Perry Glasser

Posts Tagged ‘Journal’

MILLENNIAL WHINING

In Economics, Economy, Millenials, Political Economy, Politics, SOCIAL MEDIA on June 2, 2018 at 10:45 am

The jobless rate ticked own in May to a seasonally adjusted 3.8%, the lowest since April 2000…The last time the rate was lower was in 1969.
–Wall Street Journal, June 2, 2018

Since 1969?

Dollar$ turned 21 in 1969.

The good news reported by the Labor Department includes rising wages among all classes of workers irrespective of race, gender, or education, but Dollar$ could not help to think of Millennium friends who periodically flood social media with bitter attacks against those Baby Boomers who came of age when life was so easy, and who then spoiled everything for everyone ever after.

Dollar$ as a matter of disclosure is happy to reveal he is one of those Baby Boomers, and Dollar$ freely admits the rise in price to thrive in in the American economy has not always been even—the rise in cost of housing, education, and healthcare as percentages of incomes is staggering—but Dollar$ takes perverse pleasure in noting that there is simply no longer any contemporary rationalization for staying at home and whining about it.

Whining most often to each other about the unfairness of life is accomplished by cell phone (A Boomer Innovation) is, how there is never enough time to compete on the Internet (ABI) with video games (ABI) on their flat screen hi-def TV (ABI) and which leaves not much else to do except participate in Hook-Up culture enabled by easily obtained and easily used birth control (ABI). Leave alone the more significant cultural changes in Civil Rights, Women’s Rights, Voter Registration, Marriage Equality, and a half-dozen other causes, all essentially accomplished but under perpetual attack by troglodytes who long for an America that never was.

The price of social freedom and progress has always been vigilance.

But the good news means there is no excuse not to go forward. Sorry we did not get to it, but it is time to roll up your sleeves, kids. C’mon, my grandchildren are counting on you for:

  • Silent jet planes,
  • Genetic cures.
  • Economically viable renewable energy,
  • Relief from America’s oil, concrete, and rubber infrastructure.

And, yeah, like Captain Jean-Luc Picard, after some time on the holodeck, Dollar$ wants to kick back with refreshment prepared by voice-recog: “Computer, Earl Gray, hot.”

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PITY THE WALL STREET JOURNAL!

In Business, Economics, Economy, Finance, Politics, Rupert Murdoch, TAXES, Wall Street, Wall Street Journal on February 11, 2013 at 7:56 pm

As Official Apologist for Buccaneers, The Wall Street Journal is suffering a bad case of the heebie-jeebies.  Owned by the wire-tapping Rupert Murdoch, the doyen of rumor and FOX News, the Journal of late has to endure nothing but the good news that contradicts what Buccaneers wish were true.

After all, how can the super-rich endure yet ever more humiliation, scraping by on mere millions.

Consider how Peggy Noonan and Karl Rove writhe in their columns. Rove, a Republican attack dog, on election night was so amazed that FOX had declared Obama had won the presidency, that he stormed into the news center’s datacenter.  He spins fantasies about how the GOP needs to persuade voters to cast ballots for candidates that have less than the best interests of their constituency in mind. Noonan, who writes brilliantly, seems unable to get her mind around the idea that the Reagan Revolution is over: the coalition of the Religious Right and the Rich has fallen apart because the rest of America favors Reproductive Rights, Gay Marriage, and all the other issues that would keep Big Government in America’s bedrooms while simultaneously demanding smaller government.

The Journal’s layout editors keep burying good news on interior pages. What else can they do? Admit that Murdoch’s agenda sucked, still sucks, and will suck in the future?

Let’s see, after 4 years in office, Obama was elected by a majority of Americans, not just a fluke of the Electoral College.  Nothing is more dear to the heart of Buccaneers than money, but at the Journal no one seems ready to admit that:

  • The Dow Jones is flirting with its all-time high,
  • America continues to create jobs, albeit slowly,
  • The Housing sector is coming to life,
  • The alleged rise in taxes is, in fact, the restoration of rates from long ago that were  lowered for an economic emergency by Bush—it’s time to restore normalcy,
  • Did we mention that the Bailout money Obama allocated at the beginning of his term has not only come back with a profit, but likely saved the jobs of hundreds of thousands of Americans?
  • ObamaCare is about to go into effect and will not bankrupt America,
  • We are out of one war and exiting another.
  • Oh…there has been no significant terrorist activity for years and Obama gave the order that killed Bin Laden.

Guess what, Rupert?  America is happy about such things.

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DOYEN OF INDUSTRY

The Buccaneers are headed into the headwinds of Peace and Prosperity.  To get anywhere, they may have to turn around.