Tag: cons

Read More

The Con is On

If you’re banging the drum of warning about impending climate doom or advocating essentially destroying Russia to save Ukraine, what will you say when the gasoline price soars past $6, $7, $8 a gallon or you’re hungry for lack of something—anything—to eat? Surely those, ah, causes will be meaningless then—and you lie to yourself if thinking otherwise.

Reason demands that people like you stop prattling emotions, wrapped in crisis, to sway public opinion and political policy. People like you share the critically common characteristics of grifters. Today, in the United States, following the change of administration in Washington, D.C., the con is on.

Read More

Masters of the Econolypse

While I was flu-snookered last week, Rolling Stone issue 1099 arrived. It’s the third issue received since my resubscribing after more than 25 years. Amazon made an offer I couldn’t refuse: Half-year subscription for a buck. The writing is better than ever, although a contributing editor wrote the best story—”Wall Street’s Bailout Hustle“.

That best story is simply amazing. Matt Taibbi puts the mortgage crisis and subsequent government bailout in grifter terms (Seven different cons). Matt’s storytelling is exceptional, and he gives the crisis the rip-off context it deserves.