I have said this for years. To have believed all the hype over the last fifteen years one would have to believe in magic. Most of the wealth in this country as calculated by the dollar value of all notional currency is inherently false. Call it inflation, call it fraud, it is not real. All pension plans derive their ability to pay from current production regardless of notional contributions. We have an 18th century cash drawer mentality for a economy that is mismatched to that era’s ethos. If that fundamental contridiction is not addressed we will revist this again, the burst bubble, and want in a land of plenty.
Madoff Was A Piker — America’s Big Banks Are a Far Larger Fraudulent Ponzi Scheme | Corporate Accountability and WorkPlace | AlterNet2009/04/07
In the interests of accuracy and in order to reduce double talk I’d like to suggest we stop the equivocation around the word Christian. Let’s use Christian to describe someone who follows the doctrines of a mainstream sect of Christianity. And let’s call the Religious Right political nut jobs Christianists. Calling them Christians brings disrepute on the faith of many decent people. The suffix ism clearly separates religion from the politics of nutters, traitors and fools.
Bill Gallagher is a terrific writer with a reality based view. Check out his column here.
In politics words are used to confuse and persuade all too often. Arguemnts take the form of equivocations and false logic. An example is the politician’s syllogism, also known as the politician’s fallacy is a (falsely) logical argument of the form:
We must do something
This is something
Therefore, we must do this.
Oh man, do we choke on this all the time or what?