Markets are down again on (surprise!) renewed fears over the collapse of the Euro-zone!
I mean, ‘who knew’?
The oddball part is tomorrow they will pretend it’s not happening again and the markets will rise again…for absolutely NO discernable reason.
But then there’s a lot of things that don’t make sense going on in the, er, ‘business world’ these days…a world that is becoming increasingly less distinguishable from a carnival with each passing day.
Only tangentially related to current events, we can only wonder what flushed this well-beaten hobby horse back into the public arena?
Harder for Americans to Rise From Lower Rungs
WASHINGTON — Benjamin Franklin did it. Henry Ford did it. And American life is built on the faith that others can do it, too: rise from humble origins to economic heights. “Movin’ on up,” George Jefferson-style, is not only a sitcom song but a civil religion.
But many researchers have reached a conclusion that turns conventional wisdom on its head: Americans enjoy less economic mobility than their peers in Canada and much of Western Europe. The mobility gap has been widely discussed in academic circles, but a sour season of mass unemployment and street protests has moved the discussion toward center stage.
Trust me good citizen, no where in this article will you find the necessity of ‘moving up’ questioned.
That said, isn’t there something wrong with this picture from the get-go?
Isn’t the whole 1% phenomenon inherently ‘wrong’ in itself?
Why isn’t the corporate owned media asking the ‘right’ questions?
Could this be because the people who are, er, ‘favored’ by these wrong-headed policies also own the media?
How about ‘right in one’?
Yes good citizen, the media perpetuates these obvious ‘myths’ because they are used to justify that which is unjustifiable and undesirable.
The myths hide nothing. They carefully explain how ‘right place converged with the right time/stuff’ to achieve the desired result.
Ironically, this also explains why, er, ‘upward mobility’ is such a rare thing.
Ben Franklin would be Ben who? if he attempted to start his media empire today, just as Henry Ford (even with an Ivy League degree) would find ‘no takers’ for his now antiquated ideas in the modern world.
Which is to point out the obvious, there is no ‘prize’ for coming in ‘second’…
However, there is a considerable ‘penalty’…and THAT should not be.
No irony should be lost on the fact that the question of ‘mobility’ exists solely to justify the unjustifiable!
Just as there has never been an ‘equitable’ answer to the puzzle known as a ‘fair day’s wages for a fair day’s work’, how much compensation does (and let’s not scrimp here) ‘genius’ deserve?
Understand good citizen, people who are far from geniuses are regularly rewarded with more than they can spend (mostly to prevent the, er, ‘undeserving’ from getting it.)
Are bankers ‘worth’ their multi-million dollar ‘bonuses’?
Is any irony lost on the fact that the only people who think so are the people the bankers work for? (Ahem! And that WOULDN’T be YOU, small fry!)
Understand, banking is a ‘non-productive’ activity (even activities such as ‘creative accounting’ are, in the end, ‘counter-productive’.)
The idea that a few of us, er, ‘deserve’ to have more money than we can spend is patently ridiculous…yet many subscribe to the idea!
Worse, the best ‘justification’ for this perversion is ‘why not’?
Well, good citizen…take your fucking blinders off and drink it in because the real reasons ‘why not’ are all around you!
The world is a cesspool and the reason why has been staring you in the face for this entire article!
So ‘a few’ could be rich!
Funny, this is the identical catch phrase used to sell, er, ‘limited capitalism’ to the Chinese.
Well, they weren’t lying…a (very fucking few) got rich…the rest just didn’t have the ‘right stuff’!
Understand…nobody can tell us what that ‘right stuff’ is…the most they’ll admit to is ‘they know it when they see it’…
But can they really (when 99% of the time the ‘right stuff’ is found at the bottom of a smoking gun barrel?
Um, if you’ve read A Simple Plan then you know I don’t subscribe to the ‘equal pay’ nonsense often spouted by communists.
A simple plan is a ‘meritocracy’ with generous provisions made for the, er, ‘ordinary’…because when it’s all said and done, an ‘ordinary world’ is just fine with me!
No irony should be spared on the fact that the shit hole we’ve been saddled with is often made off to be ‘extraordinary’ when it is in fact beyond sub-par…
You need only open your eyes to see the truth in this.
Thanks for letting me inside your head,
Gegner
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