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I heard it was a good piece... but to be honest I just feel like I've reached overload on the subject. I'm more concerned at this point about how to get myself out of the shitty situation I've wound up in, than about the big picture.
It's a worthwhile read, but you def need your big boots on to slog through it. I am definitely NOT a fan of his style at all - it's screedy and almost drunken-sounding which leaches out the actual journalism.
He needs to get more involved in the facts and less on the invective.
Good point. As I was slugging through it with my big boots on I just felt myself get angrier and angrier. [long rand redacted] ... wow, got so angry there I couldn't even string together a coherent sentence.
I am sure that much of that article is true, but like LT says, it is not journalism, and therefore as trustworthy as the meth addicts that Taibbi likes to slam. Strip that article of all its metaphor, invective, adjectives and adverbs, and see what's left.
but to be honest I just feel like I've reached overload on the subject. I'm more concerned at this point about how to get myself out of the shitty situation I've wound up in, than about the big picture.
Yeah, me too. That's pretty normal.
I know that I am well within my rights to be angry at the way the governing class is behaving right now, but is that going to be a productive anger, leading me to take positive action in my life? Nah, not really. Knowing me, I'd just wind up following link after link on equally angry blogs and wind up wasting valuable time that could have been spent making contacts and looking for work.
It's worth reading, if you can gloss over the invective. I don't pretend to understand the global financial spiderweb that I have always worried about, but what he writes makes sense when he's not raving about meth addicts. If even half of what he writes is true (and I have no reason to believe it's not all true, if a little shrill) we (The People of The World) are in for a tough time in the next few years and possibly longer, unless we stand up and refuse to pay ridiculous amounts of money to companies who have simultaneously been mis-managed to the point of being unable to survive a completely predictable downturn in the global economy and causing that down-turn in the first place due to economic policy that a dumb-ass like me could see was not sustainable.
The icing on the cake (and the thing most likely to bring down the whole old-school-friends network running the world at present is the continued payment of obscene salaries and bonuses to people who clearly don't deserve them. Sure, the companies are contractually obligated to pay them, but it would be interesting to see what would happen if they just said "no, we are not going to pay you your bonus - sue us if you want".