End of the Boom Times
Atlantic senior editor Mike Kinsley recently made a straining attempt to give absolution to the Baby Boomers, and made a call for them to set their legacy, dropping a laundry list of character defects in the "stereotypical" Boomer that is just as self-obsessed and navel-gazing as that which he is seeking to point out.
There's just one problem here. None of these things were the actual cause of our problems. Greed can be good. It just can't be allowed to be our primary cultural value. Taxation should be as low as possible, and the programs we do fund need to have accountability, efficiency, and equality as their bottom-line attributes. Self-indulgence is no crime, in and by itself.
The real problem was the way the Boomers took their hands off the wheel of democracy and stopped questioning anything that benefited them, however temporarily.
What is Network Neutrality?
I've seen a couple articles today where the Republicans are trying to politicize the concept of network neutrality, comparing it in one case to "a Fairness Doctrine for the Internet".
Well, it's not that. And I could spend several paragraphs excoriating Republicans for yet-another weak attempt to convince uninformed voters that Obama's going to [fill-in-the-blank], but I won't. Instead, I will simply present you with What Net Neutrality Is, and What Net Neutrality Isn't.
Greenspan has change of heart (make that "change of enlightened self-interest")
After his Ayn Rand-worshiping, bankster-babying, free-love-for-free-markets ass spent the entire 1990's shooing the government out of regulating the financial services and banking industries to the greatest extent possible, it appears that Alan Greenspan has had a change of heart, and is now advocating the breakup of so-called "too-large-to-fail" banks.
Gee, Al, ya think?
I mean, after all, we gave 'em everything they wanted in the 90's, and they just treated us like a shotgun bride, getting drunk on their own excess and holding the gun of economic meltdown against our heads until we ponied up their bail. What does the banking industry say to a body politic with two black eyes? Nothin' it ain't already told it twice.
