ANDREW KEEN ~ HOW TO FIX THE FUTURE ~ 2018

~ NE-IS-IPPA:DC/BDM/TIOTOC/JSVB/FN/ASN/MTU/DA/TEROSA ~ Now Everyone – It Seems – Is Penning Polemics Against: Surveillance Capitalism / Big Data Monopolists / The Ignorance Of The Online Crowd / Juvenile Silicon Valley Billionaires / Fake News / Antisocial Social Networks / Mass Technological Unemployment / Digital Addiction / The Existential Risk Of Smart Algorithms

~ IOST-I-SHB-AATADTH-A:I/R/E/C-A-AA-A-EC-WAFTTFCF ~ Instead Of Smart Technology – It’s – Smart Human Begins – Acting As They’ve Always Done Throughout History – As: Innovators / Regulators / Educators / Consumers – And – Above All – As – Engaged Citizens – Who Are Fixing The Twenty-First-Century Future

~ ACIBAC(AC)TD ~ A Culture Infected By A Creeping (And Creepy) Technological Determinism

~ OOHA-OTRTSOOS-IEIWATBAHDF ~ Our Own Human Agency – Our Timeless Responsibility To Shape Our Own Societies – Is Essential If We Are To Build A Habitable Digital Future

~ EIGPUE-U-WH-FTMAL-ANS-NS-A-R-NMS-A-TWWBI-1965 ~ Everything Is Getting Perpetually Upgraded Except Us – We Humans – For The Moment At Least – Are No Speedier – No Smarter – And – Really – No More Self-Aware – Than We Were Back In – 1965

~ TD-AEDCB-HASM-A-AB-TCATROH ~ The Duality – An Ever-Deepening Chasm Between – Humans And Smart Machines – And – Also Between – Tech Companies And The Rest Of Humanity

~ THCODRAQBTCIOODS ~ The Human Costs Of The Digital Revolution Are Quickly Becoming The Central Issue Of Our Digital Society

~ ‘MGI’-AIDTPAMAOESAATOT-DU ~ “Minimum Guaranteed Income” – An Idea Designed To Provide A Minimal Amount Of Economic Security At A Time Of Technology-Driven Unemployment

~ TFPMFFTF:R/CI/SR/WACC/E ~ The Five Perennial Methods For Fixing The Future: Regulation / Competitive Innovation / Social Responsibility / Worker And Consumer Choice / Education

~ TFAITUOP ~ The Future Appears In The Unlikeliest Of Places

~ WABIAWO:RA-E-LOA-I-A-I ~ We Are Back In A World Of: Rampant Addiction – Exploitation – Lack Of Accountability – Irresponsibility – And – Inequality

~ TWAALUTBDSOASEIWWAIW ~ Today We Are All Living Under The Big Data Spotlight Of A Surveillance Economy In Which We Are Incessantly Watched

~ TWHSAIOVCIODM-TISANFOAOMTW-RP-LB-A-S ~ Today We Have Such An Infestation Of Violent Content In Our Digital Media – That It Seems Almost Normal For Online Audiences Of Millions To Watch – Revenge Porn – Live Beheadings – And – Suicides

~ TIR-WWSTEU-IIEU ~ The Internet Revolution – Which Was Supposed To Empower Us – Is Increasingly Enslaving Us

~ TWDAHBIC ~ The Web’s Decentralized Architecture Has Become Intensely Centralized

~ WWDTBA-D-E-A-E-R-AKODC-ITOTB-D-C-U-A-C ~ What Was Designed To Be A – Decentralized – Egalitarian – And – Enlightened – Revolution – A Kind Of Digital Commonwealth – Is Turning Out To Be – Disturbingly – Centralized – Unequal – And – Creepy

~ WWSAROSM-IWWWTSAR-NWENSSITSMP-T-ECE-TSC-FB-HCA-HOM-A-‘PT’-ML-DBFNAOFOOP ~ What We See And Read On Social Media – Is What We Want To See And Read – No Wonder Everything Now Seems So Inevitable To So Many People – This – Echo Chamber Effect – The So-Called – Filter Bubble – Has Created A – Hall Of Mirrors – A – “Post-Truth” – Media Landscape – Dominated By Fake News And Other Forms Of Online Propaganda

~ POTPITTEGOSTATDTTROU ~ Part Of The Problem Is That The Economic Gains Of Smart Technology Aren’t Trickling Down To The Rest Of Us

~ T-I-WIAOCA-A-TAOMOIU-HBTIMFOTNTOWAT ~ The – Internet – With Its Absence Of Curatorial Authority – And – The Anonymity Of Many Of Its Users – Has Become The Ideal Medium For Orchestrating This New Type Of War Against Truth

~ DC ~ Digital Communitarianism

~ TIODPSHBCITCIO-‘NN’-TNTGOPCSBR-UL-TTADOTIE ~ The Inviolability Of Digital Public Space Has Become Captured In The Controversial Idea Of – “Network Neutrality” – The Notion That Governments Or Private Companies Should Be Required – Under Law – To Treat All Data On The Internet Equally

~ T-S-TFOTIIASODMWODERACA ~ The – Splinternet – The Fragmentation Of The Internet Into A Series Of Different Markets Working On Different Economic Rules And Cultural Assumptions

~ GDPR ~ General Data Protection Regulation

~ SWSASPWAPTMPTNN ~ Somebody Will Succeed At Some Point With A Product That Makes Privacy The New Norm

~ DAO ~ Decentralized Autonomous Organizations

~ TDE-WITPO-W-T-A-C-IAABFVCAIIFEE ~ Today’s Digital Economy – With Its Tiny Pool Of – Winner-Take-All – Companies – Is Actually As Bad For Venture Capitalists As It Is For Everyone Else

~ AVPOTH ~ A Valuable Player On Team Human

~ DLD ~ Digital Life Design

~ SUIAGBM-AITIOTHTU-ITBBMED ~ Surveillance Ultimately Isn’t A Good Business Model – And If There Is One Thing History Teaches Us – It’s That Bad Business Models Eventually Die

~ TUWYF-TAS-TU-I-I-BAFPF-TTC ~ Trust Us With You Future – They Are Saying – Trust Us – Is – Indeed – Becoming A Familiar Promise From – The Tech Community

~ CABCA ~ Civic Algorithm By Civic Algorithm

~ WTF ~ Win The Future

~ DMCA-‘NPOUOAICSSBTATPOSOAIPBACP’-TCC ~ Digital Millennium Copyright Act – “No Provider Or User Of An Interactive Computer Service Shall Be Treated As The Publisher Or Speaker Of Any Information Provided By Another Information Content Provider” – The Controversial Clause

~ HPAWCRTBAFTCPOTN-E-MMF-ORAVVAODIC ~ Hugely Powerful And Wealthy Companies Refusing To Be Accountable For The Content Posted On Their Networks – Essentially – Making Money From – Overtly Racist And Violent Videos And Other Disgustingly Inappropriate Content

~ WTWALOR-TM-DBWAAMTMA-O-TW ~ When Threatened With A Loss Of Revenue – These Multibillion-Dollar Businesses Will Act And Make Themselves More Accountable – Otherwise – They Won’t

~ T-‘P’-AGCOIEF-WSOAL ~ The – “Precariat” – A Growing Class Of Impermanently Employed Folks – Who Scrape Out A Living

~ TINAUTTIO-TU ~ There Is Now An Urgency To The Issue Of – Technological Unemployment

~ UBI-‘AOIWMA’ ~ Universal Basic Income – “An Old Idea With Modern Appeal”

~ WAHGF? ~ What Are Humans Good For?

~ TINIWR ~ There Is No Innovation Without Regulation

~ DACMOTF-RACKOTP-TWTHOTN-CIRISIIHUMSOTEDT-FC ~ Designing A Coherent Map Of The Future – Requires A Coherent Knowledge Of The Past – That’s Why The History Of The Nineteenth-Century Industrial Revolution Is So Investiture In Helping Us Make Sense Of The Early Digital Twentieth-First Century

PAUL STREET ~ THEY RULE ~ THE 1% VS. DEMOCRACY

~ T-HG-‘G’-‘ARTLAB’-SRIPAOTFT-AOMSILY-WMSORDALR ~ The – Holy Grail – “Growth” – “A Rising Tide Lifts All Boats” – Supposedly Rendering Irrelevant Popular Anger Over The Fact That – An Opulent Minority Sails In Luxurious Yachts – While Millions Struggle On Rickety Dinghies And Leaking Rowboats

~ GLG-BIETFDWI ~ Governments Love Growth – Because It Excuses Them From Dealing With Inequality

~ TTU-CGOBOOV ~ The Timeworn Upper-Class Game Of Blaming One’s Own Victims

~ T-SGA-HMLTDW-TSILO-M-A-TF(ARPSG)-TIDW-TMHAMRO-GAP-VMA-TAFOWANAA ~ The – Second Gilded Age – Has Much Less To Do With – The Supposedly Inexorable Logic Of Market – And – Technological Forces (And Related Purported Skills Gaps) – Than It Does With – The More Human And Malleable Realms Of – Greed And Politics – Very Much About – Taking Away From Others While Adding Nothing At All

~ TRIINWG-COS-‘W’-IIRTQO-WGPSWF-TPATCG-O-TNLCOWAP ~ The Real Issue Is Not Whether Government – Can Or Should – “Work” – It Is Rather The Question Of – Whom Government Policy Should Work For – The Public And The Common Good – Or – The Nation’s Leading Centers Of Wealth And Power

~ TPOO-NW-C-A-OB-AC-CU-T-S/D/L-OMRP ~ The Passing On Of – Net Worth – Connections – And – Other Benefits – Across Generations – Covers Up – The – Stupidity / Decrepitude / Laziness – Of Many Rich People

~ TNN-A-EE-ER-S-P-OTUBTROTSTITFEATCAOGP-ALTNA-MJ-EP-WEI ~ There’s Nothing New – About – Economic Exploitation – Elite Rent-Seeking – Plutocracy – Or The Use By The Rich Of The State To Increase Their Fortunes Even As They Complain About Overreaching Government Power – Also Less Than Novel Are – Mass Joblessness – Endemic Poverty – Widespread Economic Insecurity

~ M-T-‘MH’-O-‘TBTF’-TGGOGFI-WETI-TPIUER-HOI ~ Meanwhile – The – “Moral Hazard” – Of – “Too Big To Fail” – The Guaranteed Government Bailout Of Giant Financial Institutions – Will Encourage Those Institutions – To Persist In Undertaking Excessive Risks – Has Only Increased

~ TTFOCMNAC ~ The Tragic Farce Of Corporate Media News And Commentary

~ MMI ~ Manufacturing Mass Ignorance

~ TITCMP-MNLBE-TAGI-TFAEC ~ The Inequality That Creates Mass Poverty – Must No Longer Be Evaded – Through A Growth Ideology – That Fuels An Environmental Collapse

PETER HUBER ~ HARD GREEN ~ 1999

~ WIPCDTTCOPOTE-TMCTIOP-ATISAAW ~ When Individual Producers Can Dump The True Costs Of Production Onto The Environment – They May Create The Illusion Of Prosperity – As They Impoverish Society As A Whole

~ WRCDTTCOGOTPS-TMCTIOGG-EATISAAW ~ When Regulators Can Dump The True Costs Of Government On The Private Sector – They May Create The Illusion Of Good Government – Even As They Impoverish Society As A Whole

~ TOTTBGICODWI-DN-WHTBTPOOC ~ The One Thing That Big Government Is Capable Of Doing Well Is – Doing Nothing – Which Happens To Be The Paramount Objective Of Conservation

~ SVDODTOASASTIIP ~ Some Values Depend On Doing Things On A Scope And Scale That Is Inescapably Public

~ WSNBATC-NP-A-NP-E ~ We Should Not Be Ashamed To Conserve – Not Privately – And – Not Publicly – Either

~ TWPOCITB-AE-TWI-BD-TWHNB-S/T/G/P/P ~ The Whole Point Of Conservation Is To Be Anti-Economic The Wilderness Is By Definition That Which Has Not Been Subdued / Tamed / Graded / Plowed / Paved

~ NTAWTCITCB-NTATFPTWALOICR ~ New Trees Are Where The Carbon In The Coal Began – New Trees Are The First Place To Which A Lot Of It Can Return

~ EIG-O-WIDADLOTOTLAIE-IRD ~ Efficiency Is Green – Only – When It Definitely And Directly Lightens Our Tread On The Land And Its Environs – It Rarely Does

~ WSSOCWONBSIJ ~ We Should Save Our Cougars Whether Or Not Brazil Saves It Jaguars

~ STEAAWEU-TIMPSTATATS-WEO-ILQAAHC ~ Some Toxic Effects Are Already Well Enough Understood – That It Makes Perfect Sense To Address Them At Their Sources – Where Emissions Occur – In Large Quantities And At High Concentrations

~ WK-P-F-AAMOOB-C-ATE-B-WHDTFTP ~ We Know – Pesticides – Fungicides – And All Manner Of Other Bio-Cides – Affect The Environment – Because – We Have Designed Them For That Purpose

~ NIIMB-AOTTWOHATTWOOT ~ Nature Itself Is Morally Blind – As Oblivious To The Welfare Of Humans As To The Welfare Of Our Tapeworms

~ WCTWBIIB ~ We Conserve The Wilderness Because It Is Beautiful

~ WSRLOENBWFCFBBLIAGTRNFJ ~ We Should Revere Life On Earth Not Because We Fear Catastrophic Failure But Because Life Is A Good That Requires No Further Justification

~ BFTANS ~ Big Future Theories Are Never Scientific

~ TORAGSISO-WATWTDT-SOPUBM ~ The One Real And Growing Scarcity Is Scarcity Of – Wilderness And The Wildlife That Dwells There – Scarcity Of Places Undeveloped By Markets

~ ETEBDNPTE ~ Expanding The Environmental Bureaucracy Does Not Protect The Environment

~ IINUFIJTNSOAC-IIIJASWRTTUS ~ It Is No Use Fencing In Just The North Side Of A Commons – If It Is Just A Short Walk Round To The Unfenced South

JAMES HUGHES ~ WHY WE CAN’T AFFORD POVERTY ~ 2011

~ TCFPN-SWDPML ~ The Case For Paying Now – So We Don’t Pay More Later

~ TDASOSP ~ The Dollars And Sense Of Solving Poverty

~ WAFE-OSOCFIAFIN-AAEOTLRAEK-N-FPOEI ~ With A Few Exceptions – Our Systems Of Care For Individuals And Families In Need – Are Almost Exclusively Of The Last Resort And Emergency Kind – Not – For Prevention Or Early Intervention

~ WAKIOHTTSAITPN-WKITAUOPIDWAPOC-PCPFAITFP-OALTMEMOTP ~ We All Know In Our Hearts That The Smarter Approach Is To Pay Now – We Know Intuitively That An Ounce Of Prevention Is Definitely Worth A Pound Of Cure – Preventing Costly Problems From Arising In The First Place – Or At Least The Most Expensive Manifestations Of The Problem

~ TGBORAE-STITRPBE ~ The Growing Body Of Research And Experience – Shows That Investing To Reduce Poverty Benefits Everyone

~ TECOPANO-TDCOP-IF-TATOC-IC-HUOEWPCRE-A-SC-LOPCTSATSTPASIPOE ~ The Economic Costs Of Poverty Are Not Only – The Direct Costs Of Poverty – In Fact – There Are Two Other Categories – Indirect Costs – High Use Of Emergency Wards, Police, Courts, Remedial Education – And – Societal Costs – Loss Of Potential Contribution To Society And The Strain That Poverty And Steep Inequalities Place On Everyone

BRUCE SCHNEIER ~ RULES FOR SUCCESSFULLY MANAGING COMMONS ~ BASED ON WORK BY ELINOR OSTROM ~ LIARS AND OUTLIERS ~ 2012

~ EMUTGIAKWTGNI ~ Everyone Must Understand The Group Interest And Know What The Group Norm Is

~ TGMBATMTN ~ The Group Norm Must Be Something That The Group Actually Wants

~ The Group Must Be Able To Modify The Norm

~ AIDWETGNMBATTG-SIESR ~ Any Institution Delegated With Enforcing The Group Norm Must Be Accountable To The Group – So It’s Effectively Self-Regulated

~ TPFDMBCWTSOTD ~ The Penalties For Defecting Must Be Commensurate With The Seriousness Of The Defection

~ TSFAPMB-CFEARC ~ The System For Assessing Penalties Must Be – Consistent, Fair, Efficient, And Relatively Cheap

~ TGMBATDIOIPANHIIFOTG ~ The Group Must Be Able To Develop Its Own Institutional Pressure And Not Have It Imposed From Outside The Group

~ ITALGALGI-TTGNTBSPANIML-EOATSL ~ If There Are Larger Groups And Larger Group Interests – Then The Groups Need To Be Scaled Properly And Nested In Multiple Layers – Each Operating Along These Same Lines

WILLIAM BONNER ~ HORMEGEDDON ~ 2014

~ TMOAGTLTD ~ Too Much Of A Good Thing Leads To Disaster

~ TMI ~ Too Much Information

~ SK-PM ~ Servi Kaffe – Pereat Mundis

~ GS-PPDAWYGWYA-RSSPSL-TAIBS ~ Generally Speaking – Public Policy Disasters Are What You Get When You Apply – Rational, Small-Scale Problem-Solving Logic – To An Inappropriately Broad Situation

~ TFLIT-LTWMTOBC-FOC-A-FTCTBB ~ The Feedback Loop Is Twisted – Leaving Those Who Made The Original Bad Choices – Free Of Consequences – And – Free To Continue Their Bad Behavior

~ ‘H’-TMOAGTIAPPC ~ “Hormegeddon” – Too Much Of A Good Thing In A Public Policy Context

~ EDT-‘TMOAGT’-A-‘DMU’ ~ Economists Describe – The ‘Too Much Of A Good Thing’ – As –  ‘Declining Marginal Utility’

~ FPCSTITPLIOOTCCOTAIWTHPSMF-I-TBITAORTET-‘DS’ ~ Few People Can Stomach The Idea That Public Life Is Out Of The Conscious Control Of The Authorities In Whom They Have Placed So Much Faith – Instead – They Believe In The Ability Of Right Thinking Experts To – ‘Do Something’

~ JSHADS-‘CD’-TABOBZ-LNTIC-TITITITP-AASTBSAN-TMCI ~ Josef Schumpeter Had A Different Solution – ‘Creative Destruction’ – To Avoid Being Overrun By Zombies – Let Nature Take Its Course – The Inefficient, The Incompetent, The Imprudent, The Passé – All Are Supposed To Be Swept Aside Naturally – The Market Cleanses Itself

~ BTDAHTWIIST-TZEBTPTPCASTS-TUTPOGTHOWTGAGM ~ But This Doesn’t Always Happen The Way It Is Supposed To – The Zombies Erect Barriers To Protect Themselves, Prevent Change And Stabilise The System – They Use The Power Of Government To Hold Onto What They’ve Got And Get More

~ EAO-BAG-CAA-BG-WIASFC-WCOSAGSP ~ Entitlements Are Offered – Bailouts Are Given – Contracts Are Awarded – Bureaucracies Grow – Whole Industries Are Shielded From Competition – Whole Classes Of Society Are Given Special Privileges

~ TME ~ Too Much Economics

~ SEM ~ Simpleton’s Economic Model

~ TWATWEWNSC-NSBAA-NSA-A-NSD ~ There Was A Time When Economists Were Not So Conceited – Not So Bold And Arrogant – Not So Ambitious – And – Not Such Dumbbells

~ IEWRTPODRWNVQ-TGBU-L-WTAUTDPAM-TBD-HBTN ~ In Economics We Reach The Point Of Diminishing Returns With Numbers Very Quickly – They Gradually Become Useless – Later – When They Are Used To Disguise, Pervert And Manipulate – They Become Disastrous – Hormegeddon By The Numbers

~ NHPNOS-NAPSAA ~ Numbers Help Put Nonsense On Stilts – Numbers Appear Precise, Scientific, And Accurate

~ BATNAS-NISAD-NASSCBT-YEBWTATTWB-AUTSSMTETCPP ~ But All The Numbers Are Squishy – Nothing Is Stiff And Dry – Not A Single Statistic Can Be Trusted – Yet Economists Build With Them As Though They Were Bricks – And Upon Their Squirming, Shimmying Mound They Erect Their Central Planning Policies

~ METTTWIABOHS-NABOP ~ Most Economists Today Think They Work In A Branch Of Hard Science – Not A Branch Of Philosophy

~ IOSUGITFY-TFAI ~ Instead Of Storing Up Grain In The Fat Years – The Feds Ate It

~ BMEHDETAMPTATTFTLOTRW-TGMBDIDBICGFIDDTLY ~ But Modern Economists Have Developed Elaborate Theories And Mathematical Proofs That Allow Them To Flout The Limitations Of The Real World – The Government May Be Deeply In Debt But It Can Go Further Into Debt During The Lean Years

~ TITNOH-OYAII-YTTSII-UYRTBE ~ This Is The Nature Of Hormegeddon – Once You Are In It – You Tend To Stay In It – Until You Reach The Bitter End

~ ADGOTLTTST-TDOMV-BOFRBDL ~ All Democratic Governments Owe Their Legitimacy To The Same Thing – The Decisions Of Misled Voters – Based On Fraudulent Representations By Dishonest Leaders

~ TITGMITMTBIF-GIBUAANOSBTOATI ~ The Idea That Government’s Mission Is To Make Things Better Is False – Government Its Best Understood As A Naturally Occurring Struggle Between The Outsiders And The Insiders

~ T –‘SC’-IAF-YCHACUYHTWAAP-TDWFOTP-ITYWO-WKOCIITYDATACGOO? ~ The – “Social Contract” – Is A Fraud – You Can’t Have A Contract Unless You Have Two Willing And Able Parties – The Deal Was Forced On The Public – Imagine That You Want Out – What Kind Of Contract Is It That You Don’t Agree To And Can’t Get Out Of?

~ TIDNRGAAC-TNTGSOOI ~ The Insiders Do Not Run Government As A Charity – They Need To Get Something Out Of It

~ ‘TM’-INAB-IIAC ~ “Too Much” Is Not A Blessing – It Is A Curse

~ WFWTAH-NWTAE-WTINRC-WIT ~ We Flourish When Things Are Hard – Not When They Are Easy – When There Is No Real Challenges – We Invent Them

~ YLNFS-LSMT-GLRTPODMUQ-SWBLIMMB-BIFTTTIL ~ You Learn Nothing From Success – Like So Many Things – Good Luck Reaches The Point Of Declining Marginal Utility Quickly – Starting With Bad Luck Is Much, Much Better – Because It’s Failure That Teaches The Important Lessons

~ BWHWMOPFTIFTATST? – A–A–‘LT’-O-‘DT’ ~ But What Happens When Millions Of People Find Themselves In Financial Trouble At The Same Time? – A – “Liquidity Trap” – or – “Debt Trap”

~ RTLTBGTCTD-TGWTAC-IWTBBIH-TBWSTUTMTIL-I-TBHRC-BPOLTEO ~ Rather Than Let The Banks Get The Comeuppance They Deserved – The Government Wrote Them A Check – It Was The Biggest Bailout In History – The Banks Were Supposed To Use The Money To Increase Lending – Instead – The Banks Had Reduced Credit – By Paying Off Loans To Each Other

~ CW-TAHWL-TAHTFH-BCEABOOEDA ~ Corrections Work – They Are How We Learn – They Are How The Future Happens – By Culling Error And Backing Out Of Dead-End Alleyways

~ CCNBE-CAHWA-‘TMOAGT’-ATLTA-PDAD-TWTCWB ~ Corrections Can Never Be Eliminated – Corrections Are How We Avoid – ‘Too Much Of A Good Thing’ – And The Longer They Are – Prevented, Delayed And Dodged – The Worse The Corrections Will Be

~ M-ITWC ~ Methane – Is The Wild Card

~ TI-FAIISP-STALTOW ~ The Internet – For All Its Information Shovelling Power – Seems To Add Little To Our Wealth

~ ME-HGVR-B-TIDNSTHLTAGUIP ~ Many Entrepreneurs – Have Gotten Very Rich – But – The Internet Does Not Seem To Have Led To A General Uptick In Prosperity

~ WUTWWHEEASM-N-TMIMBPWNBAS ~ What Used To Work Was Hard Effort, Education, And Saving Money – Now – The Money Is Made By People Who Never Break A Sweat

~ TFWF-Z-I-R ~ The French Word For – Zombie – Is – Rentier

~ TZBI ~ The Zombie Banking Industry

~ AFE-I-TC-TU-A-TU-TNLF-NWSFPAFOI ~ A Free Economy Is – Too Chancy – Too Unforgiving – And – Too Uncontrollable – To Nurture Lifelong Friendships – No Wonder So Few People Are Fond Of It

~ TZLOFEO-WSNASD-TMTRCASTRT-AHEOTOHONSRTS ~ The Zombies Look Out For Each Other – With Safety Nets And Sweetheart Deals – They Make The Right Connections And Say The Right Things – A Healthy Economy On The Other Hand Offers No Sure Route To Success

~ GP&RD ~ Greasy Palms & Revolving Doors

~ VFV-TPCGBBMCTTR ~ Vote For Vote – The Poor Can Generally Be Bought More Cheaply Than The Rich

~ TWBZ ~ The World’s Biggest Zombie

~ MIAMP-WTM-TANMM-NMD-NMR-NME ~ Hormegeddon Is A Modern Phenomenon – Without The Masses – There Are No Mass Movements – No Mass Delusions – No Mass Revolts – No Mass Epidemics

~ GIAAEARI-FTIOT(VCB)PAP-O-T(UUHAH)F ~ Government Is Always And Everywhere A Reactionary Institution – Favoring The Interests Of The (Voting, Contributing, Backstabbing) Past And Present – Over – The (Unborn, Unknown, Helpless And Harmless) Future

~ GHCTRLCISWVLFS ~ Governments Have Come To Resemble Large, Coercive Insurance Schemes With Very Lax Financial Standards

~ C-ACOCRTV-WAATTPOM-IINBBIETPTAFI-IIBIIU-TVOCITIP ~ Civilization – A Culture Of Cooperation Rather Than Violence – Was An Adaptation That Took Place Over Millennia – It Is Not Because Barbarism Is Evil That People Turned Away From It – It Is Because It Is Unprofitable – The Virtue Of Cooperation Is That It Pays

~ ACI-TSRWI ~ As Civilization Increases – The Stakes Rise With It

MATT TAIBBI ~ THE DIVIDE ~ 2014

~ TCOTCITCDS-OASAOHU-TOAVGOEWOTR-HBITWALT ~ The Cleaving Of The Country Into Two Completely Different States – One A Small Archipelago Of Hyperacquisitive Untouchables – The Other A Vast Ghetto Of Expendables With Only Theoretical Rights – Has Been In The Works A Long Time

~ DWCCITNCWRANSOPART-I-CWGISBTORP ~ Dealing With Corporate Crime In The New Century Would Require A New Set Of Persecutorial And Regulatory Tools – Increasingly – Companies Were Growing, In Size, Beyond The Old Regulatory Parameters

~ ATBWSCSTWTOCSAAWFCIOECIAI-IWOTTNLEOHUSKORT-CAHCWBC-ANWGA-THTBAPH-TPEUB-CC ~ As The Biggest Wall Street Companies Screamed Their Way Through One Criminal Scandal After Another Without Facing Corporate Indictments Or Even Criminal Indictments Against Individuals – It Was Obvious That The Nation’s Law Enforcement Officials Had Undergone Some Kind Of Radical Transformation – Crime After Heinous Crime Was Being Committed – And Nobody Was Getting Arrested – There Had To Be A Plan Here – That Plan Ended Up Being – Collateral Consequences

~ BTSFTUTBCUWACTDWWBETCJM-TWSMACAWWSEAUENTQ ~ But They Somehow Failed To Understand That By Coming Up With A Calculus To Determine Who Was Big Enough And Important Enough To Command Jurisprudential Mercy – They Were Simultaneously Making A Calculation About Who Was Small Enough And Unimportant Enough Not To Qualify

~ TFOPBTPDAECW-AMCFS-IWBMPERLQSM-A-STOTISIAHRAAAB ~ This Failure Of Prosecuturial Backbone Took Place During An Epic Crime Wave – A Massive Criminal Fraud Scheme – In Which Banks Mass-Produced Extremely Risky, Low-Quality Subprime Mortgages – And – Sold Them Off To Institutional Sucker-Investors As Highly Rated AAA Bonds

~ TSWTSLAHPKRATTNPOHBCKTHAW-BTITABTD-TREDBOPREVIHT-AD-E ~ The Situation Was Tenable So Long As Housing Prices Kept Rising And These Teeming New Populations Of Home Borrowers Could Keep Their Heads Above Water – But The Instant The Arrow Began Tilting Downward – This Rapidly Expanding Death-Balloon Of Phony Real Estate Value Inevitably Had To – And Did – Explode

~ OTBB-WBE-NEMFCIAHCTPITEF-TWTVDOSC ~ Once The Bubble Burst – Whistle-Blowers Emerged – Nearly Every Major Financial Company In America Had Chosen To Participate In This Enormous Fraud – It Was The Very Definition Of Systemic Corruption

~ DWLLMOE-ANWACTTCWETWCP-WWLMSOW-BTOFISP-AICTLROTNFPTPTSOSFOTRFNO ~ Despite What Looked Like Mountains Of Evidence – Almost Nobody With Any Connection To The Crisis Was Even Threatened With Criminal Prosecution – We Were Letting Major Systemic Offenders Walk – Bypassing The Opportunity For Important Symbolic Prosecutions – And Instead Committing The Limited Resources Of The Nation’s Financial Police To Putting The Smallest Of Small Fry On The Rack For Negligible Offenses

~ TAO-CC-SDRTWSAR-TWAAGSSOTEPIAANC ~ The Architects Of – Collateral Consequences – Seemingly Didn’t Realize They Were Starting A Revolution – They Were Accelerating A Government-Sponsored Sorting Of The Entire Population Into Arrestable And Nonarrestable Classes

~ TBAT-LBODFDC-WMFTCO-ARS-TMMFBTTOB-LRMWMOAGS-HTCAOC-TOPWAS-ABF ~ The Bank Admitted To – Laundering Billions Of Dollars For Drug Cartels – Washing Money For Terrorist-Connected Organizations – Allowing Rogue States – To Move Money Freely By The The Tens Of Billions – Letting Russian Mobsters Wash Money On A Grand Scale – Helping Tax Cheats And Other Crooks – The Only Penalty Was A Settlement – A Big Fine

~ PTBFSE-WTTRGIR-T-LIBOR-CFNEPITWWHMOBOSA ~ Probably The Biggest Financial Scandal Ever – Working Together To Rig Global Interest Rates – Through – London Interbank Offered Rate – Consequences For Nearly Every Person In The World Who Has Money Or Buys Or Sells Anything – A $1.5 Billion Fine

~ TLISTBAUEAB-T-SC ~ The Law Isn’t Supposed To Be About Unspoken Excuses And Behind-The-Scenes Calculations

~ TUPDL-‘U’&’I’-DRA-IML-ABIM ~ The Usual Political Descriptors Like – “Unfairness” And “Injustice” – Don’t Really Apply – It’s More Like A Breakdown Into Madness

~ ‘OPT’-AFSOTS-LMWP-IHNIYCBAFSAT ~ “Obstructing Pedestrian Traffic” – Arrested For Standing On The Sidewalk – Like Most White People – I Had No Idea You Could Be Arrested For Such A Thing

~ UTACDTD-ITW-TPCAYFJAA ~ Ultimately This All Comes Down To Discretion – If They Want – The Police Can Arrest You For Just About Anything

~ TGBRYNHO ~ The Greatest Bank Robbery You Never Heard Of

~ IWTPTFCC-SBISTIWPITTNE ~ It Was The Perfect Twenty-First-Century Crime – So Broad In Scale That It Was Practically Invisible To The Naked Eye

~ F-HBOTWOTD-T-STTABB-BODWQM-OOTRO-C ~ First – Hefty Bonuses On The Way Out The Door – Then – Sold Themselves To Another Big Bank – Billions Of Dollars Were Quietly Moved – Out Of The Reach Of – Creditors

~ TODWBGATPKGBABED ~ Trillions Of Dollars Were Being Gambled And The Pots Kept Getting Bigger And Bigger Every Day

~ TDTGAWSWOTW-WUITRAPC-TAIAPOBS-E-AFMOWSATUSG ~ The Deals The Government And Wall Street Worked Out That Weekend – Were Unprecedented In Their Reach And Political Consequence – Transforming America Into A Permanent Oligarchical Bailout State – Essentially – A Formal Merger Of Wall Street And The U.S. Government

~ EDOWSMI-SEB&R-BTOTTAOSAAITTDFNITCC ~ Every Day On Wall Street Money Is – Stolen, Embezzled, Burgled, And Robbed – But The Mechanism Of These Thefts Are Often So Arcane And Idiosyncratic That They Don’t Fit Neatly Into The Criminal Code

~ WKTPP-APTMU-ITCOTB-AMSCADAITICPEVM ~ What Keeps The Poor Poor – And Pushes The Money Upward – Is The Complexity Of The Bureaucracy – A Maze So Complex And Dispiriting And Irrational That It Can’t Possibly Even Be Mapped

~ ATFC-ALOLLTT-O&O-Y-BTH-B-NOTBTWC-NTSH-MA ~ About The Financial Crisis – A Legend Our Leaders Like To Tell – Over And Over – Yes – Bad Things Happened – But – None Of Those Bad Things Were Crimes – Nothing To See Here – Move Along

~ ITLIAUE-OALEPOT-ASP-LEBPI-WCOAB-IIMU-WHTBRCTTPN ~ If The Law Is Applied Unequally Enough – Over A Long Enough Period Of Time – At Some Point – Law Enforcement Becomes Politically Illegitimate – Whole Classes Of Arrests Become – Illegal, Improper, Morally Unenforceable – We Have To Be Really Close To That Point Now

~ TISJEETEHOMOEBODIP-B-SNQEETFAITDSMASDIJ ~ There Is Somehow Just Enough Evidence To Extract Hundreds Of Millions Or Even Billions Of Dollars In Penalties – But – Somehow Not Quite Enough Evidence To Force Any Individual To Do So Much As A Day In Jail

~ RPWGATBG-NM-HWP-IF-TBOTWTOAVEWWIALS ~ Real Police Will Go After The Bad Guy – No Matter – How Well Protected – In Fact – The Best Of Them Will Take On A Villain Even When Winning Is A Long Shot

~ TVEITALS-INATAABD-BIRE ~ There’s Value Even In Trying And Losing Sometimes – It’s Not As Tangible As A Billion Dollars But It’s Real Enough