Tuesday, December 15, 2009

KUNSTLER: We're on a journey - and we don't know it - back to a nation of communities where your character really matters, and where character rests on whether your deeds comport with truthfulness.

...a lost "normality," of evictions, foreclosures, tragedies, ruinations and most of all dashed expectations - assuming that the vast public clings to habits and behaviors no longer suited to the mandates of new circumstances in our world. And it is the greatest disservice of all at this holiday time for respected authorities to pimp that wish. What a shabby thing it has become anyway - a sordid spectacle of multitudes moiling in chain store checkout lines en route to the certain anguish of buyer's remorse in the parking lot.

SHOOT: You gotta love this guy's moral commitment and thought leadership.
clipped from kunstler.com
 Anyway, insofar as the top 30 GS employees is made up strictly of people who are already multi-deca-millionaires, notice that the other 31,670 employees of GS, including not a few hundred in the upper income tranches, will be receiving cash bonuses as usual this year from a bonus pool that amounts to about $16 billion (sixteen thousand million dollars). Of course, being a publicly-held company, GS will have to announce soon what those cash bonuses are. Perhaps this is why the news also got out about GS employees seeking handgun permits in bunches.
Meanwhile, all the stops are being pulled out to produce a mighty wall-of-sound in dubiously-reported statistics pertaining to national unemployment and retail sales - the first way down and the latter up, supposedly - in an attempt to squeeze one last giant potlatch Christmas out of the dying "consumer" economy. Jew though I may be, I confess that Christmas is for me.
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