tag:blogger.com,1999:blog-34011427.post6990195286645914416..comments2024-03-26T07:00:11.620-05:00Comments on Wisdom of the Hands: why is this man smiling?Doug Stowehttp://www.blogger.com/profile/13003845322415622289noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-34011427.post-14835415806252986822010-02-06T16:38:14.266-06:002010-02-06T16:38:14.266-06:00From Charles Hugh Smith: "This can be express...From Charles Hugh Smith: "This can be expressed very simply: we are what we do every day.<br /><br />In a very real way, we "vote" for our health by what we choose to put in our mouths three times a day, just as we "vote" on which kinds of food and companies we support when we buy the food.<br /><br />Every purchase we make is a "vote" for or against a high-cost, debt-serf lifestyle that serves the interests of Power Elites and cartels.<br /><br />Every hour we spend "consuming" mass media "entertainment" is a "vote" in favor of passivity, powerlessness and propaganda. Every time we turn off the mass media we are "voting" for our own productivity and well-being.<br /><br />Every time we offer our effort to others in voluntary social networks, we "vote" for the reciprocity and trust which are the foundations of sustainable communities.<br /><br />Every vote for the incumbent politician is a vote for a doomed status quo that is in servitude to Power Elites (with rare exceptions). "<br /><br />Scrap WoodAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34011427.post-32831038151836051802010-02-06T12:35:39.054-06:002010-02-06T12:35:39.054-06:00Goldman Sachs may be the most blatantly criminal o...Goldman Sachs may be the most blatantly criminal of all in that they saw the housing bubble coming, knew that it would collapse and then bet that it would collapse all the while selling financial products to the unwary. But of course as you suggest, there is plenty of blame to pass around. The CEOS of banking and insurance companies are not the only ones to be out of touch and many others would have benefited from experience in wood shop. <br /><br />My own predictions of the collapse of the housing bubble were documented in the blog back in 2006.Doug Stowehttps://www.blogger.com/profile/13003845322415622289noreply@blogger.comtag:blogger.com,1999:blog-34011427.post-92113393432957900422010-02-06T11:17:37.594-06:002010-02-06T11:17:37.594-06:00Seems to me that you are only highlighting just on...Seems to me that you are only highlighting just one part of the cause of the financial collapse by focusing solely on the banking and insurance industry. While I agree that the private sector certainly had it's part there is PLENTY of blame to pass around... including a naive electorate who continues to place in office incompetent politicians. <br /><br />Both major political parties are a very sad case in point and both are/have spent our country into the ground from which there may be no return. And the sad part is that politicians like Barney Frank are in complete denial when it comes to his own oversight of Fanny Mae and Freddie Mac. Yes, the private sector had it's part but it's mainly the incompetent politicians who spend like there's no tomorrow that will leave behind the saddest state of affairs for our childrens future.<br /><br />Perhaps there is some hope when a state as left as Massachusetts even seemed to get in the recent election for Ted Kennedy's seat... or better yet, "the peoples seat".Dave Brockhttps://www.blogger.com/profile/16074715438584429020noreply@blogger.com