Tuesday, January 4, 2011

The Care and Feeding of Corporate Overlords

Here's a fairly conventional leftist anti-corporate screech from PenGun.

Your corporate overlords have screwed the pooch. They, not the people on the street, have managed to destroy the economies of the world by sheer greed.

The Europeans being a little smarter and better informed have decided the vast theft performed by the aforementioned corporate thugs will not stand. So they are showing their compliant governments some heat.

The US will continue down the road they are on, fleecing the poor and middle class to pay for the mistakes of the rich. This will not work.

Have a nice decade.


And now the fisking:

1. "Your corporate overlords have screwed the pooch." Why yes, they did, PenGun. Here we absolutely agree, though I doubt we've mutually come to that conclusion for the same reasons.

2. "They, not the people on the street, have managed to destroy the economies of the world by sheer greed." Actually, you're letting the average citizen off the hook there. You see the corporate overlords as you put them have done some of their most damaging work by entering into corrupt deals with power hungry politicos and bureaucrats. It's the combination of corporate cash, political influence peddling, and regulatory kneecappings that really have put the world economy in trouble.

3. "The Europeans being a little smarter and better informed have decided the vast theft performed by the aforementioned corporate thugs will not stand." This is nonsense on stilts as the thugs in the streets are being led around by the nose and essentially whining for more free money, not realizing that they've already sold their patrimony and their older sibs and parents ate the mess of pottage. They've run out of funds to steal and redistribute.

4. "So they are showing their compliant governments some heat." You really could do with reading Thomas Wolfe's classic Mau-Mauing the flak Catcher. The guys really in charge have sent up the lifers for the street people to mau mau and the street people will make the lifers wet themselves and then go away. It's all going according to script.

5. "The US will continue down the road they are on, fleecing the poor and middle class to pay for the mistakes of the rich. This will not work." The US has just had elections and created the largest turnover of the political class in decades. It's very unlikely that we're going to continue down the same road as prior to the elections but if we do, we're very likely to have an even bigger turnover at the next polls in two years.