Spyke

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Americans Don’t Care as Much About Work. And It Isn’t Just Gen Z.

The pandemic showed that a huge percentage of our work is literately bullshit used to keep us grinding away and not actually living life. And to keep us from dealing with the huge and glaring problems in our society.

The Puritan idea that we must slave away in order to be worthy is a lie.

One of the greatest economists, Keynes, expected us to be working 15-20 hours a week at this point because of productivity increases.

But instead of sharing in the blessing of productivity, we were forced to do an increasing amount of meaningless work and spend less time actually living, all while being shackled with debt rather than even increasing our pay.

A pretty garbage system if you ask me.

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Inside The Ritzy Retreats Hosting Right-Wing Judges: During Koch-funded trips to mountain resorts, Trump judges huddled over a new strategy to advance “history and tradition” as the law of the land.

The black man on the supreme court might want to rethink the stance on going with "history and tradition".

Or maybe he thinks his vote should only count as 3/5 of a vote?

Oh right. It will be cherry picked bullshit that fits whatever corrupted crap they want to force onto all of us.

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House Republican budget calls for raising the retirement age for Social Security

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Except that's a sham way of framing things that most people use.

The US is monetarily sovereign and can always issue enough currency to meet any demands upon it.

Uncle Sam doesn't go around collecting dollars like a beggar to apply to things. It creates money directly through spending, or backstops the creation of demand deposits by private banks via the reserve system. Money has to be created before it can be destroyed through taxation.

The issue isn't, "Where will we get the money?"

The REAL issue is, "Will we have the infrastructure to care for our elderly?"

Warren Mosler goes over this in one of his better short pieces of literature.

https://moslereconomics.com/wp-content/powerpoints/7DIF.pdf

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World’s largest oil companies ‘way off track’ on emissions goals, report finds

These people are basically monsters.

They've knowingly and willingly set their greed above everyone and everything living on the planet.

Literal cartoon villain style shit. Knowingly stymying climate research, funding what are essentially disinformation campaigns... All for greed and selfishness.

I weep for the future and for what the children of today will never get to have because of monsters like this.

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Denying Your Medical Care is Big Business in America

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My doctor diagnosed me with a b-12 deficiency. Something easily fixed with a shot she prescribed.

The pharmacist looked at me like I was a drug addict when I asked where the needle for the injection was when I picked up the scrip. "Just have the doctor do it".

Fee for randomly showing up to my doctor to get the shot? $0

Fee for getting the shot done when I was actively at a scheduled check up? $130

I take an oral supplement instead now that's not quite as effective.

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Take your FICO and shove it!

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Except a nation with no debt and a negative trade balance has negative wealth.

The government debt is the private sector surplus when there a negative trade balance.

The government is literally the source of money. Every dollar created is part of that "debt".

Every dollar is an IOU issued by the federal government that it will be accepted to relieve tax obligations.

" Zero national debt " means zero dollars left in circulation after taxation.

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Thoughts on Cryptocurrency?

It's not real currency, it's a token.

I can't use it to pay my taxes to the US federal government and it must be traded in for actual currency to do so.

Just like a token at an arcade.

They are also vehicles of wild speculation... And unlike stocks (where I gain partial ownership of a company) and bonds (where I gain a claim on their monetary inflows and primacy if the venture crumbles), crypto gives me... What exactly?

I don't get to be an owner or a creditor. I become... Holder of a mining incentive?

I'm sorry it's not what a lot of people seem to think it is.