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This could be the most hated book of the year.
05-02-2012, 04:06 PM
Post: #1
This could be the most hated book of the year.
Quote:Maybe economic inequality isn’t such a bad thing after all.

At least that’s what a new book written by a rich, former Bain Capital managing director espouses. Even though the economic manifesto about the how the 1 percent benefits the 99 percent hasn’t hit bookstores yet, it’s already getting heat from the 99-percent crowd and beyond.

“Unintended Consequences: Why Everything You’ve Been Told About the Economy Is Wrong,” by Edward Conard, 51, comes out next week. According to his publicist the book offers: “A contrarian analysis of the recent economic crisis by a close associate of Mitt Romney. (It) promises to be one of the year's most talked-about books on the subject.”

*snip*

Robert B. Reich, author of “Aftershock: The Next Economy and America's Future,” said he hasn’t read Conard’s book but was curious about why Conard thought wealth concentrated in the hands of a few was “a good thing.”

“Undoubtedly some degree of income inequality is necessary and good to provide appropriate incentives, but at some point – and I believe we’ve hit that point – it harms an economy by robbing the vast middle class of the purchasing power it needs to keep an economy going, and it generates social and political upheaval,” said Reich, former labor secretary under President Clinton and currently Chancellor’s Professor of Public Policy at the University of California at Berkeley

http://bottomline.msnbc.msn.com/_news/20...k#comments


What a f'ing disaster Mitt and his friends are for this country. The sooner they are stopped and kept out of power, the better.

"I give thanks for this perfect day. Miracle will follow miracle and wonders will never cease."

"It's a magical world, Hobbes, Ol' Buddy... let's go exploring!"
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05-02-2012, 04:21 PM
Post: #2
As if the greed weren't bad enough...
We must suffer through the apologia of greed.

"Obama is not a brown-skinned anti-war socialist who gives away free healthcare. You're thinking of Jesus." - John Fugelsang

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05-02-2012, 04:34 PM
Post: #3
RE: This could be the most hated book of the year.
(05-02-2012 04:21 PM)JuniperLea Wrote:  We must suffer through the apologia of greed.

It's the very greedy gloatingly spiking the ball, and laughing at the 99%.

"I give thanks for this perfect day. Miracle will follow miracle and wonders will never cease."

"It's a magical world, Hobbes, Ol' Buddy... let's go exploring!"
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05-02-2012, 05:45 PM
Post: #4
RE: This could be the most hated book of the year.
(05-02-2012 04:34 PM)azmouse Wrote:  
(05-02-2012 04:21 PM)JuniperLea Wrote:  We must suffer through the apologia of greed.

It's the very greedy gloatingly spiking the ball, and laughing at the 99%.

How pathetic is that?!? They have no clue... not one.

"Obama is not a brown-skinned anti-war socialist who gives away free healthcare. You're thinking of Jesus." - John Fugelsang

The views expressed on this website/weblog are mine alone and do not necessarily reflect the views of my employer or its clients.
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05-02-2012, 05:48 PM
Post: #5
RE: This could be the most hated book of the year.
(05-02-2012 05:45 PM)JuniperLea Wrote:  
(05-02-2012 04:34 PM)azmouse Wrote:  It's the very greedy gloatingly spiking the ball, and laughing at the 99%.

How pathetic is that?!? They have no clue... not one.

The saddest thing about it is that 1/3 of the 99% will buy that load of crap.

"In a time of universal deceit telling the truth is a revolutionary act." --George Orwell
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05-03-2012, 11:01 AM
Post: #7
RE: This could be the most hated book of the year.
(05-02-2012 05:48 PM)pappy Wrote:  
(05-02-2012 05:45 PM)JuniperLea Wrote:  How pathetic is that?!? They have no clue... not one.

The saddest thing about it is that 1/3 of the 99% will buy that load of crap.

Yeah, the lack of critical thinking skills is creepy. I heard someone mention “epistemic closure” recently. I recalled hearing the term, but admit to having to look it up. Knowns and unknowns and known unknowns come to mind, but when I finally wrapped my brain around it. It makes sense.

"Obama is not a brown-skinned anti-war socialist who gives away free healthcare. You're thinking of Jesus." - John Fugelsang

The views expressed on this website/weblog are mine alone and do not necessarily reflect the views of my employer or its clients.
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05-02-2012, 06:32 PM
Post: #6
Gosh why does Marie Antoinette come to mind
let me think of the reasons.

These people are delusional!

“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.”

“Wise men speak because they have something to say; Fools because they have to say something.”

Plato
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05-05-2012, 07:04 AM
Post: #8
RE: This could be the most hated book of the year.
As wealth disparity becomes even worse, as wealth gets further concentrated in the hands of fewer and fewer families, the resulting violence is inevitable.

They that only seek their own comfort, usually only find it for a short while.

[Image: DFP_logo.PNG] "This Is A Big Fuckin' Deal."
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05-05-2012, 08:18 AM
Post: #9
RE: This could be the most hated book of the year.
Sounds like a slight twist on the old Ayn Rand Galt theme.

"Change will not come if we wait for some other person or some other time. We are the ones we've been waiting for. We are the change that we seek." Barack Obama

Is féidir linn.
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