Friday, October 16, 2009


So apparently there's some kerfuffle going on somewhere on the internets. Some gold mining company or whatever basically took all their gold from Fort Knox and sold it a huge a profit and now they're paying their employees ridiculous amounts of money for being key advisers to the president's accountant or some shit. I dunno. It's all a bit technical and I can't keep this crap straight in my head. Inconsequential, really. What I want to know is, how does the gold mining company feel about it?

I defended the banks paying bonuses that had already been agreed before the crisis. But this really is ridiculous, and the banks should have known better, if only for PR reasons.
Oh nooooo! It's the return of bad PR! Those poor miners! What will this mean to them?
If they get an ugly new regulation regime, they'll have only themselves to blame. Whatever they really think, deep in their hearts, they're certainly doing their best to give the impression that they believe they are entitled to collect huge paychecks no matter what happens, and have the taxpayer pick up the tab for their mistakes.
Yes! Whatever they believe deep in their hearts! Who knows! I mean, sure, it looks like they're paying themselves hand over foot while seizing control of regulatory agencies through lobbying efforts, but appearances can be so deceiving. Unless you're brown, in which case appearances are everything.

If those silly saxophone players had just APPEARED to give a fuck, we never would've regulated 'em. Americans don't care about their loss of wealth and jobs, growing income inequality and what amounts to outright bribery of the American government! Nope, they just wanna believe that their corporations love them. Maybe someone could make some snazzy commercial for these bankers, like the ones for GE and shit where they make you feel all warm and fuzzy without even bothering to sell you a product. Then everything should be fine.

1 comment:

Anonymous said...

Today's post is similar - Won't someone please think of the insurance company's right to publish misleading information in an effort to protect their current bag of goodies? A concern troll a day keeps the doctor away, I suppose.

I do like how she wraps it all up with a "Well, removing the anti-trust exemption is a perfectly reasonable thing to do...just don't use politics when you do it!"