JP Morgan Is Laughing At You

Sell some weed in the United States and you can get 81 years in prison. Create a massive fraud that collapses the global economy, put thousands out of work, makes thousands lose their homes, destroy thousands of businesses – and you’ll get what amounts to a slap on the wrist. JP Morgan has assets near $2.5 TRILLION. They have been involved in criminal activity for years, defrauding American and international investors, aiding and abetting criminals from Enron to Worldcom and rigging the energy market. Do they go to jail? Are their leaders even charged with crimes? Of course not. Jamie Dimon, Chairman and CEO, paid himself $23 million in 2011. He even got praise from Obama.

Just one more example of how the banksters have got the system rigged. These bastards are laughing at you, especially you Democrats who still think Obama is the Great Hope.

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No Illusions Podcast #61 – Politics & Ethics

My guests again today are J. David Markham, my regular co-host on the much-loved Napoleon Bonaparte Podcast, and his friend of 35 years, a regular guest on this show, Doug LaFollette, the Secretary of State of Wisconsin.

This week I try to get down to basics – how do we form our political beliefs? Is government really about ethics? What political ethics do we want our society to strive towards? Are psychopaths screwing up the world? Do they make up a large percentage of the 1%?

 

Aristotle, politics, ethics

No Illusions Podcast #60 – SHUTDOWN

My guests today are J. David Markham, my regular co-host on the much-loved Napoleon Bonaparte Podcast, and his friend of 35 years, a regular guest on this show, Doug LaFollette, Secretary of State of Wisconsin. They joined me this morning to discuss the recent US government shutdown and the forces at play behind it. If you, like me, have been trying to understand how something like this could happen in the world’s leading economic power, then I hope this conversation will shed some light on the issue. As David and Doug are both Democrats, I, being an Australian, try to throw in some counter-arguments into the conversation for balance.

BTW, if you’re having trouble getting the show to download in iTunes, please try deleting the feed from iTunes and re-adding it using this link.

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Deer Hunting With Jesus

Deer Hunting With Jesus

Joe Bageant wrote “Deer Hunting With Jesus”, the best explanation I’ve yet read for why poor Americans vote against their own best interests. This interview recorded shortly before he died is worth watching.

Pink Panthers & Capitalism

Pink Panthers & Capitalism

Police in southern France have arrested a member of the “Pink Panther” gang of jewel thieves, who had been on the run since he escaped from a Swiss prison three months ago. – ABC NEWS

I love reading about these real-life French diamond thieves, “The Pink Panthers“. They are straight out of a Hollywood film – pulling hundred-million-dollar heists on the French Riviera & breaking out of prison with helicopters. I imagine George Clooney, Frank Sinatra or Robert DeNiro is leading them. I’d love to see what goes on in an outfit like this. Are they really professional, smart guys like DeNiro in HEAT or Ocean’s Eleven? Or just a bunch of thugs?

According to Interpol they have snatched over 330 million euros ($436 million) since 1999.

They certainly sound pretty suave.

In a recent heist, a member of the gang threatened to blow up a high-end jewellery store in Cannes with a hand-grenade. While his accomplice points a gun at staff, the robber filled a sport holdall with expensive watches and headed for the door. Suddenly, he stopped and turned. “Desolé,” he said to the terrified sales staff, “C’est la crise.” (Sorry, it’s the economic crisis). – The Guardian

I think this kind of heist is capitalism at its purest. The guys with the most capital to spend – on weapons, anti-security equipment, lawyers, fences, fake identities, etc, or, if you’re on the other side, on layers of security – wins. It’s a dog-eat-dog world, my friends, a battle for who can steal the most resources and get away with it.

Of course, it doesn’t have to be that way. Some of us yearn for a world where people treat each other in a kinder way, realizing it’s in our own best self-interests to have a world where people are healthy, happy, well-educated and able to provide for their families. That’s the promise of socialism. Is it going to be hard to get there from here? Certainly. Should we stop trying just because it’s hard? I don’t think so.

If you’re interested in reading more about the Pink Panther gang, check out the work of David Samuels.

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