“…Great achievement has no road map. The X-Ray is pretty good, and so is penicillin, and neither were discovered with a practical objective in mind. I mean, when the electron was discovered in 1897, it was useless. And now we have an entire world run by electronics. Hayden and Mozart never studied the classics. They couldn’t. They invented them.” – Dr. Dalton Millgate, The West Wing (episode: Dead Irish Writers)
There has been a lot of hatred going around the Internet lately… Hm. I say that like it’s a new thing. It’s not; sometimes I think the major product of the Internet actually is hatred. We could tap Twitter for an endless supply, if only we could find a market…
Note: The Not Fake News does not give investment advice; the following is opinion only. If you come to us for advice on what to do with your money, you probably deserve what you get anyway, but it needed to be said.
It’s counterintuitive as all get-out, but it’s happening anyway. In the face of massive business closings, record unemployment due to COVID-19, and the Federal government effectively printing trillions of dollars based in nothing but faith in the future, the stock markets nevertheless are booming. So — how is this possible?
We’ve achieved corporate feudalism in our lifetimes. Congratulations.
You must have wanted it. Otherwise, you wouldn’t have bought it. Now that your votes don’t matter but money does, we vote with our dollars, and what we buy rules the world. That’s why our hamburgers are extruded and why they sugar the buns at McDonald’s.
Did you know there was a time when you could get an actually good-tasting burger at McDonald’s? It had real meat and everything. Brilliant (more…)
You know me: I see a meme like this, I have to quibble.
Sure, it seems plain enough. There’s people out there who own more money than a thousand families could use in a lifetime, and at the same time there are kids who can’t buy school lunch, homeless veterans on the streets, and did I mention my underwater mortgage and student loans? The government’s in debt up to its eyeballs, Social Security is going broke, and who’s gonna pay for it? Not the billionaires.
All of which is fair enough, so far as it goes. Thing is, though, (more…)
Google made headlines recently when they announced an adjustment to their search algorithm to reduce the spread of “Fake News”. Apparently, The Not Fake News has made their list. I’m annoyed, but on the other hand — that’s life in a nation of free speech, free expression, and a free press.
For background, please read the post that inspired me out on Steven Brust’s blog, plus the original article he linked in his post. If you already think Amazon is evil, you might want to skip these; alternately, if you read them both, you’ll be able to feel more justified in your indignation. If, on the other (third?) hand, you feel that all corporations everywhere are evil… (more…)