L'esprit de 89

The unemployment rate is 9 percent. But it’s not evenly distributed. The unemployment rate of the kind of college educated middle aged white people who run key institutions is much lower than that. I simply find it impossible to believe that if 9 percent of Richard Fishers friends were unemployed, that we’d be getting the same outcomes. If 9 percent of Ben Bernanke’s family members were unemployed, he’d be dusting off old papers about “Rooseveltian resolve” and “self-induced paralysis.” Protesters in the streets probably aren’t going to solve our problems, but if they can bring some sense of urgency to the people in power, they’ll be doing the world a huge favor. -Yggs

You know. Like in Syria. Our good friend is you'llpardontheexpression laboring under the impression that Ben Bernanke and Richard Fisher and their friends are unaffected by a high jobless rate; that the precarious condition of the American worker and the abject condition of the American workforce have no impact on the lives of Richard Fisher and Ben Bernanke and friends. Well obviously the Ben Bernankes and Richard Fishers of the world are deeply affected by the current state of the economy--just not negatively. Don't bogart that joint my friend. They and their friends are immensely rich. They are getting richer. Their speculative financial business ventures are guaranteed by state-created capital. 9% unemployment (and obviously the real percentage of unemployed people is much, much higher than this) isn't some alien territory these fuckers happenstanced across; they created it! This isn't a failed labor policy. This is the labor policy.