Working Life

While most progressive activists and politically obsessed people were dissecting the elections endlessly yesterday (me, I made chicken and audouille gumbo), some pretty damn interesting stuff dropped courtesy of the International Consortium of Investigative Journalists. Bottom line: we’re being robbed every day and the price tag is huge.

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You know, maybe some of the political geniuses and economists should stop talking about how great the economy is and actually get beyond the talking points of the White House and look at a tiny fact to get a clue about why people are angry: household wealth. After understanding those number, they’d also understand that part of the problem has been, in fact, bi-partisanship.

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Have we heard this one before? Uh, huh. Will it mean any of the top bankers lose their jobs or, perish the thought, end up in jail? Well, I’d give a better chance the Waltons of Wal-Mart give away their entire fortune to their workers to pay for health care and higher wages.

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I am of two minds about Tim Cook’s public declaration that he is gay. On the one hand, good for him if he thinks that it emboldens other people to not be afraid of their sexual preference being known publicly. On the other hand, if the message is that, you, too can come out but only once you are the CEO of one of the most powerful corporations in the world–and you can do all that while fleecing the U.S. government of billions of dollars in revenue…well, it’s a moment to pause and consider.

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At least if you are in the war-making industrial business sector–or the bean-counting of the economy. Because, really, that’s what accounts for a nice little hunk of this little spurt of allegedly “good” economic news.

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Under the heading of I am not surprised at all…guess what…the bankers are cheating again.

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While everyone is focused on the polls and the dwindling chances of the Democrats to hold the Senate, on the tax policy front, it’s just horrendous, with the choices in the upcoming lame duck session of Congress verging from “bad” to “very bad”.

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This could be funny since it’s the rantings of some seriously crazy people. But, the end result of a very stupid film is just more unhinged hate of government.

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Hedge funds were often the rage. Not so much now.

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It’s hard enough to amass enough money to retire. It’s even harder when the people charged with investing the money in an IRA charge really ridiculous fees, and you can’t trust the trustees to do the right thing.

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