Markos is selling out and why you would too

Michael: I don't know anyone who could get through the day without two or three juicy rationalizations. They're more important than sex.
Sam: Ah, come on. Nothing's more important than sex.
Michael: Oh yeah? Ever gone a week without a rationalization?
- The Big Chill

I work for Wall Street firms. I tell folks all the time, there is no conspiracy the way they think of it on Wall Street. There is no conspiracy meetings that take place between Executive Management and those they need to pull off these conspiracies. That doesn't happen. I'm sure they conspire in the Board rooms however the Board members need the employees to carry out their will, so how do they get them to do it?

Here is how the conspiracy works, once a employee has at least one of the three below they become part of the conspiracy. If an employee has all 3 you can consider them "handcuffed"-

1. Rent/mortgage
2. Dependents
3. Bills

That is all it takes for most folks to sell out, that is how they justify it.

Markos has all 3 of those things and that is the reason he sold out and those are the reasons he justifies it.

I hate Wall Street, yet I serve them everyday. I ride the train to Manhattan 220 times a year to make ultra wealthy people more ultra wealthy. So how do I live with myself? Well, I justify it every time I see one of my kids smile or laugh or snuggle up under their covers.

Why don't I quit and do something I want to do? Answer- What I want to do won't cover my mortgage, bills and dependents.

Why don't you sell your house and move to a place that isn't so expensive? Answer- One of my children has a disability and is thriving in the school he is in and I would never do anything to impede his progress.

So I'm stuck. I had to fire someone the other day because he wasn't preforming. He wasn't preforming because his sister had cancer and he was overwhelmed trying to help her. I told him that his numbers didn't look good and that my boss was questioning me as to why. When I tried to go to bat for him my boss told me "Executive Management doesn't care about sob stories we all have them, we will meet our numbers and anyone under performing for any reason including you will be let go".
I had to fire him the next day. You see on Wall Street when your boss tells you that you aren't performing that means you have weeks at most to make it right and if you don't you are gone.
Here comes the justification

I told myself that I was a responsible husband and father and as such it was my duty not to let a direct report of mine under-preform and cost me my job. Sure I could hope that in the next few weeks he would have improved however if didn't then we'd both be fired. Therefore my only choice was not to give this person another chance but to fire him.

That is why Bernie is a unique person. He understands that wealth is power and power corrupts and he refuses to put on the Ring even though he can. He can sell the the highest bidder any day he wants but he won't. He could become a lobbyist but he won't. He could just serve himself but he won't.

Bernie is a better person than me and that is why I love him so much.

Go Bernie Go!

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and you've described it well.

It's lot bigger than Bernie. The only real fix is socialism.

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mimi's picture

socialism is engaged in by people, who also "want their jobs" in their government. And it's just a matter of time when they "sell out" for described reasons in the diary. Then it's time to get rid of them to keep the socialism continuing, so one would hope one can democratically getting rid of the "selling-outers" in the government.

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Cassiodorus's picture

over what we have now. Where's the future in capitalism?

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"The war on Gaza, backed by the West, is a demonstration that the West is willing to cross all lines. That it will discard any nuance of humanity. That it is willing to commit genocide" -- Moon of Alabama

mimi's picture

because with all the playing games over the word "socialism" going on in the US from the right-wingers to other indoctrinated people, for whom socialism is something very, very scary, attacking each other, I feel always the urge to be more specific and clear. I want to clarify that there was a "Socialist Unity Party" for example in the former East Germany, which was a marxist-leninist party, but was often used to describe Socialists and Socialism. And that was a sort of socialism, which I would never support.

And by now I believe that the American propaganda people were able to confuse and manipulate the American citizens by always pointing out to that kind of Socialism (which was authoritarian based on marxist ideology) , so that anything with the word socialism in it, had to be bad.

Democratic Socialism and Socialism of the marxist kind gets mixed up (I would say on purpose for anti-socialist propaganda purposes) and for that reason I would not say I accept any kind of Socialism. I only accept Democratic Socialism. Unfortunately I am not a poli science student and have difficulties to use the correct words.

But with US Republicans and other more centrist or right-wing ideologues, Socialism is always something bad pointing to former socialist/communist regimes, which were not democratic. Heh, not only our Chancellor Merkel knows a thing or two about that kind of Socialism, most of us too. In "socialist" East Germany you couldn't pass through by car with any kind of newspaper from the West. So, Socialism with that kind of "freedom" isn't to my taste.

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I'm not even sure that the SED was socialism of the marxist kind either. Remember, Bert Brecht famously refused to join the SED by claiming that he was a Marxist. And even earlier he was certainly critical of Uncle Joe to the point he had to leave the USSR after 6 months for the USA.

Grüße aus Bautzen

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mimi's picture

prevented anyone to freely move to the West and imprisoned everyone inside East Germany. Reading the Wiki page, (because I don't know those details anymore) it makes clear, that Brecht himself probably knew he made some misjudgments about the SED. And there is a difference between theory and praxis when it comes to Marxism, I guess. (I don't know because I am too lazy to slog myself through the Marxist literature. I don't see why there would be a need for me to do so. it's over.) Read this part:

Cold War and final years in East Germany (1945–56)[edit]
Brecht and Weigel on the roof of the Berliner Ensemble during the International Workers' Day demonstrations in 1954
In the years of the Cold War and "Red Scare", Brecht was blacklisted by movie studio bosses and interrogated by the House Un-American Activities Committee.[62] Along with about 41 other Hollywood writers, directors, actors and producers, he was subpoenaed to appear before the HUAC in September 1947. Although he was one of 19 witnesses who declared that they would refuse to appear, Brecht eventually decided to testify. He later explained that he had followed the advice of attorneys and had not wanted to delay a planned trip to Europe. On the 30th of October 1947 Brecht testified that he had never been a member of the Communist Party.[62
...
Brecht's decision to appear before the committee led to criticism, including accusations of betrayal. The day after his testimony, on 31 October, Brecht returned to Europe. ...
An offer of his own theatre (completed in 1954) and theatre company (the Berliner Ensemble) encouraged Brecht to return to Berlin in 1949. He retained his Austrian nationality (granted in 1950) and overseas bank accounts from which he received valuable hard currency remittances. The copyrights on his writings were held by a Swiss company.[63] At the time he drove a pre-war DKW car—a rare luxury in the austere divided capital.
...
Though he was never a member of the Communist Party, Brecht had been schooled in Marxism by the dissident communist Karl Korsch. Korsch's version of the Marxist dialectic influenced Brecht greatly, both his aesthetic theory and theatrical practice. Brecht received the Stalin Peace Prize in 1954. ...
Brecht wrote very few plays in his final years in East Berlin
...
At first Brecht apparently supported the measures taken by the East German government against the Uprising of 1953 in East Germany, which included the use of Soviet military force. In a letter from the day of the uprising to SED First Secretary Walter Ulbricht, Brecht wrote that: "History will pay its respects to the revolutionary impatience of the Socialist Unity Party of Germany. The great discussion [exchange] with the masses about the speed of socialist construction will lead to a viewing and safeguarding of the socialist achievements. At this moment I must assure you of my allegiance to the Socialist Unity Party of Germany."[64]
...
Brecht's subsequent commentary on those events, however, offered a very different assessment—in one of the poems in the Elegies, "Die Lösung" (The Solution), a disillusioned Brecht writes:

After the uprising of the 17th of June
The Secretary of the Writers Union
Had leaflets distributed in the Stalinallee
Stating that the people
Had forfeited the confidence of the government
And could win it back only
By redoubled efforts.

Would it not be easier
In that case for the government
To dissolve the people
And elect another?[
65]

I bet you if Brecht had lived longer and seen what had become of his SED party and government after 1956, he would have become another "Wolf Biermann"

Anyhow that's history. Today's thirty to fourty year olds have no clue about all of it either in Germany or the US, and I have very little clue, because I had never learned much of it and am too old. (Just enjoyed Brechts musicals a lot and his poetry) It really has no relevance I think in this context here.

People here in the US discriminate against the US based Socialists and anyone who calls himself leftist. They use the term "socialism" to do so. Can't stand this crap.

Oh, Bautzen looks nice. Smile
Have never been to any of those places, even not Dresden. What a shame.

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There is a recording, floating around the internet, of him being interrogated by McCarthy at the hearings and he runs circles around Joe:

McCarthy read a poem on the record and then asked him, "Mr. Brecht, did you write this poem?"

Brecht replies, "I wrote a poem in German, but it does't sound anything like that" and you can hear the laughter erupt from the audience. He was a wicked-clever man. That jab that it would be easier for the government to dissolve the people and elect a new people is typical, witty Brecht to me.

No, I don't think he would've supported the SED at all, had he lived. Brecht was indeed a Marxist, but he was the furthest thing from an authoritarian. I think he would have been down with what we today call Democratic Socialism. And perhaps he would not have joined the Party out of principle of not joining political parties, I think he probably would have supported Die Linke wholeheartedly unlike the assurances he had to give to the SED to keep his arse out of the infamous Bautzen II Stasi prison(next door to the hospital where my wife was born, btw)

I understand the history, however, they really couldn't touch him at the time due to his international popularity and, again as I understand it, they cut a deal with him: he would get the Berliner Ensemble if he would shut his mouth, was basically the deal. And as the wiki points out, he wasn't so productive those last years. But his protoge, whom I really like, Heiner Müller carried on his tradition and expanded into his own style. Müller was also one of the few to have one of those passes to cross the border whenever he chose and did some dramatical work in Essen, I think...but not quite sure. I do think he was doing that in the Ruhrgebiet.

Bautzen and the Oberlausitz is beautiful, and so is the Sächsische Schweiz. However, a percentage of the people are not so beautiful as they burned down a planned refugee center two weeks ago just 3 km from our house - and a crowd of drunks were cheering it on.

I wrote a diary about it on Kos and it was on the rec list and off the rec list in the amount of time that I was replying to Tapu. I hit post and then the diary hat rec tags, who knew?

But the countryside is beautiful, nevertheless, even though it's my wife's Heimat, we want to move back to Kulturstadt Weimar.

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mimi's picture

about him than me and I thank you for the comment. My reading more or less stopped in 1967, when I came to Berlin and studied there something scientific which ended up to not be helpful. I have left Germany in 1980. I had to watch the Wall being crushed from the US, where I was not at all capable of keeping up with anything that related either to Germany, nor the US.

I know a little bit about the not so nice people there. They always been around there already in the 1967, just not so much in your face. Now they pop up in larger numbers and as I don't have more inside in all of it than just looking over the pond online a little bit, I blame quite a bit the US foreign policies for creating the refugee crisis and am not happy at all about what is going on over there.

Thanks for your kind response. And good luck for your move to Weimar, a city I also never have seen. I left Germany before the reunification. I heard about all that ossie and wessie stuff there from here in the US and was disappointed, baffled and finally disillusioned. People in Germany, who never lived in the more rural and impoverished areas in the US, have no imagination how well they are off. I hope it will remain that way, even if so many Germans complain it's going down the drain for them as well.

Oh, I will look up your diary on the gos. So nice to get to "know" you. I haven't consciously seen your handle before. All the more better to have you here now. See, we need a caucus99p to make that happen. Smile

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tapu dali's picture

Wow, brings back memories ...

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There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don't know we don't know.

tapu dali's picture

Die so-genannte "DDR".

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There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don't know we don't know.

lotlizard's picture

http://www.taz.de/Ehrung-fuer-Mark-Zuckerberg/%215278042/

The late Axel Springer was the hardline anti-communist German publisher of right-wing newspapers Die Welt and Bild. Comparable to Henry Luce, hardline anti-communist founder and magazine publisher (Time, Life, etc.) in the United States.

“AG” = Aktiengesellschaft = German equivalent of “Inc.” or “Corp.” in the case where a corporation’s shares are publicly traded on stock exchanges.

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tapu dali's picture

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There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don't know we don't know.

As usual, you've neatly identified an issue which any sensible business-person should recognize as enlightened self-interest; dog-eat-dog capitalism isn't sustainable. Nothing can continue to grow forever without destroying the environment which enabled it to be, and any business model based on ever-increasing profit/growth has doomed itself to fail.

But in too many cases, the blindness of greed will not lift until the torchlight can be seen reflected in the pitchfork tines... democracy was intended to prevent any such abusive cause of unrest from taking root and overshadowing society until it all withers and dies together, and a true democracy takes care of its own - a form of socialism.

America was intended to be a democracy... there is nowhere else to go for any country, if our Earth is to survive.

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Psychopathy is not a political position, whether labeled 'conservatism', 'centrism' or 'left'.

A tin labeled 'coffee' may be a can of worms or pathology identified by a lack of empathy/willingness to harm others to achieve personal desires.

SnappleBC's picture

The fix can only be found in our culture. As long as "we the people" look at systemic corruption and ignore it then it will continue. We, the voting public, needs to start caring again about things like honor and integrity. How many times have you heard someone reply to documentation that Hillary lied or deceived, "politics ain't bean bag". Another way to say this is "I don't care about honor and integrity, I care about winning."

As long as a majority of voters feel that same way, then the corruption will continue. That's why I will not vote for Hillary (or any other corrupt politician) any longer. I've made a conscious decision that honor and integrity matter.

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A lot of wanderers in the U.S. political desert recognize that all the duopoly has to offer is a choice of mirages. Come, let us trudge towards empty expanse of sand #1, littered with the bleached bones of Deaniacs and Hope and Changers.
-- lotlizard

Pluto's Republic's picture

You can fix any problem by fixing the blame.

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____________________

The political system is what it is because the People are who they are. — Plato
TracieLynn's picture

This is why we are fighting, so none of us have to make such horrible choices - either you or the employee you had to fire.

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We are not embracing a politics of envy if we reverse a politics of greed. - Joseph Stiglitz

We must be pragmatic.

blah, blah, blah

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mimi's picture

that huge part of the German population sold out for reasons you mention in your diary ... and became the so-called "Good Germans", the enablers and the bystanders in the 1930ies. My grandfather "sold out" and stuck with the job he had as a low level government employee in Hitler's regime. He was the only one, we know of to be definitely not a Hitler follower. Yet he felt he had to keep his job. Just someone, who wanted to feed his family of six, after all they were dirt poor after wwI.

Just saying, it's a matter of differentiating of bareknuckle survival of yourself and your family or "living comfortably" without being "rich". In today's world I would rather think, most middle class people "sell out" not because they couldn't survive on less, but because they wouldn't find jobs, that would pay them less, but make them feel more in tune with their moral conscience.

May be a question to ask oneself is with what kind of work would you like to make your living? So that the selling out part of it wouldn't be so hard and shameful to your moral-o-meter.

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tapu dali's picture

but as a Balt after 1940, once Russia had illegally annexed the three nations my father and many others had two options: get deported to Siberia or or fight back.
Unfortunately, one was either a Communist or a Nazi. There was no third option.
For a reference, read Modris Eksteinss' Walking since Daybreak.

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There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don't know we don't know.

mimi's picture

mention in your comment. I will add this book to my boxes one day and hopefully feel so happy and relaxed to read it.
I had an aunt, whose granddfather came from one of the baltic states, I remember. The son, her father became then some kind of an administrative employee of the German colonial administration in Samoa before wwI. I remember she had some memories of her childhood to the region in the balkans. She as an adult in the sixties I think visited once Samoa and was completely confused about the hostility Samoans had against the Germans still after all those years. I heard the story as a teenager and couldn't quite understand it then. Today I do and like so many other things I learned only in the US, I in hindsight wonder, why people couldn't imagine the hostility lasting on for generations. People don't forget and don't overcome their own painful experiences. If you haven't had such experiences in your younger life, you just can't imagine how other people's experiences have formed them.

So, for all the memories you have had about your homeland, I can follow at least a little bit. All I hope that one day we hopefully may have more options than to either fear the Communists/Socialists and leftists or the Nazis and right-wingers. Social Democracy sounds about right to me. Smile

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tapu dali's picture

In Canada, the NDP is the closest to my ideal.

When I was in Germany, I was a Willy Brandt SPD-type, who had to forge a coalition with the centrist FDP-Scheel to form a government agianst the CDU/CSU opposition of (?) Kohl-Strauss?

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There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don't know we don't know.

lotlizard's picture

Now, in both Frankfurt and on the state level, the Greens are junior partners in a ruling coalition with Christian Democrats.

This Sunday, citizens in Baden-Württemburg will cast their ballots for the state legislature (Landtag). In some polls going down to the wire, under the popular Green prime minister Winfried Kretschmann the Greens are leading even the Christian Democrats. On the other hand, in the same polls the SPD scores below 15 %.

http://www.wahlrecht.de/umfragen/landtage/index.htm

Weird. In some places in Germany nowadays, the Green variant of social democracy now holds way more appeal for voters than the SPD’s “classic” version.

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Heh, my wife is a Green, I give her crap about it being Red myself. Our village in Sachsen is mostly CDU with a couple of Linke, including myself.

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lotlizard's picture

so now I’m a Saxon too.

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mimi's picture

for not being principled and courageous enough to speak up. What gets me so upset of the US party versions and structures is that something like that (being a junior partner and participant of a multi-party coalition) could never happen with their electoral college laws. It's something I can't get over. Like, if you can't fight it, join it, doesn't work for me for this.

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mimi's picture

it's there when I took off and everything after that was just fog and later confusion when I started to read blog news in 2004 and on.

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lotlizard's picture

of Flick affair notoriety.

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tapu dali's picture

Once you joined, they got you by the short and curlies.

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There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don't know we don't know.

Don't join.

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Shahryar's picture

"shoot the prisoner or we'll shoot you!"

and you suspect that sooner or later you'll find yourself hearing it being said to someone else who's got the gun and is looking at you.

if it were me....I don't know what I'd do. I'd be thinking about getting another job but those things are hard to come by.

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gulfgal98's picture

forces nearly every one of us to have to compromise ourselves at some point.

When I read your story, I felt sorry not only for the guy you had to fire, but also for you because you really did not want to do it. The system is eating every one of us up even those who work in the government. I was "eased out" of my job in local government because I had been there too long and it was costing them too much to keep me in pay and benefits. Never mind that I lost leave time two of the last three years I was there because I simply could not take it due to our work loads. For the management, it became all about the bottom line. At first, they offered long term employees a cash bonus to leave. I did not bite. I liked my job and felt I was doing something of public benefit. Then they offered long term employees the chance to retire and draw their pensions immediately. I began to see the writing on the wall as commissioners were talking about cutting personnel. So I took that option and was lucky that I did so. Because lastly, they started cutting positions and some of those were held by long term employees.

Even if you do not have a mortgage or children, many people stay where they are for health insurance or other benefits. It is the system that makes us become servants to our employers.

Markos is selling out for another reason that has nothing to do with bills, kids, or his mortgage. He is selling out in hopes of becoming a power player.

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Do I hear the sound of guillotines being constructed?

“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy

Steven D's picture

He's making money and will make money regardless of who wins the Dem Primary. He wants to be a player at a higher level.

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"You can't just leave those who created the problem in charge of the solution."---Tyree Scott

but he may even feel like he'll win even if the Republicans win the general, as more disaffected Democrats will be looking for a place to vent the same way people were looking for a place during GWB's term in office.

Got to admit, I wonder what will happen if Clinton wins and takes us into another war (as many of us fear yet predict)? Will the front-pagers left find a way to justify that as well?

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Shahryar's picture

the front pagers don't discuss Obama's misadventures. It's ok if you are a Democrat. Go "D"!

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That's how wealth is made. When you get paid coming and going when they buy or sell and your pockets fill, then you don't care what the price is. There is always a vig payed for the transaction. But that begs the question: Kos claimed he had "No reason" to endorse or support either candidate then the Purge of Ides was decreed upon the Land of Kos. If he was making money coming(Hillary) and going (Bernie) then why the purge?

Was there more $ to be made elsewhere? If so where? I haven't rec'd or commented since that diary and I didn't log in today.

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Raggedy Ann's picture

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"The “jumpers” reminded us that one day we will all face only one choice and that is how we will die, not how we will live." Chris Hedges on 9/11

Big Al's picture

Is he a sellout for supporting Clinton? Is he a sellout for telling anyone that doesn't agree with him to get off his blog? I'm not seeing a sellout here that impacts his standard of living. Are you saying if he didn't get behind Clinton, his Daily Kos blog would go downhill and he'd have to get a real job and put off buying his Tesla?

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shaharazade's picture

money security for his family sell out. He sold of his online empire a while back and was crowing about how he won the race and was now rich for life. I don't think he sold anything out he lost his soul years ago. Working for Wall Street in order to support your family is a lot different then wanting to join the CIA. He's just a power seeking, anti-democratic, greedy, libertarian ex Republican, CIA loving dude who wants to be a big shot. He thinks issues like economic disparity, free education and affordable single payer health are not important. To him humanistic democratic values like real equality are stupid ideological nonsense. I don't for one minute believe he gives a rats ass about racism and all his pet talking points. He's furious about Bernie's popularity as his message is the polar opposite of his own nasty ideology. He sold out long before he started dkos it was his stepping stone to get to the top. Hillary is the perfect candidate for his mind set. I'm sure he truly believes she will make a good president her agenda fits right in with his.

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tapu dali's picture

And having been a 5mojo TU for years there, I say this ...

more in anger than in sorrow. [yup, I know].

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There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don't know we don't know.

thanatokephaloides's picture

He's just a power seeking, anti-democratic, greedy, libertarian ex Republican, CIA loving dude who wants to be a big shot.

A little music to sing this point to:

[video:https://youtu.be/bEea624OBzM]

Wink

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"US govt/military = bad. Russian govt/military = bad. Any politician wanting power = bad. Anyone wielding power = bad." --Shahryar

"All power corrupts absolutely!" -- thanatokephaloides

I was speaking to justification and this one, because of his resources gets filed into the Dependents bucket. Here is an example:
"I don't want to see my kids have to go through what I went through"

I don't think his justification for his desire for power is his desire for power in other words.

Thanks for the post love this new site!!

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tapu dali's picture

Canadian economists, https://en.wikipedia.org/wiki/Harold_Innis

How do I inset a link or image here? Help!

='( ='(

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There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don't know we don't know.

tapu dali's picture

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There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don't know we don't know.

gulfgal98's picture

look below the comment box and you will see the words in blue "Textual smiley." You click on that link and it will give you the text needed to create the smiley. It takes you away from your comment, but when you click back, you comment is waiting for you to add a formatted smiley. You will not lose you comment by clicking on the link. I hope this helps.

Other formatting is above the comment box and appears when you are writing a diary, essay, or article so it makes formatting anything very easy. Even I can do it and I am very technologically challenged. Blush

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Do I hear the sound of guillotines being constructed?

“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy

enhydra lutris's picture

Diablo Bomb

dayim!

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That, in its essence, is fascism--ownership of government by an individual, by a group, or by any other controlling private power. -- Franklin D. Roosevelt --

Kos has decided to make his money from the insider's rather than the outsiders.

Remember when Liz Warren landed in D.C. And was warned that she could either be an insider or outsider?

Kos is .LLC, he has ad revenue to think of and the outsiders(us), just aren't providing as much monetary support as Kos desires. He made a calculated decision to get paid by insiders. My point is - that is selling out and his March 15th purge is evidence. The other point is hiw he justifies it. He has other mouths feed besides his familys because people count on dkos for employment. So he justifies his corporate ambitious by purging post against the ultimate Corporate Crusader HRC.

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Mark from Queens's picture

I think about this all the time. Thanks for your sobering, honest and brutal summation of the kind of trap most of us in the 99% are in but avoid talking about with frank honesty.

I believe that were we to at least take the first few steps toward socialism, particularly to include Bernie's brand that would include at a minimum healthcare for all and free college education, we would see radical changes in the rationalizations and justifications you outlined.

Think of how vastly different everyone's station in life would be if we at least took away the specter shadow of being foreclosed upon by staggering medical or student debt. These are perhaps the two biggest worries strangulating the vast majority of people still slogging thorough the wreckage caused by the Economic Terrorists of Wall St. Had everyone had full healthcare coverage and no specter of being handcuffed by student debt you'd have firstly, a much happier populace, living without the day to day stresses of those enormous debt possibilities lingering over their heads. By extension also people would no longer have to stay in shit, dead end jobs just for the health insurance coverage (i.e. benefits). Fresh college graduates would no longer be easy predatory meat for the ugly colossal corporate monolith that sucks them in with immediate employment (i.e. Big Pharma, Insurance co's, banks, Wall St) and promises of big salaries, if they just pay the game, shut up and keep depositing all that hush money. No wonder the Arts have been slashed. In a general sense the PTB don't want to inspire creative thinking, questioning authority, imagining a different more utopian world. Everyone will now be a "business" major. Dow Jones and stock market reports every 10 minutes on AM radio remind us that we're not quite American (i.e. "successful") if we're not in the investor class ourselves. The American Dream(tm).

This is why Bernie's "socialism" scares the criminals who are benefiting from the crony capitalism status quo. Both of the aforementioned sectors either were the recipients of windfalls of taxpayer bailouts or funded by RW and Neoliberal (same thing) corps to keep their money-making scam running. They've got so much money to burn. And a good chunk of it no doubt is going to mold the next generation into junior capitalists who they hope will buy into this egocentric, self-centered, cultural Darwinism. We've allowed this become a deity through worship of the greatest lie ever perpetrated on the American public, the scam of "free market" capitalism/Every Man For Himself fiscal bullshit.

As Mark Twain put it another way, we all have "corn-pone opinions."

I can never forget it. It was deeply impressed upon me. By my mother. Not upon my memory, but elsewhere. She had slipped in upon me while I was absorbed and not watching. The black philosopher's idea was that a man is not independent, and cannot afford views which might interfere with his bread and butter. If he would prosper, he must train with the majority; in matters of large moment, like politics and religion, he must think and feel with the bulk of his neighbors, or suffer damage in his social standing and in his business prosperities. He must restrict himself to corn-pone opinions -- at least on the surface. He must get his opinions from other people; he must reason out none for himself; he must have no first-hand views.

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"If I should ever die, God forbid, let this be my epitaph:

THE ONLY PROOF HE NEEDED
FOR THE EXISTENCE OF GOD
WAS MUSIC"

- Kurt Vonnegut

tapu dali's picture

"Socialism now, and other essays" by Anthony Crosland?
And I always got these two British Socialists confused; I was then reminded of Richard Crossman's "Diaries of a Cabinet Minister".
I guess I'm just an old-fashioned socialist in heart!

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There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don't know we don't know.

Look at the tyranny of party -- at what is called party allegiance, party loyalty -- a snare invented by designing men for selfish purposes -- and which turns voters into chattles, slaves, rabbits, and all the while their masters, and they themselves are shouting rubbish about liberty, independence, freedom of opinion, freedom of speech, honestly unconscious of the fantastic contradiction; and forgetting or ignoring that their fathers and the churches shouted the same blasphemies a generation earlier when they were closing their doors against the hunted slave, beating his handful of humane defenders with Bible texts and billies, and pocketing the insults and licking the shoes of his Southern master.
-MT

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Mark from Queens's picture

MT, who is that?

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"If I should ever die, God forbid, let this be my epitaph:

THE ONLY PROOF HE NEEDED
FOR THE EXISTENCE OF GOD
WAS MUSIC"

- Kurt Vonnegut

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TheOtherMaven's picture

I guessed as much, from the caustic tone and the initials, then checked the quote and BINGO!

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There is no justice. There can be no peace.

NWIA's picture

You write of what so many conscientious people have to go through. I've seen it firsthand, working in nonprofits or virtually nonprofit companies, each of which has had to flirt and smile with the wealthy to keep the funding going. And the farther I go, the more I am deeply invested not in my company, but in my family's wellbeing. And that makes me question my motives for working even more, all the while looking at my family exactly as you do.

A cowotker, who has a pension from another job while working part time at my firm, challenged my support of Bernie: what are you going to do when he shuts down Wall St? What happens to your retirement plans, your future, your kid's future? And this is how too many people react (like Chelsea's pants on fire "He's agonna take our health care away!") Am I comfortable having my finances intertwined with stocks, IRAs, etc.? No, but the answer isn't ending it. It's assuring its legality and transparency. I think all we can do is be as honest with ourselves as possible and do what we can when we can to live in a just world. The astonishing thing is that we have a chance to see this happen at the top!

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Then buy them a copy of The Big Short if when it comes out :).

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Pluto's Republic's picture

This is entirely about regulations, gained and lost. This must be corrected for the sake of society and the nation's wellbeing (the ability to deal with crisis) before we even get into socialism (aka: Investing in the commonwealth and human capital).

Take a look at this chart. It covers 100 years of the US economy. It shows two graphs merged. The green graph is the Regulation Index, which shows presence and influence of regulations at work in the financial sector. The red graph show the Relative Finance Wages (earnings/income inside the financial sector) as a ratio of the entire population's income.

Third Way economist, Paul Krugman, tried to finesse a similar chart of his own, also covering 100 years. Of course, it's relative to nothing that would indicate cause, and the legends make no sense, but he did add trend labels for his special needs readers.

Finally, here's a chart showing the Financial Sector Wages ratio, with specifics about the deregulations that killed the American middle class.

There is absolutely no mystery about either the problem or the fix for the US economy.

I could also show you a graph of the top marginal tax rate over a 100 year period overlaid by the Fin. Wages ratio line, — which would present a perfect negative correlation pattern.

When taxes and regulations are returned to the levels of the most prosperous 50 year period in US history, the stock market will keep chugging along just fine. No one will lose their jobs. Asset values will correct and normalize but nobody will go hungry.

Every single American is compromised and corrupted by deregulation, and criminally hoarked tax rates, at the present moment; the ethical actions of no one man can fix this.

A visionary in the White House could, though.

Pluto

PS: This was a great essay to read. Thanks, dakrle. You really humanized the dilemma.

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____________________

The political system is what it is because the People are who they are. — Plato
Pluto's Republic's picture

…that add nuance and background to the current situation. Every one in DC knows about this. They cannot do anything about it because the electorate is too brainwashed at this point to allow them. They have become a lumpen of crowd-sourced Orc's yelling: "No big govmunt!" "No more taxes!"

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____________________

The political system is what it is because the People are who they are. — Plato

That top graph is pretty dubious. It uses a classic "lying with statistics" approach to exaggerate the change by not including the zero value on the y-axis. At the same time it is probably showing a metric that if interpreted properly would understate the current too-big-to-fail nature of our financial markets.

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Third Way economist, Paul Krugman

This label is a bit silly, don't you think?

Sure, Krugman's overwhelming bias for Hillary this election cycle has been extremely disappointing. But the "Third Way" label doesn't fit. For example, Krugman was very vocal critic of deficit hysteria and austerity during the Third Way's big push.

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I wonder if he is hoping for a job in her administration, if she should be elected/

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In his 2007 book, "The Conscience of a Liberal," Krugman basically argued for the type of policy agenda Sanders is proposing.

And Krugman lamented the Democratic party's drift to the right, stating:

"On economic issues from welfare to taxes, Bill Clinton arguably governed not just to the right of Jimmy Carter, but to the right of Richard Nixon."

Well, now we have a credible progressive candidate that is trying to shift the Democratic Party back to the left. But instead of supporting Bernie, Krugman criticizes his every move. And Hillary can do no wrong.

Perhaps Krugman has a good personal relationship with Hillary, and doesn't want to be shut out like he was by Obama.

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tapu dali's picture

What happened to him?
So sad.

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There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don't know we don't know.

I had to revisit some of it looking for clues to his Hillary Clinton support. I can't say I found any.

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In the past Krugman has stated that he's not the courtier type and it seems to ring true.

I have to say that I think he's a bit more of a centrist at heart than the thinks. I saw him buying in to HRC's "no we can't" argument which was rather surprising. No one's perfect but I admit I have been avoiding his blog of late: I think he has some good thoughts on economics and politics (most of the time) and I would hate to see him tarred by the Clinton brush in my mind.

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Ravensword's picture

It's such a shame that Krugman decided to throw in his lot with Shillary. How does a guy in the tradition of Keyne support a third way candidate? Maybe he has reservations over Bernie's perceived electability in the GE. Maybe he has lost his way.

If Krugman was having reservations of either candidate, then he could've simply held off on endorsing anyone.

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Pluto's Republic's picture

So, I rag on him here for his own protection Wink

Actually, he squatted and publicly pooped right on top of his own credibility and sullied his own reputation. My job is to immortalize that. Americans have a short term memory problem; they keep making the same mistakes. It's a real shame. I do what I can.

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____________________

The political system is what it is because the People are who they are. — Plato
MonetaryLeviathon's picture

I find the idea of a 'liberal' economist meme associated with an economist kind of weird though I know it is a common association. I had to laugh at Paul Krugman when he came on the Bill Maher show during the 2008 crisis all pale and whatnot. He really looked like all the blood had drained from his face. A friend of mine and I were discussing a housing and financial sector crash coming around the bend in 2002. It was so obvious to us yet others couldn't see it coming kind of blew us away.... we didn't know when it was coming but knew it was coming.... housing prices were outrunning wages for years in 2002 and jobs were becoming more and more insecure.

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charts in the future.

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Martha Pearce-Smith's picture

far more than I. But I look at socialism differently...Perhaps even a little naively, but I look at it as community, supporting and caring about one another... and here is a for instance...

A disaster happens, and everyone is in the same boat, and they come together to pool what little each has to get everyone though the hard time. The power is out, so everyone cleans out their freezers and someone comes up with a bbq and everyone eats what will spoil if it isn't shared. Someone watches the kids so the adults can begin to clean up and get organized. A couple of homes are less damaged than the others so everyone shares the roof... it is all for the common good.

It is simple really...almost tribal... but the more people put into the mix, the more complicated it gets...and I think that is true for any form of government. And when the population gets to a certain magic number where it is too large for "one person, one vote" and we have to have representatives to vote FOR us...that is when things go to hell in a hand cart... they get too big for their britches and start to think of themselves as "special"....the "chosen"....and you know what they say about power corrupting.

Anyway...there is my simple take on things... hope it makes some sense... *tosses two cents on the table*

Here is my take on "big shot" kos....

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thanatokephaloides's picture

Martha, when you describe a system which works like this:

But I look at socialism differently...Perhaps even a little naively, but I look at it as community, supporting and caring about one another... and here is a for instance...

A disaster happens, and everyone is in the same boat, and they come together to pool what little each has to get everyone though the hard time. The power is out, so everyone cleans out their freezers and someone comes up with a bbq and everyone eats what will spoil if it isn't shared. Someone watches the kids so the adults can begin to clean up and get organized. A couple of homes are less damaged than the others so everyone shares the roof... it is all for the common good.

you are describing anarchosocialism, also known as mutualistic anarchism. Society organized with minimal to no bosses, for people not profits, and with a principal culture of mutual aid. Anarchosocialism still has the best hope of being the system which will permit human society to outlive capitalism (which it must, if our species isn't to end up extinct).

After all, disaster or not, and recognize it or not, we really are all in the same boat!

I myself am an anarchosocialist. (There are a few others of us over on the Kos; I'm trying to get them here.)

p.s.: There's nothing naive about your thinking here at all!

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"US govt/military = bad. Russian govt/military = bad. Any politician wanting power = bad. Anyone wielding power = bad." --Shahryar

"All power corrupts absolutely!" -- thanatokephaloides

mimi's picture

how can there be a country too big to have "one man, one vote" electoral procedures?

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Martha Pearce-Smith's picture

"...for people not profits..."

Yes! Have you ever read the work of E. F. Schumacher?

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tapu dali's picture

1960s style British Socialism, as exemplified by Harold Wislon [sic, I'm sure people get the joke], and his 1964 Cabinet including Richard Crossman, Barbara Castle, and yes, https://en.wikipedia.org/wiki/Burke_Trend,_Baron_Trend
then Sir Burke Trend, Rector of Lincoln College , is much more my style.

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There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don't know we don't know.

tapu dali's picture

Awfully sorry.

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There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don't know we don't know.

thanatokephaloides's picture

I've not heard of Ms. Schumacher before. Thank you for the link! Give rose

And although other proposed "for people not profits" systems exist, the additional aspects you included in your example (no bosses, mutual aid culture) are what make that example one of mutualistic anarchism.

The anarchopedia.org site appears to be down at the moment, or I would direct you there for more informative goodies.

Smile

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"US govt/military = bad. Russian govt/military = bad. Any politician wanting power = bad. Anyone wielding power = bad." --Shahryar

"All power corrupts absolutely!" -- thanatokephaloides

Bisbonian's picture

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"I’m a human being, first and foremost, and as such I’m for whoever and whatever benefits humanity as a whole.” —Malcolm X

greenmoutainboy's picture

I only regret I have but one website to give to the establishment.

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GMB
The Octopus Squirts Ink into the Water Before It Strikes or Retreats

Ravensword's picture

It's astounding how insidious the system is. The only thing preventing people, such as yourself, from standing in solidarity with people like the guy you were forced fire is your family. From what I gathered from this essay, it seems that you find the work of making assholes even richer to be degrading. You rationalize your lot in life by telling yourself you're a good husband and a father. At some point, you must realize that all the pragmatic rationalizations in the world won't be able to erase any feelings of regret, and the increasing feeling of a life misspent.

The Wall Street system prizes greed and self-indulgence. Perhaps other folks that find themselves in the same boat would like to consider themselves to be selfless individuals, but would it be accurate to call someone selfless, if the only other people they look out for happen to be genetically related him? I would say that if the man can extend his selflessness to the man his is being forced to fire, and by extension, the family of that man, that is true selflessness.

It's one thing to want to start a revolution, it's gonna take some bootstraps and a whole lot of planning to stem the tide of corporate neo-feudalism.

As for Markos's selling out, let's not assume it's because of rent/mortgage, dependents, and bills. Maybe he just wants a bigger house, fancy sports car, and more crap.

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You make a good point about the nature of the entire system here. I have a friend who's up in 1% territory now. She totally deserves that high salary, she worked for years being underpaid and was fine with that, she isn't all about the money at the end of the day. BUT, she is what I call co-opted, and I think that is a lot of how it starts and remains. She makes just enough to somewhat sympathize with the really wealthy but does NOT see that they are in actuality screwing her over in much the same way the rest of us are being screwed. She is paying the highest top marginal rate on wages, pathetic as that top rate is, but does NOT see that people living completely off of carried interest and capital gains are paying much, much less than she is. To my mind, she should be outraged that they pay so much less of a percentage than she does. But she won't ever go there. To go there would mean she'd actually have to really see just how skewed our system is, and how her high salary co-opts her into agreeing with it. She defers half her income, has no dependents, but when she told me that, she 'gets it' enough to look rather sheepish about it. But STILL DOES IT. Knows better, still does it. Co-opted. How we stop that, I do not know. But it sure helps to keep us all divided, scared and selfish due to that fear.

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Only a fool lets someone else tell him who his enemy is. Assata Shakur