No Reckoning

The United States of America suffered a sovereign credit downgrade last Friday by rating agency Standard & Poor's. Media's now full of dust & smoke, squawking, the sound of gnashing teeth, etc. etc. What's going on?

The basic affront is the United States of America has grown contemptuous of accountability. Having enjoyed unilateral freedoms for so long, the US government is accustomed to doing whatever it wishes. Public relations and the press are too often interchangeable, rewriting history, ignoring it, or diverting attention & outrage to new stories and memes.

US policymakers see the key lesson of the Vietnam War as marking a point to where one can stray but still reap the Nobel Prize (Kissinger), avoid trials for war crimes, and simply apologize with 'oops'...

The present economic meltdown owes much to the financial crisis of 2007, when the US housing bubble showed major banks and financial firms were insolvent. The US government rescued selected private companies with bailout funds, allowing the executive managers to remain at work. The crisis was blamed in part on regulatory failure and poor government oversight, but top public officials also kept their jobs. These corporations along with Bush, Obama and their cronies, fundamentally undermined our market system by gifting huge public assistance to a few private firms. Importantly, although such shenanigans resulted in global recession, the sovereign credit rating of the USA was not adjusted downward. In other words, this correction is very little, very late.

In Every Mirror, A Sucker

A great title to criticize cosmetics firms. But my target is finance.

Listen to the stupid pronouncements of market analysts & financial pundits -- we're easily suckered. "The market is responding to ...xyz..." is often simple hot air. The next day, or 20 minutes later, the same idiot belches another plausible scenario.

Feel like a puppet being jerked about? You should. Are you a step behind? Yes.

Talk of fears, correction, and jubilant investors serves to squeeze hefty commissions (or more) from common punters who move their funds. Often the "experts" are parasites, positioned to reap windfall profits from the gullible acting on their advice.

Two weeks ago we were told loans to Greece were in crisis, and that private lenders should be paid with European public funds. Germany forced the private banks to shoulder part of their own problem. But the public now subsidizes much of each repayment.

Now suddenly we're told Italy is in crisis. Other nations, recognizing it's "drink now or go thirsty" -- edge nearer to the money pot. Is it Big Capital playing us as dupes? Financial professionals care for us only if we bring them money, pushing for lax oversight & self-regulation without threat of penalty. All we are is dust in the wind...

Don't forget Kenny Lay & Co, the Bush & Cheney corporate friend...

Cultivate Activists

I protest against war and the military industries as socially brutalizing, monetarily costly, and personally repugnant. I'm also opposed to exploitative colonialism, torture, and the US prison system.

What to do with such outrage? I write this blog, contact elected officials, and hope to cultivate activism.

Social activism is tough. It's easy to burn-out. Successes are short-lived and local. New generations, oblivious, inherit democracy or a world powered otherwise, and submit to authority. Mostly.

Science enjoys incremental progress over generations; evidence doesn't need continuous re-analysis. But social systems are continuously rediscovered & redefined, with the gullible hoodwinked by swindlers. Social concerns change; arrogant exploitation morphs to family concerns into aged infirmities.

Entertainment may be unfulfilling, but so is politics. Much competes for attention.

I try to balance the beauty of the world, and a natural peace, with activism. Simple redoubled effort will lead to grief. Nobody carries world problems long. Cultivate others and always model peace in daily life.

photo source:   http://www.flickr.com/photos/virgomerry/11227682

Bullies On Board?

Bully methodology has taken root in the administration of many institutions. When local government, schools, banks, the airlines & the transport police, etc., become coldhearted & brutal, they've lost concern with service excellence. Workers threatened with loss of job, operating under great stress, hijack too many social relationships. We must build healthy systems. Efficiency is not the key goal of living.

Rich Washington, Poor USA

Hundreds of America's millionaire politicians gather in Washington and decide:
  ---   great wealth pays no new taxes
  ---   less funds for social redistribution
  ---   you poor, comfort yourselves in hell.

The needs & pressing problems of Americans are a different world from the US Congress, who help the rich and the corporate donors. Lavish spending on military industries. Of all America's wealth, 27% is split among 90% of the people -- a shrinking share must support more & more (link). Congress refuses to raise revenue from cronies with comfortable wealth, making Americans less talented or less fortunate eat shit.

Government Needs Talent

Many highly talented people are never attracted to government service.

Government downsizing demoralizes & leads to personnel cutbacks. Private sector interests portray government workers as parasites. A fractured public service cannot consistently supply top-quality human resources, and good clever people often are desperately needed.

US President Obama supports huge pay for financial industry executives (link). But in contrast to self-serving astronomically-paid financial manipulators, our very lives, safety & well being rely on minimally-paid air traffic controllers, government bureaucrats, firemen, health inspectors, teachers, etc. Jobs threatened, they're stressed and unappreciated...

Most top people don't enter government. And too many who aim at politics, like Obama (who has become addicted to making war), quickly abandon their promises as candidates to grab supports from powerful private interests.

Public service is gutted.

Grief in Fukushima

I'm willing to believe Fukushima's engineers & scientists are doing everything possible to fix or limit problems at the stricken nuclear plants.

Technical efforts are essential, but so are good communications with the public.

How dangerous is the Fukushima nuclear threat? I don't know. But local residents are worried, and officials sent to reassure them appear incompetent & inconsiderate.

The Japanese government has downsized to a dangerous level.

A fractured public service fails to consistently supply needed human resources. Watch the official clowns in this video - see the Japanese government's terrible response to crisis:
http://www.youtube.com/watch?v=rVuGwc9dlhQ

Grief in Norway

A smarmy weasel in Norway murdered some 77 people, mostly teenagers a generation younger than the killer. The dead were not directly known to him; they were defenseless against his weapons.

What should be done with this man? Perhaps he should be put in a room with the mothers for private discussions.

Forbidden Homemaking 101 ?

Today is New York's first day allowing same gender couples to marry.     Congratulations !

From today's New York Times: "New York is the sixth, and largest, state to legalize same-sex marriage. Several other states are considering following suit... But most states have either laws or constitutional amendments barring same-sex marriage, and federal law bars the United States government from recognizing same-sex marriages." The US Defense of Marriage Act (DOMA) remains a grim prohibition, a forced denial of basic rights to minority people.

Massachusetts had the first legal same-sex marriages in the USA on 17 May 2004. US states often continue to bicker about whether such gay pairing is termed "marriage" or "civil union" or "domestic partnership" or something else.

Here in Sweden, gay couples were allowed "registered partnership" from 1995; marriage became gender neutral from 1 May 2009 after a long struggle (one champion for change was US-born Rita 'Rainy' Creighton, who tragically died in a motorbike crash before the legal normalization).

I believe "Homemaking 101" is a human right to which the State & Church might be invited to validate, but with which they should not interfere.

On a personal note, when my parents married in Massachusetts in 1956, they were legally prohibited to marry or cohabit in 14 U.S. states (my mom is mixed race, Hawaiian / Caucasian / Chinese, my dad is Caucasian). If my mother were Negro, they were barred marriage in a further 11 states (25 total of the then 48 states). Bad.

Anyhow, to those marrying today - Belated Congratulations !