country without continuing to destroy the planet.
>
> Greer's take on history and civilization owes much to Oswald
> Spengler, and his view of industrial civilization's prospects is
> throughly pessimistic, but he is a thoughtful and original writer.
>
> http://thearchdruidreport.blogspot.com/2008/10/my-decision-some-two-and-half-years-ago.html
>
> On Nov 25, 2008, at 2:19 PM, Amandeep Jawa wrote:
>
>> The original post is here:
>>
>> http://www.ritholtz.com/blog/2008/11/big-bailouts-bigger-bucks/
>>
>>
>> On Nov 25, 2008, at 2:16 PM, Amandeep Jawa wrote:
>>
>>> damn. this f*()&)ng sucks. I don't know that we had a choice, but
>>> F@#$k!
>>> ----------------------------------
>>>
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----------------------------------
Amandeep Jawa
----------------------------------
deep AT deeptrouble DOT com
937 Valencia St.
San Francisco, CA 94110-2320
personal: http://www.deeptrouble.com
political: http://www.sflcv.org
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